Samkrg Pistons & Rings Ltd
NSE: BSE: 520075
₹127
(-0.39%)
Wed, 25 Feb 2026, 07:49 am
Market Cap1.23B
PE Ratio17.57
Dividend0.40
Producer Manufacturing
Auto Parts: OEM
24.5KCompany History
1985
- The Company was incorporated on 30th March, at Hyderabad as a public limited company.
- The Company obtained the Certificate of Commencement of Business on 18th July, 1985.
- The Company was promoted by R.J. Yata and S.D.M. Rao alongwith Andhra Pradesh Industrial Development Corporation Ltd. (APIDC).
- The Company entered into a technical collaboration agreement with Cheng Shing Piston Co., Ltd., Taiwan (Cheng Shing) to manufacture pistons and piston rings.
- The Company undertook a project to set up a plant at Bonthapalli in Medak district of Andhra Pradesh for the manufacture of six lakh piston and piston pins per annum.
- The Company installed two generators having total capacity of 250 KVA as a standby arrangement.
1987
- 10,30,000 shares were taken by promoters and 2,00,000 shares were allotted to APIDC.
1988
- Two of the three production lines were commissioned on 20th October.
- The Company developed 21 models of piston assemblies with 80 ranges and established supplies to original equipment manufacturers of two wheelers & stationery engines of Japanese/Italian/European technologies.
- The Company successfully developed piston assemblies for Kinetic Honda Scooters, LML Vespa Scooters, Hero Honda motor cycles and Birla Yamaha generators.
- 14,00,000 shares were issued at par of which the following shares were reserved for preferential allotment.
- 2,80,000 shares were reserved for NRIs on repatriation basis and 1,32,500 shares were reserved for employees/workers of the Company.
- The balance 9,88,500 shares, along with the unsubscribed portion of 3,88,900 shares out of preferential quota were offered for public subscription in December 1988.
- Additional 2,06,200 shares were allotted to the public to retain oversubscription.
1992
- 1,40,000 No. of equity shares were issued at par to promoters, directors etc. on conversion of unsecured loans.
- 35,70,800 rights equity shares were issued (Prop. 1:1).
- New piston ring assemblies were developed for Kinetic Honda, Bajaj Scooters and 3 Wheelers, LML, TVS and Piston assemblies for Bajaj 125cc, TVS 100cc, LML and KG 8T for Kinetic Honda and Piaggio for export.
1993
- The Company achieved 99% capacity utilisation for pistons.
- New piston ring assemblies were developed for Kinetic Honda, Bajaj Scooters and 3 Wheelers, LML, TVS and Piston assemblies for Bajaj 125cc, TVS 100cc, LML and KG 8T for Kinetic Honda and Piaggio for export.
1994
- The Company successfully developed sophisticated piston ring assemblies to meet the requirements of highly fuel efficient Bi-wheelers as per DIN and JIS specifications like IKA and DUCTILE IRON (KVI) and supplies to world denouned Bi-wheelers companies.
1995
- The Company achieved 141% capacity utilization of piston plant.
- The Company developed sophisticated piston ring assemblies to meet the requirements of highly fuel efficient Bi-wheelers as per DIN & JIS specifications like IKA and DUCTILE IRON (KVI) and supplied to world denounced Bi-wheelers companies.
- The Company expanded its Piston plant capacity from 6 lakh Nos. to 9 lakh Nos. per annum.
- The Company allotted 1,40,000 No. of equity shares at par to promoters and their relatives in lieu of interest free unsecured loans outstanding from them.
- The Company issued 29,76,200 No. of equity shares at par as rights in the proportions of 1:1.
- The Company issued 1,48,810 No. of equity shares to the employees of the Company.
- The Company issued 4,46,300 shares to retain oversubscription.
- The Company issued 32,73,500 rights shares in prop. 1:2.
1996
- The Company achieved 111% capacity utilisation and successfully developed sophisticated piston assemblies and piston rings to meet the requirements of highly fuel efficient engines meeting pollution norms of Bi-wheelers.
- The Company expanded its Piston plant capacity located at Bonthapally from 9 lakh Piston Assemblies to 14.5 lakhs Piston Assemblies per annum.
- The Company set up another piston plant with a capacity of 5.50 lakh piston assemblies per annum located at Arinama Akkivalasa, Srikakulam - A.P.
1997
- The Company achieved 101% capacity utilisation of piston plant.
1998
- The Company expanded its Rings Plant located at Phdibhimavaram achieving a 81% capacity utilisation.
2001
- Samkrg Pistons and Rings Ltd entered into a supply agreement with Honda Motorcycles and Scooter India (P) Ltd.
2004
- Samkrg Pistons and Rings Ltd was certified for Quality Management System (QMS) under ISO/TS 16949:2002 by Underwriter Laboratories Inc of the US.
2005
- Samkrg Pistons recommended dividend 50%.
2006
- Samkrg Pistons recommended Dividend 30%.
2007
- Samkrg Pistons recommended Dividend 35%.
2008
- Samkrg Pistons recommended Dividend 35%.
2009
- Samkrg Pistons was accredited with ISO 14001 : 2004 for Environmental Management System and BSI - OHSAS 18001: 2007 for Occupational Health and Safety Management System.
2010
- Samkrg Pistons recommended Dividend 40%.
2011
- Samkrg Pistons recommended Dividend 45%.
2012
- Samkrg Pistons recommended Dividend 35%.
2013
- The Board recommended a Dividend 25% i.e. Rs. 2.50 per equity share for the year 2013.
2014
- The Board recommended a Dividend of Rs.2.50/- per equity share of the face value of Rs. 10/- each i.e. 25% for the year 2014.
2018
- The Company received Bajaj Quality Award 2018.
- The Company received Honda Award for Quality & Delivery for the year.
2019
- The Company received Quality Award 'Gold' by Bajaj Auto Ltd.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800