Spinaroo Comm.

  • Market Cap: Micro Cap
  • Industry: Paper, Forest & Jute Products
  • ISIN: INE10XX01012
  • NSEID:
  • BSEID: 544392
INR
56.78
0.00 (0.00%)
BSENSE

Jun 23, 03:30 PM

BSE+NSE Vol: 2000

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

2.0 k (-78.26%) Volume

Shareholding (Mar 2026)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

47.66%

Why is Spinaroo Commercial Ltd falling/rising?

23-Jun-2026

As of 22-Jun, Spinaroo Commercial Ltd's stock price is at 56.78, unchanged from the previous session but down 4.99% today, underperforming against a sector gain of 2.27%. Despite a strong year-to-date gain of 46.34%, recent declines and reduced investor interest suggest a bearish trend.

As of 22-Jun, Spinaroo Commercial Ltd's stock price is currently at 56.78, showing no change from the previous trading session. The stock has experienced a significant decline of 4.99% today, opening with a loss and touching an intraday low of the same price. This underperformance is notable as it has lagged behind the sector, which has gained by 2.27%. <BR><BR>Over the past week, the stock has fallen by 4.99%, and over the past month, it has decreased by 5.35%. In contrast, the benchmark Sensex has shown positive returns of 1.09% for the week and 2.23% for the month. Year-to-date, however, Spinaroo has performed well with a gain of 46.34%, while the Sensex has declined by 9.54%. <BR><BR>The stock's trading activity has also been erratic, not trading on three days out of the last twenty, and there has been a significant drop in investor participation, with delivery volume decreasing by 68.75% compared to the five-day average. Additionally, while the stock is trading above its 50-day and 100-day moving averages, it is below its 5-day, 20-day, and 200-day moving averages, indicating a potential bearish trend. <BR><BR>Overall, the combination of today's significant drop, poor recent performance relative to the sector, and declining investor interest are contributing factors to the stock's current downward movement.

View full answer

Which are the latest news on Spinaroo Comm.?

23-Jun-2026

What does Spinaroo Comm. do?

11-Jun-2026

Spinaroo Commercial Ltd operates in the Paper, Forest & Jute Products industry as a Micro Cap company, having transitioned from a private to a public entity in 2024. It currently reports no sales or profit, with a market cap of INR 44 Cr and a P/E ratio of 81.00.

Overview: <BR>Spinaroo Commercial Ltd operates in the Paper, Forest & Jute Products industry and is classified as a Micro Cap company.<BR><BR>History: <BR>Spinaroo Commercial Ltd was initially incorporated as a private company on August 17, 2012, in West Bengal. It later converted to a public limited company, changing its name to Spinaroo Commercial Limited, and received a new Certificate of Incorporation on August 22, 2024. There is no sales or profit data reported for the latest quarter.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: N/A <BR>Market-cap value: INR 44 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 81.00 <BR>Industry P/E: 13 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.37 <BR>Return on Equity: 3.22% <BR>Price-to-Book: 2.50 <BR><BR>Contact Details: <BR>Registrar Address: Not available. <BR>Phone: N/A <BR>Email: N/A <BR>Website: N/A

View full answer

How big is Spinaroo Comm.?

11-Jun-2026

As of 10th June, Spinaroo Commercial Ltd has a market capitalization of 44.00 Cr, classifying it as a Micro Cap company, with no available financial data for Net Sales or Net Profit in the latest four quarters. The balance sheet as of March 2026 shows Shareholder's Funds of 16.83 Cr and Total Assets of 27.73 Cr.

As of 10th June, <BR><BR>Market Cap: Spinaroo Commercial Ltd has a market capitalization of 44.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for Net Sales or Net Profit for the latest four quarters.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2026, with Shareholder's Funds amounting to 16.83 Cr and Total Assets valued at 27.73 Cr.

View full answer

Who are the peers of the Spinaroo Comm.?

11-Jun-2026

Spinaroo Comm.'s peers include Balkrishna Paper, Malu Paper, Three M Paper, Perfectpac, Pratik Panels, Mohit Paper Mill, Cella Space, Kay Power & Paper, Grameva, and Abril Paper. Grameva leads in 1-year returns at 53.90%, while Spinaroo Comm. has a return of 4.83%.

Peers: The peers of Spinaroo Comm. are Balkrishna Paper, Malu Paper, Three M Paper, Perfectpac, Pratik Panels, Mohit Paper Mill, Cella Space, Kay Power & Paper, Grameva, and Abril Paper.<BR><BR>Quality Snapshot: Excellent management risk is observed at Pratik Panels, while Average management risk is found at Perfectpac, Kay Power & Paper, and Grameva, and the rest have either Below Average or do not qualify. Good growth is seen at Pratik Panels and Grameva, Average growth at Perfectpac and Cella Space, while Below Average growth is noted at Spinaroo Comm., Three M Paper, Mohit Paper Mill, Kay Power & Paper, and the rest. For Capital Structure, Good is seen at Pratik Panels, Average at Perfectpac, Kay Power & Paper, and Grameva, while Below Average is noted at Spinaroo Comm., Three M Paper, Mohit Paper Mill, Cella Space, and the rest.<BR><BR>Return Snapshot: Grameva has the highest 1-year return at 53.90%, while Malu Paper has the lowest at -27.38%. Spinaroo Comm.'s 1-year return is 4.83%, which is higher than Malu Paper but lower than Grameva. Additionally, the peers with a negative six-month return include Balkrishna Paper, Malu Paper, Three M Paper, Perfectpac, Pratik Panels, Mohit Paper Mill, Kay Power & Paper.

View full answer

When is the next results date for Spinaroo Commercial Ltd?

04-May-2026

The next results date for Spinaroo Commercial Ltd is 06 May 2026.

The next results date for Spinaroo Commercial Ltd is scheduled for 06 May 2026.

View full answer

Is Spinaroo Comm. overvalued or undervalued?

14-Nov-2025

As of November 13, 2025, Spinaroo Comm. is overvalued with a PE ratio of 31.91 and an EV to EBITDA of 17.82, significantly higher than its peers, indicating excessive growth expectations despite a recent stock decline of 5.45%.

As of 13 November 2025, Spinaroo Comm. has moved from a fair to a very expensive valuation grade. The company is currently overvalued, with a PE ratio of 31.91, an EV to EBITDA ratio of 17.82, and a Price to Book Value of 2.74. In comparison to its peers, Hindalco Industries, which is rated very attractive, has a significantly lower PE ratio of 10.19 and an EV to EBITDA of 6.97. Another peer, National Aluminium, is rated fair with a PE ratio of 8.07 and an EV to EBITDA of 4.88, further highlighting Spinaroo's overvaluation.<BR><BR>The company's financial metrics, including a ROCE of 11.48% and ROE of 8.60%, suggest that while it is generating returns, the high valuation multiples indicate that the market may be pricing in excessive growth expectations. Recent stock performance shows a decline of 5.45% over the past week, contrasting with a 1.40% increase in the Sensex, which reinforces the notion that the stock may be overvalued relative to broader market trends.

View full answer

How has been the historical performance of Spinaroo Comm.?

13-Nov-2025

Spinaroo Comm. experienced a decline in net sales from 53.13 Cr in Mar'23 to 39.31 Cr in Mar'25, but improved cost management led to increased operating profit and profitability metrics, with profit after tax rising from 0.93 Cr to 1.44 Cr and EPS growing from 1.86 to 2.88. Overall, despite falling sales, the company demonstrated enhanced operational efficiency.

Answer:<BR>The historical performance of Spinaroo Comm. shows a decline in net sales over the past three years, with figures of 53.13 Cr in Mar'23, 40.84 Cr in Mar'24, and further decreasing to 39.31 Cr in Mar'25. Total operating income mirrored this trend, remaining consistent with net sales as it also fell from 53.13 Cr in Mar'23 to 39.31 Cr in Mar'25. The total expenditure, excluding depreciation, decreased from 50.93 Cr in Mar'23 to 36.38 Cr in Mar'25, indicating improved cost management. Operating profit (PBDIT) increased from 2.27 Cr in Mar'23 to 2.95 Cr in Mar'25, reflecting a rise in operating profit margin from 4.14% to 7.45%. Profit before tax also showed a positive trend, rising from 0.98 Cr in Mar'23 to 1.97 Cr in Mar'25, while profit after tax increased from 0.93 Cr to 1.44 Cr in the same period. The earnings per share (EPS) improved from 1.86 in Mar'23 to 2.88 in Mar'25, showcasing enhanced profitability per share.<BR><BR>Breakdown:<BR>Spinaroo Comm. experienced a notable decline in net sales from 53.13 Cr in Mar'23 to 39.31 Cr in Mar'25, with total operating income following suit. However, the company managed to reduce total expenditure significantly from 50.93 Cr to 36.38 Cr, which contributed to an increase in operating profit from 2.27 Cr to 2.95 Cr, enhancing the operating profit margin. Profit before tax rose from 0.98 Cr to 1.97 Cr, and profit after tax improved from 0.93 Cr to 1.44 Cr, indicating a positive trend in profitability. The earnings per share also grew from 1.86 to 2.88, reflecting better performance on a per-share basis. Overall, while sales figures declined, effective cost management and improved profitability metrics suggest a more efficient operational framework for Spinaroo Comm.

View full answer

Who are the top shareholders of the Spinaroo Comm.?

06-Jun-2025

The top shareholders of Spinaroo Comm. include Amit Sultania with 17.93%, P D Rungta and Others (HUF) at 6.67%, and individual investors collectively owning 24.0%. There are no mutual funds or foreign institutional investors holding shares in the company.

The top shareholders of Spinaroo Comm. include the promoters, with Amit Sultania holding the largest share at 17.93%. Additionally, the highest public shareholder is P D Rungta and Others (HUF), who hold 6.67%. Individual investors collectively own 24.0% of the company. Notably, there are no mutual funds or foreign institutional investors currently holding shares in Spinaroo Comm.

View full answer

Has Spinaroo Comm. declared dividend?

06-Jun-2025

No Dividend History Available

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Dashboard

Icon
Unrated Stock - No Analysis Available
stock-summaryMojo Parameters

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

stock-summary
Industry

Paper, Forest & Jute Products

stock-summary
Market cap

INR 40 Cr (Micro Cap)

stock-summary
P/E

74.00

stock-summary
Industry P/E

NA

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.38

stock-summary
Return on Equity

3.21%

stock-summary
Price to Book

2.36

Revenue and Profits:
Net Sales:
(Quarterly Results - )
Net Profit:
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-5.76%
0%
-5.76%
6 Months
46.34%
0%
46.34%
1 Year
-8.4%
0%
-8.4%
2 Years
0%
0%
0.0%
3 Years
0%
0%
0.0%
4 Years
0%
0%
0.0%
5 Years
0%
0%
0.0%

Spinaroo Comm. for the last several years.

Risk Adjusted Returns v/s stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions

Announcements stock-summary

Shareholder Meeting / Postal Ballot-Outcome of AGM

08-Jun-2026 | Source : BSE

Please find the Enclosed

Shareholder Meeting / Postal Ballot-Scrutinizers Report

08-Jun-2026 | Source : BSE

Please find enclosd.

Announcement under Regulation 30 (LODR)-Newspaper Publication

16-May-2026 | Source : BSE

Please find enclosed.

Corporate Actions stock-summary

stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

No Dividend history available

stock-summary
SPLITS

No Splits history available

stock-summary
BONUS

No Bonus history available

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors

Quality key factors stock-summary

Factor
Value
Sales Growth (5y)
-9.60%
EBIT Growth (5y)
-11.79%
EBIT to Interest (avg)
1.93
Debt to EBITDA (avg)
2.48
Net Debt to Equity (avg)
0.38
Sales to Capital Employed (avg)
2.12
Tax Ratio
29.33%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
14.74%
ROE (avg)
15.24%

Valuation key factors

Factor
Value
P/E Ratio
74
Industry P/E
0
Price to Book Value
2.36
EV to EBIT
39.71
EV to EBITDA
32.67
EV to Capital Employed
1.99
EV to Sales
1.17
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
5.00%
ROE (Latest)
3.21%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bullish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Mildly Bearish
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2026stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Non Institution

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Amit Sultania (17.93%)

Highest Public shareholder

P D Rungta And Others (huf) (6.67%)

Individual Investors Holdings

46.45%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "alert": "No Quarterly Results declared by Spinaroo Comm."
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Mar'26",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Mar 2026 is 2.74% vs 5.85% in Sep 2025",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Mar 2026 is -79.55% vs -46.34% in Sep 2025",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'26",
        "Sep'25",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "19.90",
          "val2": "19.37",
          "chgp": "2.74%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "0.52",
          "val2": "0.89",
          "chgp": "-41.57%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.26",
          "val2": "0.16",
          "chgp": "62.50%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "0.09",
          "val2": "0.44",
          "chgp": "-79.55%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "2.61%",
          "val2": "4.59%",
          "chgp": "-1.98%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "alert": "No Nine Monthly Results declared by Spinaroo Comm."
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2025 is -3.75% vs -23.13% in Mar 2024",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2025 is 2.86% vs 50.54% in Mar 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'25",
        "Mar'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "39.31",
          "val2": "40.84",
          "chgp": "-3.75%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "2.93",
          "val2": "2.65",
          "chgp": "10.57%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.70",
          "val2": "0.73",
          "chgp": "-4.11%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "1.44",
          "val2": "1.40",
          "chgp": "2.86%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "7.45%",
          "val2": "6.49%",
          "chgp": "0.96%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]

Half Yearly Results Snapshot (Standalone) - Mar'26stock-summary

Mar'26
Sep'25
Change(%)
Net Sales
19.90
19.37
2.74%
Operating Profit (PBDIT) excl Other Income
0.52
0.89
-41.57%
Interest
0.26
0.16
62.50%
Exceptional Items
0.00
0.00
Standalone Net Profit
0.09
0.44
-79.55%
Operating Profit Margin (Excl OI)
2.61%
4.59%
-1.98%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Mar 2026 is 2.74% vs 5.85% in Sep 2025

Direction Arrows
Standalone Net Profit

Growth in half year ended Mar 2026 is -79.55% vs -46.34% in Sep 2025

Annual Results Snapshot (Standalone) - Mar'25stock-summary

Mar'25
Mar'24
Change(%)
Net Sales
39.31
40.84
-3.75%
Operating Profit (PBDIT) excl Other Income
2.93
2.65
10.57%
Interest
0.70
0.73
-4.11%
Exceptional Items
0.00
0.00
Standalone Net Profit
1.44
1.40
2.86%
Operating Profit Margin (Excl OI)
7.45%
6.49%
0.96%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2025 is -3.75% vs -23.13% in Mar 2024

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2025 is 2.86% vs 50.54% in Mar 2024

stock-summaryCompany CV
About Spinaroo Commercial Ltd stock-summary
stock-summary
Spinaroo Commercial Ltd
Micro Cap
Paper, Forest & Jute Products
Spinaroo Commercial Limited was initially incorporated as a private Company as "Spinaroo Commercial Private Limited" on August 17, 2012 at West Bengal. Subsequently, Company got converted into a Public Limited, resulting a change of name to "Spinaroo Commercial Limited" and received a new Certificate of Incorporation dated August 22, 2024 from the Central Processing Centre. Company came up with IPO by issuing 19,94,000 Equity Shares of Rs 10 and raised funds of Rs 10.
Company Coordinates stock-summary
Icon
No Company Details Available