Sangam (India) Ltd
Sangam (India) Q2 FY26 earnings call: Revenue & Margins
Q2 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
Sangam India Limited expects revenue growth of about 12% to 15% annually over the next couple of years. Revenue growth expected at 12% to 15% annually over the next couple of years (Page 13).
From Sangam (India) Ltd's Q2 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Sangam India Limited expects revenue growth of about 12% to 15% annually over the next couple of years.
- For the current fiscal year, they anticipate approximately 16% revenue growth based on the half-year run rate.
- Capacity utilization improvement is a key growth lever, with yarn and fabric divisions close to optimal utilization and significant upside in garments (expected to rise from 35% to 60-65% utilization soon).
- The company aims to reach a top line of around INR4,000 crores in the coming years through steady organic growth rather than major new capex.
- Product mix improvements and higher volumes continue to drive growth alongside better pricing realizations, as yarn prices have bottomed out.
2 more points from Sangam (India) Ltd's call on revenue
Pro opens every point from 15K+ earnings calls
Profitability & Margins
See what Sangam (India) Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- No major capex is planned over the next 12 to 18 months; the focus is on maximizing profitability from completed investments.
- Maintenance and modernization capex is expected to be around INR 50 to 70 crores annually.
- Future automation and modernization initiatives are anticipated with shorter payback periods of 3 to 4 years, but no significant projects are currently planned.
- The company has recently completed an extensive capex cycle, doubling gross block to approx. INR 1,800 crores by FY '25.
2 more points from Sangam (India) Ltd's call on capex
Pro opens every point from 15K+ earnings calls
Top-ranked in Textiles & Apparels
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Sangam (India) Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- Sangam India Limited has a decent order book in place as of the latest update.
- The company has been actively working on this order book over the last 6 months.
- There is significant scope to improve capacity utilization, especially in the garment division, which increased utilization from 25% to 35% with expectations to reach 60%-65% by the next quarter.
2 more points from Sangam (India) Ltd's call on order book
Pro opens every point from 15K+ earnings calls
Sangam (India) Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹866 Cr, net profit ₹34 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
Full financials →Continue your research
What Sangam (India) Ltd's management said in earlier quarters
Others in Textiles & Apparels this season
- GHCL Textiles Ltd (Q2 FY26)
Expansion includes installation of 40 knitting machines, contributing an incremental revenue of INR275-300 crores. Key concall takeaways from GHCL Textiles…
- K P R Mill Ltd (Q2 FY26)
Quarterly revenue from operations (Q2FY26): ₹1,632.03 Cr vs Q2FY25: ₹1,480.02 Cr, showing a YoY increase of ₹152.01 Cr. Key concall takeaways from K P R Mill…
- Trident Ltd (Q2 FY26)
Q2 FY26 Total Income (Consolidated): INR 18,032 million, up 4.58% YoY from INR 17,243 million in Q2 FY25 (Page 18). Key concall takeaways from Trident Ltd's Q2…
- Dollar Industries Ltd (Q2 FY26)
80-95 crores to improve margins. Key concall takeaways from Dollar Industries Ltd's Q2 FY26 earnings call — and how it ranks against sector peers.
Arthneeti Pro · Annual
Sangam (India) Ltd and 15K+ more earnings calls,
for less than your morning chai
a day
Every earnings call, ranking and concall Q&A across all four results seasons.
Secure Razorpay payment · instant access
Frequently Asked Questions
What were Sangam (India) Ltd Q2 FY26 results?
Sangam India Limited expects revenue growth of about 12% to 15% annually over the next couple of years. Revenue growth expected at 12% to 15% annually over the next couple of years (Page 13).
What is Sangam (India) Ltd share price analysis?
Sangam (India) Ltd currently shows a neutral. The stock trades at a P/E of 24.0 with a market cap of ₹3,020 Cr. Investors should review the full earnings analysis for detailed insights.
Is Sangam (India) Ltd planning capital expenditure?
No major capex is planned over the next 12 to 18 months; the focus is on maximizing profitability from completed investments.
Keep Sangam (India) Ltd on your radar — track it to get its next earnings analysis in your feed.
This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.