Shining Tools Limited - machinery and equipment in Pipaliya, Gujarat, India. FY 2026 financials & compliance.
CIN L29220GJ2013PLC074803 Incorporated 01 May 2013 ROC Ahmedabad HQ Pipaliya, Gujarat, India
Active Listed - BSE: 544607 Public Limited Company machinery and equipment MSME · Small
Data last updated
Market Cap
₹128 Cr
SHTL · BSE
Share Price
₹225.00
-0.90% today
Revenue
₹18.29 Cr
FY 2025-26 · +24.2% YoY
EBITDA
₹6.75 Cr
Margin 36.9%
Net Profit
₹3.88 Cr
FY 2025-26 · +115.6% YoY
P/E (TTM)
32.5x
P/B 4.9x
ROE
23.0%
ROCE 22.6%
Debt / Equity
0.43
Interest cover 18.1x

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 L29220GJ2013PLC074803
Registration Number 074803
Incorporation Date 01 May 2013
ROC Ahmedabad
Listing Status Listed - Listed on BSE (544607)
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-20-0001828

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.

CINStatus
L29220GJ2013PLC074803Current
U29220GJ2013PLC074803Previous

Recognitions & Rankings of Shining Tools

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-20-0001828

Contact details

Shining Tools Limited's registered office is in Pipaliya, Gujarat.

  • Social Media
  • Registered Address
    Survey No.63/2 Plot No. 2 Rajkot – Gondal Highway At:Pipaliya Tal:Gondal Dist: Rajkot, Gujarat, India – 360311
  • Industry
    Machinery and Equipment, Industrial Tools & Components
Comprehensive company report
Shining Tools Limited - one report that includes everything
  • 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
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Brands

Shining Tools operates one associated brand: Tixna Tools. Each brand links to its own profile.

BrandDescriptionWebsite
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 codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal 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 available

Shining Tools Limited reported revenue of ₹18.29 Cr (up 24.2% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹18.29 Cr
+24.2% YoY
EBITDA
₹6.75 Cr
+5.0% YoY
Profit After Tax
₹3.88 Cr
+115.6% YoY
Net Worth
₹25.86 Cr
+223.7% YoY
Total Assets
₹32.27 Cr
+96.5% YoY
Total Debt
₹6.30 Cr
-23.1% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Income statement
Revenue18.2914.7310.5310.3210.077.96
Revenue growth+24.2%+39.9%+2.0%+2.5%+26.5%-
EBITDA6.756.434.201.801.882.08
EBITDA margin+36.9%+43.7%+39.9%+17.4%+18.7%+26.1%
Profit before tax4.573.032.61(0.12)(0.24)0.09
Net profit3.881.801.94(0.10)(0.18)0.06
Net profit margin+21.2%+12.2%+18.4%-1.0%-1.8%+0.8%
EPS (₹)6.884.329.82(0.40)(0.98)0.30
Balance sheet
Total assets32.2716.4212.0411.4812.5713.66
Net worth25.867.994.502.022.102.41
Total debt6.308.197.549.4510.4611.25
Cash & bank0.280.050.340.200.220.11
Net working capital17.949.115.366.056.356.57
Cash flow
Cash from operations1.031.173.322.312.304.08
Cash from investing(12.05)(2.95)(1.40)(0.09)(0.40)(1.82)
Cash from financing11.251.49(1.78)(2.14)(1.89)(2.23)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 09 Nov 2026
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Revenue18.2914.7310.5310.3210.077.96
Revenue growth+24.2%+39.9%+2.0%+2.5%+26.5%-
Other income0.410.040.070.140.030.01
Total expenses11.548.306.338.528.195.88
Employee cost1.391.431.521.251.201.13
EBITDA6.756.434.201.801.882.08
EBITDA margin+36.9%+43.7%+39.9%+17.4%+18.7%+26.1%
Depreciation1.672.460.740.931.040.84
Interest0.920.980.921.131.111.16
Profit before tax4.573.032.61(0.12)(0.24)0.09
Tax0.691.230.67(0.03)(0.05)0.03
Net profit3.881.801.94(0.10)(0.18)0.06
Net profit margin+21.2%+12.2%+18.4%-1.0%-1.8%+0.8%
EPS (₹)6.884.329.82(0.40)(0.98)0.30
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Equity & liabilities
Share capital5.664.162.002.002.002.00
Reserves & surplus20.203.832.500.020.100.41
Shareholders' funds (net worth)25.867.994.502.022.102.41
Secured loans5.996.204.675.606.254.93
Unsecured loans0.311.992.873.854.216.32
Total debt6.308.197.549.4510.4611.25
Total liabilities32.2716.4212.0411.4812.5713.66
Assets
Gross block23.9315.4512.8011.4111.336.88
Net block13.606.786.605.276.116.88
Capital work in progress0.000.340.000.000.000.00
Investments0.000.000.000.000.000.15
Inventories5.743.802.993.533.904.65
Sundry debtors6.745.112.383.794.013.59
Cash & bank balances0.280.050.340.200.220.11
Loans & advances8.913.403.693.873.822.47
Total current assets21.6712.369.4011.3911.9510.82
Total current liabilities3.733.254.045.345.604.25
Net working capital17.949.115.366.056.356.57
Total assets32.2716.4212.0411.4812.5713.66
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Opening cash0.050.340.200.120.110.08
Net cash from operating activities1.031.173.322.312.304.08
Net cash from investing activities(12.05)(2.95)(1.40)(0.09)(0.40)(1.82)
Net cash from financing activities11.251.49(1.78)(2.14)(1.89)(2.23)
Net change in cash0.23(0.29)0.140.080.010.03
Closing cash0.280.050.340.200.220.11
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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 / equity0.431.262.614.844.824.67
Long-term debt / equity0.170.611.162.182.512.62
Interest cover18.1124.6926.59129.89132.1493.55
Efficiency & per share
Fixed asset turnover0.931.040.870.911.111.16
Inventory turnover3.834.343.232.782.361.71
Debtors turnover3.093.933.412.652.652.22
EPS (₹)6.884.329.82(0.40)(0.98)0.30
Dividend per share (₹)0.000.000.000.000.000.00
Book value per share (₹)45.7019.2122.4910.1110.5012.04

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.

Current Directors
NameDesignationAppointment DateTenureStatus
Akshar Jagdish PatelDirector12 Feb 20260 Years 8 MonthsCurrent
Vipulbhai Laljibhai GhoniaManaging Director01 May 201313 Years 6 MonthsCurrent
Kamalbhai Laljibhai GhoniaWhole-Time Director01 May 201313 Years 6 MonthsCurrent
Shaileshbhai Durlabhjibhai SagpariyaDirector11 Dec 20250 Years 10 MonthsCurrent
Jay Bharatbhai PansuriaDirector11 Dec 20250 Years 10 MonthsCurrent
Kiranben Vipulbhai GhoniaDirector21 Mar 20242 Years 7 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Shining Tools Limitedthis company₹18.29 Cr (FY 2026)₹3.88 Cr21.2%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

Open charges
₹15.71 Cr
Satisfied charges
₹18.56 Cr
Breakdown by lending institutions
Indian Bank₹9.08 Cr
Others₹5.91 Cr
Intec Capital Limited₹0.71 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Jun 2026101365030Others₹1.48 CrOpen
16 May 2026101314954Indian Bank₹8.66 CrOpen
29 Apr 2026101305203Indian Bank₹42.6 LakhOpen
25 Apr 2026101287211Others₹3.87 CrOpen
23 Apr 2018100194208Others₹56 LakhOpen

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.

Total deals
9
Market trades
4
Rights issues
2
Funding rounds
2
IPO
1
Disclosed funding
₹2.2 Cr

Deals on record (5 of 9)

WhenDealAmountParties
Sep 2026Market trade₹63.8 LakhBuyer: an individual
Dec 2025Market trade₹24.3 LakhBuyer: Bonanza Portfolio (Ifsc) Private Limited
Seller: Bonanza Portfolio (Ifsc) Private Limited
Nov 2025Market trade₹50.1 LakhBuyer: Soham Fincare India LLP
Seller: Soham Fincare India LLP , Rcspl Share Broking Private Limited
Nov 2025Market trade₹56.2 LakhBuyer: Lakshmishree Investment and Securities Limited
Nov 2025IPO₹17.1 CrInvestors: 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.

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)

SupplierAmount dueDue sinceReported 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.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AATCS2354K1ZXGujaratActive01 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.

Charges
A charge with Others amounted to Rs. 1.48 Cr with Charge ID 101365030 was registered on 30 Jun 2026.
Charges
A charge with Indian Bank of Rs. 8.66 Cr registered on 16 May 2026 with Charge ID 101314954 was modified on 19 Jun 2026.
Charges
A charge with Indian Bank amounted to Rs. 8.66 Cr with Charge ID 101314954 was registered on 16 May 2026.
Charges
A charge registered on 27 Mar 2024 via Charge ID 100911464 with Canara Bank was fully satisfied on 06 May 2026.
Charges
A charge with Indian Bank amounted to Rs. 0.43 Cr with Charge ID 101305203 was registered on 29 Apr 2026.
Charges
A charge with Others amounted to Rs. 3.87 Cr with Charge ID 101287211 was registered on 25 Apr 2026.
Filing
Shining Tools Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Appointed
Akshar Jagdish Patel was appointed as Director.
Ceased
Palak Pankaj Shah ceased to be Director.
Appointed
Jay Bharatbhai Pansuria was appointed as Director.
Appointed
Shaileshbhai Durlabhjibhai Sagpariya was appointed as Director.
AGM
Shining Tools Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.

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:

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.