On 6 Nov 2026, Sangam (India) was priced at ₹581.70, or 24.1× trailing earnings, against an industry P/E of 17.0×, and the shares are 14% below their 52-week high. It earns ROCE of 12% and ROE of 14%, and sales grew 6.0% a year over 3 years while net profit fell 14%. Its dividend yield is 0.3%, and debt is 1.26× equity. It is a small-cap company with a market cap of ₹2,868 Cr, ranked 15th of 246 Textile Manufacturing companies by market cap; the shares rose 33% over the past year.
- ₹592.30
- ₹597.60
- ₹575.10
- ₹592.30
- 21.8K
Health check
- ReturnsIn line
+32.7% over a year, better than 4 of 7 peers.
- Price tagPricier
P/E 24.1 vs industry 17.0.
- GrowthSteady
Sales +6.0%, profit −14.1% a year over 3 years.
- ProfitabilityAverage
ROCE 11.6% vs peer median 10.7%.
- Balance sheetFair
Debt 1.26× equity, interest covered 2.1×, Piotroski 6 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹2,868 Cr
- Small cap
- P/E
- 24.1
- Industry 17.0
- Price to book
- 2.45
- Peers 3.81
- Dividend yield
- 0.34%
- ROE
- 13.7%
- Peers 10.1%
- ROCE
- 11.6%
- Peers 10.7%
- Debt to equity
- 1.26
- Debt ₹1,504 Cr
- EPS (TTM)
- ₹24.17
- Face value ₹10
- OPM (TTM)
- 11.1%
- Net margin 4.3%
- Sales growth
- +8.9%
- Latest quarter vs a year ago
- Profit growth
- +1825.8%
- Latest quarter vs a year ago
- Price to sales
- 0.80
- EV/EBITDA 10.4
Strengths and risks
Strengths
- Quarterly profit up 1825.8% on a year ago.
- Positive operating cash flow in each of the last 4 years.
About Sangam (India)
Sangam (India) Limited operates as an integrated textile company in India. The company offers polyester, viscose dyed, blended yarn, cotton yarn, pure cotton, PV lycra, and polyester woolen; denim fabric, such as basic, twills, broken, satins, denim shirting, fancy and regular dobby, ecru, RFD, and stretch and non-stretch categories; and seamless garments, including inner wear, active wear and casual wear garments for women and men. It sells its products…
- Headquarters
- Bhilwara
- Employees
- 10,301
- Sector
- Consumer Cyclical
- ISIN
- INE495C01010
- Website
- sangamgroup.com
Price range
- Avg volume (3M)
- 37.4K
- 1-year return
- plus 32.7%
- From 52-week high
- minus 13.5%
Peers · Textile Manufacturing
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KPRMILLK.P.R. Mill | 1,164.40 | minus 0.25% | 39,883 | 38.3 | 6.41 | 20.0% | 18.0% | 22.1% | 2.3% | 2.1% | 0.43% | plus 10.5% |
| WELSPUNLIVWelspun Living | 241.30 | minus 4.75% | 22,717 | 52.8 | 4.47 | 5.8% | 8.8% | 28.7% | 5.7% | 0.9% | 0.04% | plus 96.2% |
| VTLVardhman Textiles | 508.80 | minus 4.89% | 14,729 | 14.3 | 1.38 | 8.6% | 7.3% | 13.7% | −0.8% | −2.1% | 0.98% | plus 22.2% |
| ARVINDArvind | 494.75 | minus 0.58% | 12,969 | 28.4 | 3.10 | 15.4% | 11.1% | 10.9% | 3.4% | 0.8% | 0.91% | plus 57.3% |
| TRIDENTTrident | 23.88 | plus 0.08% | 12,168 | 25.4 | 2.53 | 10.7% | 10.1% | 14.9% | 1.8% | −5.1% | 2.09% | minus 16.6% |
| ICILIndo Count Industries | 489.85 | minus 2.25% | 9,702 | 39.8 | 3.81 | 9.5% | 5.5% | 9.7% | 11.6% | −22.9% | 0.31% | plus 78.7% |
| GARFIBRESGarware Technical Fibres | 715.65 | minus 2.13% | 6,988 | 29.8 | 4.97 | 19.3% | 15.3% | 19.2% | 5.6% | 4.9% | 1.26% | minus 3.9% |
| SANGAMINDSangam (India) | 581.70 | minus 1.79% | 2,868 | 24.1 | 2.45 | 11.6% | 13.7% | 11.1% | 6.0% | −14.1% | 0.34% | plus 32.7% |
| Median of 7 peers | – | −2.13% | 12,969 | 29.8 | 3.81 | 10.7% | 10.1% | 14.9% | 3.4% | 0.8% | 0.91% | 22.2% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 790 | 786 | 775 | 884 | 860 | |
| 732 | 709 | 690 | 782 | 755 | |
| 57.6 | 76.9 | 84.4 | 102 | 105 | |
| 7.3% | 9.8% | 10.9% | 11.5% | 12.2% | |
| 12.7 | −1.4 | 0.3 | −3.6 | 6.9 | |
| 30.3 | 29.3 | 27.4 | 26.9 | 29.8 | |
| 35.9 | 10.5 | 24.5 | 24.5 | 25.7 | |
| −1.7 | −1.7 | −1.7 | −1.7 | −1.7 | |
| 2.5 | 34.1 | 31.1 | 45.1 | 55.2 | |
| 15.8% | 32.1% | 21.4% | 27.1% | 25.6% | |
| 2.1 | 23.1 | 24.5 | 32.9 | 41 | |
| 0.42 | 4.60 | 4.87 | 6.54 | 8.16 |
Profit & loss
- Sales CAGR 3Y
- +6.0%
- Profit CAGR 3Y
- −14.1%
- EPS CAGR 3Y
- −15.5%
- ROE
- 13.7%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2,656 | 2,550 | 2,774 | 3,161 | |
| – | minus 4.0% | +8.8% | +14.0% | |
| 2,331 | 2,331 | 2,527 | 2,835 | |
| 325 | 219 | 247 | 326 | |
| 12.2% | 8.6% | 8.9% | 10.3% | |
| −18.8 | 1.9 | 0.6 | −11 | |
| 47.9 | 65 | 86.7 | 105 | |
| 79.4 | 96.8 | 114 | 95.4 | |
| −19.5 | −6 | −2 | −1.3 | |
| 160 | 53.4 | 44.2 | 113 | |
| 18.2% | 23.5% | 28.1% | 26.8% | |
| 131 | 40.8 | 31.8 | 82.6 | |
| – | minus 68.7% | minus 22.1% | +159.7% | |
| 27.26 | 8.21 | 6.33 | 16.44 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 45.1 | 50.3 | 50.3 | 50.3 | |
| 838 | 934 | 957 | 1,026 | |
| 826 | 1,066 | 1,138 | 1,278 | |
| 451 | 679 | 811 | 961 | |
| 2,161 | 2,729 | 2,955 | 3,315 | |
| 1,020 | 1,317 | 1,508 | 1,639 | |
| 298 | 312 | 232 | 138 | |
| 0.8 | 0.8 | 0.8 | 22.2 | |
| 7.1 | 10.4 | 113 | 180 | |
| 834 | 1,089 | 1,102 | 1,336 | |
| 2,161 | 2,729 | 2,955 | 3,315 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 216 | 160 | 432 | 269 | |
| −354 | −390 | −372 | −272 | |
| 143 | 230 | −36 | 17.2 | |
| 5.7 | 0.3 | 23.7 | 13.9 | |
| −389 | −408 | −315 | −226 | |
| −173 | −248 | 117 | 43.1 | |
| −8.9 | −10.1 | −10.1 | −10.1 |
Shareholding pattern
- Promoters70.52%
- Public27.60%
- Employee trusts1.88%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 70.52% | 27.60% | 0.00 | |
| 30 Jun 2026 | 70.52% | 27.63% | 0.00 | |
| 31 Mar 2026 | 70.52% | 27.62% | plus 0.17 | |
| 31 Dec 2025 | 70.35% | 27.98% | plus 0.19 | |
| 30 Sep 2025 | 70.16% | 28.54% | – |
Major shareholders
Filings & events
News
No recent news coverage found.