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Last Updated: February 17, 2026, 6:50 pm
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: | NSE:

Shriram Pistons & Rings Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: February 17, 2026, 6:50 pm

Market Cap 13,473 Cr.
Current Price 3,060
Intrinsic Value₹3,398.41
High / Low 3,416/1,556
Stock P/E24.0
Book Value 599
Dividend Yield0.33 %
ROCE25.7 %
ROE23.2 %
Face Value 10.0
PEG Ratio0.89

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Shriram Pistons & Rings Ltd

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
IP Rings Ltd 144 Cr. 114 185/93.0155 80.20.00 %3.08 %4.14 % 10.0
Talbros Automotive Components Ltd 1,752 Cr. 284 326/20017.7 1100.25 %19.3 %15.9 % 2.00
Sundram Fasteners Ltd 19,408 Cr. 924 1,080/83134.4 1930.78 %17.1 %14.9 % 1.00
Sintercom India Ltd 236 Cr. 85.8 154/82.8249 37.10.00 %5.08 %0.66 % 10.0
Shriram Pistons & Rings Ltd 13,473 Cr. 3,060 3,416/1,55624.0 5990.33 %25.7 %23.2 % 10.0
Industry Average12,814.50 Cr3,487.7458.73554.760.62%16.53%14.30%7.25

All Competitor Stocks of Shriram Pistons & Rings Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 6367017167527668568378768489889631,0161,023
Expenses 519566570594604679672699677778768809817
Operating Profit 117135146158161177165178170210195207206
OPM % 18%19%20%21%21%21%20%20%20%21%20%20%20%
Other Income 1216192319242630272728268
Interest 56678999889812
Depreciation 23242322293430313128323333
Profit before tax 100121136151143158154168159201183192169
Tax % 25%25%26%25%25%26%24%25%24%25%26%26%26%
Net Profit 7591101113108116117126121152135142126
EPS in Rs 17.0120.6723.1725.8024.3727.1526.2228.3327.2033.2630.3531.7627.92

Last Updated: February 4, 2026, 5:16 am

Below is a detailed analysis of the quarterly data for Shriram Pistons & Rings Ltd based on the most recent figures (Dec 2025) and their trends compared to the previous period:

  • For Sales, as of Dec 2025, the value is 1,023.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,016.00 Cr. (Sep 2025) to 1,023.00 Cr., marking an increase of 7.00 Cr..
  • For Expenses, as of Dec 2025, the value is 817.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 809.00 Cr. (Sep 2025) to 817.00 Cr., marking an increase of 8.00 Cr..
  • For Operating Profit, as of Dec 2025, the value is 206.00 Cr.. The value appears to be declining and may need further review. It has decreased from 207.00 Cr. (Sep 2025) to 206.00 Cr., marking a decrease of 1.00 Cr..
  • For OPM %, as of Dec 2025, the value is 20.00%. The value remains steady. There is no change compared to the previous period (Sep 2025) which recorded 20.00%.
  • For Other Income, as of Dec 2025, the value is 8.00 Cr.. The value appears to be declining and may need further review. It has decreased from 26.00 Cr. (Sep 2025) to 8.00 Cr., marking a decrease of 18.00 Cr..
  • For Interest, as of Dec 2025, the value is 12.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 8.00 Cr. (Sep 2025) to 12.00 Cr., marking an increase of 4.00 Cr..
  • For Depreciation, as of Dec 2025, the value is 33.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2025) which recorded 33.00 Cr..
  • For Profit before tax, as of Dec 2025, the value is 169.00 Cr.. The value appears to be declining and may need further review. It has decreased from 192.00 Cr. (Sep 2025) to 169.00 Cr., marking a decrease of 23.00 Cr..
  • For Tax %, as of Dec 2025, the value is 26.00%. The value remains steady. There is no change compared to the previous period (Sep 2025) which recorded 26.00%.
  • For Net Profit, as of Dec 2025, the value is 126.00 Cr.. The value appears to be declining and may need further review. It has decreased from 142.00 Cr. (Sep 2025) to 126.00 Cr., marking a decrease of 16.00 Cr..
  • For EPS in Rs, as of Dec 2025, the value is 27.92. The value appears to be declining and may need further review. It has decreased from 31.76 (Sep 2025) to 27.92, marking a decrease of 3.84.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: December 15, 2025, 4:39 am

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 1,1701,2441,3931,4631,7291,9551,6071,5972,0652,6093,0893,5503,816
Expenses 9401,0541,1611,2071,4361,6601,4251,3811,7602,1492,4472,8263,033
Operating Profit 229190232255293295182216304460642724783
OPM % 20%15%17%17%17%15%11%14%15%18%21%20%21%
Other Income 1017182624222019294785111109
Interest 38322620161412131119303434
Depreciation 101969390909410310310295108120123
Profit before tax 1017913117121120986120220393589682736
Tax % 31%28%30%31%34%34%15%26%26%25%26%24%
Net Profit 7057921181391387389164294439516549
EPS in Rs 15.5812.8220.5026.4231.0730.9716.3419.8537.1866.70100.47115.02122.59
Dividend Payout % 11%14%10%13%16%16%18%15%13%11%10%9%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)-18.57%61.40%28.26%17.80%-0.72%-47.10%21.92%84.27%79.27%49.32%17.54%
Change in YoY Net Profit Growth (%)0.00%79.97%-33.14%-10.46%-18.52%-46.38%69.02%62.35%-5.00%-29.95%-31.78%

Shriram Pistons & Rings Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:11%
5 Years:17%
3 Years:20%
TTM:15%
Compounded Profit Growth
10 Years:24%
5 Years:48%
3 Years:46%
TTM:15%
Stock Price CAGR
10 Years:%
5 Years:56%
3 Years:86%
1 Year:17%
Return on Equity
10 Years:17%
5 Years:20%
3 Years:23%
Last Year:23%

Last Updated: September 5, 2025, 1:31 pm

Balance Sheet

Last Updated: December 4, 2025, 1:58 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 22222222222222222222444444
Reserves 5385856737728911,0041,0481,1261,2331,5051,8822,3502,593
Borrowings 38131028922617997135146157333487508537
Other Liabilities 253272308334398445352409438551723821855
Total Liabilities 1,1941,1891,2921,3541,4911,5681,5581,7041,8502,4123,1363,7234,029
Fixed Assets 7136675975775556137417036897729341,2031,215
CWIP 9469111719865315864
Investments 001882066134327211536206
Other Assets 4725186727609049347379591,1241,5632,0562,4252,545
Total Assets 1,1941,1891,2921,3541,4911,5681,5581,7041,8502,4123,1363,7234,029

Below is a detailed analysis of the balance sheet data for Shriram Pistons & Rings Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:

  • For Equity Capital, as of Sep 2025, the value is 44.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 44.00 Cr..
  • For Reserves, as of Sep 2025, the value is 2,593.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,350.00 Cr. (Mar 2025) to 2,593.00 Cr., marking an increase of 243.00 Cr..
  • For Borrowings, as of Sep 2025, the value is 537.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 508.00 Cr. (Mar 2025) to 537.00 Cr., marking an increase of 29.00 Cr..
  • For Other Liabilities, as of Sep 2025, the value is 855.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 821.00 Cr. (Mar 2025) to 855.00 Cr., marking an increase of 34.00 Cr..
  • For Total Liabilities, as of Sep 2025, the value is 4,029.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3,723.00 Cr. (Mar 2025) to 4,029.00 Cr., marking an increase of 306.00 Cr..
  • For Fixed Assets, as of Sep 2025, the value is 1,215.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,203.00 Cr. (Mar 2025) to 1,215.00 Cr., marking an increase of 12.00 Cr..
  • For CWIP, as of Sep 2025, the value is 64.00 Cr.. The value appears strong and on an upward trend. It has increased from 58.00 Cr. (Mar 2025) to 64.00 Cr., marking an increase of 6.00 Cr..
  • For Investments, as of Sep 2025, the value is 206.00 Cr.. The value appears strong and on an upward trend. It has increased from 36.00 Cr. (Mar 2025) to 206.00 Cr., marking an increase of 170.00 Cr..
  • For Other Assets, as of Sep 2025, the value is 2,545.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,425.00 Cr. (Mar 2025) to 2,545.00 Cr., marking an increase of 120.00 Cr..
  • For Total Assets, as of Sep 2025, the value is 4,029.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,723.00 Cr. (Mar 2025) to 4,029.00 Cr., marking an increase of 306.00 Cr..

Notably, the Reserves (2,593.00 Cr.) exceed the Borrowings (537.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity +180129255183175157297190219395487434
Cash from Investing Activity +-65-45-67-55-65-157-214-10-56-476-422-385
Cash from Financing Activity +-101-111-113-89-88-61-111-28-9193-42-61
Net Cash Flow14-27753921-62-28152721223-11

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-152.00-120.00-57.0029.00114.00198.0047.0070.00147.00127.00155.00216.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 566358596866547463555660
Inventory Days 197196175213190184182175155113114116
Days Payable 14912915718517814414418414297104101
Cash Conversion Cycle 104130758780107926575716675
Working Capital Days 334436384164444444272129
ROCE %15%12%16%19%21%20%8%11%17%24%28%26%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters46.75%46.75%46.75%46.75%46.75%46.75%46.75%43.75%43.75%43.75%43.75%43.75%
FIIs0.00%0.00%0.03%0.08%1.07%1.35%1.99%4.27%4.50%5.30%5.88%5.99%
DIIs10.11%10.05%9.59%9.29%13.07%12.55%11.80%12.74%13.06%13.15%13.34%13.23%
Public43.14%43.20%43.63%43.88%39.11%39.35%39.46%39.24%38.69%37.78%37.02%37.01%
No. of Shareholders2,6163,0434,6728,21822,62736,29240,41947,01346,34843,80846,03951,290

Shareholding Pattern Chart

No. of Shareholders

Shriram Pistons & Rings Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
DSP Small Cap Fund 1,081,165 2.07 350.08553,5332025-12-08 01:32:2895.32%
Mahindra Manulife Small Cap Fund 231,261 1.77 74.88N/AN/AN/A
Tata ELSS Fund 220,000 1.5 71.24N/AN/AN/A
Tata Multicap Fund 131,576 1.32 42.6N/AN/AN/A
Mahindra Manulife Manufacturing Fund 88,937 3.89 28.8N/AN/AN/A
Mahindra Manulife Multi Asset Allocation Fund 23,420 0.81 7.58N/AN/AN/A
Mahindra Manulife Equity Savings Fund 11,149 0.64 3.61N/AN/AN/A
Groww Value Fund 1,956 0.93 0.633,2112026-01-26 03:15:53-39.08%
Samco Multi Cap Fund 1,856 0.21 0.6N/AN/AN/A
Groww Aggressive Hybrid Fund 1,679 1.07 0.54N/AN/AN/A

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 115.02100.47133.4374.2639.67
Diluted EPS (Rs.) 115.02100.47133.4374.2639.67
Cash EPS (Rs.) 144.21124.03176.43120.6085.50
Book Value[Excl.RevalReserv]/Share (Rs.) 540.54455.83695.48565.40508.79
Book Value[Incl.RevalReserv]/Share (Rs.) 542.75458.04699.90569.82513.14
Revenue From Operations / Share (Rs.) 805.86701.321184.71937.42713.56
PBDIT / Share (Rs.) 189.72165.11230.20151.50105.07
PBIT / Share (Rs.) 162.55140.66187.20105.1759.23
PBT / Share (Rs.) 154.75133.74178.4499.9853.62
Net Profit / Share (Rs.) 117.0499.58133.4374.2639.66
NP After MI And SOA / Share (Rs.) 115.02100.47133.2474.2639.66
PBDIT Margin (%) 23.5423.5419.4316.1614.72
PBIT Margin (%) 20.1720.0515.8011.218.30
PBT Margin (%) 19.2019.0615.0610.667.51
Net Profit Margin (%) 14.5214.1911.267.925.55
NP After MI And SOA Margin (%) 14.2714.3211.247.925.55
Return on Networth / Equity (%) 21.2723.1319.3313.137.79
Return on Capital Employeed (%) 25.5026.5523.2116.8610.48
Return On Assets (%) 13.5814.1012.358.845.20
Long Term Debt / Equity (X) 0.070.100.090.030.04
Total Debt / Equity (X) 0.200.230.190.100.08
Asset Turnover Ratio (%) 1.031.121.241.160.97
Current Ratio (X) 2.482.432.512.312.10
Quick Ratio (X) 1.961.951.941.611.47
Inventory Turnover Ratio (X) 8.223.202.972.521.79
Dividend Payout Ratio (NP) (%) 8.697.4610.508.0715.12
Dividend Payout Ratio (CP) (%) 7.036.007.944.977.01
Earning Retention Ratio (%) 91.3192.5489.5091.9384.88
Cash Earning Retention Ratio (%) 92.9794.0092.0695.0392.99
Interest Coverage Ratio (X) 24.3323.8826.2829.2118.71
Interest Coverage Ratio (Post Tax) (X) 16.0115.4016.2315.328.06
Enterprise Value (Cr.) 7845.818324.481884.071334.911625.85
EV / Net Operating Revenue (X) 2.212.690.720.641.02
EV / EBITDA (X) 9.3911.453.724.006.92
MarketCap / Net Operating Revenue (X) 2.342.800.850.751.12
Retention Ratios (%) 91.3092.5389.4991.9284.87
Price / BV (X) 3.494.511.461.251.56
Price / Net Operating Revenue (X) 2.342.800.850.751.12
EarningsYield 0.060.050.130.100.04

After reviewing the key financial ratios for Shriram Pistons & Rings Ltd, here is a detailed analysis based on the latest available data and recent trends:

  • For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
  • For Basic EPS (Rs.), as of Mar 25, the value is 115.02. This value is within the healthy range. It has increased from 100.47 (Mar 24) to 115.02, marking an increase of 14.55.
  • For Diluted EPS (Rs.), as of Mar 25, the value is 115.02. This value is within the healthy range. It has increased from 100.47 (Mar 24) to 115.02, marking an increase of 14.55.
  • For Cash EPS (Rs.), as of Mar 25, the value is 144.21. This value is within the healthy range. It has increased from 124.03 (Mar 24) to 144.21, marking an increase of 20.18.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 540.54. It has increased from 455.83 (Mar 24) to 540.54, marking an increase of 84.71.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 542.75. It has increased from 458.04 (Mar 24) to 542.75, marking an increase of 84.71.
  • For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 805.86. It has increased from 701.32 (Mar 24) to 805.86, marking an increase of 104.54.
  • For PBDIT / Share (Rs.), as of Mar 25, the value is 189.72. This value is within the healthy range. It has increased from 165.11 (Mar 24) to 189.72, marking an increase of 24.61.
  • For PBIT / Share (Rs.), as of Mar 25, the value is 162.55. This value is within the healthy range. It has increased from 140.66 (Mar 24) to 162.55, marking an increase of 21.89.
  • For PBT / Share (Rs.), as of Mar 25, the value is 154.75. This value is within the healthy range. It has increased from 133.74 (Mar 24) to 154.75, marking an increase of 21.01.
  • For Net Profit / Share (Rs.), as of Mar 25, the value is 117.04. This value is within the healthy range. It has increased from 99.58 (Mar 24) to 117.04, marking an increase of 17.46.
  • For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 115.02. This value is within the healthy range. It has increased from 100.47 (Mar 24) to 115.02, marking an increase of 14.55.
  • For PBDIT Margin (%), as of Mar 25, the value is 23.54. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 23.54.
  • For PBIT Margin (%), as of Mar 25, the value is 20.17. This value exceeds the healthy maximum of 20. It has increased from 20.05 (Mar 24) to 20.17, marking an increase of 0.12.
  • For PBT Margin (%), as of Mar 25, the value is 19.20. This value is within the healthy range. It has increased from 19.06 (Mar 24) to 19.20, marking an increase of 0.14.
  • For Net Profit Margin (%), as of Mar 25, the value is 14.52. This value exceeds the healthy maximum of 10. It has increased from 14.19 (Mar 24) to 14.52, marking an increase of 0.33.
  • For NP After MI And SOA Margin (%), as of Mar 25, the value is 14.27. This value is within the healthy range. It has decreased from 14.32 (Mar 24) to 14.27, marking a decrease of 0.05.
  • For Return on Networth / Equity (%), as of Mar 25, the value is 21.27. This value is within the healthy range. It has decreased from 23.13 (Mar 24) to 21.27, marking a decrease of 1.86.
  • For Return on Capital Employeed (%), as of Mar 25, the value is 25.50. This value is within the healthy range. It has decreased from 26.55 (Mar 24) to 25.50, marking a decrease of 1.05.
  • For Return On Assets (%), as of Mar 25, the value is 13.58. This value is within the healthy range. It has decreased from 14.10 (Mar 24) to 13.58, marking a decrease of 0.52.
  • For Long Term Debt / Equity (X), as of Mar 25, the value is 0.07. This value is below the healthy minimum of 0.2. It has decreased from 0.10 (Mar 24) to 0.07, marking a decrease of 0.03.
  • For Total Debt / Equity (X), as of Mar 25, the value is 0.20. This value is within the healthy range. It has decreased from 0.23 (Mar 24) to 0.20, marking a decrease of 0.03.
  • For Asset Turnover Ratio (%), as of Mar 25, the value is 1.03. It has decreased from 1.12 (Mar 24) to 1.03, marking a decrease of 0.09.
  • For Current Ratio (X), as of Mar 25, the value is 2.48. This value is within the healthy range. It has increased from 2.43 (Mar 24) to 2.48, marking an increase of 0.05.
  • For Quick Ratio (X), as of Mar 25, the value is 1.96. This value is within the healthy range. It has increased from 1.95 (Mar 24) to 1.96, marking an increase of 0.01.
  • For Inventory Turnover Ratio (X), as of Mar 25, the value is 8.22. This value exceeds the healthy maximum of 8. It has increased from 3.20 (Mar 24) to 8.22, marking an increase of 5.02.
  • For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 8.69. This value is below the healthy minimum of 20. It has increased from 7.46 (Mar 24) to 8.69, marking an increase of 1.23.
  • For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 7.03. This value is below the healthy minimum of 20. It has increased from 6.00 (Mar 24) to 7.03, marking an increase of 1.03.
  • For Earning Retention Ratio (%), as of Mar 25, the value is 91.31. This value exceeds the healthy maximum of 70. It has decreased from 92.54 (Mar 24) to 91.31, marking a decrease of 1.23.
  • For Cash Earning Retention Ratio (%), as of Mar 25, the value is 92.97. This value exceeds the healthy maximum of 70. It has decreased from 94.00 (Mar 24) to 92.97, marking a decrease of 1.03.
  • For Interest Coverage Ratio (X), as of Mar 25, the value is 24.33. This value is within the healthy range. It has increased from 23.88 (Mar 24) to 24.33, marking an increase of 0.45.
  • For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 16.01. This value is within the healthy range. It has increased from 15.40 (Mar 24) to 16.01, marking an increase of 0.61.
  • For Enterprise Value (Cr.), as of Mar 25, the value is 7,845.81. It has decreased from 8,324.48 (Mar 24) to 7,845.81, marking a decrease of 478.67.
  • For EV / Net Operating Revenue (X), as of Mar 25, the value is 2.21. This value is within the healthy range. It has decreased from 2.69 (Mar 24) to 2.21, marking a decrease of 0.48.
  • For EV / EBITDA (X), as of Mar 25, the value is 9.39. This value is within the healthy range. It has decreased from 11.45 (Mar 24) to 9.39, marking a decrease of 2.06.
  • For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 2.34. This value is within the healthy range. It has decreased from 2.80 (Mar 24) to 2.34, marking a decrease of 0.46.
  • For Retention Ratios (%), as of Mar 25, the value is 91.30. This value exceeds the healthy maximum of 70. It has decreased from 92.53 (Mar 24) to 91.30, marking a decrease of 1.23.
  • For Price / BV (X), as of Mar 25, the value is 3.49. This value exceeds the healthy maximum of 3. It has decreased from 4.51 (Mar 24) to 3.49, marking a decrease of 1.02.
  • For Price / Net Operating Revenue (X), as of Mar 25, the value is 2.34. This value is within the healthy range. It has decreased from 2.80 (Mar 24) to 2.34, marking a decrease of 0.46.
  • For EarningsYield, as of Mar 25, the value is 0.06. This value is below the healthy minimum of 5. It has increased from 0.05 (Mar 24) to 0.06, marking an increase of 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Shriram Pistons & Rings Ltd as of February 17, 2026 is: ₹2,676.99

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of February 17, 2026, Shriram Pistons & Rings Ltd is Overvalued by 12.52% compared to the current share price ₹3,060.00

Intrinsic Value of Shriram Pistons & Rings Ltd as of February 17, 2026 is: ₹3,398.41

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of February 17, 2026, Shriram Pistons & Rings Ltd is Undervalued by 11.06% compared to the current share price ₹3,060.00

Last 5 Year EPS CAGR: 26.95%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 18.08%, which is a positive sign.
  2. The company has higher reserves (1,246.15 cr) compared to borrowings (291.15 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (1.62 cr) and profit (286.77 cr) over the years.
  1. The stock has a high average Working Capital Days of 38.75, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 85.58, which may not be favorable.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Shriram Pistons & Rings Ltd:
    1. Net Profit Margin: 14.52%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 25.5% (Industry Average ROCE: 16.53%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 21.27% (Industry Average ROE: 14.3%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 16.01
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 1.96
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 24 (Industry average Stock P/E: 58.73)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.2
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Shriram Pistons & Rings Ltd. is a Public Limited Listed company incorporated on 09/12/1963 and has its registered office in the State of Delhi, India. Company's Corporate Identification Number(CIN) is L29112DL1963PLC004084 and registration number is 004084. Currently Company is involved in the business activities of Manufacture of engines and turbines, except aircraft, vehicle and cycle engines. Company's Total Operating Revenue is Rs. 3179.51 Cr. and Equity Capital is Rs. 44.05 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Auto Ancl - Engine Parts3rd Floor, Himalaya House, 23, Kasturba Gandhi Marg, New Delhi Delhi 110001Contact not found
Management
NamePosition Held
Mr. Pradeep DinodiaChairman
Mr. Krishnakumar SrinivasanManaging Director & CEO
Mr. Luv D ShriramWhole Time Director
Mrs. Meenakshi DassDirector
Mr. Yasunori MaekawaDirector
Mr. Klaus SemkeDirector
Mr. Hari S BhartiaIndependent Director
Mrs. Ferida ChopraIndependent Director
Ms. Tina TrikhaIndependent Director
Mr. Shigeto MunoAlternate Director

FAQ

What is the intrinsic value of Shriram Pistons & Rings Ltd?

Shriram Pistons & Rings Ltd's intrinsic value (as of 17 February 2026) is ₹3398.41 which is 11.06% higher the current market price of ₹3,060.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's ₹13,473 Cr. market cap, FY2025-2026 high/low of ₹3,416/1,556, reserves of ₹2,593 Cr, and liabilities of ₹4,029 Cr.

What is the Market Cap of Shriram Pistons & Rings Ltd?

The Market Cap of Shriram Pistons & Rings Ltd is 13,473 Cr..

What is the current Stock Price of Shriram Pistons & Rings Ltd as on 17 February 2026?

The current stock price of Shriram Pistons & Rings Ltd as on 17 February 2026 is ₹3,060.

What is the High / Low of Shriram Pistons & Rings Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Shriram Pistons & Rings Ltd stocks is ₹3,416/1,556.

What is the Stock P/E of Shriram Pistons & Rings Ltd?

The Stock P/E of Shriram Pistons & Rings Ltd is 24.0.

What is the Book Value of Shriram Pistons & Rings Ltd?

The Book Value of Shriram Pistons & Rings Ltd is 599.

What is the Dividend Yield of Shriram Pistons & Rings Ltd?

The Dividend Yield of Shriram Pistons & Rings Ltd is 0.33 %.

What is the ROCE of Shriram Pistons & Rings Ltd?

The ROCE of Shriram Pistons & Rings Ltd is 25.7 %.

What is the ROE of Shriram Pistons & Rings Ltd?

The ROE of Shriram Pistons & Rings Ltd is 23.2 %.

What is the Face Value of Shriram Pistons & Rings Ltd?

The Face Value of Shriram Pistons & Rings Ltd is 10.0.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Shriram Pistons & Rings Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE
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