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Companies›Consumer Discretionary›Consumer Durables›Consumer Durables

SPICE ISLANDS INDUSTRIES LIMIT

Consumer Durables › Consumer Durables
₹89.70
at close · 21 Sept 2026
▼ 1.50 (-1.64%)

Latest filings

  1. Secretarial Auditor Alok Khairwar resigns from Spice Islands Industries · Management Changes
  2. SEBI conducts search and seizure at Spice Islands Industries premises · Regulatory & Legal
  3. Spice Islands Industries explains delay in Q1FY27 results filing · Regulatory & Legal
  4. Spice Islands Industries publishes Q1FY27 results in newspapers · Compliance
  5. Q1 FY27 results: revenue jumps 9x, PAT up 320% YoY · Results
  6. Q1 FY27 Results: Revenue jumps over 800 percent year-on-year · Results
  7. Exempted from related party transaction disclosure rules for Q1 FY27 · Compliance
  8. Q1 FY26-27 Results: Revenue surges 825% YoY to Rs 17.83 Cr, PAT up 320% · Results
  9. Board approves Q1 FY27 results; revenue jumps over 8x to Rs 17.83 cr · Results
  10. 38th AGM: All 13 Resolutions Passed Including Stock Split and JV · Board & Shareholder Meetings
  11. Stock split record date fixed; 1 share of Rs 10 to become 5 shares of Rs 2 · Corporate Actions
  12. Board meeting on Aug 14 2026 to consider Q1 unaudited financial results · Results
  13. 38th AGM proceedings: stock split 1:5, final dividend, JV approved · Board & Shareholder Meetings
  14. Spice Islands Industries reports no deviation in preferential issue fund use for Q1FY27 · Fund Raising
  15. Corrigendum to newspaper ad for 38th AGM fixing company name typo · Compliance
  16. Board approves JV for HYMAX Green Energy, new Independent Director · Strategic Transactions
  17. New Independent Director appointed; JV for green energy; water plant deal · Management Changes
  18. Board appoints director, clears green energy JV and water plant deal · Board & Shareholder Meetings
  19. Spice Islands Industries announces dispatch of Annual Report 2025-26 · Compliance
  20. Spice Islands Industries to hold 38th AGM on August 7, 2026 via video conferencing · Compliance
  21. 38th AGM Notice: Stock Split, Final Dividend, Director Changes, New JV · Board & Shareholder Meetings
  22. FY26 Annual Report and AGM Notice filed; final dividend Rs 0.60, stock split 1:5 proposed · Results
  23. Spice Islands board to meet on July 18 for director appointment and green energy JV · Board & Shareholder Meetings
  24. Routine compliance filing: Confirmation certificate for Q1 FY27 dematerialisation · Compliance
  25. Newspaper advertisement for 38th AGM on August 07, 2026 · Compliance
  26. Board approves 1:5 stock split of equity shares · Corporate Actions
  27. Board approves 1:5 stock split, AGM on Aug 7, joint venture in wellness beverages · Board & Shareholder Meetings
  28. Board approves 1:5 stock split, director changes and related party deals · Board & Shareholder Meetings
  29. Spice Islands Industries announces 1:5 stock split, board changes and new JV · Corporate Actions
  30. Board approves 5-for-1 stock split, director changes, related party deals and new JV · Board & Shareholder Meetings
  31. Spice Islands Industries Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/07/2026 ,inter alia, to consider and approve Intimation of Board .... · Board & Shareholder Meetings
  32. Spice Islands signs hotel lease for The Ocean Prime in Dwarka, Gujarat · Business Updates
  33. Trading Window Closure for Q1 FY27 Results · Compliance
  34. Spice Islands Industries signs MoU with Erva Food and Beverages · Strategic Transactions
  35. Pursuant to Regulation 30 read with Schedule III of the SEBI (LODR) Regulations, 2015, the Company hereby inform that the Board of Directors by way of circular Resolution passed on June .... · Board & Shareholder Meetings
  36. Outcome of Circular Resolution passed by the Board of Directors on June 10, 2026 · Board & Shareholder Meetings
  37. Intimation under Regulation 30 of the SEBI (LODR) 2015 - Execution of the Joint Venture Agreement with the Peace Mission Private Limited · Strategic Transactions
  38. Outcome of the Board Meeting under Regulation 30 of the SEBI (LODR) 2015 - Execution of Joint Venture Agreement with the Peace Mission Private Limited · Strategic Transactions
  39. Disclosure under Regulation 47 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 - Financial Results published in Newspaper · Compliance
  40. Base on the recommendation of Audit Committees approved the reappointment of P.D. Chopda & Co. Chartered Accountants as Internal Auditor of the Company under Section 138 of Companies Act, .... · Results
  41. The Board has fixed Friday, July 31, 2026 as the Record Date for deterring the entitlement of members to the dividend, if declared at the ensuing Annual General Meeting. · Results
  42. The Board of Directors has recommended a dividend of Rs. 0.60 (Rupees Sixty Paise Only) per equity shares for the financial year 2025-26, subject to the approval of the members at the ensuing .... · Corporate Actions
  43. Audited Financial Results for the Quarter and Year ended March 31, 2026 and Declaration/Recommendation of Final Dividend · Results
  44. Outcome of the Board Meeting held on May 29, 2026 - Audited Financial Results for the 4th Quarter and Financial Year ended March 31, 2026 and Declaration of Final Dividend · Results
  45. Spice Islands Industries Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2026 ,inter alia, to consider and approve The meeting of the .... · Board & Shareholder Meetings
  46. Approval for appointment of Ms. Nitu Vishwakarma (DIN: 11731242) as an Additional Director (Non Executive & Independent Director), by way of circular resolution passed on Wednesday, May .... · Management Changes
  47. The Board of Directors of the Company, by way of circular resolution passed on Wednesday, May 20, 2026, has inter alia approved the following i.e. 1. appointment of Ms. Nitu Vishwakarma .... · Management Changes
  48. Non Applicability of Regulations 23(9) of SEBI (LODR) Regulations, 2015 for the quarter ended March 31, 2026. · Compliance
  49. Non-Applicability Disclosure: Not Identified as Large Corporate for FY2026 · Compliance
  50. Statement of deviation or variation in utilization of funds raised through Preferential issue for the quarter ended March 31, 2026 · Fund Raising
All filings ↓
Ask Nexa about SPICE ISLANDS INDUSTRIES LIMIT

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Operates in hospitality, food and beverages, and electric vehicle rental. In FY26, total revenue was Rs 17.891 crore, with food and beverages the largest disclosed segment at Rs 7.48 crore of segment revenue, followed by hospitality at Rs 2.97 crore and EV rental at Rs 0.46 crore (period ending 2026-03-31). The hospitality segment runs a 26-room hotel, The Ocean Prime in Dwarka, Gujarat, leased at Rs 3 lakh per month with a 10% annual rise and a Rs 50 lakh refundable deposit. New businesses are being added: a 60:40 JV with The Peace Mission for "Peace Rogers" wellness beverages (initial 210 ml fortified drink with Vitamin C, D3, B12, Spirulina and ORS), a JV with Globalone Enterprises for the HYMAX Green Energy Project (10-system POC at an estimated Rs 3 crore, 75% funded by the company), and a Business Operation and Management Agreement with The Cloud Water to run a packaged drinking water plant, where the company bears all costs and retains 100% of net profits. Operating costs are dominated by "other opex" at 30.2% of revenue, while materials cost just 5% of revenue, and capex was 23.6% of FY26 revenue. The company raised Rs 8.70 crore via a preferential issue in December 2025 and proposed a 1:5 stock split at the 38th AGM.

Operating scale
Hotel rooms
26 roomsFY26
Hotel property
The Ocean Prime, Dwarka, GujaratFY26
HYMAX Green Energy POC
10 systems, Rs 3 crore estimated costFY27
Peace Rogers initial product
210 ml fortified wellness drinkFY27
Peace Rogers JV stake
60% (Spice Islands) / 40% (Peace Mission)FY27
Funds raised via preferential issue
Rs 8.70 crore (19,33,324 shares at Rs 45)Dec 2025
Who pays it
End consumers — hotel guests, diners, beverage buyers, and electric vehicle renters.
Biggest cost
Other operating expenses, at 30.2% of FY26 revenue, dwarfing materials (5%) and employee costs (8.6%).
Kind of business
Small, multi-line consumer and hospitality business diversifying into wellness beverages, green energy, and packaged drinking water.
Where it sits
BSE-listed micro-cap with FY26 revenue of Rs 17.891 crore and net profit of Rs 5.6625 crore; classified under Consumer Durables (Gems, Jewellery and Watches) per exchange records, though operations are in hospitality, F&B and EV rental.
Market Cap
₹56 Cr
P / E (TTM)
7.6×
EV / EBITDA
9.3×
Div Yield
0.94%
Growth
22.1%▲
Revenue 5y CAGR
PAT — · EBITDA —
Quality
49.7%▲
ROCE (5y median)
ROE 20.3% · margin 32.3%
Leverage
0.04·
Debt / Equity · low
Net debt ₹-2 Cr
Revenue FY21→FY26
2.7×▲
Margin +64.6 pts
₹7 Cr → ₹18 Cr
Cash conversion
0.54×▼
Operating cash ÷ profit · 5 yrs
₹3 Cr on ₹5 Cr
Where it sits among 53 Gems, Jewellery And Watches peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#18/54
P/B#29/37
ROCE#3/52
ROE#2/40
Debt / Equity#20/40
EBITDA margin#8/35
Revenue growth#1/36
Profit growth#7/34

Scorecard

Measured from the filed financials, judged against its Gems, Jewellery And Watches peers · as of FY26 — not investment advice

Strengths
Revenue compounding 22% a year over 5 years
Profit grew in every one of the last 5 years
Returns on capital 49.7% (5-year median)
#3 of 52 in Gems, Jewellery And Watches on the latest reported figures · up from -185.2% in FY21
Concerns
Over 5 years it reported ₹5 Cr of profit and ₹3 Cr of operating cash — 0.54×
Less than 60p of every ₹1 of profit arrived as cash
Customers are taking longer to pay — 38 → 58 days of receivables
FY21 → FY26

Charts

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Price

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Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from SPICE ISLANDS INDUSTRIES LIMIT's filed financials and exchange disclosures

What does SPICE ISLANDS INDUSTRIES LIMIT do?

SPICE ISLANDS INDUSTRIES LIMIT is a Consumer Durables company listed on BSE.

Is SPICE ISLANDS INDUSTRIES LIMIT profitable?

Yes. Over the trailing twelve months SPICE ISLANDS INDUSTRIES LIMIT reported a net profit of ₹6 Cr on revenue of ₹18 Cr.

Does SPICE ISLANDS INDUSTRIES LIMIT pay a dividend?

Yes. The dividend yield is 0.94% at the current price. It paid out 9% of its profit as dividend in FY26.

Is SPICE ISLANDS INDUSTRIES LIMIT debt-free?

Effectively yes. It holds ₹2 Cr more cash than debt. Debt stands at 0.04× equity.

Is SPICE ISLANDS INDUSTRIES LIMIT expensive compared with its peers?

On trailing P/E, SPICE ISLANDS INDUSTRIES LIMIT ranks 18 of 54 in Gems, Jewellery And Watches — cheaper than 68% of them, against an industry median of 12.9×. This is a position, not a valuation judgement.

Where can I track SPICE ISLANDS INDUSTRIES LIMIT's announcements?

Every NSE and BSE filing by SPICE ISLANDS INDUSTRIES LIMIT appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.