SBC Exports schedules 15th AGM on Sept 30; appoints cost auditor

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Reviewed by
Anirudha BScanX News Team
Key Highlights
  • SBC Exports schedules its 15th AGM for September 30, 2026
  • Remote e-voting opens on September 27 and closes on September 29
  • M/s Durga Prasad & Associate appointed as cost auditor for FY27
  • Cost auditor remuneration set at ₹60,000 plus taxes
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SBC Exports scheduled its 15th Annual General Meeting for September 30, 2026. The Board of Directors also appointed a new cost auditor for the upcoming financial year during its meeting on August 27, 2026.

The AGM will be held at the company’s registered office in Vindhyachal, Uttar Pradesh, starting at 10:00 am. Shareholders can participate in remote e-voting from September 27 to September 29, 2026. The cut-off date for e-voting eligibility is September 23, 2026.

Key Dates and Details

Particulars Details
Day & Date Wednesday, September 30, 2026
Time 10:00 am
Venue Registered Office, Vindhyachal, UP
E-voting Cut-off Tuesday, September 23, 2026
Remote E-voting Period Sept 27, 9:00 am to Sept 29, 5:00 pm
Book Closure Sept 24 to Sept 29, 2026

Cost Auditor Appointment

The Board approved the appointment of M/s Durga Prasad & Associate, Cost Accountants, Delhi (FRN: 005998) as the cost auditors for the financial year ending March 31, 2027. The firm will receive a remuneration of ₹60,000 plus applicable taxes and out-of-pocket expenses.

This disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The detailed notice for the AGM will be sent to members in accordance with the Companies Act, 2013.

Historical Stock Returns for SBC Exports

1 Day5 Days1 Month6 Months1 Year5 Years
-0.26%+5.58%+0.07%+30.40%+119.99%0.0%

What strategic resolutions or dividend proposals are expected to be tabled at the upcoming AGM?

How might the appointment of M/s Durga Prasad & Associate as cost auditors impact SBC Exports' operational cost efficiency for FY2027?

Are there any pending regulatory compliance issues or governance changes that shareholders should be aware of before the e-voting period?

SBC Exports Q1FY27 net profit rises 271% YoY; eyes Dubai, Middle East growth

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Reviewed by
Naman SScanX News Team
Key Highlights

SBC Exports reported a standalone net profit of ₹9.42 crore in Q1FY27, up 270.87% YoY, with standalone revenue rising 72.80% to ₹106.03 crore and EBITDA jumping 221.44% to ₹16.49 crore. On a consolidated basis, revenue grew 67.11% to ₹121.08 crore and PAT rose 269.23% to ₹9.60 crore. The company sees Dubai and the Middle East as major opportunities, with international business expected to be a primary growth and profit source in FY27, and is targeting overall business growth of 40%-50% for the full year.

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SBC Exports delivered a significant improvement in profitability and top-line growth for Q1FY27, while also identifying Dubai and the Middle East as major opportunities, with international business expected to be a primary growth and profit source for the full year. The company reported a standalone net profit after tax (PAT) of ₹9.42 crore for the quarter ended June 30, 2026, marking a 270.87% increase compared to ₹2.54 crore in the corresponding period of FY26. This surge was supported by robust revenue growth and operational efficiency across its garments export, IT support services, and travel verticals.

Standalone revenue from operations (excluding other income) rose 72.80% year-on-year to ₹106.03 crore, up from ₹61.36 crore in Q1FY26. The company's earnings before interest, depreciation, and taxes (EBITDA), excluding other income, jumped 221.44% to ₹16.49 crore, reflecting strong operating leverage.

Financial performance

The financial results highlight a sharp expansion in margins alongside volume growth. Key standalone metrics for the quarter are detailed below:

Metric: Q1FY27 Q1FY26 Change
Revenue (excl. other income): ₹106.03 crore ₹61.36 crore +72.80%
EBITDA (excl. other income): ₹16.49 crore ₹5.13 crore +221.44%
EBITDA margin: 15.45% 8.92% +653 bps
Net profit after tax: ₹9.42 crore ₹2.54 crore +270.87%
PAT margin: 8.89% 4.15% +474 bps

On a consolidated basis, revenue grew 67.11% to ₹121.08 crore, while consolidated PAT increased 269.23% to ₹9.60 crore. Consolidated EBITDA rose 192.21% to approximately ₹16.89 crore, with the margin improving from 8.02% to 13.64%.

What the numbers show

The disproportionate growth in profit relative to revenue indicates significant operating leverage. While standalone revenue grew 72.80%, EBITDA expanded 221.44%, resulting in an EBITDA margin expansion of over 650 basis points. This suggests that fixed costs were effectively spread over a larger revenue base or that input costs remained stable despite higher volumes. Additionally, the pre-tax profit (PBT) including other income matched the EBITDA figure at ₹16.50 crore, implying minimal interest and depreciation expenses relative to operating earnings.

Management outlook and Dubai opportunity

Govind Ji Gupta, Managing Director, attributed the performance to strengthening demand, an expanded customer base, and improved operational efficiency. He noted that evolving global trade conditions and diversification in global sourcing are creating new opportunities for the textile industry. The company sees big opportunities in Dubai and the Middle East, believing international business will be a major growth and profit source in FY27.

SBC Exports is targeting overall business growth of approximately 40%-50% for FY27, subject to market conditions. Gupta highlighted the restoration of shipping connectivity through the West Asia region, particularly the Dubai route, as a key growth catalyst. Previously restricted by geopolitical disruptions affecting the Strait of Hormuz, the reopening of this trade channel allows SBC Exports to recover deferred business and pursue new export orders in the Middle East.

Business verticals update

  • International business: Exports of readymade garments remain the core revenue driver. The company expects the restored Dubai route to unlock pent-up demand and support higher volumes in coming quarters.
  • Domestic growth: Through its flagship brand F-Route Clothing, the company is expanding its product portfolio with new cord sets and formal shirts for men, leveraging its e-commerce platform to enhance direct-to-consumer engagement.
  • Travel segment: The wholly owned subsidiary, Mauji Trip Limited, continues to contribute to consolidated results through its tour and travel services, complementing the diversified portfolio.

Historical Stock Returns for SBC Exports

1 Day5 Days1 Month6 Months1 Year5 Years
-0.26%+5.58%+0.07%+30.40%+119.99%0.0%

What specific operational strategies is SBC Exports implementing to sustain the 650 bps EBITDA margin expansion amidst potential global supply chain volatility?

How might the restoration of the Dubai shipping route impact SBC Exports' competitive positioning against other Indian garment exporters targeting the Middle East?

Given the 40-50% growth target for FY27, what are the primary risks associated with relying on international business as the primary profit driver in a geopolitically sensitive region?

More News on SBC Exports

1 Year Returns:+119.99%