Sportking India Ltd

Sportking India Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Sportking India Ltd

₹ 776 8.15%
06 Jun 3:40 p.m.
sportking.co.in BSE: 539221 NSE : SPORTKING
About

Sportking India Limited, a part of the Sportking Group, is a textile manufacturing company engaged in the production of Yarns (Cotton Yarn, Synthetic Yarn, Blended Yarn), fabrics and garments. [1][2]

Key Points

Diversified Product Range
The Co.’s product offerings include 100% Cotton Yarns, Polyester/Cotton Blended Yarns, Fancy Yarns, Dyed Yarns, and Acrylic & Acrylic/Polyester Blended Yarns. [1]

Website BSE NSE
  • Market Cap ₹ 1,031 Cr.
  • Current Price ₹ 776
  • High / Low ₹ 1,123 / 634
  • Stock P/E 6.76
  • Book Value ₹ 677
  • Dividend Yield 0.00 %
  • ROCE 18.1 %
  • ROE 18.3 %
  • Face Value ₹ 10.0
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Pros

  • Stock is trading at 1.05 times its book value
  • Company has delivered good profit growth of 51.6% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 38.9%
  • Debtor days have improved from 55.8 to 38.7 days.
  • Company's working capital requirements have reduced from 118 days to 91.1 days

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company might be capitalizing the interest cost

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Textiles Industry: Textiles - Spinning - Synthetic / Blended

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Quarterly Results

Figures in Rs. Crores

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
324 221 321 351 413 450 524 587 593 606 552 513 534
294 198 295 291 312 325 369 424 439 472 503 473 478
Operating Profit 30 23 26 60 102 125 155 163 154 134 49 40 56
OPM % 9% 10% 8% 17% 25% 28% 30% 28% 26% 22% 9% 8% 10%
0 2 7 5 -18 2 10 6 6 1 -26 5 2
Interest 14 12 10 8 8 9 6 4 10 9 6 6 2
Depreciation 15 13 13 13 13 13 11 10 10 10 10 14 14
Profit before tax 1 1 10 44 64 106 147 155 140 116 7 25 42
Tax % 8% 29% 7% 31% 30% 25% 25% 25% 26% 29% 100% 27% 26%
Net Profit 1 0 10 30 44 79 110 116 104 83 0 18 31
EPS in Rs 0.87 0.25 6.70 21.36 33.33 59.39 82.91 87.40 78.24 62.53 0.01 13.58 23.23
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
762 859 1,064 1,127 1,035 1,010 1,053 1,160 1,354 1,305 2,153 2,205
705 724 895 993 909 892 952 1,031 1,218 1,094 1,554 1,926
Operating Profit 56 135 170 134 126 118 101 129 136 211 599 279
OPM % 7% 16% 16% 12% 12% 12% 10% 11% 10% 16% 28% 13%
7 2 1 17 4 14 13 2 3 -3 24 -18
Interest 53 71 81 79 51 40 29 39 58 38 32 23
Depreciation 26 41 47 70 59 58 56 54 63 52 44 48
Profit before tax -15 25 43 3 20 35 29 38 18 118 547 190
Tax % -70% -30% 36% -204% 44% 37% 34% 36% 32% 28% 25% 30%
Net Profit -26 32 27 8 11 22 19 24 12 85 409 132
EPS in Rs -18.36 22.65 19.32 5.65 8.01 15.34 13.49 16.92 8.70 63.56 308.00 99.33
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 10%
5 Years: 16%
3 Years: 18%
TTM: 2%
Compounded Profit Growth
10 Years: 17%
5 Years: 52%
3 Years: 131%
TTM: -63%
Stock Price CAGR
10 Years: %
5 Years: 89%
3 Years: 136%
1 Year: -30%
Return on Equity
10 Years: 26%
5 Years: 32%
3 Years: 39%
Last Year: 18%

Balance Sheet

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
12 12 12 12 12 3 3 3 3 3 13 13
Reserves 76 108 136 142 153 179 198 237 249 353 754 886
386 589 668 529 562 592 479 505 573 504 538 474
257 81 119 104 92 95 143 360 141 171 249 201
Total Liabilities 722 781 927 778 811 869 823 1,105 966 1,032 1,554 1,575
370 429 497 442 399 340 293 471 466 417 382 757
CWIP 30 2 1 10 2 7 24 33 0 0 73 7
Investments 0 0 0 0 0 0 0 0 0 0 0 0
322 350 429 326 410 521 507 601 499 615 1,099 811
Total Assets 722 781 927 778 811 869 823 1,105 966 1,032 1,554 1,575

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
79 64 98 243 23 111 139 97 148 103 96 520
-157 -68 -107 -25 -10 -5 -37 -106 -142 -3 -103 -392
82 3 4 -219 -13 -108 -101 8 -5 -101 7 -117
Net Cash Flow 5 -0 -5 -2 0 -2 0 -0 1 -1 -0 11

Ratios

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 42 33 34 21 17 55 46 61 48 59 70 39
Inventory Days 111 129 131 78 146 173 148 150 85 129 163 88
Days Payable 123 11 17 14 10 12 42 83 31 40 39 24
Cash Conversion Cycle 31 152 147 85 153 216 151 128 102 148 194 102
Working Capital Days 23 106 101 67 104 144 103 59 92 126 137 91
ROCE % 9% 16% 16% 11% 10% 10% 8% 11% 10% 21% 53% 18%

Shareholding Pattern

Numbers in percentages

Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Apr 2023
69.18 74.16 74.16 74.16 74.06 74.11 74.15 74.15 74.15 74.15 74.15 74.36
0.00 0.00 0.00 0.00 0.22 0.00 0.00 0.00 0.00 0.00 0.00 0.00
30.82 25.84 25.84 25.84 25.73 25.89 25.85 25.85 25.86 25.85 25.86 25.62

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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