SPL Industries (BOM:532651) Market Cap: ₹904.8 Mil (As of Jul. 24, 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.

BOM:532651 SPL Industries Ltd BOM:532651
64 GF Score
Price ₹31.20
GF Value ₹20.61
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is SPL Industries Market Cap?

SPL Industries BOM:532651 -0.32% 64 Market Cap is ₹904.8 Mil as of Jul. 24, 2026. GuruFocus rates BOM:532651 with a GF Score™ of 64/100 and a GF Value™ of ₹20.61 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,085 Manufacturing - Apparel & Accessories companies, SPL Industries ranks worse than 75.48% on this metric.

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). SPL Industries's share price for the quarter that ended in Mar. 2026 was ₹21.39. SPL Industries's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 29.0 Mil. Therefore, SPL Industries's market cap for the quarter that ended in Mar. 2026 was ₹620.3 Mil.

SPL Industries's quarterly market cap declined from Sep. 2025 (₹1,117.1 Mil) to Dec. 2025 (₹986.0 Mil) and declined from Dec. 2025 (₹986.0 Mil) to Mar. 2026 (₹620.3 Mil).

SPL Industries's annual market cap declined from Mar. 2024 (₹1,537.9 Mil) to Mar. 2025 (₹958.2 Mil) and declined from Mar. 2025 (₹958.2 Mil) to Mar. 2026 (₹620.3 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. SPL Industries's Enterprise Value for Today is ₹145.4 Mil.


SPL Industries  (BOM:532651) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


SPL Industries Market Cap Related Terms


SPL Industries Market Cap Historical Data

* Premium members only.

The historical data trend for SPL Industries's Market Cap 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 Market Cap Chart

SPL Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,883.55 1,683.16 1,537.87 958.16 620.31

SPL Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Market Cap 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 958.16 1,264.40 1,117.08 986.00 620.31

BOM:532651 vs RL, LEVI, VFC: Market Cap Comparison

For the Apparel Manufacturing subindustry, SPL Industries's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where SPL Industries's Market Cap falls into.


BOM:532651
64GF Score
SPL Industries Ltd BOM:532651
Market Cap is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SPL Industries Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

SPL Industries's Market Cap for the fiscal year that ended in Mar. 2026 is calculated as

Market Cap (A: Mar. 2026 )=Share Price (A: Mar. 2026 )*Shares Outstanding (EOP) (A: Mar. 2026 )
=₹21.39*29.000
=₹620.3

SPL Industries's Market Cap for the quarter that ended in Mar. 2026 is calculated as

Market Cap (Q: Mar. 2026 )=Share Price (Q: Mar. 2026 )*Shares Outstanding (EOP) (Q: Mar. 2026 )
=₹21.39*29.000
=₹620.3

* 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.

Frequently Asked Questions Learn more about Market Cap →
What does a Market Cap of ₹904.8 Mil mean?
SPL Industries (BOM:532651) has a Market Cap of ₹904.8 Mil as of Jul. 24, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on SPL Industries and its competitors. According to the industry distribution chart, SPL Industries ranks #819 out of 1085 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 75.5%.
Is SPL Industries' Market Cap too high?
SPL Industries' current Market Cap is ₹904.8 Mil. Based on the distribution chart, SPL Industries ranks #819 out of 1085 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, SPL Industries has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SPL Industries' Market Cap compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, SPL Industries ranks #819 out of 1085 companies for Market Cap. This places SPL Industries in the lower half of its industry. The industry median Market Cap is 44.69. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Manufacturing - Apparel & Accessories company?
The median Market Cap among Manufacturing - Apparel & Accessories companies is 44.69, based on 1,085 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on SPL Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Market Cap is 44.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPL Industries's current Market Cap is ₹904.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPL Industries stock overvalued right now?
Based on GuruFocus' analysis, SPL Industries (BOM:532651) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹20.61, compared to a current price of ₹31.20 — trading 51.4% above its estimated fair value. The current Market Cap is ₹904.8 Mil. SPL Industries' overall GF Score™ is 64/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For SPL Industries (BOM:532651), the current Market Cap is ₹904.8 Mil as of Jul. 24, 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 SPL Industries (BOM:532651) Overvalued in 2026?

Based on GuruFocus' analysis, SPL Industries stock appears to be overvalued. The current stock price of ₹31.20 is trading 51.4% above its estimated GF Value™ of ₹20.61. GuruFocus considers SPL Industries to be Significantly Overvalued.

Key valuation signals for BOM:532651:

  • Market Cap: ₹904.8 Mil
  • GF Value™: ₹20.61 vs. price of ₹31.20 (51.4% above fair value)
  • GF Score™: 64/100 with 4 warning signs

No single metric tells the full story. See the BOM:532651 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SPL Industries Business Description

Other Exchanges SPLIL: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.
64GF Score

Get the complete analysis for BOM:532651

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

₹31.20
Price
₹20.61
GF Value