S.P. Apparels Limited (SPAL) is a prominent Indian manufacturer and exporter of knitted garments, primarily for infants and children. It operates a comprehensive manufacturing setup from greige fabric to finished products, ensuring an efficient supply chain. Additionally, SPAL retails menswear in India under the 'Crocodile' brand, facilitated through its division for retail manufacturing and marketing. The company comprises two main divisions: the garments division for export-oriented production and the retail division, recently spun off into a separate entity, focusing on domestic menswear and premium children's brands like Angel & Rocket and HEAD.
SPAL's market expansion includes subsidiaries like Crocodile Products Private Limited (CPPL), a joint venture with Crocodile International, and S. P. Apparels (UK) Private Limited, targeting European markets. Notable growth has been observed in retail, with a significant increase in store numbers and product mix. Enhancements in manufacturing capacity, including new sewing machines and balanced dyeing facilities, have bolstered SPAL's production efficiency and margins, reflecting a strategic focus on scaling operations and broadening market reach.
