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The phase of corporate action continues for investors in the Indian stock market. In this context, a well-known company in the textile and garment sector S.P. Apparel Limited (SP Apparels) has made a big announcement for its investors. This company, included in the Consumer Discretionary Index of BSE, has Stock Split The record date for has been officially announced. Ever since this news came out, there is a lot of curiosity among investors regarding this stock.
According to the official information given by the company to the exchange, in the meeting of the Board of Directors of SP Apparels, it has been decided that the shares of the company will be divided ratio of 1:5 Will be done in. This means that after the split, every existing share of the company with a face value of ₹ 10 5 shares with face value of ₹2 Will be changed to.
For this stock split the company 10 December 2026 Has been set as the record date. This means that investors who have shares of the company available in their demat accounts on the scheduled record date will receive 5 shares for every 1 share held. Earlier, the shareholders had already approved this proposal in the 21st Annual General Meeting (AGM) of the company held on September 21.
Often this question arises in the minds of investors that due to stock split, does their total investment value increase overnight? So let us tell you that due to stock split, the actual value of the investor’s total holding in the company does not automatically increase.
In this process the number of shares increases in the same proportion and the price per share (market price) also comes down in the same proportion. However, the liquidity of shares increases and share prices become more affordable for small investors, which helps in increasing trading volumes in the market.
Apart from this corporate action in the stock market, if we talk about the recent financial performance of the company, the performance of SP Apparels has remained stable and strong. The company had recorded a revenue of ₹ 401.08 crore on a consolidated basis in the first quarter of FY 2027, which was almost equal to the same quarter last year (₹ 403.44 crore).
Despite this, the operational performance of the company has been quite excellent. Company’s first quarter EBITDA increased by 15.9% to ₹61.36 crore While it was ₹52.94 crore in the same period last year. Furthermore, the company’s consolidated net profit was recorded at ₹24.87 crore, registering an impressive growth of 20.4%. Due to better margins and strong profit figures, investors’ confidence in this stock is continuously strengthening.