| Revenue growth | Q2 +33.0%, H1 +20.9% YoY. |
|---|---|
| Margins | EBITDA margin 8.7% FY24 to 11.8% TTM; Q2 12.1%, gross margin 41.5%. |
| Demand visibility | Chairman cites sourcing diversification and emerging trade opportunities. |
| Management confidence | Chairman: 'defining phase'; transformation translating into results. |
Growth
Q2 EBITDA ₹127 Cr (+67.6%). H1 revenue ₹1,906 Cr (+20.9%), PAT ₹94 Cr (+273.8%).
Outlook
₹1,500 Cr capex by March 2029 for capacity, modernisation, renewables. Solar and hybrid to reach 82 MW by Q1 FY28.
Risks
H1 operating cash flow negative ₹41 Cr; receivable days up to 77; net debt ₹1,373 Cr.
Last quarter's promises, checked
Delivered
- Guided margin ≥Q4 (EBITDA ₹98 Cr on ₹880 Cr rev) → delivered Q2 EBITDA margin 12.1% (= BEAT)
- Guided sequential gains → delivered Q2 rev ₹1,045 Cr, PAT ₹53 Cr (= BEAT)
Partly delivered
- Guided 70%+ renewable power by Jun-27 → delivered 18 MW solar live, 82 MW by Q1 FY28 (= PARTIAL)
- Guided INR50-60 Cr annual energy savings → delivered not quantified (= PARTIAL)
- Guided PAT doubling in FY27 (FY26 ₹83 Cr) → delivered H1 PAT ₹94 Cr, year open (= PARTIAL)
Missed
- Guided debtor days down → delivered receivable days up to 77 (= MISS)
Investor Presentation filed with NSE, NSE: SANGAMIND. Summary written with AI assistance from the document.
Sangam (India) Ltd: key numbers
- Share price
- ₹611.20
- Market cap
- ₹3,071 Cr
- Revenue (annual)
- ₹3,235 Cr
- Net profit (annual)
- ₹82.60 Cr
- P/E (TTM)
- 20.2×Sector 33.3×
- 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.
More from Sangam (India) Ltd
All →Sangam (India) Other Announcement
Sangam (India) Limited submitted its Monitoring Agency Report for the quarter ended September 2026. The report tracks utilization of Rs. 100.00 Crore raised via preferential warrant issuance.
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
Sangam (India) Board Meeting Date
Sangam India Ltd scheduled its board meeting for 4 November 2026 to approve unaudited Q2 results. No financial figures or decisions are reported in this prior intimation.
Sangam (India) Credit Rating
India Ratings upgraded Sangam (India)'s bank loan facilities to IND A/Stable from IND A-. Fresh bank facilities were also assigned the same rating.
Sangam (India) Annual General Meeting
Sangam (India) Limited announced the successful completion of a postal ballot, approving the appointment of Mr. Ranjan Jagetia as an Independent Director.
Sangam (India) Other Announcement
Designated person Devendra Sukhwal sold 4,625 shares of Sangam India Ltd via market sale for ₹0.28 Crore.
- Value
- ₹0.28 Cr