Sportking India Limited has informed the Exchange about Transcript
SPORTKING · price
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Awaiting price reaction for this filing.
Sportking India reported Q4 FY25 revenue of INR 628.8 crores (up 3% YoY), EBITDA of INR 74.3 crores (up 11% YoY, 30% QoQ) with margin expanding to 11.8%, and PAT of INR 36.1 crores (up 58% YoY). For full-year FY25, revenue grew 6.2% to INR 2,525 crores, EBITDA jumped 28.2% to INR 262.9 crores at a 10.4% margin, and PAT rose 55.3% to INR 109.3 crores. Exports hit a record 58% of Q4 sales (vs 41% YoY), with capacity utilization at 96%. The company aggressively deleveraged, cutting debt-to-equity from 0.97x to 0.58x and paying down over INR 360 crores. Cotton yarn spreads improved to ~135 from 123 YoY, and management indicated that removal of the 10% cotton import duty gap could lift operating margins to 15%+.
Strong margin expansion, record exports, and significant debt reduction signal a healthier business. The pending amalgamation of two group companies in dyeing/garmenting, a forthcoming CapEx announcement, and potential margin boost from any cotton import duty removal are key forward catalysts — but near-term volume growth is capped given ~96% capacity utilization.