Results Snapshot
Figures in Cr
Consolidate Nine Monthly Results
Dec'25
Dec'24
Dec'23
Dec'22
Dec'21
Dec'20
Dec'19
Net Sales
2,371.81
2,331.96
1,818.98
2,157.31
1,606.75
1,176.29
1,564.06
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
2,371.81
2,331.96
1,818.98
2,157.31
1,606.75
1,176.29
1,564.06
Raw Material Cost
1,696.58
1,729.14
1,189.34
1,428.94
1,006.88
658.39
903.19
Purchase of Finished goods
0.00
0.00
19.13
114.24
27.86
0.00
0.00
(Increase) / Decrease In Stocks
16.63
-12.16
35.20
-22.63
-8.06
-39.11
-26.18
Employee Cost
74.15
62.20
56.19
54.55
47.73
43.05
42.06
Power Cost
60.45
59.32
72.75
71.86
170.05
297.02
408.11
Manufacturing Expenses
0.00
0.00
0.00
-0.01
0.00
0.00
0.00
Selling and Distribution Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Expenses
269.42
248.85
223.76
207.86
181.21
168.71
160.42
Total Expenditure (Excl Depreciation)
2,117.23
2,087.35
1,596.37
1,854.81
1,425.67
1,128.06
1,487.60
Operating Profit (PBDIT) excl Other Income
254.58
244.61
222.61
302.50
181.08
48.23
76.46
Other Income
47.55
8.86
14.42
15.81
7.09
7.03
4.02
Operating Profit (PBDIT)
302.13
253.47
237.03
318.31
188.17
55.26
80.48
Interest
23.41
43.05
20.99
23.99
12.84
12.67
28.51
Exceptional Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Gross Profit (PBDT)
278.72
210.42
216.04
294.32
175.33
42.59
51.97
Depreciation
33.99
28.40
28.75
33.40
42.57
27.84
23.58
Profit Before Tax
252.30
188.79
192.69
266.16
143.57
14.76
28.41
Tax
93.06
68.94
72.33
4.57
8.65
3.58
2.42
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
151.67
113.08
114.96
256.35
124.11
11.17
25.99
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
151.67
113.08
114.96
256.35
124.11
11.17
25.99
Share in Profit of Associates
30.33
23.14
22.34
18.89
34.07
14.14
11.91
Minority Interest
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
182.00
136.22
137.30
275.24
158.18
25.31
37.90
Equity Capital
203.64
203.64
203.64
203.64
203.64
203.64
203.64
Face Value
10.0
10.0
10.0
10.0
10.0
10.0
10.0
Reserves
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Diluted Earnings per share
2.66
1.89
1.78
4.28
3.65
0.32
0.26
Operating Profit Margin (Excl OI)
10.73%
10.49%
12.24%
14.02%
11.27%
4.1%
4.89%
Gross Profit Margin
11.75%
9.02%
11.88%
13.64%
10.91%
3.62%
3.32%
PAT Margin
6.39%
4.85%
6.32%
11.88%
7.72%
0.95%
1.66%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Nine Monthly Analysis Highlights
Net Sales
YoY Growth in nine months ended Dec 2025 is 1.71% vs 28.20% in Dec 2024
Consolidate Net Profit
YoY Growth in nine months ended Dec 2025 is 33.61% vs -0.79% in Dec 2024
Operating Profit (PBDIT) excl Other Income
YoY Growth in nine months ended Dec 2025 is 4.08% vs 9.88% in Dec 2024
Interest
YoY Growth in nine months ended Dec 2025 is -45.62% vs 105.10% in Dec 2024
Operating Profit Margin (Excl OI)
YoY Growth in nine months ended Dec 2025 has improved from Dec 2024
Compare Nine Monthly Results Of SPIC With
Figures in Cr
Consolidate Nine Monthly Results
Change(INR)
Change(%)
Net Sales
2,371.81
139.30
2,232.51
1,602.66%
Other Operating Income
0.00
0.00
0.00
Total Operating income
2,371.81
139.30
2,232.51
1,602.66%
Raw Material Cost
1,696.58
0.00
1,696.58
Purchase of Finished goods
0.00
91.69
-91.69
-100.00%
(Increase) / Decrease In Stocks
16.63
-2.41
19.04
790.04%
Employee Cost
74.15
25.19
48.96
194.36%
Power Cost
60.45
-6.77
67.22
992.91%
Manufacturing Expenses
0.00
0.00
0.00
Selling and Distribution Expenses
0.00
0.00
0.00
Other Expenses
269.42
30.24
239.18
790.94%
Total Expenditure (Excl Depreciation)
2,117.23
137.94
1,979.29
1,434.89%
Operating Profit (PBDIT) excl Other Income
254.58
1.36
253.22
18,619.12%
Other Income
47.55
1.01
46.54
4,607.92%
Operating Profit (PBDIT)
302.13
2.37
299.76
12,648.10%
Interest
23.41
0.54
22.87
4,235.19%
Exceptional Items
0.00
0.00
0.00
Gross Profit (PBDT)
278.72
1.83
276.89
15,130.60%
Depreciation
33.99
5.77
28.22
489.08%
Profit Before Tax
252.30
-26.50
278.80
1,052.08%
Tax
93.06
0.00
93.06
Provisions and contingencies
0.00
0.00
0.00
Profit After Tax
151.67
-3.93
155.60
3,959.29%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
Net Profit
151.67
-3.93
155.60
3,959.29%
Share in Profit of Associates
30.33
-23.09
53.42
231.36%
Minority Interest
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
Consolidated Net Profit
182.00
-27.02
209.02
773.58%
Equity Capital
203.64
54.01
149.63
277.04%
Face Value
10.00
5.00
0.00
Reserves
0.00
0.00
0.00
Gross Profit Margin
11.75%
1.31%
0.00
10.44%
PAT Margin
6.39%
-2.82%
0.00
9.21%
Public Share Holdings (%)
0.00%
0.00%
0.00
0.00%
Pledged Promotor Holding (%)
0.00%
0.00%
0.00
0.00%
Nine Monthly - Net Sales
Net Sales 2,371.81 Cr
in Dec 2025Figures in Cr
YoY Growth in nine months ended Dec 2025 is 1.71% vs 28.20% in Dec 2024
Nine Monthly - Consolidate Net Profit
Consolidate Net Profit 182.00 Cr
in Dec 2025Figures in Cr
YoY Growth in nine months ended Dec 2025 is 33.61% vs -0.79% in Dec 2024
Nine Monthly - Operating Profit (PBDIT)
Operating Profit (PBDIT) 254.58 Cr
in Dec 2025Figures in Cr
YoY Growth in nine months ended Dec 2025 is 4.08% vs 9.88% in Dec 2024
Nine Monthly - Interest
Interest 23.41 Cr
in Dec 2025Figures in Cr
YoY Growth in nine months ended Dec 2025 is -45.62% vs 105.10% in Dec 2024
Nine Monthly - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 10.73%
in Dec 2025Figures in %
YoY Growth in nine months ended Dec 2025 has improved from Dec 2024






