Spright Agro

Which are the latest news on Spright Agro?

What does Spright Agro do?

Spright Agro Ltd, a Micro Cap company in the Trading & Distributors industry, was incorporated in 1994 and has reported negative net sales and profit for March 2026. The company, previously known as Kansal Fibres and Tine Agro, has a market cap of INR 54 Cr.

Overview: <BR>Spright Agro Ltd operates in the Trading & Distributors industry and is classified as a Micro Cap company.<BR><BR>History: <BR>Spright Agro Ltd was incorporated in 1994 under the name Kansal Fibres Limited. The company underwent a name change to Tine Agro Limited on October 20, 2021, and was renamed Spright Agro Limited on March 22, 2024. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: -2 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: -8 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 54 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.00 <BR>Return on Equity: 0.00% <BR>Price to Book: 0.00<BR><BR>Contact Details: <BR>Address: 39 Devashish Complex, Sardar Patel Nagar Ellisbridge Ahmedabad Punjab : 380009 <BR>Tel: 91-9824055589 <BR>Email: kansalfiberltd@gmail.com <BR>Website: http://www.tineagrolimited.in

How big is Spright Agro?

As of 10th June, Spright Agro Ltd has a market capitalization of 54.00 Cr and reported net sales of 105.06 Cr with a loss of 12.50 Cr over the latest four quarters. Shareholder's Funds were 130.35 Cr and Total Assets were 136.78 Cr as of March 2025.

As of 10th June, Spright Agro Ltd has a market capitalization of 54.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Spright Agro reported net sales of 105.06 Cr. However, the company experienced a loss of 12.50 Cr during the same period.<BR><BR>The latest annual period for the balance sheet is March 2025, where Shareholder's Funds amounted to 130.35 Cr and Total Assets were recorded at 136.78 Cr.

Who are in the management team of Spright Agro?

The management team of Spright Agro consists of Akshaykumar Natubhai Pate1 (Managing Director), Nilam Viren Makwana (Independent Director), Apurvkumar Pankajbhai Patel (Additional Director), Shivangi Bipinchandra Gajjar (Additional Director), and Pooja Manthan Patel (Company Secretary & Compliance Officer).

The management team of Spright Agro includes the following individuals:<BR><BR>1. **Akshaykumar Natubhai Pate1** - Managing Director<BR>2. **Nilam Viren Makwana** - Independent Director<BR>3. **Apurvkumar Pankajbhai Patel** - Additional Director<BR>4. **Shivangi Bipinchandra Gajjar** - Additional Director<BR>5. **Pooja Manthan Patel** - Company Secretary & Compliance Officer<BR><BR>If you have any more questions about Spright Agro or its operations, feel free to ask!

Who are the peers of the Spright Agro?

Spright Agro's peers include Safa Systems, Le Lavoir, Dhanlaxmi Cotex, Chandni Machines, IFL Enterprises, Roni Households, Growington Vent, and Fortune Interntl. Notably, Chandni Machines has the highest 1-year return at 62.22%, while Spright Agro has the lowest at -86.93%.

Peers: The peers of Spright Agro are Safa Systems, Le Lavoir, Dhanlaxmi Cotex, Chandni Machines, IFL Enterprises, Roni Households, Growington Vent, and Fortune Interntl.<BR><BR>Quality Snapshot: Excellent capital structure is observed at Dhanlaxmi Cotex, while Good management risk is found at Le Lavoir and Good capital structure is noted at Chandni Machines. Below Average management risk is present in Safa Systems, Dhanlaxmi Cotex, IFL Enterprises, Roni Households, and Growington Vent, while Average management risk is noted at Chandni Machines. Below Average growth is seen at Safa Systems, Le Lavoir, Dhanlaxmi Cotex, IFL Enterprises, Roni Households, and Growington Vent, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Chandni Machines at 62.22%, while the peer with the lowest is Spright Agro at -86.93%. Spright Agro's 1-year return is significantly lower than all its peers. Additionally, the six-month return is negative for Safa Systems, Dhanlaxmi Cotex, IFL Enterprises, Roni Households, Growington Vent, and Spright Agro.

How has been the historical performance of Spright Agro?

Spright Agro has experienced significant growth in net sales and profitability, with net sales increasing from 7.70 Cr in March 2023 to 164.87 Cr in March 2025. Despite challenges in cash flow, the company has shown strong performance in operating profit and asset expansion during this period.

Answer:<BR>The historical performance of Spright Agro shows significant growth in net sales and profitability over the years, particularly from March 2023 to March 2025.<BR><BR>Breakdown:<BR>Spright Agro's net sales have surged from 7.70 Cr in March 2023 to 164.87 Cr in March 2025, indicating a remarkable increase in revenue generation. The total operating income followed a similar trend, rising from 7.70 Cr in March 2023 to 164.87 Cr in March 2025. The company has managed to maintain a low raw material cost, with no recorded expenses in this category across the years. However, the purchase of finished goods has increased significantly, from 7.58 Cr in March 2023 to 148.49 Cr in March 2025. Operating profit (PBDIT) has also shown substantial growth, reaching 20.45 Cr in March 2025 from just 0.01 Cr in March 2023, while profit before tax increased to 20.40 Cr in March 2025 from 0.01 Cr in March 2023. Profit after tax mirrored this growth, rising to 19.58 Cr in March 2025 from 0.01 Cr in March 2023. The company's total assets have expanded from 3.62 Cr in March 2023 to 136.78 Cr in March 2025, reflecting a strong asset base. Total liabilities also increased, but at a slower pace, from 3.62 Cr in March 2023 to 136.78 Cr in March 2025. Cash flow from operating activities remained negative, indicating challenges in cash generation despite the increase in profitability. Overall, Spright Agro's financial performance demonstrates a strong upward trajectory in sales and profitability, positioning the company for future growth.

When is the next results date for Spright Agro?

The next results date for Spright Agro is 14 November 2025.

The next results date for Spright Agro is scheduled for 14 November 2025.

Why is Spright Agro falling/rising?

As of 10-Jun, Spright Agro Ltd's stock price is at 3.84, down 2.04%, and has underperformed its sector today. Despite a significant long-term gain of 828.10%, the stock has declined sharply year-to-date and over the past year, contrasting with the broader market's positive performance.

As of 10-Jun, Spright Agro Ltd's stock price is currently at 3.84, reflecting a decrease of 0.08, or 2.04%. The stock has underperformed its sector by 2.29% today, and its delivery volume has fallen by 20.03% compared to the 5-day average, indicating a decline in investor participation. Despite a strong performance over the past three years with an increase of 828.10%, the stock has significantly underperformed year-to-date and over the past year, with declines of 75.77% and 79.75%, respectively. There is no information available regarding positive or negative factors that could influence the stock's recent movement.<BR><BR>In the broader market context, Spright Agro's short-term performance over the past week shows a gain of 9.40%, which is notably higher than the Sensex's increase of 2.05%. However, the stock's year-to-date and one-year returns are starkly negative compared to the Sensex's positive returns of 5.44% and 7.72%, respectively. This contrast highlights the stock's struggles in the current market environment, despite its recent short-term gains.

What is the technical trend for Spright Agro?

As of June 2, 2025, Spright Agro's technical trend is mildly bearish, influenced by bearish moving averages and Bollinger Bands, although there are some supportive bullish signals from the KST.

As of 2 June 2025, the technical trend for Spright Agro has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish. The weekly Bollinger Bands and moving averages are both bearish, suggesting downward pressure. The KST shows a mildly bullish trend on the weekly and bullish on the monthly, providing some support. Overall, the current technical stance is mildly bearish, driven primarily by the bearish moving averages and Bollinger Bands, despite some bullish signals from the KST.

Who are the top shareholders of the Spright Agro?

The top shareholders of Spright Agro are primarily individual investors, holding 80.36% of the shares, with Sharmishthaben Nagjibhai Chauhan as the largest public shareholder at 4.89%. There are no institutional investors or pledged promoter holdings.

The top shareholders of Spright Agro primarily consist of individual investors, who hold a significant 80.36% of the company's shares. The highest public shareholder is Sharmishthaben Nagjibhai Chauhan, with a holding of 4.89%. There are no institutional investors or mutual funds involved in the company's shareholding, and there are no pledged promoter holdings. Overall, the majority of the shares are held by non-institutional entities.

What is the bonus history of the Spright Agro?

Spright Agro has a recent history of issuing 1:1 bonuses, with the latest set to take effect on November 29, 2024, following a previous 1:1 bonus on March 18, 2024.

Spright Agro has a recent history of bonus issues. The latest bonus announced is a 1:1 bonus issue, which is set to take effect on November 29, 2024. Prior to that, there was another 1:1 bonus issue with the same ex-date of March 18, 2024. This indicates that the company has consistently issued bonuses at a ratio of 1:1 in its recent history.

Has Spright Agro declared dividend?

No Dividend History Available