MarketFriction

Sangam (India) Ltd

NSE SANGAMIND · BSE 514234 · Other Textile Products
₹634.55 +1.22%
NSE close2026-10-01
52 week range391.20 - 672.50
Market cap₹3,248 Cr.
P/E25.8
Price band 20% Delivery 41.4%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales629636706697675746725786776762866846
Expenses586591645635624687672729701681767746
Operating Profit4345616251595356758199100
OPM %7%7%9%9%8%8%7%7%10%11%11%12%
Other Income32341-41112-2-0-46
Interest151722222422242928262629
Depreciation212525262627283410232324
Profit before tax10518182612535314653
Tax %32%11%30%28%-126%92%25%17%32%22%27%26%
Net Profit741313519424243439
EPS in Rs1.550.972.792.831.070.122.080.955.285.357.458.74
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,5041,5941,6381,8741,7831,3542,4382,7152,6482,8433,1903,249
Expenses1,2781,4181,5111,7111,6221,2302,1302,4142,4452,6182,8782,894
Operating Profit226176127162161123308302203225311355
OPM %15%11%8%9%9%9%13%11%8%8%10%11%
Other Income2423259810-5-89135-0
Interest64646367694948546892110110
Depreciation7673778081817078911079080
Profit before tax1106313242031841615339117165
Tax %30%13%-141%36%34%-57%24%17%28%29%26%
Net Profit77553016135141135382786121
EPS in Rs19.5413.917.723.963.371.2432.4629.878.466.1019.0226.82
Dividend Payout %10%14%13%25%30%81%6%7%26%37%12%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth8%19%6%11%
Compounded Profit Growth2%67%-15%443%
Stock Price CAGR10%31%24%48%
Return on Equity8%10%5%9%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital393939393939434345505050
Reserves3324004544764874945166738429359531,026
Borrowings6176497087877076485906108101,0051,0671,222
Other Liabilities188204228281307266267496415666792954
Total Liabilities1,1771,2921,4301,5831,5411,4471,4171,8222,1122,6562,8623,252
Fixed Assets5635856546996486165906026559191,1941,426
CWIP314119121097121721717784
Investments666666085750119193
Other Assets6056877598698758168181,1411,1831,4691,3731,550
Total Assets1,1771,2921,4301,5831,5411,4471,4171,8222,1122,6562,8623,252
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity13613914795174183132248193179433249
Cash from Investing Activity-94-107-131-107-24-39-43-197-332-368-369-270
Cash from Financing Activity-41-33-148-151-132-93-41146189-4337
Net Cash Flow1-02-4-113-411702216
Free Cash Flow38308-231441378056-107-19312542
CFO/OP76%76%83%81%97%113%109%96%79%94%193%83%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days636659737162795647636475
Inventory Days114131144138118133182143121159124113
Days Payable323441585541577853102131139
Cash Conversion Cycle1441631621521341542051221151205749
Working Capital Days2033393934345124223411-4
ROCE %15%17%11%6%7%7%4%20%15%7%7%11%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters70.18%70.17%70.17%70.17%70.17%70.17%70.17%70.17%70.17%70.35%70.52%70.52%
FIIs0.26%0.17%2.65%2.65%2.69%2.68%2.68%2.64%2.65%2.46%2.40%2.50%
DIIs0.33%0.33%0.54%0.54%0.57%0.57%0.57%0.57%0.57%0.09%0.09%0.09%
Public28.89%28.49%25.81%25.82%25.61%25.62%25.60%25.50%25.32%25.43%25.14%25.04%
Others0.34%0.85%0.84%0.84%0.97%0.96%0.99%1.14%1.29%1.67%1.86%1.85%
No. of Shareholders10,79210,76110,14510,48011,31511,96811,22810,58910,3809,7229,3339,684

Fundamentals

Market Cap₹ 3,248 Cr.
Current Price₹ 646
Stock P/E25.8
Book Value₹ 239
ROCE10.7 %
ROE8.70 %
Dividend Yield0.31 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)11%
Compounded Profit Growth (TTM)443%
Standalone figures.
Valuation
Market capRs 3,188 Cr
Enterprise valueRs 4,345 Cr
P/E (TTM)26.40x
Price to book2.96x
Price to sales0.98x
EV / EBITDA12.26x
EV / EBIT15.85x
EV / sales1.34x
Price to cash flow12.82x
Earnings yield3.79%
Dividend yield0.32%
P/E, 3-year average54.11x
P/B, 3-year average2.12x
P/E, 5-year average35.50x
P/B, 5-year average1.81x
Profitability
Operating margin (excl. other income)9.76%
Operating margin (incl. other income)9.93%
EBITDA margin10.91%
Pre-tax margin5.06%
Net profit margin3.72%
Net margin, latest quarter4.65%
ROE8.24%
ROCE10.38%
ROA2.80%
ROE, 3-year average5.02%
ROCE, 3-year average7.79%
ROA, 3-year average1.80%
ROE, 5-year average10.79%
ROCE, 5-year average11.27%
ROA, 5-year average4.19%
ROIC (approx.)9.03%
Tax rate26.48%
Other income / net worth0.49%
Growth
Sales growth (latest year)12.19%
Profit growth (latest year)211.98%
Sales CAGR, 3 years5.51%
Sales CAGR, 5 years18.70%
Profit CAGR, 3 years-13.96%
Profit CAGR, 5 years73.96%
Sales growth QoQ-2.39%
Profit growth QoQ17.29%
Sales growth YoY (latest quarter)7.61%
Profit growth YoY (latest quarter)821.55%
Per share
EPS (TTM)Rs 24.04
EPS (latest year)Rs 17.06
EPS (latest quarter)Rs 7.83
EPS, 3-year averageRs 10.03
EPS, 5-year averageRs 18.49
Book value per shareRs 214.17
Sales per shareRs 646.67
Cash flow per shareRs 49.48
Free cash flow per shareRs 8.36
Dividend per share (latest year)Rs 2.00
Dividend per share, 3-year averageRs 2.00
Dividend per share, 5-year averageRs 2.00
Dividends
Dividend payout11.73%
Dividend payout, 3-year average24.90%
Dividend payout, 5-year average17.51%
Efficiency
Asset turnover0.98x
Fixed asset turnover2.24x
Inventory turnover4.27x
Inventory days85 days
Debtor days75 days
Debtors turnover4.89x
Creditor days139 days
Cash conversion cycle49 days
Working capital days-4 days
Leverage
Total debtRs 1,222 Cr
Cash and bankRs 65 Cr
Net debtRs 1,157 Cr
Debt to equity1.14x
Net debt / EBITDA3.26x
Interest coverage2.50x
Current ratio (filing 2026-03-31)1.11x
Quick ratio (filing 2026-03-31)0.71x
Trade payables (filing 2026-03-31)Rs 694 Cr
Owners' fund to total sources33.09%
Debt to assets37.58%
Cash flow
Cash from Operating Activity (latest year)Rs 249 Cr
Cash from Investing Activity (latest year)Rs -270 Cr
Cash from Financing Activity (latest year)Rs 37 Cr
Net Cash Flow (latest year)Rs 16 Cr
Free cash flow (latest year)Rs 42 Cr
FCFE (approx.: FCF + change in debt)Rs 197 Cr
Cash from ops / profit, 5 years3.05x
Sales to cash flow12.83x
Statement figures
Net sales (TTM)Rs 3,249 Cr
Net sales (latest year)Rs 3,190 Cr
Sales (latest quarter)Rs 846 Cr
Operating profit excl. other income (latest year)Rs 311 Cr
Operating profit (latest quarter)Rs 100 Cr
Other income (TTM)Rs -0 Cr
EBITDA (TTM)Rs 354 Cr
PBDT (TTM)Rs 245 Cr
Profit before tax (TTM)Rs 165 Cr
Tax (latest year)Rs 31 Cr
Net profit (TTM)Rs 121 Cr
Net profit (latest year)Rs 86 Cr
Net profit (latest quarter)Rs 39 Cr
Depreciation (TTM)Rs 80 Cr
Depreciation (latest quarter)Rs 24 Cr
Interest (TTM)Rs 110 Cr
Cost of goods sold (latest year)Rs 2,413 Cr
Total expenditure (latest year)Rs 2,878 Cr
Total income (latest year)Rs 3,195 Cr
Share capitalRs 50 Cr
ReservesRs 1,026 Cr
Shareholders' fundsRs 1,076 Cr
Total assetsRs 3,252 Cr
Net blockRs 1,426 Cr
Capital work in progressRs 84 Cr
InvestmentsRs 193 Cr
ReceivablesRs 652 Cr
InventoryRs 564 Cr
Other liabilitiesRs 954 Cr
Shares outstanding (crore)5.02
Ownership
Promoter holding70.52% (+0.35 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 26.4 is at the 60th percentile of its own 9.4-year range (median 18.3, low 7.6, high 358.8).
P/B 2.96 is at the 96th percentile (median 1.86).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodSANGAMINDNifty 50Difference
1 week+9.5%-2.8% +12.2 pts
1 month+8.2%-6.8% +15.0 pts
3 months+14.9%-7.6% +22.5 pts
6 months+53.0%+0.4% +52.6 pts
1 year+45.4%-9.9% +55.3 pts
2 years+41.8%-13.6% +55.3 pts
3 years+85.7%+14.2% +71.5 pts
5 years+266.5%+27.9% +238.6 pts
1 mutual fund schemes hold about ₹0 Cr. Over three months 0 bought more and 0 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Motilal Oswal BSE 1000 Index Fund0.00%0

Red flags

F-score 6 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹846 Cr +7.6% vs Jun 2025. Net profit ₹39 Cr +875.0%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-06-22Dividend - Rs 2 Per Share
2025-09-12Dividend - Rs 2 Per Sh
2024-09-19Annual General Meeting/Dividend - Rs 2 Per Share
2023-09-15Dividend - Rs 2 Per Share
2022-09-22Dividend - Rs 2 Per Share
2021-09-16 Annual General Meeting/Dividend - Re 1 Per Share
2020-11-19 Annual General Meeting/Dividend - Re 1 Per Share
2019-09-19 Annual General Meeting/Dividend - Re 1 Per Share
2018-09-19 Annual General Meeting/Dividend- Re 1 Per Share
2017-09-21 Annual General Meeting/ Dividend- Rs 2 Per Share
2016-09-22 Annual General Meeting/Dividend - Rs 2/- Per Share
2015-09-22 Annual General Meeting/ Dividend - Rs 2/- Per Share
2014-09-24Annual General Meeting And Dividend Rs.1.50 Per Share
2013-09-19Annual General Meeting / Dividend - Rs 1.20/- Per Share
2012-09-20Annual General Meeting/Dividend Re 1 Per Share
2011-09-15Annual General Meeting And Dividend Rs.1.50 Per Share
2010-09-16Annual General Meeting And Dividend Re.1/- Per Share
2009-09-24Annual General Meeting
2008-09-25Annual General Meeting
2007-09-20Agm/Dividend-10%
2006-09-21Agm/Dividend-15%
DateTypeWhat it says
2026-10-01Disruption of OperationsDisruption of Operations
2026-09-28Volume querySignificant increase in volume has been observed in Sangam (India) Limited. The Exchange, in order to ensure that investors have latest relevant infor...
2026-09-25Volume querySignificant increase in volume has been observed in Sangam (India) Limited. The Exchange, in order to ensure that investors have latest relevant infor...
2026-09-15Shareholder meetingNotice of Postal Ballot
2026-09-11AllotmentAllotment of 1800000 warrants convertible into equal number of equity shares of the face value of Rs. 10/- each on a preferential basis on September 1...
2026-09-10General UpdatesThe Dispatch of letter to concerned shareholders for updation of PAN, KYC and Nomination Details.
2026-08-31Concall / analyst meetSchedule of meet
2026-08-18General UpdatesGeneral Updates
2026-08-13Shareholder meetingVoting results.
2026-08-12Shareholder meetingProceedings of Extraordinary General Meeting held on August 12, 2026
2026-08-07CorrigendumThe Second Corrigendum to Notice of Extra Ordinary General Meeting to be held on August 12, 2026
2026-07-31CorrigendumCorrigendum to Notice of Extra Ordinary General Meeting to be held on August 12, 2026
2026-07-28AppointmentAppointment of Mr. Ranjan Jagetia as Non- Executive Independent Director of the company w.e.f. July 28, 2026.
2026-07-21Shareholder meetingNotice of Extraordinary General Meeting to be held on August 12, 2026
2026-07-18Investor PresentationInvestor Presentation
2026-07-18Board meeting outcomeOutcome of Board Meeting held on July 18, 2026.
2026-07-18Board meeting outcomeSangam (India) Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-14Volume querySignificant increase in volume has been observed in Sangam (India) Limited. The Exchange, in order to ensure that investors have latest relevant infor...
2026-07-13Volume querySignificant increase in volume has been observed in Sangam (India) Limited. The Exchange, in order to ensure that investors have latest relevant infor...
2026-07-04ESOPGrant of 508500 Options.
2026-06-30Shareholder meetingSangam (India) Limited has submitted the Exchange a copy Srutinizers report and voting results of Annual General Meeting held on Jun 29, 2026.
2026-06-29Shareholder meetingProceedings of 40th Annual General Meeting held on Jun 29, 2026
2026-06-12Disclosure under SEBI TakeovRam Pal Soni has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acqu...
2026-06-05General UpdatesDispatch of letter to shareholders whose e-mail addresses are not registered with Company/Registrar & Transfer Agent/Depository Participants
2026-06-04Record DateRecord date for the purpose of Dividend & Annual General Meeting is 22-Jun-2026.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2021-07-15NCLTSangam India Limited and Sangam Lifestyle Ventures Limited. Vs N/A
2021-02-23NCLTSangam India Limited and Sangam Lifestyle Ventures Limited. Vs N/A
2020-03-05CESTATSANGAM INDIA LTD ---VS.--- UDAIPUR
2020-03-05CESTATSANGAM INDIA LTD ---VS.--- UDAIPUR
2020-03-05CESTATSANGAM INDIA LTD ---VS.--- UDAIPUR
2020-03-03CESTATSANGAM INDIA LTD ---VS.--- UDAIPUR
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Sangam (India) Ltd?

Sangam (India) Ltd (SANGAMIND) has a market capitalisation of Rs 3,248 Cr. at the 2026-10-01 close.

What is the P/E ratio of Sangam (India) Ltd?

Sangam (India) Ltd trades at a P/E of 25.8 on trailing twelve-month profit, at the 2026-10-01 close.

What were Sangam (India) Ltd's latest quarterly results?

In the Jun 2026 quarter, Sangam (India) Ltd sales was Rs 846 Cr (+7.6% vs Jun 2025) and net profit was Rs 39 Cr.

What is the 52-week high and low of Sangam (India) Ltd?

The 52-week high is Rs 672.50 and the 52-week low is Rs 391.20.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03