SHRIPISTON2025-01-012025-03-31SHRIPISTON2025-03-31SHRIPISTON2024-03-31SHRIPISTON2024-04-012025-03-31SHRIPISTON2025-01-012025-03-31in-capmkt:OtherExpenses1MemberSHRIPISTON2024-04-012025-03-31in-capmkt:OtherExpenses1MemberSHRIPISTON2025-01-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss1SHRIPISTON2024-04-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss1SHRIPISTON2025-01-012025-03-31ItemsThatWillBeReclassifiedToProfitAndLoss1SHRIPISTON2024-04-012025-03-31ItemsThatWillBeReclassifiedToProfitAndLoss1SHRIPISTON2025-01-012025-03-31AuditorDomain1iso4217:INRxbrli:pureiso4217:INRxbrli:shares544344SHRIPISTONNOTLISTEDINE526E01018SHRIRAM PISTONS & RINGS LIMITEDMain BoardEquity2024-04-012025-03-312025-05-072025-05-01INRLakhsQuarterlyFourth quarterSingle segmentAutomotive Segment2025-05-0716:30:002025-05-0717:45:00trueCash Flow IndirectDeclaration of unmodified opinion2025-01-012025-03-31AuditedConsolidated98837000002742000001015790000039667000002570000007820000013244000008400000028290000021540000008147200000201070000002010700000500500000-520000049530000001515400000000015154000002380000015392000001465500000499000001489300000499000004405000001033.2733.270033.2733.270.00120.11780.28211The Group deals primarily in automotive component segment <BR> <BR> 2The above results have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard referred to as IND AS 34 Interim Financial reporting prescribed under Section 133 of the Companies Act 2013 read with the relevant rules made thereunder <BR> <BR> 3The Holding Company has infused Rs 23000 lacs on December 19 2024 and Rs. 2000 lacs on March 04 2025 by way of subscription to equity share capital in SPR Engenious Limited SEL its wholly-owned subsidiary <BR> <BR> 4Pursuant to share purchase agreement dated December 10 2024 the Holding Company acquired 100% shareholding in SPR TGPEL Precision Engineering Limited formerly TGPEL Precision Engineering Limited through its wholly-owned subsidiary SEL <BR> <BR> The total purchase consideration of Rs 21762 lacs based on fair values has been allocated as below: <BR> <BR> Particulars Amount Rs.Lacs <BR> Property, plant and equipment PPE <BR> including right of use assets and capital work-in-progress 12995 <BR> Net working capital 673 <BR> Customer relationships 1572 <BR> Non-competent agreement 50 <BR> Goodwill 6472 <BR> Total 21,762 <BR> <BR> The excess of the purchase consideration paid over the fair value of assets acquired has been attributed to goodwill <BR> <BR> Deferred tax liability of Rs. 2238 lacs has been recognized on the identified intangibles and the fair value of PPE leading to an increase in goodwill by the same amount. The same is in addition to the goodwill recognized above. <BR> <BR> 5BSE Ltd. vide its Notice No 20250131 51 dated January 31 2025 has notified that the Holding Companys 44049824 equity shares face value of Rs 10 each fully paid-up will be listed and admitted for trading on BSE wef Tuesday February 04 2025 under the scrip code 544344 <BR> <BR> 6On March 07 2025, the Holding Company has entered into a Share Purchase Agreement with existing shareholders of Karna Intertech Private Limited Karna to acquire 100% equity stake in Karna for Rs 500 lacs. Accordingly the Holding Company has acquired 100percent equity shareholding in Karna on April 01 2025 and Karna has become a wholly owned subsidiary of the Holding Company <BR> <BR> 7 SPR Takahata Precision India Private Limited and SPR TGPEL Precision Engineering Limited were acquired on October 16 2023 and December 24 2024 respectively. Hence the financial results for the quarter or period ended March 2025 are not comparable with corresponding quarter or period of previous year. <BR> <BR> 8The Board of Directors of the Holding Company has recommended a final dividend at 50 percent ie Rs 5 on each equity share of the nominal value of Rs 10 each for the financial year ending March 31 2025 subject to approval of the shareholders at the ensuing Annual General Meeting. <BR> <BR> 9The above results were reviewed and recommended by Audit Committee in its meeting held on May 07 2025 and taken on record by Board of Directors in its meeting held on May 07 2025. <BR> <BR> 10The figures for the quarter ended March 31 2025 and March 31 2024 are balancing figures between audited figures in respect of full financial years and the unaudited published year to date figures up to the third quarter ended for respective financial years <BR> <BR> 11Figures of previous periods have been regrouped wherever necessary, to correspond with the figures of the current period. Further the impact of such reclassifications is not material to the Group2024-04-012025-03-31AuditedConsolidated3549830000011140000003661230000014360600000858600000-342600000513820000034350000011968000008240600000297957000006816600000068166000001730400000-69400000166100000005155600000000051556000005260000052082000005066800000888000005120400000878000004405000001023553100000115.02115.0200115.02115.020.00120.11780.2821Debt service coverage ratio is 0.1178 timesInterest service coverage ratio is 0.2821 timesOther Expenses2154000000Other Expenses824060000077066000005781000001335100000107700000010000000012000000032319000003451900000643000002727000001448570000047232000002632000005837200000420700000100952000003000000049200000017138300000942200000228037000003728940000044050000023496100000239366000001036500000249731000001736900000374400000211130000038890000060370000031039000003045300000198200000390890000041071000001215200000836760000056400000017240000010840000092124000001231630000037289400000343500000-746300000-86340000000-103600000-140300000004885000000-5060000001196800000000019400000-2150000008250000000-6760000000-1220000000-782300000603430000000016907000000434360000002091000000052000000000061000000171650000000025800000000000000000007455000000-768600000-384740000000000000767200000357400000595000004405000003435000000-176700000-610400000-1142000000-114200000534900000420700000Remeasurements of the post employment defined benefit plans2190000021900000Remeasurements of the post employment defined benefit plans5990000059900000480000015000000Fair value change of cash flow hedge89000008900000Fair value change of cash flow hedge1030000010300000220000026000002380000052600000AuditedtrueWalker Chandiok & Co LLPtrue2025-05-31