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S.P.Apparels Ltd

SPAL Share Price

754.802.05% (-15.80)
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With a market cap of ₹1,893 cr, stock is ranked 1,197

Stock is 4.24x 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

Low

No red flag found

How to use scorecard? Learn more

With a market cap of ₹1,893 cr, stock is ranked 1,197

Stock is 4.24x as volatile as Nifty

SPAL Performance & Key Metrics

SPAL Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
17.112.23
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
40.865.940.72%

SPAL Analyst Ratings & Forecast

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

from 3 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 

Nov 15, 2025

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
57.30
57.30
1Y Return
18.48%
18.48%
Buy Reco %
50.00
50.00
PE Ratio
81.63
81.63
1Y Return
10.90%
10.90%
Buy Reco %
80.00
80.00
PE Ratio
24.60
24.60
1Y Return
13.97%
13.97%
Buy Reco %
83.33
83.33
PE Ratio
69.07
69.07
1Y Return
7.15%
7.15%
Buy Reco %
71.43
71.43
PE Ratio
29.59
29.59
1Y Return
27.28%
27.28%
Buy Reco %
100.00
100.00
Compare with Peers

SPAL Sentiment Analysis

SPAL Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

SPAL Stock Summary · November 2025

The company demonstrated robust financial performance in Q2 FY26, achieving an 18.4% year-on-year revenue growth and a significant profit after tax increase of 51.4%, driven by strong contributions from the SPUK and retail divisions. Despite challenges posed by U.S. tariffs, management remains optimistic about future growth, particularly with plans to expand capacity and enhance operational efficiencies. The strategic shift towards European markets and the diversification of sourcing from Sri Lanka are expected to bolster resilience against market fluctuations. Additionally, the successful restructuring of operations in the U.K. positions the company favorably for increased order volumes, reflecting a positive market sentiment and a commitment to maintaining profitability.

SPAL Stock Growth Drivers
SPAL Stock Growth Drivers
8
  • Strong Financial Performance

    S.P. Apparels Limited reported significant financial growth in Q2 FY26, with standalone total revenue of

  • Positive EBITDA Across Divisions

    Both the retail and SP divisions achieved positive EBITDA in Q2 FY26, marking a significant

SPAL Stock Challenges
SPAL Stock Challenges
4
  • Reduced Capacity and Operational Challenges

    The company has significantly reduced its operational capacity at the Sivakasi facility, dropping from 100-150

  • Revenue Projections and Market Dependency

    The company has projected revenues of INR 50 crores for the year from its Sri

SPAL Forecast

SPAL Forecasts

Price

Revenue

Earnings

SPAL

SPAL

Income

Balance Sheet

Cash Flow

SPAL Income Statement

SPAL Income Statement

Industry refers to the sub-sector this company belongs to.
Higher than Industry Revenue Growth
A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 11.07%, vs industry avg of 9.37%

Decreasing Market Share
Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 2.21% to 2.14%

Lower than Industry Net Income
Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 15.17%, vs industry avg of 44.34%

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Financial YearFY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024FY 2025TTM
Total Revenue654.30678.80829.82832.68653.69868.931,100.901,103.681,407.321,604.83
Raw Materialssubtract241.28314.93366.65339.21272.29443.31488.27420.83585.341,369.18
Power & Fuel Costsubtract18.4519.3421.9031.1027.6234.1934.9741.5548.64
Employee Costsubtract147.31159.20187.22196.14149.17190.30238.67260.78346.21
Selling & Administrative Expensessubtract23.8821.0623.4722.2215.0619.6733.0133.2238.93
Operating & Other expensessubtract98.5242.0793.30146.8883.8320.23140.44173.20188.21
Depreciation/Amortizationsubtract19.3222.3921.5929.9332.3134.5936.1537.7543.3046.13
Interest & Other Itemssubtract18.4928.746.2422.7814.2811.8518.6218.7033.4939.58
Taxes & Other Itemssubtract33.4523.2536.08-2.5115.9730.1028.2628.0228.1239.24
EPS25.3419.0028.8518.2716.8032.9632.4935.7237.8944.12
DPS0.000.500.000.002.250.003.000.000.002.00
Payout ratio0.000.030.000.000.130.000.090.000.000.05

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

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
+2 more
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 Ltd19.922.23
Page Industries Ltd57.3029.692.40%
Safari Industries (India) Ltd81.6312.230.13%
Arvind Ltd24.602.251.13%

SPAL Stock Price Comparison

Compare SPAL with any stock or ETF
Compare SPAL with any stock or ETF
SPAL
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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 Holding61.93%18.44%1.35%1.48%16.80%

Dec 2024

Mar 2025

Jun 2025

Sep 2025

SPAL Shareholding History

SPAL Shareholding History

JunSepDec '24MarJunSep1.59%1.63%1.84%1.81%1.83%1.48%

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)
8.1030%0.91%-0.18%40/85 (-3)
3.3066%5.42%-0.06%7/53 (0)
2.3920%0.33%-0.04%53/108 (-6)

Compare 3-month MF holding change on Screener

SPAL Insider Trades & Bulk Stock Deals

SPAL Insider Trades & Bulk Stock Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

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
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

3 weeks agoCapital Market - Live
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

3 weeks agoCapital Market - Live
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

3 weeks agoCapital Market - Live
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

3 months agoCapital Market - Live
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

3 months agoCapital Market - Live
Corporate
S.P. Apparels to hold AGM

S.P. Apparels announced that the 20th Annual General Meeting(AGM) of the company will be held on 1 September 2025.Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Board of S.P. Apparels recommends final dividend

S.P. Apparels announced that the Board of Directors of the Company at its meeting held on 6 August 2025, inter alia, have recommended the final dividend of Rs 2 per equity Share (i.e. 20%) , subject to the approval of the shareholders.Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
S.P. Apparels to consider dividend

S.P. Apparels will hold a meeting of the Board of Directors of the Company on 6 August 2025.Powered by Capital Market - Live

4 months agoCapital Market - Live
Earnings
S P Apparels consolidated net profit rises 6.78% in the March 2025 quarter

Net profit of S P Apparels rose 6.78% to Rs 30.41 crore in the quarter ended March 2025 as against Rs 28.48 crore during the previous quarter ended March 2024. Sales rose 35.27% to Rs 399.21 crore in the quarter ended March 2025 as against Rs 295.13 crore during the previous quarter ended March 2024. For the full year,net profit rose 6.10% to Rs 95.15 crore in the year ended March 2025 as against Rs 89.68 crore during the previous year ended March 2024. Sales rose 28.30% to Rs 1395.13 crore in the year ended March 2025 as against Rs 1087.36 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales399.21295.13 35 1395.131087.36 28 OPM %13.5913.82 -13.4614.51 - PBDT48.7839.32 24 166.52155.39 7 PBT37.4629.83 26 123.22117.64 5 NP30.4128.48 7 95.1589.68 6 Powered by Capital Market - Live

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

S.P. Apparels will hold a meeting of the Board of Directors of the Company on 27 May 2025.Powered by Capital Market - Live

6 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 5th December 2025 is ₹754.80. 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: -0.05%
    • Past 1 month: 9.02%
    • Past 3 months: 2.92%
    • Past 6 months: -11.05%
    • Past 1 year: -19.02%
    • Past 3 years: 90.29%
    • Past 5 years: 422.35%

  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 ₹1893.99 Cr as of 5th December 2025.

  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 ₹995 and the 52-week low is ₹628.

  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 19.92. The P/B (price-to-book) ratio is 2.23.

  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.