1. India Stocks

  2. •

    Consumer Cyclical

  3. •

    Apparel - Manufacturers
SPL Industries Limited

SPL Industries Limited

SPLIL.BO
SPL Industries LimitedIN flagBombay Stock Exchange
31.46
INR
-0.42
- -
917.27MMarket Cap
SPL Industries Limited
SPLIL.BO
(Bombay Stock Exchange)

Recent

price

31.46

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
53.97
20.17
13.67
15.5
20.05
48.33
47.27
55.36
51.67
59.64
35.06
65.1
92.9
68.71
48.13
23.93
24.03
Revenue per Share
-24
-13.09
-7.7
0.94
0.18
3.04
0.5
1.86
9.37
10.78
4.67
7.27
8.22
4.05
3.38
2.43
2.44
Basic EPS, GAAP
5.62
3.75
1.76
0.9
-1.49
-3.63
2.93
3.83
4.49
9.4
10.04
0.47
0.11
1.48
4.61
-14.95
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-2.27
-15.36
-8.72
-7.73
-7.54
-4.3
-3.75
-1.85
7.56
18.39
23.11
30.42
38.69
42.78
10.01
9.98
10.02
Book Value per Share
14.93
25.44
17.74
18.67
18.86
21.85
22.36
24.28
33.66
44.45
49.13
56.37
64.64
68.68
72.13
74.35
74.64
Tangible Book Value per Share
29
29
29
29
29
29
29
29
29
29
29
29
29
29
29
29
29
Basic Weighted Avg Shares
1,569
585
396
450
581
1,402
1,371
1,605
1,498
1,729
1,017
1,888
2,694
1,992
1,394
695
695
Sales/Revenue/Turnover
-32.76
-64.29
1.59
7.66
0.23
6.21
-0.47
1.99
18.08
14.31
14.9
10.82
7.92
3.42
0.61
-16.43
-16.43
Operating Margin (%)
56
54
44
34
40
32
30
39
38
31
28
24
28
31
30
33
33
Depreciation Expense
-698
-380
-223
27
5
88
15
54
272
313
136
211
238
118
98
71
71
Net Income, GAAP
- -
- -
- -
10.01
0.42
0.07
- -
- -
- -
- -
24.47
26.42
25.65
26.96
24.4
- -
37.26
Effective Tax Rate (%)
-44.47
-64.89
-56.33
6.09
0.89
6.3
1.06
3.36
18.13
18.08
13.33
11.17
8.85
5.9
7.02
10.15
10.15
Profit Margin (%)
-109
-444
-45
21
61
124
97
120
401
718
899
893
562
620
938
827
827
Working Capital
25
12
- -
- -
- -
- -
30
18
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
434
738
514
542
547
636
649
705
976
1,289
1,425
1,635
1,875
1,992
2,089
2,160
2,160
Total Equity
- -
- -
- -
5.63
0.23
12.29
-0.8
4.28
32.71
- -
8.18
9.51
8.63
2.51
0.32
- -
- -
Return on Invested Capital (%)
- -
- -
- -
-12.96
-2.82
-172.17
56.21
1,019.88
258.39
- -
21.76
26.19
22.67
10.89
14.45
- -
29.56
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
83.11
22.52
27.16
23.79
9.95
12.79
24.35
24.35
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
29
- -
29
Market Capitalization
1,127
986
619

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
918
- -
1,001
Cash, Cash Equivalents & STI
790
- -
793
Accounts Receivable, Net
68
- -
163
Inventories
9
- -
11
Total Current Liabilities
99
- -
174
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.58%
8.79%
3.4%
Free Cash Flow
90.23%
183.81%
-424.97%
Net Income, GAAP
52.37%
-5.33%
-27.89%
Sales/Revenue/Turnover
0.47%
4.44%
-50.12%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
576
418
312
575
1,992
2025
425
395
267
307
1,394
2026
166
150
146
233
695

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.15
0.8
0.64
- -
4.05
2025
0.89
1.37
0.1
1.01
3.38
2026
0.31
-0.07
0.82
1.37
2.43

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
SPL Industries Limited (SPLIL.BO) designs, manufactures, and sells cotton knitted garments, made-ups, and fabrics primarily for export markets; offers a range of knitted fabrics including single jersey, jacquard, interlocks, flat backs, auto stripes fleece, double jersey jacquard, waffles, and various textures; and produces outerwear such as T-shirts, sweatshirts, and polo shirts. The company also provides processing services encompassing printing, dyeing, coloring, spinning, weaving, combing, knitting, and bleaching, while trading in garments. Incorporated in 1991 as Shivalik Prints Private Limited and renamed SPL Industries Limited in September 1994, it maintains headquarters and five factories in Faridabad, Haryana, India, spanning 500,000 square feet over 14 acres and employing approximately 4,000 people including contract labor. SPL Industries exports to the United States, Canada, Mexico, the United Kingdom, Germany, Spain, the Netherlands, the Middle East, and Japan, operating as one of India's largest vertically integrated knitwear plants with strong product development and design capabilities. In a recent strategic expansion, the company agreed in December 2025 to acquire 59 Kanal 10 Marla of land in Village Prithla, Tehsil Palwal, District Palwal, Haryana, from 22 third-party sellers via a transfer of rights from promoter group firm Elkay Overseas India, reimbursing Rs. 3,42,12,501 for prior advances to support business growth in the textile sector.