Sangam (India) Ltd (SANGAMIND) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 514234 | NSE: SANGAMIND | Textile | Small Cap

Sangam India Share Price

425 -3.85 -0.90%
as on 05-Dec'25 14:28

Sangam (India) Ltd (SANGAMIND) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 514234 | NSE: SANGAMIND | Textile | Small Cap

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1. Quality


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2. Valuation


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3. Price Trend


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Sangam (India) stock performance -

Key Ratios
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P/E Ratio (SA):
56.78
Market Cap:
2,154.8 Cr.
52-wk low:
295.3
52-wk high:
512.5

Is Sangam (India) Ltd an attractive stock to invest in?


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10 Year X-Ray of Sangam India: 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.
Sangam (India) Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 16.8%11.2%6%7.2%7.4%4.5%18.8%14.3%6.6%6.5%-
Value Creation
Index
0.2-0.2-0.6-0.5-0.5-0.70.30.0-0.5-0.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,5041,5941,6381,8741,7831,3542,4382,7152,6482,8433,033
Sales YoY Gr.-6%2.8%14.4%-4.8%-24.1%80.1%11.4%-2.5%7.4%-
Adj EPS 19.211.95.64.73.50.434.135.28.16.27.6
YoY Gr.--38.1%-52.8%-17.3%-25.2%-87.6%7834.9%3.1%-76.9%-24%-
BVPS (₹) 111.4125.3130.8133.6135.3128.9159191.8196.2199.7203
Adj Net
Profit
75.84722.218.313.71.914815840.83138
Cash Flow from Ops. 13914795.4174183132248193179433-
Debt/CF from Ops. 4.74.88.34.13.54.52.44.25.62.5-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 7.3%9.8%5.3%7.4%
Adj EPS -11.9%12.1%-43.5%-24%
BVPS6.7%8.1%7.9%1.8%
Share Price 4.1% 50.6% 16.8% 10.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
18.710.14.43.52.60.323.219.84.43.13.8
Op. Profit
Mgn %
15117.899.19.112.611.87.77.98
Net Profit
Mgn %
531.410.80.16.15.81.51.11.3
Debt to
Equity
1.51.41.51.31.21.10.90.911.10.7
Working Cap
Days
15316117917017221714415217917885
Cash Conv.
Cycle
1081111151041121479710412612912

Recent Performance Summary

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Latest Financials - Sangam (India) Ltd.

Standalone Consolidated
TTM EPS (₹) 7.6 7.4
TTM Sales (₹ Cr.) 3,033 3,064
BVPS (₹.) 203 203.1
Reserves (₹ Cr.) 970 970
P/BV 2.11 2.11
PE 56.78 57.88
From the Market
52 Week Low / High (₹) 295.25 / 512.45
All Time Low / High (₹) 3.44 / 627.20
Market Cap (₹ Cr.) 2,155
Equity (₹ Cr.) 50.3
Face Value (₹) 10
Industry PE 34.7

Management X-Ray of Sangam India:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of Sangam India - 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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No data found!

Key Ratios of Sangam India

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
Sales1,5041,5941,6381,8741,7831,3542,4382,7152,6482,843
Operating Expenses 1,2781,4181,5111,7111,6221,2302,1302,4142,4452,620
Manufacturing Costs320345393432425303479609562557
Material Costs7568478811,0179286911,2471,4101,4941,638
Employee Cost 140160174188190148201231247252
Other Costs 626663757988203164143172
Operating Profit 226176127162161123308302203223
Operating Profit Margin (%) 15.0%11.0%7.8%8.7%9.0%9.1%12.6%11.1%7.7%7.9%
Other Income 25242598107171621
Interest 64656367694948546892
Depreciation 767377808181707891107
Exceptional Items 000000-12-26-7-7
Profit Before Tax 1106313242031841615339
Tax 338-1897-243271511
Profit After Tax 775530161351411353827
PAT Margin (%) 5.1%3.4%1.9%0.8%0.7%0.4%5.8%5.0%1.4%1.0%
Adjusted EPS (₹)19.513.97.74.03.41.232.529.97.65.5
Dividend Payout Ratio (%)10%14%13%25%30%81%6%7%26%37%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 4394945165275335606918649861,003
Share Capital 39393939394343455050
Reserves 400454476487494516647819935953
Minority Interest0000000000
Debt5836477176406015145457589521,005
Long Term Debt281327344285242204181324561667
Short Term Debt302320372355359309364434391339
Trade Payables76102150164115116287224416589
Others Liabilities 194187201210198227299266313269
Total Liabilities 1,2921,4301,5831,5411,4471,4171,8222,1122,6672,867

Fixed Assets

Gross Block1,3167278498789279819971,1081,4271,789
Accumulated Depreciation73272149230311391395453507595
Net Fixed Assets 5856546996486165906026559191,194
CWIP 141191210971217217177
Investments 66666085750119
Inventories294360357354368372528510651559
Trade Receivables271258326364304294376352455500
Cash Equivalents 4521141021282850
Others Assets 118136184156130142215294346269
Total Assets 1,2921,4301,5831,5411,4471,4171,8222,1122,6672,867

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity 13914795174183132248193179433
PBT 1106313242031841615339
Adjustment 129121127141143132137145159193
Changes in Working Capital -69-38-36-819-1-27-69-21203
Tax Paid -321-7171-2-45-43-12-1
Cash Flow From Investing Activity -107-131-107-24-39-43-197-332-368-369
Capex -109-139-119-30-46-53-192-300-372-308
Net Investments 0-00006-8-38-0-67
Others 28126844647
Cash Flow From Financing Activity -33-148-151-132-93-41146189-43
Net Proceeds from Shares 0000020047700
Net Proceeds from Borrowing 74127-63-63-9-24143239112
Interest Paid -63-64-62-66-67-51-48-53-68-92
Dividend Paid -9-9-10-5-4-4-4-9-10-10
Others 331852-173-503618-42-53
Net Cash Flow -02-4-113-4117022

Finance Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)1911.756.0332.510.9822.5517.314.122.76
ROCE (%)16.811.156.037.177.364.5218.7814.256.556.45
Asset Turnover Ratio1.251.21.091.21.190.951.511.381.111.03
PAT to CFO Conversion(x)1.812.673.1710.8814.0826.41.761.434.7116.04
Working Capital Days
Receivable Days62596567688150495661
Inventory Days667379697410067708078
Payable Days37385256556137261616

Sangam (India) Ltd Stock News

Sangam (India) Ltd FAQs

The current trading price of Sangam India on 05-Dec-2025 14:28 is ₹425.0.
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 Sangam India stood at ₹2,154.8.
The latest P/E ratio of Sangam India as of 04-Dec-2025 is 56.78.
The latest P/B ratio of Sangam India as of 04-Dec-2025 is 2.11.
The 52-week high of Sangam India is ₹512.5 and the 52-week low is ₹295.2.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Sangam India is ₹3,033 ( Cr.) .

About Sangam (India) Ltd

Established in 1984, Sangam India Ltd. is one of the foremost producers in PV dyed yarn, cotton and OE yarn and also ready to stitch fabric. The NSE & BSE listed company produces millions of meters of PV fabric and denim fabric annually. This magnitude of production is possible with a highly organized production base. The Group has also introduced a seamless garment manufacturing facility with many seamless knitting machines that have the capacity to produce multi million pieces per annum.

Sangam started with only eight weaving machines in 1984 and is now being recognized as a leading brand in the textile industry, with presence in many countries. Sangam Group celebrated many such milestones in its journey so far. Some of them include backward integration to spinning in 1995 with 17,280 spindles of PV Dyed Yarn and further increasing it to 11,520 spindles in 1998. In 2003, the company built a 10.0 MW coal based captive power plant by adding 35,232 spindles. In 2009, by installing 1.13 Lakh Spindles, 130 Weaving Machines, 12 Knitting Machines and Captive Thermal Power Plants of 6 & 15 MW.

The company's major expansion kick-started in 2014, as the group saw an increase in Denim capacity to 35 million meters p.a. Installation of state-of-the-art Seamless Garment Machines with a capacity of 3.6 lakhs pieces p.a. The next big step was venturing into the B2C market space with the launch of C9 Airwear, a casual wear & active wear apparel brand for women in 2015. C9 Airwear is available across 1000 multi brand outlets in India and all major digital retail portals such as Myntra, Amazon, Nykaa, Flipkart etc.

Presently, the company is well-positioned as one of the most vertically integrated textile players across the country. It is self-sufficient in all aspects owing to its presence across the national end-to-end textile value chain. With its rich experience, quality product offerings, and strong manufacturing expertise, the company has created a robust clientele. Its renowned client base include Banswara Syntex, Siyaram, BSL, Vimal, RSWM Limited, Arvind Limited, Trident Limited, Marks & Spencer, Reliance Trends, Zivame, Myntra, Lifestyle International, Benetton and Westside, among others.

Business area of the company

The company is engaged in manufacturing of cotton, synthetic blended yarns, open yarn, synthetic and denim fabric weaves, cotton knitted fabric seamless garment knitting, and fabric processing. It also offers a range of woven PV fabrics, for suiting and bottom wear. The Company’s flagship brands include Sangam Suiting and Sangam Denim.

Milestones

  • 1984: Sangam commenced operation with eight weaving machines.
  • 1995: The group commenced backward integration with 17,280 spindles of PV Dyed Yarn.
  • 1998: Further addition of 11,520 spindles was made to the spinning capacity.
  • 2003: The capacity was augmented by addition of 35,232 spindles & which led to adding a 10.0 MW coal based thermal power plant.
  • 2009: The company completed installation of 1.13 Lakh Spindles, 130 Weaving Machines, 12 Knitting Machines and Captive Thermal Power Plants of 6 & 15 MW.
  • 2014: The group saw an increase in Denim capacity to 32 million meters p.a. Installation of state of the art Seamless Garment Machines with capacity of 3.6 lakhs pieces p.a.
  • 2015: The company launched it's seamless wear brand- C9, One piece garments free of side seams, made of light, smooth and soft to touch fabrics.
  • 2021: Incorporated wholly owned Subsidiary Company namely ‘Sangarn Ventures’ (SVL) on December 03, 2021.
  • 2022: Granted approval under Production Linked Incentive (PLI) Scheme from Ministry of Textile, Government of India for manufacturing of textiles products in India.
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