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BSE: 514234 | NSE: SANGAMINDEQ | 58888: sgml | IND: Textiles – Spinning – Synthetic Blended | ISIN code: INE495C01010 | SECT: Textiles

The Quarterly Results page of Sangam (India) Ltd. presents the key result items, its comparison with the sector peers and its previous 5 Quarterly Results.

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    Sangam (India) Quarterly Results: Get the key information of Sangam (India) Q1, Q2, Q3 and Q4 results, previous Quarterly Results, Quarterly Earnings and comparison on Economic Times.

    Sangam (India) Ltd.

    • Open 56.65
    • High 57.85
    • Low 56.00
    • Prev Close 56.65
    • Volume 38,016
    • VWAP (₹) 56.76

    Insights

    Trailing Behind 4-year Average ROA

    Company witnessed ROA of 0.92% in last FY which is lower than its 4-year average ROA of 1.81% along with asset turnover ratio of 124.26. (Source: Consolidated Financials)

    Quarterly Topline Performance

    Company witnessed QoQ revenue growth of 182.62%, which is highest in the last 3 years. (Source: Standalone Financials)

    Stock Returns vs Nifty Smallcap 100

    Stock gave a 3 year return of -72.74% as compared to Nifty Smallcap 100 which gave a return of -26.85%. (as of last trading session)

    Sales de-grew by 4.46%. Company witnessed revenue contraction for the first time in last 3 years. (Source: Consolidated Financials)

Key Metrics

  • PE Ratio (x) -8.03
  • EPS – TTM (₹) -7.03
  • MCap (₹ Cr.) 224.51
  • MCap Rank 25
  • PB Ratio (x) 0.42
  • Div Yield (%) 1.77
  • Face Value (₹) 10.00
  • 52W High (₹) 70.50
  • 52W Low (₹) 32.35
  • MCap/Sales 0.08
  • Beta (1 Month) 1.11
  • BV/Share (₹) 133.71
  • PE Ratio (x) -8.03
  • EPS – TTM (₹) -7.03
  • MCap (₹ Cr.) 220.96
  • MCap Rank 30
  • PB Ratio (x) 0.42
  • Div Yield (%) 1.77
  • Face Value (₹) 10.00
  • 52W High (₹) 70.50
  • 52W Low (₹) 33.60
  • MCap/Sales 0.08
  • Beta (1 Month) 2.00
  • BV/Share (₹) 133.71

Returns

  • 1 Day -0.26%
  • 1 Month 15.54%
  • 3 Months -3.83%
  • 1 Year 15.31%
  • 3 Years -72.82%
  • 5 Years -80.1%
  • 1 Day -0.26%
  • 1 Month 14.84%
  • 3 Months -3.09%
  • 1 Year 14.95%
  • 3 Years -72.92%
  • 5 Years -80.06%

News & Analysis

Financials

  • Income (P&L)

Quarterly Topline Performance

Company witnessed QoQ revenue growth of 182.62%, which is highest in the last 3 years. (Source: Standalone Financials)

Sales de-grew by 4.46%. Company witnessed revenue contraction for the first time in last 3 years. (Source: Consolidated Financials)

All figures in Rs Cr, unless mentioned otherwise

Trailing Behind 4-year Average ROA

Company witnessed ROA of 0.92% in last FY which is lower than its 4-year average ROA of 1.81% along with asset turnover ratio of 124.26. (Source: Consolidated Financials)

All figures in Rs Cr, unless mentioned otherwise

Conservative Profit Recognition

Over last 5 years, operating cash flow has been continuously rising as compared to company’s net profit. (Source: Standalone Financials)

Debt Coverage Capability

Company will take 3.28 years to pay off its debt obligations with latest operating cash flow of Rs 183.39 cr. (Source: Consolidated Financials)

All figures in Rs Cr, unless mentioned otherwise

Annual FY 2020 FY 2019 FY 2018
Return on Equity (%) 2.51 2.54 5.59
Return on Capital Employed (%) 10.86 10.29 8.10
Return on Assets (%) 0.92 0.86 1.81
Interest Coverage Ratio (x) 1.29 1.32 1.16
Asset Turnover Ratio (x) 124.26 122.10 103.64
Price to Earnings (x) 10.48 19.57 16.47
Price to Book (x) 0.26 0.50 0.92
EV/EBITDA (x) 4.28 5.34 7.91
EBITDA Margin (%) 9.49 8.97 9.15
Annual FY 2020 FY 2019 FY 2018 FY 2017 FY 2016
Return on Equity (%) 2.49 2.96 5.90 11.10 17.53
Return on Capital Employed (%) 10.74 10.58 8.35 14.62 22.86
Return on Assets (%) 0.91 1.01 1.92 3.83 5.96
Interest Coverage Ratio (x) 1.29 1.37 1.20 1.99 2.73
Asset Turnover Ratio (x) 123.21 121.58 103.43 111.43 116.41
Price to Earnings (x) 10.47 16.58 15.48 19.88 12.76
Price to Book (x) 0.26 0.49 0.91 2.20 2.24
EV/EBITDA (x) 4.28 5.24 7.78 8.69 6.23
EBITDA Margin (%) 9.52 9.15 9.31 12.49 16.65

Technicals

  • Buy/Sell Signals

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NAME P/E (x) P/B (x) ROE % ROCE % ROA % Rev CAGR [3Yr] OPM NPM Basic EPS Current Ratio Total Debt/ Equity (x) Total Debt/ CFO (x)
Sangam (India) -8.03 0.26 2.51 10.86 0.92 3.62 4.96 0.74 3.37 1.27 1.14 3.28
Indo Rama Synth -1.90 1.35 -142.57 -15.37 -21.34 -5.18 -4.15 -14.91 -12.14 0.69 1.80 -3.36
RSWM Ltd -2.56 0.22 -1.81 6.09 -0.60 -2.48 2.84 -0.58 -5.70 1.15 1.43 4.56
Banswara Syntex 15.83 0.36 15.62 22.16 6.25 1.16 8.20 4.14 31.13 1.23 0.76 1.25
Damodar Ind -3.00 0.45 -7.07 7.51 -1.38 2.99 2.94 -0.90 -2.98 1.17 3.45 12.75
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Shareholding Patterns

  • QoQ Change
Category 31 Dec 2019 31 Mar 2020 30 Jun 2020 30 Sep 2020
Promoters 55.00 55.00 55.00 55.00
Pledge 0.00 0.00 0.00 0.00
FII 0.00 0.00 0.00 0.00
DII 2.69 2.57 2.57 2.57
Mutual Funds 0.00 0.00 0.00 0.00
Others 42.31 42.43 42.43 42.43

Mutual Funds Ownership

No Data Available

Top Searches

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  • Sangam (India) Q1 Results
  • Sangam (India) Q2 Results
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Corporate Actions

  • Recent

Book closure from Nov 21, 2020 to Nov 28, 2020

Quarterly Results & Preferential Issue

Quarterly Results & Amalgamation

Announced on Meeting on
Oct 23, 2020 Oct 31, 2020
Quarterly Results & Preferential Issue
Sep 07, 2020 Sep 14, 2020
Quarterly Results & Amalgamation
Jun 15, 2020 Jun 24, 2020
Audited Results & Dividend
Jan 20, 2020 Jan 29, 2020
Quarterly Results
Oct 14, 2019 Oct 23, 2019
Quarterly Results
Announced on Ex-Date Dividend%
May 10, 2016 Sep 22, 2016 20%
Jun 01, 2017 Sep 21, 2017 20%
May 30, 2018 Sep 19, 2018 10%
May 28, 2019 Sep 19, 2019 10%
Jun 24, 2020 Nov 19, 2020 10%

No Data Available

No Data Available

Announced on Ex-Date
Oct 07, 2003 Oct 30, 2003
Rights ratio: 1 share for every 2 held at a price of Rs 15.0
May 09, 1994 May 16, 1994
Rights ratio: 1 share for every 1 held at a price of Rs 22.5
Nov 22, 1995
Rights ratio: 1 share for every 3 held at a price of Rs 25.0
Announced on Meeting on
Nov 04, 2020 Nov 28, 2020
Book closure from Nov 21, 2020 to Nov 28, 2020
Sep 06, 2019 Sep 30, 2019
Book closure from Sep 23, 2019 to Sep 30, 2019
Sep 05, 2018 Sep 29, 2018
Book closure from Sep 22, 2018 to Sep 29, 2018
Sep 05, 2017 Sep 29, 2017
Book closure from Sep 23, 2017 to Sep 29, 2017
Sep 06, 2016 Sep 30, 2016
Rs.2.0000 per share(20%)Dividend

About

Sangam (India) Ltd., incorporated in the year 1984, is a Small Cap company (having a market cap of Rs 222.73 Crore) operating in Textiles sector.

Sangam (India) Ltd. key Products/Revenue Segments include Textiles which contributed Rs 1783.05 Crore to Sales Value (95.16 % of Total Sales), Job Work which contributed Rs 65.64 Crore to Sales Value (3.50 % of Total Sales), Export Incentives which contributed Rs 15.22 Crore to Sales Value (0.81 % of Total Sales), Waste which contributed Rs 9.72 Crore to Sales Value (0.51 % of Total Sales)for the year ending 31-Mar-2019.

For the quarter ended 30-09-2020, the company has reported a Consolidated sales of Rs 312.44 Crore, up 187.01 % from last quarter Sales of Rs 108.86 Crore and down -35.93 % from last year same quarter Sales of Rs 487.69 Crore Company has reported net profit after tax of Rs -4.24 Crore in latest quarter.

The company’s top management includes Mr.Achintya Karati, Mr.R P Soni, Mr.S N Modani, Mr.T K Mukhopadhyay, Mr.V K Sodani, Ms.Seema Srivastava. Company has Rajendra & Co. as its auditors. As on 30-06-2020, the company has a total of 39,421,559 shares outstanding.

About Sangam (India) Ltd.

Sangam (India) Ltd., incorporated in the year 1984, is a Small Cap company (having a market cap of Rs 222.73 Crore) operating in Textiles sector. Sangam (India) Ltd. key Products/Revenue Segments include Textiles which contributed Rs 1783.05 Crore to Sales Value (95.16 % of Total Sales), Job Work which contributed Rs 65.64 Crore to Sales Value (3.50 % of Total Sales), Export Incentives which contributed Rs 15.22 Crore to Sales Value (0.81 % of Total Sales), Waste which contributed Rs 9.72 Crore to Sales Value (0.51 % of Total Sales)for the year ending 31-Mar-2019. For the quarter ended 30-09-2020, the company has reported a Consolidated sales of Rs 312.44 Crore, up 187.01 % from last quarter Sales of Rs 108.86 Crore and down -35.93 % from last year same quarter Sales of Rs 487.69 Crore Company has reported net profit after tax of Rs -4.24 Crore in latest quarter. The company’s top management includes Mr.Achintya Karati, Mr.R P Soni, Mr.S N Modani, Mr.T K Mukhopadhyay, Mr.V K Sodani, Ms.Seema Srivastava. Company has Rajendra & Co. as its auditors. As on 30-06-2020, the company has a total of 39,421,559 shares outstanding. Show More

Key Indices Listed On

Atun,Chittorgarh Road,Bhilwara, Rajasthan – 311001

Executive Leadership

Co. Secretary & Compl. Officer

Chief Business Strategist

President – Corporate Affairs

Chief Business Development Officer

Senoir Joint President

Managing Director & CEO

T K Mukhopadhyay

Auditors

Sangam (India) Share Price Update

Sangam (India) Ltd. share price moved down by -0.26 % from its previous close of Rs 56.65 . Sangam (India) Ltd. stock last traded price is 56.50

Sangam (India) Ltd. share price moved down by -0.26 % from its previous close of Rs 56.65 . Sangam (India) Ltd. stock last traded price is 56.50

Share Price Value
Today/Current/Last 56.50 56.50
Previous Day 56.65 56.65

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Key Metrics

  • PE Ratio

This is a ratio arrived at by dividing the current market price of a stock by its latest (annual or annualized) earnings per share. Here we have taken the TTM (trailing twelve months) adjusted earnings per share.

Earnings per share (TTM) tells the profit after tax earned on a per share basis by a stock over the last twelve months or four quarters.

MCap or Market capitalization of a stock is calculated by multiplying the total number of shares outstanding of that particular stock with its current market price.

This is the ranking of a company within its sector based on MCap or Market capitalization. Higher the market capitalization of a company, higher the rank it is assigned.

Price to Book represents the ratio of current market price of a stock to its book value per share. The book value itself is arrived at by dividing the net worth of a company by the total number of shares outstanding of the company at that time.

Dividend Yield calculates the amount of full year dividend declared by a company as a percentage of the current market price of a stock. All other things being equal, higher the dividend yield of the stock, the better it is for investors.

Face value of a stock is the value ascribed to the stock as per the balance sheet of the company. The dividend declared by a company is usually declared as a percentage of face value.

Beta (β) is a measure of systematic risk. It describes the responsiveness of a stock to fluctuations in the market. Beta coefficient of more than 1 denotes that a security is more volatile than its benchmark and less than 0 signifies that security return is not correlated to market movement.

Volume Weighted Average Price represents the average price of a security over a particular time period (example one trading day) weighted by the volume traded at each price point.

This represents the 52 week high and low price of the security. It is also the 1 year high and low of the security. This represents the highest and lowest price touched by the security during the past 52 weeks or 1 year including today.

Book value represents the value arrived at by subtracting the total liabilities from the total assets of the company. On dividing this value with the total number of shares outstanding for the company, we can arrive at book value per share. Book value is also known as Net Asset Value of a company.

This is a ratio of market capitalisation of a company’s stock to its annual sales. The market capitalization here is taken for the fully paid-up equity share of the company.

Technicals

  • Buy/Sell Signals

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

Pivot points are indicative support and resistance levels which are calculated on basis of previous day’s high, low and closing prices. Pivot level for Monday’s trade would be based on Friday’s prices and Monday’s, high, low and close price would go into calculation of pivot levels for Tuesday’s trading session.

There are two underlying assumptions in pivot points. First, the specific price level indicated by R1, R2 and R3 may act as a barrier or resistance in an uptrend. So, if a stock moves up above these pivots levels, the uptrend gets confirmed. Second these specific price levels may see an increased activity, hence may be used as levels to book profit by traders with a long positions. For traders with short position, these points are often helpful in determining what should be the stop loss for a trade.

Similarly, in case of support levels as indicated by S1, S2 and S3, they may act as price level where a stock might get a breather when it is slipping southward. In case these supports levels are broken it is a confirmation of a down trend. The stock may also see increased activity close to pivot levels. They may be used by trader may use them to put stop loss for a long trade. If a trader has short position, the pivot level may help in determine a level, where profit may be booked.

Like any other technical indicator, pivots levels cannot and should not be used as single factor while taking a trading decision. They should be combined with other technical indicators. It could be short term moving averages, stochastic, moving average convergence divergence (MACD) or overbought level as indicated by relative strength index (RSI). For example, if a breakdown of support level (S1, S2 or S3) is accompanied with stock price also moving below its short term moving average or stochastic on daily charts giving a sell signal, it would add to weightage to the decision of taking a short trade.

Sangam (India) share price live updates on The Economic Times. Check out why Sangam (India) share price is falling today. Get detailed Sangam (India) stock price news and analysis, Dividend, Bonus Issue, Quarterly results information, and more. ]]>