SPL Industries (NSE:SPLIL) EV-to-OCF: (As of Sep. 08, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:SPLIL SPL Industries Ltd NSE:SPLIL
70 GF Score
Price ₹31.09
GF Value ₹24.02
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is SPL Industries EV-to-OCF?

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, SPL Industries's Enterprise Value is ₹108.0 Mil. SPL Industries's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was ₹0.0 Mil. Therefore, SPL Industries's EV-to-OCF for today is .

The historical rank and industry rank for SPL Industries's EV-to-OCF or its related term are showing as below:

NSE:SPLIL' s EV-to-OCF Range Over the Past 10 Years
Min: 0.81   Med: 0   Max: 0.81
Current: 0.81

During the past 13 years, the highest EV-to-OCF of SPL Industries was 0.81. The lowest was 0.81. And the median was .

NSE:SPLIL's EV-to-OCF is ranked better than
70.4% of 1071 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 7.31 vs NSE:SPLIL: 0.81

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-09-08), SPL Industries's stock price is ₹31.09. SPL Industries's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹2.850. Therefore, SPL Industries's PE Ratio (TTM) for today is 10.91.


SPL Industries  (NSE:SPLIL) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

SPL Industries's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=31.09/2.850
=10.91

SPL Industries's share price for today is ₹31.09.
SPL Industries's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹2.850.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


SPL Industries EV-to-OCF Related Terms


SPL Industries EV-to-OCF Historical Data

* Premium members only.

The historical data trend for SPL Industries's EV-to-OCF 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.

SPL Industries EV-to-OCF Chart

SPL Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.46 10.44 18.12 2.03 -0.96

SPL Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-OCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 -0.96 0.00

NSE:SPLIL vs RL, LEVI, VFC: EV-to-OCF Comparison

For the Apparel Manufacturing subindustry, SPL Industries's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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.


SPL Industries EV-to-OCF vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, SPL Industries's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where SPL Industries's EV-to-OCF falls into.


NSE:SPLIL
70GF Score
SPL Industries Ltd NSE:SPLIL
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SPL Industries EV-to-OCF Calculation

SPL Industries's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=108.023/0
=

SPL Industries's current Enterprise Value is ₹108.0 Mil.
SPL Industries's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0.0 Mil.

* 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.

Is SPL Industries (NSE:SPLIL) Overvalued in 2026?

Based on GuruFocus' analysis, SPL Industries stock appears to be overvalued. The current stock price of ₹31.09 is trading 29.4% above its estimated GF Value™ of ₹24.02. GuruFocus considers SPL Industries to be Modestly Overvalued.

Key valuation signals for NSE:SPLIL:

  • EV-to-OCF:
  • GF Value™: ₹24.02 vs. price of ₹31.09 (29.4% above fair value)
  • GF Score™: 70/100 with 3 warning signs

No single metric tells the full story. See the NSE:SPLIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SPL Industries Business Description

Other Exchanges 532651:India
Address Sector-6, Plot Number 21 & 22, Faridabad, HR, IND, 121006
SPL Industries Ltd is engaged in the export of garments. The group undertakes various processing activities, including printing, dyeing, coloring, spinning, weaving, combing, knitting, and bleaching. The company's operating segment includes Manufacturing cotton knitted garments and made ups and Processing Charges and Trading of garments. It generates maximum revenue from the Trading segment. Geographically, the location of customers is carried out throughout India and outside India. It generates the majority of revenue from outside India.
70GF Score

Get the complete analysis for NSE:SPLIL

EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹31.09
Price
₹24.02
GF Value