SEBI Reg. Investment Advisor

Download App
Help Center Pricing
Money Works 4 Me Logo MoneyWorks4Me
Login Get Free Account
Sign Up

MoneyWorks4Me

Log In Sign Up Schedule Free 15‑min Call
Login Get Free Account
Sign Up

INVESTMENT INSIGHTS

Check Before You Invest : S.P. Apparels Ltd

BSE: 540048 NSE: SPAL ISIN: INE212I01016
  |   Sector:  Textiles & Apparels   |   Industry:  Textile

Snapshot

Q.1 Which industry/sub-sector does S.P. Apparels Ltd belong to?
S.P. Apparels Ltd belongs to the Textiles & Apparels sector, operating specifically within the Textile segment.
Q.2 Is S.P. Apparels Ltd a good quality company?
S.P. Apparels Ltd is a quality company, based on a 10 year financial track record.
Q.3 Is S.P. Apparels Ltd undervalued or overvalued?
S.P. Apparels Ltd appears Overvalued, as its key valuation ratios are above with their past averages.
Q.4 Is S.P. Apparels Ltd a good buy now?
S.P. Apparels Ltd is a good buy now, based on strong price trend analysis suggesting prices may rise. However, you need to check its quality and valuation before making a decision

Performance Analysis

Q.1 Revenue growth of S.P. Apparels Ltd?
S.P. Apparels Ltd revenue growth is 28.3% for FY-2025 , which is above its 5 year CAGR of 11.5% , indicating faster growth.
Q.2 Gross Profit margin of S.P. Apparels Ltd?
S.P. Apparels Ltd Gross profit margin which is the profit after deduction of direct costs, is 11.9% for FY-2025 , which is below its 5 year median of 14% , indicating decreasing margins.
Q.3 Operating Profit Margin of S.P. Apparels Ltd?
S.P. Apparels Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is 13.55% for FY-2025 , which is below its 5 year median of 15.24% indicating decreasing margins.
Q.4 Net Profit Margin of S.P. Apparels Ltd?
S.P. Apparels Ltd Net Profit Margin is 6.82% for FY-2025 , is below with its 5 year median of 7.63%, indicating decreasing margins.
Current Level Historic Median
Gross Profit Margin 11.9 14
Operating Profit Margin 13.55 15.24
Net Profit Margin 6.82 7.63
Q.5 Return on Asset of S.P. Apparels Ltd?
S.P. Apparels Ltd Return on Asset is 7.32(x), which is below its 5 year historical median of 7.35(x), indicating deteriorated asset utilization efficiency.
Q.6 Return on Equity (ROE) of S.P. Apparels Ltd?
S.P. Apparels Ltd Return on equity is 11.74% for FY-2025 , which is below its historical median of 12.47%, indicating the business is making worse use of its shareholders capital.
Q.7 Return on capital employed (ROCE) of S.P. Apparels Ltd?
S.P. Apparels Ltd Return on capital employed is 14.53% for FY-2025 , which is above its estimated weighted average cost of capital(WACC) 14%, indicating value creation.
Q.8 Cash conversion cycle of S.P. Apparels Ltd?
S.P. Apparels Ltd Cash conversion cycle is 102 , below its historical median of 103 , indicating improved working capital management. However, you need to compare this with its peers in the industry.
Current Level Historic Median
Asset Turnover 1.07 0.96
ROE 11.74 12.47
ROCE 14.53 14.98
Cash Conversion Cycle 102 103
Q.9 Debt to Equity ratio of S.P. Apparels Ltd?
S.P. Apparels Ltd Debt-to-Equity ratio is 0.42 , which is in line with the industry average of 0.42 , indicating similar to debt levels in the industry.
Q.10 Debt to cash flow from operations of S.P. Apparels Ltd?
S.P. Apparels Ltd Debt to cash flow from operations is 8.07 , which is at a unhealthy level, indicating the business is not able to service its debt comfortably.

Ownership & governance

Q.1 Promoter shareholding and pledge status of S.P. Apparels Ltd?
Promoters hold 61.93% of the S.P. Apparels Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Peer comparison (industry-wise, mcap)

Q.1 Revenue growth of S.P. Apparels Ltd vs industry peers?
S.P. Apparels Ltd revenue CAGR is 11.52% , compared to the industry median CAGR of 0.00% , indicating faster growth and gaining its market share.
Profit Metrics
Current Level Industry Median
Revenue 1,395.1 96.6
Gross Profit 166 3.2
Operating Profit 188 5.7
Net Profit 95 1.5
Operating Efficiency
Current Level Industry Median
Asset Turnover 1.07 0.95
ROE 11.74 4.25
ROCE 14.53 7.55
Cash Conversion Cycle 102.2 102

Valuation & price assessment

Q.1 Stock return of S.P. Apparels Ltd over the last decade?
Over the last 9 years, the stock has delivered a CAGR of 0% based on the current price.
Q.2 What return has the stock given over the last decade?
9Y 5Y 3Y 1Y
Share Price - 38.6% 33.3% 12.2%
Q.3 Valuation ratios of S.P. Apparels Ltd vs historical?
The current P/E is lower that its historical median.
Q.4 How do the current valuation ratios measure up against the historic numbers and the current industry numbers?
Valuation Ratios Current Historic Median Industry Median
Price to Earnings 16.93 21.14 30.76
Price to Book 2.06 0.69 1.39
Price to Sales 1.18 0.63 1.01
EV to EBITDA 9.13 6.21 9.47

Check more companies

1. K.P.R. Mill
2. Vardhman Textiles
3. Welspun Living
4. Vedant Fashions
5. Arvind
6. Swan Corp
7. Pearl Global Inds.
8. Alok Inds
9. Garware Tech. Fibres
10. Raymond Lifestyle
2026 ©The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me® is a registered trademark of The Alchemists Ark Pvt. Ltd.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×