Quick Ratios
Quarterly Results
Profit & Loss
Balance Sheet
Cash Flow
Ratios
Mkt Cap
Market Capitalization
₹1,607Cr
Textiles - Readymade Apparel
Rev Gr TTM
Revenue Growth TTM
31.05%
Peer Comparison
Compare up to 10 companies side by side across valuation, profitability, and growth.

SBC
VS
| Quarter | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|
|
Growth YoY Revenue Growth YoY% | 28.4 | 27.6 | -4.5 | 4.3 | 2.6 | 24.3 | 87.3 | 38.6 | 38.8 | 10.3 | 28.4 | 45.0 |
| 65 | 48 | 31 | 48 | 65 | 60 | 60 | 70 | 92 | 67 | 74 | 93 |
Operating Profit Operating ProfitCr |
| 4.3 | 9.9 | 10.6 | 7.5 | 5.7 | 9.2 | 8.7 | 2.5 | 4.7 | 7.5 | 12.1 | 11.3 |
Other Income Other IncomeCr | 1 | 1 | 0 | 1 | 2 | 1 | 2 | 4 | 1 | 0 | 4 | 4 |
Interest Expense Interest ExpenseCr | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 4 |
Depreciation DepreciationCr | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| 3 | 5 | 2 | 3 | 3 | 5 | 5 | 4 | 4 | 3 | 11 | 11 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|
Growth YoY PAT Growth YoY% | 110.6 | 95.3 | 35.6 | 21.1 | 11.4 | 15.9 | 147.5 | 27.5 | 21.1 | -34.8 | 111.7 | 206.0 |
| 4.4 | 8.7 | 6.2 | 5.5 | 4.8 | 8.1 | 8.1 | 5.1 | 4.2 | 4.8 | 13.4 | 10.7 |
| 0.1 | 0.1 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 |
| Financial Year | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|
|
| | 8.1 | -4.0 | 40.4 | 19.3 |
| 198 | 212 | 197 | 282 | 326 |
Operating Profit Operating ProfitCr |
| 3.7 | 4.8 | 7.9 | 6.1 | 9.0 |
Other Income Other IncomeCr | 0 | 2 | 4 | 9 | 9 |
Interest Expense Interest ExpenseCr | 2 | 2 | 6 | 7 | 10 |
Depreciation DepreciationCr | 1 | 1 | 2 | 2 | 2 |
| 6 | 9 | 13 | 18 | 30 |
| 2 | 2 | 4 | 5 | 0 |
|
| | 99.8 | 34.3 | 44.1 | 124.8 |
| 1.7 | 3.1 | 4.3 | 4.5 | 8.4 |
| 0.1 | 0.1 | 0.2 | 0.3 | 0.6 |
| Financial Year | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|
Equity Capital Equity CapitalCr | 21 | 21 | 32 | 48 | 48 |
| 5 | 13 | 12 | 8 | 23 |
Current Liabilities Current LiabilitiesCr | 66 | 74 | 115 | 188 | 247 |
Non Current Liabilities Non Current LiabilitiesCr | 4 | 6 | 26 | 28 | 26 |
Total Liabilities Total LiabilitiesCr |
Current Assets Current AssetsCr | 86 | 101 | 147 | 236 | 306 |
Non Current Assets Non Current AssetsCr | 11 | 14 | 37 | 36 | 37 |
Total Assets Total AssetsCr |
| Financial Year | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Operating Cash Flow Operating Cash FlowCr | 5 | -11 | -5 | -69 |
Investing Cash Flow Investing Cash FlowCr | -4 | -6 | -20 | -5 |
Financing Cash Flow Financing Cash FlowCr | 0 | 17 | 25 | 82 |
|
Free Cash Flow Free Cash FlowCr | 2 | -15 | -22 | -76 |
| 130.2 | -156.2 | -52.0 | -519.5 |
CFO To EBITDA CFO To EBITDA% | 59.1 | -101.6 | -28.8 | -381.8 |
| Financial Year | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Valuation Ratios Valuation Ratios |
Market Cap Market CapitalizationCr | 116 | 390 | 639 | 600 |
Price To Earnings Price To Earnings | 34.1 | 55.9 | 69.4 | 45.0 |
Price To Sales Price To Sales | 0.6 | 1.8 | 3.0 | 2.0 |
Price To Book Price To Book | 4.4 | 11.3 | 14.5 | 10.8 |
| 15.9 | 38.8 | 40.9 | 39.8 |
Profitability Ratios Profitability Ratios |
| 10.8 | 14.1 | 19.7 | 15.2 |
| 3.7 | 4.8 | 7.9 | 6.1 |
| 1.7 | 3.1 | 4.3 | 4.5 |
| 20.3 | 18.9 | 19.5 | 13.3 |
| 13.1 | 20.0 | 21.0 | 24.0 |
| 3.6 | 6.0 | 5.0 | 4.9 |
Operational Ratios Operational Ratios |
Solvency Ratios Solvency Ratios |
Liquidity Ratios Liquidity Ratios |
### **Overview**
SBC Exports Limited, incorporated in 2011 and based in Mirzapur, Uttar Pradesh, has evolved from a traditional textile trading company into a diversified conglomerate operating across three core business verticals:
1. **Garments & Carpets**
2. **Information Technology Support Services**
3. **Travel & Tourism (via subsidiary Mauji Trip Limited)**
With over three decades of combined industry expertise, particularly in textiles and manufacturing, SBC Exports has strategically expanded its operations to capitalize on emerging market opportunities, innovation, and digital transformation.
---
### **Core Business Segments**
#### **1. Garments & Textiles Division**
- The company operates integrated manufacturing facilities in **Mirzapur** and **Sahibabad (Ghaziabad), Uttar Pradesh**, equipped for fabric production, dyeing, printing, stitching, and packaging.
- Key product categories include:
- Hosiery wear: T-shirts, sweatshirts, loungewear, athleisure, innerwear
- Bottoms: Trousers, denims, capris, Bermuda shorts
- Outerwear: Jackets
- Focus on **natural fibers**, **eco-friendly materials**, and **sustainable sourcing**, leveraging India’s heritage in craftsmanship to develop export-oriented, ethically produced apparel.
- The company manufactures and markets products under its **in-house brands**:
- **F-ROUTE** – Youth-oriented fashion brand
- **SBC Design+** – Lifestyle and performance wear
- **IEDEE** – Value-focused apparel line
##### **F-ROUTE Brand Update (Nov 2025)**
- F-ROUTE is positioned as a **youth-centric, trend-driven fashion brand** targeting men, women, and children.
- Core values: **Comfort, style, and self-expression**.
- Rebranded with the new slogan **“Uniquely You”** as part of a strategic repositioning to resonate with younger, fashion-conscious consumers.
- Strong focus on **innerwear, athleisure, and everyday wear**, with over 150 SKUs.
- Distributed via retail partners and directly through **www.frouteclothing.com**, the brand’s e-commerce platform.
##### **Export & Manufacturing Strengths**
- Exports **handmade wool and silk carpets**, as well as garments, primarily to **Dubai** and other Middle Eastern markets.
- Recognized by the **Carpet Export Promotion Council of India**.
- Maintains long-term client relationships, including **Gawgee Brothers Wholesalers Co. LLC (Dubai)**, with repeat orders such as:
- **$4.4 million (Oct 2022)**
- **$1.25 million (Jun 2025)** — supplying garments for **“Day-to-Day”**, a leading UAE retail chain.
- Strategic partnership negotiations underway with **HUXXE Readymade Garments Trading LLC**, Dubai, targeting **1 million units annually** and a potential **15–20% increase in export revenue**.
- Participation in global trade events, including **BharatTex (Delhi)** and **MAGIC Las Vegas (Feb 2024)**, to expand international visibility.
##### **Technology & Innovation**
- Significant investments in automation:
- **Precision looms, automated dyeing systems, robotic fabric handling**
- **Digital fabric printing** for high-resolution, customizable designs with faster time-to-market
- Launched **smart textiles** embedded with sensors and conductive fibers for health monitoring and temperature regulation — a move into wearable technology and functional apparel.
- Developing an **advanced automatic whole-garment manufacturing facility** in Ghaziabad (3,502.38 sqm plot) to address export capacity constraints. The project is phased over 18 months starting Q4 2024.
##### **Domestic Market & Expansion Plans**
- Distributes through **~450 distributors** covering **15,000+ retail touchpoints**, primarily in Tier-2 and Tier-3 cities.
- Plans to:
- Open **30 flagship stores** and **50 franchise outlets** by 2025
- Launch **100 company-owned stores** to strengthen brand recall
- Expand presence on **major e-commerce platforms** and enhance digital marketing
- Appointed **TV actor Saurabh Raaj Jain** as brand ambassador for F-ROUTE (post-Gurmeet Choudhary), boosting consumer engagement.
---
#### **2. Information Technology Support Services**
- Entered the IT sector in **2016–17**, initially offering **IT manpower supply**, now expanded to:
- Web & software development (GIGW-compliant)
- E-governance solutions
- System integration
- Scanning & digitization
- IT infrastructure support
- Clients include **government and public-sector organizations** such as:
- National Informatics Centre (NIC)
- Institute of Company Secretaries of India (ICSI)
- India Tourism Development Corporation (ITDC)
- MECL, RDSO
- **Profit before Tax & Interest (Sep 2025): ₹623.54 lakhs**, up from ₹549.09 lakhs (previous year), reflecting strong growth momentum.
- Investing in workforce training and scalable cloud-based solutions to broaden geographic reach and service capabilities.
---
#### **3. Travel & Tourism – Mauji Trip Limited**
- Wholly owned subsidiary established in **2021**, rebranded from Maujitrip.com.
- Provides **end-to-end travel solutions** for individuals and corporations via:
- Website: **www.maujitrip.com**
- Mobile apps (Android & iOS)
- Service offerings:
- Leisure packages: Adventure, cultural, religious, wildlife, hill station tours
- Corporate travel: MICE (Meetings, Incentives, Conferences, Exhibitions)
- Destination weddings, group travel, itinerary design, hotel bookings
- Key differentiators:
- 24/7 customer service
- Personalized travel consulting
- Ground support and safety-focused itineraries
- Achieved **140.26% revenue growth in FY 2023–24**.
- Expanded operations into the **Middle East** through partnerships with local travel providers.
---
### **Corporate & Financial Highlights**
- **Listed on BSE SME (2019)**, migrated to **mainboard of BSE & NSE (2021)**.
- Emphasis on **sustainability**, **innovation**, and **customer satisfaction** across all verticals.
- Strong R&D initiatives in collaboration with **academic and industry partners**.
- Advanced **quality assurance labs** for testing product durability, colorfastness, and environmental impact.