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Earnings Call

Sportking India Earnings Call: Key Takeaways

Sportking India's Q4 FY26 earnings reflect a sector-wide resurgence driven by robust Chinese demand and improved yarn spreads, though management remains cautious about global macro uncertainty.

Highlights
Revenue growthStable revenue with profitability improvement driven by better yarn realization.
MarginsEBITDA margins improved to 13%; expected to expand further with spreads.
Order book90-day sales visibility with nearly half of Q1 already sold.
Demand visibilityStrong visibility for 3-6 months; China and Bangladesh driving demand.
Management confidenceBalanced, highlighting operational efficiency while acknowledging global macro-economic headwinds.

Growth

Growth is volume-led with 95% capacity utilization; yarn spreads expanded significantly to over $1/kg from $0.70 levels.

Outlook

Projected ₹2,800cr revenue for FY26; ₹1,000cr greenfield expansion to add 150k spindles by Q3 FY26.

Risks

Excessive reliance on volatile Chinese demand and the 10% import duty on cotton remain persistent headwinds.

Source

Earnings Call filed with BSE, NSE: SPORTKING. Summary written with AI assistance from the document.

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Sportking India Ltd: key numbers

Share price
₹213.62
Market cap
₹2,715 Cr
Revenue (annual)
₹2,496 Cr
Net profit (annual)
₹119.7 Cr
P/E (TTM)
16.8×Sector 55.7×
Promoter holding
74.36%+0.00% QoQ
FII holding
0.36%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Sportking India Q1 FY27 Results: Net Profit ₹76 Cr, Up 122.9% YoY

Sportking India Ltd reported revenue from operations of ₹703.7 Cr (+20.1% YoY) and net profit of ₹76 Cr (+122.9% YoY) for Q1 FY27.

Key figure
Net profit ₹76 Cr · +122.9% YoY