Date: October 31, 2026

Financial Performance Summary

Consolidated Results (Q2 FY27 vs Q2 FY26)

  • Total Income: ₹16,746 million (up 60.6% from ₹10,427 million)
  • EBITDA: ₹3,004 million (up 28.6% from ₹2,335 million)
  • EBITDA Margin: 17.9% (down from 22.4%)
  • PBT: ₹2,129 million (up 10.7% from ₹1,924 million)
  • PBT Margin: 12.7% (down from 18.5%)
  • PAT: ₹1,623 million (up 14.2% from ₹1,421 million)
  • PAT Margin: 9.7% (down from 13.6%)

Consolidated Results (H1 FY27 vs H1 FY26)

  • Total Income: ₹31,738 million (up 56.0% from ₹20,344 million)
  • EBITDA: ₹5,831 million (up 27.6% from ₹4,570 million)
  • EBITDA Margin: 18.4% (down from 22.5%)
  • PBT: ₹4,081 million (up 8.7% from ₹3,754 million)
  • PBT Margin: 12.9% (down from 18.5%)
  • PAT: ₹3,100 million (up 11.9% from ₹2,770 million)
  • PAT Margin: 9.8% (down from 13.6%)

Standalone Results (Q2 FY27 vs Q2 FY26)

  • Total Income: ₹10,500 million (up 16.9% from ₹8,979 million)
  • EBITDA: ₹2,087 million (up 0.3% from ₹2,080 million)
  • EBITDA Margin: 19.9% (down from 23.2%)
  • PBT: ₹1,588 million (down 11.7% from ₹1,798 million)
  • PBT Margin: 15.1% (down from 20.0%)
  • PAT: ₹1,189 million (down 11.2% from ₹1,339 million)
  • PAT Margin: 11.3% (down from 14.9%)

Standalone Results (H1 FY27 vs H1 FY26)

  • Total Income: ₹20,127 million (up 14.4% from ₹17,601 million)
  • EBITDA: ₹4,106 million (flat compared to ₹4,104 million)
  • EBITDA Margin: 20.4% (down from 23.3%)
  • PBT: ₹3,095 million (down 12.6% from ₹3,541 million)
  • PBT Margin: 15.4% (down from 20.1%)
  • PAT: ₹2,308 million (down 12.5% from ₹2,637 million)
  • PAT Margin: 11.5% (down from 15.0%)

Performance Drivers and Margin Analysis

The strong topline growth was attributed to a strong performance across businesses. However, margins were impacted by multiple factors:

  • Rising commodity costs due to geopolitical tensions and supply chain disruptions
  • Shift in sales mix
  • Revision in minimum wages
  • Temporary increase in finance costs (₹234 million in consolidated, ₹212 million in standalone) associated with the acquisition of three Indian entities of Antolin

Excluding the temporary finance cost impact, consolidated PBT would have grown by 23% YoY in Q2 FY27 and 22% YoY in H1 FY27.

Strategic Developments

QIP Fundraising

  • Successfully concluded a Qualified Institutional Placement raising ₹10,000 million
  • Strong participation from marquee domestic and global institutional investors
  • Proceeds to strengthen balance sheet and support future growth initiatives

Renewable Energy Initiative

  • Entered into Power Purchase Agreement with Sunsure Solarpark Forty Private Limited
  • For renewable power for Pathredi and Neemrana manufacturing facilities in Rajasthan
  • Aimed at supporting renewable-energy objectives while optimizing energy costs

Acquisition Integration

  • The recently acquired Auto Interiors and Lighting business performed exceedingly well in both topline and bottom-line
  • The company acquired majority stakes in SPR EMF Innovations Private Limited and SPR Takahata Precision India Private Limited
  • Acquired 100% stakes in SPR TGPEL Precision Engineering Limited, Karna Intertech Private Limited, SPR Auto Interior Lighting Solutions Private Limited (formerly Antolin Lighting India Private Limited), SPR Auto Interior Solutions Private Limited (formerly Grupo Antolin India Private Limited), and SPR Auto Interior Solutions Chakan Private Limited (formerly Grupo Antolin Chakan Private Limited)

Management Commentary

Mr. Krishnakumar Srinivasan, Managing Director & CEO, highlighted:

  • Domestic automotive industry recorded highest-ever Q2 sales across passenger vehicles, commercial vehicles, two-wheelers and three-wheelers
  • Growth supported by resilient rural and urban demand, improved financing, infrastructure-led activity and healthy freight movement
  • Core business remained steady with standalone Total Income growing 17% YoY
  • Company continues to reinforce leadership in legacy products while powertrain-agnostic businesses gain steady traction
  • Focus on deepening engagement with existing customers and increasing penetration across products and geographies

Business Overview

SPR Auto Technologies Limited is a leading automotive component manufacturer of:

  • Pistons, piston pins, piston rings, engine valves
  • High-precision injection moulded components
  • EV motors & controllers
  • Automotive interior solutions

The company has 14 state-of-the-art manufacturing facilities across India and exports to 30+ countries across 5 continents. It has technological collaborations with Kolbenschmidt, Riken, Honda Foundry, Fuji Oozx, Takahata, and Antolin Global.