Sportking India Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Sportking India reported revenue growth and improved profitability in Q1 FY27, driven by better yarn realizations, strong export demand and disciplined raw material procurement despite rising cotton prices. The company reported an EBITDA margin of 18.8% and a spread of INR133 per kg versus INR107 in the prior quarter. Management discussed the commissioning of its solar power project and progress on its 150,000-spindle greenfield expansion in Odisha, expected to start production in Q3 FY27.
Sportking India reported stable revenue with improved profitability in Q4 FY26, driven by better yarn realization and demand for cotton yarn. Management cited a resurgence in Chinese import demand, renewed Bangladesh optimism, and rupee depreciation as key tailwinds during the quarter. The company also outlined progress on its solar power project, a greenfield spindle expansion, and two proposed acquisitions in dyeing and manufacturing.