S.P. ApparelsNSE:SPAL -0.82%88 EBITDA Margin % is 12.98% as of Mar. 2026, which is 21% below its 10-year median of 16.33. GuruFocus rates NSE:SPAL with a GF Score™ of 88/100 and a GF Value™ of ₹925.90 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,043 Manufacturing - Apparel & Accessories companies, S.P. Apparels ranks better than 74.69% on this metric.
EBITDA Margin % is calculated as EBITDA divided by its Revenue. S.P. Apparels's EBITDA for the
three
months ended in Mar. 2026 was ₹474 Mil. S.P. Apparels's Revenue for the
three
months ended in Mar. 2026 was ₹3,649 Mil. Therefore, S.P. Apparels's EBITDA margin for the quarter that ended in Mar. 2026 was 12.98%.
EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.
S.P. Apparels EBITDA Margin % Related Terms
S.P. Apparels EBITDA Margin % Historical Data
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The historical data trend for S.P. Apparels's EBITDA Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:SPAL vs RL, LEVI, VFC: EBITDA Margin % Comparison
For the Apparel Manufacturing subindustry, S.P. Apparels's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
S.P. Apparels EBITDA Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, S.P. Apparels's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where S.P. Apparels's EBITDA Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
S.P. Apparels (NSE:SPAL) has a EBITDA Margin % of 12.98% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on S.P. Apparels and its competitors. This is 21% below median its historical median of 16.33. Over the past decade, S.P. Apparels' EBITDA Margin % has ranged from 11.75 to 19.70. According to the industry distribution chart, S.P. Apparels ranks #264 out of 1043 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 25.3%.
Is S.P. Apparels' EBITDA Margin % too high?
S.P. Apparels' current EBITDA Margin % of 12.98% is 21% below median its 10-year median of 16.33. Over the past 10 years, this metric has ranged from a low of 11.75 to a high of 19.70. The Manufacturing - Apparel & Accessories industry median EBITDA Margin % is 8.37. S.P. Apparels' value of 12.98% is 55.1% above this industry median. Based on the distribution chart, S.P. Apparels ranks #264 out of 1043 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, S.P. Apparels has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does S.P. Apparels' EBITDA Margin % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, S.P. Apparels ranks #264 out of 1043 companies for EBITDA Margin %. This puts S.P. Apparels in the upper half of its industry. The industry median EBITDA Margin % is 8.37. S.P. Apparels' value of 12.98% is 55.1% above this benchmark. Historically, S.P. Apparels' own EBITDA Margin % has ranged from 11.75 to 19.70 over the past decade. While the company's 10-year median is 16.33 vs. the industry median of 8.37, S.P. Apparels has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Manufacturing - Apparel & Accessories company?
The median EBITDA Margin % among Manufacturing - Apparel & Accessories companies is 8.37, based on 1,043 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. S.P. Apparels's current EBITDA Margin % of 12.98% is 55.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on S.P. Apparels and its competitors. For the Manufacturing - Apparel & Accessories industry, the median EBITDA Margin % is 8.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. S.P. Apparels's current EBITDA Margin % is 12.98%, which is 21% below median its own 10-year median of 16.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S.P. Apparels stock overvalued right now?
Based on GuruFocus' analysis, S.P. Apparels (NSE:SPAL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹925.90, compared to a current price of ₹1,099.95 — trading 18.8% above its estimated fair value. The current EBITDA Margin % is 12.98%, which is 21% below median its 10-year median of 16.33 and 55.1% above the Manufacturing - Apparel & Accessories industry median of 8.37. S.P. Apparels' overall GF Score™ is 88/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For S.P. Apparels (NSE:SPAL), the current EBITDA Margin % is 12.98% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is S.P. Apparels (NSE:SPAL) Overvalued in 2026?
Based on GuruFocus' analysis, S.P. Apparels stock appears to be overvalued.
The current stock price of ₹1,099.95 is trading 18.8% above its estimated GF Value™ of ₹925.90.
GuruFocus considers S.P. Apparels to be Modestly Overvalued.
Key valuation signals for NSE:SPAL:
EBITDA Margin %: 12.98% (21% below median its 10-year median of 16.33)
GF Value™: ₹925.90 vs. price of ₹1,099.95 (18.8% above fair value)
Industry Position: 55.1% above the Manufacturing - Apparel & Accessories median (#264 of 1043)
No single metric tells the full story. See the NSE:SPAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
S.P. Apparels Ltd is an India-based company engaged in the business of manufacturing and exporting knitted garments for infants and children. Geographically, it derives a majority of revenue from Outside India. Its product categories include the Garment division and Retail division. The company manufactures and retails menswear garments under the brand Crocodile.
88GF Score
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