Financials Sprayking Limited

Equities

540079

INE537U01029

Specialty Mining & Metals

End-of-day quote Bombay S.E. 03:30:00 08/07/2024 am IST 5-day change 1st Jan Change
38.22 INR -1.16% Intraday chart for Sprayking Limited -2.20% -11.07%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 84.55 60.92 42.04 68.85 82.17 749.9
Enterprise Value (EV) 1 152.9 124.8 92.04 72.23 78.16 762.8
P/E ratio 72.5 x 45.7 x 147 x 11.1 x 23.8 x 27.9 x
Yield - - - - - -
Capitalization / Revenue 0.36 x 0.21 x 0.16 x 0.37 x 0.53 x 3.88 x
EV / Revenue 0.65 x 0.43 x 0.35 x 0.39 x 0.5 x 3.95 x
EV / EBITDA 13 x 9.9 x 9.32 x 251 x 16 x 30.1 x
EV / FCF -11 x 51.3 x 10.3 x 5.12 x 10.1 x -4.85 x
FCF Yield -9.09% 1.95% 9.72% 19.5% 9.88% -20.6%
Price to Book 1.06 x 0.75 x 0.52 x 0.79 x 0.9 x 3.03 x
Nbr of stocks (in thousands) 26,440 26,440 26,440 26,440 26,440 52,840
Reference price 2 3.198 2.304 1.590 2.604 3.108 14.19
Announcement Date 31/08/18 07/11/19 30/09/20 09/09/21 31/08/22 28/08/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 236.5 288.9 261.8 186.6 156.2 193.3
EBITDA 1 11.73 12.61 9.876 0.2878 4.887 25.36
EBIT 1 5.769 7.44 5.428 -1.352 4.69 24.25
Operating Margin 2.44% 2.58% 2.07% -0.72% 3% 12.55%
Earnings before Tax (EBT) 1 1.48 1.913 0.44 8.765 4.706 23.22
Net income 1 1.166 1.336 0.2901 6.204 3.468 17
Net margin 0.49% 0.46% 0.11% 3.32% 2.22% 8.8%
EPS 2 0.0441 0.0504 0.0108 0.2346 0.1308 0.5082
Free Cash Flow 1 -13.9 2.433 8.948 14.12 7.724 -157.3
FCF margin -5.88% 0.84% 3.42% 7.56% 4.95% -81.39%
FCF Conversion (EBITDA) - 19.3% 90.6% 4,905.06% 158.06% -
FCF Conversion (Net income) - 182.1% 3,084.87% 227.54% 222.73% -
Dividend per Share - - - - - -
Announcement Date 31/08/18 07/11/19 30/09/20 09/09/21 31/08/22 28/08/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 68.3 63.9 50 3.38 - 12.9
Net Cash position 1 - - - - 4.01 -
Leverage (Debt/EBITDA) 5.822 x 5.07 x 5.063 x 11.74 x - 0.5074 x
Free Cash Flow 1 -13.9 2.43 8.95 14.1 7.72 -157
ROE (net income / shareholders' equity) 1.47% 1.66% 0.36% 7.35% 3.88% 10%
ROA (Net income/ Total Assets) 2.15% 2.93% 2.35% -0.72% 2.72% 7.83%
Assets 1 54.19 45.66 12.33 -859.7 127.3 217
Book Value Per Share 2 3.010 3.060 3.070 3.310 3.440 4.680
Cash Flow per Share 2 0 0 0.0100 0.0100 0.1500 0
Capex 1 4.45 1.18 2.07 0.06 1.13 4.18
Capex / Sales 1.88% 0.41% 0.79% 0.03% 0.72% 2.16%
Announcement Date 31/08/18 07/11/19 30/09/20 09/09/21 31/08/22 28/08/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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