Stovec Industries share price & results
- Jun 2026
- Sept 2026
Ahmedabad-based manufacturer of rotary and digital textile screen-printing machinery, perforated rotary screens, engraving equipment, inks and consumables, part of the Netherlands' SPGPrints Group.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 52.8 | −7.0% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 7.4 | +1.0 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 2.5 | −17.2% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
| Return on equity | −4.0 pts | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. | |
| Free cash flow margin | +19.8 pts | Fiscal year | FY · period unavailable | Not in the analysed materials. No older figure is substituted. | |
| Revenue growth (YoY) | −17.7 pts | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. |
Price
Performance −39.8% 1Y
1Y: ₹2,215.6 on 24 Oct 2025 → ₹1,333.9. High ₹2,222.95 (27 Oct 2025), low ₹1,315 (26 Oct 2026).
- Previous close
- ₹1,315
- Market cap
- ₹354 Cr
- 52-week range
- ₹1,315 – ₹2,222.95
- One year
- −39.99%
Overview
- Symbol
- NSE:STOVACQ
- Sector
- Capital Goods
- Industry
- Industrials
- Exchange
- NSE
- Currency
- INR
What Stovec Industries Ltd. does
Based on the company's own presentations, annual report and earnings calls.
Stovec Industries designs, manufactures and supplies rotary screen-printing machines, perforated rotary screens (including Nova Screens), digital printing equipment, engraving systems, printing inks, prepress technology and other consumables used in textile and label/graphic printing. Its manufacturing operations run out of a single air-conditioned facility in Ahmedabad, Gujarat, which also serves as the global technology and product-ownership hub for the Textile Business Unit of its parent, SPGPrints Group. The company earns revenue from two reporting segments: textile consumables & machinery, and graphic products, serving textile processors and mills both in India and internationally.
Segments
- Textile consumables & machinery
- Graphic products
- Manufacturing facility
- 1 (air-conditioned facility, Ahmedabad, Gujarat)
- Manufacturing facility area
- 49,000 sq. m
- Employees (FTE)
- 250
- Reporting business segments
- 2 (Textile consumables & machinery; Graphic products)
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Dec 2013 to Dec 2018).
Financials
What the filings say
Net profit, year on year: −17% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 57 | 56 | 49 | 57 | 41 | 51 | 47 | 53 |
| Expenses | 53 | 53 | 45 | 53 | 39 | 51 | 44 | 49 |
| Operating profit | 5 | 3 | 4 | 4 | 2 | 1 | 3 | 4 |
| Operating margin | 7.9% | 6.0% | 7.6% | 6.4% | 4.5% | 1.0% | 5.7% | 7.4% |
| Other income | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 4 | 2 | 3 | 4 | 2 | 0 | 2 | 3 |
| Tax rate | 22.8% | 35.6% | 25.2% | 24.7% | 26.1% | −6.3% | 18.9% | 24.9% |
| Net profit | 3 | 2 | 3 | 3 | 1 | 0 | 2 | 2 |
| EPS (₹ per share) | 14.80 | 7.33 | 12.36 | 14.18 | 5.75 | 0.77 | 7.95 | 11.73 |
| Line item | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|
| Sales | 207 | 235 | 198 |
| Expenses | 194 | 214 | 188 |
| Operating profit | 13 | 21 | 10 |
| Other income | 4 | 3 | 5 |
| Interest | 0 | 0 | 0 |
| Depreciation | 6 | 7 | 6 |
| Profit before tax | 11 | 17 | 9 |
| Net profit | 9 | 13 | 7 |
| Line item | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Jun 2025 | Dec 2025 |
|---|---|---|---|---|---|---|
| Equity capital | 2 | 2 | 2 | 2 | 2 | 2 |
| Reserves | 159 | 172 | 138 | 123 | 128 | 130 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 |
| Other liabilities | 40 | 41 | 48 | 36 | 42 | 36 |
| Total liabilities | 201 | 214 | 188 | 160 | 172 | 168 |
| Fixed assets | 36 | 34 | 35 | 32 | 29 | 27 |
| Capital work in progress | 0 | 0 | 1 | 0 | 0 | 3 |
| Investments | 1 | 0 | 0 | 0 | 0 | 0 |
| Other assets | 164 | 179 | 152 | 128 | 143 | 138 |
| Total assets | 201 | 214 | 188 | 160 | 172 | 168 |
| Line item | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|
| Cash from operations | 22 | 4 | 24 | 13 | 16 | -2 |
| Cash from investing | -27 | 2 | -5 | 28 | 6 | 14 |
| Cash from financing | -12 | -5 | -12 | -43 | -28 | 0 |
| Net cash flow | -18 | 2 | 8 | -2 | -5 | 12 |
| Free cash flow | 18 | -5 | 18 | 5 | 13 | -4 |
| Line item | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|
| Debtor days | 59 | 49 | 36 | 55 | 55 | 65 |
| Inventory days | 142 | 113 | 151 | 169 | 114 | 182 |
| Days payable | 92 | 44 | 60 | 80 | 39 | 48 |
| Cash conversion cycle | 109 | 118 | 127 | 144 | 130 | 199 |
| Working capital days | 39 | 121 | 86 | 76 | 91 | 111 |
| Return on capital employed | 13.0% | 25.0% | 15.0% | 7.0% | 13.0% | 8.0% |
| Dividend payout | 34.0% | 40.0% | 40.0% | 402.0% | 185.0% | 36.0% |
What the price assumes
Growth trapTo justify its price of ₹1334, this stock must grow earnings at 37% every year for 7 years. Our analysis caps realistic growth at ~-14%. At that growth it is worth ₹92 — downside of 93%.
- Growth the price implies
- 37.5% a year
- for 7 years, fading to 4%
- It has actually compounded at
- -13.6% a year
- net profit, FY23–FY26 · EPS -13.5%
- The gap
- 0.5 pp
- -93% downside if it only repeats history
Ownership
Who owns it
Promoters hold 71.06% as of Sept 2026; institutions added 0.00 pts since Jun 2026.
- Promoters 71.06%
- Foreign institutions 0.00%
- Domestic institutions 0.05%
- Government 0.00%
- Public 28.90%
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- +0.12 pp 2.02% held
The same filing shows 0 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Sep 2026 filing
Every holder of Stovec Industries Ltd. above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 71.06% | unchanged | |
| 2.02% | +0.12 pp | |
| 1.44% | unchanged | |
| 1.05% | unchanged | |
| — | off the list |
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.
Your own record
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