SPR Auto Technologies confirms no encumbrance on promoter shares in FY26

2 min read     Updated on 20 Jun 2026, 08:22 AM
scanx
Reviewed by
Shriram SScanX News Team
AI Summary

SPR Auto Technologies Limited disclosed that its promoters and promoter group did not create any encumbrance on their shareholding during the financial year ended March 31, 2026, in compliance with SEBI regulations. The total promoter holding stands at 1,92,73,106 equity shares, representing 43.75% of the total share capital, with key entities including the Deepak Shriram Family Benefit Trust and Sarva Commercial Private Limited.

powered bylight_fuzz_icon
43106852

*this image is generated using AI for illustrative purposes only.

SPR Auto Technologies Limited (formerly Shriram Pistons & Rings Limited) has confirmed that its promoters and promoter group did not create any encumbrance on their shareholding during the financial year ended March 31, 2026. The disclosure, submitted to the stock exchanges, ensures compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This confirmation covers all promoter entities and persons acting in concert (PAC), providing transparency regarding the status of the shares held by the controlling group.

The total promoter holding in the company stands at 1,92,73,106 equity shares, which constitutes 43.75% of the total share capital. The list of promoters includes the Deepak Shriram Family Benefit Trust, Sarva Commercial Private Limited, and Sera Com Private Limited, among others. Individual confirmations were submitted by each promoter entity, including Meenakshi Dass, Luv Deepak Shriram, and Kush Deepak Shriram, dated April 6, 2026.

Promoter Shareholding Details

The following table outlines the shareholding pattern of the promoters as on March 31, 2026:

S. No. Name of the Promoter No. of shares Shareholding (% age) Category
1 Ms. Meenakshi Dass & Mr. Luv D. Shriram (as Trustees) on behalf of Deepak Shriram Family Benefit Trust 60,07,362 13.64 Promoter
2 Mr. Luv D. Shriram & Ms. Meenakshi Dass (as Trustees) on behalf of Deepak Shriram Family Benefit Trust 60,07,362 13.64 Promoter
3 Sarva Commercial Private Limited 21,33,160 4.84 Promoter
4 Sera Com Private Limited 19,00,794 4.32 Promoter
5 Manisha Commercial Private Limited 13,35,958 3.03 Promoter
6 Shabnam Commercial Private Limited 2,06,394 0.47 Promoter
7 Ms. Meenakshi Dass 16,69,440 3.79 Promoter
8 Mr. Luv Deepak Shriram 10,900 0.02 Promoter
9 Ms. Nandishi Shriram 1,730 0.0039 Promoter
10 Mr. Luv Deepak Shriram on behalf of NAK Benefit Trust 4 0.000009 Promoter
11 Mr. Kush Deepak Shriram 2 0.000005 Promoter Group
Total 1,92,73,106 43.75

Regulatory Compliance

The company stated that the disclosures were submitted in compliance with SEBI regulations. The confirmations from individual promoters were addressed to both the National Stock Exchange of India Limited and BSE Limited. The submissions confirm that no encumbrance, direct or indirect, was created on the shares held by the promoters during the specified financial year.

How might the lack of encumbrance on promoter shares influence investor confidence and institutional investment in SPR Auto Technologies?

Does the current 43.75% promoter holding suggest potential plans for further capital raising or stake dilution to fund expansion?

How will SPR Auto Technologies utilize its clean promoter holding status to navigate potential mergers, acquisitions, or strategic partnerships in the auto components sector?

SPR Auto revenue rises to Rs 44,587 million in FY26

1 min read     Updated on 18 Jun 2026, 04:24 PM
scanx
Reviewed by
Suketu GScanX News Team
AI Summary

SPR Auto Technologies Limited reported a revenue of Rs 44,587 million for FY26, an increase from Rs 35,498 million in FY25. PAT rose to Rs 5,614 million. EBITDA was Rs 9,885 million with a margin of 21.6%.

powered bylight_fuzz_icon
43259046

*this image is generated using AI for illustrative purposes only.

SPR Auto Technologies Limited reported a revenue of Rs 44,587 million for the financial year ended March 31, 2026, representing an increase from Rs 35,498 million in FY25. Profit After Tax (PAT) for the period rose to Rs 5,614 million from Rs 5,155 million in the previous year. The company disclosed these figures in a corporate presentation uploaded to its website on June 17, 2026.

The presentation, filed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, outlines the company's consolidated financial performance. EBITDA for FY26 was reported at Rs 9,885 million, with an EBITDA margin of 21.6%, slightly down from 22.8% in FY25. Total expenses for the year increased to Rs 35,828 million from Rs 28,256 million in the prior year.

Consolidated Financial Performance

The company's balance sheet reflects a significant expansion in assets, with total assets reaching Rs 61,527 million as of March 26, up from Rs 37,289 million in the previous year. This growth was driven largely by an increase in non-current assets, which rose to Rs 33,439 million, primarily due to a rise in goodwill and other intangible assets to Rs 16,948 million.

Metric FY24 FY25 FY26
Revenue from Operations 30,893 35,498 44,587
Total Income 31,746 36,612 45,713
Total Expenses 24,473 28,256 35,828
EBITDA 7,273 8,357 9,885
PAT 4,387 5,155 5,614

Cash Flow and Liabilities

Cash flow from operating activities improved to Rs 6,250 million in FY26 from Rs 4,344 million in FY25. However, cash flow from investing activities was negative at Rs 18,146 million, reflecting capital expenditures. The company's borrowings also increased, with non-current borrowings rising to Rs 12,000 million and current borrowings reaching Rs 6,667 million as of March 26.

The information contained in the presentation is based on publicly available data and does not contain any unpublished price sensitive information. Shriram Pistons & Rings, formerly known as SPR Auto Technologies Limited, confirmed the filing through its Managing Director & CEO, Krishnakumar Srinivasan.

How will the significant increase in goodwill and intangible assets impact future amortization costs and profitability?

What are the company's plans to manage the rising debt levels given the increase in both non-current and current borrowings?

Will the capital expenditures reflected in negative investing cash flow yield sufficient returns to justify the investment?

More News on Shriram Pistons & Rings