Spright Agro Ltd

Spright Agro Ltd

₹ 3.84 -1.79%
10 Jun - close price
About

Incorporated in 1994, Tine Agro Ltd is in the business of Trading of Agriculture products and related activities

Key Points

Business Overview:[1]
Company develops Agricultural and forest resources based Industries and also plants, grows, cultivates, produces, and raises plantations of various agricultural crops, forest, other plantation, horticultural crops, Green House, Net House, medicinal and aromatic plants in their own farms or taken on lease and to carry on the business as a manufacturer, importers and exporters, whole seller, retailer and dealers of all type of agricultural and other commodities.

  • Market Cap 411 Cr.
  • Current Price 3.84
  • High / Low 44.7 / 3.33
  • Stock P/E 21.0
  • Book Value 1.22
  • Dividend Yield 0.00 %
  • ROCE 20.8 %
  • ROE 20.0 %
  • Face Value 1.00

Pros

  • Company is almost debt free.
  • Company has delivered good profit growth of 162% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Tax rate seems low
  • Company has high debtors of 181 days.
  • Working capital days have increased from 116 days to 212 days

* 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.

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Quarterly Results

Figures in Rs. Crores

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
2.24 3.21 0.41 1.91 2.18 2.91 3.12 22.68 43.76 52.88 54.03 54.91 3.06
3.38 3.19 0.40 1.90 2.21 2.69 2.88 16.76 37.57 46.26 47.09 48.04 3.32
Operating Profit -1.14 0.02 0.01 0.01 -0.03 0.22 0.24 5.92 6.19 6.62 6.94 6.87 -0.26
OPM % -50.89% 0.62% 2.44% 0.52% -1.38% 7.56% 7.69% 26.10% 14.15% 12.52% 12.84% 12.51% -8.50%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.12 0.09 0.06 0.08 0.07
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.00 0.03
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax -1.14 0.02 0.01 0.01 -0.03 0.22 0.24 5.92 6.31 6.71 6.98 6.95 -0.22
Tax % 0.00% 50.00% 0.00% 0.00% -33.33% 27.27% 25.00% 7.09% 8.24% 6.86% 0.29% -2.16% 222.73%
-1.15 0.01 0.01 0.01 -0.02 0.16 0.18 5.50 5.78 6.25 6.96 7.09 -0.71
EPS in Rs -0.05 0.00 0.00 0.00 -0.05 0.40 0.45 0.05 0.05 0.06 0.06 0.07 -0.01
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
0 0 0 0 0 0 0 0 11 8 72 165
0 0 0 0 1 0 0 0 11 8 60 145
Operating Profit -0 -0 -0 -0 -0 0 -0 0 0 0 13 20
OPM % -300% -57% 0% 64% 0% 0% 17% 12%
0 0 0 0 0 0 0 0 0 0 0 0
Interest 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax -0 -0 -0 -0 -0 0 -0 0 0 0 13 20
Tax % 0% 0% 0% 0% 0% 0% 0% 0% 0% 8% 4%
-0 -0 -0 -0 -0 0 -0 0 0 0 12 20
EPS in Rs -0.00 -0.00 -0.00 -0.00 -0.01 0.00 -0.01 0.01 0.00 0.02 0.11 0.18
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 145%
TTM: 128%
Compounded Profit Growth
10 Years: 91%
5 Years: 162%
3 Years: 1151%
TTM: 69%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 111%
1 Year: -81%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 20%

Balance Sheet

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 6 6 6 6 6 6 6 6 6 6 50 107
Reserves -6 -6 -6 -6 -6 -6 -7 -6 -6 -6 16 23
0 0 1 1 1 1 1 1 0 0 0 0
0 0 0 0 0 0 0 0 7 4 3 6
Total Liabilities 0 0 0 0 0 0 0 0 7 4 69 137
0 0 0 0 0 0 0 0 0 0 0 0
CWIP 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 0 0 0 5 5
0 0 0 0 0 0 0 0 7 4 64 132
Total Assets 0 0 0 0 0 0 0 0 7 4 69 137

Cash Flows

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-0 -0 -0 0 0 -0 -0 1 1 0 -22 -42
0 0 0 0 0 0 0 0 0 0 -5 -1
0 0 0 0 0 0 0 -1 -1 -0 26 43
Net Cash Flow 0 -0 0 0 0 0 -0 -0 0 0 0 0

Ratios

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 1,825 33 0 365 222 170 106 181
Inventory Days 0 0 0 0 0 87 49
Days Payable 9 12
Cash Conversion Cycle 1,825 33 0 365 222 170 184 218
Working Capital Days -365 -249 -24 310 -18 -29 164 212
ROCE % -240% -15% 162% 39% 21%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
3.53% 3.43% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
96.47% 96.58% 100.00% 99.99% 100.00% 100.00% 100.01% 100.00% 99.99% 100.00% 99.99% 100.00%
No. of Shareholders 18,38617,05416,62316,13110,82710,3999,7939,3179,69616,51065,14775,867

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