In Week of Mar 28, 2026, Sportking India Ltd (Textiles - Spinning) is outperforming Nifty 500 with +39.0% relative strength. Fundamentals: Average.
Weekly presence in the outperformers list. Green = beating Nifty 500 by 10%+ that week.
Based on Q3 FY26 earnings • Updated Feb 22, 2026
What: ₹1,000 crore capacity expansion starting Q4 FY26 with full ramp-up by Q2 FY27
Impact: +₹450 Cr revenue
“We'll be assuming new debt because of the capex in Odisha of maybe starting from next September -- August-September. - Munish Avasthi, Chairman”
What: Tariff elimination boosting export competitiveness and margins
Impact: +₹175 Cr revenue
“Management emphasized the importance of recent trade agreements with the US and EU, describing them as game changers for the Indian textile sector.”
What: Capacity reductions improving supply-demand dynamics for selective price increases
Impact: +₹125 Cr revenue
“Management noted ongoing industry consolidation, with capacity reductions in India and globally. This trend has contributed to improved supply-demand dynamics.”
Earnings deceleration risks from management commentary
Trigger: If full capacity not restored by Q1 FY27
Impact: -250 bps margin impact
Management view: The net impact of [fire] is not material.
Monitor: Q4 production volumes vs pre-fire levels
Trigger: Cotton prices increase >15% YoY
Impact: -250 bps margin impact
Management view: Stable raw material prices enabled better inventory optimization and improved purchase management.
Monitor: Gross margin trajectory vs cotton price index
Key quotes from recent conference calls
“We'll be assuming new debt because of the capex in Odisha of maybe starting from next September -- August-September. — Munish Avasthi”
“Gross profit margin stood at 23.4%, expanded by 0.6% Y-o-Y basis... EBITDA margin was at 10.2%, expanded by 45 basis points on year-to-year. — CFO”
“Both cotton production and cotton yarn sales remained cumulative similar in the quarter 3 FY '26 coming to 21,073 MT and 21,273 MT, respectively. — CFO”
“We expect to -- the revenue we expect to be the same as it was in this half -- in first half. We don't see any incremental revenue coming in because most of our -- we are working at full capacity and most of the debottlenecking exercise, which we undertook has already taken place. — Munish Avasthi”
Forward-looking targets from management for Next 12 months
Implied PAT Growth
25%
Capex Plan
₹1000 Cr
Key Milestones
• Odisha plant commissioning by Q4 FY26
• Debt reduction of ₹140 cr in next 15-16 months
Revenue, profit and margin growth rates
| Metric | YoY | 3Y CAGR | Trend |
|---|---|---|---|
| Revenue | +6% | +5% | Stable |
| PAT (Net Profit) | +39% | -36% | Stable |
| OPM | 10.0% | 0 bps | Expanding |
The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Feb 22, 2026.
Based on publicly available financial data. This is educational research, not investment advice.
Sportking India Ltd's latest quarterly results (Dec 2025) show
Sportking India Ltd's profit is growing with an stable trend.
Sportking India Ltd's revenue growth trend is stable.
Sportking India Ltd's operating margin is expanding.
Sportking India Ltd's long-term compounding rates
Sportking India Ltd's earnings growth is stable with negative momentum on a sequential basis.
Sportking India Ltd's trailing twelve month (TTM) performance
Sportking India Ltd appears significantly overvalued based on our fair value analysis.
Sportking India Ltd's current PE ratio is 11.8x.
Sportking India Ltd's current PE is 11.8x.
Sportking India Ltd's price-to-book ratio is 1.4x.
Sportking India Ltd is rated Average with a fundamental score of 48.11/100. This score is calculated from objective financial metrics
Sportking India Ltd has a debt-to-equity ratio of N/A.
Sportking India Ltd's return ratios over recent years
Sportking India Ltd's operating cash flow is positive (FY2025).
Sportking India Ltd's current dividend yield is 0.87%.
Sportking India Ltd's shareholding pattern (Dec 2025)
Sportking India Ltd's promoter holding has remained stable recently.
Sportking India Ltd has been outperforming Nifty 500 for 2 consecutive weeks, indicating early-stage outperformance.
Sportking India Ltd is a re-entry — it briefly dropped off the outperformance list but has now returned. Re-entries can signal renewed strength.
Sportking India Ltd has 3 key growth catalysts identified from recent earnings analysis
Sportking India Ltd has 2 key risks worth monitoring
In Q3 FY26, Sportking India Ltd's management highlighted
Sportking India Ltd's management has provided the following forward guidance for Next 12 months
Based on quantitative research signals, here is why Sportking India Ltd may be worth studying
Sportking India Ltd investment thesis summary:
Sportking India Ltd's forward outlook based on current data signals
The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.
