As of 6 Nov 2026, Shining Tools trades at 27.2× trailing earnings, above the industry P/E of 22.6×, and the shares are close to their 52-week high. Sales grew 21% a year over 3 years, with ROCE of 19% and ROE of 23%. Debt is 0.24× equity. It is listed on an SME platform with a market cap of ₹126 Cr, ranked 21st of 31 Tools & Accessories companies by market cap; the shares rose 126% over the past year.
- ₹223.45
- ₹223.45
- ₹223.45
- ₹212.85
- 10.8K
Health check
- ReturnsAhead
+126.2% over a year, better than 7 of 7 peers.
- Price tagPricier
P/E 27.2 vs industry 22.6.
- GrowthStrong
Sales +21.0% a year over 3 years.
- ProfitabilityAverage
ROCE 19.4% vs peer median 25.1%.
- Balance sheetSolid
Debt 0.24× equity, interest covered 6.7×, Piotroski 6 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹126 Cr
- Small cap
- P/E
- 27.2
- Industry 22.6
- Price to book
- 4.89
- Peers 7.34
- Dividend yield
- 0.00%
- ROE
- 23.0%
- Peers 15.4%
- ROCE
- 19.4%
- Peers 25.1%
- Debt to equity
- 0.24
- Debt ₹6.30 Cr
- EPS (TTM)
- ₹8.23
- OPM (TTM)
- 21.1%
- Net margin 21.3%
- Sales growth
- +9.5%
- Latest quarter vs a year ago
- Profit growth
- +54.3%
- Latest quarter vs a year ago
- Price to sales
- 6.91
- EV/EBITDA 20.2
Strengths and risks
Strengths
- Return on equity of 23.0%.
- Quarterly profit up 54.3% on a year ago.
- Net margin of 21.3%.
- Positive operating cash flow in each of the last 4 years.
About Shining Tools
Shining Tools Limited engages in the design, manufacture, and supply of solid carbide cutting tool solutions in India. The company's cutting tools includes end mills, fir-tree cutters, thread mills, drills, reamers, ballnose, and corner radius. It also provides customized tools, comprising assembly parts, borings, dovetails, engravings, 3 flute drills, grooving, inner radius, irrigation tools, profile tools, profile T slot, punches, slitting cutters,…
- Headquarters
- Rajkot
- Employees
- 31
- Sector
- Industrials
- ISIN
- INE0D8001018
- Website
- tixnatools.com
Price range
- Avg volume (3M)
- 21.2K
- 1-year return
- plus 126.2%
- From 52-week high
- 0.0%
Peers · Tools & Accessories
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| TIMKENTimken India | 3,057.80 | minus 2.14% | 23,000 | 50.7 | 35.4 | 18.5% | 18.5% | 0.00 | 7.5% | plus 2.4% |
| CARBORUNIVCarborundum Universal | 1,041.30 | minus 3.99% | 19,838 | 134.0 | 32.9 | 7.1% | 8.4% | 0.12 | 3.8% | plus 21.1% |
| SKFINDUSSKF India (Industrial) | 2,343.60 | minus 2.47% | 11,586 | 49.4 | – | – | 10.3% | 0.00 | – | minus 13.0% |
| KENNAMETKennametal India | 3,585.60 | minus 5.65% | 7,881 | 40.2 | 26.1 | 31.2% | 23.9% | 0.00 | 11.4% | plus 44.8% |
| ESABINDIAEsab India | 5,004.00 | minus 2.18% | 7,703 | 34.7 | 28.1 | 60.8% | 18.4% | 0.01 | 11.4% | plus 4.8% |
| SKFINDIASKF India | 1,425.60 | plus 0.37% | 7,048 | 45.3 | 14.4 | 31.7% | 11.1% | 0.00 | −4.9% | minus 33.0% |
| TIILTechnocraft Industries (India) | 2,726.40 | minus 1.58% | 6,182 | 18.2 | 13.7 | 19.1% | 18.5% | 0.40 | 12.2% | plus 14.3% |
| SHTLShining Tools | 223.45 | plus 4.98% | 126 | 27.2 | 19.1 | 19.4% | 21.1% | 0.24 | 21.0% | plus 126.2% |
| Median of 7 peers | – | −2.18% | 7,881 | 45.3 | 27.1 | 25.1% | 18.4% | 0.00 | 9.4% | 4.8% |
Quarterly results
| ₹ Cr | Mar 25 | Mar 26 |
|---|---|---|
| 9.4 | 10.3 | |
| 5.3 | 7.2 | |
| 4.1 | 3.1 | |
| 43.6% | 29.8% | |
| 0 | 0.4 | |
| 0.4 | 0.4 | |
| 1.3 | 1 | |
| 2.5 | 2.1 | |
| 46.1% | 0.0% | |
| 1.3 | 2.1 | |
| 2.35 | 3.87 |
Profit & loss
- Sales CAGR 3Y
- +21.0%
- ROE
- 23.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 10.3 | 10.5 | 14.7 | 18.3 | |
| – | +2.0% | +39.9% | +24.2% | |
| 8.5 | 6.4 | 8.2 | 11.4 | |
| 1.8 | 4.1 | 6.5 | 6.9 | |
| 17.6% | 39.3% | 44.4% | 37.9% | |
| 0.1 | 0 | −0 | 0.2 | |
| 1.1 | 0.9 | 0.9 | 0.8 | |
| 0.9 | 1.2 | 2.5 | 1.7 | |
| 0 | – | −0.1 | −0.1 | |
| −0.1 | 2.1 | 3 | 4.6 | |
| 25.0% | 25.5% | 40.6% | 15.0% | |
| −0.1 | 1.6 | 1.8 | 3.9 | |
| – | – | +14.0% | +116.7% | |
| -0.14 | 2.78 | 3.17 | – |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2 | 2 | 4.2 | 5.7 | |
| 0 | 1.6 | 3.8 | 20.2 | |
| 9.5 | 7.5 | 8.2 | 6.3 | |
| 5.4 | 3.9 | 3.5 | 3.8 | |
| 16.8 | 15 | 19.7 | 36 | |
| 5.2 | 5.5 | 6.8 | 13.5 | |
| – | – | 2.8 | 2.8 | |
| 0.2 | 0.3 | 0.1 | 0.3 | |
| 11.4 | 9.2 | 10 | 19.4 | |
| 16.8 | 15 | 19.7 | 36 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2.3 | 4.4 | 1.2 | 1 | |
| −0.1 | −1.4 | −2.9 | −12.1 | |
| −2.1 | −2.8 | 1.5 | 11.3 | |
| 0.1 | 0.1 | −0.3 | 0.2 | |
| −0.1 | −1.4 | −3 | −12.1 | |
| 2.2 | 3 | −1.8 | −11 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.