Details:
Sportking India Limited has announced its financial results for the quarter and year ended March 31, 2025, demonstrating strong operational and financial performance. The company’s board met on May 1, 2025, and approved the standalone audited financial results, which reflect robust revenue growth and profitability. Total income for FY25 stood at ₹2,55,101.65 lakhs, with a net profit of ₹10,925.33 lakhs, a significant increase compared to the previous fiscal year. The earnings per share (EPS) also rose to ₹8.57 from ₹5.50 in FY24.
The board recommended a final dividend of ₹1 per equity share (₹1 face value) and a 5% dividend on non-cumulative preference shares, amounting to ₹1,270.72 lakhs and ₹34.16 lakhs respectively, subject to shareholder approval in the upcoming AGM. This move is aimed at rewarding shareholders while maintaining financial prudence.
Additionally, the board approved the appointment of M/s R.R. & Co. as Cost Auditors for FY26. Their extensive experience in cost audits and strategic cost management is expected to strengthen internal controls and cost efficiency.
Overall, Sportking continues its consistent performance trajectory in the textile industry with stable margins, positive cash flows, and effective governance.
🧾 Points:
🔹 Board Meeting Outcome (May 1, 2025):
✔ Approved audited standalone financials for Q4 and FY25
✔ Unmodified auditor’s report issued
🔹 Financial Highlights:
📊 FY25 Total Income: ₹2,55,101.65 lakhs
📈 Net Profit: ₹10,925.33 lakhs
💹 EPS: ₹8.57 (vs ₹5.50 in FY24)
🔹 Dividend Declared:
💵 ₹1 per equity share (Face value ₹1)
💼 5% on non-cumulative preference shares
📥 Total dividend outflow: ₹1,304.88 lakhs
🔹 Other Updates:
📑 Appointment of M/s R.R. & Co., Cost Accountants for FY26
🧾 Experienced in cost audits, certifications, and industry consulting
📈 Effect on Share Market
💡 The strong financials, stable dividend, and clean audit report are likely to boost investor confidence. Retail and institutional investors may view this as a positive signal, potentially leading to upward momentum in the SPORTKING stock. Moreover, appointment of experienced cost auditors also reflects sound internal control practices, further strengthening investor trust.
🏢 About the Company: Sportking India Limited
Sportking India Ltd is a prominent textile company based in Ludhiana, Punjab. Established in 1989, it is known for producing quality yarns and fabrics. It has a strong presence across India and caters to both domestic and international markets.
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🔷 CIN: L17122PB1989PLC053162
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🔷 Website: www.sportking.co.in
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🔷 Registered Office: Village Kanech, Near Sahnewal, G.T. Road, Ludhiana
📊 Key Market Data
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📌 BSE Code: 539221
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📌 NSE Symbol: SPORTKING
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🧾 Face Value: ₹1 per equity share
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💼 Market Cap: (refer to latest market source)
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📅 EPS FY25: ₹8.57
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💰 Final Dividend FY25: ₹1 per share
👥 How This Helps Retail Traders
✅ Stable Financial Growth: Reliable earnings and dividend indicate healthy financial status.
✅ Consistent Returns: Dividend payout supports long-term value investing.
✅ Transparency: Unmodified audit report and cost auditor appointment reflect strong corporate governance.
✅ Positive Signal: Likely to trigger buying interest in short to mid-term.
📊 SChat Demo:
👤 Investor A: Did you check Sportking’s results?
👤 Investor B: Yes! ₹10,925 lakhs profit and ₹1 dividend. Very solid. Might add more shares.
👤 Investor A: Same here. Clean audit too. Looks promising.
🗨 Phrase:
💬 “What’s your take on Sportking’s FY25 performance? Would you invest at this stage?”
📉 Stock Market Disclaimer
Disclaimer: This post is for informational and educational purposes only and does not constitute financial advice or a recommendation to buy/sell any stock or share. Investing in the stock market involves risk. Past performance is not indicative of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.