Sportking India Q1 FY27 Earnings Call Highlights
SPORTKING · price
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Strong Q1 FY27 with margin gains from better yarn realizations, export demand and disciplined cotton buying. Yarn spread rose to INR133/kg vs INR107 prior quarter. Solar power project operational, annual savings of about INR15 crores. Odisha 150,000 spindle greenfield plant Phase 1 starts Q3 FY27, guiding 300-400 bps higher EBITDA margins. FY27 revenue guided at INR3,000 cr, FY28 above INR4,000 cr. Long-term EBITDA margin target around 15 percent. Acquisitions of Marvel Dyers and Sobhagia Sales to add 8-10 percent of revenue.
Positive: margin expansion, capacity addition, acquisitions, and multi-year revenue growth visibility support earnings trajectory.