SPICE ISLANDS INDUSTRIES LIMITED

BSE: SPICEISLIN526827ISIN INE882D01025

Consumer Discretionary
Gems, Jewellery And Watches

Share price

₹135.45+4.25 (+3.24%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

Splits and bonuses

28 Aug 2026 · Split 5:1 (₹10 → ₹2)

52W high: ₹141.00
52W low: ₹17.64
Off 52W high: -3.94%
1M return: +33.25%
3M return: +38.27%
6M return: +99.13%
1Y return: +636.14%
20D avg volume: 40,582
50 DMA: ₹106.34
200 DMA: ₹81.05

Key ratios Standalone

Market cap: ₹422.15 Cr
Current price: ₹135.45
52W high / low: ₹141.00 / ₹17.64
Face value: ₹2.00
P/E: 62.71
P/B: -356.45
EPS (TTM): ₹2.16
Book value / share: —
ROE: -574.40%
ROCE: 40.60%
Operating margin: 8.10%
Net margin: 7.85%
Debt / equity: 0.04
Net debt: ₹-2.21 Cr
Interest cover: 113.80
Dividend yield: 1.18%
Dividend / share (TTM): ₹1.60
Payout: 74.07%
Cash conversion cycle: 52.5 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	17.83	10.91	3.32	1.74	1.93	0.34	0.34	0.10	—	0.48	0.10	0.12
	0.89	2.00	0.48	0.72	0.09	1.81	0.09	0.07	0.24	0.16	0.18	0.08
	18.72	12.91	3.80	2.46	2.01	2.15	0.42	0.17	0.24	0.64	0.28	0.20
	17.31	9.84	2.34	1.68	1.68	0.58	0.63	0.47	0.18	0.52	0.21	0.12
	0.42	0.34	0.26	0.19	0.09	0.00	0.00	0.06	—	—	—	—
	14.62	7.17	0.19	0.04	0.17	0.28	0.31	—	—	—	—	—
	0.56	0.40	0.42	0.38	0.31	0.07	0.04	0.04	0.02	0.01	0.02	0.01
	0.02	0.03	0.01	0.01	0.01	0.01	0.01	0.02	0.02	0.02	0.02	0.02
	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.01	0.03	0.01	0.01	0.01
	2.04	1.89	1.48	1.02	1.06	0.29	0.29	0.35	0.12	0.48	0.17	0.09
	1.41	3.08	1.46	0.78	0.33	1.57	-0.21	-0.30	0.06	0.11	0.07	0.08
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	1.41	3.08	1.46	0.78	0.33	1.57	-0.21	-0.30	0.06	0.11	0.07	0.08
	0.01	-0.01	0.00	0.00	0.00	0.00	0.01	0.64	—	—	—	—
	1.40	3.09	1.46	0.78	0.33	1.56	-0.21	-0.94	0.06	0.11	0.07	0.08
	2.24	6.25	2.95	1.82	0.77	3.64	-0.50	-2.17	0.14	0.28	0.17	0.20
Key metrics
	1.45	3.13	1.49	0.81	0.36	1.60	-0.18	-0.27	0.11	0.14	0.10	0.11
	8.10%	28.70%	44.90%	46.60%	18.70%	470.60%	-52.90%	-270.00%	45.80%	29.20%	100.00%	91.70%
	7.90%	28.30%	44.00%	44.80%	17.10%	458.80%	-61.80%	-940.00%	25.00%	22.90%	70.00%	66.70%
	—	22.20%	—	22.60%	—	66.70%	—	—	—	—	—	—
	823.80%	3,108.80%	876.50%	1,640.00%	704.20%	-29.20%	240.00%	-16.70%	—	—	—	—
	324.20%	98.10%	795.20%	183.00%	450.00%	1,318.20%	-400.00%	-1,275.00%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	33.80	17.89	0.78	0.90	0.86	2.68
	4.09	3.29	2.20	0.43	0.22	0.11
	37.89	21.18	2.98	1.33	1.08	2.79
	31.17	15.54	1.86	1.01	1.18	4.09
	1.21	0.90	0.00	—	0.49	1.61
	22.02	7.58	0.60	—	—	—
	1.76	1.55	0.17	0.04	0.04	0.20
	0.07	0.05	0.06	0.06	0.06	0.08
	0.08	0.08	0.06	0.04	0.04	0.14
	6.43	5.41	1.10	0.87	0.55	—
	6.73	5.64	1.12	0.32	-0.10	-1.30
	0.00	0.00	0.00	—	—	—
	6.73	5.64	1.12	0.32	-0.10	-1.30
	0.00	0.02	0.65	—	0.02	0.01
	6.73	5.66	0.48	0.32	-0.12	-1.32
	13.26	11.45	1.11	0.76	-0.24	-3.06
Key metrics
	6.88	5.77	1.24	0.42	0.00	-1.08
	20.36%	32.30%	159.00%	46.70%	0.00%	-40.30%
	19.91%	31.60%	61.50%	35.60%	-14.00%	-49.30%
	—	40.60%	49.80%	—	—	—
	1,147.23%	2,193.60%	-13.30%	4.70%	-67.90%	—
	809.46%	1,079.20%	50.00%	366.70%	90.90%	—
	—	-1.28	0.30	—	—	—
	—	0.52	0.62	—	—	—
	—	0.04	0.54	—	—	—
	—	-2.21	1.00	—	—	—
	—	52.5	556.8	—	—	—
Balance sheet
	—	17.69	5.08	—	—	—
	—	10.45	1.89	—	—	—
	—	2.80	0.28	—	—	—
	—	2.86	1.18	—	—	—
	—	0.19	0.13	—	—	—
	—	1.81	0.18	—	—	—
	—	1.31	0.76	—	—	—
	—	0.48	0.12	—	—	—
	—	3.66	2.71	—	—	—
	—	0.59	1.28	—	—	—
	—	0.59	1.28	—	—	—
	—	0.00	0.00	—	—	—
	—	14.02	2.36	—	—	—
Cash flow
	—	2.94	0.30	—	—	—
	—	-5.69	-2.91	—	—	—
	—	5.28	2.77	—	—	—
	—	4.22	0.00	—	—	—

Compounded growth

Sales CAGR 3Y: +175.02%
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +1,147.23%
Profit YoY (TTM): +809.46%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 43.11%

Quarter	September 2026	June 2026
Promoter %	43.11%	43.11%

Holder	Type	Holding	Previous	Change
FOTOSET TRADING PRIVATE limited	Promoter	43.11%	43.11%	0.00%
DHANIK FOOD AND BEVERAGES PVT LTD	Public	5.53%	5.53%	0.00%
IRFAN ISMAIL CHAPRA	Public	4.50%	4.69%	-0.19%
SPICE ISLANDS INDUSTRIES LIMITED	Public	1.92%	—	—
RISHABH SHARMA	Public	1.78%	1.80%	-0.02%
PANKAJ KUMAR JAIN	Public	1.78%	—	—
MAHENDRA GIRDHARILAL WADHWANI	Public	1.65%	1.65%	0.00%
AIYUB MOHAMED YACOOBALI	Public	1.22%	1.22%	0.00%
Investor Education and Protection Fund	Public	1.19%	1.19%	0.00%
ZENAB AIYUB YACOOBALI	Public	1.07%	1.10%	-0.03%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Titan Company Limited	4,21,698	4,750.00	73.21	38.40%	+45.05% TTM	+55.12% TTM	+24.58%
Kalyan Jewellers India Limited	54,736	530.00	38.14	27.40%	+45.75% TTM	+79.22% TTM	+1.38%
Lalithaa Jewellery Mart Limited	20,466	365.65	—	—	—	—	—
PC JEWELLER LIMITED	15,418	15.81	17.31	10.30%	+29.27% TTM	+45.80% TTM	+31.09%
Sky Gold And Diamonds Limited	14,375	928.15	35.45	36.00%	+73.01% TTM	+118.85% TTM	+158.54%
Thangamayil Jewellery Limited S	13,364	4,299.50	34.09	34.70%	+78.15% TTM	+113.25% TTM	+41.38%
BlueStone Jewellery and Lifestyle Limited	10,569	691.35	103.94	8.10%	—	—	-2.80%
P N GADGIL JEWELLERS LIMITED	8,562	581.65	17.56	30.50%	+50.66% TTM	+64.36% TTM	-12.63%
ETHOS LIMITED	7,328	2,738.80	69.28	8.40%	+30.42% TTM	+14.34% TTM	-7.78%
Timex Group India Ltd S	6,779	671.50	66.03	65.20%	+44.15% TTM	+83.08% TTM	+81.63%
Senco Gold Limited	5,100	311.15	8.93	33.80%	+41.91% TTM	+168.38% TTM	-6.79%
KDDL Ltd	4,758	3,868.80	31.67	10.40%	+32.48% TTM	+4.32% TTM	+52.02%
Goldiam International Ltd.	4,651	308.95	22.05	20.30%	+27.01% TTM	+63.93% TTM	+12.00%
D P ABHUSHAN LIMITED S	4,424	1,938.00	18.44	45.90%	+30.80% TTM	+93.38% TTM	+28.55%
Tribhovandas Bhimji Zaveri Limited	4,049	606.75	20.61	35.60%	+24.14% TTM	+110.34% TTM	+227.53%
SHRINGAR HOUSE OF MANGALSUTRA LIMITED S	2,809	291.25	23.21	23.30%	—	—	+26.52%
Vaibhav Global Ltd	2,690	160.30	9.64	15.30%	+9.61% TTM	+52.41% TTM	-41.53%
SHANTI GOLD INTERNATIONAL LIMITED	2,089	272.20	—	—	—	—	—
Deepa Jewellers Limited S	2,058	213.00	—	—	—	—	—
PNGS Reva Diamond Jewellery Limited S	2,008	633.40	21.13	18.60%	—	—	—
Khazanchi Jewellers Limited S	1,757	709.90	—	39.50%	—	—	+3.55%
Motisons Jewellers Limited S	1,702	14.96	25.36	18.00%	+10.73% TTM	+48.70% TTM	-8.78%
RENAISSANCE GLOBAL LIMITED	1,534	142.75	14.03	9.10%	+41.39% TTM	+68.44% TTM	+4.96%
Rajesh Exports Ltd. S	1,485	50.30	55.27	3.70%	+17.58% TTM	-3.03% TTM	-72.32%
Shankesh Jewellers Limited S	1,378	98.13	—	—	—	—	—
SPICE ISLANDS INDUSTRIES LIMITED S	422	135.45	62.71	40.60%	+1,147.23% TTM	+809.46% TTM	+636.14%

Filings & corporate actions

Recent announcements

Statement of deviation or variation in utilization of funds raised through Preferential Issue for the quarter ended September 30, 202629 Oct 2026 · Company Update / Reg. 32 (1), (3) - Statement of Deviation & Variation
Intimation regarding commencement of production of Packaged Drinking Water and Allied Products26 Oct 2026 · Company Update / General
Submission of Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 202615 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
The Trading Window for dealing in securities shall remain closed from close of business hours on September 30, 2026 and until 48 hours after the declaration of Company''s unaudited financial results27 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Intimation regarding Opening Ceremony of "The Ocean Prime" Hotel pursuant to Regulation 30 of SEBI (LODR) Regulations, 201527 Sep 2026 · Company Update / General
Intimation pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015 - Resignation of Secretarial Auditor19 Sep 2026 · Company Update / Cessation
Pursuat to Regulation 30 read with Schduled III of the SEBI Listing Regulations, we hereby inform that SEBI conducted Search and Seizure proceeding at the registered office and certain ....11 Sep 2026 · Company Update / General
Clarification and Explaination regarding delay in submission of un-audited Financial Results for the quarter ended June 30, 20265 Sep 2026 · Result / Financial Results
Disclosure under Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Publication of Financial Results in Newspaper20 Aug 2026 · Company Update / Newspaper Publication
Revised Outcome of the Adjourned Board Meeting held on August 19, 2026 under Regulation 30 and Regulation 33 read with Schedule III of the SEBI (LODR) 201519 Aug 2026 · Result / Financial Results
Revised Outcome of the Adjourned Board Meeting held on August 19, 2026 under Regulation 30 and Regulation 33 read with Schedule III of the Securities and Exchange Board of India (LODR) ....19 Aug 2026 · Company Update / General
Non Applicability of Regulation 23(9) of SEBI (LODR) Regulations, 2015 for the quarter ended June 30, 202619 Aug 2026 · Company Update / General
Outcome of the Adjourned Board Meeting held on August 19, 2026 under Regulation 30 and Regulation 33 read with Schedule III of the Securities and Exchange Board of India (Listing Obligation ....19 Aug 2026 · Result / Financial Results
Outcome of the Adjourned Board Meeting held on August 19, 2026 under Regulation 30 and Regulation 33 read with Schedule III of the Securities and Exchanges Board of India (Listing Obligations ....19 Aug 2026 · Board Meeting / Outcome of Board Meeting
Intimation under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirement), Regulation 2015 - Approval of Agreement cum Memorandum of Understanding with Sriven Enterprises14 Aug 2026 · Company Update / Memorandum of Understanding /Agreements
Spice Islands Industries Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 19/08/2026 ,inter alia, to consider and approve Intimation of the ....14 Aug 2026 · Company Update / Board Meeting Rescheduled
Voting Results of the 38th Annual General Meeting held on August 07, 2026 along with Scrutinizer''s Report7 Aug 2026 · AGM/EGM / AGM
Intimation of fixation of record date for sub-division/split of the Equity Shares of the Company7 Aug 2026 · Corp. Action / Record Date
Spice Islands Industries Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2026 ,inter alia, to consider and approve Intimation for the ....7 Aug 2026 · Board Meeting / Board Meeting
Proceedings of the 38th Annual General Meeting of the Company held on August 07, 20267 Aug 2026 · AGM/EGM / AGM
Statement of Deviation or Variation in utilization of funds raised through Preferential Issue for the quarter ended June 30, 202627 Jul 2026 · Company Update / Reg. 32 (1), (3) - Statement of Deviation & Variation
Intimation of Corrigendum to Newspaper Advertisement connection with the 38th Annual General Meeting of the Company21 Jul 2026 · Company Update / Newspaper Publication
Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Execution of Joint Venture and Commercialization Agreements with Globalone ....18 Jul 2026 · Company Update / Memorandum of Understanding /Agreements
Appointment of Prof. (DR.) Gurudayal Singh Toteja (DIN: 10233863) as an Additional Director in the category of Non- Executive Independent Director on the Board of the Company18 Jul 2026 · Company Update / Change in Directorate
Outcome of the Meeting of the Board of Directors held on July 18, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 201518 Jul 2026 · Board Meeting / Outcome of Board Meeting
Newspaper Notice to the Shareholders of the Company for dispatch of Annual Report for the financial year ended March 31, 202616 Jul 2026 · Company Update / Newspaper Publication
Intimation regarding dispatch of letter to non-email shareholders under Regulation 36(1) (b) of the Listing Regulation15 Jul 2026 · Company Update / General
Notice of the 38th Annual General Meeting ("AGM") of the Company to be held on Friday, August 07, 2026 at 11.30 A.M. (IST) through Video Conference/Other Audio Visual Means.15 Jul 2026 · AGM/EGM / AGM
Regulation 34(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations')15 Jul 2026 · Others / Reg. 34 (1) Annual Report
Spice Islands Industries Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 18/07/2026 ,inter alia, to consider and approve Intimation of Board ....15 Jul 2026 · Board Meeting / Board Meeting
Submission of Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended June 30, 202614 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Newspaper Advertisement for 38th Annual General Meeting of the Company to be held on August 07, 20267 Jul 2026 · Company Update / Newspaper Publication
Approved the consequential alteration of the capital clause of the MOA of the Company pursuant to the aforesaid sub-division/split of equity shares, subject to the approval of the shareholders3 Jul 2026 · Company Update / Amendments to Memorandum & Articles of Association
Board of Directors considered and fixed Friday August 07, 2026 at 11.30 A.M. as date of AGM3 Jul 2026 · AGM/EGM / AGM
Spice Islands Industries Limited has informed the exchange that record date for the purpose of determining the eligibility of members to exercise their their voting rights through remote ....3 Jul 2026 · Corp. Action / Record Date
Spice Islands Industries Limited has informed that the Board of Directors at its meeting held on July 03, 2026 has considered and approved sub division of 1 equity shares of Rs. 10. each ....3 Jul 2026 · Corp. Action / Sub-division / Stock Split
Outcome of the meetings of the Board of Directors held on July 03, 2026 under Regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing and Obligations ....3 Jul 2026 · Board Meeting / Outcome of Board Meeting
Spice Islands Industries Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/07/2026 ,inter alia, to consider and approve Intimation of Board ....30 Jun 2026 · Board Meeting / Board Meeting
Disclosure under Regulation 30 read with Schedule III of the SEBI (Listing Obligations & Disclosure Requirements) Regulation - Execution of Hotel Lease & Operating Agreements.27 Jun 2026 · Company Update / Memorandum of Understanding /Agreements
Trading Window Closure for the quarter ended June 30, 202626 Jun 2026 · Insider Trading / SAST / Closure of Trading Window

Corporate actions

Purpose	Ex date	Record date	Payment date
Stock Split From Rs.10/- to Rs.2/-	28 Aug 2026	28 Aug 2026	—
Final Dividend - Rs. - 0.6000	31 Jul 2026	31 Jul 2026	—
Interim Dividend - Rs. - 0.5000	27 Feb 2026	27 Feb 2026	—
Interim Dividend - Rs. - 0.5000	21 Nov 2025	21 Nov 2025	—

Board meetings

19 Aug 2026 Board Meeting - Financial Results
14 Aug 2026 Board Meeting - Financial Results