SPR Auto Technologies Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
SPR Auto Technologies reported 51% year-on-year growth in consolidated total income and 27% growth in consolidated EBITDA for Q1 FY27, while consolidated profit before tax grew 7% and profit after tax grew 9%. Management attributed elevated finance costs to funding the acquisition of the automotive interiors and lighting businesses, and noted a quarter-long lag in passing commodity cost increases to customers. The company completed the acquisition of piston manufacturing plant and machinery from Sunbeam Lightweighting Solutions and reported net debt of around Rs. 550 crores as of June.
SPR Auto Technologies Limited, formerly Shriram Pistons & Rings, reported FY26 consolidated total income of INR 4,571 crores, up 25% year-over-year, and EBITDA of INR 989 crores, up around 18% year-over-year. Management attributed growth to a recovery in automotive demand, GST 2.0 and tax reforms, and the acquisition of three Antolin Group entities in interiors and lighting along with Karna Intertech. The company also discussed capacity expansions at Takahata Neemrana, TGPEL Noida, and SPL Pithampur, alongside a planned QIP of INR 1,000 crores for organic and inorganic growth.