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Shriram Pistons & Rings hosted a conference call on Aug 4, 2025. In the conference call, the company was represented by Mr. Krishnakumar Srinivasan – Managing Director & Chief Executive Officer, and Mr. Prem Rathi – Executive Director & Chief Financial Officer.

Key takeaways of the call

In Q1 FY26, the auto industry faced considerable headwinds across all segments. The high-volume two-wheeler segment was the most adversely affected, experiencing a decline of 6% in sales volume, while other segments reported relatively flat sales volume.

The company’s diversification strategy is proving effective, helping to de-risk its overall business model. It has outperformed the auto industry by sustaining a robust double-digit growth rate, delivering a 15% YoY increase in consolidated revenue.

Management highlighted that the high-precision injection moulding and the elec...

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