SPGPrints

Boxmeer, Netherlands Founded: 1982 • Age: 44 yrs Listed Acquired By Investcorp Fortune MNC 500 · #480
Rotary and digital textile printing solutions are provided worldwide.
Request Access
Report Incorrect Data
Page last updated

About SPGPrints

SPGPrints is a publicly listed company based in Boxmeer (Netherlands) founded in 1982, and was acquired by Investcorp in July 2014. Rotary and digital textile printing solutions are provided worldwide. It operates on a Professional Services and Reseller / Distribution model in Industrial Goods & Manufacturing and Technology sectors. The company has 290 employees. Its chief executive, as recorded, is Dick Joustra. Its website spgprints.com draws about 11 thousand monthly visits. Its Indian entity Stovec Industries Limited reported revenue of ₹236 Cr. SPGPrints offers products and services including Rotary Screen Textile Printing, Digital Textile Printing, Label Printing Screens, and Printed Electronics Screens. Its focus areas include Industrial Goods, Printing Machinery, Textile Printing Solutions and Electronics.

Company details

SPGPrints is established as a pioneering company in textile printing, offering innovative solutions across various sectors. Comprehensive systems for rotary screen and digital textile printing are provided, alongside specialized applications in label printing, printed electronics, and healthcare. Equipment, consumables, and global services are delivered to ensure optimal performance for clients. Sustainability is integrated into operations, aiming for minimal environmental impact. With a presence in over 100 countries, a wide range of printing challenges are addressed through advanced technology and expertise.

SPGPrints is ranked #480 on the Fortune MNC 500 India (2026).

Recognitions & Rankings of SPGPrints

Fortune MNC 500 India 2026 edition
Rank#480
Total income
₹228 Cr
Profit
₹13 Cr
Last year #473
  • Headquarters Boxmeer, Netherlands
  • Employees 290
  • Stage Acquired
  • Sectors
    Industrial Goods & Manufacturing
    Technology
  • Phone
    •••• ••••
  • Website spgprints.com
  • Social LinkedIn X
  • Acquired by Investcorp (Jul 2014)
  • Legal Name Stovec Industries Limited
Operational Areas
Industrial Goods & Manufacturing → Textile & Yarn Production
Technology → Printed & Flexible Electronics
Key Metrics
  • Market Cap
    ₹279 Cr

    STOVACQ · BSE

  • Share Price
    ₹1,186.65

    -11.17% today

  • Revenue
    ₹195 Cr

    Dec 2018 · -8.4% YoY

  • EBITDA
    ₹40.69 Cr

    Margin 20.9%

  • Net Profit
    ₹28.12 Cr

    Dec 2018 · +3.5% YoY

  • P/E (TTM)
    13.1x

    P/B 2.6x

  • ROE
    21.8%

    ROCE 31.6%

  • Investors
    Investcorp
  • Employee Count
    290
  • Acquired by
    Investcorp

    (Jul 2014)

Products & Services of SPGPrints

SPGPrints offers a comprehensive portfolio of products and services, including Rotary Screen Textile Printing, Digital Textile Printing, Label Printing Screens, and Printed Electronics Screens.

Rotary Screen Textile Printing
Textile Printing

Solutions for rotary screen printing in textiles are provided.

Digital Textile Printing
Textile Printing

Digital printing solutions for textiles are developed and offered.

Label Printing Screens
Industrial Printing

Screens for label printing applications are manufactured and supplied.

Printed Electronics Screens
Industrial Printing

Screens for printed electronics production are designed and provided.

Funding Insights of SPGPrints

  • Total Rounds 1

All 1 funding rounds of SPGPrints with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2013Debt – Conventional––
–
Valuation history

1 investors in total: 1 institutional.

Investors in SPGPrints

SPGPrints has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Investcorp.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Investcorp
Private equity, real estate, and credit investments are managed globally.
investcorp.comNew York, United States
Premium access

Investor details for SPGPrints

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Stovec Industries Limited (SPGPrints)

Stovec Industries Limited is the primary company behind SPGPrints. The board of Stovec Industries Limited currently have 6 directors; the longest-serving is Shailesh Chandrakrishna Wani, appointed in 2013. 25 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Shailesh Chandrakrishna Wani
DIN 06474766
Managing Director01 Oct 201313 yrs 1 moStovec Industries Limited
Kiran Dhingra
DIN 00425602
Director01 Apr 20206 yrs 7 moStovec Industries Limited
Garrett Forde
DIN 09040078
Director26 Feb 20215 yrs 8 moStovec Industries Limited
Bhanubhai Ramjibhai Patel
DIN 00223115
Director05 May 20251 yr 6 moStovec Industries Limited
Abhay Rohit Jadeja
DIN 03319142
Director05 May 20251 yr 6 moStovec Industries Limited
Gaurav Amrutiya
DIN 09517139
CFO03 Dec 202511 moStovec Industries Limited

People of SPGPrints

3 people are tracked at SPGPrints (3 in leadership); the tracked headcount is 290.

NameRoleGroup
Dick Joustra
CEOLeadership
Garrett Forde
CEOLeadership
Jose Maria Alves Junior
Managing Director - LatamLeadership
Premium access

Complete people profiles for SPGPrints

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

IPO & Listings of SPGPrints

SPGPrints is a publicly listed company on the BSE with ticker symbol STOVACQ in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date29 Jun 2001
  • Listed onBSE: 504959
  • Listed entityStovec Industries Limited
  • Exchange sectorProducer manufacturing
  • ISININE755D01015
  • Share price₹1,490.00 (-0.67% on the day) · 2026-10-14
  • Market capitalisation₹313 Cr
  • Price to earnings56.8
  • EPS (diluted, trailing year)₹26.23
  • Dividend yield0.81%
  • Volume (last session)142

Financials of SPGPrints

Exchange-reported figures of Stovec Industries Limited, the listed company behind SPGPrints (BSE: STOVACQ).

Financial Highlights

Dec 2018 · Consolidated
Revenue
₹195 Cr
-8.4% YoY
EBITDA
₹40.69 Cr
-6.9% YoY
Profit After Tax
₹28.12 Cr
+3.5% YoY
Net Worth
-
Total Assets
-
Total Debt
-

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsDec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Income statement
Revenue19521319516210277.28
Revenue growth-8.4%+9.3%+20.0%+58.5%+32.4%-
EBITDA40.6943.7039.3435.3016.8513.23
EBITDA margin+20.9%+20.5%+20.2%+21.8%+16.5%+17.1%
Profit before tax49.4841.5537.8033.1817.2415.12
Net profit28.1227.1624.9721.7511.6210.61
Net profit margin+14.4%+12.8%+12.8%+13.4%+11.4%+13.7%
EPS (₹)160.93130.05113.1698.8952.4048.13
Balance sheet
Cash flow
MetricsDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income statement
Revenue198235207236233150194
Revenue growth-15.5%+13.2%-12.1%+1.1%+55.5%-22.7%-
EBITDA9.7520.6913.4426.1036.9316.5836.22
EBITDA margin+4.9%+8.8%+6.5%+11.1%+15.8%+11.0%+18.7%
Profit before tax9.1317.4311.4232.4439.0417.1837.23
Net profit7.1613.059.0619.1928.4213.5627.98
Net profit margin+3.6%+5.6%+4.4%+8.1%+12.2%+9.0%+14.4%
EPS (₹)33.0462.0743.28118.62141.9664.48133.80
Balance sheet
Cash flow
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue52.7746.6951.4240.8856.7549.0656.0257.39
Revenue growth (YoY)-7.0%-4.8%-8.2%-28.8%-7.3%---
Other income0.660.721.001.141.751.270.671.12
Total expenses48.8544.0350.8839.0353.1145.3352.6752.87
EBITDA3.922.660.541.853.643.733.354.52
EBITDA margin+7.4%+5.7%+1.1%+4.5%+6.4%+7.6%+6.0%+7.9%
Depreciation1.311.321.351.391.471.551.641.58
Interest0.000.000.020.000.000.000.020.06
Profit before tax3.272.060.171.603.923.452.364.00
Tax0.810.39(0.01)0.420.970.870.840.91

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 04 Nov 2026
ParticularsDec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Revenue19521319516210277.28
Revenue growth-8.4%+9.3%+20.0%+58.5%+32.4%-
Other income14.284.064.023.333.123.47
Total expenses15416915512785.4964.05
Employee cost20.9720.2216.9613.8811.738.72
EBITDA40.6943.7039.3435.3016.8513.23
EBITDA margin+20.9%+20.5%+20.2%+21.8%+16.5%+17.1%
Depreciation5.266.055.205.232.651.50
Interest0.230.160.360.220.080.08
Profit before tax49.4841.5537.8033.1817.2415.12
Tax15.8914.3912.8411.305.654.53
Net profit28.1227.1624.9721.7511.6210.61
Net profit margin+14.4%+12.8%+12.8%+13.4%+11.4%+13.7%
EPS (₹)160.93130.05113.1698.8952.4048.13
ParticularsDec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Growth
Sales growth-8.4%+9.3%+20.0%+58.5%+32.4%-
EBITDA growth-6.9%+11.1%+11.4%+109.5%+27.4%-
PBT growth+19.1%+9.9%+13.9%+92.5%+14.0%+9997.0%
Net income growth+3.5%+8.8%+14.8%+87.2%+9.5%-
Revenue CAGR (3Y)+6.3%+27.6%+36.1%---
EBITDA CAGR (3Y)+4.9%+37.4%+43.8%---
Profitability & leverage
Net income margin+17.2%+12.8%+12.8%+13.5%+11.3%+13.7%
Return on capital employed+31.6%+39.5%+45.8%+49.5%+30.6%+28.7%
Return on net worth+21.8%+26.3%+30.7%+33.4%+21.4%+21.0%
Debt / equity0.000.000.000.000.000.00
Long-term debt / equity0.000.000.000.000.000.00
Interest cover0.650.421.050.730.560.68
Efficiency & per share
Fixed asset turnover4.854.714.323.633.202.85
Inventory turnover6.696.136.176.196.667.10
Debtors turnover6.597.807.956.386.145.81
EPS (₹)160.93130.05113.1698.8952.4048.13
Dividend per share (₹)55.0036.0031.0029.0015.5015.00
Book value per share (₹)676.26560.12430.62348.47278.55241.44
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue52.7746.6951.4240.8856.7549.0656.0257.39
Revenue growth (YoY)-7.0%-4.8%-8.2%-28.8%-7.3%---
Other income0.660.721.001.141.751.270.671.12
Total expenses48.8544.0350.8839.0353.1145.3352.6752.87
EBITDA3.922.660.541.853.643.733.354.52
EBITDA margin+7.4%+5.7%+1.1%+4.5%+6.4%+7.6%+6.0%+7.9%
Depreciation1.311.321.351.391.471.551.641.58
Interest0.000.000.020.000.000.000.020.06
Profit before tax3.272.060.171.603.923.452.364.00
Tax0.810.39(0.01)0.420.970.870.840.91
ParticularsDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Revenue198235207236233150194
Revenue growth-15.5%+13.2%-12.1%+1.1%+55.5%-22.7%-
Other income5.163.414.4312.327.215.175.49
Total expenses188214194210196134158
Employee cost34.9229.9224.7425.5423.9320.2219.94
EBITDA9.7520.6913.4426.1036.9316.5836.22
EBITDA margin+4.9%+8.8%+6.5%+11.1%+15.8%+11.0%+18.7%
Depreciation5.766.586.365.985.104.534.41
Interest0.020.090.090.000.000.040.07
Profit before tax9.1317.4311.4232.4439.0417.1837.23
Tax2.264.482.387.689.413.709.27
Net profit7.1613.059.0619.1928.4213.5627.98
Net profit margin+3.6%+5.6%+4.4%+8.1%+12.2%+9.0%+14.4%
EPS (₹)33.0462.0743.28118.62141.9664.48133.80
ParticularsDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Growth
Sales growth-15.5%+13.2%-12.1%+1.1%+55.5%-22.7%-
EBITDA growth-52.9%+53.9%-48.5%-29.3%+122.7%-54.2%-
PBT growth-47.6%+52.6%-64.8%-16.9%+127.2%-53.9%-31.5%
Net income growth-45.1%+44.0%-52.8%-32.5%+109.6%-51.5%-
Revenue CAGR (3Y)-5.7%+0.2%+11.4%+6.7%+6.5%-10.6%+1.0%
EBITDA CAGR (3Y)-28.0%-17.6%-6.8%-10.4%-2.4%-26.4%+0.7%
Profitability & leverage
Net income margin+3.5%+5.5%+4.4%+10.5%+12.7%+9.0%+14.4%
Return on capital employed+7.1%+13.2%+7.3%+14.7%+26.0%+12.6%+28.6%
Return on net worth+5.4%+9.8%+5.8%+11.5%+20.0%+10.0%+21.8%
Debt / equity0.000.000.000.000.000.000.00
Long-term debt / equity0.000.000.000.000.000.000.00
Interest cover0.500.641.270.000.000.330.22
Efficiency & per share
Fixed asset turnover2.813.403.224.014.553.605.20
Inventory turnover4.184.663.574.866.624.676.73
Debtors turnover5.597.067.598.618.355.366.60
EPS (₹)33.0462.0743.28118.62141.9664.48133.80
Dividend per share (₹)12.00115.00174.0047.0057.0022.0060.00
Book value per share (₹)631.13598.48670.81831.98769.68648.73645.32

Timeline of SPGPrints

4 dated milestones of SPGPrints across 32 years, from founding to its latest funding, stage changes and deals.

  1. Founded SPGPrints is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Funding First funding round.
  4. Exit Acquired by Investcorp.

Web traffic of SPGPrints

The website of SPGPrints (spgprints.com) receives about 11.4K visits a month.

  • Monthly visits
    11.4K

    ▲ 40.5% vs previous month

Similar websites

Websites whose visitors overlap most with SPGPrints. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
IPAMA
printpackipama.com
100%
#4,383,048View details
dtexprints.com
dtexprints.com
84%
–
storkprints.com
storkprints.com
83%
–
Decorator Showroom
printtex.com
83%
View details
barkahtextile.com
barkahtextile.com
83%
–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
Premium access

All 19 similar websites and full traffic analytics for SPGPrints

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 19 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • ✓
    Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • ✓
    Full access to every database India & global coverage, advanced filters and rich profile details
  • ✓
    Always-on access from your team account Single premium plan for everything you see on the portal

Related news about Spgprints

Stovec Industries standalone net profit declines 17.23% in the June 2026 quarter | Capital Market News - Business Standard
Business Standard • 2 months ago
Stovec Industries Gets Tax Demand Notice For 40.2 Million Rupees
Reuters • 7 months ago
Stovec Industries - Appoints Gaurav Amrutiya As CFO
Reuters • 11 months ago
Stovec Industries standalone net profit declines 85.78% in the September 2022 quarter
India Infoline • 1 year ago
Stovec Industries to hold board meeting
India Infoline • 1 year ago
Stovec Industries To Consider Special Dividend As An Interim Dividend
Reuters • 3 years ago
India's Stovec Industries March-Quarter Net Profit Falls
Reuters • 3 years ago
India's Stovec Industries Dec-Qtr Net Profit Falls
Reuters • 3 years ago
This small cap stock declares <span class='webrupee'>₹</span>47 per share dividend
Livemint • 3 years ago
Stovec Industries - Dec-Quarter Net Profit 59.2 Million Rupees
Reuters • 4 years ago
Premium access

Complete news archive for SPGPrints

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Frequently Asked Questions about SPGPrints

SPGPrints was founded in 1982 and raised its 1st funding round 31 years after it was founded.

SPGPrints is headquartered in Boxmeer, Netherlands. It is registered at Boxmeer, Noord-brabant, Netherlands.

Dick Joustra is the CEO of SPGPrints, as recorded in our data.

SPGPrints has 290 employees.

The primary company behind SPGPrints, Stovec Industries Limited, reported revenue of ₹236 Cr for FY 2022, up 1% year on year.

SPGPrints is established as a pioneering company in textile printing, offering innovative solutions across various sectors. Comprehensive systems for rotary screen and digital textile printing are provided, alongside specialized applications in label printing, printed electronics, and healthcare. Equipment, consumables, and global services are delivered to ensure optimal performance for clients. Sustainability is integrated into operations, aiming for minimal environmental impact. With a presence in over 100 countries, a wide range of printing challenges are addressed through advanced technology and expertise.

SPGPrints offers Rotary Screen Textile Printing, Digital Textile Printing, Label Printing Screens, and Printed Electronics Screens.

Yes, SPGPrints is publicly traded on BSE under the ticker symbol STOVACQ.

SPGPrints has 1 investor. Key investors include Investcorp.

SPGPrints operates through Stovec Industries Limited.

Yes. SPGPrints was acquired by Investcorp in July 2014.

The legal entities of SPGPrints currently have 7 directors, including Shailesh Chandrakrishna Wani, Sanjeev Singh Sengar, Kiran Dhingra and others.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available