Conference Call with S P Apparels Management and Analysts on Q1FY27 Performance and Outlook. Listen to the full earnings transcript.
Apparels & Accessories company S P Apparels announced Q1FY27 results Consolidated Financial Highlights: Revenue from Operations: The consolidated revenue for Q1FY27 stood at Rs 4,010.76 million, representing a sequential growth of 9.91% QoQ compared to Rs 3,649.08 million in Q4FY26, and a marginal decline of 0.59% YoY compared to Rs 4,034.39 million in Q1FY26. Total Income: Total income for Q1FY27 reached Rs 4,046.26 million, reflecting a growth of 9.74% QoQ from Rs 3,687.11 million in Q4FY26 and a slight increase of 0.11% YoY from Rs 4,050.67 million in Q1FY26. Net Profit: The company reported a consolidated net profit for the period of Rs 248.74 million in Q1FY27, marking a growth of 33.84% QoQ from Rs 185.85 million in Q4FY26 and a growth of 20.43% YoY from Rs 206.55 million in Q1FY26. Earnings Per Share (EPS): Basic EPS stood at Rs 9.89 for Q1FY27, compared to Rs 7.40 in Q4FY26 and Rs 8.23 in Q1FY26. Standalone Financial Highlights: Revenue from Operations: Standalone revenue for Q1FY27 was Rs 2,751.22 million, showing a growth of 9.34% QoQ from Rs 2,515.29 million in Q4FY26 and a decrease of 5.03% YoY from Rs 2,896.83 million in Q1FY26. Total Income: Total standalone income stood at Rs 2,763.81 million in Q1FY27, up 9.40% QoQ from Rs 2,526.28 million in Q4FY26 and down 1.64% YoY from Rs 2,909.76 million in Q1FY26. Net Profit: The standalone net profit for Q1FY27 was Rs 265.37 million, reflecting an increase of 24.27% QoQ from Rs 213.54 million in Q4FY26 and an increase of 33.42% YoY from Rs 198.90 million in Q1FY26. Earnings Per Share (EPS): Basic EPS for the quarter was Rs 10.56 compared to Rs 8.50 in Q4FY26 and Rs 7.93 in Q1FY26. Business Highlights: Division Performance: Garment Division (including Young Brand Apparel): Adjusted operational revenue for this division stood at Rs 3,373.3 million during Q1FY27. S.P. Retail Ventures Limited: The division recorded revenue of Rs 188.3 million with an EBITDA of Rs 4.2 million, marking a growth of 26.7% YoY. S.P. Apparels UK (P) Limited: Revenue reached Rs 333.0 million, achieving a significant growth of 125.2% YoY. Export Performance: The company exported 15.7 million pieces under S.P. Apparels and 5.0 million pieces under Young Brand Apparels during Q1FY27. Stock Split: The Board approved a sub-division/split of existing equity shares in a 1:5 ratio, changing the face value from Rs 10 per share to Rs 2 per share. The move is intended to encourage the participation of small investors and enhance liquidity. Final Dividend: The Board has recommended a final dividend of Rs 3.00 per share (30%) on a face value of Rs 10 per share for the financial year ended March 31, 2026. Acquisition: During the quarter, S.P. Apparels (International) Private Limited (a subsidiary in Sri Lanka) acquired Ritz Clothing Yapahuwa (Private) Limited by purchasing 21,00,004 equity shares. Segment Reporting: The company operates primarily in one reportable segment, which is the textile business Result PDF