Sportking India
Sportking India Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book
Q1 FY27 earnings call: what management guided on revenue, margins and order book.
What the Q1 FY27 call signalled
4 of 5 strong
The short version
FY27 Revenue is targeted around INR 3,000 crores, a 20% growth over the previous year (INR 2,500 crores). Sportking India Limited expects healthy revenue growth with top line projected to rise from around INR 2,500 crores last year to INR 3,000 crores in FY27 (20% growth), and further to more than INR 4,000 crores in FY28 post new plant commissioning.
From Sportking India's Q1 FY27 earnings-call transcript · updated 25 Aug 2026.
Revenue & Sales Performance
- FY27 Revenue is targeted around INR 3,000 crores, a 20% growth over the previous year (INR 2,500 crores).
- With the new greenfield plant fully operational in FY28, revenue is expected to exceed INR 4,000 crores.
- The Odisha plant commissioning is expected to start contributing revenue from Q4 of FY27, with full utilization by FY28.
- Utilization at the new plant is targeted to reach 90-96% by early next financial year.
- Value-added products like fabrics and garments are expected to contribute about 8-10% to top-line starting next year and around 10% over the medium term (1-5 years).
- Export demand remains steady, with expected growth from diversified markets including China and Bangladesh.
- The company foresees continued growth driven by structural industry shifts, FTAs, and increased global sourcing from India.
Profitability & Margins
See what Sportking India said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Announced a greenfield expansion project in Odisha with an investment of about INR 975-1000 crores, expected to be completed by the end of the current financial year.
- Land acquired in Odisha to potentially triple capacity in the future, with further investments dependent on balance sheet comfort.
- Proposed acquisitions of Marvel Dyers and Sobhagia Sales to enter downstream fabric and garment businesses, with contributions expected within 6-8 months.
- Focus on operational excellence, modernization, and energy investments to improve efficiency and margins.
- Solar power project recently commissioned, expected to reduce annual power costs by 12-15% and save around INR 15 crores annually.
- Future capex decisions will depend on financial leverage and market conditions, aiming for sustainable growth.
Top-ranked in Textiles & Apparels
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Sportking India said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- Sportking India Limited maintains an order book visibility of approximately 70 to 90 days consistently each year as part of their risk management strategy.
- As of the end of the last quarter and continuing into the current quarter, the company reports a similar level of order book without significant changes.
- The company generally procures cotton for a full season by February-March, providing raw material coverage for 4-5 months from the current period.
- There's an expectation of new crop arrival by October, which may moderate cotton prices.
- No indications of buyers pausing orders despite yarn spreads at multiyear highs; the environment remains stable.
- The robust order book supports revenue guidance of around INR 3,000 crores for the current year, up 20% from last year.
Sportking India — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹637 Cr, net profit ₹33 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Sportking India Ltd's management said in earlier quarters
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Frequently Asked Questions
What were Sportking India Q1 FY27 results?
FY27 Revenue is targeted around INR 3,000 crores, a 20% growth over the previous year (INR 2,500 crores). Sportking India Limited expects healthy revenue growth with top line projected to rise from around INR 2,500 crores last year to INR 3,000 crores in FY27 (20% growth), and further to more than INR 4,000 crores in FY28 post new plant commissioning.
What is Sportking India share price analysis?
Sportking India currently shows a moderate growth signal based on ranking data. The stock trades at a P/E of 16.8 with a market cap of ₹2,708 Cr. Investors should review the full earnings analysis for detailed insights.
Is Sportking India planning capital expenditure?
Announced a greenfield expansion project in Odisha with an investment of about INR 975-1000 crores, expected to be completed by the end of the current financial year.
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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.