S.P. Apparels Peer Comparison

NSE: SPAL | BSE: 540048

₹935.60

₹-29.00 (-3.01%)

As on 01-Oct-2026IST

Market cap

₹2,364 Cr

Revenue (TTM)

₹1,576 Cr

P/E Ratio

22.4

P/B Ratio

2.4

Div. Yield

0.3 %

Edit

	S.P. Apparels	Pearl Global	Arvind Fashions	Gokaldas Exports	Kewal Kiran Cloth
Market cap (₹ Cr)	2,364	11,683	5,097	5,055	2,944
Revenue (₹ Cr)	1,576	5,325	5,437	4,185	1,258
Net Profit (₹ Cr)	108.79	303.71	186.41	102.96	160.84
Net Margin (%)	6.81	5.66	3.43	2.41	12.56
RoE (%)	11.66	22.82	13.58	4.77	15.74
Price to Earnings	22.44	37.65	42.63	49.10	19.89
Price-To-Book	2.44	7.40	5.36	2.35	3.06

Income Statement (₹ Cr)

	S.P. Apparels	Pearl Global	Arvind Fashions	Gokaldas Exports	Kewal Kiran Cloth
Operating Revenue	1,576.27	5,324.94	5,437.38	4,185.37	1,258.01
Total Income	1,596.32	5,361.49	5,470.63	4,279.99	1,280.96
Total Expenditure	1,350.03	4,809.63	4,706.65	3,825.83	1,008.29
EBITDA	226.24	515.31	730.73	359.54	249.72
Depreciation	49.80	93.22	299.98	173.33	46.81
EBIT	176.44	422.09	430.75	186.21	202.91
Interest	43.79	102.45	177.58	103.18	13.83
Other Income	20.04	36.55	33.25	94.62	22.95
Exceptional Items	-3.00	-3.64	-23.32	0.00	0.00
Profit before Tax	149.69	352.54	263.10	177.65	212.03
Provision for Tax	40.91	48.84	75.34	74.70	51.19
Profit after Tax	108.79	303.71	187.76	102.96	160.84

	S.P. Apparels	Pearl Global	Arvind Fashions	Gokaldas Exports	Kewal Kiran Cloth
Shareholder's Funds	946.13	1,459.82	943.64	2,160.40	963.00
Minority Interest	0.20	6.64	-66.84	0.00	-12.69
Non-Current Liabilities	100.12	407.84	851.53	684.68	84.00
Current Liabilities	550.96	1,398.87	2,203.74	1,509.08	313.00
Total Liabilities	1,590.71	3,317.10	4,215.78	4,354.16	1,496.52

	S.P. Apparels	Pearl Global	Arvind Fashions	Gokaldas Exports	Kewal Kiran Cloth
Non-Current Assets	755.65	729.11	590.62	1,733.55	427.00
Current Assets	728.40	2,232.75	2,777.78	2,262.12	1,023.00
Total Assets	1,590.71	3,317.10	4,215.78	4,354.16	1,496.52
Total Debt*	400.22	686.77	531.34	977.55	47.88
Net Current Assets	177.44	833.88	574.04	753.04	710.00
Contingent Liabilities	41.23	799.12	130.02	339.63	3.86

	S.P. Apparels	Pearl Global	Arvind Fashions	Gokaldas Exports	Kewal Kiran Cloth
Cash From Operating Activities	208.69	398.34	404.31	51.59	183.31
Cash Flow from Investing Activities	-188.76	-158.01	-98.43	-286.10	-28.31
Cash from Financing Activities	-1.49	-45.92	-405.95	202.87	-50.63
Net Cash Inflow / Outflow	18.44	194.40	-100.07	-31.64	104.37

	S.P. Apparels	Pearl Global	Arvind Fashions	Gokaldas Exports	Kewal Kiran Cloth
ROCE (%)	14.19	22.42	31.67	9.10	22.70
ROE (%)	11.66	22.82	13.58	4.77	15.74
ROA (%)	7.14	10.40	4.68	2.61	10.64
EBIT Margin (%)	11.19	7.93	7.92	4.45	16.13
Net Margin (%)	6.81	5.66	3.43	2.41	12.56
Cash Profit Margin (%)	0.00	0.00	0.00	0.00	0.00

	S.P. Apparels	Pearl Global	Arvind Fashions	Gokaldas Exports	Kewal Kiran Cloth
Revenue Growth (%)	1.48	13.75	13.94	7.65	15.89
EBIT Growth (%)	8.28	24.18	20.70	-25.45	23.21
Net Profit Growth (%)	10.53	29.57	310.40	-40.43	3.11
EPS Growth (%)	9.92	23.77	683.43	-41.58	-1.47
Book Value Growth (%)	10.30	27.39	-1.64	4.64	14.41

	S.P. Apparels	Pearl Global	Arvind Fashions	Gokaldas Exports	Kewal Kiran Cloth
Price / Earnings	21.96	18.60	38.72	49.08	19.89
Price / Book Value	2.44	7.40	5.36	2.35	3.06
Dividend Yield (%)	0.32	0.57	0.42	0.00	0.84
EV/EBITDA	11.90	22.56	7.62	15.60	10.72
Market Cap (₹ Cr)	1,767.13	6,264.67	5,382.57	4,254.81	2,562.33

	S.P. Apparels	Pearl Global	Arvind Fashions	Gokaldas Exports	Kewal Kiran Cloth
Debt to Equity	0.05	0.07	0.11	0.17	0.00
Short term debt to equity ratio	0.35	0.38	0.41	0.26	0.05
Current Ratio	1.32	1.60	1.26	1.50	3.27
Quick Ratio	0.76	0.97	0.63	0.92	2.45
Interest Coverage	4.42	4.44	2.48	2.72	16.33

	S.P. Apparels	Pearl Global	Arvind Fashions	Gokaldas Exports	Kewal Kiran Cloth
Debtors to sales (%)	16.06	7.65	13.82	14.36	27.90
Asset Turnover	1.03	1.82	1.36	1.06	0.83
Receivable days	58.25	26.56	41.88	46.20	74.55
Inventory Days	78.73	57.62	69.84	69.82	56.69
Payable days	70.20	86.91	130.45	55.67	68.38
Cash Conversion Cycle	66.78	-2.73	-18.73	60.35	62.86

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.