Sangam

Bhilwara, India Founded: 1984 • Age: 42 yrs Listed
Commercial property development services are offered by Sangam.

About Sangam

Sangam is a publicly listed company based in Bhilwara (India) founded in 1984 by Ram Pal Soni. Commercial property development services are offered by Sangam. The company has 11,020 employees. Its Indian entity Sangam (India) Limited reported revenue of β‚Ή3,243 Cr. Sangam offers products and services including Yarn and Denim Fabric. Its focus areas include Chemicals and Materials and Textile Yarn.

Company details

Sangam was founded in 1984 in Bhilwara, India, by Ram Pal Soni. Operations focus on the real estate sector, where commercial property development services are provided. Projects are managed across various stages, including planning, construction, and management. The company serves clients in the Indian market, with activities centered in regional urban areas. Expertise is applied to deliver functional commercial spaces.

  • Headquarters Bhilwara, India
  • Employees 11,020
  • Founders Ram Pal Soni
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
  • Email
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  • Phone
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  • Website sangamgroup.com
  • Social LinkedIn
  • Legal Name Sangam (India) Limited
Key Metrics
  • Market Cap
    ₹2,943 Cr

    SANGAMIND · NSE

  • Share Price
    ₹595.20

    +1.62% today

  • Revenue
    ₹3,235 Cr

    FY 2025-26 · +13.2% YoY

  • EBITDA
    ₹314 Cr

    Margin 9.7%

  • Net Profit
    ₹87.26 Cr

    FY 2025-26 · +152.6% YoY

  • P/E (TTM)
    23.2x

    P/B 2.7x

  • ROE
    7.9%

    ROCE 10.0%

  • Debt / Equity
    1.16

    Interest cover 52.1x

  • Investors
  • Employee Count
    11,020

Products & Services of Sangam

Sangam offers a comprehensive portfolio of products and services, including Yarn and Denim Fabric.

Yarn
Textile Products

Yarn is produced for textile applications, including integration into fabrics and garments.

Denim Fabric
Fabric Products

Denim fabric is manufactured for apparel and other uses, with expansions noted in production capacities.

Funding Insights of Sangam

  • Total Rounds 1
  • Investors Count 1

All 1 funding rounds of Sangam with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2005Post-IPO––
Valuation history

1 investors in total: 1 institutional.

Investors in Sangam

Sangam has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include ICICI Venture.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Alternative asset management and investment services in India.
1988iciciventure.comMumbai, India
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Investor details for Sangam

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Sangam (India) Limited (Sangam)

Sangam (India) Limited is the primary company behind Sangam. The board of Sangam (India) Limited currently have 7 directors; the longest-serving is Ram Pal Soni, appointed in 1984. 18 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ram Pal Soni
DIN 00401439
Whole-time director31 Dec 198441 yrs 9 moSangam (India) Limited
Shri Niwas Modani
DIN 00401498
Whole-time director20 Jun 198937 yrs 4 moSangam (India) Limited
Vinod Kumar Sodani
DIN 00403740
Whole-time director29 Sep 200719 yrsSangam (India) Limited
Anurag Soni
DIN 03407094
Managing Director10 Aug 20233 yrs 2 moSangam (India) Limited
Upendra Prasad Singh
DIN 00354985
Director12 Aug 20242 yrs 2 moSangam (India) Limited
Dinesh Chander Patwari
DIN 10060352
Director12 Aug 20242 yrs 2 moSangam (India) Limited
Irina Garg
DIN 10732703
Director12 Aug 20242 yrs 2 moSangam (India) Limited

People of Sangam

50 people are tracked at Sangam (17 in leadership, 4 in board & advisors, 29 in team); the tracked headcount is 11,020.

NameRoleGroup
FounderLeadership
S.n. Modani
Managing Director & CEOLeadership
Executive DirectorLeadership
Whole-time Director & Chief Financial OfficerLeadership
Pranal Modani
Chief Executive Officer (yarn & Denim Business)Leadership
Nirmal Kavadia
Vice President( Commercial)Leadership
Gaurav Chaudhary
Chief Operations OfficerLeadership
Durgesh Chaurasia
Assistant General ManagerLeadership
Hemant Ambekar
President OperationsLeadership
Raj Samriya
Commercial Vice PresidentLeadership
Lalit Jain
Joint President (finance & Accounts)Leadership
Ashish Mattoo
Head DesignerLeadership
Mr Pratap
Jt.president (thermal Power Plant)Leadership
Shachindra Pandey
General Manager TechnicalLeadership
Vineet Sharma (Saraswat)
Asstt. General Manager - Corporate SourcingLeadership
Ladhu Soni
Jt President Finance & Corporate ReltionshipLeadership
M. S. Shekhawat
Head ITLeadership
T.k. Mukhopadhyay
Independent DirectorBoard & advisors
Yaduvendra Mathur
Independent DirectorBoard & advisors
A. Karati
Independent DirectorBoard & advisors

30 more people are available in the full profile.

Premium access

Complete people profiles for Sangam

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

IPO & Listings of Sangam

Sangam is a publicly listed company on the NSE with ticker symbol SANGAMIND in India, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date17 Oct 2014
  • Listed onBSE: 538714
  • Listed entitySangam (India) Limited
  • Exchange sectorProcess industries
  • ISININE495C01010
  • Share price₹602.00 (+1.01% on the day) · 2026-10-14
  • Market capitalisation₹2,994 Cr
  • Price to earnings24.9
  • EPS (diluted, trailing year)₹24.18
  • Dividend yield0.33%
  • Volume (last session)4,866

Financials of Sangam

Exchange-reported figures of Sangam (India) Limited, the listed company behind Sangam (NSE: SANGAMIND).

Financial Highlights

FY 2025-26 Β· Consolidated
Revenue
₹3,235 Cr
+13.2% YoY
EBITDA
₹314 Cr
+32.0% YoY
Profit After Tax
₹87.26 Cr
+152.6% YoY
Net Worth
₹1,076 Cr
+6.9% YoY
Total Assets
₹2,375 Cr
+9.6% YoY
Total Debt
₹1,278 Cr
+12.3% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue3,2352,8572,6282,7122,4381,3591,790
Revenue growth+13.2%+8.7%-3.1%+11.3%+79.4%-24.1%-
EBITDA314238209276295122162
EBITDA margin+9.7%+8.3%+8.0%+10.2%+12.1%+9.0%+9.0%
Profit before tax11344.2053.391601841.9820.14
Net profit87.2634.5543.301451497.9313.16
Net profit margin+2.7%+1.2%+1.7%+5.3%+6.1%+0.6%+0.7%
EPS (β‚Ή)16.446.338.1228.9832.230.973.37
Balance sheet
Total assets2,3752,1662,0691,7201,3261,1421,175
Net worth1,0761,007984883716552527
Total debt1,2781,1381,066826610590648
Cash & bank65.8051.9528.2727.9722.3010.1013.65
Net working capital589561723653607576576
Cash flow
Cash from operations269432160216245133183
Cash from investing(272)(372)(390)(354)(192)(42.93)(38.67)
Cash from financing17.23(35.99)230143(40.61)(93.17)(132)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue860884775786790734754676
Revenue growth (YoY)+8.9%+20.4%+2.7%+16.4%+14.0%---
Other income6.93(3.61)0.33(1.40)12.7412.08(3.19)1.43
EBITDA10410082.7275.2855.9756.0462.3353.97
EBITDA margin+12.1%+11.3%+10.7%+9.6%+7.1%+7.6%+8.3%+8.0%
Depreciation25.6624.5024.5210.4635.8829.8528.8727.77
Interest29.8326.9227.3929.3430.3025.4721.4524.63
Profit before tax55.1545.0931.1434.082.5312.808.823.00
Tax14.1312.216.6710.950.403.286.37(2.55)
Net profit41.0232.8824.4723.132.139.522.455.55
EPS (β‚Ή)8.166.544.874.600.421.890.491.10
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue3,1902,8432,6482,7152,4381,3541,783
Revenue growth+12.2%+7.4%-2.5%+11.4%+80.1%-24.1%-
EBITDA305218196276295123161
EBITDA margin+9.6%+7.7%+7.4%+10.2%+12.1%+9.1%+9.1%
Profit before tax11738.8052.921611843.4320.17
Net profit90.4130.2040.431491496.9413.18
Net profit margin+2.8%+1.1%+1.5%+5.5%+6.1%+0.5%+0.7%
EPS (β‚Ή)17.055.477.5829.8632.461.243.37
Balance sheet
Total assets2,3202,0932,0101,7081,3271,1491,181
Net worth1,0761,003986887716560533
Total debt1,2221,0671,005810610590648
Cash & bank65.4849.8628.2427.9321.2610.0613.63
Net working capital577534717676608586585
Cash flow
Cash from operations249433179193248132183
Cash from investing(270)(369)(368)(332)(197)(42.93)(38.67)
Cash from financing36.63(42.79)189146(40.61)(93.00)(132)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue846866762776786725746675
Revenue growth (YoY)+7.6%+19.5%+2.1%+14.9%+12.8%---
Other income8.00(2.56)1.22(0.50)13.7313.06(2.22)2.49
Total expenses747769683702731673689626
EBITDA98.1497.6078.9773.5254.6251.7957.1749.22
EBITDA margin+11.6%+11.3%+10.4%+9.5%+7.0%+7.1%+7.7%+7.3%
Depreciation24.2523.1523.129.6933.9127.9326.8825.87
Interest28.7726.0326.3728.4629.3024.4621.5823.71
Profit before tax53.1245.8630.7034.875.1412.466.492.13
Tax13.7712.316.6011.090.873.095.96(2.69)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 28 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue860884775786790734754676
Revenue growth (YoY)+8.9%+20.4%+2.7%+16.4%+14.0%---
Other income6.93(3.61)0.33(1.40)12.7412.08(3.19)1.43
EBITDA10410082.7275.2855.9756.0462.3353.97
EBITDA margin+12.1%+11.3%+10.7%+9.6%+7.1%+7.6%+8.3%+8.0%
Depreciation25.6624.5024.5210.4635.8829.8528.8727.77
Interest29.8326.9227.3929.3430.3025.4721.4524.63
Profit before tax55.1545.0931.1434.082.5312.808.823.00
Tax14.1312.216.6710.950.403.286.37(2.55)
Net profit41.0232.8824.4723.132.139.522.455.55
EPS (β‚Ή)8.166.544.874.600.421.890.491.10
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue3,2352,8572,6282,7122,4381,3591,790
Revenue growth+13.2%+8.7%-3.1%+11.3%+79.4%-24.1%-
Other income8.0615.3712.7917.147.149.818.47
Total expenses2,9202,6192,4192,4362,1431,2371,629
Employee cost293266258231201150192
EBITDA314238209276295122162
EBITDA margin+9.7%+8.3%+8.0%+10.2%+12.1%+9.0%+9.0%
Depreciation95.3611496.8179.3970.3480.5881.05
Interest11494.6871.4353.9147.8049.3968.81
Profit before tax11344.2053.391601841.9820.14
Tax30.2312.4012.5729.1243.44(2.23)6.86
Net profit87.2634.5543.301451497.9313.16
Net profit margin+2.7%+1.2%+1.7%+5.3%+6.1%+0.6%+0.7%
EPS (β‚Ή)16.446.338.1228.9832.230.973.37
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital50.2550.2550.2545.0543.4243.4239.42
Reserves & surplus1,026957934815647509488
Shareholders' funds (net worth)1,0761,007984883716552527
Minority interest0.000.000.000.000.000.000.00
Secured loans1,1831,0731,010824607590640
Unsecured loans94.8464.5455.862.603.620.007.45
Total debt1,2781,1381,066826610590648
Total liabilities2,3752,1662,0691,7201,3261,1421,175
Assets
Gross block2,1131,8881,5221,179997981927
Net block1,5091,2781,007725602590616
Capital work in progress83.5317922122374.078.819.58
Investments15479.5811.027.610.790.045.85
Inventories587576669513528376373
Sundry debtors637518448353376280292
Cash & bank balances65.8051.9528.2727.9722.3010.1013.65
Loans & advances177161200166140127115
Total current assets1,4671,3071,3471,0601,067794793
Total current liabilities878745623406460218217
Net working capital589561723653607576576
Total assets2,3752,1662,0691,7201,3261,1421,175
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash51.9528.2727.9722.3010.1013.650.68
Net cash from operating activities269432160216245133183
Net cash from investing activities(272)(372)(390)(354)(192)(42.93)(38.67)
Net cash from financing activities17.23(35.99)230143(40.61)(93.17)(132)
Net change in cash13.8523.680.305.6712.20(3.55)12.97
Closing cash65.8051.9528.2727.9722.3010.1013.65
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+13.2%+8.7%-3.1%+11.3%+79.4%-24.1%-
EBITDA growth+32.0%+14.0%-24.3%-6.5%+141.6%-24.4%-
PBT growth+155.3%-17.2%-66.6%-13.3%+9197.5%-90.2%-4.5%
Net income growth+152.6%-20.2%-70.0%-2.7%+1773.1%-39.7%-
Revenue CAGR (3Y)+6.1%+5.4%+24.6%+14.9%+9.2%-6.0%+4.0%
EBITDA CAGR (3Y)+4.4%-6.9%+19.6%+19.5%+22.8%-0.7%-2.4%
Profitability & leverage
Net income margin+2.6%+1.1%+1.6%+4.8%+5.8%+0.3%+0.7%
Return on capital employed+10.0%+6.6%+6.6%+15.2%+18.8%+4.3%+7.4%
Return on net worth+7.9%+3.2%+4.4%+18.1%+22.2%+1.5%+2.5%
Debt / equity1.161.111.010.900.951.151.29
Long-term debt / equity0.690.670.510.330.310.410.50
Interest cover52.1076.6663.7627.4421.27118.8485.50
Efficiency & per share
Fixed asset turnover1.621.681.952.492.461.421.98
Inventory turnover5.564.594.445.215.393.634.88
Debtors turnover5.605.926.567.447.434.765.58
EPS (β‚Ή)16.446.338.1228.9832.230.973.37
Dividend per share (β‚Ή)2.002.002.002.002.001.001.00
Book value per share (β‚Ή)214.18200.35195.88190.84158.98127.21133.72
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue846866762776786725746675
Revenue growth (YoY)+7.6%+19.5%+2.1%+14.9%+12.8%---
Other income8.00(2.56)1.22(0.50)13.7313.06(2.22)2.49
Total expenses747769683702731673689626
EBITDA98.1497.6078.9773.5254.6251.7957.1749.22
EBITDA margin+11.6%+11.3%+10.4%+9.5%+7.0%+7.1%+7.7%+7.3%
Depreciation24.2523.1523.129.6933.9127.9326.8825.87
Interest28.7726.0326.3728.4629.3024.4621.5823.71
Profit before tax53.1245.8630.7034.875.1412.466.492.13
Tax13.7712.316.6011.090.873.095.96(2.69)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue3,1902,8432,6482,7152,4381,3541,783
Revenue growth+12.2%+7.4%-2.5%+11.4%+80.1%-24.1%-
Other income11.8919.2615.6717.477.169.828.48
Total expenses2,8852,6252,4522,4402,1421,2301,622
Employee cost278252247231201148190
EBITDA305218196276295123161
EBITDA margin+9.6%+7.7%+7.4%+10.2%+12.1%+9.1%+9.1%
Depreciation89.8710790.9178.1770.3480.5281.00
Interest11092.1067.8553.6147.8049.2368.65
Profit before tax11738.8052.921611843.4320.17
Tax30.8711.3314.8326.9543.44(1.95)6.87
Net profit90.4130.2040.431491496.9413.18
Net profit margin+2.8%+1.1%+1.5%+5.5%+6.1%+0.5%+0.7%
EPS (β‚Ή)17.055.477.5829.8632.461.243.37
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital50.2550.2550.2545.0543.4243.4239.42
Reserves & surplus1,026953935819647516494
Shareholders' funds (net worth)1,0761,003986887716560533
Secured loans1,1361,005952808607590640
Unsecured loans86.5261.5452.592.193.620.007.45
Total debt1,2221,0671,005810610590648
Total liabilities2,3202,0932,0101,7081,3271,1491,181
Assets
Gross block2,0101,7891,4271,108997981927
Net block1,4261,194919655602590616
Capital work in progress83.5317721721771.128.819.58
Investments19311950.2456.948.490.095.90
Inventories564559651510528372368
Sundry debtors652500455352376294304
Cash & bank balances65.4849.8628.2427.9321.2610.0613.63
Loans & advances166153192159140126114
Total current assets1,4491,2611,3271,0481,066802800
Total current liabilities871727609372458216215
Net working capital577534717676608586585
Total assets2,3202,0932,0101,7081,3271,1491,181
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash49.8628.2427.9321.2610.0613.630.67
Net cash from operating activities249433179193248132183
Net cash from investing activities(270)(369)(368)(332)(197)(42.93)(38.67)
Net cash from financing activities36.63(42.79)189146(40.61)(93.00)(132)
Net change in cash15.6121.620.316.6711.20(3.57)12.96
Closing cash65.4849.8628.2427.9321.2610.0613.63
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+12.2%+7.4%-2.5%+11.4%+80.1%-24.1%-
EBITDA growth+39.5%+11.4%-28.9%-6.6%+139.4%-23.5%-
PBT growth+200.4%-26.7%-67.2%-12.4%+5275.2%-83.0%-17.5%
Net income growth+199.4%-25.3%-72.8%-0.2%+2044.4%-47.3%-
Revenue CAGR (3Y)+5.5%+5.3%+25.1%+15.1%+9.2%-6.2%+3.8%
EBITDA CAGR (3Y)+3.4%-9.6%+16.7%+19.6%+22.1%-1.0%-2.8%
Profitability & leverage
Net income margin+2.7%+1.0%+1.4%+5.0%+5.8%+0.4%+0.8%
Return on capital employed+10.3%+6.4%+6.5%+15.4%+18.8%+4.4%+7.4%
Return on net worth+8.2%+2.8%+4.1%+18.5%+22.1%+1.3%+2.5%
Debt / equity1.101.040.970.890.941.131.28
Long-term debt / equity0.650.620.470.320.300.410.50
Interest cover51.2882.5064.5627.1321.24114.9285.45
Efficiency & per share
Fixed asset turnover1.681.772.092.582.471.421.98
Inventory turnover5.684.704.565.235.423.664.94
Debtors turnover5.545.966.567.457.274.525.33
EPS (β‚Ή)17.055.477.5829.8632.461.243.37
Dividend per share (β‚Ή)2.002.002.002.002.001.001.00
Book value per share (β‚Ή)214.16199.68196.15191.79159.04128.89135.27

Timeline of Sangam

3 dated milestones of Sangam across 30 years, from founding to its latest funding, stage changes and deals.

  1. Founded Sangam is founded.
  2. Funding First funding round.
  3. IPO Lists on the stock exchange (IPO).

Web traffic of Sangam

The website of Sangam (sangamgroup.com) receives about 9.1K visits a month.

  • Monthly visits
    9.1K

    ▲ 258.5% vs previous month

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Top companies in Textile & Yarn Production

3 companies that operate in the same segment as Sangam (Textile & Yarn Production) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Bicycle manufacturing, sales, and accessory services in India.
1956Gurugram, Haryana, IndiaUSD 246.88 M2,472
Fabrics, synthetic yarns, viscose, chemicals, and linen products are manufactured.
1947Ujjain, Madhya Pradesh, IndiaUSD 18.65 B47,020
Home textile products are manufactured, retailed, and distributed globally.
1985Bengaluru, Karnataka, IndiaUSD 253.24 M8,060
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Frequently Asked Questions about Sangam

Sangam was founded in 1984 and raised its 1st funding round 21 years after it was founded.

Sangam is headquartered in Bhilwara, India. It is registered at Bhilwara, Rajasthan, India.

Sangam has 11,020 employees.

The primary company behind Sangam, Sangam (India) Limited, reported revenue of β‚Ή3,243 Cr for FY 2026, up 13% year on year.

Sangam was founded in 1984 in Bhilwara, India, by Ram Pal Soni. Operations focus on the real estate sector, where commercial property development services are provided. Projects are managed across various stages, including planning, construction, and management. The company serves clients in the Indian market, with activities centered in regional urban areas. Expertise is applied to deliver functional commercial spaces.

Sangam offers Yarn and Denim Fabric.

Yes, Sangam is publicly traded on NSE under the ticker symbol SANGAMIND.

Sangam has 1 investor. Key investors include ICICI Venture.

Sangam operates through Sangam (India) Limited.

The legal entities of Sangam currently have 9 directors, including Shri Niwas Modani, Ram Pal Soni, Anurag Soni and others.

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