Shriram Pistons & Rings Limited

Manufacturer and supplier of pistons, piston pins, rings, and valves for automobile industry.

1963 | New Delhi (India) | Active
Last Updated: November 16, 2024

Shriram Pistons & Rings Profile

Key Indicators

  • Authorised Capital ₹ 82.50 Cr
  • Paid Up Capital ₹ 44.05 Cr
  • Company Age 61 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 535.00 Cr
  • Satisfied Charges ₹ 865.61 Cr
  • Revenue Growth 26.62%
  • Profit Growth 80.70%
  • Ebitda 52.23%
  • Net Worth 21.87%
  • Total Assets 26.21%

About Shriram Pistons & Rings

Shriram Pistons & Rings Limited (SPRL) was founded in India on 09 December 1963 and has a glorious history of 61 years and two months. Its registered office is in New Delhi, India.

The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 82.50 Cr and a paid-up capital of Rs 44.05 Cr.

The company currently has active open charges totaling ₹535.00 Cr. The company has closed loans amounting to ₹865.61 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Shriram Pistons & Rings Limited India are Prem Rathi as Cfo, Pankaj Gupta as Company Secretary, and Krishnakumar Srinivasan as Ceo. Hari Bhartia, Pradeep Dinodia, Luv Shriram, and Seven other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L29112DL1963PLC004084

  • Company No.

    004084

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Dec 1963

  • Date of AGM

    24 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Automotive

What products or services does Shriram Pistons & Rings Limited offer?

Shriram Pistons & Rings Limited offers a wide range of products and services, including Air Compressors, Accessories & Parts, Compressor Spare Parts & Consumables, Piston & Crankshaft Assemblies, Piston, Piston Assembly.

Who are the key members and board of directors at Shriram Pistons & Rings?

Executive Team (3)

NameDesignationAppointment DateStatus
Krishnakumar Srinivasan Country flag representing In Managing Director11-Feb-2020Current
Prem Rathi Country flag representing In CFO08-Jan-2021Current
Pankaj Gupta Country flag representing In Company Secretary09-Aug-2021Current

Board Members (9)

NameDesignationAppointment DateStatus
Tina Trikha Country flag representing In Director 08-Jun-2024Current
Hari Bhartia Country flag representing In Director 27-Jan-2009Current
Pradeep Dinodia Country flag representing In Director 16-May-2003Current
Luv Shriram Country flag representing In Whole-Time Director 01-Apr-2009Current
Meenakshi Dass Country flag representing In Director 28-Mar-2009Current
Yasunori Maekawa Country flag representing Jp Director 12-Jun-2024Current

Financial Performance of Shriram Pistons & Rings.

Shriram Pistons & Rings Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.62% increase. The company also saw a substantial improvement in profitability, with a 80.7% increase in profit. The company's net worth Soared by an impressive increase of 21.87%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
26.62%
Revenue from Operations
26.17%
Total Assets
26.21%
Profit or Loss
80.70%
Net Worth
21.87%
EBITDA
52.23%

What is the Ownership and Shareholding Structure of Shriram Pistons & Rings?

In 2023, Shriram Pistons & Rings had a promoter holding of 46.75% and a public holding of 53.25%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹535.00 Cr

Satisfied Charges

₹865.61 Cr

Charges Breakdown by Lending Institutions

  • Uco Bank : 350.00 Cr
  • Citi Bank N.A. : 60.00 Cr
  • Hdfc Bank Limited : 50.00 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 40.00 Cr
  • Others : 35.00 Cr

Latest Charge Details

DateLenderAmountStatus
06 Jun 2024Others₹35.00 CrOpen
21 Feb 2023Hdfc Bank Limited₹50.00 CrOpen
29 Jun 2022Citi Bank N.A.₹60.00 CrOpen
22 Jun 2022The Hongkong And Shanghai Banking Corporation Limited₹40.00 CrOpen
12 Aug 1994Uco Bank₹350.00 CrOpen

How Many Employees Work at Shriram Pistons & Rings?

Shriram Pistons & Rings has a workforce of 6835 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shriram Pistons & Rings, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Shriram Pistons & Rings's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Shriram Pistons & Rings

Recent activity within the organization

  • Annual General Meeting

    Shriram Pistons & Rings Limited last Annual general meeting of members was held on 24 Jul 2024 as per latest MCA records.

    24 Jul 2024

  • Director Appointment

    Yasunori Maekawa was appointed as a Director was appointed as a Director on 12 Jun 2024 & has been associated with this company since 8 months 11 days .

    12 Jun 2024

  • Director Appointment

    Tina Trikha was appointed as a Director was appointed as a Director on 08 Jun 2024 & has been associated with this company since 8 months 15 days .

    08 Jun 2024

  • Charges

    A charge with Others amounted to Rs. 35.00 Cr with Charge ID 100934728 was registered on 06 Jun 2024.

    06 Jun 2024

  • Balance Sheet

    Shriram Pistons & Rings Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge with Uco Bank of Rs. 350.00 Cr registered on 12 Aug 1994 with Charge ID 90056402 was modified on 04 Dec 2023.

    04 Dec 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Shriram Pistons & Rings Limited was incorporated on 09 Dec 1963.

  • The authorized share capital of Shriram Pistons & Rings Limited is ₹ 82.50 Cr and paid-up capital is ₹ 44.05 Cr.

  • Currently 13 directors are associated with Shriram Pistons & Rings Limited.

    • Hari Shanker Bhartia
    • Pradeep Dinodia
    • Luv Deepak Shriram
    • Meenakshi Dass
    • Krishnakumar Srinivasan
    • Tina Trikha
    • Yasunori Maekawa
    • Ferida Chopra Avnish
    • Shinichi Unno
    • Klaus Semke
    • Prem Prakash Poonam Chand Rathi
    • Pankaj Gupta
    • Krishnakumar Srinivasan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shriram Pistons & Rings Limited is Third Floor Himalaya House, 23 Kasturba Gandhi Marg India, New Delhi, 110001.

  • The corporate identification number (CIN) of Shriram Pistons & Rings Limited is L29112DL1963PLC004084 and the company number is 004084 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shriram Pistons & Rings Limited is https://www.shrirampistons.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shriram Pistons & Rings Limited has risen by 26.62%.

  • As Per 2023 financial reports, 6835 employees are currently employed by Shriram Pistons & Rings Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shriram Pistons & Rings Limited has experienced an upsurge of 21.87%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shriram Pistons & Rings Limited amount to ₹ 535.00 Cr.

  • The most recent Balance Sheet for Shriram Pistons & Rings Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Auto Parts & Components