Balance sheet of Sportking India is strong.
But short term working capital might become an issue for this company.

The net debt of Sportking India is decreasing.
Latest net debt of Sportking India is ₹584 Crs as of Mar-25.
This is less than Mar-24 when it was ₹872 Crs.

The profit is oscillating.
The profit of Sportking India is ₹113 Crs for TTM, ₹70.35 Crs for Mar 2024 and ₹132 Crs for Mar 2023.

The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Sportking India latest dividend payout ratio is 9.03% and 3yr average dividend payout ratio is 9.03%

Companies resources are allocated to majorly unproductive assets like Inventory, Accounts Receivable