Sangam (India) Limited
NSE: SANGAMINDOther Textile Products
Share price
₹604.80
+0.31% close of 9 Oct 2026
Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.
Business score
How strong the business is, in one number. The parts behind it are in Pro.
56
out of 100 · worked out 9 Oct 2026
Your ratios
The numbers you want to see first. Tap Edit to change them.
Market cap
₹3,024 Cr
P/E ratio
24.0
P/B ratio
2.5
ROCE
10.4%
ROE
8.4%
Dividend yield
0.3%
Price & valuation chart
How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.
Answers
Simple answers to the questions investors ask most, from the company's own numbers.
How fast it has been growing
Sales grew 11.9% over the past year, and 8.8% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 12.8% to 11.1% over the last four years.
Whether it grew faster than its sector
It grew 8.8% a year against a sector median of 7.2% — 1.6 percentage points faster.
Room to re-rate, or risk of de-rating
At 24× earnings against a market that pays 24.1× across 2199 companies we can price. Its own industry sits at 39.2×, across 5 companies. It is against its own five-year median of 17.4×, the 56th percentile of its own range.
Whether growth justifies the valuation
Its earnings are falling, so growth cannot justify the price.
| Profit growth | Price per ₹1 profit | Per 1% growth | |
|---|---|---|---|
| Sangam (India) Limited — this one | -15%/yr | 24× | — |
| K.P.R. Mill Limited | 2%/yr | 39.2× | ₹19.6 |
| Welspun Living Limited | 4%/yr | 77.0× | ₹19.2 |
| Vardhman Textiles Limited | -4%/yr | 17.8× | — |
| Trident Limited | -6%/yr | 28.4× | — |
| Indo Count Industries Limited | -23%/yr | 58.2× | — |
Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
How it compares with its peers
Against companies the exchange files under the same label (Other Textile Products), it ranks 41 of 106 on returns, 38 of 103 on growth, 49 of 106 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
What makes it hard to beat — and is that still true?
No durable advantage shows in the numbers: it earns 10.4% on capital, ahead of 61% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
Whether its growth pays for itself
No — Over the last five years it made ₹1322 crore of cash from the business but spent ₹1481 crore on plant and equipment, ₹159 crore more than it made; the gap was mostly borrowed — borrowings rose from ₹610 crore to ₹1278 crore. And the profit is real: of every 100 rupees it reported over 10 years, about 381 arrived as cash — well above the profit, more than depreciation and interest account for, so do not count on it repeating. Its cash comes back faster than it used to: it went from being waiting 24 days for its cash to paid 4 days before it paid its own suppliers.
Profit reality check
Is the profit real cash? Simple checks on the accounts. Facts only, not advice.
10 of 10 checks clear · 100%
Latest result · Q1 FY27
What the last results showed. Whether management kept its word is in Pro.
Announced 18 Jul 2026 · Consolidated · Unaudited
Revenue
₹860 Cr
Revenue vs last year
+8.9%
Revenue vs last quarter
-2.7%
Net profit
₹41 Cr
Profit vs last year
+1951.0%
Profit vs last quarter
+24.3%
Net margin
4.8%
EPS
₹8.16
Checklist before you investPRO
Points for and against, in one list.
Key numbers & peers
The main numbers grouped by topic, and how the company compares with similar ones.
Price
- Market cap
- ₹3,024 Cr
- Prev close
- ₹604.80
- 52w High
- ₹673
- 52w Low
- ₹402
- Enterprise value
- ₹4,107 Cr
- Beta
- 1.2
- Price CAGR 1y
- 58.0%
- Price CAGR 3y
- 22.0%
- Price CAGR 5y
- 29.0%
- Price CAGR 10y
- 8.0%
Ratios
- Return on assets
- 2.5%
- PEG ratio
- -1.6
- P/E ratio
- 24.0
- P/B ratio
- 2.5
- EV / EBITDA
- 11.2
- Industry P/E
- 16.3
- ROCE
- 10.4%
- ROCE 5y average
- 11.8%
- ROE
- 8.4%
- Debt / Equity
- 1.2
- Interest coverage
- 2.0
- Dividend yield
- 0.3%
- ROE 3y average
- 6.0%
- ROE last year
- 8.0%
Annual P&L
- Annual revenue
- ₹3,235 Cr
- Annual profit
- ₹83 Cr
- Operating margin
- 10.0%
- Net profit margin
- 2.6%
- EBITDA margin
- 9.9%
- Sales growth 3y
- 6.1%
- Sales growth 5y
- 18.9%
- Profit growth 3y
- -15.0%
- Profit growth 5y
- 62.0%
- EPS
- ₹18.3
- Sales growth TTM
- 12.0%
- Profit growth TTM
- 423.0%
- Dividend payout
- 12.0%
Quarter P&L
- Sales latest quarter
- ₹860 Cr
- Profit latest quarter
- ₹41 Cr
- YoY quarterly sales growth
- 8.9%
- YoY quarterly profit growth
- 1950.0%
- OPM latest quarter
- 12.3%
Balance Sheet
- Book Value
- ₹215
- Face Value
- ₹10.0
- Total debt
- ₹1,278 Cr
- Total cash
- ₹66 Cr
- Borrowings
- ₹1,278 Cr
- Reserves / Equity
- 20.5
Cash Flow
- Operating cash flow
- ₹269 Cr
- Free cash flow
- ₹60 Cr
- FCF yield
- -1.8%
- Net cash flow
- ₹14 Cr
Shareholding
- Promoter holding
- 70.5%
- FII holding
- 2.5%
- DII holding
- 0.1%
- Public holding
- 25.0%
Peer comparison
| Company | Price ₹ | P/E | Mkt cap ₹ Cr | Div yield % | Profit qtr ₹ Cr | Profit var % | Sales qtr ₹ Cr | Sales var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| K P R Mill Ltd | 1,063.70 | 39.9 | 36,359 | 0.45 | 258.5 | 21.6 | 1,935.5 | 9.6 | 19.6 |
| Welspun Living | 227.20 | 77.1 | 21,465 | 0.04 | 162.6 | 83.6 | 2,795.5 | 23.7 | 6.3 |
| Vardhman Textile | 529.25 | 18.1 | 15,326 | 0.93 | 314.6 | 49.5 | 2,703.1 | 13.3 | 8.6 |
| Trident | 21.89 | 28.3 | 11,155 | 2.30 | 158.1 | 12.9 | 1,786.8 | 4.7 | 9.8 |
| Indo Count Inds. | 459.85 | 60.4 | 9,108 | 0.32 | 63.2 | 62.0 | 1,207.0 | 25.9 | 8.2 |
| Garware Tech. | 751.65 | 33.3 | 7,340 | 1.19 | 64.6 | 21.7 | 482.4 | 31.4 | 22.0 |
| Kusumgar | 590.00 | 49.3 | 6,195 | 0.00 | 41.9 | 882.6 | 241.9 | 93.6 | 18.8 |
| Sangam India | 598.20 | 23.8 | 3,006 | 0.32 | 41.0 | 1096.9 | 860.4 | 8.9 | 10.4 |
| Median | 116.17 | 18.6 | 359 | 0.00 | 5.9 | 45.4 | 116.3 | 10.5 | 9.9 |
Competes with: Alok Industries Limited, Garware Technical Fibres Limited, Indo Count Industries Limited, K.P.R. Mill Limited, Kusumgar Limited, Sonaselection India Limited, Trident Limited, Vardhman Textiles Limited, Welspun Living Limited
Quarterly results
Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.
| Line item | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 677 | 629 | 621 | 701 | 693 | 676 | 754 | 734 | 790 | 786 | 775 | 884 | 860 |
| Expenses | 623 | 582 | 573 | 634 | 626 | 620 | 690 | 677 | 732 | 709 | 690 | 782 | 755 |
| Material Cost | 447 | 439 | 439 | 433 | 453 | 496 | |||||||
| Change in Inventories | 4.18 | -5.48 | 12 | -4.75 | 60 | -52 | |||||||
| Purchases of Stock-in-Trade | 16 | 71 | 20 | 16 | 11 | 45 | |||||||
| Employee Cost | 64 | 66 | 74 | 74 | 80 | 81 | |||||||
| Other Expenses | 144 | 162 | 165 | 173 | 179 | 185 | |||||||
| Operating Profit | 54 | 46 | 48 | 67 | 67 | 56 | 64 | 58 | 58 | 77 | 84 | 102 | 105 |
| OPM % | 7.95 | 7.40 | 7.80 | 9.51 | 9.71 | 8.23 | 8.49 | 7.86 | 7.30 | 9.79 | 11 | 12 | 12 |
| Other Income | 1 | 2 | 1 | 2 | 3 | -0 | -5 | 10 | 11 | -3 | -1 | -5 | 5 |
| Exceptional items (within Other Income) | -1.66 | -1.66 | -1.66 | -1.66 | -1.66 | -1.66 | |||||||
| Interest | 14 | 16 | 18 | 23 | 23 | 25 | 21 | 25 | 30 | 29 | 27 | 27 | 30 |
| Depreciation | 22 | 22 | 27 | 26 | 28 | 28 | 29 | 30 | 36 | 10 | 25 | 24 | 26 |
| Profit before tax | 19 | 11 | 4 | 19 | 20 | 3 | 9 | 13 | 3 | 34 | 31 | 45 | 55 |
| Tax % | 33 | 1 | 13 | 29 | 27 | -85 | 72 | 26 | 16 | 32 | 21 | 27 | 26 |
| Net Profit | 13 | 11 | 4 | 14 | 14 | 6 | 2 | 10 | 2 | 23 | 24 | 33 | 41 |
| EPS in Rs | 2.83 | 2.35 | 0.85 | 3.03 | 3.17 | 1.23 | 0.54 | 2.11 | 0.47 | 5.13 | 5.43 | 7.30 | 9.11 |
| Diluted EPS in Rs | 1.89 | 0.42 | 4.60 | 4.87 | 6.54 | 8.16 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,591 | 1,637 | 1,874 | 1,790 | 1,359 | 2,438 | 2,712 | 2,628 | 2,857 | 3,235 | 3,305 |
| Expenses | 1,418 | 1,513 | 1,714 | 1,629 | 1,237 | 2,130 | 2,411 | 2,413 | 2,612 | 2,914 | 2,937 |
| Material Cost | 1,644 | 1,764 | |||||||||
| Change in Inventories | 9.73 | 61 | |||||||||
| Purchases of Stock-in-Trade | 68 | 116 | |||||||||
| Employee Cost | 266 | 293 | |||||||||
| Other Expenses | 625 | 679 | |||||||||
| Operating Profit | 174 | 125 | 159 | 162 | 122 | 307 | 302 | 215 | 245 | 321 | 368 |
| OPM % | 11 | 8 | 8 | 9 | 9 | 13 | 11 | 8 | 9 | 10 | 11 |
| Other Income | 23 | 25 | 9 | 8 | 10 | -5 | -9 | 6 | 9 | 1 | -4 |
| Exceptional items (within Other Income) | -6.64 | -6.64 | |||||||||
| Interest | 64 | 63 | 67 | 69 | 49 | 48 | 54 | 71 | 95 | 114 | 113 |
| Depreciation | 73 | 77 | 81 | 81 | 81 | 70 | 79 | 97 | 114 | 95 | 85 |
| Profit before tax | 61 | 10 | 21 | 20 | 2 | 184 | 160 | 53 | 44 | 113 | 165 |
| Tax % | 13 | -186 | 37 | 34 | -113 | 24 | 18 | 24 | 28 | 27 | |
| Net Profit | 53 | 29 | 13 | 13 | 4 | 140 | 131 | 41 | 32 | 83 | 121 |
| EPS in Rs | 13 | 7.26 | 3.36 | 3.37 | 0.97 | 32 | 29 | 9.06 | 7.06 | 18 | 27 |
| Diluted EPS in Rs | 6.33 | 16 | |||||||||
| Dividend Payout % | 15 | 14 | 30 | 30 | 103 | 6 | 7 | 25 | 32 | 12 |
Compounded growth
Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.
Compounded sales growth
- 10 years
- —
- 5 years
- 19%
- 3 years
- 6%
- TTM
- 12%
Compounded profit growth
- 10 years
- —
- 5 years
- 62%
- 3 years
- -15%
- TTM
- 423%
Stock price CAGR
- 10 years
- 8%
- 5 years
- 29%
- 3 years
- 22%
- 1 year
- 58%
Return on equity
- 10 years
- 8%
- 5 years
- 10%
- 3 years
- 6%
- Last year
- 8%
Balance sheet
What the company owns and what it owes, at the end of each year. ₹ crore.
| Line item | 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 |
| Borrowings | 708 | 787 | 707 | 648 | 590 | 610 | 826 | 1,066 | 1,138 | 1,278 |
| Other Liabilities | 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 |
| Fixed Assets | 655 | 700 | 648 | 616 | 590 | 602 | 725 | 1,007 | 1,278 | 1,509 |
| CWIP | 11 | 9 | 12 | 10 | 9 | 74 | 223 | 221 | 179 | 84 |
| Investments | 6 | 6 | 6 | 6 | 0 | 1 | 8 | 11 | 80 | 154 |
| Other Assets | 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
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 147 | 95 | 174 | 183 | 133 | 245 | 216 | 160 | 432 | 269 |
| Cash from Investing Activity | -131 | -107 | -24 | -39 | -43 | -192 | -354 | -390 | -372 | -272 |
| Cash from Financing Activity | -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 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | 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 | 117 |
| Days Payable | 41 | 58 | 55 | 41 | 57 | 78 | 54 | 108 | 137 | 140 |
| Cash Conversion Cycle | 162 | 152 | 134 | 153 | 203 | 122 | 116 | 124 | 60 | 50 |
| Working Capital Days | 38 | 37 | 32 | 32 | 49 | 24 | 19 | 34 | 12 | -4 |
| ROCE % | 6 | 7 | 7 | 4 | 20 | 15 | 7 | 7 | 10 |
Price trend
The price as a Renko brick chart: small moves drop out so the bigger path stands out.
Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.
Open interestPRO
Where option traders are positioned on this stock.
Industry numbers
The numbers that matter most in this industry, from the company's own filings.
1 when an audit qualification is filed as repetitive
0.00flag
2026-03-31
the company's own unlisted debt securities in default at period end
0.00cr
2026-06-30
exports as % of revenue
33.00
the company's own loans / revolving facilities in default at period end (standalone filing)
0.00cr
2026-06-30
net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash
1,083inr_cr
2026-03-31
guarantees / comfort given for promoter, promoter group, directors and KMP
0.00cr
2026-03-31
loans outstanding to promoter, promoter group, directors and KMP (governance filing)
0.00cr
2026-03-31
security given for the borrowing of promoter, promoter group, directors and KMP
0.00cr
2026-03-31
FY revenue / permanent employees + workers, same basis (calc)
30,96,301inr
2026-03-31
News
News and filings about Sangam (India) Limited. Open one to see why it matters.
1 Oct, 18:00 IST · Company event · high impact
Sangam (India) Limited has reported a disruption to its operations
28 Sept, 13:00 IST · Company event · low impact
Significant increase in volume has been observed in Sangam (India) Limited.
25 Sept, 18:30 IST · Company event · low impact
Significant increase in volume has been observed in Sangam (India) Limited.
Supply chain
Who it buys from, sells to and competes with — as recorded in our map of company links.
Competes with
Uses as raw material
- Cotton fibre
- Dyes and chemicals
- Partially oriented yarn (POY)
- Polyester staple fibre (PSF)
- Viscose staple fibre (VSF)
Depends on the price of
- cotton
Buys from
- Clean Max Enviro Energy Solutions Limited · Round-the-clock renewable power (30 MWp solar + 20 MW wind + 2 MWh storage) from Bhikamkor…
- Lagnam Spintex Limited · 100% cotton yarn
- Sanathan Textiles Limited · yarn products
Sells to
- Decathlon · fabrics / seamless garments
- Jockey · fabrics / garments
- Primark · fabrics / garments
- Walmart · fabrics / garments
About
What the company is, from our own records: where it sits, where it makes things, and what it is made of.
- Sector
- Textiles
- Industry
- Other Textile Products
- Classification
- Textiles › Other Textile Products
- ISIN
- INE495C01010
Plants
- Sangam Denim Plant
- Sangam Spinning Plant Unit-I
- Sangam Spinning Plant Unit-II
- Sangam Spinning Plant Unit-III
- Sangam Weaving, Processing and Garment Plant
News impact
Big market events that reach Sangam (India) Limited, and how the effect spreads.
No recent market events reach this company.
Dividends, splits & big trades
Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.
Dividends
| 22 Jun 2026 | unspecified | ₹2 |
|---|---|---|
| 12 Sep 2025 | unspecified | ₹2 |
| 19 Sep 2024 | unspecified | ₹2 |
| 15 Sep 2023 | unspecified | ₹2 |
| 22 Sep 2022 | unspecified | ₹2 |
| 16 Sep 2021 | unspecified | ₹1 |
| 19 Nov 2020 | unspecified | ₹1 |
| 19 Sep 2019 | unspecified | ₹1 |
Splits, bonuses & buybacks
- daily-prices repair: 8 rows from NSE's archive (replace 1, delete 0, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016
Insider trades
| Disclosed | Who | Type | Shares | Value ₹ Cr |
|---|---|---|---|---|
| 5 Oct 2026 | Devendra Sukhwal · Designated Person | SELL | 4,625 | 0.28 |
| 1 Oct 2026 | Sangam (India) Limited Employees Welfare Trust · Trust | SELL | 2,250 | 0.07 |
| 1 Oct 2026 | Mayank Shivnarayan Sharma · Designated Person | BUY | 1,750 | 0.05 |
| 1 Oct 2026 | Sangam (India) Limited Employees Welfare Trust · Trust | SELL | 500 | 0.02 |
| 23 Sep 2026 | Sangam (India) Limited Employees Welfare Trust · Trust | BUY | 7,042 | 0.41 |
| 23 Sep 2026 | Sangam (India) Limited Employees Welfare Trust · Trust | SELL | 4,100 | 0.13 |
| 23 Sep 2026 | Anil Kumar Sharma · Designated Person | BUY | 3,800 | 0.12 |
| 17 Sep 2026 | Sangam (India) Limited Employees Welfare Trust · Trust | BUY | 2,500 | 0.14 |
| 17 Sep 2026 | Sangam (India) Limited Employees Welfare Trust · Trust | SELL | 600 | 0.02 |
| 14 Sep 2026 | Sangam (India) Limited Employees Welfare Trust · Trust | BUY | 4,893 | 0.28 |
Documents
Annual reports, results presentations and earnings calls, straight from the source.
- Results presentation30 Jun 2026
- Annual report · 2025-264 Jun 2026
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.