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

Executive summary

• Achieved record consolidated total income and profits for Q3 and nine months FY 2025, with strong year-on-year growth across all key metrics and outperformance of the broader auto industry.

• Expanded product portfolio and market reach through strategic acquisitions, including 100% stake in TGEPL Precision Engineering and other precision engineering and EV-related businesses.

• Approved unaudited standalone and consolidated financial results for Q3 and nine months ended December 31, 2024, with board review and interim dividend declaration.

Financial highlights

• Consolidated total income for Q3 FY25: INR 8,751 million (+11.5% YoY); nine months FY25: INR 26,454 million (+15.3% YoY); consolidated Q3 net profit: INR 1,210 million (+12.3% YoY).

• Standalone Q3 FY25 income: INR 7,956 million (+9.4% YoY); standalone net profit: INR 1,203.5 million (+11.3% YoY).

• EBITDA margin for Q3 FY25: 22.6% (consolidated); 23.7% (standalone); nine months FY25: 22.6% (consolidated), 23.5% (standalone).

• Interim dividend of INR 5 per share (50% of face value) declared for FY 2024-25.

• Cash and cash equivalents increased to INR 9,777 million as of September 2024.

Outlook and guidance

• Positive on long-term domestic industry prospects, expecting recovery in exports and continued growth in aftermarket and new business segments, including EV and precision engineering.

• Anticipates coexistence of all powertrain technologies, with ICE engines remaining significant as EV penetration rises.

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