S. P. Apparels cash flow

Latest FY26

Cash from operations: ₹209cr+369.8% on FY25
Capital spending: ₹108cr+30.8% on FY25
Free cash flow: ₹101cr−₹37.8 cr in FY25
Cash from financing: −₹1.5cr₹82.5 cr in FY25

₹ crore except per share

Tap a line for its trend	Last 12Mto Jun 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Changes in working capital
Adjustments to reconcile profit — non-cash items						FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	—	47.9	43.3	37.8	35.9
	—	39.5	32.9	17.2	0.0
	—	−10.6	−4.0	−2.5	0.0
	—	−0.0	0.0	−0.1	0.0
	—	1.7	0.0	−2.7	0.0
	—	1.6	0.4	0.0	0.0
	—	−3.9	3.7	−2.2	1.3
	—	−2.3	−2.1	0.0	0.0
	—	0.1	−0.6	0.0	0.0
	—	60.4	−48.1	31.9	35.1
	—	−0.1	−50.0	−60.8	24.8
	—	−27.0	−38.3	−15.6	14.7
	—	−7.6	18.1	6.7	−1.8
Cash from operating activities
	149	147	123	118	111
	—	99.7	−44.7	9.8	110
	—	247	78.5	127	221
	—	0.0	0.0	0.0	−0.8
	—	0.0	0.0	0.0	−14.5
	—	0.0	0.0	0.0	−0.0
	—	0.0	0.0	−14.7	8.7
	—	38.4	34.1	33.5	27.2
	—	209	44.4	79.2	216
Cash from investing activities
	—	108	82.2	55.0	51.8
	—	1.4	1.0	0.7	0.3
	—	51.6	38.0	96.0	143
	—	0.0	81.1	169	30.7
	—	0.0	137	15.1	0.0
	—	0.0	0.0	0.1	0.0
	—	3.3	2.5	2.5	0.8
	—	−34.2	−3.7	−0.3	3.0
	—	−189	−177	6.2	−160
Cash from financing activities
	—	1.2	0.1	0.0	0.0
	—	0.0	0.0	0.0	40.3
	—	49.1	118	0.2	0.0
	—	5.9	0.0	36.9	43.4
	—	5.4	5.4	0.0	0.0
	—	—	—	5.4	0.0
	—	35.4	30.6	17.2	14.5
	—	5.0	0.0	7.5	0.0
	—	0.0	0.0	0.0	50.3
	—	−1.5	82.5	−66.8	−47.8
	—	18.4	−49.8	18.6	8.3
	—	0.0	−0.0	0.0	0.0
	—	18.5	−49.8	18.6	8.3
	—	—	—	18.6	60.2
Reference items
	226	218	188	158	143
	14.4%	13.8%	13.5%	14.5%	13.2%
	101	101	−37.8	24.2	164
	—	85.2	109	−34.2	—
	₹40.23	₹40.23	−₹15.05	₹9.64	₹65.30
	20.99×	—	—	—	—
	—	2.07×	0.47×	0.88×	2.62×
	—	38.4	34.1	33.5	27.2
	—	35.4	30.6	17.2	14.5

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

alphave

SPAL₹844.65

S. P. Apparels Limited

· Textiles

₹ CrorePeersKKCL CANTABIL SBC LUXIND DOLLAR RUPA MONTECARLO THOMASCOTTMcap ₹2,123 Cr

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In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/06/2026
Adjustments to Reconcile Profit — Non-cash Items
+ Depreciation & Amortisation	35.9	37.8	43.3	47.9	—
+ Finance Costs	0.0	17.2	32.9	39.5	—
+ Interest Income	0.0	-2.5	-4.0	-10.6	—
+ Dividend Income	0.0	-0.1	0.0	-0.0	—
+ Fair Value (Gains) / Losses	0.0	-2.7	0.0	1.7	—
+ Share-based Payments	0.0	0.0	0.4	1.6	—
+ Unrealised FX (Gain) / Loss	1.3	-2.2	3.7	-3.9	—
+ Other Non-cash Items	0.0	0.0	-2.1	-2.3	—
+ Other — Cash Effects are Investing / Financing	0.0	0.0	-0.6	0.1	—
Changes in Working Capital
+ Inventories	35.1	31.9	-48.1	60.4	—
+ Trade Receivables — Current	24.8	-60.8	-50.0	-0.1	—
+ Other Current Assets	14.7	-15.6	-38.3	-27.0	—
+ Trade Payables — Current	-1.8	6.7	18.1	-7.6	—
Cash from Operating Activities
Profit Before Tax (per I/S)	110.8	117.6	123.2	147.4	148.7
+ Total Adjustments (incl. Working Capital)	110.1	9.8	-44.7	99.7	—
Cash from Operations (pre-tax)	220.8	127.4	78.5	247.1	—
+ Interest Received — Operating	-0.8	0.0	0.0	0.0	—
+ Interest Paid — Operating	-14.5	0.0	0.0	0.0	—
+ Dividends Received — Operating	-0.0	0.0	0.0	0.0	—
+ Other Inflows / (Outflows) — Operating	8.7	-14.7	0.0	0.0	—
+ Income Taxes Paid	27.2	33.5	34.1	38.4	—
Cash from Operating Activities	216.0	79.2	44.4	208.7	—
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)	51.8	55.0	82.2	107.5	—
+ Disp of Fixed Assets	0.3	0.7	1.0	1.4	—
+ Purchase of Investments (Equity / Debt)	142.9	96.0	38.0	51.6	—
+ Sale of Investments (Equity / Debt)	30.7	169.3	81.1	0.0	—
+ Acq of Subsidiaries / Businesses (net)	0.0	15.1	137.3	0.0	—
+ Dividends Received — Investing	0.0	0.1	0.0	0.0	—
+ Interest Received — Investing	0.8	2.5	2.5	3.3	—
+ Other Inflows / (Outflows) — Investing	3.0	-0.3	-3.7	-34.2	—
Cash from Investing Activities	-159.9	6.2	-176.7	-188.8	—
Cash from Financing Activities
+ Proceeds from Issue of Shares	0.0	0.0	0.1	1.2	—
+ Buyback / Redemption of Own Shares	40.3	0.0	0.0	0.0	—
+ Proceeds from Borrowings	0.0	0.2	118.4	49.1	—
+ Repayment of Borrowings	43.4	36.9	0.0	5.9	—
+ Payment of Lease Liabilities	0.0	0.0	5.4	5.4	—
+ Payment of Finance Lease Liabilities	0.0	5.4	—	—	—
+ Interest Paid	14.5	17.2	30.6	35.4	—
+ Dividends Paid	0.0	7.5	0.0	5.0	—
+ Other Inflows / (Outflows) — Financing	50.3	0.0	0.0	0.0	—
Cash from Financing Activities	-47.8	-66.8	82.5	-1.5	—
Net Changes in Cash (pre-FX)	8.3	18.6	-49.8	18.4	—
+ Effect of FX Rate Changes on Cash	0.0	0.0	-0.0	0.0	—
Net Changes in Cash	8.3	18.6	-49.8	18.5	—
Closing Cash	60.2	18.6	—	—	—
Reference Items
EBITDA	142.6	157.8	187.8	217.8	226.2
EBITDA Margin %	13.23	14.51	13.46	13.80	14.35
Free Cash Flow (CFO − Capex)	164.2	24.2	-37.8	101.1	101.1
Free Cash Flow to Equity	—	-34.2	109.0	85.2	—
Free Cash Flow per Basic Share	65.30	9.64	-15.05	40.23	40.23
Price to Free Cash Flow	—	—	—	—	20.99
Cash Flow to Net Income	2.62	0.88	0.47	2.07	—
Cash Paid for Taxes	27.2	33.5	34.1	38.4	—
Cash Paid for Interest	14.5	17.2	30.6	35.4	—

As filed, sign as filed: a payment tagged as a positive magnitude in the filing stays positive here, so read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown — depth follows the filer, so a thin statement means a thin filing. Total Adjustments is the filer's own grand total of the reconciliation and spans BOTH the non-cash items and the working-capital block; Profit Before Tax plus it equals Cash from Operations (pre-tax). It can be reported when its components are not, so it is never a sum of the rows above it. No consensus estimates → no Est columns. Click any row to chart it.

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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%.