SPORTKING Q2 FY27 Guidance vs Delivery (SPORTKING Management Mirror)

Q2 FY27 EBITDA Margin Reaches 19.8%, Exceeding the 15% Plus H1 Guidance Set in Mar'26 Qtr

In Sep'26 Qtr financial results, the company reported an EBITDA margin of 19.8% alongside EBITDA of INR 15,488 Lakhs. This exceeded the expectations of achieving 15% plus margins for H1 FY27 guided in the Mar'26 Qtr concall and tracked above the near-term ~18.8% levels guided in the Jun'26 Qtr concall. Looking ahead, management reaffirmed confidence in sustaining first-half margin levels into the second half of the year for existing capacity, reiterating a base margin floor of 15% with potential upside toward 17-19% given supportive cost conditions, while noting long-term sustainable margins post-Odisha expansion remain pegged around 15%.