| 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
- ₹960.30
- Market cap
- ₹2,414 Cr
- Revenue (annual)
- ₹1,579 Cr
- Net profit (annual)
- ₹100.9 Cr
- P/E (TTM)
- 22.9×Sector 50.4×
- Promoter holding
- 61.81%+0.00% QoQ
- FII holding
- 1.49%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from S P Apparels Ltd
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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.
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- Value
- ₹46.25 Cr
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S.P. Apparels Ltd. shared the Annual Report 2025-26 link with shareholders whose email IDs are unregistered. It also reminds members about the upcoming 21st AGM.
S P Apparels Annual Report
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S P Apparels Annual General Meeting
S.P. Apparels Limited announced its 21st Annual General Meeting scheduled for September 21, 2026, proposing a sub-division of shares from Rs. 10 to Rs. 2 face value.