Sprayking Ltd
Incorporated in 1980, Sprayking Ltd is in the business of trading & exporting of Brass items.[1]
- Market Cap ₹ 31.1 Cr.
- Current Price ₹ 1.47
- High / Low ₹ 4.10 / 1.45
- Stock P/E 5.58
- Book Value ₹ 1.91
- Dividend Yield 0.00 %
- ROCE 15.6 %
- ROE 23.7 %
- Face Value ₹ 1.00
Pros
- Stock is trading at 0.77 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 36.4%
- Company might be capitalizing the interest cost
- Debtor days have increased from 46.7 to 58.5 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.
Peer comparison
Industrials Capital Goods Industrial Products Other Industrial Products
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|
| 19 | 102 | 130 | 113 | |
| 17 | 86 | 118 | 102 | |
| Operating Profit | 3 | 15 | 12 | 10 |
| OPM % | 13% | 15% | 10% | 9% |
| -0 | 0 | 1 | 3 | |
| Interest | 0 | 1 | 2 | 3 |
| Depreciation | 0 | 2 | 2 | 3 |
| Profit before tax | 2 | 12 | 10 | 8 |
| Tax % | 27% | 28% | 25% | |
| 2 | 9 | 7 | 6 | |
| EPS in Rs | 0.08 | 0.42 | 0.34 | 0.26 |
| Dividend Payout % | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 12% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 22% |
| 3 Years: | -19% |
| 1 Year: | -63% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 24% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|
| Equity Capital | 11 | 21 | 22 |
| Reserves | 19 | 11 | 18 |
| 34 | 47 | 44 | |
| 33 | 27 | 16 | |
| Total Liabilities | 97 | 105 | 101 |
| 17 | 26 | 27 | |
| CWIP | -0 | -0 | 13 |
| Investments | 1 | 1 | 1 |
| 79 | 78 | 60 | |
| Total Assets | 97 | 105 | 101 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| -20 | -11 | ||
| -8 | -13 | ||
| 32 | 21 | ||
| Net Cash Flow | 3 | -3 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Debtor Days | 35 | 58 | |
| Inventory Days | 123 | 94 | |
| Days Payable | 72 | 41 | |
| Cash Conversion Cycle | 86 | 111 | |
| Working Capital Days | 59 | 50 | |
| ROCE % | 16% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Workforce / Number of Employees Number ・Standalone data |
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| Trade Receivables Turnover Ratio ・Standalone data |
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| Actual Production Volume Metric Tons (MT) ・Standalone data |
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| Capacity Utilization % ・Standalone data |
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| Installed Manufacturing Capacity Metric Tons (MT) Per Year ・Standalone data |
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Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
16 Feb - Newspaper Advertisement Under Regulation 47 read with Regulation 33 of SEBI (LODR) Regulations, 2015
- Financial Results For The Quarter Ended December 31, 2025 14 Feb
-
Board Meeting Outcome for Outcome Of Board Meeting Held On February 14, 2026
14 Feb - Approved unaudited Q3 (Dec 31, 2025) results; consolidated nine-month net profit Rs433.02 lakh; office shifted Feb 14, 2026.
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Board Meeting Intimation for Consideration And Approval Of Unaudited Financial Results
(Standalone And Consolidated) For Quarter Ended December 31, 2025.
5 Feb - Board meeting Feb 14, 2026 to approve unaudited standalone and consolidated results for quarter ended Dec 31, 2025.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
15 Jan - Certificate under Regulation 74(5) of SEBI (DP) Regulation, 2018 for the quarter ended December 31, 2025
Business Overview:[1]
SKL was the first listed company in the BSE SME segment for the manufacture of 100% brass parts. The company deals exclusively with
100% brass as its processing material and specializes in a range of products, including Brass Fittings, Brass Forging Equipment, Brass Transformer Parts, and a variety of Custom Brass Components.