SPR Auto Technologies Limited
BSE: 544344 | NSE: SHRIPISTON
Sector: Automobile | Industry: Auto Component
ABOUT COMPANY
SPR Auto Technologies Limited (hereinafter as “SPRL“ or “The Company”), earlier known as Shriram Pistons & Rings Limited, was incorporated in 1963. The promoters of the company are Mr. Luv Deepak Shriram and Ms. Meenakshi Dass, related as brother and sister.
SPRL manufactures Pistons, Piston Pins, Piston Rings, Engine Valves, Cylinder Liners, Electric Motor & Motor Controllers, Precision Injection Moulded Parts etc. The company caters to different types of customers which can be categorized into four primary groups such as Domestic OEMs, Domestic Aftermarket, International OEMs and International Aftermarket. The company’s products are served to aftermarket under the brand name of SPR and USHA.
Earning Calls Summary
Q1 Revenue Surges 51%; EBITDA Up 27% on Diversified Portfolio
Management opened noting the company commenced FY27 on a very strong note, delivering 51% consolidated total income growth despite a challenging industry backdrop of elevated commodity prices, supply chain disruptions, and geopolitical tensions. Post GST 2.0 reforms, phenomenal growth is being seen in two-wheeler and passenger car markets.
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