S P Apparels Ltd

NSE
SPAL •
BUY

1W Return

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1M Return

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6M Return

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1Y Return

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Start SIP in S P Apparels Ltd
Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
94.88% Gain from 52W Low
-1.7
TTM PE Ratio
Below industry Median
18.6
Price to Book Ratio
Below industry Median
2.3
Dividend yield 1yr %
Below industry Median
0.5
TTM PEG Ratio
PEG TTM is negative
-2.8
RSI
RSI is mid-range
49.8
MFI
MFI is mid-range
60.8

S P Apparels Ltd Key Financials

*All values are in ₹ Cr.

S P Apparels Ltd shareholding Pattern

Promoter
61.9%
Foreign Institutions
1.4%
Mutual Funds
17.9%
Domestic Institutions
19.1%
Public
17.6%

S P Apparels Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
9
Bearish Moving Averages
7
5Day EMA
615.90
10Day EMA
611.60
12Day EMA
609.80
20Day EMA
605.70
26Day EMA
604.40
50Day EMA
601.10
100Day EMA
584.20
200Day EMA
539.10
Delivery & Volume
Resistance & Support
607.98
Pivot
Resistance
First Resistance
620.92
Second Resistance
638.28
Third Resistance
651.22
Support
First Support
590.62
Second support
577.68
Third Support
560.32
Relative Strength Index
49.80
Money Flow Index
60.77
MACD
5.44
MACD Signal
2
Average True Range
32.54
Average Directional Index
25.23
Rate of Change (21)
-2.19
Rate of Change (125)
5.76

S P Apparels Ltd Company background

Founded in: 2005
Managing director: P Sundarajan
S.P. Apparels Limited (SPAL) is one of the leading manufacturers and exporters of knitted garments for infants and children in India. The company has integrated manufacturing facilities which provides endtoend garment manufacturing from greige fabric to finished products. The company also manufactures and retails menswear garments in India under the brand Crocodile. SPALs business consists of two main divisions (i) garments division for manufacture and the export of knitted garments for infants and children and (ii) retail division for manufacture, distribution and marketing of products in India under the brand name Crocodile.SPAL has two subsidiaries viz. Crocodile Products Private Limited (CPPL) and S. P. Apparels (UK) Private Limited (SPUK). CPPL, which is a joint venture between SPAL and Crocodile International Pte. Ltd. (CIPL), is engaged in the business of, inter alia, establishing and managing units to manufacture, trade, deal, import and export garments and has entered into a technology license agreement with CIPL for the exclusive manufacture, distribution and marketing of menswear under the trademark Crocodile in India. SPUK was incorporated in 2014 to explore possible marketing opportunities and engage in trading activities with new customers in the United Kingdom, Ireland and other European countries. SPAL operates on a hub and spoke business model, which includes 24 manufacturing facilities as of June 2018 in and around Avinashi, Tamil Nadu and within 125 km from the corporate office. The wide range of infrastructure and machinery at the companys facilities for the production of yarn, dyeing of fabric, sewing, cutting, printing, embroidery and finishing of garments, enables the company to service its customers with multiple bulk orders in a timely manner. The proximity of the companys manufacturing facilities and an integrated setup allows the company to optimize its operations and services customers in a timely manner.S.P. Apparels came out with an initial public offer (IPO) in August 2016. The IPO included 80,22,388 equity shares as fresh issue and 9,00,000 equity shares by way of Offer for sale by New York Life Investment Management India Fund (FVCI) II LLC.During the financial year ended 31 March 2016, the company added 120 new sewing machines. The Processing Division achieved 85% utilization of its capacity. The embroidery and printing factories achieved 90% of their capacities during the year. The efficiency level of the factories of the Garment Division has shown improvement in the range of 5% to 10% during the year under review. The retail division has shown significant growth in terms of increase of retail stores to 40 across the country.During the year under review, the company converted 72,49,454 numbers of 6% Compulsorily Convertible Preference Shares (6% CCPS) of Rs.10/ each and issued 3,45,212 equity shares of Rs.10/ each paid up (including a premium of Rs.200/) per share and allotted the same in favour of M/s. Euro Asia Agencies Limited, Hong Kong.During the financial year ended 31 March 2017, S.P. Apparels increased the capacity of yarn production by adding a few machines. During the year under review, the company balanced its dyeing and finishing capacities by adding a compacting machine. During the year under review, the company added 300 new sewing machines. During the year, the companys retail business grew due to increase in the number of stores and change in the product mix offered to customers. During the year under review, growth in the companys garment division was supported by the increase in capacities and increase in customer demand. Higher growth led to increase in margins. Increase in capacity of the garment division was due to setting up of new factories as also increase in capacities of the existing factories. During the year under review, the company realigned its product mix of the garment division. This new product mix also helped the garment division improve worker efficiency and this contributed to revenue growth of the division. The companys Large Format Stores sales also grew substantially due to opening up of new outlets. The companys products were well accepted in all regions and its partners offered it more space looking at the brands performance. Ecommerce business posted good growth as the company targeted quality conscious customers. During the year under review, S.P. Apparels subsidiary S. P. Apparels (UK) Private Limited (SPUK) started business relationship with some new customers and also started working on new products.
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S P Apparels Ltd FAQs

S P Apparels Ltd shares are currently priced at 603.55 on NSE and 603.45 on BSE as of 2/27/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of S P Apparels Ltd [SPAL] share was 92.67. The S P Apparels Ltd [SPAL] share hit a 1-year low of Rs. 305 and a 1-year high of Rs. 674.85.

The market cap of S P Apparels Ltd is Rs. 1514.46 Cr. as of 2/27/2024 12:00:00 AM.

The PE ratios of S P Apparels Ltd is 15.11 as of 2/27/2024 12:00:00 AM.

The PB ratios of S P Apparels Ltd is 2.06 as of 2/27/2024 12:00:00 AM

The Mutual Fund Shareholding was 17.88% at the end of 2/27/2024 12:00:00 AM.

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