Sangam (India) Ltd
Sangam (India) Limited is engaged in the business of manufacturing and selling of Synthetic Blended, Cotton & Texturised yarn, Fabrics, Denim Fabrics and readymade seamless garment. [1]
- Market Cap ₹ 940 Cr.
- Current Price ₹ 209
- High / Low ₹ 423 / 185
- Stock P/E 4.91
- Book Value ₹ 185
- Dividend Yield 0.96 %
- ROCE 18.7 %
- ROE 23.8 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.13 times its book value
- Company is expected to give good quarter
- Company has delivered good profit growth of 22.1% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 38.8%
Cons
- The company has delivered a poor sales growth of 8.87% over past five years.
- Company has a low return on equity of 9.93% over last 3 years.
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Textiles Industry: Textiles - Spinning - Synthetic / Blended
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,171 | 1,416 | 1,478 | 1,432 | 1,468 | 1,504 | 1,594 | 1,638 | 1,874 | 1,783 | 1,354 | 2,438 | 2,815 | |
974 | 1,261 | 1,269 | 1,243 | 1,259 | 1,278 | 1,418 | 1,511 | 1,711 | 1,622 | 1,230 | 2,130 | 2,458 | |
Operating Profit | 197 | 155 | 209 | 189 | 209 | 226 | 176 | 127 | 162 | 161 | 123 | 308 | 357 |
OPM % | 17% | 11% | 14% | 13% | 14% | 15% | 11% | 8% | 9% | 9% | 9% | 13% | 13% |
7 | 5 | 12 | 13 | 11 | 24 | 23 | 25 | 9 | 8 | 10 | -5 | -6 | |
Interest | 56 | 67 | 69 | 66 | 67 | 64 | 64 | 63 | 67 | 69 | 49 | 48 | 55 |
Depreciation | 64 | 68 | 77 | 74 | 80 | 76 | 73 | 77 | 80 | 81 | 81 | 70 | 74 |
Profit before tax | 83 | 26 | 75 | 61 | 72 | 110 | 63 | 13 | 24 | 20 | 3 | 184 | 222 |
Tax % | 32% | 34% | 31% | 34% | 29% | 30% | 13% | -141% | 36% | 34% | -57% | 24% | |
Net Profit | 57 | 17 | 51 | 40 | 52 | 77 | 55 | 30 | 16 | 13 | 5 | 141 | 181 |
EPS in Rs | 14.36 | 4.33 | 13.01 | 10.27 | 13.08 | 19.54 | 13.91 | 7.72 | 3.96 | 3.37 | 1.24 | 32.46 | 41.37 |
Dividend Payout % | 10% | 23% | 9% | 15% | 15% | 10% | 14% | 13% | 25% | 30% | 81% | 6% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 9% |
3 Years: | 9% |
TTM: | 42% |
Compounded Profit Growth | |
---|---|
10 Years: | 21% |
5 Years: | 22% |
3 Years: | 118% |
TTM: | 126% |
Stock Price CAGR | |
---|---|
10 Years: | 15% |
5 Years: | 4% |
3 Years: | 51% |
1 Year: | -44% |
Return on Equity | |
---|---|
10 Years: | 11% |
5 Years: | 8% |
3 Years: | 10% |
Last Year: | 24% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 43 | 43 | 45 | |
Reserves | 200 | 213 | 258 | 292 | 332 | 400 | 454 | 476 | 487 | 494 | 516 | 647 | 790 |
719 | 722 | 664 | 592 | 617 | 649 | 708 | 787 | 707 | 648 | 590 | 764 | 794 | |
159 | 157 | 169 | 174 | 188 | 204 | 228 | 281 | 307 | 266 | 267 | 368 | 289 | |
Total Liabilities | 1,117 | 1,131 | 1,131 | 1,097 | 1,177 | 1,292 | 1,430 | 1,583 | 1,541 | 1,447 | 1,417 | 1,822 | 1,919 |
539 | 625 | 583 | 538 | 563 | 585 | 654 | 699 | 648 | 616 | 590 | 602 | 691 | |
CWIP | 13 | 10 | 8 | 14 | 3 | 14 | 11 | 9 | 12 | 10 | 9 | 71 | 75 |
Investments | 8 | 8 | 8 | 8 | 6 | 6 | 6 | 6 | 6 | 6 | 0 | 8 | 38 |
558 | 489 | 532 | 538 | 605 | 687 | 759 | 869 | 875 | 816 | 818 | 1,141 | 1,114 | |
Total Assets | 1,117 | 1,131 | 1,131 | 1,097 | 1,177 | 1,292 | 1,430 | 1,583 | 1,541 | 1,447 | 1,417 | 1,822 | 1,919 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
77 | 214 | 155 | 163 | 136 | 139 | 147 | 95 | 174 | 183 | 132 | 95 | |
-45 | -152 | -30 | -31 | -94 | -107 | -131 | -107 | -24 | -39 | -43 | -197 | |
-29 | -63 | -126 | -137 | -41 | -33 | -14 | 8 | -151 | -132 | -93 | 113 | |
Net Cash Flow | 3 | -1 | -1 | -5 | 1 | -0 | 2 | -4 | -1 | 13 | -4 | 11 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 47 | 32 | 43 | 51 | 63 | 66 | 59 | 73 | 71 | 62 | 79 | 56 |
Inventory Days | 132 | 96 | 95 | 105 | 114 | 131 | 144 | 138 | 118 | 133 | 182 | 143 |
Days Payable | 28 | 24 | 29 | 32 | 32 | 34 | 41 | 58 | 55 | 41 | 57 | 36 |
Cash Conversion Cycle | 151 | 105 | 110 | 124 | 144 | 163 | 162 | 152 | 134 | 154 | 205 | 163 |
Working Capital Days | 109 | 76 | 72 | 75 | 89 | 106 | 112 | 122 | 103 | 107 | 155 | 111 |
ROCE % | 15% | 10% | 15% | 14% | 15% | 17% | 11% | 6% | 7% | 7% | 4% | 19% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 19 Jan
-
Investment In Sangam Ventures Limited, A Wholly Owned Subsidiary Company
16 Jan - Company has made further investment to the extent of Rs. 15.50 crores in Sangam Ventures Limited, a wholly-owned subsidiary (WOS). Sangam Ventures Limited has allotted …
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Jan - Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the Quarter ended 31st December, 2022 as received from Bigshare Services Private …
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 9 Jan
- Disclosures under Reg. 10(6) of SEBI (SAST) Regulations, 2011 5 Jan
Annual reports
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2011
from nse
-
Financial Year 2010
from bse
Products
Yarn division- PV-Dyed & Grey Yarn, Cotton Spun, Open-ended & Indigo Rope Dyed Yarn and Texturised Yarn.
Fabric division- PV fabrics and processed fabrics as well as Denim fabric.
Seamless garment division- Airwear, Active wear, Leisure wear, Intimate wear, Shapewear, and Casual wear. [1]