Shriram Pistons & Rings Ltd Analyst Rating
based on 1 analysts
100.00%
Buy
0.00%
Hold
0.00%
Sell
Based on 1 analysts offering long term price targets for Shriram Pistons & Rings Ltd. An average target of ₹2950
Source: S&P Global Market Intelligence
Shriram Pistons & Rings Ltd Share analysis
Shriram Pistons & Rings Ltd price forecast by 1 analysts
Upside of50.76%
High
₹2950
Target
₹2950.00
Low
₹2950
Shriram Pistons & Rings Ltd target price ₹2950, a slight upside of 50.76% compared to current price of ₹1956.75. According to 1 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Shriram Pistons & Rings Ltd revenue growth forecast
Expected growth rate Q1, FY2027:36.64%
Forecast
Actual
Including amortisation and stock based compensations
Shriram Pistons & Rings Ltd EPS growth forecast
EPS estimate Q1, FY2027:45.42%
Forecast
Actual
Source: S&P Global Market Intelligence
Shriram Pistons & Rings Ltd Performance
Day's Low
Day's High
₹1,950Day's Price Range₹1,992.5552 Week's Low
52 Week's High
₹1,410.152-Week Price Range₹2,399
| Returns % | |
| 1 Month Return | -9.39 % |
| 3 Month Return | -11.91 % |
| 1 Year Return | + 22.25 % |
| Market Stats | |
| Previous Close | ₹1,960.70 |
| Open | ₹1,980.30 |
| Volume | 11.43K |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹8,636.85Cr |
Shriram Pistons & Rings Ltd Key Statistics
| P/E Ratio | 18.45 |
| PEG Ratio | 0.64 |
| Market Cap | ₹8,636.85 Cr |
| P/B Ratio | 4.45 |
| EPS | 99.58 |
| Dividend Yield | 0.51 |
| Sector | Auto Ancillaries |
| ROE | 25.82 |
Shriram Pistons & Rings Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹8,636.85 Cr | 87.96% | 0.59 | ₹438 Cr | ₹3,089 Cr | |
| NA | ₹85.10 Cr | 120.39% | 0.62 | NA | NA | |
| NA | ₹114.07 Cr | 60.42% | 0.76 | ₹5 Cr | ₹90 Cr | |
| NA | ₹1,031.53 Cr | 340.14% | 1.04 | NA | NA | |
| BUY | ₹4,105.61 Cr | 23.96% | 0.51 | ₹97 Cr | ₹3,070 Cr |
Shriram Pistons & Rings Ltd Mutual Fund Holdings
About Shriram Pistons & Rings Ltd
Share Price: ₹1956.75 per share as on 17 Jan, 2025 04:01 PM
Market Capitalisation: ₹8,636.85Cr as of today
Revenue: ₹876.50Cr as on September 2024 (Q3 24)
Net Profit: ₹125.88Cr as on September 2024 (Q3 24)
Listing date: 02 Jun, 2016
Chairperson Name: Pradeep Dinodia
| Organisation | Shriram Pistons & Rings Ltd |
| Headquarters | |
| Industry | Auto Ancillaries |
| E-voting on shares | Click here to vote |
Key events for Shriram Pistons & Rings Ltd
Shriram Pistons Projects Strong Growth and Expansion - 28 Dec, 2024
Shriram Pistons and Rings Limited anticipates 16.73% EBITDA growth to ₹750 crore by FY25, driven by aftermarket and EV market demand. Revenue rose 16.49% YoY, with net profit increasing by 11.50%. The company plans to double capacity for electric motors and controllers, maintaining a low debt-to-equity ratio of 0.24x, indicating strong financial health.Shriram Pistons Acquires TGPEL, Shares Rise - 26 Dec, 2024
Shriram Pistons & Rings Limited shares rose 1.8% following the acquisition of TGPEL Precision Engineering for ₹217.63 crore. This strategic move enhances SPRL's portfolio in high-precision plastic components, supporting growth in automotive and industrial sectors.Shriram Pistons Acquires 100% Stake in TGPEL - 24 Dec, 2024
On December 24, 2024, Shriram Pistons & Rings Limited acquired 100% shareholding in TGPEL Precision Engineering Limited for INR 2176.3 million. This strategic acquisition enhances SPRL's capabilities in manufacturing high-precision components for the automotive and industrial sectors.Shriram Pistons Acquires TGPEL, Target Price Raised - 11 Dec, 2024
Shriram Pistons & Rings Ltd plans to acquire TGPEL Precision Engineering for Rs 220 crore, enhancing its focus on high-precision components. Emkay raises target price to Rs 2,950, citing strategic importance of the acquisition.Shriram Pistons Acquires Stake in Precision Engineering - 10 Dec, 2024
Shriram Pistons & Rings Ltd announced plans to acquire a 100% stake in TGPEL Precision Engineering Ltd for ₹220 crore, enhancing its product portfolio and diversifying operations.Shriram Pistons Renews Collaboration with Fuji Oozx - 06 Dec, 2024
Shriram Pistons & Rings Ltd has renewed its technical collaboration agreement with Fuji Oozx Inc, Japan, for five years, enhancing its operational capabilities.
Insights on Shriram Pistons & Rings Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTProfit Spike
Netprofit is up for the last 2 quarters, 115.45 Cr → 124.77 Cr (in ₹), with an average increase of 7.5% per quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 863.38 Cr → 906.93 Cr (in ₹), with an average increase of 4.8% per quarter
- POSITIVE IMPACT
Price Rise
In the last 3 years, SHRIPISTON stock has moved up by 341.7%
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 1.99% to 4.27% in Sep 2024 quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 0.00% to 2.13% in Sep 2024 quarter
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, SHRIPISTON has outperformed top 5 stocks with highest market-cap in Auto, Truck & Motorcycle Parts
NO EFFECTAgainst Peers
In the last 1 year, Cummins India Ltd has given 40.5% return, outperforming this stock by 13.3%
NEGATIVE IMPACTPromoter Holding Down
Promoters have decreased holdings from 46.75% to 43.75% in Sep 2024 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 39.46% to 39.24% in Sep 2024 quarter
Shriram Pistons & Rings Ltd Financials
Shriram Pistons & Rings Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 43.75% | ||
| Foreign Institutions | 4.27% | 114.11 | |
| Mutual Funds | 2.13% | 0.00 | |
| Retail Investors | 39.24% | ||
| Others | 10.61% |
Shriram Pistons & Rings Ltd Key Indicators
Shriram Pistons & Rings Ltd Valuation
Shriram Pistons & Rings Ltd in the last 5 years
Lowest (6.72x)
July 31, 2019
Today (18.45x)
January 17, 2025
Industry (48.05x)
January 17, 2025
Highest (162.42x)
September 8, 2020
Shriram Pistons & Rings Ltd Earnings and Dividends
Shriram Pistons & Rings Ltd Earnings Results
Shriram Pistons & Rings Ltd’s net profit jumped 9.78% since last year same period to ₹124.77Cr in the Q2 2024-2025. On a quarterly growth basis, Shriram Pistons & Rings Ltd has generated 8.07% jump in its net profits since last 3-months.
Read More about Earnings ResultsShriram Pistons & Rings Ltd Dividends May,2024
In the quarter ending March 2024, Shriram Pistons & Rings Ltd has declared dividend of ₹5 - translating a dividend yield of 0.51%.
Read More about Dividends
Shriram Pistons & Rings Ltd Technicals Summary
Bearish
Neutral
Bullish
Shriram Pistons & Rings Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Shriram Pistons & Rings Ltd
Shriram Pistons & Rings Ltd share price today stands at ₹1956.75, Open. ₹1980.3 ; Previous Close. ₹1960.7 ; High. ₹1992.55 ; Low. ₹1950 ; 52 Week High. ₹2399 ; 52 Week Low: ₹1410.1.
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Shriram Pistons & Rings Ltd is listed on NSE
Shriram Pistons & Rings Ltd is not listed on BSE
- Today’s highest price of Shriram Pistons & Rings Ltd is ₹1992.55.
- Today’s lowest price of Shriram Pistons & Rings Ltd is ₹1950.
PE Ratio of Shriram Pistons & Rings Ltd is 18.45
PE ratio = Shriram Pistons & Rings Ltd Market price per share / Shriram Pistons & Rings Ltd Earnings per share
Today’s traded volume of Shriram Pistons & Rings Ltd(SHRIPISTON) is 11.43K.
Today’s market capitalisation of Shriram Pistons & Rings Ltd(SHRIPISTON) is ₹8636.85Cr.
| Shriram Pistons & Rings Ltd(SHRIPISTON | Price |
|---|---|
52 Week High | ₹2399 |
52 Week Low | ₹1410.1 |
Shriram Pistons & Rings Ltd(SHRIPISTON) share price is ₹1956.75. It is down -18.43% from its 52 Week High price of ₹2399
Shriram Pistons & Rings Ltd(SHRIPISTON) share price is ₹1956.75. It is up 38.77% from its 52 Week Low price of ₹1410.1
| Shriram Pistons & Rings Ltd(SHRIPISTON | Returns |
|---|---|
1 Day Returns | -3.95% |
1 Month Returns | -9.39% |
3 Month Returns | -11.91% |
1 Year Returns | 22.25% |