Disclosure Devil - Summary

SIL/2025-26/SE Date: 02.08.2025 To BSE Limited Phiroze Jeeheebhoy Towers, Dalal Street, Mumbai-400001 To National Stock Exchange of India Ltd, Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai– 400051 Script Code: 539221 Symbol: SPORTKING SUB: PRESS RELEASE REGARDING UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE 2025 Dear Sir, Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015, please find attached herewith Press Release with respect to Unaudited Financial Results for the quarter ended 30th June 2025, as approved by the Board of Directors of the Company in its meeting held on 2nd August 2025. You are requested to take the above mentioned information on your records. Yours truly, For SPORTKING INDIA LIMITED LOVLESH VERMA COMPANY SECRETARY (ACS: 34171) Key Financial Highlights – Q1 FY26: ➢Revenue from operations stood at Rs. 585.8 Crs for Q1 FY26, down 7.6% YoY. Exports contributed ~ 58% to overall revenue in Q1 FY26 and increasing by ~18% YoY ➢EBITDA for Q1 FY26 was Rs. 70.5 Crs – a decrease of 4.5% YoY. EBITDA Margin for the quarter improved by 40 bps on a yearly basis to reach 12.0% ➢Profit After Tax for the quarter was Rs. 35.2 Crs – registering a growth of 10.4% YoY. PAT Margin was 6.0% and expanded by 98 bps on a yearly basis Investor Release Sportking India Limited Maintains Margin Growth Trajectory in Q1 FY26 Mega Capex Plan Announced; All Key Margins continue to expand on yearly and sequential basis Punjab, 02nd August 2025: Sportking India Limited, one of India’s leading textile conglomerate, announced its financial results for the quarter ended 30th June 2025. 1 Key Operational Highlights – Q1 FY26: ➢Total Production Volume stood at 20,907 MT in Q1 FY26 v/s 20,311 MT in Q1 FY25 ➢Yarn Sales Volume for Q1 FY26 stood at 20,327 MT v/s 19,964 MT in Q1 FY25 ➢Capacity Utilization at 95% for Q1 FY26 – best in class utilization levels Details on Greenfield Capex Programme : ➢Greenfield Expansion Project announced and approved to increase the spinning capacity of the Company ➢In the first phase of this expansion, 1.50 lakh spindles will be setup in the state of Odisha. This will be an approx. 40% increase over existing spindle count on 3.79 lakhs ➢The total outlay would be approx. INR 1000 Crores and will be funded through mixture of term loans and internal accruals. ➢The capex programme is estimated to be completed in approx. 12 to 15 months ➢Existing capacity utilization is already best in class at 95%+ and thus upcoming capacity provides substantial headroom for growth & meet growing demand of company’s products ➢The geographic location of the upcoming plant will enable the company to better serve the eastern market of the country enabling a diversified presence 2 Commenting on the results, Mr. Munish Avasthi, Chairman & Managing Director said, “We are proud to deliver strong export growth and a 10% growth in profitability, demonstrating resilience amid cautious consumer sentiment and uncertainty over the horizon. All key margins expanded on a year on year and sequential basis as we benefitted from stable input cost given largely rangebound cotton prices over majority of the foregone quarter. The quarter was filled with geopolitical turmoil the latest being the tariff announcement. While this may in the short-term impact order volumes and margins given, it also is an opportunity to diversify and strengthen the sector’s standing in new end user markets. We remain hopeful of an amicable agreement being reached soon. On the contrary, the India–UK Free Trade Agreement (FTA) marks a breakthrough, securing duty-free access to the UK market and enhancing India’s global competitiveness compared to other Asian peers. Despite the global frictions, we remain confident in our ability to navigate these shifts with agility. Both domestic and export markets have historically been par contributors to revenue – thus, we are uniquely placed in terms of having an intrinsic stabilizer given uncertain demand scenario both at national and international markets. We have very limited direct exposure to the US markets but have a relatively larger indirect exposure to the US market through international customers who are currently better placed than the local players under the proposed tariff structure. Amid everchanging market conditions; our focus continues to be on producing quality products and building operational excellence. It thus pleases me to announce a greenfield capacity addition programme to increase our spindle count by ~40% and enable us to better serve the growing demand for our product. The proposed greenfield will be set up in the state of Odisha and given its location – it will further improve our pan India presence while as well as better serve international market given proximity to ports. The commitment to undertake a significant greenfield underscores our confidence in our business fundamentals as well as potential of the overall Indian textile sector.” Financial Performance (Rs. Crs) Particulars Q1FY26 Q1FY25 YoY Q4FY25 QoQ FY25 Operational Revenue 585.8 634.0 -7.6% 628.8 -6.8% 2,524.2 Gross Profit 157.2 154.0 +2.1% 167.4 -6.1% 608.8 Gross Margin 26.8% 24.3% +254 bps 26.6% +21 bps 24.1% EBITDA 70.5 73.8 -4.5% 74.3 -5.1% 262.9 EBITDA Margin 12.0% 11.6% +40 bps 11.8% +22 bps 10.4% Profit After Tax 35.2 31.8 +10.4% 36.1 -2.7% 109.3 PAT Margin 6.0% 5.0% +98 bps 5.7% +26 bps 4.3% 3 Safe Harbor Statement Any forward-looking statements about expected future events, financial and operating results of the Company are based on certain assumptions which the Company does not guarantee the fulfilment of. These statements are subject to risks and uncertainties. Actual results might differ substantially or materially from those expressed or implied. Important developments that could affect the Company’s operations include a downtrend in the industry, global or domestic or both, significant changes in political and economic environment in India or key markets abroad, tax laws, litigation, labour relations, exchange rate fluctuations, technological changes, investment and business income, cash flow projections, interest, and other costs. The Company does not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date thereof. Sportking India Ltd Investor Relations: MUFG Intime India Private Ltd CIN: L17122PB1989PLC053162 Mr. Devansh Dedhia +91 9930 147479 Devansh.dedhia@in.mpms.mufg.com Name: Mr. Lovlesh Verma Email: cs@sportking.co.in Mr. Irfan Raeen +91 97737 78669 Irfan.Raeen@in.mpms.mufg.com Contact: 016 12845456 About Sportking India Ltd: Established in 1989, Sportking India Ltd emerged as one of India’s leading textile in company & owns 3 state-of-the-art manufacturing facilities in India equipped with latest machinery, produces yarns that are a benchmark in quality. The company produces well diversified range of grey and dyed textile yarns to cater to the demands of weaving and knitting industry in domestic as well as international markets. With presence in more than 30 countries, Sportking India Ltd. is representing India on a world stage with a commitment to deliver superior quality products among evolving trends in customer preferences.