Shining Tools Ltd
Incorporated in May 2013, Shining Tools Limited designs and manufactures high-performance solid carbide cutting tools for various industries in India.[1]
- Market Cap ₹ 40.8 Cr.
- Current Price ₹ 72.0
- High / Low ₹ 104 / 57.2
- Stock P/E 22.6
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 28.4 %
- ROE 28.8 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 31.7%
Cons
- Working capital days have increased from 67.0 days to 121 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 Manufacturing Industrial Products
Part of BSE SME IPO
Quarterly Results
Figures in Rs. Crores
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 10.07 | 10.32 | 10.53 | 14.73 | |
| 8.19 | 8.50 | 6.31 | 8.31 | |
| Operating Profit | 1.88 | 1.82 | 4.22 | 6.42 |
| OPM % | 18.67% | 17.64% | 40.08% | 43.58% |
| 0.02 | 0.14 | 0.07 | 0.04 | |
| Interest | 1.11 | 1.13 | 0.92 | 0.98 |
| Depreciation | 1.04 | 0.93 | 0.74 | 2.46 |
| Profit before tax | -0.25 | -0.10 | 2.63 | 3.02 |
| Tax % | -20.00% | -30.00% | 25.48% | 40.73% |
| -0.20 | -0.08 | 1.96 | 1.80 | |
| EPS in Rs | -1.00 | -0.40 | 9.80 | 4.33 |
| Dividend Payout % | -0.00% | -0.00% | -0.00% | -0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 14% |
| TTM: | 40% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 126% |
| TTM: | -8% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 32% |
| Last Year: | 29% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Equity Capital | 2.00 | 2.00 | 2.00 | 4.16 |
| Reserves | 0.10 | 0.02 | 2.50 | 3.83 |
| 10.46 | 9.45 | 7.54 | 8.18 | |
| 5.62 | 5.36 | 4.04 | 3.50 | |
| Total Liabilities | 18.18 | 16.83 | 16.08 | 19.67 |
| 6.11 | 5.27 | 6.61 | 6.78 | |
| CWIP | -0.00 | -0.00 | -0.00 | 0.34 |
| Investments | -0.00 | -0.00 | -0.00 | -0.00 |
| 12.07 | 11.56 | 9.47 | 12.55 | |
| Total Assets | 18.18 | 16.83 | 16.08 | 19.67 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 2.30 | 2.31 | 3.32 | 1.17 | |
| -0.40 | -0.09 | -1.40 | -2.95 | |
| -1.89 | -2.14 | -1.78 | 1.49 | |
| Net Cash Flow | 0.01 | 0.08 | 0.14 | -0.29 |
Ratios
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 145.35 | 134.05 | 82.50 | 126.62 |
| Inventory Days | 378.59 | 432.37 | 252.63 | 235.88 |
| Days Payable | 298.02 | 449.51 | 170.67 | 82.56 |
| Cash Conversion Cycle | 225.92 | 116.90 | 164.45 | 279.95 |
| Working Capital Days | 50.02 | 43.86 | 36.05 | 121.17 |
| ROCE % | 8.49% | 30.20% | 28.36% |
Documents
Announcements
-
Board Meeting Outcome for Approval Of The Appointment Of Additional Directors (Non-Executive And Independent)
2d - Appointed Shaileshbhai Sagpariya and Jay Pansuria as Independent Directors effective 11-Dec-2025, five-year terms.
-
Approval Of Unaudited Standalone Financial Results By Board Under IND AS For The Half Year Ended On 30Th September 2025.
4 Dec - Board approved unaudited standalone results for half-year ended 30 Sep 2025; limited review enclosed.
-
Board Meeting Intimation for Intimation Of Board Meeting Scheduled To Be Held On Thursday 4Th December 2025 To Consider And Approve The Unaudited Standalone Financial Results Of The Company For The Half Year Ended On September 30 2025
28 Nov - Board meeting on 4 Dec 2025 to approve H1 (Sep 30,2025) unaudited results; trading window closed from 14 Nov.
-
Closure of Trading Window
19 Nov - Trading window closed Nov 14, 2025 until 48 hours after H1 (Sep 30, 2025) unaudited results.
- Listing of Equity Shares of Shining Tools Ltd 14 Nov
Annual reports
No data available.
Business Profile[1]
Shining Tools Limited designs and manufactures high-performance solid carbide cutting tools and provides reconditioning services for used tools. The tools are used in commercial metal-cutting operations across multiple sectors including automotive, aerospace, engineering, medical, casting, power & energy, agriculture, and general manufacturing.