About Sportking India Limited

Sportking India Limited is a public limited company incorporated on February 15, 1989, with its registered office at Village Kanech, Near Sahnewal, G.T. Road, Ludhiana, Punjab. It manufactures cotton, synthetic, and blended yarn for the weaving and knitting industry across domestic and international markets. The company operates three state-of-the-art manufacturing facilities in India — at Kanech and Barmalipur (both in Ludhiana) and Jeeda (Bathinda) — equipped with modern machinery to produce quality grey and dyed yarns. Its international footprint covers 37 countries, reflecting a broad global reach and strong customer base.

Founded by Late Sh. Raj Kumar Avasthi, Sportking focuses on scale, quality, and consistent delivery within the weaving and knitting value chain. The company reported capacity utilization of approximately 96% in FY 2024-25 and produced 81,049 metric tonnes of cotton/synthetic yarn, underlining strong execution and asset productivity. Sportking has no subsidiaries, associates or joint ventures, operating solely as a standalone entity focused on its core spinning business.

Sportking India Limited Business Segment and Geographic Presence 

Sportking operates in a single business segment — yarn manufacturing. Geographically, the company has a notable presence both within India and overseas, with exports contributing around 51% of total turnover. It serves markets in 37 countries as of FY 2024-25.

The company’s product portfolio includes a diversified range of cotton, synthetic and blended grey and dyed yarns catering to domestic and international weaving and knitting industries. This single segment has expanded capacity and presence through efficient production and global markets.

Sportking India Limited Key Management

• Munish Avasthi – Chairman & Managing Director
• Naresh Kumar Jain – Executive Director (ceased June 7, 2025)
• Chetan Rupal – Executive Director (appointed August 2, 2025)
• Sandeep Sachdeva – Chief Financial Officer
• Lovlesh Verma – Company Secretary & Compliance Officer

Latest Updates on Sportking India Limited

• Equity share sub-division from face value Rs 10 to Rs 1 approved August 17, 2024, effective September 13, 2024; authorised capital amended accordingly.
• Upgraded credit rating to “CRISIL A+/Stable” (long-term) and “CRISIL A1” (short-term) as of May 21, 2025.
• Operational performance showed capacity utilization at 96% and yarn production at 81,049 M.T. in FY 2024-25.
• Energy-efficiency initiatives included rooftop solar power installations at Bathinda and Ludhiana units.
• Export sales grew 14.92% year-on-year, indicating enhanced international market presence.
• Board changes included the demise of Executive Director Naresh Kumar Jain (June 7, 2025), appointment of Puneet Singhania as Independent Director, Chetan Rupal as Executive Director, and re-appointment of Munish Avasthi as Managing Director & CEO for three years effective October 1, 2025 (subject to shareholder approval).