Shriram Pistons Key Ratios
NSE: SHRIPISTON | BSE: 544344
₹4,536.90
As on 04-Sep-2026 15:55IST
Market cap
₹21,025 Cr
Revenue (TTM)
₹4,970 Cr
P/E Ratio
37.3
P/B Ratio
5.2
Div. Yield
0.2 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 1.28 | 53.06 | 35.19 | 22.47 | 21.44 |
| EBIT | -5.37 | 25.06 | 21.54 | 22.36 | 29.59 |
| Net Profit | -8.46 | 8.00 | 11.16 | 19.63 | 28.76 |
| EPS | -7.61 | 8.00 | 7.42 | 18.30 | 28.31 |
| Book Value | -- | -- | 21.29 | 23.97 | 20.87 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 16.88 | 14.89 | 15.46 | 16.31 | 17.03 |
| Net Margin
| 13.39 | 11.81 | 11.31 | 12.28 | 14.08 |
| Return on equity
| 23.60 | 21.16 | 21.07 | 21.28 | 23.98 |
| Return on Capital
| 26.10 | 24.34 | -- | 21.33 | 27.37 |
| Return on Assets
| 13.51 | 12.57 | 11.63 | 11.01 | 14.39 |
| Debt to Equity (x)
| -- | -- | 0.41 | 0.65 | 0.20 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shriram Pistons
|
--
|
21.33
|
27.37
|
29.59
|
25.82
|
|
Peer Median
|
--
|
15.30
|
14.95
|
15.81
|
--
|
ROE
21.07
Higher than Peers by 8.18
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shriram Pistons
|
21.07
|
21.28
|
23.98
|
25.55
|
21.27
|
|
Peer Median
|
12.89
|
14.17
|
13.71
|
14.59
|
--
|
ROA
11.63
Higher than Peers by 3.62
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shriram Pistons
|
11.63
|
11.01
|
14.39
|
15.15
|
13.30
|
|
Peer Median
|
8.01
|
7.25
|
7.36
|
7.16
|
--
|
EBIT Margin
15.46
Higher than Peers by 6.56
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shriram Pistons
|
15.46
|
16.31
|
17.03
|
17.30
|
14.01
|
|
Peer Median
|
8.90
|
8.84
|
8.78
|
8.06
|
--
|
Net Margin
11.31
Higher than Peers by 4.46
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shriram Pistons
|
11.31
|
12.28
|
14.08
|
13.82
|
11.06
|
|
Peer Median
|
6.85
|
6.46
|
6.05
|
5.99
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shriram Pistons
|
--
|
15.92
|
17.89
|
17.18
|
14.61
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
35.19
Higher than Peers by 25.05
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shriram Pistons
|
35.19
|
25.60
|
14.91
|
18.40
|
26.38
|
|
Peer Median
|
10.14
|
17.62
|
10.70
|
9.28
|
--
|
EBIT Growth
21.54
Higher than Peers by 9.79
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shriram Pistons
|
21.54
|
20.29
|
13.16
|
46.13
|
80.64
|
|
Peer Median
|
11.75
|
18.11
|
16.60
|
12.38
|
--
|
Net Profit Growth
11.16
Lower than Peers by 3.67
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shriram Pistons
|
11.16
|
8.89
|
17.53
|
49.27
|
79.67
|
|
Peer Median
|
14.83
|
14.01
|
17.23
|
16.60
|
--
|
EPS Growth
7.42
Lower than Peers by 4.21
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shriram Pistons
|
7.42
|
9.04
|
14.49
|
50.81
|
79.41
|
|
Peer Median
|
11.63
|
13.23
|
14.59
|
12.90
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shriram Pistons
|
--
|
21.29
|
24.43
|
26.24
|
21.88
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.41
Higher than Peers by 0.37
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shriram Pistons
|
0.41
|
0.65
|
0.20
|
0.24
|
0.20
|
|
Peer Median
|
0.04
|
0.25
|
0.20
|
0.26
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shriram Pistons
|
--
|
0.20
|
0.10
|
0.10
|
0.07
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.71
Higher than Peers by 0.08
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shriram Pistons
|
1.71
|
1.64
|
2.25
|
2.21
|
2.29
|
|
Peer Median
|
1.63
|
1.56
|
1.65
|
1.50
|
--
|
Quick Ratio
1.33
Higher than Peers by 0.19
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shriram Pistons
|
1.33
|
1.30
|
1.82
|
1.80
|
1.81
|
|
Peer Median
|
1.15
|
1.02
|
1.11
|
1.09
|
--
|
Interest Coverage
9.74
Lower than Peers by 1.35
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shriram Pistons
|
9.74
|
13.07
|
20.84
|
20.34
|
21.37
|
|
Peer Median
|
11.09
|
9.72
|
9.86
|
10.04
|
--
|
Operating Efficiency
Debtors to sales
16.76
Higher than Peers by 0.03
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shriram Pistons
|
16.76
|
18.68
|
16.44
|
15.41
|
15.20
|
|
Peer Median
|
16.73
|
16.76
|
16.73
|
17.94
|
--
|
Asset Turnover
1.01
Lower than Peers by 0.07
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shriram Pistons
|
1.01
|
0.87
|
0.99
|
1.10
|
1.20
|
|
Peer Median
|
1.07
|
1.13
|
1.06
|
1.13
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shriram Pistons
|
--
|
57.99
|
54.48
|
50.07
|
51.56
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shriram Pistons
|
--
|
44.86
|
44.39
|
41.88
|
46.15
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shriram Pistons
|
--
|
99.98
|
97.84
|
99.15
|
104.58
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shriram Pistons
|
--
|
2.87
|
1.03
|
-7.20
|
-6.87
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
37.30
Higher than Peers by 3.19
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shriram Pistons
|
37.30
|
24.03
|
16.41
|
19.52
|
3.78
|
|
Peer Median
|
34.11
|
34.80
|
30.10
|
31.45
|
--
|
Price / Book Value
5.21
Higher than Peers by 0.76
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shriram Pistons
|
5.21
|
4.59
|
3.49
|
4.51
|
1.46
|
|
Peer Median
|
4.45
|
4.45
|
3.44
|
3.71
|
--
|
Dividend Yield
0.22
Lower than Peers by 0.19
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shriram Pistons
|
0.22
|
0.33
|
0.53
|
0.51
|
1.49
|
|
Peer Median
|
0.41
|
0.37
|
0.50
|
0.46
|
--
|
EV/EBITDA
20.85
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shriram Pistons
|
20.85
|
14.27
|
9.26
|
11.32
|
3.69
|
|
Peer Median
|
--
|
27.36
|
21.48
|
24.61
|
--
|
Market Cap
21,025
Higher than Peers by 17,250
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shriram Pistons
|
21,025
|
13,275
|
8,315
|
8,637
|
2,218
|
|
Peer Median
|
3,775
|
3,582
|
2,631
|
1,798
|
--
|