Samkrg Pistons & Rings Ltd

Samkrg Pistons & Rings Ltd

₹ 126 10.75%
29 May - close price
About

Incorporated in 1985, Samkrg Pistons and
Rings Ltd does manufacturing of automobile components[1]

Key Points

Business Segments:[1]
a) Company caters to 2-wheeler segment with limited presence in four wheelers
b) In the OEM segment, company has business relationships with established two-wheeler manufacturers and caters to their piston requirements
c) In the replacement market, company operates through a network of dealers and distributors across India

  • Market Cap 123 Cr.
  • Current Price 126
  • High / Low 148 / 100.0
  • Stock P/E 12.7
  • Book Value 206
  • Dividend Yield 0.40 %
  • ROCE 10.1 %
  • ROE 4.92 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Stock is trading at 0.61 times its book value

Cons

  • The company has delivered a poor sales growth of 5.20% over past five years.
  • Company has a low return on equity of 4.91% over last 3 years.
  • Dividend payout has been low at 9.64% of profits over last 3 years
  • Company's cost of borrowing seems high

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Loading peers table ...

Quarterly Results

Figures in Rs. Crores

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
53.49 54.47 64.80 60.49 53.49 57.29 62.02 57.76 66.76 63.97 71.44 66.46 83.97
44.88 49.45 58.87 51.45 44.88 50.27 54.43 50.52 58.88 56.90 62.88 58.10 72.11
Operating Profit 8.61 5.02 5.93 9.04 8.61 7.02 7.59 7.24 7.88 7.07 8.56 8.36 11.86
OPM % 16.10% 9.22% 9.15% 14.94% 16.10% 12.25% 12.24% 12.53% 11.80% 11.05% 11.98% 12.58% 14.12%
0.92 0.21 0.61 0.44 0.92 0.33 0.24 0.32 0.53 0.71 0.68 0.57 0.75
Interest 1.62 0.80 1.24 0.82 1.62 1.25 1.43 1.89 1.60 1.56 2.74 2.41 3.37
Depreciation 4.10 3.00 3.64 2.74 4.10 3.55 3.57 3.58 3.14 3.14 3.20 3.27 4.18
Profit before tax 3.81 1.43 1.66 5.92 3.81 2.55 2.83 2.09 3.67 3.08 3.30 3.25 5.06
Tax % 34.12% 20.98% 21.08% 22.80% 34.12% 25.88% 30.39% -7.18% 105.45% 6.82% 12.73% 52.62% 51.58%
2.51 1.13 1.31 4.57 2.51 1.88 1.97 2.24 -0.19 2.88 2.87 1.54 2.45
EPS in Rs 2.56 1.15 1.33 4.65 2.56 1.91 2.01 2.28 -0.19 2.93 2.92 1.57 2.49
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
228 240 230 261 283 231 222 235 234 245 244 286
194 205 189 220 240 193 186 202 200 214 214 250
Operating Profit 34 35 40 42 43 38 36 33 35 31 30 36
OPM % 15% 15% 18% 16% 15% 17% 16% 14% 15% 13% 12% 12%
0 0 1 2 2 1 1 1 1 2 1 3
Interest 5 2 2 1 1 1 1 2 3 4 6 10
Depreciation 12 12 13 13 12 13 13 13 13 13 14 14
Profit before tax 18 22 27 29 32 26 23 19 19 16 11 15
Tax % 31% 30% 27% 31% 34% 24% 26% 28% 23% 22% 47% 34%
12 16 19 20 21 20 17 14 15 13 6 10
EPS in Rs 12.55 15.99 19.82 20.52 21.42 19.96 17.64 14.13 14.95 12.84 6.01 9.93
Dividend Payout % 24% 25% 23% 24% 23% 25% 28% 18% 17% 16% 8% 5%
Compounded Sales Growth
10 Years: 2%
5 Years: 5%
3 Years: 7%
TTM: 17%
Compounded Profit Growth
10 Years: -5%
5 Years: -11%
3 Years: -13%
TTM: 65%
Stock Price CAGR
10 Years: -2%
5 Years: -6%
3 Years: -3%
1 Year: -10%
Return on Equity
10 Years: 10%
5 Years: 6%
3 Years: 5%
Last Year: 5%

Balance Sheet

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 10 10 10 10 10 10 10 10 10 10 10 10
Reserves 75 82 101 116 131 139 156 165 170 180 184 193
17 17 17 18 22 18 7 21 19 30 58 37
50 60 58 53 47 45 41 28 36 42 44 76
Total Liabilities 152 170 186 197 211 212 213 223 235 262 295 315
101 106 122 134 144 141 137 131 127 142 133 154
CWIP 0 0 0 0 0 0 0 4 5 5 39 23
Investments 0 0 0 0 0 0 0 0 0 0 0 0
51 64 64 62 67 71 77 88 103 115 124 138
Total Assets 152 170 186 197 211 212 213 223 235 262 295 315

Cash Flows

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
32 25 33 27 27 24 20 1 12 21 18
-27 -17 -29 -25 -21 -10 -9 -11 -11 -28 -33
-7 -8 -0 -4 -7 -15 -11 10 -2 8 15
Net Cash Flow -2 0 4 -3 -1 -0 0 -0 -0 1 0
Free Cash Flow 19 9 4 2 6 14 11 -10 2 -7 -21
CFO/OP 109% 89% 103% 88% 90% 82% 70% 16% 43% 71% 62%

Ratios

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 50 59 62 54 54 61 78 71 83 102 83 84
Inventory Days 44 55 59 50 45 88 116 96 108 115
Days Payable 55 57 70 48 39 59 19 33 52 59
Cash Conversion Cycle 39 58 50 55 61 90 78 71 180 166 139 141
Working Capital Days -2 0 -3 4 10 27 60 72 93 79 54 63
ROCE % 21% 23% 24% 23% 22% 16% 14% 11% 11% 10% 7% 10%

Insights

In beta
Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Number of Manufacturing Plants
count

Log in to view insights

Please log in to see hidden values.

Login
Export Sales Share of Revenue
%
Debtors Turnover Ratio
ratio
Export Target (as Share of Production/Turnover)
%
Segment Revenue - OEM
%
Customer Concentration (Top 5 OEMs Share of OEM Revenue)
%
Domestic Revenue Contribution (Pistons/Automobile Components)
%
Segment Revenue - Aftermarket
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
66.88% 66.88% 66.88% 66.88% 66.88% 66.87% 66.87% 66.87% 66.87% 66.87% 66.87% 66.87%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
33.11% 33.11% 33.13% 33.12% 33.11% 33.12% 33.13% 33.13% 33.11% 33.11% 33.12% 33.11%
No. of Shareholders 11,00010,79510,53510,96010,37110,55810,57210,40610,21610,1349,8839,724

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents