Sprayking Ltd

BSE: SPRAYKING · Other Industrial Products

52W Range₹1 ₹2

Limited coverage

We are not actively covering this company or have limited coverage today. Click to request coverage.

Snapshot

Unlock Sprayking Ltd's vital signs

Growth · Profitability · Valuation · Strength · Conviction

Company Overview

Business

Sprayking Limited is an Indian manufacturer specialising in brass components and copper alloy products, including valves, fittings, and compression parts. The company operates integrated production facilities covering casting, forging, and machining to serve sectors such as agriculture, plumbing, electrical, and automotive.

Business Model

The company generates revenue through the manufacturing and sale of industrial non-ferrous metal components, leveraging both organic production and strategic acquisitions to scale capacity. It focuses on supplying customized industrial parts to a diverse client base across domestic and international markets.

Management Commentary

Management is focused on scaling operations through strategic acquisitions, such as the purchase of a brass foundry and a majority stake in Narmada Aluminium Industries. The company is actively working to strengthen its domestic supply chain while simultaneously expanding its export footprint.

Growth Outlook

Growth is driven by the expansion of manufacturing capabilities and the integration of acquired entities to increase production volume. The company aims to leverage its enhanced foundry capacity to capture greater market share in the industrial components sector.

Key Risks

  • Commodity Price Volatility. Fluctuations in the prices of raw materials like copper and zinc can significantly impact the company's profit margins.
  • Integration Risk. The successful integration of recent acquisitions like Narmada Aluminium Industries is critical to achieving projected operational synergies.
  • Export Market Dependency. The company's focus on expanding its export footprint exposes it to geopolitical risks and international trade policy changes.
  • Sectoral Cyclicality. Demand for brass and copper components is highly dependent on the performance of the automotive, construction, and agricultural sectors.

Start your research today

Unlock AI insights, financials, peers and live data on Sprayking Ltd and 5,000+ companies — free.

Start your research

Key Metrics

REVENUE

₹129 Cr

TTM · consolidated

+1.1%YoY

NET PROFIT

₹6 Cr

TTM · consolidated

-23.4%YoY

EPS

₹0.73

TTM · consolidated

-74.3%YoY

RETURN ON EQUITY

14.6%

TTM · consolidated

-9.6 ppYoY

P/E

1.7x

Q4 FY26 · consolidated

1.7 vs 3.2x5Y avg

EV/EBITDA

4.0x

Q4 FY26 · consolidated

4.0 vs 7.2x5Y avg

EBITDA MARGIN

9.8%

TTM · consolidated

-1.5 ppYoY

NET PROFIT MARGIN

0.9%

Q4 FY26 · consolidated

-6.5 ppYoY

DEBT TO EQUITY

0.4x

Q4 FY26 · consolidated

-1.20xYoY

Peers · Other Industrial Products

CompanyMkt CapP/EEV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
Sprayking LtdSPRAYKING
₹27 Cr1.774.061.1%9.8%14.6%16.7%-38.6%
Mallcom (India)MALLCOM
₹624 Cr23.3212.963.9%10.9%8.7%13.8%-20.6%
Simplex CastingsSIMPLEXCAS
₹439 Cr3.7412.2718.0%19.6%30.0%33.7%-70.7%
Sealmatic IndiaSEALMATIC
₹435 Cr15.0%-20.8%
United HeatUHTL
₹273 Cr14.3%+96.7%
Indian Link Chain Mnfrs. Ltd.INLCM
₹102 Cr-700.0%6.6%5.2%-70.9%

As of Q4 FY26

Financials