S P Apparels Ltd (SPAL) — shareholding pattern, promoter holding, financials and share price

S P Apparels Ltd operates in the Garments & Apparels industry, within the Textiles sector. It trades on the NSE as SPAL and on the BSE under scrip code 540048. Its ISIN is INE212I01016.

The company was established in 1989, it is a leading manufacturer and exporter of knitted garments for infants and children in India. These are manufactured at the integrated facilities that allow providing end-to-end garment manufacturing services from greige fabric to finished products. [1] , Mr. P. Sundararajan is the Chairman and Managing Director of our Company. [2] . The company provides end-to-end garment manufacturing from greige fabric to finished products including bodysuits, sleepsuits, tops, and bottoms. [3]

S.P. Apparels Limited is a vertically integrated textile and garment manufacturer focused on knitted infants, children’s and selected adult wear, with end-to-end capabilities from spinning and knitting to finished garments and retail brands; it also owns the Crocodile menswear retail license and acquired Young Brand Apparels to enter intimate-wear exports, serving global customers across US, EU and UK markets.

Operational momentum: consolidated 9MFY26 revenue grew 21.9% YoY and EBITDA jumped 29.7% YoY, driven by stronger garment exports and margin recovery; PAT improved 27.3% YoY, demonstrating resilient operating leverage even while particular quarters were impacted by tariff-related demand shifts and machine additions affecting utilization.

Listed peers in Garments & Apparels: Lux Industries Ltd, Kewal Kiran Clothing Ltd, Kitex Garments Ltd, Cantabil Retail India Ltd, SBC Exports Ltd, Dollar Industries Ltd.