| Revenue growth | FY26 revenue up 13.2% YoY to ₹1,578cr. |
|---|---|
| Margins | Garmenting margins steady at 17-18%; consolidated EBITDA at 13.8%. |
| Order book | Current order book stands at approximately ₹600cr across divisions. |
| Demand visibility | Reviving US demand; high interest in shifting from Bangladesh. |
| Management confidence | Cautiously optimistic; focusing on normalizing US order flows. |
Growth
Consolidated FY26 revenue grew 13.2% YoY to ₹1,578cr; EBITDA increased 16% with margins at 13.8%.
Outlook
Guided ₹2,000cr consolidated revenue for FY27 and ₹2,500cr peak capacity by FY28.
Risks
US tariff uncertainty disrupted Q4 order books; high interest costs remain a drag on the retail 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