BSE: SPORTKING CMP: Rs 174.76 P/E: 18.51x ROCE: 13.00% 6M Ret: +100.44% Div Yld: 0.57% ATH: Rs 204.70
Key Performance Indicators
Sportking India trades at Rs 174.76 on BSE (SPORTKING), with a market capitalisation of Rs 2216.23 crore. The price-to-earnings ratio is 18.51x. Return on capital employed stands at 13.00%. The six-month return is +100.44%. Quarterly net profit is Rs 32.76 crore (-7.30% year-on-year change). Quarterly sales stand at Rs 636.78 crore (+1.27% year-on-year). The dividend yield is 0.57%. The all-time high is Rs 204.70, 17.1% above the current price.
Highlights
Sportking India has delivered a six-month return of 100.44%, with a market capitalisation of Rs 2216.23 crore at the current price of Rs 174.76. The all-time high of Rs 204.70 sits 17.1% above the current price, indicating the stock has corrected from its historical peak and offers headroom for appreciation toward that level. The company's ROCE of 13.00% — in the solid 12–15% range, indicating good capital efficiency — is a key distinguishing fundamental metric.
The P/E of 18.51x is at or below the Indian market average — an attractive entry multiple if the ROCE and earnings growth profile is sustainable. The dividend yield of 0.57% provides a meaningful income component — a signal of cash generation capability and management's willingness to return capital. The industrials sector tailwinds — industrial PLI schemes, infrastructure investment, and manufacturing growth — provide structural support for sustained revenue and earnings growth.
Business Overview
Sportking India is an integrated textile company manufacturing cotton yarn and fabric, with a focus on performance and technical textile applications. The company operates large-scale spinning capacity serving domestic garment manufacturers, export textile companies, and technical textile end-users. India's textile sector benefits from the PLI scheme for textiles and apparel, which incentivises capacity expansion in man-made fibre and technical textile segments alongside traditional cotton textiles.
The quarterly profit of Rs 32.76 crore — declining 7.30% year-on-year — on revenue of Rs 636.78 crore growing 1.27% reflects a profitable large-scale spinning business navigating a period of margin pressure. The P/E of 18.51 times and dividend yield of 0.57% indicate an established, income-generating industrial company. The ROCE of 13.00% crosses the benchmark threshold. The six-month return of 100.44% and the all-time high of Rs 204.70 — Rs 29.94 above the current price of Rs 174.76 — indicate meaningful headroom toward the historical peak.
Financial Analysis
Sportking India's most recent quarterly financial results show revenue of Rs 636.78 crore (+1.27% year-on-year) and net profit of Rs 32.76 crore (-7.30% year-on-year variation). Revenue and profit growth are broadly aligned, indicating a business that is scaling without dramatic margin compression or expansion — a stable, predictable compounding profile.
The ROCE of 13.00% is the primary quality indicator for this business. At 13.00%, the business generates solid capital returns, indicating competitive positioning that allows it to earn above-average returns without extraordinary competitive advantages. Tracking ROCE improvement over time provides a leading indicator of business quality enhancement.
At Rs 2216.23 crore — a small-cap company — Sportking India may have limited institutional research coverage, making self-directed analysis of BSE exchange filings, quarterly results, and annual reports especially important for investors forming an investment view.
Investor Highlights
The investment case for Sportking India rests on the combination of a 13.00% ROCE — indicating a capital-efficient business with sustainable competitive advantages — and a demonstrated revenue and earnings growth trajectory that supports the current P/E of 18.51x. The combination of solid ROCE with consistent earnings growth creates a compounding engine where both business scale and per-share earnings grow simultaneously, supporting share price appreciation over a full investment cycle.
With the current price 17.1% below the all-time high of Rs 204.70, there is established headroom toward the historical peak. If fundamental performance continues to deliver quarterly profit growth and improving ROCE, the stock has a reference target for re-rating toward the all-time high level.
The dividend yield of 0.57% provides a foundational income return that is independent of capital appreciation — a meaningful characteristic for investors who value income alongside growth. A dividend-paying company with a positive ROCE above 15% is distributing cash it does not need for reinvestment at attractive rates, implying the business generates more cash than its optimal reinvestment requirements. Investors should access the company's latest annual report and quarterly results on the BSE/NSE portal for current financial data and management commentary on the growth outlook.
Frequently Asked Questions
Q: What does Sportking India do and why has it delivered a 100.44% six-month return?
A: Sportking India operates in India's industrials sector. The 100.44% six-month return reflects a combination of sector-level tailwinds, improving quarterly financial performance — quarterly profit changing -7.30% and revenue growing 1.27% year-on-year — and market re-rating of the company's growth and quality profile. Specific business details and catalysts are documented in BSE/NSE exchange filings.
Q: What does the ROCE of 13.00% indicate about Sportking India's business quality?
A: Sportking India's ROCE of 13.00% measures pre-tax profit generated per rupee of total capital employed. At 13.00%, the business generates solid above-average returns on capital, indicating a competitive position that delivers good operating profitability relative to the asset base deployed. Tracking ROCE over multiple quarters provides a leading indicator of business quality improvement or deterioration.
Q: How does the P/E of 18.51x compare to fundamentals for Sportking India?
A: The P/E of 18.51x should be assessed in conjunction with the earnings growth rate and ROCE. At 18.51x — below or at the Indian market average — the stock is conservatively priced for a business generating 13.00% ROCE, potentially representing a value opportunity if the earnings growth profile is sustained.
Q: What is Sportking India's all-time high and how far is the current price from it?
A: Sportking India's all-time high is Rs 204.70. The current price of Rs 174.76 is 17.1% below the all-time high, offering potential headroom for appreciation if fundamental performance supports continued market re-rating. The all-time high provides a reference ceiling that informs sentiment and potential price target discussion, though fundamental value — determined by earnings, ROCE, and growth — is the primary determinant of sustainable price levels.
Q: Where can investors access Sportking India's official financial data and disclosures?
A: Sportking India's quarterly results, annual reports, investor presentations, shareholding patterns, and all material corporate announcements are filed with BSE and are freely accessible through the exchange filing portals at nseindia.com and bseindia.com. SEBI listing regulations mandate timely disclosure of all financial results and material developments. These filings are the primary source of verified financial and operational data for investment analysis.