S.P. Apparels Limited
SPAL.NS
National Stock Exchange of India844.50
INR
+37.40
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S.P. Apparels Limited
SPAL.NS
(National Stock Exchange of India)
Recent
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844.50
P/E
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div
yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
- 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.