Sportking India Limited - manufacturing in Ludhiana, Punjab, India. FY 2026 financials & compliance.
CIN L17122PB1989PLC053162 Incorporated 15 February 1989 ROC Chandigarh HQ Ludhiana, Punjab, India
Active Listed - NSE: SPORTKING · BSE: 539221 Public Limited Company manufacturing
Market Cap
₹2,639 Cr
SPORTKING · NSE
Share Price
₹202.48
-2.50% today
Revenue
₹2,496 Cr
FY 2025-26 · -1.1% YoY
EBITDA
₹290 Cr
Margin 11.6%
Net Profit
₹119 Cr
FY 2025-26 · +7.6% YoY
P/E (TTM)
11.5x
P/B 2.1x
ROE
12.2%
ROCE 13.1%
Debt / Equity
0.48
Interest cover 25.3x

About Sportking India Limited

Data last updated:

Sportking India Limited is a public limited company based in Ludhiana, Punjab, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 15 February 1989 and has been in existence for over 37 years.

Its director Munish Avasthi and family are #1,113 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN L17122PB1989PLC053162. Its GSTIN is 03AAACS3037Q1ZA (Punjab). The company holds 3 GST registrations, of which 2 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 539221 and NSE: SPORTKING.

The company has an authorised share capital of ₹35 Cr and a paid-up capital of ₹19.54 Cr. It is led by directors including Munish Avasthi (Managing Director) and Chetan Rupal (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Village Kanech Near Sahnewal G T Road, Ludhiana, Punjab, India – 141120.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹2,495.86 Cr, a decline of 1.1% compared to the previous year. For the same year it recorded a net profit of ₹119.39 Cr (net margin 4.8%) and EBITDA of ₹290.41 Cr (EBITDA margin 11.6%). The net worth stands at ₹1,133.37 Cr (up 10.9% YoY). Total assets are valued at ₹1,602.99 Cr (down 0.4% YoY).

The company has about 5,540 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Sportking. As per MCA filings, the company has open charges of ₹2,115.68 Cr and satisfied charges of ₹1,368.15 Cr on record. Court records list 52 cases involving the company, including 28 filed by the company and 24 filed against it; 6 cases are pending. The company has 10 deals on record (5 funding rounds, 3 secondary share transfers, 2 market trades), with disclosed funding of ₹81.91 Cr; the latest was in March 2024. Its 6 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (manufacture of textiles) are compared by revenue, 2 larger and 4 smaller; the largest is Jay Jay Mills India Private Limited with revenue of ₹2,700.62 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 4 overdue payments to 2 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sportking.co.in.

Company details

CIN L17122PB1989PLC053162
Registration Number 053162
Incorporation Date 15 February 1989
ROC Chandigarh
Listing Status Listed - Listed on NSE (SPORTKING); Listed on BSE (539221)
Company Status Active
Compliance Status Active Compliant

CIN history

Sportking India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L17122PB1989PLC053162, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L17122PB1989PLC053162Current
L17122DL1989PLC035050Previous
U17122DL1989PLC035050Previous

Recognitions & Rankings of Sportking India

Contact details

Sportking India Limited's registered office is in Ludhiana, Punjab. Its website is sportking.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Village Kanech Near Sahnewal G T Road, Ludhiana, Punjab, India – 141120
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Sportking India Limited, buy the company report.

Comprehensive company report
Sportking India Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
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Brands

Sportking India operates one associated brand: Sportking. Each brand links to its own profile.

BrandDescriptionWebsite
Yarns, fabrics, and garments are manufactured and retailed by Sportking.sportking.co.in

Business activity

The main business activity of Sportking India is manufacturing. In detail, this covers manufacture of textiles.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing13Manufacture of textiles

To see the full business activity and turnover split of Sportking India Limited, buy the company report.

Financials of Sportking India Limited

FY 2025-26 filings available

Sportking India Limited reported revenue of ₹2,495.86 Cr (down 1.1% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹2,496 Cr
-1.1% YoY
EBITDA
₹290 Cr
+7.2% YoY
Profit After Tax
₹119 Cr
+7.6% YoY
Net Worth
₹1,133 Cr
+10.9% YoY
Total Assets
₹1,603 Cr
-0.4% YoY
Total Debt
₹454 Cr
-20.4% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue2,4962,5242,3772,2052,1541,3061,355
Revenue growth-1.1%+6.2%+7.8%+2.4%+64.9%-3.6%-
EBITDA290271209252599189136
EBITDA margin+11.6%+10.7%+8.8%+11.4%+27.8%+14.5%+10.1%
Profit before tax16115495.9118954711818.29
Net profit11911170.4115340999.6712.37
Net profit margin+4.8%+4.4%+3.0%+6.9%+19.0%+7.6%+0.9%
EPS (₹)9.308.7954.6798.14304.32242.7235.68
Balance sheet
Total assets1,6031,6101,7931,3861,316874838
Net worth1,1331,022902900767357252
Total debt454570875474538504573
Cash & bank1.090.751.4667.6224.850.831.59
Net working capital8228431,011618833452374
Cash flow
Cash from operations292415(236)52095.63103148
Cash from investing(93.76)(66.71)(45.61)(392)(103)(2.54)(142)
Cash from financing(198)(349)271(117)6.91(101)(4.97)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue781704637646627586629610
Revenue growth (YoY)+24.5%+20.1%+1.3%+5.9%-3.7%-7.6%--
Other income0.832.31(7.94)2.548.0411.968.973.18
Total expenses626571551580562516555550
EBITDA15513285.4465.6465.4069.4973.5759.25
EBITDA margin+19.8%+18.8%+13.4%+10.2%+10.4%+11.9%+11.7%+9.7%
Depreciation13.9023.5823.4023.7323.7323.6523.1922.57
Interest12.158.7410.1111.6012.0911.329.2615.21
Profit before tax13010243.9932.8537.6246.4850.0924.65
Tax33.3026.2311.228.269.3512.3914.766.15

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 14 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue781704637646627586629610
Revenue growth (YoY)+24.5%+20.1%+1.3%+5.9%-3.7%-7.6%--
Other income0.832.31(7.94)2.548.0411.968.973.18
Total expenses626571551580562516555550
EBITDA15513285.4465.6465.4069.4973.5759.25
EBITDA margin+19.8%+18.8%+13.4%+10.2%+10.4%+11.9%+11.7%+9.7%
Depreciation13.9023.5823.4023.7323.7323.6523.1922.57
Interest12.158.7410.1111.6012.0911.329.2615.21
Profit before tax13010243.9932.8537.6246.4850.0924.65
Tax33.3026.2311.228.269.3512.3914.766.15
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue2,4962,5242,3772,2052,1541,3061,355
Revenue growth-1.1%+6.2%+7.8%+2.4%+64.9%-3.6%-
Other income14.6026.7935.7111.5224.1518.602.99
Total expenses2,2052,2532,1681,9531,5551,1171,219
Employee cost14214313911610586.6397.16
EBITDA290271209252599189136
EBITDA margin+11.6%+10.7%+8.8%+11.4%+27.8%+14.5%+10.1%
Depreciation94.5089.6485.8948.1543.8651.7363.34
Interest49.5554.3062.5826.2431.8738.3357.53
Profit before tax16115495.9118954711818.29
Tax41.2340.5525.5657.5213833.465.92
Net profit11911170.4115340999.6712.37
Net profit margin+4.8%+4.4%+3.0%+6.9%+19.0%+7.6%+0.9%
EPS (₹)9.308.7954.6798.14304.32242.7235.68
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital10810590.2090.7890.783.483.46
Reserves & surplus1,026917812809677276190
Shareholders' funds (net worth)1,1331,022902900767357252
Secured loans445570830438364416455
Unsecured loans9.040.8045.3036.0617487.58118
Total debt454570875474538504573
Total liabilities1,6031,6101,7931,3861,316874838
Assets
Gross block1,3681,3041,2431,129706696696
Net block729759786757382417466
Capital work in progress14.714.940.006.6273.230.000.00
Investments14.110.000.000.000.000.000.00
Inventories391435645372522281211
Sundry debtors396456356234411211177
Cash & bank balances1.090.751.4667.6224.850.831.59
Loans & advances15793.0815211210010592.70
Total current assets9469851,1557851,058598483
Total current liabilities124142144167225146109
Net working capital8228431,011618833452374
Total assets1,6031,6101,7931,3861,316874838
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.501.4511.560.540.831.590.68
Net cash from operating activities292415(236)52095.63103148
Net cash from investing activities(93.76)(66.71)(45.61)(392)(103)(2.54)(142)
Net cash from financing activities(198)(349)271(117)6.91(101)(4.97)
Net change in cash0.17(0.95)(10.11)11.02(0.29)(0.76)0.91
Closing cash1.090.751.4667.6224.850.831.59
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-1.1%+6.2%+7.8%+2.4%+64.9%-3.6%-
EBITDA growth+7.2%+29.8%-17.3%-57.9%+216.2%+39.1%-
PBT growth+4.7%+60.3%-49.4%-65.4%+363.9%+545.2%-51.7%
Net income growth+7.6%+57.6%-53.9%-62.7%+310.4%+705.7%-
Revenue CAGR (3Y)+4.2%+5.4%+22.1%+17.6%+22.9%+7.4%+10.1%
EBITDA CAGR (3Y)+4.8%-23.3%+3.3%+22.8%+66.9%+23.2%+4.8%
Profitability & leverage
Net income margin+4.8%+4.5%+3.0%+6.0%+19.0%+6.5%+0.9%
Return on capital employed+13.1%+12.2%+10.0%+18.2%+52.9%+20.8%+9.5%
Return on net worth+12.2%+12.9%+8.5%+20.2%+78.2%+32.7%+5.0%
Debt / equity0.480.750.750.610.931.772.19
Long-term debt / equity0.290.380.410.290.300.730.81
Interest cover25.2929.9750.9712.855.7427.8378.99
Efficiency & per share
Fixed asset turnover1.871.982.002.403.071.882.03
Inventory turnover6.044.674.674.935.365.305.20
Debtors turnover5.866.218.066.846.926.727.30
EPS (₹)9.308.7954.6798.14304.32242.7235.68
Dividend per share (₹)1.001.005.000.000.000.000.00
Book value per share (₹)80.7172.24641.20611.53513.19802.69559.79

To see the full year-wise statements and ratios of Sportking India Limited, buy the company report.

Board of directors of Sportking India Limited

Sportking India has 6 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Munish AvasthiManaging Director25 Oct 199927 Years 0 MonthsCurrent
Harpreet KangDirector17 Oct 20206 Years 0 MonthsCurrent
Sandeep KapurDirector03 Nov 20188 Years 0 MonthsCurrent
Anjali AvasthiDirector03 Sep 20224 Years 2 MonthsCurrent
Chetan RupalWhole-Time Director02 Aug 20251 Years 3 MonthsCurrent
Puneet SinghaniaDirector02 Aug 20251 Years 3 MonthsCurrent

Peer comparison

Sportking India Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (manufacture of textiles), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Jay Jay Mills India Private Limited₹2,700.62 Cr (FY 2025)10.0%Tamil Nadu, India
Sutlej Textiles and Industries Limited₹2,698.53 Cr (FY 2025)-1.0%Jhalawar, Rajasthan, India
Kanchan India Limited₹2,521.23 Cr (FY 2025)8.0%Bhilwara, Rajasthan, India
Sportking India Limitedthis company₹2,495.86 Cr (FY 2026)₹119.39 Cr4.8%-1.1%5,540Ludhiana, Punjab, India
Pallava Textiles Private Limited₹2,420.13 Cr (FY 2025)8.0%Erode, Tamil Nadu, India
Chiripal Industries Limited₹2,243.19 Cr (FY 2025)35.0%Ahmedabad, Gujarat, India
Siyaram Silk Mills Limited₹2,129.65 Cr (FY 2024)-6.0%Thane, Maharashtra, India

To see the full peer comparison of Sportking India Limited, buy the company report.

Auditor

Sportking India Limited is audited by SCV & CO. LLP for the financial year 2025.

Auditor firmFinancial yearFirm registration number
SCV & CO. LLPFY 2025000235N

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 74.40%, foreign institutional investors hold 0.40%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 25.30%.

Promoters: 74.40%FII (Foreign Institutional): 0.40%Retail & Others: 25.30%
Sep 2026
QUARTER
74.40% Promoters
0.40% FII (Foreign Institutional)
25.30% Retail & Others
Promoter holding - history
Now 74.40% · Sep 2026High 74.40% · Dec 2025Low 74.40% · Dec 2025
73%73.8%74.5%75.3%76%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 74.40%Mar 2026: 74.40%Jun 2026: 74.40%Sep 2026: 74.40%74.40%74.40%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters74.40%74.40%74.40%74.40%
Public25.60%25.60%25.60%25.60%

Charges & borrowings

Open charges
₹2,115.68 Cr
Satisfied charges
₹1,368.15 Cr
Breakdown by lending institutions
Others₹1,385.68 Cr
Sbicap Trustee Company Limited₹730.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 May 2026101301948Sbicap Trustee Company Limited₹675 CrOpen
02 Dec 2024101016754Others₹1.33 CrOpen
19 Jul 2024100952930Sbicap Trustee Company Limited₹25 CrOpen
19 Jul 2024100953631Sbicap Trustee Company Limited₹30 CrOpen
15 Sep 2023100788753Others₹2.59 CrOpen

To see the full charge records of Sportking India Limited, buy the company report.

Total charge records: 78 View all charges

Deals & funding

Sportking India Limited has 10 deals on record (5 funding rounds, 3 secondary share transfers, 2 market trades), with disclosed funding of ₹81.91 Cr; the latest was in March 2024.

Total deals
10
Funding rounds
5
Secondary share transfers
3
Market trades
2
Disclosed funding
₹81.91 Cr

Deals on record (5 of 10)

WhenDealAmountParties
Mar 2024Secondary share transferUndisclosedSeller: Others - Sportking India Limited
Jul 2023Market trade₹11.08 CrBuyer: an individual
Jul 2023Market trade₹5.28 CrBuyer: an individual
Mar 2023Secondary share transferUndisclosedSeller: Redeemable Preference - Sportking India Limited
Mar 2021Secondary share transferUndisclosedSeller: Redeemable Preference - Sportking India Limited

To see the full deal history of Sportking India Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Sportking India Limited has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 4 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (2 of 2)

SupplierAmount dueDue sinceReported on
Silver Tex Industries
an individual supplier

To see the full MSME payment records of Sportking India Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Sportking India Limited has a workforce of 5,540 employees on its EPFO records as of May 2026, across 4 active EPFO establishments.

Employee count
5,540
Active EPFO establishments
4
Employee growth
-8.3%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-275,540
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Sportking India Limited, buy the company report.

GST

Sportking India has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
03AAACS3037Q1ZAPunjabActive01 Jul 2017
36AAACS3037Q1Z1TelanganaActive01 Jul 2017

To see the full GST registrations and return filing status of Sportking India Limited, buy the company report.

Recent activity

Sportking India Limited has 22 board changes on record since 1989: 14 appointments and 8 cessations. The latest: Prashant Kochhar ceased to be Director on 30 Aug 2025.

Charges
A charge with Sbicap Trustee Company Limited amounted to Rs. 675.00 Cr with Charge ID 101301948 was registered on 29 May 2026.
Filing
Sportking India Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Chandigarh.
Charges
A charge registered on 29 Nov 2022 via Charge ID 100649491 with Others was fully satisfied on 06 Mar 2026.
Charges
A charge registered on 18 Jan 2014 via Charge ID 10478468 with Central Bank Of India was fully satisfied on 06 Mar 2026.
Charges
A charge with Sbicap Trustee Company Limited of Rs. 25.00 Cr registered on 19 Jul 2024 with Charge ID 100952930 was modified on 31 Dec 2025.
Charges
A charge with Sbicap Trustee Company Limited of Rs. 30.00 Cr registered on 19 Jul 2024 with Charge ID 100953631 was modified on 31 Dec 2025.
Charges
A charge registered on 08 Sep 2023 via Charge ID 100783643 with Others was fully satisfied on 24 Sep 2025.
AGM
Sportking India Limited last Annual general meeting of members was held on 30 Aug 2025 as per latest MCA records.
Ceased
Prashant Kochhar ceased to be Director.
Appointed
Chetan Rupal was appointed as Whole-Time Director.
Appointed
Puneet Singhania was appointed as Director.
Ceased
Naresh Kumar Jain ceased to be Whole-Time Director.

185 earlier events are in the company report.

News

SPORTKING: Q2 SL NET PROFIT 964M RUPEES VS 283M (YOY)
30 Oct 2026 · Exchange Update
SPORTKING: Q2 REVENUE 7.8B RUPEES VS 6.3B (YOY)
30 Oct 2026 · Exchange Update
SPORTKING: Q2 EBITDA 1.55B RUPEES VS 654M (YOY); Q2 EBITDA MARGIN 19.8% VS 10.4% (YOY)
30 Oct 2026 · Exchange Update

Frequently asked questions

Sportking India is an active public limited company based in Ludhiana, Punjab, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 15 February 1989 (37+ years old) and is registered under CIN L17122PB1989PLC053162. Listed on BSE: 539221 and NSE: SPORTKING.

Sportking India reported revenue of ₹2,495.86 Cr for FY 2025-26 (down 1.1% YoY) based on standalone financials.

Sportking India has 6 current directors:

The latest financial statements of Sportking India on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 August 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Sportking India is 03AAACS3037Q1ZA, registered in Punjab. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 36AAACS3037Q1Z1 (Telangana).

The CIN (Corporate Identification Number) of Sportking India is L17122PB1989PLC053162. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Sportking India is a listed company as per MCA records. Its shares are listed on both BSE (code: 539221) and NSE (symbol: SPORTKING).

Sportking India has 52 court cases on record: 28 filed by the company and 24 filed against it. 6 are pending. Most are in the district courts.

Sportking India was incorporated on 15 February 1989, making it 37+ years old. It is registered with the Registrar of Companies, Chandigarh.

Sportking India has 10 deals on record (5 funding rounds, 3 secondary share transfers, 2 market trades), with disclosed funding of ₹81.91 Cr; the latest was in March 2024.

The peers of Sportking India by revenue are Jay Jay Mills India Private Limited, Sutlej Textiles and Industries Limited, Kanchan India Limited, Pallava Textiles Private Limited, Chiripal Industries Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (manufacture of textiles).

Prashant Kochhar ceased to be Director on 30 Aug 2025. Chetan Rupal was appointed as Whole-Time Director on 02 Aug 2025. Puneet Singhania was appointed as Director on 02 Aug 2025. Sportking India has 22 board changes on record in total.