Sportking India Q1 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹2,732 Cr
- P/E
- 16.91
- ROE
- 12.13%
- PEG
- -2.14
- Price to sales
- 1.05
- Debt to equity
- 0.53
- 52W high / low
- ₹231 / ₹79.7
- Sales growth (5Y)
- 13.83%
- EBITDA margin
- 13.34%
- Net profit margin
- 4.78%
- Promoter holding
- 74.36%
- Sales (last year)
- ₹2,614 Cr
Sportking India Limited, a part of the Sportking Group, is a textile manufacturing company engaged in the production of Yarns (Cotton Yarn, Synthetic Yarn, Blended Yarn), fabrics and garments. [1][2]
Guidance scorecard · Q1 FY27 call
What Sportking India Ltd's management guided
and where it ranks in Textiles & Apparels
Textiles & Apparels
RevenueQ1 FY27 call
20–40%- 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).
2 more points from Sportking India Ltd's call on revenue
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MarginsQ1 FY27 call
Up 0–2%See what Sportking India Ltd said on margins — free account, 30 seconds.
CapexQ1 FY27 call
Planned- 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.
2 more points from Sportking India Ltd's call on capex
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FundraisingQ1 FY27 call
PlannedSee what Sportking India Ltd said on fundraising — free account, 30 seconds.
Order bookQ1 FY27 call
Flat- 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.
2 more points from Sportking India Ltd's call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Textiles & Apparels
on management's own guidance
- Strong growth2
- Strong growth1
- Sumeet IndustrieGood growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Textiles & Apparels companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 2%+ | ₹560 Cr | 90.6 | |
| 2 | 40%+ | Flat | ₹421 Cr | 27.7 | |
| 3 | Sumeet Industrie | 20–40% | Up 2%+ | ₹751 Cr | 30.3 |
| 4 | 20–40% | Up 2%+ | ₹305 Cr | 20.4 | |
| 5 | Sportking India LtdThis stock | 20–40% | Up 0–2% | ₹2,823 Cr | 17.5 |
| 6 | 20–40% | Up 0–2% | ₹1,225 Cr | 69.7 |
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Pro shows every company guiding 40%+ revenue growth →Full Textiles & Apparels rankingFinancials of Sportking India Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Sportking India Ltd
Quarterly Results
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 534 | 539 | 628 | 599 | 611 | 634 | 652 | 610 | 629 | 586 | 627 | 646 | 637 |
| Expenses + | 478 | 489 | 589 | 550 | 544 | 560 | 589 | 550 | 555 | 516 | 562 | 580 | 551 |
| Operating Profit | 56 | 50 | 40 | 49 | 67 | 74 | 63 | 59 | 74 | 69 | 65 | 66 | 85 |
| OPM % | 10% | 9% | 6% | 8% | 11% | 12% | 10% | 10% | 12% | 12% | 10% | 10% | 13% |
| Other Income + | 2 | 5 | 20 | 8 | 3 | 7 | 8 | 3 | 9 | 12 | 8 | 3 | -8 |
| Interest | 2 | 10 | 16 | 16 | 17 | 15 | 11 | 15 | 9 | 11 | 12 | 12 | 10 |
| Depreciation | 14 | 20 | 22 | 22 | 22 | 22 | 22 | 23 | 23 | 24 | 24 | 24 | 23 |
| Profit before tax | 42 | 24 | 21 | 19 | 32 | 44 | 38 | 25 | 50 | 46 | 38 | 33 | 44 |
| Tax % | 26% | 25% | 27% | 26% | 28% | 27% | 21% | 25% | 29% | 27% | 25% | 25% | 26% |
| Net Profit + | 31 | 18 | 16 | 14 | 23 | 32 | 30 | 18 | 35 | 34 | 28 | 25 | 33 |
| EPS in Rs | 2.32 | 1.43 | 1.22 | 1.09 | 1.80 | 2.50 | 2.35 | 1.46 | 2.78 | 2.68 | 2.22 | 1.94 | 2.58 |
Financials of Sportking India Ltd
Profit & Loss
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,127 | 1,035 | 1,010 | 1,053 | 1,160 | 1,354 | 1,305 | 2,153 | 2,204 | 2,376 | 2,524 | 2,496 |
| Expenses + | 993 | 909 | 892 | 952 | 1,031 | 1,218 | 1,094 | 1,554 | 1,922 | 2,168 | 2,256 | 2,210 |
| Operating Profit | 134 | 126 | 118 | 101 | 129 | 136 | 211 | 599 | 282 | 209 | 267 | 286 |
| OPM % | 12% | 12% | 12% | 10% | 11% | 10% | 16% | 28% | 13% | 9% | 11% | 11% |
| Other Income + | 17 | 4 | 14 | 13 | 2 | 3 | -3 | 24 | -18 | 36 | 26 | 15 |
| Interest | 79 | 51 | 40 | 29 | 39 | 58 | 38 | 32 | 26 | 63 | 54 | 45 |
| Depreciation | 70 | 59 | 58 | 56 | 54 | 63 | 52 | 44 | 48 | 86 | 90 | 94 |
| Profit before tax | 3 | 20 | 35 | 29 | 38 | 18 | 118 | 547 | 190 | 96 | 150 | 161 |
| Tax % | -204% | 44% | 37% | 34% | 36% | 32% | 28% | 25% | 30% | 27% | 27% | 26% |
| Net Profit + | 8 | 11 | 22 | 19 | 24 | 12 | 85 | 409 | 132 | 70 | 109 | 120 |
| EPS in Rs | 0.56 | 0.80 | 1.53 | 1.35 | 1.69 | 0.87 | 6.37 | 30.79 | 9.93 | 5.54 | 8.60 | 9.42 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 9% | 12% | 11% |
Financials of Sportking India Ltd
Balance Sheet
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 13 | 13 | 13 | 13 | 13 |
| Reserves | 142 | 153 | 179 | 198 | 237 | 249 | 353 | 754 | 809 | 812 | 916 | 1,103 |
| Borrowings + | 537 | 571 | 592 | 479 | 505 | 573 | 504 | 538 | 552 | 953 | 663 | 463 |
| Other Liabilities + | 95 | 84 | 95 | 143 | 360 | 141 | 171 | 249 | 201 | 185 | 183 | 166 |
| Total Liabilities | 778 | 811 | 869 | 823 | 1,105 | 966 | 1,032 | 1,554 | 1,575 | 1,963 | 1,775 | 1,744 |
| Fixed Assets + | 442 | 399 | 340 | 293 | 471 | 466 | 417 | 382 | 757 | 786 | 759 | 729 |
| CWIP | 10 | 2 | 7 | 24 | 33 | 0 | 0 | 73 | 7 | 0 | 5 | 15 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14 |
| Other Assets + | 326 | 410 | 521 | 507 | 601 | 499 | 615 | 1,099 | 811 | 1,177 | 1,011 | 986 |
| Total Assets | 778 | 811 | 869 | 823 | 1,105 | 966 | 1,032 | 1,554 | 1,575 | 1,963 | 1,775 | 1,744 |
Financials of Sportking India Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 243 | 23 | 111 | 139 | 97 | 148 | 103 | 96 | 520 | -236 | 415 | |
| Cash from Investing Activity + | -25 | -10 | -5 | -37 | -106 | -142 | -3 | -103 | -392 | -46 | -67 | |
| Cash from Financing Activity + | -219 | -13 | -108 | -101 | 8 | -5 | -101 | 7 | -117 | 271 | -349 | |
| Net Cash Flow | -2 | 0 | -2 | 0 | -0 | 1 | -1 | -0 | 11 | -10 | -1 | |
| Free Cash Flow | 217 | 15 | 104 | 101 | -10 | 4 | 99 | 17 | 156 | -340 | 347 | |
| CFO/OP | 187% | 18% | 98% | 145% | 95% | 112% | 56% | 39% | 208% | -102% | 169% |
Financials of Sportking India Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 21 | 17 | 55 | 46 | 61 | 48 | 59 | 70 | 39 | 55 | 66 | 58 |
| Inventory Days | 78 | 146 | 173 | 148 | 150 | 85 | 129 | 163 | 88 | 138 | 90 | 84 |
| Days Payable | 14 | 10 | 12 | 42 | 83 | 31 | 40 | 39 | 24 | 19 | 15 | 13 |
| Cash Conversion Cycle | 85 | 153 | 216 | 151 | 128 | 102 | 148 | 194 | 102 | 174 | 141 | 129 |
| Working Capital Days | 9 | 13 | 17 | 13 | -35 | 13 | 39 | 70 | 69 | 81 | 88 | 96 |
| ROCE % | 11% | 10% | 10% | 8% | 11% | 10% | 21% | 53% | 18% | 10% | 12% | 13% |
Guidance history
How Sportking India Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q1 FY27 call → | 20–40% | Up 0–2% | Planned | Planned | Flat |
| Q4 FY26 call → | 10–20% | Up 2%+ | Planned | — | Rising |
| Q3 FY26 call → | 10–20% | Up 2%+ | Planned | Planned | — |
| Q2 FY26 call → | 0–10% | Flat | Planned | Planned | Flat |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
89 out of 100 — Strengthening
Over the past year its share price has done better than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | +116.2% | 95% |
| Last 6 months | +45.7% | 88% |
| Last 3 months | +9.4% | 78% |
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Sportking India Ltd: 0.4 × 95 + 0.4 × 88 + 0.2 × 78 = 89.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 29 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What Sportking India Ltd's management said in earlier quarters
Others in Textiles & Apparels this season
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- K P R Mill Ltd (Q2 FY27)
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