Sportking India Limited (SPORTKING) - Net Assets
Based on the latest financial reports, Sportking India Limited (SPORTKING) has net assets worth Rs11.16 Billion INR (≈ $120.68 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs17.44 Billion ≈ $188.65 Million USD) and total liabilities (Rs6.28 Billion ≈ $67.97 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check SPORTKING intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs11.16 Billion |
| % of Total Assets | 63.97% |
| Annual Growth Rate | 18.71% |
| 5-Year Change | 45.4% |
| 10-Year Change | 495.76% |
| Growth Volatility | 28.91 |
Sportking India Limited - Net Assets Trend (2013–2026)
This chart illustrates how Sportking India Limited's net assets have evolved over time, based on quarterly financial data. See SPORTKING days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Sportking India Limited (2013–2026)
The table below shows the annual net assets of Sportking India Limited from 2013 to 2026. For live valuation and market cap data, see SPORTKING market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs11.16 Billion ≈ $120.68 Million |
+10.94% |
| 2025-03-31 | Rs10.06 Billion ≈ $108.78 Million |
+11.46% |
| 2024-03-31 | Rs9.02 Billion ≈ $97.59 Million |
+0.30% |
| 2023-03-31 | Rs9.00 Billion ≈ $97.30 Million |
+17.23% |
| 2022-03-31 | Rs7.67 Billion ≈ $83.00 Million |
+115.05% |
| 2021-03-31 | Rs3.57 Billion ≈ $38.59 Million |
+41.58% |
| 2020-03-31 | Rs2.52 Billion ≈ $27.26 Million |
+5.00% |
| 2019-03-31 | Rs2.40 Billion ≈ $25.96 Million |
+19.26% |
| 2018-03-31 | Rs2.01 Billion ≈ $21.77 Million |
+7.47% |
| 2017-03-31 | Rs1.87 Billion ≈ $20.26 Million |
+13.34% |
| 2016-03-31 | Rs1.65 Billion ≈ $17.87 Million |
+7.39% |
| 2015-03-31 | Rs1.54 Billion ≈ $16.64 Million |
+4.38% |
| 2014-03-31 | Rs1.47 Billion ≈ $15.94 Million |
+22.87% |
| 2013-03-31 | Rs1.20 Billion ≈ $12.98 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Sportking India Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs128.68 Million | 1.15% |
| Other Components | Rs11.03 Billion | 98.85% |
| Total Equity | Rs11.16 Billion | 100.00% |
Sportking India Limited Competitors by Market Cap
The table below lists competitors of Sportking India Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Renatus Tactical Acquisition Corp I Class A Ordinary Shares
NASDAQ:RTAC
|
$251.16 Million |
|
Asiacement
KO:183190
|
$251.32 Million |
|
Venus Remedies Limited
NSE:VENUSREM
|
$251.40 Million |
|
Izmir Firca Sanayi ve Ticaret
IS:IZFAS
|
$251.61 Million |
|
Comefly Outdoor Co Ltd
SHG:603908
|
$251.02 Million |
|
PetroVietnam Power Nhon Trach 2 JSC
VN:NT2
|
$251.02 Million |
|
V Zug Holding Ag
SW:VZUG
|
$251.01 Million |
|
First United Corporation
NASDAQ:FUNC
|
$251.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sportking India Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 10,058,214,000 to 11,159,004,000, a change of 1,100,790,000 (10.9%).
- Net income of 1,197,238,000 contributed positively to equity growth.
- Dividend payments of 128,889,000 reduced retained earnings.
- Other comprehensive income decreased equity by 644,127,999.
- Other factors increased equity by 676,568,999.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs1.20 Billion | +10.73% |
| Dividends Paid | Rs128.89 Million | -1.16% |
| Other Comprehensive Income | Rs-644.13 Million | -5.77% |
| Other Changes | Rs676.57 Million | +6.06% |
| Total Change | Rs- | 10.94% |
Book Value vs Market Value Analysis
This analysis compares Sportking India Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.09x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 21.69x to 2.09x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | Rs8.42 | Rs182.70 | x |
| 2014-03-31 | Rs10.35 | Rs182.70 | x |
| 2015-03-31 | Rs10.80 | Rs182.70 | x |
| 2016-03-31 | Rs11.60 | Rs182.70 | x |
| 2017-03-31 | Rs13.15 | Rs182.70 | x |
| 2018-03-31 | Rs14.13 | Rs182.70 | x |
| 2019-03-31 | Rs16.85 | Rs182.70 | x |
| 2020-03-31 | Rs17.70 | Rs182.70 | x |
| 2021-03-31 | Rs26.15 | Rs182.70 | x |
| 2022-03-31 | Rs57.76 | Rs182.70 | x |
| 2023-03-31 | Rs67.71 | Rs182.70 | x |
| 2024-03-31 | Rs70.87 | Rs182.70 | x |
| 2025-03-31 | Rs78.90 | Rs182.70 | x |
| 2026-03-31 | Rs87.52 | Rs182.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sportking India Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.73%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.80%
- • Asset Turnover: 1.43x
- • Equity Multiplier: 1.56x
- Recent ROE (10.73%) is below the historical average (15.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 26.81% | 3.74% | 1.10x | 6.51x | Rs201.75 Million |
| 2014 | 18.61% | 2.58% | 1.15x | 6.29x | Rs126.98 Million |
| 2015 | 5.21% | 0.71% | 1.45x | 5.06x | Rs-73.65 Million |
| 2016 | 6.88% | 1.10% | 1.28x | 4.91x | Rs-51.51 Million |
| 2017 | 11.76% | 2.17% | 1.31x | 4.13x | Rs33.05 Million |
| 2018 | 9.52% | 1.82% | 1.28x | 4.09x | Rs-9.71 Million |
| 2019 | 10.01% | 2.09% | 1.04x | 4.60x | Rs142.90K |
| 2020 | 4.90% | 0.92% | 1.39x | 3.83x | Rs-128.49 Million |
| 2021 | 23.69% | 6.53% | 1.25x | 2.89x | Rs488.41 Million |
| 2022 | 53.32% | 19.48% | 1.35x | 2.03x | Rs3.33 Billion |
| 2023 | 14.67% | 6.12% | 1.37x | 1.75x | Rs420.11 Million |
| 2024 | 7.80% | 2.96% | 1.21x | 2.18x | Rs-198.97 Million |
| 2025 | 10.86% | 4.33% | 1.42x | 1.76x | Rs86.71 Million |
| 2026 | 10.73% | 4.80% | 1.43x | 1.56x | Rs81.34 Million |
Industry Comparison
This section compares Sportking India Limited's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $3,942,616,760
- Average return on equity (ROE) among peers: 0.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sportking India Limited (SPORTKING) | Rs11.16 Billion | 26.81% | 0.56x | $251.07 Million |
| Aarvee Denims & Exports Limited (AARVEEDEN) | $1.62 Billion | 1.43% | 1.92x | $38.07 Million |
| Akshar Spintex Limited (AKSHAR) | $315.43 Million | 8.17% | 1.61x | $3.83 Million |
| Alok Industries Limited (ALOKINDS) | $28.60 Billion | 3.25% | 6.40x | $710.41 Million |
| Alps Industries Limited (ALPSINDUS) | $-7.14 Billion | 0.00% | 0.00x | $1.45 Million |
| Axita Cotton Limited (AXITA) | $178.00 Million | 2.59% | 1.15x | $31.78 Million |
| AYM Syntex Limited (AYMSYNTEX) | $3.58 Billion | 3.94% | 1.33x | $137.31 Million |
| Banswara Syntex Limited (BANSWRAS) | $1.62 Billion | 29.03% | 4.55x | $49.71 Million |
| Bannari Amman Spinning Mills Limited (BASML) | $3.38 Billion | -3.26% | 2.30x | $21.43 Million |
| Bombay Dyeing & Mfg Company Limited (BOMDYEING) | $3.70 Billion | -52.54% | 5.56x | $298.05 Million |
| Cheviot Company Limited (CHEVIOT) | $3.57 Billion | 9.69% | 0.11x | $70.36 Million |
About Sportking India Limited
Sportking India Limited manufactures, purchases, and sells textile yarns in India and internationally. It offers cotton, polyester/cotton blended, fancy, dyed, grey, and acrylic and acrylic/polyester blended yarns, as well as knitted fabrics. The company also engages in the yarns and fibers dyeing and processing business. In addition, it produces T-shirts, shirts, sweatshirts, sweaters, jackets, … Read more