S. P. Apparels Limited — Investor Meet, 18-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

SP Apparels delivered Q3 FY26 consolidated revenue of INR 382.9 Cr (up 6.6% YoY) and PAT of INR 27.0 Cr (up 9.1% YoY). For 9M FY26, revenue hit INR 1,213.7 Cr (up 21.9% YoY). The company expects Q4 to be softer due to past US tariff uncertainty, now resolved. Sri Lanka operations and Young Brand expansion are set to normalize from Q1 FY27. Management maintains its INR 2,000 Cr revenue guidance by FY27 and 15% Garment EBITDA margin, confident in growth driven by new customer additions and strategic flexibility.