SP Apparels Q1 Results FY27: Date, Revenue Estimates, Key Catalysts and Share Price Target

July 7, 2026
Posted by: Kunal Singla
Category: News

SP Apparels CMP Rs.1,104. Q1 FY27E revenue Rs.344-396 Cr. PAT estimate Rs.12-15 Cr. 12-month target Rs.954-1,097.

SP Apparels Q1 Results FY27 is coming into focus as investors position ahead of the July-August 2026 results season, with SP Apparels shares trading at Rs.1,104 against a market capitalisation of Rs.2,774 Cr and a price-to-earnings multiple of Not meaningful. As a consumer and retail name on the NSE and BSE, SP Apparels enters the SP Apparels Q1 Results FY27 print with the Street watching revenue momentum, margin trajectory and management commentary on FY27 guidance.

This SP Apparels Q1 Results FY27 preview is built on a trailing-growth framework applied to the company’s Q1 FY26 base of Rs.405 Cr revenue and Rs.21 Cr net profit, using the most recent year-on-year growth signal from Q4 FY26. This Q1 prediction is a Uniresearch trailing-growth projection, not a formal analyst estimate, and should be read alongside the company’s own guidance once released.

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Table of Contents

About SP Apparels

SP Apparels (NSE: SPAL) operates in the consumer and retail space and is tracked on Univest under its NSE and BSE listings. Ahead of the SP Apparels Q1 Results FY27 print, the company’s most recent reported quarter (Q4 FY26) shows revenue of Rs.369 Cr and net profit of Rs.19 Cr, forming the base against which the SP Apparels Q1 Results FY27 estimates in this article are built. This SP Apparels Q1 Results FY27 snapshot is intended as a starting point for research, not a substitute for the company’s own disclosures.

SP Apparels Q1 FY27 Estimates

Metric	Q1 FY27E (Range)	Q1 FY26 Actual	YoY Growth
Revenue (Rs. Cr)	344-396	405	-8.6%
Net Profit / PAT (Rs. Cr)	12-15	21	-38.8%
Results Date	July-August 2026 (indicative)
12-Month Target (Uniresearch Estimate)	Rs.954-1,097

Univest, a SEBI-Registered Investment Advisor, Tracks SP Apparels Ahead of Q1 FY27 Results

Key Catalysts to Watch

1. Seasonal Demand Trends

Festive and seasonal demand supporting volume growth across the portfolio is one of the primary variables that analysts are tracking ahead of SP Apparels’s Q1 FY27 results and FY27 guidance. The market’s reaction to management commentary on this factor will likely determine whether the stock can sustain a move toward the SP Apparels share price target or faces renewed pressure.

2. Footprint Expansion

Expansion in store or platform footprint widening the addressable market is one of the primary variables that analysts are tracking ahead of SP Apparels’s Q1 FY27 results and FY27 guidance. The market’s reaction to management commentary on this factor will likely determine whether the stock can sustain a move toward the SP Apparels share price target or faces renewed pressure.

3. Premiumisation

Premiumisation and mix improvement aiding realisation per unit is one of the primary variables that analysts are tracking ahead of SP Apparels’s Q1 FY27 results and FY27 guidance. The market’s reaction to management commentary on this factor will likely determine whether the stock can sustain a move toward the SP Apparels share price target or faces renewed pressure.

Download the Univest iOS App or Univest Android App to track SP Apparels’s live price and Q1 FY27 result updates.

Key Risks to the SP Apparels Q1 Results FY27 Outlook

Discretionary demand softness affecting volume growth.
Rising customer acquisition and logistics costs pressuring margins.
Competitive intensity from larger or well-funded rivals.

Q4 FY26 Performance Context for the SP Apparels Q1 Results FY27 Print

SP Apparels closed Q4 FY26 with revenue of Rs.369 Cr and net profit of Rs.19 Cr, a year-on-year revenue change of -8.6% and PAT change of -38.8% versus Q4 FY25. This base underpins the SP Apparels Q1 Results FY27 projection used in this preview and should be read alongside the company’s own SP Apparels Q1 Results FY27 commentary once reported.

Technical Analysis Ahead of SP Apparels Q1 Results FY27

SP Apparels shares last traded at Rs.1,104. For the current 52-week high and low, support and resistance levels, investors should check the live chart on the Univest app or the NSE website, since these levels move intraday and are not reproduced here to avoid stale data.

Share Price Target Based on the SP Apparels Q1 Results FY27 Outlook

3-6 Month Target

Over a 3-6 month horizon, the SP Apparels Q1 Results FY27 trailing-growth framework points to a range of Rs.1,027-1,115 for SP Apparels, contingent on the SP Apparels Q1 Results FY27 print matching or beating the trailing growth trend.

12-Month Target

The 12-month target (Uniresearch estimate) tied to this SP Apparels Q1 Results FY27 view for SP Apparels works out to Rs.954-1,097, built on the same trailing revenue growth trend and current valuation multiple. Tracking with a cautious bias is how Univest research categorises the stock heading into SP Apparels Q1 Results FY27, not a formal Buy or Sell call.

FY27-28 Outlook

Looking out to FY27-28, a sustained continuation of the growth trajectory implied by this SP Apparels Q1 Results FY27 analysis would put SP Apparels in a Rs.919-1,118 range, though this is sensitive to sector-wide demand, cost trends and any change in the company’s competitive position.

What to Watch in the SP Apparels Q1 Results FY27 Print

Revenue and PAT versus the SP Apparels Q1 Results FY27 estimate range in this preview.
Management commentary on FY27 growth guidance and margin trajectory relevant to the SP Apparels Q1 Results FY27 narrative.
Festive and seasonal demand supporting volume growth across the portfolio
Discretionary demand softness affecting volume growth

Conclusion on SP Apparels Q1 Results FY27

SP Apparels enters the Q1 FY27 results season trading at Rs.1,104, with the 12-month Uniresearch target range of Rs.954-1,097 reflecting a tracking with a cautious bias stance. Investors tracking the SP Apparels Q1 Results FY27 print should watch the catalysts and risks above and consult a SEBI-registered advisor before making investment decisions around the results.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

FAQs on SP Apparels Q1 Results FY27

When are SP Apparels Q1 FY27 results expected?

Ans. SP Apparels’s Q1 FY27 results are expected in the July-August 2026 window, in line with the broader NSE and BSE results season for the quarter ending June 2026.

What is the SP Apparels Q1 FY27 revenue estimate?

Ans. The Uniresearch trailing-growth estimate for SP Apparels’s Q1 FY27 revenue is Rs.344-396 Cr, based on the Q1 FY26 base of Rs.405 Cr.

What is the SP Apparels share price target?

Ans. The 12-month Uniresearch estimate for SP Apparels share price target is Rs.954-1,097, based on trailing growth and current valuation multiples.

Is SP Apparels a good buy before Q1 FY27 results?

Ans. SP Apparels is tracking with a cautious bias heading into Q1 FY27 results. Investors should weigh the catalysts and risks in this article and consult a SEBI-registered advisor before investing.

What should investors watch in SP Apparels’s Q1 FY27 results?

Ans. Key items include revenue and PAT versus estimates, management commentary on FY27 guidance, and festive and seasonal demand supporting volume growth across the portfolio.

Where can I track SP Apparels share price live?

Ans. SP Apparels share price can be tracked live on the Univest app and website, along with research updates from SEBI-registered analysts.

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Author: Kunal Singla

Kunal Singla is the Associate Director - Research at Univest, leading quantitative equity research, intraday trading setups, and derivatives strategy. With 4+ years of experience in Indian equity markets, he combines rigorous quantitative methods with classical technical analysis to build high-conviction research frameworks for retail and advisory clients. He holds an MSc from the Indian Institute of Technology (IIT) Delhi — one of India's most selective institutions — and has completed the Certificate in Quantitative Finance (CQF), a globally recognised programme covering derivatives pricing, risk modelling, machine learning for finance, and advanced portfolio theory. This combination places him in a small group of Indian analysts with both deep academic training in quantitative methods and SEBI-recognised research credentials. Kunal holds seven SEBI-recognised NISM certifications spanning research, derivatives, portfolio management, and securities operations: Series-XV (Research Analyst), Series-XXI-A (Portfolio Managers), Series-XVI (Commodity Derivatives), Series-VIII (Equity Derivatives), Series-VII (SORM), Series-V-A (Mutual Fund Distributors), and Series-I (Currency Derivatives). At Univest — India's SEBI-registered research and advisory platform — Kunal leads research inputs for Pro Lite, Pro Super, Pro Gold, and Pro Commodity advisory services, alongside publishing intraday stock picks on Univest Blogs.