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What is the PE ratio of Spinaroo Commercial Ltd?

Spinaroo Commercial Ltd has a price-to-earnings (PE) ratio of 73.7 in the Forest Materials sector.

What is the market capitalisation of Spinaroo Commercial Ltd?

Spinaroo Commercial Ltd has a market capitalisation of approximately ₹40 crore.

Spinaroo Commercial Ltd

SPINAROOCOMMERCIALLTD·NSE·Forest Materials

₹0.00▲ +0.00 (+0.00%)

⚠️Trading suspended. Not a live price.

Forest Materials · Paper & Paper Products

A steady, established business

52W₹27

₹84-47%

Open

—

High

—

Low

—

Prev Close

—

Volume

—

VWAP

—

Snapshot

Key fundamentals

Market Cap

₹40 Cr

P/E Ratio

73.70Expensive

P/B Ratio

2.36

EPS

₹2.88

Book Value

₹24.06

ROE

4.44%Weak

ROCE

18.60%Efficient

Dividend Yield

0.00%

Debt / Equity

0.39Moderate

Face Value

₹10.00

52W High

₹83.77

52W Low

₹26.60

Sector

Forest Materials

Industry

Paper & Paper Products

Fairly Valued

None moatHigh uncertainty

Fair value estimate

₹21

No recent traded price

BearFair valueBull

₹18₹21₹24

/100

Business quality — Watch the fundamentals

Growth 50Profitability 5Efficiency 53Valuation 40

Plain English

Our view

A steady, established business
Low debt relative to equity
Weak returns on equity (4%)

Strengths

Low debt relative to equity

Risks

Weak returns on equity (4%)
Expensive — trades at 74× earnings

How we got there

Fair value methods

Residual income

3% ROE fading to 14% over ~3 yrs, on ₹24 book

₹21

Relative P/E

Needs ≥3 peers with P/E

—

Graham floor

Conservative floor: √(22.5 × EPS × book value/share)

₹20

Analyst target

No analyst coverage

—

Blended fair value₹21

What the numbers say

Investment thesis

Bull case

Low debt relative to equity

Bear case

Weak returns on equity (4%)
Expensive — trades at 74× earnings

Free — see our deterministic Fair Value range, business quality score, and the full bull/bear case for this stock.

Snapshot

Key statistics

P/E

73.7Expensive

Below 15× is value territory; above 35× prices in strong growth

ROE

4.4%Weak

Above 15% is considered healthy for Indian equities

ROCE

18.6%Efficient

Above 18% means capital is working hard

Debt/Eq

0.39Moderate

Below 0.5 is comfortable; above 1.5 strains the balance sheet

Mkt Cap

₹40 Cr

P/B

2.36

EPS

₹2.88

Div Yield

—

What changed

Recent changes

No notable changes to report.

What matters

News impact

Overview

Valuation

Expensive

P/E 73.7×

Growth

Shrinking

-10% rev CAGR

Profitability

Modest

4.4% ROE

Financial health

Comfortable

D/E 0.39

Momentum

N/A

No technicals

Today

Trading activity

Delivery %—

Turnover—

Trades—

VWAP—

Face value₹10.00

Market depth

Market depth available during market hours

Snapshot

Technical signals

Compounded annual growth

Growth (CAGR)

Revenue

-9.6%

—

10Y

—

Profit

-18.7%

—

10Y

—

EPS

-56.4%

—

10Y

—

Profile

Cons

Though the company is reporting repeated profits, it is not paying out dividend
Company has a low return on equity of 12.7% over last 3 years.
Working capital days have increased from 68.2 days to 120 days

Forecast

News

Peers

Financials

Growth

Shareholding

Ownership

Ownership breakdown

Quarter ending 31 Mar 2026

Ownership was broadly stable versus the previous quarter. The QoQ column shows each group's change versus the prior quarter.

48%

Promoter

Promoters

47.7%0.00

Public

46.5%+0.29

FII / FPI

0.0%0.00

DII

0.0%0.00

Others

5.9%

Total shareholders

262-19 QoQ

Quarterly trend

Ownership over time

Q4 FY26

Promoter47.66%

Public46.45%

Others5.89%

Corporate Actions

Bulk & Block Deals

Filings

MF Holdings

Technicals

FAQs

Quick reference

Frequently asked questions

Incorporated in 2012, Spinaroo Commercial Ltd manufactures aluminium and paper products, and deals in machineries.[1]