Revenue was flat at ₹401Cr, but margins expanded significantly due to product mix and operational efficiencies. Management remains optimistic about H2 FY27 growth driven by UK FTA and Sri Lanka capacity ramp-up.
S.P. Apparels reported FY26 consolidated revenue of ₹1,578 Cr (up 13.2% YoY) and EBITDA of ₹217 Cr. Q4 saw softness due to US tariff disruptions and logistics issues.
S.P. Apparels faced a soft Q4 due to US tariff volatility and shipment delays, yet maintained strong full-year growth. Management is betting heavily on a massive Sri Lanka ramp-up to hit ambitious future targets.
SP Apparels delivered 13.2% FY26 revenue growth and 6.1% PAT growth. Strategy focuses on capacity utilization (75%), diversifying into adult wear, and expanding lingerie production via Young Brand Apparel acquisition.