Sprayking Ltd
Incorporated in 1980, Sprayking Agro Ltd is in the business of trading and exports of Brass items[1]
- Market Cap ₹ 207 Cr.
- Current Price ₹ 39.2
- High / Low ₹ 60.0 / 27.0
- Stock P/E 77.1
- Book Value ₹ 5.20
- Dividend Yield 0.00 %
- ROCE 13.0 %
- ROE 10.3 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
- Debtor days have improved from 140 to 33.2 days.
Cons
- Stock is trading at 7.55 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 36.4%
- Company has a low return on equity of 9.13% over last 3 years.
- Promoter holding has decreased over last 3 years: -36.4%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Non Ferrous Metals Industry: Mining / Minerals / Metals
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
11.21 | 16.23 | 14.06 | 15.15 | 17.64 | 23.28 | 28.64 | 25.64 | 18.60 | 15.99 | 19.33 | 31.14 | |
10.70 | 15.48 | 13.01 | 14.10 | 16.78 | 22.52 | 27.67 | 25.45 | 19.06 | 15.51 | 16.79 | 27.06 | |
Operating Profit | 0.51 | 0.75 | 1.05 | 1.05 | 0.86 | 0.76 | 0.97 | 0.19 | -0.46 | 0.48 | 2.54 | 4.08 |
OPM % | 4.55% | 4.62% | 7.47% | 6.93% | 4.88% | 3.26% | 3.39% | 0.74% | -2.47% | 3.00% | 13.14% | 13.10% |
0.09 | 0.17 | 0.29 | 0.22 | 0.54 | 0.61 | 0.40 | 0.85 | 1.90 | 0.01 | 0.00 | 0.30 | |
Interest | 0.20 | 0.41 | 0.52 | 0.52 | 0.64 | 0.63 | 0.66 | 0.55 | 0.40 | 0.00 | 0.11 | 0.37 |
Depreciation | 0.37 | 0.40 | 0.77 | 0.67 | 0.65 | 0.60 | 0.52 | 0.44 | 0.16 | 0.02 | 0.11 | 0.45 |
Profit before tax | 0.03 | 0.11 | 0.05 | 0.08 | 0.11 | 0.14 | 0.19 | 0.05 | 0.88 | 0.47 | 2.32 | 3.56 |
Tax % | 33.33% | 27.27% | 20.00% | 25.00% | 27.27% | 21.43% | 31.58% | 20.00% | 29.55% | 25.53% | 26.72% | 24.44% |
0.02 | 0.07 | 0.04 | 0.05 | 0.08 | 0.12 | 0.13 | 0.03 | 0.62 | 0.35 | 1.70 | 2.69 | |
EPS in Rs | 0.03 | 0.11 | 0.06 | 0.01 | 0.02 | 0.02 | 0.02 | 0.01 | 0.12 | 0.07 | 0.32 | 0.51 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 2% |
3 Years: | 19% |
TTM: | 61% |
Compounded Profit Growth | |
---|---|
10 Years: | 44% |
5 Years: | 86% |
3 Years: | 91% |
TTM: | 58% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 79% |
3 Years: | 166% |
1 Year: | 46% |
Return on Equity | |
---|---|
10 Years: | 5% |
5 Years: | 6% |
3 Years: | 9% |
Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.38 | 0.38 | 0.38 | 2.28 | 3.17 | 3.17 | 3.17 | 3.17 | 3.17 | 3.17 | 6.34 | 10.57 |
Reserves | 1.43 | 1.50 | 1.53 | 3.63 | 4.69 | 4.79 | 4.93 | 4.96 | 5.58 | 5.93 | 18.41 | 16.87 |
4.60 | 7.07 | 9.42 | 7.92 | 5.82 | 6.84 | 6.40 | 5.03 | 0.36 | 0.00 | 1.30 | 6.75 | |
2.08 | 4.27 | 1.18 | 0.60 | 3.27 | 1.75 | 0.73 | 0.45 | 0.70 | 2.60 | 0.93 | 20.58 | |
Total Liabilities | 8.49 | 13.22 | 12.51 | 14.43 | 16.95 | 16.55 | 15.23 | 13.61 | 9.81 | 11.70 | 26.98 | 54.77 |
2.75 | 4.02 | 3.45 | 3.62 | 3.44 | 3.29 | 2.89 | 2.36 | 0.15 | 0.24 | 0.55 | 6.06 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 6.11 |
5.70 | 9.20 | 9.06 | 10.81 | 13.51 | 13.26 | 12.34 | 11.25 | 9.66 | 11.46 | 26.43 | 42.60 | |
Total Assets | 8.49 | 13.22 | 12.51 | 14.43 | 16.95 | 16.55 | 15.23 | 13.61 | 9.81 | 11.70 | 26.98 | 54.77 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-1.14 | -0.70 | -1.01 | -0.72 | 1.42 | -0.12 | 0.93 | 1.57 | 0.64 | 1.09 | -2.83 | 7.75 | |
-0.23 | -1.55 | -0.15 | -0.96 | -0.84 | -0.29 | 0.11 | 0.30 | 3.78 | -0.35 | -12.69 | -11.68 | |
1.35 | 2.28 | 1.15 | 1.92 | -0.68 | 0.25 | -1.04 | -1.85 | -4.42 | -0.36 | 15.13 | 5.08 | |
Net Cash Flow | -0.02 | 0.03 | -0.01 | 0.23 | -0.10 | -0.16 | 0.00 | 0.02 | -0.01 | 0.38 | -0.39 | 1.15 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 26.37 | 8.55 | 5.45 | 20.48 | 72.63 | 60.68 | 34.92 | 47.69 | 163.07 | 213.43 | 172.78 | 33.17 |
Inventory Days | 141.25 | 195.25 | 235.21 | 212.50 | 189.98 | 147.00 | 126.07 | 110.07 | 1.23 | 5.09 | 82.31 | 195.27 |
Days Payable | 78.33 | 11.88 | 4.81 | 7.62 | 11.91 | 28.17 | 7.44 | 1.67 | 6.79 | 61.81 | 3.29 | 215.87 |
Cash Conversion Cycle | 89.29 | 191.91 | 235.85 | 225.36 | 250.70 | 179.51 | 153.55 | 156.09 | 157.52 | 156.71 | 251.80 | 12.57 |
Working Capital Days | 114.94 | 108.40 | 180.68 | 212.74 | 180.22 | 158.35 | 132.41 | 139.51 | 174.26 | 189.92 | 476.03 | 243.80 |
ROCE % | 4.12% | 6.77% | 5.62% | 4.77% | 5.45% | 5.41% | 5.73% | 4.27% | -1.17% | 5.16% | 13.83% |
Documents
Announcements
- Compliances-Reg.24(A)-Annual Secretarial Compliance 1d
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
2d - Newspaper Advertisement- Financial Performance Report of FY 2023-24
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
2d - Newspaper Publication of Financials for FY 2023-24
- Announcement under Regulation 30 (LODR)-Change in Management 28 May
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 28 May
Business Overview:[1]
Company manufactures brass components and parts, including fittings, forging equipment, transformer parts, and other customized brass components. It specializes in manufacturing of copper forging products and is in the business of manufacturing and trading of agricultural sprayer parts & garden fittings, extruded brass rods, brass fittings & lead free brass fittings and forging specialty