Sprayking share price, P/E, ROE & financials

Sprayking (BSE: SPRAYKING) had a P/E of 18.7× on 6 Nov 2026, below the industry P/E of 25.1×, and the shares are 43% below their 52-week high. It earns ROCE of 8.2% and ROE of 4.3%, and sales and net profit grew 88% and 3.8% a year over 3 years. Debt is 0.30× equity. It is a small-cap company with a market cap of ₹24 Cr, ranked 67th of 71 Metal Fabrication companies by market cap; the shares fell 42% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹1.11
Day high: ₹1.15
Day low: ₹1.11
Prev. close: ₹1.13
Volume: 1.1 L

Health check

1 good · 1 fair · 4 to check

ReturnsBehind
−42.3% over a year, better than 0 of 7 peers.
Price tagCheaper
P/E 18.7 vs industry 25.1.
GrowthSteady
Sales +88.3%, profit +3.8% a year over 3 years.
ProfitabilityWeak
ROCE 8.2% vs peer median 15.6%.
Balance sheetStretched
Debt 0.30× equity, interest covered 2.6×, Piotroski 3 of 9.
Red flags4 to check
Return on equity is low at 4.3%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Metal Fabrication

70 listed peers. Screen the industry

Small cap

₹24 Cr, #67 of 71 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Jun 2026: sales ₹126 Cr · profit ₹1 Cr

Market cap: ₹24 Cr; Small cap
P/E: 18.7; Industry 25.1
Price to book: 0.41; Peers 7.00
Dividend yield: 0.00%
ROE: 4.3%; Peers 8.6%
ROCE: 8.2%; Peers 15.6%
Debt to equity: 0.30; Debt ₹24 Cr
EPS (TTM): ₹0.06
OPM (TTM): 3.1%; Net margin 1.1%
Sales growth: −24.0%; Latest quarter vs a year ago
Profit growth: −113.5%; Latest quarter vs a year ago
Price to sales: 0.19; EV/EBITDA 6.6

Strengths

P/E of 18.7 against an industry P/E of 25.1.

Risks to check

Return on equity is low at 4.3%.
Quarterly profit down 113.5% on a year ago.
Quarterly sales down 24.0% on a year ago.
43% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Sprayking

Sprayking Limited manufactures and trades in brass products in India. It offers brass fittings, forging equipment, transformer parts, and other customized brass parts, as well as Brass billets and valves, sanitary and plumbing fittings, brass compression fittings, garden and agricultural sprayer fittings, electrical components, precision turned components, and industrial components. The company also provides turning components, brass compression fittings,…

Headquarters: Jamnagar
Employees: 30
Sector: Industrials
ISIN: INE537U01037
Website: sprayking.co.in

Price range

52 weeks

₹1.00₹1.98

Today

₹1.11₹1.15

Avg volume (3M): 1.6 L
1-year return: minus 42.3%
From 52-week high: minus 43.4%

Peers · Metal Fabrication

Compare with peers Screen the whole industry

Company
BHARATFORGBharat Forge	1,740.00	minus 0.74%	85,029	121.8	7.23	15.6%	6.7%	14.7%	9.7%	26.9%	0.49%	plus 32.3%
INDOMIMINDO-MIM	1,219.50	minus 3.93%	60,302	101.1	20.94	22.8%	21.3%	28.6%	15.8%	4.9%	0.00%	plus 64.4%
PTCILPTC Industries	24,335.00	plus 0.04%	38,564	290.6	23.73	7.9%	8.6%	24.6%	40.7%	57.8%	0.00%	plus 41.4%
ZETWERKZetwerk Manufacturing Businesses	164.89	minus 1.10%	27,937	–	−2.47	−13.0%	−36.0%	0.1%	56.9%	–	0.00%	plus 19.3%
HAPPYFORGEHappy Forgings	1,694.50	minus 10.00%	15,996	49.0	7.00	18.9%	15.2%	30.6%	9.8%	13.1%	0.24%	plus 85.8%
RKFORGERamkrishna Forgings	693.85	minus 4.25%	13,087	68.4	3.51	4.7%	5.6%	17.1%	10.5%	−33.9%	0.58%	plus 35.6%
GRAVITAGravita India	1,493.90	minus 0.07%	10,883	27.3	4.11	18.1%	16.2%	9.3%	14.9%	23.5%	0.52%	minus 15.4%
SPRAYKINGSprayking	1.12	minus 0.88%	24	18.7	0.41	8.2%	4.3%	3.1%	88.3%	3.8%	0.00%	minus 42.3%
Median of 7 peers	–	−1.10%	27,937	84.7	7.00	15.6%	8.6%	17.1%	14.9%	18.3%	0.24%	35.6%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Mar 25	Jun 25	Dec 25	Mar 26	Jun 26
28.1	22.3	42.5	44.7	16.9
–	–	–	+58.9%	minus 24.0%
26	20.7	41.5	44.6	15.7
2.2	1.6	1	0.1	1.3
7.7%	7.2%	2.3%	0.3%	7.5%
1.2	0.1	0.7	0.7	0.1
0.6	0.7	0.7	0.7	0.6
0.4	0.8	0.7	1	0.8
2.4	0.3	0.2	−0.9	−0
13.3%	−127.5%	339.5%	56.8%	−196.4%
2.1	0.5	−0.4	−2.4	−0.1
–	–	–	minus 216.7%	minus 113.5%
0.39	0.06	-0.02	-0.11	-0.00

Sep 25 not reported by the data source.

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +88.3%
Profit CAGR 3Y: +3.8%
EPS CAGR 3Y: +105.9%
ROE: 4.3%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
19.3	102	130	129
–	+426.0%	+28.0%	minus 0.7%
16.8	89.9	118	120
2.5	11.7	12.1	9.2
13.1%	11.5%	9.3%	7.1%
0	3.8	1.6	1.7
0.1	1.1	2	2.9
0.1	1.9	1.8	3.2
–	−0	−0.3	−0.2
2.3	12.4	9.6	4.6
26.8%	28.3%	24.4%	13.9%
1.7	8.9	7.3	1.9
–	+424.4%	minus 18.4%	minus 73.8%
0.10	0.08	6.03	0.90

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
6.3	10.6	21.1	21.1
18.4	19	10.6	36.6
1.3	34.4	46.7	24.3
0.9	32.7	26.8	37.2
27	96.6	105	119
0.5	14.4	23.7	26.3
–	1	1.1	1.1
0	3.6	0.3	0.3
26.4	77.6	80.2	91.5
27	96.6	105	119

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
−2.8	−20.3	−11.1	−8.6
−12.7	−8.1	−13	−4.4
15.1	31.8	20.7	13
−0.4	3.4	−3.4	0.1
−0.4	−6.7	−11.3	−5.8
−3.2	−27	−22.4	−14.4

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

BSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you