Shriram Pistons & Rings has announced its Q3 financial results, showcasing strong revenue growth alongside steady profitability and robust operational metrics. The automotive components manufacturer demonstrated solid operational performance during the quarter, reflecting positive business momentum across key financial parameters.

Financial Performance Overview

The company's Q3 results highlight significant revenue expansion with consolidated revenue reaching ₹10.20 billion, marking a substantial increase from ₹8.48 billion recorded in the same quarter of the previous year. This represents a notable year-on-year growth of 20.28%, indicating strong demand for the company's products and successful business execution.

EBITDA Performance and Margin Analysis

Shriram Pistons & Rings delivered strong operational performance with EBITDA reaching ₹2.06 billion in Q3, compared to ₹1.71 billion in the corresponding quarter of the previous year, representing a growth of 20.47%. The EBITDA margin remained stable at 20.11% versus 20.12% in the previous year, demonstrating consistent operational efficiency despite business expansion.

Profitability Analysis

The company maintained steady profitability during Q3, with consolidated net profit reaching ₹1.23 billion compared to ₹1.20 billion in the corresponding quarter of the previous year. While the profit growth of 2.50% was modest compared to the revenue expansion, it demonstrates the company's ability to maintain profitability amid business growth.

Business Performance Indicators

The financial results reflect the company's operational efficiency in the automotive components sector. The significant revenue growth coupled with maintained profitability and stable EBITDA margins suggests effective cost management and strong market positioning. The performance indicates the company's capability to capitalize on market opportunities while sustaining its operational metrics.

The Q3 results position Shriram Pistons & Rings favorably within the automotive components industry, demonstrating both top-line growth and operational stability during the reporting period.

Shriram Pistons & Rings Limited has announced that its board of directors will convene on February 2, 2026, to deliberate on several key corporate matters including quarterly financial results and strategic funding initiatives. The meeting has been scheduled in compliance with Regulation 29 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Board Meeting Agenda

The board meeting will address three primary items of business, each carrying significant implications for the company's financial position and strategic direction.

Financial Results Review

The board will consider and approve the unaudited financial results for both standalone and consolidated operations covering the quarter and nine months ended December 31, 2025. These results will be accompanied by a Limited Review Report, providing stakeholders with comprehensive insights into the company's performance during the specified period.

Dividend and Fund Raising Considerations

Directors will evaluate the declaration of an interim dividend for the financial year 2025-26, subject to approval, and determine the appropriate record date for dividend distribution. Simultaneously, the board will deliberate on a significant fund raising proposal involving the issuance of Secured Non-Convertible Debentures worth up to INR 1,000 crore through private placement, which may be executed in one or more tranches or series.

Trading Window Restrictions

In accordance with SEBI Prohibition of Insider Trading Regulations, 2015, and the company's internal Code of Conduct for Prevention of Insider Trading, the trading window has been closed effective January 1, 2026. The restriction will remain in place until 48 hours after the financial results are officially communicated to stock exchanges, ensuring compliance with regulatory requirements and maintaining market integrity.

Regulatory Compliance

The company has fulfilled its disclosure obligations by notifying both NSE and BSE about the scheduled board meeting. The information has also been made available on the company's official website at shrirampistons.com, ensuring transparent communication with all stakeholders and maintaining adherence to SEBI Listing Regulations.