Sportking India Limited has informed the Exchange about General Updates Machine Readable Form Financial Results

Sportking India reported FY2026 revenue of Rs 2,495.86 crore, marginally down 1.1% from Rs 2,524.23 crore in FY2025. PAT grew 5.8% to Rs 119.72 crore (from Rs 113.15 crore), driven by EBITDA margin expansion from 11.63% to 12.04% due to lower raw material costs and operating efficiencies. The Board recommended a dividend of Rs 1 per share (Rs 12.71 crore to equity holders). A fire accident at the Bathinda plant in November 2025 caused a loss of Rs 31.71 crore, largely offset by insurance recoveries with net impact described as not material. The company changed its raw material valuation policy from FIFO to weighted average basis with retrospective effect, resulting in restated prior period figures. Two related party acquisitions were approved: majority stake in Marvel Dyers & Processors (dyeing/finishing, turnover Rs 55.83 crore) and slump sale acquisition of Sobhagia Sales (readymade garments, turnover Rs 99.72 crore), both at arm's length. A greenfield expansion project in Odisha (150,000 spindles) has achieved financial closure and construction has commenced. Statutory auditors issued an un-modified opinion.