Why is Sprayking Ltd ?
1
Weak Long Term Fundamental Strength with a -21.77% CAGR growth in Operating Profits over the last 5 years
- Low ability to service debt as the company has a high Debt to EBITDA ratio of 3.73 times
2
Flat results in Dec 25
- PAT(Q) At Rs -0.43 cr has Fallen at -122.2%
- PBDIT(Q) Lowest at Rs 0.99 cr.
- OPERATING PROFIT TO NET SALES (Q) Lowest at 2.33%
3
Stock is technically in a Bearish range
- The technical trend has deteriorated from Mildly Bearish on 20-Apr-26 and has generated -10.6% returns since then
- Multiple factors for the stock are Bearish like MACD, Bollinger Band and KST
4
Below par performance in long term as well as near term
- Along with generating -61.15% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Other Industrial Products)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Sprayking Ltd for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Sprayking Ltd
-45.75%
-1.09
56.17%
Sensex
-1.65%
-0.49
12.94%
Quality key factors
Factor
Value
Sales Growth (5y)
88.86%
EBIT Growth (5y)
31.19%
EBIT to Interest (avg)
4.31
Debt to EBITDA (avg)
3.91
Net Debt to Equity (avg)
0.42
Sales to Capital Employed (avg)
1.34
Tax Ratio
14.00%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
11.96%
ROE (avg)
9.76%
Valuation Key Factors 
Factor
Value
P/E Ratio
15
Industry P/E
41
Price to Book Value
0.49
EV to EBIT
10.34
EV to EBITDA
6.31
EV to Capital Employed
0.64
EV to Sales
0.41
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
6.20%
ROE (Latest)
3.27%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
No Trend
No Trend
Technical Movement
4What is working for the Company
NET SALES(Latest six months)
At Rs 61.65 cr has Grown at 22.27%
-10What is not working for the Company
PAT(Q)
At Rs -0.07 cr has Fallen at -110.8%
ROCE(HY)
Lowest at 9.24%
NET SALES(Q)
Lowest at Rs 16.93 cr
Loading Valuation Snapshot...
Here's what is not working for Sprayking Ltd
Net Sales - Quarterly
At Rs 16.93 cr has Fallen at -24.01%
Year on Year (YoY)MOJO Watch
Near term sales trend is very negative
Net Sales (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs -0.07 cr has Fallen at -110.8%
Year on Year (YoY)MOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Net Sales - Quarterly
Lowest at Rs 16.93 cr
in the last five quartersMOJO Watch
Near term sales trend is negative
Net Sales (Rs Cr)