🔍

Samkrg Pistons & Rings Ltd (520075)

📊 BSE: 520075 🏢 Auto Components & Equipments 📢 Latest filing: 22 Sep 2026 📝 Analysis written: 13 Nov 2025

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, Samkrg Pistons' revenue was ₹71.9 Cr (+12.3% year on year, -14.4% on the previous quarter), and net profit ₹2.7 Cr (-6.7% year on year); the operating margin was 12.4%.

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹71.9	+12.3%	-14.4%
Operating profit	₹8.9	+25.7%	-25.1%
Net profit	₹2.7	-6.7%	+9.7%
EPS (₹)	2.74	-6.5%	+10.0%
Operating margin	12.4%	—	—

Full quarterly financials → Results calendar →

📢 Recent Corporate Announcements

Samkrg Pistons Concludes 40th AGM; Approves Re. 0.50 Per Share Dividend

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 22 Sep 2026, 01:01 PM

Samkrg Pistons & Rings Limited conducted its 40th Annual General Meeting on September 22, 2026, through VC/OAVM. Among the key ordinary resolutions considered was the declaration of a dividend of Re. 0.50 per equity share (5% on face value of Rs 10) for FY26. The meeting commenced at 11:00 AM and concluded at 11:40 AM. Remote e-voting was held from September 18 to September 21, 2026, with the record date set at September 15, 2026.

40th AGM held on September 22, 2026, starting at 11:00 AM and ending at 11:40 AM
Considered declaration of dividend of Rs 0.50 per share (5% of face value of Rs 10)
Remote e-voting held between September 18, 2026, and September 21, 2026
Record date for shareholder eligibility was September 15, 2026
Voting results to be declared within 2 working days

💡 Track the formal voting results scrutinizer report within 2 working days and subsequent corporate filings for dividend disbursement timelines.

Samkrg Pistons Files FY26 Annual Report; 40th AGM on Sept 22, 2026 with ₹0.50 Dividend

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 28 Aug 2026, 05:16 PM

Samkrg Pistons & Rings has submitted its Annual Report for FY 2025-26 and scheduled its 40th AGM for September 22, 2026. The company reported FY26 net operating revenue of ₹285.66 crore (up 17.1% YoY from ₹243.89 crore) and PAT of ₹9.75 crore (up 65.1% YoY from ₹5.90 crore). The Board recommended a dividend of ₹0.50 per share (5% face value). Capital work-in-progress stood at ₹23.23 crore as of March 31, 2026.

40th Annual General Meeting scheduled for September 22, 2026 via VC/OAVM
FY26 Net operating revenue reached ₹285.66 crore compared to ₹243.89 crore in FY25
Profit after tax rose to ₹9.75 crore (EPS of ₹9.93) versus ₹5.90 crore (EPS of ₹6.01) in FY25
Proposed dividend of ₹0.50 per share (5%) totaling ₹49.10 lakhs
Top 3 clients (Royal Enfield, TVS Motors, Honda) contributed ₹102.36 crore to total revenue

💡 Track voting resolutions and commentary from management during the AGM on September 22, 2026, especially regarding product diversification beyond ICE 2-wheelers.

Samkrg Pistons & Rings Schedules 40th AGM for Sept 22, 2026; Recommends ₹0.50/Share Dividend

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 28 Aug 2026, 05:10 PM

Samkrg Pistons & Rings has issued the notice for its 40th Annual General Meeting (AGM) scheduled for September 22, 2026, via Video Conferencing. Key agenda items include the approval of the FY26 financial statements and the declaration of a ₹0.50 per share (5% of face value ₹10) dividend. The AGM will also consider the reappointment of Executive Director Saripalli Monish, who is retiring by rotation, and ratify the cost auditor's remuneration of ₹60,000 for FY27. The cut-off date for e-voting entitlement is set as September 15, 2026, with share transfer books closed from September 16 to September 22, 2026.

40th AGM scheduled on Tuesday, September 22, 2026, at 11:00 AM IST via VC/OAVM
Dividend of ₹0.50 per equity share (5% of face value ₹10) proposed for FY25-26
Cut-off date for e-voting set as September 15, 2026; book closure from September 16 to September 22, 2026
Cost auditor remuneration ratification of ₹60,000 plus expenses for FY26-27

💡 Shareholders holding shares on the cut-off date of September 15, 2026, are eligible to vote on resolutions. Track AGM proceedings and voting results post-September 22, 2026.

Promoter Karunakar Receives 20.36% Stake in Samkrg Pistons via Transmission

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 18 Aug 2026, 09:56 AM

Promoter and Chairman & MD Saripalli Karunakar disclosed the acquisition of 20,00,000 equity shares (representing 20.36% of total voting capital) in Samkrg Pistons and Rings Ltd on August 17, 2026. The acquisition occurred by way of transmission of shares from his deceased father, late Shri SDM Rao. Following the transmission, Karunakar's individual direct holding increased from 5.98% (5,86,971 shares) to 26.34% (25,86,971 shares). Because this is an inter-se transmission among promoters, total promoter group holding and public float remain unaffected.

20,00,000 equity shares representing 20.36% voting capital transferred via transmission
Transmission executed from late promoter Shri SDM Rao to legal heir Saripalli Karunakar
Acquirer's direct holding increased from 5.98% (5,86,971 shares) to 26.34% (25,86,971 shares)
Total voting equity capital of the company stands unchanged at 98,20,500 shares

💡 No action required; track upcoming quarterly shareholding patterns to confirm updated promoter classifications and focus on operational performance.

Promoter Saripalli Kishore Acquires 23.45% Stake via Transmission of Shares

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 17 Aug 2026, 12:52 PM

Samkrg Pistons & Rings disclosed an inter-se transfer of shares within the promoter group under SEBI SAST and PIT regulations. Promoter and Whole-time Director Saripalli Kishore acquired 23,03,531 equity shares (23.45% stake) on August 14, 2026, by way of transmission following the demise of his father, Shri SDM Rao. Consequently, Saripalli Kishore's individual holding increased from 6.59% (6,47,155 shares) to 30.04% (29,50,686 shares). This transaction is a succession-related transmission and does not alter the aggregate promoter group shareholding or involve market buying/selling.

Transmission of 23,03,531 equity shares (23.45% of total share capital) to Saripalli Kishore.
Individual promoter holding rises from 6,47,155 shares (6.59%) to 29,50,686 shares (30.04%).
Total voting equity base of the company remains unchanged at 98,20,500 shares.
Mode of transaction was an inter-se transmission of shares from deceased promoter Shri SDM Rao to legal heir.

💡 Track the upcoming quarterly shareholding patterns to confirm promoter group holding continuity and monitor operational updates during regular earnings releases.

Sept 15 Record Date Set for 40th AGM and Dividend Payment

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 13 Aug 2026, 02:41 PM

Samkrg Pistons & Rings has announced its 40th Annual General Meeting (AGM) for September 22, 2026. The company has fixed September 15, 2026, as the record date to determine eligibility for the FY25-26 dividend and voting rights. The dividend, previously intimated on May 29, 2026, is subject to shareholder approval at the meeting. With a market cap of ₹114 Cr and a P/E of 11.7, the company remains heavily dependent on the 2W ICE segment, which accounts for 95% of its revenue.

40th Annual General Meeting scheduled for September 22, 2026, via video conferencing.
Record date (cut-off) for dividend and voting eligibility fixed as September 15, 2026.
Book closure period set from September 16, 2026, to September 22, 2026.
Remote e-voting window opens September 18, 2026 (9:00 AM) and ends September 21, 2026 (5:00 PM).
Dividend payment is contingent on shareholder approval during the upcoming AGM.

💡 Investors interested in the dividend should ensure they hold shares by the record date of September 15, 2026. Monitor the AGM for management commentary on the transition strategy toward EV engine parts, given the current 95% revenue concentration in ICE components.

Rs 71.85 Cr Revenue in Q1 FY27, up 12.3% YoY; Net Profit Dips 6.6% to Rs 2.69 Cr

🟡 NEUTRAL ⭐ 6/10

EARNINGS 📅 10 Aug 2026, 12:37 PM

Samkrg Pistons & Rings reported a 12.3% YoY increase in revenue to Rs 71.85 Cr for the quarter ended June 30, 2026. However, Net Profit declined by 6.6% YoY to Rs 2.69 Cr, primarily due to a sharp 99% increase in finance costs, which rose to Rs 3.11 Cr from Rs 1.56 Cr in the year-ago period. Sequentially, revenue fell 14.4% compared to the March 2026 quarter (Rs 83.97 Cr), though PAT showed a slight recovery from Rs 2.45 Cr. The company has fixed September 15, 2026, as the record date for dividend eligibility.

Revenue from operations increased 12.3% YoY to Rs 71.85 Cr from Rs 63.97 Cr.
Net Profit for the quarter stood at Rs 2.69 Cr, down from Rs 2.88 Cr in Q1 FY26.
Finance costs doubled YoY, reaching Rs 3.11 Cr compared to Rs 1.56 Cr in the previous year's first quarter.
Earnings Per Share (EPS) for the quarter was Rs 2.74, compared to Rs 2.93 YoY and Rs 2.50 QoQ.
The 40th Annual General Meeting is scheduled for September 22, 2026, with a record date of September 15, 2026.

💡 Investors should monitor the rising finance costs and their impact on net margins, while watching for updates on the company's stated strategy to diversify into EV engine parts and non-ICE components.

Rs 2.69 Cr PAT in Q1 FY27; Samkrg Pistons Revenue Grows 12.3% YoY to Rs 71.85 Cr

🟡 NEUTRAL ⭐ 6/10

EARNINGS 📅 10 Aug 2026, 12:28 PM

Samkrg Pistons & Rings reported a mixed performance for Q1 FY27, with revenue from operations growing 12.3% YoY to Rs 71.85 Cr. However, Net Profit declined by 6.6% YoY to Rs 2.69 Cr, down from Rs 2.88 Cr in the year-ago period, as total expenses rose in tandem with revenue. Sequentially, revenue saw a 14.4% decline from Q4 FY26 (Rs 83.97 Cr), though PAT improved slightly from Rs 2.45 Cr. The company has scheduled its 40th AGM for September 22, 2026, and fixed September 15, 2026, as the record date for dividend eligibility.

Revenue from operations reached Rs 71.85 Cr in Q1 FY27, up from Rs 63.97 Cr in Q1 FY26.
Net Profit for the quarter stood at Rs 2.69 Cr, a 6.6% decrease compared to Rs 2.88 Cr in the same quarter last year.
Total expenses increased to Rs 69.20 Cr from Rs 61.60 Cr YoY, primarily driven by material costs of Rs 35.08 Cr.
Earnings Per Share (EPS) for the quarter was Rs 2.74, down from Rs 2.93 in Q1 FY26.
The company fixed September 15, 2026, as the record date for the purpose of determining dividend eligibility.

💡 Investors should monitor the company's ability to manage raw material costs and its progress in diversifying into non-ICE (Internal Combustion Engine) components, given its 95% revenue reliance on the 2W piston segment.

Samkrg Pistons & Rings to consider Q1 FY27 results on August 10, 2026

🟡 NEUTRAL ⭐ 3/10

BOARD_MEETING 📅 31 Jul 2026, 04:34 PM

Samkrg Pistons & Rings has scheduled a board meeting for August 10, 2026, to approve unaudited standalone financial results for the quarter ended June 30, 2026. The company enters this quarter following a FY26 performance that saw revenue reach Rs 286 Cr and PAT at Rs 10 Cr. Investors will be monitoring if the company can maintain the momentum from the March 2026 quarter, which recorded a peak revenue of Rs 83.97 Cr. The trading window for insiders has been closed since July 1, 2026, in compliance with SEBI regulations.

Board meeting scheduled for August 10, 2026, at 11:00 a.m. to approve Q1 results
Trading window for insiders closed from July 1, 2026, until 48 hours after results declaration
Company reported TTM revenue of Rs 286 Cr and OPM of 12.5% as of March 2026
Top 5 customers account for approximately 95% of OEM revenue, making quarterly performance highly sensitive to major client orders

💡 Watch for the financial results on August 10, 2026, specifically focusing on operating margins and any updates regarding the development of EV engine parts to mitigate ICE segment risks.

View All 520075 Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

Overall revenue remained flat at INR 245 Cr in FY25 compared to INR 246 Cr in FY24. The aftermarket segment showed healthy growth of 22% YoY, while the OEM segment declined by 6% due to sluggish offtake from domestic 2W manufacturers.

Geographic Revenue Split

Domestic sales account for approximately 83% of total revenue, while exports contributed 17% (INR 41.65 Cr) in FY24, driven by product quality in international markets.

Profitability Margins

Net Profit Margin significantly declined from 5.11% in FY24 to 2.40% in FY25. Operating Profit Margin also dropped from 8.12% to 7.07% according to management data, primarily due to increased employee costs and VRS settlements.

EBITDA Margin

Operating profitability (EBITDA margin) was reported at 12.7% in FY25, down from 13.3% in FY24. The decline occurred despite improved gross margins because of a steep increase in employee costs and salary hikes pending since COVID-19.

Capital Expenditure

The company has planned capital expenditure of INR 10-15 Cr over the medium term to fund capacity maintenance and potential expansion into new product lines.

Credit Rating & Borrowing

Crisil reaffirmed 'Crisil BBB+/Stable' for long-term and 'Crisil A2' for short-term facilities. The total rated bank loan facilities were enhanced to INR 83.85 Cr from INR 68.85 Cr.

⚙️ Operational Drivers

Raw Materials

Key raw materials include aluminum, silica, and steel, which are essential for manufacturing pistons, piston rings, and gudgeon pins.

Capacity Expansion

Current capacity is not specified in units, but the company operates a main plant in Hyderabad and two units in Srikakulam. Expansion is focused on new products like valves and connecting rods.

Raw Material Costs

Raw material costs are subject to high volatility; the company manages this through annual pricing contracts with OEMs that allow for cost pass-through with a 3-6 month lag.

Manufacturing Efficiency

The company is upgrading technologies to comply with BS6 and Euro emission norms to maintain competitiveness in domestic and export markets.

Logistics & Distribution

The company operates through a strong network of dealers and distributors across India to service the replacement market, which accounts for 33% of revenue.

📈 Strategic Growth

Growth Strategy

Growth will be driven by expanding the product portfolio to include valves and connecting rods, increasing presence in the 4W segment, and targeting higher export volumes. The company is also in the initial stages of developing EV engine parts in collaboration with existing clients.

Products & Services

Pistons, piston rings, gudgeon pins, auto shafts, valves, and connecting rods.

Brand Portfolio

SAMKRG

New Products/Services

Introduction of valves and connecting rods to diversify the product basket beyond traditional piston assemblies.

Market Expansion

Targeting expansion in the Indian domestic aftermarket and global export markets to reduce reliance on domestic OEMs.

Market Share & Ranking

Established position in the domestic 2W pistons and piston-rings market; specific percentage ranking not disclosed.

Strategic Alliances

Collaborating with existing OEM clientele for the development of EV-related engine parts.

🌍 External Factors

Industry Trends

The industry is shifting toward BS6/Euro norms and Electric Vehicles. While the 2W segment currently shows robust demand, the long-term trend is disrupting traditional engine component manufacturing.

Competitive Landscape

Faces intense competition from established players in the 4W segment and pricing pressure from dominant 2W OEMs.

Competitive Moat

Moat is built on 20+ years of promoter experience and long-standing 'sticky' relationships with major OEMs like Bajaj and TVS. Sustainability is challenged by the technological shift to EVs.

Macro Economic Sensitivity

Growth is closely tied to the performance of the Indian automobile industry and the health of the rural economy, which drives 2W demand.

Consumer Behavior

Shifts in consumer preference toward EVs and changes in emission/safety regulations are primary drivers of demand volatility.

Geopolitical Risks

Geopolitical instability in key export markets is identified as a risk that could disrupt demand uncertainty.

⚖️ Regulatory & Governance

Industry Regulations

Operations are governed by stringent environmental standards, including BS6 and Euro emission norms for auto components.

Environmental Compliance

Compliant with norms prescribed by the Telangana State and Andhra Pradesh Pollution Control Boards.

⚠️ Risk Analysis

Key Uncertainties

The primary uncertainty is the lack of EV-related products in the current portfolio, which could impact business performance over the medium term as the industry evolves.