SPRAYKING

Sprayking financials

Market cap
₹29 Cr

Quarterly results

Q1 FY27: revenue down 24.0%, net profit down 120.0% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue28 36 28 22 20 −30%42 +19%45 +59%17 −24%
EBITDA3 1 2 2 6 +121%1 −7%0 −94%1 −21%
Net profit1 2 2 1 4 +351%-0 −122%-0 −119%-0 −120%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −39.5% 1Y

₹1.00₹1.50₹2.00Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹2 on 9 Sept 2025 → ₹1.21. High ₹2.29 (17 Oct 2025), low ₹1.02 (30 Mar 2026).

Financials, as filed

Revenue grew 12.7% a year over 2 years, FY24 to FY26. Operating margin narrowed to 6.5%.

Year endingFY24FY25FY26
Revenue₹102 Cr₹128 Cr₹129 Cr
Operating profit₹15 Cr₹10 Cr₹8 Cr
Operating margin15.1%7.9%6.5%
Interest₹1 Cr₹2 Cr₹3 Cr
Depreciation₹2 Cr₹3 Cr₹3 Cr
Net profit₹9 Cr₹7 Cr₹4 Cr
Net margin8.8%5.7%3.0%
Cash from operations₹-20 Cr₹-11 Cr₹-9 Cr
Free cash flow₹-27 Cr₹-22 Cr₹-15 Cr
ROCE—16.0%8.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY23FY24FY25FY26
Equity capital—₹11 Cr₹22 Cr₹21 Cr
Reserves—₹19 Cr₹18 Cr₹37 Cr
Borrowings—₹34 Cr₹44 Cr₹24 Cr
Other liabilities—₹33 Cr₹16 Cr₹37 Cr
Total liabilities—₹97 Cr₹101 Cr₹119 Cr
Fixed assets—₹17 Cr₹27 Cr₹29 Cr
Capital work in progress—₹0 Cr₹13 Cr₹0 Cr
Investments—₹1 Cr₹1 Cr₹1 Cr
Other assets—₹79 Cr₹60 Cr₹89 Cr
Total assets—₹97 Cr₹101 Cr₹119 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

The ownership split has held steady since Jun 2025. The shareholder count grew 9% to 44,621.

Promoters
36.4%
Public
63.6%

Since Jun 2025

  • Public −0.01 pp
  • Promoters 0.00 pp

How it drifted, 12 quarters

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 36.4%, Public 63.6%.Dec '23: Promoters 36.4%, Public 63.6%.Mar '24: Promoters 36.4%, Public 63.6%.Jun '24: Promoters 36.4%, Public 63.6%.Sep '24: Promoters 36.4%, Public 63.6%.Dec '24: Promoters 36.4%, Public 63.6%.Mar '25: Promoters 36.4%, Public 63.6%.Jun '25: Promoters 36.4%, Public 63.6%.Sep '25: Promoters 36.4%, Public 63.6%.Dec '25: Promoters 36.4%, Public 63.6%.Mar '26: Promoters 36.4%, Public 63.6%.Jun '26: Promoters 36.4%, Public 63.6%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

Every holder of Sprayking Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Hitesh Pragajibhai Dudhagara 18.48%unchanged
Hetal Shashank Doshi 14.55%unchanged
Pragjibhai Meghjibhai Patel 7.43%unchanged
Ronak Hitesh Dudhagara 4.99%unchanged
Patel Hitesh Pragjibhai Huf 3.18%unchanged
Parvatiben Pragajibhai Patel 2.15%unchanged
Sappers Infra Realtors Pvt. Ltd. 1.20%unchanged
Morning Vinimay Private Limited 1.20%unchanged
Mentax Impex Private Limited 1.06%unchanged
Kalpnaben Ravibhai Dholariya 0.09%unchanged
Bhavika Pragjibhai Dudhagara 0.09%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

Learn to analyse Sprayking Limited

Guides on how to read this kind of business and the numbers that matter.