SPR Auto Technologies
Quarter ended June 2026 compared with Quarter ended June 2025.
Net sales (including other operating income) of SPR Auto Technologies has increased 53.06% to Rs 1474.4 crore. Operating profit margin has declined from 20.25% to 17.50%, leading to 32.24% rise in operating profit to Rs 258.00 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 41.49% to 50.57%. Purchase of finished goods cost fell from 2.10% to 1.56%. Employee cost decreased from 14.41% to 11.18%. Other expenses fell from 22.25% to 19.60%.
Other income fell 12.68% to Rs 24.8 crore. PBIDT rose 26.53% to Rs 282.8 crore. Provision for interest rose 280% to Rs 34.2 crore.
PBDT rose 15.90% to Rs 248.6 crore. Provision for depreciation rose 69.52% to Rs 53.4 crore.
Profit before tax grew 6.67% to Rs 195.20 crore. Share of profit/loss were nil in both the periods. Provision for tax was expense of Rs 47.5 crore, compared to Rs 48.1 crore. Effective tax rate was 24.33% compared to 26.28%.
Minority interest increased 175% to Rs 3.30 crore. Net profit attributable to owners of the company increased 8% to Rs 144.40 crore.Promoters? stake was 43.75% as of 30 June 2026 ,compared to 43.75% as of 30 June 2025 .
Full year results analysis.
Net sales (including other operating income) of SPR Auto Technologies has increased 25.60% to Rs 4458.7 crore. Operating profit margin has declined from 20.40% to 19.64%, leading to 20.93% rise in operating profit to Rs 875.80 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 40.07% to 44.47%. Purchase of finished goods cost fell from 2.40% to 1.93%. Employee cost decreased from 14.34% to 12.86%. Other expenses fell from 22.99% to 21.20%.
Other income rose 1.08% to Rs 112.6 crore. PBIDT rose 18.29% to Rs 988.4 crore. Provision for interest rose 81.34% to Rs 62.2 crore. Loan funds rose to Rs 1,968.50 crore as of 31 March 2026 from Rs 507.80 crore as of 31 March 2025. Inventories rose to Rs 623.70 crore as of 31 March 2026 from Rs 472.30 crore as of 31 March 2025. Sundry debtors were higher at Rs 833.00 crore as of 31 March 2026 compared to Rs 583.70 crore as of 31 March 2025. Cash and bank balance declined from Rs 1,051.60 crore as of 31 March 2025 to Rs 1,035.80 crore as of 31 March 2026. Investments rose to Rs 134.80 crore as of 31 March 2026 from Rs 36.30 crore as of 31 March 2025 .
PBDT rose 15.59% to Rs 926.2 crore. Provision for depreciation rose 24.14% to Rs 148.6 crore. Fixed assets increased to Rs 1,377.20 crore as of 31 March 2026 from Rs 1,127.60 crore as of 31 March 2025. Intangible assets increased from Rs 133.50 crore to Rs 1,694.80 crore.
Profit before tax grew 14.08% to Rs 777.60 crore. Share of profit/loss were nil in both the periods. Provision for tax was expense of Rs 189.1 crore, compared to Rs 166.1 crore. Effective tax rate was 25.20% compared to 24.37%.
Net profit attributable to owners of the company increased 9.06% to Rs 552.50 crore.
Equity capital stood at Rs 44.00 crore as of 31 March 2026 to Rs 44.00 crore as of 31 March 2025. Per share face Value remained same at Rs 10.00.
Promoters? stake was 43.75% as of 31 March 2026 ,compared to 43.75% as of 31 March 2025 .
Cash flow from operating activities increased to Rs 625.00 crore for year ended March 2026 from Rs 434.40 crore for year ended March 2025. Cash flow used in acquiring fixed assets during the year ended March 2026 stood at Rs 191.30 crore, compared to Rs 174.30 crore during the year ended March 2025.
Other Highlights
In Q1 FY27, geopolitical tensions disrupted supply chains and increased commodity prices, impacting EBITDA by Rs 30 crore. In Q1 FY27, higher finance costs due to the Antolin acquisition impacted earnings but are expected to normalize as the debt is repaid.Management Comments :
Mr. Krishnakumar Srinivasan, Managing Director & CEO, said: ?I am pleased to share that SPR Auto Technologies has commenced FY27 on a strong and encouraging note, sustaining the growth momentum witnessed over the past few quarters. The Company delivered this strong performance despite an adverse industry environment during the quarter, marked by heightened geopolitical tensions, supply-chain disruptions, increasing raw material costs, and broader macroeconomic uncertainties. In spite of these headwinds, the Indian automotive industry remained resilient, recording double-digit domestic sales growth in Q1FY27. During the quarter, the Company has delivered a strong performance, notwithstanding the external issues faced by the industry. Consolidated Total Income grew by 51% YoY in Q1FY27, while Consolidated EBITDA increased by 27% YoY, highlighting the strength of SPR?s diversified business model and the effectiveness of our disciplined execution strategies. SPR continues to reinforce its market leadership in legacy products, while gaining steady traction in its powertrain-agnostic businesses, underpinned by deep-rooted customer relationships, operational excellence and a focussed strategic approach. The company has also maintained its leading position in the exports market, driven by increased penetration in newer segments and geographies. The Company is also progressing well with the integration of its recently acquired Auto Interior Solutions & Lighting businesses, implementing key processes to drive operational synergies and support long-term value creation. During the quarter, the Company continued to advance its capacity expansion plans, by completing the acquisition of the piston manufacturing lines from Sunbeam Lightweighting Solutions Pvt. Ltd. This strategic acquisition is expected to augment SPR?s piston manufacturing capacity, enhance operational efficiency, and further strengthen its legacy business. Looking ahead, we remain optimistic about SPR?s growth prospects, supported by a resilient core business, expanding powertrain-agnostic portfolio, and continued focus on operational excellence. With a focussed approach to execution and a future-ready business model, we are confident of sustaining our growth momentum and creating long-term value for all stakeholders.?
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