SPR Auto Technologies Limited has announced its audited financial results for the quarter and financial year ended March 31, 2026. The Board of Directors has recommended a Final Dividend of Rs. 5 per equity share, in addition to the interim dividend already paid. The company also unveiled ambitious plans for fund-raising of up to Rs. 10,000 million via Qualified Institutions Placement (QIP) to support repayment of borrowings and general corporate purposes.
Financial Performance for FY 2025-26
For the financial year ended March 31, 2026, the company reported a robust standalone net profit of Rs. 5,137 million, compared to Rs. 4,978 million in the previous year. Revenue from operations on a standalone basis grew to Rs. 35,266 million for the year. On a consolidated basis, the company reported a significantly higher annual net profit of Rs. 5,614 million, reflecting the impact of recent strategic acquisitions.
Strategic Growth and Acquisitions
The company, formerly known as Shriram Pistons & Rings Limited, completed the acquisition of 100% equity shares of SPR Auto Interior Lighting Solutions Private Limited and SPR Auto Interior Solutions Private Limited on January 8, 2026. This acquisition, valued at a consideration of Rs. 17,083 million, represents a major step in expanding the company’s footprint in the automotive components segment.
Capital Expansion and Dividend
To support its continued growth and balance sheet optimization, the Board has proposed raising up to Rs. 10,000 million through the issuance of securities via a Qualified Institutions Placement (QIP). Shareholders will also benefit from a recommended Final Dividend of Rs. 5 per share (face value of Rs. 10), bringing the total dividend payout for the year to Rs. 10 per share. The 62nd Annual General Meeting is scheduled for July 27, 2026, with a record date for the dividend set for July 20, 2026.
Source: BSE
