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Sprayking share price

Sprayking Ltd.

BSE: 540079 SECTOR: Engineering - Industrial Equipments  15k   26   1

35.00
+0.05 (0.14%)
BSE: 24 Apr 04:01 PM

Price Summary

Today's High

₹ 36

Today's Low

₹ 34.45

52 Week High

₹ 60.04

52 Week Low

₹ 17.76

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

184.94 Cr.

Enterprise Value

186.23 Cr.

No. of Shares

5.28 Cr.

P/E

108.8

P/B

7.01

Face Value

₹ 2

Div. Yield

0 %

Book Value (TTM)

₹  5

CASH

0.01 Cr.

DEBT

1.3 Cr.

Promoter Holding

36.41 %

EPS (TTM)

₹  0.32

Sales Growth

20.88%

ROE

10.04 %

ROCE

13.82%

Profit Growth

390.25 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year20.88%
3 Year-8.99%
5 Year-3.65%

Profit Growth

1 Year390.25%
3 Year288.45%
5 Year70.9%

ROE%

1 Year10.04%
3 Year7.11%
5 Year4.68%

ROCE %

1 Year13.82%
3 Year10.19%
5 Year8.19%

Debt/Equity

0.0525

Price to Cash Flow

-65.4

Interest Cover Ratio

22.4754856614246

CFO/PAT (5 Yr. Avg.)

0.492674080958695

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 36.41 0
Dec 2023 36.41 0
Sep 2023 36.41 0
Jun 2023 36.41 0
Mar 2023 36.41 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 22.4754856614246.
  • Company’s PEG ratio is 0.74864730752729.
  • Company has a healthy liquidity position with current ratio of 12.3483925789548.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 6.69110628393009.

 Limitations

  • The company has shown a poor revenue growth of -8.98870545469563% for the Past 3 years.
  • Company has a poor ROE of 7.10729271599516% over the past 3 years.
  • Company has negative cash flow from operations of -2.8276.
  • The company has a low EBITDA margin of 3.56049552539745% over the past 5 years.
  • The company is trading at a high EV/EBITDA of 73.4205.

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2023 Sep 2023 Dec 2023
Net Sales 5.27 15.96 2.41
Total Expenditure 5.04 14.04 2.14
Operating Profit 0.22 1.92 0.26
Other Income 0 0.1 0.06
Interest 0.09 -0.02 0.03
Depreciation 0.03 0.04 0.1
Exceptional Items 0 0 0
Profit Before Tax 0.1 1.99 0.19
Tax 0.02 0.51 0.08
Profit After Tax 0.08 1.48 0.12
Adjusted EPS (Rs) 0.02 0.28 0.02

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 28.64 25.64 18.6 15.99 19.33
Total Expenditure 27.68 25.45 19.06 15.5 16.79
Operating Profit 0.96 0.19 -0.46 0.49 2.54
Other Income 0.4 0.85 1.9 0.01 0
Interest 0.66 0.55 0.4 0 0.11
Depreciation 0.52 0.44 0.16 0.02 0.11
Exceptional Items 0 0 0 0 0
Profit Before Tax 0.19 0.04 0.88 0.47 2.32
Tax 0.06 0.01 0.26 0.12 0.62
Net Profit 0.13 0.03 0.62 0.35 1.7
Adjusted EPS (Rs.) 0.05 0.01 0.23 0.13 0.32

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 3.17 3.17 3.17 3.17 6.34
Total Reserves 4.93 4.96 5.58 5.93 18.41
Borrowings 0.95 0.51 0 0 0.12
Other N/C liabilities -0.04 -0.06 -0.02 -0.02 -0.01
Current liabilities 6.19 4.97 1.07 2.59 2.12
Total Liabilities 15.19 13.55 9.79 11.68 26.97
Assets
Net Block 2.89 2.36 0.15 0.24 0.55
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0 0
Loans & Advances 0.27 0.16 0.03 0.13 0.27
Other N/C Assets 0.19 0.1 0 0 0
Current Assets 11.85 10.93 9.61 11.31 26.16
Total Assets 15.19 13.55 9.79 11.68 26.97
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 0.13 0.05 0.88 0.47 2.32
Adjustment 1.15 0.98 -0.87 0.03 0.21
Changes in Assets & Liabilities -0.28 0.58 0.92 0.72 -4.75
Tax Paid -0.08 -0.04 -0.28 -0.12 -0.61
Operating Cash Flow 0.93 1.57 0.64 1.09 -2.83
Investing Cash Flow 0.11 0.3 3.78 -0.35 -12.69
Financing Cash Flow -1.04 -1.85 -4.42 -0.36 15.13
Net Cash Flow 0 0.02 -0.01 0.38 -0.39

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 36.41 36.41 36.41 36.41 36.41
bhavika pragjibhai dudhag... 0.09 0.09 0.09 0.09 0.09
hitesh pragajibhai dudhag... 18.48 18.48 18.48 18.48 18.48
kalpnaben ravibhai dholar... 0.09 0.09 0.09 0.09 0.09
parvatiben pragajibhai pa... 2.15 2.15 2.15 2.15 2.15
patel hitesh pragjibhai h... 3.18 3.18 3.18 3.18 3.18
pragjibhai meghjibhai pat... 7.43 7.43 7.43 7.43 7.43
ronak hitesh dudhagara 4.99 4.99 4.99 4.99 4.99
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 63.59 63.59 63.59 63.59 63.59
blackberry sarees private... - - - - 2.47
chandresh pramodray lotia... - - - 1.89 1.42
chandulal chhaganlal tuve... - - 1.60 1.67 1.67
gemzar enterprises privat... - - - - 1.32
hetal shashank doshi 14.92 14.55 14.55 14.55 14.55
investino venture llp - 3.14 3.27 3.27 3.27
llp 0.38 - 5.19 5.14 4.09
mentax impex private limi... - - - - 1.02
praful ratilal kothari 11.17 11.17 11.17 11.17 11.17
rikhav securities limited... - - - 3.55 3.57
sanjay popatlal jain 18.07 15.76 14.34 14.34 8.63
sappers infra realtors pv... - 1.02 1.02 1.02 1.02
simplex trading and agenc... - - 2.38 2.38 2.38
succedere commercial llp - - 1.37 1.04 -
shreeji investment & advi... 11.83 10.88 5.20 - -
kailashben ashokkumar pat... 1.23 - - - -

Annual Reports

Ratings & Research Reports

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Company Presentations

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Company News

Sprayking informs about certificate23 Apr 2024, 5:31PM Sprayking informs about press release 3 Apr 2024, 10:01AM Sprayking informs about press release23 Mar 2024, 3:38PM Sprayking informs about newspaper advertisements1 Mar 2024, 10:14AM Sprayking informs about press release26 Feb 2024, 9:59AM Sprayking informs about outcome of board meeting26 Feb 2024, 9:54AM Sprayking informs about press release19 Feb 2024, 9:36AM Sprayking receives order worth Rs 1 crore for supply of Brass Rod19 Feb 2024, 9:29AM Sprayking - Quaterly Results6 Feb 2024, 6:20PM Sprayking - Quaterly Results6 Feb 2024, 6:20PM Sprayking - Quaterly Results6 Feb 2024, 6:20PM Sprayking receives export purchase order for supply of Plumbing Fittings 1 Feb 2024, 9:16AM Sprayking informs about change in company name 29 Jan 2024, 2:37PM Sprayking Agro Equipment informs about board meeting 1 Jan 2024, 9:37AM Sprayking Agro Equipment informs about closure of trading window 28 Dec 2023, 4:42PM Sprayking Agro Equipment informs about press release 27 Dec 2023, 2:55PM Sprayking Agro Equipment informs about newspaper advertisements23 Nov 2023, 10:18AM Sprayking Agro Equipment informs about press release20 Nov 2023, 9:58AM Sprayking Agro Equipment informs about press release15 Nov 2023, 10:48AM Sprayking Agro Equipment informs about press release13 Nov 2023, 9:44AM Sprayking Agro Equipment informs about press release23 Oct 2023, 2:10PM Sprayking Agro Equipment bags purchase order worth Rs 15 crore23 Oct 2023, 10:39AM Sprayking Agro Equipment launches new forging product18 Oct 2023, 12:50PM Sprayking Agro Equipment informs about press release 18 Oct 2023, 9:53AM Sprayking Agro Equipment informs about disclosure5 Oct 2023, 10:17AM Sprayking Agro Equipment informs about press release 28 Aug 2023, 10:10AM Sprayking Agro Equipment bags purchase order worth Rs 1.50 crore28 Aug 2023, 10:01AM Sprayking Agro Equipment informs about approved raising of fund24 Aug 2023, 9:29AM Sprayking Agro Equipment informs about disclosure18 Aug 2023, 12:51PM Sprayking Agro - Quaterly Results8 Aug 2023, 6:28PM Sprayking Agro - Quaterly Results8 Aug 2023, 6:28PM Sprayking Agro Equipment informs about board meeting 31 Jul 2023, 5:13PM Sprayking Agro Equipment informs about company’s new manufacturing facility 21 Jul 2023, 9:55AM Sprayking Agro Equipment acquires new manufacturing facility in Gujarat21 Jul 2023, 9:25AM Sprayking Agro Equipment informs about disclosure 19 Jul 2023, 11:50AM Sprayking Agro Equipment informs about completion of acquisition 30 Jun 2023, 10:40AM Sprayking Agro Equipment informs about acquisition 30 Jun 2023, 10:39AM Sprayking Agro Equipment acquires 51% stake in Narmada Brass Industries30 Jun 2023, 9:24AM Sprayking Agro Equipment bags order worth Rs 60 crore13 Jun 2023, 10:08AM Sprayking Agro Equipment informs about purchase order 13 Jun 2023, 10:05AM Sprayking Agro Equipment gets nod to acquire 51% stake in Narmada Brass Industries10 Jun 2023, 4:16PM Sprayking Agro Equipment informs about migration from SME platform to main board5 Jun 2023, 9:48AM Sprayking Agro Equipment informs about statement of deviations or variations10 May 2023, 5:03PM Sprayking Agro Equipment informs about disclosure10 May 2023, 2:25PM Sprayking Agro Equipment informs about disclosure 9 May 2023, 9:50AM Sprayking Agro Equipment informs about updates26 Apr 2023, 4:52PM Sprayking Agro Equipment informs about closure of trading window 29 Mar 2023, 5:05PM Sprayking Agro Equipment informs about newspaper advertisements22 Mar 2023, 11:56AM Sprayking Agro Equipment informs about closure of trading window11 Mar 2023, 11:26AM Sprayking Agro Equipment informs about disclosures 6 Mar 2023, 4:02PM

Sprayking Stock Price Analysis and Quick Research Report. Is Sprayking an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a Low P/E are undervalued (it depends on other factors too). Sprayking has a PE ratio of 108.797015853279 which is high and comparatively overvalued .

  • Share Price: - The current share price of Sprayking is Rs 35. One can use valuation calculators of ticker to know if Sprayking share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Sprayking has ROA of 8.79742938306229 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Sprayking has a Current ratio of 12.3483925789548 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Sprayking has a ROE of 10.0443969196868 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Sprayking has a D/E ratio of 0.0525 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Sprayking has an Inventory turnover ratio of 10.4599523757982 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Sprayking has reported revenue growth of 20.8764337265007 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Sprayking for the current financial year is 13.1188592656212 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Sprayking is Rs 0 and the yield is 0 %.

Last Updated on:
Brief about Sprayking
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