Sangam (India) Ltd

Sangam India Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Sangam (India) Ltd

₹ 437 0.40%
26 Apr - close price
sangamgroup.com BSE: 514234 NSE : SANGAMIND
About

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]

Key Points

Leadership[1]
One of the largest manufacturer of PV dyed Yarn and Denim Fabric. The company is market leader in PV Yarn, PV Fabric, Denim Fabric.

Website BSE NSE
  • Market Cap ₹ 2,195 Cr.
  • Current Price ₹ 437
  • High / Low ₹ 630 / 226
  • Stock P/E 29.0
  • Book Value ₹ 215
  • Dividend Yield 0.46 %
  • ROCE 15.7 %
  • ROE 19.1 %
  • Face Value ₹ 10.0
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Pros

  • Company has delivered good profit growth of 37.6% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 31.2%
  • Debtor days have improved from 61.0 to 47.4 days.
  • Company's working capital requirements have reduced from 110 days to 87.1 days

Cons

  • 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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
438.23 495.49 410.36 634.92 646.13 746.35 713.28 709.32 605.00 687.70 677.13 628.71 636.07
396.37 421.66 360.97 561.58 568.99 638.58 620.10 630.66 545.74 617.26 624.10 585.82 590.68
Operating Profit 41.86 73.83 49.39 73.34 77.14 107.77 93.18 78.66 59.26 70.44 53.03 42.89 45.39
OPM % 9.55% 14.90% 12.04% 11.55% 11.94% 14.44% 13.06% 11.09% 9.80% 10.24% 7.83% 6.82% 7.14%
2.59 5.07 1.79 3.52 2.63 -13.07 4.65 -0.12 -0.82 -11.99 0.80 2.96 2.29
Interest 11.80 13.85 11.54 12.03 13.00 11.23 14.29 16.44 13.33 9.55 13.57 14.90 17.43
Depreciation 20.32 19.21 19.29 18.09 17.98 14.98 18.50 22.05 24.80 12.82 20.30 20.79 25.31
Profit before tax 12.33 45.84 20.35 46.74 48.79 68.49 65.04 40.05 20.31 36.08 19.96 10.16 4.94
Tax % 39.25% 25.55% 35.04% 36.24% 10.53% 20.78% 19.28% 24.32% 9.16% 7.79% 28.91% 31.50% 11.13%
7.49 34.13 13.22 29.80 43.65 54.26 52.50 30.31 18.45 33.27 14.19 6.96 4.39
EPS in Rs 1.72 7.86 3.04 6.86 10.05 12.50 12.09 6.73 4.10 7.39 3.15 1.55 0.97
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
1,416 1,478 1,432 1,468 1,504 1,594 1,638 1,874 1,783 1,354 2,438 2,715 2,630
1,261 1,269 1,243 1,259 1,278 1,418 1,511 1,711 1,622 1,230 2,130 2,414 2,418
Operating Profit 155 209 189 209 226 176 127 162 161 123 308 302 212
OPM % 11% 14% 13% 14% 15% 11% 8% 9% 9% 9% 13% 11% 8%
5 12 13 11 24 23 25 9 8 10 -5 -8 -6
Interest 67 69 66 67 64 64 63 67 69 49 48 54 55
Depreciation 68 77 74 80 76 73 77 80 81 81 70 78 79
Profit before tax 26 75 61 72 110 63 13 24 20 3 184 161 71
Tax % 34% 31% 34% 29% 30% 13% -141% 36% 34% -57% 24% 17%
17 51 40 52 77 55 30 16 13 5 141 135 59
EPS in Rs 4.33 13.01 10.27 13.08 19.54 13.91 7.72 3.96 3.37 1.24 32.46 29.87 13.06
Dividend Payout % 23% 9% 15% 15% 10% 14% 13% 25% 30% 81% 6% 7%
Compounded Sales Growth
10 Years: 6%
5 Years: 11%
3 Years: 15%
TTM: -5%
Compounded Profit Growth
10 Years: 11%
5 Years: 38%
3 Years: 124%
TTM: -56%
Stock Price CAGR
10 Years: 27%
5 Years: 48%
3 Years: 77%
1 Year: 64%
Return on Equity
10 Years: 12%
5 Years: 11%
3 Years: 16%
Last Year: 19%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 39 39 39 39 39 39 39 39 39 43 43 45 50
Reserves 213 258 292 332 400 454 476 487 494 516 647 819 918
722 664 592 617 649 708 787 707 648 590 610 810 889
157 169 174 188 204 228 281 307 266 267 521 438 483
Total Liabilities 1,131 1,131 1,097 1,177 1,292 1,430 1,583 1,541 1,447 1,417 1,822 2,112 2,341
625 583 538 563 585 654 699 648 616 590 602 655 840
CWIP 10 8 14 3 14 11 9 12 10 9 71 217 194
Investments 8 8 8 6 6 6 6 6 6 0 8 57 58
489 532 538 605 687 759 869 875 816 818 1,141 1,183 1,248
Total Assets 1,131 1,131 1,097 1,177 1,292 1,430 1,583 1,541 1,447 1,417 1,822 2,112 2,341

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
214 155 163 136 139 147 95 174 183 132 248 193
-152 -30 -31 -94 -107 -131 -107 -24 -39 -43 -197 -332
-63 -126 -137 -41 -33 -14 8 -151 -132 -93 -41 146
Net Cash Flow -1 -1 -5 1 -0 2 -4 -1 13 -4 11 7

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 32 43 51 63 66 59 73 71 62 79 56 47
Inventory Days 96 95 105 114 131 144 138 118 133 182 143 121
Days Payable 24 29 32 32 34 41 58 55 41 57 78 53
Cash Conversion Cycle 105 110 124 144 163 162 152 134 154 205 122 115
Working Capital Days 76 72 75 89 106 112 122 103 107 155 88 87
ROCE % 10% 15% 14% 15% 17% 11% 6% 7% 7% 4% 20% 16%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
59.15% 61.45% 61.45% 61.44% 61.44% 70.29% 70.29% 70.29% 70.18% 70.18% 70.17% 70.17%
0.00% 0.01% 0.82% 0.59% 0.52% 0.48% 0.42% 0.37% 0.34% 0.26% 0.17% 2.65%
1.22% 1.22% 0.02% 0.01% 0.02% 0.00% 0.00% 0.00% 0.01% 0.33% 0.33% 0.54%
39.64% 37.32% 37.71% 37.95% 38.02% 29.23% 29.29% 29.27% 29.41% 28.89% 28.49% 25.81%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.08% 0.07% 0.34% 0.85% 0.84%
No. of Shareholders 7,0517,6457,99011,19211,36710,97411,24810,98111,43710,79210,76110,145

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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