SPR Auto TechnologiesNSE:SHRIPISTON +4.60%80 Gross Margin % is 48.50% as of Mar. 2026, which is 8% below its 10-year median of 52.97. GuruFocus rates NSE:SHRIPISTON with a GF Score™ of 80/100 and a GF Value™ of ₹3,167.70 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,310 Vehicles & Parts companies, SPR Auto Technologies ranks better than 95.8% on this metric.
NSE:SHRIPISTON's Gross Margin % is ranked better than 95.8% of 1310
companies
in the Vehicles & Parts industry
Industry Median: 19.835
vs NSE:SHRIPISTON: 53.86
SPR Auto Technologies had a gross margin of 48.50% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for SPR Auto Technologies was 1.60% per year.
SPR Auto Technologies (NSE:SHRIPISTON) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
SPR Auto Technologies had a gross margin of 48.50% for the quarter that ended in Mar. 2026 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
SPR Auto Technologies Gross Margin % Related Terms
SPR Auto Technologies Gross Margin % Historical Data
* Premium members only.
The historical data trend for SPR Auto Technologies's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:SHRIPISTON vs ORLY, AZO: Gross Margin % Comparison
For the Auto Parts subindustry, SPR Auto Technologies's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
SPR Auto Technologies Gross Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, SPR Auto Technologies's Gross Margin % distribution charts can be found below:
* The bar in red indicates where SPR Auto Technologies's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
SPR Auto Technologies (NSE:SHRIPISTON) has a Gross Margin % of 48.50% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on SPR Auto Technologies and its competitors. This is near median its historical median of 52.97. Over the past decade, SPR Auto Technologies' Gross Margin % has ranged from 47.33 to 58.09. According to the industry distribution chart, SPR Auto Technologies ranks #55 out of 1310 companies in the Vehicles & Parts industry, placing it in the top 4.2%.
Is SPR Auto Technologies' Gross Margin % too high?
SPR Auto Technologies' current Gross Margin % of 48.50% is near median its 10-year median of 52.97. Over the past 10 years, this metric has ranged from a low of 47.33 to a high of 58.09. The Vehicles & Parts industry median Gross Margin % is 19.84. SPR Auto Technologies' value of 48.50% is 144.5% above this industry median. Based on the distribution chart, SPR Auto Technologies ranks #55 out of 1310 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, SPR Auto Technologies has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SPR Auto Technologies' Gross Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, SPR Auto Technologies ranks #55 out of 1310 companies for Gross Margin %. This places SPR Auto Technologies in the top 4% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 19.84. SPR Auto Technologies' value of 48.50% is 144.5% above this benchmark. Historically, SPR Auto Technologies' own Gross Margin % has ranged from 47.33 to 58.09 over the past decade. While the company's 10-year median is 52.97 vs. the industry median of 19.84, SPR Auto Technologies has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.84, based on 1,310 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SPR Auto Technologies's current Gross Margin % of 48.50% is 144.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on SPR Auto Technologies and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPR Auto Technologies's current Gross Margin % is 48.50%, which is near median its own 10-year median of 52.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPR Auto Technologies stock overvalued right now?
Based on GuruFocus' analysis, SPR Auto Technologies (NSE:SHRIPISTON) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3,167.70, compared to a current price of ₹4,380.20 — trading 38.3% above its estimated fair value. The current Gross Margin % is 48.50%, which is near median its 10-year median of 52.97 and 144.5% above the Vehicles & Parts industry median of 19.84. SPR Auto Technologies' overall GF Score™ is 80/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For SPR Auto Technologies (NSE:SHRIPISTON), the current Gross Margin % is 48.50% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is SPR Auto Technologies (NSE:SHRIPISTON) Overvalued in 2026?
Based on GuruFocus' analysis, SPR Auto Technologies stock appears to be overvalued.
The current stock price of ₹4,380.20 is trading 38.3% above its estimated GF Value™ of ₹3,167.70.
GuruFocus considers SPR Auto Technologies to be Significantly Overvalued.
Key valuation signals for NSE:SHRIPISTON:
Gross Margin %: 48.50% (near median its 10-year median of 52.97)
GF Value™: ₹3,167.70 vs. price of ₹4,380.20 (38.3% above fair value)
Industry Position: 144.5% above the Vehicles & Parts median (#55 of 1310)
No single metric tells the full story. See the NSE:SHRIPISTON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SPR Auto Technologies Ltd, formerly known as Shriram Pistons & Rings Ltd, is engaged in the business of manufacturing and marketing its automotive component. The company's product portfolio comprises Pistons, Piston Pins, Piston Rings, and Engine Valves. Its product is used by passenger commercial vehicles, cars, two-wheelers, tractors, and stationary engines. The company derives revenue mainly from sales in the domestic market.
80GF Score
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