Sangam (India) Ltd's earnings have declined by -53.2%, whereas share price has declined -7.3% CAGR over the past five years, indicating the company’s share price is likely overvalued. However, for specific investment actions please consult your investment advisor.
Sangam (India) Ltd share price has appreciated 21.6% annually (CAGR) over the past ten years.
Data is not available for this company.
Sangam India (SIL) was incorporated 1984 as Arun Synthetics. Being the flagship company of the Sangam Group, the company is engaged into manufacturing of yarn and fabrics.SIL started its operations in 1985.
Sangam Group (Parent Company)
The Group is well known name in the textile business. It is one of leading manufacturer, exporter and supplier of world-class suitings, flock fabrics and yarn from India.
This Bhilwara-based company exports its premium product
This Bhilwara-based company exports its premium product range to Turkey, Belgium, Spain, MiddleEast, and various other countries.
1984- Sangam India (SIL) was incorporated.
1985- SIL started its operations.
1993- Sangam India established northern India's first 'Rapier Weaving machines'
1995- The company increased its production capacity by installing a weaving machine. The same year witnessed the merger of two closely held profit making companies.
Further, in the same year the company adopted backward integration strategy and forayed in the spinning segment. It installed 17280 spindles that manufactured PV dyed yarn.
1996- SIL started commercial production of its spinning project
1997- The company expanded its spinning and weaving capacity.
1998- The companyâ€™s spinning division received ISO 9002 certification by Bureau of Indian Standard.
Further, the company expanded its spinning capacity to 64032 spindles. Presently, SIL owns 127 imported weaving machines in its weaving division namely Shuttleless, Rapier and Airjet Weaving Machines.
Sangam India is the largest producer of dyed yarn in India at a single location. It also has captive power plant with 15.7 MW of capacity. Currently SIL produces 12 million meter of fabrics annually.
The company is planning to increase its power capacity by installing a thermal power plant of 21 MW.