- Business
- Sportking India Limited manufactures and sells a broad range of textile yarns, fabrics, and garments in India and internationally. The company produces 100% cotton yarns including compact, Eli-twist, and slub varieties for knitting and weaving; polyester/cotton blended yarns such as combed and melange types; dyed yarns encompassing 100% cotton and PC blended variants; acrylic and acrylic/polyester blended yarns in high bulk and non-bulk forms; and fancy yarns like jaspe, slub, injection slub, and snow yarns; as well as knitted fabrics, T-shirts, shirts, sweatshirts, sweaters, jackets, jeans, trousers, track pants, tracksuits, Bermuda shorts, nightwear for men and boys, and tops, tunics, kurtis, leggings, lingerie for women and girls. It operates seven state-of-the-art manufacturing facilities across Punjab and Himachal Pradesh, over 100 retail garment stores throughout India, and an online retail platform, with exports to more than 30 countries including Bangladesh, Europe, China, USA, and Brazil generating roughly half of revenues. Founded in 1977 and headquartered in Ludhiana, Punjab, Sportking pursues vertical integration across the textile value chain targeting domestic and global apparel markets. Recent developments include in-principle approval for mergers with a garment manufacturing entity (annual revenue around INR 120-130 crore, capacity 10,000-15,000 pieces daily) and a fabric finishing company (revenue around INR 70-80 crore) to enhance forward integration, boost value addition, improve margins, and triple capacities with minimal investment; a proposed INR 12.09 crore investment for 26% stake in Evincea Renewable Two Pvt Ltd for a 40.3 MW solar power plant emphasizing sustainable operations; CRISIL rating upgrade to long-term A+/Stable from A/Positive reflecting fiscal 2025 revenue above INR 2,500 crore and operating margin of 10.6%; and a targeted 40% capacity expansion alongside revenue doubling from merged operations within two to three years.