As of 6 Nov 2026, SBC Exports trades at 80.8× trailing earnings, above the industry P/E of 17.2×, and the shares are close to their 52-week high. Its ROCE of 36% is the second-highest among the 7 largest Apparel Manufacturing peers, and sales and net profit grew 27% and 54% a year over 3 years. Debt is 3.06× equity. It is a small-cap company with a market cap of ₹3,271 Cr, ranked 7th of 61 Apparel Manufacturing companies by market cap; the shares rose 176% over the past year.
- ₹66.98
- ₹69.37
- ₹66.67
- ₹66.79
- 1.2 Cr
Health check
- ReturnsAhead
+176.0% over a year, better than 7 of 7 peers.
- Price tagPricier
P/E 80.8 vs industry 17.2.
- GrowthStrong
Sales +27.2%, profit +54.1% a year over 3 years.
- ProfitabilityStrong
ROCE 36.4% vs peer median 9.3%.
- Balance sheetStretched
Debt 3.06× equity, interest covered 4.5×, Piotroski 4 of 9.
- Red flags2 to check
Debt is 3.06× equity.
Small cap
Defensive
Key metrics
- Market cap
- ₹3,271 Cr
- Small cap
- P/E
- 80.8
- Industry 17.2
- Price to book
- 32.48
- Peers 2.32
- Dividend yield
- 0.00%
- ROE
- 41.5%
- Peers 5.9%
- ROCE
- 36.4%
- Peers 9.3%
- Debt to equity
- 3.06
- Debt ₹306 Cr
- EPS (TTM)
- ₹0.85
- Face value ₹1
- OPM (TTM)
- 8.6%
- Net margin 6.7%
- Sales growth
- +94.0%
- Latest quarter vs a year ago
- Profit growth
- +37.0%
- Latest quarter vs a year ago
- Price to sales
- 6.16
- EV/EBITDA 76.2
Strengths and risks
Strengths
- Return on equity of 41.5%.
- Return on capital employed of 36.4%.
- Quarterly profit up 37.0% on a year ago.
- Quarterly sales up 94.0% on a year ago.
Risks to check
- Debt is 3.06× equity.
- P/E of 80.8 against an industry P/E of 17.2.
About SBC Exports
SBC Exports Limited manufactures and sells hosiery fabrics and garments in India and internationally. The company operates through three segments: Garments Manufacturing; Information Technology Services; and Travel and Tour Operations. It offers T-shirts, denims, sweatshirts, trousers, jackets, leggings, etc. under the SBC DESIGN+, F-ROUTE, IEDEE, FEMAS FASHIONS, FEMAS LINGERIE'S, and FEMAS JEANS brands for ladies, men, and kids; and wool and silk…
- Headquarters
- Mirzapur
- Employees
- 453
- Sector
- Consumer Cyclical
- ISIN
- INE04AK01028
- Website
- sbcexportslimited.com
Price range
- Avg volume (3M)
- 1.3 Cr
- 1-year return
- plus 176.0%
- From 52-week high
- minus 1.0%
Peers · Apparel Manufacturing
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PAGEINDPage Industries | 35,930.00 | plus 1.15% | 40,076 | 53.0 | 26.67 | 61.5% | 52.5% | 21.4% | 3.8% | 10.2% | 2.23% | minus 11.5% |
| PGILPearl Global Industries | 1,338.80 | 0.00% | 12,368 | 39.9 | 8.46 | 20.1% | 21.2% | 9.0% | 17.5% | 23.0% | 0.54% | plus 105.8% |
| MANYAVARVedant Fashions | 472.80 | minus 6.51% | 11,488 | 29.8 | 5.48 | 22.3% | 20.0% | 44.0% | 1.9% | −4.3% | 1.64% | minus 21.6% |
| GOKEXGokaldas Exports | 682.95 | minus 7.32% | 5,004 | 37.8 | 2.32 | 8.9% | 4.7% | 8.2% | 20.9% | −16.7% | 0.00% | minus 14.5% |
| ABFRLAditya Birla Fashion and Retail | 39.02 | minus 6.61% | 4,748 | – | 0.91 | −3.2% | −12.3% | 8.9% | −13.0% | – | 0.00% | minus 50.3% |
| LUXINDLux Industries | 1,162.40 | plus 0.41% | 3,496 | 34.1 | 1.86 | 9.3% | 5.9% | 6.4% | 7.2% | −9.9% | 0.17% | minus 7.5% |
| SBCSBC Exports | 68.70 | plus 2.86% | 3,271 | 80.8 | 32.48 | 36.4% | 41.5% | 8.7% | 27.2% | 54.1% | 0.00% | plus 176.0% |
| RAYMONDLSLRaymond Lifestyle | 530.60 | minus 1.56% | 3,232 | 90.4 | 0.34 | 2.8% | 0.4% | 8.3% | 276.0% | 8.6% | 0.19% | minus 54.1% |
| Median of 7 peers | – | −1.56% | 5,004 | 38.9 | 2.32 | 9.3% | 5.9% | 8.9% | 7.2% | 2.1% | 0.19% | −14.5% |
Quarterly results
| ₹ Cr | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 84.7 | 104 | 142 | 121 | 164 | |
| 74.4 | 92.6 | 136 | 108 | 150 | |
| 10.3 | 11.8 | 5.9 | 13.1 | 14.8 | |
| 12.1% | 11.3% | 4.2% | 10.8% | 9.0% | |
| 3.9 | 3.6 | 5.9 | 3.8 | 5.1 | |
| 2.4 | 3.7 | 3 | 3.6 | 4 | |
| 0.4 | 0.5 | 0.5 | 0.5 | 0.6 | |
| 11.4 | 11.2 | 8.2 | 12.8 | 15.4 | |
| 26.9% | – | – | 24.7% | 26.2% | |
| 8.3 | 11.2 | 8.2 | 9.6 | 11.4 | |
| 0.17 | 0.24 | 0.17 | 0.20 | 0.24 |
Profit & loss
- Sales CAGR 3Y
- +27.2%
- Profit CAGR 3Y
- +54.1%
- EPS CAGR 3Y
- +34.0%
- ROE
- 41.5%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 196 | 209 | 300 | 403 | |
| – | +7.0% | +43.3% | +34.4% | |
| 185 | 192 | 281 | 369 | |
| 10.7 | 17.4 | 19 | 33.9 | |
| 5.5% | 8.3% | 6.3% | 8.4% | |
| 1.8 | 3.2 | 6.5 | 12 | |
| 2.1 | 6.1 | 7 | 9.9 | |
| 1.1 | 1.6 | 1.6 | 1.8 | |
| – | −0 | 1.4 | 0 | |
| 9.3 | 12.9 | 18.4 | 34.2 | |
| 25.9% | 28.3% | 27.2% | 26.2% | |
| 6.9 | 9.3 | 13.4 | 25.3 | |
| – | +34.3% | +44.1% | +89.1% | |
| 0.22 | 0.30 | 0.28 | 0.53 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 21.2 | 31.7 | 47.6 | 47.6 | |
| 13.3 | 12.4 | 8 | 32.6 | |
| 26.9 | 52.7 | 136 | 227 | |
| 53.8 | 88 | 79.5 | 129 | |
| 115 | 185 | 271 | 437 | |
| 9.9 | 26 | 29.8 | 42.5 | |
| 1.9 | 2.8 | 4.7 | 17.1 | |
| 4.2 | 6.3 | 5.4 | 4.1 | |
| 4.6 | 5 | 12.9 | 18 | |
| 94.5 | 145 | 219 | 355 | |
| 115 | 185 | 271 | 437 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −10.8 | −4.8 | −69.4 | −72.3 | |
| −5.7 | −19.7 | −4.6 | −13.4 | |
| 17.4 | 24.8 | 81.9 | 90.9 | |
| 0.9 | 0.3 | 7.9 | 5.2 | |
| −3.9 | −17 | −6.4 | −14 | |
| −14.7 | −21.8 | −75.9 | −86.3 | |
| – | −1.1 | −1.6 | – |
Shareholding pattern
- Promoters50.97%
- Public49.03%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 50.97% | 49.03% | plus 0.69 | |
| 30 Jun 2026 | 50.28% | 49.72% | minus 0.07 | |
| 31 Mar 2026 | 50.35% | 49.65% | 0.00 | |
| 31 Dec 2025 | 50.35% | 49.65% | minus 0.32 | |
| 30 Sep 2025 | 50.67% | 49.33% | – |
Major shareholders
Filings & events
News
No recent news coverage found.