SPR Auto Technologies (SHRIPISTON) Q3 24/25 earnings summary

Executive summary

• Achieved highest-ever consolidated total income for Q3 and nine months FY 2025, with 11.5% and 15.3% year-on-year growth, respectively.

• Outperformed the overall auto industry, which grew at low single digits, with strong growth in the two-wheeler segment and muted performance in passenger vehicles.

• Expanded product portfolio and geographic reach through new products, acquisitions, and technology partnerships.

• Completed acquisition of TGPEL Precision Engineering, complementing previous acquisition of SPR Takahata, enhancing presence in precision plastic injection molding.

• Board declared an interim dividend of INR 5 per share (50% of face value) due to improved performance.

Financial highlights

• Q3 FY 2025 consolidated total income: INR 8,751 million, up 11.5% year-on-year; EBITDA: INR 1,978 million, up 9.6%; EBITDA margin: 22.6%.

• Q3 FY 2025 PAT: INR 1,210 million, up 12.3% year-on-year; cash PAT: INR 1,518 million, up 11%.

• Nine months FY 2025 consolidated total income: INR 26,454 million, up 15.3% year-on-year; EBITDA: INR 5,979 million, up 13.6%; EBITDA margin: 22.6%.

• Standalone Q3 FY 2025 total income: INR 7,956 million, up 9.4% year-on-year; EBITDA: INR 1,889 million, up 8.8%; EBITDA margin: 23.7%.

• Standalone Q3 FY 2025 PAT: INR 1,204 million, up 11.3%; PAT margin: 15.1%.

Outlook and guidance

• Confident in long-term growth of Indian auto industry, supported by government initiatives and transition to greener alternatives.

• Expecting all powertrain technologies to coexist, with ICE engines remaining significant even as EV penetration rises.

• Anticipate recovery in export markets affected by geopolitical tensions and high energy costs.

• Aftermarket and non-automotive segments expected to continue growing, with aftermarket business showing strong performance.

• Recent acquisitions and capital infusion expected to support future growth.