₹ 32.2 Cr
Volume transacted
167.1 K
stocks traded
Last Updated time: 26 Jul 9.00 AM
Shriram Pistons & Rings Ltd
NSE: SHRIPISTON
DPS
₹ 15
Last updated : FY 2023
The Dividend per Share of Shriram Pistons & Rings Ltd is ₹ 15 as of 2023 .a1#The Dividend Payout of Shriram Pistons & Rings Ltd changed from 16.16 % on March 2019 to 11.18 % on March 2023 . This represents a CAGR of -7.10% over 5 years. a1#The Latest Trading Price of Shriram Pistons & Rings Ltd is ₹ 1927 as of 25 Jul 15:30 .a1#The Market Cap of Shriram Pistons & Rings Ltd changed from ₹ 2300 crore on March 2019 to ₹ 2218 crore on March 2023 . This represents a CAGR of -0.72% over 5 years. a1#The Revenue of Shriram Pistons & Rings Ltd changed from ₹ 626.97 crore to ₹ 863.38 crore over 9 quarters. This represents a CAGR of 15.28% a1#The EBITDA of Shriram Pistons & Rings Ltd changed from ₹ 100.48 crore to ₹ 191.77 crore over 9 quarters. This represents a CAGR of 33.28% a1#The Net Pr of Shriram Pistons & Rings Ltd changed from ₹ 54.66 crore to ₹ 117.16 crore over 9 quarters. This represents a CAGR of 40.33% a1#
Open Demat Account
Enter your mobile no. to continue
+91
*By signing up you agree to our terms & conditions
50 Years
of Trust & Legacy
₹0 AMC
for First Year
₹0 Brokerage
on Delivery, Intraday, Currency and NSE F&O
Market Cap
₹ 8,492 Cr
EPS
₹ 103.5
P/E Ratio (TTM) *
18.6
P/B Ratio (TTM) *
4.4
DTE *
0.3
ROE *
23.0
ROCE *
25.6
Dividend Yield *
1.49
DPS *
15
Dividend Payout *
11.18
Ann.Dividend % *
150
* All values are consolidated
Last Updated time: 26 Jul 9.00 AM
* All values are consolidated
Last Updated time: 26 Jul 9.00 AM
Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.
Period | |
---|---|
Mar '19 | 16 |
Mar '20 | 18 |
Mar '21 | 15 |
Mar '22 | 13 |
Mar '23 | 11 |
* All values are a in %
Dividend Yield is a financial ratio that shows the annual dividend income relative to the market price of a share. It is calculated by dividing the dividend per share by the current market price per share, expressed as a percentage.
* All values are in %
Shriram Pistons & Rings Ltd
NSE: SHRIPISTON
PRICE
₹ 1927.95
48.40 (2.58%)
Last updated : 25 Jul 15:30
Strength
5
S
Weakness
2
W
Opportunity
0
O
Threats
1
T
Revenue
Profitability
Affordability
Liquidity
Dividend
A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.
A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.
Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.
A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:
Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore
Period | |
---|---|
Mar '19 | 2300 |
Mar '20 | 893 |
Mar '21 | 1781 |
Mar '22 | 1553 |
Mar '23 | 2218 |
* All values are a in ₹crore
Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.
Period | |
---|---|
Jun '22 | 627 |
Sep '22 | 664 |
Dec '22 | 648 |
Mar '23 | 717 |
Jun '23 | 735 |
Sep '23 | 775 |
Dec '23 | 785 |
Mar '24 | 879 |
Jun '24 | 863 |
* All values are a in ₹crore
PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.
Period | |
---|---|
Jun '22 | 100 |
Sep '22 | 127 |
Dec '22 | 129 |
Mar '23 | 151 |
Jun '23 | 165 |
Sep '23 | 181 |
Dec '23 | 181 |
Mar '24 | 201 |
Jun '24 | 192 |
* All values are a in ₹crore
Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue
Period | |
---|---|
Jun '22 | 55 |
Sep '22 | 73 |
Dec '22 | 75 |
Mar '23 | 91 |
Jun '23 | 101 |
Sep '23 | 113 |
Dec '23 | 108 |
Mar '24 | 116 |
Jun '24 | 117 |
* All values are a in ₹crore
Shriram Pistons & Rings Ltd was incorporated on December 9, 1963 as Public Limited Company. India's largest exporter of pistons and rings, Shriram Pistons & Rings is situated in Ghaziabad, Uttar Pradesh. For pistons, the company has tied up with Kolbenschmidt, Germany, the sole suppliers for BMW, Mercedes Benz, Volkswagen, Ford, Volvo, Peugeot, etc. It also has a technical tie-up with Honda Foundry Company, Japan, for Honda-model pistons. Shriram has a dedicated production line for Maruti Udyog. The Company's business activity falls under 'automotive component'. Primary products manufactured by the Company are pistons, piston pins, piston rings and engine valves. It regularly exports pistons, piston pins and rings, and engine valves to Germany, Britain, Holland, Belgium, Greece, Egypt, West Asia, central Asian Republics, South America and Australia, amongst others. The Company deploys most modern manufacturing equipment and processes, using state-of-the-art technology. SPR has evolved into a centre of manufacturing excellence, employing over 9000 motivated and multi-skilled employees. The Company is the largest manufacturer of Pistons, Pins, Rings, and Engine Valves in India with two Manufacturing units in Ghaziabad, Uttar Pradesh and one in Pathredi (Rajasthan). Its products are marketed to almost all OEMs and Aftermarkets under the brands 'SPR' and 'USHA'. In 1994-95, the company received the ISO 9001 certification from RW TUV, Germany, for its pistons/pins/rings division and marketing functions of the company. The company diversified into the manufacture of steel rings and Rikvent oil-control rings. It had set up manufacturing facilities for steel rings in collaboration with Riken Corporation, Japan, as also expanded its piston capacity. Steel ring plant and the expanded capacity of pistons were commissioned in 1995. The company meets the total requirements of pistons for the Honda joint ventures in India. During 1996-97 its Piston Plant capacity was expanded by setting up an additional machining line to manufacture Gasoline pistons. Engine Valve plant capacity expansion was also implemented during the year. During 1997-98, the company received the recognition of a Export House, also the 'Best Vendor' award from Maruti Udyog Ltd. SPRL has received QS-9000 accredition from RWTUV, Germany during 1998-99. It also received the 'ACMA Quality Award' and the 'Best Performing Supplier Award' from Tata Cummins Ltd and Certificate of Export Excellence from Engineering Export Promotion Council in the year 1999-2000. The company introduced New models/pistons/piston rings,pins/engine valves. It has expanded the installed capacity of Piston Ring Works during 2002-03. During year 2018-19, Shriram Automotive Products Ltd.(SAPL) was amalgamated with the Company effective on 29.03.2019. The Company implemented low cost automation, interlinking of machines, and installation of robots in Foundry operations. During year 2019-20, the Company set up a Centre of Excellence for Surface Treatment, it identified projects for diversification of its product portfolio, for continuous growth in sales and to minimize the impact of electric mobility in some segments. SPR Engenious Limited was formed as a wholly owned subsidiary of the Company for diversifying its product portfolio in the area related to the automotive segment on 26.9.2022. The Company through its wholly owned subsidiary SPR Engenious Ltd. acquired 51% stake in the share capital of EMF Innovations Private Limited (EMFI) in 2022.
Shriram Pistons & Rings to conduct board meeting
Shriram Pistons & Rings will hold a meeting of the Board of Directors of the Company on 24...
Read more
16 Jul 202411:08
Board of Shriram Pistons & Rings recommends final dividend
Shriram Pistons & Rings announced that the Board of Directors of the Company at its meetin...
Read more
14 May 202410:06
Shriram Pistons & Rings AGM scheduled
Shriram Pistons & Rings announced that the 60th Annual General Meeting(AGM) of the company...
Read more
14 May 202410:06
Shriram Pistons & Rings to announce Quarterly Result
Shriram Pistons & Rings will hold a meeting of the Board of Directors of the Company on 13...
Read more
04 May 202411:08
Board of Shriram Pistons & Rings recommends interim dividend
Shriram Pistons & Rings announced that the Board of Directors of the Company at its meetin...
Read more
31 Jan 202416:27
Shriram Pistons & Rings to declare Quarterly Result
Shriram Pistons & Rings will hold a meeting of the Board of Directors of the Company on 30...
Read more
19 Jan 202415:13
FAQs for dividends of Shriram Pistons & Rings Ltd
What is the current market price of Shriram Pistons & Rings Ltd Ltd as of July 26, 2024?
What dividend did Shriram Pistons & Rings Ltd declare in the last fiscal year?
What is the most recent dividend declared by Shriram Pistons & Rings Ltd?
How many times has Shriram Pistons & Rings Ltd declared dividends in the current fiscal year
How many times did Shriram Pistons & Rings Ltd declare dividends in the previous fiscal year?
Unlimited trading at just
Rs. 199