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Earnings Call

Sangam (India) Earnings Call: Key Takeaways

Sangam reported strong Q1FY27 results with revenue up 8.1% and PAT surging to ₹41Cr from ₹2Cr YoY. Strategy focuses on forward integration into garmenting and massive renewable energy expansion.

Highlights
Revenue growth8.1% YoY in Q1FY27.
MarginsEBITDA margin up 418 bps YoY to 12.9%; Gross Margin 43.6%.
Demand visibilityHealthy demand across cotton and synthetic value chains.
Management confidenceHigh, citing steady execution and healthy demand across business segments.

Growth

Revenue grew 8.1% YoY to ₹867Cr. EBITDA margins expanded 418 bps to 12.9% due to favorable product mix and operational leverage.

Outlook

Executing ₹1,500Cr capex plan for completion by March 2029, targeting ₹300Cr incremental EBITDA and entry into garmenting.

Risks

High labor intensity in garmenting addressed via automation; power costs mitigated by significant renewable energy investments.

Last quarter's promises, checked

Delivered

  • Guided Q4 revenue INR 880Cr → delivered INR 867Cr in Q1FY27 (= PARTIAL)
  • Guided doubling PAT in FY26 → delivered INR 83Cr vs INR 41Cr FY25 (= BEAT)
  • Guided 55-day working capital cycle → delivered 55 days (= BEAT)

Partly delivered

  • Guided 70% renewable power in 5 quarters → currently ~15% (= PARTIAL)
  • Guided garment utilization increase → reached 50% vs 49% previously (= PARTIAL)
Source

Earnings Call filed with BSE, NSE: SANGAMIND. Summary written with AI assistance from the document.

Read the document ↗

Sangam (India) Ltd: key numbers

Share price
₹619.90
Market cap
₹3,115 Cr
Revenue (annual)
₹3,235 Cr
Net profit (annual)
₹82.60 Cr
P/E (TTM)
25.6×Sector 55.7×
Promoter holding
70.52%+0.00% QoQ
FII holding
2.50%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Sangam (India) Ltd

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11:27 IST BSE
Employee Stock Options

Sangam (India) Employee Stock Options

Sangam India's ESOP Trust bought 7,042 shares on NSE and sold 4,100 shares under ESOP. Total trust inventory activity valued at ₹0.54 Crore.

Value
₹0.54 Cr
11:33 IST BSE
Other Announcement

Sangam (India) Other Announcement

Sangam India's designated person Anil Kumar Sharma acquired 3,800 equity shares via ESOP on 22-Sep-2026. Post-acquisition holding rose to 8,100 shares (0.02%).

15:40 IST BSE
Promoter Buying

Sangam (India) Promoter Buying: ₹0.16 Cr

Sangam (India) Limited Employees Welfare Trust acquired 2,500 shares and sold 600 shares. The net transaction value is ₹0.16 Crore.

Value
₹0.16 Cr
10:40 IST BSE
Annual General Meeting

Sangam (India) Annual General Meeting

Sangam India issued a Postal Ballot Notice seeking shareholder approval to appoint Mr. Ranjan Jagetia as Independent Director. E-voting runs from September 16 to October 15, 2026.

17:25 IST BSE
Other Announcement

Sangam (India) Other Announcement

Sangam India Ltd's Employee Welfare Trust purchased 4,893 equity shares from the market. The transaction, valued at ₹0.28 Crore, was disclosed under insider trading regulations.

Value
₹0.28 Cr
17:23 IST BSE
Employee Stock Options

Sangam (India) Employee Stock Options

Sangam India Ltd's designated person acquired 2,000 equity shares valued at Rs. 5.33 Lakh via an ESOP allotment.

Value
₹0.05 Cr