Slide 1: Exchange filing cover letter for investor presentation
August 4, 2026 National Stock Exchange of India Limited (NSE) BSE Limited (BSE) Exchange Plaza, Plot No. C/1, G Block Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex Dalal Street, Fort, Bandra (East), Mumbai 400051 Mumbai 400001 NSE Symbol: SHRIPISTON BSE Scrip code: 544344 Sub: Investor Presentatio
Slide 2: SPR Auto Technologies Investor Presentation Q1FY27
SPR Auto Technologies Limited (Formerly Shriram Pistons & Rings Limited) Investor Presentation Q1FY27 NSE : SHRIPISTON | BSE: 544344 https://shrirampistons.com/ Our Brands SPR Sustainable Progressive Resilient Companies in Group
Slide 3: Safe Harbor
Safe Harbor This Presentation and the accompanying slides (the “presentation”), have been prepared by SPR Auto Technologies Limited (formerly Shriram Pistons & Rings Limited) (herein referred to as the “Company”), solely for information purposes and do not constitute any offer, recommendation or inv
Slide 4: Contents
Contents 01 02 03 04 Q1FY27 Performance Company Targeted Strategic Industry Highlights Overview Initiatives Overview 05 06 07 08 Historical Historical Standalone Consolidated Focus on Annexures Performance Performance Sustainability Highlights Highlights
Slide 5: Q1FY27 Performance Highlights
Q1FY27 Performance Highlights
Slide 6: Q1FY27 Key Financial Metrics
Q1FY27 Key Financial Metrics (Rs. Million) Total Income EBITDA & EBITDA Margin (%) * PBT & PBT Margin (%) PAT & PAT Margin (%) 22.5% 18.9% 18.5% 13.0% 13.6% 9.8% Consolidated +51% YoY 14,992 +27% YoY +7% YoY Q1FY26 2,828 +9% YoY 1,952 Q1FY27 9,917 1,830 1,476 2,235 1,349 Total Income EBITDA & EBITDA
Slide 7: Q1FY27 P&L Statement – SPR Consolidated
Q1FY27 P&L Statement – SPR Consolidated (Rs. Million) Particulars Q1FY27 Q1FY26 YoY FY26 FY25 YoY Revenue from Operations 14,744 9,633 44,587 35,498 Other Income 248 284 1,126 1,114 Total Income 14,992 9,917 51.2% 45,713 36,612 24.9% Total Operating Expenses 12,164 7,682 35,829 28,256 EBITDA* 2,828
Slide 8: Q1FY27 P&L Statement – SPR Standalone
Q1FY27 P&L Statement – SPR Standalone (Rs. Million) Particulars Q1FY27 Q1FY26 YoY FY26 FY25 YoY Revenue from Operations 9,416 8,356 35,266 31,795 Other Income 211 266 995 1,032 Total Income 9,627 8,622 11.7% 36,261 32,827 10.5% Total Operating Expenses 7,608 6,598 27,823 25,034 EBITDA* 2,020 2,024 (
Slide 9: SPR Auto Technologies Consistently Outgrowing the Industry
SPR Auto Technologies Consistently Outgrowing the Industry Industry * SPR Auto Technologies Q1FY27 v/s Production Domestic Sales Consolidated Q1FY26 Volumes Volumes Total Income +22% +21% + 51% YoY YoY YoY 9.7 7.7 Rs. 14,992 Million Units Million Units Million The Automotive industry delivered recor
Slide 10: Company Overview
2 Company Overview RuTO TECHNOLOGIES
Slide 11: SPR Auto Technologies at a Glance
SPR Auto Technologies at a Glance Proven Industry Leader Global Network More than 5 decades of Industry presence Presence in 30+ countries across 5 backed by strong leadership continents Leading manufacturer of pistons, piston pins, Preferred choice of global automotive piston rings & engine valves
Slide 12: Heritage of the Shriram Group, a Leading Industrial Powerhouse
Heritage of the Shriram Group, a Leading Industrial Powerhouse Founded by Dr. Charat Ram, a pillar, visionary and the face of the Indian business sector, who played a significant role in shaping the Indian industry Driven by his relentless pursuit of excellence, he meticulously built up several succ
Slide 13: Our Journey of Achieving Excellence over 5+ Decades
Our Journey of Achieving Excellence over 5+ Decades 1972 1978 1987 1990 1993 1994 Foundation of SPRL; Technology Partnership Technology Partnership Engine Valves Technology Partnership Received ISO9001 Technology Partnership for for Engine Valves with manufacturing for Rings with Riken for Pistons w
Slide 14: State-of-the-art Manufacturing Infrastructure
State-of-the-art Manufacturing Infrastructure Under SPR Auto Technologies Under SEL Karna SPR Auto Interior SPR SPR SPR SEL Intertech Solutions EMFi Takahata TGPEL Ghaziabad, Pathredi, Bulandshahr Rd, Bahadurgarh, Chakan & Pune, Chennai, Pithampur, Coimbatore, Neemrana, Noida, Uttar Pradesh Rajastha
Slide 15: Strengthening Resilience in a Dynamic Industry Environment
Strengthening Resilience in a Dynamic Industry Environment Industry Environment – What is Changing Geopolitical & Trade Commodity & Input Cost Evolving Powertrain Mix Rising Customer Expectations Volatility Swings xxxxx Shifting tariffs and cross-border Movement in commodity prices EVs, Hybrids and
Slide 16: Seasoned Board Of Directors Providing Expert Oversight
Seasoned Board Of Directors Providing Expert Oversight Mr. Pradeep Dinodia Mr. Hari S. Bhartia Mr. Luv D. Shriram Ms. Meenakshi Dass Chairman Independent Director Whole Time Director Non-Executive Director (Non-Executive Non- Independent Director) On the board since 2003 On the board since 2009
Slide 17: The Visionary Leaders Who Drive SPR Auto Technologies
The Visionary Leaders Who Drive SPR Auto Technologies Mr. Krishnakumar Mr. Arun Shukla Mr. Prem Rathi Mr. Rajan Nanda Srinivasan Executive Director – Executive Director & Executive Director Managing Director & CEO Projects CFO 34+ Years of experience 38+ Years of experience 27+ Years of experi
Slide 18: The SPR Group
The SPR Group Products are marketed to almost all OEMs and Aftermarkets under brands SPR and USHA 100% 100% 100% 100% SPR Auto Interior Lighting SPR Auto Interior Solutions Pvt. SPR Engenious Ltd. (SEL) Karna Intertech Pvt. Ltd. Ltd. Solutions Pvt. Ltd. (Formerly Antolin Lighting India Pvt. Ltd.) (F
Slide 19: Focusing on Strategic Diversification
Focusing on Strategic Diversification Diversification Strategy leading to Change in Business Mix Pre-FY20 FY24 FY26 Aftermarket Aftermarket ICE ICE Aftermarket ICE Export Export Export High-Precision Plastic Engineering Tooling High-Precision Motors & Plastic Engineering Controllers Motors & Tooling
Slide 20: Diversifying into Powertrain Agnostic Domains
Diversifying into Powertrain Agnostic Domains Building on its diversification strategy, SPR Auto Technologies is expanding into high-growth Powertrain Agnostic Domains, broadening the business and de-risking growth across the Automotive industry High-Precision Motors & Automotive Interior Legacy Bus
Slide 21: All Segments expected to Grow
All Segments expected to Grow Delayed Start to EV Penetration Start of EV Penetration Heavy Commercial Vehicles Railways Passenger 2-Wheelers Vehicles Exports Tractors & Off- Genset & Highway Industrials 3-Wheelers Also includes Aftermarkets and Defence Presence across diverse segments positions SPR
Slide 22: Targeted Strategic Initiatives
A B Building a Robust Driving Innovation Targeted Business through by harnessing Diversification Technology and R&D Strategic C D Initiatives Accelerating Growth through Committed to Efficiency & Strategic Operational Acquisitions Excellence
Slide 23: Building a Robust Business through Diversification
01 02 03 Building a Robust Diversified Diversified Diversified Across Business through Across Industry Segments Product Portfolio Customer Segments Diversification
Slide 24: Diversified Across Industry Segments in Standalone Business
Diversified Across Industry Segments in Standalone Business Manufacturing Facilities & Assembly Units located at: Domestic Revenue 3 Pathredi, Gurugram, Manufacturing (Rs. Million) Rajasthan Haryana Facilities 30,312 26,481 Bhorakalan 23,901 Karsanpura, 5 20,758 (Gurugram), 16,224 Gujarat Haryana As
Slide 25: Diversified Product Portfolio
Diversified Product Portfolio Core / Legacy Products High-Precision Injection Moulded Components Pistons & Piston Pins FI – Components Throttle Unit Brake Unit ECU Air Bag FI – Connectors Thin Walled KS Lite Crown Nanofriks DLC Coating Anodizing on Pins Piston Rings Engine Valves Chrome plating Do
Slide 26: Diversified Across Customer Segments
Diversified Across Customer Segments Core / Legacy Products High-Precision Injection Moulded Components Automotive Takahata Commercial Vehicles Passenger Vehicles TGPEL Two-Wheelers Tractors Non-Automotive Automotive Interior Solutions Off-Highway, Industrial & Gensets Marine Railways & Defense SPR
Slide 27: Driving Innovation by harnessing Technology and R&D
Driving Innovation by harnessing Technology and R&D
Slide 28: Driving Innovation Through Our Ultra Modern Tech Centre
Driving Innovation Through Our Ultra Modern Tech Centre SPR Auto Technologies’ State-of-the-art Tech Centre is fully equipped to provide complete and comprehensive solutions, catering to the exacting needs of the hi-tech, new generation engines With a state-of-the-art Technology Centre, Recognized b
Slide 29: Empowering Next-Gen Mobility Solutions
Empowering Next-Gen Mobility Solutions Focussed on developing various Powertrain Solutions Advanced CNG-compatible components, meeting stringent emission norms and ensuring durability in Hybrid Hydrogen high-pressure environments Hydrogen-based fuel solutions, including hydrogen internal combustion
Slide 30: Time-Tested Technology Partnerships with Major Global Players
Time-Tested Technology Partnerships with Major Global Players Since 1972 Since 1978 Since 1993 Since 2023 Since 2026 Since 1989 HIGH-PRECISION AUTOMOTIVE INTERIOR PISTONS RINGS PISTONS ENGINE VALVES INJECTION MOULDED SOLUTIONS COMPONENTS Riken Corporation, Japan Honda Foundry, Japan Fuji Oozx, Japan
Slide 31: Internal Combustion (IC) Engines: Growth Story will continue
Internal Combustion (IC) Engines : Growth Story will continue Insufficient Power Grid capabilities to India is not comparable to the West & Lack of EV charging Infrastructure in Absence of Resale Market support India’s EV ambitions China the country India had an installed generation capacity of ~5
Slide 32: Accelerating Growth through Strategic Acquisitions
Accelerating Growth through Strategic Acquisitions
Slide 33: Foray into ICE Agnostic Products (1/3)
Foray into ICE Agnostic Products (1/3) High-Precision Injection Moulded Products SPR Takahata Precision India Pvt. Ltd. SPR TGPEL Precision Engineering Ltd. SPR Engenious Ltd. (SEL) acquired 62% stake in SPR Engenious Ltd. (SEL) acquired 100% stake in Transaction Details SPR Takahata Precision I
Slide 34: Foray into ICE Agnostic Products (2/3)
Foray into ICE Agnostic Products (2/3) Electric Motors & Controllers Moulds & Tooling SPR EMF Innovations Pvt. Ltd. Karna Intertech Pvt. Ltd. SPR Engenious Ltd. (SEL) increased their stake in SPR Transaction Details SPR Auto Technologies acquired 100% stake in EMF Innovations Pvt. Ltd. (EMFi) fr
Slide 35: Foray into ICE Agnostic Products (3/3)
Foray into ICE Agnostic Products (3/3) Automotive Interior Solutions SPR Auto Interior Lighting Solutions SPR Auto Interior Solutions SPR Auto Interior Solutions Chakan Pvt. Ltd. Pvt. Ltd. Pvt. Ltd. (Formerly Antolin Lighting India Pvt. Ltd.) (Formerly Grupo Antolin India Pvt. Ltd.) (Formerly Grupo
Slide 36: Committed to Efficiency & Operational Excellence
Committed to Efficiency & Operational Excellence
Slide 37: Committed to Efficiency & Operational Excellence
Committed to Efficiency & Operational Excellence Focusing on capital efficiency which was evident in significant strengthening of industry leading EBITDA margins from 15.9% in FY22 to 23.3% in FY26 Cost Optimization measures Affordable low-cost automation including Effective & Efficient and interlin
Slide 38: Industry Overview
A Industry Overview RuTO TECHNOLOGIES
Slide 39: India's Growing Automobile Market
India’s Growing Automobile Market Automobile Domestic Production Volumes * Automobile Domestic Sales Volumes * (in Million) (in Million) FY25 FY26 36.0 FY25 FY26 29.5 32.0 26.6 26.7 21.7 23.9 19.6 5.1 5.5 4.3 4.6 1.0 1.2 1.0 1.2 1.1 1.3 1.0 1.3 1.0 1.1 0.7 0.8 Tractors CV 3W PV 2W Auto Tractors CV 3
Slide 40: Internal Combustion Engine Market
Internal Combustion Engine Market Global ICE Market Size * Indian ICE Market Size ^ (USD Billion) (USD Billion) 6.3% CAGR 384.3 7.6% CAGR 283.1 8.3 5.4 2025E 2030P 2025E 2030P • Most car manufacturers are moving towards Hybrid, which requires ICE engines and Motors & Controllers. ICE demand expected
Slide 41: Emerging EV Industry Landscape
Emerging EV Industry Landscape EV Penetration in India (%) & EV Sales (in Thousand)* Category-wise EV Penetration in 2026^ (in %) * 1,025 1,525 1,927 2,250 1,487 39.1% 9.7% 7.5% 8.0% 6.4% 4.8% 8.6% 9.7% 4.7% 5.4% 2022 2023 2024 2025 2026^ CV 3W-P PV 2W Auto Industry • India’s EV sector is witnessing
Slide 42: India Automotive Interior Solutions Industry
India Automotive Interior Solutions Industry Auto Interior Solutions Market Size (Rs. Billion) A flap attached to the top of a vehicle's interior above 8.7%-9.7% CAGR Sunvisors the windshield that can be swung down to block the 81.0-85.0 sun's glare and protect the eyes of the driver and passengers
Slide 43: Historical Standalone Performance Highlights
Historical Standalone Performance Highlights
Slide 44: Key Standalone Ratios over the years
Key Standalone Ratios over the years Debt-to-Equity Ratio (x) Interest Coverage Ratio (x) 0.59 27.9 24.8 20.3 21.4 15.3 0.19 0.17 0.15 0.11 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 Net Working Capital Cycle (Days) ROE & ROCE (%) 68 ROE ROCE 65 66 58 29.2% 54 27.0% 23.8% 22.9% 19.3% 20.7% 16
Slide 45: Standalone P&L Statement
Standalone P&L Statement (Rs. Million) Particulars FY22 FY23 FY24 FY25 FY26 Revenue from Operations 20,647 26,050 29,537 31,795 35,266 Other Income 292 462 813 1,032 995 Total Income 20,939 26,513 30,351 32,827 36,261 Total Expenses 17,602 21,416 23,237 25,034 27,823 EBITDA 3,337 5,097 7,114 7,793 8
Slide 46: Standalone Balance Sheet
Standalone Balance Sheet (Rs. Million) Assets Mar-25 Mar-26 Equity & Liabilities Mar-25 Mar-26 Non-Current Assets Equity Share Capital 440 440 Property, Plant & Equipment 5,249 5,152 Other Equity 23,651 28,381 Capital Work in Progress 61 180 Total Equity 24,091 28,821 Goodwill & Other Intangible Ass
Slide 47: Standalone Abridged Cash Flow Statement
Standalone Abridged Cash Flow Statement (Rs. Million) Cash Flow Statement Mar-25 Mar-26 Cash Flow from Operating Activities Profit Before Tax 6,680 6,818 Adjustment for Depreciation & Other Operating Items 271 449 Operating Profit before Working Capital Changes 6,951 7,267 Changes in Working Capital
Slide 48: Historical Consolidated Performance Highlights
Historical Consolidated Performance Highlights
Slide 49: Key Consolidated Ratios over the years
Key Consolidated Ratios over the years Debt-to-Equity Ratio (x) Interest Coverage Ratio (x) 0.62 20.3 21.4 20.3 20.8 13.5 0.23 0.19 0.19 0.11 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 Net Working Capital Cycle (Days) ROE & ROCE (%) 68 ROE ROCE 66 63 60 55 26.6% 25.5% 22.7% 21.7% 20.6% 18.7%
Slide 50: Consolidated P&L Statement
Consolidated P&L Statement (Rs. Million) Particulars FY22 FY23 FY24 FY25 FY26 Revenue from Operations 20,647 26,093 30,893 35,498 44,587 Other Income 292 467 853 1,114 1,126 Total Income 20,939 26,560 31,746 36,612 45,713 Total Expenses 17,602 21,490 24,473 28,256 35,829 EBITDA 3,337 5,070 7,273 8,3
Slide 51: Consolidated Balance Sheet
Consolidated Balance Sheet (Rs. Million) Assets Mar-25 Mar-26 Equity & Liabilities Mar-25 Mar-26 Non-Current Assets Equity Share Capital 440 440 Property, Plant & Equipment 7,707 10,079 Other Equity 24,533 29,743 Capital Work in Progress 578 507 Total Equity 24,973 30,183 Goodwill & Other Intangible
Slide 52: Consolidated Abridged Cashflow Statement
Consolidated Abridged Cashflow Statement (Rs. Million) Cash Flow Statement Mar-25 Mar-26 Cash Flow from Operating Activities Profit Before Tax 6,816 7,505 Adjustment for Depreciation & Other Operating Items 614 1,043 Operating Profit before Working Capital Changes 7,431 8,549 Changes in Working Capi
Slide 53: Focus on Sustainability
7 Focus on Sustainability RuTO TECHNOLOGIES
Slide 54: Huge Focus on Sustainability (1/2)
Huge Focus on Sustainability (1/2) Environmental Social Governance • Implemented ISO 14001 Environmental Management Steering Committee on ESG under Implemented ISO 45001 Occupational Health and Systems at both manufacturing sites chairmanship of our MD & CEO Safety Management System across organ
Slide 55: Huge Focus on Sustainability (2/2)
Huge Focus on Sustainability (2/2) Environmental Social Governance Initiatives* Initiatives Initiatives Voluntary disclosure of BRSR 21% of Total energy is from Renewable Improvements in Attrition Rate Strong commitment of Board to good 100% Used water is recycled (ZLD) #2 days trainings
Slide 56: Prestigious Recognitions for Sustainability Efforts
Prestigious Recognitions for Sustainability Efforts ESG Rating -2 Excellence in ESG Assurance of Green 2025 - Climate & Water 2025 – ECOVADIS Significant (Highest rating in Gold Award – 2025 House Gas disclosure awarded Bronze Medal achievement in India) by ACMA Emissions as per ISO rating “B” Corpo
Slide 57: Annexures
G Annexures RuTO TECHNOLOGIES
Slide 58: Awards and Accolades
Awards and Accolades From Customers From Industry Bodies Institute of Directors, India - Golden Peacock Award for the second time for Cummins India - Supplier of the Year Award – Direct Sourcing “Excellence in Corporate Governance – 2025” Maruti Suzuki - Award for Part Design & Dev., Overall
Slide 59: Delivering Value to the Shareholders
Delivering Value to the Shareholders Shareholding as on 30th June 2026 Share Information as on 30th June 2026 (except Market Cap) NSE Ticker SHRIPISTON Promoters Shares Outstanding (Million) 44.0 DII 33.9% Market Cap (Rs. Million) (as on 03rd August 2026) 1,98,665 43.8% FII % Free Float 56.25% Free
Slide 60: Committed to Giving Back to the Society
Committed to Giving Back to the Society Govt. Girls Sr. Sec. School, Tijara Tree Plantation Drive Awards from Rajasthan Govt. Annual CSR Spend (Rs Million) 111 Before After Education Environment Health & Education 81 Mobile Medical Van, Pathredi Work & Award in Prosthetics Dispensary In Bhiwadi 52 H
Slide 61: Thank You
Thank You SPR Auto Technologies Limited Ernst & Young LLP Prem Rathi Rohit Anand rohit.anand4@in.ey.com Executive Director & CFO Riddhant Kapur prem.rathi@shrirampistons.com riddhant.kapur@in.ey.com Kritvi Rastogi kritvi.rastogi@in.ey.com