Stock at Rs 31: Highest-ever profit in last one decade; aggressive blueprint for next 5 years of expansion

On the global stage, the company aims to expand its export division by 30 per cent, focusing on emerging markets in Asia, Africa, and South America.

On Wednesday, the Indian market traded in red as banking stocks and the index heavyweight, Reliance Industries, experienced a sharp sell-off. However, amidst this downturn, the broader markets displayed resilience. The Nifty Smallcap 100 index was trading higher by 0.07 per cent, while the Midcap 100 index saw a marginal dip.

One notable stock that showed signs of recovery from lower levels was SBC Exports. Trading at Rs 31 with marginal gains, the stock rebounded from intraday lows of Rs 30.

Established in 1991, SBC Exports has diversified into Hosiery Fabrics & Garments Trading, with manufacturing units in Mirzapur and the Sahibabad Industrial Area, Ghaziabad. It boasts a diverse range of high-quality apparel under brand names like “SBC DESIGN+,” “F-ROUTE,” and “IEDEE,” catering to all ages and genders with products ranging from T-shirts to denims, sweatshirts, trousers, jackets, leggings, and more.

Through its subsidiary, Mauji Trip Limited, the company offers diverse travel experiences across India, from cultural and adventure tours to religious pilgrimages and wildlife expeditions, covering destinations like the Himalayas, Andaman, and Rajasthan. Customized holiday packages tailored to clients' preferences underscore the company's commitment to personalized service.

In FY24, the company witnessed a 2.36 per cent growth in operating revenue, reaching Rs 191 crore. Operating margin also improved from 5.50 per cent in FY23 to 8.46 per cent in FY24. Notably, the net profit reported by the company in FY24 stood at Rs 9.4 crore, marking the highest in the last decade, with a significant jump of 38.2 per cent compared to FY23.

In a recent development, SBC Exports announced its ambitious plans for the next five years. The company's strategic plan focuses on expanding through a Franchise Model, Boosting Online Sales, establishing Retail Stores, increasing Exports, and securing New Government Projects.

Embracing collaboration and local expertise, SBC Exports is inviting passionate entrepreneurs to join its global network through its franchise model, thereby fostering entrepreneurship and creating local job opportunities. The company aims to launch 50 franchise stores, with comprehensive support and targeting key urban areas.

Additionally, SBC Exports plans to establish flagship retail stores in strategic markets worldwide, aiming to open 30 stores in Tier-2 or Tier-3 cities to build meaningful connections with customers.

On the global stage, the company aims to expand its export division by 30 per cent, focusing on emerging markets in Asia, Africa, and South America. This expansion strategy includes establishing regional offices, developing partnerships, and participating in trade shows to drive exponential growth in export operations.

As part of its extended expansion plan, SBC Exports will seek to secure new government projects by strengthening its government relations and expanding its network within relevant ministries and departments. This involves responding to tenders and bids for government contracts with competitive proposals and ensuring compliance with all regulatory requirements and standards.

Disclaimer: The article is for informational purposes only and not investment advice.