| Management target | Revenue 10.0% per customer annually |
|---|
| Revenue growth | 9.9% QoQ consolidated |
|---|---|
| Margins | Consolidated EBITDA margins expanded from 13.1% to 15.3% YoY |
| Order book | Top 5-6 customers to generate GBP 2-3 mn annually |
| Demand visibility | Anticipate 10% minimum growth per customer annually |
| Management confidence | High on retail turnaround and Sri Lanka expansion |
Growth
Revenue grew 9.9% QoQ; PAT increased 20.4% YoY to Rs. 248.7 Mn.
Outlook
Targeting 90%+ peak utilization; revenue potential of Rs. 4,200 Mn from Young Brand Apparel setup.
Risks
Lower capacity utilization (68% vs 82% YoY) and dependency on kids wear segment.
Last quarter's promises, checked
Delivered
- Guided Retail EBITDA positive from Q2FY26 → delivered Rs. 4.2 Mn in Q1FY27 (= BEAT)
- Guided SPUK EBITDA positive FY26 → delivered positive EBITDA FY26 (= BEAT)
Partly delivered
- Guided 15% consolidated EBITDA margin → delivered 15.3% (= BEAT)
- Guided Sri Lanka ramp-up to 4 factories → expansion ongoing Jan 2025 (= PARTIAL)
Missed
- Guided 90-120 day order cycle for Q3 takeoff → delivered 68% utilization vs 82% YoY (= MISS)
Investor Presentation filed with BSE, NSE: SPAL. Summary written with AI assistance from the document.
S P Apparels Ltd: key numbers
- Share price
- ₹955.90
- Market cap
- ₹2,403 Cr
- Revenue (annual)
- ₹1,579 Cr
- Net profit (annual)
- ₹100.9 Cr
- P/E (TTM)
- 22.8×Sector 52.0×
- 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.
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- Value
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