Audited Financial Results for 31st March 2026
SPORTKING · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sportking India reported total income of Rs. 255,101.65 Lakhs for FY26, marginally up from Rs. 251,045.77 Lakhs in FY25. However, profit after tax declined significantly to Rs. 4,941.00 Lakhs from Rs. 11,314.60 Lakhs in the previous year, primarily due to an exceptional fire loss of Rs. 3,171.29 Lakhs (net of insurance recoveries). EPS dropped to Rs. 2.55 from Rs. 8.88. The auditors issued an unmodified (clean) opinion. The company also announced a Rs. 1 per share dividend and approved two related party acquisitions: majority stake in Marvel Dyers (textile dyeing) and slump sale acquisition of Sobhagia Sales' manufacturing facilities. An accounting policy change to weighted average raw material valuation was applied retrospectively.
The sharp PAT decline despite stable revenues is concerning, mainly due to the fire-related exceptional item. The stock may face short-term pressure, but clean audit opinion and expansion activities (Odisha greenfield project) provide some support. Dividend declaration offers partial cushion to shareholders.