S. P. Apparels LimitedSPALCorporate

Textiles - Products Latest results: Jun 2026 15 quarters of data
₹926.90
MCap ₹2,330 Cr · P/E 24.8
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.
₹275 Cr
Sales · Jun 2026
-5.0% YoY
₹47 Cr
Operating Profit · Jun 2026
+5.0% YoY
17.0%
OPM % · Jun 2026
+10.4% YoY
₹27 Cr
Net Profit · Jun 2026
+33.4% YoY
₹10.56
EPS · Jun 2026
+33.2% YoY

📝 S. P. Apparels Limited — results explained

Quarter ended June 2026 (Q1 FY27)

S. P. Apparels Limited reported revenue of ₹275 crore for the quarter ended June 2026 (Q1 FY27), down 5.0% from ₹290 crore in the same quarter last year, and up 9.2% sequentially over the March 2026 quarter.

Net profit rose 33.4% year-on-year to ₹27 crore, from ₹20 crore. Earnings per share (EPS) came in at ₹10.56.

Operating profit stood at ₹47 crore — an operating margin (OPM) of 17.0%, compared with 15.4% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, S. P. Apparels Limited posted revenue of ₹1,113 crore, a growth of 13.3% over FY25, with a net profit of ₹87 crore (up 3.8% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹1,099 crore with a net profit of ₹94 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 24.8.

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 ?
24.83above ind
Industry P/E ?
21.80
P/B ?
2.48
P/S ?
2.12
P/FCF ?
30.66
Enterprise Value ?
₹2,620 Cr
EV/EBITDA ?
14.29
PEG ?
N/A
Earnings Yield ?
5.4%
Dividend Yield ?
0.22%
Profitability & Returns
Sales (TTM) ?
₹1,099 Cr
OPM ?
16.7%
Profit after tax (TTM) ?
₹94 Cr
EPS (TTM) ?
₹37.33
ROCE ?
13.0%
ROE ?
10.0%
ROA ?
6.8%
Growth
Sales — latest qtr ?
₹275 Cr
PAT — latest qtr ?
₹27 Cr
YoY qtr sales growth ?
-5.0%
YoY qtr profit growth ?
33.4%
Sales growth (3y) ?
6%
Sales growth (5y) ?
16%
Profit growth (3y) ?
-1%
Profit growth (5y) ?
18%
Financial Health
Debt ?
₹290 Cr
Debt to Equity ?
0.31
Interest Coverage ?
5.1
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 241235218251229255214256234278290308264252275 -5.0% +9.2%
Operating Profit 34341503740374040464554404347 +5.0% +8.8%
Other Income 824552211312311 -2.6% +25.9%
Interest 565341384678662 -66.4% -59.7%
Depreciation 889999918991010111111 +11.3% -3.6%
Profit Before Tax -23032422932275226332937252835 +20.3% +25.0%
Net Profit -12322332227231818252027192127 +33.4% +26.4%
EPS -0.499.278.6813.108.8710.709.077.197.209.867.9310.887.698.4910.56 +33.2% +24.4%
OPM % 1.2% 18.2% 18.8% 19.7% 16.2% 15.8% 17.3% 15.6% 16.9% 16.5% 15.4% 17.4% 15.2% 17.1% 17.0% +10.4% -0.6%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹982 Cr ₹1,113 Cr ₹1,099 Cr +13.3%
Operating Profit ₹163 Cr ₹181 Cr ₹183 Cr +11.4%
OPM % 16.56% 16.27% 16.69% -1.8%
NPM % 8.55% 7.83% 8.54% -8.4%
Other Income ₹7 Cr ₹7 Cr ₹7 Cr +0.7%
Depreciation ₹45 Cr ₹41 Cr ₹43 Cr -8.5%
Interest ₹21 Cr ₹27 Cr ₹23 Cr +29.5%
EBIT ₹117 Cr ₹140 Cr ₹141 Cr +19.1%
PBT ₹138 Cr ₹119 Cr ₹125 Cr -13.6%
Tax — ₹19 Cr ₹19 Cr —
Net Profit ₹84 Cr ₹87 Cr ₹94 Cr +3.8%
EPS ₹33.32 ₹34.99 ₹37.62 +5.0%
Material Cost — ₹221 Cr ₹211 Cr —
Employee Cost — ₹164 Cr ₹156 Cr —
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 25252525 +0.0%
Reserves 650754835914 +9.5%
Borrowings 190128257290 +12.8%
Other Liabilities 139139152145 -4.6%
Total Liabilities 1,0041,0461,2691,375 +8.4%
Fixed Assets 439434449542 +20.7%
CWIP 1019314 -87.1%
Investments 175114224242 +8.0%
Other Assets 381480565587 +3.9%
Total Assets 1,0041,0461,2691,375 +8.4%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 2279843169 +293.0%
Cash from Investing Activity -156-4-183-147 +19.7%
Cash from Financing Activity -73-811102 -98.2%
Net Cash Flow -213-3023 +176.7%
Free Cash Flow 18046-3276 +337.5%
CFO/OP 167%78%42%110% +161.9%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 16323937 -5.1%
Inventory Days 228228331223 -32.6%
Days Payable 54657957 -27.8%
Cash Conversion Cycle 190195290203 -30.0%
Working Capital Days 19534428 -36.4%
ROCE % 16%16%13%13% +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 ₹275 crore for the quarter ended June 2026 (Q1 FY27), down 5.0% from ₹290 crore in the same quarter last year, and up 9.2% sequentially over the March 2026 quarter.
What was S. P. Apparels Limited's net profit in Q1 FY27?
Net profit rose 33.4% year-on-year to ₹27 crore, from ₹20 crore. Earnings per share (EPS) came in at ₹10.56.
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 24.8.
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