S P Apparels Ltd (SPAL) is a leading manufacturer and exporter of knitted garments for infants and children in India manufacturing at its integrated facilities that allow it to provide end-to end garment manufacturing services from greige fabric to finished products. It also manufactures and retail menswear garments in India under the brand Crocodile'. Longstanding relationship with major customers has been one of the most significant factors contributing to SPAL's growth. SPAL exports business for knitted garments for infants and children constitutes a significant portion of its business. 86.13%, 84.62% and 79.84% of its total revenues for the Fiscal Years 2016, 2015 and 2014, respectively, were generated by its business of export of knitted garments products for infants and children (including duty drawback and other export incentives). Its product range for knitted garments for infants and...