PESB recommendation · Stock
₹4,339.80▲ 98.40 (+2.32%) todayNSE · as of 3 Nov 2026, 5:30 am
Recommended on 18 Mar 2026 by Anupama Bhootra
Our recommendation read against today's market data.
SPR Auto Technologies Ltd is a major Indian automotive components manufacturer known for producing high - precision engine parts. SPR Ltd has over 5 decades of industry presence and specializes in designing, developing, testing, and manufacturing essential engine components such as pistons, piston pins, piston rings, and engine valves along with diversification in non-automotive segment. The company has a global presence in over 45+ countries across 5 continents and is a preferred choice
SPR is well positioned to deliver double-digit growth, supported by its market leading ICE franchise and increasing contribution from powertrain-agnostic businesses. Continued scaling of high-growth subsidiaries, Antolin synergies and marginimprovementare expected to drivesustainable earnings growth over the medium term. We maintain our Revenue/EBITDA/PAT CAGR estimates for FY26 FY28E 25%/25%/28% While near-term margins may remain under pressure due to commodity cost pass-through and elevated finance costs, management expects profitability to improve as these normalize alongside continued subsidiary scaling and Antolin synergies.
Research by Pune E-Stock Broking Ltd., SEBI Research Analyst Reg. No. INH000018197. Investments in the securities market are subject to market risks; read all related documents carefully before investing. Past performance is not indicative of future returns.
Market data from Accord; delayed, for information only.
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