Shriram Pistons & Rings Limited (SHRIPISTON) - Net Assets
Based on the latest financial reports, Shriram Pistons & Rings Limited (SHRIPISTON) has net assets worth Rs30.18 Billion INR (≈ $326.41 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs61.53 Billion ≈ $665.38 Million USD) and total liabilities (Rs31.34 Billion ≈ $338.97 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check SHRIPISTON PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs30.18 Billion |
| % of Total Assets | 49.06% |
| Annual Growth Rate | 14.83% |
| 5-Year Change | 140.49% |
| 10-Year Change | 279.94% |
| Growth Volatility | 7.64 |
Shriram Pistons & Rings Limited - Net Assets Trend (2013–2026)
This chart illustrates how Shriram Pistons & Rings Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see SHRIPISTON company net worth.
Annual Net Assets for Shriram Pistons & Rings Limited (2013–2026)
The table below shows the annual net assets of Shriram Pistons & Rings Limited from 2013 to 2026. Also explore SHRIPISTON net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs30.18 Billion ≈ $326.41 Million |
+20.86% |
| 2025-03-31 | Rs24.97 Billion ≈ $270.07 Million |
+23.60% |
| 2024-03-31 | Rs20.21 Billion ≈ $218.51 Million |
+31.07% |
| 2023-03-31 | Rs15.42 Billion ≈ $166.71 Million |
+22.83% |
| 2022-03-31 | Rs12.55 Billion ≈ $135.73 Million |
+9.31% |
| 2021-03-31 | Rs11.48 Billion ≈ $124.17 Million |
+7.25% |
| 2020-03-31 | Rs10.71 Billion ≈ $115.77 Million |
+1.44% |
| 2019-03-31 | Rs10.55 Billion ≈ $114.13 Million |
+15.55% |
| 2018-03-31 | Rs9.13 Billion ≈ $98.77 Million |
+14.97% |
| 2017-03-31 | Rs7.94 Billion ≈ $85.91 Million |
+15.27% |
| 2016-03-31 | Rs6.89 Billion ≈ $74.53 Million |
+13.50% |
| 2015-03-31 | Rs6.07 Billion ≈ $65.67 Million |
+8.44% |
| 2014-03-31 | Rs5.60 Billion ≈ $60.55 Million |
+11.91% |
| 2013-03-31 | Rs5.00 Billion ≈ $54.11 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shriram Pistons & Rings Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs440.00 Million | 1.52% |
| Other Components | Rs28.57 Billion | 98.48% |
| Total Equity | Rs29.01 Billion | 100.00% |
Shriram Pistons & Rings Limited Competitors by Market Cap
The table below lists competitors of Shriram Pistons & Rings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BioCryst Pharmaceuticals Inc
NASDAQ:BCRX
|
$2.18 Billion |
|
TAG Immobilien AG
XETRA:TEG
|
$2.18 Billion |
|
StoneCo Ltd
NASDAQ:STNE
|
$2.18 Billion |
|
Ströer SE & Co. KGaA
F:SAX
|
$2.18 Billion |
|
Sumec Corp Ltd
SHG:600710
|
$2.18 Billion |
|
ODFJELL DRILL.LTD. DL-01
F:OD3
|
$2.18 Billion |
|
Henan Yuguang Gold & Lead Co Ltd
SHG:600531
|
$2.18 Billion |
|
Monadelphous Group Ltd
AU:MND
|
$2.18 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shriram Pistons & Rings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 23,936,600,000 to 29,010,000,000, a change of 5,073,400,000 (21.2%).
- Net income of 5,525,000,000 contributed positively to equity growth.
- Dividend payments of 440,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 23,496,100,000.
- Other factors increased equity by 23,484,500,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs5.53 Billion | +19.05% |
| Dividends Paid | Rs440.00 Million | -1.52% |
| Other Comprehensive Income | Rs-23.50 Billion | -80.99% |
| Other Changes | Rs23.48 Billion | +80.95% |
| Total Change | Rs- | 21.20% |
Book Value vs Market Value Analysis
This analysis compares Shriram Pistons & Rings Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 6.95x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 40.93x to 6.95x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | Rs111.83 | Rs4576.60 | x |
| 2014-03-31 | Rs125.14 | Rs4576.60 | x |
| 2015-03-31 | Rs135.72 | Rs4576.60 | x |
| 2016-03-31 | Rs154.04 | Rs4576.60 | x |
| 2017-03-31 | Rs177.54 | Rs4576.60 | x |
| 2018-03-31 | Rs204.11 | Rs4576.60 | x |
| 2019-03-31 | Rs235.88 | Rs4576.60 | x |
| 2020-03-31 | Rs239.25 | Rs4576.60 | x |
| 2021-03-31 | Rs256.60 | Rs4576.60 | x |
| 2022-03-31 | Rs280.49 | Rs4576.60 | x |
| 2023-03-31 | Rs346.83 | Rs4576.60 | x |
| 2024-03-31 | Rs437.16 | Rs4576.60 | x |
| 2025-03-31 | Rs543.38 | Rs4576.60 | x |
| 2026-03-31 | Rs658.60 | Rs4576.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shriram Pistons & Rings Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 19.05%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.39%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 2.12x
- Recent ROE (19.05%) is above the historical average (14.15%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 9.78% | 4.65% | 0.89x | 2.36x | Rs-10.85 Million |
| 2014 | 12.44% | 5.95% | 0.98x | 2.13x | Rs136.62 Million |
| 2015 | 9.44% | 4.61% | 1.05x | 1.96x | Rs-34.02 Million |
| 2016 | 13.30% | 6.58% | 1.12x | 1.81x | Rs227.17 Million |
| 2017 | 14.87% | 8.21% | 1.06x | 1.71x | Rs386.61 Million |
| 2018 | 15.21% | 8.19% | 1.14x | 1.63x | Rs475.57 Million |
| 2019 | 13.12% | 7.22% | 1.22x | 1.49x | Rs329.19 Million |
| 2020 | 6.82% | 4.63% | 1.01x | 1.46x | Rs-340.14 Million |
| 2021 | 7.73% | 5.65% | 0.92x | 1.48x | Rs-260.64 Million |
| 2022 | 13.03% | 8.08% | 1.09x | 1.47x | Rs380.62 Million |
| 2023 | 19.21% | 11.44% | 1.08x | 1.55x | Rs1.41 Billion |
| 2024 | 22.98% | 14.54% | 0.97x | 1.63x | Rs2.50 Billion |
| 2025 | 21.17% | 14.49% | 0.94x | 1.56x | Rs2.67 Billion |
| 2026 | 19.05% | 12.39% | 0.72x | 2.12x | Rs2.62 Billion |
Industry Comparison
This section compares Shriram Pistons & Rings Limited's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $13,851,567,129
- Average return on equity (ROE) among peers: 13.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shriram Pistons & Rings Limited (SHRIPISTON) | Rs30.18 Billion | 9.78% | 1.04x | $2.18 Billion |
| Asahi India Glass Limited (ASAHIINDIA) | $14.24 Billion | 9.35% | 1.65x | $2.65 Billion |
| ASK AUTOMOTIVE LIMITED (ASKAUTOLTD) | $6.32 Billion | 13.08% | 0.75x | $1.40 Billion |
| Balkrishna Industries Limited (BALKRISIND) | $11.10 Billion | 23.93% | 2.01x | $4.74 Billion |
| Banco Products (I) Limited (BANCOINDIA) | $3.52 Billion | 18.62% | 0.78x | $934.32 Million |
| Bharat Gears Limited (BHARATGEAR) | $758.48 Million | 0.78% | 2.84x | $16.69 Million |
| Bosch Limited (BOSCHLTD) | $55.73 Billion | 17.19% | 0.42x | $14.99 Billion |
| CEAT Limited (CEATLTD) | $20.97 Billion | 20.87% | 0.97x | $1.51 Billion |
| CIE Automotive India Limited (CIEINDIA) | $8.72 Billion | 5.87% | 1.33x | $1.59 Billion |
| Craftsman Automation Limited (CRAFTSMAN) | $11.36 Billion | 14.36% | 1.36x | $3.15 Billion |
| Divgi Torqtransfer Systems Limited (DIVGIITTS) | $5.80 Billion | 6.85% | 0.11x | $373.81 Million |
About Shriram Pistons & Rings Limited
SPR Auto Technologies Limited manufactures and sells automotive components in India. The company offers pistons, piston pins, piston rings, and engine valves. It also provides cylinder liners; crankshafts; connecting rods; cylinder heads; lubricating oils, fuel, air, cabin, and hydraulic filters; and gaskets, such as copper asbestos copper, aluminium asbestos aluminium, multilayer steel, asbestos… Read more