What we do Sportking India Ltd is a leading Indian textile company manufacturing diversified grey and dyed yarns for domestic and international weaving and knitting industries. |
Founded in 1,989 |
Market share Recognized as a Four Star Export House, it holds a strong position in India’s yarn manufacturing and exports to over 30 countries. |
Problem solved Provides high-quality, competitively priced yarns to meet evolving demands of textile manufacturers globally. |
Top clients or who we serve Serves weaving and knitting industries in India and 30+ international markets; B2B focus with global textile brands. |
Key management Munish Avasthi (Chairman & Managing Director), Puneet Singhania (Independent Director, CFA), Harpreet K Kang (Independent Director, Harvard Graduate). |
Our journey and innovations Built capacity from 6,520 spindles in 1993 to 3,78,576 by 2025, added rooftop solar power (25MW), and undertook forward integration plans. |
Where we operate India (Ludhiana, Bathinda, Kanech) and exports to over 30 countries worldwide. |
Top products or what we offer Produces 100% cotton, acrylic, polyester/cotton blended, and fancy yarns; advanced dyed yarns; diversified textile fibers. |
Top brands No specific brands; recognized for quality yarn products with international certifications like Oeko-Tex and GOTS. |
Raw materials needed Cotton, acrylic fibers, polyester, synthetic fibers for yarn production. |
Raw materials supplier Procures from domestic cotton producers and global synthetic fiber suppliers. |
Recurring vs cyclical contribution Revenue is largely recurring through ongoing yarn supply contracts but influenced by raw material price fluctuations. |
Our industry position Among India's leading yarn manufacturers with robust capacity utilization (~96%) and strong export growth. |
Financial highlights FY25 revenue ₹2524 Cr, PAT ₹109 Cr, EBITDA margin ~11%, 6% revenue growth YoY; steady profit growth. |
Geographical revenue split Approx. 52% exports and 48% domestic revenue in FY25, expanding global presence. |
Order book Not specified. |
Whats driving growth Capacity expansions, export market growth, cost efficiencies, government incentives, and textile sector reforms. |
Our future plans Greenfield expansion adding 1.5 lakh spindles in Odisha, investing ₹1000 Cr, and forward integration via mergers. |
Our green promise Committed to sustainability with solar power projects reducing carbon footprint and promoting renewable energy. |
Our people and values Cordial staff relations, focus on talent nurturing, adherence to ethical codes, zero tolerance for harassment. |
Key challenges ahead Raw material price volatility, global trade uncertainties, and maintaining competitiveness in a challenging sector. |
Interesting facts Upgraded solar capacity to 25MW, high capacity utilization with over 96%, and recognized Four Star Export House. |
Risks and strategy Mitigates economic and regulatory risks via diversification, quality focus, financial prudence, and expansion in emerging markets. |
