SP Apparels

SP Apparels

810.00
+40.30
(5.24%)
ann
Q1 Quarterly Results are out. Check out the updated financials1 day ago
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Market Cap
2,032.50 Cr
EPS
37.90
PE Ratio
20.37
Dividend Yield
0.00 %
Industry
Textiles
52 Week High
1,120.00
52 Week Low
628.00
PB Ratio
2.25
Debt to Equity
0.36
Add Ratio
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Investment Returns

In Long Term
In Short Term
1 Year
0.00%
2 Years
0.00%
3 Years
0.00%
4 Years
0.00%
5 Years
0.00%
Analyst Rating
- By Refinitiv from2 analysts
BUY
Analysts have suggested that investors can buy this stock
Buy
Buy+100.00 %
+100.00 %
Hold
Hold0.0 %
0.0 %
Sell
Sell0.0 %
0.0 %

Company News

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neutral
S.P. Apparels Limited, India's largest manufacturer and exporter of knitted garments for infants and children, reported strong revenue growth for Q1 FY26. Consolidated revenue increased 63.3% year-on-year to ₹4,050.7 crore, while EBITDA grew 52.8% to ₹545.6 crore. Profit after tax rose 14.5% to ₹206.6 crore. However, the company experienced margin compression with EBITDA margin declining to 13.5% from 14.4% in Q1 FY25, and PAT margin dropping to 5.1% from 7.3%. The garment exports segment drove growth with revenue up 35.8% to ₹3,729.4 crore, though its EBITDA margin fell to 14.6% from 15.6%. Export volumes increased to 18.6 million pieces from 15.8 million pieces in Q4 FY25, with net sales realization improving to ₹147.2 per piece. Capacity utilization reached 83%. The retail segment remained flat with minimal growth, while SPUK showed revenue growth of 26.3% but continued to report losses, though reduced from the previous year.
positive
S.P. Apparels Limited reported consolidated revenue of Rs. 4,050.7 million for Q1 FY26, representing 63.3% year-over-year growth compared to Rs. 2,480.3 million in Q1 FY25. Consolidated EBITDA increased 52.8% to Rs. 545.6 million from Rs. 357.1 million, while profit after tax grew 14.5% to Rs. 206.6 million from Rs. 180.5 million. Earnings per share improved to Rs. 8.2 from Rs. 7.2. On standalone basis, adjusted total revenue grew 34.5% to Rs. 2,877.0 million with adjusted EBITDA rising 20.7% to Rs. 436.6 million. The garment division including Young Brand Apparel generated revenue of Rs. 3,729.4 million with EBITDA of Rs. 542.7 million at 14.6% margin. Export sales quantity increased to 18.6 million pieces from 13.8 million pieces. The board proposed a final dividend of Rs. 2 per equity share for the year ended March 31, 2025.
Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
44,575.00
#1 49,718.39
63.48
4,996.50
8.58
#1 729
21.55
33.15
293.30
7,683.03
20.45
#1 8,394.00
7.91
367
25.17
14.11
1,081.60
6,589.50
68.51
6,360.00
-4.93
38
14.66
33.50
1,330.40
6,112.56
22.93
4,539.80
#1 30.89
231
5.98
34.97
729.00
5,328.82
30.29
3,864.24
7.20
166
#1 52.57
26.95
1,325.50
3,986.00
25.01
2,570.25
-2.31
168
-30.24
26.52
179.85
3,588.01
25.94
982.80
5.01
129
-27.72
24.55
505.70
3,116.39
#1 20.21
1,002.77
12.22
156
26.98
33.35
249.50
2,086.77
25.93
729.50
17.60
75
28.95
31.21
366.50
2,078.65
21.40
1,715.80
8.82
92
36.25
41.82
Forecast
Actual
Growth Rate
Revenue Growth
27.51 %
Net Income Growth
6.14 %
Cash Flow Change
-43.91 %
ROE
-5.49 %
ROCE
0.24 %
EBITDA Margin (Avg.)
-9.89 %

Quarterly Financial Results

Quarterly Financials
Jun 2015
Sept 2015
Dec 2015
Mar 2016
Jun 2016
Sept 2016
Dec 2016
Mar 2017
Jun 2017
Sept 2017
Dec 2017
Mar 2018
Jun 2018
Sept 2018
Dec 2018
Mar 2019
Jun 2019
Sept 2019
Dec 2019
Mar 2020
Jun 2020
Sept 2020
Dec 2020
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Revenue
116
116
126
152
164
173
154
163
161
171
163
184
191
191
224
223
226
256
182
170
62
190
210
192
133
223
254
259
253
315
259
277
252
298
257
297
248
394
362
403
405
Expenses
104
106
107
148
135
142
120
133
132
143
133
149
162
158
183
189
203
219
163
151
55
156
171
167
105
182
212
209
203
268
229
235
212
246
218
254
212
342
308
345
351
EBITDA
12
10
19
4
30
31
34
30
29
28
30
35
29
33
41
34
23
37
19
19
7
35
39
25
28
41
42
49
50
47
30
42
40
52
39
42
36
52
54
59
55
Operating Profit %
8 %
9 %
15 %
1 %
17 %
15 %
18 %
15 %
12 %
14 %
18 %
18 %
15 %
17 %
18 %
15 %
7 %
11 %
8 %
11 %
11 %
18 %
18 %
13 %
21 %
18 %
15 %
18 %
17 %
12 %
9 %
14 %
15 %
16 %
14 %
14 %
13 %
13 %
14 %
14 %
13 %
Depreciation
5
5
5
5
4
5
5
5
5
5
6
6
5
5
6
6
6
8
8
8
8
8
9
8
8
9
9
9
10
8
9
9
9
10
9
10
10
11
12
11
11
Interest
6
8
5
7
8
4
4
3
7
8
4
10
4
6
-2
-2
6
6
6
5
5
3
4
2
3
1
4
4
5
8
2
7
6
4
6
3
5
11
8
10
12
Profit Before Tax
10
6
19
-8
18
22
25
22
17
15
20
19
20
21
38
30
11
23
5
5
-6
23
27
15
17
31
30
37
36
31
19
25
25
38
25
30
21
30
34
38
32
Tax
3
2
7
-2
6
7
10
11
6
5
6
6
7
7
11
11
4
-12
3
2
0
4
7
5
5
8
6
11
10
8
6
5
10
10
7
1
3
9
10
7
10
Net Profit
7
5
13
-5
12
16
16
11
11
10
14
13
13
15
27
19
7
35
2
3
-6
19
20
11
12
23
25
25
26
23
13
21
15
29
18
29
18
22
24
30
21
EPS in ₹
3.93
2.39
7.43
-3.75
6.09
6.21
6.27
4.25
4.39
3.09
5.47
5.26
4.97
5.80
10.42
7.43
2.85
13.58
0.74
1.09
-2.27
7.31
7.65
4.11
4.50
9.05
9.59
9.83
10.04
8.92
5.21
8.18
5.97
11.39
7.02
11.34
7.19
8.73
9.86
12.11
8.20

Balance Sheet

Balance Sheet
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Total Assets
535
561
684
810
887
893
912
1,062
1,097
1,142
1,456
Fixed Assets
275
277
297
307
317
444
444
450
459
454
595
Current Assets
221
251
369
483
486
429
436
567
565
601
741
Capital Work in Progress
0
4
0
6
54
0
10
8
10
19
31
Investments
0
0
58
31
0
0
0
0
113
52
10
Other Assets
259
281
328
465
515
448
458
604
515
618
821
Total Liabilities
535
561
684
810
887
893
912
1,062
1,097
1,142
1,456
Current Liabilities
316
325
234
336
333
281
262
316
351
315
509
Non Current Liabilities
106
109
67
83
76
95
99
114
79
69
97
Total Equity
114
127
383
391
478
517
552
631
667
757
850
Reserve & Surplus
75
96
345
372
458
498
533
612
649
739
831
Share Capital
44
37
45
25
26
26
26
26
25
25
25

Cash Flow

Cash Flow
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Net Cash Flow
1
1
2
3
5
-1
17
21
8
19
-44
Investing Activities
-6
-28
-117
-15
-60
-39
-21
-29
-160
6
-170
Operating Activities
84
49
26
-1
82
83
81
27
216
79
44
Financing Activities
-77
-20
92
19
-17
-45
-42
24
-48
-67
83

Share Holding

% Holding
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Promoter
61.69 %
61.69 %
61.69 %
61.69 %
61.69 %
61.69 %
61.69 %
61.93 %
61.93 %
61.93 %
61.93 %
61.93 %
61.93 %
61.93 %
61.93 %
61.93 %
61.93 %
61.93 %
FIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
1.50 %
1.39 %
1.53 %
1.59 %
1.63 %
1.84 %
1.81 %
1.83 %
DIIs
14.73 %
14.74 %
15.30 %
15.01 %
15.05 %
16.34 %
16.76 %
17.61 %
17.49 %
17.59 %
18.46 %
19.07 %
18.87 %
19.24 %
19.56 %
19.84 %
19.68 %
19.92 %
Government
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Public / Retail
18.55 %
18.66 %
17.90 %
17.57 %
17.33 %
16.19 %
15.84 %
14.64 %
14.81 %
14.85 %
13.83 %
13.40 %
13.39 %
12.72 %
12.51 %
11.93 %
12.21 %
12.03 %
Others
5.04 %
4.92 %
5.11 %
5.73 %
5.93 %
5.78 %
5.72 %
5.82 %
5.77 %
5.63 %
4.27 %
4.21 %
4.28 %
4.52 %
4.37 %
4.47 %
4.37 %
4.28 %
No of Share Holders
12,090
15,056
15,433
15,314
18,350
19,665
26,841
20,734
18,392
17,770
17,203
16,376
15,677
15,367
16,105
16,823
16,811
16,858

Dividend History

Dividends per share (FY)
Dividend yield (FY) %
Dividends per share (FY)
Dividend yield (FY) %
Annual Cash Flows 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Dividend Per Share (₹) 0.00 0.5 0.5 0.00 0.00 2.25 0.00 3 0.00 0.00
Dividend Yield (%) 0.00 0.15 0.15 0.00 0.00 0.66 0.00 0.52 0.00 0.00

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
01 Sept 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
01 Sept 2025 740.55 768.35
25 Aug 2025 DIVIDEND Dividend
₹ 2.00 /share
25 Aug 2025 740.55 768.35
14 Aug 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
14 Aug 2025 739.60 780.75
27 May 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
27 May 2025 875.05 879.90
10 Feb 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
10 Feb 2025 920.90 833.20
11 Nov 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
11 Nov 2024 933.25 947.65
26 Sept 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
26 Sept 2024 888.95 939.55
22 Sept 2023 ANNUAL GENERAL MEETING Annual General Meeting
NA
22 Sept 2023 459.30 510.80
15 Sept 2023 DIVIDEND Dividend
₹ 3.00 /share
15 Sept 2023 459.30 544.85
07 Sept 2021 DIVIDEND Dividend
₹ 2.25 /share
03 Sept 2021 246.25 324.85

Announcements

Announcement under Regulation 30 (LODR)-Investor Presentation2 hours ago
Announcement under Regulation 30 (LODR)-Newspaper Publication2 days ago
Announcement under Regulation 30 (LODR)-Newspaper Publication3 days ago
Financial Results For The Quarter Ended June 30 20253 days ago
Board Meeting Outcome for Board Meeting Outcome Of The BM Held On August 14 20253 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation6 days ago
Board Meeting Intimation for Approval Of Unaudited Financial Results For The Quarter Ended June 30 2025.7 days ago
Announcement under Regulation 30 (LODR)-Newspaper Publication8 days ago
Intimation For A Letter Sent To Members9 days ago
Reg. 34 (1) Annual Report.9 days ago
Business Responsibility and Sustainability Reporting (BRSR)9 days ago
Shareholders Meeting - AGM - 01.09.20259 days ago
Announcement under Regulation 30 (LODR)-Newspaper Publication10 days ago
Clarification Sought From BSE Through Gmail10 days ago
Announcement under Regulation 30 (LODR)-Change in ManagementAug 06, 2025
The Board Has Fixed 25.08.2025 As The Record Date For The Purpose The Eligibility Of Shareholders To Vote By Electronic Means In The Virtual AGM And Remote Evoting And For DividendAug 06, 2025
Register Of Members And Share Transfer Books Of The Company Will Remain Closed From Tuesday 26.08.2025 To Monday 01.09.2025 (Both Day Inclusive) For Taking On Record Of The Members Of The Company For The Purpose Of 20Th Annual General Meeting.Aug 06, 2025
Corporate Action-Board approves DividendAug 06, 2025
Board Meeting Outcome for We Wish To Inform You That Recommended Of Final Dividend And Other Subjects As Approved By The Board Of Directors Of The Company At Their Meeting Held Today The 6Th August 2025.Aug 06, 2025
Board Meeting Intimation for We Wish To Inform You That A Meeting Of The Board Of Directors Of The Company Will Be Held On Wednesday August 6 2025 Inter-Alia To Consider And Recommendation Of Final Dividend If Any For The Financial Year 2024-25.Aug 01, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 12, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 08, 2025
Closure of Trading WindowJun 26, 2025
Closure of Trading WindowJun 26, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptJun 04, 2025
Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 30, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeMay 30, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 28, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationMay 28, 2025
Audited Financial Statement Of The Company For The Quarter And Year Ended March 31 2025 Approved At The Board Meeting Held On May 27 2025May 27, 2025
Board Meeting Outcome for Outcome Of The Board Meeting Held On 27Th May 2025May 27, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 26, 2025
Board Meeting Intimation for Board Meeting Intimation For Intimation Of Board Meeting Under Regulations 29(1)(A) Of SEBI (Listing Obligations &Disclosure Requirements) Regulations 2015May 20, 2025
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure AApr 28, 2025
Change In The Disclosure Filed Under Regulation 30 Of SEBI (LODR) Regulation 2015 Dt. March 28 2025.Apr 19, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 10, 2025
Shareholder Meeting / Postal Ballot-Outcome of Postal_BallotApr 10, 2025
Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportApr 10, 2025
Announcement under Regulation 30 (LODR)-CessationMar 28, 2025
Closure of Trading WindowMar 26, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementMar 12, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationMar 11, 2025
Shareholder Meeting / Postal Ballot-Notice of Postal BallotMar 10, 2025
Fixed Record Date For Remote E-Voting W.R.T Postal BallotMar 07, 2025
Approval For Issuance Of Postal Ballot Notice In The Board Meeting Dt. 07.03.2025.Mar 07, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementMar 07, 2025
Board Meeting Outcome for Outcome Of The Board Meeting Held On 07.03.2025Mar 07, 2025
Intimation Of Loan Agreement With M/S. S.P. Apparels International (Private) Limited A Wholly Owned Subsidiary (WOS) Of The Company.Feb 24, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptFeb 18, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeFeb 12, 2025

Technical Indicators

RSI(14)
Neutral
44.53
ATR(14)
Less Volatile
44.90
STOCH(9,6)
Neutral
40.02
STOCH RSI(14)
Neutral
69.88
MACD(12,26)
Bearish
-0.79
ADX(14)
Weak Trend
16.25
UO(9)
Bearish
43.85
ROC(12)
Downtrend And Accelerating
-7.56
WillR(14)
Neutral
-67.55