Announcement • 15h
Samkrg Pistons and Rings Limited to Report Q4, 2026 Results on May 29, 2026 Samkrg Pistons and Rings Limited announced that they will report Q4, 2026 results on May 29, 2026 Reported Earnings • Feb 10
Third quarter 2026 earnings released: EPS: ₹1.57 (vs ₹2.28 in 3Q 2025) Third quarter 2026 results: EPS: ₹1.57 (down from ₹2.28 in 3Q 2025). Revenue: ₹670.3m (up 16% from 3Q 2025). Net income: ₹15.4m (down 31% from 3Q 2025). Profit margin: 2.3% (down from 3.9% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Announcement • Jan 22
Samkrg Pistons and Rings Limited to Report Q3, 2026 Results on Feb 09, 2026 Samkrg Pistons and Rings Limited announced that they will report Q3, 2026 results on Feb 09, 2026 Reported Earnings • Nov 12
Second quarter 2026 earnings released: EPS: ₹2.93 (vs ₹2.01 in 2Q 2025) Second quarter 2026 results: EPS: ₹2.93 (up from ₹2.01 in 2Q 2025). Revenue: ₹721.2m (up 16% from 2Q 2025). Net income: ₹28.7m (up 46% from 2Q 2025). Profit margin: 4.0% (up from 3.2% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Announcement • Nov 03
Samkrg Pistons and Rings Limited to Report Q2, 2026 Results on Nov 11, 2025 Samkrg Pistons and Rings Limited announced that they will report Q2, 2026 results on Nov 11, 2025 Announcement • Sep 27
Samkrg Pistons and Rings Limited Approves Final Dividend for the Year Ended March 31, 2025 Samkrg Pistons and Rings Limited at its AGM held on September 26, 2025, approved dividend on equity shares for the financial year 2024-25 of INR 0.50/- per equity share (5%) of face value of INR 10/- each for the year ended March 31, 2025. Upcoming Dividend • Sep 12
Upcoming dividend of ₹0.50 per share Eligible shareholders must have bought the stock before 19 September 2025. Payment date: 26 October 2025. Payout ratio is a comfortable 8.3% but the company is not cash flow positive. Trailing yield: 0.4%. Lower than top quartile of Indian dividend payers (1.2%). Lower than average of industry peers (0.6%). Board Change • Aug 18
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Women Independent Director Sirisha Ramaraju was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Declared Dividend • Aug 13
Dividend reduced to ₹0.50 Dividend of ₹0.50 is 75% lower than last year. Ex-date: 19th September 2025 Payment date: 26th October 2025 Dividend yield will be 0.4%, which is lower than the industry average of 0.6%. Sustainability & Growth Dividend is covered by earnings (8% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 91% to shift the payout ratio to a potentially unsustainable range, which is more than the 10% EPS decline seen over the last 5 years. Reported Earnings • Aug 12
First quarter 2026 earnings released: EPS: ₹2.93 (vs ₹1.92 in 1Q 2025) First quarter 2026 results: EPS: ₹2.93 (up from ₹1.92 in 1Q 2025). Revenue: ₹646.8m (up 12% from 1Q 2025). Net income: ₹28.8m (up 53% from 1Q 2025). Profit margin: 4.4% (up from 3.3% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Announcement • Aug 11
Samkrg Pistons and Rings Limited, Annual General Meeting, Sep 26, 2025 Samkrg Pistons and Rings Limited, Annual General Meeting, Sep 26, 2025, at 11:00 Indian Standard Time. Announcement • Aug 02
Samkrg Pistons and Rings Limited to Report Q1, 2026 Results on Aug 11, 2025 Samkrg Pistons and Rings Limited announced that they will report Q1, 2026 results on Aug 11, 2025 Reported Earnings • May 30
Full year 2025 earnings released: EPS: ₹6.01 (vs ₹12.84 in FY 2024) Full year 2025 results: EPS: ₹6.01 (down from ₹12.84 in FY 2024). Revenue: ₹2.45b (flat on FY 2024). Net income: ₹59.0m (down 53% from FY 2024). Profit margin: 2.4% (down from 5.1% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has remained flat, which means it is well ahead of earnings. New Risk • May 30
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.4% Last year net profit margin: 5.1% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 9.5% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (2.4% net profit margin). Market cap is less than US$100m (₹1.39b market cap, or US$16.2m). Announcement • May 14
Samkrg Pistons and Rings Limited to Report Q4, 2025 Results on May 29, 2025 Samkrg Pistons and Rings Limited announced that they will report Q4, 2025 results on May 29, 2025 Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: ₹2.28 (vs ₹4.65 in 3Q 2024) Third quarter 2025 results: EPS: ₹2.28 (down from ₹4.65 in 3Q 2024). Revenue: ₹580.9m (down 4.7% from 3Q 2024). Net income: ₹22.4m (down 51% from 3Q 2024). Profit margin: 3.9% (down from 7.5% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Announcement • Jan 28
Samkrg Pistons and Rings Limited to Report Q3, 2025 Results on Feb 06, 2025 Samkrg Pistons and Rings Limited announced that they will report Q3, 2025 results on Feb 06, 2025 Reported Earnings • Nov 05
Second quarter 2025 earnings released: EPS: ₹2.01 (vs ₹1.34 in 2Q 2024) Second quarter 2025 results: EPS: ₹2.01 (up from ₹1.34 in 2Q 2024). Revenue: ₹622.6m (down 4.8% from 2Q 2024). Net income: ₹19.7m (up 50% from 2Q 2024). Profit margin: 3.2% (up from 2.0% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Oct 21
Samkrg Pistons and Rings Limited to Report Q2, 2025 Results on Nov 04, 2024 Samkrg Pistons and Rings Limited announced that they will report Q2, 2025 results on Nov 04, 2024 Announcement • Sep 27
Samkrg Pistons and Rings Limited Approves Dividend for the Financial Year 2023-2024 Samkrg Pistons and Rings Limited at its Annual General Meeting held on September 25, 2024, approved to declare dividend on equity shares for the financial year 2023-2024 of INR 2.00 per equity share (20%) of face value of INR 10 each for the year ended March 31, 2024. Upcoming Dividend • Sep 11
Upcoming dividend of ₹2.00 per share Eligible shareholders must have bought the stock before 18 September 2024. Payment date: 25 October 2024. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 1.0%. Within top quartile of Indian dividend payers (1.0%). Higher than average of industry peers (0.5%). Declared Dividend • Aug 21
Dividend reduced to ₹2.00 Dividend of ₹2.00 is 20% lower than last year. Ex-date: 18th September 2024 Payment date: 1st January 1970 Dividend yield will be 1.0%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is covered by earnings (16% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 83% to shift the payout ratio to a potentially unsustainable range, which is more than the 7.6% EPS decline seen over the last 5 years. Announcement • Aug 13
Samkrg Pistons and Rings Limited, Annual General Meeting, Sep 25, 2024 Samkrg Pistons and Rings Limited, Annual General Meeting, Sep 25, 2024, at 11:00 Indian Standard Time. Reported Earnings • Aug 13
First quarter 2025 earnings released: EPS: ₹1.92 (vs ₹1.15 in 1Q 2024) First quarter 2025 results: EPS: ₹1.92 (up from ₹1.15 in 1Q 2024). Revenue: ₹576.2m (up 5.4% from 1Q 2024). Net income: ₹18.8m (up 66% from 1Q 2024). Profit margin: 3.3% (up from 2.1% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Jul 19
Now 22% undervalued Over the last 90 days, the stock has risen 36% to ₹226. The fair value is estimated to be ₹289, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 20%. Buy Or Sell Opportunity • Jul 02
Now 21% undervalued Over the last 90 days, the stock has risen 51% to ₹225. The fair value is estimated to be ₹285, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 20%. Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹231, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 31x in the Auto Components industry in India. Total returns to shareholders of 13% over the past three years. Reported Earnings • May 30
Full year 2024 earnings released: EPS: ₹12.84 (vs ₹14.95 in FY 2023) Full year 2024 results: EPS: ₹12.84 (down from ₹14.95 in FY 2023). Revenue: ₹2.48b (up 5.6% from FY 2023). Net income: ₹126.1m (down 14% from FY 2023). Profit margin: 5.1% (down from 6.2% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Reported Earnings • Feb 13
Third quarter 2024 earnings released: EPS: ₹4.65 (vs ₹3.79 in 3Q 2023) Third quarter 2024 results: EPS: ₹4.65 (up from ₹3.79 in 3Q 2023). Revenue: ₹609.2m (up 7.8% from 3Q 2023). Net income: ₹45.7m (up 23% from 3Q 2023). Profit margin: 7.5% (up from 6.6% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. New Risk • Nov 11
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.8% Last year net profit margin: 6.9% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 9.5% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (3.8% net profit margin). Market cap is less than US$100m (₹1.36b market cap, or US$16.4m). Reported Earnings • Nov 11
Second quarter 2024 earnings released: EPS: ₹1.34 (vs ₹5.52 in 2Q 2023) Second quarter 2024 results: EPS: ₹1.34 (down from ₹5.52 in 2Q 2023). Revenue: ₹654.1m (down 4.2% from 2Q 2023). Net income: ₹13.1m (down 76% from 2Q 2023). Profit margin: 2.0% (down from 7.9% in 2Q 2023). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • Nov 01
Samkrg Pistons and Rings Limited to Report Q2, 2024 Results on Nov 10, 2023 Samkrg Pistons and Rings Limited announced that they will report Q2, 2024 results on Nov 10, 2023 Announcement • Oct 01
Samkrg Pistons and Rings Limited Approves Dividend for the Year Ended March 31, 2023 Samkrg Pistons and Rings Limited announced that at its AGM held on September 30, 2023, approved divided on equity shares for the financial year 2022-23 of INR 2.50 per equity share of face value of INR 10 each for the year ended March 31, 2023. Upcoming Dividend • Sep 14
Upcoming dividend of ₹2.50 per share at 1.7% yield Eligible shareholders must have bought the stock before 21 September 2023. Payment date: 28 October 2023. Payout ratio is a comfortable 17% but the company is paying out more than the cash it is generating. Trailing yield: 1.7%. Within top quartile of Indian dividend payers (1.3%). Higher than average of industry peers (0.8%). Announcement • Aug 10
Samkrg Pistons and Rings Limited, Annual General Meeting, Sep 28, 2023 Samkrg Pistons and Rings Limited, Annual General Meeting, Sep 28, 2023, at 11:00 Indian Standard Time. Reported Earnings • Aug 10
First quarter 2024 earnings released: EPS: ₹1.15 (vs ₹3.08 in 1Q 2023) First quarter 2024 results: EPS: ₹1.15 (down from ₹3.08 in 1Q 2023). Revenue: ₹546.8m (down 7.0% from 1Q 2023). Net income: ₹11.3m (down 63% from 1Q 2023). Profit margin: 2.1% (down from 5.1% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jun 30
Samkrg Pistons and Rings Limited Approves Resignation of K Chaitanya Abhishekh as Non-Executive Independent Director Samkrg Pistons and Rings Limited at its board meeting held on June 30, 2023 approved the resignation of SHRI K CHAITANYA ABHISHEKH as Non-Executive Independent Director, effect from June 17, 2023. Reported Earnings • Jun 01
Full year 2023 earnings released: EPS: ₹14.95 (vs ₹14.13 in FY 2022) Full year 2023 results: EPS: ₹14.95 (up from ₹14.13 in FY 2022). Revenue: ₹2.38b (up 1.0% from FY 2022). Net income: ₹146.8m (up 5.8% from FY 2022). Profit margin: 6.2% (up from 5.9% in FY 2022). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 23
Samkrg Pistons and Rings Limited to Report Q4, 2023 Results on May 30, 2023 Samkrg Pistons and Rings Limited announced that they will report Q4, 2023 results on May 30, 2023 Reported Earnings • Feb 09
Third quarter 2023 earnings released: EPS: ₹3.79 (vs ₹4.45 in 3Q 2022) Third quarter 2023 results: EPS: ₹3.79 (down from ₹4.45 in 3Q 2022). Revenue: ₹565.1m (down 5.3% from 3Q 2022). Net income: ₹37.2m (down 15% from 3Q 2022). Profit margin: 6.6% (down from 7.3% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 5% per year. Announcement • Feb 09
Samkrg Pistons and Rings Limited Announces Board Changes Samkrg Pistons and Rings Limited announced that the Board has considered and approved the resignation of Mr. M.N.Thakkar, Independent Director and Shri Madhava Rao, Executive Director of the company. Further, Mr. M.N Thakkar has resigned due to his personal reasons and accordingly he has relieved from his duties with effect from 10th November, 2022 and Mr. Madhava Rao has resigned due to his personal reasons and accordingly he has relieved from his duties with effect from February 8, 2023. Announcement • Jan 27
Samkrg Pistons and Rings Limited to Report Q3, 2023 Results on Feb 08, 2023 Samkrg Pistons and Rings Limited announced that they will report Q3, 2023 results on Feb 08, 2023 Valuation Update With 7 Day Price Move • Nov 28
Investor sentiment improved over the past week After last week's 17% share price gain to ₹163, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 23x in the Auto Components industry in India. Total returns to shareholders of 59% over the past three years. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Pinninti Raghu Swamy was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Nov 13
Samkrg Pistons and Rings Limited Announces Resignation of Mahendra Naranji Thakkar as Non Executive Independent Director of the Company Samkrg Pistons and Rings Limited announced that Mr. Mahendra Naranji Thakkar tendered his resignation as Non executive Independent Director of the Company with effect from November 10, 2022. Reported Earnings • Nov 11
Second quarter 2023 earnings released: EPS: ₹5.52 (vs ₹7.07 in 2Q 2022) Second quarter 2023 results: EPS: ₹5.52 (down from ₹7.07 in 2Q 2022). Revenue: ₹682.4m (down 5.7% from 2Q 2022). Net income: ₹54.2m (down 22% from 2Q 2022). Profit margin: 7.9% (down from 9.6% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Announcement • Sep 30
Samkrg Pistons and Rings Limited Declares Dividend for the Financial Year 2021-22 Samkrg Pistons and Rings Limited, at its AGM, held on September 28, 2022, declared dividend on Equity shares for the Financial Year 2021-22 of INR 2.50 per Equity share (25%) of face value of INR 10/- each for the year ended March 31, 2022. Upcoming Dividend • Sep 13
Upcoming dividend of ₹2.50 per share Eligible shareholders must have bought the stock before 20 September 2022. Payment date: 28 October 2022. Payout ratio is a comfortable 14% but the company is not cash flow positive. Trailing yield: 1.6%. Within top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (0.6%). Announcement • Aug 24
Samkrg Pistons and Rings Limited Proposes Dividend for the Financial Year 2021-22 Samkrg Pistons and Rings Limited proposed to declare dividend on equity shares for the financial year 2021-22. of INR 2.50 per equity share (25%) of face value of INR10 each for the year ended March 31, 2022. The Dividend, if approved by the shareholders at upcoming annual general meeting to be held on September 28, 2022, shall be paid to the shareholders whose names appears in the register of members as on cut-off date (record date) of September 21, 2022. Announcement • Jul 22
Samkrg Pistons and Rings Limited, Annual General Meeting, Sep 28, 2022 Samkrg Pistons and Rings Limited, Annual General Meeting, Sep 28, 2022, at 11:00 Indian Standard Time. Reported Earnings • Jul 22
First quarter 2023 earnings released: EPS: ₹3.08 (vs ₹1.04 loss in 1Q 2022) First quarter 2023 results: EPS: ₹3.08 (up from ₹1.04 loss in 1Q 2022). Revenue: ₹587.8m (up 11% from 1Q 2022). Net income: ₹30.3m (up ₹40.4m from 1Q 2022). Profit margin: 5.1% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Announcement • Jul 13
Samkrg Pistons and Rings Limited to Report Q1, 2023 Results on Jul 21, 2022 Samkrg Pistons and Rings Limited announced that they will report Q1, 2023 results on Jul 21, 2022 Reported Earnings • May 30
Full year 2022 earnings released: EPS: ₹14.13 (vs ₹17.64 in FY 2021) Full year 2022 results: EPS: ₹14.13 (down from ₹17.64 in FY 2021). Revenue: ₹2.38b (up 7.1% from FY 2021). Net income: ₹138.8m (down 20% from FY 2021). Profit margin: 5.8% (down from 7.8% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 4% per year. Announcement • May 28
Samkrg Pistons and Rings Limited Recommends Final Dividend for the Financial Year 2022 Samkrg Pistons and Rings Limited at its Board of Directors at the meeting held on 27 May, 2022, recommended final dividend INR 2.50 per Equity Share for the financial year 2021-22 subject to the approval of Shareholders at upcoming 36th Annual General Meeting. Announcement • May 19
Samkrg Pistons and Rings Limited to Report Q4, 2022 Results on May 27, 2022 Samkrg Pistons and Rings Limited announced that they will report Q4, 2022 results on May 27, 2022 Reported Earnings • Feb 09
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹4.45 (down from ₹7.60 in 3Q 2021). Revenue: ₹596.8m (down 23% from 3Q 2021). Net income: ₹43.7m (down 42% from 3Q 2021). Profit margin: 7.3% (down from 9.6% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Feb 08
Samkrg Pistons and Rings Limited Announces Executive Changes Samkrg Pistons and Rings Limited at its Board of Directors held on February 7, 2022 the Board has considered and approved resignation of Mr. Dinker Mishra, Company Secretary and Compliance Officer of the company. Further, Mr. Dinker Mishra has resigned due to his personal reasons and accordingly he will be relieved from his duties with effect from 10 February, 2022. Board has considered and approved the appointment of Mrs. Surabhi R Jain as Company Secretary and Compliance Officer of the company. Mrs. Surabhi R Jain will take charge as Company Secretary and Compliance Officer with effect from 10 February, 2022. Announcement • Jan 28
Samkrg Pistons and Rings Limited to Report Q3, 2022 Results on Feb 07, 2022 Samkrg Pistons and Rings Limited announced that they will report Q3, 2022 results on Feb 07, 2022 Reported Earnings • Nov 06
Second quarter 2022 earnings released: EPS ₹7.07 (vs ₹6.25 in 2Q 2021) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2022 results: Revenue: ₹723.6m (up 15% from 2Q 2021). Net income: ₹69.5m (up 13% from 2Q 2021). Profit margin: 9.6% (in line with 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 8% per year. Upcoming Dividend • Sep 13
Upcoming dividend of ₹5.00 per share Eligible shareholders must have bought the stock before 20 September 2021. Payment date: 28 October 2021. Trailing yield: 2.7%. Within top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (0.6%). Reported Earnings • Aug 05
First quarter 2022 earnings released: ₹1.04 loss per share (vs ₹3.23 loss in 1Q 2021) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: ₹529.1m (up 279% from 1Q 2021). Net loss: ₹10.2m (loss narrowed 68% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 10% per year. Valuation Update With 7 Day Price Move • Aug 03
Investor sentiment improved over the past week After last week's 16% share price gain to ₹244, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 31x in the Auto Components industry in India. Total returns to shareholders of 7.7% over the past three years. Reported Earnings • Jun 23
Full year 2021 earnings released: EPS ₹17.64 (vs ₹19.96 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹2.27b (down 2.3% from FY 2020). Net income: ₹173.2m (down 12% from FY 2020). Profit margin: 7.6% (down from 8.4% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Mar 02
New 90-day high: ₹163 The company is up 29% from its price of ₹126 on 02 December 2020. The Indian market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 23% over the same period. Reported Earnings • Jan 28
Third quarter 2021 earnings released: EPS ₹7.60 (vs ₹6.23 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: ₹777.6m (up 30% from 3Q 2020). Net income: ₹74.6m (up 22% from 3Q 2020). Profit margin: 9.6% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Jan 27
New 90-day high: ₹154 The company is up 35% from its price of ₹114 on 29 October 2020. The Indian market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 34% over the same period. Is New 90 Day High Low • Jan 08
New 90-day high: ₹137 The company is up 23% from its price of ₹111 on 09 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Auto Components industry, which is up 26% over the same period. Is New 90 Day High Low • Dec 23
New 90-day high: ₹131 The company is up 24% from its price of ₹105 on 24 September 2020. The Indian market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 20% over the same period. Is New 90 Day High Low • Dec 07
New 90-day high: ₹129 The company is up 3.0% from its price of ₹125 on 08 September 2020. The Indian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 21% over the same period. Reported Earnings • Oct 26
First half earnings released Over the last 12 months the company has reported total profits of ₹118.5m, down 40% from the prior year. Total revenue was ₹1.86b over the last 12 months, down 28% from the prior year. Valuation Update With 7 Day Price Move • Oct 22
Market bids up stock over the past week After last week's 21% share price gain to ₹124, the stock is trading at a trailing P/E ratio of 10.2x, up from the previous P/E ratio of 8.5x. This compares to an average P/E of 33x in the Auto Components industry in India. Total return to shareholders over the past three years is a loss of 58%. Is New 90 Day High Low • Oct 15
New 90-day low: ₹102 The company is down 14% from its price of ₹119 on 17 July 2020. The Indian market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 8.0% over the same period. Announcement • Jun 16
Samkrg Pistons and Rings Limited to Report Q4, 2020 Results on Jun 24, 2020 Samkrg Pistons and Rings Limited announced that they will report Q4, 2020 results on Jun 24, 2020