SBC Exports Limited
NSE: SBC · Garments & Apparels · sector
₹63.71NSE close 2026-10-26
Key numbers
Market cap₹3,034 cr
Price₹63.71
52w high / low₹66 / ₹23
P/E75.0xSector median 15.0x
P/B30.3xSector median 1.5x
Book value₹2.1
Dividend yield–Sector median 0.84%
ROE47.3%Sector median 10.6%
ROCE15.2%Sector median 9.9%
OPM8.6%Sector median 8.6%
Debt / equity3.06xSector median 0.33x
EV/EBITDA72.3xSector median 9.3x
Interest cover4.3x
Current ratio1.32x
Sales growth 3y+27.2%Sector median +6.2%
Profit growth 3y+54.2%Sector median +11.5%
PEG1.41x
Last 12 months to Sep 2026, Consolidated. "Sector median" = middle value of 43 companies in Garments & Apparels (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹18 cr vs borrowings ₹227 cr (FY26): borrowings are higher by ₹209 cr.
- Operating profit covered interest 4.3x in the last 12 months.
- 41.55% of the promoters' shares are pledged (21.2% of all shares).
- Operating cash flow was below net profit in 4 of the last 5 years (FY26, FY25, FY24, FY23).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 46% of net profit in the last 12 months.
- Debtor days went from 158 (FY24) to 123 (FY26).
- Dividend paid in 2 of the last 5 financial years.
- Price ₹63.71 on 2026-10-26: -4.0% from the 52-week high, +182.7% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹63.71 · low ₹12.44
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 72 | 96 | 72 | 85 | 104 | 142 | 121 | 164 |
| EBITDA | 2 | 5 | 5 | 10 | 12 | 6 | 13 | 15 |
| OPM % | 2.6% | 4.7% | 7.5% | 12.1% | 11.3% | 4.2% | 10.8% | 9.0% |
| Other income | 4 | 1 | 0 | 4 | 4 | 6 | 4 | 5 |
| Net profit | 4 | 4 | 3 | 11 | 11 | 8 | 10 | 11 |
| EPS (₹) | 0.07 | 0.08 | 0.07 | 0.24 | 0.24 | 0.17 | 0.20 | 0.24 |
| Revenue YoY | +45.0% | +47.0% | +67.1% | +94.0% | ||||
| Profit YoY | +212.8% | +105.0% | +176.7% | +0.1% |
Consolidated figures where filed. Latest quarter Sep 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 169 | 196 | 209 | 300 | 403 | 531 |
| EBITDA | 8 | 11 | 17 | 18 | 33 | 46 |
| Net profit | 3 | 7 | 9 | 13 | 25 | 40 |
| EPS (₹) | 0.07 | 0.15 | 0.20 | 0.28 | 0.53 | 0.85 |
| Revenue growth | +15.9% | +7.0% | +43.3% | +34.4% | +63.3% | |
| Profit growth | +99.1% | +37.2% | +41.5% | +89.0% | +80.2% | |
| Dividend / share (₹) | – | – | 0.05 | 0.05 | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +27.2% | – | +63.3% |
| Net profit | +54.2% | – | +80.2% |
| EPS | +53.5% | – | – |
| Share price | – | +81.9% (2y) | +171.1% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 35 | 44 | 56 | 80 |
| Borrowings | – | 0 | 25 | 136 | 227 |
| Cash & equivalents | – | 5 | 5 | 13 | 18 |
| Total assets | – | 115 | 185 | 271 | 437 |
| Fixed assets | – | 8 | 23 | 25 | 25 |
| Capital work in progress | – | 0 | 1 | 3 | 15 |
| Investments | – | 0 | 0 | 5 | 4 |
| Receivables | – | 56 | 91 | 82 | 136 |
| Inventory | – | 30 | 35 | 87 | 106 |
| Payables | – | 33 | 64 | 51 | 88 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 5 | -12 | -5 | -69 | -72 |
| Cash from investing | -4 | -6 | -20 | -5 | -13 |
| Cash from financing | 1 | 19 | 25 | 82 | 91 |
| Capex | 2 | 4 | 17 | 6 | 14 |
| Free cash flow | 3 | -16 | -22 | -76 | -86 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 19.7% | 21.3% | 24.0% | 31.5% |
| ROCE % | – | 33.1% | 27.3% | 13.3% | 14.8% |
| Debtor days | – | 104 | 158 | 100 | 123 |
| Inventory days | – | 66 | 77 | 125 | 112 |
| Payable days | – | 73 | 140 | 74 | 92 |
| Cash conversion cycle (days) | – | 97 | 95 | 151 | 143 |
| Working capital days | – | 52 | 65 | 58 | 62 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 50.97% |
| FIIs | 2.96% |
| DIIs | 0.08% |
| of which Mutual funds | 0.00% |
| of which Insurance | 0.00% |
| Government | 0.00% |
| Public (non-institutions) | 46.00% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 64.15% | 57.76% | 52.83% | 50.67% | 50.35% | 50.35% | 50.28% | 50.97% |
| Promoter group | % |
|---|---|
| Deepika Gupta | 23.97% |
| Govind JI Gupta | 23.50% |
| SBC Finmart Limited | 3.47% |
| Sudheshwar Kumar Gupta | 0.02% |
| Public holders above 1% | % |
|---|---|
| Eastend Capital Private Limited | 1.83% |
| Quadrature Capital Vector SP Limited | 1.53% |
| Eluhim Limited | 1.29% |
| Froxy International LLP | 1.24% |
| Lovlesh Jain | 1.07% |
1,21,947 shareholders. Pledged: 41.55% of promoter shares.
Peers in Garments & Apparels
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| PAGEIND | ₹37,823 cr | 50.0x | 25.2x | 52.0% | 70.2% | 20.8% | +3.1% | 1.77% |
| ARVIND | ₹12,646 cr | 30.5x | 3.1x | 10.6% | 14.2% | 10.5% | +3.5% | 0.82% |
| PGIL | ₹11,177 cr | 36.0x | 7.7x | 23.7% | 21.2% | 9.6% | +16.7% | 0.54% |
| GOKEX | ₹4,743 cr | 46.0x | 2.2x | 4.9% | 8.9% | 8.8% | +21.5% | – |
| LUXIND | ₹3,206 cr | 30.1x | 1.8x | 5.7% | 7.5% | 6.2% | +7.2% | 0.05% |
| SBC | ₹3,034 cr | 75.0x | 30.3x | 47.3% | 15.2% | 8.6% | +27.2% | – |
| KKCL | ₹2,604 cr | 17.6x | 2.8x | 16.8% | 22.9% | 19.9% | +15.9% | 0.96% |
| KITEX | ₹2,206 cr | – | 2.1x | -2.8% | 1.0% | 3.5% | +6.2% | 0.45% |
| SPAL | ₹2,085 cr | 19.8x | 2.2x | 11.7% | 14.3% | 14.1% | +13.6% | 0.24% |
| CANTABIL | ₹2,081 cr | 21.4x | 4.3x | 22.4% | 37.4% | 31.5% | +15.6% | 0.50% |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Garments Sales | ₹171 cr | 42.2% | ₹33 cr | 19.0% |
| IT Support Services | ₹130 cr | 32.1% | ₹11 cr | 8.6% |
| Tour & Travel Services | ₹104 cr | 25.7% | ₹5 cr | 4.5% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2025-03-10 | Bonus | Bonus 1:2 |
| 2024-09-23 | Dividend | Annual General Meeting/Dividend - Rs 0.05 Per Share |
| 2024-01-19 | Bonus | Bonus 1:2 |
| 2023-09-18 | Dividend | Annual General Meeting/Dividend - Rs 0.05 Per Share |
| 2022-09-19 | Other | Annual General Meeting |
| 2022-02-22 | Split | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share |
| 2022-02-22 | Bonus | Bonus 1:1 |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Consumer Discretionary |
| Industry | Garments & Apparels |
| Sub-industry | Garments & Apparels |
| Symbol | SBC |
| BSE code | 542725 |
| ISIN | INE04AK01028 |
| Face value | ₹1.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.