---
title: "Spisys Ltd (1270856) — Share Price, Financials & Analysis"
symbol: "1270856"
company: "Spisys Ltd"
canonical: "https://tapetide.com/stocks/1270856"
sector: "Fast Moving Consumer Goods"
industry: "Food Products"
generated_at: "2026-09-13T19:09:40.005Z"
---

# Spisys Ltd (1270856)

Canonical page: https://tapetide.com/stocks/1270856

## Company

- **Sector:** Fast Moving Consumer Goods
- **Industry:** Food Products
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** spisyslimited.com

## About

Spisys Ltd. is engaged in manufacturing and processing spice extracts, active nutraceutical compounds and decaffeinated teas.

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.
- Stock is trading at 0.93 times its book value
- Company has a good return on equity (ROE) track record: 3 Years ROE 28.1%
- Debtor days have improved from 83.8 to 19.3 days.

### Weaknesses

- Company has low interest coverage ratio.
- Company might be capitalizing the interest cost

## Growth Rates

| Metric | 1Y |
| --- | --- |
| net income growth | -503% |
| revenue growth | -64% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1.48 | 5.78 | 1.99 | 19.34 | 6.66 | 6.82 | 7.75 | 1.75 | 4.12 | 1.29 | 1.67 | 1.23 |
| Expenses | 1.57 | 5.17 | 2.13 | 16.36 | 5.73 | 5.74 | 5.9 | 4.57 | 3.79 | 1.04 | 1.81 | 3.76 |
| Operating Profit | -0.09 | 0.61 | -0.14 | 2.98 | 0.93 | 1.08 | 1.85 | -2.82 | 0.33 | 0.25 | -0.14 | -2.53 |
| OPM % | -6.08 | 10.55 | -7.04 | 15.41 | 13.96 | 15.84 | 23.87 | -161.14 | 8.01 | 19.38 | -8.38 | -205.69 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.05 | 0 | 0 | 0.02 | 2.73 |
| Interest | 0.03 | 0.02 | 0.07 | 0.11 | 0.03 | 0 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 |
| Depreciation | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.07 | 0.05 | 0.05 | 0.05 | 0.07 |
| Profit before tax | -0.17 | 0.54 | -0.26 | 2.82 | 0.85 | 1.03 | 1.79 | -2.85 | 0.27 | 0.19 | -0.18 | 0.11 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.07 | 0 | 0 | 0 | 109.09 |
| Net Profit | -0.16 | 0.55 | -0.25 | 2.82 | 0.85 | 1.03 | 1.79 | -3.08 | 0.27 | 0.19 | -0.18 | -0.01 |
| EPS in Rs | -0.18 | 0.61 | -0.28 | 3.12 | 0.94 | 1.14 | 1.98 | -3.4 | 0.3 | 0.21 | -0.2 | -0.01 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2014 | Mar 2015 | Mar 2016 | TTM |
| --- | --- | --- | --- | --- | --- |
| Sales | 5.26 | 16.21 | 26.09 | 22.88 | 8.31 |
| Expenses | 5.14 | 14.41 | 22.75 | 21.85 | 10.4 |
| Operating Profit | 0.12 | 1.8 | 3.34 | 1.03 | -2.09 |
| OPM % | 2.28 | 11.1 | 12.8 | 4.5 | -25.15 |
| Other Income | 0.3 | 0.18 | 0.1 | 0.07 | 2.75 |
| Interest | 1.01 | 0.45 | 0.27 | 0.07 | 0.05 |
| Depreciation | 1.26 | 0.18 | 0.18 | 0.21 | 0.22 |
| Profit before tax | -1.85 | 1.35 | 2.99 | 0.82 | 0.39 |
| Tax % | 0.54 | 4.44 | 15.05 | 28.05 | — |
| Net Profit | -1.86 | 1.29 | 2.53 | 0.6 | 0.27 |
| EPS in Rs | -2.16 | 1.43 | 2.8 | 0.66 | 0.3 |
| Dividend Payout % | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- |
| Equity Capital | 9.05 | 9.05 | 9.05 | 9.05 | 9.05 |
| Reserves | -9.17 | -5.03 | -2.53 | -1.94 | -1.74 |
| Borrowings | 12.3 | 6.93 | 5.78 | 6.15 | 3.58 |
| Other Liabilities | 2.1 | 1.21 | 18.11 | 4.54 | 5.13 |
| Total Liabilities | 14.28 | 12.16 | 30.41 | 17.8 | 16.02 |
| Fixed Assets | 9.3 | 2.55 | 2.5 | 2.71 | 2.57 |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 4.98 | 9.61 | 27.91 | 15.09 | 13.45 |
| Total Assets | 14.28 | 12.16 | 30.41 | 17.8 | 16.02 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0.8 | 1.67 | 0.69 | 0.34 |
| Cash from Investing Activity | -0.09 | -0.1 | -0.15 | -0.5 |
| Cash from Financing Activity | 1.71 | -1.49 | -0.53 | -0.07 |
| Net Cash Flow | 2.42 | 0.08 | 0.02 | -0.24 |
| Free Cash Flow | 0.71 | 1.52 | 0.53 | -0.17 |
| CFO/OP | 667 | 93 | 21 | 33 |

### Ratios

| Item | Mar 2006 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- |
| Debtor Days | 27.76 | 8.11 | 223.98 | 19.3 |
| Inventory Days | 208.77 | 135.13 | 116.24 | 171.35 |
| Days Payable | 170.43 | 14.32 | 321.48 | 57.32 |
| Cash Conversion Cycle | 66.1 | 128.92 | 18.74 | 133.33 |
| Working Capital Days | 29.84 | 82.41 | 89.26 | 115.18 |
| ROCE % | — | — | 28.3 | 7.59 |

## Shareholding Pattern

### annual

| Category | Mar 2017 |
| --- | --- |
| Promoters | 31.1% |
| Public | 68.9% |
| No. of Shareholders | 1893 |

### Quarterly

| Category | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 |
| --- | --- | --- | --- | --- |
| Promoters | 31.1% | 31.1% | 31.1% | 31.1% |
| Public | 68.9% | 68.9% | 68.9% | 68.9% |
| No. of Shareholders | 1888 | 1905 | 1877 | 1893 |

## Filings & Documents

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport//5391680316.pdf) |
| from bse | [Annual Report 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport//5391680315.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:09:40.005Z.