Shriram Pistons & Rings Ltd
SHRIPISTONShriram Pistons & Rings Ltd
SHRIPISTON
Price Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
AvgFinancials growth has been moderate for a few years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
AvgThe stock has a moderate number of red flags
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 12.12 | 3.00 | 0.71% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 70.37 | 6.76 | 0.56% |
Forecast & Ratings
Detailed ForecastPrice
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Shriram Pistons & Rings Ltd. manufactures Pistons, Piston Pins, Piston Rings and Engine Valves.
Peers
Compare with peersBosch Ltd
Samvardhana Motherson International Ltd
Schaeffler India Ltd
UNO Minda Ltd
Sona BLW Precision Forgings Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Hmm, looks like data is unavailable here. Please come back after some timeIncome
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 1,261.59 | 1,410.34 | 1,488.62 | 1,754.43 | 1,978.54 | 1,626.61 | 1,616.18 | 2,093.88 | 2,655.99 | 2,875.14 | ||||||||||
Raw Materials | 422.86 | 425.77 | 432.17 | 570.65 | 726.43 | 544.14 | 569.45 | 846.65 | 1,090.03 | 2,249.32 | ||||||||||
| Power & Fuel Cost | 96.17 | 102.33 | 113.20 | 132.61 | 136.23 | 115.69 | 107.66 | 130.21 | 138.07 | |||||||||||
| Employee Cost | 235.92 | 273.32 | 278.75 | 336.32 | 369.18 | 343.71 | 335.71 | 391.76 | 414.36 | |||||||||||
| Selling & Administrative Expenses | 49.77 | 41.01 | 78.05 | 89.79 | 97.71 | 80.39 | 76.82 | 88.17 | 106.31 | |||||||||||
| Operating & Other expenses | 249.52 | 318.00 | 305.21 | 307.46 | 331.51 | 340.84 | 291.44 | 303.41 | 400.20 | |||||||||||
EBITDA | 207.35 | 249.91 | 281.24 | 317.60 | 317.48 | 201.84 | 235.10 | 333.68 | 507.02 | 625.82 | ||||||||||
| Depreciation/Amortization | 96.04 | 92.75 | 89.94 | 90.33 | 94.33 | 103.04 | 102.56 | 102.05 | 94.71 | 92.18 | ||||||||||
| PBIT | 111.31 | 157.16 | 191.30 | 227.27 | 223.15 | 98.80 | 132.54 | 231.63 | 412.31 | 533.64 | ||||||||||
| Interest & Other Items | 32.04 | 26.03 | 20.41 | 16.42 | 13.92 | 12.38 | 12.56 | 11.42 | 19.29 | 24.18 | ||||||||||
| PBT | 79.27 | 131.13 | 170.89 | 210.85 | 209.23 | 86.42 | 119.98 | 220.21 | 393.02 | 509.46 | ||||||||||
| Taxes & Other Items | 21.94 | 39.49 | 52.79 | 71.96 | 70.78 | 13.38 | 31.23 | 56.64 | 99.56 | 128.04 | ||||||||||
| Net Income | 57.33 | 91.64 | 118.10 | 138.89 | 138.45 | 73.04 | 88.75 | 163.57 | 293.46 | 381.42 | ||||||||||
| EPS | 3.20 | 5.12 | 8.80 | 15.52 | 15.47 | 8.16 | 9.92 | 18.42 | 33.31 | 43.29 | ||||||||||
| DPS | 0.88 | 1.00 | 1.75 | 2.50 | 2.50 | 1.50 | 1.50 | 2.50 | 3.75 | 7.50 | ||||||||||
| Payout ratio | 0.27 | 0.20 | 0.20 | 0.16 | 0.16 | 0.18 | 0.15 | 0.14 | 0.11 | 0.17 |
Company Updates
Peers & Comparison
Consumer DiscretionaryAuto Parts
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Shriram Pistons & Rings Ltd | 15.76 | 3.00 | 0.71% |
| Bosch Ltd | 45.69 | 5.92 | 2.17% |
| Samvardhana Motherson International Ltd | 42.18 | 2.59 | 0.70% |
| Schaeffler India Ltd | 50.98 | 10.46 | 0.84% |
Price Comparison
Compare SHRIPISTON with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Mar 2023
Jun 2023
Jul 2023
Sep 2023
Shareholding History
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
Dividend Yield
Current dividend yield is 0.70%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹6.99 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJun 23, 2023
Dividend/Share
₹5.00
Ex DateEx Date
Jun 23, 2023
Cash Dividend
Ex DateEx DateFeb 20, 2023
Dividend/Share
₹10.00
Ex DateEx Date
Feb 20, 2023
Cash Dividend
Ex DateEx DateJun 21, 2022
Dividend/Share
₹4.00
Ex DateEx Date
Jun 21, 2022
Cash Dividend
Ex DateEx DateFeb 8, 2022
Dividend/Share
₹6.00
Ex DateEx Date
Feb 8, 2022
Cash Dividend
Ex DateEx DateFeb 9, 2021
Dividend/Share
₹6.00
Ex DateEx Date
Feb 9, 2021
News & Opinions
Shriram Pistons Standalone June 2023 Net Sales at Rs 713.85 crore, up 15.11% Y-o-Y
4 months ago•Moneycontrol
Shriram Pistons Consolidated June 2023 Net Sales at Rs 716.42 crore, up 15.53% Y-o-Y
4 months ago•Moneycontrol
Shriram Pistons Standalone March 2023 Net Sales at Rs 696.71 crore, up 18.64% Y-o-Y
6 months ago•Moneycontrol
Stocks that will see action on February 10, 2023
9 months ago•The Hindu Businessline
Shriram Pistons & Rings consolidated net profit rises 99.47% in the December 2022 quarter
9 months ago•Business Standard
Shriram Pistons to acquire majority stake in Singapore’s EMF Innovations
11 months ago•The Hindu Businessline
Shriram Pistons to acquire majority stake in EMFi to foray into EV space
11 months ago•Business Standard
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 8.65%, vs industry avg of 8.32%
Increasing Market Share
Over the last 5 years, market share increased from 0.85% to 0.96%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 16.14%, vs industry avg of 4.54%