sportking india ltd share price Directors report

Dear Members

The Directors of your Company are pleased to present their 34^th Annual Report on the affairs of the Company together with Financial

Statement of the Company for the year ended 31^st March, 2023.

1. CORPORATE OVERVIEW AND INFORMATION

The Company was incorporated in in 1989 and emerged as one of Indias leading textile company & owns 3 state-of-the-art manufacturing facilities in India equipped with latest machinery, producing 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.

2. FINANCIAL RESULTS

The Financial Statements of the Company for the year ended 31st March, 2023 had been prepared in accordance with Indian Accounting Standards (Ind performance of your Company for Financial Year(s) 2022-23 and 2021-22 are as AS). Thefinancial under:

(Rupees in Lakhs)

*Particulars*	*F.Y. 2022-23*	*F.Y. 2021-22*
*Revenue from Operations (Net)*	*220502.30*	*215401.18*
*Other Income*	*1152.42*	*2415.12*
*Earnings before Interest , Depreciation, Tax and Amortization (EBIDTA) and Exceptional*	*29035.00*	*61984.58*
*Items*
*Interest and Financial Expenses*	*2304.89*	*2857.81*
*Profit before Depreciation, Amortization , Tax (PBDT) and Exceptional Items*	*26730.11*	*59126.77*
*Depreciation and Amortization*	*4815.00*	*4385.91*
*Profit before Tax (PBT) and Exceptional Items*	*21915.11*	*54740.86*
*Exceptional Items*	*2965.31*	*0.00*
*Profit before Tax (PBT)*	*18949.80*	*54740.86*
*Provision for Tax*
*-Current Tax*	*4887.18*	*13852.65*
*-Prior Period Tax*	*7.64*	*(31.62)*
*-Deferred Tax*	*856.78*	*(5.09)*
*Profit after Tax (PAT)*	*13198.20*	*40924.92*
*Other Comprehensive Income (Net of Tax of Rs. 24.22 Lakhs in Current Year and*	*72.00*	*134.09*
*Rs. 45.09 Lakhs in previous year)*
*Total Comprehensive Income for the year*	*13270.20*	*41059.01*
*Earnings Per Equity Share (In Rs.)*
*-Basic*	*99.33*	*308.00*
*-Diluted*	*99.33*	*308.00*

ATTENTION INVESTORS

Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.

Risk Disclosure on Derivatives

9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
On an average, loss makers registered net trading loss close to Rs. 50,000.
Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

We are ISO 27001:2013 Certified.

This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.

ATTENTION INVESTORS

Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

Risk Disclosure on Derivatives

9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
On an average, loss makers registered net trading loss close to Rs. 50,000.
Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

We are ISO 27001:2013 Certified.

This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.

sportking india ltd share price Directors report

ATTENTION INVESTORS

Risk Disclosure on Derivatives

We are ISO 27001:2013 Certified.

MARKET

IDEAS

MUTUAL FUNDS

TRADING DOCUMENTATION

CALCULATOR

GLOSSARY (A-Z)

ATTENTION INVESTORS

Risk Disclosure on Derivatives

We are ISO 27001:2013 Certified.