Fin Cascade

Prices as of 8 Oct 2026 close · Not investment advice

Sportking India Limited

NSE: SPORTKINGOther Textile Products

Share price

₹196.39

-2.64% close of 8 Oct 2026

Market cap ₹2,553 CrP/E 15.8

Business score

How strong the business is, in one number. The parts behind it are in Pro.

61

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹2,553 Cr

P/E ratio

15.8

P/B ratio

2.4

ROCE

13.2%

ROE

12.2%

Dividend yield

0.5%

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.

Prices as of 8 Oct 2026 close52-week high ₹230.6052-week low ₹79.69

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 5.6% over the past year, and 9.7% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 26.3% to 13.2% over the last four years.

Whether it grew faster than its sector

It grew 9.7% a year against a sector median of 7.2% — 2.5 percentage points faster.

Room to re-rate, or risk of de-rating

At 15.8× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 39.2×, across 5 companies. It is against its own five-year median of 10.9×, the 82nd percentile of its own range.

Whether growth justifies the valuation

Its earnings are falling, so growth cannot justify the price.

Profit growthPrice per ₹1 profitPer 1% growth
Sportking India Limited — this one-8%/yr15.8×—
K.P.R. Mill Limited2%/yr39.2×₹19.6
Welspun Living Limited4%/yr77.4×₹19.4
Vardhman Textiles Limited-4%/yr17.7×—
Trident Limited-6%/yr28.2×—
Indo Count Industries Limited-23%/yr59.9×—

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 (Other Textile Products), it ranks 27 of 106 on returns, 32 of 103 on growth, 31 of 106 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 13.2% on capital, ahead of 75% 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

Yes — Over the last five years it made ₹1087 crore of cash from the business, spent ₹695 crore on plant and equipment, and returned ₹386 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 190 arrived as cash — well above the profit; depreciation and interest are the reason, not a windfall. Its cash comes back more slowly than it used to: it went from being waiting 70 days for its cash to waiting 96 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

8 of 9 checks clear · 89%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Profit more than doubled and the full-year revenue target was lifted to about ₹3,000 crore.

Announced 1 Aug 2026 · Standalone

Revenue

₹704 Cr

Revenue vs last year

+20.1%

Revenue vs last quarter

+10.5%

Net profit

₹76 Cr

Profit vs last year

+123.5%

Profit vs last quarter

+130.2%

Net margin

10.8%

EPS

₹5.98

Earnings call transcript · 3 Aug 2026

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
₹2,553 Cr
Prev close
₹196.39
52w High
₹242
52w Low
₹78.2
Enterprise value
₹3,101 Cr
Beta
1.6
Price CAGR 1y
101.0%
Price CAGR 3y
37.0%
Price CAGR 5y
3.0%
Price CAGR 10y
—

Ratios

Return on assets
6.9%
PEG ratio
-1.9
P/E ratio
15.8
P/B ratio
2.4
EV / EBITDA
8.9
Industry P/E
16.7
ROCE
13.2%
ROCE 5y average
21.2%
ROE
12.2%
Debt / Equity
0.5
Interest coverage
4.2
Dividend yield
0.5%
ROE 3y average
11.0%
ROE last year
12.0%

Annual P&L

Annual revenue
₹2,495 Cr
Annual profit
₹120 Cr
Operating margin
12.0%
Net profit margin
4.8%
EBITDA margin
11.6%
Sales growth 3y
4.2%
Sales growth 5y
13.8%
Profit growth 3y
-8.0%
Profit growth 5y
4.0%
EPS
₹9.4
Sales growth TTM
6.0%
Profit growth TTM
37.0%
Dividend payout
11.0%

Quarter P&L

Sales latest quarter
₹704 Cr
Profit latest quarter
₹76 Cr
YoY quarterly sales growth
20.1%
YoY quarterly profit growth
123.5%
OPM latest quarter
18.8%

Balance Sheet

Book Value
₹79.9
Face Value
₹1.0
Total debt
₹549 Cr
Total cash
₹1 Cr
Borrowings
₹549 Cr
Reserves / Equity
78.9

Cash Flow

Operating cash flow
₹292 Cr
Free cash flow
₹211 Cr
FCF yield
6.3%
Net cash flow
₹0 Cr

Shareholding

Promoter holding
74.4%
FII holding
0.4%
DII holding
0.0%
Public holding
25.3%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
K P R Mill Ltd1,064.0039.936,3690.45258.521.61,935.59.619.6
Welspun Living226.1576.721,3660.04162.683.62,795.523.76.3
Vardhman Textile528.1018.015,2930.92314.649.52,703.113.38.6
Trident21.9228.311,1702.27158.112.91,786.84.79.8
Indo Count Inds.456.2559.99,0360.3263.262.01,207.025.98.2
Garware Tech.764.3033.87,4631.1764.621.7482.431.422.0
Kusumgar589.9549.36,1940.0041.9882.6241.993.618.8
Sportking India195.7515.42,4880.5076.0122.8703.720.113.2
Median115.8018.83530.005.945.4116.310.59.9

Competes with: Alok Industries Limited, Garware Technical Fibres Limited, Indo Count Industries Limited, K.P.R. Mill Limited, Kusumgar Limited, Trident Limited, Vardhman Textiles Limited, Welspun Living Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Standalone · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales539628599611634652610629586627646637704
Expenses489589550544560589550555516562580551571
Material Cost407400438451415434
Change in Inventories14-11-5.820.23112.79
Purchases of Stock-in-Trade0.821.150.081.1000.25
Employee Cost363834353639
Other Expenses968895939095
Operating Profit504049677463597469656685132
OPM %9.246.308.1311129.609.72121210101319
Other Income5208378391283-82
Exceptional items (within Other Income)000000
Interest101616171511159111212109
Depreciation20222222222223232424242324
Profit before tax242119324438255046383344102
Tax %25272628272125292725252626
Net Profit18161423323018353428253376
EPS in Rs1.431.221.091.802.502.351.462.782.682.221.942.585.98
Diluted EPS in Rs2.812.772.221.942.555.98

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Standalone · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,1271,0351,0101,0531,1601,3541,3052,1532,2042,3772,5242,4962,614
Expenses9939098929521,0311,2181,0941,5541,9222,1682,2532,2052,265
Material Cost1,7581,706
Change in Inventories0.70-5.75
Purchases of Stock-in-Trade1.272.33
Employee Cost143142
Other Expenses358365
Operating Profit134126118101129136211599282209271290349
OPM %1212121011101628139111213
Other Income174141323-324-183627155
Exceptional items (within Other Income)00
Interest79514029395838322663545043
Depreciation70595856546352444886909494
Profit before tax3203529381811854719096154161217
Tax %-2044437343632282530272626
Net Profit811221924128540913270113120162
EPS in Rs0.560.801.531.351.690.876.37319.935.548.909.4213
Diluted EPS in Rs8.579.39
Dividend Payout %00000000011111

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
9%
5 years
14%
3 years
4%
TTM
6%

Compounded profit growth

10 years
27%
5 years
4%
3 years
-8%
TTM
37%

Stock price CAGR

10 years
—
5 years
3%
3 years
37%
1 year
101%

Return on equity

10 years
20%
5 years
22%
3 years
11%
Last year
12%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital33333331313131313
Reserves1421531791982372493536778098129171,026
Borrowings537571592479505573504615552953663549
Other Liabilities958495143360141171249201185183157
Total Liabilities7788118698231,1059661,0321,5541,5751,9631,7761,744
Fixed Assets442399340293471466417382757786759729
CWIP10272433007370515
Investments0000000000014
Other Assets3264105215076014996151,0998111,1771,012986
Total Assets7788118698231,1059661,0321,5541,5751,9631,7761,744

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity243231111399714810396520-236415292
Cash from Investing Activity-25-10-5-37-106-142-3-103-392-46-67-94
Cash from Financing Activity-219-13-108-1018-5-1017-117271-349-198
Net Cash Flow-20-20-01-1-011-10-10
Free Cash Flow21715104101-1049917156-340348211

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days211755466148597039556658
Inventory Days7814617314815085129163881389084
Days Payable141012428331403924191913
Cash Conversion Cycle85153216151128102148194102174137129
Working Capital Days9131713-3513397069818896
ROCE %11101081110215318101213

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Standalone · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters747474747474747474747474
FIIs0.0200.110.200.010.170.020.060.010.020.230.36
DIIs00000.230.18000000
Public262626252525262626262525
No. of Shareholders20,98119,87318,77017,12025,56326,90426,87126,34726,29425,52323,08922,449

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +97.3% (₹99.55 → ₹196.39)Brick size ₹9.83 (fixed)Bricks 20
₹100₹150₹196Jan '26Jul '26
Price moved up one brickPrice moved down one brickLast close ₹196.39 on 8 Oct 2026

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

exports as % of revenue

50.00

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

548inr_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

FY revenue / permanent employees + workers, same basis (calc)

41,72,939inr

2026-03-31

News

News and filings about Sportking India Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

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
Other Textile Products
Classification
Textiles › Other Textile Products
ISIN
INE885H01029

Plants

  • Sportking Industries (Ludhiana/Bathinda, Punjab)
  • Sportking Processors · Ludhiana, Punjab
  • Sportking Synthetics · Ludhiana, Punjab

News impact

Big market events that reach Sportking India Limited, and how the effect spreads.

Who it hits first

  • The government extended the RoSCTL export refund scheme by three months till December 31, so textile exporters keep getting refunds of hidden taxes built into their costs.
  • Gokaldas Exports and Kitex Garments, which stitch clothes for foreign brands, keep a tax refund on every export order for three more months.
  • Welspun Living and Trident, which make bedsheets and towels for world retailers like IKEA, keep their export margins instead of losing the refund.
  • Vardhman Textiles and K.P.R. Mill, which spin yarn and make fabric for export, also keep the refund benefit through December.

Who may gain

  • Sportking India (spins yarn, 50% exports) — keeps refunds on half its sales
  • Vardhman Textiles (spins yarn, 47% exports) — keeps tax refunds on export sales
  • Trident (towels and bedsheets, 53% exports) — keeps refunds on majority-export sales
  • Welspun Living (bedsheets, 41% exports) — keeps refunds, though the promoter sold shares recently
  • K.P.R. Mill (yarn and garments) — keeps refunds on export orders
  • Gokaldas Exports and Kitex Garments (garment stitchers) — keep refunds but weak finances cap the cheer
  • Jindal Worldwide (90% exports) and Nitin Spinners (65.2% exports) — top exporters keep refunds

Along the supply chain

Downstream

Downstream, world retailers such as IKEA, which buys bedsheets from Welspun Living and Trident, keep getting Indian goods at steady prices, so no price or supply change for foreign shoppers.

Upstream

Upstream, yarn and fabric suppliers such as Sanathan Textiles and GHCL Textiles, which sell thread and cloth to exporters like Welspun Living, see steady orders as exporters keep shipping through December.

Where demand moves

Business

Foreign clothing brands keep placing orders with Indian stitchers and mills, and the refund keeps Indian prices competitive, so export orders hold up through December.

Capital

Investors are likely to add to shares of high-export textile mills such as Vardhman, Trident and Sportking as three more months of refunds protect profits, while domestic-focused clothing sellers see little fresh interest.

How it spreads across sectors

Capital Goods

Steady exporter output keeps demand for spinning machines and looms stable through December.

Textiles

Garment, home-textile and yarn exporters keep refund margins for three more months; domestic-only sellers unaffected.

When it plays out

Immediate

Textile exporter shares edge up as the refund safety net stays till December; high-export names move first.

Medium term

Effect fades after December unless extended again; mills then face the same refund cliff in January.

Short term

Exporters ship December orders with refunds intact and book slightly better margins for the quarter.

16 Aug, 04:30 IST · Market event · medium impact

Indian textile makers face a margin squeeze as higher wages meet rising cotton, yarn and petrochemical prices, forcing companies to absorb inflation and rethink expansion

Cloth and garment makers are paying more for cotton, yarn and man-made fibre at the same time as wage bills rise, and they cannot pass all of it on - so profits get squeezed hardest at spinners, where raw cotton is almost the entire cost.

TextilesConsumer Services

Who it hits first

  • Spinners take the squeeze first and hardest because raw cotton is close to their entire cost base - Nitin Spinners at 91.3% and Sportking at 69.65%
  • Garment makers and retailers face the same inflation one step later, through higher fabric and garment sourcing costs plus their own wage bills
  • Companies are reported to be rethinking expansion plans, which converts a margin story into a deferred capital-expenditure story

Who may gain

  • Cotton growers and agricultural commodity traders capture the higher raw cotton price
  • Man-made fibre producers gain if buyers substitute polyester for expensive cotton, though rising petrochemical prices blunt that advantage
  • Vertically integrated players that grow or contract their own cotton supply are relatively better placed than merchant buyers

Along the supply chain

Downstream

Garment brands and apparel retailers face higher fabric and finished-garment sourcing costs with a lag of roughly a quarter; export-facing garment makers are squeezed hardest because overseas buyers negotiate on annual contracts and will not accept a mid-contract price rise.

Upstream

Cotton growers, ginners and agricultural traders are the winners of this move - they sell the input whose price is rising, and the reported absorption by manufacturers means their volumes are not falling. Man-made fibre producers face their own petrochemical cost inflation, so they cannot undercut cotton as cheaply as usual.

Where demand moves

Business

Higher raw cotton prices move up the chain from ginners to spinners to weavers to garment makers to retailers, with each step absorbing part of the increase because the step below will not accept a full pass-through. The reported response is that manufacturers are absorbing the inflation rather than repricing, which means the demand for cotton itself does not fall - the volume keeps flowing, only the profit split changes, shifting value from converters back to raw cotton sellers.

Capital

Money exits the cost-exposed spinners and leveraged garment retailers and rotates towards the vertically integrated and low-debt names within the same sector, and towards sectors with no raw material inflation this quarter. Because companies are also deferring expansion, capital that would have funded new spindles stays uncommitted, which is a second-order negative for textile machinery suppliers.

How it spreads across sectors

Consumer Services

apparel retailers absorb higher garment sourcing costs on top of their own wage and rent inflation

Textiles

margin compression concentrated in spinners where cotton is nearly the whole cost base, plus deferred capacity expansion

Commodity angle

Commodity

cotton

Commodity move unresolved reason

the ranker read a +1.92% move for cotton, marginally inside its +/-2% deadband, so per-company signs fall back to the edge role; the Neo4j 1-month change of +3.82% is used for the margin impact calculation and both point the same way (cotton rising, consumers hurt), so the direction is not in doubt

Price updated at

2026-08-14T11:56:36.673Z

Shock type

cost

Unit

USD/lb

When it plays out

Immediate

Spinner margins compress in the current quarter with no offsetting price rise available

Medium term

Deferred expansion plans mean less new spinning capacity in 12-18 months, which would eventually tighten yarn supply and restore pricing power to the survivors

Short term

Watch whether yarn prices catch up to raw cotton - that lag of about a quarter is what determines whether the squeeze is temporary or structural

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

4 Sep 2026unspecified₹1
22 Aug 2025unspecified₹1
13 Sep 2024split₹0
9 Aug 2024unspecified₹5

Splits, bonuses & buybacks

  • daily-prices repair: 7 rows from NSE's archive (replace 2, delete 0, insert 5), 2023-11-12..2026-02-01 (docs/flat_day_repair.md)1× · 12 Nov 2023

Insider trades

DisclosedWhoTypeSharesValue ₹ Cr
31 Aug 2026SHAKTI JINDAL · Employees Immediate RelativeBUY19,000—

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.