SPICE ISLANDS INDUSTRIES LIMITED

About

Spice Islands Industries Limited engages in the business of trading branded packaged beverages, providing hospitality services, and renting electric vehicles (EVs). It provides carbonated and pulp-based drinks, including drinking water. The company also offers services for loading and boarding, such as room rentals and restaurant services, including banquet services. In addition, it engages in the edible oil business. The company was formerly known as Spice Islands Apparels Limited and changed its name to Spice Islands Industries Limited in April 2024. Spice Islands Industries Limited was incorporated in 1988 and is based in Mumbai, India.

Key Metrics

as of Sep 2026

Market Cap301 Cr

P/E172.00

Div Yield0.33 %

Book Value₹6.48

52w High₹110.00

52w Low₹14.20

Face Value₹2.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Dec 2010	Sep 2010	Jun 2010	Mar 2010	Dec 2009	Sep 2009	Jun 2009	Mar 2009	Dec 2008	Sep 2008	Jun 2008	Mar 2008	Dec 2007
Sales	4.61	5.31	2.55	5.35	7.09	4.53	3.42	4.90	2.98	3.51	3.02	4.71	1.97
Expenses	4.30	4.92	2.08	5.72	5.65	3.81	2.67	5.19	2.48	2.82	2.29	3.77	1.81
Operating Profit	0.31	0.39	0.47	-0.37	1.44	0.72	0.75	-0.29	0.50	0.69	0.73	0.94	0.16
OPM %	6.72	7.34	18.43	-6.92	20.31	15.89	21.93	-5.92	16.78	19.66	24.17	19.96	8.12
Other Income	0.23	0.20	0.25	0.91	0.24	0.28	0.37	0.36	0.17	0.11	0.08	-0.48	0.06
Depreciation	0.08	0.07	0.08	0.06	0.08	0.06	0.08	0.06	0.10	0.08	0.08	0.09	0.08
Interest	0.05	0.04	0.02	-0.04	0.09	0.03	0.04	0.02	0.02	0.01	0.00	0.00	0.00
Profit before tax	0.41	0.48	0.62	0.52	1.51	0.91	1.00	-0.01	0.55	0.71	0.73	0.37	0.14
Tax %	34.15	12.50	27.42	-17.31	27.81	-9.89	37.00	-1,900.00	-5.45	15.49	4.11	-67.57	0.00
Net Profit	0.27	0.42	0.45	0.61	1.09	1.00	0.63	0.13	0.58	0.59	0.70	0.60	0.13
EPS in Rs	0.13	0.20	0.21	0.28	0.51	0.47	0.29	0.06	0.27	0.27	0.33	0.28	0.06

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2010	Mar 2009	Mar 2008	Mar 2007	Mar 2006
Sales	18.81	13.23	12.27	12.01	20.49
Expenses	17.90	12.09	11.60	14.54	23.24
Operating Profit	0.91	1.14	0.67	-2.53	-2.75
OPM %	4.84	8.62	5.46	-21.07	-13.42
Other Income	3.62	1.25	0.71	1.33	1.86
Interest	0.32	0.10	0.06	0.10	0.15
Depreciation	0.28	0.32	0.34	0.34	0.32
Profit before tax	3.93	1.97	0.98	-1.64	-1.36
Tax %	15.27	-1.52	-20.41	-14.63	13.97
Net Profit	3.33	2.00	1.18	-1.40	-1.55
EPS in Rs	1.55	0.93	0.55	-0.65	-0.72
Dividend Payout %	19.23	21.35	0.00	0.00	0.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2010	Mar 2009	Mar 2008	Mar 2007	Mar 2006
Equity Capital	4.27	4.27	4.27	4.27	4.27
Reserves	9.67	7.10	5.60	4.42	5.82
Borrowings	1.20	1.91	0.10	1.00	2.08
Other Liabilities	2.43	1.99	1.71	1.68	2.14
Total Liabilities	17.57	15.27	11.68	11.37	14.31
Fixed Assets	3.32	3.35	3.49	4.46	4.53
CWIP	0.00	0.00	0.00	0.00	0.00
Investments	1.86	0.60	0.06	0.03	0.03
Other Assets	12.39	11.32	8.13	6.88	9.75
Total Assets	17.57	15.27	11.68	11.37	14.31

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2010	Mar 2009	Mar 2008	Mar 2007	Mar 2006
Cash from Operating Activity	4.04	2.12	2.91	1.11	-0.45
Cash from Investing Activity	-1.32	-1.37	-0.09	-0.18	-0.11
Cash from Financing Activity	-0.82	1.77	-0.93	-1.14	0.59
Net Cash Flow	1.90	2.52	1.89	-0.21	0.03
Free Cash Flow	3.47	1.25	2.85	0.79	-0.59
CFO/OP %	430.00	192.00	446.00	-31.00	16.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2010	Mar 2009	Mar 2008	Mar 2007	Mar 2006
Debtor Days	30.47	99.32	49.08	35.25	49.34
Inventory Days	39.63	33.08	55.38	33.53	67.35
Days Payable	20.16	38.78	71.74	17.53	39.62
Cash Conversion Cycle	49.93	93.62	32.72	51.26	77.08
Working Capital Days	68.50	134.63	139.52	170.50	138.59
ROCE %	28.22	29.16	17.60	-14.91	—

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	43.11	43.11	62.50	62.50	62.50	62.50	62.50	62.50	62.50	62.50	0.00	0.00
Public	56.88	56.90	37.50	37.49	37.48	37.50	37.50	37.50	37.51	37.49	99.99	99.99
No. of Shareholders	3,122	2,820	2,412	2,430	2,077	2,104	2,071	2,097	2,119	2,158	2,208	2,195

Corporate Actions

12 records

Action	Ex Date	Record Date	Ratio	Amount (₹)	Notes
Dividend	31 Jul 2026	31 Jul 2026	—	0.60
Dividend	27 Feb 2026	27 Feb 2026	—	0.50
Dividend	21 Nov 2025	21 Nov 2025	—	0.50
Dividend	15 Sep 2016	—	—	0.75
Dividend	21 Sep 2015	—	—	1.50
Dividend	11 Sep 2014	—	—	1.00
Dividend	14 Aug 2013	—	—	0.50
Dividend	14 Sep 2012	—	—	0.75
Dividend	05 Aug 2011	—	—	1.00
Dividend	08 Jul 2010	—	—	1.50
Dividend	13 Aug 2009	—	—	1.00
Other	17 Jul 2008	—	—	—	General