Sharescart Research Club logo

Sprayking Overview

Sprayking Agro Equipment Ltd is a reputable and innovative agricultural machinery company that specializes in manufacturing and distributing cutting-edge spraying equipment for farmers and agricultural professionals worldwide. With a steadfast commitment to quality and efficiency, the company offers a diverse range of products, including precision sprayers, boom sprayers, and knapsack sprayers, designed to enhance crop protection and yield optimization. With a proven track record of excellence and customer satisfaction, Sprayking Agro Equipment...Read More

Want to Start Investing in Top Unlisted Stocks?

Our experts help you choose the right stocks based on performance, risk, and growth potential.

Sprayking Key Financials

Market Cap ₹30 Cr.

Stock P/E 4.2

P/B 0.8

Current Price ₹1.4

Book Value ₹ 1.8

Face Value 1

52W High ₹3.9

Dividend Yield 0%

52W Low ₹ 1

Sprayking Share Price

₹ | |

Volume
Price

Sprayking Quarterly Price

Show Value Show %

Sprayking Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 33 33 20 36 28 36 28 22 20 42
Other Income 0 0 0 0 0 3 1 0 1 1
Total Income 33 33 20 36 28 38 29 22 21 43
Total Expenditure 28 27 17 31 26 35 26 21 14 41
Operating Profit 4 6 3 4 3 4 3 2 7 2
Interest 0 0 1 0 1 0 1 1 1 1
Depreciation 0 0 1 1 1 1 0 1 1 1
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 4 5 2 3 1 3 2 0 5 0
Provision for Tax 1 2 0 1 0 1 0 -0 1 1
Profit After Tax 3 3 2 2 1 2 2 1 4 -0
Adjustments 0 0 -1 -1 -0 0 -0 -0 0 0
Profit After Adjustments 3 3 1 1 1 2 2 0 4 -0
Adjusted Earnings Per Share 0.1 0.2 0.1 0.1 0 0.2 0.2 0 0.2 -0

Sprayking Profit & Loss

#(Fig in Cr.) Mar 2024 Mar 2025 TTM
Net Sales 102 130 112
Other Income 0 1 3
Total Income 102 131 115
Total Expenditure 86 118 102
Operating Profit 16 14 14
Interest 1 2 4
Depreciation 2 2 3
Exceptional Income / Expenses 0 0 0
Profit Before Tax 12 10 7
Provision for Tax 4 2 2
Profit After Tax 9 7 7
Adjustments -4 0 0
Profit After Adjustments 5 7 6
Adjusted Earnings Per Share 0.2 0.3 0.4

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 27% 0% 0% 0%
Operating Profit CAGR -13% 0% 0% 0%
PAT CAGR -22% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -58% -33% 23% NA%
ROE Average 24% 27% 27% 27%
ROCE Average 17% 19% 19% 19%

Sprayking Balance Sheet

#(Fig in Cr.) Mar 2024 Mar 2025
Shareholder's Funds 30 32
Minority's Interest 4 6
Borrowings 5 7
Other Non-Current Liabilities 0 1
Total Current Liabilities 58 59
Total Liabilities 97 105
Fixed Assets 17 26
Other Non-Current Assets 2 1
Total Current Assets 78 77
Total Assets 97 105

Sprayking Cash Flow

#(Fig in Cr.) Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 3
Cash Flow from Operating Activities -20 -11
Cash Flow from Investing Activities -8 -13
Cash Flow from Financing Activities 32 21
Net Cash Inflow / Outflow 3 -3
Closing Cash & Cash Equivalent 3 0

Sprayking Ratios

# Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.23 0.34
CEPS(Rs) 0.51 0.43
DPS(Rs) 0 0
Book NAV/Share(Rs) 1.4 1.5
Core EBITDA Margin(%) 15.11 9.59
EBIT Margin(%) 13.56 9.09
Pre Tax Margin(%) 12.23 7.4
PAT Margin (%) 8.77 5.59
Cash Profit Margin (%) 10.68 6.98
ROA(%) 9.23 7.21
ROE(%) 30.18 23.73
ROCE(%) 21.55 16.7
Receivable days 34.9 42.89
Inventory Days 96.39 77.06
Payable days 71.63 36.47
PER(x) 46 9.76
Price/Book(x) 7.47 2.24
Dividend Yield(%) 0 0
EV/Net Sales(x) 2.48 0.9
EV/Core EBITDA(x) 16 8.57
Net Sales Growth(%) 0 27.97
EBIT Growth(%) 0 -14.23
PAT Growth(%) 0 -18.44
EPS Growth(%) 0 51.59
Debt/Equity(x) 1.17 1.45
Current Ratio(x) 1.35 1.3
Quick Ratio(x) 0.88 0.83
Interest Cover(x) 10.15 5.37
Total Debt/Mcap(x) 0.16 0.65

Sprayking Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 36.41 36.41 36.41 36.41 36.41 36.41 36.41 36.41 36.41 36.41
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 63.59 63.59 63.59 63.59 63.59 63.59 63.59 63.59 63.59 63.59
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Sprayking News

Sprayking Pros & Cons

Pros

  • Stock is trading at 0.8 times its book value
  • Company has a good return on equity (ROE) track record: 3 Years ROE 27%
  • Debtor days have improved from 71.63 to 36.47days.

Cons

  • Promoter holding is low: 36.41%.
whatsapp