Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
SPL Industries Limited, an Indian enterprise established in 1991 and based in Faridabad, specializes in the creation, production, and distribution of cotton knitted apparel and other textile products. The company's business activities are primarily divided into two areas: the manufacturing of cotton knitted garments and various textile items, along with related processing services, and the trading of garments. Its extensive product range includes diverse fabrics such as single jersey, jacquard, interlock, flat back, auto stripe fleece, double jersey jacquard, and waffle textures. Additionally, it offers a selection of outerwear garments like T-shirts, sweatshirts, and polo shirts. SPL Industries extends its reach globally, exporting its merchandise to a wide international clientele, including the United States, the Middle East, Asia, and Europe. The company was originally known as Shivalik Prints Private Limited before officially adopting the name SPL Industries Limited in 1994.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. In particular, the stock is underpriced on P/E, 'expensive' on EV