Spinaroo Commercial Ltd
₹ 60.0
2.60%
05 May
- close price
About
Incorporated in 2012, Spinaroo Commercial Ltd manufactures aluminium and paper products, and deals in machineries.[1]
Key Points
- Market Cap ₹ 42.0 Cr.
- Current Price ₹ 60.0
- High / Low ₹ 83.8 / 26.6
- Stock P/E 77.7
- Book Value ₹ 24.1
- Dividend Yield 0.00 %
- ROCE 6.27 %
- ROE 4.44 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 12.7% over last 3 years.
- Working capital days have increased from 68.2 days to 120 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.
Loading peers table ...
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 47.43 | 53.12 | 40.84 | 39.31 | 39.27 | |
| 45.18 | 50.92 | 38.18 | 36.36 | 37.82 | |
| Operating Profit | 2.25 | 2.20 | 2.66 | 2.95 | 1.45 |
| OPM % | 4.74% | 4.14% | 6.51% | 7.50% | 3.69% |
| 0.13 | 0.07 | 0.38 | 0.02 | 0.01 | |
| Interest | 0.81 | 0.78 | 0.75 | 0.71 | 0.45 |
| Depreciation | 0.64 | 0.51 | 0.43 | 0.29 | 0.25 |
| Profit before tax | 0.93 | 0.98 | 1.86 | 1.97 | 0.76 |
| Tax % | 44.09% | 5.10% | 24.73% | 26.90% | 28.95% |
| 0.52 | 0.93 | 1.40 | 1.44 | 0.54 | |
| EPS in Rs | 5.20 | 9.30 | 14.00 | 2.88 | 0.77 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -10% |
| TTM: | 0% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -17% |
| TTM: | -63% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -12% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 14% |
| 3 Years: | 13% |
| Last Year: | 4% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 1.00 | 1.00 | 1.00 | 5.00 | 6.99 |
| Reserves | 2.70 | 3.63 | 5.03 | 2.47 | 9.84 |
| 9.00 | 8.44 | 7.52 | 7.79 | 6.51 | |
| 5.12 | 6.40 | 5.13 | 4.95 | 4.50 | |
| Total Liabilities | 17.82 | 19.47 | 18.68 | 20.21 | 27.84 |
| 2.85 | 2.45 | 1.77 | 1.62 | 1.52 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.32 |
| Investments | 0.24 | 0.24 | 0.41 | 0.43 | 1.74 |
| 14.73 | 16.78 | 16.50 | 18.16 | 24.26 | |
| Total Assets | 17.82 | 19.47 | 18.68 | 20.21 | 27.84 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 1.23 | 1.81 | -0.64 | 0.93 | -6.37 | |
| -0.33 | -0.11 | 0.74 | -0.13 | -1.78 | |
| -1.26 | -1.33 | -0.15 | -0.81 | 7.70 | |
| Net Cash Flow | -0.36 | 0.37 | -0.05 | 0.00 | -0.44 |
| Free Cash Flow | 1.11 | 1.69 | 0.10 | 0.80 | -6.84 |
| CFO/OP | 77% | 95% | -7% | 49% | -405% |
Ratios
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 29.63 | 31.88 | 33.60 | 35.66 | 45.54 |
| Inventory Days | 72.56 | 76.02 | 119.09 | 141.71 | 190.34 |
| Days Payable | 34.21 | 41.53 | 41.27 | 44.73 | 42.93 |
| Cash Conversion Cycle | 67.98 | 66.37 | 111.43 | 132.64 | 192.96 |
| Working Capital Days | 10.00 | 17.18 | 34.68 | 49.86 | 120.18 |
| ROCE % | 13.66% | 17.81% | 18.60% | 6.27% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Capacity Utilization - Aluminium Container & Home Foil % |
|
|||
| Capacity Utilization - Paper Cup % |
||||
| Capacity Utilization - Paper Plate & Bowl % |
||||
| Total Installed Capacity - Aluminium Container & Home Foil MTPA |
||||
| Total Installed Capacity - Flexo Printing Machine MTPA |
||||
| Total Installed Capacity - Paper Cup MTPA |
||||
| Total Installed Capacity - Paper Plate & Bowl MTPA |
||||
| Number of Paper Cup Machines Number |
||||
| Number of Paper Plate & Bowl Machines Number |
||||
| Number of States of Operations Number |
||||
| Total Employees Number |
||||
Requires Premium
Requires Premium
Extracted by Screener AI
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 16 May
- Reg. 34 (1) Annual Report. 15 May
- Intimation Of Annual General Meeting (AGM) For FY 2025-26 15 May
-
Announcement under Regulation 30 (LODR)-Change in Management
14 May - Board approved AGM on 8 June 2026 and appointed Shivam Rajgarhia as internal auditor.
-
Board Meeting Outcome for Outcome Of Board Meeting Held On 14Th May, 2026, As per Regulation 30 Of SEBI (LODR) Regulations, 2015
14 May - Board approved 14th AGM on 8 June 2026; appointed Shivam Rajgarhia internal auditor after Harsh Udeshi resigned.
Business Overview:[1][2]
a) Products:
SCL is a manufacturer of Aluminium Foil Container, Aluminium Home Foil, Paper Cup, Raw Material for Paper Cups viz. paper coating, printing, blanking, etc.
b) Machineries:
It also deals in a wide range of Paper Cup related Machinery like High-Speed Paper Cup Making Machine, Flex-Printing Machine, Automatic Roll Die Cutting Machine etc. with full end to end support.