View ValuationS.P. Apparels 향후 성장Future 기준 점검 4/6S.P. Apparels (는) 각각 연간 23.7% 및 12.8% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 23.7% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 13.6% 로 예상됩니다.핵심 정보23.7%이익 성장률23.72%EPS 성장률Luxury 이익 성장20.1%매출 성장률12.8%향후 자기자본이익률13.55%애널리스트 커버리지Low마지막 업데이트25 May 2026최근 향후 성장 업데이트Price Target Changed • Feb 07Price target increased by 9.2% to ₹500Up from ₹458, the current price target is an average from 2 analysts. New target price is 68% above last closing price of ₹297. Stock is down 39% over the past year. The company is forecast to post earnings per share of ₹38.00 for next year compared to ₹32.96 last year.Major Estimate Revision • Aug 20Consensus EPS estimates increase to ₹27.75The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from ₹8.05b to ₹8.41b. EPS estimate increased from ₹20.40 to ₹27.75 per share. Net income forecast to grow 28% next year vs 49% growth forecast for Luxury industry in India. Consensus price target up from ₹257 to ₹375. Share price fell 8.2% to ₹312 over the past week.Price Target Changed • Aug 10Price target increased to ₹257Up from ₹234, the current price target is an average from 2 analysts. New target price is 18% below last closing price of ₹312. Stock is up 326% over the past year.Major Estimate Revision • Feb 20Analysts increase EPS estimates to ₹19.10The 2021 consensus revenue estimate increased from ₹6.42b to ₹6.60b. The earnings per share estimate also received an upgrade from ₹15.40 to ₹19.10 for the same period. Net income is expected to grow by 86% next year compared to 86% growth forecast for the Luxury industry in India. The consensus price target increased from ₹204 to ₹234. Share price is up 22% to ₹189 over the past week.Price Target Changed • Feb 17Price target raised to ₹234Up from ₹215, the current price target is an average from 2 analysts. The new target price is 15% above the current share price of ₹203. As of last close, the stock is up 22% over the past year.Major Estimate Revision • Nov 14Analysts update estimatesThe 2021 consensus revenue estimate was lowered from ₹6.77b to ₹6.42b. Earnings per share (EPS) increased from ₹13.40 to ₹15.00 for the same period. Net income is expected to grow by 34% next year compared to 37% growth forecast for the Luxury industry in India. The consensus price target of ₹162 was unchanged from the last update. Share price is up 11% to ₹143 over the past week.모든 업데이트 보기Recent updatesReported Earnings • May 22Full year 2026 earnings: EPS and revenues miss analyst expectationsFull year 2026 results: EPS: ₹40.22 (up from ₹37.90 in FY 2025). Revenue: ₹16.0b (up 14% from FY 2025). Net income: ₹1.01b (up 6.1% from FY 2025). Profit margin: 6.3% (down from 6.8% in FY 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) also missed analyst estimates by 9.3%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.공시 • May 15S.P. Apparels Limited to Report Fiscal Year 2026 Results on May 20, 2026S.P. Apparels Limited announced that they will report fiscal year 2026 results on May 20, 2026Reported Earnings • Feb 14Third quarter 2026 earnings released: EPS: ₹10.76 (vs ₹9.86 in 3Q 2025)Third quarter 2026 results: EPS: ₹10.76 (up from ₹9.86 in 3Q 2025). Revenue: ₹3.83b (up 6.6% from 3Q 2025). Net income: ₹270.0m (up 9.1% from 3Q 2025). Profit margin: 7.1% (up from 6.9% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.1% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Feb 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₹786, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 24x in the Luxury industry in India. Total returns to shareholders of 173% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹920 per share.공시 • Feb 05S.P. Apparels Limited to Report Q3, 2026 Results on Feb 11, 2026S.P. Apparels Limited announced that they will report Q3, 2026 results on Feb 11, 2026Buy Or Sell Opportunity • Feb 05Now 22% undervaluedOver the last 90 days, the stock has risen 8.2% to ₹728. The fair value is estimated to be ₹934, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 7.4%. Revenue is forecast to grow by 4.7% in a year. Earnings are forecast to grow by 8.8% in the next year.Buy Or Sell Opportunity • Jan 09Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.9% to ₹681. The fair value is estimated to be ₹868, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 7.4%. Revenue is forecast to grow by 4.7% in a year. Earnings are forecast to grow by 8.8% in the next year.Buy Or Sell Opportunity • Dec 08Now 20% undervaluedThe stock has been flat over the last 90 days, currently trading at ₹720. The fair value is estimated to be ₹901, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 7.4%. Revenue is forecast to grow by 4.7% in a year. Earnings are forecast to grow by 8.8% in the next year.Reported Earnings • Nov 16Second quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2026 results: EPS: ₹13.83 (up from ₹8.73 in 2Q 2025). Revenue: ₹4.34b (up 11% from 2Q 2025). Net income: ₹347.0m (up 58% from 2Q 2025). Profit margin: 8.0% (up from 5.6% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) exceeded analyst estimates by 46%. Revenue is forecast to grow 7.7% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Nov 14Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹788, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 25x in the Luxury industry in India. Total returns to shareholders of 116% over the past three years.공시 • Nov 11S.P. Apparels Limited to Report Q2, 2026 Results on Nov 14, 2025S.P. Apparels Limited announced that they will report Q2, 2026 results on Nov 14, 2025Board Change • Sep 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Non-Executive Independent Director Balaraman Ravishankar was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.New Risk • Aug 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change).Upcoming Dividend • Aug 18Upcoming dividend of ₹2.00 per shareEligible shareholders must have bought the stock before 25 August 2025. Payment date: 30 September 2025. Payout ratio is a comfortable 5.3% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (0.6%).New Risk • Aug 16New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 12% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company.공시 • Aug 12S.P. Apparels Limited to Report Q1, 2026 Results on Aug 14, 2025S.P. Apparels Limited announced that they will report Q1, 2026 results on Aug 14, 2025Reported Earnings • Aug 11Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: ₹37.90 (up from ₹35.72 in FY 2024). Revenue: ₹14.0b (up 28% from FY 2024). Net income: ₹951.0m (up 6.1% from FY 2024). Profit margin: 6.8% (down from 8.2% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.8%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.공시 • Aug 06S.P. Apparels Limited, Annual General Meeting, Sep 01, 2025S.P. Apparels Limited, Annual General Meeting, Sep 01, 2025, at 16:00 Indian Standard Time.Reported Earnings • May 28Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: ₹37.90 (up from ₹35.72 in FY 2024). Revenue: ₹14.1b (up 29% from FY 2024). Net income: ₹951.0m (up 6.1% from FY 2024). Profit margin: 6.8% (down from 8.2% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.8%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.공시 • May 20S.P. Apparels Limited to Report Fiscal Year 2025 Results on May 27, 2025S.P. Apparels Limited announced that they will report fiscal year 2025 results on May 27, 2025New Risk • May 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹847, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 23x in the Luxury industry in India. Total returns to shareholders of 155% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹677 per share.Buy Or Sell Opportunity • May 07Now 25% overvaluedOver the last 90 days, the stock has fallen 1.8% to ₹847. The fair value is estimated to be ₹677, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 3.1%. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 20% per annum over the same time period.New Risk • Mar 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Mar 13Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₹643, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 24x in the Luxury industry in India. Total returns to shareholders of 64% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹693 per share.Valuation Update With 7 Day Price Move • Feb 19Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₹748, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 23x in the Luxury industry in India. Total returns to shareholders of 92% over the past three years.Reported Earnings • Feb 11Third quarter 2025 earnings released: EPS: ₹9.86 (vs ₹7.02 in 3Q 2024)Third quarter 2025 results: EPS: ₹9.86 (up from ₹7.02 in 3Q 2024). Revenue: ₹3.62b (up 44% from 3Q 2024). Net income: ₹247.5m (up 41% from 3Q 2024). Profit margin: 6.8% (down from 7.0% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.공시 • Feb 05S.P. Apparels Limited to Report Q3, 2025 Results on Feb 10, 2025S.P. Apparels Limited announced that they will report Q3, 2025 results on Feb 10, 2025Valuation Update With 7 Day Price Move • Feb 03Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹926, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 25x in the Luxury industry in India. Total returns to shareholders of 83% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹1,316 per share.Reported Earnings • Nov 12Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: ₹3.94b (up 35% from 2Q 2024). Net income: ₹219.2m (down 23% from 2Q 2024). Profit margin: 5.6% (down from 9.8% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.공시 • Nov 06S.P. Apparels Limited to Report Q2, 2025 Results on Nov 11, 2024S.P. Apparels Limited announced that they will report Q2, 2025 results on Nov 11, 2024Valuation Update With 7 Day Price Move • Sep 06Investor sentiment improves as stock rises 23%After last week's 23% share price gain to ₹1,074, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 29x in the Luxury industry in India. Total returns to shareholders of 211% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹462 per share.공시 • Aug 12S.P. Apparels Limited, Annual General Meeting, Sep 26, 2024S.P. Apparels Limited, Annual General Meeting, Sep 26, 2024.Reported Earnings • Aug 11First quarter 2025 earnings released: EPS: ₹7.19 (vs ₹5.97 in 1Q 2024)First quarter 2025 results: EPS: ₹7.19 (up from ₹5.97 in 1Q 2024). Revenue: ₹2.48b (flat on 1Q 2024). Net income: ₹180.5m (up 21% from 1Q 2024). Profit margin: 7.3% (up from 6.0% in 1Q 2024). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Aug 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.7% average weekly change).공시 • Aug 05S.P. Apparels Limited to Report Q1, 2025 Results on Aug 10, 2024S.P. Apparels Limited announced that they will report Q1, 2025 results at 12:08 PM, Indian Standard Time on Aug 10, 2024Valuation Update With 7 Day Price Move • Jun 25Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹715, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 28x in the Luxury industry in India. Total returns to shareholders of 228% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹403 per share.Reported Earnings • May 22Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: ₹35.72 (up from ₹32.37 in FY 2023). Revenue: ₹11.0b (up 2.4% from FY 2023). Net income: ₹896.3m (up 8.6% from FY 2023). Profit margin: 8.1% (up from 7.7% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) also surpassed analyst estimates by 10%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.공시 • May 16S.P. Apparels Limited to Report Q4, 2024 Results on May 21, 2024S.P. Apparels Limited announced that they will report Q4, 2024 results on May 21, 2024Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹618, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 27x in the Luxury industry in India. Total returns to shareholders of 243% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹925 per share.Reported Earnings • Feb 13Third quarter 2024 earnings released: EPS: ₹7.02 (vs ₹5.21 in 3Q 2023)Third quarter 2024 results: EPS: ₹7.02 (up from ₹5.21 in 3Q 2023). Revenue: ₹2.57b (up 2.3% from 3Q 2023). Net income: ₹176.1m (up 33% from 3Q 2023). Profit margin: 6.9% (up from 5.3% in 3Q 2023). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.공시 • Feb 07S.P. Apparels Limited to Report Q3, 2024 Results on Feb 12, 2024S.P. Apparels Limited announced that they will report Q3, 2024 results on Feb 12, 2024공시 • Feb 06S.P. Apparels Limited (NSEI:SPAL) agreed to acquire an unknown stake in Young Brand Apparel Private Limited from Bannari Amman Spinning Mills Ltd (NSEI:BASML) for INR 950 million.S.P. Apparels Limited (NSEI:SPAL) agreed to acquire an unknown stake in Young Brand Apparel Private Limited from Bannari Amman Spinning Mills Ltd (NSEI:BASML) for INR 950 million on February 5, 2024. The consideration consists of INR 950 million in cash. As part of the consideration, INR 950 million was paid towards common equity. The transaction is subject to necessary Statutory, Regulatory and other Compliance/approvals.It is expected to complete on May 31, 2024.Reported Earnings • Nov 11Second quarter 2024 earnings released: EPS: ₹11.39 (vs ₹8.92 in 2Q 2023)Second quarter 2024 results: EPS: ₹11.39 (up from ₹8.92 in 2Q 2023). Revenue: ₹2.92b (down 4.4% from 2Q 2023). Net income: ₹285.8m (up 25% from 2Q 2023). Profit margin: 9.8% (up from 7.5% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Oct 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.4% average weekly change). Profit margins are more than 30% lower than last year (6.6% net profit margin).Valuation Update With 7 Day Price Move • Oct 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹587, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 23x in the Luxury industry in India. Total returns to shareholders of 389% over the past three years.Board Change • Oct 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Joint MD & Additional Director Senthil Shantha was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Sep 08Upcoming dividend of ₹3.00 per share at 0.5% yieldEligible shareholders must have bought the stock before 15 September 2023. Payment date: 22 October 2023. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.3%). In line with average of industry peers (0.5%).Valuation Update With 7 Day Price Move • Aug 21Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₹537, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 24x in the Luxury industry in India. Total returns to shareholders of 403% over the past three years.New Risk • Aug 13New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.7% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (6.6% net profit margin).Reported Earnings • Aug 12First quarter 2024 earnings released: EPS: ₹5.97 (vs ₹10.04 in 1Q 2023)First quarter 2024 results: EPS: ₹5.97 (down from ₹10.04 in 1Q 2023). Revenue: ₹2.52b (up 2.4% from 1Q 2023). Net income: ₹149.7m (down 42% from 1Q 2023). Profit margin: 5.9% (down from 11% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 78% per year, which means it is tracking significantly ahead of earnings growth.공시 • Aug 12+ 1 more updateS.P. Apparels Limited Recommends Final Dividend for the Financial Year Ended March 31, 2023S.P. Apparels Limited announced that at the Board of Directors meeting held on August 11, 2023 the board has recommended a final dividend of INR 3.00 per Share (30%) on the face value of INR 10/- each for the financial year ended March 31, 2023. The dividend will be paid within 30 days from the date of Annual General Meeting to be held on September 22, 2023.공시 • Aug 03S.P. Apparels Limited to Report Q1, 2024 Results on Aug 11, 2023S.P. Apparels Limited announced that they will report Q1, 2024 results at 12:08 PM, Indian Standard Time on Aug 11, 2023공시 • May 17S.P. Apparels Limited to Report Q4, 2023 Results on May 18, 2023S.P. Apparels Limited announced that they will report Q4, 2023 results at 12:30 PM, Indian Standard Time on May 18, 2023Reported Earnings • May 17Full year 2023 earnings released: EPS: ₹32.37 (vs ₹32.96 in FY 2022)Full year 2023 results: EPS: ₹32.37 (down from ₹32.96 in FY 2022). Revenue: ₹10.8b (up 25% from FY 2022). Net income: ₹825.1m (down 2.6% from FY 2022). Profit margin: 7.7% (down from 9.9% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has increased by 85% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Feb 10Third quarter 2023 earnings released: EPS: ₹5.21 (vs ₹9.59 in 3Q 2022)Third quarter 2023 results: EPS: ₹5.21 (down from ₹9.59 in 3Q 2022). Revenue: ₹2.51b (flat on 3Q 2022). Net income: ₹132.7m (down 46% from 3Q 2022). Profit margin: 5.3% (down from 9.8% in 3Q 2022). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Price Target Changed • Feb 07Price target increased by 9.2% to ₹500Up from ₹458, the current price target is an average from 2 analysts. New target price is 68% above last closing price of ₹297. Stock is down 39% over the past year. The company is forecast to post earnings per share of ₹38.00 for next year compared to ₹32.96 last year.공시 • Feb 04S.P. Apparels Limited to Report Q3, 2023 Results on Feb 09, 2023S.P. Apparels Limited announced that they will report Q3, 2023 results at 12:08 PM, Indian Standard Time on Feb 09, 2023Reported Earnings • Nov 02Second quarter 2023 earnings released: EPS: ₹8.92 (vs ₹9.05 in 2Q 2022)Second quarter 2023 results: EPS: ₹8.92 (down from ₹9.05 in 2Q 2022). Revenue: ₹3.15b (up 42% from 2Q 2022). Net income: ₹229.2m (down 1.4% from 2Q 2022). Profit margin: 7.3% (down from 11% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 18% per year.공시 • Oct 20S.P. Apparels Limited to Report Q2, 2023 Results on Oct 31, 2022S.P. Apparels Limited announced that they will report Q2, 2023 results on Oct 31, 2022공시 • Sep 22S.P. Apparels Limited (BSE:540048) announces an Equity Buyback for 600,000 shares, representing 2.34% for INR 351 million.S.P. Apparels Limited (BSE:540048) announces a share repurchase program. Under the program, the company will repurchase up to 6,00,000 shares, representing 2.34% of its share capital, for INR 351 million. The shares will be repurchased at a price of INR 585 per share. As of June 30, 2022, the company had 2,56,92,600 shares in outstanding.Reported Earnings • Aug 12First quarter 2023 earnings released: EPS: ₹10.04 (vs ₹4.50 in 1Q 2022)First quarter 2023 results: EPS: ₹10.04 (up from ₹4.50 in 1Q 2022). Revenue: ₹2.53b (up 90% from 1Q 2022). Net income: ₹258.0m (up 123% from 1Q 2022). Profit margin: 10% (up from 8.7% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 12%, compared to a 15% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.공시 • Aug 12S.P. Apparels Limited, Annual General Meeting, Sep 19, 2022S.P. Apparels Limited, Annual General Meeting, Sep 19, 2022.Valuation Update With 7 Day Price Move • Jun 09Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₹381, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 20x in the Luxury industry in India. Total returns to shareholders of 41% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹757 per share.Reported Earnings • May 21Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: ₹32.96 (up from ₹16.80 in FY 2021). Revenue: ₹8.69b (up 33% from FY 2021). Net income: ₹846.9m (up 96% from FY 2021). Profit margin: 9.7% (up from 6.6% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 12%. Over the next year, revenue is forecast to grow 18%, compared to a 23% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 3% per year.공시 • May 15S.P. Apparels Limited to Report Q4, 2022 Results on May 20, 2022S.P. Apparels Limited announced that they will report Q4, 2022 results on May 20, 2022Reported Earnings • Feb 13Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: ₹9.59 (up from ₹7.65 in 3Q 2021). Revenue: ₹2.54b (up 21% from 3Q 2021). Net income: ₹246.4m (up 25% from 3Q 2021). Profit margin: 9.7% (in line with 3Q 2021). Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 12%. Over the next year, revenue is forecast to grow 20%, compared to a 23% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.공시 • Feb 05S.P. Apparels Limited to Report Q3, 2022 Results on Feb 11, 2022S.P. Apparels Limited announced that they will report Q3, 2022 results on Feb 11, 2022Valuation Update With 7 Day Price Move • Nov 18Investor sentiment improved over the past weekAfter last week's 21% share price gain to ₹419, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 22x in the Luxury industry in India. Total returns to shareholders of 68% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹409 per share.Reported Earnings • Nov 15Second quarter 2022 earnings released: EPS ₹9.05 (vs ₹7.31 in 2Q 2021)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2022 results: Revenue: ₹2.23b (up 17% from 2Q 2021). Net income: ₹232.5m (up 24% from 2Q 2021). Profit margin: 10% (in line with 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Sep 09Investor sentiment improved over the past weekAfter last week's 18% share price gain to ₹347, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 16x in the Luxury industry in India. Total returns to shareholders of 14% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹682 per share.Upcoming Dividend • Aug 27Upcoming dividend of ₹2.25 per shareEligible shareholders must have bought the stock before 03 September 2021. Payment date: 13 October 2021. Trailing yield: 0.8%. Lower than top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (0.4%).Major Estimate Revision • Aug 20Consensus EPS estimates increase to ₹27.75The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from ₹8.05b to ₹8.41b. EPS estimate increased from ₹20.40 to ₹27.75 per share. Net income forecast to grow 28% next year vs 49% growth forecast for Luxury industry in India. Consensus price target up from ₹257 to ₹375. Share price fell 8.2% to ₹312 over the past week.Reported Earnings • Aug 15First quarter 2022 earnings released: EPS ₹4.50 (vs ₹2.27 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹1.33b (up 118% from 1Q 2021). Net income: ₹115.6m (up ₹173.8m from 1Q 2021). Profit margin: 8.7% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Price Target Changed • Aug 10Price target increased to ₹257Up from ₹234, the current price target is an average from 2 analysts. New target price is 18% below last closing price of ₹312. Stock is up 326% over the past year.Major Estimate Revision • Feb 20Analysts increase EPS estimates to ₹19.10The 2021 consensus revenue estimate increased from ₹6.42b to ₹6.60b. The earnings per share estimate also received an upgrade from ₹15.40 to ₹19.10 for the same period. Net income is expected to grow by 86% next year compared to 86% growth forecast for the Luxury industry in India. The consensus price target increased from ₹204 to ₹234. Share price is up 22% to ₹189 over the past week.Reported Earnings • Feb 17Third quarter 2021 earnings released: EPS ₹7.65 (vs ₹0.74 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹2.10b (up 19% from 3Q 2020). Net income: ₹196.5m (up ₹177.6m from 3Q 2020). Profit margin: 9.4% (up from 1.1% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year and the company’s share price has also fallen by 16% per year.Price Target Changed • Feb 17Price target raised to ₹234Up from ₹215, the current price target is an average from 2 analysts. The new target price is 15% above the current share price of ₹203. As of last close, the stock is up 22% over the past year.Analyst Estimate Surprise Post Earnings • Feb 17Revenue beats expectations, earnings disappointRevenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 23%. Over the next year, revenue is forecast to grow 27%, compared to a 34% growth forecast for the Luxury industry in India.Valuation Update With 7 Day Price Move • Feb 15Investor sentiment improved over the past weekAfter last week's 20% share price gain to ₹184, the stock is trading at a trailing P/E ratio of 26.7x, up from the previous P/E ratio of 22.2x. This compares to an average P/E of 18x in the Luxury industry in India. Total return to shareholders over the past three years is a loss of 47%.Is New 90 Day High Low • Feb 15New 90-day high: ₹184The company is up 27% from its price of ₹145 on 17 November 2020. The Indian market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹51.68 per share.공시 • Feb 08S.P. Apparels Limited to Report Q3, 2021 Results on Feb 13, 2021S.P. Apparels Limited announced that they will report Q3, 2021 results on Feb 13, 2021Is New 90 Day High Low • Jan 08New 90-day high: ₹176The company is up 29% from its price of ₹136 on 09 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹49.82 per share.Valuation Update With 7 Day Price Move • Dec 22Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₹147, the stock is trading at a trailing P/E ratio of 21.3x, down from the previous P/E ratio of 25.2x. This compares to an average P/E of 18x in the Luxury industry in India. Total return to shareholders over the past three years is a loss of 63%.Valuation Update With 7 Day Price Move • Dec 17Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₹172, the stock is trading at a trailing P/E ratio of 25.1x, up from the previous P/E ratio of 21.7x. This compares to an average P/E of 19x in the Luxury industry in India. Total return to shareholders over the past three years is a loss of 57%.Valuation Update With 7 Day Price Move • Dec 11Investor sentiment improved over the past weekAfter last week's 20% share price gain to ₹171, the stock is trading at a trailing P/E ratio of 24.9x, up from the previous P/E ratio of 20.8x. This compares to an average P/E of 17x in the Luxury industry in India. Total return to shareholders over the past three years is a loss of 55%.Is New 90 Day High Low • Dec 09New 90-day high: ₹150The company is up 44% from its price of ₹105 on 10 September 2020. The Indian market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹48.54 per share.Analyst Estimate Surprise Post Earnings • Nov 15Revenue and earnings miss expectationsRevenue missed analyst estimates by 3.8%. Earnings per share (EPS) also missed analyst estimates by 23%. Over the next year, revenue is forecast to grow 22%, compared to a 24% growth forecast for the Luxury industry in India.Reported Earnings • Nov 15Second quarter 2021 earnings released: EPS ₹7.31The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₹1.90b (down 23% from 2Q 2020). Net income: ₹187.8m (down 46% from 2Q 2020). Profit margin: 9.9% (down from 14% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings.Major Estimate Revision • Nov 14Analysts update estimatesThe 2021 consensus revenue estimate was lowered from ₹6.77b to ₹6.42b. Earnings per share (EPS) increased from ₹13.40 to ₹15.00 for the same period. Net income is expected to grow by 34% next year compared to 37% growth forecast for the Luxury industry in India. The consensus price target of ₹162 was unchanged from the last update. Share price is up 11% to ₹143 over the past week.Valuation Update With 7 Day Price Move • Oct 13Market pulls back on stock over the past weekAfter last week's 16% share price decline to ₹124, the stock is trading at a trailing P/E ratio of 9.4x, down from the previous P/E ratio of 11.2x. This compares to an average P/E of 14x in the Luxury industry in India. Total return to shareholders over the past three years is a loss of 69%.Is New 90 Day High Low • Sep 30New 90-day high: ₹135The company is up 68% from its price of ₹80.20 on 02 July 2020. The Indian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 15% over the same period.공시 • Aug 26S.P. Apparels Limited to Report Q1, 2021 Results on Sep 02, 2020S.P. Apparels Limited announced that they will report Q1, 2021 results on Sep 02, 2020공시 • Jun 21S.P. Apparels Limited to Report Fiscal Year 2020 Results on Jun 26, 2020S.P. Apparels Limited announced that they will report fiscal year 2020 results on Jun 26, 2020이익 및 매출 성장 예측BSE:540048 - 애널리스트 향후 추정치 및 과거 재무 데이터 (INR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수3/31/202820,4431,6501,2011,81623/31/202718,4101,39431492013/31/202615,7861,0091,0112,087N/A12/31/202516,1291,127N/AN/AN/A9/30/202515,8931,105241,056N/A6/30/202515,533977N/AN/AN/A3/31/202513,951951-378444N/A12/31/202412,925932N/AN/AN/A9/30/202411,8538606851,521N/A6/30/202410,850927N/AN/AN/A3/31/202410,874896242792N/A12/31/202310,674817N/AN/AN/A9/30/202310,6647737421,139N/A6/30/202310,797717N/AN/AN/A3/31/202310,8098251,6422,160N/A12/31/202210,566872N/AN/AN/A9/30/202210,5589869101,351N/A6/30/20229,721989N/AN/AN/A3/31/20228,594847-64269N/A12/31/20217,973700N/AN/AN/A9/30/20217,565650173560N/A6/30/20217,241606N/AN/AN/A3/31/20216,523432362805N/A12/31/20206,291354N/AN/AN/A9/30/20205,964177148596N/A6/30/20206,526338N/AN/AN/A3/31/20208,090469312827N/A12/31/20198,628632N/AN/AN/A9/30/20199,085881N/AN/AN/A6/30/20198,532681N/AN/AN/A3/31/20198,264734N/A823N/A12/31/20187,869675N/AN/AN/A9/30/20187,272545N/AN/AN/A6/30/20187,026494N/AN/AN/A3/31/20186,624478N/A-12N/A12/31/20176,396512N/AN/AN/A9/30/20176,231532N/AN/AN/A6/30/20176,241615N/AN/AN/A3/31/20176,330536N/A489N/A12/31/20166,140511N/AN/AN/A9/30/20166,067494N/AN/AN/A6/30/20165,699391N/AN/AN/A3/31/20165,328135N/A488N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 540048 의 연간 예상 수익 증가율(23.7%)이 saving rate(6.9%)보다 높습니다.수익 vs 시장: 540048 의 연간 수익(23.7%)이 Indian 시장(16.1%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: 540048 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: 540048 의 수익(연간 12.8%)이 Indian 시장(연간 10.8%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: 540048 의 수익(연간 12.8%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 540048의 자본 수익률은 3년 후 13.6%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YConsumer-durables 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/09 04:48종가2026/06/09 00:00수익2026/03/31연간 수익2026/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스S.P. Apparels Limited는 4명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관null nullAsian Markets Securities Private LimitedVijayaraghavan SwaminathanAvendus SparkKameswari V. S. ChavaliFirstCall Research1명의 분석가 더 보기
Price Target Changed • Feb 07Price target increased by 9.2% to ₹500Up from ₹458, the current price target is an average from 2 analysts. New target price is 68% above last closing price of ₹297. Stock is down 39% over the past year. The company is forecast to post earnings per share of ₹38.00 for next year compared to ₹32.96 last year.
Major Estimate Revision • Aug 20Consensus EPS estimates increase to ₹27.75The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from ₹8.05b to ₹8.41b. EPS estimate increased from ₹20.40 to ₹27.75 per share. Net income forecast to grow 28% next year vs 49% growth forecast for Luxury industry in India. Consensus price target up from ₹257 to ₹375. Share price fell 8.2% to ₹312 over the past week.
Price Target Changed • Aug 10Price target increased to ₹257Up from ₹234, the current price target is an average from 2 analysts. New target price is 18% below last closing price of ₹312. Stock is up 326% over the past year.
Major Estimate Revision • Feb 20Analysts increase EPS estimates to ₹19.10The 2021 consensus revenue estimate increased from ₹6.42b to ₹6.60b. The earnings per share estimate also received an upgrade from ₹15.40 to ₹19.10 for the same period. Net income is expected to grow by 86% next year compared to 86% growth forecast for the Luxury industry in India. The consensus price target increased from ₹204 to ₹234. Share price is up 22% to ₹189 over the past week.
Price Target Changed • Feb 17Price target raised to ₹234Up from ₹215, the current price target is an average from 2 analysts. The new target price is 15% above the current share price of ₹203. As of last close, the stock is up 22% over the past year.
Major Estimate Revision • Nov 14Analysts update estimatesThe 2021 consensus revenue estimate was lowered from ₹6.77b to ₹6.42b. Earnings per share (EPS) increased from ₹13.40 to ₹15.00 for the same period. Net income is expected to grow by 34% next year compared to 37% growth forecast for the Luxury industry in India. The consensus price target of ₹162 was unchanged from the last update. Share price is up 11% to ₹143 over the past week.
Reported Earnings • May 22Full year 2026 earnings: EPS and revenues miss analyst expectationsFull year 2026 results: EPS: ₹40.22 (up from ₹37.90 in FY 2025). Revenue: ₹16.0b (up 14% from FY 2025). Net income: ₹1.01b (up 6.1% from FY 2025). Profit margin: 6.3% (down from 6.8% in FY 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) also missed analyst estimates by 9.3%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.
공시 • May 15S.P. Apparels Limited to Report Fiscal Year 2026 Results on May 20, 2026S.P. Apparels Limited announced that they will report fiscal year 2026 results on May 20, 2026
Reported Earnings • Feb 14Third quarter 2026 earnings released: EPS: ₹10.76 (vs ₹9.86 in 3Q 2025)Third quarter 2026 results: EPS: ₹10.76 (up from ₹9.86 in 3Q 2025). Revenue: ₹3.83b (up 6.6% from 3Q 2025). Net income: ₹270.0m (up 9.1% from 3Q 2025). Profit margin: 7.1% (up from 6.9% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.1% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Feb 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₹786, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 24x in the Luxury industry in India. Total returns to shareholders of 173% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹920 per share.
공시 • Feb 05S.P. Apparels Limited to Report Q3, 2026 Results on Feb 11, 2026S.P. Apparels Limited announced that they will report Q3, 2026 results on Feb 11, 2026
Buy Or Sell Opportunity • Feb 05Now 22% undervaluedOver the last 90 days, the stock has risen 8.2% to ₹728. The fair value is estimated to be ₹934, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 7.4%. Revenue is forecast to grow by 4.7% in a year. Earnings are forecast to grow by 8.8% in the next year.
Buy Or Sell Opportunity • Jan 09Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.9% to ₹681. The fair value is estimated to be ₹868, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 7.4%. Revenue is forecast to grow by 4.7% in a year. Earnings are forecast to grow by 8.8% in the next year.
Buy Or Sell Opportunity • Dec 08Now 20% undervaluedThe stock has been flat over the last 90 days, currently trading at ₹720. The fair value is estimated to be ₹901, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 7.4%. Revenue is forecast to grow by 4.7% in a year. Earnings are forecast to grow by 8.8% in the next year.
Reported Earnings • Nov 16Second quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2026 results: EPS: ₹13.83 (up from ₹8.73 in 2Q 2025). Revenue: ₹4.34b (up 11% from 2Q 2025). Net income: ₹347.0m (up 58% from 2Q 2025). Profit margin: 8.0% (up from 5.6% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) exceeded analyst estimates by 46%. Revenue is forecast to grow 7.7% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Nov 14Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹788, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 25x in the Luxury industry in India. Total returns to shareholders of 116% over the past three years.
공시 • Nov 11S.P. Apparels Limited to Report Q2, 2026 Results on Nov 14, 2025S.P. Apparels Limited announced that they will report Q2, 2026 results on Nov 14, 2025
Board Change • Sep 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Non-Executive Independent Director Balaraman Ravishankar was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
New Risk • Aug 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change).
Upcoming Dividend • Aug 18Upcoming dividend of ₹2.00 per shareEligible shareholders must have bought the stock before 25 August 2025. Payment date: 30 September 2025. Payout ratio is a comfortable 5.3% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (0.6%).
New Risk • Aug 16New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 12% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company.
공시 • Aug 12S.P. Apparels Limited to Report Q1, 2026 Results on Aug 14, 2025S.P. Apparels Limited announced that they will report Q1, 2026 results on Aug 14, 2025
Reported Earnings • Aug 11Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: ₹37.90 (up from ₹35.72 in FY 2024). Revenue: ₹14.0b (up 28% from FY 2024). Net income: ₹951.0m (up 6.1% from FY 2024). Profit margin: 6.8% (down from 8.2% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.8%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Aug 06S.P. Apparels Limited, Annual General Meeting, Sep 01, 2025S.P. Apparels Limited, Annual General Meeting, Sep 01, 2025, at 16:00 Indian Standard Time.
Reported Earnings • May 28Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: ₹37.90 (up from ₹35.72 in FY 2024). Revenue: ₹14.1b (up 29% from FY 2024). Net income: ₹951.0m (up 6.1% from FY 2024). Profit margin: 6.8% (down from 8.2% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.8%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.
공시 • May 20S.P. Apparels Limited to Report Fiscal Year 2025 Results on May 27, 2025S.P. Apparels Limited announced that they will report fiscal year 2025 results on May 27, 2025
New Risk • May 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹847, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 23x in the Luxury industry in India. Total returns to shareholders of 155% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹677 per share.
Buy Or Sell Opportunity • May 07Now 25% overvaluedOver the last 90 days, the stock has fallen 1.8% to ₹847. The fair value is estimated to be ₹677, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 3.1%. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 20% per annum over the same time period.
New Risk • Mar 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Mar 13Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₹643, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 24x in the Luxury industry in India. Total returns to shareholders of 64% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹693 per share.
Valuation Update With 7 Day Price Move • Feb 19Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₹748, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 23x in the Luxury industry in India. Total returns to shareholders of 92% over the past three years.
Reported Earnings • Feb 11Third quarter 2025 earnings released: EPS: ₹9.86 (vs ₹7.02 in 3Q 2024)Third quarter 2025 results: EPS: ₹9.86 (up from ₹7.02 in 3Q 2024). Revenue: ₹3.62b (up 44% from 3Q 2024). Net income: ₹247.5m (up 41% from 3Q 2024). Profit margin: 6.8% (down from 7.0% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Feb 05S.P. Apparels Limited to Report Q3, 2025 Results on Feb 10, 2025S.P. Apparels Limited announced that they will report Q3, 2025 results on Feb 10, 2025
Valuation Update With 7 Day Price Move • Feb 03Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹926, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 25x in the Luxury industry in India. Total returns to shareholders of 83% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹1,316 per share.
Reported Earnings • Nov 12Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: ₹3.94b (up 35% from 2Q 2024). Net income: ₹219.2m (down 23% from 2Q 2024). Profit margin: 5.6% (down from 9.8% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Nov 06S.P. Apparels Limited to Report Q2, 2025 Results on Nov 11, 2024S.P. Apparels Limited announced that they will report Q2, 2025 results on Nov 11, 2024
Valuation Update With 7 Day Price Move • Sep 06Investor sentiment improves as stock rises 23%After last week's 23% share price gain to ₹1,074, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 29x in the Luxury industry in India. Total returns to shareholders of 211% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹462 per share.
공시 • Aug 12S.P. Apparels Limited, Annual General Meeting, Sep 26, 2024S.P. Apparels Limited, Annual General Meeting, Sep 26, 2024.
Reported Earnings • Aug 11First quarter 2025 earnings released: EPS: ₹7.19 (vs ₹5.97 in 1Q 2024)First quarter 2025 results: EPS: ₹7.19 (up from ₹5.97 in 1Q 2024). Revenue: ₹2.48b (flat on 1Q 2024). Net income: ₹180.5m (up 21% from 1Q 2024). Profit margin: 7.3% (up from 6.0% in 1Q 2024). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Aug 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.7% average weekly change).
공시 • Aug 05S.P. Apparels Limited to Report Q1, 2025 Results on Aug 10, 2024S.P. Apparels Limited announced that they will report Q1, 2025 results at 12:08 PM, Indian Standard Time on Aug 10, 2024
Valuation Update With 7 Day Price Move • Jun 25Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹715, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 28x in the Luxury industry in India. Total returns to shareholders of 228% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹403 per share.
Reported Earnings • May 22Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: ₹35.72 (up from ₹32.37 in FY 2023). Revenue: ₹11.0b (up 2.4% from FY 2023). Net income: ₹896.3m (up 8.6% from FY 2023). Profit margin: 8.1% (up from 7.7% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) also surpassed analyst estimates by 10%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.
공시 • May 16S.P. Apparels Limited to Report Q4, 2024 Results on May 21, 2024S.P. Apparels Limited announced that they will report Q4, 2024 results on May 21, 2024
Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹618, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 27x in the Luxury industry in India. Total returns to shareholders of 243% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹925 per share.
Reported Earnings • Feb 13Third quarter 2024 earnings released: EPS: ₹7.02 (vs ₹5.21 in 3Q 2023)Third quarter 2024 results: EPS: ₹7.02 (up from ₹5.21 in 3Q 2023). Revenue: ₹2.57b (up 2.3% from 3Q 2023). Net income: ₹176.1m (up 33% from 3Q 2023). Profit margin: 6.9% (up from 5.3% in 3Q 2023). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Feb 07S.P. Apparels Limited to Report Q3, 2024 Results on Feb 12, 2024S.P. Apparels Limited announced that they will report Q3, 2024 results on Feb 12, 2024
공시 • Feb 06S.P. Apparels Limited (NSEI:SPAL) agreed to acquire an unknown stake in Young Brand Apparel Private Limited from Bannari Amman Spinning Mills Ltd (NSEI:BASML) for INR 950 million.S.P. Apparels Limited (NSEI:SPAL) agreed to acquire an unknown stake in Young Brand Apparel Private Limited from Bannari Amman Spinning Mills Ltd (NSEI:BASML) for INR 950 million on February 5, 2024. The consideration consists of INR 950 million in cash. As part of the consideration, INR 950 million was paid towards common equity. The transaction is subject to necessary Statutory, Regulatory and other Compliance/approvals.It is expected to complete on May 31, 2024.
Reported Earnings • Nov 11Second quarter 2024 earnings released: EPS: ₹11.39 (vs ₹8.92 in 2Q 2023)Second quarter 2024 results: EPS: ₹11.39 (up from ₹8.92 in 2Q 2023). Revenue: ₹2.92b (down 4.4% from 2Q 2023). Net income: ₹285.8m (up 25% from 2Q 2023). Profit margin: 9.8% (up from 7.5% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Oct 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.4% average weekly change). Profit margins are more than 30% lower than last year (6.6% net profit margin).
Valuation Update With 7 Day Price Move • Oct 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹587, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 23x in the Luxury industry in India. Total returns to shareholders of 389% over the past three years.
Board Change • Oct 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Joint MD & Additional Director Senthil Shantha was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Sep 08Upcoming dividend of ₹3.00 per share at 0.5% yieldEligible shareholders must have bought the stock before 15 September 2023. Payment date: 22 October 2023. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.3%). In line with average of industry peers (0.5%).
Valuation Update With 7 Day Price Move • Aug 21Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₹537, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 24x in the Luxury industry in India. Total returns to shareholders of 403% over the past three years.
New Risk • Aug 13New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.7% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (6.6% net profit margin).
Reported Earnings • Aug 12First quarter 2024 earnings released: EPS: ₹5.97 (vs ₹10.04 in 1Q 2023)First quarter 2024 results: EPS: ₹5.97 (down from ₹10.04 in 1Q 2023). Revenue: ₹2.52b (up 2.4% from 1Q 2023). Net income: ₹149.7m (down 42% from 1Q 2023). Profit margin: 5.9% (down from 11% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 78% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Aug 12+ 1 more updateS.P. Apparels Limited Recommends Final Dividend for the Financial Year Ended March 31, 2023S.P. Apparels Limited announced that at the Board of Directors meeting held on August 11, 2023 the board has recommended a final dividend of INR 3.00 per Share (30%) on the face value of INR 10/- each for the financial year ended March 31, 2023. The dividend will be paid within 30 days from the date of Annual General Meeting to be held on September 22, 2023.
공시 • Aug 03S.P. Apparels Limited to Report Q1, 2024 Results on Aug 11, 2023S.P. Apparels Limited announced that they will report Q1, 2024 results at 12:08 PM, Indian Standard Time on Aug 11, 2023
공시 • May 17S.P. Apparels Limited to Report Q4, 2023 Results on May 18, 2023S.P. Apparels Limited announced that they will report Q4, 2023 results at 12:30 PM, Indian Standard Time on May 18, 2023
Reported Earnings • May 17Full year 2023 earnings released: EPS: ₹32.37 (vs ₹32.96 in FY 2022)Full year 2023 results: EPS: ₹32.37 (down from ₹32.96 in FY 2022). Revenue: ₹10.8b (up 25% from FY 2022). Net income: ₹825.1m (down 2.6% from FY 2022). Profit margin: 7.7% (down from 9.9% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has increased by 85% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Feb 10Third quarter 2023 earnings released: EPS: ₹5.21 (vs ₹9.59 in 3Q 2022)Third quarter 2023 results: EPS: ₹5.21 (down from ₹9.59 in 3Q 2022). Revenue: ₹2.51b (flat on 3Q 2022). Net income: ₹132.7m (down 46% from 3Q 2022). Profit margin: 5.3% (down from 9.8% in 3Q 2022). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Feb 07Price target increased by 9.2% to ₹500Up from ₹458, the current price target is an average from 2 analysts. New target price is 68% above last closing price of ₹297. Stock is down 39% over the past year. The company is forecast to post earnings per share of ₹38.00 for next year compared to ₹32.96 last year.
공시 • Feb 04S.P. Apparels Limited to Report Q3, 2023 Results on Feb 09, 2023S.P. Apparels Limited announced that they will report Q3, 2023 results at 12:08 PM, Indian Standard Time on Feb 09, 2023
Reported Earnings • Nov 02Second quarter 2023 earnings released: EPS: ₹8.92 (vs ₹9.05 in 2Q 2022)Second quarter 2023 results: EPS: ₹8.92 (down from ₹9.05 in 2Q 2022). Revenue: ₹3.15b (up 42% from 2Q 2022). Net income: ₹229.2m (down 1.4% from 2Q 2022). Profit margin: 7.3% (down from 11% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 18% per year.
공시 • Oct 20S.P. Apparels Limited to Report Q2, 2023 Results on Oct 31, 2022S.P. Apparels Limited announced that they will report Q2, 2023 results on Oct 31, 2022
공시 • Sep 22S.P. Apparels Limited (BSE:540048) announces an Equity Buyback for 600,000 shares, representing 2.34% for INR 351 million.S.P. Apparels Limited (BSE:540048) announces a share repurchase program. Under the program, the company will repurchase up to 6,00,000 shares, representing 2.34% of its share capital, for INR 351 million. The shares will be repurchased at a price of INR 585 per share. As of June 30, 2022, the company had 2,56,92,600 shares in outstanding.
Reported Earnings • Aug 12First quarter 2023 earnings released: EPS: ₹10.04 (vs ₹4.50 in 1Q 2022)First quarter 2023 results: EPS: ₹10.04 (up from ₹4.50 in 1Q 2022). Revenue: ₹2.53b (up 90% from 1Q 2022). Net income: ₹258.0m (up 123% from 1Q 2022). Profit margin: 10% (up from 8.7% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 12%, compared to a 15% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Aug 12S.P. Apparels Limited, Annual General Meeting, Sep 19, 2022S.P. Apparels Limited, Annual General Meeting, Sep 19, 2022.
Valuation Update With 7 Day Price Move • Jun 09Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₹381, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 20x in the Luxury industry in India. Total returns to shareholders of 41% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹757 per share.
Reported Earnings • May 21Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: ₹32.96 (up from ₹16.80 in FY 2021). Revenue: ₹8.69b (up 33% from FY 2021). Net income: ₹846.9m (up 96% from FY 2021). Profit margin: 9.7% (up from 6.6% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 12%. Over the next year, revenue is forecast to grow 18%, compared to a 23% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 3% per year.
공시 • May 15S.P. Apparels Limited to Report Q4, 2022 Results on May 20, 2022S.P. Apparels Limited announced that they will report Q4, 2022 results on May 20, 2022
Reported Earnings • Feb 13Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: ₹9.59 (up from ₹7.65 in 3Q 2021). Revenue: ₹2.54b (up 21% from 3Q 2021). Net income: ₹246.4m (up 25% from 3Q 2021). Profit margin: 9.7% (in line with 3Q 2021). Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 12%. Over the next year, revenue is forecast to grow 20%, compared to a 23% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.
공시 • Feb 05S.P. Apparels Limited to Report Q3, 2022 Results on Feb 11, 2022S.P. Apparels Limited announced that they will report Q3, 2022 results on Feb 11, 2022
Valuation Update With 7 Day Price Move • Nov 18Investor sentiment improved over the past weekAfter last week's 21% share price gain to ₹419, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 22x in the Luxury industry in India. Total returns to shareholders of 68% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹409 per share.
Reported Earnings • Nov 15Second quarter 2022 earnings released: EPS ₹9.05 (vs ₹7.31 in 2Q 2021)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2022 results: Revenue: ₹2.23b (up 17% from 2Q 2021). Net income: ₹232.5m (up 24% from 2Q 2021). Profit margin: 10% (in line with 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Sep 09Investor sentiment improved over the past weekAfter last week's 18% share price gain to ₹347, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 16x in the Luxury industry in India. Total returns to shareholders of 14% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹682 per share.
Upcoming Dividend • Aug 27Upcoming dividend of ₹2.25 per shareEligible shareholders must have bought the stock before 03 September 2021. Payment date: 13 October 2021. Trailing yield: 0.8%. Lower than top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (0.4%).
Major Estimate Revision • Aug 20Consensus EPS estimates increase to ₹27.75The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from ₹8.05b to ₹8.41b. EPS estimate increased from ₹20.40 to ₹27.75 per share. Net income forecast to grow 28% next year vs 49% growth forecast for Luxury industry in India. Consensus price target up from ₹257 to ₹375. Share price fell 8.2% to ₹312 over the past week.
Reported Earnings • Aug 15First quarter 2022 earnings released: EPS ₹4.50 (vs ₹2.27 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹1.33b (up 118% from 1Q 2021). Net income: ₹115.6m (up ₹173.8m from 1Q 2021). Profit margin: 8.7% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Price Target Changed • Aug 10Price target increased to ₹257Up from ₹234, the current price target is an average from 2 analysts. New target price is 18% below last closing price of ₹312. Stock is up 326% over the past year.
Major Estimate Revision • Feb 20Analysts increase EPS estimates to ₹19.10The 2021 consensus revenue estimate increased from ₹6.42b to ₹6.60b. The earnings per share estimate also received an upgrade from ₹15.40 to ₹19.10 for the same period. Net income is expected to grow by 86% next year compared to 86% growth forecast for the Luxury industry in India. The consensus price target increased from ₹204 to ₹234. Share price is up 22% to ₹189 over the past week.
Reported Earnings • Feb 17Third quarter 2021 earnings released: EPS ₹7.65 (vs ₹0.74 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹2.10b (up 19% from 3Q 2020). Net income: ₹196.5m (up ₹177.6m from 3Q 2020). Profit margin: 9.4% (up from 1.1% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year and the company’s share price has also fallen by 16% per year.
Price Target Changed • Feb 17Price target raised to ₹234Up from ₹215, the current price target is an average from 2 analysts. The new target price is 15% above the current share price of ₹203. As of last close, the stock is up 22% over the past year.
Analyst Estimate Surprise Post Earnings • Feb 17Revenue beats expectations, earnings disappointRevenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 23%. Over the next year, revenue is forecast to grow 27%, compared to a 34% growth forecast for the Luxury industry in India.
Valuation Update With 7 Day Price Move • Feb 15Investor sentiment improved over the past weekAfter last week's 20% share price gain to ₹184, the stock is trading at a trailing P/E ratio of 26.7x, up from the previous P/E ratio of 22.2x. This compares to an average P/E of 18x in the Luxury industry in India. Total return to shareholders over the past three years is a loss of 47%.
Is New 90 Day High Low • Feb 15New 90-day high: ₹184The company is up 27% from its price of ₹145 on 17 November 2020. The Indian market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹51.68 per share.
공시 • Feb 08S.P. Apparels Limited to Report Q3, 2021 Results on Feb 13, 2021S.P. Apparels Limited announced that they will report Q3, 2021 results on Feb 13, 2021
Is New 90 Day High Low • Jan 08New 90-day high: ₹176The company is up 29% from its price of ₹136 on 09 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹49.82 per share.
Valuation Update With 7 Day Price Move • Dec 22Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₹147, the stock is trading at a trailing P/E ratio of 21.3x, down from the previous P/E ratio of 25.2x. This compares to an average P/E of 18x in the Luxury industry in India. Total return to shareholders over the past three years is a loss of 63%.
Valuation Update With 7 Day Price Move • Dec 17Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₹172, the stock is trading at a trailing P/E ratio of 25.1x, up from the previous P/E ratio of 21.7x. This compares to an average P/E of 19x in the Luxury industry in India. Total return to shareholders over the past three years is a loss of 57%.
Valuation Update With 7 Day Price Move • Dec 11Investor sentiment improved over the past weekAfter last week's 20% share price gain to ₹171, the stock is trading at a trailing P/E ratio of 24.9x, up from the previous P/E ratio of 20.8x. This compares to an average P/E of 17x in the Luxury industry in India. Total return to shareholders over the past three years is a loss of 55%.
Is New 90 Day High Low • Dec 09New 90-day high: ₹150The company is up 44% from its price of ₹105 on 10 September 2020. The Indian market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹48.54 per share.
Analyst Estimate Surprise Post Earnings • Nov 15Revenue and earnings miss expectationsRevenue missed analyst estimates by 3.8%. Earnings per share (EPS) also missed analyst estimates by 23%. Over the next year, revenue is forecast to grow 22%, compared to a 24% growth forecast for the Luxury industry in India.
Reported Earnings • Nov 15Second quarter 2021 earnings released: EPS ₹7.31The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₹1.90b (down 23% from 2Q 2020). Net income: ₹187.8m (down 46% from 2Q 2020). Profit margin: 9.9% (down from 14% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings.
Major Estimate Revision • Nov 14Analysts update estimatesThe 2021 consensus revenue estimate was lowered from ₹6.77b to ₹6.42b. Earnings per share (EPS) increased from ₹13.40 to ₹15.00 for the same period. Net income is expected to grow by 34% next year compared to 37% growth forecast for the Luxury industry in India. The consensus price target of ₹162 was unchanged from the last update. Share price is up 11% to ₹143 over the past week.
Valuation Update With 7 Day Price Move • Oct 13Market pulls back on stock over the past weekAfter last week's 16% share price decline to ₹124, the stock is trading at a trailing P/E ratio of 9.4x, down from the previous P/E ratio of 11.2x. This compares to an average P/E of 14x in the Luxury industry in India. Total return to shareholders over the past three years is a loss of 69%.
Is New 90 Day High Low • Sep 30New 90-day high: ₹135The company is up 68% from its price of ₹80.20 on 02 July 2020. The Indian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 15% over the same period.
공시 • Aug 26S.P. Apparels Limited to Report Q1, 2021 Results on Sep 02, 2020S.P. Apparels Limited announced that they will report Q1, 2021 results on Sep 02, 2020
공시 • Jun 21S.P. Apparels Limited to Report Fiscal Year 2020 Results on Jun 26, 2020S.P. Apparels Limited announced that they will report fiscal year 2020 results on Jun 26, 2020