Good morning :)
S.P.Apparels Ltd

S.P.Apparels Ltd

SPAL Share Price

NSE
1,002.802.60% (+25.40)
High
Low
Returns
1D
1W
1M
1Y
5Y
Max
SIP
Loading...
1D
1W
1M
1Y
5Y
Max
SIP

With a market cap of ₹2,520 cr, stock is ranked 1,136

Stock is 3.84x as volatile as Nifty

SPAL Stock Scorecard

Performance

Avg

Price return has been average, nothing exciting

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Avg

The stock has a moderate number of red flags

How to use scorecard? Learn more

With a market cap of ₹2,520 cr, stock is ranked 1,136

Stock is 3.84x as volatile as Nifty

SPAL Performance & Key Metrics

SPAL Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
24.832.97
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
25.885.570.61%

SPAL Analyst Ratings & Forecast

Detailed Forecast Detailed Forecast 
100%
Analysts have suggested that investors can buy this stock

from 2 analysts

Price Upside

Earnings Growth

Rev. Growth

See Detailed Forecast

SPAL Company Profile

S.P. Apparels Limited is a manufacturer and exporter of knitted garments for infants and children in India. The Company manufactures and retail menswear garments in India under the brand Crocodile.

Investor Presentation

View older View older 

May 21, 2026

PDF
View Older Presentations

SPAL Similar Stocks (Peers)

Compare with peers Compare with peers 

SPAL Similar Stocks (Peers)

Compare with peers Compare with peers 
PE Ratio
58.81
58.81
1Y Return
14.52%
14.52%
Buy Reco %
62.50
62.50
PE Ratio
33.39
33.39
1Y Return
54.83%
54.83%
Buy Reco %
100.00
100.00
PE Ratio
32.84
32.84
1Y Return
27.77%
27.77%
Buy Reco %
100.00
100.00
PE Ratio
44.94
44.94
1Y Return
27.44%
27.44%
Buy Reco %
100.00
100.00
PE Ratio
44.10
44.10
1Y Return
24.99%
24.99%
Buy Reco %
85.71
85.71
Compare with Peers

SPAL Sentiment Analysis

SPAL Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

SPAL Stock Summary · May 2026

Management struck a cautiously optimistic tone, reiterating FY27 consolidated revenue guidance of INR 2,000 crore with a 14–15% EBITDA margin target after reporting FY26 consolidated revenue of INR 1,578 crore. Leadership emphasized disciplined, staged capacity scaling and customer diversification as strategic priorities, outlining Sri Lanka expansion and domestic ramps while prioritizing recruitment, compliance and tight cost control to protect margins. They acknowledged near‑term tension from Q4 volume softness driven by shipment timing and tariff volatility that trimmed US exposure, and noted that worker re‑onboarding and order disruptions have slowed immediate ramp‑up. Management expects order momentum to recover into H2 FY27 as customers return and booked orders (short execution cycles) turn into shipments, and is focusing on improving utilization (current headroom) rather than greenfield additions in FY28. They flagged targeted margin improvement through selective pricing and efficiency measures, ongoing investments in solar to reduce energy cost volatility, and the deliberate, compliance‑led scaling of Sri Lanka capacity as key to delivering the reiterated FY27 targets.

SPAL Stock Growth Drivers
SPAL Stock Growth Drivers
7
  • Improved FY26 Financial Performance and Margin Resilience

    The company delivered a materially stronger FY26 with consolidated revenue rising 13.2% to INR 1,578

  • Operational Resilience from Integrated Manufacturing and Cost Pass‑through

    The company’s vertically integrated operations (spinning, dyeing and garmenting) continue to support consistent quality, reliable

SPAL Stock Challenges
SPAL Stock Challenges
5
  • Trade and tariff-driven demand and shipment disruptions

    The company faced material trade and geopolitical volatility in FY26 that directly disrupted demand, bookings

  • Deferred capacity expansion and uncertain operational ramp-up

    Planned production expansion has been slowed or postponed because of prior tariff volatility and customer

SPAL Forecast

SPAL Forecasts

Price

Revenue

Earnings

SPAL

SPAL

Income

Balance Sheet

Cash Flow

SPAL Income Statement

SPAL Income Statement

Loading...

Quarterdec 2023mar 2024jun 2024sep 2024dec 2024mar 2025jun 2025sep 2025dec 2025mar 2026
Total Revenue257.01296.77248.03393.68362.18403.43405.07434.15388.83368.71
Operating & Other expensessubtract217.66254.33212.31341.62308.43344.97350.51365.27329.35321.35
Depreciation/Amortizationsubtract9.379.499.8011.0011.7711.3211.2911.7512.4812.34
Interest & Other Itemssubtract5.483.125.3110.707.799.6911.7810.3210.028.60
Taxes & Other Itemssubtract6.861.352.548.4210.027.0510.0812.0910.047.95
EPS7.0211.347.198.739.8612.118.2013.8310.767.40

SPAL Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2026FY 2026

Annual Report Pending

Investor Presentation

May 21PDF
Feb 12PDF
Nov 15PDF
Aug 18PDF
FY 2025FY 2025

Annual report

PDF

Investor Presentation

May 28PDF
Feb 11PDF
Nov 11PDF
FY 2024FY 2024

Annual report

PDF
FY 2023FY 2023

Annual report

PDF

Investor Presentation

May 18PDF
May 17PDF
Feb 10PDF
FY 2022FY 2022

Annual report

PDF
FY 2021FY 2021

Annual report

PDF
FY 2020FY 2020

Annual report

PDF
FY 2019FY 2019

Annual report

PDF
FY 2018FY 2018

Annual report

PDF
FY 2017FY 2017

Annual report

PDF
 

SPAL Stock Peers

SPAL Past Performance & Peer Comparison

SPAL Past Performance & Peer Comparison

Comparing 3 stocks from 
Consumer DiscretionaryApparel & Accessories

Loading...

StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
S.P.Apparels Ltd25.002.97
Page Industries Ltd58.8129.901.37%
Arvind Ltd33.393.570.85%
Pearl Global Industries Ltd32.846.340.73%

SPAL Stock Price Comparison

Compare SPAL with any stock or ETF
Compare SPAL with any stock or ETF
SPAL
Loading...

SPAL Holdings

SPAL Shareholdings

SPAL Promoter Holdings Trend

SPAL Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

SPAL Institutional Holdings Trend

SPAL Institutional Holdings Trend

Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

SPAL Shareholding Pattern

SPAL Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding61.81%14.64%1.51%1.49%20.55%

Sep 2025

Dec 2025

Mar 2026

Jun 2026

SPAL Shareholding History

SPAL Shareholding History

MarJunSepDec '25MarJun1.81%1.83%1.48%1.83%1.48%1.49%

Mutual Funds Invested in SPAL

Mutual Funds Invested in SPAL

No mutual funds holding trends are available

Top 5 Mutual Funds holding S.P.Apparels Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
8.7221%1.12%0.24%20/86 (+2)
3.6352%0.28%0.06%54/133 (+1)
1.5795%0.60%0.18%47/166 (+25)

Compare 3-month MF holding change on Screener

SPAL Insider Trades & Bulk Stock Deals

SPAL Insider Trades & Bulk Stock Deals

Loading...

smallcases containing SPAL stock

smallcases containing SPAL stock

Looks like this stock is not in any smallcase yet.

SPAL Events

SPAL Events

SPAL Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

SPAL Dividend Trend

No dividend trend available

SPAL Upcoming Dividends

SPAL Upcoming Dividends

No upcoming dividends are available

SPAL Past Dividends

SPAL Past Dividends

Cash Dividend

Ex DateEx DateAug 25, 2025

Final
Final | Div/Share: ₹2.00

Dividend/Share

2.00

Ex DateEx Date

Aug 25, 2025

Cash Dividend

Ex DateEx DateSep 15, 2023

Final
Final | Div/Share: ₹3.00

Dividend/Share

3.00

Ex DateEx Date

Sep 15, 2023

Cash Dividend

Ex DateEx DateSep 3, 2021

Final
Final | Div/Share: ₹2.25

Dividend/Share

2.25

Ex DateEx Date

Sep 3, 2021

Cash Dividend

Ex DateEx DateSep 7, 2018

Final
Final | Div/Share: ₹0.50

Dividend/Share

0.50

Ex DateEx Date

Sep 7, 2018

Cash Dividend

Ex DateEx DateAug 3, 2017

Final
Final | Div/Share: ₹0.50

Dividend/Share

0.50

Ex DateEx Date

Aug 3, 2017

SPAL Stock News & Opinions

SPAL Stock News & Opinions

Earnings
Earnings
S P Apparels consolidated net profit declines 39.23% in the March 2026 quarter

Net profit of S P Apparels declined 39.23% to Rs 18.48 crore in the quarter ended March 2026 as against Rs 30.41 crore during the previous quarter ended March 2025. Sales declined 8.59% to Rs 364.91 crore in the quarter ended March 2026 as against Rs 399.21 crore during the previous quarter ended March 2025. For the full year,net profit rose 5.98% to Rs 100.84 crore in the year ended March 2026 as against Rs 95.15 crore during the previous year ended March 2025. Sales rose 13.15% to Rs 1578.64 crore in the year ended March 2026 as against Rs 1395.13 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales364.91399.21 -9 1578.641395.13 13 OPM %11.9413.59 -13.4013.46 - PBDT38.7748.78 -21 188.86166.52 13 PBT26.4337.46 -29 141.00123.22 14 NP18.4830.41 -39 100.8495.15 6 Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Corporate
S.P. Apparels to discuss results

S.P. Apparels will hold a meeting of the Board of Directors of the Company on 20 May 2026.

2 months agoCapital Market - Live
Corporate
Corporate
S P Apparels allots 46,283 equity shares under ESOP

S P Apparels has allotted 46,283 equity shares under ESOP on 02 March 2026. Powered by Capital Market - Live

4 months agoCapital Market - Live
Earnings
Earnings
S P Apparels consolidated net profit rises 11.50% in the December 2025 quarter

Net profit of S P Apparels rose 11.50% to Rs 26.96 crore in the quarter ended December 2025 as against Rs 24.18 crore during the previous quarter ended December 2024. Sales rose 6.58% to Rs 382.95 crore in the quarter ended December 2025 as against Rs 359.32 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales382.95359.32 7 OPM %14.0014.16 - PBDT49.4745.96 8 PBT36.9934.19 8 NP26.9624.18 11 Powered by Capital Market - Live

5 months agoCapital Market - Live
Corporate
Corporate
S.P. Apparels schedules board meeting

S.P. Apparels will hold a meeting of the Board of Directors of the Company on 11 February 2026.Powered by Capital Market - Live

5 months agoCapital Market - Live
Earnings
Earnings
S P Apparels consolidated net profit rises 58.13% in the September 2025 quarter

Net profit of S P Apparels rose 58.13% to Rs 34.71 crore in the quarter ended September 2025 as against Rs 21.95 crore during the previous quarter ended September 2024. Sales rose 9.21% to Rs 427.34 crore in the quarter ended September 2025 as against Rs 391.30 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales427.34391.30 9 OPM %14.5312.70 - PBDT58.5541.37 42 PBT46.8130.37 54 NP34.7121.95 58 Powered by Capital Market - Live

8 months agoCapital Market - Live
Earnings
Earnings
S P Apparels standalone net profit rises 51.36% in the September 2025 quarter

Net profit of S P Apparels rose 51.36% to Rs 27.29 crore in the quarter ended September 2025 as against Rs 18.03 crore during the previous quarter ended September 2024. Sales rose 20.22% to Rs 307.81 crore in the quarter ended September 2025 as against Rs 256.04 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales307.81256.04 20 OPM %17.4215.64 - PBDT47.2834.42 37 PBT37.3525.09 49 NP27.2918.03 51 Powered by Capital Market - Live

8 months agoCapital Market - Live
Corporate
Corporate
S.P. Apparels to conduct board meeting

S.P. Apparels will hold a meeting of the Board of Directors of the Company on 14 November 2025.Powered by Capital Market - Live

8 months agoCapital Market - Live
Earnings
Earnings
S P Apparels consolidated net profit rises 18.49% in the June 2025 quarter

Net profit of S P Apparels rose 18.49% to Rs 21.40 crore in the quarter ended June 2025 as against Rs 18.06 crore during the previous quarter ended June 2024. Sales rose 64.46% to Rs 403.44 crore in the quarter ended June 2025 as against Rs 245.31 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales403.44245.31 64 OPM %13.1213.45 - PBDT42.7830.40 41 PBT31.4920.60 53 NP21.4018.06 18 Powered by Capital Market - Live

11 months agoCapital Market - Live
Corporate
Corporate
S.P. Apparels announces board meeting date

S.P. Apparels will hold a meeting of the Board of Directors of the Company on 14 August 2025.Powered by Capital Market - Live

11 months agoCapital Market - Live

Frequently asked questions

Frequently asked questions

  1. What is the share price of S.P.Apparels Ltd (SPAL) today?

    The share price of SPAL as on 24th July 2026 is ₹1002.80. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on S.P.Apparels Ltd (SPAL) share?

    The past returns of S.P.Apparels Ltd (SPAL) share are
    • Past 1 week: -3.76%
    • Past 1 month: 4.68%
    • Past 3 months: 28.39%
    • Past 6 months: 50.42%
    • Past 1 year: 18.03%
    • Past 3 years: 118.07%
    • Past 5 years: 233.27%

  3. What are the peers or stocks similar to S.P.Apparels Ltd (SPAL)?
  4. What is the market cap of S.P.Apparels Ltd (SPAL) share?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of S.P.Apparels Ltd (SPAL) is ₹2520.93 Cr as of 24th July 2026.

  5. What is the 52 week high and low of S.P.Apparels Ltd (SPAL) share?

    The 52-week high of S.P.Apparels Ltd (SPAL) is ₹1221.90 and the 52-week low is ₹600.

  6. What is the PE and PB ratio of S.P.Apparels Ltd (SPAL) stock?

    The P/E (price-to-earnings) ratio of S.P.Apparels Ltd (SPAL) is 25.00. The P/B (price-to-book) ratio is 2.97.

  7. Which sector does S.P.Apparels Ltd (SPAL) belong to?

    S.P.Apparels Ltd (SPAL) belongs to the Consumer Discretionary sector & Apparel & Accessories sub-sector.

  8. How to buy S.P.Apparels Ltd (SPAL) shares?

    You can directly buy S.P.Apparels Ltd (SPAL) shares on Tickertape. Simply sign up, connect your demat account and place your order.