SPL Industries

Why is SPL Industries Ltd falling/rising?

As of 02-Aug, SPL Industries Ltd's stock price has slightly increased to 30.38, but it faces significant challenges, including a 1-year return of -27.53% and negative earnings, indicating a bearish trend and lack of investor confidence.

As of 02-Aug, SPL Industries Ltd is experiencing a slight increase in stock price, currently at 30.38, with a change of 0.12 (0.4%) upward. However, despite this minor rise, the overall performance indicators suggest significant underlying issues contributing to a longer-term decline in the stock's value. <BR><BR>The stock has underperformed against the benchmark, with a 1-year return of -27.53%, compared to the Sensex's -3.81%. Over the past three years, the stock has consistently underperformed, with a staggering -52.48% return, while the benchmark has gained 17.39%. This consistent underperformance indicates a lack of investor confidence and suggests that the stock is not keeping pace with market expectations.<BR><BR>Financially, the company is facing challenges, including operating losses and a negative EBITDA of Rs. -8.17 cr. The net sales for the most recent quarter have fallen by -24.22%, and cash and cash equivalents are at their lowest point of Rs 10.48 cr. Additionally, the company's return on equity is low at 7.97%, indicating weak profitability. <BR><BR>Investor participation has also declined, with delivery volume dropping by -76.63% against the 5-day average, further signaling a lack of interest in the stock. Although the stock is currently trading above its 100-day moving average, it remains below the 5-day, 20-day, 50-day, and 200-day moving averages, which suggests a bearish trend.<BR><BR>In summary, while there is a slight uptick in the stock price today, the broader context of declining sales, negative earnings, and consistent underperformance against benchmarks indicates that SPL Industries Ltd is facing significant challenges that could lead to further declines in the future.

Which are the latest news on SPL Industries?

Should I buy, sell or hold SPL Industries Ltd?

Who are in the management team of SPL Industries?

The management team of SPL Industries includes Mukesh Kumar Aggarwal (Chairman & Managing Director), Vijay Kumar Jindal (Whole-time Director), Shashi Agarwal (Executive Director), Vishal Srivastava (Company Secretary & Compliance Officer), and independent directors Vikash Jalan, Varun Bansal, and Sudeepta Ranjan Rout. They oversee the company's operations and strategic direction.

The management team of SPL Industries includes the following individuals:<BR><BR>1. **Mukesh Kumar Aggarwal** - Chairman & Managing Director<BR>2. **Vijay Kumar Jindal** - Whole-time Director<BR>3. **Shashi Agarwal** - Executive Director<BR>4. **Vishal Srivastava** - Company Secretary & Compliance Officer<BR>5. **Vikash Jalan** - Independent Director<BR>6. **Varun Bansal** - Independent Director<BR>7. **Sudeepta Ranjan Rout** - Independent Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

Who are the peers of the SPL Industries?

SPL Industries' peers include Rel. Chemotex, Acknit Indus., Nagreeka Exports, Digjam, Deepak Spinners, Fiberweb (India), Kaytex Fabrics, and Ken Enter. In terms of management risk, SPL Industries and several peers have below-average ratings, while Acknit Indus. leads in 1-year returns at 11.92%, and SPL Industries has a return of -25.60%.

Peers: The peers of SPL Industries are Rel. Chemotex, Acknit Indus., Nagreeka Exports, Digjam, Deepak Spinners, Fiberweb (India), Kaytex Fabrics, and Ken Enter.<BR><BR>Quality Snapshot: Excellent management risk is observed at Kaytex Fabrics, while Average management risk is found at Acknit Indus., Deepak Spinners, Fiberweb (India), and Ken Enter., and the rest. Below Average management risk is noted at Rel. Chemotex, Digjam, and SPL Industries, and the rest. For Growth, Good growth is seen at Nagreeka Exports and Kaytex Fabrics, while Below Average growth is present at Rel. Chemotex, Acknit Indus., Digjam, SPL Industries, Deepak Spinners, Fiberweb (India), and the rest. In terms of Capital Structure, Excellent capital structure is noted at SPL Industries and Fiberweb (India), Good capital structure is found at Deepak Spinners and Kaytex Fabrics, while Below Average capital structure is observed at Rel. Chemotex, Acknit Indus., Nagreeka Exports, Digjam, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Acknit Indus. at 11.92%, while Fiberweb (India) has the lowest at -47.12%. SPL Industries' 1-year return is -25.60%, which is higher than Fiberweb (India) but lower than Acknit Indus. Additionally, the peers with negative six-month returns include Rel. Chemotex, Nagreeka Exports, Digjam, Deepak Spinners, Fiberweb (India), and SPL Industries.

What does SPL Industries do?

SPL Industries Ltd is a micro-cap manufacturer and exporter of knitted fabric and garments, originally incorporated in 1991. As of March 2026, it reported net sales of ₹23 Cr and a net profit of ₹4 Cr, with a market cap of ₹87 Cr.

Overview:<BR>SPL Industries Ltd is a leading manufacturer and exporter of knitted fabric and garments in the Garments & Apparels industry, categorized as a Micro Cap company.<BR><BR>History:<BR>SPL Industries Ltd was originally incorporated on December 6, 1991, as Shivalik Prints Pvt Ltd. The company changed its name to SPL Industries Limited in 1994. The latest quarterly results reported net sales and profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 23 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 4 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 87 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 12.00<BR>- Industry P/E: 23<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: -0.37<BR>- Return on Equity: 3.26%<BR>- Price to Book: 0.40<BR><BR>Contact Details:<BR>Address: Office No 202 IInd Floor, Vikramaditya Tower Kalkaji New Delhi New Delhi: 0<BR>Email: cs@spllimited.com<BR>Website: http://www.spllimited.com

Are SPL Industries Ltd latest results good or bad?

SPL Industries Ltd's latest results show a net profit increase of 66.39% to ₹3.96 crores, but a concerning 24.22% year-on-year revenue decline and heavy reliance on non-operating income indicate underlying operational struggles. Investors should be cautious, as the sustainability of earnings is questionable.

The latest results for SPL Industries Ltd present a mixed picture. On one hand, the company reported a net profit of ₹3.96 crores for Q4 FY26, which is a significant increase of 66.39% compared to the previous quarter. This marks the highest quarterly profit in recent times. Additionally, the profit after tax (PAT) margin improved to 17.01%, up from 9.57% year-on-year.<BR><BR>However, the underlying operational performance raises serious concerns. The company experienced a substantial revenue decline of 24.22% year-on-year, with net sales dropping to ₹23.28 crores. While there was a sequential improvement of 58.91% from the previous quarter, this is largely seen as a recovery from a particularly weak period rather than a sign of sustainable growth.<BR><BR>A critical issue is the company's heavy reliance on non-operating income, which accounted for ₹5.79 crores, representing 130.11% of profit before tax. This indicates that the core business is struggling to generate profits from its primary operations, as the operating profit (excluding other income) was negative at ₹0.05 crores.<BR><BR>Overall, while the profit figures may seem positive at first glance, they are not reflective of a healthy operational state. The persistent revenue decline and dependence on non-operating income suggest that the company's financial health is precarious. Investors should approach these results with caution, as the sustainability of earnings remains questionable.

When is the next results date for SPL Industries Ltd?

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

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

How has been the historical performance of SPL Industries?

SPL Industries experienced a significant decline in net sales and profitability from 2009 to 2011, with net sales dropping from 369.07 Cr to 158.37 Cr and operating profit turning negative, resulting in increased losses before and after tax. Overall, the company's financial performance deteriorated markedly during this period.

Answer:<BR>The historical performance of SPL Industries shows a declining trend in net sales and profitability over the years from 2009 to 2011.<BR><BR>Breakdown:<BR>SPL Industries experienced a significant decrease in net sales, dropping from 369.07 Cr in March 2009 to 158.37 Cr in March 2011. Total operating income followed a similar trend, declining from 369.76 Cr in March 2009 to 158.99 Cr in March 2011. The raw material cost also decreased from 177.69 Cr in March 2009 to 69.74 Cr in March 2011, while total expenditure (excluding depreciation) fell from 334.20 Cr to 212.68 Cr during the same period. However, despite the reduction in costs, the operating profit (PBDIT) turned negative, going from a profit of 35.57 Cr in March 2009 to a loss of 53.69 Cr in March 2011. Consequently, profit before tax and profit after tax also worsened, with losses increasing from -15.24 Cr and -14.31 Cr in March 2009 to -68.54 Cr and -70.09 Cr in March 2011, respectively. The earnings per share reflected this decline, falling from -4.94 in March 2009 to -24.17 in March 2011. Overall, the company's financial performance deteriorated significantly over the three years, indicating challenges in maintaining profitability and revenue generation.

Is SPL Industries overvalued or undervalued?

As of August 14, 2025, SPL Industries is considered overvalued and risky, with poor financial ratios and a significant underperformance of -40.81% year-to-date compared to the Sensex's 3.15%.

As of 14 August 2025, SPL Industries has moved from a fair to a risky valuation grade. The company is currently considered overvalued based on its financial ratios and peer comparisons. Key ratios include a PE Ratio of 12.66, an EV to EBITDA of 31.99, and a Price to Book Value of 0.49, which indicate that the company is not performing well in comparison to its peers.<BR><BR>In the peer comparison, K P R Mill Ltd is categorized as very expensive with a PE Ratio of 39.62, while Trident is considered fair with a PE Ratio of 32.66. SPL Industries' low ROCE of 0.62% and ROE of 3.89% further underscore its underperformance relative to industry standards. Additionally, the company's stock has significantly underperformed the Sensex, with a YTD return of -40.81% compared to the Sensex's 3.15%, reinforcing the notion that SPL Industries is currently overvalued.

What is the technical trend for SPL Industries?

As of May 12, 2025, SPL Industries exhibits a mildly bearish technical trend, with mixed signals from MACD, moving averages, and Bollinger Bands across different time frames.

As of 12 May 2025, the technical trend for SPL Industries has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish. The daily moving averages are also mildly bearish, and the Bollinger Bands on both weekly and monthly time frames show a bearish trend. The KST is mildly bullish on the weekly but bearish on the monthly, and the Dow Theory reflects a mildly bearish trend on the weekly with no trend on the monthly. Overall, the current technical stance is mildly bearish, influenced primarily by the daily moving averages and the Bollinger Bands.

how big is SPL Industries?

As of October 2023, SPL Industries Ltd has a market capitalization of 108.32 Cr, with recent net sales totaling 139.42 Cr and net profit of 9.79 Cr over the last four quarters.

Market Cap: SPL Industries Ltd has a market capitalization of 108.32 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters, which includes Mar'25, Dec'24, Sep'24, and Jun'24, is 139.42 Cr. The sum of Net Profit for the same quarters is 9.79 Cr. This data is presented on a Standalone basis.<BR><BR>Balance Sheet Snapshot: This is a Consolidated balance sheet snapshot for the latest annual period ending in Mar'11. Shareholder's Funds are reported at 41.73 Cr, and Total Assets amount to 163.85 Cr.

Who are the top shareholders of the SPL Industries?

The top shareholders of SPL Industries include Kiran Aggarwal, who holds 22.87%, followed by Ankit Aggarwal with 6.04%. Individual investors collectively own 28.03%, and there is one foreign institutional investor holding 0.13%.

The top shareholders of SPL Industries include the promoters, with Kiran Aggarwal holding the largest stake at 22.87%. The company does not have any pledged promoter holdings. In terms of public shareholders, Ankit Aggarwal is the highest with a holding of 6.04%. Additionally, individual investors collectively hold 28.03% of the shares. There is also one foreign institutional investor (FII) that holds 0.13% of the shares.

Has SPL Industries declared dividend?

SPL Industries Ltd has declared a 10% dividend, amounting to 1.0000 per share, with an ex-date of September 14, 2007. However, the current dividend yield is 0%, and the company has experienced significant negative returns over most periods, with only a positive return in the 5-year period.

SPL Industries Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1.0000<BR>- Ex-date: Sep-14-2007<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -43.18%, the dividend return was 0%, resulting in a total return of -43.18%.<BR><BR>In the 1-year period, the price return was -35.32%, the dividend return was 0%, resulting in a total return of -35.32%.<BR><BR>In the 2-year period, the price return was -40.8%, the dividend return was 0%, resulting in a total return of -40.8%.<BR><BR>In the 3-year period, the price return was -28.99%, the dividend return was 0%, resulting in a total return of -28.99%.<BR><BR>In the 4-year period, the price return was -20.95%, the dividend return was 0%, resulting in a total return of -20.95%.<BR><BR>In the 5-year period, the price return was 45.05%, the dividend return was 0%, resulting in a total return of 45.05%.<BR><BR>Overall, while SPL Industries declared a dividend in the past, the current dividend yield is 0%, indicating no recent dividends have been paid. The total returns over various periods show significant negative returns in the short term, with a positive return only in the 5-year period, suggesting volatility in the company's performance.