Spice IslandsInd

Why is Spice Islands Industries Ltd falling/rising?

As of 08-Aug, the stock price of Spice Islands Industries Ltd is rising to 492.90, following a trend reversal after two days of decline. Despite recent short-term volatility, the stock has shown strong long-term performance with a year-to-date increase of +160.63% and a one-year return of +687.13%.

As of 08-Aug, the stock price of Spice Islands Industries Ltd is rising, currently at 492.90, with a change of 3.2 (0.65%) upward. This increase follows a trend reversal, as the stock has gained after two consecutive days of decline. Additionally, the stock has outperformed its sector by 0.28% today, indicating a relative strength compared to its peers.<BR><BR>Despite the recent rise, it is important to note that the stock has experienced a decline over the past week and month, with returns of -0.81% and -1.94%, respectively. However, the year-to-date performance is significantly positive at +160.63%, and the one-year return is exceptionally high at +687.13%. This long-term growth may contribute to investor confidence, even amidst short-term fluctuations.<BR><BR>The stock's moving averages indicate that it is currently higher than the 50-day, 100-day, and 200-day moving averages, which is generally a positive sign. However, it is lower than the 5-day and 20-day moving averages, suggesting some recent volatility. Furthermore, there has been a decline in investor participation, with delivery volume falling by 16.5% compared to the 5-day average, which could indicate a cautious sentiment among investors.<BR><BR>Overall, the combination of a recent upward movement after a decline, strong long-term performance, and current outperformance against the sector contributes to the stock's rising price.

Which are the latest news on Spice IslandsInd?

How big is Spice IslandsInd?

Summary could not be generated.

As of 10th June, Spice Islands Industries Ltd has a market capitalization of 194.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 17.82 Cr and a Net Profit of 1.74 Cr.<BR><BR>The reporting period for the balance sheet is the latest annual period. However, data for Shareholder's Funds and Total Assets is unavailable.

Who are in the management team of Spice IslandsInd?

The management team of Spice IslandsInd includes Umesh Katre (Chairman & Non-Executive Director), Nilesh Shevade (Independent Director), Shikha Sethia Bhura (Additional Director), Shivanand R Hemmady (Additional Director), and Sandeep Jamnadas Merchant (Whole-Time Director & Additional Director).

The management team of Spice IslandsInd includes the following individuals:<BR><BR>1. **Umesh Katre** - Chairman & Non-Executive Director<BR>2. **Nilesh Shevade** - Independent Director<BR>3. **Shikha Sethia Bhura** - Additional Director<BR>4. **Shivanand R Hemmady** - Additional Director<BR>5. **Sandeep Jamnadas Merchant** - Whole-Time Director & Additional Director<BR><BR>If you need more details about their roles or the company, feel free to ask!

Who are the peers of the Spice IslandsInd?

Peers of Spice IslandsInd include Uday Jewellery, Manbro Indust., Golkunda Diamond, Mini Diamonds(I), Ausom Enter., Goldkart Jewels, Pushpa Jewellers, and Divine Hira Jew. Spice IslandsInd leads in 1-year returns at 815.27%, while Mini Diamonds(I) has the lowest at -64.80%.

Peers: The peers of Spice IslandsInd are Uday Jewellery, Manbro Indust., Golkunda Diamond, Mini Diamonds(I), Ausom Enter., Goldkart Jewels, Pushpa Jewellers, and Divine Hira Jew.<BR><BR>Quality Snapshot: Excellent management risk is observed at Pushpa Jewellers, while Good management risk is found at Golkunda Diamond and Divine Hira Jew. Average management risk is present at Uday Jewellery, Spice IslandsInd, Ausom Enter., and the rest. Below Average management risk is noted at Mini Diamonds(I) and Goldkart Jewels. For growth, Excellent growth is seen at Uday Jewellery and Pushpa Jewellers, while Average growth is present at Spice IslandsInd and Golkunda Diamond. Below Average growth is noted at Manbro Indust. and Ausom Enter., while Good growth is observed at Mini Diamonds(I). Capital Structure ratings show Good at Manbro Indust. and Divine Hira Jew, Average at Uday Jewellery, Spice IslandsInd, Golkunda Diamond, and Ausom Enter., and Below Average at Mini Diamonds(I) and Goldkart Jewels.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Spice IslandsInd at 815.27%, while the lowest is Mini Diamonds(I) at -64.80%. Spice IslandsInd's return significantly outperforms all peers. Additionally, Mini Diamonds(I) and Ausom Enter. have negative six-month returns.

What does Spice IslandsInd do?

Spice Islands Industries Ltd trades in branded packaged beverages, offers hospitality services, and rents electric two-wheelers, operating in the Gems, Jewellery and Watches industry. As of March 2026, it reported net sales of 11 Cr and a net profit of 3 Cr, with a market cap of INR 194 Cr.

Overview:<BR>Spice Islands Industries Ltd is primarily engaged in the trading of branded packaged beverages, hospitality services, and renting of electric two-wheelers, operating within the Gems, Jewellery and Watches industry as a micro-cap company.<BR><BR>History:<BR>The company was incorporated on December 28, 1988, initially as a private limited company and later converted into a public limited company on October 6, 1994. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 11 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 3 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 194 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 33.00<BR>- Industry P/E: 23<BR>- Dividend Yield: 0.22%<BR>- Debt Equity: -0.27<BR>- Return on Equity: 40.37%<BR>- Price to Book: 13.86<BR><BR>Contact Details:<BR>- Address: Unit 43-48 Bhandup Indl Estate, L B S Marg Bhandup(W) Mumbai Maharashtra : 400078<BR>- Tel: 91-22-25968069/65078883<BR>- Email: sales@spiceislandsindia.com<BR>- Website: http://www.spiceislandsindia.com

Should I buy, sell or hold Spice Islands Industries Ltd?

When is the next results date for Spice Islands Industries Ltd?

The next results date for Spice Islands Industries Ltd is 29 May 2026.

The next results date for Spice Islands Industries Ltd is scheduled for 29 May 2026.

Are Spice Islands Industries Ltd latest results good or bad?

The latest results for Spice Islands Industries Ltd are concerning, showing a 75.23% decline in net profit and a 34.98% drop in revenue year-on-year, alongside significant operational challenges reflected in a reduced operating margin and negative return on capital employed. Overall, these metrics indicate a deteriorating financial health and operational inefficiencies, characterizing the results as bad.

The latest results for Spice Islands Industries Ltd are concerning and indicate a significant decline in performance. In Q3 FY26, the company reported a net profit of ₹0.27 crore, which is a staggering 75.23% decrease year-on-year. Revenue also fell sharply to ₹4.61 crore, down 34.98% from the previous year. <BR><BR>Moreover, the operating margin has contracted dramatically to 6.70%, down from 20.29% a year ago, reflecting serious operational challenges. The company's return on equity (ROE) is also troubling, averaging just 5.08%, while the return on capital employed (ROCE) is negative, averaging -48.65%. <BR><BR>Despite a substantial increase in stock price over the past year, these financial metrics reveal a stark disconnect between the stock's performance and the underlying business fundamentals. The company is facing significant challenges in its core garment manufacturing business, particularly in export markets, which raises serious questions about its future viability.<BR><BR>Overall, the results can be characterized as bad, with deteriorating financial health and operational inefficiencies that need urgent attention.

How has been the historical performance of Spice IslandsInd?

Spice IslandsInd exhibited consistent growth from 2008 to 2010, with net sales increasing from 13.37 Cr to 20.39 Cr, and profit before tax rising from 1.66 Cr to 3.94 Cr. Key financial metrics, including operating profit and cash flow, also showed significant improvement during this period.

Answer:<BR>The historical performance of Spice IslandsInd shows a consistent growth trend in net sales and profitability over the years from 2008 to 2010.<BR><BR>Breakdown:<BR>Spice IslandsInd's net sales increased from 13.37 Cr in March 2008 to 20.39 Cr in March 2010, reflecting a strong upward trajectory. The total operating income mirrored this growth, rising from 13.37 Cr in March 2008 to 20.39 Cr in March 2010. The company faced rising raw material costs, which grew from 3.78 Cr in March 2008 to 6.62 Cr in March 2010, but managed to maintain a positive operating profit (PBDIT), which increased from 2.03 Cr in March 2008 to 4.34 Cr in March 2010. Profit before tax also showed significant improvement, climbing from 1.66 Cr in March 2008 to 3.94 Cr in March 2010, while profit after tax rose from 1.86 Cr to 3.33 Cr in the same period. The earnings per share (EPS) reflected this profitability growth, increasing from 4.34 in March 2008 to 7.74 in March 2010. Cash flow from operating activities also improved, reaching 4.04 Cr in March 2010, up from 2.91 Cr in March 2008, indicating a healthy cash position with closing cash and cash equivalents rising from 2.09 Cr in March 2008 to 6.51 Cr in March 2010. Overall, the financial metrics demonstrate a robust performance trajectory for Spice IslandsInd over the analyzed period.

Who are the top shareholders of the Spice IslandsInd?

The top shareholder of Spice IslandsInd is Fotoset Trading Private Limited, holding 62.5% of the shares. Individual investors own 31.89%, while the highest public shareholder, Mahendra Girdharilal, has 2.69%.

The top shareholders of Spice IslandsInd are primarily the promoters, with Fotoset Trading Private Limited holding the largest share at 62.5%. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares. The highest public shareholder is Mahendra Girdharilal, who owns 2.69%. Additionally, individual investors collectively hold 31.89% of the shares.

Is Spice IslandsInd overvalued or undervalued?

As of June 11, 2024, Spice IslandsInd is rated as risky and appears overvalued with a PE ratio of 19.78 and negative EV to EBITDA, while its recent stock performance has declined by 4.33%, contrasting with a 1.39% gain in the Sensex.

As of 11 June 2024, the valuation grade for Spice IslandsInd has moved from does not qualify to risky. Based on the analysis, the company appears to be overvalued. The PE ratio stands at 19.78, while the EV to EBITDA is at -21.36, indicating significant concerns regarding profitability. Additionally, the PEG ratio is notably low at 0.36, which typically suggests undervaluation, but in this context, it reflects the company's financial instability.<BR><BR>When compared to peers, Spice IslandsInd's valuation metrics are concerning. For instance, K P R Mill Ltd, categorized as very expensive, has a PE ratio of 47.51, while Trident, which is considered fair, has a PE of 42.6. This stark contrast highlights that Spice IslandsInd is not only struggling with negative financial ratios but is also lagging behind its competitors in terms of valuation. Furthermore, the company's recent stock performance shows a decline of 4.33% over the past week, contrasting with a 1.39% gain in the Sensex, which reinforces the notion of overvaluation amidst a broader market context.

What is the technical trend for Spice IslandsInd?

As of June 6, 2025, Spice IslandsInd's trend has shifted to sideways with mixed signals: while the weekly MACD is bullish and Bollinger Bands indicate potential upward volatility, daily moving averages and other indicators suggest a lack of clear direction.

As of 6 June 2025, the technical trend for Spice IslandsInd has changed from mildly bullish to sideways. The current stance is neutral, with mixed signals across different time frames. The weekly MACD is bullish, while the monthly MACD is mildly bearish, indicating divergence in momentum. The Bollinger Bands are bullish on both weekly and monthly charts, suggesting potential upward volatility. However, daily moving averages are mildly bearish, and both the weekly and monthly KST and Dow Theory indicators are also mildly bearish. The RSI shows no signals in both time frames, reflecting indecision in the market. Overall, the indicators suggest a lack of clear direction, reinforcing the sideways trend.

Has Spice IslandsInd declared dividend?

Yes, Spice Islands Industries Ltd has declared a 7% dividend, amounting to 0.8000 per share, with an ex-date of September 15, 2016. However, there has been no dividend return in recent periods, as indicated by a consistent 0% yield, despite significant total returns over longer time frames.

Yes, Spice Islands Industries Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 7%<BR>- Amount per share: 0.8000<BR>- Ex-date: 15 Sep 16<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>Over the 6-month period, the price return was -9.44%, the dividend return was 0%, resulting in a total return of -9.44%.<BR><BR>In the 1-year period, the price return was -7.61%, the dividend return was 0%, leading to a total return of -7.61%.<BR><BR>For the 2-year period, the price return was 105.83%, the dividend return was 0%, which resulted in a total return of 105.83%.<BR><BR>During the 3-year period, the price return was 298.26%, the dividend return was 0%, culminating in a total return of 298.26%.<BR><BR>In the 4-year period, the price return was 805.21%, the dividend return was 0%, resulting in a total return of 805.21%.<BR><BR>Over the 5-year period, the price return was 353.08%, the dividend return was 0%, leading to a total return of 353.08%.<BR><BR>Overall, while Spice Islands Industries Ltd has declared a dividend, it has not provided any dividends in recent periods, as indicated by the consistent 0% dividend return across all time frames. The total returns show significant growth over longer periods, particularly in the 2-year to 5-year spans, despite the lack of dividends.