S. P. Apparels financials

Latest results Q1 FY27 · Apr–Jun 2026
Revenue
₹401cr−0.6% on Q1 FY26
Net profit
₹24.9cr+20.4% on Q1 FY26
EBITDA margin
15.3%+2.2 pts on Q1 FY26
EPS
₹9.89+20.2% on Q1 FY26

Quarterly results

Every quarter ›
₹ croreQ1 FY27Q1 FY26Change
Revenue401403−0.6%
EBITDA61.452.9+15.9%
EBITDA margin15.3%13.1%+2.2 pts
Profit before tax35.830.8+16.5%
Net profit24.920.7+20.4%
EPS₹9.89₹8.23+20.2%

Over time

Q1 FY27 · Apr–Jun 2026latest
Revenue₹401 crNet profit₹24.9 crNet margin6.2%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
2,123————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
67.567.535.3129133
−6.5−6.5−6.4−6.4−6.5
400400381203245
2,450————
1,5761,5791,3951,0871,078
—+13.2%+28.3%+0.9%—
226218188158143
14.4%13.8%13.5%14.5%13.2%
176170145120106
10510195.189.682.5
6.7%6.4%6.8%8.2%7.7%
₹41.79₹40.11₹37.85₹35.68₹32.83
—+6.0%+6.1%+8.7%—
—20944.479.2216
—−108−82.2−55.0−51.8
101101−37.824.2164
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

SPAL₹844.65

S. P. Apparels Limited

· Textiles
₹ CrorePeersKKCLCANTABILSBCLUXINDDOLLARRUPAMONTECARLOTHOMASCOTTMcap ₹2,123 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————2,123.4
- Cash, Equiv & ST Investments132.8129.135.367.567.5
+ Minority Interest-6.5-6.4-6.4-6.5-6.5
+ Total Debt244.7203.4380.8400.2400.2
Enterprise Value————2,449.6
Revenue1,077.91,087.41,395.11,578.61,576.3
Growth %, YoY—+0.9+28.3+13.2—
EBITDA142.6157.8187.8217.8226.2
Margin %13.2314.5113.4613.8014.35
EBIT106.5120.0144.5170.0176.4
Net Income82.589.695.1100.9105.2
Margin %7.668.246.826.396.67
EPS, Adj (current shares)32.8335.6837.8540.1141.79
Growth %, YoY—+8.7+6.1+6.0—
Cash from Operations216.079.244.4208.7—
Capital Expenditures-51.8-55.0-82.2-107.5—
Free Cash Flow164.224.2-37.8101.1101.1
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

S. P. Apparels financials and key ratios

Prices at the previous close · figures from the company's filings with NSE

S. P. Apparels (NSE: SPAL) had a market capitalisation of ₹2,123 crore at the previous close (₹844.65 a share), a PE ratio of 20.2 on the last four quarters' profit and a price-to-book ratio of 2.24. In FY26 its consolidated net profit was ₹101 crore on revenue of ₹1,579 crore; in Q1 FY27 (April–June 2026) it was ₹24.9 crore, up 20.2% year on year. Its debt-to-equity ratio was 0.43 on 31 March 2026. Promoters held 59.82% of the shares on 30 September 2026.

S. P. Apparels Q1 FY27 results
filed 11 August 2026
Share price used
₹844.65 · previous close
Latest balance sheet
31 March 2026
Shareholding pattern
30 September 2026

S. P. Apparels at a glance · consolidated

Market cap
₹2,123 Crat ₹844.65 · previous close
PE ratio (last 4 quarters)
20.221.0 on FY26 profit
Price to book (PB)
2.24book value ₹376.36 a share
ROE (FY26)
11.2%−0.6 pts vs FY25ROCE 17.1%
Debt to equity
0.43net debt ₹328 Cr
Promoter holding
59.82%−2.0 pts vs 30 Jun 202630 September 2026
Dividend yield
0.36%₹3 a share in 12 months
Net worth
₹946 Cr+10.5% vs 31 Mar 202531 March 2026
Free cash flow (FY26)
₹101 Cr

Questions

What is the S. P. Apparels PE ratio today?

S. P. Apparels' PE ratio is 20.2 at the previous close (₹844.65 a share): a market capitalisation of ₹2,123 crore divided by consolidated net profit of ₹105 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹101 crore) it is 21.0.

What is the S. P. Apparels debt to equity ratio?

S. P. Apparels' debt-to-equity ratio was 0.43 on 31 March 2026: borrowings of ₹400 crore against total equity of ₹940 crore. A year earlier, on 31 March 2025, it was 0.45.

What is the S. P. Apparels net worth?

S. P. Apparels' net worth — shareholders' equity in its consolidated balance sheet — was ₹946 crore on 31 March 2026, up 10.5% from ₹856 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹2,123 crore at the previous close.

What is the S. P. Apparels PB ratio (price to book value)?

S. P. Apparels' price-to-book (PB) ratio is 2.24 at the previous close: a market capitalisation of ₹2,123 crore divided by shareholders' equity (book value) of ₹946 crore on 31 March 2026. That is a book value of ₹376.36 per share against a share price of ₹844.65.

What is the S. P. Apparels ROE and ROCE?

In FY26, S. P. Apparels' return on equity (ROE) was 11.2% and its return on capital employed (ROCE) was 17.1%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 11.8% and ROCE 16.3%.

What is the S. P. Apparels book value per share?

S. P. Apparels' book value per share was ₹376.36 on 31 March 2026: shareholders' equity of ₹946 crore divided by the 2.51 crore shares in issue, up 10.3% from ₹341.27 a year earlier. The share price at the previous close was ₹844.65.

What is the S. P. Apparels market cap?

S. P. Apparels' market capitalisation was ₹2,123 crore at the previous close: 2.51 crore shares at ₹844.65 each.

What is the S. P. Apparels EPS?

S. P. Apparels' basic earnings per share (EPS) were ₹40.22 in FY26, against ₹37.90 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹41.88.

What is the S. P. Apparels dividend in 2026 and its record date?

In 2026, S. P. Apparels has declared one dividend: ₹3 with record date 4 September 2026.

Is S. P. Apparels debt free?

No. S. P. Apparels had borrowings of ₹400 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.43. Its cash and current investments were ₹72.6 crore, so its net debt was ₹328 crore.

What is the S. P. Apparels dividend yield?

S. P. Apparels' dividend yield is 0.36% at the previous close: dividends of ₹3 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹844.65. They were ₹3 on 4 September 2026.

When are the S. P. Apparels next results?

S. P. Apparels has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.

What is the S. P. Apparels promoter holding?

Promoters held 59.82% of S. P. Apparels on 30 September 2026, down 1.99 percentage points from 61.81% the previous quarter and down 2.11 percentage points from 61.93% a year earlier, according to the shareholding pattern filed with NSE.

What is the S. P. Apparels free cash flow?

In FY26, S. P. Apparels generated ₹209 crore of cash from operations and spent ₹108 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹101 crore. In FY25 it was −₹37.8 crore.

What are the S. P. Apparels latest quarterly results?

S. P. Apparels' latest results are for Q1 FY27 (April–June 2026), filed on 11 August 2026: consolidated net profit ₹24.9 crore, up 20.2% from ₹20.7 crore in Q1 FY26; revenue from operations ₹401 crore, down 0.6% year on year.

What is the S. P. Apparels shareholding pattern?

On 30 September 2026, S. P. Apparels' shares were held by promoters 59.82%, foreign portfolio investors (FII/FPI) 2.00%, domestic institutions (DII) 15.84% (including mutual funds at 13.98%) and retail and other non-institutional investors 22.33%. Over the year, FII holding was up 0.52 percentage points from 1.48% and DII holding was down 3.95 percentage points from 19.79%.

What is the S. P. Apparels revenue and profit in FY26?

In FY26 (April 2025–March 2026), S. P. Apparels' consolidated net profit was ₹101 crore, up 6.1% from ₹95.1 crore in FY25, on revenue from operations of ₹1,579 crore (up 13.2%). Over three years, from FY23, net profit was up 22.3%.

S. P. Apparels vs Kewal Kiran Clothing: how do they compare?

In FY26, S. P. Apparels earned net profit of ₹101 crore on revenue of ₹1,579 crore, against ₹142 crore on ₹1,213 crore for Kewal Kiran Clothing. S. P. Apparels' operating margin was 10.8% (Kewal Kiran Clothing 16.0%) and its return on equity 11.2% (Kewal Kiran Clothing 16.1%).

How does S. P. Apparels compare with its peers?

On FY26 consolidated figures, against Kewal Kiran Clothing, Cantabil Retail India and SBC Exports: S. P. Apparels' operating margin of 10.8% is the third highest of the four (Kewal Kiran Clothing 16.0%, Cantabil Retail India 19.3%, SBC Exports 7.9%; peer average 14.4%); its return on equity of 11.2% is the lowest of the four (Kewal Kiran Clothing 16.1%, Cantabil Retail India 22.0%, SBC Exports 37.2%; peer average 25.1%); its revenue growth over three years of 13.6% a year is the lowest of the four (Kewal Kiran Clothing 15.9% a year, Cantabil Retail India 15.6% a year, SBC Exports 27.2% a year; peer average 19.6% a year).

Where do these S. P. Apparels figures come from?

From S. P. Apparels' own consolidated results, balance sheets and shareholding patterns filed with NSE. Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.