Sangam (India) Ltd

Sangam (India) Ltd

₹ 514 3.65%
25 May - 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 2,576 Cr.
  • Current Price 514
  • High / Low 577 / 341
  • Stock P/E 29.4
  • Book Value 239
  • Dividend Yield 0.39 %
  • ROCE 10.4 %
  • ROE 8.40 %
  • Face Value 10.0

Pros

  • Company has been maintaining a healthy dividend payout of 22.8%
  • Company's working capital requirements have reduced from 19.1 days to 10.6 days

Cons

  • Company has a low return on equity of 5.56% 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 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
685 677 629 621 701 693 676 754 734 790 786 775 884
614 623 582 573 634 626 620 690 677 732 709 690 782
Operating Profit 71 54 46 48 67 67 56 64 58 58 77 84 102
OPM % 10% 8% 7% 8% 10% 10% 8% 8% 8% 7% 10% 11% 12%
-12 1 2 1 2 3 -0 -5 10 11 -3 -1 -5
Interest 10 14 16 18 23 23 25 21 25 30 29 27 27
Depreciation 14 22 22 27 26 28 28 29 30 36 10 25 24
Profit before tax 35 19 11 4 19 20 3 9 13 3 34 31 45
Tax % 14% 33% 1% 13% 29% 27% -85% 72% 26% 16% 32% 21% 27%
30 13 11 4 14 14 6 2 10 2 23 24 33
EPS in Rs 6.69 2.83 2.35 0.85 3.03 3.17 1.23 0.54 2.11 0.47 5.13 5.43 7.30
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 Mar 2026
1,591 1,637 1,874 1,790 1,359 2,438 2,712 2,628 2,857 3,235
1,418 1,513 1,714 1,629 1,237 2,130 2,411 2,413 2,612 2,914
Operating Profit 174 125 159 162 122 307 302 215 245 321
OPM % 11% 8% 8% 9% 9% 13% 11% 8% 9% 10%
23 25 9 8 10 -5 -9 6 9 1
Interest 64 63 67 69 49 48 54 71 95 114
Depreciation 73 77 81 81 81 70 79 97 114 95
Profit before tax 61 10 21 20 2 184 160 53 44 113
Tax % 13% -186% 37% 34% -113% 24% 18% 24% 28% 27%
53 29 13 13 4 140 131 41 32 83
EPS in Rs 13.43 7.26 3.36 3.37 0.97 32.23 28.98 9.06 7.06 18.34
Dividend Payout % 15% 14% 30% 30% 103% 6% 7% 25% 32% 12%
Compounded Sales Growth
10 Years: %
5 Years: 19%
3 Years: 6%
TTM: 13%
Compounded Profit Growth
10 Years: %
5 Years: 62%
3 Years: -15%
TTM: 153%
Stock Price CAGR
10 Years: 7%
5 Years: 40%
3 Years: 30%
1 Year: 21%
Return on Equity
10 Years: 8%
5 Years: 10%
3 Years: 6%
Last Year: 8%

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 Mar 2026
Equity Capital 39 39 39 39 43 43 45 50 50 50
Reserves 453 472 481 488 509 673 838 934 957 1,026
708 787 707 648 590 610 826 1,066 1,138 1,278
228 281 306 266 267 498 451 679 811 961
Total Liabilities 1,428 1,580 1,534 1,441 1,409 1,824 2,161 2,729 2,955 3,315
655 700 648 616 590 602 725 1,007 1,278 1,511
CWIP 11 9 12 10 9 74 223 221 179 82
Investments 6 6 6 6 0 1 8 11 80 154
757 865 868 809 809 1,147 1,205 1,489 1,419 1,568
Total Assets 1,428 1,580 1,534 1,441 1,409 1,824 2,161 2,729 2,955 3,315

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 Mar 2026
147 95 174 183 133 245 216 160 432 269
-131 -107 -24 -39 -43 -192 -354 -390 -372 -272
-14 8 -151 -132 -93 -41 143 230 -36 17
Net Cash Flow 2 -4 -1 13 -4 12 6 0 24 14
Free Cash Flow 8 -23 144 137 80 49 -155 -233 120 60
CFO/OP 84% 82% 99% 113% 110% 94% 86% 80% 177% 87%

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 Mar 2026
Debtor Days 58 71 68 59 75 56 47 62 66 72
Inventory Days 145 139 120 135 184 143 122 169 131 110
Days Payable 41 58 55 41 57 78 54 108 137 131
Cash Conversion Cycle 162 152 134 153 203 122 116 124 60 51
Working Capital Days 38 37 32 32 49 24 19 34 12 11
ROCE % 6% 7% 7% 4% 20% 15% 7% 7% 10%

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
Spinning Capacity (Yarn)
MTPA
PV Fabric Capacity
MMPA
Fabric Production Quantity (Total)
Lakh Meter
Garment Production Quantity
Lakh Pcs
Yarn Production Quantity
MT
Suiting Fabrics Manufacturing Capacity
MMPA
Market Share in India's PV Dyed Yarn Market
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

14 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
70.18% 70.18% 70.17% 70.17% 70.17% 70.17% 70.17% 70.17% 70.17% 70.17% 70.35% 70.52%
0.34% 0.26% 0.17% 2.65% 2.65% 2.69% 2.68% 2.68% 2.64% 2.65% 2.46% 2.40%
0.01% 0.33% 0.33% 0.54% 0.54% 0.57% 0.57% 0.57% 0.57% 0.57% 0.09% 0.09%
29.41% 28.89% 28.49% 25.81% 25.82% 25.61% 25.62% 25.60% 25.50% 25.32% 25.43% 25.14%
0.07% 0.34% 0.85% 0.84% 0.84% 0.97% 0.96% 0.99% 1.14% 1.29% 1.67% 1.86%
No. of Shareholders 11,43710,79210,76110,14510,48011,31511,96811,22810,58910,3809,7229,333

* 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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