SP
S P Apparels Ltd (SPAL)
₹951.25
Mkt cap
₹2,500 Cr
P/E ratio
23.80
P/B
2.53
Div yield
0.30%
ROE
11.20%
ROCE
14.00%
EPS (TTM)
₹39.97
Book value
₹376
52W range
600–1,222
Sector
Consumer Discretionary
Price history
Previous close
The company was established in 1989, it is a leading manufacturer and exporter of knitted garments for infants and children in India. These are manufactured at the integrated facilities that allow providing end-to-end garment manufacturing services from greige fabric to finished products. [1] , Mr. P. Sundararajan is the Chairman and Managing Director of our Company. [2] . The company provides end-to-end garment manufacturing from greige fabric to finished products including bodysuits, sleepsuits, tops, and bottoms. [3]
NSE SPALBSE 540048
Health check
Mixed
ValuationFair
ProfitabilityAverage
GrowthModerate
TechnicalsNeutral
52-week range
−22.15% from high₹951
₹600+58.54% from low₹1,222
Current
₹951.25
Prev close
₹937.00
Day
+1.52%
Price performance
1D
+1.52%
1W
+0.29%
1M
−10.50%
3M
−17.39%
6M
+32.64%
1Y
+34.01%
YTD
+34.03%
Financials
Revenue, profit & margin
P/E ratio
23.8×
SPAL is 11% below the sector median of 26.6×
SPAL23.8×
Sector median26.6×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 248 | 292 | 252 | 295 | 245 | 391 | 359 | 399 | 403 | 427 | 383 | 365 | 401 | |
| Expenses | 212 | 246 | 218 | 254 | 212 | 342 | 308 | 345 | 351 | 365 | 329 | 321 | 341 | |
| Operating Profit | 36 | 47 | 34 | 41 | 33 | 50 | 51 | 54 | 53 | 62 | 54 | 44 | 60 | |
| OPM % | 15% | 16% | 14% | 14% | 13% | 13% | 14% | 14% | 13% | 15% | 14% | 12% | 15% | |
| Other Income | 4 | 6 | 5 | 2 | 3 | 2 | 3 | 4 | 2 | 7 | 6 | 4 | 4 | |
| Interest | 6 | 4 | 5 | 3 | 5 | 11 | 8 | 10 | 12 | 10 | 10 | 9 | 15 | |
| Depreciation | 9 | 10 | 9 | 9 | 10 | 11 | 12 | 11 | 11 | 12 | 12 | 12 | 13 | |
| Profit before tax | 25 | 38 | 24 | 30 | 21 | 30 | 34 | 37 | 31 | 47 | 37 | 26 | 36 | |
| Tax % | 40% | 26% | 28% | 5% | 12% | 28% | 29% | 19% | 32% | 26% | 27% | 30% | 31% | |
| Net Profit | 15 | 29 | 18 | 28 | 18 | 22 | 24 | 30 | 21 | 35 | 27 | 19 | 25 | |
| EPS in Rs | 5.98 | 11.38 | 7.03 | 11.35 | 7.20 | 8.75 | 9.64 | 12.12 | 8.53 | 13.83 | 10.74 | 7.35 | 9.91 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move −9.18% · closed higher next day 0 of last 1
| Q1FY27 | |
|---|---|
| Broadcast | 11 Aug '26◦ |
| Earnings day | −9.18% |
| +1 day | −10.63% |
| +5 days | −14.30% |
| +15 days | −0.20% |
| +30 days | −8.89% |
| Filing | XBRL |
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Results analysis
Shareholding
as of Jun 202661.81%Promoter
Promoters61.81%
FIIs1.49%0.01
DIIs16.15%0.42
Public20.55%0.42
Ownership trend
Peers
7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Page Industries | ₹36,400.00 | 51.94 | 40,600 | 1.51% | 193 | −3.98% | 1,420 | +7.89% | 64.39% |
| Arvind Ltd | ₹552.60 | 34.27 | 15,033 | 0.81% | 58 | +25.89% | 2,501 | +24.65% | 14.72% |
| Pearl Global Ind | ₹1,146.10 | 33.79 | 10,588 | 0.63% | 99 | +50.93% | 1,528 | +24.46% | 19.93% |
| Gokaldas Exports | ₹727.75 | 51.80 | 5,333 | 0.00% | 44 | +6.82% | 1,154 | +20.69% | 7.65% |
| Lux Industries | ₹1,139.20 | 33.07 | 3,426 | 0.18% | 22 | −8.11% | 615 | +1.78% | 7.68% |
| Kewal Kir.Cloth. | ₹485.60 | 20.21 | 2,993 | 0.82% | 41 | +21.48% | 279 | +19.36% | 17.19% |
| S P Apparels | ₹994.30 | 23.79 | 2,500 | 0.30% | 25 | +16.40% | 401 | −0.58% | 14.04% |
| Median: 36 Co. | ₹172.06 | 26.61 | 452 | 0.00% | 7 | +16.40% | 116 | +9.87% | 13.64% |
Filings
Annual reports14
Concall transcripts82
TranscriptAug 2026PPTAug 2026RECAug 2026TranscriptMay 2026PPTMay 2026TranscriptFeb 2026PPTFeb 2026TranscriptNov 2025PPTNov 2025TranscriptAug 2025PPTAug 2025TranscriptJun 2025PPTJun 2025TranscriptFeb 2025PPTFeb 2025TranscriptNov 2024PPTNov 2024TranscriptAug 2024PPTAug 2024TranscriptMay 2024PPTMay 2024TranscriptFeb 2024PPTFeb 2024TranscriptNov 2023
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Newspaper Publication 29 Aug - We hereby disclose the Newspaper Publication of AGM Notice to be held on 29.08.2026Announcement Under Regulation 7(2) Of SEBI (PIT) Regulations,
2015 29 Aug - Managing Director P. Sundararajan sold 5,00,000 equity shares on August 29, 2026.Shareholders Meeting-AGM Notice 28 AugIntimation For Letter Sent To Members 28 Aug - 21st AGM on 21 Sept 2026 at 4:00 PM via VC/OAVM; annual report 2025-26 shared.Reg. 34 (1) Annual Report. 28 Aug - FY2025-26 annual report and AGM notice submitted on 28 August 2026.




