Shriram Pistons & Rings Ltd
Shriram Pistons & Rings Ltd (SHRIPISTON)

Shriram Pistons & Rings Ltd (SHRIPISTON)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-2.38 %
3 Month Return16.77 %
1 Year Return-18.6 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 78
Rank 20
Rank 24
Dividend Yield
Rank 125
Rank 211
Price To Book Ratio
Rank 112
Debt To Asset
Rank 419

Company Information

Indias largest exporter of pistons and rings Shriram Pistons Rings is situated in Ghaziabad Uttar Pradesh. For pistons the company has tied up with Kolbenschmidt Germany the sole suppliers for BMW Mercedes Benz Volkswagen Ford Volvo Peugeot etc. It also has a technical tieup with Honda Foundry Company Japan for Hondamodel pistons. Shriram has a dedicated production line for Maruti Udyog.The company regularly exports pistons piston pins and rings and engine valves to Germany Britain Holland Belgium Greece Egypt west Asia central Asian Republics South America and Australia among others.In 199495 the company received the ISO 9001 certification from RW TUV Germany for its pistons/pins/rings division and marketing functions of the company. The company diversified into the manufacture of steel rings and Rikvent oilcontrol rings. It had set up manufacturing facilities for steel rings in collaboration with Riken Corporation Japan as also expanded its piston capacity. Steel ring plant and the expanded capacity of pistons were commissioned in 1995.The company meets the total requirements of pistons for the Honda joint ventures in India. During 199697 its Piston Plant capacity was expanded by setting up an additional machining line to manufacture Gasoline pistons. Engine Valve plant capacity expansion was also implemented during the year.During 199798 the company received the recognition of a Export House also the Best Vendor award from Maruti Udyog Ltd. SPRL has received QS9000 accredition from RWTUV Germany during 199899. It also received the ACMA Quality Award and the Best Performing Supplier Award from Tata Cummins Ltd and Certificate of Export Excellence from Engineering Export Promotion Council in the year 19992000.The company has received ISO14001 certification from DNV Netherlands for Environmental Management System Standard.The company is planning to develop new models of pistons/new designs to achieve better productivitybetter consumer acceptance. The company has introduced New models/pistons/piston ringspins/engine valves. It has expanded the installed capacity of Piston Ring Works during 200203.
OrganisationShriram Pistons & Rings Ltd
HeadquartersNew Delhi
IndustryAuto Ancillaries