company background image
5326

SPL Industries BSE:532651 Stock Report

Last Price

₹59.00

Market Cap

₹1.7b

7D

-5.8%

1Y

27.0%

Updated

01 Oct, 2022

Data

Company Financials
532651 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends0/6

532651 Stock Overview

SPL Industries Limited designs, manufactures, and sells cotton knitted garments and made ups in India.

SPL Industries Competitors

Price History & Performance

Summary of all time highs, changes and price drops for SPL Industries
Historical stock prices
Current Share Price₹59.00
52 Week High₹79.95
52 Week Low₹38.80
Beta0.53
1 Month Change-9.09%
3 Month Change21.15%
1 Year Change27.02%
3 Year Change85.83%
5 Year Change195.74%
Change since IPO-42.91%

Recent News & Updates

Shareholder Returns

532651IN LuxuryIN Market
7D-5.8%-2.2%-1.7%
1Y27.0%14.2%-0.6%

Return vs Industry: 532651 exceeded the Indian Luxury industry which returned 14.2% over the past year.

Return vs Market: 532651 exceeded the Indian Market which returned -0.6% over the past year.

Price Volatility

Is 532651's price volatile compared to industry and market?
532651 volatility
532651 Average Weekly Movement9.9%
Luxury Industry Average Movement6.1%
Market Average Movement5.9%
10% most volatile stocks in IN Market9.2%
10% least volatile stocks in IN Market3.8%

Stable Share Price: 532651 is more volatile than 90% of Indian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: 532651's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
1991386Mukesh Aggarwalhttps://www.spllimited.com

SPL Industries Limited designs, manufactures, and sells cotton knitted garments and made ups in India. The company operates through two segments, Manufacturing Cotton Knitted Garments and Made Ups, and Processing Charges; and Trading of Garments. It offers knitted fabrics, such as single jersey, jacquard, interlocks, flat backs, auto stripes fleece, double jersey jacquard, and waffles and various textures; and a range of outer wear, such as T shirts, sweatshirts, polo shirts, etc. The company also engages in the trading of garments.

SPL Industries Fundamentals Summary

How do SPL Industries's earnings and revenue compare to its market cap?
532651 fundamental statistics
Market Cap₹1.71b
Earnings (TTM)₹249.73m
Revenue (TTM)₹2.55b

6.9x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
532651 income statement (TTM)
Revenue₹2.55b
Cost of Revenue₹2.11b
Gross Profit₹438.18m
Other Expenses₹188.44m
Earnings₹249.73m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)8.61
Gross Margin17.16%
Net Profit Margin9.78%
Debt/Equity Ratio3.0%

How did 532651 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is 532651 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 532651?

Other financial metrics that can be useful for relative valuation.

532651 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.4x
Enterprise Value/EBITDA4.3x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 532651's PE Ratio compare to its peers?

532651 PE Ratio vs Peers
The above table shows the PE ratio for 532651 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average43.7x
542579 Ashapuri Gold Ornament
54.6xn/a₹2.0b
541967 Sky Gold
8.3xn/a₹1.4b
540252 Veeram Securities
33.4xn/a₹1.3b
530521 Virat Industries
78.6xn/a₹1.1b
532651 SPL Industries
6.9xn/a₹1.7b

Price-To-Earnings vs Peers: 532651 is good value based on its Price-To-Earnings Ratio (6.9x) compared to the peer average (43.7x).


Price to Earnings Ratio vs Industry

How does 532651's PE Ratio compare vs other companies in the IN Luxury Industry?

Price-To-Earnings vs Industry: 532651 is good value based on its Price-To-Earnings Ratio (6.9x) compared to the Indian Luxury industry average (13.7x)


Price to Earnings Ratio vs Fair Ratio

What is 532651's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

532651 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 532651's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 532651 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 532651 (₹59) is trading above our estimate of fair value (₹31.31)

Significantly Below Fair Value: 532651 is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


Discover undervalued companies

Future Growth

How is SPL Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


20.3%

Forecasted Consumer Durables industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as SPL Industries has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Discover growth companies

Past Performance

How has SPL Industries performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


17.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 532651 has high quality earnings.

Growing Profit Margin: 532651's current net profit margins (9.8%) are lower than last year (12.4%).


Past Earnings Growth Analysis

Earnings Trend: 532651 has become profitable over the past 5 years, growing earnings by 17% per year.

Accelerating Growth: 532651's earnings growth over the past year (77.5%) exceeds its 5-year average (17% per year).

Earnings vs Industry: 532651 earnings growth over the past year (77.5%) exceeded the Luxury industry 50.1%.


Return on Equity

High ROE: 532651's Return on Equity (15.3%) is considered low.


Discover strong past performing companies

Financial Health

How is SPL Industries's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 532651's short term assets (₹1.4B) exceed its short term liabilities (₹459.3M).

Long Term Liabilities: 532651's short term assets (₹1.4B) exceed its long term liabilities (₹7.6M).


Debt to Equity History and Analysis

Debt Level: 532651 has more cash than its total debt.

Reducing Debt: 532651's debt to equity ratio has reduced from 23.6% to 3% over the past 5 years.

Debt Coverage: 532651's debt is well covered by operating cash flow (164.1%).

Interest Coverage: 532651's interest payments on its debt are well covered by EBIT (28.3x coverage).


Balance Sheet


Discover healthy companies

Dividend

What is SPL Industries's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

SPL Industries Dividend Yield vs Market
How does SPL Industries dividend yield compare to the market?
SegmentDividend Yield
Company (SPL Industries)n/a
Market Bottom 25% (IN)0.4%
Market Top 25% (IN)1.6%
Industry Average (Luxury)0.7%
Analyst forecast in 3 Years (SPL Industries)n/a

Notable Dividend: Unable to evaluate 532651's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 532651's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 532651's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 532651's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 532651 has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

2.0yrs

Average management tenure


CEO

Mukesh Aggarwal (57 yo)

18.67yrs

Tenure

₹30,000,900

Compensation

Mr. Mukesh Kumar Aggarwal serves as the Chairman of the Board, Managing Directo and Chief Executive Officer of SPL Industries Limited. Mr. Aggarwal has very vast experience in managing the affairs of garme...


CEO Compensation Analysis

Mukesh Aggarwal's Compensation vs SPL Industries Earnings
How has Mukesh Aggarwal's remuneration changed compared to SPL Industries's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022n/an/a

₹250m

Mar 31 2022₹30m₹30m

₹211m

Dec 31 2021n/an/a

₹167m

Sep 30 2021n/an/a

₹144m

Jun 30 2021n/an/a

₹141m

Mar 31 2021₹20m₹20m

₹136m

Dec 31 2020n/an/a

₹182m

Sep 30 2020n/an/a

₹208m

Jun 30 2020n/an/a

₹280m

Mar 31 2020₹6m₹6m

₹313m

Dec 31 2019n/an/a

₹288m

Sep 30 2019n/an/a

₹295m

Jun 30 2019n/an/a

₹265m

Mar 31 2019₹6m₹6m

₹272m

Dec 31 2018n/an/a

₹280m

Sep 30 2018n/an/a

₹287m

Jun 30 2018n/an/a

₹157m

Mar 31 2018₹6m₹6m

₹54m

Dec 31 2017n/an/a

-₹3m

Sep 30 2017n/an/a

-₹101m

Jun 30 2017n/an/a

-₹44m

Mar 31 2017₹6m₹6m

₹15m

Dec 31 2016n/an/a

₹46m

Sep 30 2016n/an/a

₹85m

Jun 30 2016n/an/a

₹87m

Mar 31 2016₹2m₹2m

₹88m

Compensation vs Market: Mukesh's total compensation ($USD368.68K) is above average for companies of similar size in the Indian market ($USD40.43K).

Compensation vs Earnings: Mukesh's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: 532651's management team is considered experienced (2 years average tenure).


Board Members

Experienced Board: 532651's board of directors are considered experienced (5.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

What is the ownership structure of 532651?
Owner TypeNumber of SharesOwnership Percentage
Private Companies1,020,8133.5%
General Public4,875,94616.8%
Individual Insiders23,103,24579.7%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 21 shareholders own 83.19% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
20.01%
Mukesh Aggarwal
5,802,821₹342.4m0%no data
19.81%
Narender Aggarawal
5,743,935₹338.9m0%no data
6.17%
Nishant Aggarwal
1,790,742₹105.7m0%no data
6.04%
Ankit Aggarwal
1,750,297₹103.3m0%no data
5.09%
Shashi Aggarwal
1,475,719₹87.1m0%no data
4.07%
Vinod Mittal
1,179,316₹69.6m0%no data
3.06%
Kiran Aggarwal
887,458₹52.4m0%no data
3%
Elkay Overseas India Ltd
869,900₹51.3m0%no data
2.35%
Kushal Aggarawal
681,030₹40.2m0%no data
2.11%
Somesh Mittal
612,432₹36.1m0%no data
2.06%
Vipul Aggarawal
598,105₹35.3m0%no data
1.98%
Punita Jindal
575,100₹33.9m0%no data
1.77%
Sunil Jindal
512,700₹30.2m0%no data
1.4%
Sunita Jindal
404,560₹23.9m0%no data
1.38%
Vijay Jindal
400,900₹23.7m0%no data
0.75%
Devender Mittal
217,164₹12.8m0%no data
0.52%
Shivalik Prints Limited
150,913₹8.9m0%no data
0.46%
Avnish Jindal
133,500₹7.9m0%no data
0.39%
Pooja Gupta
113,746₹6.7m0%no data
0.39%
Nilesh Jindal
113,720₹6.7m0%no data
0.38%
Jayant Kumar
110,000₹6.5m0%no data

Company Information

SPL Industries Limited's employee growth, exchange listings and data sources


Key Information

  • Name: SPL Industries Limited
  • Ticker: 532651
  • Exchange: BSE
  • Founded: 1991
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Implied Market Cap: ₹1.711b
  • Shares outstanding: 29.00m
  • Website: https://www.spllimited.com

Number of Employees


Location

  • SPL Industries Limited
  • Plot No. 21
  • Sector - 6
  • Faridabad
  • Haryana
  • 121006
  • India


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532651BSE (Mumbai Stock Exchange)YesEquity SharesININRJul 2005
SPLILNSEI (National Stock Exchange of India)YesEquity SharesININRJul 2005

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/01 00:00
End of Day Share Price2022/09/30 00:00
Earnings2022/06/30
Annual Earnings2022/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.