An SME-listed garments and apparels company headquartered in Jaipur, with a total asset base of ₹28.0661 crore as of FY26. In FY26 it booked ₹42.6355 crore in revenue from operations, up 61.3% year-on-year, while net profit stood at ₹100.60 lakhs against ₹85.86 lakhs the year before. The cost structure is dominated by raw materials at 90.9% of revenue (₹38.7767 crore), with employee cost at 3.4% (₹1.431 crore) and other operating expenses at 8.8% (₹3.756 crore), giving a typical low-value-add garment profile. Capital spending was light at ₹0.3352 crore (0.8% of revenue). The available filings do not specify product categories, customer segments, production capacity, plant count, or workforce size. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Garments & Apparels. Asset-light, low-value-add garments manufacturing with very high material intensity
| ₹ crore · consolidated | FY25 | FY26 |
|---|---|---|
| Revenue | 26 | 43 |
| EBITDA (ex other income) | — | — |
| margin % | — | — |
| Owners' profit | — | — |
| EPS, as reported (₹) | 1.10 | 1.29 |
| ROE % · ROCE % | — · 12.6 | — · 15.6 |
| Debt / equity (x) | — | — |
| Cash from operations | (8) | (2) |
| Capex | (0) | (0) |
| ₹ crore | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|
| Revenue | 12 | 14 | 14 | 29 |
| Profit before tax | 1 | 1 | 1 | 1 |
| Net profit | — | — | — | — |
| EPS (₹) | 0.54 | 0.57 | 0.72 | 0.56 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| PAGE INDUSTRIES LTD | 39,474 | 52.2 | 26.27 | — | 50.8 | 58.6 | — | 21.1 |
| ARVIND LIMITED | 15,120 | 36.5 | 3.65 | 15.8 | 10.3 | 11.9 | 12.9 | 9.4 |
| GOKALDAS EXPORTS LTD. | 5,773 | 56.0 | 2.67 | 15.3 | 4.6 | 6.0 | 26.9 | 12.1 |
| PEARL GLOBAL IND LIMITED | 5,506 | 17.7 | 3.83 | 11.0 | 18.8 | 16.8 | 27.5 | 11.2 |
| LUX INDUSTRIES LIMITED | 3,443 | 32.3 | 1.89 | 19.2 | 5.8 | 7.3 | 8.4 | 8.2 |
| KEWAL KIRAN CLOTHING LTD | 3,051 | 20.6 | 2.73 | 11.2 | 13.6 | 16.6 | 32.0 | 24.0 |
| S. P. APPARELS LIMITED |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 26 Aug 2026 · 4th AGM notice and e-voting details for 18 September 2026 | compliance | minimal | — | — |
| 25 Aug 2026 · Kizi Apparels files Annual Report FY26, AGM set for 18 Sept 2026 | board shareholder meetings | low | — | — |
| 25 Aug 2026 · Kizi Apparels AGM on 18 Sep 2026; FY26 sales up 61%, seeks RPT nod | board shareholder meetings | low | — | — |
| 25 Aug 2026 · Kizi Apparels 4th AGM on September 18, 2026 via video conferencing | compliance | minimal | — | — |
| 20 Aug 2026 · Board meeting outcome: AGM notice, MD appointment, related party transactions | board shareholder meetings | low | — | — |
| 17 Aug 2026 · Board meeting on Aug 20, 2026 to approve AGM notice and annual report | board shareholder meetings | low | — | — |
| 16 Jul 2026 · Promoter Abhishek Nathani acquires 5L shares via warrant conversion | ownership changes | high | — | — |
| 15 Jul 2026 · Promoters file insider trading disclosure for share allotment | compliance | minimal | — | — |
| 15 Jul 2026 · Promoter acquires 5.01 lakh shares via warrant conversion; stake falls to 49.23% | ownership changes | medium | — | — |
| 14 Jul 2026 · Warrants converted into 23.04 lakh equity shares at Rs 15.50 each | fund raising | medium | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| 2,582 |
| 24.5 |
| 2.75 |
| 12.4 |
| 10.7 |
| 14.2 |
| 19.3 |
| 15.9 |
| KITEX GARMENTS LTD | 2,473 | — | 2.00 | 36.2 | (1.1) | 0.3 | 7.9 | 11.3 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 7.7 | 17.7 | 9 of 39 | 79% |
| ROCE | 10.4 | 8.4 | 19 of 44 | 58% |
| Market cap | 14 | 158 | 40 of 44 | 9% |
| A state: the latest filed quarter and the measured reactions |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
