Sprayking Ltd
Incorporated in 1980, Sprayking Ltd is in the business of trading & exporting of Brass items.[1]
- Market Cap ₹ 24.3 Cr.
- Current Price ₹ 1.15
- High / Low ₹ 3.38 / 1.00
- Stock P/E 12.8
- Book Value ₹ 2.73
- Dividend Yield 0.00 %
- ROCE 7.99 %
- ROE 4.25 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Stock is trading at 0.42 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 36.4%
- Tax rate seems low
- Working capital days have increased from 93.4 days to 171 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 | Mar 2026 | |
|---|---|---|---|---|
| 19 | 102 | 130 | 129 | |
| 17 | 86 | 118 | 121 | |
| Operating Profit | 3 | 15 | 12 | 8 |
| OPM % | 13% | 15% | 10% | 6% |
| 0 | 0 | 1 | 2 | |
| Interest | 0 | 1 | 2 | 3 |
| Depreciation | 0 | 2 | 2 | 3 |
| Profit before tax | 2 | 12 | 10 | 5 |
| Tax % | 27% | 28% | 25% | 14% |
| 2 | 9 | 7 | 4 | |
| EPS in Rs | 0.08 | 0.42 | 0.34 | 0.09 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 88% |
| TTM: | -1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 4% |
| TTM: | -74% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 5% |
| 3 Years: | -49% |
| 1 Year: | -65% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 17% |
| Last Year: | 4% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Equity Capital | 11 | 21 | 21 | |
| Reserves | 19 | 11 | 37 | |
| 34 | 47 | 24 | ||
| 33 | 27 | 37 | ||
| Total Liabilities | 97 | 105 | 119 | |
| 17 | 26 | 29 | ||
| CWIP | 0 | 0 | 0 | |
| Investments | 1 | 1 | 1 | |
| 79 | 78 | 89 | ||
| Total Assets | 97 | 105 | 119 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| -20 | -11 | -9 | ||
| -8 | -13 | -4 | ||
| 32 | 21 | 14 | ||
| Net Cash Flow | 3 | -3 | 0 | |
| Free Cash Flow | -27 | -22 | -15 | |
| CFO/OP | -110% | -73% | -103% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 35 | 58 | 46 | |
| Inventory Days | 123 | 94 | 140 | |
| Days Payable | 72 | 41 | 26 | |
| Cash Conversion Cycle | 86 | 111 | 160 | |
| Working Capital Days | 59 | 50 | 171 | |
| ROCE % | 16% | 8% |
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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Extracted by Screener AI
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
29 May - Annual secretarial compliance report for FY2025-26 notes Rs5,900 penalty for delayed related party disclosure.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
28 May - Newspaper Advertisement under Regulation 47 read with Regulation 33 of the SEBI (LODR), Regulations, 2015
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Board Meeting Outcome for Outcome Of Board Meeting Held On Tuesday, May 26, 2026
26 May - Board approved audited standalone and consolidated FY26 results on May 26, 2026; auditors issued unmodified opinion.
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Results For The Financial Year Ended March 31, 2026
26 May - Board approved audited standalone and consolidated results for quarter and year ended March 31, 2026.
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Board Meeting Intimation for Intimation Of Board Meeting For Consideration And Approval Of Audited Financial Results (Standalone And Consolidated) For Quarter And Year Ended March 31, 2026
19 May - Board meeting on May 26, 2026 to approve audited standalone and consolidated FY26 results.
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.