---
title: "S P Apparels Ltd (SPAL) — Share Price, Financials & Analysis"
symbol: "SPAL"
company: "S P Apparels Ltd"
canonical: "https://tapetide.com/stocks/SPAL"
isin: "INE212I01016"
nse_symbol: "SPAL"
bse_code: "540048"
sector: "Consumer Discretionary"
industry: "Textiles & Apparels"
market_cap_cr: 2556.37
generated_at: "2026-09-13T18:42:50.820Z"
---

# S P Apparels Ltd (SPAL)

Canonical page: https://tapetide.com/stocks/SPAL

## Company

- **NSE Symbol:** SPAL
- **BSE Code:** 540048
- **ISIN:** INE212I01016
- **Sector:** Consumer Discretionary
- **Industry:** Textiles & Apparels
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2016-08-12
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** spapparels.com

## About

The company was established in 1989, it is a leading manufacturer and exporter of knitted garments for infants and children in India. These are manufactured at the integrated facilities that allow providing end-to-end garment manufacturing services from greige fabric to finished products. [1], Mr. P. Sundararajan is the Chairman and Managing Director of our Company. [2]. The company provides end-to-end garment manufacturing from greige fabric to finished products including bodysuits, sleepsuits, tops, and bottoms. [3]

## Latest Price

- **Price:** ₹1023
- **Change:** -6.7 (-0.65%)
- **Open:** ₹1015.9
- **Day High:** ₹1027
- **Day Low:** ₹1003.9
- **Previous Close:** ₹1029.7
- **Volume:** 54987
- **As Of:** 2026-09-11T10:01:36+00:00

## Key Fundamentals

Observed at 2026-09-11T04:49:05.025329Z.

- **Market Cap:** ₹2556.37 Cr
- **Classification:** Microcap
- **P/E (reported):** 24.6
- **P/E (TTM):** 24.46
- **EPS (TTM):** ₹41.83
- **EPS (reported):** ₹36.96
- **Book Value:** ₹376.36
- **Price to Book:** 2.73
- **Dividend Yield:** 0.29%
- **ROE:** 10.74%
- **ROCE:** 17.48%
- **Debt to Equity:** 0.44
- **Revenue (yearly):** ₹1596.8 Cr
- **Net Income:** ₹100.9 Cr
- **EBITDA:** ₹235.9 Cr
- **52-Week High:** ₹1221.9
- **52-Week Low:** ₹600
- **RSI (14):** 52.93

## Tapetide Score

- **Score:** 51 / 100
- **Score date:** 2026-09-04
- **Archetype:** Average Quality, Undemanding Price
- **What it means:** The financials sit mid-range rather than strong, and the multiple is not demanding. Nothing here stands out in either direction, so the read comes down to which single pillar you weight most and whether the next results move it off the middle.
- **Pillar profile:** Quality: Average · Valuation: Fair · Momentum: Rising
- **Percentile:** 52 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 50.91 | 9% |
| growth | 26.66 | 9% |
| momentum | 92.66 | 12% |
| ownership | 34.5 | 24% |
| quality | 56.28 | 22% |
| valuation | 54.44 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company's working capital requirements have reduced from 42.5 days to 24.2 days

### Weaknesses

- Stock is trading at 2.72 times its book value
- Company has a low return on equity of 11.4% over last 3 years.
- Dividend payout has been low at 2.49% of profits over last 3 years

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 369.81% | 163.5% | 676.09% |
| ebitda margin growth | 34.81% | 4.01% | -6.28% | -20.37% |
| net income growth | 33.87% | 6.1% | 7% | 18% |
| revenue growth | 9.74% | 13.47% | 13% | 19% |
| roce | 44.76% | 5.94% | 5.94% | 16.96% |
| roe | 33.78% | -4.02% | 11.26% | -19.97% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 292 | 252 | 295 | 245 | 391 | 359 | 399 | 403 | 427 | 383 | 365 | 401 |
| Expenses | 246 | 218 | 254 | 212 | 342 | 308 | 345 | 351 | 365 | 329 | 321 | 341 |
| Operating Profit | 47 | 34 | 41 | 33 | 50 | 51 | 54 | 53 | 62 | 54 | 44 | 60 |
| OPM % | 16 | 14 | 14 | 13 | 13 | 14 | 14 | 13 | 15 | 14 | 12 | 15 |
| Other Income | 6 | 5 | 2 | 3 | 2 | 3 | 4 | 2 | 7 | 6 | 4 | 4 |
| Interest | 4 | 5 | 3 | 5 | 11 | 8 | 10 | 12 | 10 | 10 | 9 | 15 |
| Depreciation | 10 | 9 | 9 | 10 | 11 | 12 | 11 | 11 | 12 | 12 | 12 | 13 |
| Profit before tax | 38 | 24 | 30 | 21 | 30 | 34 | 37 | 31 | 47 | 37 | 26 | 36 |
| Tax % | 26 | 28 | 5 | 12 | 28 | 29 | 19 | 32 | 26 | 27 | 30 | 31 |
| Net Profit | 29 | 18 | 28 | 18 | 22 | 24 | 30 | 21 | 35 | 27 | 19 | 25 |
| EPS in Rs | 11.38 | 7.03 | 11.35 | 7.2 | 8.75 | 9.64 | 12.12 | 8.53 | 13.83 | 10.74 | 7.35 | 9.91 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 662 | 825 | 808 | 652 | 859 | 1081 | 1087 | 1395 | 1578 | 1576 |
| Expenses | 555 | 691 | 724 | 547 | 707 | 935 | 929 | 1207 | 1367 | 1357 |
| Operating Profit | 106 | 134 | 84 | 105 | 152 | 146 | 158 | 188 | 212 | 220 |
| OPM % | 16 | 16 | 10 | 16 | 18 | 14 | 15 | 13 | 13 | 14 |
| Other Income | 16 | 3 | 13 | 1 | 9 | 20 | 16 | 12 | 18 | 20 |
| Interest | 29 | 6 | 23 | 14 | 12 | 19 | 19 | 33 | 41 | 44 |
| Depreciation | 22 | 22 | 30 | 32 | 35 | 36 | 38 | 43 | 48 | 50 |
| Profit before tax | 71 | 109 | 44 | 59 | 115 | 111 | 118 | 123 | 141 | 146 |
| Tax % | 33 | 33 | -6 | 27 | 26 | 26 | 24 | 23 | 28 | — |
| Net Profit | 48 | 73 | 47 | 43 | 85 | 83 | 90 | 95 | 101 | 105 |
| EPS in Rs | 19 | 28.56 | 18.26 | 16.8 | 32.96 | 32.88 | 35.72 | 37.9 | 40.16 | 41.83 |
| Dividend Payout % | 3 | 0 | 0 | 13 | 0 | 9 | 0 | 0 | 7 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 25 | 25 | 26 | 26 | 26 | 26 | 25 | 25 | 25 | 25 |
| Reserves | 332 | 372 | 458 | 498 | 533 | 612 | 649 | 739 | 831 | 921 |
| Borrowings | 185 | 223 | 211 | 226 | 194 | 231 | 245 | 203 | 381 | 419 |
| Other Liabilities | 134 | 189 | 192 | 143 | 160 | 193 | 179 | 175 | 219 | 226 |
| Total Liabilities | 677 | 810 | 887 | 892 | 912 | 1062 | 1097 | 1142 | 1456 | 1591 |
| Fixed Assets | 299 | 307 | 317 | 444 | 444 | 450 | 459 | 454 | 595 | 686 |
| CWIP | 0 | 6 | 54 | 0 | 10 | 8 | 10 | 19 | 31 | 4 |
| Investments | 58 | 31 | 0 | 0 | 0 | 3 | 113 | 51 | 10 | 58 |
| Other Assets | 319 | 465 | 515 | 448 | 458 | 602 | 515 | 618 | 821 | 843 |
| Total Assets | 677 | 810 | 887 | 892 | 912 | 1062 | 1097 | 1142 | 1456 | 1591 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 26 | -1 | 82 | 83 | 80 | 27 | 216 | 79 | 44 | 209 |
| Cash from Investing Activity | -116 | -15 | -60 | -39 | -21 | -29 | -160 | 6 | -170 | -189 |
| Cash from Financing Activity | 92 | 19 | -17 | -45 | -42 | 24 | -48 | -67 | 82 | -1 |
| Net Cash Flow | 2 | 3 | 5 | -1 | 17 | 21 | 8 | 19 | -44 | 18 |
| Free Cash Flow | -11 | -40 | -3 | 32 | 36 | -6 | 164 | 25 | -37 | 103 |
| CFO/OP | 43 | 20 | 72 | 114 | 90 | 34 | 167 | 71 | 42 | 117 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 78 | 91 | 57 | 42 | 65 | 49 | 35 | 55 | 66 | 59 |
| Inventory Days | 147 | 268 | 277 | 233 | 327 | 342 | 223 | 214 | 234 | 167 |
| Days Payable | 101 | 145 | 122 | 86 | 123 | 116 | 74 | 80 | 83 | 69 |
| Cash Conversion Cycle | 123 | 215 | 212 | 189 | 269 | 275 | 184 | 190 | 216 | 156 |
| Working Capital Days | 20 | 39 | 42 | 46 | 74 | 80 | 26 | 53 | 51 | 24 |
| ROCE % | 23 | 17 | 18 | 11 | 10 | 16 | 15 | 13 | 14 | 14 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 61.93% | 61.93% | 61.93% | 61.93% | 61.93% | 61.93% | 61.93% | 61.93% | 61.93% | 61.93% | 61.81% | 61.81% |
| FIIs | 1.5% | 1.39% | 1.53% | 1.59% | 1.63% | 1.84% | 1.81% | 1.83% | 1.48% | 1.83% | 1.48% | 1.49% |
| DIIs | 18.46% | 19.07% | 18.87% | 19.24% | 19.56% | 19.84% | 19.68% | 19.92% | 19.79% | 18.72% | 16.57% | 16.15% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 13.83% | 13.4% | 13.39% | 12.72% | 12.51% | 11.93% | 12.21% | 12.03% | 12.46% | 12.31% | 14.35% | 15.2% |
| Others | 4.27% | 4.21% | 4.28% | 4.52% | 4.37% | 4.47% | 4.37% | 4.28% | 4.33% | 5.21% | 5.79% | 5.35% |
| No. of Shareholders | 17203 | 16376 | 15677 | 15367 | 16105 | 16823 | 16811 | 16858 | 17095 | 15743 | 17082 | 17353 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 9 / 7 / 3

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 1045.79 | Sell |
| EMA (10) | 1029.34 | Sell |
| SMA (20) | 996.69 | Buy |
| EMA (20) | 1017.78 | Buy |
| SMA (50) | 1023.63 | Sell |
| EMA (50) | 996.99 | Buy |
| SMA (100) | 940.96 | Buy |
| EMA (100) | 946.46 | Buy |
| SMA (200) | 827.78 | Buy |
| EMA (200) | 880.12 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 51.74 | Neutral |
| MACD (12,26,9) | 12.58 | Buy |
| Stochastic (14,3,3) | 68.11 | Neutral |
| ADX (14) | 15.09 | Neutral |
| Williams %R (14) | -31.33 | Neutral |
| ATR (14) | 48.6 | High Volatility |
| ROC (12) | 7.72 | Buy |
| Stoch RSI (14) | 41.59 | Neutral |
| UO (7,14,28) | 47.38 | Neutral |

## Analyst Ratings

| Recommendation | Analysts | Share |
| --- | --- | --- |
| Buy | 2 | 100% |
| Hold | 0 | 0% |
| Sell | 0 | 0% |

Based on 2 analyst ratings, observed at 2026-09-11T04:49:05.060197+00:00.

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-29 | [Announcement Under Regulation 7(2) Of SEBI (PIT) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=18aa8215-e90b-4363-bb0b-939d0dd70f2c.pdf) |
| 2026-08-29 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dcfef446-e179-434e-862c-80deba6f96a0.pdf) |
| 2026-08-28 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3d3fe847-fc62-459b-8c3f-30dabf96e2b4.pdf) |
| 2026-08-28 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6540b187-adbf-4a81-865e-63341d28e182.pdf) |
| 2026-08-28 | [Intimation For Letter Sent To Members](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=58ad24e4-6028-4ef4-a958-8a58d79cd3a7.pdf) |
| 2026-08-28 | [Shareholders Meeting-AGM Notice](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c2384d0b-d5a3-462f-971a-903c02f67c16.pdf) |
| 2026-08-12 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b40097e0-d576-471c-ba61-4449b141b257.pdf) |
| 2026-08-11 | [Board Meeting Outcome for Board Meeting Outcome For Standalone And Consolidated Unaudited Financial Results Of The Company For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a7c843f5-2fa5-4eb1-9213-0a2ed804c86b.pdf) |
| 2026-08-11 | [Corporate Action-Board approves Dividend](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=42f7ecda-b890-4b8c-a02e-57c1c5947b41.pdf) |
| 2026-08-11 | [Corporate Action - Record Date For Dividend](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=078b3cd1-596d-40a0-a574-b82755f580f5.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-08-17 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=59931191-e673-4b7e-b813-8846136fe598.pdf) |
| 2026-05-26 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=84674947-6d3d-48e3-8e00-40039f78cf9f.pdf) |
| 2026-02-18 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d5803da7-5dc8-409f-80b8-01c7a59edfd0.pdf) |
| 2025-11-20 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3d00e539-af29-460c-b4c7-a76d50ddfd52.pdf) |
| 2025-08-21 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f1d280d5-cb09-4c39-954f-37ec269a2a36.pdf) |
| 2025-06-04 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=33a70c4e-b891-4651-b10b-6aa4ef4a2649.pdf) |
| 2025-02-18 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=20e179dd-8750-4ba8-a652-7e0baf66c73a.pdf) |
| 2024-11-19 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5737c156-4436-4412-a9af-b1ab51a8cf46.pdf) |
| 2024-08-17 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3de0a4ab-0c2a-4684-b4d6-e494fa8e1f0a.pdf) |
| 2024-05-28 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5a1a6e7e-1e4a-4bd9-bbe0-7decc4b7d254.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=55ef1991-264e-4cda-8819-888b7afaabff.pdf) |
| 2024-11-13 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f3955b98-eb71-4c58-a5cd-314af2076176.pdf) |
| 2024-08-12 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4bb72eb4-ec85-43da-a103-0901071e4840.pdf) |
| 2023-08-16 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1f1e70bb-ee76-45db-a6f5-52693a9ac8c6.pdf) |
| 2023-05-18 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=620cbeed-1290-4789-8159-a75515eac827.pdf) |
| 2023-02-10 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c6a151b1-d8ea-4b68-9918-0c588867aa6b.pdf) |
| 2022-11-04 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=13cae938-db80-4c22-9d58-3bf82f952b22.pdf) |
| 2022-05-24 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6514c773-8a82-4252-856f-e8ec1fd75c22.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-08-12 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9e124373-2090-4c83-88b4-3d70b9795c0d.pdf) |
| 2026-05-21 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d672f324-e5e6-4519-bfc6-bcdfb84355b2.pdf) |
| 2026-02-12 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a914f6de-e045-46f5-bc36-5c828854ecbe.pdf) |
| 2025-11-15 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dc6ac6a5-fd65-4b09-a0b1-7b2b85e18829.pdf) |
| 2025-08-18 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5e835eb4-fc05-4ff8-a99f-ed1c0761c448.pdf) |
| 2025-05-28 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7e99ce14-37c5-49bd-9e73-f424737dd51c.pdf) |
| 2025-02-11 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=acd8d886-2219-4b60-bd9b-d27e646cf233.pdf) |
| 2024-11-11 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ec6677bd-cca2-4e7b-9f92-23338b708bc6.pdf) |
| 2024-08-10 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=223f8245-f915-4fcc-9143-6bc225c4e522.pdf) |
| 2024-05-21 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1e9f5bd7-a7f2-4928-a96c-848626348c4f.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-11 | [30.06.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dd17d327-8a12-42cf-9f2c-ad6c1df8bece.pdf) |
| 2026-05-20 | [Results - Financial Results For 31.03.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=525795c6-2c75-4fd4-8345-317b598880f7.pdf) |
| 2026-02-11 | [Financial Results For The Quarter Ended 31.12.2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=50becdb5-f902-48b7-bb9d-aa521094659f.pdf) |
| 2025-11-14 | [Financials Results For The Quarter Ended September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=259ba189-49b7-401a-8aa9-6034f3e530dd.pdf) |
| 2025-08-14 | [Financial Results For The Quarter Ended June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f147ca3a-8ded-4e8a-a811-12578b2893d3.pdf) |
| 2025-05-27 | [Audited Financial Statement Of The Company For The Quarter And Year Ended March 31 2025 Approved At The Board Meeting Held On May 27 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b052322a-655d-4386-993c-2c32831b4330.pdf) |
| 2025-02-10 | [Results - Financial Results For The Quarter Ended 31.12.2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=35e642ad-788b-4a92-b926-f931c53a6606.pdf) |
| 2024-11-11 | [Financial Result For Q 2 FY 25](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=32c58355-135d-4e00-936d-46c72c784217.pdf) |
| 2024-08-10 | [Results - Financial Results For 30.06.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9394a525-d5c1-43ee-a291-4bdceb59c223.pdf) |
| 2024-08-10 | [Results - Financial Results For 30.06.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1f8aaba3-dcdc-4813-93fb-355e0aa4ed20.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Apr - S.P. Apparels invested Rs. 6.02 crore equity in Sri Lanka subsidiary SPAIPL on April 9, 2026. | [Announcement under Regulation 30 (LODR)-Acquisition 9 Apr - S.P. Apparels invested Rs. 6.02 crore equity in Sri Lanka subsidiary SPAIPL on April 9, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/12d7997a-97cd-49bf-b143-aeaed8e5e3e3.pdf) |
| 8h - S.P Apparels invested Rs. 6.31 crore in UK subsidiary SPUK on April 21, 2026. | [Announcement under Regulation 30 (LODR)-Acquisition 8h - S.P Apparels invested Rs. 6.31 crore in UK subsidiary SPUK on April 21, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/93e62433-8231-4675-9c57-83cb65f33e90.pdf) |
| 6 Apr - Issued Rs. 27.96 crore corporate guarantee for Jumeirah Lanka Pvt Ltd's HSBC term loan. | [Issuance Of Corporate Guarantee 6 Apr - Issued Rs. 27.96 crore corporate guarantee for Jumeirah Lanka Pvt Ltd's HSBC term loan.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9ee3707c-6edf-4cd7-9d2c-9de1de8b5165.pdf) |
| 28 Apr - S.P. Apparels confirms it is not a large corporate as of 31 March 2026. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 28 Apr - S.P. Apparels confirms it is not a large corporate as of 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e2010e44-7b09-436d-ae1c-d184bc9f7394.pdf) |
| 28 Apr - S.P. Apparels confirms it is not a large corporate as of 31 March 2026. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 28 Apr - S.P. Apparels confirms it is not a large corporate as of 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/e2010e44-7b09-436d-ae1c-d184bc9f7394.pdf) |
| 25 Mar - Trading window closed from 01-Apr-2026; reopens 48 hours after Q4 (31-Mar-2026) results declaration. | [Closure of Trading Window 25 Mar - Trading window closed from 01-Apr-2026; reopens 48 hours after Q4 (31-Mar-2026) results declaration.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/50535ece-49d0-4f51-a1b0-7e5e14fc9421.pdf) |
| 23 Mar - Postal ballot (21 Mar 2026) passed two special resolutions: reappoint Mrs S. Latha; approve Section 185 loans/guarantees. | [Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 23 Mar - Postal ballot (21 Mar 2026) passed two special resolutions: reappoint Mrs S. Latha; approve Section 185 loans/guarantees.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e5fbc817-c357-4da7-9ebe-a6d2a43f762b.pdf) |
| 21 Apr - S.P Apparels invested Rs. 6.31 crore in UK subsidiary SPUK on April 21, 2026. | [Announcement under Regulation 30 (LODR)-Acquisition 21 Apr - S.P Apparels invested Rs. 6.31 crore in UK subsidiary SPUK on April 21, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/93e62433-8231-4675-9c57-83cb65f33e90.pdf) |
| 20 Feb - Copy of Newspaper Publication dated 20.02.2026 regarding Postal Ballot | [Announcement under Regulation 30 (LODR)-Newspaper Publication 20 Feb - Copy of Newspaper Publication dated 20.02.2026 regarding Postal Ballot](https://www.bseindia.com/xml-data/corpfiling/AttachHis/51760255-5478-4e9c-b9d7-504076013869.pdf) |
| 2 Mar - The Nomination Remuneration Committee of Board of the Company, at their meeting held on March 2, 2026 has approved and allotted 46283 fully paid equity … | [Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 2 Mar - The Nomination Remuneration Committee of Board of the Company, at their meeting held on March 2, 2026 has approved and allotted 46283 fully paid equity …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b704d153-0841-430d-9b1f-ed46a4f83d1f.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3d00e539-af29-460c-b4c7-a76d50ddfd52.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5737c156-4436-4412-a9af-b1ab51a8cf46.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f71b66a3-663b-455a-9dad-4397f3904e4b.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/970f58fd-d56c-4363-86aa-06e8a379e22f.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/eb5bdbae-5f5b-493c-bbee-2a0e32e9c19c.pdf) |
| Nov 2020 | [Concall - Nov 2020](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d488975c-8c1f-4f44-b725-c99dcfa173e0.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/84674947-6d3d-48e3-8e00-40039f78cf9f.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/84674947-6d3d-48e3-8e00-40039f78cf9f.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d672f324-e5e6-4519-bfc6-bcdfb84355b2.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/d672f324-e5e6-4519-bfc6-bcdfb84355b2.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/635921bc-e50f-4c95-b0b5-68b2b2bfdf19.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/71cbc793-7895-45a8-9fd3-0a16e781c3bb.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0eae53c3-7918-4af3-a461-a11a52c7b60d.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/540048/74830540048.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/540048/69671540048.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:42:50.820Z.