Sprayking Ltd
Incorporated in 1980, Sprayking Agro Ltd is in the business of trading and exports of Brass items[1]
- Market Cap ₹ 44.6 Cr.
- Current Price ₹ 2.11
- High / Low ₹ 8.61 / 1.90
- Stock P/E 10.5
- Book Value ₹ 1.50
- Dividend Yield 0.00 %
- ROCE 15.1 %
- ROE 17.1 %
- Face Value ₹ 1.00
Pros
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
- Earnings include an other income of Rs.4.36 Cr.
- Debtor days have increased from 47.2 to 59.6 days.
- 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
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 | 128 | 114 | |
| 17 | 86 | 118 | 107 | |
| Operating Profit | 3 | 15 | 10 | 7 |
| OPM % | 13% | 15% | 8% | 6% |
| 0 | 0 | 3 | 4 | |
| Interest | 0 | 1 | 2 | 2 |
| Depreciation | 0 | 2 | 2 | 3 |
| Profit before tax | 2 | 12 | 10 | 7 |
| Tax % | 27% | 28% | 25% | |
| 2 | 9 | 7 | 6 | |
| EPS in Rs | 0.08 | 0.42 | 0.25 | 0.20 |
| 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: | -51% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 38% |
| 1 Year: | -74% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 17% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Equity Capital | 11 | 11 | |
| Reserves | 19 | 21 | |
| 34 | 51 | ||
| 33 | 23 | ||
| Total Liabilities | 97 | 106 | |
| 17 | 26 | ||
| CWIP | 0 | 0 | |
| Investments | 1 | 1 | |
| 79 | 78 | ||
| Total Assets | 97 | 106 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| -20 | -7 | ||
| -8 | -11 | ||
| 32 | 15 | ||
| Net Cash Flow | 3 | -3 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Debtor Days | 35 | 60 | |
| Inventory Days | 123 | 94 | |
| Days Payable | 72 | 41 | |
| Cash Conversion Cycle | 86 | 113 | |
| Working Capital Days | 57 | 49 | |
| ROCE % | 15% |
Documents
Announcements
-
Reg. 34 (1) Annual Report.
29 Aug - Revised Annual Report correcting EBITDA; 21st AGM Sept 18, 2025; authorised capital Rs22.5Cr; loans/RPT limits Rs50Cr.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
27 Aug - Newspaper Clipping - Notice of 21st Annual General Meeting
- Intimation Of Book Closure For 21St Annual General Meeting 26 Aug
- Reg. 34 (1) Annual Report. 26 Aug
-
Notice Of 21St Annual General Meeting (AGM) To Be Held On Thursday, September 18, 2025.
26 Aug - AGM Sep 18, 2025; adopt FY24-25 accounts; authorize loans/investments and RPTs up to Rs50 Crore; increase authorised capital Rs50 lakh.
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