Shriram Pistons & Rings Q2 Results FY27: Revenue Jumps 62.14% YoY to Rs 1,648.20 Cr, PAT Rs 162.30 Cr
- October 31, 2026
- Posted by: Harsh Piplani
- Category: Results
Quick Answer
Shriram Pistons & Rings Q2 Results FY27 were declared on 30 October 2026 on a Consolidated basis. These quarterly results show revenue up 62.14% YoY to Rs 1,648.20 Cr from Rs 1,016.50 Cr a year earlier. Net profit rose 14.22% to Rs 162.30 Cr from Rs 142.10 Cr, and Operating Profit climbed 32.13% to Rs 273.90 Cr, so YoY growth was strongest on the revenue line.
Shriram Pistons & Rings Ltd (SHRIPISTON) Q2 Results FY27 announced on 30 October 2026, covering the company’s financial performance for the July to September quarter. The results date brought consolidated results with revenue of Rs 1,648.20 Cr and PAT of Rs 162.30 Cr, and Shriram Pistons & Rings Q2 Results FY27 set both figures against the same quarter of last year.
The Shriram Pistons & Rings Q2 Results analysis below runs through the financial highlights, business drivers, outlook and risks. This results analysis starts with the Financial Highlights table, which lines up each metric against the corresponding quarter a year earlier.
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Shriram Pistons & Rings Q2 Results FY27: Financial Highlights
| Metric | Q2 FY27 (Sep 26) | Q2 FY26 (Sep 25) | YoY Change |
|---|---|---|---|
| Revenue | Rs 1648.2 Cr | Rs 1016.5 Cr | +62.14% YoY |
| Operating Profit | Rs 273.9 Cr | Rs 207.3 Cr | +32.13% YoY |
| Net Profit (PAT) | Rs 162.3 Cr | Rs 142.1 Cr | +14.22% YoY |
Source: company filing for Shriram Pistons & Rings Q2 Results FY27, 30 October 2026. Figures in Rs Crore, Consolidated basis.
Key Takeaways from Shriram Pistons & Rings Q2 Results: What Stands Out
- Revenue of Rs 1,648.20 Cr grew 62.14% YoY from Rs 1,016.50 Cr, an increase of Rs 631.70 Cr over the same quarter last year.
- Net profit of Rs 162.30 Cr rose 14.22% from Rs 142.10 Cr, so YoY growth in profit trailed revenue in Shriram Pistons & Rings Q2 Results FY27.
- Operating Profit of Rs 273.90 Cr advanced 32.13% from Rs 207.30 Cr, landing between the revenue and net profit growth rates.
- Net profit margin narrowed to 9.8% from 14.0% in the comparison quarter, which is the main counterpoint to the sales growth.
- Next step: the performance analysis below lays out how the three growth rates relate on a consolidated basis.
Shriram Pistons & Rings Q2 Results FY27: Performance Analysis
The numbers show growth on all three lines, led by revenue. Shriram Pistons & Rings Q2 Results FY27 record revenue of Rs 1,648.20 Cr, Operating Profit of Rs 273.90 Cr and net profit of Rs 162.30 Cr on a consolidated basis, each above the corresponding figure from the quarter a year earlier.
The quarterly results show a descending ladder of growth rates. Revenue gained 62.14% YoY, Operating Profit gained 32.13% and net profit gained 14.22%, so each step down the income statement carried less growth than the one above. In the Shriram Pistons & Rings Q2 Results, that ladder explains why net profit margin slipped to 9.8%.
Readers tracking Shriram Pistons & Rings Q2 Results FY27 will watch whether profit growth moves closer to sales growth in later filings. Revenue added Rs 631.70 Cr while net profit added Rs 20.20 Cr, which frames the scale of that gap. The supplied figures confirm the change but not its cause, so the results analysis turns to the business factors.
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Key Business Factors This Quarter
Revenue Growth – The results analysis begins with revenue, which grew 62.1% year on year to Rs 1,648.20 Cr in the latest quarter. The disclosures add that revenue has risen in each of the last 4 quarters, making this a sustained run rather than a single-quarter jump.
Net Profit Gain – Net profit rose 14.2% year on year to Rs 162.30 Cr. Shriram Pistons & Rings Q2 Results FY27 therefore pair very strong sales growth with a smaller profit gain, and the supplied data does not state the reason for that difference.
Return on Equity – Return on equity was 21.28% in FY26, a full-year measure of profit earned on shareholders’ funds. These quarterly results arrive on top of that ratio, which shows the capital base was producing a double-digit return before this quarter began.
FY27 Outlook After Shriram Pistons & Rings Q2 Results
No management guidance is attached to this filing, so the FY27 picture forms as new quarters are reported. Full-year FY27 results will depend on subsequent quarters and disclosed sector conditions, and this results analysis treats quarterly revenue of Rs 1,648.20 Cr as the benchmark for upcoming filings.
Shriram Pistons & Rings Q2 Results FY27 leave a clear question for the second half: whether net profit, now Rs 162.30 Cr, can narrow the gap with revenue growth. Readers using the Univest Screener can follow the net profit line quarter by quarter, and that same question leads into the risks.
Key Risks to Watch After Shriram Pistons & Rings Q2 Results FY27
Narrower Net Margin
Net profit margin narrowed to 9.8% from 14.0% in the comparison quarter. After Shriram Pistons & Rings Q2 Results FY27, a further drop in margin would mean strong YoY growth in revenue converts into even less net profit.
High Debt Level
Debt is high at 0.65 times total assets in FY26. A balance sheet with this level of borrowing leaves less room if profit growth continues to trail the sales growth reported this quarter.
Slipping Return on Equity
Return on equity declined to 21.28% in FY26 from 23.98% in FY25, a fall of 2.70 percentage points. The ratio remains high, though the direction is lower, which is worth following against future YoY growth.
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Conclusion
Shriram Pistons & Rings Q2 Results FY27 combine revenue growth of 62.14% with a smaller 14.22% rise in net profit. Taken together, the consolidated results show a wide gap between sales and profit growth. Followers of the Shriram Pistons & Rings Q2 Results can use the next quarterly results to see whether it narrows. Investors should consult a SEBI-registered advisor before acting.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice. Research Analyst: Uniresearch Global Pvt. Ltd., SEBI Registration No. INH000013776.
Frequently Asked Questions on Shriram Pistons & Rings Q2 Results FY27
What are Shriram Pistons & Rings Q2 Results FY27?
Ans. Shriram Pistons & Rings Q2 Results FY27 are the consolidated results for July to September 2026, with revenue of Rs 1,648.20 Cr and net profit of Rs 162.30 Cr, as laid out in the Financial Highlights table.
What is the results date for Shriram Pistons & Rings Q2 Results FY27?
Ans. Shriram Pistons & Rings declared its Q2 FY27 numbers on 30 October 2026, covering the July to September quarter, so the results date appears in the Quick Answer and the opening paragraph.
What revenue was reported in Shriram Pistons & Rings Q2 Results FY27?
Ans. Revenue was Rs 1,648.20 Cr against Rs 1,016.50 Cr in the corresponding quarter of last year, a rise of 62.14% that the Performance Analysis section examines in more detail.
What net profit was reported in Shriram Pistons & Rings Q2 Results FY27?
Ans. Net profit was Rs 162.30 Cr compared with Rs 142.10 Cr a year earlier, a 14.22% increase, while revenue grew faster, as the Key Takeaways section explains.
How much YoY growth did revenue show in Shriram Pistons & Rings Q2 Results FY27?
Ans. Revenue showed YoY growth of 62.14%, moving from Rs 1,016.50 Cr to Rs 1,648.20 Cr, compared with 14.22% for net profit, a contrast covered in the Performance Analysis section.
Did net profit rise or fall in Shriram Pistons & Rings Q2 Results?
Ans. Net profit rose in Shriram Pistons & Rings Q2 Results, from Rs 142.10 Cr to Rs 162.30 Cr, which means a 14.22% YoY gain that was slower than the revenue growth.
What was the Operating Profit in Shriram Pistons & Rings Q2 Results FY27?
Ans. Operating Profit was Rs 273.90 Cr, up 32.13% from Rs 207.30 Cr a year earlier, so it grew slower than revenue but faster than net profit, as the Performance Analysis section shows.
Are Shriram Pistons & Rings Q2 Results consolidated results or standalone results?
Ans. Shriram Pistons & Rings Q2 Results are consolidated results, so the revenue of Rs 1,648.20 Cr and net profit of Rs 162.30 Cr should be read on that basis, as the Conclusion also notes.
What business factors shaped Shriram Pistons & Rings Q2 Results FY27?
Ans. The disclosed factors are revenue growth of 62.1%, a net profit rise of 14.2% and revenue rising in each of the last 4 quarters, all set out in the Key Business Factors section.
What are the key risks after Shriram Pistons & Rings Q2 Results FY27?
Ans. The listed risks are the narrower net margin of 9.8%, debt at 0.65 times total assets in FY26 and a lower return on equity of 21.28%, all covered under Key Risks to Watch.
What is the outlook after Shriram Pistons & Rings Q2 Results?
Ans. No management guidance is attached, so FY27 depends on later quarters, while the Outlook section frames the Rs 162.30 Cr net profit as the level that future filings will be measured against.
Where can I find the complete Shriram Pistons & Rings Q2 Results FY27 data?
Ans. The complete figures are in the Financial Highlights table above, and the Univest app lists the stock for follow-up checks, as the Outlook section also mentions through the Univest Screener.
