SPORTKINGBSESportking India LtdHighNeutral
Announced Mon, 18 May · 12:13 IST

Press Released Regarding Audited Financial Results for the Quarter and Year Ended March 31st, 2026

Ebitda Margin ExpansionResults View source PDF

SPORTKING · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-4.4%1-day move
₹147.00
prior close
₹145.40
base price
In-mkt
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AI summary

Sportking India reported Q4 revenue of Rs. 636.8 Crs, up 1.3% YoY, with FY26 revenue flat at Rs. 2,495.9 Crs (-1.1% YoY). EBITDA surged 16.1% YoY to Rs. 85.4 Crs in Q4 with margin expanding 172 bps to 13.4%, and full-year EBITDA grew 7.2% to Rs. 286 Crs with margin at 11.5% (+89 bps). PAT declined 7.3% YoY in Q4 to Rs. 32.8 Crs due to a Rs. 7.9 Cr negative other income from mark-to-market foreign exchange provisions, but full-year PAT grew 5.8% to Rs. 119.7 Crs with margin at 4.8% (+31 bps). The Board recommended a dividend of Rs. 1 per share. The company also announced a majority stake acquisition in Marvel Dyers and Processors Pvt Ltd and a slump sale acquisition of Sobhagia Sales Pvt Ltd's business, alongside a ~Rs. 1,000 Cr greenfield expansion adding 1,50,000 spindles.

Likely market impact

Strong operational performance with EBITDA margin expansion reflects cost efficiency and favourable cotton price dynamics. The Q4 PAT dip is a one-time MTM charge and does not undermine underlying business strength. Acquisitions and expansion plans signal growth intent, though near-term capex costs may weigh on free cash flow.