S P Apparels Aug 11, 2026: Q1 results, dividend, split

The key update investors are tracking

S.P. Apparels Ltd. has scheduled a Board of Directors meeting for Tuesday, August 11, 2026, putting the spotlight back on the company’s near-term earnings and shareholder actions. The board is expected to review and approve the company’s unaudited financial results for the quarter ended June 30, 2026. Alongside the results, the agenda also includes items that can materially change how the stock trades day-to-day, including a proposed equity share split.

The same meeting also includes consideration of recommending a final dividend for the financial year 2025-26. In addition, the board will take up changes related to the company’s Memorandum of Association and alterations to the SPAL Employee Stock Option Plan 2024 (ESOP 2024), as disclosed to the exchange.

Board meeting on August 11: what the company said

As per the company’s intimation to BSE, S.P. Apparels Ltd. will convene its board meeting on 11/08/2026. The stated purpose includes approving standalone and consolidated unaudited financial results for the quarter ended June 30, 2026. The company has also indicated that the meeting will consider a final dividend recommendation for FY2025-26.

Separately, the board is set to evaluate a sub-division (split) of equity shares, reducing the face value from Rs. 10 per share to Rs. 2 per share. This effectively corresponds to a 5-for-1 split based on face value (Rs. 10 to Rs. 2). The filing also references proposed alterations to the Memorandum of Association and changes to the ESOP 2024.

Earnings calendar: last and upcoming dates

The earnings calendar shared alongside the stock data flags the last earnings date as Q4 FY25-26 on 20th May, 2026. The upcoming earnings date is listed as Q1 FY26-27 on 11th Aug, 2026, which aligns with the board meeting date for approving the quarter ended June 30, 2026.

This timing matters because the quarter ended June 30 is typically the first quarter of the financial year cycle for Indian companies. Any dividend recommendation for FY2025-26, if made, would also be an additional headline from the same meeting.

Share split proposal: Rs 10 face value to Rs 2

The share split item is framed as a sub-division of equity shares from an existing face value of Rs. 10 each to a face value of Rs. 2 each. A split does not change the underlying business performance, but it changes the number of shares and the quoted price per share in proportion, subject to approvals and implementation.

Based strictly on the face value change described, the proposal implies a 5-for-1 split (each Rs. 10 share becoming five Rs. 2 shares). The company has indicated this decision will be taken up at the August 11 board meeting.

Dividend on the table: FY2025-26 recommendation

The board will consider recommending a final dividend for the financial year 2025-26. Separately, the stock data also references a past final dividend of Rs. 2.00 per share (20%) with an ex-date of Aug 25, 2025. One of the provided entries also states the company declared a dividend of Rs 2.00 on 25 Aug, 2025.

The data points further note “no upcoming dividends are available” at the time of the snapshot. That makes the board’s consideration on August 11 a key near-term event to watch, because any recommendation would typically be communicated after the meeting.

Stock price and intraday levels cited in the data

Market snapshots included in the provided text show S P Apparels trading at different points around early August. One quote shows 1,046.75 up 14.35 (1.39%) at 10:42:28 AM (GMT+5:30), market open. Another Hindi market update cites a live price of Rs 1,050.45, with an open near Rs 1,032 versus a previous close of Rs 1,041, and an intraday high/low of Rs 1,060/Rs 1,023.

A separate line states: “The share price of SPAL as on 11th August 2026 is Rs 1075.” Since these are point-in-time references, investors typically track the official exchange close and corporate announcements around the board meeting for confirmation.

Financial snapshot: revenues, profits and EPS figures mentioned

The dataset includes a headline revenue number of Rs 364 (unit not specified in the input), with QoQ -4.71% and YoY -8.59%. It also lists gross profit of Rs 32 with QoQ -26.80%.

For profitability, the text states: S P Apparels Ltd’s net profit fell -39.23% year-on-year to Rs 18.48 crore in Q4 2025-2026, and declined -31.45% on a quarterly basis versus the prior quarter. Another set of EPS numbers states basic EPS for Q4FY26 was Rs 7.40 compared with Rs 12.11 in Q4FY25 (YoY decline of 38.89%) and down from Rs 10.76 in Q3FY26 (QoQ decline of 31.23%).

The input also mentions “reported EPS” of 40.18 with “estimated EPS” shown as “--”, which suggests an absence of an estimate in the referenced feed.

Earlier quarter operating metrics included in the text

The content also provides operating metrics for earlier quarters in Rs million, which convert to Rs crore for comparability (1 crore = 10 million). For Q1FY26, consolidated total revenue is stated at Rs 4,050.70 million (Rs 405.07 crore), EBITDA at Rs 545.60 million (Rs 54.56 crore), and profit after tax at Rs 206.60 million (Rs 20.66 crore), with EPS of Rs 8.20 versus Rs 7.20 in Q1FY25.

For Q3FY26, revenue from operations is stated at Rs 3,829.5 million (Rs 382.95 crore), EBITDA at Rs 566.0 million (Rs 56.60 crore), and PAT at Rs 270.0 million (Rs 27.00 crore), along with an EPS figure near Rs 10.8. These numbers provide context on how the business has performed across quarters, even as investors await the June 2026 quarter outcome.

Key facts table

Market impact and why this meeting matters

A combined agenda of quarterly results, a potential final dividend recommendation, and a proposed share split tends to draw attention because it bundles operating performance with capital-market actions. The split proposal can change share count and trading denomination, while the dividend decision directly affects cash return to shareholders.

From a fundamentals perspective, the mixed profit and EPS trends cited for Q4FY26, alongside growth metrics shown for earlier quarters, underline why the June 2026 quarter print will be closely read. Investors typically compare the reported numbers against recent quarter trajectories and against any metrics that the company has previously disclosed.

What to watch on August 11

The primary watchpoints will be the reported standalone and consolidated unaudited results for the quarter ended June 30, 2026, and the board’s decision on recommending a final dividend for FY2025-26. The split proposal, if approved by the board, would still require the usual follow-through steps and disclosures for implementation.

Any decisions on altering the Memorandum of Association and changes to ESOP 2024 may also be relevant for governance and employee incentive structure, depending on what is approved and later disclosed.

Conclusion

S.P. Apparels’ August 11, 2026 board meeting combines three market-relevant items: June-quarter results, a possible final dividend recommendation for FY2025-26, and a proposed face-value split from Rs 10 to Rs 2. The company’s next update is expected after the board meeting outcome and the release of the unaudited financial results for the quarter ended June 30, 2026.