S P Apparels Ltd Share Price ₹796 | P/E 17.3

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of S P Apparels Ltd

Quarter-by-quarter operating performance

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales +	275	248	292	252	295	245	391	359	399	403	427	383	365
Expenses +	235	212	246	218	254	212	342	308	345	351	365	329	321
Operating Profit	40	36	47	34	41	33	50	51	54	53	62	54	44
OPM %	14%	15%	16%	14%	14%	13%	13%	14%	14%	13%	15%	14%	12%
Other Income +	2	4	6	5	2	3	2	3	4	2	7	6	4
Interest	7	6	4	5	3	5	11	8	10	12	10	10	9
Depreciation	9	9	10	9	9	10	11	12	11	11	12	12	12
Profit before tax	25	25	38	24	30	21	30	34	37	31	47	37	26
Tax %	19%	40%	26%	28%	5%	12%	28%	29%	19%	32%	26%	27%	30%
Net Profit +	21	15	29	18	28	18	22	24	30	21	35	27	19
EPS in Rs	8.21	5.98	11.38	7.03	11.35	7.20	8.75	9.64	12.12	8.53	13.83	10.74	7.35

Financials of S P Apparels Ltd

Annual income statement trend

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Sales +	471	532	632	662	825	808	652	859	1,081	1,087	1,395	1,579
Expenses +	403	447	528	555	691	724	547	707	935	929	1,207	1,367
Operating Profit	69	85	104	106	134	84	105	152	146	158	188	211
OPM %	15%	16%	16%	16%	16%	10%	16%	18%	14%	15%	13%	13%
Other Income +	7	-12	21	16	3	13	1	9	20	16	12	18
Interest	31	25	18	29	6	23	14	12	19	19	33	41
Depreciation	20	20	19	22	22	30	32	35	36	38	43	48
Profit before tax	24	28	87	71	109	44	59	115	111	118	123	141
Tax %	60%	33%	38%	33%	33%	-6%	27%	26%	26%	24%	23%	28%
Net Profit +	10	19	54	48	73	47	43	85	83	90	95	101
EPS in Rs	5.98	10.98	21.30	19.00	28.56	18.26	16.80	32.96	32.88	35.72	37.90	40.11
Dividend Payout %	0%	0%	0%	3%	0%	0%	13%	0%	9%	0%	0%	0%

Financials of S P Apparels Ltd

Capital structure and asset base

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	17	17	25	25	26	26	26	26	25	25	25	25
Reserves	59	96	332	372	458	498	533	612	649	739	831	921
Borrowings +	304	279	185	223	211	226	194	231	245	203	381	419
Other Liabilities +	140	169	134	189	192	143	160	193	179	175	219	226
Total Liabilities	520	561	677	810	887	892	912	1,062	1,097	1,142	1,456	1,591
Fixed Assets +	275	277	299	307	317	444	444	450	459	454	595	686
CWIP	0	4	0	6	54	0	10	8	10	19	31	4
Investments	1	1	58	31	0	0	0	3	113	51	10	58
Other Assets +	244	280	319	465	515	448	458	602	515	618	821	843
Total Assets	520	561	677	810	887	892	912	1,062	1,097	1,142	1,456	1,591

Financials of S P Apparels Ltd

Operating, investing and financing cash movement

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	84	49	26	-1	82	83	80	27	216	79	44	209
Cash from Investing Activity +	-6	-28	-116	-15	-60	-39	-21	-29	-160	6	-170	-189
Cash from Financing Activity +	-77	-20	92	19	-17	-45	-42	24	-48	-67	82	-1
Net Cash Flow	1	1	2	3	5	-1	17	21	8	19	-44	18
Free Cash Flow	69	23	-11	-40	-3	32	36	-6	164	25	-37	103
CFO/OP	126%	64%	43%	20%	72%	114%	90%	34%	167%	71%	42%	117%

Financials of S P Apparels Ltd

Working capital efficiency and return ratios

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	58	56	78	91	57	42	65	49	35	55	66	59
Inventory Days	190	228	147	268	277	233	327	342	223	214	234	167
Days Payable	173	209	101	145	122	86	123	116	74	80	83	69
Cash Conversion Cycle	74	75	123	215	212	189	269	275	184	190	216	156
Working Capital Days	-79	-58	20	39	42	46	74	80	26	53	50	27
ROCE %	14%	18%	23%	17%	18%	11%	10%	16%	15%	13%	14%	14%