Sanghi Industries Ltd (SANGHIIND) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 526521 | NSE: SANGHIIND | Cement & Construction Materials | Small Cap

Sanghi Industries Share Price

61.62 -0.41 -0.66%
as on 05-Dec'25 14:30

Sanghi Industries Ltd (SANGHIIND) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 526521 | NSE: SANGHIIND | Cement & Construction Materials | Small Cap

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Overall Rating
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1. Quality


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2. Valuation


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3. Price Trend


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Sanghi Industries stock performance -

Key Ratios
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P/E Ratio (SA):
0.00
Market Cap:
1,602.4 Cr.
52-wk low:
50.1
52-wk high:
84

Is Sanghi Industries Ltd an attractive stock to invest in?


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10 Year X-Ray of Sanghi Industries: Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Sanghi Industries Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 2.5%7.6%8.2%4.6%5.3%6%4.3%-2.8%-5.3%-7.4%-
Value Creation
Index
-0.8-0.5-0.4-0.7-0.6-0.6-0.7-1.2-1.4-1.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,0169981,0261,0618889391,1299288289691,125
Sales YoY Gr.--1.8%2.9%3.4%-16.4%5.8%20.3%-17.8%-10.8%17%-
Adj EPS 3.62.93.62.32.73.21.6-12.9-17.6-16.4-15.7
YoY Gr.--20.4%26%-37.1%18.8%17.7%-49.4%-897.5%NANA-
BVPS (₹) 63.750.663.765.868.371.573.160.44323.716.3
Adj Net
Profit
8063.591.457.568.380.440.7-334-453-424-406
Cash Flow from Ops. 1907622212271.3302402-25.2-245-249-
Debt/CF from Ops. 4.27.93.36.317.64.63.4-60.9-8.5-10-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -0.5%1.8%-5%17%
Adj EPS -218.3%-243.3%-316.4%NA
BVPS-10.4%-19.1%-31.3%-44.9%
Share Price -0.6% 12.6% -5.3% -25.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
65.96.73.54.14.62.2-19.7-34-49.2-78.6
Op. Profit
Mgn %
20.219.92115.222.225.917-1.4-8.56.910.4
Net Profit
Mgn %
7.96.48.95.47.78.63.6-36-54.8-43.8-36.1
Debt to
Equity
0.60.50.50.50.70.80.811.94.15.2
Working Cap
Days
15610811714822121117118714913276
Cash Conv.
Cycle
-14-1916618857392369-30

Recent Performance Summary

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Latest Financials - Sanghi Industries Ltd.

Standalone Consolidated
TTM EPS (₹) -15.7 -
TTM Sales (₹ Cr.) 1,125 -
BVPS (₹.) 16.3 -
Reserves (₹ Cr.) 162 -
P/BV 3.81 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 50.10 / 83.99
All Time Low / High (₹) 2.75 / 156.20
Market Cap (₹ Cr.) 1,602
Equity (₹ Cr.) 258.3
Face Value (₹) 10
Industry PE 37.1

Management X-Ray of Sanghi Industries:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *98.8898.8822.1920.5121.4721.4721.4714.100.0014.10
* Pledged shares as % of Promoter's holding (%)

Valuation of Sanghi Industries - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Event Update

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Analyst's Notes

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Key Ratios of Sanghi Industries

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales7629981,0261,0618889391,129928828969
Operating Expenses 611799811907695699938942909902
Manufacturing Costs228303320369282280481560468691
Material Costs697966977285732116474
Employee Cost 38535442484866646555
Other Costs 27636537139929328531729621382
Operating Profit 151198216154193240192-14-8167
Operating Profit Margin (%) 19.8%19.9%21.0%14.5%21.7%25.6%17.0%-1.5%-9.8%6.9%
Other Income 2222271291119639
Interest 22647257787382238284228
Depreciation 5473727162646493107218
Exceptional Items -60000000017-121
Profit Before Tax 166393536511357-326-449-462
Tax 0000034160037
Profit After Tax 16639353657841-326-449-498
PAT Margin (%) 2.1%6.3%9.1%5.0%7.4%8.3%3.6%-35.1%-54.2%-51.4%
Adjusted EPS (₹)0.72.93.72.12.63.11.6-12.6-17.4-19.3
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund 1,0511,1141,5981,6501,7151,7941,8341,5591,111612
Share Capital 220220251251251251251258258258
Reserves 8318941,3471,3991,4641,5431,5831,301852354
Minority Interest0000000000
Debt5365877147141,1391,3431,2891,5262,0812,485
Long Term Debt4714595515218801,0591,0091,3512,0812,485
Short Term Debt6512816319325928428017600
Trade Payables14414213319313113827134058103
Others Liabilities 230127123173333278389247341532
Total Liabilities 1,9621,9702,5672,7303,3183,5533,7833,6733,5913,733

Fixed Assets

Gross Block2,5362,5822,7112,8783,0393,0464,5554,5864,6164,739
Accumulated Depreciation1,0571,1301,2021,2731,3331,3941,3921,4691,4311,649
Net Fixed Assets 1,4781,4521,5091,6051,7061,6523,1633,1173,1853,090
CWIP 821672944371,0041,33842424149
Investments 0000000000
Inventories138187147237357351324296138315
Trade Receivables1824324439499352058
Cash Equivalents 83164281675433465617422
Others Assets 1611241572401581301151099099
Total Assets 1,9621,9702,5672,7303,3183,5533,7833,6733,5913,733

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity 1427622212271302402-25-245-249
PBT 166393536511357-326-449-462
Adjustment 126137129108137138144321393544
Changes in Working Capital 1-122-12-38-13248202-20-188-334
Tax Paid -0-211-114-1-1-24
Cash Flow From Investing Activity -124-8-684-112-471-342-29829236-128
Capex -46-75-289-400-593-364-28737195-138
Net Investments -7867-41226111520-14-10372
Others 011626832258
Cash Flow From Financing Activity -19-68463-1040139-105-3182225
Net Proceeds from Shares 0039100005000
Net Proceeds from Borrowing 175-611051641481-22251714404
Interest Paid -164-70-68-56-79-67-80-199-356-155
Dividend Paid 0000000000
Others -306335306625-3-105-177-23
Net Cash Flow -0-0002-1-11172-152

Finance Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)1.635.836.883.243.884.462.24-19.2-33.62-57.84
ROCE (%)2.497.568.174.625.316.034.33-2.78-5.25-7.44
Asset Turnover Ratio0.460.560.460.40.290.270.310.260.230.26
PAT to CFO Conversion(x)8.881.212.392.31.093.879.8N/AN/AN/A
Working Capital Days
Receivable Days77101317172327022
Inventory Days665458661221381091179485
Payable Days7836627566118255751,0175,214443396

Sanghi Industries Ltd Stock News

Sanghi Industries Ltd FAQs

The current trading price of Sanghi Industries on 05-Dec-2025 14:30 is ₹61.62.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 04-Dec-2025 the market cap of Sanghi Industries stood at ₹1,602.4.
The latest P/E ratio of Sanghi Industries as of 04-Dec-2025 is 0.00.
The latest P/B ratio of Sanghi Industries as of 04-Dec-2025 is 3.81.
The 52-week high of Sanghi Industries is ₹83.99 and the 52-week low is ₹50.10.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Sanghi Industries is ₹1,125 ( Cr.) .

About Sanghi Industries Ltd

Sanghi Industries Limited, formerly known as Sanghi Leathers Pvt. Ltd, a Sanghi group company was formed in the year 1985. The company was initially established with the aim of manufacturing PVC foam leather cloth. Thereafter, it had extended its production process to items like PVC self adhesive tapes, tarpaulins, and cements. Now it is India’s largest single steam cement plant.

The product line of the company comprises BOPP self adhesive tapes & PVC insulation tapes, hard leather, tarpaulins, stock labels and rigid PVC sheeting. Its product line includes chlorides, sulphuric anhydride and magnesia It also offers clinker and cement products.

The Sanghi Group is promoted by Shri Anand Prakash Sanghi and his brothers Shri Sudhir Sanghi, Shri Ravi Sanghi, Shri Girish Sanghi. The Group started its operations with its core competency in textiles and textile related activities and later diversified into Publications (Telugu & Hindi Daily Paper) plastics and leather, manufacturing wide range of leather and plastic products. Further, expanding its horizon the group entered into cement production with its plant located in Kutch of Gujarat.

Sanghi Industries Limited has setup a 3.3 MTPA cement plant with the most modern and state-of-the-art technology from Fuller International, USA at Village Motiber, Taluka, Abdasa in Kutch District, of Gujarat in India, having captive mines of raw materials which are equipped and operated with the best available state of art, safe and eco-friendly technology.

The company is well known for its concern to control the generation and liberation of fugitive dust at various sources in the mines and cement plant for the protection of environment by adoption of scientific measures. The adoption of surface miner for limestone mining, bag filters at all potential dust emission points and reverse air bag filter for raw mill and kiln gases, ESP’s are example of consciousness and commitment of the company towards the implementation of best available technological means. We are producing high quality clinker to manufacture superior quality of 53 grade portland cement from the very first date of commissioning the plant. We are maintaining high C3S in clinker with values exceeding 55%.

A choice to use lignite as 100% fuel was made due to economic reasons and process capabilities of Sanghi Industries Ltd though the plant supplier recommended the usage of lignite partly along with coal. The company is the first in India to use 100% lignite as fuel. High surface moisture content in lignite as run of mines was countered by sun-drying of lignite up to a level of 20% total moisture. Inertisation system in the process of grinding and storage of lignite was used to avoid fire hazards. Also strictly maintain 9% oxygen level in lignite mill circuit. The generation of carbon monoxide is strictly controlled through effective control of pyro section as gases for lignite mill operation is being taken through preheater. Various auto purging points identified for the purging of inert gas the system whenever any abnormality observed. It is in practice to purge raw mix powder into the mill at the time of starting and stopping of lignite mill.

Highlights of plant

  • The largest single stream cement plant of 3.3 MTPA capacity with state-of-the-art and Automation in Quality Control System.
  • Proximity to location of the all raw materials, the company has obtained mining lease over an area of 2000 Ha.
  • Lignite as 100% fuel which is low cost is available at a distance of 70 Km.
  • All weather captive jetty with high capacity loading arrangement.
  • Highly automated process control and quality control system with Robo Lab.
  • Cement transportation by sea route which contributes to low logistic cost.
  • Sanghi Cement is produced at the world’s largest single-stream cement plant located at Sanghipuram in the Abdasa Taluka of Kutch district in Gujarat. This fully automated plant with state-of-the-art technology from Fuller International, USA, has revolutionized the way cement is produced and has several firsts to its credit.
  • First plant in India to install cross belt analyzer for micro analysis of Limestone to ensure consistent superior quality of cement.
  • First plant in India to install stacker and reclaimer for uniform homogenizing of raw materials.
  • First plant in India to have an alkali bypass system ensures low alkali content in cement and hence eliminates alkali aggregate reactions to safeguard against cracks in the cement paste. 
  • First plant in the country to have 100% robotic control systems to ensure consistently superior strength and quality of operations.
  • Only Indian company to achieve Export House status in the first eight months of commencement of operations.
  • Cement grade high quality captive limestone mines with mining through latest eco-friendly and state-of-the-art surface miners.
  • First company in India to have full fledged infrastructure, from day one, such as 58 MW power plant, own jetty to cater the needs of sea route transportation, desalination plant and road network.

Awards /Achievements

  • Greentech Award - Sanghi Industries Ltd bagged Greentech Environment Excellence Gold Award 2008 for outstanding performance in environment management.
  • Trading House Certificate from the office of the Joint Director General of Foreign Trade, Government of India.
  • Awarded First prize for last four consecutive years, for Best Mining operations, from Indian Bureau of Mines & Directors of Mines Safety, Government of India on various aspects of Mining operations.
  • Recipient of Special Awards from CAPAXIL for years 2002-03, 2003-04 & 2005-06, in recognition for outstanding performance in Export of Cement & Clinker.
  • SA 8000:2001 from DET NORSKE VERITAS, for the Social Accountability System which leads Sanghi to ONE AND ONLY FIVE STAR certified organisation in Indian cement industry. Sanghi Industries has become the 217th company in the country who implemented the systems effectively.
  • ISO 9001:2000 from DET NORSKE VERITAS Management system certificate for Quality Management system for manufacture of clinker and cement.
  • ISO 14001:2004 from DET NORSKE VERITAS Management system certificate for manufacturing and supply of clinker and cement (for conforming to Environmental Management System Standard.)
  • OHSAS 18001:2007 from DET NORSKE VERITAS Management system certificate for manufacturing and supply of clinker and cement (for conforming to Occupational Health and Safety Management System Standard).
  • ISO/IEC 17025:2005 from National Accreditation Board for testing and Calibration laboratories (NABL) for General Requirement for the competence of testing & calibration laboratories in the field of mechanical and chemical testing.
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