SPR Auto Technologies Limited

NSEI:SHRIPISTON Stock Report

Market Cap: ₹183.2b

SPR Auto Technologies Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Krishnakumar Srinivasan

Chief executive officer

₹138.7m

Total compensation

CEO salary percentage8.22%
CEO tenure5.3yrs
CEO ownershipn/a
Management average tenure6.9yrs
Board average tenure6.4yrs

Recent management updates

Recent updates

Narrative Update Jun 09

SHRIPISTON: Upcoming Results And Dividend Decision Will Drive Re Rating Potential

Analysts have kept the price target for SPR Auto Technologies steady at ₹4,850, citing largely unchanged assumptions around revenue growth, profit margin, discount rate and forward P/E in their updated models. What's in the News A board meeting is scheduled for May 11, 2026, at 16:05 IST to consider and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, along with the auditor's report.
Narrative Update May 26

SHRIPISTON: Upcoming Results And Dividend Decision Will Support Future Re Rating Potential

Analysts have kept the price target for SPR Auto Technologies steady at ₹4,850. This reflects updated views on a slightly higher discount rate, more moderate revenue growth, a marginally stronger profit margin and a modestly lower future P/E assumption.
Narrative Update May 02

SHRIPISTON: Governance Overhaul And New Charter Will Support Future Re Rating Potential

SPR Auto Technologies' analyst price target stays at ₹4,850, with analysts pointing to only minor tweaks in discount rate, revenue growth, profit margin and future P/E assumptions that do not materially shift their valuation view. What's in the News Shareholders approved changing the company name from Shriram Pistons & Rings Limited to SPR Auto Technologies Limited at a special meeting held on March 12, 2026, conducted via postal ballot in India (Key Developments).
Narrative Update Apr 18

SHRIPISTON: Governance Overhaul Will Support Future Re Rating Potential

Analysts have raised the price target on SPR Auto Technologies from ₹4,650 to ₹4,850, citing updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E as drivers of the revised view. What's in the News Company name to change from Shriram Pistons & Rings Limited to SPR Auto Technologies Limited, effective April 2, 2026, following regulatory filings (Name Changes).
Narrative Update Apr 03

SHRIPISTON: Governance Overhaul And Name Change Will Drive Future Upside

Analysts are keeping their price target on Shriram Pistons & Rings broadly unchanged at around ₹4,650, citing only marginal tweaks to assumptions such as the discount rate, revenue growth, profit margin and future P/E multiple. What's in the News Change of corporate name from Shriram Pistons & Rings Limited to SPR Auto Technologies Limited, effective February 2, 2026, signalling a wider auto technology positioning (company filing).
Narrative Update Mar 20

SHRIPISTON: Governance Overhaul And Name Change Will Support Future Upside

Analysts have kept the fair value estimate for Shriram Pistons & Rings steady at ₹4,650, reflecting broadly unchanged assumptions on revenue growth, profit margin, discount rate and future P/E. What's in the News On February 2, 2026, Shriram Pistons & Rings Limited changed its name to SPR Auto Technologies Limited, reflecting an updated corporate identity (company filing).
Narrative Update Mar 05

SHRIPISTON: Planned Debenture Issue And Governance Overhaul Will Support Future Upside

Analysts have kept their price target for Shriram Pistons & Rings steady at ₹4,650, citing only minor tweaks to inputs such as discount rate, long term revenue growth, profit margin and future P/E assumptions that do not materially alter their valuation view. What's in the News The board met on February 2, 2026, to review unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, and to consider an interim dividend for FY 2025-26, along with fixing the record date if approved (Key Developments).
Narrative Update Feb 19

SHRIPISTON: Upcoming Board Actions And Capital Raise Will Support Further Share Price Upside

Analysts have kept their fair value estimate for Shriram Pistons & Rings steady at ₹4,650, while slightly adjusting assumptions such as the discount rate and future P/E to reflect updated views on risk and earnings quality. What's in the News Board meeting on February 2, 2026 to review unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, consider an interim dividend for FY 2025-26 and fix the record date, and evaluate raising up to ₹1,000 Crore through secured NCDs on a private placement basis, along with other routine matters (company filing).
Analysis Article Feb 05

Shriram Pistons & Rings (NSE:SHRIPISTON) Has Affirmed Its Dividend Of ₹5.00

Shriram Pistons & Rings Limited's ( NSE:SHRIPISTON ) investors are due to receive a payment of ₹5.00 per share on 3rd...
Narrative Update Feb 05

SHRIPISTON: Upcoming Results And Capital Raise Will Support Further Share Price Upside

Analysts have kept their fair value estimate for Shriram Pistons & Rings steady at ₹4,650, citing only small tweaks to the discount rate, revenue growth outlook, profit margin assumptions, and future P/E expectations rather than any major change in their core thesis. What's in the News Board meeting scheduled for Feb 02, 2026 at 16:15 IST to consider unaudited standalone and consolidated financial results for the quarter and nine months ended Dec 31, 2025, along with the limited review report (company filing).
Analysis Article Jan 22

Is Shriram Pistons & Rings (NSE:SHRIPISTON) A Risky Investment?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Narrative Update Jan 20

SHRIPISTON: Steady Assumptions And Upcoming Results Will Support Further Share Price Upside

Analysts have maintained their fair value estimate for Shriram Pistons & Rings at ₹4,650, making only minor adjustments to inputs such as the discount rate, revenue growth, profit margin and future P/E assumptions. This reflects a largely unchanged view of the stock's risk and earnings profile.
Narrative Update Jan 06

SHRIPISTON: Stable Assumptions And Upcoming Results Will Support Continued Share Price Upside

Analysts have kept their fair value estimate for Shriram Pistons & Rings steady at ₹4,650. Only small tweaks to discount rate, revenue growth, profit margin and future P/E assumptions informed this unchanged price target.
Analysis Article Dec 25

With EPS Growth And More, Shriram Pistons & Rings (NSE:SHRIPISTON) Makes An Interesting Case

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Narrative Update Dec 22

SHRIPISTON: Upcoming Results Review Will Support Continued Share Price Upside

Analysts have maintained their Shriram Pistons & Rings price target at ₹4,650, citing largely unchanged assumptions for revenue growth, profit margins and valuation multiples, with only marginal tweaks to the discount rate and future P/E that do not alter their fair value outlook. What's in the News The board has scheduled a meeting for November 4, 2025, to review and approve unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025 (company filing).
Narrative Update Dec 08

SHRIPISTON: Faster Revenue Expansion Will Drive Future Share Price Upside

Analysts have raised their price target on Shriram Pistons & Rings from ₹3,400 to ₹4,650, citing expectations of significantly faster revenue growth and a higher future valuation multiple, partially offset by lower projected profit margins. What's in the News The board of directors is scheduled to meet on November 4, 2025, to review and approve unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025 (company filing).
Analysis Article Dec 06

There's No Escaping Shriram Pistons & Rings Limited's (NSE:SHRIPISTON) Muted Earnings

With a price-to-earnings (or "P/E") ratio of 23.1x Shriram Pistons & Rings Limited ( NSE:SHRIPISTON ) may be sending...
Narrative Update Nov 24

SHRIPISTON: Rising Margins And Improved Outlook Will Drive Share Price Upside

Narrative Update on Shriram Pistons & Rings: Analyst Price Target Revision Analysts have raised their fair value estimate for Shriram Pistons & Rings from ₹3,050 to ₹3,400. This revision is based on higher expected revenue growth and profit margins supported by recent financial performance.
Analysis Article Nov 03

Shriram Pistons & Rings (NSE:SHRIPISTON) Is Investing Its Capital With Increasing Efficiency

There are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...
Narrative Update Sep 05

Diversifying Into Marine, Defense And EV Segments Will Drive Success

With no substantial changes in either the discount rate or future P/E, analysts have maintained their fair value estimate for Shriram Pistons & Rings at ₹3050. What's in the News Shriram Pistons & Rings is actively seeking strategic partnerships and M&A opportunities to enhance capabilities, expand its product portfolio, and drive business growth, with an ongoing focus on sustainability and reducing its carbon footprint.
Analysis Article Sep 01

Is Shriram Pistons & Rings (NSE:SHRIPISTON) A Risky Investment?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Aug 20

When Should You Buy Shriram Pistons & Rings Limited (NSE:SHRIPISTON)?

NSEI:SHRIPISTON 1 Year Share Price vs Fair Value Explore Shriram Pistons & Rings's Fair Values from the Community and...
Analysis Article Jul 15

Shriram Pistons & Rings (NSE:SHRIPISTON) Is Due To Pay A Dividend Of ₹5.00

The board of Shriram Pistons & Rings Limited ( NSE:SHRIPISTON ) has announced that it will pay a dividend on the 31st...
Analysis Article Jul 01

Shriram Pistons & Rings (NSE:SHRIPISTON) Is Paying Out A Dividend Of ₹5.00

Shriram Pistons & Rings Limited's ( NSE:SHRIPISTON ) investors are due to receive a payment of ₹5.00 per share on 31st...
Analysis Article May 25

Shriram Pistons & Rings (NSE:SHRIPISTON) Has Affirmed Its Dividend Of ₹5.00

Shriram Pistons & Rings Limited ( NSE:SHRIPISTON ) has announced that it will pay a dividend of ₹5.00 per share on the...
Analysis Article May 11

Shriram Pistons & Rings (NSE:SHRIPISTON) Is Due To Pay A Dividend Of ₹5.00

The board of Shriram Pistons & Rings Limited ( NSE:SHRIPISTON ) has announced that it will pay a dividend on the 31st...
Analysis Article May 10

Shriram Pistons & Rings Limited (NSE:SHRIPISTON) Soars 28% But It's A Story Of Risk Vs Reward

Shriram Pistons & Rings Limited ( NSE:SHRIPISTON ) shareholders would be excited to see that the share price has had a...
Analysis Article May 01

What Is Shriram Pistons & Rings Limited's (NSE:SHRIPISTON) Share Price Doing?

While Shriram Pistons & Rings Limited ( NSE:SHRIPISTON ) might not have the largest market cap around , it saw...
Analysis Article Mar 12

Shriram Pistons & Rings (NSE:SHRIPISTON) Seems To Use Debt Rather Sparingly

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
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New Narrative Feb 08

Acquisition Of TGPEL Precision Engineering And EV Investments Will Drive Future Market Expansion

Strategic acquisitions and expansion in high-tech and EV sectors are positioned to drive revenue growth and operational scaling.
Analysis Article Feb 06

Shriram Pistons & Rings Limited (NSE:SHRIPISTON) Analysts Are Pretty Bullish On The Stock After Recent Results

Last week saw the newest quarterly earnings release from Shriram Pistons & Rings Limited ( NSE:SHRIPISTON ), an...
Analysis Article Feb 01

Shriram Pistons & Rings Limited (NSE:SHRIPISTON) Looks Inexpensive But Perhaps Not Attractive Enough

When close to half the companies in India have price-to-earnings ratios (or "P/E's") above 30x, you may consider...
Analysis Article Jan 18

Here's Why Shriram Pistons & Rings (NSE:SHRIPISTON) Has Caught The Eye Of Investors

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Jan 07

Shriram Pistons & Rings (NSE:SHRIPISTON) Is Investing Its Capital With Increasing Efficiency

There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...
Analysis Article Dec 11

Is Shriram Pistons & Rings Limited (NSE:SHRIPISTON) Worth ₹2.2k Based On Its Intrinsic Value?

Key Insights The projected fair value for Shriram Pistons & Rings is ₹1,687 based on 2 Stage Free Cash Flow to Equity...
Analysis Article Oct 31

Shriram Pistons & Rings Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

As you might know, Shriram Pistons & Rings Limited ( NSE:SHRIPISTON ) just kicked off its latest first-quarter results...
Analysis Article Oct 29

Should You Investigate Shriram Pistons & Rings Limited (NSE:SHRIPISTON) At ₹1,931?

While Shriram Pistons & Rings Limited ( NSE:SHRIPISTON ) might not have the largest market cap around , it received a...
Analysis Article Oct 17

Shriram Pistons & Rings Limited's (NSE:SHRIPISTON) Business And Shares Still Trailing The Market

With a price-to-earnings (or "P/E") ratio of 21.9x Shriram Pistons & Rings Limited ( NSE:SHRIPISTON ) may be sending...
Analysis Article Oct 04

Here's Why Shriram Pistons & Rings (NSE:SHRIPISTON) Has Caught The Eye Of Investors

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Sep 11

Investors Shouldn't Overlook Shriram Pistons & Rings' (NSE:SHRIPISTON) Impressive Returns On Capital

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...
Analysis Article Aug 14

Does This Valuation Of Shriram Pistons & Rings Limited (NSE:SHRIPISTON) Imply Investors Are Overpaying?

Key Insights Shriram Pistons & Rings' estimated fair value is ₹1,506 based on 2 Stage Free Cash Flow to Equity Shriram...
Analysis Article Jul 13

Shriram Pistons & Rings Limited's (NSE:SHRIPISTON) Business And Shares Still Trailing The Market

With a price-to-earnings (or "P/E") ratio of 18.7x Shriram Pistons & Rings Limited ( NSE:SHRIPISTON ) may be sending...
Analysis Article May 26

With EPS Growth And More, Shriram Pistons & Rings (NSE:SHRIPISTON) Makes An Interesting Case

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Apr 09

There's No Escaping Shriram Pistons & Rings Limited's (NSE:SHRIPISTON) Muted Earnings Despite A 29% Share Price Rise

Despite an already strong run, Shriram Pistons & Rings Limited ( NSE:SHRIPISTON ) shares have been powering on, with a...
Analysis Article Mar 27

Shriram Pistons & Rings (NSE:SHRIPISTON) Has A Rock Solid Balance Sheet

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Dec 28

A Piece Of The Puzzle Missing From Shriram Pistons & Rings Limited's (NSE:SHRIPISTON) 28% Share Price Climb

Despite an already strong run, Shriram Pistons & Rings Limited ( NSE:SHRIPISTON ) shares have been powering on, with a...
Analysis Article Dec 21

Is Now The Time To Put Shriram Pistons & Rings (NSE:SHRIPISTON) On Your Watchlist?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Nov 14

Investors Should Be Encouraged By Shriram Pistons & Rings' (NSE:SHRIPISTON) Returns On Capital

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

CEO Compensation Analysis

How has Krishnakumar Srinivasan's remuneration changed compared to SPR Auto Technologies's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026₹139m₹11m

₹6b

Dec 31 2025n/an/a

₹5b

Sep 30 2025n/an/a

₹5b

Jun 30 2025n/an/a

₹5b

Mar 31 2025₹106m₹11m

₹5b

Dec 31 2024n/an/a

₹5b

Sep 30 2024n/an/a

₹5b

Jun 30 2024n/an/a

₹5b

Mar 31 2024₹89m₹11m

₹4b

Dec 31 2023n/an/a

₹4b

Sep 30 2023n/an/a

₹4b

Jun 30 2023n/an/a

₹3b

Mar 31 2023₹69m₹11m

₹3b

Dec 31 2022n/an/a

₹3b

Sep 30 2022n/an/a

₹2b

Jun 30 2022n/an/a

₹2b

Mar 31 2022₹50m₹10m

₹2b

Dec 31 2021n/an/a

₹2b

Sep 30 2021n/an/a

₹2b

Jun 30 2021n/an/a

₹2b

Mar 31 2021₹40m₹10m

₹888m

Dec 31 2020n/an/a

₹486m

Sep 30 2020n/an/a

₹110m

Jun 30 2020n/an/a

₹85m

Mar 31 2020₹14m₹1m

₹730m

Compensation vs Market: Krishnakumar's total compensation ($USD1.45M) is above average for companies of similar size in the Indian market ($USD496.84K).

Compensation vs Earnings: Krishnakumar's compensation has increased by more than 20% in the past year.


CEO

Krishnakumar Srinivasan (59 yo)

5.3yrs
Tenure
₹138,660,000
Compensation

Mr. Krishnakumar Srinivasan is Managing Director at SPR Auto Technologies Limited (formerly known as Shriram Pistons & Rings Limited) and serves as its Director since February 11, 2020. He serves as Chief...


Leadership Team

NamePositionTenureCompensationOwnership
Krishnakumar Srinivasan
MD, CEO & Director5.3yrs₹138.66mno data
Luv Shriram
Whole-Time Director17.3yrs₹77.36m0.029%
₹ 52.6m
Prem Rathi
CFO & Executive Director5.5yrs₹25.75mno data
Sandeep Agrawal
Executive Director & Chief Marketing Officerno data₹30.64mno data
Poonam Bharti
Executive Director & Chief HR Officer8.3yrs₹29.22mno data
Prashant Khairnar
Chief Digital Officer & Deputy Executive Directorno datano datano data
Pankaj Jain
Chief of Quality Controlno datano datano data
Arun Shukla
Executive Director of Projectsno data₹26.06mno data
Ashok Sinha
Deputy Executive Directorno data₹15.73mno data
Dharmendra Singh
Deputy Executive Directorno data₹14.66mno data
6.9yrs
Average Tenure
56.5yo
Average Age

Experienced Management: SHRIPISTON's management team is seasoned and experienced (6.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Krishnakumar Srinivasan
MD, CEO & Director6.4yrs₹138.66mno data
Luv Shriram
Whole-Time Director17.3yrs₹77.36m0.029%
₹ 52.6m
Hari Bhartia
Non Executive Independent Director17.5yrs₹1.10mno data
Pradeep Dinodia
Chairman23.2yrs₹47.93mno data
Tina Trikha
Non-Executive Independent Director2.2yrs₹6.70mno data
Yasunori Maekawa
Non-Executive Non-Independent Director2.2yrs₹1.20mno data
Meenakshi Dass
Non-Executive Director17.3yrs₹5.90m31.07%
₹ 56.9b
Ferida Chopra
Non-Executive Independent Director7.3yrs₹6.40mno data
Klaus Semke
Non-Executive Non-Independent Director3.2yrs₹4.40mno data
Shigeto Muno
Alternate Director2.1yrs₹1.40mno data
Akihiro Ozaki
Non-Executive Independent Director1.1yrs₹1.40mno data
6.4yrs
Average Tenure
62yo
Average Age

Experienced Board: SHRIPISTON's board of directors are considered experienced (6.4 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/27 15:17
End of Day Share Price 2026/07/27 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

SPR Auto Technologies Limited is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mukesh SarafAvendus Spark
Chirag JainEmkay Global Financial Services Ltd.