Shining Tools Limited is engaged in the designing and manufacturing of high-performance solid carbide cutting tools and provides reconditioning services for used tools. The company earns revenue primarily through customized and standardized carbide tools used in CNC machining, metal cutting, and engineering applications across industries like automotive, aerospace, medical, energy, and defense.

The Company is led by Promoter, i.e. MR. VIPULBHAI LALJIBHAI GHONIA MR. KAMALBHAI LALJIBHAI GHONIA, MRS. JAYABEN LALJIBHAI GHONIA, MRS. KIRANBEN VIPULBHAI GHONIA AND MRS. PRITIBEN KAMALBHAI GHONIA

The Revenues from operations for the Period ended on July 31, 2025 and Fiscals ended on Mar 31, 2025, 2024 and 2023 were â‚¹ 541.60 Lakhs, ₹ 1,476.90 Lakhs, â‚¹  1,060.42 Lakhs, and ₹  1,045.72 Lakhs, The EBITDA for the Period ended on July 31, 2025 and Fiscals ended on Mar 31, 2025, 2024 and 2023 were â‚¹ 252.89 Lakhs, ₹  622.78 Lakhs, â‚¹  414.84 Lakhs, and ₹ 188.59 Lakhs, The Profit after Tax for the Period ended on July 31, 2025 and Fiscals ended on Mar 31, 2025, 2024 and 2023 were were â‚¹ 146.72 Lakhs, ₹  293.01 Lakhs, â‚¹  157.53 Lakhs, and ₹  -7.93 Lakhs, respectively. This indicates a steady growth in financial performance.

The Company Key Performance Indicates the pre-issue EPS of â‚¹ 7.17 and post-issue EPS of ₹ 5.18 for FY25. The pre-issue P/E ratio is 15.90x, while the post-issue P/E ratio is 22.01x against the Industry P/E ratio is 37x. The company's ROE for FY25 is 49.59% and RoNW is 36.60%. The Annualised EPS is ₹ 7.78x and P/E is 14.66x. These metrics suggest that the IPO is fairly priced.

The Grey Market Premium (GMP) of Shining Tools showing listing gains of 0.00 %.Given the company's financial performance and the valuation of the IPO, we recommend Investors to Avoid to the Finbud Financial Services Limited IPO for Listing gain or Long Term Purposes.