Staff Writer
New Delhi: SPR Auto Technologies Limited on Monday reported its highest-ever quarterly and annual financial performance for FY26, aided by robust demand across the domestic automotive sector, contributions from newly acquired businesses, and growing traction in powertrain-agnostic segments.
The company, formerly known as Shriram Pistons & Rings Ltd, posted a 45.8 per cent year-on-year jump in consolidated total income for the January-March quarter of FY26 to Rs 1,480.7 crore, compared with Rs 1,015.8 crore in the corresponding quarter of the previous fiscal.
Consolidated profit after tax during the quarter rose 5 per cent to Rs 159 crore from Rs 151.5 crore in Q4FY25, while consolidated EBITDA increased 23.2 per cent year-on-year to Rs 292.8 crore against Rs 237.7 crore a year ago. EBITDA margin for the quarter stood at 19.8 per cent.
Profit before tax before exceptional items rose 3.6 per cent to Rs 208.2 crore during the quarter, the company said.
For the full financial year FY26, consolidated total income climbed 24.9 per cent to Rs 4,571.3 crore as against Rs 3,661.2 crore in FY25.
Consolidated EBITDA for the fiscal stood at Rs 988.5 crore, up 18.3 per cent from Rs 835.7 crore in the previous year, while consolidated PAT increased 8.9 per cent to Rs 561.4 crore compared to Rs 515.5 crore in FY25.
Commenting on the performance, Managing Director and CEO Krishnakumar Srinivasan termed FY26 a landmark year for the company, marked by record financial performance, strategic acquisitions and a corporate rebranding initiative.
He said the company successfully completed the acquisition of three Indian entities of the Antolin Group along with Karna Intertech during the year, strengthening its position in automotive interiors and lighting solutions.
According to Srinivasan, the acquired businesses delivered strong results during the quarter, validating the strategic rationale behind the acquisitions. He added that integration of systems and operating processes is underway and is expected to unlock additional synergies and operational efficiencies going forward.
The company said it invested nearly Rs 200 crore towards capacity expansion across various businesses during FY26, apart from investments made for diversification into automotive interior and lighting solutions.
SPR Auto Technologies said the strong performance was supported by a broad-based recovery in automotive demand, particularly in the second half of the fiscal year.
The company noted that the Indian automobile industry recorded its highest-ever sales across all segments during FY26, with passenger vehicle sales growing 8 per cent, two-wheelers 11 per cent, and commercial vehicles and three-wheelers 13 per cent each.
It attributed the demand momentum to GST 2.0 implementation, income tax reforms and lower financing costs.
Srinivasan said the company’s high-precision injection moulded components business as well as EV motors and controllers business continued to witness robust growth during the year and contributed significantly to the company’s overall performance.
He said powertrain-agnostic businesses contributed nearly 35 per cent of consolidated total income during the quarter. Following recent acquisitions and diversification efforts, close to 60 per cent of the company’s overall business portfolio is now insulated from risks arising from electric vehicle penetration, he added.
On a standalone basis, the company reported total income of Rs 3,626.1 crore in FY26, registering a 10.5 per cent increase from Rs 3,282.7 crore in the previous fiscal.
Standalone EBITDA rose 8.3 per cent to Rs 843.8 crore during the year, while standalone PAT grew 3.2 per cent to Rs 513.7 crore.
For Q4FY26, standalone total income stood at Rs 970 crore, up 10.4 per cent year-on-year. However, standalone quarterly PAT declined marginally by 2.5 per cent to Rs 135.1 crore.
The company said its transition to SPR Auto Technologies Limited reflects a broader strategic vision aimed at building a future-ready automotive technology platform with a diversified portfolio spanning conventional and emerging mobility solutions.
