SPR Auto Technologies (SHRIPISTON) Q4 25/26 earnings summary

Executive summary

• Achieved record consolidated total income of INR 45,713 million in FY26, up 25% year-over-year, with highest-ever EBITDA of INR 9,885 million, up 18% year-over-year, and PAT up 9% despite non-recurring statutory expenses impacting margins.

• Growth driven by strategic initiatives, strong recovery in automotive demand, favorable macroeconomic factors, and major acquisitions expanding into automotive interiors, lighting, and tool manufacturing.

• Transitioned to SPR Auto Technologies Limited, reflecting a broader strategic vision and expansion into new product domains.

• Powertrain-agnostic businesses contributed over 35% of consolidated income in Q4; 60% of business now not directly impacted by powertrain changes.

• Maintained industry-leading EBITDA margins and robust return ratios, supported by operational excellence and sustainability initiatives.

Financial highlights

• Consolidated total income grew 25% year-over-year to INR 45,713 million; consolidated EBITDA reached INR 9,885 million with a margin of 21.6% in FY26.

• Standalone total income rose 10% year-over-year to INR 36,261 million; standalone PAT increased 3% to INR 5,137 million.

• Consolidated net profit after tax for FY26 was INR 5,614 million, compared to INR 5,155 million in FY25.

• Legacy business grew 10-11% year-over-year, outpacing the overall market growth of 6-7%.

• Interim and final dividends of INR 5 per share each were paid/recommended.

Outlook and guidance

• Healthy growth pipeline across all segments, with strong customer engagement in hybrid and EV programs extending to 2029-2030.

• Continued investments in capacity expansion and technology to meet rising demand and maintain competitive edge.

• Expects to maintain or improve group profitability through synergies and operational efficiencies.

• Export growth expected to resume as global conditions stabilize.

• Board approved fund raising up to INR 10,000 million via QIP, mainly for debt repayment, capex, and general corporate purposes.