SBC Exports (SBC)₹68.73−0.99%Garments & Apparels
In the Sep 2026 quarter (consolidated), SBC Exports reported sales of ₹165 Cr, up 92.9% from Sep 2025, and net profit of ₹10.98 Cr, up 37.6% year on year. For the year to Mar 2026, sales were ₹403 Cr and net profit ₹24.97 Cr.
Company filings, consolidated accounts; latest reported quarter Sep 2026
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 52.20 | 69.25 | 66.25 | 66.21 | 72.23 | 96.40 | 72.24 | 85.29 | 104 | 142 | 121 | 165 |
| Expenses | 47.98 | 65.05 | 60.06 | 60.02 | 70.01 | 92.02 | 67.05 | 74.04 | 93.06 | 136 | 108 | 150 |
| Operating Profit | 4.01 | 4.01 | 6.01 | 6.01 | 2.01 | 5.01 | 5.01 | 10.01 | 12.01 | 6.01 | 13.01 | 15.01 |
| OPM % | 8.0% | 6.0% | 9.1% | 9.0% | 2.5% | 4.7% | 7.1% | 12.1% | 11.1% | 4.2% | 11.1% | 9.1% |
| Other Income | 1.01 | 2.01 | 1.01 | 2.01 | 3.99 | 1.01 | 0.00 | 4.01 | 4.01 | 6.01 | 4.01 | 5.01 |
| Interest | 0.99 | 1.99 | 1.99 | 1.99 | 1.99 | 1.99 | 1.99 | 1.99 | 3.99 | 2.99 | 3.99 | 3.99 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 | 0.00 | 0.99 |
| Profit before tax | 3.01 | 2.99 | 5.01 | 5.01 | 3.99 | 3.99 | 2.99 | 10.99 | 10.99 | 7.99 | 13.01 | 14.99 |
| Tax % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 25.0% | 27.0% | 0.0% | 26.0% | 25.0% | 26.0% |
| Net Profit | 2.99 | 2.99 | 4.99 | 4.99 | 3.99 | 3.99 | 2.99 | 7.98 | 10.98 | 5.99 | 9.98 | 10.98 |
| EPS (Rs) | 0.05 | 0.06 | 0.10 | 0.10 | 0.07 | 0.07 | 0.04 | 0.16 | 0.23 | 0.12 | 0.19 | 0.23 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|
| Sales | 130 | 207 | 223 | 213 | 300 | 403 | 533 |
| Expenses | 126 | 198 | 212 | 195 | 280 | 368 | 487 |
| Operating Profit | 4.01 | 8.01 | 11.01 | 17.02 | 19.01 | 34.02 | 46.04 |
| OPM % | 3.2% | 3.8% | 4.8% | 8.1% | 6.0% | 8.1% | 8.6% |
| Other Income | 0.00 | 0.00 | 2.01 | 4.01 | 9.01 | 14.01 | 19.04 |
| Interest | 0.99 | 1.99 | 1.99 | 6.98 | 7.99 | 11.98 | 14.96 |
| Depreciation | 0.99 | 0.99 | 0.99 | 1.99 | 1.99 | 1.99 | 1.98 |
| Profit before tax | 2.99 | 5.99 | 8.99 | 12.99 | 17.99 | 33.96 | 46.98 |
| Tax % | 28.0% | 39.0% | 26.0% | 28.0% | 27.0% | 26.0% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 1.99 | 0.00 | — |
| Net Profit | 1.99 | 2.99 | 6.99 | 8.99 | 12.99 | 24.97 | 37.93 |
| EPS (Rs) | 0.03 | 0.06 | 0.14 | 0.18 | 0.27 | 0.52 | 0.77 |
| Dividend payout % | 0.0% | 0.0% | 14.9% | 17.0% | 0.0% | 0.0% | — |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 11.03 | 21.03 | 21.05 | 32.07 | 48.10 | 48.10 |
| Reserves | 12.02 | 5.01 | 13.01 | 12.01 | 8.01 | 33.03 |
| Borrowings | 0.00 | 9.03 | 27.11 | 53.19 | 136 | 228 |
| Other Liabilities | 54.13 | 61.25 | 54.16 | 88.14 | 80.07 | 129 |
| Total Liabilities | 76.18 | 97.32 | 115 | 185 | 272 | 438 |
| Fixed Assets | 4.01 | 6.02 | 8.02 | 23.09 | 25.09 | 26.10 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.99 | 2.99 | 14.97 |
| Investments | 0.00 | 1.99 | 3.99 | 5.98 | 4.99 | 3.99 |
| Other Assets | 72.17 | 89.31 | 102 | 155 | 237 | 393 |
| Inventories | 30.07 | 25.07 | 30.09 | 35.12 | 87.21 | 106 |
| Trade receivables | 30.10 | 49.18 | 56.17 | 86.37 | 82.26 | 136 |
| Cash & equivalents | 3.01 | 4.01 | 5.01 | 5.01 | 13.01 | 18.01 |
| Total Assets | 76.18 | 97.32 | 115 | 185 | 272 | 438 |
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Cash from operating activity | 3.99 | −10.96 | −4.98 | −68.80 | −71.75 |
| Cash from investing activity | −4.01 | −6.01 | −20.05 | −5.01 | −13.03 |
| Cash from financing activity | 0.00 | 16.97 | 24.95 | 81.83 | 90.81 |
| Net cash flow | 1.01 | 1.01 | 0.00 | 8.01 | 5.01 |
| Capex | 2.05 | 3.87 | 17.03 | 6.43 | 14.01 |
| Free cash flow | 2.01 | −15.05 | −22.07 | −76.26 | −86.35 |
| CFO / OP % | 87.0% | −78.0% | −7.0% | −344.1% | −186.0% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor days | 86 | 87 | 93 | 149 | 102 | 124 |
| Inventory days | 96 | 51 | 58 | 77 | 126 | 113 |
| Days payable | 113 | 75 | 65 | 136 | 74 | 92 |
| Cash conversion cycle | 67 | 62 | 83 | 87 | 152 | 143 |
| Working capital days | 53 | 27 | 35 | 47 | 42 | 45 |
| ROCE % | — | 25.0% | 24.0% | 25.0% | 17.0% | 17.9% |
For the Sep 2026 quarter, SBC Exports reported sales of ₹165 Cr, up 92.9% year on year and net profit of ₹10.98 Cr, up 37.6% year on year. The operating margin was 9.1%.
SBC Exports' sales for the year to Mar 2026 were ₹403 Cr; over the last twelve months they were ₹533 Cr.
Net profit for the year to Mar 2026 was ₹24.97 Cr, and ₹37.93 Cr over the last twelve months. Earnings per share over the same trailing period were ₹0.77.
SBC Exports reported borrowings of ₹228 Cr at Mar 2026, against cash and equivalents of ₹18.01 Cr.
Cash from operations was −₹71.75 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹86.35 Cr.