Spinaroo Commercial Ltd Stock Price Today (NSE: SPINAROO)

Spinaroo Commercial Ltd

56.78+0.00 (+0.00%)
Market Closed

Fundamental Score

...

Spinaroo Commercial Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Spinaroo Commercial Ltd share price today is 56.78, up +0.00% on NSE/BSE as of 7 August 2026. Spinaroo Commercial Ltd (SPINAROO) is a Small-cap company in the Paper & Paper Products sector with a market capitalisation of 39.71 (Cr). The 52-week high for SPINAROO share price is 83.77 and the 52-week low is 26.60. At a P/E ratio of 73.54x, SPINAROO is currently trading above its industry average P/E of 17.50x. The company has a Return on Equity (ROE) of 4.44% and a debt-to-equity ratio of 0.39.

Spinaroo Commercial Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
56.78
Low
54.00
Volume
86.95652173913044
Change
-4.90%

Spinaroo Commercial Ltd share price chart: -4.90% return over the past month. 52-week high ₹83.77, 52-week low ₹26.60.

Spinaroo Commercial Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
56.7856.7856.7856.780.00 (Cr)
56.7856.7856.7856.780.00 (Cr)
56.7856.7856.7856.780.00 (Cr)
56.7856.7856.7856.780.00 (Cr)
54.0054.0054.0054.002.00K (Cr)
56.7856.7856.7856.780.00 (Cr)
56.7856.7856.7856.780.00 (Cr)
56.7856.7856.7856.780.00 (Cr)
56.7856.7856.7856.780.00 (Cr)
56.7856.7856.7856.780.00 (Cr)

Spinaroo Commercial Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
56.7856.7856.7856.78+0.00%
56.7856.7854.0054.00-4.90%
58.4759.7656.7856.78-2.89%
59.9959.9958.4758.47-2.53%
58.7058.9052.9758.47-0.39%
62.9071.0055.9655.96-11.03%
41.0062.9041.0062.90+53.41%
38.7539.9826.6039.00+0.65%
55.0055.9838.7938.80-29.45%
66.0266.0257.2957.50-12.91%
68.0072.4058.1969.49+2.19%
73.0083.7764.5570.00-4.11%

AI Research Briefing

Powered by Gemini · 2026-04-13

Micro-cap paper play with acquisition reversal and expensive valuation; avoid.

Research Confidence
5.0/10Moderate
MICRO-CAP DARK HORSEBreakdown: 1M -17.25%, 3M -26.11%, 6M -9.53%Expensive: P/E 31.92x vs Industry P/E 15.36x

WHAT'S HAPPENING NOW (last 2-4 weeks)

Spinaroo Commercial withdrew its preferential issue of 7,89,000 equity shares intended for acquiring Spino Poly Products Private Limited, even after board and shareholder approval. The company communicated this to the BSE on April 6, 2026. Promoters declared no encumbrance on shares for FY26. Share price

CORE STORY (THE REAL GAME)

Spinaroo is a micro-cap play on the Indian paper packaging upswing, but its small size and recent acquisition reversal raise questions about execution and capital allocation.

Why Now
  • India paper demand growing at 6-8%
  • Acquisition strategy in question after preferential issue withdrawal
  • Micro-cap volatility
Potential Catalysts
  • Successful integration of Spino Poly Products (if acquisition is revived)
  • Significant order wins in the packaging segment
  • Improved quarterly earnings
Key Risks
  • Micro/SME cap: liquidity risk
  • Preferential issue withdrawal: execution risk
  • Expensive valuation: P/E 31.92x vs Industry P/E 15.36x
Institutional Activity

Promoter holding steady at 47.66%.

Macro Context

Paper industry faces rising energy costs and potential export disruption due to geopolitical tensions.

Cash Flow Quality

No Free Cash Flow reported for the last 5 years

3–6 Month Outlook

Near-term uncertainty due to acquisition reversal. Long-term growth depends on successful execution in the packaging segment.

Primary Thesis Risk

Failed acquisition strategy kills the growth story.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

4.44%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

6.27%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

5.23%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Spinaroo Commercial Ltd Valuation Check

Poor

Price to Earnings (P/E)

73.54x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

17.50x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

47.66%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

-89.02%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

8.74%

Revenue growth vs same quarter last year

Revenue Growth (5-Year CAGR)

N/A

Compounded annual revenue growth over 5 years

EPS Growth (5-Year CAGR)

N/A

Earnings per share growth over 5 years

Net Profit Growth (5-Year CAGR)

N/A

Compounded annual net profit growth over 5 years

Balance Sheet Health

Good

Debt to Equity Ratio

0.39x

Total debt ÷ equity. Below 0.5 = financially healthy

Average

Interest Coverage Ratio

2.69x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-3.14 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Spinaroo Commercial Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of SPINAROO across key market metrics for learning purposes.

Positive Indicators

1 factors identified

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

6 factors identified

Below-Average Return on Equity (4.44%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (6.27%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Premium Valuation Risk (P/E: 73.54x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Profit Decline Concern (-89.02%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Negative Free Cash Flow (₹-3.14 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Spinaroo Commercial Ltd vs Paper & Paper Products Peers

Peer Comparison - Paper & Paper Products

Compare Spinaroo Commercial Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
17.1/100
57
₹39.71
73.5
Average
4.44%
Poor
6.27%
Poor
0.4
Excellent
0.00%
5.6/100
1418
₹15929.47
-2.64%
Poor
-4.48%
Poor
1.5
Average
-31.07%
Poor
0.18%
Jk Paper Ltd...
JKPAPER532162
52.1/100
391
₹6781.13
24.4
Average
5.08%
Poor
7.64%
Poor
0.5
Excellent
4.07%
Average
20.80%
Excellent
1.33%
58.8/100
529
₹3515.88
23.4
Average
4.24%
Poor
6.16%
Poor
0.1
Excellent
115.02%
Excellent
13.77%
Good
0.56%
16.1/100
244
₹2224.79
29.9
Average
25.25%
Excellent
0.7
Good
0.00%
39.1/100
243
₹1373.42
16.6
Average
4.10%
Poor
5.60%
Poor
0.0
Excellent
-4.95%
Poor
16.94%
Excellent
0.92%
49.7/100
61
₹1243.88
66.8
Average
0.96%
Poor
1.98%
Poor
0.1
Excellent
45.20%
Excellent
13.92%
Good
1.60%
47.2/100
151
₹994.08
4.0
Average
11.25%
Average
6.40%
Poor
0.7
Good
37.74%
Excellent
10.91%
Good
2.09%
56.8/100
95
₹796.64
8.5
Average
14.95%
Average
19.80%
Good
0.1
Excellent
13.59%
Good
13.08%
Good
0.71%
39.1/100
473
₹753.33
15.8
Average
6.01%
Poor
8.47%
Poor
1.0
Average
-3.56%
Poor
13.37%
Good
0.45%
49.9/100
78
₹668.44
15.9
Average
3.44%
Poor
5.19%
Poor
0.7
Good
64.54%
Excellent
22.04%
Excellent
3.92%

Spinaroo Commercial Ltd Quarterly Performance

Latest quarterly metrics for SPINAROO — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

8.74%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-89.02%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

N/A

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

N/A

Compounded annual net profit growth over 5 years

Spinaroo Commercial Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for SPINAROO — calculated from daily price history

0RSI 14
Oversold — RSI 0

Selling pressure is heavy — potential reversal zone.

SMA 50
57
▼ Price below SMA 50 — Short-term bearish
SMA 200
58
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
0K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Spinaroo Commercial Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Spinaroo Commercial Ltd (SPINAROO) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Spinaroo Commercial Ltd

About SPINAROO (Spinaroo Commercial Ltd)

Spinaroo Commercial Ltd is a prominent Indian manufacturer and supplier dedicated to the paper and paper products industry. Based in Howrah, India, SPINAROO specializes in the prod...uction and distribution of a diverse portfolio of essential items. These include high-quality paper cups designed for both hot and cold beverages, aluminum foils for home use and durable foil containers ideal for food packaging and storage solutions. Further strengthening its position in the market, SPINAROO also offers a range of crucial raw materials that are integral to the manufacturing of paper cups, ensuring a consistent supply chain for its clientele. Beyond its core product lines, SPINAROO extends its offerings to encompass specialized blanks utilized in the creation of paper cups and plates. The company also manufactures laminated lids designed to enhance product protection and presentation, alongside coated paper suitable for a variety of applications. With a commitment to meeting the dynamic needs of the paper product sector, SPINAROO strives to deliver innovative and dependable solutions tailored to its customers' specific requirements. Recognizing the importance of efficient production processes, SPINAROO also provides a comprehensive range of machinery vital for the paper cup manufacturing industry. This encompasses advanced paper cup making machines capable of high-speed production, flexo printing machines for creating customized designs, and automatic roll die cutting machines for precision shaping. Established in 2012, SPINAROO Commercial Ltd leverages its industry expertise and focus on quality to serve a wide spectrum of businesses in the Indian market.

Company Details

Symbol:SPINAROO
Industry:Paper & Paper Products
Sector:Paper & Paper Products

Key Leadership

Mr. Aditya Todi
MD & Director
Mr. Amit Sultania
CFO & Executive Director
Mr. Somsekhar Das
Head of Accounts

SPINAROO Share Price: Frequently Asked Questions

What is the current share price of Spinaroo Commercial Ltd?

Spinaroo Commercial Ltd (SPINAROO) trades at ₹56.78 on NSE and BSE. Market cap ₹39.71 (Cr). Educational data only.

What is the P/E ratio of Spinaroo Commercial Ltd?

Spinaroo Commercial Ltd has a P/E of 73.54x vs industry average 17.50x.

What is the Bull Run score for Spinaroo Commercial Ltd?

Spinaroo Commercial Ltd has a Bull Run score of 17.1/100 based on 25+ financial parameters.

Does Spinaroo Commercial Ltd pay dividends?

Spinaroo Commercial Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Spinaroo Commercial Ltd?

Spinaroo Commercial Ltd has ROE of 4.44%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Spinaroo Commercial Ltd?

Spinaroo Commercial Ltd has debt-to-equity of 0.39.

Is Spinaroo Commercial Ltd a good investment?

Bull Run gives Spinaroo Commercial Ltd a score of 17.1/100. This is not investment advice — consult a SEBI-registered advisor.