Sprayking Limited has fulfilled its quarterly regulatory obligations by submitting the mandatory certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The brass components manufacturer and exporter filed the compliance document with BSE Limited on April 09, 2026.

Regulatory Compliance Details

The certificate was originally issued on April 03, 2026, by MUFG Intime India Private Limited, formerly known as Link Intime India Pvt. Ltd., which serves as the company's registrar and share transfer agent. Director Ronak Dudhagara, bearing DIN 005238631, signed and submitted the compliance document to the stock exchange.

Certificate Confirmations

The registrar's certificate provides comprehensive confirmations regarding the handling of dematerialised securities during Q4FY26. MUFG Intime India confirmed that all securities received from depository participants for dematerialisation were properly processed and confirmed to depositories within the prescribed regulatory timelines.

Key confirmations included in the certificate:

• Securities received for dematerialisation were confirmed (accepted/rejected) to depositories
• Securities comprised in certificates have been listed on stock exchanges where earlier issued securities are listed
• Security certificates received were mutilated and cancelled after due verification
• Depository names were substituted in the register of members as registered owners

Company Background

Sprayking Limited, formerly known as Sprayking Agro Equipment Limited, operates as a manufacturer and exporter of brass forged and turned components. The company is incorporated under CIN L29219GJ2005PLC045508 and maintains its operations from Jamnagar, Gujarat.

Registrar Details

MUFG Intime India Private Limited, the company's registrar and share transfer agent, operates under CIN U67190MH1999PTC118368. The certificate was signed by Ashok Shetty, Sr. Vice President-Corporate Registry, confirming the company's compliance with dematerialisation procedures and regulatory requirements for the quarter ended March 31, 2026.

Sprayking Limited has released its unaudited financial results for the quarter and nine months ended December 31, 2025, showing mixed performance with revenue growth offset by profitability challenges. The agricultural equipment manufacturer's standalone results reflect both operational improvements and margin pressures during the reporting period.

Standalone Financial Performance

The company's standalone operations demonstrated revenue resilience in Q3 FY26, with total revenue from operations reaching ₹2,089.55 lakh compared to ₹1,952.70 lakh in the corresponding quarter of the previous year.

The nine-month performance showed revenue of ₹3,484.82 lakh with a net profit of ₹24.00 lakh, indicating overall positive performance despite the quarterly loss.

Cost Structure and Expenses

The company's cost management faced challenges during Q3 FY26, with total expenses increasing to ₹2,083.74 lakh from ₹1,927.31 lakh in Q3 FY25. Material costs remained the largest expense component at ₹1,826.29 lakh compared to ₹1,848.48 lakh in the previous year quarter.

Notably, finance costs increased significantly to ₹35.16 lakh from ₹1.48 lakh, while other expenses decreased substantially from ₹182.68 lakh to ₹85.61 lakh.

Consolidated Results

The consolidated financial results, which include subsidiary Narmadesh Brass Industries Limited, showed higher revenue but greater losses. Consolidated revenue from operations reached ₹4,248.22 lakh in Q3 FY26 compared to ₹3,557.11 lakh in Q3 FY25, representing a 19.4% increase.

Earnings Per Share and Capital Structure

The company maintained its paid-up equity share capital at ₹2,113.58 lakh with a face value of ₹1.00 per share. Basic earnings per share for Q3 FY26 stood at (₹0.01) on a non-annualized basis compared to ₹0.02 in Q3 FY25. On an annualized basis, the basic EPS was (₹0.03) versus ₹0.09 in the previous year quarter.

Regulatory Compliance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on February 14, 2026. The results have been prepared in accordance with Indian Accounting Standard (Ind AS) 34 - Interim Financial Reporting and have undergone limited review by statutory auditors B.B. Gusani & Associates.