SP Apparels

how big is SP Apparels?

As of Jun 06, SP Apparels Ltd. has a market capitalization of 2,086.70 Cr, classifying it as a Small Cap company, with recent net sales of 1,395.14 Cr and a net profit of 94.60 Cr. Shareholder's funds are 763.64 Cr, and total assets amount to 1,141.64 Cr.

Market Cap: <BR>As of Jun 06, SP Apparels Ltd. has a market capitalization of 2,086.70 Cr, classifying it as a Small Cap company.<BR><BR>Recent Quarterly Performance: <BR>For the latest 4 quarters, SP Apparels reported a sum of Net Sales of 1,395.14 Cr and a sum of Net Profit of 94.60 Cr. This data is on a Consolidated basis.<BR><BR>Balance Sheet Snapshot: <BR>This is also Consolidated data for the latest annual period ending Mar'24. Shareholder's Funds are reported at 763.64 Cr, while Total Assets amount to 1,141.64 Cr.

Who are in the management team of SP Apparels?

As of March 2022, the management team of SP Apparels includes P Sundarajan (Chairman & Managing Director), S Latha (Executive Director), S Chenduran (Joint Managing Director), and several Non-Executive & Independent Directors, among others. They are responsible for the company's governance and management.

As of March 2022, the management team of SP Apparels includes the following individuals:<BR><BR>1. P Sundarajan - Chairman & Managing Director<BR>2. S Latha - Executive Director<BR>3. S Chenduran - Joint Managing Director<BR>4. V Sakthivel - Non-Executive & Independent Director<BR>5. A S Anand Kumar - Non-Executive & Independent Director<BR>6. K Vinodhini - Company Secretary & Compliance Officer<BR>7. C R Rajagopal - Non-Executive & Independent Director<BR>8. H Lakshmi Priya - Non-Executive & Independent Director<BR>9. S Shantha - Joint Managing Director<BR><BR>These individuals play key roles in the governance and management of the company.

What does SP Apparels do?

SP Apparels Ltd. is a leading manufacturer and exporter of knitted garments for infants and children, with a market cap of Rs 2,096 Cr. As of March 2025, it reported net sales of 399 Cr and a net profit of 30 Cr.

Overview:<BR>SP Apparels Ltd. is a leading manufacturer and exporter of knitted garments for infants and children, operating in the Garments & Apparels industry within the Small Cap market-cap bracket.<BR><BR>History:<BR>SP Apparels Ltd. was incorporated in an unspecified year and has maintained its status as a prominent player in the children's wear segment. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 399 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 30 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 2,096 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 23.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.40 <BR>Return on Equity: 11.05% <BR>Price to Book: 2.50<BR><BR>Contact Details:<BR>Address: 39-A Extension Street, Kaikattipudur Avinashi Tirupur Tamil Nadu : 641654 <BR>Tel: 91-4296-304000 <BR>Email: csoffice@s-p-apparels.com <BR>Website: http://www.spapparels.com

Has SP Apparels declared dividend?

Yes, SP Apparels Ltd. has declared a 30% dividend, amounting to ₹3 per share, with an ex-date of September 15, 2023. Despite this, the dividend yield is 0%, but the company has shown strong total returns over longer periods.

SP Apparels Ltd. has declared a 30% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 30%<BR>- Amount per share: 3 per share<BR>- Ex-date: 15 Sep 23<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -9.66%, the dividend return was 0%, resulting in a total return of -9.66%.<BR><BR>Over the past year, the price return was 41.41%, with a dividend return of 0%, leading to a total return of 41.41%.<BR><BR>In the 2-year period, the price return was 98.42%, the dividend return was 0.71%, which resulted in a total return of 99.13%.<BR><BR>For the 3-year period, the price return was 144.62%, the dividend return was 0.84%, culminating in a total return of 145.46%.<BR><BR>In the 4 years, the price return was 249.31%, with a dividend return of 2.32%, giving a total return of 251.63%.<BR><BR>Finally, in the 5-year span, the price return was 1070.74%, the dividend return was 6.48%, resulting in a total return of 1077.22%.<BR><BR>Overall, SP Apparels has declared a dividend, but the dividend yield remains at 0%. The total returns over various periods indicate strong performance, particularly over the longer term, despite a recent decline in the short term.

Who are the peers of the SP Apparels?

SP Apparels' peers include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Shankara Build., Sai Silks, Cantabil Retail, and Baazar Style. SP Apparels has a good management risk and a 1-year return of 45.44%, outperforming its peers, with Page Industries showing the highest return at 26.58% and Vedant Fashions the lowest at -24.65%.

Peers: The peers of SP Apparels are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Shankara Build., Sai Silks, Cantabil Retail, and Baazar Style.<BR><BR>Quality Snapshot: Excellent management risk is observed at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good management risk is found at SP Apparels and Trent. Average management risk is noted at Trident, Shankara Build., Sai Silks, and Cantabil Retail, and Below Average management risk is seen at Baazar Style. In terms of growth, Excellent growth is seen at Sai Silks, while Good growth is noted at K P R Mill Ltd and SP Apparels, and Below Average growth is found at Page Industries, Vedant Fashions, Trident, and the rest. For capital structure, Excellent capital structure is observed at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good capital structure is noted at SP Apparels, Trent, Shankara Build., Sai Silks, and the rest, and Below Average capital structure is seen at Baazar Style.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Page Industries at 26.58%, while the peer with the lowest is Vedant Fashions at -24.65%. SP Apparels has a 1-year return of 45.44%, which is significantly higher than both of these peers. Additionally, the peers with negative six-month returns include Vedant Fashions, Trident, Sai Silks, Baazar Style, and Himatsing. Seide.

Who are the top shareholders of the SP Apparels?

The top shareholders of SP Apparels include promoter Perumal Sundararajan with 49.97%, mutual funds holding 18.43% (led by DSP Small Cap Fund at 8.67%), individual investors at 12.21%, and Foreign Institutional Investors at 1.81%. There are no pledged promoter holdings reported.

The top shareholders of SP Apparels include the promoters, with Perumal Sundararajan holding the highest stake at 49.97%. Additionally, mutual funds collectively hold 18.43% of the shares, with the DSP Small Cap Fund being the largest public shareholder at 8.67%. Foreign Institutional Investors (FIIs) hold a smaller portion, accounting for 1.81%, while individual investors collectively own 12.21% of the company. There are no pledged promoter holdings reported.

Is SP Apparels overvalued or undervalued?

As of October 8, 2025, SP Apparels is considered fairly valued with a PE ratio of 17.97, an EV to EBITDA of 10.11, and a ROE of 11.05%, showing a more favorable valuation compared to peers like K P R Mill Ltd and Trident, despite a year-to-date return of -23.63% against the Sensex's 4.65%, while maintaining a positive long-term outlook with a 5-year return of 429.76%.

As of 8 October 2025, the valuation grade for SP Apparels has moved from very attractive to attractive, indicating a shift in its perceived value. The company is currently assessed as fairly valued. Key ratios include a PE ratio of 17.97, an EV to EBITDA of 10.11, and a ROE of 11.05%. <BR><BR>In comparison to its peers, SP Apparels has a more favorable valuation than K P R Mill Ltd, which is considered very expensive with a PE ratio of 43.03, and Trident, which is rated as fair with a PE ratio of 33.06. Despite recent stock performance lagging behind the Sensex, with a year-to-date return of -23.63% compared to the Sensex's 4.65%, the long-term outlook remains positive, especially given the company's impressive 5-year return of 429.76%.

How has been the historical performance of SP Apparels?

SP Apparels has shown consistent growth in net sales and profits, with net sales increasing from 652.31 crore in March 2021 to 1,395.13 crore in March 2025, and profit after tax rising from 43.17 crore to 95.10 crore in the same period. However, cash flow from operating activities declined, indicating challenges in cash management despite overall financial growth.

Answer:<BR>The historical performance of SP Apparels shows a consistent growth in net sales and profits over the years, with significant increases noted in the most recent fiscal year.<BR><BR>Breakdown:<BR>SP Apparels has demonstrated a strong upward trend in net sales, rising from 652.31 crore in March 2021 to 1,395.13 crore in March 2025. This growth is accompanied by an increase in total operating income, which reached 1,395.13 crore in March 2025, up from 859.43 crore in March 2022. The company's operating profit (PBDIT) also improved, reaching 200.00 crore in March 2025, compared to 105.73 crore in March 2021. Profit before tax increased to 123.22 crore in March 2025 from 59.14 crore in March 2021, while profit after tax rose to 95.10 crore from 43.17 crore in the same period. The earnings per share (EPS) also saw a notable increase, reaching 37.92 in March 2025, up from 16.82 in March 2021. On the balance sheet, total assets grew to 1,456.14 crore in March 2025 from 892.47 crore in March 2020, reflecting a robust expansion in the company's financial position. However, total liabilities also increased, reaching 1,456.14 crore in March 2025, indicating a rise in debt levels, particularly in long-term borrowings. The cash flow from operating activities showed a decline to 44.00 crore in March 2025 from 216.00 crore in March 2023, while the net cash outflow was recorded at -43.00 crore in March 2025, highlighting some challenges in cash management despite the overall growth in revenue and profits.

Is SP Apparels technically bullish or bearish?

As of December 1, 2025, SP Apparels is in a mildly bearish trend, indicated by daily moving averages and monthly MACD, despite some weekly bullish signals, and has significantly underperformed compared to the Sensex.

As of 1 December 2025, the technical trend for SP Apparels has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish trend and the monthly MACD showing a mildly bearish signal. The weekly Bollinger Bands are mildly bullish, but the overall monthly indicators, including the KST and Dow Theory, lean towards bearish. The stock has underperformed significantly compared to the Sensex year-to-date and over the past year, further supporting the bearish outlook.

When is the next results date for SP Apparels Ltd.?

The next results date for SP Apparels Ltd. is 11 February 2026.

The next results date for SP Apparels Ltd. is scheduled for 11 February 2026.

Are SP Apparels Ltd. latest results good or bad?

SP Apparels Ltd.'s latest Q3 FY26 results show year-on-year net profit growth of 11.50% and a 6.58% increase in net sales, indicating resilience. However, quarter-on-quarter declines in both metrics raise concerns about demand sustainability and operational challenges, suggesting investors should monitor future performance closely.

SP Apparels Ltd.'s latest results for Q3 FY26 present a mixed picture. On one hand, the company achieved a year-on-year net profit growth of 11.50%, reaching ₹26.96 crore, and net sales increased by 6.58% to ₹382.95 crore compared to the same quarter last year. These figures indicate resilience and growth over the year.<BR><BR>However, the quarter-on-quarter performance reveals significant challenges. Both net profit and net sales declined by 22.33% and 10.39%, respectively, compared to the previous quarter. This sequential deterioration raises concerns about demand sustainability and operational efficiency, especially given the typically strong demand during the festive season for children's apparel.<BR><BR>Additionally, the operating margin, while stable year-on-year at 14.78%, contracted slightly from the previous quarter, indicating potential pricing pressures. The PAT margin also fell to 7.05%, down from 8.12% sequentially, reflecting operational challenges rather than financial costs.<BR><BR>Overall, while the year-on-year growth is a positive sign, the sequential declines and margin pressures suggest that the company is facing significant headwinds. Investors may want to monitor the upcoming quarters closely to assess whether these challenges are temporary or indicative of deeper issues.

Should I buy, sell or hold SP Apparels Ltd.?

Why is SP Apparels Ltd. falling/rising?

As of 16-Mar, SP Apparels Ltd. is experiencing a stock price decline to 686.30, reflecting a -1.78% change after a trend reversal. Despite strong fundamentals and recent investor interest, the stock has underperformed its sector and is facing market corrections.

As of 16-Mar, SP Apparels Ltd. is experiencing a decline in its stock price, currently at 686.30, which reflects a change of -12.45 (-1.78%). This drop comes after a trend reversal, as the stock had previously gained for four consecutive days. The performance today indicates that it has underperformed its sector by 0.43%. <BR><BR>In terms of moving averages, the stock is currently higher than its 5-day moving average but lower than the 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a short-term fluctuation amidst a longer-term trend. Despite this decline, there has been a rise in investor participation, with delivery volume increasing by 11.36% against the 5-day average, indicating some level of interest from investors.<BR><BR>Looking at broader performance metrics, the stock has shown a 3.23% increase over the past week, contrasting with a 2.66% decline in the Sensex. However, over the last month, SP Apparels Ltd. has decreased by 6.18%, while the Sensex has fallen by 9.34%. Year-to-date, the stock is down by 1.99%, but it has outperformed the Sensex, which is down 11.40%. <BR><BR>The company has strong fundamentals, including a low Debt to EBITDA ratio of 1.26 times, and positive financial results, such as a 21.87% growth in net sales over the last nine months and a 33.69% increase in profit after tax over the latest six months. Despite these positive indicators, the recent price drop may reflect market corrections or profit-taking after the previous gains. <BR><BR>In summary, while SP Apparels Ltd. has solid financial health and has shown consistent returns over the past three years, the stock is currently facing a decline due to a trend reversal after a series of gains, underperformance relative to its sector, and the impact of broader market conditions.

Which are the latest news on SP Apparels?