S. P. Apparels Limited Net Asset Quality Index
S. P. Apparels Limited net asset quality index. S. P. Apparels Limited (SPAL) has a Net Asset Quality Index of 58.4% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of Rs15.27 Billion minus total liabilities of Rs6.35 Billion yields net assets of Rs8.92 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See SPAL book value for net asset value and shareholders' equity analysis.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of S. P. Apparels Limited (2011–2025)
Net asset quality index of S. P. Apparels Limited from 2011 to 2025. This chart shows how S. P. Apparels Limited's Net Asset Quality Index has evolved across 15 annual periods from 2011 to 2025. As of September 2025, the index stands at 58.4%, representing net assets of Rs8.92 Billion against total assets of Rs15.27 Billion INR. Check SPAL strategic asset allocation to assess the company's strategic physical and investment asset allocation.
S. P. Apparels Limited Net Asset Quality Index by Year (2011–2025)
S. P. Apparels Limited net asset quality index by year from 2011 to 2025. The table below presents the year-by-year Net Asset Quality Index for S. P. Apparels Limited from 2011 to 2025, covering 15 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see SPAL company net worth.
| Year | Quality Index | Net Assets (INR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 58.4% | Rs8.50 Billion | Rs14.56 Billion | Rs6.06 Billion | ▼ -8.0 pp |
| 2024 | 66.3% | Rs7.57 Billion | Rs11.42 Billion | Rs3.84 Billion | ▲ +5.5 pp |
| 2023 | 60.8% | Rs6.67 Billion | Rs10.97 Billion | Rs4.30 Billion | ▲ +1.4 pp |
| 2022 | 59.5% | Rs6.31 Billion | Rs10.62 Billion | Rs4.31 Billion | ▼ -1.1 pp |
| 2021 | 60.5% | Rs5.52 Billion | Rs9.12 Billion | Rs3.60 Billion | ▲ +2.6 pp |
| 2020 | 57.9% | Rs5.17 Billion | Rs8.92 Billion | Rs3.76 Billion | ▲ +4.0 pp |
| 2019 | 53.9% | Rs4.77 Billion | Rs8.87 Billion | Rs4.09 Billion | ▲ +5.6 pp |
| 2018 | 48.3% | Rs3.91 Billion | Rs8.10 Billion | Rs4.19 Billion | ▼ -7.8 pp |
| 2017 | 56.0% | Rs3.83 Billion | Rs6.83 Billion | Rs3.00 Billion | ▲ +33.5 pp |
| 2016 | 22.6% | Rs1.27 Billion | Rs5.61 Billion | Rs4.34 Billion | ▲ +1.4 pp |
| 2015 | 21.2% | Rs1.13 Billion | Rs5.35 Billion | Rs4.22 Billion | ▲ +4.2 pp |
| 2014 | 17.0% | Rs894.08 Million | Rs5.25 Billion | Rs4.36 Billion | ▲ +2.8 pp |
| 2013 | 14.3% | Rs757.01 Million | Rs5.31 Billion | Rs4.55 Billion | ▲ +1.0 pp |
| 2012 | 13.2% | Rs736.70 Million | Rs5.57 Billion | Rs4.83 Billion | ▲ +5.0 pp |
| 2011 | 8.2% | Rs440.77 Million | Rs5.36 Billion | Rs4.92 Billion | — |