Analysts/Institutional Investor Meet/Con. Call Updates

SIL/2026-27/SE Date: 08.08.2026 To To BSE Limited National Stock Exchange of India Ltd, Phiroze Jeeheebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai-400001 Bandra (East), Mumbai– 400051 Script Code: 539221 Symbol: SPORTKING Subject: Transcripts of Earnings Call of Sportking India Limited for Quarter Ended 30th June, 2026 Dear Sir, Pursuant to Regulation 30 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015, please find enclosed herewith transcripts of the Earnings call of the Company held on Monday, 03rd August 2026 to discuss the Company’s Financial Performance for quarter ended 30th June 2026. You are requested to take the above mentioned information on your records. Yours truly, For SPORTKING INDIA LIMITED LOVLESH VERMA COMPANY SECRETARY (ACS: 34171) “Sportking India Limited Q1 FY27 Earnings Conference Call” August 03, 2026 MANAGEMENT: MR. MUNISH AVASTHI – CHAIRMAN AND MANAGING DIRECTOR – SPORTKING INDIA LIMITED MR. SANDEEP SACHDEVA – CHIEF FINANCIAL OFFICER – SPORTKING INDIA LIMITED MR. LOVLESH VERMA – COMPANY SECRETARY – SPORTKING INDIA LIMITED MODERATOR: MR. PRATHMESH PARAB – MUFG INTIME INDIA PRIVATE LIMITED Page 1 of 15 Sportking India Limited August 03, 2026 Moderator: Ladies and gentlemen, good day, and welcome to Sportking India Limited Q1 FY27 Earnings Conference Call. As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during this conference call, please signal an operator by pressing star then zero on your touchtone phone. Please note that this conference is being recorded. I now hand the conference over to Mr. Prathmesh Parab from MUFG Intime India Private Limited. Thank you, and over to you, Mr. Prathmesh. Prathmesh Parab: Thank you. Good afternoon, everyone. Welcome to the Sportking India Limited Q1 FY27 Earnings Conference Call. Today on the call, we have Mr. Munish Avasthi, Chairman and Director; Mr. Sandeep Sachdeva, Chief Financial Officer; and Mr. Lovlesh Verma, the Company Secretary. I hope you have gone through our press releases and the investor deck. As a short disclaimer before we start with this call, the call will contain some forward-looking statements, which may be based upon our beliefs, opinion and expectations of the company as of today. These statements are not a guarantee of future performance and will involve unforeseen risks and uncertainties. With that, I would now like to hand over the call to the management for their remarks. Thank you, and over to you, sir. Munish Avasthi: Thank you. Thank you so much. Good afternoon, ladies and gentlemen. I hope all of you had the opportunity to go through our investor presentation and earnings release. We are pleased with the strong start to financial year '27. During the quarter, we delivered healthy revenue growth along with a significant improvement in profitability. The quarter was particularly encouraging as the growth in earnings was driven by a combination of better yarn realizations, strong export demand and disciplined raw material procurement. Despite some increases in raw material prices during this period, our strategic buying approach enabled us to effectively manage input costs and protect margins. Market conditions remained favorable during the quarter. We witnessed better realization across our product portfolio, particularly in cotton yarns, which supported the strong improvement in margins. Demand from all the markets continued to remain healthy, and we are also encouraged by the outlook going into the second quarter. On the domestic front, we expect demand to remain supportive in the coming quarters, aided by the festive season and improving consumption trends. From an industry perspective, the global textile and apparel sector is gradually recovering after a prolonged period of demand moderation and a lot of consolidation has happened in last few years. Over the last few years, the industry experienced challenges arising from inflationary pressures, inventory corrections across large retailers and weaker discretionary consumption in key markets. However, with inventories largely normalized and demand conditions stabilizing, the business environment has become more constructive for textile manufacturing. We are also witnessing a Page 2 of 15 Sportking India Limited August 03, 2026 continued shift in global sourcing patterns as India is emerging as a preferred sourcing destination for yarns. The country's strong cotton ecosystem, large manufacturing base, proven execution capabilities and growing compliance is standard position favorably in the evolving global supply chain landscape. We believe companies with scale, quality and reliability such as us are well placed to benefit from the structural opportunity. On the policy front, developments remain encouraging. The recently concluded India-U.K. free trade agreement and the progress towards a comprehensive India-EU trade agreement has the potential to significantly improve India's competitiveness going forward in key export markets over the medium term. We believe such initiatives will support growth, create new market opportunities and strengthen the long-term prospects of the Indian textile industry. Coming to cotton, one of the positive developments for the industry has been the alignment of Indian cotton prices with international markets after prolonged period, during which the domestic cotton traded at a meaningful premium. This has improved the competitiveness of Indian spinners and created a more balanced operating environment. While global cotton prices have shown some turbulence in recent months, we remain focused on prudent procurement and efficient inventory management. Our outlook on the new crop is getting better every day. There were initially some scares with the monsoon, but things have gotten better, and we expect same or better crop next year. Another encouraging trend has been the improvement in global cotton yarn demand. Supply chain realignment, healthy export demand and increased sourcing diversification by international customers, which has supported the yarn realizations and profitability. These factors contributed meaningfully to our performance during the quarter and remain the same as we speak. On the strategic front, I'm pleased to share that our solar power projects have successfully commenced commercial operations. This marks an important milestone in our journey towards sustainable and cost-efficient operations. The project is expected to reduce our annual power cost by approximately 12% to 15%, while simultaneously increasing the share of renewable energy in our overall power consumption. In addition to the cost benefits, this initiative reinforces our commitment to responsible and sustainable growth. Our 150,000-spindle greenfield expansion project in Odisha is also progressing as planned. We are very excited with that. Construction activities is underway and the first phase of production is expected to commence during the third quarter of the current financial year and we intend to finish our whole project within this financial year. This expansion will provide the necessary headroom to support future growth, strengthen our market position and cater to increasing customer demand and newer geographies. We expect the project to start contributing progressively as we move ahead. Page 3 of 15 Sportking India Limited August 03, 2026 Looking ahead, we remain optimistic about the medium to long-term outlook for the Indian textile industry. Structural shifts in global sourcing, improving trade relations, a supportive policy environment and growing opportunities for big Indian exporters provide a favorable backdrop for future growth. At Sportking, our focus remains to drive operational excellence, strengthen customer relationships, invest in future-ready capabil [Showing first 8,000 characters — download PDF for full document]