ALFA Finder
The call ran from 1:01 PM to 1:43 PM IST (42 min).
Key takeaways
Sangam reported its best-ever quarter with revenue crossing ₹1,000 Cr, driven by high capacity utilization across divisions.
| Management target | Net Profit 100.0% FY27 |
|---|
| Revenue growth | 33% YoY growth, record ₹1,045 Cr quarterly revenue. |
|---|---|
| Margins | Record EBITDA of ₹127 Cr; solar power reducing energy costs. |
| Order book | Visibility of 45-60 days across all divisions. |
| Demand visibility | Strong demand; capacity running at near full utilization. |
| Management confidence | Confident, aspirational tone regarding doubling PAT and aggressive capex. |
Growth
Revenue grew 33% YoY to ₹1,045 Cr; PAT hit record ₹53 Cr. H1 PAT already exceeds full FY26.
Outlook
Aims to double PAT in FY27; ₹1,500 Cr capex underway to boost cotton yarn capacity by 60-70%.
Risks
Rising debtor days (77 vs 67) due to slow government tender payments and export delays.
Last quarter's promises, checked
Delivered
- Maintain/better Q4 margins (EBITDA ₹98 Cr on ₹880 Cr rev) → EBITDA ₹127 Cr on ₹1,045 Cr rev (= BEAT)
Partly delivered
- 10-15% renewable power → 70%+ by Jun-27, reaffirmed as Q1FY28; no interim % disclosed (= PARTIAL)
Missed
- Debtor days to 'come down' (no figure given) → rose to 77 from 67 (= MISS)
Summary by ALFA Finder, written with AI assistance from our own recording of the call, published . Open it on ALFA Filings ›
The results behind this call
Sangam (India) Q2 FY27 Results: Net Profit ₹53.4 Cr, Up 131.2% YoY
Sangam (India) Ltd reported revenue from operations of ₹1,045 Cr (+33.0% YoY) and net profit of ₹53.4 Cr (+131.2% YoY) for Q2 FY27.
- Key figure
- Net profit ₹53.4 Cr · +131.2% YoY
What management said last time
Full summary →From the call summary published .
Outlook they gave
Executing ₹1,500Cr capex plan for completion by March 2029, targeting ₹300Cr incremental EBITDA and entry into garmenting.
Growth they described
Revenue grew 8.1% YoY to ₹867Cr. EBITDA margins expanded 418 bps to 12.9% due to favorable product mix and operational leverage.
Call details
| Company | Sangam India Ltd |
|---|---|
| NSE symbol | SANGAMIND |
| ISIN | INE495C01010 |
| Call | Q2 FY27 earnings call |
| Date | Thursday, 5 November 2026 |
| Time | 1:00 PM IST |
| Length | 42 min |
| Audio | Our stream on YouTube ↗ |
Sangam India Ltd: key numbers
- Share price
- ₹638.70
- Market cap
- ₹3,209 Cr
- Revenue (annual)
- ₹3,235 Cr
- Net profit (annual)
- ₹82.60 Cr
- P/E (TTM)
- 21.1×Sector 48.2×
- Promoter holding
- 70.52%+0.00% QoQ
- FII holding
- 2.45%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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