31-Oct-2026 22:50:05

SHRIPISTONAcquisition and merger

SPR AUTO TECHNOLOGIES Q2 FY27: REVENUE UP 61% YOY; ₹1,000 CR QIP RAISED, AUTO INTERIORS EXPANSION & EV BUSINESS GROWTH PLANS

• Margin Pressure: EBITDA margin declined to 17.9% from 22.4% YoY and approximately 18.9% QoQ, impacted by higher commodity costs, wage revisions and product mix changes • Capital Raising: Successfully raised ₹1,000 Cr through QIP during Q2 FY27 to strengthen the balance sheet and support future growth initiatives • Acquisition Expansion: Recently acquired three Indian entities of Antolin, strengthening its automotive interiors and lighting business • New Business Performance: Acquired automotive interiors and lighting businesses delivered strong revenue and profitability performance during the quarter • Finance Cost Pressure: Additional finance costs of ₹23.4 Cr related to Antolin acquisitions affected Q2 consolidated profitability; management expects normalisation following debt repayment • Adjusted Profit Growth: Excluding acquisition-related additional finance costs, Q2 PBT increased 23% YoY versus reported growth of 10.7% • EV Business Expansion: Focused on expanding EV motors, controllers, high-precision injection-moulded components and powertrain-agnostic automotive solutions • Renewable Energy Plans: Signed a Power Purchase Agreement with Sunsure Solarpark Forty for renewable electricity at Pathredi and Neemrana manufacturing facilities in Rajasthan • Cost Optimisation: Renewable power sourcing expected to support energy cost efficiency, while management focuses on manufacturing productivity and operating discipline • Domestic Demand Outlook: Strong demand across passenger vehicles, commercial vehicles, two-wheelers and three-wheelers supports future business opportunities • International Expansion: Focused on increasing customer penetration across products and geographies, supported by existing operations serving more than 30 countries • Standalone Performance: Total income increased 16.9% YoY to ₹1,050 Cr, while EBITDA remained nearly flat at ₹208.7 Cr and PAT declined 11.2% to ₹118.9 Cr • Future Growth Strategy: Focused on automotive interiors, EV mobility solutions, product diversification, deeper OEM relationships and operational efficiencies • FY27 Guidance & Capex: Management remains confident about growth opportunities but has not disclosed quantified FY27 revenue growth, EBITDA margin or fresh capex targets

SPR AUTO TECHNOLOGIES LTD

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