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Shining Tools Ltd (544607)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544607 NSE: Engineering - Industrial Equipments | Small Cap | Shining Tools Share Price

₹93.10 0.48 (0.52%)

As on 03-Jul'26 16:59

Shining Tools Ltd (544607)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544607 NSE: Engineering - Industrial Equipments | Small Cap | Shining Tools Share Price

₹93.10 0.48 (0.52%)

As on 03-Jul'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹53 Cr.
Current Price
₹93.1
52-Week Low / High
₹38 / 104
TTM EPS
₹6.9
TTM Sales
₹18.3 Cr.
Book Value per Share
₹46.1
P/E Ratio
13.54
Higher than its 5-year historical median
Industry PE
57.8
Price to Book (P/B)
2.02
Higher than its 5-year historical median
Price to Sales (P/S)
2.88
Higher than its 5-year historical median
EV/EBITDA
8.58
Higher than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
50.51%
Outperforms industry median
Return on Capital Employed (ROCE)
37.69%
Outperforms industry median
Return on Assets (ROA)
17.07%
Operating Profit Margin
44%
Net Profit Margin
19.89%
Gross Profit Margin
37%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
39.89%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
56.52%
Net Profit Growth (1 Year)
-
85.44%
Asset Quality
Promoter Holding
70.68%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹20 Cr.
Equity
₹5.7 Cr.
Face Value
₹10
All Time Low / High
₹38.43 / 104.00

Shining Tools stock performance

Key Ratios
mw4me loader

Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Shining Tools Ltd a good quality company?
Shining Tools Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Shining Tools Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Shining Tools Ltd vs industry peers?
Shining Tools Ltd revenue CAGR is 13.52%, compared to the industry median CAGR of 12.49%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Shining Tools Ltd?
Promoters hold 70.68% of the Shining Tools Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Shining Tools Ltd over the last decade?
Over the last - year(s), the stock has delivered a CAGR of N/A% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Shining Tools Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 6.8%8.5%26.8%37.7%-
Value Creation
Index
-0.5-0.40.91.7-

Growth Parameters

Sales 10.110.310.514.718
Sales YoY Gr.-2.5%2%39.9%-
Adj EPS -0.5-0.43.97.16.9
YoY Gr.-NANA78.9%-
BVPS (₹) 5.35.1919.346.1
Adj Net
Profit
-0.2-0.21.62.94
Cash Flow from Ops. 2.32.34.41.2-
Debt/CF from Ops. 4.64.11.76.9-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NANA13.5%39.9%
Adj EPS NANANA78.9%
BVPSNANA54.2%114.1%
Share Price - - - -

Key Financial Parameters

Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-9.2-7.556.149.621.1
Op. Profit
Mgn %
18.617.639.344NAN
Net Profit
Mgn %
-1.9-1.51519.921.3
Debt to
Equity
54.72.11-
Working Cap
Days
04063512620
Cash Conv.
Cycle
0132731140

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25
Sales10.0710.3210.5314.73
Operating Expenses + 8.208.506.398.25
Manufacturing Costs2.933.972.233.19
Material Costs3.762.972.362.89
Employee Cost 0.991.031.231.36
Other Costs 0.520.520.570.82
Operating Profit 1.871.824.146.48
Operating Profit Margin (%) 18.6%17.6%39.3%44.0%
Other Income + 0.030.140.070.04
Exceptional Items 0000
Interest 1.111.130.921.07
Depreciation 1.040.931.181.37
Profit Before Tax -0.25-0.112.124.08
Tax -0.05-0.030.541.15
Profit After Tax -0.20-0.081.582.93
PAT Margin (%) -1.9%-0.8%15.0%19.9%
Adjusted EPS (₹)-0.5-0.23.97.1
Dividend Payout Ratio (%)0%0%0%0%

Valuation of Shining Tools - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 2.102.023.608.22
Share Capital 2224.16
Reserves 0.100.021.604.06
Debt +9.779.387.537.49
Long Term Debt5.734.853.574.09
Short Term Debt4.044.533.953.40
Minority Interest0000
Trade Payables3.073.672.021.33
Others Liabilities 3.131.621.732.41
Total Liabilities 18.0616.6914.8819.46

Fixed Assets

Net Fixed Assets +6.115.275.496.75
Gross Block11.3311.4112.8115.44
Accumulated Depreciation5.226.147.338.70
CWIP 0000.34
Investments 0000
Inventories3.903.532.993.80
Trade Receivables4.013.792.385.11
Cash Equivalents 0.220.200.340.05
Others Assets 3.833.903.683.40
Total Assets 18.0616.6914.8819.46

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 2.302.304.351.18
PBT -0.25-0.112.124.08
Adjustment 2.162.062.152.40
Changes in Working Capital 0.390.350.17-4.6
Tax Paid -00-0.08-0.69
Cash Flow From Investing Activity + -0.40-0.07-1.38-2.97
Capex -0.41-0.09-1.40-2.97
Net Investments 0000
Others 0.010.020.020
Cash Flow From Financing Activity + -1.89-2.14-2.831.49
Net Proceeds from Shares 0001.69
Net Proceeds from Borrowing -0.60-0.88-1.270.52
Interest Paid -1.11-1.13-0.91-0.85
Dividend Paid 0000
Others -0.19-0.14-0.640.13
Net Cash Flow 0.010.080.14-0.29

Financial Ratio

PARTICULARSMar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)-9.29-3.8456.0850.51
ROCE (%)6.838.5226.8337.69
Asset Turnover Ratio0.560.590.670.86
PAT to CFO Conversion(x)N/AN/A2.750.4
Working Capital Days
Receivable Days145.30137.90106.9092.80
Inventory Days141.50131.40112.9084.10
Payable Days297.50413.50439.70211.50

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Shining Tools Ltd FAQs

The current trading price of Shining Tools on 03-Jul-2026 16:59 is ₹93.10.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 02-Jul-2026 the market cap of Shining Tools stood at ₹52.68 Cr

The latest P/E ratio of Shining Tools as of 02-Jul-2026 is 13.54.

The latest P/B ratio of Shining Tools as of 02-Jul-2026 is 2.02.

The 52-week high of Shining Tools is ₹104.0 and the 52-week low is ₹38.43.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Shining Tools is ₹18.30 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Shining Tools Ltd is a below average quality company.

The key valuation ratios of Shining Tools Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Shining Tools Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Shining Tools Ltd

Shining Tools Limited was originally incorporated as a Public limited company in the name of ‘Shining Tools Limited’ on May 01, 2013. The company is engaged in the designing and manufacturing of high-performance solid carbide cutting tools catering to various industries in India. Additionally, it provides reconditioning services for used tools, ensuring their extended usability and performance. 

With focus on innovation and precision, it specializes in producing a wide range of high-performance cutting tools, including end mills, thread mills, drills, and reamers, offering innovative tooling solutions for modern manufacturing needs. These tools are widely used in commercial metal cutting operations across multiple industries. Its cutting tools are designed for use on CNC machines such as Horizontal Machining Centres (HMCs), Vertical Machining Centres (VMCs) and turn-mill centres. They operate at high speeds and feed rates, efficiently machining a variety of metals, including solid carbide, cast iron, forgings, steel, and aluminium. 

Apart from manufacturing standardized tools sets, the company also has capabilities to produce customized tools to its customers for their specific requirements. Additionally, the company also provides regrinding, re-sharpening, and coating services of the used tools. These processes improve the performance of the tool and also improve the life of these tools.

Business area of the company 

The company is engaged in the designing and manufacturing of high-performance solid carbide cutting tools catering to various industries in India. Additionally, it provides reconditioning services for used tools, ensuring their extended usability and performance.

Products and services of the company 

Solid Carbide Cutting Tools 

  • Endmill
  • Ballnose
  • Drills
  • Threadmills
  • Custom Tools
  • Tiny Tools
  • Reamers

Tools Reconditioning (Service)

Awards, accreditations and recognition 

  • 2024: INDIA 500 SME Award for Outstanding contribution in quality and excellence, in realm of customer satisfaction, impact on society through service & management to boost up all. The award given by INDIA 5000 (Organised and initiated by Benchmark Trust and TQV Private Limited). 

History and milestones

  • 2013: Incorporation of the company in the name of Shining Tools Limited and commenced the manufacturing of Solid Carbide Tools in Gujarat. 
  • 2013: The company has launched its products under the brand ‘TIXNA’.
  • 2018: The company has acquired land admeasuring 1603.27 square metres in Rajkot, Gujarat for its manufacturing facility.
  • 2019: The company had constructed the factory building of 1945.86 square metres.
  • 2020: Started production at the company owned new Manufacturing Facility.
  • 2022: Received certification for ISO 9001:2015 for Manufacturing and Supply of Solid Carbide Cutting Tools from TUV SUD South Asia Private Limited.

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About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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