SBC
SBC Exports share price & financials
- Price
- ₹43.59
- Market cap
- ₹2.3k Cr
- Sector
- Textiles
What SBC Exports does
SBC Exports Limited is a diversified Indian company built around three businesses: garment manufacturing, IT support services, and travel & tourism. It manufactures and markets readymade garments — innerwear, leisurewear, athleisure, joggers and kidswear — under in-house brands F-Route, SBC Design+ and IEDEE through an integrated production chain covering knitting, dyeing, cutting, stitching and packaging, alongside a legacy handmade wool/silk carpet business. Its IT division provides IT & IT-support services, web/software development, e-governance solutions and manpower/staffing supply to corporate and government clients pan-India. Its wholly-owned subsidiary Mauji Trip Limited earns from ticketing, holiday packages and MICE bookings through its online travel platform MaujiTrip.com.
Segments
- Garments & Carpets
- Information Technology Services
- Travel & Tour Operations
- Manufacturing plants (garments)
- 4 units (3 in Mirzapur, 1 in Ghaziabad, Uttar Pradesh)
- Garment cutting/stitching/pressing/packaging capacity
- ~8.6 lakh pieces/month combined (Units 2 & 4)
- Distributor network
- 400+ distributors
- Retail reach
- 25,000+ retailers
- Garment product range
- 120+ SKUs (innerwear, leisurewear, athleisure, kidswear)
- In-house brands
- F-Route, SBC Design+, IEDEE
Quarterly results
Q1 FY27: revenue up 67.1%, net profit up 267.8% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 66 | 72 | 96 | 72 | 85 +28% | 104 +45% | 142 +47% | 121 +67% |
| EBITDA | 6 | 2 | 5 | 5 | 10 +79% | 12 +541% | 6 +30% | 13 +142% |
| Net profit | 5 | 4 | 4 | 3 | 11 +112% | 11 +206% | 6 +52% | 10 +268% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +130.4% 1Y
1Y: ₹20.98 on 10 Sept 2025 → ₹48.33. High ₹48.68 (9 Sept 2026), low ₹20.98 (10 Sept 2025).
Financials, as filed
Revenue grew 29.0% a year over 3 years, FY23 to FY26. Operating margin widened to 8.3%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹188 Cr | ₹209 Cr | ₹300 Cr | ₹403 Cr |
| Operating profit | ₹10 Cr | ₹17 Cr | ₹18 Cr | ₹33 Cr |
| Operating margin | 5.5% | 8.0% | 6.1% | 8.3% |
| Interest | ₹3 Cr | ₹6 Cr | ₹7 Cr | ₹11 Cr |
| Depreciation | ₹1 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr |
| Net profit | ₹9 Cr | ₹13 Cr | ₹18 Cr | ₹31 Cr |
| Net margin | 4.9% | 6.2% | 6.1% | 7.8% |
| Cash from operations | ₹-11 Cr | ₹-5 Cr | ₹-69 Cr | ₹-72 Cr |
| Free cash flow | ₹-15 Cr | ₹-22 Cr | ₹-76 Cr | ₹-86 Cr |
| ROCE | 24.0% | 25.0% | 17.0% | 18.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹11 Cr | ₹21 Cr | ₹21 Cr | ₹32 Cr | ₹48 Cr | ₹48 Cr |
| Reserves | ₹12 Cr | ₹5 Cr | ₹13 Cr | ₹12 Cr | ₹21 Cr | ₹33 Cr |
| Borrowings | ₹0 Cr | ₹9 Cr | ₹27 Cr | ₹53 Cr | ₹192 Cr | ₹227 Cr |
| Other liabilities | ₹54 Cr | ₹61 Cr | ₹54 Cr | ₹88 Cr | ₹53 Cr | ₹129 Cr |
| Total liabilities | ₹76 Cr | ₹97 Cr | ₹115 Cr | ₹185 Cr | ₹313 Cr | ₹437 Cr |
| Fixed assets | ₹4 Cr | ₹6 Cr | ₹8 Cr | ₹23 Cr | ₹24 Cr | ₹26 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹5 Cr | ₹15 Cr |
| Investments | ₹0 Cr | ₹2 Cr | ₹4 Cr | ₹6 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹72 Cr | ₹89 Cr | ₹102 Cr | ₹155 Cr | ₹285 Cr | ₹396 Cr |
| Total assets | ₹76 Cr | ₹97 Cr | ₹115 Cr | ₹185 Cr | ₹313 Cr | ₹437 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, promoters trimmed −2.55 pp while FIIs added +2.42 pp. The shareholder count shrank 11% to 1,21,469.
- Promoters
- 50.3%
- FIIs
- 2.8%
- DIIs
- 0.1%
- Public
- 46.9%
Since Jun 2025
- Promoters −2.55 pp
- FIIs +2.42 pp
- Public +0.26 pp
How it drifted, 12 quarters
Over this window promoters fell from 65.7% to 50.3% — −15.4 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 65.7%, FIIs 0.2%, Public 34.2%.Dec '23: Promoters 65.9%, FIIs 0.0%, Public 34.1%.Mar '24: Promoters 64.7%, FIIs 0.0%, Public 35.3%.Jun '24: Promoters 63.6%, FIIs 0.0%, Public 36.4%.Sep '24: Promoters 64.3%, FIIs 0.1%, Public 35.6%.Dec '24: Promoters 64.2%, Public 35.9%.Mar '25: Promoters 57.8%, FIIs 0.2%, DIIs 0.2%, Public 41.9%.Jun '25: Promoters 52.8%, FIIs 0.4%, DIIs 0.2%, Public 46.6%.Sep '25: Promoters 50.7%, FIIs 1.6%, DIIs 0.1%, Public 47.7%.Dec '25: Promoters 50.4%, FIIs 2.0%, Public 47.6%.Mar '26: Promoters 50.4%, FIIs 0.8%, Public 48.9%.Jun '26: Promoters 50.3%, FIIs 2.8%, DIIs 0.1%, Public 46.9%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Quadrature Capital Vector Sp Limited FPI fund newly disclosed 2.00% held
- Deepika Gupta +0.14 pp 23.44% held
- Sudheshwar Kumar Kumar newly disclosed 0.02% held
The same filing shows 2 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of SBC Exports above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Deepika Gupta | 23.44% | +0.14 pp |
| Govindji Gupta | 23.06% | −0.22 pp |
| Sbc Finmart Limited | 3.75% | unchanged |
| Quadrature Capital Vector Sp Limited FPI fund | 2.00% | newly disclosed |
| M/S Eastend Infrastructure Private Limited | 1.53% | −0.05 pp |
| Froxy International Llp | 1.29% | unchanged |
| Eluhim Limited | 1.29% | unchanged |
| Sudheshwar Kumar Kumar | 0.02% | newly disclosed |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
What the price assumes
- Growth the price implies
- A decline
- for 7 years, fading to 4%
- It has actually compounded at
- Not enough history
- The gap
- —
- between what it did and what it must do
Learn to analyse SBC Exports
Guides on how to read this kind of business and the numbers that matter.