Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Sangam (India) Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 688 | 677 | 629 | 636 | 706 | 697 | 675 | 746 | 725 | 786 | 776 | 762 | 866 |
| Expenses + | 617 | 624 | 586 | 591 | 645 | 635 | 624 | 687 | 672 | 729 | 701 | 681 | 767 |
| Operating Profit | 70 | 53 | 43 | 45 | 61 | 62 | 51 | 59 | 53 | 56 | 75 | 81 | 99 |
| OPM % | 10% | 8% | 7% | 7% | 9% | 9% | 8% | 8% | 7% | 7% | 10% | 11% | 11% |
| Other Income + | -12 | 1 | 3 | 2 | 3 | 4 | 1 | -4 | 11 | 12 | -2 | -0 | -4 |
| Interest | 10 | 14 | 15 | 17 | 22 | 22 | 24 | 22 | 24 | 29 | 28 | 26 | 26 |
| Depreciation | 13 | 20 | 21 | 25 | 25 | 26 | 26 | 27 | 28 | 34 | 10 | 23 | 23 |
| Profit before tax | 36 | 20 | 10 | 5 | 18 | 18 | 2 | 6 | 12 | 5 | 35 | 31 | 46 |
| Tax % | 8% | 29% | 32% | 11% | 30% | 28% | -126% | 92% | 25% | 17% | 32% | 22% | 27% |
| Net Profit + | 33 | 14 | 7 | 4 | 13 | 13 | 5 | 1 | 9 | 4 | 24 | 24 | 34 |
| EPS in Rs | 7.39 | 3.15 | 1.55 | 0.97 | 2.79 | 2.83 | 1.07 | 0.12 | 2.08 | 0.95 | 5.28 | 5.35 | 7.45 |
Financials of Sangam (India) Ltd
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,468 | 1,504 | 1,594 | 1,638 | 1,874 | 1,783 | 1,354 | 2,438 | 2,715 | 2,648 | 2,843 | 3,190 |
| Expenses + | 1,259 | 1,278 | 1,418 | 1,511 | 1,711 | 1,622 | 1,230 | 2,130 | 2,414 | 2,445 | 2,618 | 2,878 |
| Operating Profit | 209 | 226 | 176 | 127 | 162 | 161 | 123 | 308 | 302 | 203 | 225 | 311 |
| OPM % | 14% | 15% | 11% | 8% | 9% | 9% | 9% | 13% | 11% | 8% | 8% | 10% |
| Other Income + | 11 | 24 | 23 | 25 | 9 | 8 | 10 | -5 | -8 | 9 | 13 | 5 |
| Interest | 67 | 64 | 64 | 63 | 67 | 69 | 49 | 48 | 54 | 68 | 92 | 110 |
| Depreciation | 80 | 76 | 73 | 77 | 80 | 81 | 81 | 70 | 78 | 91 | 107 | 90 |
| Profit before tax | 72 | 110 | 63 | 13 | 24 | 20 | 3 | 184 | 161 | 53 | 39 | 117 |
| Tax % | 29% | 30% | 13% | -141% | 36% | 34% | -57% | 24% | 17% | 28% | 29% | 26% |
| Net Profit + | 52 | 77 | 55 | 30 | 16 | 13 | 5 | 141 | 135 | 38 | 27 | 86 |
| EPS in Rs | 13.08 | 19.54 | 13.91 | 7.72 | 3.96 | 3.37 | 1.24 | 32.46 | 29.87 | 8.46 | 6.10 | 19.02 |
| Dividend Payout % | 15% | 10% | 14% | 13% | 25% | 30% | 81% | 6% | 7% | 26% | 37% | 12% |
Financials of Sangam (India) Ltd
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 39 | 39 | 39 | 39 | 39 | 39 | 43 | 43 | 45 | 50 | 50 | 50 |
| Reserves | 332 | 400 | 454 | 476 | 487 | 494 | 516 | 673 | 842 | 935 | 953 | 1,026 |
| Borrowings + | 617 | 649 | 708 | 787 | 707 | 648 | 590 | 610 | 810 | 1,005 | 1,067 | 1,222 |
| Other Liabilities + | 188 | 204 | 228 | 281 | 307 | 266 | 267 | 496 | 415 | 666 | 792 | 954 |
| Total Liabilities | 1,177 | 1,292 | 1,430 | 1,583 | 1,541 | 1,447 | 1,417 | 1,822 | 2,112 | 2,656 | 2,862 | 3,252 |
| Fixed Assets + | 563 | 585 | 654 | 699 | 648 | 616 | 590 | 602 | 655 | 919 | 1,194 | 1,428 |
| CWIP | 3 | 14 | 11 | 9 | 12 | 10 | 9 | 71 | 217 | 217 | 177 | 82 |
| Investments | 6 | 6 | 6 | 6 | 6 | 6 | 0 | 8 | 57 | 50 | 119 | 193 |
| Other Assets + | 605 | 687 | 759 | 869 | 875 | 816 | 818 | 1,141 | 1,183 | 1,469 | 1,373 | 1,550 |
| Total Assets | 1,177 | 1,292 | 1,430 | 1,583 | 1,541 | 1,447 | 1,417 | 1,822 | 2,112 | 2,656 | 2,862 | 3,252 |
Financials of Sangam (India) Ltd
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 136 | 139 | 147 | 95 | 174 | 183 | 132 | 248 | 193 | 179 | 433 | 249 |
| Cash from Investing Activity + | -94 | -107 | -131 | -107 | -24 | -39 | -43 | -197 | -332 | -368 | -369 | -270 |
| Cash from Financing Activity + | -41 | -33 | -14 | 8 | -151 | -132 | -93 | -41 | 146 | 189 | -43 | 37 |
| Net Cash Flow | 1 | -0 | 2 | -4 | -1 | 13 | -4 | 11 | 7 | 0 | 22 | 16 |
| Free Cash Flow | 38 | 30 | 8 | -23 | 144 | 137 | 80 | 56 | -107 | -193 | 125 | 42 |
| CFO/OP | 76% | 76% | 83% | 81% | 97% | 113% | 109% | 96% | 79% | 94% | 193% | 83% |
Financials of Sangam (India) Ltd
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 63 | 66 | 59 | 73 | 71 | 62 | 79 | 56 | 47 | 63 | 64 | 75 |
| Inventory Days | 114 | 131 | 144 | 138 | 118 | 133 | 182 | 143 | 121 | 159 | 124 | 107 |
| Days Payable | 32 | 34 | 41 | 58 | 55 | 41 | 57 | 78 | 53 | 102 | 131 | 131 |
| Cash Conversion Cycle | 144 | 163 | 162 | 152 | 134 | 154 | 205 | 122 | 115 | 120 | 57 | 50 |
| Working Capital Days | 20 | 33 | 39 | 39 | 34 | 34 | 51 | 24 | 22 | 34 | 11 | 10 |
| ROCE % | 15% | 17% | 11% | 6% | 7% | 7% | 4% | 20% | 15% | 7% | 7% | 11% |