SPR Auto Technologies (SHRIPISTON) Q4 25/26 earnings summary

Executive summary

• Achieved record consolidated total income of INR 4,521 crores (Rs. 45,713 million) in FY26, up 25% year-over-year, and highest-ever EBITDA of INR 989 crores (Rs. 9,885 million), up 18% year-over-year, with PAT up 9% to Rs. 5,614 million despite non-recurring statutory expenses impacting margins.

• Growth driven by strategic initiatives, major acquisitions in automotive interiors and lighting, and strong domestic demand recovery post-GST 2.0 and tax reforms.

• Transitioned to a multi-product, multi-domain auto component supplier, with powertrain-agnostic businesses now contributing 60% of consolidated income in Q4.

• Maintained industry-leading EBITDA margins and robust return ratios, supported by operational excellence, sustainability initiatives, and multiple ESG awards.

• Audited standalone and consolidated financial results for FY26 were approved, with unmodified audit opinions from statutory auditors.

Financial highlights

• Consolidated total income reached INR 4,521 crores (Rs. 45,713 million), a 25% year-over-year increase; consolidated EBITDA rose to INR 989 crores (Rs. 9,885 million), up 18% year-over-year.

• Consolidated net profit after tax for FY26 was Rs. 5,614 million, compared to Rs. 5,155 million in FY25.

• Legacy business grew 10-11% year-over-year, outpacing the overall market growth of 6-7%.

• Export business grew by 1.5% despite challenging global conditions.

• Interim and final dividends of INR 5 per share each recommended/paid.

Outlook and guidance

• Healthy growth expected across all segments, with strong pipeline in hybrid and EV programs extending to 2029-2030.

• CapEx of around INR 200 crores per year planned for the next two to three years to support expansion.

• Margin improvement in acquired businesses targeted within three years, leveraging synergies and technology integration.

• Board approved fund raising up to Rs. 10,000 million via QIP, mainly for debt repayment, capex, and general corporate purposes.