Shriram Pistons & Rings Reports Strong Q1 FY26 Performance

05 Aug 2025 CW Team

The company reported a 14.9 per cent year-on-year growth in consolidated total income and a 16.5 per cent rise in consolidated EBITDA for the quarter. This performance highlights SPRL’s continued leadership in the industry and its ability to deliver consistent results despite macroeconomic challenges.

Commenting on the performance, Krishnakumar Srinivasan, Managing Director & CEO of SPRL, said:

“I am proud to report that our company has begun this financial year on a strong note. Our leadership position, deep customer relationships, and strategic focus have enabled us to outperform the industry, even in a tough environment.”

He noted that the automotive sector faced headwinds in Q1, with the two-wheeler segment seeing a 6 per cent decline in sales volume, while other segments remained flat. However, export growth across all categories was a positive highlight.

“Our focus on efficiency and operational excellence has been instrumental in maintaining healthy margins. We continue to streamline processes and adopt innovative practices that not only boost profitability but also help maintain the high product quality our customers expect,” Srinivasan added.

The company’s diversification into high-precision injection moulding and electric motors and controllers has also supported growth momentum. Synergies within the group, especially between SPR Takahata and SPR TGPEL, are further contributing to the company’s upward trajectory.

Looking ahead, SPRL is placing significant emphasis on research and development to drive innovation in future mobility components. “Technology and R&D remain the backbone of our business, and we are investing to ensure we remain at the forefront of emerging mobility solutions,” Srinivasan concluded.

Shriram Pistons & Rings (SPRL), one of India’s leading manufacturers of pistons, piston pins, piston rings, and engine valves, has announced its financial results for the quarter ended 30th June 2025 (Q1 FY26), registering a solid start to the financial year.The company reported a 14.9 per cent year-on-year growth in consolidated total income and a 16.5 per cent rise in consolidated EBITDA for the quarter. This performance highlights SPRL’s continued leadership in the industry and its ability to deliver consistent results despite macroeconomic challenges.Commenting on the performance, Krishnakumar Srinivasan, Managing Director & CEO of SPRL, said:“I am proud to report that our company has begun this financial year on a strong note. Our leadership position, deep customer relationships, and strategic focus have enabled us to outperform the industry, even in a tough environment.”He noted that the automotive sector faced headwinds in Q1, with the two-wheeler segment seeing a 6 per cent decline in sales volume, while other segments remained flat. However, export growth across all categories was a positive highlight.“Our focus on efficiency and operational excellence has been instrumental in maintaining healthy margins. We continue to streamline processes and adopt innovative practices that not only boost profitability but also help maintain the high product quality our customers expect,” Srinivasan added.The company’s diversification into high-precision injection moulding and electric motors and controllers has also supported growth momentum. Synergies within the group, especially between SPR Takahata and SPR TGPEL, are further contributing to the company’s upward trajectory.Looking ahead, SPRL is placing significant emphasis on research and development to drive innovation in future mobility components. “Technology and R&D remain the backbone of our business, and we are investing to ensure we remain at the forefront of emerging mobility solutions,” Srinivasan concluded.

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