SP Apparels

  • Market Cap: Small Cap
  • Industry: Garments & Apparels
  • ISIN: INE212I01016
  • NSEID: SPAL
  • BSEID: 540048
INR
756.35
-5.75 (-0.75%)
BSENSE

Dec 05

BSE+NSE Vol: 40.7 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

40.7 k (291.39%) Volume

Shareholding (Sep 2025)

FII

1.48%

Held by 41 FIIs

DII

0.75%

Held by 20 DIIs

Promoter

61.93%

how big is SP Apparels?

06-Jun-2025

As of Jun 06, SP Apparels Ltd. has a market capitalization of 2,086.70 Cr, classifying it as a Small Cap company, with recent net sales of 1,395.14 Cr and a net profit of 94.60 Cr. Shareholder's funds are 763.64 Cr, and total assets amount to 1,141.64 Cr.

Market Cap: <BR>As of Jun 06, SP Apparels Ltd. has a market capitalization of 2,086.70 Cr, classifying it as a Small Cap company.<BR><BR>Recent Quarterly Performance: <BR>For the latest 4 quarters, SP Apparels reported a sum of Net Sales of 1,395.14 Cr and a sum of Net Profit of 94.60 Cr. This data is on a Consolidated basis.<BR><BR>Balance Sheet Snapshot: <BR>This is also Consolidated data for the latest annual period ending Mar'24. Shareholder's Funds are reported at 763.64 Cr, while Total Assets amount to 1,141.64 Cr.

Read More

Who are in the management team of SP Apparels?

06-Jun-2025

As of March 2022, the management team of SP Apparels includes P Sundarajan (Chairman & Managing Director), S Latha (Executive Director), S Chenduran (Joint Managing Director), and several Non-Executive & Independent Directors, among others. They are responsible for the company's governance and management.

As of March 2022, the management team of SP Apparels includes the following individuals:<BR><BR>1. P Sundarajan - Chairman & Managing Director<BR>2. S Latha - Executive Director<BR>3. S Chenduran - Joint Managing Director<BR>4. V Sakthivel - Non-Executive & Independent Director<BR>5. A S Anand Kumar - Non-Executive & Independent Director<BR>6. K Vinodhini - Company Secretary & Compliance Officer<BR>7. C R Rajagopal - Non-Executive & Independent Director<BR>8. H Lakshmi Priya - Non-Executive & Independent Director<BR>9. S Shantha - Joint Managing Director<BR><BR>These individuals play key roles in the governance and management of the company.

Read More

What does SP Apparels do?

06-Jun-2025

SP Apparels Ltd. is a leading manufacturer and exporter of knitted garments for infants and children, with a market cap of Rs 2,096 Cr. As of March 2025, it reported net sales of 399 Cr and a net profit of 30 Cr.

Overview:<BR>SP Apparels Ltd. is a leading manufacturer and exporter of knitted garments for infants and children, operating in the Garments & Apparels industry within the Small Cap market-cap bracket.<BR><BR>History:<BR>SP Apparels Ltd. was incorporated in an unspecified year and has maintained its status as a prominent player in the children's wear segment. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 399 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 30 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 2,096 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 23.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.40 <BR>Return on Equity: 11.05% <BR>Price to Book: 2.50<BR><BR>Contact Details:<BR>Address: 39-A Extension Street, Kaikattipudur Avinashi Tirupur Tamil Nadu : 641654 <BR>Tel: 91-4296-304000 <BR>Email: csoffice@s-p-apparels.com <BR>Website: http://www.spapparels.com

Read More

Has SP Apparels declared dividend?

06-Jun-2025

Yes, SP Apparels Ltd. has declared a 30% dividend, amounting to ₹3 per share, with an ex-date of September 15, 2023. Despite this, the dividend yield is 0%, but the company has shown strong total returns over longer periods.

SP Apparels Ltd. has declared a 30% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 30%<BR>- Amount per share: 3 per share<BR>- Ex-date: 15 Sep 23<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -9.66%, the dividend return was 0%, resulting in a total return of -9.66%.<BR><BR>Over the past year, the price return was 41.41%, with a dividend return of 0%, leading to a total return of 41.41%.<BR><BR>In the 2-year period, the price return was 98.42%, the dividend return was 0.71%, which resulted in a total return of 99.13%.<BR><BR>For the 3-year period, the price return was 144.62%, the dividend return was 0.84%, culminating in a total return of 145.46%.<BR><BR>In the 4 years, the price return was 249.31%, with a dividend return of 2.32%, giving a total return of 251.63%.<BR><BR>Finally, in the 5-year span, the price return was 1070.74%, the dividend return was 6.48%, resulting in a total return of 1077.22%.<BR><BR>Overall, SP Apparels has declared a dividend, but the dividend yield remains at 0%. The total returns over various periods indicate strong performance, particularly over the longer term, despite a recent decline in the short term.

Read More

Who are the peers of the SP Apparels?

03-Jun-2025

SP Apparels' peers include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Shankara Build., Sai Silks, Cantabil Retail, and Baazar Style. SP Apparels has a good management risk and a 1-year return of 45.44%, outperforming its peers, with Page Industries showing the highest return at 26.58% and Vedant Fashions the lowest at -24.65%.

Peers: The peers of SP Apparels are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Shankara Build., Sai Silks, Cantabil Retail, and Baazar Style.<BR><BR>Quality Snapshot: Excellent management risk is observed at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good management risk is found at SP Apparels and Trent. Average management risk is noted at Trident, Shankara Build., Sai Silks, and Cantabil Retail, and Below Average management risk is seen at Baazar Style. In terms of growth, Excellent growth is seen at Sai Silks, while Good growth is noted at K P R Mill Ltd and SP Apparels, and Below Average growth is found at Page Industries, Vedant Fashions, Trident, and the rest. For capital structure, Excellent capital structure is observed at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good capital structure is noted at SP Apparels, Trent, Shankara Build., Sai Silks, and the rest, and Below Average capital structure is seen at Baazar Style.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Page Industries at 26.58%, while the peer with the lowest is Vedant Fashions at -24.65%. SP Apparels has a 1-year return of 45.44%, which is significantly higher than both of these peers. Additionally, the peers with negative six-month returns include Vedant Fashions, Trident, Sai Silks, Baazar Style, and Himatsing. Seide.

Read More

Who are the top shareholders of the SP Apparels?

17-Jul-2025

The top shareholders of SP Apparels include promoter Perumal Sundararajan with 49.97%, mutual funds holding 18.43% (led by DSP Small Cap Fund at 8.67%), individual investors at 12.21%, and Foreign Institutional Investors at 1.81%. There are no pledged promoter holdings reported.

The top shareholders of SP Apparels include the promoters, with Perumal Sundararajan holding the highest stake at 49.97%. Additionally, mutual funds collectively hold 18.43% of the shares, with the DSP Small Cap Fund being the largest public shareholder at 8.67%. Foreign Institutional Investors (FIIs) hold a smaller portion, accounting for 1.81%, while individual investors collectively own 12.21% of the company. There are no pledged promoter holdings reported.

Read More

Are SP Apparels latest results good or bad?

15-Aug-2025

SP Apparels' latest results show strong sales growth of 64.46% and a 66.91% increase in profit before tax, indicating improved profitability. However, rising interest expenses and declining cash reserves raise concerns about financial stability, suggesting a mixed overall performance.

SP Apparels' latest results present a mixed picture. On the positive side, the company reported net sales of Rs 403.44 crore, which is a remarkable year-on-year growth of 64.46%. This is the highest quarterly sales figure the company has achieved in the last five quarters, indicating a strong sales trend. Additionally, the profit before tax (PBT) saw a significant increase of 66.91% year-on-year, suggesting improved profitability.<BR><BR>However, there are also notable challenges. The operating profit to interest ratio has declined to its lowest level in five quarters, indicating a reduced ability to manage interest payments. Interest expenses have risen sharply, increasing by 21.57% quarter-on-quarter, which points to higher borrowing costs. Furthermore, cash and cash equivalents have decreased to Rs 41.29 crore, the lowest in the last six half-yearly periods, and the debt-equity ratio has increased to 0.45 times, suggesting a greater reliance on debt.<BR><BR>In summary, while SP Apparels has shown strong sales growth and improved profitability, the rising interest expenses and declining cash reserves raise concerns about financial stability. Overall, the results can be seen as good in terms of sales and profit growth, but the challenges indicate areas that need attention moving forward.

Read More

Is SP Apparels overvalued or undervalued?

09-Oct-2025

As of October 8, 2025, SP Apparels is considered fairly valued with a PE ratio of 17.97, an EV to EBITDA of 10.11, and a ROE of 11.05%, showing a more favorable valuation compared to peers like K P R Mill Ltd and Trident, despite a year-to-date return of -23.63% against the Sensex's 4.65%, while maintaining a positive long-term outlook with a 5-year return of 429.76%.

As of 8 October 2025, the valuation grade for SP Apparels has moved from very attractive to attractive, indicating a shift in its perceived value. The company is currently assessed as fairly valued. Key ratios include a PE ratio of 17.97, an EV to EBITDA of 10.11, and a ROE of 11.05%. <BR><BR>In comparison to its peers, SP Apparels has a more favorable valuation than K P R Mill Ltd, which is considered very expensive with a PE ratio of 43.03, and Trident, which is rated as fair with a PE ratio of 33.06. Despite recent stock performance lagging behind the Sensex, with a year-to-date return of -23.63% compared to the Sensex's 4.65%, the long-term outlook remains positive, especially given the company's impressive 5-year return of 429.76%.

Read More

When is the next results date for SP Apparels?

11-Nov-2025

The next results date for SP Apparels is 14 November 2025.

The next results date for SP Apparels is scheduled for 14 November 2025.

Read More

How has been the historical performance of SP Apparels?

24-Nov-2025

SP Apparels has shown consistent growth in net sales and profits, with net sales increasing from 652.31 crore in March 2021 to 1,395.13 crore in March 2025, and profit after tax rising from 43.17 crore to 95.10 crore in the same period. However, cash flow from operating activities declined, indicating challenges in cash management despite overall financial growth.

Answer:<BR>The historical performance of SP Apparels shows a consistent growth in net sales and profits over the years, with significant increases noted in the most recent fiscal year.<BR><BR>Breakdown:<BR>SP Apparels has demonstrated a strong upward trend in net sales, rising from 652.31 crore in March 2021 to 1,395.13 crore in March 2025. This growth is accompanied by an increase in total operating income, which reached 1,395.13 crore in March 2025, up from 859.43 crore in March 2022. The company's operating profit (PBDIT) also improved, reaching 200.00 crore in March 2025, compared to 105.73 crore in March 2021. Profit before tax increased to 123.22 crore in March 2025 from 59.14 crore in March 2021, while profit after tax rose to 95.10 crore from 43.17 crore in the same period. The earnings per share (EPS) also saw a notable increase, reaching 37.92 in March 2025, up from 16.82 in March 2021. On the balance sheet, total assets grew to 1,456.14 crore in March 2025 from 892.47 crore in March 2020, reflecting a robust expansion in the company's financial position. However, total liabilities also increased, reaching 1,456.14 crore in March 2025, indicating a rise in debt levels, particularly in long-term borrowings. The cash flow from operating activities showed a decline to 44.00 crore in March 2025 from 216.00 crore in March 2023, while the net cash outflow was recorded at -43.00 crore in March 2025, highlighting some challenges in cash management despite the overall growth in revenue and profits.

Read More

Should I buy, sell or hold SP Apparels?

25-Nov-2025

Is SP Apparels technically bullish or bearish?

02-Dec-2025

As of December 1, 2025, SP Apparels is in a mildly bearish trend, indicated by daily moving averages and monthly MACD, despite some weekly bullish signals, and has significantly underperformed compared to the Sensex.

As of 1 December 2025, the technical trend for SP Apparels has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish trend and the monthly MACD showing a mildly bearish signal. The weekly Bollinger Bands are mildly bullish, but the overall monthly indicators, including the KST and Dow Theory, lean towards bearish. The stock has underperformed significantly compared to the Sensex year-to-date and over the past year, further supporting the bearish outlook.

Read More

Why is SP Apparels falling/rising?

04-Dec-2025

As of 04-Dec, SP Apparels Ltd. is facing a stock price decline to Rs 773.90, down -0.69%, with significant underperformance compared to the sector. Despite strong fundamentals and positive long-term growth metrics, waning investor participation and recent price trends indicate a lack of confidence in the stock.

As of 04-Dec, SP Apparels Ltd. is experiencing a decline in its stock price, currently at Rs 773.90, which represents a change of -5.35 (-0.69%). This downward movement is reflected in its performance today, where the stock underperformed the sector by -0.28%. Additionally, the stock touched an intraday low of Rs 757, marking a decrease of -2.86%.<BR><BR>The stock's recent performance over various periods shows a mixed picture. Over the past week, it has decreased by -0.91%, while it has shown a positive return of +8.86% over the past month. However, year-to-date, the stock has fallen by -15.73%, significantly underperforming the Sensex, which has gained +9.12% in the same timeframe. Over the past year, the stock has also declined by -16.87%, contrasting with the Sensex's +5.32% increase.<BR><BR>Investor participation appears to be waning, as evidenced by a significant drop in delivery volume, which fell by -44.08% compared to the 5-day average. Despite the stock being liquid enough for trading, this decrease in participation may indicate a lack of confidence among investors.<BR><BR>On a more positive note, the company has strong fundamentals, including a low Debt to EBITDA ratio of 1.26 times and healthy long-term growth metrics, such as a 21.65% annual growth rate in net sales. However, these positive factors have not been sufficient to counteract the recent price decline, suggesting that market sentiment may currently be more influenced by short-term performance and investor behavior rather than the company's underlying financial health.

Read More
iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

MarketsMojo — Loved in India, Now Global

The power of Mojo is now in 29 countries. Explore global equities with the same cutting-edge features you love.

Dashboard
1

Strong ability to service debt as the company has a low Debt to EBITDA ratio of 1.26 times

 
2

Healthy long term growth as Net Sales has grown by an annual rate of 21.65% and Operating profit at 28.27%

 
3

Positive results in Sep 25

4

With ROCE of 14, it has a Attractive valuation with a 1.8 Enterprise value to Capital Employed

5

High Institutional Holdings at 21.28%

6

Underperformed the market in the last 1 year

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Garments & Apparels

stock-summary
Market cap

INR 1,898 Cr (Small Cap)

stock-summary
P/E

18.00

stock-summary
Industry P/E

22

stock-summary
Dividend Yield

0.26%

stock-summary
Debt Equity

0.40

stock-summary
Return on Equity

12.32%

stock-summary
Price to Book

2.16

Revenue and Profits:
Net Sales:
427 Cr
(Quarterly Results - Sep 2025)
Net Profit:
35 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.26%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
3.32%
0%
3.32%
6 Months
-11.19%
0.24%
-10.95%
1 Year
-18.67%
0.21%
-18.46%
2 Years
22.88%
0.33%
23.21%
3 Years
90.35%
1.54%
91.89%
4 Years
86.64%
1.19%
87.83%
5 Years
428.73%
4.57%
433.3%

Latest dividend: 2 per share ex-dividend date: Aug-25-2025

Risk Adjusted Returns v/s stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions
Announcements stock-summary

Announcement under Regulation 30 (LODR)-Newspaper Publication

28-Nov-2025 | Source : BSE

Company has informed the exchange about the copy of Newspaper Advertisement.

Shareholder Meeting / Postal Ballot-Notice of Postal Ballot

27-Nov-2025 | Source : BSE

We hereby informed and attached the Postal Ballot Notice for the Approval for Appointment of Mr. Srinivas Chidambaram as a Independent Director of the Company.

Announcement under Regulation 30 (LODR)-Earnings Call Transcript

20-Nov-2025 | Source : BSE

Herewith we attached the conference call Transcript for the quarter ended September 30 2025 of the Company.

Corporate Actions stock-summary
stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

SP Apparels Ltd. has declared 20% dividend, ex-date: 25 Aug 25

stock-summary
SPLITS

No Splits history available

stock-summary
BONUS

No Bonus history available

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
21.65%
EBIT Growth (5y)
28.27%
EBIT to Interest (avg)
6.12
Debt to EBITDA (avg)
1.70
Net Debt to Equity (avg)
0.40
Sales to Capital Employed (avg)
1.08
Tax Ratio
26.23%
Dividend Payout Ratio
9.12%
Pledged Shares
0
Institutional Holding
21.28%
ROCE (avg)
13.10%
ROE (avg)
11.83%
Valuation key factors
Factor
Value
P/E Ratio
18
Industry P/E
22
Price to Book Value
2.16
EV to EBIT
13.09
EV to EBITDA
10.36
EV to Capital Employed
1.83
EV to Sales
1.45
PEG Ratio
0.61
Dividend Yield
0.26%
ROCE (Latest)
14.00%
ROE (Latest)
12.32%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
No Trend
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Sep 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 6 Schemes (18.44%)

FIIs

Held by 41 FIIs (1.48%)

Promoter with highest holding

Perumal Sundararajan (49.97%)

Highest Public shareholder

Dsp Small Cap Fund (8.4%)

Individual Investors Holdings

12.46%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Sep'25 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Sep 2025 is 9.21% vs 33.80% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Sep 2025 is 58.13% vs -23.14% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'25",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "427.34",
          "val2": "391.30",
          "chgp": "9.21%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "63.65",
          "val2": "49.68",
          "chgp": "28.12%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "10.32",
          "val2": "10.70",
          "chgp": "-3.55%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "34.71",
          "val2": "21.95",
          "chgp": "58.13%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "14.89%",
          "val2": "12.70%",
          "chgp": "2.19%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2025 is 30.50% vs 17.87% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2025 is 38.49% vs -8.15% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'25",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "830.78",
          "val2": "636.61",
          "chgp": "30.50%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "116.58",
          "val2": "82.68",
          "chgp": "41.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "22.11",
          "val2": "16.01",
          "chgp": "38.10%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "55.41",
          "val2": "40.01",
          "chgp": "38.49%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "14.03%",
          "val2": "12.99%",
          "chgp": "1.04%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 25.71% vs -1.31% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 4.89% vs -1.29% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "995.93",
          "val2": "792.23",
          "chgp": "25.71%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "133.57",
          "val2": "116.99",
          "chgp": "14.17%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "23.80",
          "val2": "15.58",
          "chgp": "52.76%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "64.19",
          "val2": "61.20",
          "chgp": "4.89%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "13.41%",
          "val2": "14.77%",
          "chgp": "-1.36%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2025 is 28.30% vs 0.60% in Mar 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2025 is 6.10% vs 8.65% in Mar 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'25",
        "Mar'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,395.13",
          "val2": "1,087.36",
          "chgp": "28.30%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "187.81",
          "val2": "157.78",
          "chgp": "19.03%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "33.49",
          "val2": "18.70",
          "chgp": "79.09%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "95.15",
          "val2": "89.68",
          "chgp": "6.10%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "13.46%",
          "val2": "14.51%",
          "chgp": "-1.05%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Sep'25 - YoYstock-summary
Sep'25
Sep'24
Change(%)
Net Sales
427.34
391.30
9.21%
Operating Profit (PBDIT) excl Other Income
63.65
49.68
28.12%
Interest
10.32
10.70
-3.55%
Exceptional Items
0.00
0.00
Consolidate Net Profit
34.71
21.95
58.13%
Operating Profit Margin (Excl OI)
14.89%
12.70%
2.19%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in quarter ended Sep 2025 is 9.21% vs 33.80% in Sep 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Sep 2025 is 58.13% vs -23.14% in Sep 2024

Half Yearly Results Snapshot (Consolidated) - Sep'25stock-summary
Sep'25
Sep'24
Change(%)
Net Sales
830.78
636.61
30.50%
Operating Profit (PBDIT) excl Other Income
116.58
82.68
41.00%
Interest
22.11
16.01
38.10%
Exceptional Items
0.00
0.00
Consolidate Net Profit
55.41
40.01
38.49%
Operating Profit Margin (Excl OI)
14.03%
12.99%
1.04%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2025 is 30.50% vs 17.87% in Sep 2024

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2025 is 38.49% vs -8.15% in Sep 2024

Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
995.93
792.23
25.71%
Operating Profit (PBDIT) excl Other Income
133.57
116.99
14.17%
Interest
23.80
15.58
52.76%
Exceptional Items
0.00
0.00
Consolidate Net Profit
64.19
61.20
4.89%
Operating Profit Margin (Excl OI)
13.41%
14.77%
-1.36%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 25.71% vs -1.31% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 4.89% vs -1.29% in Dec 2023

Annual Results Snapshot (Consolidated) - Mar'25stock-summary
Mar'25
Mar'24
Change(%)
Net Sales
1,395.13
1,087.36
28.30%
Operating Profit (PBDIT) excl Other Income
187.81
157.78
19.03%
Interest
33.49
18.70
79.09%
Exceptional Items
0.00
0.00
Consolidate Net Profit
95.15
89.68
6.10%
Operating Profit Margin (Excl OI)
13.46%
14.51%
-1.05%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2025 is 28.30% vs 0.60% in Mar 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2025 is 6.10% vs 8.65% in Mar 2024

stock-summaryCompany CV
About SP Apparels Ltd. stock-summary
stock-summary
SP Apparels Ltd.
Small Cap
Garments & Apparels
S.P. Apparels Limited (SPAL) is one of the leading manufacturers and exporters of knitted garments for infants and children in India. With the large network of factories, the Company serves as a sourcing, manufacturing and supply chain platform with a market growth headed by children and kids wear. The company has integrated manufacturing facilities which provides end-to-end garment manufacturing from greige fabric to finished products.
Company Coordinates stock-summary
Company Details
39-A Extension Street, Kaikattipudur Avinashi Tirupur Tamil Nadu : 641654
stock-summary
Tel: 91-4296-304000
stock-summary
csoffice@s-p-apparels.com
Registrar Details
Link Intime India Pvt Ltd, Coimbatore Branch Surya , 35 Mayflower Avenue, Behind Senthil Nagar, Sowripalayam Road, Coimbatore