NSE: SPORTKING · BSE: 539221 · ISIN INE885H01029
Sportking India Limited stock analysis
Sportking India Limited ranks #2146 in the TickerSutra evidence-ranked universe with a score of 48/100 and 95% data confidence. The latest captured fundamentals show ROCE of 13.2%, quarterly sales growth of 20.1% and quarterly profit growth of 122.8%.Avoid / exit review
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- Strong CFO/EBITDA of 1.01×
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- Debt/equity is above 0.5×
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹2,153cr | ₹599cr | ₹409cr | 28.0% |
| 2023 | ₹2,204cr | ₹282cr | ₹132cr | 13.0% |
| 2024 | ₹2,376cr | ₹209cr | ₹70cr | 9.0% |
| 2025 | ₹2,524cr | ₹271cr | ₹113cr | 11.0% |
| 2026 | ₹2,495cr | ₹290cr | ₹120cr | 12.0% |
| TTM | ₹2,614cr | ₹349cr | ₹162cr | 13.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
Sportking India Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
RoutineChange in Directors/KMP/SMP/Auditor/RTANSE · 12 Sept 2026 · Structured filingSPORTKING INDIA LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA
SPORTKING INDIA LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA
Open original XBRL sourceSportking India Limited has informed the Exchange regarding voting results of Annual General Meeting held on September 12, 2026
RoutineSportking India Ltd - 539221 - Shareholder Meeting / Postal Ballot-Scrutinizer''s ReportBSE · 12 Sept 2026Scrutinizer Report of Sportking India Limited
RoutineSportking India Ltd - 539221 - Shareholder Meeting / Postal Ballot-Outcome of AGMBSE · 12 Sept 2026Outcome of Annual General Meeting
MANAGEMENT COMMENTARY
Signals from filed documents
PAT Margin improved to 4.8%, reflecting the Company’s continued focus on profitability enhancement and operational discipline. Despite a challenging operating environment, revenue remained stable while profitability improved significantly, driven by stronger operational efficiency and margin expansion,. The Company’s ability to leverage inventory procured at comparatively lower costs helped enhance spreads, resulting
These initiatives collectively enhance cost efficiency, promote modernization, and strengthen the competitiveness of the textile value chain. Export Growth Opportunities and FTAs The industry is well positioned to benefit from global supply chain diversification under the “China+1” strategy, as international brands increasingly diversify sourcing bases. India’s growing network of Free Trade Agreements (FTAs) with key
The manufacturing sector continued to benefit from government initiatives promoting industrial growth, while the services sector recorded strong expansion, supported by growth in trade, hospitality, transportation, financial services, and digital businesses. On the demand side, Private Final Consumption Expenditure (PFCE) strengthened significantly, reflecting improved urban and rural consumption, while Gross Fixed C
Additionally, geopolitical tensions, trade restrictions, and tariff-related developments disrupt global supply chains and influence sourcing decisions of international buyers. Increasing competition from other producing countries further intensifies pricing pressure and creates market risk for exporters. Financial, Foreign Exchange and Input Cost Risks The textile yarn industry faces multiple financial risks, includi
The Company has also focused on cost optimisation by improving procurement efficiencies, sourcing raw materials at competitive rates, reducing energy and water consumption, and implementing measures for better utilisation of resources and utilities. Continuous emphasis has been placed on improving product quality, developing value-added products, adopting innovative processes and obtaining relevant certifications to
Strong sustainability practices can further improve stakeholder confidence and support access to responsible markets. Negative Financial Implications: The procurement of certified sustainable cotton may involve higher raw material costs due to limited availability, certification requirements, and supply chain investments. Fluctuations in cotton prices, changes in global market conditions, rainfall variability, and fo
So has the competitive intensity from Bangladesh, Vietnam and China changed in your key export markets over the last 6 months? And are you seeing any market share gain because of supply chain diversification? Munish Avasthi: So see, China has been the tipping point for what has happened in the last 8, 9 months.
But otherwise, there's not been much different in what we do, what we did last year other than we are doing it more efficiently. So most of the delta is just because of higher price realizations rather than any change in product mix? Munish Avasthi: No, it's a little bit of product mix and a little bit of better conditions because last 2, 3 years were pretty dismal from the demand point of view.
Sustainability remained a defining theme for the industry, with increasing investments in recycled fibres, circular manufacturing, renewable energy, digitalization, automation, and AI-enabled production systems. Global brands continued to strengthen ESG compliance and supply chain traceability in response to evolving regulatory requirements and consumer preferences. The Indian textile industry remained resilient duri
The revised policy strengthens the Company’s framework for planning, implementing, and monitoring CSR initiatives, ensuring greater transparency, governance, and effectiveness in delivering social impact. The CSR Policy of the Company approved by the Board, may be accessed on the Company’s website https://sportking.co.in/wp-content/uploads/2025/08/CSR-POLICY.pdf 13. RISK MANAGEMENT POLICY The Company has adopted a co
General Information Sr No Particular Information 1. Date or expected date of commencement of commercial Production NA 3. In case of new companies, expected date of commencement of activities as per project approved by financial institutions appearing in the prospectus NA 4.
Analysts/Institutional Investors Presentations During the year under review, earnings call or meeting/interaction with analysts/ institutional investors occurred. All official news/ press releases and presentations made to analysts/ institutional investors, as submitted by the Company to the stock exchanges i.e. NSE and BSE, are readily accessible on the Company’s website at https://shrirampistons.com/ under ‘Investo
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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