ALFA Finder| Revenue growth | FY26 consolidated revenue up 13.2% YoY. |
|---|---|
| Margins | Adj. EBITDA margins stable at 17-18% for Garment Export Division. |
| Demand visibility | Sourcing flexibility and new customer additions (GBP 2-3 Mn annually). |
| Management confidence | High; targeting 10% annual growth per customer in SPUK. |
Growth
FY26 Consolidated Revenue reached ₹15,786.4 Mn (+13.2% YoY); EBITDA grew 16% to ₹2,178.1 Mn with margins expanding to 13.8%.
Outlook
Targeting 90%+ peak utilization; revenue potential of ₹4.2 Bn from existing YBAL setup; expanding into Sri Lanka.
Risks
Q4FY26 saw an 8.6% revenue decline; capacity utilization dropped from 83% to 64% in the Garment Division.
Earnings Call filed with BSE, NSE: SPAL. Summary written with AI assistance from the document.
S P Apparels Ltd: key numbers
- Share price
- ₹915.00
- Market cap
- ₹2,300 Cr
- Revenue (annual)
- ₹1,579 Cr
- Net profit (annual)
- ₹100.9 Cr
- P/E (TTM)
- 21.9×Sector 48.2×
- Promoter holding
- 59.82%-1.99% QoQ
- FII holding
- 2.00%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from S P Apparels Ltd
All →S P Apparels Board Meeting Date
S.P. Apparels intimated a board meeting on November 12, 2026 to consider unaudited standalone and consolidated results for the quarter ended September 30, 2026. The filing is advance notice only, with no outcome yet.
S P Apparels Other Announcement
S.P. Apparels Ltd filed its quarterly shareholding pattern for the period ended September 30, 2026. This disclosure provides details on promoter and public shareholdings.
S P Apparels Stock Split
S.P. Apparels Board fixed 10 Dec 2026 as record date for its 5:1 stock split (₹10 to ₹2 face value). No new capital is raised; existing holdings will be sub-divided.
S P Apparels Annual Report
S.P. Apparels has submitted a revised Annual Report for FY 2025-26, correcting typographical errors regarding the AGM Notice date and total share capital values.
S P Apparels Annual General Meeting
S.P. Apparels Ltd held its 21st Annual General Meeting on 21st September 2026. Shareholders voted on ordinary and special business, including the sub-division of shares.
S P Apparels Promoter Selling: ₹46.25 Cr
Managing Director P. Sundararajan sold 5,00,000 equity shares of S.P. Apparels Ltd in a market transaction. This disposal reduces the promoter's stake by 1.88%.
- Value
- ₹46.25 Cr