Spice Islands Industries Ltd

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Spice IslandsInd Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents
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Spice Islands Industries Ltd

₹ 491 1.31%
14 Aug - close price
spiceislandsindia.com BSE: 526827
About

Incorporated in 1988, Spice Islands Industries Ltd manufactures textiles and has diversified into various other activities[1]

Key Points

Business Overview:[1][2]
SIIL was engaged in the manufacturing
& selling of knitted and woven garments.
The company has now diversified its business into various activities including the solar business

Website BSE
  • Market Cap ₹ 306 Cr.
  • Current Price ₹ 491
  • High / Low ₹ 549 / 70.6
  • Stock P/E 54.1
  • Book Value ₹ 22.5
  • Dividend Yield 0.33 %
  • ROCE 62.4 %
  • ROE 69.1 %
  • Face Value ₹ 10.0
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Unsung hero
Jass Kaur
She was responsible for the well-being of Ghadarites who came to Jhar Sahib Gurdwara for shelter. She also planned the proposed rebellion. The gurdwara was the secret meeting place for Ghadar Party members.
Unsung hero
Surain Singh Badagilwandi
He was a member of the Ghadar Party and was involved in the Lahore Conspiracy Case. He was executed on 17 November 1915.

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has delivered good profit growth of 37.7% CAGR over last 5 years
  • Debtor days have improved from 305 to 58.4 days.

Cons

  • Stock is trading at 21.8 times its book value
  • Earnings include an other income of Rs.3.29 Cr.
  • Promoter holding has decreased over last 3 years: -19.2%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Consumer Discretionary Consumer Durables Consumer Durables Gems, Jewellery And Watches

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
0.19 0.20 0.13 0.10 0.48 0.00 0.10 0.33 0.34 1.93 1.74 3.32 10.91
0.22 0.13 0.10 0.18 0.49 0.13 0.44 0.60 0.56 1.66 1.65 2.31 9.78
Operating Profit -0.03 0.07 0.03 -0.08 -0.01 -0.13 -0.34 -0.27 -0.22 0.27 0.09 1.01 1.13
OPM % -15.79% 35.00% 23.08% -80.00% -2.08% -340.00% -81.82% -64.71% 13.99% 5.17% 30.42% 10.36%
0.08 0.01 0.08 0.18 0.16 0.24 0.06 0.09 1.81 0.09 0.72 0.48 2.00
Interest 0.04 0.02 0.02 0.02 0.02 0.02 0.02 0.01 0.01 0.01 0.01 0.01 0.03
Depreciation 0.01 0.01 0.01 0.01 0.01 0.03 -0.01 0.02 0.02 0.02 0.02 0.02 0.02
Profit before tax 0.00 0.05 0.08 0.07 0.12 0.06 -0.29 -0.21 1.56 0.33 0.78 1.46 3.08
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 220.69% 4.76% 0.00% 0.00% 0.00% 0.00% -0.32%
-0.02 0.05 0.08 0.07 0.11 0.06 -0.93 -0.21 1.56 0.33 0.78 1.46 3.09
EPS in Rs -0.05 0.12 0.19 0.16 0.26 0.14 -2.16 -0.49 3.63 0.77 1.81 2.34 4.96
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
24.11 22.95 17.73 28.82 17.03 15.64 6.60 2.68 0.86 0.00 0.78 17.89
23.52 22.77 19.53 30.39 21.23 18.34 8.21 3.60 1.03 0.91 1.74 15.41
Operating Profit 0.59 0.18 -1.80 -1.57 -4.20 -2.70 -1.61 -0.92 -0.17 -0.91 -0.96 2.48
OPM % 2.45% 0.78% -10.15% -5.45% -24.66% -17.26% -24.39% -34.33% -19.77% -1.11% -123.08% 13.86%
0.77 0.81 1.04 1.22 0.52 0.42 -0.13 -0.13 0.17 1.33 2.20 3.29
Interest 0.15 0.17 0.24 0.43 0.43 0.29 0.14 0.11 0.06 0.06 0.06 0.05
Depreciation 0.39 0.49 0.47 0.49 0.48 0.39 0.30 0.15 0.04 0.04 0.06 0.08
Profit before tax 0.82 0.33 -1.47 -1.27 -4.59 -2.96 -2.18 -1.31 -0.10 0.32 1.12 5.64
Tax % 25.61% 15.15% 5.44% 3.94% -14.60% -1.01% 0.00% 0.76% 20.00% 0.00% 57.14% -0.35%
0.61 0.28 -1.54 -1.32 -3.91 -2.94 -2.18 -1.32 -0.12 0.32 0.48 5.66
EPS in Rs 1.42 0.65 -3.58 -3.07 -9.09 -6.84 -5.07 -3.07 -0.28 0.74 1.12 9.08
Dividend Payout % 105.74% 115.18% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 17.61%
Compounded Sales Growth
10 Years: -2%
5 Years: 22%
3 Years: 175%
TTM: 2194%
Compounded Profit Growth
10 Years: 45%
5 Years: 38%
3 Years: 336%
TTM: 1079%
Stock Price CAGR
10 Years: 35%
5 Years: 138%
3 Years: 188%
1 Year: 464%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 69%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 4.30 4.30 4.30 4.30 4.30 4.30 4.30 4.30 4.30 4.30 4.30 6.23
Reserves 8.88 8.77 6.83 5.52 1.59 -1.35 -3.53 -4.82 -4.92 -4.60 -1.94 7.79
0.20 1.08 2.52 4.80 3.45 1.92 2.01 0.87 0.63 0.63 1.28 0.59
2.56 1.80 1.88 3.40 2.56 3.51 2.25 3.18 1.93 0.94 1.44 3.07
Total Liabilities 15.94 15.95 15.53 18.02 11.90 8.38 5.03 3.53 1.94 1.27 5.08 17.68
1.94 2.89 3.08 3.12 2.23 2.08 1.25 0.84 0.60 0.21 0.76 2.82
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 2.36 2.88 2.96 2.71 1.81 0.19 0.00 0.00 0.00 0.00 0.00 0.00
11.64 10.18 9.49 12.19 7.86 6.11 3.78 2.69 1.34 1.06 4.32 14.86
Total Assets 15.94 15.95 15.53 18.02 11.90 8.38 5.03 3.53 1.94 1.27 5.08 17.68

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
-2.64 1.56 -1.78 -3.43 0.82 -0.24 -0.90 0.76 0.07 -0.20 0.30 2.94
0.74 -1.37 0.85 0.38 0.54 2.12 0.50 0.15 0.15 0.37 -2.91 -5.69
-0.62 -0.29 0.79 1.92 -1.72 -1.72 -0.08 -1.20 -0.30 -0.06 2.77 5.28
Net Cash Flow -2.52 -0.10 -0.13 -1.13 -0.35 0.16 -0.48 -0.28 -0.08 0.10 0.16 2.52
Free Cash Flow -2.93 0.12 -2.44 -3.95 0.89 -0.24 -0.45 0.87 0.22 0.17 -2.61 -1.28
CFO/OP -439% 900% 95% 218% -20% 9% 56% -83% 53% 18% -32% 119%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 12.11 22.90 52.08 73.33 48.22 26.14 37.61 104.87 25.47 552.18 58.35
Inventory Days 60.59 64.87 62.17 22.34 53.23 40.19 10.11 4.40 0.00 100.96 9.17
Days Payable 38.92 28.33 54.17 43.12 67.42 57.25 39.53 54.97 93.19 23.17
Cash Conversion Cycle 33.78 59.44 60.09 52.55 34.03 9.07 8.19 54.30 25.47 559.95 44.35
Working Capital Days 52.38 52.64 60.94 33.31 3.21 -23.34 -109.50 -339.12 -674.83 -486.67 49.58
ROCE % 5.98% 2.32% -14.17% -11.46% -34.39% -36.45% -46.54% -61.34% 5.56% 211.76% 59.45% 62.36%

Insights

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Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
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Number of Permanent Employees
count
Revenue from UAE Customers
INR lacs
Revenue from UK Customers
INR lacs
Woven Garments Share of Total Turnover
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
0.00% 0.00% 62.50% 62.50% 62.50% 62.50% 62.50% 62.50% 62.50% 62.50% 43.11% 43.11%
99.99% 99.99% 37.49% 37.51% 37.50% 37.50% 37.50% 37.48% 37.49% 37.50% 56.90% 56.88%
No. of Shareholders 2,1952,2082,1582,1192,0972,0712,1042,0772,4302,4122,8203,122

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