Financial Results
SPORTKING · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sportking India reported FY2025-26 revenue of Rs. 252,422.94 Lakhs (up 1.14% from Rs. 249,585.66 Lakhs) and PAT of Rs. 11,972.38 Lakhs (up 5.8% from Rs. 11,314.60 Lakhs). EBITDA margin expanded slightly from 6.12% to 6.3%. The Board approved two related party acquisitions: majority stake in Marvel Dyers and Processors Private Limited (turnover Rs. 5,582.80 Lakhs) and manufacturing facilities of Sobhagia Sales Private Limited via slump sale (turnover Rs. 9,972.27 Lakhs). Both transactions are flagged as related party transactions done at arm's length. The company also announced a Rs. 1 per share dividend (Rs. 1,270.72 Lakhs) and confirmed financial closure for its Odisha greenfield expansion project (1,50,000 spindles). An accounting policy change for raw material valuation was applied retrospectively, with prior period figures restated. Operating cash flow declined to Rs. 29,196.64 Lakhs from Rs. 41,462.40 Lakhs.
Revenue growth was modest at ~1%, though PAT grew 5.8% due to lower finance costs. Two related party acquisitions may raise governance concerns despite arm's length declaration. The Odisha expansion and acquisitions signal strategic expansion but details on consideration remain pending.