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 ₹ 32.5 Cr.
- Current Price ₹ 57.5
- High / Low ₹ 104 / 38.4
- Stock P/E 18.1
- 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 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 7.96 | 10.07 | 10.32 | 10.53 | 14.73 | |
| 5.89 | 8.20 | 8.50 | 6.31 | 8.31 | |
| Operating Profit | 2.07 | 1.87 | 1.82 | 4.22 | 6.42 |
| OPM % | 26.01% | 18.57% | 17.64% | 40.08% | 43.58% |
| 0.01 | 0.03 | 0.14 | 0.07 | 0.04 | |
| Interest | 1.16 | 1.11 | 1.13 | 0.92 | 0.98 |
| Depreciation | 0.84 | 1.04 | 0.93 | 0.74 | 2.46 |
| Profit before tax | 0.08 | -0.25 | -0.10 | 2.63 | 3.02 |
| Tax % | 37.50% | -20.00% | -30.00% | 25.48% | 40.73% |
| 0.06 | -0.20 | -0.08 | 1.96 | 1.80 | |
| EPS in Rs | 0.30 | -1.00 | -0.40 | 9.80 | 4.33 |
| Dividend Payout % | 0.00% | 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: | 22% |
| 3 Years: | 32% |
| Last Year: | 29% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 2.00 | 2.00 | 2.00 | 2.00 | 4.16 |
| Reserves | 0.41 | 0.10 | 0.02 | 2.50 | 3.83 |
| 11.25 | 10.46 | 9.45 | 7.54 | 8.18 | |
| 4.25 | 5.62 | 5.36 | 4.04 | 3.50 | |
| Total Liabilities | 17.91 | 18.18 | 16.83 | 16.08 | 19.67 |
| 6.88 | 6.11 | 5.27 | 6.61 | 6.78 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.34 |
| Investments | 0.15 | 0.00 | 0.00 | 0.00 | 0.00 |
| 10.88 | 12.07 | 11.56 | 9.47 | 12.55 | |
| Total Assets | 17.91 | 18.18 | 16.83 | 16.08 | 19.67 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 4.08 | 2.30 | 2.31 | 3.32 | 1.17 | |
| -1.82 | -0.40 | -0.09 | -1.40 | -2.95 | |
| -2.23 | -1.89 | -2.14 | -1.78 | 1.49 | |
| Net Cash Flow | 0.03 | 0.01 | 0.08 | 0.14 | -0.29 |
| Free Cash Flow | 2.26 | 1.89 | 2.23 | 1.92 | -1.80 |
| CFO/OP | 197% | 123% | 127% | 80% | 39% |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 164.62 | 145.35 | 134.05 | 82.50 | 126.62 |
| Inventory Days | 1,041.26 | 378.59 | 432.37 | 252.63 | 235.88 |
| Days Payable | 685.21 | 298.02 | 449.51 | 170.67 | 82.56 |
| Cash Conversion Cycle | 520.66 | 225.92 | 116.90 | 164.45 | 279.95 |
| Working Capital Days | 70.16 | 50.02 | 43.86 | 36.05 | 121.17 |
| ROCE % | 6.56% | 8.49% | 30.20% | 28.36% |
Insights
In beta| Mar 2018 | Mar 2019 | Mar 2020 | |
|---|---|---|---|
| Adjusted Debt/Adjusted Net worth Times |
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| Interest coverage Times |
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| Operating income Rs crore |
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| PAT margins % |
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| Reported profit after tax Rs crore |
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| Gross Current Assets (GCA) Days Days |
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Extracted by Screener AI
Documents
Announcements
-
Clarification On Price Movement With Reference To Your Communication Via Email Dated 9Th April 2026
10 Apr - Shining Tools clarifies share price movement is market-driven; no undisclosed information exists.
- Clarification sought from Shining Tools Ltd 10 Apr
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018 7 Apr
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Closure of Trading Window
30 Mar - Trading window closed from April 1, 2026 until 48 hours after audited results for year/half-year ended March 31, 2026.
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Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
10 Mar - EGM on 10-Mar-2026 regularized three independent directors; 3,340,228 votes (100%) in favor.
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.