Sprayking Ltd

Sprayking Ltd

BBSE:SPRAYKING
1.11
INR
-0.02
(-1.77%)
-0.01EPS
217.70MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
12.81
11.11
1.43
1.94
2.2
2.71
2.42
1.76
1.48
1.17
4.81
6.16
6.11
5.81
Basic EPS, GAAP
0.05
0.03
0.01
0.01
0.01
0.01
- -
0.06
0.03
0.1
0.42
0.34
0.09
-0.11
Free Cash Flow per Basic Share
-2.82
-0.02
-0.16
0.1
-0.05
0.08
0.13
0.06
0.09
-0.2
-1.28
-1.06
-0.68
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.18
0.18
0.56
0.74
0.75
0.77
0.77
0.83
0.86
1.17
1.4
1.5
2.73
- -
Tangible Book Value per Share
0.18
0.18
0.56
0.74
0.75
0.77
0.77
0.83
0.86
1.17
1.27
1.37
2.6
- -
Basic Weighted Avg Shares
13
13
106
91
106
106
106
106
106
165
211
211
211
218
Sales/Revenue/Turnover
162
141
151
176
233
286
256
186
156
193
1,017
1,301
1,292
1,264
Operating Margin (%)
2.21
2.7
3.43
2.22
1.13
1.89
-0.02
-2.53
0.63
12.55
9.62
7.94
4.62
0.54
Depreciation Expense
4
8
7
6
6
5
4
2
- -
1
19
18
32
33
Net Income, GAAP
1
- -
1
1
1
1
- -
6
3
17
89
73
19
-24
Effective Tax Rate (%)
31.19
30.89
30.87
29.1
21.17
30.18
34.08
29.22
26.31
26.76
28.26
24.45
13.92
- -
Profit Margin (%)
0.43
0.25
0.35
0.46
0.5
0.47
0.11
3.34
2.22
8.8
8.77
5.59
1.47
-1.92
Working Capital
33
47
63
61
55
57
60
85
87
240
201
182
607
- -
LT Debt
55
64
43
24
14
9
5
- -
- -
1
53
76
91
- -
Total Equity
19
19
59
79
80
81
81
87
91
247
333
376
813
- -
Return on Invested Capital (%)
3.06
2.55
2.94
1.51
0.92
2.18
-0.43
5.25
0.78
9.89
14.2
9.5
5.07
- -
Return on Capital (%)
3.65
3.67
3.02
3.81
4.1
3.94
2.75
7.91
3.81
10.12
20.62
11.54
2.51
- -
Return on Common Equity (%)
3.78
1.89
1.36
1.19
1.47
1.66
0.36
7.35
3.88
10.04
32.85
23.73
4.25
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
152
- -
LT Borrowings
- -
85
- -
LT Finance Leases
- -
6
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
211
211
211
Market Capitalization
385
216
218

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
891
- -
Cash, Cash Equivalents & STI
- -
3
- -
Accounts Receivable, Net
- -
163
- -
Inventories
- -
429
- -
Total Current Liabilities
- -
285
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
152
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
38.36%
67.93%
116.4%
Free Cash Flow
-24.41%
60.39%
-35.58%
Net Income, GAAP
274.94%
135.66%
-73.82%
Sales/Revenue/Turnover
49.45%
92.19%
-0.73%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
358
282
356
281
1,301
2026
223
- -
425
447
1,292
2027
169
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.07
0.03
0.09
0.1
0.34
2026
0.02
- -
-0.02
-0.11
0.09
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Hitesh Pragjibhai Dudhagara
Full Time Employees
30
Sector
Producer manufacturing
Industry
Trucks/Construction/Farm machinery
Address
Shree Ganesh Industrial Hub Jamnagar GU India 361012
IPO Date
Sep 14, 2016
Business
Sprayking Limited (SPRAYKING.BO), formerly Sprayking Agro Equipment Limited, manufactures and trades brass components and parts, including fittings, forging equipment, transformer parts, and customized brass products; it specializes in copper forging products, agricultural sprayer parts and garden fittings such as knapsack, foot, HTP, marut, rocker and stirrup sprayer components, fogging nozzles, sprinkler parts, hose fittings, menders, barbs, swivel and end fittings; brass compression fittings comprising unions, elbows, tees, adapters, nuts, inserts, sleeves and caps; turning components like automotive OEM parts, brass bushes, nuts, fasteners, precision CNC and VMC machined parts; sanitary and plumbing fittings including pipe nipples, extension pieces, nozzles, plugs, reducing nipples, wash basin and bath tub connectors; extruded brass rods such as solid rods, hollow rods, sections, profiles and billets; and ball valves and non-return valves. The company, founded in 1980 and headquartered in Jamnagar, India, operates primarily in the non-ferrous metals casting and forging sector, serving agricultural, plumbing, industrial, pneumatic, hydraulic, automotive and sanitary markets through manufacturing, trading and exporting activities to the United States, Europe, Australia, Canada, South Africa and the United Arab Emirates. In recent developments, the company changed its name to Sprayking Limited, acquired a 51% stake in Narmada Brass Industries for Rs 5.10 crore in June 2023 to expand copper brass goods production capacity to 2,000 tons annually, invested Rs 10 million in high-tech machinery in 2024 to boost daily output to 8,000 units and enter the brass valves market, and secured a Rs 150 million purchase order for brass parts supply in July 2024.