S. P. Apparels Q4 FY26 results (Jan–Mar 2026) and concall

Textiles · Concall AI · Call held 22 May 2026

Company page: S. P. Apparels share price, financials & guidance record

S.P. Apparels reported a mixed Q4 FY26 with consolidated revenue and EBITDA declines, primarily due to US tariff disruptions and global trade route volatility impacting export volumes. However, the full year FY26 saw robust growth in consolidated revenue (13.2% YoY) and EBITDA (16% YoY), with margin expansion. The company is optimistic about FY27, targeting INR 2,000 crores in revenue, driven by normalization of demand, Sri Lanka expansion, and a more balanced geographic mix, despite ongoing raw material cost pressures.

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What they filed

Q4 FY26: revenue down 8.5%, net profit down 36.7% against the same quarter last year.

₹ Cr · quarterly

Line item	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26
Revenue	391	359	399	403	427 +9%	383 +7%	365 −9%
Expenses	342	308	345	351	365	329	321
EBITDA	50	51	54	53	62 +24%	54 +6%	44 −19%
Margin	13%	14%	14%	13%	15%	14%	12%
Other income	2	3	4	2	7	6	4
Interest	11	8	10	12	10	10	9
Depreciation	11	12	11	11	12	12	12
Profit before tax	30	34	37	31	47 +57%	37 +9%	26 −30%
Tax rate	28%	29%	19%	32%	26%	27%	30%
Net profit	22	24	30	21	35 +59%	27 +13%	19 −37%
EPS	8.75	9.64	12.12	8.53	13.83	10.74	7.35

How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.

What they filed

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