S. P. Apparels Limited has informed the Exchange about Investor Presentation
SPAL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
S. P. Apparels Limited reported FY26 consolidated revenue of Rs. 15,786.4 Mn (up 13.2% YoY) and EBITDA of Rs. 2,178.1 Mn (up 16.0% YoY), with PAT at Rs. 1,009.5 Mn (up 6.1% YoY). However, Q4FY26 showed a quarterly decline with revenue down 8.6% YoY to Rs. 3,649.1 Mn and PAT down 38.8% YoY to Rs. 185.9 Mn. The Garment Division remains the core driver with FY26 revenue of Rs. 14,219.8 Mn. Notably, SPUK (UK) achieved its first positive EBITDA of Rs. 11.0 Mn in FY26, and the Retail Division turned profitable from Q2FY26 onwards. Management targets peak capacity utilization of 90%+ and aims to raise capital from markets while seeking a strategic investor. Management guides sustainable EBITDA margins of 17-18% going forward.
Mixed signals for shareholders: Full-year growth was solid with margin improvement, but Q4FY26 showed a sharp quarterly slowdown in revenue and profits. The turnaround in SPUK and Retail divisions are positives, while the planned capital raise may dilute existing shareholders.