ScoreWhy is SP Apparels Ltd. ?
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
- ROCE(HY) Highest at 14.54%
- PAT(Q) At Rs 34.71 cr has Grown at 58.1%
- DEBTORS TURNOVER RATIO(HY) Highest at 6.87 times
4
With ROCE of 14, it has a Attractive valuation with a 1.8 Enterprise value to Capital Employed
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -18.67%, its profits have risen by 28.5% ; the PEG ratio of the company is 0.6
5
High Institutional Holdings at 21.28%
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors.
6
Underperformed the market in the last 1 year
- Even though the market (BSE500) has generated returns of 1.95% in the last 1 year, the stock has hugely underperformed and has generate negative returns of -18.67% returns
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to SP Apparels should be less than 10%
- Overall Portfolio exposure to Garments & Apparels should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Garments & Apparels)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is SP Apparels for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
SP Apparels
-17.37%
-0.36
52.09%
Sensex
4.89%
0.40
11.83%
Quality
Management Risk
Growth
Capital StructureQuality key factors
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%
ValuationValuation 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%
Loading Valuation Snapshot...
TechnicalsTechnical 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
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend23What is working for the Company
ROCE(HY)
Highest at 14.54%
PAT(Q)
At Rs 34.71 cr has Grown at 58.1%
DEBTORS TURNOVER RATIO(HY)
Highest at 6.87 times
NET SALES(Q)
Highest at Rs 427.34 cr
PBDIT(Q)
Highest at Rs 63.65 cr.
OPERATING PROFIT TO NET SALES(Q)
Highest at 14.89%
PBT LESS OI(Q)
Highest at Rs 40.01 cr.
EPS(Q)
Highest at Rs 13.84
-5What is not working for the Company
INTEREST(Latest six months)
At Rs 22.10 cr has Grown at 26.43%
DEBT-EQUITY RATIO(HY)
Highest at 0.45 times
Loading Valuation Snapshot...
Here's what is working for SP Apparels
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 40.01 cr has Grown at 42.99%
Year on Year (YoY)MOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 34.71 cr has Grown at 58.1%
Year on Year (YoY)MOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Net Sales - Quarterly
Highest at Rs 427.34 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 63.65 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Operating Profit Margin - Quarterly
Highest at 14.89%
in the last five quartersMOJO Watch
Company's efficiency has improved
Operating Profit to Sales
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 40.01 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
Highest at Rs 34.71 cr.
in the last five quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 13.84
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)
Debtors Turnover Ratio- Half Yearly
Highest at 6.87 times
in the last five half yearly periodsMOJO Watch
Company has been able to settle its Debtors faster
Debtors Turnover Ratio
Here's what is not working for SP Apparels
Interest - Latest six months
At Rs 22.10 cr has Grown at 26.43%
over previous Half yearly periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
Debt-Equity Ratio - Half Yearly
Highest at 0.45 times
in the last five half yearly periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
Non Operating Income - Quarterly
Highest at Rs 6.80 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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