{"id":179311,"date":"2026-02-03T06:19:10","date_gmt":"2026-02-03T11:19:10","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=179311"},"modified":"2026-02-03T06:19:13","modified_gmt":"2026-02-03T11:19:13","slug":"shriram-pistons-rings-q3-fy26-earnings-results","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/shriram-pistons-rings-q3-fy26-earnings-results\/","title":{"rendered":"Shriram Pistons &amp; Rings Q3 FY26 Earnings Results"},"content":{"rendered":"\n<p>Shriram Pistons &amp; Rings Ltd is primarily engaged in the manufacturing of pistons, piston pins, piston rings and engine valves for various automotive companies in the domestic and export markets.<\/p>\n\n\n\n<div style=\"height:36px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Q3 FY26 Earnings Results<\/strong><\/h2>\n\n\n\n<p>Shriram Pistons delivered record Q3 performance with strong revenue growth despite exceptional charges. Broad-based demand and operational efficiency drove results.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Revenue from Operations: Consolidated \u20b91,023 cr (+20.7% YoY vs \u20b9848 cr), total income \u20b91,056 cr (+20.7% YoY); standalone \u20b9865 cr (+12.4% YoY vs \u20b9770 cr).<\/li>\n\n\n\n<li>EBITDA: \u20b9194 cr (+22.3% YoY vs \u20b9159 cr ex-exceptional), margin resilient.<\/li>\n\n\n\n<li>PAT: Consolidated \u20b9123 cr (+2.7% YoY vs \u20b9120 cr, \u221212% QoQ), impacted by \u20b925 cr exceptional loss (Labour Codes); EBITDA\/PAT ex-exceptional strong.<\/li>\n\n\n\n<li>Other key metrics: 9M trends positive; Grupo Antolin India acquisition completed (\u20ac159 mn for interiors\/lighting); order book robust.<\/li>\n<\/ul>\n\n\n\n<div style=\"height:32px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Management Commentary &amp; Strategic Decisions<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Record quarterly revenue <a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/89cc8cdd-8f70-488a-b634-d9fb8c072376.pdf\" target=\"_blank\" rel=\"noopener\">reflects market share gains<\/a> across pistons\/rings; strategic diversification via Antolin acquisition.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Strategic moves: \u20b95\/share interim dividend; name change to SPR Auto Technologies proposed; \u20b91,000 cr NCD issuance approved.<\/li>\n<\/ul>\n\n\n\n<div style=\"height:33px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Q2 FY26 Earnings Results<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Revenue from Operations: \u20b91,017 cr (+16% YoY vs \u20b9877 cr, +5.5% QoQ); operating profit \u20b9207 cr (20.4% margin).<\/li>\n\n\n\n<li>PAT: \u20b9140 cr (+12% YoY), ROCE 33.5%, ROE 20.5%.<\/li>\n\n\n\n<li>Key metrics: Net cash position; consistent 20%+ margins.<\/li>\n<\/ul>\n\n\n\n<div style=\"height:35px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Management Commentary Q2<\/strong><\/h2>\n\n\n\n<p>Strong execution amid industry headwinds; technical partnerships driving growth.<\/p>\n\n\n\n<p>To view the company\u2019s previous earnings and latest concall transcripts,&nbsp;<a href=\"https:\/\/alphastreet.com\/india\/\">click here<\/a>&nbsp; to visit the Alphastreet India news channel.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shriram Pistons &amp; Rings Ltd is primarily engaged in the manufacturing of pistons, piston pins, piston rings and engine valves for various automotive companies in the domestic and export markets. Q3 FY26 Earnings Results Shriram Pistons delivered record Q3 performance with strong revenue growth despite exceptional charges. Broad-based demand and operational efficiency drove results. Management [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,5753],"tags":[13480],"class_list":["post-179311","post","type-post","status-publish","format-standard","hentry","category-infographics","category-industrials","tag-pistons"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":150410,"url":"https:\/\/alphastreet.com\/india\/shriram-pistons-84-rise-in-profits\/","url_meta":{"origin":179311,"position":0},"title":"Shriram Pistons &#038; Rings Ltd Q1FY24; 84% rise in Profits","author":"Chirag Gupta","date":"July 28, 2023","format":false,"excerpt":"Shriram Pistons & Rings Ltd is primarily engaged in the manufacturing of pistons, piston pins, piston rings and engine valves for various automotive companies in the domestic and export markets. 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