India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,608 Ram Pal Soni & family ₹1,200 Cr
Market Cap
₹2,943 Cr
SANGAMIND · NSE
Share Price
₹600.70
+2.56% 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)
23.1x
P/B 2.7x
ROE
7.9%
ROCE 10.0%
Debt / Equity
1.16
Interest cover 52.1x
About Sangam (India) Limited
Data last updated:
Sangam (India) Limited is a public limited company based in Bhilwara, Rajasthan, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 29 December 1984 and has been in existence for over 42 years.
Its director Ram Pal Soni and family are #1,608 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN L17118RJ1984PLC003173. Its GSTIN is 08AACCS0486K1Z3 (Rajasthan). The company holds 5 GST registrations, of which 3 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 514234 and NSE: SANGAMIND.
The company has an authorised share capital of ₹82.5 Cr and a paid-up capital of ₹50.25 Cr. It was formerly known as Arun Synthetics Private Limited. It is led by directors including Anurag Soni (Managing Director) and Shri Niwas Modani (Whole-Time Director).
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Atun Chittorgarh Road, Bhilwara, Rajasthan, India – 311001.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹3,234.53 Cr, a growth of 13.2% compared to the previous year. For the same year it recorded a net profit of ₹87.26 Cr (net margin 2.7%) and EBITDA of ₹314.09 Cr (EBITDA margin 9.7%). The net worth stands at ₹1,076.27 Cr (up 6.9% YoY). Total assets are valued at ₹2,375.06 Cr (up 9.6% YoY).
The company has about 11,339 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: C9 Airwear and Sangam. As per MCA filings, the company has open charges of ₹2,146.53 Cr and satisfied charges of ₹3,438.73 Cr on record. Court records list 398 cases involving the company, including 283 filed by the company and 115 filed against it; 106 cases are pending. The company has 49 deals on record (47 market trades, 1 convertible or debt financing, 1 funding round), with disclosed funding of ₹42.61 Cr; the latest was in January 2024. Its 6 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 2 larger and 4 smaller; the largest is Nahar Spinning Mills Ltd with revenue of ₹3,318.91 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sangamgroup.com.
Company details
CIN L17118RJ1984PLC003173
Registration Number 003173
Incorporation Date 29 December 1984
ROC Jaipur
Listing Status Listed - Listed on NSE (SANGAMIND); Listed on BSE (514234)
Company Status Active
Date of Last AGM 19 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
Key People
Anurag Soni Managing Director Shri Niwas Modani Whole-Time Director Ram Pal Soni Whole-Time Director Recognitions & Rankings of Sangam (India)
Contact details
Sangam (India) Limited's registered office is in Bhilwara, Rajasthan. Its website is sangamgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressAtun Chittorgarh Road, Bhilwara, Rajasthan, India – 311001
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Sangam (India) Limited, buy the company report.
Comprehensive company report
Sangam (India) Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Secure checkout · GST invoice included
Brands
Sangam (India) operates two associated brands: C9 Airwear and Sangam. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Sells seamless innerwear, activewear, and thermals for men, women, and teens via e-commerce. | c9airwear.com | |
| Commercial property development services are offered by Sangam. | sangamgroup.com |
Business activity
The main business activity of Sangam (India) is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Sangam (India) Limited, buy the company report.
Financials of Sangam (India) Limited
FY 2025-26 filings availableSangam (India) Limited reported revenue of ₹3,234.53 Cr (up 13.2% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 3,235 | 2,857 | 2,628 | 2,712 | 2,438 | 1,359 | 1,790 |
| Revenue growth | +13.2% | +8.7% | -3.1% | +11.3% | +79.4% | -24.1% | - |
| EBITDA | 314 | 238 | 209 | 276 | 295 | 122 | 162 |
| EBITDA margin | +9.7% | +8.3% | +8.0% | +10.2% | +12.1% | +9.0% | +9.0% |
| Profit before tax | 113 | 44.20 | 53.39 | 160 | 184 | 1.98 | 20.14 |
| Net profit | 87.26 | 34.55 | 43.30 | 145 | 149 | 7.93 | 13.16 |
| Net profit margin | +2.7% | +1.2% | +1.7% | +5.3% | +6.1% | +0.6% | +0.7% |
| EPS (₹) | 16.44 | 6.33 | 8.12 | 28.98 | 32.23 | 0.97 | 3.37 |
| Balance sheet | |||||||
| Total assets | 2,375 | 2,166 | 2,069 | 1,720 | 1,326 | 1,142 | 1,175 |
| Net worth | 1,076 | 1,007 | 984 | 883 | 716 | 552 | 527 |
| Total debt | 1,278 | 1,138 | 1,066 | 826 | 610 | 590 | 648 |
| Cash & bank | 65.80 | 51.95 | 28.27 | 27.97 | 22.30 | 10.10 | 13.65 |
| Net working capital | 589 | 561 | 723 | 653 | 607 | 576 | 576 |
| Cash flow | |||||||
| Cash from operations | 269 | 432 | 160 | 216 | 245 | 133 | 183 |
| Cash from investing | (272) | (372) | (390) | (354) | (192) | (42.93) | (38.67) |
| Cash from financing | 17.23 | (35.99) | 230 | 143 | (40.61) | (93.17) | (132) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 860 | 884 | 775 | 786 | 790 | 734 | 754 | 676 |
| Revenue growth (YoY) | +8.9% | +20.4% | +2.7% | +16.4% | +14.0% | - | - | - |
| Other income | 6.93 | (3.61) | 0.33 | (1.40) | 12.74 | 12.08 | (3.19) | 1.43 |
| EBITDA | 104 | 100 | 82.72 | 75.28 | 55.97 | 56.04 | 62.33 | 53.97 |
| EBITDA margin | +12.1% | +11.3% | +10.7% | +9.6% | +7.1% | +7.6% | +8.3% | +8.0% |
| Depreciation | 25.66 | 24.50 | 24.52 | 10.46 | 35.88 | 29.85 | 28.87 | 27.77 |
| Interest | 29.83 | 26.92 | 27.39 | 29.34 | 30.30 | 25.47 | 21.45 | 24.63 |
| Profit before tax | 55.15 | 45.09 | 31.14 | 34.08 | 2.53 | 12.80 | 8.82 | 3.00 |
| Tax | 14.13 | 12.21 | 6.67 | 10.95 | 0.40 | 3.28 | 6.37 | (2.55) |
| Net profit | 41.02 | 32.88 | 24.47 | 23.13 | 2.13 | 9.52 | 2.45 | 5.55 |
| EPS (₹) | 8.16 | 6.54 | 4.87 | 4.60 | 0.42 | 1.89 | 0.49 | 1.10 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 3,190 | 2,843 | 2,648 | 2,715 | 2,438 | 1,354 | 1,783 |
| Revenue growth | +12.2% | +7.4% | -2.5% | +11.4% | +80.1% | -24.1% | - |
| EBITDA | 305 | 218 | 196 | 276 | 295 | 123 | 161 |
| EBITDA margin | +9.6% | +7.7% | +7.4% | +10.2% | +12.1% | +9.1% | +9.1% |
| Profit before tax | 117 | 38.80 | 52.92 | 161 | 184 | 3.43 | 20.17 |
| Net profit | 90.41 | 30.20 | 40.43 | 149 | 149 | 6.94 | 13.18 |
| Net profit margin | +2.8% | +1.1% | +1.5% | +5.5% | +6.1% | +0.5% | +0.7% |
| EPS (₹) | 17.05 | 5.47 | 7.58 | 29.86 | 32.46 | 1.24 | 3.37 |
| Balance sheet | |||||||
| Total assets | 2,320 | 2,093 | 2,010 | 1,708 | 1,327 | 1,149 | 1,181 |
| Net worth | 1,076 | 1,003 | 986 | 887 | 716 | 560 | 533 |
| Total debt | 1,222 | 1,067 | 1,005 | 810 | 610 | 590 | 648 |
| Cash & bank | 65.48 | 49.86 | 28.24 | 27.93 | 21.26 | 10.06 | 13.63 |
| Net working capital | 577 | 534 | 717 | 676 | 608 | 586 | 585 |
| Cash flow | |||||||
| Cash from operations | 249 | 433 | 179 | 193 | 248 | 132 | 183 |
| Cash from investing | (270) | (369) | (368) | (332) | (197) | (42.93) | (38.67) |
| Cash from financing | 36.63 | (42.79) | 189 | 146 | (40.61) | (93.00) | (132) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 846 | 866 | 762 | 776 | 786 | 725 | 746 | 675 |
| Revenue growth (YoY) | +7.6% | +19.5% | +2.1% | +14.9% | +12.8% | - | - | - |
| Other income | 8.00 | (2.56) | 1.22 | (0.50) | 13.73 | 13.06 | (2.22) | 2.49 |
| Total expenses | 747 | 769 | 683 | 702 | 731 | 673 | 689 | 626 |
| EBITDA | 98.14 | 97.60 | 78.97 | 73.52 | 54.62 | 51.79 | 57.17 | 49.22 |
| EBITDA margin | +11.6% | +11.3% | +10.4% | +9.5% | +7.0% | +7.1% | +7.7% | +7.3% |
| Depreciation | 24.25 | 23.15 | 23.12 | 9.69 | 33.91 | 27.93 | 26.88 | 25.87 |
| Interest | 28.77 | 26.03 | 26.37 | 28.46 | 29.30 | 24.46 | 21.58 | 23.71 |
| Profit before tax | 53.12 | 45.86 | 30.70 | 34.87 | 5.14 | 12.46 | 6.49 | 2.13 |
| Tax | 13.77 | 12.31 | 6.60 | 11.09 | 0.87 | 3.09 | 5.96 | (2.69) |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 28 Oct 2026
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 860 | 884 | 775 | 786 | 790 | 734 | 754 | 676 |
| Revenue growth (YoY) | +8.9% | +20.4% | +2.7% | +16.4% | +14.0% | - | - | - |
| Other income | 6.93 | (3.61) | 0.33 | (1.40) | 12.74 | 12.08 | (3.19) | 1.43 |
| EBITDA | 104 | 100 | 82.72 | 75.28 | 55.97 | 56.04 | 62.33 | 53.97 |
| EBITDA margin | +12.1% | +11.3% | +10.7% | +9.6% | +7.1% | +7.6% | +8.3% | +8.0% |
| Depreciation | 25.66 | 24.50 | 24.52 | 10.46 | 35.88 | 29.85 | 28.87 | 27.77 |
| Interest | 29.83 | 26.92 | 27.39 | 29.34 | 30.30 | 25.47 | 21.45 | 24.63 |
| Profit before tax | 55.15 | 45.09 | 31.14 | 34.08 | 2.53 | 12.80 | 8.82 | 3.00 |
| Tax | 14.13 | 12.21 | 6.67 | 10.95 | 0.40 | 3.28 | 6.37 | (2.55) |
| Net profit | 41.02 | 32.88 | 24.47 | 23.13 | 2.13 | 9.52 | 2.45 | 5.55 |
| EPS (₹) | 8.16 | 6.54 | 4.87 | 4.60 | 0.42 | 1.89 | 0.49 | 1.10 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 3,235 | 2,857 | 2,628 | 2,712 | 2,438 | 1,359 | 1,790 |
| Revenue growth | +13.2% | +8.7% | -3.1% | +11.3% | +79.4% | -24.1% | - |
| Other income | 8.06 | 15.37 | 12.79 | 17.14 | 7.14 | 9.81 | 8.47 |
| Total expenses | 2,920 | 2,619 | 2,419 | 2,436 | 2,143 | 1,237 | 1,629 |
| Employee cost | 293 | 266 | 258 | 231 | 201 | 150 | 192 |
| EBITDA | 314 | 238 | 209 | 276 | 295 | 122 | 162 |
| EBITDA margin | +9.7% | +8.3% | +8.0% | +10.2% | +12.1% | +9.0% | +9.0% |
| Depreciation | 95.36 | 114 | 96.81 | 79.39 | 70.34 | 80.58 | 81.05 |
| Interest | 114 | 94.68 | 71.43 | 53.91 | 47.80 | 49.39 | 68.81 |
| Profit before tax | 113 | 44.20 | 53.39 | 160 | 184 | 1.98 | 20.14 |
| Tax | 30.23 | 12.40 | 12.57 | 29.12 | 43.44 | (2.23) | 6.86 |
| Net profit | 87.26 | 34.55 | 43.30 | 145 | 149 | 7.93 | 13.16 |
| Net profit margin | +2.7% | +1.2% | +1.7% | +5.3% | +6.1% | +0.6% | +0.7% |
| EPS (₹) | 16.44 | 6.33 | 8.12 | 28.98 | 32.23 | 0.97 | 3.37 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 50.25 | 50.25 | 50.25 | 45.05 | 43.42 | 43.42 | 39.42 |
| Reserves & surplus | 1,026 | 957 | 934 | 815 | 647 | 509 | 488 |
| Shareholders' funds (net worth) | 1,076 | 1,007 | 984 | 883 | 716 | 552 | 527 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 1,183 | 1,073 | 1,010 | 824 | 607 | 590 | 640 |
| Unsecured loans | 94.84 | 64.54 | 55.86 | 2.60 | 3.62 | 0.00 | 7.45 |
| Total debt | 1,278 | 1,138 | 1,066 | 826 | 610 | 590 | 648 |
| Total liabilities | 2,375 | 2,166 | 2,069 | 1,720 | 1,326 | 1,142 | 1,175 |
| Assets | |||||||
| Gross block | 2,113 | 1,888 | 1,522 | 1,179 | 997 | 981 | 927 |
| Net block | 1,509 | 1,278 | 1,007 | 725 | 602 | 590 | 616 |
| Capital work in progress | 83.53 | 179 | 221 | 223 | 74.07 | 8.81 | 9.58 |
| Investments | 154 | 79.58 | 11.02 | 7.61 | 0.79 | 0.04 | 5.85 |
| Inventories | 587 | 576 | 669 | 513 | 528 | 376 | 373 |
| Sundry debtors | 637 | 518 | 448 | 353 | 376 | 280 | 292 |
| Cash & bank balances | 65.80 | 51.95 | 28.27 | 27.97 | 22.30 | 10.10 | 13.65 |
| Loans & advances | 177 | 161 | 200 | 166 | 140 | 127 | 115 |
| Total current assets | 1,467 | 1,307 | 1,347 | 1,060 | 1,067 | 794 | 793 |
| Total current liabilities | 878 | 745 | 623 | 406 | 460 | 218 | 217 |
| Net working capital | 589 | 561 | 723 | 653 | 607 | 576 | 576 |
| Total assets | 2,375 | 2,166 | 2,069 | 1,720 | 1,326 | 1,142 | 1,175 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 51.95 | 28.27 | 27.97 | 22.30 | 10.10 | 13.65 | 0.68 |
| Net cash from operating activities | 269 | 432 | 160 | 216 | 245 | 133 | 183 |
| Net cash from investing activities | (272) | (372) | (390) | (354) | (192) | (42.93) | (38.67) |
| Net cash from financing activities | 17.23 | (35.99) | 230 | 143 | (40.61) | (93.17) | (132) |
| Net change in cash | 13.85 | 23.68 | 0.30 | 5.67 | 12.20 | (3.55) | 12.97 |
| Closing cash | 65.80 | 51.95 | 28.27 | 27.97 | 22.30 | 10.10 | 13.65 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 / equity | 1.16 | 1.11 | 1.01 | 0.90 | 0.95 | 1.15 | 1.29 |
| Long-term debt / equity | 0.69 | 0.67 | 0.51 | 0.33 | 0.31 | 0.41 | 0.50 |
| Interest cover | 52.10 | 76.66 | 63.76 | 27.44 | 21.27 | 118.84 | 85.50 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.62 | 1.68 | 1.95 | 2.49 | 2.46 | 1.42 | 1.98 |
| Inventory turnover | 5.56 | 4.59 | 4.44 | 5.21 | 5.39 | 3.63 | 4.88 |
| Debtors turnover | 5.60 | 5.92 | 6.56 | 7.44 | 7.43 | 4.76 | 5.58 |
| EPS (₹) | 16.44 | 6.33 | 8.12 | 28.98 | 32.23 | 0.97 | 3.37 |
| Dividend per share (₹) | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 1.00 | 1.00 |
| Book value per share (₹) | 214.18 | 200.35 | 195.88 | 190.84 | 158.98 | 127.21 | 133.72 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 846 | 866 | 762 | 776 | 786 | 725 | 746 | 675 |
| Revenue growth (YoY) | +7.6% | +19.5% | +2.1% | +14.9% | +12.8% | - | - | - |
| Other income | 8.00 | (2.56) | 1.22 | (0.50) | 13.73 | 13.06 | (2.22) | 2.49 |
| Total expenses | 747 | 769 | 683 | 702 | 731 | 673 | 689 | 626 |
| EBITDA | 98.14 | 97.60 | 78.97 | 73.52 | 54.62 | 51.79 | 57.17 | 49.22 |
| EBITDA margin | +11.6% | +11.3% | +10.4% | +9.5% | +7.0% | +7.1% | +7.7% | +7.3% |
| Depreciation | 24.25 | 23.15 | 23.12 | 9.69 | 33.91 | 27.93 | 26.88 | 25.87 |
| Interest | 28.77 | 26.03 | 26.37 | 28.46 | 29.30 | 24.46 | 21.58 | 23.71 |
| Profit before tax | 53.12 | 45.86 | 30.70 | 34.87 | 5.14 | 12.46 | 6.49 | 2.13 |
| Tax | 13.77 | 12.31 | 6.60 | 11.09 | 0.87 | 3.09 | 5.96 | (2.69) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 3,190 | 2,843 | 2,648 | 2,715 | 2,438 | 1,354 | 1,783 |
| Revenue growth | +12.2% | +7.4% | -2.5% | +11.4% | +80.1% | -24.1% | - |
| Other income | 11.89 | 19.26 | 15.67 | 17.47 | 7.16 | 9.82 | 8.48 |
| Total expenses | 2,885 | 2,625 | 2,452 | 2,440 | 2,142 | 1,230 | 1,622 |
| Employee cost | 278 | 252 | 247 | 231 | 201 | 148 | 190 |
| EBITDA | 305 | 218 | 196 | 276 | 295 | 123 | 161 |
| EBITDA margin | +9.6% | +7.7% | +7.4% | +10.2% | +12.1% | +9.1% | +9.1% |
| Depreciation | 89.87 | 107 | 90.91 | 78.17 | 70.34 | 80.52 | 81.00 |
| Interest | 110 | 92.10 | 67.85 | 53.61 | 47.80 | 49.23 | 68.65 |
| Profit before tax | 117 | 38.80 | 52.92 | 161 | 184 | 3.43 | 20.17 |
| Tax | 30.87 | 11.33 | 14.83 | 26.95 | 43.44 | (1.95) | 6.87 |
| Net profit | 90.41 | 30.20 | 40.43 | 149 | 149 | 6.94 | 13.18 |
| Net profit margin | +2.8% | +1.1% | +1.5% | +5.5% | +6.1% | +0.5% | +0.7% |
| EPS (₹) | 17.05 | 5.47 | 7.58 | 29.86 | 32.46 | 1.24 | 3.37 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 50.25 | 50.25 | 50.25 | 45.05 | 43.42 | 43.42 | 39.42 |
| Reserves & surplus | 1,026 | 953 | 935 | 819 | 647 | 516 | 494 |
| Shareholders' funds (net worth) | 1,076 | 1,003 | 986 | 887 | 716 | 560 | 533 |
| Secured loans | 1,136 | 1,005 | 952 | 808 | 607 | 590 | 640 |
| Unsecured loans | 86.52 | 61.54 | 52.59 | 2.19 | 3.62 | 0.00 | 7.45 |
| Total debt | 1,222 | 1,067 | 1,005 | 810 | 610 | 590 | 648 |
| Total liabilities | 2,320 | 2,093 | 2,010 | 1,708 | 1,327 | 1,149 | 1,181 |
| Assets | |||||||
| Gross block | 2,010 | 1,789 | 1,427 | 1,108 | 997 | 981 | 927 |
| Net block | 1,426 | 1,194 | 919 | 655 | 602 | 590 | 616 |
| Capital work in progress | 83.53 | 177 | 217 | 217 | 71.12 | 8.81 | 9.58 |
| Investments | 193 | 119 | 50.24 | 56.94 | 8.49 | 0.09 | 5.90 |
| Inventories | 564 | 559 | 651 | 510 | 528 | 372 | 368 |
| Sundry debtors | 652 | 500 | 455 | 352 | 376 | 294 | 304 |
| Cash & bank balances | 65.48 | 49.86 | 28.24 | 27.93 | 21.26 | 10.06 | 13.63 |
| Loans & advances | 166 | 153 | 192 | 159 | 140 | 126 | 114 |
| Total current assets | 1,449 | 1,261 | 1,327 | 1,048 | 1,066 | 802 | 800 |
| Total current liabilities | 871 | 727 | 609 | 372 | 458 | 216 | 215 |
| Net working capital | 577 | 534 | 717 | 676 | 608 | 586 | 585 |
| Total assets | 2,320 | 2,093 | 2,010 | 1,708 | 1,327 | 1,149 | 1,181 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 49.86 | 28.24 | 27.93 | 21.26 | 10.06 | 13.63 | 0.67 |
| Net cash from operating activities | 249 | 433 | 179 | 193 | 248 | 132 | 183 |
| Net cash from investing activities | (270) | (369) | (368) | (332) | (197) | (42.93) | (38.67) |
| Net cash from financing activities | 36.63 | (42.79) | 189 | 146 | (40.61) | (93.00) | (132) |
| Net change in cash | 15.61 | 21.62 | 0.31 | 6.67 | 11.20 | (3.57) | 12.96 |
| Closing cash | 65.48 | 49.86 | 28.24 | 27.93 | 21.26 | 10.06 | 13.63 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 / equity | 1.10 | 1.04 | 0.97 | 0.89 | 0.94 | 1.13 | 1.28 |
| Long-term debt / equity | 0.65 | 0.62 | 0.47 | 0.32 | 0.30 | 0.41 | 0.50 |
| Interest cover | 51.28 | 82.50 | 64.56 | 27.13 | 21.24 | 114.92 | 85.45 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.68 | 1.77 | 2.09 | 2.58 | 2.47 | 1.42 | 1.98 |
| Inventory turnover | 5.68 | 4.70 | 4.56 | 5.23 | 5.42 | 3.66 | 4.94 |
| Debtors turnover | 5.54 | 5.96 | 6.56 | 7.45 | 7.27 | 4.52 | 5.33 |
| EPS (₹) | 17.05 | 5.47 | 7.58 | 29.86 | 32.46 | 1.24 | 3.37 |
| Dividend per share (₹) | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 1.00 | 1.00 |
| Book value per share (₹) | 214.16 | 199.68 | 196.15 | 191.79 | 159.04 | 128.89 | 135.27 |
To see the full year-wise statements and ratios of Sangam (India) Limited, buy the company report.
Board of directors of Sangam (India) Limited
Sangam (India) has 7 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shri Niwas Modani Also directs: Confederation of Indian Textile Industry | Whole-Time Director | 20 Jun 1989 | 37 Years 4 Months | Current |
| Ram Pal Soni Also directs: PKSS Infrastructure Private Limited, Kalyan Sangam Infratech Limited, Sapatrishi Commercial Company Limited and 5 more | Whole-Time Director | 31 Dec 1984 | 41 Years 9 Months | Current |
| Anurag Soni | Managing Director | 10 Aug 2023 | 3 Years 2 Months | Current |
| Vinod Kumar Sodani Also directs: Sangam Finserv Limited, Sangam Ventures Limited | Whole-Time Director | 29 Sep 2007 | 19 Years 1 Months | Current |
| Upendra Prasad Singh Also directs: Sarda Energy & Minerals Limited, Jindal Ferrous Limited, Resurgent India Ltd and 4 more | Director | 12 Aug 2024 | 2 Years 2 Months | Current |
| Dinesh Chander Patwari | Director | 12 Aug 2024 | 2 Years 2 Months | Current |
Showing 6 of 7 current directors. View all directors
Peer comparison
Sangam (India) Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nahar Spinning Mills Ltd | ₹3,318.91 Cr (FY 2025) | 8.0% | Ludhiana, Punjab, India | |||
| Nitin Spinners Limited | ₹3,309.25 Cr (FY 2025) | 14.0% | Bhilwara, Rajasthan, India | |||
| Sangam (India) Limitedthis company | ₹3,234.53 Cr (FY 2026) | ₹87.26 Cr | 2.7% | 13.2% | 11,339 | Bhilwara, Rajasthan, India |
| Mafatlal Industries Limited | ₹2,845.53 Cr (FY 2025) | 33.0% | Ahmedabad, Gujarat, India | |||
| Himatsingka Seide Limited | ₹2,843.27 Cr (FY 2025) | -1.0% | Bangalore, Karnataka, India | |||
| Jay Jay Mills India Private Limited | ₹2,700.62 Cr (FY 2025) | 10.0% | Tamil Nadu, India | |||
| Sutlej Textiles and Industries Limited | ₹2,698.53 Cr (FY 2025) | -1.0% | Jhalawar, Rajasthan, India |
To see the full peer comparison of Sangam (India) Limited, buy the company report.
Auditor
Sangam (India) Limited is audited by R KABRA & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R KABRA & CO LLP | FY 2023 | 104502W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 70.50%, foreign institutional investors hold 2.50%, domestic institutional investors hold 0.10% and retail and other public shareholders hold 26.90%.
Sep 2026
QUARTER
70.50% Promoters
0.10% DII (Domestic Institutional)
2.50% FII (Foreign Institutional)
26.90% Retail & Others
Promoter holding - history
Now 70.50% · Sep 2026High 70.50% · Jun 2026Low 70.20% · Dec 2025
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 70.50% | 70.50% | 70.40% | 70.20% |
| Public | 29.50% | 29.50% | 29.60% | 29.80% |
Charges & borrowings
Open charges
₹2,146.53 Cr
Satisfied charges
₹3,438.73 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jun 2026 | 101317141 | Idbi Bank Limited | ₹7.4 Cr | Open | |
| 15 Jun 2026 | 101310433 | Canara Bank | ₹14 Cr | Open | |
| 09 Jun 2026 | 101313868 | Others | ₹9.72 Cr | Open | |
| 30 May 2026 | 101310732 | Others | ₹62.22 Cr | Open | |
| 30 Mar 2026 | 101274376 | Uco Bank | ₹1.34 Cr | Open |
To see the full charge records of Sangam (India) Limited, buy the company report.
Total charge records: 218 View all charges
Deals & funding
Sangam (India) Limited has 49 deals on record (47 market trades, 1 convertible or debt financing, 1 funding round), with disclosed funding of ₹42.61 Cr; the latest was in January 2024.
Total deals
49
Market trades
47
Convertible or debt financing
1
Funding round
1
Disclosed funding
₹42.61 Cr
Deals on record (5 of 49)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2024 | Market trade | ₹27 Cr | Buyer: Think India Opportunities Master Fund Lp Seller: Anand Rathi Global Finance Limited |
| Jan 2024 | Market trade | ₹30.44 Cr | Buyer: Think India Opportunities Master Fund Lp Seller: Authum Investment & Infrastructure Limited , Anand Rathi Global Finance Limited |
| Sep 2021 | Market trade | ₹8.42 Cr | Buyer: Necco Shipping Company Private Limited Seller: Nidhi Mercantiles Limited |
| Jan 2020 | Market trade | ₹61.51 Cr | Buyer: Authum Investment & Infrastructure Limited Seller: Altura Capital Advisiors Llp |
| Aug 2019 | Market trade | ₹4.16 Cr | Buyer: Sangam E-Com Limited Seller: Sangam Business Credit Limited |
To see the full deal history of Sangam (India) Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sangam (India) Limited has 398 court cases on record: 283 filed by Sangam (India), 115 filed against it. 106 cases are pending and 292 are disposed.
Total cases
398
Filed by the company
283
Filed against the company
115
Pending
106
Disposed
292
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 211 | 78 | 73 |
| High courts | 178 | 32 | 31 |
| Supreme Court | 6 | 3 | 2 |
| NCLT | 3 | 2 | 0 |
Cases on record (5 of 398)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by Hero Fincorp Ltd | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Dmi Finance Private Limited | Pending |
| District court, Jalandhar, Punjab | Cheque dishonour complaint | Filed against the company by Credifin Limited | Pending |
| District court, West, Delhi | Execution petition | Filed against the company by Indusind Bank Ltd | Pending |
| District court, Bhilwara, Rajasthan | Court case (Civil Regular Appeal) | Filed by the company against Karan Singh | Pending |
To see the full case history of Sangam (India) Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Sangam (India) Limited was last rated by Indiarating on 23 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 23 Mar 2022 |
To see the full credit ratings and regulatory alerts of Sangam (India) Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sangam (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Sangam (India) has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Sangam Ventures Limited | U17299RJ2021PLC078482 |
To see the full group structure of Sangam (India) Limited, buy the company report.
Employees & EPFO
Sangam (India) Limited has a workforce of 11,339 employees on its EPFO records as of Apr 03, 2024, across 7 active EPFO establishments.
Employee count
11,339
Active EPFO establishments
7
Employee growth
4.74%
GST
Sangam (India) has 5 GST registrations: 3 active and 2 cancelled or inactive.
Total GSTINs
5
Active
3
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AACCS0486K1Z3 | Rajasthan | Active | 01 Jul 2017 |
| 03AACCS0486K1ZD | Punjab | Active | 01 Jul 2017 |
| 09AACCS0486K1Z1 | Uttar Pradesh | Active | 09 May 2023 |
To see the full GST registrations and return filing status of Sangam (India) Limited, buy the company report.
Recent activity
Sangam (India) Limited has 32 board changes on record since 1984: 21 appointments and 11 cessations. The latest: Aparna Sharma Sahay ceased to be Director on 26 Oct 2024.
Charges
A charge with Idbi Bank Limited amounted to Rs. 7.40 Cr with Charge ID 101317141 was registered on 23 Jun 2026.
Charges
A charge with Canara Bank amounted to Rs. 14.00 Cr with Charge ID 101310433 was registered on 15 Jun 2026.
Charges
A charge with Others amounted to Rs. 9.72 Cr with Charge ID 101313868 was registered on 09 Jun 2026.
Charges
A charge with Others amounted to Rs. 62.22 Cr with Charge ID 101310732 was registered on 30 May 2026.
Charges
A charge registered on 17 Jun 2019 via Charge ID 100272274 with Others was fully satisfied on 04 May 2026.
Charges
A charge registered on 17 Jun 2019 via Charge ID 100272277 with Others was fully satisfied on 04 May 2026.
Charges
A charge registered on 17 Jun 2019 via Charge ID 100272813 with Others was fully satisfied on 04 May 2026.
Filing
Sangam (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Jaipur.
Charges
A charge with Uco Bank amounted to Rs. 1.34 Cr with Charge ID 101274376 was registered on 30 Mar 2026.
Charges
A charge with Others amounted to Rs. 155.00 Cr with Charge ID 101260225 was registered on 27 Mar 2026.
Charges
A charge registered on 02 Nov 2022 via Charge ID 100646861 with Hdfc Bank Limited was fully satisfied on 10 Mar 2026.
Charges
A charge with Others amounted to Rs. 0.11 Cr with Charge ID 101256038 was registered on 26 Feb 2026.
422 earlier events are in the company report.
News
Sangam (India): Fire Breaks Out In Bhilwara Spinning Division, Estimated Damage Around ₹4 Crore, Well Insured
Frequently asked questions
Sangam (India) is an active public limited company based in Bhilwara, Rajasthan, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 29 December 1984 (42+ years old) and is registered under CIN L17118RJ1984PLC003173. Listed on BSE: 514234 and NSE: SANGAMIND.
Sangam (India) reported revenue of ₹3,234.53 Cr for FY 2025-26 (up 13.2% YoY) based on consolidated financials.
Sangam (India) has 7 current directors:
- Anurag Soni - Managing Director
- Shri Niwas Modani - Whole-Time Director
- Ram Pal Soni - Whole-Time Director
- Vinod Kumar Sodani - Whole-Time Director
- Upendra Prasad Singh - Director
- Dinesh Chander Patwari - Director
- Irina Garg - Director
The latest financial statements of Sangam (India) on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 19 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sangam (India) is 08AACCS0486K1Z3, registered in Rajasthan. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 03AACCS0486K1ZD (Punjab), 09AACCS0486K1Z1 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Sangam (India) is L17118RJ1984PLC003173. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Sangam (India) is a listed company as per MCA records. Its shares are listed on both BSE (code: 514234) and NSE (symbol: SANGAMIND).
Sangam (India) has 398 court cases on record: 283 filed by the company and 115 filed against it. 106 are pending. Most are in the district courts.
Sangam (India) was incorporated on 29 December 1984, making it 42+ years old. It is registered with the Registrar of Companies, Jaipur.
Sangam (India) has 49 deals on record (47 market trades, 1 convertible or debt financing, 1 funding round), with disclosed funding of ₹42.61 Cr; the latest was in January 2024.
The peers of Sangam (India) by revenue are Nahar Spinning Mills Ltd, Nitin Spinners Limited, Mafatlal Industries Limited, Himatsingka Seide Limited, Jay Jay Mills India Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).