Shriram Pistons & Rings Ltd (SPRL), established in 1963, is a leading Indian manufacturer of automotive components, including pistons, pins, rings, and engine valves, under the SPR and USHA brands. With state-of-the-art manufacturing facilities in Ghaziabad and Alwar, SPRL emphasizes quality, innovation, and sustainability. The company serves both domestic and global markets, supplying to top OEMs across India, Europe, the USA, and Asia. Known for its strong R&D focus, certified quality standards, and active CSR initiatives, SPRL remains a trusted name in the automotive industry.
Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | |
Promoters + | 46.75% | 46.75% | 46.75% | 43.75% | 43.75% |
FIIs + | 1.07% | 1.35% | 1.99% | 4.27% | 4.50% |
DIIs + | 13.07% | 12.55% | 11.80% | 12.74% | 13.06% |
Public + | 39.11% | 39.35% | 39.46% | 39.24% | 38.69% |
No. of Shareholders | 22,627 | 36,292 | 40,419 | 47,013 | 46,348 |
The shareholding pattern of Shriram Pistons & Rings Ltd has experienced notable shifts throughout 2024, reflecting changes in investor interest and ownership dynamics. As of December 2023, the promoters held a 46.75% stake, which declined to 43.75% by September 2024, indicating a reduction in their holdings. On the other hand, Foreign Institutional Investors (FIIs) significantly increased their stake from 1.07% in December 2023 to 4.50% by December 2024, demonstrating rising interest from global investors.
Domestic Institutional Investors (DIIs) saw a fluctuating trend, starting at 13.07% in December 2023, dropping to 11.80% in June 2024, and recovering to 13.06% by December 2024. The public shareholding remained relatively stable, slightly decreasing from 39.11% in December 2023 to 38.69% in December 2024. Additionally, the number of shareholders increased from 22,627 in December 2023 to a peak of 47,013 in September 2024, before slightly declining to 46,348 by year-end, showcasing an overall rise in retail participation in Shriram Pistons & Rings.
Below are the trading platforms that you can use to purchase Shriram Pistons & Rings shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
When | Maximum Price | Minimum Price |
March 2025 | 1,759.77 | 1,353.67 |
April 2025 | 1,742.35 | 1,340.27 |
May 2025 | 1,691.60 | 1,301.23 |
June 2025 | 1,767.72 | 1,359.78 |
July 2025 | 1,733.06 | 1,333.12 |
August 2025 | 1,786.66 | 1,374.35 |
September 2025 | 1,808.10 | 1,390.84 |
October 2025 | 1,855.11 | 1,427.01 |
November 2025 | 1,901.49 | 1,462.68 |
December 2025 | 1,987.05 | 1,528.50 |
As we move through 2025, the share prices of Shriram Pistons & Rings are expected to showcase a steady upward trajectory. In March 2025, the maximum share price is anticipated to reach ₹1,759.77, with a minimum of ₹1,353.67. By December 2025, these values are projected to rise further, with the maximum share price expected at ₹1,987.05 and the minimum at ₹1,528.50, reflecting consistent growth and investor confidence in Shriram Pistons & Rings.
When | Maximum Price | Minimum Price |
January 2026 | 2,046.66 | 1,574.36 |
February 2026 | 1,995.50 | 1,535.00 |
March 2026 | 2,035.41 | 1,565.70 |
April 2026 | 2,076.95 | 1,597.65 |
May 2026 | 2,056.38 | 1,581.83 |
June 2026 | 2,107.79 | 1,621.38 |
July 2026 | 2,066.46 | 1,589.59 |
August 2026 | 2,130.37 | 1,638.75 |
September 2026 | 2,172.98 | 1,671.52 |
October 2026 | 2,229.48 | 1,714.98 |
November 2026 | 2,285.22 | 1,757.86 |
December 2026 | 2,342.35 | 1,801.81 |
As we step into 2026, the share prices of Shriram Pistons & Rings are anticipated to reflect a positive trend. In January 2026, the maximum share price is expected to reach ₹2,046.66, with a minimum of ₹1,574.36. Moving through the year, consistent growth is projected, culminating in December 2026, where the maximum share price is estimated to touch ₹2,342.35 and the minimum to stand at ₹1,801.81.
When | Maximum Price | Minimum Price |
January 2027 | 2,365.77 | 1,819.82 |
February 2027 | 2,426.43 | 1,866.49 |
March 2027 | 2,521.06 | 1,939.28 |
April 2027 | 2,471.63 | 1,901.25 |
May 2027 | 2,399.64 | 1,845.88 |
June 2027 | 2,507.62 | 1,928.94 |
July 2027 | 2,458.46 | 1,891.12 |
August 2027 | 2,534.49 | 1,949.61 |
September 2027 | 2,623.20 | 2,017.84 |
October 2027 | 2,691.40 | 2,070.31 |
November 2027 | 2,758.69 | 2,122.07 |
December 2027 | 2,827.65 | 2,175.12 |
When | Maximum Price | Minimum Price |
January 2028 | 2,884.21 | 2,218.62 |
February 2028 | 2,958.16 | 2,275.51 |
March 2028 | 3,073.53 | 2,364.25 |
April 2028 | 3,013.26 | 2,317.89 |
May 2028 | 2,925.50 | 2,250.38 |
June 2028 | 3,057.14 | 2,351.65 |
July 2028 | 2,997.20 | 2,305.54 |
August 2028 | 3,089.90 | 2,376.84 |
September 2028 | 3,198.04 | 2,460.03 |
October 2028 | 3,281.19 | 2,523.99 |
November 2028 | 3,363.22 | 2,587.09 |
December 2028 | 3,447.30 | 2,651.77 |
When | Maximum Price | Minimum Price |
January 2029 | 3,516.25 | 2,704.81 |
February 2029 | 3,606.41 | 2,774.16 |
March 2029 | 3,747.06 | 2,882.35 |
April 2029 | 3,673.59 | 2,825.84 |
May 2029 | 3,566.59 | 2,743.53 |
June 2029 | 3,727.09 | 2,866.99 |
July 2029 | 3,654.01 | 2,810.77 |
August 2029 | 3,767.02 | 2,897.71 |
September 2029 | 3,898.86 | 2,999.13 |
October 2029 | 4,000.23 | 3,077.10 |
November 2029 | 4,100.24 | 3,154.03 |
December 2029 | 4,202.75 | 3,232.88 |
When | Maximum Price | Minimum Price |
January 2030 | 4,286.80 | 3,297.54 |
February 2030 | 4,396.72 | 3,382.09 |
March 2030 | 4,568.19 | 3,513.99 |
April 2030 | 4,478.62 | 3,445.09 |
May 2030 | 4,348.17 | 3,344.75 |
June 2030 | 4,543.84 | 3,495.26 |
July 2030 | 4,454.75 | 3,426.73 |
August 2030 | 4,592.52 | 3,532.71 |
September 2030 | 4,753.26 | 3,656.35 |
October 2030 | 4,876.84 | 3,751.42 |
November 2030 | 4,998.77 | 3,845.20 |
December 2030 | 5,123.73 | 3,941.33 |
As we progress through 2030, the shares of Shriram Pistons & Rings are anticipated to display significant growth. In January 2030, the maximum share price is expected to reach ₹4,286.80, while the minimum may stand at ₹3,297.54. Throughout the year, the prices are projected to increase steadily, culminating in December 2030 with a maximum share price of ₹5,123.73 and a minimum of ₹3,941.33, reflecting a strong performance trajectory for Shriram Pistons & Rings shares.
Financial Condition of Shriram Pistons & Rings
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
Sales + | 1,607 | 1,597 | 2,065 | 2,609 | 3,089 | 3,417 |
Expenses + | 1,425 | 1,381 | 1,760 | 2,149 | 2,447 | 2,726 |
Operating Profit | 182 | 216 | 304 | 460 | 642 | 691 |
OPM % | 11% | 14% | 15% | 18% | 21% | 20% |
Other Income + | 20 | 19 | 29 | 47 | 85 | 108 |
Interest | 12 | 13 | 11 | 19 | 30 | 35 |
Depreciation | 103 | 103 | 102 | 95 | 108 | 125 |
Profit before tax | 86 | 120 | 220 | 393 | 589 | 638 |
Tax % | 15% | 26% | 26% | 25% | 26% | |
Net Profit + | 73 | 89 | 164 | 294 | 439 | 480 |
EPS in Rs | 16.34 | 19.85 | 37.18 | 66.7 | 100.47 | 108.9 |
Dividend Payout % | 18% | 15% | 13% | 11% | 10% |
Shriram Pistons & Rings Ltd has demonstrated consistent financial growth over the years, highlighting its strong operational efficiency. From March 2020 to the trailing twelve months (TTM), the company’s sales have grown from ₹1,607 crore to ₹3,417 crore, reflecting robust market demand. Operating profit has risen significantly from ₹182 crore in March 2020 to ₹691 crore (TTM), with the OPM% improving from 11% to 20%, showcasing enhanced cost management and profitability.
Other income also surged from ₹20 crore in March 2020 to ₹108 crore (TTM), contributing to the overall profitability. Profit before tax expanded sharply from ₹86 crore to ₹638 crore (TTM), while net profit saw a remarkable rise from ₹73 crore to ₹480 crore (TTM). Earnings per share (EPS) increased from ₹16.34 to ₹108.9 (TTM), indicating strong returns for shareholders.
Shriram Pistons & Rings’ consistent growth is further underlined by prudent financial practices, as seen in its reducing dividend payout percentage, which fell from 18% in March 2020 to 10% in March 2024, signaling a focus on reinvestment for future expansion. This financial trajectory positions the company as a resilient and growth-oriented player in the automotive components industry.
FAQS
What is Shriram Pistons & Rings market capitalization as of the latest available data?
Shriram Pistons & Rings holds a market capitalization of ₹7,337 crore.
Shriram Pistons & Rings is expected to reach ₹1,987.05 by the end of 2025.
Shriram Pistons & Rings is projected to trade in a range between ₹3,297.54 to ₹5,123.73 in 2030.
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Should one invest in Shriram Pistons & Rings?
In conclusion, Shriram Pistons & Rings Ltd (SPRL) has showcased a commendable growth trajectory, marked by operational excellence and financial resilience. Over the years, the company has strengthened its market position as a leading player in the automotive components industry, leveraging its advanced manufacturing capabilities, innovative R&D, and commitment to quality. The shareholding patterns indicate growing institutional interest, particularly from Foreign Institutional Investors (FIIs), while retail investors continue to show steady participation, reflecting broader market confidence. Financially, SPRL has delivered exceptional performance, with consistent growth in sales, operating profit, and net profit, alongside improved operational efficiency as evidenced by its rising OPM% and EPS figures. Projections for the share price from 2025 to 2030 underscore its long-term growth potential, signaling strong investor confidence in the company’s future.
Having said that, we are not a financial advisor. Please consult a SEBI-registered financial advisor before trading Shriram Pistons & Rings. This post on Shriram Pistons & Rings share price target from 2025 to 2030 is for educational purposes only.
What did we learn?
- 1 Shareholdings Patterns of Shriram Pistons & Rings
- 2 How to Purchases Shriram Pistons & Rings Shares?
- 3 Shriram Pistons & Rings Share Price Target: 2025 to 2030
- 3.1 Shriram Pistons & Rings Share Price Target 2025
- 3.2 Shriram Pistons & Rings Share Price Prediction 2026
- 3.3 Shriram Pistons & Rings Share Price Target 2027
- 3.4 Shriram Pistons & Rings Share Price Prediction 2028
- 3.5 Shriram Pistons & Rings Share Price Target 2029
- 3.6 Shriram Pistons & Rings Share Price Prediction 2030
- 4 Financial Condition of Shriram Pistons & Rings
- 5 FAQS
- 6 Should one invest in Shriram Pistons & Rings?