SPLILConsumer Discretionary

SPL Industries Limited

Trading - Textile Products · ISIN INE978G01016 · BSE 532651 · NSE EQ · FV ₹10
Last price
₹30
+1.29%today
What this company does

SPL Industries Limited operates in Trading - Textile Products, part of the Consumer Discretionary sector. It booked ₹19 cr of revenue in its latest quarter (Q1 FY27) and kept 11.0% of sales as profit. It is the 2nd largest of 4 Trading - Textile Products companies we track, by market value.

In the report:
66out of 100
Equitytale Health Score
Solid

Healthier than 66% of companies in Consumer Discretionary, on all six measures of filed financials. Each measure is ranked against the 187–421 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
44

At close. Not part of the score.

Profitability & returns44

How much profit it earns on the money it employs

Balance sheet89

How much it owes, and whether earnings cover the interest

Cash quality71

Whether reported profit actually arrives as cash

Growth & consistency26

Whether sales and profit have grown, and how steadily

Valuation84

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 17% vs last year
Profit up 133% vs last year
Promoters hold 75%
No promoter shares pledged
Virtually debt-free
Turns profit into real cash
Watch-outs
! Low 3.9% return on equity

What if I invest in SPLIL?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹30 +1.29%
latest close · 2026-09-17
1-year return
-42.8%
52-wk low ₹2952-wk high ₹80
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio10.3Low
LowAverageHigh
P/B ratio0.40Below book
Below bookModerateHigh
EV / EBITDA5.9Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity3.9%Weak
WeakFairStrong ▸15%
Return on capital5.1%Weak
WeakFairStrong
Net margin11.0%Decent
ThinDecentStrong
EBITDA margin18.6%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Interest cover11.5×Strong
RiskyOkayStrong ▸5×
Current ratio5.74Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹87 cr
Book value
₹74
EPS
₹0.73
latest quarter
Net debt
₹-1 cr
more cash than debt
Enterprise value
₹86 cr
EBITDA
₹14 cr
annualised
EBIT
₹11 cr
annualised
Operating margin
14.2%
Return on assets
3.6%
Earnings yield
9.75%
P/S
1.12
Sales / share
₹26.8
Tax rate
15.3%
Face value
₹10
Shares
2.9 cr
Working capital
₹83 cr
Current assets
₹100 cr
Current liabilities
₹17 cr
Delivery %
78.9%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
It earns about 7% on its capital — below the ~14% return we'd require to fund it — so a low price is likely justified, not a bargain.
Models span ₹33₹33, midpoint ₹33

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹19 cr
Other Income₹4 cr
Total Income₹24 cr
Cost of Materials₹98 L
Purchases of Stock-in-Trade₹13 cr
Inventory Change (±)₹-44.1 L
Employee Benefit Expense₹3 cr
Finance Costs₹23.9 L
Depreciation & Amortisation₹86.2 L
Other Expenses₹4 cr
Total Expenses₹21 cr
Profit before Tax₹3 cr
Tax Expense₹38.6 L
Net Profit₹2 cr
Net margin on total income9.0%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹13 cr55.6%
Employee benefit expense₹3 cr12.4%
Finance costs₹23.9 L1.0%
Depreciation & amortisation₹86.2 L3.7%
Other expenses₹4 cr16.7%
Tax expense₹38.6 L1.6%
Profit for the period₹2 cr9.0%
Total income ₹24 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue15 cr23 cr19 cr
Total income21 cr29 cr24 cr
Expenses21 cr25 cr21 cr
Profit before tax48.6 L4 cr3 cr
Tax-2 cr48.6 L38.6 L
Net profit (owners' share)2 cr4 cr2 cr
Net margin (owners' share, on revenue)16.3%17.0%11.0%
EPS (₹)0.821.370.73
YoY (latest quarter): total income +15.7% · net profit +133.4%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹235 cr
Shareholder equity
₹216 cr
parent shareholders
Total debt
₹0 cr
Cash
₹1 cr
Cash flow · H1 FY26
Operating
₹21 cr
Investing
₹-19 cr
Financing
₹-1.4 L
Peer comparison
Trading - Textile Products · by market value
CompanyPriceMarket capP/E
PDS Limited₹345₹4,878 cr64.9
SPL Industries Limitedthis company₹30₹87 cr10.3
Heads UP Ventures Limited₹7₹15 cr
Globale Tessile Limited₹12₹12 cr
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-06-30
No pledge
Promoter
74.8%
FII / Foreign
0.1%
DII / Domestic
Retail / others
25.0%
Promoter stake up 5.9% over the last 12 quarters.
Smart-money activity
Insider trades
SoldAvni Jindal · Promoter Group9,558 · ₹3.2 L31 Dec 25
SoldAvni Jindal · Promoter Group900 · ₹30,68524 Dec 25
SoldAvni Jindal · Promoter Group1,159 · ₹40,56522 Dec 25
Bulk / block deals
SoldYOGESH KUMAR GAWANDE · NSE3.16 L @ ₹63.8917 Jan 22
BoughtYOGESH KUMAR GAWANDE · NSE3.16 L @ ₹63.4817 Jan 22
BoughtANANT WEALTH CONSULTANTS PRIVATE LIMITED · NSE1.83 L @ ₹65.3317 Jan 22
Stake changes
SoldKiran Aggarwal · promoter→ 20.08% · 8.08 L25 Jun 26
BoughtKiran Aggarwal · promoter→ 22.87% · 57.44 L17 Aug 23
BoughtMrs. Shashi Agarwal · promoter→ 5.09% · 28,95426 Jul 18
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 13 Aug 2026
See the official result
1
To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2026 and the reports of the Board of Directors and Auditors thereon.
Backed by 98% of shareholders other than promotersneeded 50%
2.39 L votes for, 5,120 against · 0% of mutual funds and other big investors said no
2
To consider appointment of Mrs. Shashi Agarwal (DIN-06687549), who retires by rotation and being eligible, offers herself for re-appointment.
Backed by 98% of shareholders other than promotersneeded 50%
2.39 L votes for, 5,122 against · 0% of mutual funds and other big investors said no
3
To consider and approve appointment of M/s Raghu Nath Rai and Co., Chartered Accountants as the Statutory Auditors of the Company and to pass with or without modification
Backed by 98% of shareholders other than promotersneeded 50%
2.39 L votes for, 5,122 against · 0% of mutual funds and other big investors said no
4
To maintain borrowing limit of the Company under Section 180 (1) (c) of the Companies Act, 2013 and in this regard to consider and if thought fit, to pass, with or without modification
Backed by 98% of shareholders other than promotersneeded 75%
2.39 L votes for, 5,122 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 50 named members
owning 74.8% between them · as of 2026-06-30
KIRAN AGGARWAL20.08%
MUKESH KUMAR AGGARWAL20.01%
NISHANT AGGARWAL6.17%
ANKIT AGGARWAL6.04%
SHASHI AGARWAL5.09%
KUSHAL AGGARWAL3.60%
VIPUL AGGARWAL3.60%
ELKAY OVERSEAS INDIA3.00%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.