Sportking India Limited has informed the Exchange regarding a press release dated August 02, 2025, titled "PRESS RELEASE REGARDING UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE 2025".
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Awaiting price reaction for this filing.
Sportking India reported Q1 FY26 revenue of Rs. 585.8 Crs, down 7.6% year-on-year, though exports grew about 18% YoY and made up roughly 58% of total revenue. EBITDA came in at Rs. 70.5 Crs, down 4.5% YoY, but the EBITDA margin improved by 40 basis points to 12.0%, helped by stable cotton prices. Profit after tax rose 10.4% YoY to Rs. 35.2 Crs, with PAT margin expanding 98 bps to 6.0%, and capacity utilization stood at a high 95%. The company announced a major greenfield expansion in Odisha with 1.5 lakh new spindles (about 40% capacity addition), involving a total outlay of approximately Rs. 1,000 Crs to be funded through a mix of term loans and internal accruals, expected to complete in 12–15 months.
Mixed quarter: top-line declined but profitability and margins expanded, reflecting better cost management. The Rs. 1,000 Cr capex plan signals management confidence in long-term growth and could expand future earnings capacity, though it may pressure near-term returns and raise debt levels. Shareholders should watch capex execution, tariff-related export demand, and margin sustainability.