Spice Islands Industries Limit
BSE: SPICEISLIN · Gems, Jewellery And Watches · sector
₹130.00BSE close 2026-10-26
Key numbers
Market cap₹64 cr
Price₹130.00
52w high / low₹549 / ₹85
P/E9.8xSector median 16.4x
P/B4.6xSector median 1.9x
Book value₹28.4
Dividend yield0.82%Sector median 0.46%
ROE82.2%Sector median 14.7%
ROCE46.4%Sector median 15.0%
OPM8.2%Sector median 6.6%
Debt / equity0.04xSector median 0.26x
EV/EBITDA21.8xSector median 15.4x
Interest cover107.3x
Current ratio2.85x
Sales growth 3y+175.0%Sector median +25.6%
Profit growth 3y–Sector median +26.1%
PEG–
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 82 companies in Gems, Jewellery And Watches (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹4 cr vs borrowings ₹1 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 107.3x in the last 12 months.
- Other income was 61% of net profit in the last 12 months.
- Dividend paid in 1 of the last 5 financial years.
- Price ₹130.00 on 2026-10-26: -76.3% from the 52-week high, +52.5% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹130.00 · low ₹90.00
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|
| Revenue | 0 | 2 | 2 | 3 | 11 | 18 |
| EBITDA | -0 | 0 | 0 | 1 | 1 | 1 |
| OPM % | -61.8% | 14.0% | 4.6% | 30.4% | 10.3% | 3.1% |
| Other income | 2 | 0 | 1 | 0 | 2 | 1 |
| Net profit | 2 | 0 | 1 | 1 | 3 | 1 |
| EPS (₹) | 3.64 | 0.77 | 1.82 | 2.95 | 6.25 | 2.24 |
| Revenue YoY | +3,108.8% | +823.8% | ||||
| Profit YoY | +98.1% | +324.2% |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 3 | 1 | 1 | 1 | 18 | 34 |
| EBITDA | -1 | -0 | -0 | -1 | 2 | 3 |
| Net profit | -1 | -0 | 0 | 0 | 6 | 7 |
| EPS (₹) | -3.06 | -0.24 | 0.76 | 1.11 | 11.45 | 13.26 |
| Revenue growth | -67.9% | +4.7% | -13.3% | +2,193.6% | – | |
| Profit growth | – | – | +50.0% | +1,079.2% | – | |
| Dividend / share (₹) | – | – | – | – | 1.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +175.0% | – | – |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | +66.0% (2y) | +33.7% |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 2 | 14 |
| Borrowings | 1 | 1 |
| Cash & equivalents | 0 | 4 |
| Total assets | 5 | 18 |
| Fixed assets | 1 | 1 |
| Capital work in progress | 0 | 0 |
| Investments | 0 | 0 |
| Receivables | 1 | 3 |
| Inventory | 0 | 0 |
| Payables | 0 | 0 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | 0 | 3 |
| Cash from investing | -3 | -6 |
| Cash from financing | 3 | 5 |
| Capex | 0 | 4 |
| Free cash flow | 0 | -1 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | 20.3% | 40.4% |
| ROCE % | 32.4% | 39.0% |
| Debtor days | 554 | 58 |
| Inventory days | 100 | 8 |
| Payable days | 94 | 21 |
| Cash conversion cycle (days) | 560 | 45 |
| Working capital days | -386 | 138 |
Peers in Gems, Jewellery And Watches
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| TITAN | ₹3,83,796 cr | 66.9x | 24.4x | 42.2% | 33.3% | 10.1% | +29.2% | 0.25% |
| KALYANKJIL | ₹52,133 cr | 36.3x | 8.3x | 25.8% | 34.4% | 6.6% | +36.4% | 0.30% |
| LALITHAA | ₹17,374 cr | – | – | – | – | – | – | – |
| PCJEWELLER | ₹16,193 cr | 16.0x | 1.7x | 10.8% | 10.3% | 24.5% | +10.7% | – |
| SKYGOLD | ₹14,535 cr | 43.3x | 12.1x | 35.6% | 26.4% | 7.2% | +76.0% | – |
| THANGAMAYL | ₹14,404 cr | 36.8x | 10.2x | 31.1% | 26.3% | 6.4% | +39.2% | 0.27% |
| BLUESTONE | ₹11,583 cr | 110.7x | 6.3x | 6.0% | 11.9% | 17.0% | – | – |
| PNGJL | ₹7,558 cr | 17.0x | 3.9x | 25.4% | 19.9% | 5.8% | – | – |
| ETHOSLTD | ₹6,486 cr | 62.2x | 4.4x | 8.4% | 12.0% | 12.8% | +26.9% | – |
| SPICEISLIN | ₹64 cr | 9.8x | 4.6x | 82.2% | 46.4% | 8.2% | +175.0% | 0.82% |
Business segments (2026-06-30)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| b) Food and beverages (Including Edible Oil) | ₹15 cr | 83.3% | ₹-0 cr | -2.6% |
| c) Hospitality business | ₹2 cr | 14.1% | ₹1 cr | 34.0% |
| a) Renting/Hire of electric Vehicle | ₹0 cr | 2.6% | ₹0 cr | 53.5% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-07-31 | Dividend | Final Dividend Rs 0.6 |
| 2026-02-27 | Dividend | Interim Dividend Rs 0.5 |
| 2025-11-21 | Dividend | Interim Dividend Rs 0.5 |
| 2016-09-15 | Dividend | Dividend Rs 0.75 |
| 2015-09-21 | Dividend | Dividend Rs 1.5 |
Documents
Links go to the original files on the exchange website.
About the company
| Sector | Consumer Discretionary |
| Industry | Gems, Jewellery And Watches |
| Sub-industry | Gems, Jewellery And Watches |
| Symbol | SPICEISLIN |
| BSE code | 526827 |
| ISIN | INE882D01025 |
| Face value | ₹2.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = BSE close 2026-10-26.