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Intrinsic value · Buy/Sell verdict · scores — free· 1049 Indian stocks· EOD 2026-07-31

S.P. Apparels Limited

SPALNSEConsumer Cyclical
₹992.1
+6.00 (+0.61%)
Sell

Momentum (83/100) does the heavy lifting; financial trend (1/100) is the drag.

Fair value
The bottom line

StocksWizard rates S.P. Apparels Limited a Sell, scoring 38/100 on our blended model. We put fair value near ₹812.61; at ₹992.1 that leaves roughly 18% downside, so the stock screens overvalued by 18%. On 27.7x trailing earnings it sits roughly in line with the Consumer Cyclical median of about 27.7x. The price is about 16% below its 52-week high of ₹1,178.6 and 63% above the low of ₹608.85. Financial health scores 81/100, in the safe band on the Altman Z-score, with a Piotroski F-score of 4/9. The average analyst target of ₹915.5 implies about 8% downside across 2 analysts. It clears 5 of 13 investability checks, with durability 39, valuation 47 and momentum 83 on our 0–100 scales.

Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.

Intrinsic value
Our fair value
₹812.61down 18.09%
Overvalued by 18%
Price ₹992.1Range ₹496.05₹1,063.65
DCF + relative blendhigh confidence

With a 20% margin of safety, our buy-below price is ₹650.09.

Analyst views

2 analysts2 buy · 0 hold · 0 sell
12-month consensus target₹915.5down 7.72%

1-year price

EOD · 2026-07-31
1D
up 0.61%
1W
down 1.07%
1M
down 10.21%
3M
up 24.29%
6M
up 47.46%
1Y

52-week range

-15.82% from the 52-week high.

Trend check
Above 50-DMA₹966Above 200-DMA₹789

Price above both moving averages reads as an intact uptrend; below both, the trend is against you.

Verdict pillars

Sell38
A
Financial health 81/100
Altman Z 4.22 · Safe zone

Piotroski F-score 4/9 — quality of earnings & balance sheet.

Our scores

Durability39
Valuation47
Momentum83

Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.

Investability checklist

Passed 5 of 13 checks
Each check screens one fundamentals, valuation or trend signal.
  • Fail: ROE above 15%: 11.3%
  • Pass: Low debt (D/E < 0.5): 0.45x
  • Pass: Positive free cash flow
  • Fail: Revenue growth > 10%: -9%
  • Fail: Earnings growing: -39%
  • Fail: Net margin ≥ 10%: 6.4%
  • Fail: Current ratio > 1.5: 1.32
  • Fail: Below our fair value
  • Fail: Margin of safety ≥ 20%
  • Pass: Above 200-day average
  • Pass: Above 50-day average
  • No data: Positive 1-year return
  • Pass: Altman Z in safe zone: Z 4.22
  • Fail: Piotroski ≥ 7: 4/9

Quarterly results

Revenue · 1Q2026
₹365 Cr
Net profit
₹19 Cr
Margin
5%
2Q2025
3Q2025
4Q2025
1Q2026
Revenue Net profitLatest revenue QoQ -5%

Annual financials

Revenue · 2026
₹1,579 Cr
Net profit
₹101 Cr
Margin
6%
2023
2024
2025
2026
Revenue Net profitLatest revenue YoY +13%

Shareholding

  • Promoter63.2%
  • Institutions17.5%
  • Public & other19.3%

Promoter holding via insider stake; institutional via reported holdings.

Key fundamentals

Market cap
₹2,788 Cr
P/E ratio
27.7
P/B ratio
2.94
EPS (TTM)
₹40.05
ROE
11.3%
Debt / Equity
0.45x
Profit margin
6.4%
Free cash flow
₹75 Cr
52-week high
₹1,178.6
-15.82% from high
52-week low
₹608.85
Dividend yield
0.2%
Beta
-0.09
SWOT snapshot

Bull case vs bear case

Bull case

Strengths

  • Financially solid — Altman Z 4.22.

Bear case

Threats

  • Earnings contracting year on year.

About S.P. Apparels Limited

S.P. Apparels Limited manufactures and exports knitted garments for infants and children through its Angel & Rocket brand. The company produces yarns, fabrics, and cotton waste products, and provides dyeing, embroidery, and printing services. Operations span India and international markets.

S.P. Apparels Limited — frequently asked questions

Is S.P. Apparels Limited a buy, hold or sell?

StocksWizard currently rates S.P. Apparels Limited (SPAL) a Sell, based on a blended score of 38/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.

What is S.P. Apparels Limited's fair value?

Our blended DCF and relative-valuation model estimates S.P. Apparels Limited's fair value at about ₹812.61, versus a current price of ₹992.1 — roughly 18% downside. On that basis the stock looks overvalued by 18%.

Is S.P. Apparels Limited financially healthy?

S.P. Apparels Limited scores 81/100 on our financial-health model, placing it in the safe band on the Altman Z-score, with a Piotroski F-score of 4/9.

How has S.P. Apparels Limited's share price performed?

S.P. Apparels Limited is up 24% over three months, and last traded at ₹992.1. Past performance doesn't predict future returns.

Our verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.