SPL Industries Faces Declining Sales and Profit Amidst Rising Promoter Confidence

SPL Industries, a microcap player in the Garments & Apparels industry, has recently undergone an adjustment in its evaluation, reflecting the company's ongoing challenges. The latest financial data indicates a very negative performance for the quarter ending June 2025, with a significant decline in operating profit and net sales over the past five years. Specifically, net sales have contracted at an annual rate of 4.86%, while operating profit has seen a more pronounced drop of 48.56%.
The company's recent quarterly results show a fall in profit after tax (PAT) to Rs 0.91 crore, marking a decline of 64.7%. Additionally, the return on capital employed (ROCE) has reached a low of 7.00%, and cash and cash equivalents stand at Rs 17.36 crore, the lowest in half-year assessments.

Despite these challenges, there has been a notable increase in promoter confidence, with a 6.04% rise in stake, bringing their total ownership to 74.97%. This shift may suggest a belief in the company's long-term potential, even as it faces significant hurdles in both short-term and long-term performance metrics.

Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.