SP Apparels Complete Financial Statements
12 Years of Data
2026 - 2015
In FY2026, SP Apparels (SPAL) reported revenue ₹369 Cr, net profit ₹19 Cr and EPS ₹7.40, with a net profit margin of 5.1% and ROE of 2.0%. Full financial statements from FY2015 to FY2026 (12 years) — income statement, balance sheet and cash flow in ₹ Crores. Download as Excel or CSV. For live price, earnings ratios and company overview, see SP Apparels share price chart.
Complete Financial Data Export
Profitability Ratios
Net Profit Margin
5.15%
2026 data
EBITDA Margin
12.74%
2026 data
Operating Margin
12.00%
2026 data
Return on Assets
1.19%
2026 data
Return on Equity
2.01%
2026 data
Balance Sheet Ratios
Current Ratio
7.28
2026 data
Equity Ratio
59.46%
2026 data
Asset Turnover
0.23
2026 data
SPAL Revenue, Net Profit & EBITDA — Year-on-Year Growth
SPAL YoY (Mar 2025 vs Mar 2026) — revenue -8.4%, net profit -36.7%, EBITDA -20.3%, expenses -7.0%. Review SPAL P/E ratio to evaluate earnings-based valuation against sector peers.
Revenue Growth
-8.4%
Year-over-Year
Net Profit Growth
-36.7%
Year-over-Year
EBITDA Growth
-20.3%
Year-over-Year
Expense Growth
-7.0%
Year-over-Year
Assets Growth
+9.3%
Year-over-Year
Equity Growth
+11.3%
Year-over-Year
Operating Cash Flow Growth
-44.3%
Year-over-Year
Investing Cash Flow Growth
-2933.3%
Year-over-Year
Financing Cash Flow Growth
+223.9%
Year-over-Year
SPAL Income Statement — Revenue, EBITDA & Net Profit
SP Apparels revenue ₹369 Cr, EBITDA ₹47 Cr, net profit ₹19 Cr, EPS ₹7.40 (2026) — net profit margin 5.1%. Explore SP Apparels intrinsic price to estimate fundamental worth using multiple valuation models.
Periods
₹ Crores
| Particulars | Mar 2026 | Sept 2025 | Mar 2025 | Jun 2025 | Dec 2025 | Sept 2024 | Mar 2024 | Jun 2024 | Dec 2024 | Sept 2023 | Mar 2023 | Jun 2023 | Dec 2023 | Sept 2022 | Mar 2022 | Jun 2022 | Dec 2022 | Sept 2021 | Mar 2021 | Jun 2021 | Dec 2021 | Sept 2020 | Mar 2020 | Jun 2020 | Dec 2020 | Sept 2019 | Mar 2019 | Jun 2019 | Dec 2019 | Sept 2018 | Mar 2018 | Jun 2018 | Dec 2018 | Sept 2017 | Mar 2017 | Jun 2017 | Dec 2017 | Sept 2016 | Mar 2016 | Jun 2016 | Dec 2016 | Sept 2015 | Jun 2015 | Dec 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 369 | 434 | 403 | 405 | 389 | 394 | 297 | 248 | 362 | 298 | 277 | 252 | 257 | 315 | 259 | 253 | 259 | 223 | 192 | 133 | 254 | 190 | 170 | 62 | 210 | 256 | 223 | 226 | 182 | 191 | 184 | 191 | 224 | 171 | 163 | 161 | 163 | 173 | 152 | 164 | 154 | 116 | 116 | 126 |
| Expenses | 321 | 365 | 345 | 351 | 329 | 342 | 254 | 212 | 308 | 246 | 235 | 212 | 218 | 268 | 209 | 203 | 229 | 182 | 167 | 105 | 212 | 156 | 151 | 55 | 171 | 219 | 189 | 203 | 163 | 158 | 149 | 162 | 183 | 143 | 133 | 132 | 133 | 142 | 148 | 135 | 120 | 106 | 104 | 107 |
| EBITDA | 47 | 69 | 59 | 55 | 60 | 52 | 42 | 36 | 54 | 52 | 42 | 40 | 39 | 47 | 49 | 50 | 30 | 41 | 25 | 28 | 42 | 35 | 19 | 7 | 39 | 37 | 34 | 23 | 19 | 33 | 35 | 29 | 41 | 28 | 30 | 29 | 30 | 31 | 4 | 30 | 34 | 10 | 12 | 19 |
| Operating Profit Margin % | 12.00% | 15.00% | 14.00% | 13.00% | 14.00% | 13.00% | 14.00% | 13.00% | 14.00% | 16.00% | 14.00% | 15.00% | 14.00% | 12.00% | 18.00% | 17.00% | 9.00% | 18.00% | 13.00% | 21.00% | 15.00% | 18.00% | 11.00% | 11.00% | 18.00% | 11.00% | 15.00% | 7.00% | 8.00% | 17.00% | 18.00% | 15.00% | 18.00% | 14.00% | 15.00% | 12.00% | 18.00% | 15.00% | 1.00% | 17.00% | 18.00% | 9.00% | 8.00% | 15.00% |
| Depreciation | 12 | 12 | 11 | 11 | 13 | 11 | 10 | 10 | 12 | 10 | 9 | 9 | 9 | 8 | 9 | 10 | 9 | 9 | 8 | 8 | 9 | 8 | 8 | 8 | 9 | 8 | 6 | 6 | 8 | 5 | 6 | 5 | 6 | 5 | 5 | 5 | 6 | 5 | 5 | 4 | 5 | 5 | 5 | 5 |
| Interest | 9 | 10 | 10 | 12 | 10 | 11 | 3 | 5 | 8 | 4 | 7 | 6 | 6 | 8 | 4 | 5 | 2 | 1 | 2 | 3 | 4 | 3 | 5 | 5 | 4 | 6 | -2 | 6 | 6 | 6 | 10 | 4 | -2 | 8 | 3 | 7 | 4 | 4 | 7 | 8 | 4 | 8 | 6 | 5 |
| Profit Before Tax | 26 | 47 | 38 | 32 | 37 | 30 | 30 | 21 | 34 | 38 | 25 | 25 | 25 | 31 | 37 | 36 | 19 | 31 | 15 | 17 | 30 | 23 | 5 | -6 | 27 | 23 | 30 | 11 | 5 | 21 | 19 | 20 | 38 | 15 | 22 | 17 | 20 | 22 | -8 | 18 | 25 | 6 | 10 | 19 |
| Tax | 8 | 12 | 7 | 10 | 10 | 9 | 1 | 3 | 10 | 10 | 5 | 10 | 7 | 8 | 11 | 10 | 6 | 8 | 5 | 5 | 6 | 4 | 2 | 0 | 7 | -12 | 11 | 4 | 3 | 7 | 6 | 7 | 11 | 5 | 11 | 6 | 6 | 7 | -2 | 6 | 10 | 2 | 3 | 7 |
| Net Profit | 19 | 35 | 30 | 21 | 27 | 22 | 29 | 18 | 24 | 29 | 21 | 15 | 18 | 23 | 25 | 26 | 13 | 23 | 11 | 12 | 25 | 19 | 3 | -6 | 20 | 35 | 19 | 7 | 2 | 15 | 13 | 13 | 27 | 10 | 11 | 11 | 14 | 16 | -5 | 12 | 16 | 5 | 7 | 13 |
| Earnings Per Share (₹) | 7.40 | 13.83 | 12.11 | 8.20 | 10.76 | 8.73 | 11.34 | 7.19 | 9.86 | 11.39 | 8.18 | 5.97 | 7.02 | 8.92 | 9.83 | 10.04 | 5.21 | 9.05 | 4.11 | 4.50 | 9.59 | 7.31 | 1.09 | -2.27 | 7.65 | 13.58 | 7.43 | 2.85 | 0.74 | 5.80 | 5.26 | 4.97 | 10.42 | 3.09 | 4.25 | 4.39 | 5.47 | 6.21 | -3.75 | 6.09 | 6.27 | 2.39 | 3.93 | 7.43 |
SPAL Balance Sheet — Assets, Liabilities & Shareholders' Equity
SPAL total assets ₹1,591 Cr, total equity ₹946 Cr, total liabilities ₹ Cr (2026) — ROE 2.0%.
Years
Annual Data
₹ Crores
| Particulars | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| Total Assets | 1,591 | 1,456 | 1,142 | 1,097 | 1,062 | 912 | 893 | 887 | 810 | 684 | 561 | 535 |
| Current Assets | 728 | 741 | 601 | 565 | 567 | 436 | 429 | 486 | 483 | 369 | 251 | 221 |
| Fixed Assets | 666 | 595 | 454 | 459 | 450 | 444 | 444 | 317 | 307 | 297 | 277 | 275 |
| Capital Work in Progress | 4 | 31 | 19 | 10 | 8 | 10 | 0 | 54 | 6 | 0 | 4 | 0 |
| Investments | 310 | 10 | 52 | 113 | 3 | 0 | 0 | 0 | 31 | 58 | 0 | 0 |
| Other Assets | 0 | 821 | 618 | 515 | 602 | 458 | 448 | 515 | 465 | 328 | 281 | 259 |
| LIABILITIES | ||||||||||||
| Total Liabilities | ||||||||||||
| Current Liabilities | 100 | 97 | 69 | 79 | 114 | 99 | 95 | 76 | 83 | 67 | 109 | 106 |
| Non-Current Liabilities | ||||||||||||
| SHAREHOLDERS' EQUITY | ||||||||||||
| Total Equity | 946 | 850 | 757 | 667 | 631 | 552 | 517 | 478 | 391 | 383 | 127 | 114 |
| Share Capital | 25 | 25 | 25 | 25 | 26 | 26 | 26 | 26 | 25 | 45 | 37 | 44 |
| Reserves & Surplus | 921 | 831 | 739 | 649 | 612 | 533 | 498 | 458 | 372 | 345 | 96 | 75 |
SPAL Cash Flow Statement — Operating, Investing & Financing
SP Apparels operating cash flow ₹44 Cr, investing ₹-170 Cr, financing ₹83 Cr, net cash flow ₹-44 Cr (2025).
Periods
₹ Crores
| Particulars | March 2025 | March 2024 | March 2023 | March 2022 | March 2021 | March 2020 | March 2019 | March 2018 | March 2017 | March 2016 | March 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | 44 | 79 | 216 | 27 | 81 | 83 | 82 | -1 | 26 | 49 | 84 |
| Investing Activities | -170 | 6 | -160 | -29 | -21 | -39 | -60 | -15 | -117 | -28 | -6 |
| Financing Activities | 83 | -67 | -48 | 24 | -42 | -45 | -17 | 19 | 92 | -20 | -77 |
| Net Cash Flow | -44 | 19 | 8 | 21 | 17 | -1 | 5 | 3 | 2 | 1 | 1 |