Sprayking Limited reported an 83% decline in consolidated net profit to ₹190.36 lakh for the financial year ended March 31, 2026. The company's revenue from operations for the year stood at ₹13,163.52 lakh. The board of directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, at a meeting held on May 26, 2026.

The standalone financial results for FY26 show a net profit of ₹37.69 lakh, a significant decrease from ₹220.96 lakh in the previous year. Revenue from operations for the standalone entity was ₹5,349.48 lakh, down from ₹6,195.21 lakh in FY25. The company reported a basic earnings per share (EPS) of ₹0.02 for the year on a standalone basis.

Consolidated Performance

The consolidated results include the financials of subsidiary Narmadesh Brass Industries Limited. For the quarter ended March 31, 2026, the company reported a consolidated net loss of ₹242.65 lakh. Revenue from operations for the quarter was ₹4,472.32 lakh. The total comprehensive income for the year stood at ₹190.36 lakh.

The finance costs for the consolidated entity increased to ₹301.45 lakh in FY26 from ₹219.74 lakh in the previous year. Depreciation and amortisation expenses also rose to ₹324.46 lakh from ₹180.98 lakh.

Financial Position

The total consolidated assets as of March 31, 2026, were ₹11,927.63 lakh, comprising non-current assets of ₹3,065.73 lakh and current assets of ₹8,861.90 lakh. The company's equity share capital remained unchanged at ₹2,113.59 lakh. Non-controlling interest stood at ₹2,353.05 lakh.

The net cash generated from operating activities for the consolidated entity was negative at ₹1,782.06 lakh for the year. The company raised ₹3,835.61 lakh through the issue of security premiums during the year. Cash and cash equivalents at the end of the year were ₹10.41 lakh.

B.B. Gusani & Associates, Chartered Accountants, audited the standalone and consolidated financial results and issued an unmodified opinion. The report confirms that the financial results give a true and fair view of the company's financial position.

Sprayking Limited has submitted a regulatory disclosure to BSE Limited confirming its non-applicability under SEBI's Large Corporate disclosure framework for the upcoming financial year. The manufacturer and exporter of brass forged and turned components has clarified its regulatory status in compliance with stock exchange requirements.

Regulatory Disclosure Details

The company filed its initial disclosure on April 16, 2026, addressing the non-applicability of Chapter XII of SEBI Operational circular. The disclosure specifically references SEBI Circular SEBI/HO/DDHS/DDHS-RACPODI/P/CIR/2023/172 dated October 19, 2023, which outlines the framework for Large Corporate categorization.

Company Status Confirmation

Sprayking Limited, formerly known as Sprayking Agro Equipment Limited, confirmed that as of March 31, 2026, it does not meet the applicability criteria mentioned in Clause 3.2 of the relevant SEBI circular. This determination exempts the company from filing specific disclosures required under the Large Corporate framework for Financial Year 2026-27.

The disclosure was signed by Director Ronak Dudhagara, who holds DIN 05238631. The company operates from its facility at Plot No. 12/B, Survey No. 433, Shree Ganesh Industrial Hub, Jamnagar-Lalpur Road, Village Changa, Jamnagar, Gujarat.

Regulatory Compliance Framework

The disclosure references multiple SEBI circulars that form the regulatory framework for Large Corporate disclosures. The primary circular SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021, was subsequently updated on April 13, 2022, and later revised through SEBI Circular SEBI/HO/DDHS/DDHS-RACPODI/P/CIR/2023/172 dated October 19, 2023.

By confirming its non-applicability status, Sprayking Limited has fulfilled its regulatory obligation to disclose its position regarding the Large Corporate framework requirements. The company's proactive disclosure ensures transparency and compliance with stock exchange regulations under Regulation 30.