Shriram Pistons & Rings Ltd
NSE:SHRIPISTON

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Shriram Pistons & Rings Ltd
NSE:SHRIPISTON
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Price: 1 796.7 INR -1.89% Market Closed
Market Cap: 79.1B INR

Gross Margin
Shriram Pistons & Rings Ltd

59.6%
Current
57%
Average
20.3%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
59.6%
=
Gross Profit
18.4B
/
Revenue
30.9B

Gross Margin Across Competitors

Shriram Pistons & Rings Ltd
Glance View

Economic Moat
Wide
Market Cap
79.1B INR
Industry
Auto Components

Shriram Pistons & Rings Ltd. emerged as a formidable player in the Indian automotive component manufacturing industry, weaving a story of precision engineering and keen business acumen. Founded in the mid-1970s, the company has etched its identity by specializing in the production of pistons, piston rings, and engine valves. These components are crucial for the internal combustion engines that power a wide range of vehicles, from two-wheelers and passenger cars to commercial vehicles. With its advanced manufacturing processes and a strong emphasis on research and development, Shriram Pistons has managed to establish partnerships with globally renowned technical collaborators. This has enabled it to stay at the forefront of technology and quality, catering to major automotive OEMs and the aftermarket industry both domestically and internationally. The company’s revenue model is intricately tied to the rhythm of the automotive industry, capitalizing on the persistent demand for replacement parts. Beyond manufacturing, Shriram Pistons & Rings has adeptly leveraged its expansive distribution network, ensuring it meets customer demand swiftly and efficiently. This strategic focus on both OEM supply chains and aftermarket sales aids in smoothing revenue streams, alleviating some of the fluctuations typical in the automotive sector. Furthermore, as the auto industry pivots towards stricter emission norms and enhanced fuel efficiency, Shriram Pistons is positioned to benefit by supplying high-performance components that meet the new regulatory standards. This convergence of technical expertise, robust market presence, and adaptability keeps Shriram Pistons & Rings thriving in an ever-evolving industry landscape.

SHRIPISTON Intrinsic Value
1 649.83 INR
Overvaluation 8%
Intrinsic Value
Price
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
59.6%
=
Gross Profit
18.4B
/
Revenue
30.9B
What is the Gross Margin of Shriram Pistons & Rings Ltd?

Based on Shriram Pistons & Rings Ltd's most recent financial statements, the company has Gross Margin of 59.6%.

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