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S P Apparels Ltd (SPAL) Share Price & Fundamentals

SegmentOfferingsAdvantages / MoatCustomersHigh-Margin AreasRevenue (₹ Cr.)Revenue %How We EarnPricing ModelGrowth DriversTop Brands
Garment Export DivisionManufacture and export of knitted garments for infants, children, and women's intimate wear.Fully integrated manufacturing from yarn to garment ensures cost control and quality; strong international customer relationships.B2B: International children's apparel brands and retailers, mainly Europe and USA.Specialized intimate wear and premium children's wear have higher margins due to brand positioning.130885Sale of garments to global retail brands and wholesalers on contract manufacturing basis.Contract manufacturing with volume-based pricing and long-term supply agreements.Increasing global demand, capacity expansions in India and Sri Lanka, Young Brand acquisition, India-UK FTA benefits.Young Brand Apparels, SPAL Garment Division
Retail DivisionManufacture, distribution, and marketing of menswear and kids wear brands in India.Exclusive license agreements and in-house design teams foster brand loyalty and differentiation.B2C: Indian urban consumers buying menswear and children's apparel.Proprietary brands like Crocodile and Angel & Rocket have higher retail margins.22915Retail sales through exclusive brand outlets, franchises, and multi-brand stores.Direct sales with a combination of company-owned and franchise stores; brand positioning in mid to premium segment.Brand expansion, new product launches, exclusive design teams, and increased retail stores count.Crocodile, Angel & Rocket, Natalia

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