- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-20-0001828

About Shining Tools Limited
Data last updated:
Shining Tools Limited is a public limited company based in Pipaliya, Gujarat, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 01 May 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L29220GJ2013PLC074803. Its GSTIN is 24AATCS2354K1ZX (Gujarat). It is a listed company as per MCA records. Its shares are listed on BSE: 544607.
The company has an authorised share capital of ₹6.5 Cr and a paid-up capital of ₹5.66 Cr. It is led by directors including Vipulbhai Laljibhai Ghonia (Managing Director) and Kamalbhai Laljibhai Ghonia (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Survey No.63/2 Plot No. 2 Rajkot – Gondal Highway At:Pipaliya Tal:Gondal Dist: Rajkot, Gujarat, India – 360311.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹18.29 Cr, a growth of 24.2% compared to the previous year. For the same year it recorded a net profit of ₹3.88 Cr (net margin 21.2%) and EBITDA of ₹6.75 Cr (EBITDA margin 36.9%). The net worth stands at ₹25.86 Cr (up 223.7% YoY). Total assets are valued at ₹32.27 Cr (up 96.5% YoY).
The company has about 32 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Tixna Tools. As per MCA filings, the company has open charges of ₹15.71 Cr and satisfied charges of ₹18.56 Cr on record. Court records list 10 cases involving the company, including 10 filed by the company. The company has 9 deals on record (4 market trades, 2 rights issues, 2 funding rounds), with disclosed funding of ₹2.2 Cr; the latest was in September 2026. Its 4 peer companies in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products) are compared by revenue, 3 larger and 1 smaller; the largest is G R Industrial Engineering Products Private Limited with revenue of ₹10.65 Cr. The company has 3 MSME Form 1 returns on record between 2017 and 2019, listing 73 overdue payments to 15 micro and small suppliers.
Shining Tools Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0001828). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tixnatools.com.
Company details
CIN history
Shining Tools has one previous CIN (Corporate Identification Number): U29220GJ2013PLC074803. The current CIN is L29220GJ2013PLC074803, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L29220GJ2013PLC074803 | Current |
| U29220GJ2013PLC074803 | Previous |
Recognitions & Rankings of Shining Tools
Contact details
Shining Tools Limited's registered office is in Pipaliya, Gujarat.
- Social Media
- Registered AddressSurvey No.63/2 Plot No. 2 Rajkot – Gondal Highway At:Pipaliya Tal:Gondal Dist: Rajkot, Gujarat, India – 360311
- IndustryMachinery and Equipment, Industrial Tools & Components
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Shining Tools operates one associated brand: Tixna Tools. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of solid carbide cutting tools and provision of re-conditioning services. | tixnatools.com |
Business activity
The main business activity of Shining Tools is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Shining Tools Limited, buy the company report.
Financials of Shining Tools Limited
FY 2025-26 filings availableShining Tools Limited reported revenue of ₹18.29 Cr (up 24.2% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 18.29 | 14.73 | 10.53 | 10.32 | 10.07 | 7.96 |
| Revenue growth | +24.2% | +39.9% | +2.0% | +2.5% | +26.5% | - |
| EBITDA | 6.75 | 6.43 | 4.20 | 1.80 | 1.88 | 2.08 |
| EBITDA margin | +36.9% | +43.7% | +39.9% | +17.4% | +18.7% | +26.1% |
| Profit before tax | 4.57 | 3.03 | 2.61 | (0.12) | (0.24) | 0.09 |
| Net profit | 3.88 | 1.80 | 1.94 | (0.10) | (0.18) | 0.06 |
| Net profit margin | +21.2% | +12.2% | +18.4% | -1.0% | -1.8% | +0.8% |
| EPS (₹) | 6.88 | 4.32 | 9.82 | (0.40) | (0.98) | 0.30 |
| Balance sheet | ||||||
| Total assets | 32.27 | 16.42 | 12.04 | 11.48 | 12.57 | 13.66 |
| Net worth | 25.86 | 7.99 | 4.50 | 2.02 | 2.10 | 2.41 |
| Total debt | 6.30 | 8.19 | 7.54 | 9.45 | 10.46 | 11.25 |
| Cash & bank | 0.28 | 0.05 | 0.34 | 0.20 | 0.22 | 0.11 |
| Net working capital | 17.94 | 9.11 | 5.36 | 6.05 | 6.35 | 6.57 |
| Cash flow | ||||||
| Cash from operations | 1.03 | 1.17 | 3.32 | 2.31 | 2.30 | 4.08 |
| Cash from investing | (12.05) | (2.95) | (1.40) | (0.09) | (0.40) | (1.82) |
| Cash from financing | 11.25 | 1.49 | (1.78) | (2.14) | (1.89) | (2.23) |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue | 18.29 | 14.73 | 10.53 | 10.32 | 10.07 | 7.96 |
| Revenue growth | +24.2% | +39.9% | +2.0% | +2.5% | +26.5% | - |
| Other income | 0.41 | 0.04 | 0.07 | 0.14 | 0.03 | 0.01 |
| Total expenses | 11.54 | 8.30 | 6.33 | 8.52 | 8.19 | 5.88 |
| Employee cost | 1.39 | 1.43 | 1.52 | 1.25 | 1.20 | 1.13 |
| EBITDA | 6.75 | 6.43 | 4.20 | 1.80 | 1.88 | 2.08 |
| EBITDA margin | +36.9% | +43.7% | +39.9% | +17.4% | +18.7% | +26.1% |
| Depreciation | 1.67 | 2.46 | 0.74 | 0.93 | 1.04 | 0.84 |
| Interest | 0.92 | 0.98 | 0.92 | 1.13 | 1.11 | 1.16 |
| Profit before tax | 4.57 | 3.03 | 2.61 | (0.12) | (0.24) | 0.09 |
| Tax | 0.69 | 1.23 | 0.67 | (0.03) | (0.05) | 0.03 |
| Net profit | 3.88 | 1.80 | 1.94 | (0.10) | (0.18) | 0.06 |
| Net profit margin | +21.2% | +12.2% | +18.4% | -1.0% | -1.8% | +0.8% |
| EPS (₹) | 6.88 | 4.32 | 9.82 | (0.40) | (0.98) | 0.30 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | 5.66 | 4.16 | 2.00 | 2.00 | 2.00 | 2.00 |
| Reserves & surplus | 20.20 | 3.83 | 2.50 | 0.02 | 0.10 | 0.41 |
| Shareholders' funds (net worth) | 25.86 | 7.99 | 4.50 | 2.02 | 2.10 | 2.41 |
| Secured loans | 5.99 | 6.20 | 4.67 | 5.60 | 6.25 | 4.93 |
| Unsecured loans | 0.31 | 1.99 | 2.87 | 3.85 | 4.21 | 6.32 |
| Total debt | 6.30 | 8.19 | 7.54 | 9.45 | 10.46 | 11.25 |
| Total liabilities | 32.27 | 16.42 | 12.04 | 11.48 | 12.57 | 13.66 |
| Assets | ||||||
| Gross block | 23.93 | 15.45 | 12.80 | 11.41 | 11.33 | 6.88 |
| Net block | 13.60 | 6.78 | 6.60 | 5.27 | 6.11 | 6.88 |
| Capital work in progress | 0.00 | 0.34 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.15 |
| Inventories | 5.74 | 3.80 | 2.99 | 3.53 | 3.90 | 4.65 |
| Sundry debtors | 6.74 | 5.11 | 2.38 | 3.79 | 4.01 | 3.59 |
| Cash & bank balances | 0.28 | 0.05 | 0.34 | 0.20 | 0.22 | 0.11 |
| Loans & advances | 8.91 | 3.40 | 3.69 | 3.87 | 3.82 | 2.47 |
| Total current assets | 21.67 | 12.36 | 9.40 | 11.39 | 11.95 | 10.82 |
| Total current liabilities | 3.73 | 3.25 | 4.04 | 5.34 | 5.60 | 4.25 |
| Net working capital | 17.94 | 9.11 | 5.36 | 6.05 | 6.35 | 6.57 |
| Total assets | 32.27 | 16.42 | 12.04 | 11.48 | 12.57 | 13.66 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Opening cash | 0.05 | 0.34 | 0.20 | 0.12 | 0.11 | 0.08 |
| Net cash from operating activities | 1.03 | 1.17 | 3.32 | 2.31 | 2.30 | 4.08 |
| Net cash from investing activities | (12.05) | (2.95) | (1.40) | (0.09) | (0.40) | (1.82) |
| Net cash from financing activities | 11.25 | 1.49 | (1.78) | (2.14) | (1.89) | (2.23) |
| Net change in cash | 0.23 | (0.29) | 0.14 | 0.08 | 0.01 | 0.03 |
| Closing cash | 0.28 | 0.05 | 0.34 | 0.20 | 0.22 | 0.11 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | +24.2% | +39.9% | +2.0% | +2.5% | +26.5% | - |
| EBITDA growth | +5.0% | +53.1% | +133.3% | -4.3% | -9.6% | - |
| PBT growth | +50.8% | +16.1% | +9998.0% | +50.0% | - | +9997.0% |
| Net income growth | +115.6% | -7.2% | +2040.0% | +44.4% | -400.0% | - |
| Revenue CAGR (3Y) | +21.0% | +13.5% | +9.8% | - | - | - |
| EBITDA CAGR (3Y) | +55.4% | +50.7% | +26.4% | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | +21.2% | +12.2% | +18.4% | -0.9% | -1.9% | +0.8% |
| Return on capital employed | +22.6% | +28.2% | +30.1% | +8.5% | +6.6% | +9.2% |
| Return on net worth | +23.0% | +28.8% | +60.1% | -3.9% | -8.9% | +2.5% |
| Debt / equity | 0.43 | 1.26 | 2.61 | 4.84 | 4.82 | 4.67 |
| Long-term debt / equity | 0.17 | 0.61 | 1.16 | 2.18 | 2.51 | 2.62 |
| Interest cover | 18.11 | 24.69 | 26.59 | 129.89 | 132.14 | 93.55 |
| Efficiency & per share | ||||||
| Fixed asset turnover | 0.93 | 1.04 | 0.87 | 0.91 | 1.11 | 1.16 |
| Inventory turnover | 3.83 | 4.34 | 3.23 | 2.78 | 2.36 | 1.71 |
| Debtors turnover | 3.09 | 3.93 | 3.41 | 2.65 | 2.65 | 2.22 |
| EPS (₹) | 6.88 | 4.32 | 9.82 | (0.40) | (0.98) | 0.30 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 45.70 | 19.21 | 22.49 | 10.11 | 10.50 | 12.04 |
To see the full year-wise statements and ratios of Shining Tools Limited, buy the company report.
Board of directors of Shining Tools Limited
Shining Tools has 6 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akshar Jagdish Patel Also directs: Mansi Financial Services LLP, SK International Export Limited, Amarganga Polyplast Private Limited and 1 more | Director | 12 Feb 2026 | 0 Years 8 Months | Current |
| Vipulbhai Laljibhai Ghonia Also directs: Shinvi Tools Limited | Managing Director | 01 May 2013 | 13 Years 6 Months | Current |
| Kamalbhai Laljibhai Ghonia Also directs: Shinvi Tools Limited | Whole-Time Director | 01 May 2013 | 13 Years 6 Months | Current |
| Shaileshbhai Durlabhjibhai Sagpariya Also directs: Hi-Green Carbon Limited | Director | 11 Dec 2025 | 0 Years 10 Months | Current |
| Jay Bharatbhai Pansuria Also directs: Shinvi Tools Limited, Alday Healthcare India Limited | Director | 11 Dec 2025 | 0 Years 10 Months | Current |
| Kiranben Vipulbhai Ghonia Also directs: Shinvi Tools Limited | Director | 21 Mar 2024 | 2 Years 7 Months | Current |
Peer comparison
Shining Tools Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shining Tools Limitedthis company | ₹18.29 Cr (FY 2026) | ₹3.88 Cr | 21.2% | 24.2% | Pipaliya, Gujarat, India | |
| G R Industrial Engineering Products Private Limited | ₹10.65 Cr (FY 2025) | 34.0% | Coimbatore, Tamil Nadu, India | |||
| Strips India Technovations Private Limited | ₹10.63 Cr (FY 2024) | 44.0% | Faridabad, Haryana, India | |||
| Ketki Dies and Tools Private Limited | ₹10.62 Cr (FY 2024) | -30.0% | Pune, Maharashtra, India | |||
| Galaxy Chains Private Limited | ₹10.54 Cr (FY 2025) | -7.0% | Rajkot, Gujarat, India |
To see the full peer comparison of Shining Tools Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2026 | 101365030 | Others | ₹1.48 Cr | Open | |
| 16 May 2026 | 101314954 | Indian Bank | ₹8.66 Cr | Open | |
| 29 Apr 2026 | 101305203 | Indian Bank | ₹42.6 Lakh | Open | |
| 25 Apr 2026 | 101287211 | Others | ₹3.87 Cr | Open | |
| 23 Apr 2018 | 100194208 | Others | ₹56 Lakh | Open |
To see the full charge records of Shining Tools Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Shining Tools Limited has 9 deals on record (4 market trades, 2 rights issues, 2 funding rounds), with disclosed funding of ₹2.2 Cr; the latest was in September 2026.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2026 | Market trade | ₹63.8 Lakh | Buyer: an individual |
| Dec 2025 | Market trade | ₹24.3 Lakh | Buyer: Bonanza Portfolio (Ifsc) Private Limited Seller: Bonanza Portfolio (Ifsc) Private Limited |
| Nov 2025 | Market trade | ₹50.1 Lakh | Buyer: Soham Fincare India LLP Seller: Soham Fincare India LLP , Rcspl Share Broking Private Limited |
| Nov 2025 | Market trade | ₹56.2 Lakh | Buyer: Lakshmishree Investment and Securities Limited |
| Nov 2025 | IPO | ₹17.1 Cr | Investors: Public Market Investors |
To see the full deal history of Shining Tools Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shining Tools Limited has 10 court cases on record: 10 filed by Shining Tools. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 0 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Court case (EXE SM) | Filed by the company against an individual | Disposed |
| District court, RAJKOT, Gujarat | Court case (EXE SM) | Filed by the company against an individual | Disposed |
| District court, RAJKOT, Gujarat | Court case (EXE SM) | Filed by the company against individuals | Disposed |
| District court, RAJKOT, Gujarat | Court case (SMST R) | Filed by the company against an individual | Disposed |
| District court, RAJKOT, Gujarat | Court case (SMST R) | Filed by the company against an individual | Disposed |
To see the full case history of Shining Tools Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Shining Tools Limited has 3 MSME Form 1 returns on record between 2017 and 2019, listing 73 overdue payments to 15 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 15)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Speed Engineering Service | |||
| Pune Carbide | |||
| an individual supplier | |||
| Resolution Traders |
To see the full MSME payment records of Shining Tools Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Shining Tools has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AATCS2354K1ZX | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shining Tools Limited, buy the company report.
Recent activity
Shining Tools Limited has 17 board changes on record since 2013: 7 appointments and 10 cessations. The latest: Akshar Jagdish Patel was appointed as Director on 12 Feb 2026.
25 earlier events are in the company report.
Frequently asked questions
Shining Tools is an active public limited company based in Pipaliya, Gujarat, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 01 May 2013 (13+ years old) and is registered under CIN L29220GJ2013PLC074803. Listed on BSE: 544607.
Shining Tools reported revenue of ₹18.29 Cr for FY 2025-26 (up 24.2% YoY) based on standalone financials.
Shining Tools has 6 current directors:
- Vipulbhai Laljibhai Ghonia - Managing Director
- Kamalbhai Laljibhai Ghonia - Whole-Time Director
- Akshar Jagdish Patel - Director
- Shaileshbhai Durlabhjibhai Sagpariya - Director
- Jay Bharatbhai Pansuria - Director
- Kiranben Vipulbhai Ghonia - Director
The latest financial statements of Shining Tools on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shining Tools is 24AATCS2354K1ZX, registered in Gujarat.
The CIN (Corporate Identification Number) of Shining Tools is L29220GJ2013PLC074803. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Shining Tools is a listed company as per MCA records. Its shares are listed on BSE (code: 544607).
Shining Tools has 10 court cases on record: 10 filed by the company.
Shining Tools was incorporated on 01 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Shining Tools has 9 deals on record (4 market trades, 2 rights issues, 2 funding rounds), with disclosed funding of ₹2.2 Cr; the latest was in September 2026.
The peers of Shining Tools by revenue are G R Industrial Engineering Products Private Limited, Strips India Technovations Private Limited, Ketki Dies and Tools Private Limited, Galaxy Chains Private Limited, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products).
Akshar Jagdish Patel was appointed as Director on 12 Feb 2026. Palak Pankaj Shah ceased to be Director on 11 Feb 2026. Jay Bharatbhai Pansuria was appointed as Director on 11 Dec 2025. Shining Tools has 17 board changes on record in total.

