Shriram Pistons & Rings Ltd
NSE: SHRIPISTON BSE: 544344
₹4333
-4.30 (0.10%)
Sat, 24 Oct 2026, 05:51 am
Market Cap (in Cr)20119.12
PE Ratio33.87
Dividend0.23
Producer Manufacturing
Auto Parts: OEM
24.5KShriram Pistons & Rings Ltd Company History
1972
- Year of Incorporation.
- Sales Turnover – Rs. 3 Million.
- Technical Collaboration with KS KolBenschmidt GmbH, Germany.
1978
- Technical Collaboration with Riken Corporation, Japan.
1989
- Technical Collaboration with Honda Foundry Co. Ltd., Japan.
1993
- Sales Turnover of Rs. 500 Million.
- Technical Collaboration with Fuji Oozx Inc., Japan.
- Commencement of Engine Valves Manufacturing.
1994
- Received ISO 9001 Certificate from TUV, Germany.
1995
- Start of Manufacturing – Steel Rings.
1996
- Sales Turnover of Rs. 1000 Million.
1999
- Received QS 9000 Certificate from TUV, Germany.
2001
- Received ISO 14001 Certificate from DNV, Netherland.
- Achieved production of 2 Million Rings per month – Dec 2000.
2004
- Received TPM Excellence Award from JIPM, Japan (First in its category to achieve this award).
2006
- Established three new piston machining lines to meet the requirement from Global OEMs (Ford, Renault etc.).
- Achieved production of 1 Million Engine Valves – September 2005.
2007
- Received TPM Special Award from JIPM (First in its category to achieve this award).
- Sales Turnover of Rs. 5000 Million.
2008
- Received Q1 Certification from Ford Motors.
- Recognition of In-house R&D Centre by DSIR (Dept. of Scientific & Industrial Research), Govt. of India.
- Start of Manufacturing – IP Rings (Ion Plated).
- Achieved production of 1 Million Pistons per month – Jan 2008.
- Achieved production of 5 Million Rings per month – Feb 2008.
2009
- Start of manufacturing large dia Engine Valves for Railways and off-road vehicles.
- Achieved production of 2 Million Engine Valves per month – July 2009.
2010
- Sales Turnover of Rs. 7500 Million.
- SPR becomes the largest manufacturer of Piston Rings in India.
- Start of manufacturing – CPC Rings (Composite Plating of Chrome).
- Achieved production of 2 Million Engine Valves per month – July 2009.
2011
- Start of production at Pathredi Plant.
2014
- SPR inaugurates Tech Centre on 4th February, 2014
- SPR opens a new sales office in Chennai on 28th October, 2014
2015
- Became OEM supplier to JLR.
2016
- Achieved a milestone turnover of 14100 million Rupees.
2023
- Company has issued Bonus Shares in the Ratio of 1:1.
2024
- Shriram Pistons & Rings Completed Acquisition of TGPEL Precision Engineering Limited through SPR Engenious Limited.
- Inaugration of 4th Plant @ Pithampur (MP).
