SBC Exports Ltd
542725SBC Exports Ltd's price has outrun its earnings. +134.1% in a year against EPS +25.0% — the market is paying now for delivery later.
The sharpest disagreement: profits are rising, but only −264% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch.
The price is in a confirmed uptrend (31 weeks in) while the P/E sits at the 75th percentile of its own 7-year range. Underneath, the last four quarters read improving — profit +181.0% year on year, and −264% of the last 3 years' profit arrived as cash. What settles it: whether the cash starts following the profit.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
SBC Exports Ltd trades at ₹32.3, in a confirmed uptrend and 31 weeks into that stage. That is +32.4% against its own 200-day average. It sits at 100% of a 52-week range of ₹12 to ₹32. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 39 straight weeks.
Today the stock is in a confirmed uptrend — week 31 of stage 2, confirmed. At ₹32.3 it trades +32.4% versus its 200-day average and sits at 100% of its 52-week range (₹12–₹32).
Against the market, two honest reads. Cumulative: over the last 6.7 years the stock moved +5,887% while the NIFTY 500 moved +139% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 39 straight weeks — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
→ The trend is one thing; the bill is another. Are you paying up for it? Next: the P/E sits at the 75th percentile of its own range.
Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.
SBC Exports Ltd trades at 58.3× P/E, at the pricey end of its own range (75th percentile). Its long-run median P/E is 46.5×, measured across 6.7 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 58.3× is at the pricey end of its own range (75th percentile), against a long-run median of 46.5× measured over 6.7 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
🚨 Why the multiple sits where it does: over the past year annual EPS moved +25.0% against a +134.1% price move — the price outran earnings, pushing the multiple UP its own range.
The price move, decomposed: over 5y, of the +104.2%/yr price move, ~+94.7%/yr came from earnings growth and ~+9.5 pp from the multiple (expanding). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is full against its own past, so the story rests on the earnings line underneath it, not the multiple.
→ Cheap or dear rides on the earnings. Are they actually growing? Next: the fundamental stage — where the business sits in its arc, and how growth has compounded.
Stage: Turning around Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
SBC Exports Ltd reads as turning around on its fundamental arc. Turning around — profit growth swung from −4.9% at the trough to +181.0% off a 2-quarter-old trough (single-quarter readings), ROCE slipping at 16.0%. The read is built from 9 quarters across 3 curves, on partial evidence.
Why it matters: growth inflections are where re-ratings start — the curves say a turn is forming, so the question becomes whether the next quarters confirm it.
One or more growth curves carry a base-effect spike — a large year-on-year move off a near-zero or loss-making comparable quarter. Those spikes are capped before the classifier reads the trajectory, and shown pinned on the chart, so a single distorted quarter does not drive the stage call.
Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.
A partial read: at least one curve is short, or the returns curve is not the computed quarterly series — hold the stage word a little more loosely.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +21.6% | +4.1% | +16.2% | +30.6% |
| Profit | +33.3% | +58.7% | +64.4% | — |
| EPS | +25.0% | +52.9% | +52.8% | +13.6% |
| Share price | +134.1% | +66.5% | +104.2% | — |
→ The stage names the trajectory. Next: the revenue line that produces it, quarter by quarter.
4-Factor Sector Score
No sector-relative score — SBC Exports Ltd is not present in the sector comparison for Textiles - Readymade Apparel.
The score is a rank WITHIN a peer set: every metric is scored by percentile against the other members. Without the peer set there is no score to state, so none is invented here.
Revenue Revenue is the top line: everything the company billed its customers in the period.
SBC Exports Ltd reported ₹70.5 Cr of revenue in the Dec 25 quarter, +40.9% year on year. That is the 7th straight quarter of year-on-year growth. Over 10 years it has compounded at 30.6% a year. The last full year, FY25, came in at ₹231 Cr. The last four reported quarters add to ₹273 Cr.
SBC Exports Ltd reported ₹70.5 Cr of revenue in the Dec 25 quarter, +40.9% year on year. That is the 7th straight quarter of year-on-year growth. Over 10 years it has compounded at 30.6% a year. The last full year, FY25, came in at ₹231 Cr. The last four reported quarters add to ₹273 Cr.
FY25 revenue came in at ₹231 Cr (+21.6% on the year), capping 10 years at 30.6% compound. The latest quarter (Dec 25) printed ₹70.5 Cr, +40.9% year on year — the 7th consecutive quarter of year-over-year growth.
Pace check: the last four quarters averaged +25.8% growth against the decade's 30.6% — the current year is running slower than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew +24.9% over the last 4 quarters against +18.8%/yr over the last 8 — accelerating; TTM profit +55.8% vs +47.6%/yr — accelerating.
→ Revenue grew — did margins hold as it scaled? Next: 13.9% this quarter (+10.8 pp YoY).
Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
SBC Exports Ltd's operating margin is 13.9% in the Dec 25 quarter, +10.8 percentage points against the same quarter a year ago. Across 12 fiscal years the operating margin has ranged 0.0% to 9.0%. The current quarter is running above every full year in that window.
SBC Exports Ltd's operating margin is 13.9% in the Dec 25 quarter, +10.8 percentage points against the same quarter a year ago. Across 12 fiscal years the operating margin has ranged 0.0% to 9.0%. The current quarter is running above every full year in that window.
The latest quarter's operating margin is 13.9%, +10.8 pp against the same quarter a year ago. Across 12 fiscal years the operating margin has ranged 0.0%–9.0%.
Why the margin moved: operating margin went +10.8 pp year on year while gross margin went +6.8 pp — the gain came mostly from the gross line: input costs and pricing.
→ Margins held — did that reach the bottom line? Next: profit +181.0% in the latest quarter.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
SBC Exports Ltd earned ₹9.4 Cr of net profit in the Dec 25 quarter, +181.0% year on year. It is the 2nd consecutive quarter of growth. Full-year FY25 profit was ₹12.0 Cr. That is 13.4% of the quarter's revenue. The same quarter a year earlier earned ₹3.4 Cr.
SBC Exports Ltd earned ₹9.4 Cr of net profit in the Dec 25 quarter, +181.0% year on year. It is the 2nd consecutive quarter of growth. Full-year FY25 profit was ₹12.0 Cr. That is 13.4% of the quarter's revenue. The same quarter a year earlier earned ₹3.4 Cr.
Dec 25 profit was ₹9.4 Cr, +181.0% year on year — the 2nd consecutive quarter of growth. On the full year, FY25 printed ₹12.0 Cr (+33.3%).
Why profit moved: revenue contributed +40.9% and the margin +10.8 pp — the quarter was margin-led: most of the profit growth came from keeping more of each sale.
Pace comparison, last four quarters: profit +61.5% vs revenue +25.8%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.
→ Profit rose — but did the cash follow? Next: −264% of the last 3 years' profit arrived as cash.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years −264% of SBC Exports Ltd's reported profit arrived as operating cash — a gap worth watching. In FY25 that was ₹−65.0 Cr of operating cash against ₹12.0 Cr of profit. After ₹4.0 Cr of capital spending, ₹−69.0 Cr was left as free cash.
FY25: operating cash of ₹−65.0 Cr against reported profit of ₹12.0 Cr, leaving free cash of ₹−69.0 Cr after ₹4.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is −264% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
🚨 Why conversion sits at −264%: the cash cycle stretched 177 days between FY20 and FY25 — more of each rupee of profit waits inside the cycle before arriving. Less than 70% of profit arriving as cash is the thing to watch on this page.
Router verdict: conversion is below par and the cash cycle has stretched 177 days — the next section's job is to find where the cash is stuck.
→ So follow the cash to where it goes. Next: the 206-day cycle, in money terms.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
SBC Exports Ltd's cash conversion cycle runs 206 days in FY25, up from 29 days in FY20. Capital spending ran ₹24.0 Cr over the last 3 years. At FY25 sales of ₹231 Cr each day of that cycle holds about ₹0.6 Cr, so roughly ₹130 Cr sits inside the business at any moment.
FY25: debtors at 134 days, inventory at 168 days — roughly 5.5 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 206 days, looser than FY20's 29.
The full loop: cash goes out to suppliers and production on day 0; stock waits 168 days to sell; customers pay about 134 days after that; and suppliers themselves are paid at 96 days — netting out to the 206-day cycle.
In money terms: at FY25 sales of ₹231 Cr, each day of the cycle holds about ₹0.6 Cr — so the 206-day loop keeps roughly ₹130 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹24.0 Cr over the last 3 fiscal years against ₹3.0 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹3.0 Cr (FY25) — capacity paid for but not yet earning.
The synthesis: the working-capital loop is the cash sink the router flagged — watch the cycle, not the P&L.
→ Does all this activity actually earn its cost of capital? Next: ROCE is 16%.
Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.
SBC Exports Ltd earns a ROCE of 16% in FY25. That is up from a trough of 12% in FY20. A return-on-invested-capital spread against the cost of capital is not computable from what is held here. The wiring behind it is 5.2% net margin on 0.90× asset turns.
FY25 ROCE is 16%, recovered from a FY20 trough of 12% — the full ladder below shows the fall and the climb, undoctored.
Why the return is what it is — the wiring (FY25): 5.2% net margin × 0.90× asset turns × 4.65× balance-sheet leverage ≈ 21.8% on equity. Margin does its share; leverage is a meaningful part of the equation.
→ Returns like these — is the balance sheet borrowing to make them? Next: debt-to-equity is 2.36.
Debt Debt-to-equity says how much of the business is funded by borrowings; interest cover says how many times operating profit pays the interest bill. Low and high, respectively, is the safe corner.
SBC Exports Ltd carries ₹130 Cr of borrowings against ₹55.0 Cr of equity in FY25, a debt-to-equity of 2.36. Operating profit covers the interest bill 2×. Over 5 years borrowings went from ₹7.0 Cr to ₹130 Cr. Capital spending ran ₹24.0 Cr across the last 3 of those years.
FY25: borrowings of ₹130 Cr against equity of ₹55.0 Cr — a debt-to-equity of 2.36. Operating profit covers the interest bill 2×. Over 5 years borrowings went from ₹7.0 Cr to ₹130 Cr while capital spending ran ₹24.0 Cr in just the last 3 — part of the build-out is riding on borrowed money.
→ Who owns this, and are they adding or leaving? Next: Promoters cut 15.6 points over 8 quarters.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
Promoters cut 15.6 points of SBC Exports Ltd over 8 quarters, the biggest move on the register. That takes promoters to 50.4% of the company. Foreign institutions moved +2.0 points over the same window, to 2.0%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Promoters: −15.6 points over 8 quarters to 50.4%; Foreign institutions: +2.0 points over 8 quarters to 2.0%; Domestic institutions: +0.0 points over 8 quarters to 0.0%.
🚨 Why the register moved: promoters drove it (−15.6 points), absorbed on the other side by foreign institutions (+2.0 points) — distribution into the market’s bid.
→ One last check: does the safety math agree? Next: the balance-sheet safety line.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
SBC Exports Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.
The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.
| Company | P/E | Mkt cap | Revenue | EPS | ROCE | Stage |
|---|---|---|---|---|---|---|
| SBC Exports Ltd this page | 58.3× | ₹1,541 Cr | Turning around | |||
| Trent Ltd | 89.3× | ₹1.5L Cr | Consistent | |||
| Vishal Mega Mart Ltd | 56.7× | ₹50,609 Cr | No read | |||
| Aditya Birla Lifestyle Brands Ltd | 54.9× | ₹11,474 Cr | — | — | No read | |
| Vedant Fashions Ltd | 24.3× | ₹9,775 Cr | Turning around | |||
| Pearl Global Industries Ltd | 33.2× | ₹9,119 Cr | Mixed | |||
| V2 Retail Ltd | 56.0× | ₹7,996 Cr | No read | |||
| Aditya Birla Fashion & Retail Ltd | — | ₹6,865 Cr | No read | |||
| Arvind Fashions Ltd | 47.2× | ₹6,182 Cr | Turning around | |||
| Gokaldas Exports Ltd | 60.8× | ₹6,085 Cr | Mixed | |||
| V-Mart Retail Ltd | 41.6× | ₹5,764 Cr | No read | |||
| Raymond Lifestyle Ltd | 39.6× | ₹4,356 Cr | No read | |||
| Lux Industries Ltd | 34.0× | ₹3,689 Cr | Mixed | |||
| Kewal Kiran Clothing Ltd | 21.8× | ₹3,095 Cr | Mixed | |||
| Kitex Garments Ltd | 293.0× | ₹2,933 Cr | Deteriorating | |||
| S P Apparels Ltd | 25.0× | ₹2,521 Cr | Mixed | |||
| Baazar Style Retail Ltd | 97.0× | ₹2,134 Cr | No read | |||
| Cantabil Retail India Ltd | 21.0× | ₹2,006 Cr | Mixed | |||
| SBC Exports Ltd | 79.3× | ₹2,003 Cr | Consistent | |||
| Go Fashion (India) Ltd | 28.8× | ₹1,705 Cr | Deteriorating | |||
| Sai Silks (Kalamandir) Ltd | 9.9× | ₹1,356 Cr | Mixed | |||
| Monte Carlo Fashions Ltd | 9.9× | ₹1,114 Cr | No read | |||
| Iris Clothings Ltd | 56.2× | ₹910 Cr | Consistent | |||
| Karnika Industries Ltd | 25.0× | ₹700 Cr | — | — | — | — |
| Credo Brands Marketing Ltd | 7.8× | ₹542 Cr | Topping out | |||
| Thomas Scott India Ltd | 21.0× | ₹369 Cr | Mixed | |||
| Bella Casa Fashion & Retail Ltd | 16.6× | ₹330 Cr | Mixed |
Frequently asked questions
What is SBC Exports Ltd's share price today?
SBC Exports Ltd trades at ₹32.3, +134.1% over the past year. The company is valued at ₹1,541 Cr. The stock sits at 100% of its 52-week range of ₹12–₹32, +32.4% versus its 200-day average. On the tape, the price is in a confirmed uptrend, 31 weeks in. — as of 24 July 2026.
What were SBC Exports Ltd's latest quarterly results?
SBC Exports Ltd reported revenue of ₹70.5 Cr and net profit of ₹9.4 Cr for the Dec 25 quarter. Revenue rose 40.9% and profit rose 181.0% year on year. Earnings per share were ₹0.20. The operating margin was 13.9%, 10.8 pp higher than a year earlier. — as of 24 July 2026.
What is SBC Exports Ltd's revenue?
SBC Exports Ltd reported revenue of ₹70.5 Cr in the Dec 25 quarter, +40.9% year on year. For the full FY25 fiscal year, revenue was ₹231 Cr (+21.6%). Over the last 10 years revenue compounded at 30.6% a year. — as of 24 July 2026.
What is SBC Exports Ltd's profit?
SBC Exports Ltd earned ₹9.4 Cr of net profit in the Dec 25 quarter, +181.0% year on year — the 2nd straight quarter of growth. Full-year FY25 profit was ₹12.0 Cr. The operating margin ran 13.9% in the latest quarter. — as of 24 July 2026.
What is SBC Exports Ltd's market cap?
SBC Exports Ltd's market capitalisation is ₹1,541 Cr at a share price of ₹32.3. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 24 July 2026.
What is SBC Exports Ltd's P/E ratio?
SBC Exports Ltd trades at a P/E of 58.3×, at the 75th percentile of its own 7-year range, against a long-run median of 46.5×. This is a comparison with the stock's own history, not a value call — as of 24 July 2026.
Is SBC Exports Ltd overvalued?
On its own history, SBC Exports Ltd looks expensive against its own history: its P/E of 58.3× sits at the 75th percentile of its 7-year range (long-run median 46.5×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 24 July 2026.
Is SBC Exports Ltd growing?
Yes — SBC Exports Ltd is growing: latest-quarter revenue +40.9% year on year, profit +181.0%, and the margin +10.8 pp at 13.9%. The earnings engine currently reads: improving — as of 24 July 2026.
How is SBC Exports Ltd performing?
SBC Exports Ltd is in a confirmed uptrend, 31 weeks in. Its latest quarter's revenue rose 40.9% and profit rose 181.0% year on year. Against the NIFTY 500 it has been ahead on a trailing-13-week view for 39 weeks. This describes what the data did, not a rating. — as of 24 July 2026.
What stage is SBC Exports Ltd in?
Turning around — profit growth swung from −4.9% at the trough to +181.0% off a 2-quarter-old trough (single-quarter readings), ROCE slipping at 16.0%. The read comes from the last 12 quarters of growth (revenue growth +40.9% latest, profit growth +181.0% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 24 July 2026.
Is SBC Exports Ltd in an uptrend?
Yes — the price is in a confirmed uptrend (week 31 of stage 2), trading +32.4% versus its 200-day average and at 100% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 24 July 2026.
Is SBC Exports Ltd beating the market?
On recent form, yes — SBC Exports Ltd has been ahead of the NIFTY 500 on a trailing-13-week view for 39 straight weeks, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 6.7 years the stock moved +5,887% against the NIFTY 500's +139% — ahead of the index over the full window. — as of 24 July 2026.
Will SBC Exports Ltd's share price go up?
This page publishes no price forecast for SBC Exports Ltd. What it measures instead: the share price is ₹32.3, the price is in a confirmed uptrend 31 weeks in. Its P/E of 58.3× sits at the 75th percentile of its own 7-year range. — as of 24 July 2026.
Who owns SBC Exports Ltd?
Promoters hold 50.4% of SBC Exports Ltd, foreign institutions 2.0%, domestic institutions 0.0% and the public 47.6% (latest quarter). The biggest move on the register over the last two years: Promoters cut 15.6 points over 8 quarters. — as of 24 July 2026.
Does SBC Exports Ltd have too much debt?
It carries real leverage — SBC Exports Ltd's debt-to-equity is 2.36, and operating profit covers the interest bill 2×. FY25 borrowings were ₹130 Cr against equity of ₹55.0 Cr. Read the returns on this page with that leverage in mind — as of 24 July 2026.
What is SBC Exports Ltd's capex?
SBC Exports Ltd spent ₹24.0 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY25 alone that was ₹4.0 Cr, with ₹3.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 24 July 2026.
What is SBC Exports Ltd's cash flow?
SBC Exports Ltd generated ₹−65.0 Cr of operating cash flow in FY25 and ₹−69.0 Cr of free cash flow after ₹4.0 Cr of capital spending. Reported profit that year was ₹12.0 Cr, so operating cash ran behind profit. Cash-flow resolution for India is annual. — as of 24 July 2026.
Is SBC Exports Ltd's profit real cash?
Not fully — over the last 3 fiscal years, −264% of SBC Exports Ltd's reported profit arrived as operating cash. In FY25, operating cash was ₹−65.0 Cr against reported profit of ₹12.0 Cr. The cash then goes mostly into the working-capital cycle. Cash-flow resolution is annual — as of 24 July 2026.
Where is SBC Exports Ltd in its business cycle?
SBC Exports Ltd's FY25 operating margin was 7.0%, against a 12-year band of 0.0%–9.0%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 13.9%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 24 July 2026.
What could break the SBC Exports Ltd story?
The sharpest disagreement: profits are rising, but only −264% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 24 July 2026.
Is SBC Exports Ltd a stock worth studying right now?
This is not investment advice. The machine read: SBC Exports Ltd's price has outrun its earnings. +134.1% in a year against EPS +25.0% — the market is paying now for delivery later. The sharpest open question: whether the cash starts following the profit. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 24 July 2026.