Sangam (India) Limited (SANGAMIND) AI Stock Analysis

• Market Cap: ₹21.81B
• Dividend Yield: 0.46%
• Average Volume (3M): 2.85K
• Price to Earnings (P/E): 111.0
• Beta (1Y): 2.02
• Revenue Growth: 11.71%
• EPS Growth: -53.73%
• Country: IN
• Employees: 9,931
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Apparel - Manufacturers
• EPS (TTM): 0.42
• Shares Outstanding: 50,246,560
• 10 Day Avg. Volume: 3,015
• 30 Day Avg. Volume: 2,846
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹411.00
• Price Target Upside: -5.31% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 55 Neutral
• Price Target: ₹411.00 ▼(-5.31% Downside)

Sangam (India) Limited's stock score is primarily impacted by its financial performance and valuation. The company faces profitability challenges and operational inefficiencies, while the high P/E ratio suggests overvaluation. Technical indicators show a potential bearish trend, further weighing on the stock's attractiveness.

Sangam (India) Limited Business Overview & Revenue Model

Company Description

Sangam (India) Limited manufactures and sells PV dyed yarns in India and internationally. Its product portfolio includes PV dyed/grey yarns, cotton spun and open ended yarns, indigo rope dyed yarns, texturized yarns, PV fabrics and processed fabrics, synthetic blended fabrics, cotton knitted fabrics, and denim fabrics, as well as seamless garments, such as air wear, intimate wear, shape wear, leisure wear, active wear, and casual wear garments for women. The company also produces steel; solar, thermal, and wind power; and develops real estate properties. It markets its products under the C9 Airwear, Sangam Suitings, Sangam Denims, and Sangam Yarns brands through online and offline channels. The company also exports its products. Sangam (India) Limited was incorporated in 1984 and is headquartered in Mumbai, India.

How the Company Makes Money

Sangam (India) Limited generates revenue primarily through the sale of its textile products, which include synthetic and blended dyed yarns, woven fabrics, and knitted fabrics. The company has a vertically integrated business model, allowing it to control the entire production process from spinning to finished garments, enhancing efficiency and cost-effectiveness. Revenue streams are diversified across domestic sales in India and exports to international markets. Additionally, Sangam (India) Limited benefits from economies of scale and strategic partnerships with suppliers and distributors, which help in optimizing production costs and expanding market reach. The company's ability to innovate and offer customized solutions also contributes to its competitive edge and financial performance.

Sangam (India) Limited Financial Statement Overview

Summary

Sangam (India) Limited shows a mixed financial performance. Revenue growth is present but inconsistent, and profitability is challenged by cost pressures and operational inefficiencies. The balance sheet reflects moderate leverage, posing some risk, while cash flow generation is inconsistent. Focus on cost management and operational efficiency is needed.

Income Statement

Sangam (India) Limited shows a mixed income statement performance. The gross profit margin has significantly dropped from previous years, indicating cost pressures or changes in pricing. Net profit margin is low, reflecting challenges in converting revenue to profit. Revenue has shown growth overall, but with fluctuations between years, suggesting potential volatility in sales. The EBIT margin has declined, indicating reduced operational efficiency. EBITDA margin is relatively stable but could improve. The company needs to focus on cost control and operational efficiency to enhance profitability.

Balance Sheet

The balance sheet shows moderate strength. The debt-to-equity ratio is relatively high, indicating significant leverage which poses financial risk, especially in volatile market conditions. Return on equity has seen fluctuation but is overall moderate, reflecting a reasonable return for shareholders. Equity ratio suggests a balanced approach towards funding through equity as opposed to relying heavily on debt. Improvements in equity and reduction in debt would strengthen financial stability.

Cash Flow

Cash flow analysis reveals some concerns. The operating cash flow to net income ratio is healthy, indicating good cash generation from operations. However, free cash flow has been inconsistent, showing negative figures in some years due to high capital expenditures. Free cash flow to net income is weak, suggesting limited cash availability post-investment activities. The company should aim to optimize capital expenditure to enhance free cash flow generation.

Breakdown	TTM	Dec 2025	Dec 2023	Dec 2022	Dec 2022	Dec 2021
Income Statement
Total Revenue	28.24B	28.57B	26.28B	24.22B	27.12B	13.48B
Gross Profit	5.73B	4.56B	7.73B	9.46B	11.79B	5.14B
EBITDA	2.48B	2.53B	2.15B	3.02B	2.93B	1.31B
Net Income	359.40M	318.00M	408.20M	1.41B	1.31B	42.10M
Balance Sheet
Total Assets	0.00	29.55B	27.29B	18.24B	21.61B	14.09B
Cash, Cash Equivalents and Short-Term Investments	200.10M	1.31B	104.40M	11.30M	909.10M	1.90M
Total Debt	0.00	11.38B	10.66B	7.64B	8.36B	5.89B
Total Liabilities	-9.99B	19.48B	17.45B	11.08B	12.77B	8.56B
Stockholders Equity	9.99B	10.07B	9.84B	7.16B	8.83B	5.52B
Cash Flow
Free Cash Flow	0.00	274.30M	-2.48B	-1.13B	-1.73B	715.10M
Operating Cash Flow	0.00	3.42B	1.60B	910.60M	2.16B	1.33B
Investing Cash Flow	0.00	-3.79B	-3.90B	-1.92B	-3.54B	-429.30M
Financing Cash Flow	0.00	591.00M	2.30B	1.13B	1.43B	-931.70M

Sangam (India) Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 434.05
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SANGAMIND, the sentiment is Positive. The current price of 434.05 is above the 20-day moving average (MA) of 398.57, above the 50-day MA of 398.09, and above the 200-day MA of 401.26, indicating a bullish trend. The MACD of 13.82 indicates Negative momentum. The RSI at 69.32 is Neutral, neither overbought nor oversold. The STOCH value of 91.50 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:SANGAMIND.

Sangam (India) Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CLSEL	70 Outperform	₹13.23B	13.32	14.03%	0.94%	-1.06%	-4.31%
HUHTAMAKI	69 Neutral	₹17.33B	23.99	7.37%	0.87%	-0.87%	-82.44%
DOLLAR	68 Neutral	₹20.79B	21.60	10.64%	0.82%	12.55%	6.68%
RSWM	60 Neutral	₹6.95B	-41.09	-3.09%	―	9.72%	24.23%
SANGAMIND	55 Neutral	₹21.81B	110.99	―	0.46%	11.71%	-53.73%
MARALOVER	45 Neutral	₹1.93B	-6.38	-22.22%	―	3.89%	-1584.25%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%

Sangam (India) Limited Corporate Events

Sangam (India) Limited Expands with Strategic Acquisition

Sangam (India) Limited’s board has approved the acquisition of a Recycle Polyester Staple Fibre Manufacturing Unit from Eminent Dealers Private Limited, located in Bhilwara, Rajasthan. This strategic move, with an investment of up to Rs. 52.51 Crores, aims to enhance Sangam’s production capabilities by utilizing the unit’s output as raw material for its other operations, potentially strengthening its market position and operational efficiency.