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SBC Exports Ltd. (IN:SBC)
:SBC
India Market
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SBC Exports Ltd. (SBC) AI Stock Analysis

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IN:SBC

SBC Exports Ltd.

(SBC)

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Neutral 53 (OpenAI - Gpt-5.6Sol)
Rating:53Neutral
Price Target:
₹50.00
▲(73.19% Upside)
Action:Reiterated
Date:09/20/26
The score is primarily constrained by weak cash flow and elevated leverage despite improving revenue/profitability trends. Technicals are supportive due to a strong uptrend, but overbought signals reduce confidence at current levels. A high P/E with no dividend yield provided further limits the overall score.
Positive Factors
Revenue Reacceleration
The sharp return to revenue growth indicates renewed business momentum after a flat prior year. If sustained, stronger sales can broaden operating scale, support investment in the business, and provide a durable foundation for improving earnings over the next several quarters.
Negative Factors
Elevated Leverage
The steep increase in debt relative to equity materially raises balance-sheet risk and reduces financial flexibility. Higher leverage can make the company more vulnerable if earnings weaken, while limiting its ability to fund growth or absorb sustained operating pressure without additional financing.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Reacceleration
The sharp return to revenue growth indicates renewed business momentum after a flat prior year. If sustained, stronger sales can broaden operating scale, support investment in the business, and provide a durable foundation for improving earnings over the next several quarters.
Read all positive factors

SBC Exports Ltd. (SBC) vs. iShares MSCI India ETF (INDA)

SBC Exports Ltd. Business Overview & Revenue Model

Company Description
Established in 2011 and based in Mirzapur, India, SBC Exports Limited operates across multiple business sectors. The company is involved in the manufacturing and distribution of hosiery fabrics and various apparel items like T-shirts, denims, swea...

SBC Exports Ltd. Financial Statement Overview

Summary
Income statement strength (score 72) shows sharply improved growth and higher net margin, but this is offset by rising leverage on the balance sheet (score 48; debt-to-equity ~2.83) and very weak cash generation (cash flow score 22 with persistent negative operating cash flow and free cash flow). Overall, profitability momentum is present, but financial quality and balance-sheet risk materially reduce the score.
Income Statement
72
Positive
Balance Sheet
48
Neutral
Cash Flow
22
Negative
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue4.52B4.03B3.00B2.09B1.96B1.69B
Gross Profit519.07M420.52M455.75M414.46M301.76M208.22M
EBITDA544.99M471.49M181.91M204.40M127.11M79.66M
Net Income403.85M252.73M133.67M92.76M69.09M34.58M
Balance Sheet
Total Assets0.004.37B2.71B1.85B1.15B970.85M
Cash, Cash Equivalents and Short-Term Investments180.48M180.48M128.75M49.73M46.48M37.02M
Total Debt0.002.27B1.36B527.38M267.60M94.17M
Total Liabilities-801.95M3.57B2.16B1.41B797.43M706.83M
Stockholders Equity801.95M801.95M556.11M441.79M349.20M264.02M
Cash Flow
Free Cash Flow-596.89M-863.30M-758.65M-218.40M-146.53M24.60M
Operating Cash Flow-572.54M-723.38M-694.48M-48.28M-107.90M45.02M
Investing Cash Flow-25.86M-133.53M-45.90M-196.67M-57.07M-39.72M
Financing Cash Flow623.33M908.65M819.40M248.20M174.43M2.83M

SBC Exports Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price28.87
Price Trends
50DMA
42.54
Positive
100DMA
40.16
Positive
200DMA
35.15
Positive
Market Momentum
MACD
2.12
Negative
RSI
78.00
Negative
STOCH
82.21
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SBC, the sentiment is Positive. The current price of 28.87 is below the 20-day moving average (MA) of 44.56, below the 50-day MA of 42.54, and below the 200-day MA of 35.15, indicating a bullish trend. The MACD of 2.12 indicates Negative momentum. The RSI at 78.00 is Negative, neither overbought nor oversold. The STOCH value of 82.21 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:SBC.

SBC Exports Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
72
Outperform
₹28.75B10.255.06%8.87%2.96%
62
Neutral
₹51.03B21.752.16%21.02%-44.88%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
53
Neutral
₹23.55B57.930.14%47.28%145.90%
48
Neutral
₹38.05B69.28-63.67%348.23%
46
Neutral
₹90.31B20.221.62%-19.71%355.54%
45
Neutral
₹6.74B1.021.36%2545.89%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:SBC
SBC Exports Ltd.
49.45
28.05
131.07%
IN:BALMLAWRIE
Balmer Lawrie & Co. Ltd.
168.10
-35.97
-17.63%
IN:MMTC
MMTC Limited
60.21
-10.78
-15.19%
IN:MSTCLTD
MSTC Ltd.
724.90
207.96
40.23%
IN:SINDHUTRAD
Sindhu Trade Links Ltd.
24.68
-4.93
-16.65%
IN:STCINDIA
State Trading Corporation of India Limited
112.40
-27.20
-19.48%

SBC Exports Ltd. Corporate Events

SBC Exports dispatches annual report web-link, sets 15th AGM for September 30
Sep 5, 2026
SBC Exports Limited has notified stock exchanges that it has dispatched letters to shareholders who have not registered their email addresses, providing them with a web link and exact navigation path to access the company’s Integrated Annual...
SBC Exports Wins Repeat ₹7.5 Crore Garment Order from Dubai Buyer
Sep 4, 2026
SBC Exports Ltd. has secured a repeat export order from Dubai-based HUXXE Readymade Garments Trading LLC for various garment articles valued at about INR 7.5 crore, with consideration denominated in U.S. dollars. The contract, to be executed withi...
SBC Exports Wins ₹22-Crore Dubai Garment Order, Marking Global Push
Sep 4, 2026
SBC Exports Ltd., a player in the textile and garments sector, supplies apparel such as T-shirts, trousers and shorts, and has been actively seeking to expand into overseas markets beyond India. Its strategic focus includes building a stronger exp...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Sep 20, 2026