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 ₹ 2,633 Cr.
- Current Price ₹ 526
- High / Low ₹ 577 / 341
- Stock P/E 29.1
- Book Value ₹ 239
- Dividend Yield 0.38 %
- ROCE 10.7 %
- ROE 8.71 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 24.9%
- Company's working capital requirements have reduced from 18.4 days to 10.5 days
Cons
- Company has a low return on equity of 5.43% over last 3 years.
* 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
Consumer Discretionary Textiles Textiles & Apparels Other Textile Products
Part of BSE Consumer Discretionary BSE 1000
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,468 | 1,504 | 1,594 | 1,638 | 1,874 | 1,783 | 1,354 | 2,438 | 2,715 | 2,648 | 2,843 | 3,190 | |
| 1,259 | 1,278 | 1,418 | 1,511 | 1,711 | 1,622 | 1,230 | 2,130 | 2,414 | 2,445 | 2,618 | 2,878 | |
| Operating Profit | 209 | 226 | 176 | 127 | 162 | 161 | 123 | 308 | 302 | 203 | 225 | 311 |
| OPM % | 14% | 15% | 11% | 8% | 9% | 9% | 9% | 13% | 11% | 8% | 8% | 10% |
| 11 | 24 | 23 | 25 | 9 | 8 | 10 | -5 | -8 | 9 | 13 | 5 | |
| Interest | 67 | 64 | 64 | 63 | 67 | 69 | 49 | 48 | 54 | 68 | 92 | 110 |
| Depreciation | 80 | 76 | 73 | 77 | 80 | 81 | 81 | 70 | 78 | 91 | 107 | 90 |
| Profit before tax | 72 | 110 | 63 | 13 | 24 | 20 | 3 | 184 | 161 | 53 | 39 | 117 |
| Tax % | 29% | 30% | 13% | -141% | 36% | 34% | -57% | 24% | 17% | 28% | 29% | 26% |
| 52 | 77 | 55 | 30 | 16 | 13 | 5 | 141 | 135 | 38 | 27 | 86 | |
| EPS in Rs | 13.08 | 19.54 | 13.91 | 7.72 | 3.96 | 3.37 | 1.24 | 32.46 | 29.87 | 8.46 | 6.10 | 19.02 |
| Dividend Payout % | 15% | 10% | 14% | 13% | 25% | 30% | 81% | 6% | 7% | 26% | 37% | 12% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 19% |
| 3 Years: | 6% |
| TTM: | 12% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 67% |
| 3 Years: | -15% |
| TTM: | 200% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 43% |
| 3 Years: | 29% |
| 1 Year: | 29% |
| Return on Equity | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 10% |
| 3 Years: | 5% |
| Last Year: | 9% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 39 | 39 | 39 | 39 | 39 | 39 | 43 | 43 | 45 | 50 | 50 | 50 |
| Reserves | 332 | 400 | 454 | 476 | 487 | 494 | 516 | 673 | 842 | 935 | 953 | 1,026 |
| 617 | 649 | 708 | 787 | 707 | 648 | 590 | 610 | 810 | 1,005 | 1,067 | 1,222 | |
| 188 | 204 | 228 | 281 | 307 | 266 | 267 | 496 | 415 | 666 | 792 | 954 | |
| Total Liabilities | 1,177 | 1,292 | 1,430 | 1,583 | 1,541 | 1,447 | 1,417 | 1,822 | 2,112 | 2,656 | 2,862 | 3,252 |
| 563 | 585 | 654 | 699 | 648 | 616 | 590 | 602 | 655 | 919 | 1,194 | 1,428 | |
| CWIP | 3 | 14 | 11 | 9 | 12 | 10 | 9 | 71 | 217 | 217 | 177 | 82 |
| Investments | 6 | 6 | 6 | 6 | 6 | 6 | 0 | 8 | 57 | 50 | 119 | 193 |
| 605 | 687 | 759 | 869 | 875 | 816 | 818 | 1,141 | 1,183 | 1,469 | 1,373 | 1,550 | |
| Total Assets | 1,177 | 1,292 | 1,430 | 1,583 | 1,541 | 1,447 | 1,417 | 1,822 | 2,112 | 2,656 | 2,862 | 3,252 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 136 | 139 | 147 | 95 | 174 | 183 | 132 | 248 | 193 | 179 | 433 | 249 | |
| -94 | -107 | -131 | -107 | -24 | -39 | -43 | -197 | -332 | -368 | -369 | -270 | |
| -41 | -33 | -14 | 8 | -151 | -132 | -93 | -41 | 146 | 189 | -43 | 37 | |
| Net Cash Flow | 1 | -0 | 2 | -4 | -1 | 13 | -4 | 11 | 7 | 0 | 22 | 16 |
| Free Cash Flow | 38 | 30 | 8 | -23 | 144 | 137 | 80 | 56 | -107 | -193 | 125 | 42 |
| CFO/OP | 76% | 76% | 83% | 81% | 97% | 113% | 109% | 96% | 79% | 94% | 193% | 83% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 63 | 66 | 59 | 73 | 71 | 62 | 79 | 56 | 47 | 63 | 64 | 75 |
| Inventory Days | 114 | 131 | 144 | 138 | 118 | 133 | 182 | 143 | 121 | 159 | 124 | 107 |
| Days Payable | 32 | 34 | 41 | 58 | 55 | 41 | 57 | 78 | 53 | 102 | 131 | 131 |
| Cash Conversion Cycle | 144 | 163 | 162 | 152 | 134 | 154 | 205 | 122 | 115 | 120 | 57 | 50 |
| Working Capital Days | 20 | 33 | 39 | 39 | 34 | 34 | 51 | 24 | 22 | 34 | 11 | 10 |
| ROCE % | 15% | 17% | 11% | 6% | 7% | 7% | 4% | 20% | 15% | 7% | 7% | 11% |
Insights
In beta| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Export Share of Revenue % |
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| Denim Fabric Capacity MMPA |
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| Spinning Capacity (Yarn) MTPA |
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| PV Fabric Capacity MMPA |
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| Fabric Production Quantity (Total) Lakh Meter |
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| Garment Production Quantity Lakh Pcs |
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| Yarn Production Quantity MT |
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| Suiting Fabrics Manufacturing Capacity MMPA |
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| Market Share in India's PV Dyed Yarn Market % |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Resignation of Director
6h - Sudhir Maheshwari resigned as Independent Director effective 4 May 2026, citing personal reasons.
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
28 Apr - Sangam India confirms it is not a large corporate as of 31 March 2026.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
27 Apr - Submission of Transcript of earning conference call with Analyst / Investor held on 23rd April, 2026
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Announcement under Regulation 30 (LODR)-Newspaper Publication
23 Apr - Submission of Newspaper cutting of Audited Financial Results for the quarter & year ended 31st March, 2026
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
23 Apr - Audio recording of investor meeting held on 23 April 2026 uploaded on Sangam website.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from nse
Concalls
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Apr 2026Transcript PPT REC
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Jan 2026TranscriptAI SummaryPPT
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Nov 2025Transcript PPT REC
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Aug 2025TranscriptAI SummaryPPT
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May 2025TranscriptAI SummaryPPT
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Feb 2025TranscriptAI SummaryPPT
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Oct 2024TranscriptAI SummaryPPT
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Aug 2024Transcript PPT
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May 2024Transcript PPT
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Mar 2024Transcript PPT
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Mar 2024TranscriptAI SummaryPPT
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Feb 2024TranscriptAI SummaryPPT
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Aug 2023TranscriptAI SummaryPPT
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Apr 2023TranscriptAI SummaryPPT
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Feb 2023TranscriptAI SummaryPPT
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Nov 2022TranscriptAI SummaryPPT
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Aug 2022TranscriptAI SummaryPPT
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Aug 2015TranscriptAI SummaryPPT
Leadership[1]
One of the largest manufacturers of PV dyed Yarn and Denim Fabric. The company is the market leader in PV Yarn, PV Fabric, and Denim Fabric.