Flash Finance

S. P. Apparels LimitedSPALCorporate

Textiles - Products Latest results: Jun 2026 15 quarters of data
Consolidated Standalone
₹926.90
MCap ₹2,330 Cr · P/E 22.1
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AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹401 Cr
Sales · Jun 2026
-0.6% YoY
₹61 Cr
Operating Profit · Jun 2026
+15.9% YoY
15.3%
OPM % · Jun 2026
+16.8% YoY
₹25 Cr
Net Profit · Jun 2026
+20.4% YoY
—
EPS · Jun 2026

📝 S. P. Apparels Limited — results explained

Quarter ended June 2026 (Q1 FY27)

S. P. Apparels Limited reported revenue of ₹401 crore for the quarter ended June 2026 (Q1 FY27), down 0.6% from ₹403 crore in the same quarter last year, and up 9.9% sequentially over the March 2026 quarter.

Net profit rose 20.4% year-on-year to ₹25 crore, from ₹21 crore.

Operating profit stood at ₹61 crore — an operating margin (OPM) of 15.3%, compared with 13.1% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, S. P. Apparels Limited posted revenue of ₹1,579 crore, a growth of 13.0% over FY25, with a net profit of ₹101 crore (up 6.6% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹1,576 crore with a net profit of ₹106 crore.

Valuation snapshot

At the current price of ₹926.90, SPAL has a market capitalisation of ₹2,330 crore and a trailing P/E of about 22.1.

Within the Textiles - Products industry, it is the 14th-largest of the 58 companies we track by market value.

Shareholding pattern

As of Jun 2026, promoters held 61.81%, foreign institutional investors (FIIs) 1.49%, domestic institutional investors (DIIs) 16.15%, public shareholders 20.55% of S. P. Apparels Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹2,330 Cr
Current Price ?
₹926.9
P/E ?
22.07above ind
Industry P/E ?
21.80
P/B ?
2.46
P/S ?
1.48
P/FCF ?
22.62
Enterprise Value ?
₹2,749 Cr
EV/EBITDA ?
12.19
PEG ?
3.15
Earnings Yield ?
6.4%
Dividend Yield ?
0.22%
Profitability & Returns
Sales (TTM) ?
₹1,576 Cr
OPM ?
14.3%
Profit after tax (TTM) ?
₹106 Cr
EPS (TTM) ?
₹42.00
ROCE ?
14.0%
ROE ?
11.2%
ROA ?
6.6%
Growth
Sales — latest qtr ?
₹401 Cr
PAT — latest qtr ?
₹25 Cr
YoY qtr sales growth ?
-0.6%
YoY qtr profit growth ?
20.4%
Sales growth (3y) ?
13%
Sales growth (5y) ?
19%
Profit growth (3y) ?
7%
Profit growth (5y) ?
18%
Financial Health
Debt ?
₹419 Cr
Debt to Equity ?
0.44
Interest Coverage ?
4.1
Current Ratio ?
N/A
Ownership
Promoter holding ?
61.81%
Change in promoter holding ?
-0.12%
Pledged percentage ?
N/A
Market
Return 3 months ?
-6.6%
Return 6 months ?
21.2%

🗓️ Quarterly results (15 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best
Metric Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 YoY % QoQ %
Sales 251275248298257295245391362399403427383365401 -0.6% +9.9%
Operating Profit 224036493441335054545364574461 +15.9% +39.5%
Other Income 824652323417644 +287.6% -11.3%
Interest 276453511810121010915 +26.1% +65.1%
Depreciation 9991099101112111112121213 +17.2% +10.3%
Profit Before Tax 202525382530213034373147372636 +16.5% +37.9%
Net Profit 132115291828182225302135271925 +20.4% +30.9%
EPS 5.258.185.9811.397.0211.357.208.739.9012.128.5313.8310.747.35— — —
OPM % 8.9% 14.4% 14.5% 16.3% 13.2% 13.8% 13.5% 12.7% 14.8% 13.6% 13.1% 14.9% 14.8% 12.1% 15.3% +16.8% +26.4%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹1,398 Cr ₹1,579 Cr ₹1,576 Cr +13.0%
Operating Profit ₹191 Cr ₹217 Cr ₹226 Cr +13.9%
OPM % 13.64% 13.76% 14.31% +0.9%
NPM % 6.80% 6.42% 6.70% -5.6%
Other Income ₹13 Cr ₹18 Cr ₹20 Cr +39.6%
Depreciation ₹44 Cr ₹48 Cr ₹49 Cr +7.2%
Interest ₹33 Cr ₹41 Cr ₹44 Cr +23.2%
EBIT ₹146 Cr ₹170 Cr ₹176 Cr +15.9%
PBT ₹123 Cr ₹141 Cr ₹146 Cr +14.4%
Tax ₹16 Cr ₹32 Cr ₹33 Cr +107.5%
Net Profit ₹95 Cr ₹101 Cr ₹106 Cr +6.6%
EPS ₹37.95 ₹40.45 ₹31.92 +6.6%
Material Cost ₹320 Cr ₹500 Cr ₹500 Cr +56.2%
Employee Cost ₹185 Cr ₹310 Cr ₹305 Cr +67.3%
Extraordinary Items — ₹-3 Cr ₹-3 Cr —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 25252525 +0.0%
Reserves 649739831921 +10.8%
Borrowings 245203381419 +10.0%
Other Liabilities 179175219226 +3.2%
Total Liabilities 1,0971,1421,4561,591 +9.3%
Fixed Assets 459454595686 +15.3%
CWIP 1019314 -87.1%
Investments 113511058 +480.0%
Other Assets 515618821843 +2.7%
Total Assets 1,0971,1421,4561,591 +9.3%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 2167944209 +375.0%
Cash from Investing Activity -1606-170-189 -11.2%
Cash from Financing Activity -48-6782-1 -101.2%
Net Cash Flow 819-4418 +140.9%
Free Cash Flow 16425-37103 +378.4%
CFO/OP 167%71%42%117% +178.6%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 35556659 -10.6%
Inventory Days 223214234167 -28.6%
Days Payable 74808369 -16.9%
Cash Conversion Cycle 184190216156 -27.8%
Working Capital Days 26535027 -46.0%
ROCE % 15%13%14%14% +0.0%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 % Chg
Promoters 61.93%61.93%61.93%61.81%61.81% +0.0%
FIIs 1.83%1.49%1.83%1.48%1.49% +0.7%
DIIs 19.92%19.79%18.72%16.57%16.15% -2.5%
Public 16.32%16.80%17.52%20.13%20.55% +2.1%
No. of Shareholders 16,85817,09515,74317,08217,353 +1.6%

⚖️ Peer comparison

Industry: Textiles - Products · top 25 of 58 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 WELSPUNLIV Welspun Living ₹208.15 19,734 70.4 9,933 287 8.9% 2.9% -10.9% -66.9% 23.6% 82.7%
2 MANYAVAR Vedant Fashions ₹540.00 13,121 — — — — — 0.9% -3.2% — —
3 PGIL Pearl Global ₹1,337.00 12,351 19.9 5,325 304 9.7% 5.7% 11.5% 17.0% 24.5% 51.4%
4 GARFIBRES Garware Technical ₹800.60 7,818 40.0 1,528 198 18.5% 13.0% -0.8% -14.3% -1.6% -19.7%
5 V2RETAIL V2 Retail ₹209.18 7,627 42.9 3,432 179 14.8% 5.2% 62.8% 124.8% 57.7% 69.7%
6 ABFRL Aditya Birla ₹50.50 6,145 — 8,372 -641 8.0% -7.7% 11.2% -125.9% 10.6% -315.0%
7 GOKEX Gokaldas Exports ₹725.35 5,315 51.6 4,186 103 8.9% 2.5% 3.2% -36.8% 20.7% 6.8%
8 JINDWORLD Jindal Worldwide ₹51.24 5,137 61.0 2,300 85 5.4% 3.7% -0.2% -8.3% 2.7% 90.6%
9 SHOPERSTOP Shoppers Stop ₹384.35 4,236 — 5,284 -11 14.9% -0.2% 9.0% -427.5% 8.7% 115.5%
10 RAYMONDLSL Raymond Lifestyle ₹627.25 3,820 88.1 6,972 43 9.6% 0.6% 10.0% 20.1% 5.9% -14.0%
11 SBC SBC Exports ₹63.20 3,010 78.0 531 38 8.6% 7.2% 34.4% 75.0% 94.0% 0.0%
12 KKCL Kewal Kiran ₹486.20 2,996 20.2 1,258 161 19.9% 12.8% 21.0% 2.2% 19.4% 28.2%
13 JINDALPOLY Jindal Poly ₹667.70 2,924 — 2,152 -991 -28.5% -46.0% -52.4% -1066.6% -35.8% 193.6%
14 SPAL S. P. ₹936.65 2,355 22.4 1,576 106 14.3% 6.7% 13.0% 6.6% -0.6% 20.4%
15 KITEX Kitex Garments ₹117.34 2,341 55.9 516 42 3.9% 8.1% -39.8% -62.8% -38.5% -57.2%
16 CANTABIL Cantabil Retail ₹240.92 2,015 21.1 852 96 31.0% 11.2% 18.1% 27.2% 15.0% 26.1%
17 KARNIKA Karnika Industries ₹311.35 1,930 59.6 263 32 15.6% 12.3% 53.1% 78.6% 17.4% 15.2%
18 GOCOLORS Go Fashion ₹303.60 1,597 30.4 838 53 27.4% 6.4% -1.2% -36.7% 0.0% -25.9%
19 DOLLAR Dollar Industries ₹266.80 1,513 13.5 1,887 112 10.9% 5.9% 10.0% 16.6% 1.4% 20.4%
20 IRISDOREME Iris Clothings ₹63.72 1,213 74.1 191 16 15.3% 8.5% 30.5% 23.5% 50.4% 43.5%
21 UNITEDPOLY United Polyfab ₹50.88 1,168 45.8 679 25 7.3% 3.8% 12.7% 44.0% 12.1% 80.8%
22 MONTECARLO Monte Carlo ₹515.00 1,068 10.2 1,286 105 17.1% 8.2% 15.9% 38.1% 7.6% -44.4%
23 RUPA Rupa ₹129.98 1,034 13.8 1,278 75 9.3% 5.9% 1.6% -13.2% 10.1% 49.7%
24 HIMATSEIDE Himatsingka Seide ₹64.11 806 14.4 2,479 56 13.4% 2.3% -9.5% -18.5% -5.4% -54.2%
25 MALLCOM Mallcom (India) ₹966.00 603 22.5 527 27 10.7% 5.1% 10.9% -47.7% -10.6% -33.4%
❓ Frequently asked questions
What was S. P. Apparels Limited's revenue in Q1 FY27?
S. P. Apparels Limited reported revenue of ₹401 crore for the quarter ended June 2026 (Q1 FY27), down 0.6% from ₹403 crore in the same quarter last year, and up 9.9% sequentially over the March 2026 quarter.
What was S. P. Apparels Limited's net profit in Q1 FY27?
Net profit rose 20.4% year-on-year to ₹25 crore, from ₹21 crore.
What is SPAL's market capitalisation and P/E ratio?
At the current price of ₹926.90, SPAL has a market capitalisation of ₹2,330 crore and a trailing P/E of about 22.1.
Who owns S. P. Apparels Limited? (shareholding pattern)
As of Jun 2026, promoters held 61.81%, foreign institutional investors (FIIs) 1.49%, domestic institutional investors (DIIs) 16.15%, public shareholders 20.55% of S. P. Apparels Limited.
TTM ends 2026-06-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI