S.P. Apparels Ltd

540048

Summary

Fair Value Assessment
Undervalued (18% Discount)
Fair ValueQ840.67UncertaintyHigh
Close Price686.10Mar 24, 2025
Market Closed
651.20
Price Down by 34.90 | 5.09 %
Previous Close
651.20
Day Range
643.00 – 711.95
Year Range
530.00 – 1,133.00
Bid / Ask
Market Cap
16.3 Bil
Volume / Average
1.7 k / 1.9 k
Beta (5-Year)
1.42
Shares Outstanding
25.09 Mil
Primary Exchange
Bombay Stock Exchange

Business Description
S.P. Apparels Ltd is an India-based company engaged in the business of manufacturing and exporting knitted garments for infants and children. Geographically, it derives a majority of revenue from Outside India. Its product categories include the Garment division and Retail division. The company manufactures and retails menswear garments under the brand Crocodile.
Contact
39-A, Extension Street Kaikattipudur Road, Avinashi, TN 641 654
T +91 4296714000
www.s-p-apparels.com opens in a new tab
Sector
Consumer Cyclical
Industry
Apparel Manufacturing
Most Recent Earnings
Dec 31, 2024
Fiscal Year End
Mar 31, 2025
Employees
14,229

Key Metrics

Income Statement (in Bil, except ratios)
12/31/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Revenue
12.35 10.31 10.27 8.22 6.32 7.63
Revenue Growth %
21.46% 0.39% 24.98% 30.14% -17.22% -2.54%
Gross Profit
6.22 5.04 4.60 3.95 3.05 3.37
Gross Profit Margin %
50.34% 48.89% 44.74% 48.03% 48.36% 44.10%
Operating Income
1.41 1.28 1.16 1.13 0.75 0.61
Operating Margin %
11.40% 12.40% 11.31% 13.71% 11.90% 8.05%
EBIT
1.33 1.27 1.21 1.24 0.70 0.58
EBIT Margin %
10.80% 12.34% 11.75% 15.09% 11.12% 7.58%
EBITDA
1.75 1.65 1.57 1.59 1.03 0.88
EBITDA Margin %
14.16% 16.00% 15.24% 19.30% 16.23% 11.50%
Net Income
0.93 0.90 0.83 0.85 0.43 0.47
Net Profit Margin %
7.54% 8.69% 8.03% 10.30% 6.83% 6.15%
Basic EPS
37.14 35.72 32.37 32.96 16.80 18.26
Diluted EPS
37.14 35.72 32.37 32.96 16.80 18.26
Normalized EPS
Total Dividends per Share
3.00 2.25
Balance Sheet (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Total Assets
13.78 11.42 10.97 10.62 9.10 8.92
Total Liabilities
5.86 3.84 4.30 4.30 3.58 3.76
Total Debt
3.24 2.03 2.45 2.31 1.94 2.26
Total Equity
7.92 7.57 6.67 6.31 5.52 5.17
Cash And Cash Equivalents
0.58 0.79 0.60 0.52 0.31 0.13
Working Capital
2.20 2.86 2.15 2.51 1.74 1.48
Shares Outstanding (Bil)
0.03 0.03 0.03 0.03
Book Value Per Share
304.33 262.18 248.23 217.33 203.65
Total Debt To Equity
0.41 0.27 0.37 0.37 0.35 0.44
Cash Flow Statement (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Cash From Operating Activities
1.52 0.79 2.16 0.27 0.81 0.83
Cash From Investing Activities
-1.15 0.06 -1.60 -0.29 -0.21 -0.39
Cash From Financing Activities
-0.29 -0.67 -0.48 0.24 -0.42 -0.45
Capital Expenditures
0.55 0.52 0.33 0.44 0.52
Free Cash Flow
0.45 0.74 0.79 0.29 0.28
Change in Cash
0.07 0.19 0.08 0.21 0.17 -0.01

Profile

There is no Key Executive Team data available.
Transaction History

Shares in Thousands
0 5 10 15 20 25 30 35 40
>
No Data Available
There is no available information for this investment.
Sep
2023
    • Buy
    • Acquisition
    • Option Exercise
    • Disposition
    • Sell
Transaction Detail
No Data Available
There is no available information for this investment.

Ownership

Name
% Total
Shares Held
% Total
Assets
Trend
Prev. 8 Qtrs
Change Amount
Change %
Date
DSP Small Cap Reg Gr 8.67 1.11 2,176,332
Feb 28, 2025
Quant Business Cycle Reg Gr Not Rated 3.37 4.94 846,810
Feb 28, 2025
Carnelian Shift Strategy Not Rated 3.24 2.78 814,195
49,477
6.47%
Jun 30, 2024
Franklin India Smaller Comp Gr 2.44 0.37 612,600
Feb 28, 2025
EQUITREE EMERGING OPPORTUNITIES Not Rated 2.19 8.20 550,266
29,271
5.62%
Jan 31, 2025
Total (for Top 5) 19.93 5,000,203
78,748

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