Sangam (India) Limited has informed the Exchange about Investor Presentation

SANGAM (INDIA) LIMITED CIN : L17118RJ 1984PLC 003173

E - mail : secretarial@sangamgroup.com Website : www.sangamgroup.com I Ph : +91-1482-245400-06

Ref: SIL/SEC/2022-23 Date: 13th February, 2023

The Manager Department of Corporate Services The National Stock Exchange of India Ltd. Exchange Plaza, 5th Floor, Plot No. C/1, G Block Bandra Kurla Complex, Bandra (E) Mumbai – 400051 Scrip Code: 5251

The Manager, Department of Corporate Services, Bombay Stock Exchange Ltd. Phiroze Jeejeebhoy Towers 25th Floor, Dalal Street, MUMBAI - 400 001 Scrip Code: 514234

Dear Sir/Madam,

Subject: Intimation to Stock Exchange – Investor Presentation in connection with Unaudited Financial Results for quarter and nine month ended 31st December, 2022

Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the copy of Investor Presentation in connection with Unaudited Financial Results for quarter and nine month ended 31st December, 2022

Kindly take the above on your record.

Yours faithfully, For Sangam (India) Limited

(A.K. Jain) Company Secretary FCS – 7842

Registered Office : Sangam House, Atun, Chittorgarh Road, Bhilwara - 311001 (Raj.) INDIA

SANGAM (INDIA) LIMITED

INVESTOR PRESENTATION

Feb 13, 2022

Disclaimer

“This presentation is for information purposes only and does not constitute an offer, solicitation, invitation to offer or advertisement with respect to the purchase or sale of any securities of Sangam (India) Limited (the "Company") and no part of it shall form the basis of, or be relied upon in connection with, any contract or commitment whatsoever. No representation or warranty (express or implied) is made as to, and no reliance should be placed on, the accuracy, completeness or correctness of any information, including any projections, estimates, targets and opinions contained herein, and no liability whatsoever is accepted as to any errors, omissions or misstatements contained herein and, accordingly, none of the Company or its affiliates, its advisors or representatives, including its book running lead managers, or any such person's officers or employees accepts any liability (in negligence or otherwise) whatsoever arising directly or indirectly from the use of this presentation. Unless specifically mentioned, this presentation speaks as of its date. Neither the delivery of this presentation nor any further discussions of the Company with any of the recipients shall, under any circumstances, create any implication that there has been no change in the affairs of the Company since such date. This document also contains certain forward-looking statements relating to the business, financial performance, strategy and results of the Company and/or the industry in which it operates. Forward-looking statements are statements concerning future circumstances and results, and any other statements that are not historical facts, sometimes identified by the words "believes", "expects", "predicts", "intends", "projects", "plans", "estimates", "aims", "foresees", "anticipates", "targets", and similar expressions. The forward-looking statements, including those cited from third party sources, contained in this presentation are based on numerous assumptions and are uncertain and subject to risks. A multitude of factors including, but not limited to, changes in demand, competition and technology, can cause actual events, performance or results to differ significantly from any anticipated development. Neither the Company nor its affiliates or advisors or representatives, including its book running lead managers, nor any such person's officers or employees guarantees that the assumptions underlying such forward-looking statements are free from errors, nor does either accept any responsibility for the future accuracy of the forward-looking statements contained in this presentation or the actual occurrence of the forecast developments. The Company expressly disclaims any obligation or undertaking to release any update or revisions to any forward-looking statements in this presentation as a result of any change in expectations or any change in events, conditions, assumptions or circumstances on which these forward-looking statements are based. This presentation may not be reproduced, copied, distributed or disseminated in any other manner.”

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Sangam (India) Limited

About Us

Sangam (India) limited was incorporated in 1984, promoted by Shri RP Soni, first generation entrepreneur & technocrat. SIL become a public limited company in 1992 and listed on both the major exchanges of India in NSE and BSE.

• SIL main business activities are Textile & garment manufacturing. Company has expanded its products portfolio

into full value chain in textile, manufacturing of yarn, fabric, fabric processing and Garment, etc.

• Company has build 4 state of the art manufacturing facilities situated in Bhilwara & Chittorgarh, Rajasthan,

India • Yarn (PV Fiber dyed, Grey yarn, & Cotton Yarn) • Fabric Production (Denim & PV fabric) • Fabric Processing • Knitted Fabric • Garments

: : : : :

96,150 MT 78 MMPA 72 MMPA 5,500 MTPA 5.6 MPPA

PV blended dyed/grey/cotton yarn

PV/denim fabric

Fabric processing

Garments

3

Sangam (India) Limited

Unique Business Propositions of Sangam India Limited Long standing presence over 35 years & established brands.

One of the largest producers of Poly Viscose Dyed Yarns in South East Asia, in oligopolistic market segment.

Diversified product mix from Yarn (PV & Cotton), Fabric (PV woven, Denim, Knitted), Garments, etc. A rare company in

India who is having such a large & diversified product mix.

Key player in the organized PV Fabric segment. SIL is very strong contender having limited competition in large &

institutional supplies.

Diversified customer base across segments & geography worldwide.

Manufacturing centricity and Economy of scale

One of the niche player in Seamless Garments manufacturing in India.

Brand C9 Air wear brings of progressive seamless wear to maximize flexibility, mobility and performance, while enhancing

comfort and confidence, as Intimate Wear, Active Wear, Yoga Wear, Shape Wear and Leisure Wear for women.

4

Sangam (India) Limited

Vision & Mission Statement

At Sangam, we strive to build enterprises driven excellence which by maximises customer satisfaction and create all value stakeholders.

for

:

n o i s i V

5

To maximise customer value expand and base with customer focus consumer business segment while pace with keeping changes external in environment.

on

:

n o i s s i

M

to

On the back of our resilient business model and operational efficiencies, we continued our drive stakeholders during the year. We remained steadfast on delivering the best quality and sustainable textile solutions, leading to a better tomorrow for everyone.

value

for

and

transparency

Commitment: We are committed to foster trusted client relationships and to enhance stakeholders’ value. We enable others to trust us by delivering on our accountabilities and stand by decisions when they are made. We expect to follow ethical business practices with complete open communication. Integrity: We carry our responsibilities in honest and trustworthy manner. We expect to uphold high standard of conduct and to have integrity in all our thoughts and actions. Professionalism: We expect to conduct ourselves in professional manner even in the most challenging circumstances. Quality: Our endeavour is to provide high quality products and adhere to world-class standards. Adaptability: We adaptable to changing dynamic environment.

steadfastly

remain

: s e u l a V r u O

R.P. Soni

Sangam (India) Limited

Board of Directors

Names of the Directors Shri R. P. Soni

Dr. S. N. Modani

Designation

Brief

Chairman

Managing Director & CEO

Shri Vinod Kumar Sodani

Executive Director

Shri Anurag Soni

Shri Achintya Karati

Shri Tapan Kumar Mukhopadhyay Smt. Jyoti Sharma

Whole Time Director & CFO

Independent Director

Independent Director

Independent Director

Shri Yaduvendra Mathur

Independent Director

Shri Sudhir Maheshwari

Independent Director

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He is the Promoter and founder of Sangam group and has more than 50 years of rich experience in textile, civil and other sectors. He is a first generation entrepreneur, visionary leader & technocrat by profession. He is qualified science graduate and diploma in civil engineering. He admire social & philanthropic values and believes in giving back to the society, and has set up Hospital, School, University under various trusts. He is responsible for managing the Yarn and Denim Business of SIL. He holds a Masters in Science (M. Sc.), with Honours in Chemistry, as well as an MBA and is associated with the textile industry since 1989. He is presently Chairman of Rajasthan Textile Mills Association & director in Confederation of textile industry “CITI”. He is awarded doctorate in strategic management practices for Sustainable Future by Sangam University. He is responsible for managing the weaving of Poly Viscose Fabric, the Processing Division and manufacturing of Seamless Garments. He is a B. Com. graduate and has completed his Chartered Accountancy.

He is a commerce graduate and completed MS in Finance. He is entrusted with the responsibility overall finance & treasury management and streamlining operations for sustainable business growth.

Having more than 51 years of work exp, worked in ICICI Ltd/ICICI Bank Ltd. holding responsible business development positions, head of Major Client Group - North and finally taking charge as Country Head of Government and Institutional Solutions Group. Having more than 48 years of work exp and worked as Chief General Manager and Country Head (Administration & Premises) in his previous assignment with from IDBI BANK and also held on various Senior Executive Positions.

She worked as Senior Vice President with Banking Codes and Standards Board of India since August 2015. Her forte is Corporate finance, resources mobilisation and monitoring of stressed assets. He was Officer of the Indian Administrative Service and retired in the year 2019 from the rank of Secretary to Govt. of India, Neeti Aayog, New Delhi. He was also associated with Exim Bank as CMD, with Rajasthan Financial Corporation as CMD, as Director General Revenue Intelligence, Principal Secretary Budget, Secretary Expenditure, Dy Secretary Finance as an Income Tax Officer, IRS and he was also associated with African Development Bank. He is Founder and Managing partner at Synergy Capital, a Private Equity and strategic advisory firm. He is a B. Com. graduate and has completed his Chartered Accountancy & Company Secretary .

Sangam (India) Limited

Production Capacity

Company's totally integrated infrastructure equipped to produce quality products ; from yarn to garments, includes Spinning, Weaving, Processing, Denim, Knitting & Garments Manufacturing supported by innovative styles, cutting- edge technology. Company has also invested heavily in developing and upgrading its infrastructure for better productivity and quality.

Division

Spinning

Weaving

Denim

Processing

Circular Knitting

Seamless Knitting

Thermal Power

Solar Power

Wind Power

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Assets

Production Capacity

271440 Spindles & 2,568 Rotors

96,150 MT PA

229 Weaving Machines

30 Million Meter Fabric PA

5 Processing lines & 295 Looms

48 Million Meter Fabric PA

7 Stenters-42 chambers

72 Million Meter PA

26 Machines

58 Machines

2 Plants

2 Plants

4 windmills

5,500 MT PA

5.6 Million Pieces PA

16.0 MW

13.0 MW

5.0 MW

Sangam (India) Limited

Major Milestones

limited as Converted to Public ‘Sangam (India) Limited, raised fund through first IPO of 3.2 Mn shares @ Rs15 each

expansion

11,520 Capacity spindles to spinning capacity and 3.8 MW Captive power plant

by

expansion

26,592 Capacity spindles and 10 MW Coal based thermal power plant

by

1984

1995

2000

2006

1993

1998

2003

Incorporated as a Private Limited Company by Mr R. P. Soni & started operations with 8 weaving machines.

Backward integration into spinning (Installed 17,280 spindles for PV dyed yarn)

Capacity 8,640 expansion spindles, 16 weaving machines and 1.9 MW Captive power plant

by

Amalgamation of SPBL Limited (A process house) with the Company

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Sangam (India) Limited

Major Milestones (contd.)

Expansion in weaving/ processing unit at village Atun

Installation of balancing machineries on its existing units

Expansion by 26,736 spindles for manufacturing of PV dyed yarn at Soniyana , 74 weaving machines

2009

2013

2015

2018

2011

2014

2016

Major Expansion by 1.13 Lakhs spindles, 130 weaving & 12 knitting machines and captive thermal power plant of 6 & 15 MW

Expansion of denim unit, process unit, texturizing yarn, open end yarn, knitting unit

Garment Unit 36 Machines, 10,080 spindles and 56 weaving machines

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Installed one Rope dyeing unit (24 Rope) and 78 looms at Denim unit

Sangam (India) Limited

Product Portfolios

SIL focused to deliver the best-in class products across the textile value chain. Company's expanded portfolio includes

PV blended dyed/grey yarn

Cotton spun yarn

Cotton open end yarn

Texturized yarn

Synthetic blended fabric

Denim fabric

Fabric processing

Cotton knitted fabric

Garments

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Sangam (India) Limited

Textile Value Chain

Nature/ Man Made

Ginning

Spinning

Weaving/ Knitting

Processing

Stitching

Raw Material

Fiber

Yarn

Fabric

Processed Fabric

Garment / Apparel

Polyester, Viscos, Cotton, etc.

Man Made PV & PC textiles

Wool

Silk

Jute

Other Synthetic & Technical Material

Woollen textiles

Silk textiles

Jute textiles

Technical textiles

Fiber & Yarn Segment

Fabric & Apparel Segment

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Sangam (India) Limited

Manufacturing Facilities

Atun, Bhilwara : Weaving, Processing & Garment Plant

Atun, Bhilwara: Seamless Garment Unit

Biliya Kalan, Bhilwara: Spinning Plant Unit-I, Denim Weaving & Processing Plant

Sareri, Bhilwara: Spinning Plant Unit-II

Soniyana, Chittorgarh Spinning Plant Unit-III

Company has five manufacturing facilities located at Bhilwara and Chittorgarh in Rajasthan.

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Sangam (India) Limited

Quarterly Result Snap Shots

INR Cr

REVENUE (INR Cr)

EBITDA (INR Cr)

FY22,Q3

FY23,Q3

FY22,Q3

FY23,Q3

-6% YOY

-21% YOY

646

605

80

63

REVENUE (INR Cr)

EBITDA (INR Cr)

9M FY22

9M FY23

9M FY22

9M FY23

20% YOY

17% YOY

1691

2027

208

243

* Revenue is down mainly due to reduction in prices by around 8-10%.

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Sangam (India) Limited

I

N O T C U D O R P

E U N E V E R

Business Segments Quarterly Trend

Yarn (MT)

PV Fabric (Lakh Meter)

Denim Fabric (Lakh Meter)

Garment (Lac Pcs)

18,565.9 18,293.5

16,489.6

19,507.4 20,108.2

73.8

71.6

62.0

80.0

80.8

97.2

111.5

106.0

74.0

72.0

13.3

11.0

12.0

11.0

9.5

Dec-21 Qtr.

March-22 Qtr.

June-22 Qtr.

Sep-22 Qtr.

Dec-22 Qtr.

Dec-21 Qtr.

March-22 Qtr.

June-22 Qtr.

Sep-22 Qtr.

Dec-22 Qtr.

Dec-21 Qtr.

March-22 Qtr.

June-22 Qtr.

Sep-22 Qtr.

Dec-22 Qtr.

Dec-21 Qtr.

March-22 Qtr.

June-22 Qtr.

Sep-22 Qtr.

Dec-22 Qtr.

Yarn (INR Cr)

PV Fabric (INR Cr)

Denim Fabric (INR Cr)

Garment (INR Cr)

404.8

357.1

338.9

345.9

317.4

175.0

118.0

101.5

81.7

96.4

195.2

210.0

164.8

145.0

146.2

24.0

21.1

20.0

22.0

16.0

Dec-21 Qtr.

March-22 Qtr.

June-22 Qtr.

Sep-22 Qtr.

Dec-22 Qtr.

Dec-21 Qtr.

March-22 Qtr.

June-22 Qtr.

Sep-22 Qtr.

Dec-22 Qtr.

Dec-21 Qtr.

March-22 Qtr.

June-22 Qtr.

Sep-22 Qtr.

Dec-22 Qtr.

Dec-21 Qtr.

March-22 Qtr.

June-22 Qtr.

Sep-22 Qtr.

Dec-22 Qtr.

* PV fabric revenue has impact of around 50cr as institutional sales in last quarter, which is one time item and not recurring in nature.

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Sangam (India) Limited

Market wise sales chart

Inr Cr

600.0

500.0

400.0

300.0

200.0

100.0

-

15

Domestic Sales

Exports Sales

538.4

494.7

420.3

428.1

434.4

438.7

312.0

214.6

218.1

217.7

171.5

166.3

356.4

314.4

233.7

176.7

123.8

139.1

Dec-20 Qtr.

Mar-21 Qtr.

June-21 Qtr.

Sep-21 Qtr.

Dec-21 Qtr.

March-22 Qtr.

June-22 Qtr.

Sep-22 Qtr.

Dec-22 Qtr.

Sangam (India) Limited

Income Statement: Q3 FY 2023 (standalone)

INR Lakhs

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Sangam (India) Limited

Particulars31.12.2230.09.2231.12.21YoY Qtr31.12.2231.12.21YoY PeriodIncomeRevenue from Operations60,500 70,932 64,613 -6%2,02,760 1,69,141 20%ExpensesCOGS49,679 55,401 49,549 0%1,60,196 1,30,040 23%Operating Profit10,821 15,531 15,064 -28%42,564 39,101 9%Operating Profit Margin %17.9%21.9%23.3%21.0%23.1%Other income399 309 263 1,173 794 EBITDA6,325 8,175 7,977 -21%24,283 20,781 17%EBITDA Margin10.5%11.5%12.3%12.0%12.3%Finance costs1,333 1,644 1,300 4,406 3,657 20%Cash Profit4,992 6,531 6,677 -25%19,877 17,124 16%Cash Profit Margin8.3%9.2%10.3%9.8%10.1%Depreciation and amortisation expense2480220517986535553618%Profit Before Tax251243264879-49%133421158815%Tax expense:18697451424142921Profit After Tax232633524365-47%10928866726%Other Comprehensive Income/(Loss) 323016382258Comprehensive Income for the period187730614528102088925Paid-up Equity Share Capital 45054505434245054342Earning per Share5.287.710.05-47%24.820.024%Cash EPS11.0814.515.38-28%44.139.412%For Year EndedQuarter EndedHistorical Financial Performance

INR Cr

17

Sangam (India) Limited

ParticularsDec-20Mar-21Jun-21Sep-21Dec-21Mar-22Jun-22Sep-22Dec-22Sales438.2495.5410.4634.9646.1746.3713.3709.3605.0Cost of Materials consumed220.1275.4251.7334.7366.2427.1447.4409.4371.9(Increase)/ Decrease in Inventories35.5-16.1-46.823.9-9.0-3.9-48.9-17.9-30.9Employee benefits expense41.748.543.451.852.553.255.059.559.8Power & Fuel46.353.449.259.667.868.879.280.971.2Other expenditure52.860.462.991.191.593.487.498.773.7Total Expenses396.4421.7360.5561.1569.0638.6620.1630.6545.7Net Income (Exclusively Operating EBIDTA)41.973.850.073.877.1107.893.278.759.3Other IncomeNet Income (Operating EBIDTA)41.973.850.073.877.1107.893.278.759.3Non operating income/exp2.65.11.22.42.7-0.84.73.14.0EBIDTA44.478.951.176.279.8107.097.981.863.3Finance Costs11.813.911.511.413.011.214.316.413.3PBDT (Cash Profit)32.665.139.664.866.895.883.665.349.9Depreciation & Amortisation expense20.319.219.318.118.015.018.522.124.8Profit / Loss Before Tax 12.345.920.446.748.880.865.143.325.1Tax Expenses4.811.77.116.95.114.212.59.71.9PAT7.534.113.229.843.766.652.533.523.3Extraordinary item - Gain / (Loss)-12.30.0-3.2-4.8Net Profit/ (Loss) for the period7.534.113.229.843.754.352.530.318.4Other Comprehensive Income (After Tax)0.62.30.30.71.6-1.50.20.30.3Total Comprehensive Income for the period8.0936.413.530.545.352.752.730.618.7SANGAM Way Forward

On Going Expansion Plan

1. Cotton Expansion Project outlay of 138 cr: it will add yarn capacity of 10,500 MT PA and expected COD in April 2023.

2. Garment Project outlay of 157 cr, 106 machines under wholly owned subsidiary SVL: project will be commenced in phase manner and final COD expected in Dec 2023.

3. Denim Expansion Project costs outlay INR180 cr – 81 Looms for Denim Fabric manufacturing for captive consumption and expected COD in Oct 23

4. PV Fabric Expansion Project: company has envisaged further expansion in weaving unit with project out lay of 108cr, putting 67 new advance technology looms and expected COD in Oct 23. The plant capacity shall be increased by 18 MM “million meters” of fabric per annum, this will increase the fabric production capacity from existing 30 MM to 48 MM per annum.

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Sangam (India) Limited

Shareholding Pattern As on 31.12.2022

Dec-22

30%

70%

Sep-22

30%

70%

Promoters

FIIs

DIIs

Public

Promoters

FIIs

DIIs

Public

Jun-22

39%

61%

Mar-22

39%

61%

Promoters

FIIs

DIIs

Public

Promoters

FIIs

DIIs

Public

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Sangam (India) Limited

SANGAM : External Credit Rating

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Sangam (India) Limited

Rating Issued on 23.03.2022Name of the Rating Agency :DateLong Term FacilitiesShort Term Facilities 03.02.21Ø Affirmed at ‘IND A’ Outlook StableØ Affirmed at ‘IND A1’ 11.12.19Ø Affirmed at ‘IND A’ Outlook NegativeØ Affirmed at ‘IND A1’ 29.11.18Ø Downgraded to ‘IND A’Ø Affirmed at ‘IND A1’ 13.10.17Ø Affirmed at ‘IND A+’Ø Downgraded to ‘IND A1’ 26.10.16Ø Affirmed at ‘IND A+’Ø Affirmed at ‘IND A1+’01.10.15Ø Upgraded to ‘IND A+’Ø Upgraded to ‘IND A1+’13.09.14Ø Upgraded to ‘IND A-’Ø Upgraded to ‘IND A1’04.12.13Ø Upgraded to ‘CARE BBB+’Ø Upgraded to ‘CARE A2’India Ratings and Research Pvt. Limited (A Fitch Group Company)Instruments with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations. Such instruments carry low credit risk.Earlier Company was RatedThank you

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Sangam (India) Limited