SPL Industries

Why is SPL Industries Ltd falling/rising?

As of 09-Jun, SPL Industries Ltd's stock price is at 29.61, down 1.92% and has declined for three consecutive days. It is trading below all key moving averages, with significantly reduced investor participation and a notable drop over the past month and year.

As of 09-Jun, SPL Industries Ltd's stock price is falling, currently at 29.61, which reflects a decrease of 0.58 or 1.92%. The stock has underperformed its sector by 2.89% today and has been on a consecutive decline for the last three days, resulting in a total drop of 5.16% during this period. <BR><BR>Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Investor participation has also decreased significantly, with delivery volume on June 8 falling by 54.75% compared to the 5-day average. This lack of investor interest, combined with the overall negative performance over various time frames—such as a 10.41% decline over the past month and a 19.76% drop over the past year—contributes to the stock's downward movement.

Which are the latest news on SPL Industries?

Should I buy, sell or hold SPL Industries Ltd?

Are SPL Industries Ltd latest results good or bad?

SPL Industries Ltd's latest results show a net profit increase of 66.39% to ₹3.96 crores, but a concerning 24.22% year-on-year revenue decline and heavy reliance on non-operating income indicate underlying operational struggles. Investors should be cautious, as the sustainability of earnings is questionable.

The latest results for SPL Industries Ltd present a mixed picture. On one hand, the company reported a net profit of ₹3.96 crores for Q4 FY26, which is a significant increase of 66.39% compared to the previous quarter. This marks the highest quarterly profit in recent times. Additionally, the profit after tax (PAT) margin improved to 17.01%, up from 9.57% year-on-year.<BR><BR>However, the underlying operational performance raises serious concerns. The company experienced a substantial revenue decline of 24.22% year-on-year, with net sales dropping to ₹23.28 crores. While there was a sequential improvement of 58.91% from the previous quarter, this is largely seen as a recovery from a particularly weak period rather than a sign of sustainable growth.<BR><BR>A critical issue is the company's heavy reliance on non-operating income, which accounted for ₹5.79 crores, representing 130.11% of profit before tax. This indicates that the core business is struggling to generate profits from its primary operations, as the operating profit (excluding other income) was negative at ₹0.05 crores.<BR><BR>Overall, while the profit figures may seem positive at first glance, they are not reflective of a healthy operational state. The persistent revenue decline and dependence on non-operating income suggest that the company's financial health is precarious. Investors should approach these results with caution, as the sustainability of earnings remains questionable.

When is the next results date for SPL Industries Ltd?

The next results date for SPL Industries Ltd is 29 May 2026.

The next results date for SPL Industries Ltd is scheduled for 29 May 2026.

How has been the historical performance of SPL Industries?

SPL Industries experienced a significant decline in net sales and profitability from 2009 to 2011, with net sales dropping from 369.07 Cr to 158.37 Cr and operating profit turning negative, resulting in increased losses before and after tax. Overall, the company's financial performance deteriorated markedly during this period.

Answer:<BR>The historical performance of SPL Industries shows a declining trend in net sales and profitability over the years from 2009 to 2011.<BR><BR>Breakdown:<BR>SPL Industries experienced a significant decrease in net sales, dropping from 369.07 Cr in March 2009 to 158.37 Cr in March 2011. Total operating income followed a similar trend, declining from 369.76 Cr in March 2009 to 158.99 Cr in March 2011. The raw material cost also decreased from 177.69 Cr in March 2009 to 69.74 Cr in March 2011, while total expenditure (excluding depreciation) fell from 334.20 Cr to 212.68 Cr during the same period. However, despite the reduction in costs, the operating profit (PBDIT) turned negative, going from a profit of 35.57 Cr in March 2009 to a loss of 53.69 Cr in March 2011. Consequently, profit before tax and profit after tax also worsened, with losses increasing from -15.24 Cr and -14.31 Cr in March 2009 to -68.54 Cr and -70.09 Cr in March 2011, respectively. The earnings per share reflected this decline, falling from -4.94 in March 2009 to -24.17 in March 2011. Overall, the company's financial performance deteriorated significantly over the three years, indicating challenges in maintaining profitability and revenue generation.

Is SPL Industries overvalued or undervalued?

As of August 14, 2025, SPL Industries is considered overvalued and risky, with poor financial ratios and a significant underperformance of -40.81% year-to-date compared to the Sensex's 3.15%.

As of 14 August 2025, SPL Industries has moved from a fair to a risky valuation grade. The company is currently considered overvalued based on its financial ratios and peer comparisons. Key ratios include a PE Ratio of 12.66, an EV to EBITDA of 31.99, and a Price to Book Value of 0.49, which indicate that the company is not performing well in comparison to its peers.<BR><BR>In the peer comparison, K P R Mill Ltd is categorized as very expensive with a PE Ratio of 39.62, while Trident is considered fair with a PE Ratio of 32.66. SPL Industries' low ROCE of 0.62% and ROE of 3.89% further underscore its underperformance relative to industry standards. Additionally, the company's stock has significantly underperformed the Sensex, with a YTD return of -40.81% compared to the Sensex's 3.15%, reinforcing the notion that SPL Industries is currently overvalued.

Who are in the management team of SPL Industries?

As of March 2023, the management team of SPL Industries includes Mukesh Kumar Aggarwal (Chairman & Managing Director), Vijay Kumar Jindal (Whole-time Director), Shashi Agarwal (Executive Director), Vishal Srivastava (Company Secretary), and independent directors Vikash Jalan, Varun Bansal, and Sudeepta Ranjan Rout.

As of March 2023, the management team of SPL Industries includes the following individuals:<BR><BR>1. Vijay Kumar Jindal - Whole-time Director<BR>2. Mukesh Kumar Aggarwal - Chairman & Managing Director<BR>3. Shashi Agarwal - Executive Director<BR>4. Vishal Srivastava - Company Secretary & Compliance Officer<BR>5. Vikash Jalan - Independent Director<BR>6. Varun Bansal - Independent Director<BR>7. Sudeepta Ranjan Rout - Independent Director<BR><BR>These members play various roles within the company's leadership structure.

What is the technical trend for SPL Industries?

As of May 12, 2025, SPL Industries exhibits a mildly bearish technical trend, with mixed signals from MACD, moving averages, and Bollinger Bands across different time frames.

As of 12 May 2025, the technical trend for SPL Industries has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish. The daily moving averages are also mildly bearish, and the Bollinger Bands on both weekly and monthly time frames show a bearish trend. The KST is mildly bullish on the weekly but bearish on the monthly, and the Dow Theory reflects a mildly bearish trend on the weekly with no trend on the monthly. Overall, the current technical stance is mildly bearish, influenced primarily by the daily moving averages and the Bollinger Bands.

how big is SPL Industries?

As of October 2023, SPL Industries Ltd has a market capitalization of 108.32 Cr, with recent net sales totaling 139.42 Cr and net profit of 9.79 Cr over the last four quarters.

Market Cap: SPL Industries Ltd has a market capitalization of 108.32 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters, which includes Mar'25, Dec'24, Sep'24, and Jun'24, is 139.42 Cr. The sum of Net Profit for the same quarters is 9.79 Cr. This data is presented on a Standalone basis.<BR><BR>Balance Sheet Snapshot: This is a Consolidated balance sheet snapshot for the latest annual period ending in Mar'11. Shareholder's Funds are reported at 41.73 Cr, and Total Assets amount to 163.85 Cr.

Who are the top shareholders of the SPL Industries?

The top shareholders of SPL Industries include Kiran Aggarwal, who holds 22.87%, followed by Ankit Aggarwal with 6.04%. Individual investors collectively own 28.03%, and there is one foreign institutional investor holding 0.13%.

The top shareholders of SPL Industries include the promoters, with Kiran Aggarwal holding the largest stake at 22.87%. The company does not have any pledged promoter holdings. In terms of public shareholders, Ankit Aggarwal is the highest with a holding of 6.04%. Additionally, individual investors collectively hold 28.03% of the shares. There is also one foreign institutional investor (FII) that holds 0.13% of the shares.

What does SPL Industries do?

SPL Industries Ltd is a micro-cap manufacturer and exporter of knitted fabric and garments, originally incorporated in 1991. As of March 2025, it reported net sales of ₹31 Cr and a net profit of ₹3 Cr, with a market cap of ₹110 Cr.

Overview: <BR>SPL Industries Ltd is a leading manufacturer and exporter of knitted fabric and garments in the Garments & Apparels industry, categorized as a Micro Cap company.<BR><BR>History: <BR>SPL Industries Ltd was originally incorporated on December 6, 1991, as Shivalik Prints Pvt Ltd. The company changed its name to SPL Industries Limited in 1994. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 31 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 3 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 110 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 11.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.00 <BR>Return on Equity: 0.00% <BR>Price to Book: 0.52 <BR><BR>Contact Details: <BR>Address: Office No 202 IInd Floor, Vikramaditya Tower Kalkaji New Delhi New Delhi: 0 <BR>Email: cs@spllimited.com <BR>Website: http://www.spllimited.com

Has SPL Industries declared dividend?

SPL Industries Ltd has declared a 10% dividend, amounting to 1.0000 per share, with an ex-date of September 14, 2007. However, the current dividend yield is 0%, and the company has experienced significant negative returns over most periods, with only a positive return in the 5-year period.

SPL Industries Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1.0000<BR>- Ex-date: Sep-14-2007<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -43.18%, the dividend return was 0%, resulting in a total return of -43.18%.<BR><BR>In the 1-year period, the price return was -35.32%, the dividend return was 0%, resulting in a total return of -35.32%.<BR><BR>In the 2-year period, the price return was -40.8%, the dividend return was 0%, resulting in a total return of -40.8%.<BR><BR>In the 3-year period, the price return was -28.99%, the dividend return was 0%, resulting in a total return of -28.99%.<BR><BR>In the 4-year period, the price return was -20.95%, the dividend return was 0%, resulting in a total return of -20.95%.<BR><BR>In the 5-year period, the price return was 45.05%, the dividend return was 0%, resulting in a total return of 45.05%.<BR><BR>Overall, while SPL Industries declared a dividend in the past, the current dividend yield is 0%, indicating no recent dividends have been paid. The total returns over various periods show significant negative returns in the short term, with a positive return only in the 5-year period, suggesting volatility in the company's performance.

Who are the peers of the SPL Industries?

SPL Industries' peers include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Shine Fashions, Jattashankar Ind, Vippy Spinpro, and Globe Textiles. Management risk varies from excellent at Page Industries to below average at SPL Industries, with Jattashankar Ind showing the highest 1-year return at 1155% and SPL Industries at -32.96%.

Peers: The peers of SPL Industries are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Shine Fashions, Jattashankar Ind, Vippy Spinpro, and Globe Textiles.<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 Trent and the rest. Average management risk is noted at Trident, Shine Fashions, and Vippy Spinpro, while SPL Industries and Jattashankar Ind have Below Average management risk. Growth is Excellent at Shine Fashions, Good at K P R Mill Ltd, and Average at Vippy Spinpro, while SPL Industries, Vedant Fashions, Trident, and Jattashankar Ind show Below Average growth. Capital Structure is Excellent at Page Industries, K P R Mill Ltd, and Vedant Fashions, Good at Trident, Shine Fashions, and Jattashankar Ind, while SPL Industries and Globe Textiles have Below Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Jattashankar Ind at 1155.00%, while the lowest is Vedant Fashions at -24.65%. SPL Industries has a 1-year return of -32.96%, which is lower than both. Additionally, peers with negative six-month returns include SPL Industries, Vedant Fashions, Trident, and Globe Textiles.