Textile stock jumps 6% after announcing strong results and ₹1,000 Cr capexTextile stock jumps 6% after announcing strong results and ₹1,000 Cr capex

Introduction

Leading textile manufacturer reported a net profit of ₹35.2 crore in Q1 FY26, reflecting a 10.4% year-on-year growth, driven by improved margins despite a decline in revenue and EBITDA during the quarter.

Also Read: Q1 Results: Stock jumps 5% after reporting 83% growth in net profits; Approves 1:5 stock split

Share price movement of Sportking India

On August 4, 2025, Sportking India Ltd opened at ₹112.95, up 1.94% from its previous close of ₹110.80. The stock touched a high of ₹117.55 (5.88%) and a low of ₹111.65. By 4:01 PM, it traded at ₹115.45, marking a 4.20% gain, with a market cap of ₹1,467.05 crore.

Sportking India Limited Reports Q1 FY26 Results

Sportking India Limited reported a 10.4% year-on-year (YoY) increase in profit after tax (PAT) to ₹35.2 crore in Q1 FY26, compared to ₹31.8 crore in Q1 FY25. However, profit declined 2.7% quarter-on-quarter (QoQ) from ₹36.1 crore in Q4 FY25.

Additionally, the company has approved a Greenfield Expansion Project to increase its spinning capacity by 40% with 1.5 lakh new spindles in Odisha, involving a total investment of ₹1,000 crore.

The company’s operational revenue stood at ₹585.8 crore in Q1 FY26, marking a 7.6% YoY decline from ₹634.0 crore. On a sequential basis, revenue was down 6.8% compared to ₹628.8 crore in the previous quarter, indicating lower sales activity.

EBITDA for the quarter came in at ₹70.5 crore, down 4.5% YoY from ₹73.8 crore. QoQ, EBITDA dropped 5.1% from ₹74.3 crore. Despite lower revenue, margins improved slightly due to better cost efficiencies.

Ace investor holding in Sportking India

Anil Kumar Goel holds a 2.99% stake in Sportking India Ltd, owning 38,00,000 shares valued at ₹43.7 crore.

Seema Goel holds a 1.70% stake in Sportking India Ltd, owning 21,60,000 shares valued at ₹24.8 crore.

Stock performance of Sportking India for Period of 1 week, 6 months, and 1 year

Also Read: Tata group stock jumps 4% after announcing 1:10 stock split and strong Q1 results

Shareholding pattern of Sportking India

Particulars	Jun 2025	Mar 2025	Dec 2024
Promoter	74.40%	74.40%	74.40%
FII	0.10%	0.00%	0.20%
DII	0%	0%	0.20%
Public	25.60%	25.60%	25.30%

About Sportking India

Sportking India Ltd (NSE: SPORTKING), established in 1989, is a leading textile company producing high-quality yarns across three advanced facilities, serving both domestic and international markets in over 30 countries.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Sportking India Ltd share price going up today?

A: The stock of Sportking India Ltd rose after the company reported a 10.4% YoY increase in Q1 FY26 net profit.

Q: What does Sportking India Ltd specialize in?

A: Sportking India Ltd specializes in manufacturing high-quality grey and dyed textile yarns for domestic and global markets.

Q: How much stake do promoters hold in Sportking India Ltd stock?

A: Promoters currently hold a significant stake of over 74.4% in Sportking India Ltd.