Sportking India Ltd

Sportking India Ltd has announced ratings reaffirmations and an outlook revision from Crisil Ratings Limited, with its Long Term Rating reaffirmed at Crisil A+/Positive, while the Short Term Rating remains CRISIL A1. Crisil also revised the outlook on the Long-term bank facilities from Stable to ‘Positive’, reflecting a strengthening of the business risk profile, and reaffirmed the Short-term bank facility at Crisil A1. Additionally, various instruments including Long-term bank facilities, Short-term bank facility, NCDs maturing in 2027-2029, Cash Credit, Foreign Exchange Forward, Letter of Credit, Proposed Long Term Bank Loan Facility, and Term Loans, all carry ratings of Crisil A+ or A1, with some exhibiting a Positive outlook or assignment, while RBI, SEBI, and MCA also provide ratings for various instruments including Securitisation Notes, Listed/Proposed to be listed bonds, and Inter Corporate Deposits.

Sportking India Limited informed the Bombay Stock Exchange and National Stock Exchange of India that its Board of Directors recommended a final dividend of Rs 1 per equity share for the financial year 2025-26, with a record date of September 5, 2026, and a book closure from September 6, 2026, to September 12, 2026, pending shareholder approval at the 37th Annual General Meeting.

Sportking India Limited informed the Bombay Stock Exchange and National Stock Exchange of India that its Board of Directors recommended a final dividend of Rs 1 per equity share for the financial year 2025-26, with a record date of September 5, 2026, and a book closure from September 6, 2026, to September 12, 2026, pending shareholder approval at the 37th Annual General Meeting.

Sportking India Limited announced its financial results for the quarter ended June 30, 2026, reporting revenue from operations of Rs 703.7 crore, a 20.1% year-over-year increase, while profit after tax surged 122.8% to Rs 76 crore. The company's EBITDA grew 90.3% to Rs 132.2 crore, and its profit before tax increased 119.9% to Rs 102.2 crore, supported by improved realizations, healthy spreads, and a focus on operational excellence; construction activities are underway for a greenfield expansion project in Odisha, expected to commence production in the third quarter of the current fiscal year, and a solar power project has been commissioned to improve operational efficiency.

Sportking India will hold a meeting of the Board of Directors of the Company on 1 August 2026.

Sportking India announced that the Board of Directors of the Company at its meeting held on 16 May 2026, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 100%) , subject to the approval of the shareholders.

Revenue rose by 1.3% year-on-year (YoY) in the March 2026 quarter to Rs 636.78 crore. Total operating expenses for the period under review were Rs 551.34 crore, down 0.7% YoY. The company has recorded interest outgo of Rs 10.11 crore in Q4 FY26, up 9.2% YoY. Accordingly, profit before tax in Q4 FY26 stood at Rs 43.98 crore in Q4 FY26, down by 12.2% from Rs 50.09 crore in Q4 FY25. Tax outgo for the March 2026 quarter was Rs 15.16 crore, down 5.2% YoY. For FY26, the company has recorded net profit and revenue from operations of Rs 119.72 crore (up 5.8% YoY) and Rs 2,495.86 crore (down 1.1% YoY), respectively. Sportking India is a part of the Sportking group. The company manufactures cotton, synthetic and blended yarn in counts ranging from 20s to 46s. It has units in Ludhiana and Bathinda, both in Punjab. It manufactures value-added yarns, such as compact, sustainable and contamination-free cotton yarn, which provide higher realisations than normal cotton yarn.Powered by Capital Market - Live

Net profit of Sportking India declined 7.30% to Rs 32.76 crore in the quarter ended March 2026 as against Rs 35.34 crore during the previous quarter ended March 2025. Sales rose 1.27% to Rs 636.78 crore in the quarter ended March 2026 as against Rs 628.81 crore during the previous quarter ended March 2025. For the full year,net profit rose 5.81% to Rs 119.72 crore in the year ended March 2026 as against Rs 113.15 crore during the previous year ended March 2025. Sales declined 1.12% to Rs 2495.86 crore in the year ended March 2026 as against Rs 2524.23 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales636.78628.81 1 2495.862524.23 -1 OPM %13.4211.70 -11.4610.57 - PBDT67.3873.29 -8 255.45243.34 5 PBT43.9850.10 -12 160.95153.70 5 NP32.7635.34 -7 119.72113.15 6 Powered by Capital Market - Live

Sportking India will hold a meeting of the Board of Directors of the Company on 16 May 2026.

Net profit of Sportking India rose 32.97% to Rs 24.60 crore in the quarter ended December 2025 as against Rs 18.50 crore during the previous quarter ended December 2024. Sales rose 5.93% to Rs 645.89 crore in the quarter ended December 2025 as against Rs 609.73 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales645.89609.73 6 OPM %10.169.72 - PBDT56.5947.22 20 PBT32.8624.65 33 NP24.6018.50 33 Powered by Capital Market - Live