Sportking
90.65
-1.20(-1.31%)
Market Cap₹1,204.48 Cr
PE Ratio11.04
IndustryTextiles
Company Performance:
1D-1.31%
1M-8.46%
6M-14.49%
1Y-12.96%
5Y-12.08%
View Company Insightsright
More news about Sportking
04Aug 25
Sportking India Reports 10% PAT Growth, Announces ₹1,000 Crore Expansion
Sportking India Limited reported a 10% year-on-year increase in Profit After Tax to ₹35.00 crores for Q1. Revenue from operations was ₹586.00 crores, with improved gross and EBITDA margins. The company maintained over 95% capacity utilization, with exports contributing 58% of total revenue. The board approved a ₹1,000 crore expansion project, adding 1.50 lakh spindles in Odisha, increasing capacity by 40%. In-principle approval was received for merging Marvel Dyers and Processor Pvt Ltd and Sobhagia Sales Pvt Ltd, aiming at forward integration into fabrics and garments.
02Aug 25
Sportking India Revises Solar Investment Plan, Increases Stake to Rs. 14.10 Crores
Sportking India Limited has modified its solar power investment strategy, now opting for a 26% stake in Evincea Renewable Seven Private Limited instead of Evincea Renewable Two Private Limited. The investment amount has increased to Rs. 14.10 crores from Rs. 12.09 crores. This change aligns with legal and regulatory requirements under the Electricity Act. The investment, to be completed by March 2026, is part of Sportking's efforts to integrate renewable energy into its Punjab facilities. This move follows other strategic decisions including a Rs. 1,000 crore expansion project in Odisha and key leadership appointments.
02Aug 25
Sportking India Unveils Rs 1,000 Crore Expansion Plan and Announces Key Board Appointments
Sportking India Limited approved a Rs 1,000 crore Greenfield Expansion Project in Odisha, adding 1.50 lakh spindles to increase spinning capacity by 40%. The company made key board appointments, including Puneet Singhania as Independent Director and re-appointing Munish Avasthi as Managing Director. Q1 FY2026 financial results show a 10.44% increase in Profit After Tax despite a 7.61% decrease in revenue. The 36th Annual General Meeting is scheduled for August 30, 2025, with a record date of August 23 for dividend eligibility.
02Aug 25
Sportking India Reports 10.4% Profit Growth, Announces ₹1,000 Crore Expansion Plan
Sportking India Limited reported Q3 results with revenue at ₹585.80 crores, down 7.6% YoY, but profit after tax increased by 10.4% to ₹35.20 crores. PAT margin improved to 6.0% from 5.0%. EBITDA was ₹70.50 crores with a 12.0% margin. Export sales grew 18% YoY, contributing 58% of revenue. The company announced a ₹1,000 crore expansion project in Odisha to add 1.50 lakh spindles, increasing capacity by 40%. Production volume reached 20,907 MT with 95% capacity utilization. Management highlighted strong export growth and potential benefits from the India-UK Free Trade Agreement.
02May 25
Sportking India Reports Strong Q4 FY25 Results with 58% Profit Growth
Sportking India Limited announced robust financial results for Q4 and FY25. Q4 highlights include a 2.9% YoY increase in revenue to ₹628.80 crore, a 58% YoY surge in net profit to ₹36.10 crore, and a 10.8% YoY rise in EBITDA to ₹74.30 crore. The company's EBITDA margin improved by 84 basis points to 11.8%. Exports grew by 43% YoY, contributing 58% to overall revenue. For the full fiscal year FY25, annual revenue increased by 6.2% YoY to ₹2,524.20 crore, with net profit up 55.3% YoY to ₹109.30 crore. The Board recommended a final dividend of ₹1 per equity share. The company maintained strong operational performance with 96% capacity utilization in Q4 FY25.
01May 25
Sportking India Reports Strong Q4 and FY2025 Results, Declares Dividend
Sportking India Limited announced robust financial results for Q4 and FY2025. Q4 revenue increased by 2.88% to ₹6,288.07 crore, with net profit surging 57.97% to ₹361.17 crore. For FY2025, annual revenue grew 6.19% to ₹25,242.29 crore, while net profit rose 55.31% to ₹1,092.53 crore. EBITDA margins improved both quarterly and annually. The company declared a final dividend of ₹1 per equity share and a 5% dividend on preference shares. Total assets stood at ₹17,748.21 crore, with improved liquidity management evident in decreased current liabilities.
Sportking
90.65
-1.20
(-1.31%)
1 Year Returns:-12.96%
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