SPR Auto Technologies Limited (formerly Shriram Pistons & Rings Limited) reported robust financial results for the fiscal year 2025-26, with annual standalone revenue of ₹35,266 million and net profit of ₹5,137 million. The company has announced a final dividend of ₹5 per share, bringing the total annual payout to ₹10 per share. Additionally, the Board has proposed a fund-raising plan of up to ₹10,000 million via Qualified Institutions Placement to support growth initiatives.
Financial Performance Overview
For the financial year ended March 31, 2026, the company delivered a strong performance. The standalone annual revenue stood at ₹35,266 million, compared to ₹31,795 million in the previous year. Standalone net profit after tax rose to ₹5,137 million from ₹4,978 million. On a consolidated basis, the results were even more pronounced, with annual revenue reaching ₹44,587 million and consolidated net profit of ₹5,614 million, driven by recent strategic acquisitions.
Strategic Acquisitions and Corporate Developments
The company successfully completed the acquisition of SPR Auto Interior Lighting Solutions Private Limited and SPR Auto Interior Solutions Private Limited on January 8, 2026. These acquisitions are pivotal to the company’s expansion into new automotive component segments. Furthermore, the company underwent a corporate rebranding, officially changing its name from Shriram Pistons & Rings Limited to SPR Auto Technologies Limited, effective April 2, 2026.
Dividend and Future Fund Raising
Reflecting its commitment to shareholder value, the Board has recommended a final dividend of ₹5 per equity share (face value of ₹10 each). This is in addition to the interim dividend of ₹5 per share already paid in February 2026. To fuel further operational expansion, repayment of borrowings, and general corporate requirements, the Board has approved a proposal to raise funds of up to ₹10,000 million through a Qualified Institutions Placement (QIP), subject to necessary approvals.
Upcoming Annual General Meeting
The 62nd Annual General Meeting is scheduled for Monday, July 27, 2026, and will be conducted via Video Conferencing. The record date to determine the entitlement for the final dividend has been fixed as Monday, July 20, 2026.
Source: BSE
