Sangam (India) Ltd
NSE: SANGAMIND · Other Textile Products · sector
₹579.90NSE close 2026-10-26
Key numbers
Market cap₹2,914 cr
Price₹579.90
52w high / low₹672 / ₹410
P/E24.0xSector median 13.7x
P/B2.7xSector median 1.1x
Book value₹214.2
Dividend yield0.35%Sector median 0.51%
ROE11.7%Sector median 5.4%
ROCE11.9%Sector median 7.5%
OPM10.9%Sector median 6.6%
Debt / equity1.19xSector median 0.43x
EV/EBITDA11.0xSector median 9.6x
Interest cover2.5x
Current ratio1.11x
Sales growth 3y+6.0%Sector median +0.6%
Profit growth 3y-15.0%Sector median +1.1%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 222 companies in Other Textile Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹195 cr vs borrowings ₹1,276 cr (FY26): borrowings are higher by ₹1,081 cr.
- Borrowings rose in each of the last 3 years (₹808 cr → ₹1,276 cr).
- Operating profit covered interest 2.5x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 1 of the last 5 years (FY22).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 2% of net profit in the last 12 months.
- Debtor days went from 62 (FY24) to 72 (FY26).
- Dividend paid in 5 of the last 5 financial years.
- Price ₹579.90 on 2026-10-26: -13.8% from the 52-week high, +41.4% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹634.55 · low ₹299.45
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 676 | 754 | 734 | 790 | 786 | 775 | 884 | 860 |
| EBITDA | 54 | 62 | 56 | 56 | 75 | 83 | 100 | 104 |
| OPM % | 8.0% | 8.3% | 7.6% | 7.1% | 9.6% | 10.7% | 11.3% | 12.1% |
| Other income | 1 | -3 | 12 | 13 | -1 | 0 | -4 | 7 |
| Net profit | 6 | 2 | 10 | 2 | 23 | 24 | 33 | 41 |
| EPS (₹) | 1.43 | 0.49 | 1.89 | 0.42 | 4.60 | 4.87 | 6.54 | 8.16 |
| Revenue YoY | +16.4% | +2.7% | +20.4% | +8.9% | ||||
| Profit YoY | +316.8% | +898.8% | +245.4% | +1,825.8% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 2,438 | 2,715 | 2,628 | 2,857 | 3,235 | 3,305 |
| EBITDA | 295 | 276 | 209 | 238 | 314 | 362 |
| Net profit | 141 | 135 | 41 | 32 | 83 | 122 |
| EPS (₹) | 32.23 | 30.31 | 9.55 | 6.33 | 16.44 | 24.17 |
| Revenue growth | +11.4% | -3.2% | +8.7% | +13.2% | +11.9% | |
| Profit growth | -4.3% | -69.7% | -22.1% | +159.8% | +518.3% | |
| Dividend / share (₹) | 1.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +6.0% | +18.9% | +11.9% |
| Net profit | -15.0% | +81.4% | +518.3% |
| EPS | -18.4% | +73.7% | – |
| Share price | – | +24.0% (2y) | +37.0% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 887 | 984 | 1,007 | 1,076 |
| Borrowings | – | 808 | 1,065 | 1,135 | 1,276 |
| Cash & equivalents | – | 35 | 39 | 131 | 195 |
| Total assets | – | 2,112 | 2,729 | 2,955 | 3,315 |
| Fixed assets | – | 650 | 1,004 | 1,276 | 1,502 |
| Capital work in progress | – | 217 | 219 | 172 | 82 |
| Investments | – | 0 | 1 | 1 | 25 |
| Receivables | – | 352 | 448 | 518 | 637 |
| Inventory | – | 510 | 669 | 576 | 587 |
| Payables | – | 224 | 427 | 603 | 698 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 91 | 193 | 160 | 431 | 269 |
| Cash from investing | -192 | -332 | -390 | -372 | -272 |
| Cash from financing | 113 | 146 | 230 | -36 | 17 |
| Capex | 204 | 319 | 408 | 315 | 226 |
| Free cash flow | -113 | -125 | -248 | 116 | 43 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 15.2% | 4.1% | 3.2% | 7.7% |
| ROCE % | – | 12.7% | 6.1% | 6.5% | 9.6% |
| Debtor days | – | 47 | 62 | 66 | 72 |
| Inventory days | – | 121 | 157 | 122 | 110 |
| Payable days | – | 53 | 100 | 128 | 131 |
| Cash conversion cycle (days) | – | 115 | 119 | 60 | 51 |
| Working capital days | – | 27 | 40 | 29 | 18 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 70.52% |
| FIIs | 2.46% |
| DIIs | 10.18% |
| of which Mutual funds | 0.00% |
| Public (non-institutions) | 14.97% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 70.16% | 70.16% | 70.16% | 70.16% | 70.35% | 70.52% | 70.52% | 70.52% |
| Promoter group | % |
|---|---|
| Sangam E-com Limited | 19.04% |
| Anurag Soni | 8.88% |
| Nidhi Mercantiles Limited | 7.62% |
| Hawamahal Finance PVT Ltd | 4.65% |
| Sangam Fincap Limited | 4.61% |
| RAM PAL Soni | 4.29% |
| Neelgagan Commercial Company Ltd | 3.18% |
| Necco Shipping Company Private Ltd | 2.54% |
| Sarvodaya Holdings Private Limited | 2.24% |
| Sangam Suitings PVT Ltd | 2.21% |
| Radhadevi Soni | 1.95% |
| Sahyog Finance Limited | 1.26% |
| Mamta Modani | 1.25% |
| Vinod Kumar Sodani | 1.24% |
| Shri Niwas Modani | 1.24% |
| Public holders above 1% | % |
|---|---|
| Authum Investment and Infrastructure Limited | 10.15% |
| Madhuri Madhusudan Kela | 4.86% |
| Think India Opportunities Master Fund LP | 2.11% |
| Sangam (India) Limited Employees Welfare Trust | 1.88% |
9,755 shareholders. Pledged: 0.00% of promoter shares.
Peers in Other Textile Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| SHRMFGC | ₹77,110 cr | – | – | – | – | – | – | – |
| SIYSIL | ₹43,629 cr | 184.0x | 29.9x | 17.3% | 19.4% | 12.6% | +4.8% | 0.12% |
| KPRMILL | ₹34,532 cr | 37.9x | 6.1x | 17.1% | 19.8% | 19.5% | +2.4% | 0.50% |
| WELSPUNLIV | ₹19,740 cr | 71.8x | 4.0x | 5.7% | 8.0% | 8.7% | +5.1% | 1.06% |
| VTL | ₹14,110 cr | 16.6x | 1.3x | 8.3% | 9.2% | 13.6% | -0.9% | 1.04% |
| TRIDENT | ₹10,513 cr | 26.4x | 2.2x | 8.4% | 10.0% | 12.9% | +1.9% | 2.41% |
| ICIL | ₹7,906 cr | 52.4x | 3.4x | 6.5% | 9.8% | 9.7% | +11.2% | 0.50% |
| GARFIBRES | ₹7,048 cr | 34.0x | 5.2x | 14.6% | 21.4% | 17.7% | +5.4% | 1.33% |
| KUSUMGAR | ₹5,714 cr | – | – | – | – | – | – | – |
| SANGAMIND | ₹2,914 cr | 24.0x | 2.7x | 11.7% | 11.9% | 10.9% | +6.0% | 0.35% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-06-22 | Dividend | Dividend - Rs 2 Per Share |
| 2025-09-12 | Dividend | Dividend - Rs 2 Per Sh |
| 2024-09-19 | Dividend | Annual General Meeting/Dividend - Rs 2 Per Share |
| 2023-09-15 | Dividend | Dividend - Rs 2 Per Share |
| 2022-09-22 | Dividend | Dividend - Rs 2 Per Share |
| 2021-09-16 | Dividend | Annual General Meeting/Dividend - Re 1 Per Share |
| 2020-11-19 | Dividend | Annual General Meeting/Dividend - Re 1 Per Share |
| 2019-09-19 | Dividend | Annual General Meeting/Dividend - Re 1 Per Share |
| 2018-09-19 | Dividend | Annual General Meeting/Dividend- Re 1 Per Share |
| 2017-09-21 | Dividend | Annual General Meeting/ Dividend- Rs 2 Per Share |
| 2016-09-22 | Dividend | Annual General Meeting/Dividend - Rs 2/- Per Share |
| 2015-09-22 | Dividend | Annual General Meeting/ Dividend - Rs 2/- Per Share |
| 2014-09-24 | Dividend | Annual General Meeting And Dividend Rs.1.50 Per Share |
| 2013-09-19 | Dividend | Annual General Meeting / Dividend - Rs 1.20/- Per Share |
| 2012-09-20 | Dividend | Annual General Meeting/Dividend Re 1 Per Share |
| 2011-09-15 | Dividend | Annual General Meeting And Dividend Rs.1.50 Per Share |
| 2010-09-16 | Dividend | Annual General Meeting And Dividend Re.1/- Per Share |
| 2009-09-24 | Other | Annual General Meeting |
| 2008-09-25 | Other | Annual General Meeting |
| 2007-09-20 | Dividend | Agm/Dividend-10% |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Textile: Spinning, Weaving and Finishing of Textile Products
| Sector | Consumer Discretionary |
| Industry | Other Textile Products |
| Sub-industry | Other Textile Products |
| Symbol | SANGAMIND |
| BSE code | 514234 |
| ISIN | INE495C01010 |
| Face value | ₹10.0 |
| Incorporated | 1984-12-29 |
| Website | www.sangamgroup.com |
| Plants (India / abroad) | 6 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.