SBC Exports Limited
NSE: SBCGarments & Apparels
Share price
₹63.21
+2.33% close of 8 Oct 2026
Business score
How strong the business is, in one number. The parts behind it are in Pro.
49
out of 100 · worked out 8 Oct 2026
Your ratios
The numbers you want to see first. Tap Edit to change them.
Market cap
₹3,034 Cr
P/E ratio
79.8
P/B ratio
37.6
ROCE
18.4%
ROE
36.5%
Dividend yield
0.0%
Price & valuation chart
How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.
Answers
Simple answers to the questions investors ask most, from the company's own numbers.
How fast it has been growing
Sales grew 47.3% over the past year, and 22.3% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 5.3% to 9.6% over the last four years.
Whether it grew faster than its sector
It grew 22.3% a year against a sector median of 7.2% — 15.0 percentage points faster.
Room to re-rate, or risk of de-rating
At 79.8× earnings it costs 3.3× the market, which pays 23.9× across 2199 companies we can price. Its own industry sits at 37.4×, across 5 companies. It is against its own five-year median of 63.8×, the 74th percentile of its own range.
Whether growth justifies the valuation
Priced at 1.5 times its growth rate, on earnings growth of 54%.
| Profit growth | Price per ₹1 profit | Per 1% growth | |
|---|---|---|---|
| SBC Exports Limited — this one | 54%/yr | 79.8× | ₹1.5 |
| Page Industries Limited | 11%/yr | 53.0× | ₹4.8 |
| Arvind Limited | 6%/yr | 30.5× | ₹5.1 |
| Pearl Global Industries Limited | 25%/yr | 37.4× | ₹1.5 |
| Gokaldas Exports Limited | -25%/yr | 46.9× | — |
| Lux Industries Limited | -9%/yr | 31.3× | — |
Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
How it compares with its peers
Against companies the exchange files under the same label (Garments & Apparels), it ranks 6 of 34 on returns, 1 of 32 on growth, 19 of 34 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
What makes it hard to beat — and is that still true?
A narrow advantage: it earns 18.4% on capital, ahead of 82% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
Whether its growth pays for itself
No — Over the last five years the business itself consumed ₹153 crore of cash before any plant spend, funded mostly borrowed — borrowings rose from ₹9 crore to ₹227 crore. And the profit is not backed by cash: it reported a profit over 5 years and consumed cash from the business. Its cash comes back more slowly than it used to: it went from being waiting 28 days for its cash to waiting 46 days for its cash.
Profit reality check
Is the profit real cash? Simple checks on the accounts. Facts only, not advice.
5 of 9 checks clear · 56%
Latest result · Q1 FY27
What the last results showed. Whether management kept its word is in Pro.
Revenue rose 67.1% year on year to ₹121.08 crore, while net profit rose 176.8% to ₹9.60 crore.
Announced 12 Aug 2026 · Consolidated · Unaudited
Revenue
₹121 Cr
Revenue vs last year
+67.1%
Revenue vs last quarter
-14.5%
Net profit
₹10 Cr
Profit vs last year
+268.0%
Profit vs last quarter
+58.0%
Net margin
7.9%
EPS
₹0.20
Checklist before you investPRO
Points for and against, in one list.
Key numbers & peers
The main numbers grouped by topic, and how the company compares with similar ones.
Price
- Market cap
- ₹3,034 Cr
- Prev close
- ₹63.21
- 52w High
- ₹64.4
- 52w Low
- ₹22.2
- Enterprise value
- ₹3,243 Cr
- Beta
- 0.5
- Price CAGR 1y
- 175.0%
- Price CAGR 3y
- 77.0%
- Price CAGR 5y
- 123.0%
- Price CAGR 10y
- —
Ratios
- Return on assets
- 5.7%
- PEG ratio
- 1.5
- P/E ratio
- 79.8
- P/B ratio
- 37.6
- EV / EBITDA
- 78.9
- Industry P/E
- 21.1
- ROCE
- 18.4%
- ROCE 5y average
- 21.8%
- ROE
- 36.5%
- Debt / Equity
- 2.8
- Interest coverage
- 3.8
- Dividend yield
- 0.0%
- ROE 3y average
- 29.0%
- ROE last year
- 37.0%
Annual P&L
- Annual revenue
- ₹402 Cr
- Annual profit
- ₹25 Cr
- Operating margin
- 8.0%
- Net profit margin
- 6.2%
- EBITDA margin
- 8.5%
- Sales growth 3y
- 21.9%
- Sales growth 5y
- 25.3%
- Profit growth 3y
- 54.0%
- Profit growth 5y
- 69.0%
- EPS
- ₹0.5
- Sales growth TTM
- 47.0%
- Profit growth TTM
- 144.0%
- Dividend payout
- 0.0%
Quarter P&L
- Sales latest quarter
- ₹121 Cr
- Profit latest quarter
- ₹10 Cr
- YoY quarterly sales growth
- 67.1%
- YoY quarterly profit growth
- 267.8%
- OPM latest quarter
- 10.8%
Balance Sheet
- Book Value
- ₹1.7
- Face Value
- ₹1.0
- Total debt
- ₹227 Cr
- Total cash
- ₹18 Cr
- Borrowings
- ₹227 Cr
- Reserves / Equity
- 0.7
Cash Flow
- Operating cash flow
- -₹72 Cr
- Free cash flow
- -₹86 Cr
- FCF yield
- -3.2%
- Net cash flow
- ₹5 Cr
Shareholding
- Promoter holding
- 50.3%
- FII holding
- 2.8%
- DII holding
- 0.1%
- Public holding
- 46.9%
Peer comparison
| Company | Price ₹ | P/E | Mkt cap ₹ Cr | Div yield % | Profit qtr ₹ Cr | Profit var % | Sales qtr ₹ Cr | Sales var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| Page Industries | 37,119.55 | 53.0 | 41,403 | 1.47 | 192.8 | -4.0 | 1,420.5 | 7.9 | 64.4 |
| Arvind Ltd | 503.55 | 31.2 | 13,699 | 0.86 | 57.8 | 25.9 | 2,501.0 | 24.6 | 14.7 |
| Pearl Global Ind | 1,281.60 | 37.8 | 11,840 | 0.56 | 99.2 | 50.9 | 1,528.3 | 24.5 | 19.9 |
| Gokaldas Exports | 655.15 | 46.6 | 4,801 | 0.00 | 44.3 | 6.8 | 1,153.5 | 20.7 | 7.7 |
| Lux Industries | 1,109.00 | 32.2 | 3,335 | 0.17 | 22.0 | -8.1 | 615.3 | 1.8 | 7.7 |
| SBC Exports | 63.54 | 79.2 | 3,026 | 0.00 | 9.6 | 267.8 | 121.1 | 67.1 | 18.4 |
| Kewal Kir.Cloth. | 469.50 | 19.5 | 2,893 | 0.84 | 41.0 | 21.5 | 279.0 | 19.4 | 17.2 |
| S P Apparels | 928.75 | 22.2 | 2,335 | 0.31 | 24.9 | 16.4 | 401.1 | -0.6 | 14.0 |
| Median | 122.00 | 20.9 | 425 | 0.00 | 6.9 | 15.8 | 115.8 | 9.9 | 14.0 |
Competes with: Addi Industries Limited, Arvind Limited, Bang Overseas Limited, Bella Casa Fashion & Retail Limited, Cantabil Retail India Limited, Celebrity Fashions Limited, Dollar Industries Limited, Filatex Fashions Limited, Gokaldas Exports Limited, Indian Terrain Fashions Limited, Iris Clothings Limited, Kewal Kiran Clothing Limited, Kitex Garments Limited, Libas Consumer Products Limited, Lorenzini Apparels Limited, Lovable Lingerie Limited, Lux Industries Limited, Mittal Life Style Limited, Monte Carlo Fashions Limited, Nandani Creation Limited, Page Industries Limited, Pearl Global Industries Limited, Rupa & Company Limited, S. P. Apparels Limited, Saraswati Saree Depot Limited, Thomas Scott (India) Limited, VIP Clothing Limited, Vaxtex Cotfab Limited, Vinny Overseas Limited, Virat Industries Limited, Visagar Polytex Limited, Vishal Fabrics Limited, Zodiac Clothing Company Limited
Quarterly results
Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.
| Line item | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 53 | 35 | 52 | 69 | 66 | 66 | 72 | 96 | 72 | 85 | 104 | 142 | 121 |
| Expenses | 48 | 31 | 48 | 65 | 60 | 60 | 70 | 92 | 67 | 74 | 93 | 136 | 108 |
| Material Cost | 47 | 51 | 64 | 77 | 96 | ||||||||
| Change in Inventories | 4.91 | -1.28 | -10 | 17 | -9.75 | ||||||||
| Purchases of Stock-in-Trade | 11 | 19 | 32 | 36 | 14 | ||||||||
| Employee Cost | 2.58 | 3.01 | 3.12 | 3.67 | 3.31 | ||||||||
| Other Expenses | 1.66 | 2.80 | 3.66 | 2.30 | 3.95 | ||||||||
| Operating Profit | 5.21 | 3.73 | 3.90 | 3.94 | 6.06 | 5.74 | 1.84 | 4.56 | 5.42 | 10 | 12 | 5.92 | 13 |
| OPM % | 9.86 | 11 | 7.51 | 5.68 | 9.22 | 8.70 | 2.55 | 4.74 | 7.48 | 12 | 11 | 4.18 | 11 |
| Other Income | 0.95 | 0.23 | 0.75 | 1.73 | 1.40 | 2.01 | 4.09 | 1.48 | 0.35 | 3.91 | 3.61 | 5.85 | 3.77 |
| Exceptional items (within Other Income) | 0 | 0 | 0 | 0 | 0 | ||||||||
| Interest | 1.16 | 1.40 | 1.46 | 1.91 | 1.73 | 1.96 | 1.84 | 1.69 | 1.93 | 2.40 | 3.72 | 3.04 | 3.63 |
| Depreciation | 0.41 | 0.39 | 0.33 | 0.44 | 0.41 | 0.42 | 0.43 | 0.34 | 0.38 | 0.41 | 0.50 | 0.51 | 0.50 |
| Profit before tax | 4.59 | 2.17 | 2.86 | 3.32 | 5.32 | 5.37 | 3.66 | 4.01 | 3.46 | 11 | 11 | 8.22 | 13 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25 | 0 | 0 | 26 | 25 |
| Net Profit | 4.59 | 2.17 | 2.87 | 3.31 | 5.32 | 5.37 | 3.66 | 4.01 | 2.61 | 11 | 11 | 6.08 | 9.60 |
| EPS in Rs | 0.10 | 0.05 | 0.06 | 0.07 | 0.11 | 0.11 | 0.08 | 0.08 | 0.05 | 0.24 | 0.24 | 0.13 | 0.20 |
| Diluted EPS in Rs | 0.07 | 0.24 | 0.24 | 0.17 | 0.20 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|
| Sales | 130 | 206 | 222 | 212 | 300 | 402 | 452 |
| Expenses | 126 | 198 | 212 | 195 | 280 | 368 | 411 |
| Material Cost | 239 | ||||||
| Change in Inventories | 10 | ||||||
| Purchases of Stock-in-Trade | 98 | ||||||
| Employee Cost | 12 | ||||||
| Other Expenses | 10 | ||||||
| Operating Profit | 4 | 8 | 11 | 17 | 19 | 34 | 41 |
| OPM % | 3.20 | 3.80 | 4.80 | 8 | 6 | 8 | 9 |
| Other Income | 0 | 0 | 2 | 4 | 9 | 14 | 17 |
| Exceptional items (within Other Income) | 0 | ||||||
| Interest | 1 | 2 | 2 | 7 | 8 | 12 | 13 |
| Depreciation | 1 | 1 | 1 | 1.57 | 1.60 | 2 | 2 |
| Profit before tax | 3 | 6 | 9 | 13 | 18 | 34 | 44 |
| Tax % | 28 | 39 | 26 | 28 | 27 | 26 | |
| Net Profit | 2 | 3 | 7 | 9.28 | 13 | 25 | 38 |
| EPS in Rs | 0.04 | 0.07 | 0.15 | 0.19 | 0.28 | 0.53 | 0.81 |
| Diluted EPS in Rs | 0.53 | ||||||
| Dividend Payout % | 0 | 0 | 15 | 17 | 0 | 0 |
Compounded growth
Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.
Compounded sales growth
- 10 years
- —
- 5 years
- 25%
- 3 years
- 22%
- TTM
- 47%
Compounded profit growth
- 10 years
- —
- 5 years
- 69%
- 3 years
- 54%
- TTM
- 144%
Stock price CAGR
- 10 years
- —
- 5 years
- 123%
- 3 years
- 77%
- 1 year
- 175%
Return on equity
- 10 years
- —
- 5 years
- 27%
- 3 years
- 29%
- Last year
- 37%
Balance sheet
What the company owns and what it owes, at the end of each year. ₹ crore.
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity Capital | 11 | 21 | 21 | 32 | 48 | 48 |
| Reserves | 12 | 5 | 13 | 12 | 7.99 | 33 |
| Borrowings | 0 | 9 | 27 | 53 | 136 | 227 |
| Other Liabilities | 54 | 61 | 54 | 88 | 80 | 129 |
| Minority Interest | 0 | |||||
| Total Liabilities | 76 | 97 | 115 | 185 | 271 | 437 |
| Fixed Assets | 4 | 6 | 8 | 23 | 25 | 26 |
| CWIP | 0 | 0 | 0 | 1 | 3 | 15 |
| Investments | 0 | 2 | 4 | 6 | 5 | 4 |
| Other Assets | 72 | 89 | 102 | 155 | 237 | 392 |
| Total Assets | 76 | 97 | 115 | 185 | 271 | 437 |
Cash flows
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from Operating Activity | 4 | -11 | -5 | -69 | -72 | |
| Cash from Investing Activity | -4 | -6 | -20 | -5 | -13 | |
| Cash from Financing Activity | 0 | 17 | 25 | 82 | 91 | |
| Net Cash Flow | 1 | 1 | 0 | 8 | 5 | |
| Free Cash Flow | 2 | -15 | -22 | -75 | -86 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor Days | 85 | 86 | 92 | 148 | 101 | 123 |
| Inventory Days | 95 | 50 | 57 | 76 | 125 | 112 |
| Days Payable | 113 | 75 | 65 | 136 | 74 | 92 |
| Cash Conversion Cycle | 67 | 62 | 83 | 87 | 152 | 143 |
| Working Capital Days | 54 | 28 | 36 | 48 | 43 | 46 |
| ROCE % | 25 | 24 | 25 | 17 | 18 |
Price trend
The price as a Renko brick chart: small moves drop out so the bigger path stands out.
Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.
Open interestPRO
Where option traders are positioned on this stock.
Industry numbers
The numbers that matter most in this industry, from the company's own filings.
1 when an audit qualification is filed as repetitive
0.00flag
2026-03-31
the company's own unlisted debt securities in default at period end
0.00cr
2026-06-30
the company's own loans / revolving facilities in default at period end (standalone filing)
0.00cr
2026-06-30
net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash
209inr_cr
2026-03-31
guarantees / comfort given for promoter, promoter group, directors and KMP
0.00cr
2026-03-31
loans outstanding to promoter, promoter group, directors and KMP (governance filing)
0.00cr
2026-03-31
security given for the borrowing of promoter, promoter group, directors and KMP
0.00cr
2026-03-31
News
News and filings about SBC Exports Limited. Open one to see why it matters.
4 Sept, 18:05 IST · Company event · medium impact
SBC Exports Limited — Bagging/Receiving of orders/contracts from a Dubai-based Company M/s GAWGEE BROTHERS WHOLESALERS CO. LLC for an amount of INR 22 Crores
Supply chain
Who it buys from, sells to and competes with — as recorded in our map of company links.
Competes with
- Addi Industries Limited
- Arvind Limited
- Bang Overseas Limited
- Bella Casa Fashion & Retail Limited
- Cantabil Retail India Limited
- Celebrity Fashions Limited
- Dollar Industries Limited
- Filatex Fashions Limited
- Gokaldas Exports Limited
- Indian Terrain Fashions Limited
- Iris Clothings Limited
- Kewal Kiran Clothing Limited
- Kitex Garments Limited
- Libas Consumer Products Limited
- Lorenzini Apparels Limited
- Lovable Lingerie Limited
- Lux Industries Limited
- Mittal Life Style Limited
- Monte Carlo Fashions Limited
- Nandani Creation Limited
- Page Industries Limited
- Pearl Global Industries Limited
- Rupa & Company Limited
- S. P. Apparels Limited
- Saraswati Saree Depot Limited
- Thomas Scott (India) Limited
- VIP Clothing Limited
- Vaxtex Cotfab Limited
- Vinny Overseas Limited
- Virat Industries Limited
Uses as raw material
- Cotton textiles / fabrics for garments
- Hosiery fabrics
- Silk
- Threads
- Wool
Depends on the price of
- cotton
- cotton yarn
About
What the company is, from our own records: where it sits, where it makes things, and what it is made of.
- Sector
- Textiles
- Industry
- Garments & Apparels
- Classification
- Textiles › Garments & Apparels
- ISIN
- INE04AK01028
Business segments
- Garments Sales · 42%
- IT Support Services · 32%
- Tour & Travel Services · 26%
Plants
- SBC Exports Mirzapur manufacturing unit · Mirzapur, Uttar Pradesh
- SBC Exports Sahibabad Industrial Area manufacturing unit · Ghaziabad, Uttar Pradesh
News impact
Big market events that reach SBC Exports Limited, and how the effect spreads.
30 Sept, 19:18 IST · Market event · medium impact
Karnataka approves Rs 4,000 cr textile policy
Karnataka approved a Rs 4,000 crore plan to support textile factories, which helps clothes makers and workers, with no direct harm to others except state spending.
Who it hits first
- Karnataka cabinet cleared a Rs 4,000 crore textile policy that aims to attract Rs 20,000 crore of investment into mills, parks and garment units.
- Textile makers get cheaper expansion through subsidies on land, power and buildings, which should lift their growth hopes.
- No company gets cash today; gains come later only if firms actually build Karnataka factories and claim the sops.
Who may gain
- Karnataka-based textile firms and any listed mills that build new units in the state gain most from subsidies.
- Large listed textile makers like Page Industries, Vardhman Textiles and Welspun Living get a mild sentiment lift as sector investment hopes rise.
- Textile workers and cotton and yarn suppliers in Karnataka benefit if Rs 20,000 crore of projects create jobs and orders.
Along the supply chain
Downstream
Downstream are garment sewers, home-textile brands and retail shops that get cheaper cloth and more stitching capacity if Karnataka factories come up, plus export buyers who gain another supply base.
Upstream
Upstream are cotton farmers, yarn spinners and textile-machine makers who sell more if new Karnataka mills get built, though no machine order is named yet so this is future hope rather than booked sales.
Where demand moves
Business
Textile firms give business to builders and machine sellers: to claim Karnataka sops they must build spinning, weaving and garment units, ordering construction, textile machinery and power hookups, which later buys more cotton and yarn.
Capital
Investors may pay a little more for textile shares on stronger growth hopes, while Karnataka state commits Rs 4,000 crore of public money to pull Rs 20,000 crore of private factory spending.
How it spreads across sectors
Capital Goods
Mildly positive as new textile mills would order spinning and weaving machines, though no order is announced yet.
Textiles
Positive as Rs 4,000 crore of sops and a Rs 20,000 crore investment target lift growth hopes for mills and garment makers.
When it plays out
Immediate
In 1-7 days textile shares trade mildly higher on the policy headline with no earnings change.
Medium term
In 1-6 months actual investment proposals and groundbreakings show whether the Rs 20,000 crore target is real.
Short term
In 1-4 weeks firms study the fine print on subsidies and announce any Karnataka memorandums or land plans.
Dividends, splits & big trades
Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.
Dividends
| 10 Mar 2025 | bonus | ₹0 |
|---|---|---|
| 23 Sep 2024 | unspecified | ₹0.05 |
| 19 Jan 2024 | bonus | ₹0 |
| 18 Sep 2023 | unspecified | ₹0.05 |
| 22 Feb 2022 | split | ₹0 |
| 22 Feb 2022 | bonus | ₹0 |
Splits, bonuses & buybacks
- daily-prices repair: 8 rows from NSE's archive (replace 2, delete 1, insert 5), 2023-11-12..2026-02-01 (docs/flat_day_repair.md)1× · 12 Nov 2023
Bulk & block deals
| Date | Who | Bought / sold | Shares | Price |
|---|---|---|---|---|
| 6 Oct 2026 | HRTI PRIVATE LIMITED | SELL | 37,93,253 | ₹61.89 |
| 6 Oct 2026 | GREENBUCKS SECURITIES (P) LTD | BUY | 29,04,051 | ₹61.99 |
| 6 Oct 2026 | GREENBUCKS SECURITIES (P) LTD | SELL | 26,04,944 | ₹61.88 |
| 6 Oct 2026 | HRTI PRIVATE LIMITED | BUY | 20,36,090 | ₹62.05 |
| 5 Oct 2026 | HRTI PRIVATE LIMITED | SELL | 34,55,071 | ₹59.93 |
| 5 Oct 2026 | HRTI PRIVATE LIMITED | BUY | 29,12,163 | ₹60.94 |
| 5 Oct 2026 | GREENBUCKS SECURITIES (P) LTD | BUY | 27,33,990 | ₹60.25 |
| 5 Oct 2026 | GREENBUCKS SECURITIES (P) LTD | SELL | 26,32,446 | ₹60.41 |
| 1 Oct 2026 | HRTI PRIVATE LIMITED | SELL | 48,22,156 | ₹58.77 |
| 1 Oct 2026 | RAPIDO SECURITIES PRIVATE LIMITED | SELL | 32,47,393 | ₹59.11 |
Documents
Annual reports, results presentations and earnings calls, straight from the source.
- Annual report · 2024-2516 Sep 2025
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.