Auto Stock To Reward Shareholders With All-Time High Dividend of Rs 10–Key Levels Every Trader Should Watch

Nearly all OEMs in India, as well as a number of OEMs in Europe, the USA, and Asia acknowledge Shriram Pistons & Rings Limited (SPRL) as a reliable supplier of engine valves, pistons, pins, and piston rings of the newest technology. SPRL has become the largest producer of engine valves, rings, and pistons in India. Following the Board's announcement of the highest-ever dividend of Rs 10 and the Q4 results, the shares of Shriram Pistons & Rings closed Monday's trading session 2.03% higher on the BSE at Rs 2240 per share, with a market capitalization of Rs 9,867.16 Cr. Here is your stock trading guide for upcoming sessions.

Shriram Pistons Dividend

The Board of Directors "recommended Final Dividend of Rs. 10/- per share (face value of Rs.10/- per share) for the Financial Year 2024-25, inclusive of Interim Dividend of Rs. 5/- per share already paid. The payment of dividend / dispatch of dividend warrants will be completed within 30 days of declaration at the ensuing Annual General Meeting (AGM) of the Company," said Shriram Pistons & Rings in a stock exchange filing.
On Friday, August 1, 2025, the company will have its 61st Annual General Meeting (AGM).

Shriram Pistons Dividend Dates

"Pursuant to the Regulation 42 of SEBI Listing Regulations, 2015, it is hereby informed that the Record Date has been fixed as Friday, July 25, 2025 for the purpose of ascertaining the entitlement of Members for the payment of Final Dividend (if declared at the 61st AGM). The Register of Members and Share Transfer Books of the Company will remain closed for the purpose of 61st AGM and ascertaining the entitlement of Members for the Final Dividend (if declared at the AGM) from Saturday, July 26, 2025, to Friday, August 1, 2025 (both days inclusive)," Shriram Pistons informed stock exchanges.

Shriram Pistons Q4 Results

In comparison to the Rs 119.61 crore reported in Q4 FY24, the firm recorded a 22.52% rise in consolidated net profit to Rs 146.55 crore in Q4 FY25. In the quarter that concluded on March 31, 2025, revenue from operations increased by 15.52% to Rs 988.37 crore. In comparison to the Rs 157.91 crore reported in the same quarter previous year, the profit before tax (PBT) increased 27.33% to Rs 201.07 crore. In Q4 of FY25, the total expenses rose 12.90% YoY to Rs 814.72 crore. EBITDA increased 18.33% from Rs. 200.93 crore in the March 2024 quarter to Rs. 237.76 crore in the March 2025 quarter.

The net profit for the entire year increased 14.49% to Rs 506.68 crore in March 2025 compared to Rs 442.55 crore in March 2024. Compared to Rs 3089.33 crore in the year ending March 2024, sales increased 14.91% to Rs 3549.83 crore in the year ending March 2025.

Shriram Pistons & Rings Share Price Target

"Shriram Pistons is trending higher with strong price action and has recently retested support near ₹2,200. The stock is respecting a rising trendline and staying above key moving averages. If it sustains above ₹2,280, it may attempt a move toward ₹2,350. Immediate support lies at ₹2,200 and resistance at ₹2,300-₹2,350. Volume activity supports the bullish view. Traders may look to accumulate on dips with a stop loss at ₹2,180. The trend remains positive with potential for continued upward momentum in the short term," commented Riyank Arora - Technical Analyst - Mehta Equities Limited.

Disclaimer

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