SPL Industries Share Price

SPL Industries Limited  SPL Industries Limited, with its registered office in Faridabad, Haryana, functions as a manufacturer and exporter of knitted fabric and knitted garments in India. The company was incorporated in 1991 and is headquartered in Faridabad, India. SPL Industries designs, manufactures, and sells a range of outerwear, including t‑shirts, sweatshirts, polo shirts, and others for top‑end customers in the international market. The company has vertically integrated knitwear plants in India, where it buys yarn, knits the fabric, processes and finishes the fabric, converts the fabric into garments, and exports those garments. 

SPL Industries share price on NSE and BSE indicates how market participants react to the company’s operational performance and the overall developments in the textile and apparel sector. The company’s financial health depends on production volumes of knitted fabric and garments, raw material costs including cotton and yarn, capacity utilization rates, export demand, and the performance of its apparel manufacturing and trading segments. SPL Industries stock price is influenced by various factors such as earnings, changes in cotton prices, government policies on textile exports, regulatory changes in the apparel industry, and global demand for knitted garments. In the longer run, strategies such as expanding manufacturing capacity, diversifying product lines, and improving operational efficiency affect the stock market sentiments. All these factors need to be monitored closely to have an idea about the company’s stock price movements. 

SPL Industries live share price provides real‑time information about the last price traded, bid and ask prices, and volume traded. These indicators represent market activity and liquidity, reflecting investor response to corporate announcements, economic conditions, and sector news. Constant monitoring of SPL Industries live price helps in observing short‑term price volatility and shows how a stock moves relative to the broader textile index. Furthermore, tracking SPL Industries stock price movements helps investors understand real‑time market sentiment, price fluctuations, and trading behaviour. It allows them to evaluate short‑term performance, and respond to news, quarterly results, or sector trends that may influence the company’s valuation and overall investment outlook. 

SPL Industries Limited Company Fundamentals 

A. Company Background

SPL Industries Limited was incorporated in 1991 and is headquartered in Faridabad, India. The company operates in the textile segment, engaged in the manufacturing and export of knitted fabric and knitted garments. The company designs, manufactures, and sells a range of outerwear, including t‑shirts, sweatshirts, polo shirts, and others for top‑end customers in the international market. The company has vertically integrated knitwear plants in India covering approximately 500,000 square feet spread over 14 acres of land. Each factory has fully equipped cutting, stitching, finishing, washing, and packing facilities. The company’s knitted unit manufactures various fabrics, including single jersey, jacquard, interlock, flat backs, auto stripes fleece, double jersey jacquard, waffles, and different textures. Its knitted dyed fabric has a capacity of 20 tons per day. Its operations are based in India, with corporate functions managed from its registered office in Faridabad, Haryana. Over time, the company has built a reputation as a leading exporter of knitted garments to the United States and European markets. Financial performance is assessed through standard metrics such as revenue growth, operating margins, and capacity utilization. Market valuation indicators such as the P/E ratio are used by analysts for comparative assessment within the textile sector. Overall fundamentals are influenced by cotton prices, demand from international apparel brands, and input cost fluctuations.

B. Company Product Lines

• Knitted Fabric: Manufactures a wide range of knitted fabrics including single jersey, jacquard, interlock, flat backs, auto stripes fleece, double jersey jacquard, waffles, and different textures. 

• Knitted Garments: Designs, manufactures, and sells outerwear garments including t‑shirts, sweatshirts, polo shirts, and other apparel for top‑end customers. 

• Trading Segment: Operates a trading segment for durable goods distribution. 

• Other Products: Provides value‑added services and products within the textile value chain. 

C. Company Revenue Model

• Domestic Fabric and Garment Sales: Revenue generated through sale of knitted fabric and garments to domestic buyers and traders. 

• Export Sales: Contribution from international customers primarily in the United States and European markets for knitted garments. 

• Trading Income: Income from the durable goods distribution trading segment. 

• Other Operating Income: Contribution from ancillary activities. 

D. Geographic Presence

• Registered Office: Faridabad, Haryana, India 

• Manufacturing Facilities: Five factories in Faridabad covering approximately 500,000 square feet spread over 14 acres of land 

• Distribution Network: Domestic distribution across India through direct sales channels 

• Export Markets: Products supplied primarily to the United States and European markets 

E. Key Milestones

• 1991: Incorporation of SPL Industries Limited. 

• Recent years: Continued focus on export of knitted garments to US and European markets. 

F. Industry Perspective

The textile manufacturing industry is capital‑intensive and closely linked to demand from apparel, home furnishing, and industrial sectors. Demand trends are influenced by economic activity, consumption levels, fashion trends, and growth in organized retail in international markets. The industry also faces fluctuations in raw material prices such as cotton, along with energy and labour costs. Environmental regulations and sustainability requirements increasingly shape production practices. Companies in the sector must manage cyclical demand patterns and cost volatility while maintaining operational efficiency. These factors collectively influence financial performance and investor perception of firms like SPL Industries within the broader textile manufacturing ecosystem.

SPL Industries Stock Market Presence: Listings & Index Representation 

SPL Industries Limited is listed on the National Stock Exchange under the symbol SPLIL and on the Bombay Stock Exchange with the scrip code 532651. SPL Industries share price is actively traded on both exchanges. The company’s market presence is within the small‑cap segment of the market, having a market capitalization of approximately ₹1.82 billion (based on TTM revenue). Due to its size and sector focus, SPL Industries stock price is generally tracked by investors interested in the textile and apparel industry. 

SPL Industries Limited is part of several broad‑based and sector‑specific stock market indices, reflecting its position as a small‑cap textile company in India. While it is not included in benchmark indices like the Sensex or Nifty 50, it is a constituent of wider market indices such as the BSE SmallCap and BSE Textile indices. SPL Industries share price finds representation in these indices based on its market standing. This presence helps investors track the stock relative to other textile and apparel companies. 

SPL Industries Limited Stock Performance and Share Price History 

SPL Industries share price on the NSE reflects its position as a manufacturer and exporter of knitted garments to the US and European markets. Its performance is qualitatively driven by factors such as production capacity utilization, management of raw material costs including cotton, growth in export sales, and the ability to control operational expenses. Investors compare the stock’s current movement with other textile companies to assess relative strength within the sector. 

These underlying factors become visible through real market movements across different time periods. Similar trends appear during earnings‑driven price changes. Broader sector strength has also supported the stock. Beyond operational and sector influences, corporate actions such as capacity expansion or vertical integration initiatives can significantly affect share price movements by shaping future growth expectations. This shows how strategic initiatives may trigger short‑term swings, even within a regulatory environment influenced by cotton price cycles and import competition. 

While short‑term movements respond to events and announcements, longer‑term valuation trends are better captured by the stock’s annual high and low levels, offering context beyond daily or weekly changes. A notable peak indicates stronger apparel demand and stable margins, whereas a significant low aligns with market corrections or sector volatility. These extremes reflect the impact of trade policies, global cotton price trends, and earnings visibility, providing a framework for understanding historical performance. 

SPL Industries stock behavior mirrors the trading patterns of a small‑cap textile company within India’s garment manufacturing ecosystem. The company’s portfolio spanning knitted fabric and knitted garments has shaped its price history. Over recent periods, the stock has experienced periods of price movement followed by phases of consolidation. The stock has shown higher volatility compared to the broader market, with the 52‑week range reflecting the cyclical nature of the apparel export industry. 

The company’s performance has closely tracked international apparel demand and cotton price cycles. Positive momentum appeared during the post pandemic recovery, driven by increased demand from US and European markets. However, periods of high raw material costs and competitive pressure from other garment‑exporting countries have led to consolidation in the stock price. Profitability has shown variability across different fiscal quarters, with net profit for the first quarter of 2025 at ₹9.13 million compared to ₹25.84 million in the same quarter of the previous year. 

During the pandemic period, the textile sector faced supply chain disruptions and reduced orders from international buyers. As economic activity normalised and demand recovered, the stock moved from its lows. The company continues to maintain its manufacturing facilities in Faridabad. 

The share price has declined for several recurring reasons. A drop in export demand from the US or European markets directly impacts revenue and leads to selling pressure. Changes in government policy such as modifications in cotton import duties or textile export incentives can also cause the stock to fall. Increases in operational costs without matching price adjustments squeeze margins, making the stock less attractive. Periods of global economic slowdown that affect consumer spending on apparel raise concerns about export volumes, leading to price declines. The stock is sensitive to cotton price movements; if cotton prices rise significantly, it can cause the stock to fall as investors adjust expectations for future margin growth. Broader market sell offs in small‑cap textile stocks also pull the price down regardless of the company’s individual performance. Lower capacity utilization or reduced sales in any product category directly impacts revenue, resulting in a lower valuation. 

SPL Industries Limited Investor Relevance and Role in Portfolio 

SPL Industries Limited is a holding in small‑cap and textile sector portfolios, offering exposure to knitted fabric and garment manufacturing for export markets. Its inclusion in textile indices underscores its importance in India’s apparel manufacturing space. The company’s position as a vertically integrated manufacturer with a capacity of 20 tons of dyed fabric per day, together with its strong export presence, makes it a consideration for certain portfolio allocations. 

The share price is influenced by the company’s ownership structure. SPL Industries’ equity is held by a mix of promoters, institutional investors, and retail investors, reflecting its standing in India’s textile sector. Promoters hold a certain stake, reflecting strong internal control. The public holds the remaining stake. The company’s management includes a board of directors. This investor base, with stable promoter participation, underscores the company’s role as a holding in both domestic and focused portfolios concentrating on textile manufacturing. 

Beyond fundamentals and ownership, the stock is actively monitored in cash market segments, where trading volumes and delivery patterns reflect expectations on export orders, cotton prices, and regulatory policy actions affecting the textile sector. The stock is available for trading on both major Indian exchanges, allowing investors to take positions based on their outlook for the textile sector. Market participants watch these trading indicators to gauge sentiment around quarterly results and policy announcements. 

Technical indicators provide additional insight into short‑term momentum shifts in the stock price. While these indicators are primarily used for near‑term trading decisions, they also help investors and portfolio managers understand broader market sentiment and anticipate potential volatility, especially around key events or announcements. In the short term and weekly timeframe, the stock has exhibited price movements that correlate with broader textile sector trends. The company’s debt to equity ratio reflects a certain use of leverage. Return on equity and return on capital employed are at certain levels, and the company’s book value per share is a reference point for valuation. 

Overall, SPL Industries demonstrates a higher volatility profile compared to the broader market, with the stock generally considered to have above average systematic risk. This makes it more sensitive to broader market movements and sector specific factors such as cotton price fluctuations and export demand cycles. 

SPL Industries Limited Sectoral Relevance and Peer Positioning 

SPL Industries Limited sector relevance stems from its presence in the textile manufacturing industry, its vertically integrated operations covering knitting, processing, and garment production, its capacity of 20 tons per day of knitted dyed fabric, its five factories in Faridabad covering 500,000 square feet, its export focus on the United States and European markets, and its position as a leading exporter of knitted garments, establishing it as a focused small‑cap textile provider supporting India’s apparel ecosystem. Peer comparisons with companies like Gokaldas Exports Ltd, Pearl Global Industries Ltd, and other garment exporters focus on production capacity, product quality, export presence, and value‑added product diversification rather than short‑term stock moves. These benchmarks help investors assess operational scale, efficiency, and regulatory adherence. Institutional tracking of cotton prices, apparel demand trends, and government trade policies further highlights SPL Industries positioning within India’s broader textile manufacturing market. 

SPL Industries P/E ratio reflects how investors perceive the company’s earnings relative to its revenue streams from fabric and garment sales. Based on available data, the company’s revenue from operations for the fiscal year ended March 2024 was ₹19,924.89 lakhs, down from ₹28,466.79 lakhs in the previous year, while net profit for the year was ₹1,175.11 lakhs compared to ₹2,383.59 lakhs. Quarterly performance has shown variability, with sales for the first quarter of 2025 at ₹166.37 million compared to ₹424.74 million a year ago. The company’s earnings before interest and taxes for recent periods stood at certain levels with corresponding EBIT margins. The net profit margin has shown changes in recent quarters compared to the same quarters of the prior year. Overall, these changes highlight how market sentiment evolved alongside the company’s operational performance in a cyclical industry. 

Alongside valuation, SPL Industries earnings per share provide insight into its operational performance and income generation from knitted garment exports. Based on available data, the company reported a basic EPS of ₹4.05 for the fiscal year ended March 2024, compared to ₹8.22 in the prior year. The trailing twelve month EPS stands at a certain level. The company’s EPS for the last full fiscal year was lower compared to the prior fiscal year. The company has a specified face value per share. More recent quarterly performance suggests that EPS has shown movement in line with production volumes and raw material costs as the company continues to manage its manufacturing operations. 

SPL Industries market cap highlights its position as a small‑cap player within India’s textile sector. Based on recent data, the company’s market capitalization is approximately ₹1.82 billion (based on TTM revenue). The market cap has moved in line with investor perceptions of the company’s growth potential as it has maintained its export presence. From earlier periods through more recent periods, the market cap showed patterns corresponding to the company’s financial performance, followed by periods of adjustment. This pattern reflects investor sentiment during favourable textile cycles, followed by consolidation during challenging periods impacted by raw material price volatility and economic uncertainties. This movement corresponds with changes in SPL Industries share price from its annual highs and lows. 

Finally, SPL Industries earnings trajectory demonstrates the impact of operational execution in a competitive industry. In recent fiscal years, total income showed variability supported by the core apparel business. The company’s revenue from operations decreased from the previous fiscal year to the most recent fiscal year, with sales for Q1 FY25 down 60.8% compared to the same quarter of the previous year. Total income decreased over the same period. Profit after tax declined significantly. Quarterly performance has shown improvement in certain periods, with total income in some quarters rising compared to previous quarters and also compared to the same quarters of earlier years. The company has faced headwinds from fluctuating cotton prices, competitive pressures from other garment exporters, and changes in global demand. However, the company continues to focus on maintaining its relationships with top‑end customers in the US and European markets. These developments illustrate the cyclical nature of the textile industry and the company’s position within this sector. 

SPL Industries market cap has moved through different phases corresponding to the company’s performance in garment manufacturing. The valuation increased during periods of strong export demand and stable cotton prices. The market cap also adjusted during challenging times when raw material costs rose or demand slowed. This pattern reflects typical small‑cap textile stock behaviour where export cycles, input costs and sector conditions influence investor interest. SPL Industries earnings have shown notable patterns across recent fiscal years, reflecting the company’s performance in the apparel segment. The company recorded a net profit decline in the most recent fiscal year compared to the previous year. This change came from cost pressures and competitive dynamics. Quarterly earnings have shown variability, with some quarters demonstrating stronger performance and others showing different results. SPL Industries EPS has followed the company’s overall profit performance across recent periods. The earnings per share figure showed a decline in the last full fiscal year compared to the prior year. Quarterly EPS has shown variation, with some quarters recording positive figures driven by higher sales, and other quarters showing lower numbers. SPL Industries share price serves as a reference point for understanding the company’s per‑share earnings relative to its market valuation. SPL Industries P/E ratio has shown variability across different reporting periods, reflecting changing market perceptions of the company’s earnings potential. The price‑to‑earnings multiple has fluctuated based on investor expectations about textile demand, cotton price trends and the company’s ability to maintain margins. The P/E level at any given time reflects market sentiment about the company’s recent performance and near‑term prospects in a cyclical industry. 

Summary 

SPL Industries Limited is a small‑cap textile company engaged in manufacturing knitted fabric and garments for export, headquartered in Faridabad. The company was incorporated in 1991. SPL Industries share price reflects market response to international apparel demand cycles, cotton price trends and quarterly financial performance. SPL Industries stock price movements provide insights into how the market views the company’s manufacturing capabilities and its positioning within India’s garment export industry. Investors track the company for its presence in the knitted garment segment.