|
30 Jul 2025 |
Shriram Pistons
|
Consensus Share Price Target
|
2445.80 |
3050.00 |
- |
24.70 |
buy
|
|
|
|
|
04 Feb 2025
|
Shriram Pistons
|
Emkay
|
2445.80
|
2950.00
|
2001.50
(22.20%)
|
20.61 |
Buy
|
|
|
SPRL delivered a healthy ~11% YoY consolidated revenue growth, outpacing the underlying industry’s low-single digit production growth by ~3%, though EBITDA margin at ~20.1% was ~68bps lower than our estimates (dragged by higher other expenses).
|
|
10 Dec 2024
|
Shriram Pistons
|
Emkay
|
2445.80
|
2950.00
|
2248.10
(8.79%)
|
20.61 |
Buy
|
|
|
Shriram Pistons (SPRL) has entered an agreement for acquiring 100% shareholding in TGPEL Precision Engineering (TGPEL), a manufacturer of high precision injection molds and components, at an EV of Rs2.2bn on a debt-free, cash-free basis (expected to close by end Dec-24; press release)
|
|
16 May 2024
|
Shriram Pistons
|
Emkay
|
2445.80
|
2450.00
|
1968.90
(24.22%)
|
Target met |
Buy
|
|
|
SPRL’s Q4 results were healthy, with consol. revenue/EBITDA/PAT growth of
22%/31%/27% YoY. SPRL’s 18% rev. growth was 2x the underlying auto
industry’s.
|
|
16 May 2024
|
Shriram Pistons
|
Emkay
|
2445.80
|
2450.00
|
1968.90
(24.22%)
|
Target met |
Buy
|
|
|
SPRL’s Q4 results were healthy, with consol. revenue/EBITDA/PAT growth of 22%/31%/27% YoY. SPRL’s 18% rev. growth was 2x the underlying auto
industry’s.
|