Sportking India Ltd (BOM:539221)
₹ 212.7 (0%) Market Cap: 27.03 Bil Enterprise Value: 31.74 Bil PE Ratio: 16.76 PB Ratio: 2.42 GF Score: 58/100

Q2 2026 Sportking India Ltd Earnings Call Transcript

Nov 12, 2025 / 09:30 AM GMT
Release Date Price: ₹102.77 (-0.30%)

Key Points

Positve
  • Sportking India Ltd (BOM:539221) achieved a 4.8% year-over-year increase in gross profit for Q2 FY26.
  • Gross profit margins expanded by 197 basis points year-over-year, reaching 24.1%.
  • The company reported a significant increase in export sales, with exports contributing 53% to the revenue in Q2 FY26, up from 46% in the previous year.
  • The company has successfully reduced its short-term borrowing by approximately INR 850 crores, improving its debt-equity ratio to 0.48 from 0.58.
  • The government’s removal of import duty on cotton and reduction of GST on garments are expected to boost demand and improve margins.
Negative
  • Domestic demand was muted due to higher US tariffs and global macroeconomic uncertainties.
  • Export demand, while stable, came at the cost of lower margins.
  • The company faced a decline in realization due to a decrease in cotton yarn spreads, impacting revenue despite increased volumes.
  • Interest costs increased due to foreign exchange fluctuations, despite a reduction in short-term borrowing.
  • The textile industry is experiencing consolidation, with many old spinning mills shutting down, which could impact supply dynamics.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

SPOT.NS - Sportking India Ltd
Q2 2026 Sportking India Ltd Earnings Call
Nov 12, 2025 / 09:30AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Ladies and gentlemen, good day and welcome to Sport King India Limited Q2 and H1FI26 earnings conference call hosted by MUFG in time. As a reminder, all participant lines will be in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing, then 0 on your touchstone phone.

Please note that this conference is being recorded. I now hand the conference over to Miss Darshi Jane.

Thank you and over to you, ma'am.

Thank you.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
7-Day Free Trial · Cancel Anytime
Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot