S P Apparels Share Price Today (SPAL)
TODAY IN ONE LINE
SPAL rose 2.6% on light volume, outperforming Nifty's -0.4% move.
With a market cap of ₹2,527.97 Cr., it trades at a P/E of 24.97. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.
How good is this company?
Overall performance across 5 key dimensions.
S P Apparels flags & news
Key strengths, potential risks, and recent updates.
Green Flags
- ●High Promoter HoldingPromoters hold 61.8% skin-in-the-game
- ●Virtually Debt-FreeVery low Debt-to-Equity of 0.00x
- ●Zero Pledge RiskNo recent active promoter pledging found
Red Flags
- ●Earnings DeclineEPS (TTM) has contracted by 39.1% YoY
- ●Sales ContractionQuarterly sales dropped 8.6% YoY
- ●Rising Receivables vs SalesReceivables grew 59.9% outpacing sales growth of 28.3%
Latest S P Apparels News
What changed recently?
Recent events, corporate actions, and announcements.
S. P. Apparels Limited valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for S. P. Apparels Limited, framed against the sector median so the premium or discount is obvious at a glance.
S. P. Apparels Limited trades at a P/E of 24.97× and P/B of 2.66×.
Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.
Valuation
Profitability
Growth
Financial Health
S. P. Apparels Limited technical analysis: indicators, pivots and CPR.
Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for S. P. Apparels Limited — derived from the live tape, not yesterday's close.
S. P. Apparels Limited last traded at ₹1,002.8 with an intraday range of ₹963.4–₹1,026.6 — live indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Live: ₹1002.80| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 1158.20 | +155.40 | +15.50% |
| R3 | 1095.00 | +92.20 | +9.19% |
| R2 | 1060.80 | +58.00 | +5.78% |
| R1 | 1031.80 | +29.00 | +2.89% |
| PIVOT | 997.60 | -5.20 | -0.52% |
| CURRENT | 1002.80 | — | — |
| S1 | 968.60 | -34.20 | -3.41% |
| S2 | 934.40 | -68.40 | -6.82% |
| S3 | 905.40 | -97.40 | -9.71% |
| S4 | 842.20 | -160.60 | -16.02% |
SPAL is trading Above CPR, indicating Bullishness
CPR is Wider, suggesting unlikely for trending moves
Day's range: ₹963.4–₹1026.6
Trading Inside opening range
S. P. Apparels Limited financials: P&L, balance sheet, cash flow, ratios.
Reported annual and quarterly results for S. P. Apparels Limited — consolidated or standalone — with margins, YoY growth and key ratios inline.
S. P. Apparels Limited reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹2,527.97 Cr. and reported EPS of ₹40.05.
| Metric | Mar 2025 | Mar 2026 |
|---|---|---|
| Revenue from Operations | 1,395 | 1,579 ▲ 13.2% |
| Sales Growth YoY %Derived | 28.31% | 13.15% |
| Other Income | 12 | 18 ▲ 48.6% |
| Total Income | 1,407 | 1,597 ▲ 13.5% |
| 579 | 678 ▲ 17.1% | |
| Gross ProfitDerived | 816 | 901 ▲ 10.4% |
| Gross Margin %Derived | 58.51% | 57.07% |
| 628 | 683 ▲ 8.7% | |
| EBITDA (Operating Profit)Derived | 188 | 218 ▲ 16.0% |
| OPM %Derived | 13.46% | 13.80% |
| 77 | 89 ▲ 15.4% | |
| Profit Before Tax (PBT) | 123 | 147 ▲ 19.6% |
| 28 | 40 ▲ 42.4% | |
| Effective Tax %Derived | 22.82% | 27.18% |
| Total Profit for Period | 95 | 101 ▲ 6.1% |
| Less: Non-controlling Interests | -0 | 0 ▲ 337.0% |
| Net Profit (Owner's PAT)Derived | 95 | 101 ▲ 6.0% |
| Net Profit Margin %Derived | 6.82% | 6.39% |
| PAT Growth YoY %Derived | 6.09% | 5.98% |
| Earnings Per Share (EPS ₹) | 37.90 | 40.15 ▲ 5.9% |
| Diluted Shares Outstanding (Cr) | 3 | 3 ▲ 0.2% |
| Share of Profit from Associates/JVs | — | -6 |
| Other Comprehensive Income (Net of Tax) | -3 | -9 ▼ 202.8% |
| Total Expenses (incl. D&A & Interest) | 1,284 | 1,449 ▲ 12.9% |
| Material Cost % of RevenueDerived | 34.78% | 32.33% |
| Employee Cost % of RevenueDerived | 24.82% | 25.26% |
| Other Cost % of RevenueDerived | 20.23% | 18.02% |
| Interest Coverage (x)Derived | 4.32x | 4.17x |
| Period | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 662 | 826 ▲ 24.8% | 809 ▼ 2.1% | 652 ▼ 19.4% | 859 ▲ 31.8% | 1,078 ▲ 25.4% | 1,087 ▲ 0.9% | 1,395 ▲ 28.3% | 1,579 ▲ 13.2% | |
| Sales Growth YoY %Derived | — | 24.75% | -2.11% | -19.36% | 31.75% | 25.42% | 0.88% | 28.31% | 13.15% | |
| Other Income | 16 | 3 ▼ 79.0% | 24 ▲ 589.2% | 1 ▼ 94.2% | 9 ▲ 590.0% | 23 ▲ 142.3% | 16 ▼ 29.1% | 12 ▼ 25.3% | 18 ▲ 48.6% | |
| Total Income | 679 | 830 ▲ 22.2% | 833 ▲ 0.3% | 654 ▼ 21.5% | 869 ▲ 32.9% | 1,101 ▲ 26.7% | 1,104 ▲ 0.3% | 1,407 ▲ 27.5% | 1,597 ▲ 13.5% | |
255 | 327 ▲ 27.9% | 357 ▲ 9.2% | 270 ▼ 24.4% | 354 ▲ 31.3% | 486 ▲ 37.2% | 451 ▼ 7.1% | 579 ▲ 28.3% | 678 ▲ 17.1% | ||
| Gross ProfitDerived | 407 | 500 ▲ 22.7% | 452 ▼ 9.5% | 383 ▼ 15.4% | 505 ▲ 32.1% | 592 ▲ 17.2% | 636 ▲ 7.4% | 816 ▲ 28.3% | 901 ▲ 10.4% | |
| Gross Margin %Derived | 61.47% | 60.48% | 55.91% | 58.64% | 58.79% | 54.93% | 58.50% | 58.51% | 57.07% | |
301 | 366 ▲ 21.4% | 369 ▲ 0.9% | 278 ▼ 24.6% | 354 ▲ 27.1% | 449 ▲ 27.1% | 478 ▲ 6.4% | 628 ▲ 31.4% | 683 ▲ 8.7% | ||
| EBITDA (Operating Profit)Derived | 106 | 134 ▲ 26.5% | 83 ▼ 37.9% | 104 ▲ 25.5% | 152 ▲ 45.5% | 143 ▼ 6.0% | 158 ▲ 10.6% | 188 ▲ 19.0% | 218 ▲ 16.0% | |
| OPM %Derived | 15.97% | 16.20% | 10.28% | 16.00% | 17.66% | 13.23% | 14.51% | 13.46% | 13.80% | |
51 | 28 ▼ 45.6% | 53 ▲ 89.4% | 47 ▼ 11.6% | 46 ▼ 0.2% | 55 ▲ 17.6% | 56 ▲ 3.3% | 77 ▲ 36.0% | 89 ▲ 15.4% | ||
| Profit Before Tax (PBT) | 71 | 109 ▲ 54.0% | 54 ▼ 50.5% | 59 ▲ 9.2% | 115 ▲ 94.1% | 111 ▼ 3.5% | 118 ▲ 6.2% | 123 ▲ 4.7% | 147 ▲ 19.6% | |
23 | 36 ▲ 55.1% | -3 ▼ 107.0% | 16 ▲ 736.3% | 30 ▲ 88.5% | 28 ▼ 6.1% | 28 ▼ 0.8% | 28 ▲ 0.4% | 40 ▲ 42.4% | ||
| Effective Tax %Derived | 32.72% | 32.96% | -4.64% | 27.00% | 26.22% | 25.51% | 23.81% | 22.82% | 27.18% | |
| Total Profit for Period | 48 | 73 ▲ 53.5% | 57 ▼ 22.8% | 43 ▼ 23.8% | 85 ▲ 96.2% | 83 ▼ 2.6% | 90 ▲ 8.6% | 95 ▲ 6.1% | 101 ▲ 6.1% | |
| Less: Non-controlling Interests | -1 | 0 ▲ 107.1% | 0 ▼ 39.3% | 0 ▼ 8.1% | 0 ▲ 126.5% | -0 ▼ 139.0% | -0 ▼ 96.7% | -0 ▲ 22.0% | 0 ▲ 337.0% | |
| Net Profit (Owner's PAT)Derived | 49 | 73 ▲ 50.6% | 57 ▼ 22.8% | 43 ▼ 23.8% | 85 ▲ 96.2% | 83 ▼ 2.4% | 90 ▲ 8.7% | 95 ▲ 6.1% | 101 ▲ 6.0% | |
| Net Profit Margin %Derived | 7.35% | 8.87% | 7.00% | 6.61% | 9.85% | 7.66% | 8.25% | 6.82% | 6.39% | |
| PAT Growth YoY %Derived | — | 50.62% | -22.78% | -23.80% | 96.15% | -2.45% | 8.65% | 6.09% | 5.98% | |
| Earnings Per Share (EPS ₹) | 19.34 | 28.56 ▲ 47.7% | 22.03 ▼ 22.9% | 16.79 ▼ 23.8% | 32.96 ▲ 96.3% | 32.90 ▼ 0.2% | 35.74 ▲ 8.6% | 37.90 ▲ 6.0% | 40.15 ▲ 5.9% | |
| Diluted Shares Outstanding (Cr) | 3 | 3 ▲ 2.1% | 3 ▲ 0.0% | 3 ▲ 0.0% | 3 ▲ 0.0% | 3 ▼ 2.3% | 3 ▲ 0.0% | 3 ▲ 0.0% | 3 ▲ 0.2% | |
| Share of Profit from Associates/JVs | — | — | — | — | — | — | — | — | -6 | |
| Other Comprehensive Income (Net of Tax) | -5 | 4 ▲ 180.6% | -7 ▼ 285.0% | -9 ▼ 14.7% | 1 ▲ 111.2% | -7 ▼ 788.4% | 8 ▲ 216.6% | -3 ▼ 137.1% | -9 ▼ 202.8% | |
| Total Expenses (incl. D&A & Interest) | 608 | 720 ▲ 18.5% | 779 ▲ 8.1% | 595 ▼ 23.6% | 754 ▲ 26.8% | 990 ▲ 31.3% | 986 ▼ 0.4% | 1,284 ▲ 30.2% | 1,449 ▲ 12.9% | |
| Material Cost % of RevenueDerived | 36.75% | 33.05% | 29.76% | 27.33% | 34.73% | 33.10% | 29.69% | 34.78% | 32.33% | |
| Employee Cost % of RevenueDerived | 24.03% | 22.66% | 24.25% | 22.87% | 22.14% | 22.14% | 23.98% | 24.82% | 25.26% | |
| Other Cost % of RevenueDerived | 21.46% | 21.63% | 21.38% | 19.78% | 18.99% | 19.56% | 20.01% | 20.23% | 18.02% | |
| Interest Coverage (x)Derived | 2.90x | 17.98x | 2.34x | 5.05x | 9.88x | 5.72x | 6.42x | 4.32x | 4.17x |
S P Apparels segment analysis : revenue and profit mix.
Disclosed business segments at S P Apparels with their share of revenue and profit, switchable between consolidated and standalone reporting.
S P Apparels discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
The Bull, Bear, and Flip case for S. P. Apparels Limited.
Our AI distills the core fundamental drivers supporting S. P. Apparels Limited, the risks that threaten it, and the quantitative conditions that could weaken the thesis.
S. P. Apparels Limited's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.
What you're getting.
Quarterly sales growth 64.5% YoY demonstrates exceptional demand momentum and market traction
Operating margin 10.77% outpaces peer median 7.7%, signaling superior cost control efficiency
ROCE 14.20% exceeds peer median 10.60%, indicating efficient capital deployment versus competitors
Promoter holding 61.81% reflects strong management commitment and long-term governance alignment
Debt-to-equity ratio 0.44x conservative, enabling sustainable expansion and strategic financial flexibility
Key Risks.
Latest quarterly EPS declined 38.8% YoY despite revenue growth, signaling margin compression concerns
TTM EPS declined 39.1% YoY, indicating significant earnings contraction and profitability deterioration
TTM revenue declined 8.6% YoY, contradicting quarterly strength and suggesting recent top-line slowdown
Dividend yield 0.17% extremely low, unattractive for income-seeking and yield-focused investors
P/E 27.67x elevated relative to peer median 34.36x, limiting valuation upside potential
Flip Conditions.
Valuation risk. a P/E above 32 would leave less room for earnings disappointment.
Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 1.00. Balance sheet risk re-prices growth multiples fast.
Return-quality risk. ROE below 8% would indicate weaker capital compounding.
S. P. Apparels Limited peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — S. P. Apparels Limited is highlighted for quick read-across.
Quick Compare
Peer Comparison
| Company Name |
|---|
S. P. Apparels Limited chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for S. P. Apparels Limited — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
- 1Pick how to scan. Detection sets sensitivity — Daily (standard) → Weekly (big swings). History sets how far back to look.
- 2Read the summary. The tiles at the top give the current read: net bias, the strongest pattern, and the one nearest to triggering.
- 3Scan the list. Use the Actionable, Watchlist, and History tabs to browse patterns. Click a pattern card to focus it.
- 4Inspect on the chart. Focusing draws the pattern’s pivots plus its break (blue), target (amber) and invalidation lines.
- 5Filter to what matters. Use the status controls (Confirmed, Forming, Invalidated) to hide noise and find exactly what you are looking for.
Pattern history — every completed pattern and its outcome
S. P. Apparels Limited delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for S. P. Apparels Limited over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in S. P. Apparels Limited stood at 30.8% of traded volume, against a 20-day average of 33.6%.
S P Apparels announcements: results, concalls, ratings, M&A.
Filings S P Apparels sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
S P Apparels files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 78 documents below.
Price movement
Significant movement in price has been observed in S. P. Apparels Limited. The Exchange, in order to ensure that investors have latest relevant…
Price movement
Significant movement in price has been observed in S. P. Apparels Limited. The Exchange, in order to ensure that investors have latest relevant…
Giving guarantees/indemnity/ becoming a surety for third party
S. P. Apparels Limited has informed the Exchange about Giving guarantees/indemnity/ becoming a surety for third party
Certificate under SEBI (Depositories and Participants) Regulations, 2018
S. P. Apparels Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
Updates
S. P. Apparels Limited has informed the Exchange regarding ' Announcement under Regulation 7(2) of SEBI (PIT) Regulations, 2015.'.
Investor decks & rating reports.
S P Apparels dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue S P Apparels has declared, sequenced by announce and record date.
S P Apparels corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About S. P. Apparels Limited: business, sector, key facts.
What S. P. Apparels Limited does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
S. P. Apparels Limited operates in the Garments & Apparels industry under the Textiles sector, listed as NSE: SPAL, BSE: 540048.
S.P. Apparels Limited (SPAL) is a prominent Indian company specializing in the manufacturing and export of knitted garments, primarily focused on infant and children's apparel. Their operations span the entire value chain, from sourcing raw materials like yarns and fabrics to the finished product. This vertical integration allows for greater control over quality, cost, and delivery times, a key competitive advantage in the fast-paced garment industry. Their commitment to this integrated approach is evident in their offerings of dyeing, embroidery, and printing services, all integral steps in producing high-quality garments.
A significant portion of SPAL's business revolves around its own branded products. Angel & Rocket, HEAD, and Natalia represent their core offerings in the infant and children's wear market. These brands are likely differentiated through design, target market segments (e.g., price point, style), and possibly distribution channels. The company's expertise in knitting and garment production is clearly showcased through these brands, establishing a strong presence in the children's apparel sector, both domestically within India and internationally through exports.
Beyond its core children's wear business, SPAL has diversified into the menswear market through its acquisition and management of the Crocodile brand. This strategic move allows the company to leverage its manufacturing capabilities and expertise into a different segment of the apparel industry. The acquisition of Crocodile introduces a new layer to their operations, including the manufacturing, distribution, marketing, and retail sale of menswear. This suggests a potential broader expansion strategy, aiming to capitalize on existing infrastructure and industry knowledge to penetrate a new customer base and market segment.
Established in 1988 and headquartered in Tirupur, India – a region known for its textile industry – SPAL has built a considerable presence in the garment manufacturing sector. Their long history and vertical integration point towards a well-established operational structure and strong relationships with suppliers and distributors. The company’s success is a testament to its adaptability, demonstrated through its expansion into different apparel categories and its ability to navigate the complexities of the global textile and apparel markets.
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Questions investors ask about S. P. Apparels Limited (SPAL).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of S. P. Apparels Limited (SPAL)?
The current share price of S. P. Apparels Limited (SPAL) is ₹1,002.8. Today, the stock has gained by ₹25.40 (2.60%), trading in a range of ₹963.4 to ₹1,026.6. The stock opened at ₹963.4 with a trading volume of 91,370 shares.
02Is S. P. Apparels Limited stock a good investment for long-term?
S. P. Apparels Limited can be considered for long-term investment based on several factors. The company has a market capitalization of ₹2,527.97 crores, P/E ratio of 24.97, ROE of 11.20%, and ROCE of 14.00%. The dividend yield stands at 0.17%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of S. P. Apparels Limited stock?
The 52-week high price of S. P. Apparels Limited (SPAL) is ₹1,221.9, while the 52-week low is ₹600. Currently trading at ₹1,002.8, the stock is 64.8% away from its 52-week low and 17.9% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy S. P. Apparels Limited stock at the current price?
Whether to buy S. P. Apparels Limited stock at ₹1,002.8 depends on multiple factors. The stock is currently trading with a P/E ratio of 24.97 and P/B ratio of 2.66. Today's performance shows a gain of 2.60%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of S. P. Apparels Limited and when is the next dividend?
S. P. Apparels Limited offers a dividend yield of 0.17%, which means for every ₹100 invested at the current price of ₹1,002.8, you can expect to receive approximately ₹0.17 annually as dividends. The face value of the stock is ₹10.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of S. P. Apparels Limited?
S. P. Apparels Limited's key financial metrics include: P/E Ratio: 24.97, P/B Ratio: 2.66, ROE: 11.20%, ROCE: 14.00%, Dividend Yield: 0.17%, EPS: ₹40.05, Book Value: ₹376.72, and Debt-to-Equity: 0.44. The company's market cap stands at ₹2,527.97 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is S. P. Apparels Limited stock performing today in the market?
S. P. Apparels Limited stock opened at ₹963.4 and is currently trading at ₹1,002.8, showing a gain of ₹25.40 (2.60%). The intraday high is ₹1,026.6 and low is ₹963.4. The trading volume stands at 91,370 shares, indicating moderate market participation today.
08What is the P/E ratio of S. P. Apparels Limited and what does it indicate?
S. P. Apparels Limited has a Price-to-Earnings (P/E) ratio of 24.97, which means investors are willing to pay ₹24.97 for every ₹1 of earnings. With an EPS of ₹40.05, this P/E ratio indicates moderate valuation in line with market standards. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about S. P. Apparels Limited (SPAL) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.