SP Apparels

Why is SP Apparels Ltd. falling/rising?

As of 26-Aug, SP Apparels Ltd. is experiencing a slight decline in its stock price at 948.40, but it has shown a positive trend recently with a 2.99% gain over the past four days. Despite a month-long decline of -5.43%, the stock has a strong year-to-date return of +35.44%, significantly outperforming the Sensex.

As of 26-Aug, SP Apparels Ltd. is experiencing a slight decline in its stock price, currently at 948.40, reflecting a change of -0.25 (-0.03%). Despite this minor drop, the stock has shown a positive trend over the past four days, gaining 2.99% during this period. This recent performance aligns with the stock's overall strong returns, as it has outperformed the Sensex in the short term, with a 1-week return of +2.77% compared to the Sensex's +0.73%.<BR><BR>However, the stock's performance over the past month has been less favorable, with a decline of -5.43%, contrasting with the Sensex's increase of +1.86%. Year-to-date, SP Apparels Ltd. has achieved a remarkable return of +35.44%, significantly outperforming the Sensex, which has declined by -9.09%. Over the past year, the stock has generated a return of +33.43%, while the Sensex has only increased by -4.10%.<BR><BR>Investor participation appears to be declining, as indicated by a significant drop in delivery volume, which fell by -49.38% against the 5-day average. This reduction in trading activity may contribute to the stock's current price movement. Despite the recent decline, the stock remains liquid enough for trading, with a delivery volume of 21.11k on 25 August.<BR><BR>Overall, while SP Apparels Ltd. is currently facing a slight decrease in price, its strong long-term performance and recent gains suggest that it is still viewed positively in the market.

Which are the latest news on SP Apparels?

Who are in the management team of SP Apparels?

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 strategic direction.

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>This team plays a crucial role in the governance and strategic direction 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 INR 2,502 Cr. As of June 2026, it reported net sales of 401 Cr and a net profit of 25 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 profit for June 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 401 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 25 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 2,502 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 23.00 <BR>Industry P/E: 28 <BR>Dividend Yield: 0.21% <BR>Debt-Equity: 0.37 <BR>Return on Equity: 10.73% <BR>Price to Book: 2.59<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

Who are the peers of the SP Apparels?

SP Apparels' peers include Ganesha Ecosphe, Siyaram Silk, Baazar Style, Kitex Garments, Sportking India, Bombay Dyeing, SBC Exports, Cantabil Retail, and Aayush Art. In terms of performance, SBC Exports leads with a 1-year return of 103.55%, while SP Apparels has a return of 23.26%.

Peers: The peers of SP Apparels are Ganesha Ecosphe., Siyaram Silk, Baazar Style, Kitex Garments, Sportking India, Bombay Dyeing, SBC Exports, Cantabil Retail, Aayush Art.<BR><BR>Quality Snapshot: Excellent management risk is observed at Siyaram Silk and Cantabil Retail, while Average management risk is found at Ganesha Ecosphe., Sportking India, SP Apparels, Bombay Dyeing, and SBC Exports, and the rest. Below Average management risk is noted at Baazar Style, Kitex Garments, Aayush Art, and the rest. For Growth, Excellent growth is seen at Baazar Style and Aayush Art, Average growth is found at Siyaram Silk, SBC Exports, and Cantabil Retail, while Below Average growth is noted at Ganesha Ecosphe., Kitex Garments, Sportking India, SP Apparels, Bombay Dyeing, and the rest. In terms of Capital Structure, Excellent capital structure is present at Siyaram Silk, Good at SP Apparels and Aayush Art, Average at Ganesha Ecosphe., Kitex Garments, Sportking India, and Cantabil Retail, and Below Average at Baazar Style, Bombay Dyeing, SBC Exports, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is SBC Exports at 103.55%, while the lowest is Bombay Dyeing at -31.74%. SP Apparels has a 1-year return of 23.26%, which is significantly higher than Bombay Dyeing but lower than SBC Exports. Additionally, peers with a negative six-month return include Kitex Garments, Bombay Dyeing, and Cantabil Retail.

How big is SP Apparels?

As of 14th August, SP Apparels Ltd. has a market capitalization of 2,377.13 Cr and reported net sales of 1,576.28 Cr and net profit of 105.06 Cr over the latest four quarters.

As of 14th August, <BR><BR>Market Cap: SP Apparels Ltd. has a market capitalization of 2,377.13 Cr, categorized as Small Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 1,576.28 Cr, while the sum of Net Profit for the same period is 105.06 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2025. Shareholder's Funds are valued at 856.34 Cr, and Total Assets amount to 1,456.14 Cr.

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

Has SP Apparels Ltd. declared dividend?

Yes, SP Apparels Ltd. has declared a 30% dividend, with an ex-date of September 4, 2026. The company has demonstrated strong total returns across various periods, with a 5-year total return of 185.86%.

SP Apparels Ltd. has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 30%<BR>- Ex-date: 04 Sep 26<BR><BR>Dividend Yield: 0.21%.<BR><BR>Total Returns by Period:<BR>In the last 3 months, the price return was 19.5%, the dividend return was 0.38%, resulting in a total return of 19.88%.<BR><BR>Over the past 6 months, the price return reached 26.96%, with a dividend return of 0.41%, leading to a total return of 27.37%.<BR><BR>For the 1-year period, the price return was 23.26%, the dividend return was 0.62%, culminating in a total return of 23.88%.<BR><BR>In the 2-year span, the price return stood at 11.54%, the dividend return was 0.55%, giving a total return of 12.09%.<BR><BR>Over the last 3 years, the price return was an impressive 117.05%, with a dividend return of 1.40%, resulting in a total return of 118.45%.<BR><BR>Finally, in the 4-year period, the price return was 124.26%, the dividend return was 1.88%, leading to a total return of 126.14%.<BR><BR>In the 5-year timeframe, the price return was 183.47%, with a dividend return of 2.39%, culminating in a total return of 185.86%.<BR><BR>Overall, SP Apparels Ltd. has declared a significant dividend and has shown strong total returns across various periods, indicating a positive performance trend for the company.

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

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

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

Are SP Apparels Ltd. latest results good or bad?

SP Apparels Ltd.'s latest Q4 FY26 results are concerning, with a 39.23% drop in net profit and an 8.59% decline in net sales, indicating significant margin pressure and operational challenges in the garment export industry. Investors should be cautious due to the negative outlook.

SP Apparels Ltd.'s latest results for Q4 FY26 indicate a challenging period for the company. The consolidated net profit decreased by 39.23% year-on-year to ₹18.48 crore, and net sales fell by 8.59% to ₹364.91 crore, marking the lowest quarterly revenue in the past year. Additionally, the operating margin contracted to 12.23%, down from previous quarters, reflecting significant margin pressure.<BR><BR>The results reveal a concerning trend with declining volumes, rising employee costs, and overall compressed margins. The company's ability to maintain profitability is under scrutiny, especially given the current headwinds in the garment export industry, including softening global demand and increased competition.<BR><BR>Overall, the financial performance suggests a negative outlook, warranting close attention from investors as the company navigates these operational challenges.

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.

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 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%.

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.