Samkrg Pistons & Rings Ltd
SAMK

Samkrg Pistons & Rings Ltd (520075)

₹148.31.12%

Key Stats

₹145
Day's Price Range
₹151.65
₹123.6
52-Week Price Range
₹194.5
1 Month Return-4.53 %
3 Month Return9.8 %
1 Year Return-11.79 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 463
EPS
Rank 467
BVPS
Rank 542
Dividend Yield
Rank 185
ROE
Rank 334
8.22%
Price To Book Ratio
Rank 365
Debt To Asset
Rank 529

Company Information

Samkrg commenced its operation in 1988 initially faced astronomous problems and a recession in the auto industry. However improved performance helped the company turn around in the year 199394. Samkrg is the major supplier to Bajaj Auto LML Kinetic Honda TVS Motors Kinetic Engineering and Maharashtra Scooters. OEM customer contribute 8595 to its sales while the rest is accounted for the replacement market.The company concentrates on high valueadded and importsubstitute products. It has successfully developed sophisticated piston ring assemblies to meet the requirements of highly fuelefficient twowheelers in piston ring materials like IKA and ductile iron KVI in accordance with DIN JIS specifications.During the year 199899 the company successfully developed sophisticated piston assembles to meet the requiremens of highly fuel efficient and meeting pollution norms of Biwheelers Four wheelers for Tractors and Stationary Engines and also pistion rings. The company has expanded its pistons plant located at Arinama Akkivalasa in the year 19992000 from half million to one million per annum. This expansion is fully financed by internal accruals and loans from Financial Institutions.To supply piston and piston rings the company has entered into an agreement with M/s Honda Motorcycles and Scooter India. The company has been using the Japanese experts for upgradation of technology of Piston Rings and Pistons for four stroke vehicles. Samkrg is set to extend its product range for diesel engines of tractors and LVCs.In the year 200102 the installed capacity of Pistons Piston Rings Piston Pins was increased to 50 Million nos 100 Million nos 50 million nos respectively with an additioal investment of Rs.6.43 crores.Samkrg is supplying Pistons Piston Rings for PiaggioItaly for their Two and Three Wheelers and developing for Four stroke motor cycles and TecumsehEuropa for Four stroke small engines in 200203.
OrganisationSamkrg Pistons & Rings Ltd
HeadquartersHyderabad
IndustryAuto Ancillaries