Sprayking Ltd - Stock Valuation and Financial Performance

BSE: 540079 | NSE: | Engineering - Industrial Equipments | Small Cap

Sprayking Share Price

7.10 -0.39 -5.21%
as on 25-Apr'25 16:59

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Sprayking stock performance -

P/E Ratio (SA):
23.56
Market Cap:
75 Cr.
52-wk low:
5.8
52-wk high:
25.4

Is Sprayking Ltd an attractive stock to invest in?

1. Is Sprayking Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Sprayking Ltd is a below average quality company.

2. Is Sprayking Ltd undervalued or overvalued?

The key valuation ratios of Sprayking Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

3. Is Sprayking Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Sprayking Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Sprayking:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Sprayking Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 5.2%4.8%5.6%5.7%6%4.4%11.5%5.2%14.4%13.8%-
Value Creation
Index
-0.6-0.7-0.6-0.6-0.6-0.7-0.2-0.60.00.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 14.115.217.623.328.625.618.61619.331.163
Sales YoY Gr.-7.7%16.4%32%23%-10.5%-27.5%-14%20.9%61.1%-
Adj EPS -0.100000-0.10.10.20.30.3
YoY Gr.-NA-100%NANA-100%NANA142.9%64.7%-
BVPS (₹) 31.51.41.51.51.51.71.72.42.63.8
Adj Net
Profit
-0.10000.10-0.40.41.833
Cash Flow from Ops. 0.2-0.71.4-0.10.91.60.61.1-2.78-
Debt/CF from Ops. 53-114.1-52.16.93.20.60-0.50.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 9.2%1.7%18.7%61.1%
Adj EPS NA94.7%NA64.7%
BVPS-1.5%11.9%16.8%11.9%
Share Price - 54.8% 66.1% -59.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
-3.20.7-0.2-0.11-0.3-4.93.910.611.29.3
Op. Profit
Mgn %
7.56.94.93.33.40.8-2.33.113.713.98.6
Net Profit
Mgn %
-0.40.2-0.1-00.3-0.1-2.22.29.39.55.1
Debt to
Equity
4.91.40.80.80.80.6000.10.2-
Working Cap
Days
231225226200160165203236352399181
Cash Conv.
Cycle
17316016315413114517517118194107

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 9.30%

Sales growth is growing at healthy rate in last 3 years 18.74%

Sales growth is good in last 4 quarters at 241.95%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - Sprayking Ltd.

Standalone Consolidated
TTM EPS (₹) 0.3 0.5
TTM Sales (₹ Cr.) 62.6 120
BVPS (₹.) 3.8 4.5
Reserves (₹ Cr.) 19 26
P/BV 1.87 1.59
PE 23.56 13.91
From the Market
52 Week Low / High (₹) 5.80 / 25.38
All Time Low / High (₹) 0.79 / 30.02
Market Cap (₹ Cr.) 75
Equity (₹ Cr.) 21.1
Face Value (₹) 2
Industry PE 52.3

Quarterly Results

 Mar'24 YoY Gr. Rt. %Jun'24 YoY Gr. Rt. %Sep'24 YoY Gr. Rt. %Dec'24 YoY Gr. Rt. %
Sales (₹ Cr.) 7.5 -5.420.1 281.215.9 -0.119.1 692.1
Adj EPS (₹) 0.2 -9.50.3 13000.1 -42.90 300
Op. Profit Mgn % 22.18 -30 bps12.39 814 bps7.00 -503 bps0.67 -1026 bps
Net Profit Mgn % 13.54 -40 bps7.47 601 bps2.74 -655 bps1.22 -356 bps

Management X-Ray of Sprayking:

Shareholding Pattern

JavaScript chart by amCharts 3.21.5
JavaScript chart by amCharts 3.21.5Promoters:36.41%Institutions:0%Non-Institutions:63.59%

Promoter's Holding & Share Pledging

JavaScript chart by amCharts 3.21.5Dec22Mar23Jun23Sep23Dec23Mar24Jun24Sep24Dec24Mar250%10%20%30%40%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of Sprayking

MRP
spaceLock icon
MOS
spaceLock icon%
DP
spaceLock icon
Base EPS
spaceLock icon
DPS
spaceLock icon
MRP: ₹ 0
DP: ₹0
Base EPS ₹:
DPS ₹:
MOS (%):
Expected EPS Growth Rate:
0%
Base 0%
50%
Expected Rate of Return:
0%
Base 0%
50%
Future PE:
0
Base 0
200
YTD 1Y 3Y 5Y 10Y Max
YTD 1Y 3Y 5Y 10Y Max
YTD 1Y 3Y 5Y 10Y Max
YTD 1Y 3Y 5Y 10Y Max

Event Update

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Analyst's Notes

No data found!

Key Ratios of Sprayking

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Company Name CMP(₹)
Change ₹(%)
Market Cap
Net Sales (₹ Cr.)
Latest EPS (₹)
Net Profit Margin %
Latest P/E
Latest P/BV
Kirloskar Oil Eng 734.6 -17.9 (-2.4%) Small Cap 4,851 29.5 7.4 25.5 3.8
GMM Pfaudler 1,087.7 -8.8 (-0.8%) Small Cap 3,446 25.6 5 42.8 4.6
Praj Industries 505.8 -20.6 (-3.9%) Small Cap 3,391 14.7 7.8 35.7 7.2
Skipper 441.3 -17.5 (-3.8%) Small Cap 3,282 11.1 2.1 41.3 5.2
Shriram Pistons 1,862.5 -53.2 (-2.8%) Small Cap 2,954 108.9 14.8 17.6 3.7
Elecon Engg. 516.9 -23 (-4.3%) Small Cap 1,600 15.2 18.5 35.6 7.9
Triveni Turbine 506.6 -13.7 (-2.6%) Small Cap 1,379 10.7 14.9 48.8 16.5
Salasar Techno Engg. 9.1 -0.3 (-3.4%) Small Cap 1,208 0.3 4.4 33.1 2.3
Jyoti CNC Automation 1,082.6 -31.3 (-2.8%) Small Cap 1,190 11.2 11.7 99.7 13
Inox India 1,016.2 -1.1 (-0.1%) Small Cap 1,085 22.4 17 45.5 11.1
Shows rows:

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales14.0715.1517.6423.2828.6425.6418.6015.9919.3331.14
Operating Expenses 13.0114.1016.7822.5227.6825.4519.0615.5016.6926.80
Manufacturing Costs0.801.031.041.111.091.090.630.010.393.90
Material Costs10.641113.1718.9224.0321.8217.7514.3515.5221.44
Employee Cost 1.261.501.852.021.901.910.330.260.250.24
Other Costs 0.310.570.720.460.650.630.360.880.531.22
Operating Profit 1.051.050.860.760.960.19-0.460.492.644.34
Operating Profit Margin (%) 7.5%6.9%4.9%3.3%3.4%0.7%-2.5%3.1%13.7%13.9%
Other Income 0.290.220.540.610.400.851.900.0100.30
Interest 0.520.520.640.630.660.550.4000.110.37
Depreciation 0.770.670.650.600.520.440.160.020.110.45
Exceptional Items 0000000000
Profit Before Tax 0.050.080.120.150.190.040.880.472.433.82
Tax 0.020.020.030.030.060.010.260.120.620.87
Profit After Tax 0.040.050.080.120.130.030.620.351.812.96
PAT Margin (%) 0.3%0.4%0.5%0.5%0.5%0.1%3.3%2.2%9.3%9.5%
Adjusted EPS (₹)0.10.00.00.00.00.00.10.10.20.3
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 1.915.917.867.978.108.138.759.1124.8527.81
Share Capital 0.382.283.173.173.173.173.173.176.3410.57
Reserves 1.533.634.694.794.934.965.585.9318.5117.24
Minority Interest0000000000
Debt8.677.105.196.075.684.380.3601.225.96
Long Term Debt6.414.312.361.410.950.51000.124.27
Short Term Debt2.262.792.834.664.743.870.3601.101.69
Trade Payables0.140.230.431.460.490.100.332.430.1412.68
Others Liabilities 1.801.183.471.040.920.940.350.140.608.69
Total Liabilities 12.5114.4416.9516.5315.1913.559.7911.6826.8255.14

Fixed Assets

Gross Block5.686.446.917.367.436.880.290.410.826.94
Accumulated Depreciation2.232.833.474.074.544.520.150.170.280.87
Net Fixed Assets3.453.623.443.292.892.360.150.240.556.06
CWIP 0000000000
Investments 0000000006.11
Inventories6.856.416.867.628.306.580.060.203.5011.47
Trade Receivables0.210.853.513.872.743.358.319.359.152.83
Cash Equivalents 0.040.270.170.010.010.030.030.400.011.16
Others Assets1.963.292.981.741.261.231.251.4913.6127.51
Total Assets 12.5114.4416.9516.5315.1913.559.7911.6826.8255.14

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 0.18-0.721.42-0.120.931.570.641.09-2.728.02
PBT 0.050.080.120.150.130.050.880.472.433.82
Adjustment 1.241.111.261.201.150.98-0.870.030.210.52
Changes in Working Capital -1.1-1.90.07-1.39-0.280.580.920.72-4.754.4
Tax Paid -0.01-0.01-0.03-0.07-0.08-0.04-0.28-0.12-0.61-0.73
Cash Flow From Investing Activity -0.15-0.96-0.84-0.290.110.303.78-0.35-12.69-11.68
Capex -0.21-0.83-0.47-0.44-0.060.103.55-0.11-0.42-5.97
Net Investments 000000000-6.11
Others 0.05-0.13-0.370.160.170.210.23-0.24-12.270.40
Cash Flow From Financing Activity -0.041.92-0.680.25-1.04-1.85-4.42-0.3615.135.08
Net Proceeds from Shares 041.860000013.940
Net Proceeds from Borrowing 0.91-2.09-1.95-0.95-0.46-0.44-0.5100.124.15
Interest Paid -0.52-0.52-0.64-0.63-0.66-0.55-0.400-0.11-0.37
Dividend Paid 0000000000
Others -0.430.530.041.820.08-0.86-3.51-0.361.181.30
Net Cash Flow -0.010.23-0.10-0.1600.02-0.010.38-0.281.42
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)1.891.381.231.541.710.367.393.8810.6311.23
ROCE (%)5.184.755.575.746.044.3711.535.2114.3813.81
Asset Turnover Ratio1.121.181.21.411.811.781.591.4910.76
PAT to CFO Conversion(x)4.5-14.417.75-17.1552.331.033.11-1.52.71
Working Capital Days
Receivable Days8124257424311420217570
Inventory Days1731531281121011066533588
Payable Days9691815543530109

Sprayking Ltd Stock News

Sprayking Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Sprayking on 25-Apr-2025 16:59 is ₹7.10.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 25-Apr-2025 16:59 the market cap of Sprayking stood at ₹75.03.
The latest P/E ratio of Sprayking as of 25-Apr-2025 16:59 is 23.56.
The latest P/B ratio of Sprayking as of 25-Apr-2025 16:59 is 1.87.
The 52-week high of Sprayking is ₹25.38 and the 52-week low is ₹5.80.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Sprayking is ₹62.63 ( Cr.) .

About Sprayking Ltd

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