Sangam (India) Ltd

Sangam (India) Ltd

₹ 434 5.08%
20 Jun - close price
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 manufacturers of PV dyed Yarn and Denim Fabric. The company is the market leader in PV Yarn, PV Fabric, and Denim Fabric.

  • Market Cap 2,178 Cr.
  • Current Price 434
  • High / Low 498 / 293
  • Stock P/E 59.6
  • Book Value 224
  • Dividend Yield 0.46 %
  • ROCE 6.94 %
  • ROE 3.67 %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 9.80% over past five years.
  • Company has a low return on equity of 8.22% over last 3 years.
  • Dividend payout has been low at 10.5% of profits 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
738.11 713.28 709.32 605.00 684.70 677.10 628.74 621.10 701.12 693.05 675.61 753.99 734.30
630.48 620.13 630.65 546.14 613.81 623.25 582.24 572.66 634.43 625.73 619.98 690.00 676.60
Operating Profit 107.63 93.15 78.67 58.86 70.89 53.85 46.50 48.44 66.69 67.32 55.63 63.99 57.70
OPM % 14.58% 13.06% 11.09% 9.73% 10.35% 7.95% 7.40% 7.80% 9.51% 9.71% 8.23% 8.49% 7.86%
-13.09 4.72 -0.12 -0.92 -12.29 0.72 2.15 1.26 2.02 3.39 -0.23 -4.85 10.42
Interest 11.22 14.29 16.44 13.41 9.77 13.91 15.76 18.42 23.34 23.13 24.63 21.45 25.47
Depreciation 14.94 18.50 22.05 25.12 13.72 21.64 22.15 26.90 26.12 28.00 27.77 28.87 29.85
Profit before tax 68.38 65.08 40.06 19.41 35.11 19.02 10.74 4.38 19.25 19.58 3.00 8.82 12.80
Tax % 20.81% 19.28% 24.29% 9.58% 14.18% 32.86% 1.49% 13.01% 29.04% 27.07% -85.00% 72.22% 25.62%
53.44 52.53 30.33 17.55 30.13 12.77 10.58 3.81 13.66 14.28 5.55 2.45 9.52
EPS in Rs 12.31 12.10 6.73 3.90 6.69 2.83 2.35 0.85 3.03 3.17 1.23 0.54 2.11
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
1,591 1,637 1,874 1,790 1,359 2,438 2,712 2,628 2,857
1,418 1,513 1,714 1,629 1,237 2,130 2,411 2,413 2,612
Operating Profit 174 125 159 162 122 307 302 215 245
OPM % 11% 8% 8% 9% 9% 13% 11% 8% 9%
23 25 9 8 10 -5 -9 6 9
Interest 64 63 67 69 49 48 54 71 95
Depreciation 73 77 81 81 81 70 79 97 114
Profit before tax 61 10 21 20 2 184 160 53 44
Tax % 13% -186% 37% 34% -113% 24% 18% 24% 28%
53 29 13 13 4 140 131 41 32
EPS in Rs 13.43 7.26 3.36 3.37 0.97 32.23 28.98 9.06 7.06
Dividend Payout % 15% 14% 30% 30% 103% 6% 7% 25% 0%
Compounded Sales Growth
10 Years: %
5 Years: 10%
3 Years: 5%
TTM: 9%
Compounded Profit Growth
10 Years: %
5 Years: 23%
3 Years: -37%
TTM: -16%
Stock Price CAGR
10 Years: 13%
5 Years: 52%
3 Years: 18%
1 Year: 4%
Return on Equity
10 Years: %
5 Years: 10%
3 Years: 8%
Last Year: 4%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 39 39 39 39 43 43 45 50 50
Reserves 453 472 481 488 509 673 838 934 957
708 787 707 648 590 610 826 1,066 1,138
228 281 306 266 267 498 451 679 811
Total Liabilities 1,428 1,580 1,534 1,441 1,409 1,824 2,161 2,729 2,955
655 700 648 616 590 602 725 1,007 1,284
CWIP 11 9 12 10 9 74 223 221 172
Investments 6 6 6 6 0 1 8 11 80
757 865 868 809 809 1,147 1,205 1,489 1,419
Total Assets 1,428 1,580 1,534 1,441 1,409 1,824 2,161 2,729 2,955

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
147 95 174 183 133 245 216 160 431
-131 -107 -24 -39 -43 -192 -354 -390 -372
-14 8 -151 -132 -93 -41 143 230 -36
Net Cash Flow 2 -4 -1 13 -4 12 6 0 23

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 58 71 68 59 75 56 47 62 66
Inventory Days 145 139 120 135 184 143 122 157 122
Days Payable 41 58 55 41 57 78 54 100 128
Cash Conversion Cycle 162 152 134 153 203 122 116 119 60
Working Capital Days 112 120 102 105 152 88 84 97 75
ROCE % 6% 7% 7% 4% 20% 15% 7% 7%

Shareholding Pattern

Numbers in percentages

4 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
61.44% 70.29% 70.29% 70.29% 70.18% 70.18% 70.17% 70.17% 70.17% 70.17% 70.17% 70.17%
0.52% 0.48% 0.42% 0.37% 0.34% 0.26% 0.17% 2.65% 2.65% 2.69% 2.68% 2.68%
0.02% 0.00% 0.00% 0.00% 0.01% 0.33% 0.33% 0.54% 0.54% 0.57% 0.57% 0.57%
38.02% 29.23% 29.29% 29.27% 29.41% 28.89% 28.49% 25.81% 25.82% 25.61% 25.62% 25.60%
0.00% 0.00% 0.00% 0.08% 0.07% 0.34% 0.85% 0.84% 0.84% 0.97% 0.96% 0.99%
No. of Shareholders 11,36710,97411,24810,98111,43710,79210,76110,14510,48011,31511,96811,228

* 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.

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