Manufactures rotary and digital printing machines, engravers, and consumables for textile and graphic industries from a base in Ahmedabad. The company is a subsidiary of Netherlands-based SPGPrints B.V., which holds 71.06% of the equity, and has been designated the lead entity for the SPGPrints Group's global textile business. Two segments report revenue: Textile Machinery and Consumables, which contributed 94.6% of Q4 FY26 segment revenue at ₹44.16 crore, supplies printing machines, engravers, and consumables to textile manufacturers and printers; Graphics Consumables, which contributed 5.4% at ₹2.53 crore, supplies consumables to the graphics and printing industry. For FY25, total revenue from operations was ₹1,981.11 million with exports making up 27.44% of turnover. The company employs 104 permanent staff and 175 workers, holds ISO 9001:2015 certification, and flagged higher material costs as a drag on Q4 FY26 margins. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Textile Machinery and Consumables (95%), Graphics Consumables (5%). Capital-goods manufacturing for the textile and graphics printing industries, with a consumables annuity on installed machines.
| ₹ crore · consolidated |
|---|
| Revenue |
| EBITDA (ex other income) |
| margin % |
| Owners' profit |
| EPS, as reported (₹) |
| ROE % · ROCE % |
| Debt / equity (x) |
| Cash from operations |
| Capex |
| ₹ crore | Q3 FY19 |
|---|---|
| Revenue | 0 |
| Profit before tax | 0 |
| Net profit | 0 |
| EPS (₹) | 0.00 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| ADITYA INFOTECH LIMITED | 45,150 | 93.8 | 24.06 | 77.9 | 19.6 | 24.5 | — | 14.8 |
| SYRMA SGS TECHNOLOGY LTD | 30,717 | 82.8 | 10.02 | 53.5 | 11.3 | 13.4 | — | 11.1 |
| HONEYWELL AUTOMATION IND | 30,536 | 55.7 | 6.84 | — | 11.8 | 15.5 | — | 18.2 |
| KAYNES TECHNOLOGY IND LTD | 23,496 | 67.9 | 4.93 | 33.3 | 7.6 | 9.8 | — | 17.1 |
| JYOTI CNC AUTOMATION LTD | 22,490 | 69.9 | 11.24 | 39.7 | 16.8 | 19.2 | — | 22.2 |
| LMW LIMITED | 19,058 | 109.1 | 6.65 | 61.8 | 4.6 | 5.9 | 13.2 | 11.9 |
| TEGA INDUSTRIES LIMITED | 12,982 | 455.9 | 3.81 | 38.8 | 4.2 | 5.4 | — | 4.2 |
| LLOYDS ENGG WORK LIMITED | 12,285 | 48.3 | 7.30 | 50.1 | 11.7 | 11.5 | — | 15.0 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 24 Aug 2026 · Non-Executive Director Mr. Garrett Forde resigns effective 24 Aug 2026 | management changes | medium | — | — |
| 10 Aug 2026 · Promoter group discloses shareholder agreement at Dutch parent level | ownership changes | medium | — | — |
| 10 Aug 2026 · Promoter encumbrance created on 71% of Stovec stake | ownership changes | high | — | — |
| 10 Aug 2026 · Promoter group creates encumbrance on 71.06 percent Stovec stake | ownership changes | medium | — | — |
| 7 Aug 2026 · Board meeting on Aug 12 to consider Q2 FY26 results | results | low | — | — |
| 17 Jul 2026 · Director Arnout Otma resigns from board effective July 17, 2026 | management changes | medium | — | — |
| 14 Jul 2026 · Routine compliance certificate filed for quarter ended June 30, 2026 | compliance | minimal | — | — |
| 30 Jun 2026 · Stovec Industries: GM Quality and Engineering Sandesh Kale resigns | management changes | medium | — | — |
| 26 Jun 2026 · Trading window closed from July 1 ahead of Q1 results | compliance | minimal | — | — |
| 8 May 2026 · Scrutinizer''s Report | compliance | minimal | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/B | 2.5 | 3.5 | 43 of 111 | 62% |
| ROCE | 33.9 | 11.3 | 7 of 144 | 96% |
| ROE | 23.4 | 9.5 | 9 of 117 | 93% |
| Debt / Equity | 0.0 | 0.2 | 4 of 117 | 78% |
| Market cap | 345 | 356 | 71 of 140 | 50% |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
