S. P. Apparels Limited

SPAL NSE Consumer Discretionary Garments & Apparels
₹1,026.90
-0.27%
Delayed · cached 15 min

Fair value analysis

SPAL
S. P. Apparels Limited
Consumer DiscretionaryGarments & Apparels
₹1,029.70
Close used for this calculation
₹776.85Fair value
Financial DNA Score
Profitability · Returns · Balance Sheet · Efficiency · Growth
46/100
Profitability13/25
Returns10/25
Balance Sheet17/25
Efficiency6/25
Growth3/25
Average
Quality radar
46Prof.13/25Ret.10/25Eff.6/25B.Sht17/25Growth3/25

Consensus fair value

₹776.85
Above FV
▼ -24.6% against the close used
Model range ₹277.10 – ₹1,232.28
The lowest and highest of the models that produced a value. This is the spread of the methods, not a price target.

Price target range & 52-week position

Bear₹277.10Fair value₹776.85Bull₹1,232.28
FairClose
52-week traded range
52W low ₹608.8552W high ₹1,178.60

The 52-week range is measured from the stored price history, not estimated.

Valuation summary

Trading above the consensus fair value

S. P. Apparels Limited closed at ₹1,029.70, 32.5% above the consensus fair value of ₹776.85 drawn from 9 valuation models.

Financial DNA score 46/100 — Average. P/E of 24.5x against the 20x sector multiple the P/E model uses.

Quantitative summary only — not investment advice.

All valuation models

DCF Valuation
₹725.54
-29.5%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=6.9%, r=10%, tg=3%, n=10yr
Graham Number
₹595.93
-42.1%
√(22.5 × EPS × BVPS)
EPS=40.16, BVPS=393.02 · outside Graham range (P/E 24.5, P/B 2.6) — asset-light, treat as a rough floor
Graham Formula
₹831.60
-19.2%
EPS × (8.5 + 2g) × 6.5 ÷ FD_Rate
g=6.9%, FD=7%
P/E Fair Value
₹827.30
-19.7%
EPS × 20.6x (sector P/E)
EPS=40.16, Sector P/E=20.6x
Peter Lynch (PEG)
₹277.10
-73.1%
EPS × Growth% (PEG = 1 is fair)
EPS=40.16, g=6.9%
EV/EBITDA
₹1,232.28
+19.7%
(EBITDA × 13.5x − Net Debt) ÷ Shares
EBITDA=2.6B
Book Value (P/B)
₹510.92
-50.4%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=393.02, ROE=11.2%, g=6%, r=10%
Reverse DCF
₹1,029.70
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: 10.5% | Historical: 6.9%
Margin of Safety
₹558.82
-45.7%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=745.09, MoS=25%

Computed on September 12, 2026 from the most recent annual report on file and that day's closing price. Where a company has seen its earnings move sharply since its last annual report, this figure will lag the market.

Educational data only. Not a recommendation to buy, sell or hold any security.

Educational data only. Not a recommendation to buy, sell or hold any security.