S.P. Apparels Ltd.

S.P. Apparels Ltd.

864.05
INR
-30.20
(-3.38%)
41.72EPS
27.18P/E
28.61BMarket Cap
Nov 18Next Earn
S.P. Apparels Ltd.
NSE:SPAL
(National Stock Exchange of India)

Recent

price

864.05

P/E

ratio

27.18

div

yld

- -

ROIC.AI

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
281.29
310.69
251.51
263.2
305.81
297.02
245.87
319.96
403.02
411.06
526.6
595.96
627.66
Revenue per Share
4.66
7.88
20.34
19
28.66
18.26
16.8
32.96
32.37
35.72
37.9
40.22
41.88
Basic EPS, GAAP
49.76
28.44
19.42
-0.46
32.15
32.19
31.33
10.47
84.73
31.56
17.7
83.15
- -
Free Cash Flow per Basic Share
- -
0.38
1.75
1.56
0.5
- -
- -
2.25
- -
3
- -
2
- -
Dividend per Share
69.53
59.65
142.05
157.82
188.33
203.65
217.33
248.23
262.18
304.33
341.27
376.36
- -
Book Value per Share
65.23
55.67
139.5
155.35
185.94
200.38
214.32
245.44
258.94
301.19
325.83
361.61
- -
Tangible Book Value per Share
17
17
25
25
26
26
26
26
25
25
25
25
25
Basic Weighted Avg Shares
4,726
5,328
6,330
6,624
7,830
7,631
6,317
8,221
10,274
10,315
13,214
14,956
15,763
Sales/Revenue/Turnover
10.39
12.57
13.6
13.72
14.93
8.05
11.9
13.58
11.6
12.4
11.16
12.62
11.19
Operating Margin (%)
200
201
193
224
216
299
323
346
362
378
433
479
498
Depreciation Expense
86
188
536
478
734
469
432
847
825
896
951
1,009
1,052
Net Income, GAAP
67.99
33.38
38.42
32.72
32.96
- -
27
26.22
25.51
23.81
22.82
28.41
28.01
Effective Tax Rate (%)
1.82
3.53
8.47
7.22
9.37
6.15
6.83
10.3
8.03
8.69
7.2
6.75
6.67
Profit Margin (%)
-950
-674
1,171
1,476
1,526
1,478
1,740
2,506
2,147
2,860
2,349
1,774
- -
Working Capital
728
918
398
337
263
616
547
674
395
311
592
627
- -
LT Debt
1,135
964
3,503
3,909
4,775
5,168
5,519
6,312
6,671
7,572
8,500
9,396
- -
Total Equity
- -
5.01
11.61
10.59
11.74
- -
7
10.23
9.97
10.39
10.38
10.39
- -
Return on Invested Capital (%)
- -
9.62
14.59
9.99
12.43
- -
6.98
11.47
10.33
10.7
10.24
9.12
- -
Return on Capital (%)
- -
12.21
22.27
12.67
16.66
9.32
7.98
14.16
12.58
12.47
11.74
11.2
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
3,563
- -
LT Borrowings
- -
493
- -
LT Finance Leases
- -
134
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
25
25
25
Market Capitalization
17,625
17,513
28,612

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
7,284
- -
Cash, Cash Equivalents & STI
- -
675
- -
Accounts Receivable, Net
- -
2,531
- -
Inventories
- -
3,103
- -
Total Current Liabilities
- -
5,510
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
3,563
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
36.87%
11.27%
10.55%
Free Cash Flow
-636.03%
179.84%
369.82%
Net Income, GAAP
29.8%
22.89%
6.14%
Sales/Revenue/Turnover
11.87%
19.36%
13.19%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2,453
3,913
3,593
3,992
13,214
2026
4,034
4,273
3,829
3,649
14,956
2027
4,011
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
7.19
8.73
9.86
12.11
37.9
2026
8.23
13.83
10.76
7.4
40.22
2027
9.89
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
2
2027
- -
- -
- -
- -
- -
Business
S.P. Apparels Limited is a leading Indian manufacturer and exporter specializing in knitted garments primarily for infants and children. The company offers a comprehensive range of products including infant wear, children’s wear, and related apparel categories, with manufacturing capabilities that span from greige fabric processing to finished garment production. Its integrated and technologically advanced facilities support end-to-end garment manufacturing services tailored to meet stringent international quality and compliance standards. Founded in 1986 and headquartered in Coimbatore, India, S.P. Apparels operates globally serving major markets in the US, UK, and other key export destinations. The company’s main product portfolio comprises knitted garments for infants and children, including casual wear, formal wear, and specialized apparel lines under various brands. It maintains long-standing relationships with several international customers and well-known brands, reinforcing its position in the infant and children’s apparel segment. In recent major developments, S.P. Apparels completed the strategic acquisition of Young Brand Apparel Private Limited in early 2024, a move aimed at diversifying its product offerings and strengthening its presence in the intimate wear segment. This acquisition enhances the company’s manufacturing capacity and market reach, particularly in the US and UK markets, and aligns with its strategic vision to broaden its export basket and business model. The deal included an acquisition of a land parcel to support future expansion, signaling the company’s commitment to operational growth and market penetration. Additionally, S.P. Apparels continues to invest in advanced textile technologies and sustainable manufacturing practices to maintain competitive advantage in the global apparel industry. S.P. Apparels Limited serves primarily the textile and apparel industry segments, targeting international retailers, brands, and wholesalers. The company operates through subsidiaries and maintains a robust supply chain to support its global export operations. Its corporate governance focuses on sustainability, innovation, and quality assurance, facilitating growth while adhering to environmental and social compliance norms. The company is publicly listed on the National Stock Exchange of India and Bombay Stock Exchange under the ticker SPAL.