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Sprayking Ltd

  • Market Cap: Micro Cap
  • Industry: Engineering - Industrial Equipments
  • ISIN: INE537U01029
  • NSEID:
  • BSEID: 540079
INR
7.73
-0.16 (-2.03%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 1.31 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

1.31 lacs (27.93%) Volume

Shareholding (Dec 2024)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

36.41%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Negative results in Dec 24

  • PAT(9M) At Rs 3.15 cr has Grown at -45.88%
  • PBT LESS OI(Q) At Rs -0.25 cr has Fallen at -104.98%
  • OPERATING PROFIT TO NET SALES(Q) Lowest at 2.95%
2

Stock is technically in a Mildly Bearish range

3

Underperformed the market in the last 1 year

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Engineering - Industrial Equipments

stock-summary
Market cap

INR 82 Cr (Micro Cap)

stock-summary
P/E

20.00

stock-summary
Industry P/E

34

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

1.48

stock-summary
Return on Equity

14.68%

stock-summary
Price to Book

2.41

Revenue and Profits (1 Year):
Net Sales:
36 Cr
(Quarterly Results - Dec 2024)
Net Profit:
1 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-47.13%
0%
-47.13%
1 Year
-64.71%
0%
-64.71%
2 Years
-2.36%
0%
-2.36%
3 Years
397.43%
0%
397.43%
4 Years
493.7%
0%
493.7%
5 Years
872.33%
0%
872.33%

Sprayking Ltd for the last several years.

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
425.90%
EBIT Growth (5y)
451.85%
EBIT to Interest (avg)
8.19
Debt to EBITDA (avg)
8.34
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.00
Tax Ratio
24.84%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
13.61%
ROE (avg)
14.68%
Valuation key factors
Factor
Value
P/E Ratio
20
Industry P/E
34
Price to Book Value
2.41
EV to EBIT
16.34
EV to EBITDA
12.02
EV to Capital Employed
1.57
EV to Sales
1.12
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
15.54%
ROE (Latest)
14.68%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
Bullish
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bullish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Non Institution

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Hitesh Pragajibhai Dudhagara (18.48%)

Highest Public shareholder

Hetal Shashank Doshi (14.55%)

Individual Investors Holdings

48.11%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 8.94% vs 519.54% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -42.16% vs 603.45% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "35.57",
          "val2": "32.65",
          "chgp": "8.94%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1.05",
          "val2": "5.77",
          "chgp": "-81.80%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.48",
          "val2": "0.28",
          "chgp": "71.43%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "1.18",
          "val2": "2.04",
          "chgp": "-42.16%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "2.95%",
          "val2": "17.67%",
          "chgp": "-14.72%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 31.12% vs 722.39% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -32.53% vs 3,144.44% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "64.05",
          "val2": "48.85",
          "chgp": "31.12%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "6.93",
          "val2": "6.39",
          "chgp": "8.45%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1.10",
          "val2": "0.44",
          "chgp": "150.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "1.97",
          "val2": "2.92",
          "chgp": "-32.53%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "10.82%",
          "val2": "13.08%",
          "chgp": "-2.26%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 22.23% vs 627.03% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -36.49% vs 1,205.26% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "99.62",
          "val2": "81.50",
          "chgp": "22.23%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "7.98",
          "val2": "12.16",
          "chgp": "-34.38%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "1.58",
          "val2": "0.72",
          "chgp": "119.44%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "3.15",
          "val2": "4.96",
          "chgp": "-36.49%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "8.01%",
          "val2": "14.92%",
          "chgp": "-6.91%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 61.10% vs 23.75% in Mar 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 58.24% vs 385.71% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "31.14",
          "val2": "19.33",
          "chgp": "61.10%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "4.08",
          "val2": "2.54",
          "chgp": "60.63%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.37",
          "val2": "0.11",
          "chgp": "236.36%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "2.69",
          "val2": "1.70",
          "chgp": "58.24%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "13.10%",
          "val2": "13.14%",
          "chgp": "-0.04%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
35.57
32.65
8.94%
Operating Profit (PBDIT) excl Other Income
1.05
5.77
-81.80%
Interest
0.48
0.28
71.43%
Exceptional Items
0.00
0.00
Consolidate Net Profit
1.18
2.04
-42.16%
Operating Profit Margin (Excl OI)
2.95%
17.67%
-14.72%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is 8.94% vs 519.54% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Dec 2024 is -42.16% vs 603.45% in Dec 2023

Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
64.05
48.85
31.12%
Operating Profit (PBDIT) excl Other Income
6.93
6.39
8.45%
Interest
1.10
0.44
150.00%
Exceptional Items
0.00
0.00
Consolidate Net Profit
1.97
2.92
-32.53%
Operating Profit Margin (Excl OI)
10.82%
13.08%
-2.26%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 31.12% vs 722.39% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is -32.53% vs 3,144.44% in Sep 2023

Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
99.62
81.50
22.23%
Operating Profit (PBDIT) excl Other Income
7.98
12.16
-34.38%
Interest
1.58
0.72
119.44%
Exceptional Items
0.00
0.00
Consolidate Net Profit
3.15
4.96
-36.49%
Operating Profit Margin (Excl OI)
8.01%
14.92%
-6.91%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 22.23% vs 627.03% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is -36.49% vs 1,205.26% in Dec 2023

Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
31.14
19.33
61.10%
Operating Profit (PBDIT) excl Other Income
4.08
2.54
60.63%
Interest
0.37
0.11
236.36%
Exceptional Items
0.00
0.00
Standalone Net Profit
2.69
1.70
58.24%
Operating Profit Margin (Excl OI)
13.10%
13.14%
-0.04%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 61.10% vs 23.75% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is 58.24% vs 385.71% in Mar 2023

stock-summaryCompany CV
About Sprayking Ltd stock-summary
stock-summary
Sprayking Ltd
Micro Cap
Engineering - Industrial Equipments
Sprayking Limited, formerly known as Sprayking Agro Equipment Limited was incorporated on February 17, 2005. The Company name was changed to Sprayking Limited in 2016. The Company is an emerging leader in Brass parts manufacturing. It specialize in Brass Fittings, Brass Forging Equipment, Brass Transformer Parts & other Customized Brass Parts. Founded in early 1980, it has already carved a niche for itself in Brass Part Manufacturing.
Company Coordinates stock-summary
Company Details
Plot No 237/B Shop No 4, GIDC Phase II Dared Jamnagar Gujarat : 361005
stock-summary
Tel:
stock-summary
info@spraykingagro.com
Registrar Details
Sharex Dynamic (India) Pvt Ltd , Unit -1, Luthra Ind. Premises , Safed Pool, Andheri-Kurla Road, Andheri (E), Mumbai