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Spinaroo Commercial

544392 BSE
Price unavailable

Spinaroo Commercial (SPINAROO) share price was ₹47.03 at the 22 Oct 2026 close; market capitalisation ₹32.87 Cr; sector Forest Materials. The share price fell 31.5% over the year to 22 Oct 2026 (adjusted for splits and bonuses). In the Mar 2026 quarter, revenue rose 8.7% year on year to ₹19.9 Cr and net profit fell 89.0% year on year to ₹0.09 Cr (compared with Mar 2025). Promoters held 47.66% of Spinaroo Commercial in Sep 2026, unchanged from Jun 2026.

Close 22 Oct 2026 ₹47.03 −23.90 −33.70% 1Y

Key Fundamentals

SMEPaper, Forest & Jute ProductsForest Materials
Market Cap
₹32.87 Cr
EBITDA
₹1.40 Cr
Return on Equity
3.19%
Debt to Equity
0.39
Book Value
₹24.06
EPS (TTM)
—
52W High
₹71.00
52W Low
₹26.60

Price-based figures as of 22 Oct 2026, 15:30 IST · TTM

Peer Comparison

Commodities › Forest Materials › Paper & Paper Products

JK Paper
₹381.7521.336,922 Cr1.251.04%4.70%7.05%7,389 Cr328 Cr
West Coast Paper Mills
₹864.7524.865,712 Cr1.580.37%3.72%5.93%4,490 Cr238 Cr
Andhra Paper
₹67.7548.741,347 Cr0.690.76%0.96%1.99%1,780 Cr28 Cr
Seshasayee Paper & Boards
₹202.7112.911,278 Cr0.611.04%4.04%5.22%2,039 Cr99 Cr
N R Agarwal Industries
₹671.2018.381,142 Cr1.400.30%5.36%8.04%2,344 Cr62 Cr
Tamil Nadu Newsprint & Papers
₹129.503.44896 Cr0.393.10%10.70%6.76%4,727 Cr261 Cr
Pudumjee Paper Products
₹89.509.33850 Cr1.270.70%13.98%16.59%833 Cr92 Cr
Spinaroo Commercial (this company)
——33 Cr1.950.00%3.19%6.90%——
Median 8 companies₹202.7118.381,210 Cr1.260.73%4.37%6.83%2,344 Cr99 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the live price; other metrics are as reported in filings. A dash means the figure is not published for that company.

Tapetide Score

Data-driven rating, 0–100. How it works →

No Tapetide Score has been computed for this stock yet.

Key Insights

Weaknesses

3
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 12.7% over last 3 years.
  • Working capital days have increased from 68.2 days to 120 days

Technical Indicators

Oscillators

Bullish

Bearish
1
Neutral
6
Bullish
2

Overall

Bullish

Bearish
6
Neutral
6
Bullish
7

Moving Averages

Neutral

Bearish
5
Neutral
0
Bullish
5

Growth Rate

Revenue Growth
0% higher than 3Y

change over 1 year

Net Income Growth
-64.29% lower than 3Y

change over 1 year

Cash Flow Change
-785%

change over 1 year

EBITDA Margin Change
-51.99%

change over 1 year Operating margin 2.66% · Mar 2026

Quarterly Results

Particulars Sep 2024Mar 2025Sep 2025Mar 2026
Sales
21.02
18.3
19.37
19.9
Expenses
19.69
16.69
18.48
19.37
Operating Profit
1.33
1.61
0.89
0.53
OPM %
6.33%
8.8%
4.59%
2.66%
Other Income
0
0.02
0.01
0
Interest
0.36
0.34
0.16
0.26
Depreciation
0.15
0.14
0.15
0.11
PBT
0.82
1.15
0.59
0.16
Tax %
25.61%
27.83%
27.12%
37.5%
Net Profit
0.61
0.82
0.44
0.09
EPS (₹)
1.22
1.64
0.63
0.13
Figures in ₹ Crores

Profit & Loss

Particulars Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales
47.43
53.12
40.84
39.31
39.27
Expenses
45.18
50.92
38.18
36.36
37.82
Operating Profit
2.25
2.2
2.66
2.95
1.45
OPM %
4.74%
4.14%
6.51%
7.5%
3.69%
Other Income
0.13
0.07
0.38
0.02
0.01
Interest
0.81
0.78
0.75
0.71
0.45
Depreciation
0.64
0.51
0.43
0.29
0.25
PBT
0.93
0.98
1.86
1.97
0.76
Tax %
44.09%
5.1%
24.73%
26.9%
28.95%
Net Profit
0.52
0.93
1.4
1.44
0.54
EPS (₹)
1.04
1.86
2.8
2.88
0.77
Div. Payout %
0%
0%
0%
0%
0%
Figures in ₹ Crores

Balance Sheet

Particulars Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
1
1
1
5
6.99
Reserves
2.7
3.63
5.03
2.47
9.84
Borrowings
9
8.44
7.52
7.79
6.51
Other Liabilities
5.12
6.4
5.13
4.95
4.5
Total Liabilities
17.82
19.47
18.68
20.21
27.84
Fixed Assets
2.85
2.45
1.77
1.62
1.52
CWIP
0
0
0
0
0.32
Investments
0.24
0.24
0.41
0.43
1.74
Other Assets
14.73
16.78
16.5
18.16
24.26
Total Assets
17.82
19.47
18.68
20.21
27.84
Figures in ₹ Crores

Cash Flow

Particulars Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
1.23
1.81
-0.64
0.93
-6.37
Investing
-0.33
-0.11
0.74
-0.13
-1.78
Financing
-1.26
-1.33
-0.15
-0.81
7.7
Net Cash Flow
-0.36
0.37
-0.05
0
-0.44
Free Cash Flow
1.11
1.69
0.1
0.8
-6.84
CFO/EBITDA
77
95
-7
49
-405
Figures in ₹ Crores

Ratios

Particulars Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
29.63
31.88
33.6
35.66
45.54
Inventory Days
72.56
76.02
119
142
190
Days Payable
34.21
41.53
41.27
44.73
42.93
Cash Conversion Cycle
67.98
66.37
111
133
193
Working Capital Days
10
17.18
34.68
49.86
120
ROCE %
—
13.66%
17.81%
18.6%
6.27%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Spinaroo Commercial insights

62 extracted metrics + investor summaries across FY14–FY26.

Shareholding Pattern

Promot.47.66%Others5.26%Public47.08%As ofSep 2026

Documents

Frequently Asked Questions about Spinaroo Commercial

What does Spinaroo Commercial Ltd do?
Incorporated in 2012, Spinaroo Commercial Ltd manufactures aluminium and paper products, and deals in machineries.[1]
Where is Spinaroo Commercial Ltd (SPINAROO) listed?
Spinaroo Commercial Ltd trades under code 544392 on the BSE.
Which sector does Spinaroo Commercial Ltd belong to?
Spinaroo Commercial Ltd is classified under the Forest Materials sector, in the Paper & Paper Products industry.
What is the market capitalisation of Spinaroo Commercial Ltd?
Spinaroo Commercial Ltd has a market capitalisation of ₹32.87 Cr as of 22 Oct 2026, which places it in the Small Cap band.
What is the 52-week high and low of Spinaroo Commercial Ltd?
Over the last 52 weeks Spinaroo Commercial Ltd has traded between ₹26.6 and ₹71 as of 22 Oct 2026.
What is the Return on Equity (ROE) of Spinaroo Commercial Ltd?
Spinaroo Commercial Ltd reported a return on equity of 3.19%. Its debt-to-equity ratio is 0.39.

Company Information

Incorporated in 2012, Spinaroo Commercial Ltd manufactures aluminium and paper products, and deals in machineries.[1]

Website spino.co.in
Listed 2025-04-08
Face Value ₹ 10
Shares Outstanding 69,89,899

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