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/2025-26 Date: 10th November, 2025
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: SANGAMIND
The Manager, Department of Corporate Services, BSE Ltd. Phiroze Jeejeebhoy Towers 25th Floor, Dalal Street, Mumbai - 400 001 Scrip Code: 514234
Dear Sir/Madam,
Sub.: Intimation to Stock Exchange – Investor Presentation in connection with Unaudited Financial Results for the Quarter / Half Year ended 30th September, 2025.
Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith a copy of the Investor Presentation in connection with the Unaudited Financial Results for the Quarter / Half Year ended 30th September, 2025.
The same is also available on the company website at www.sangamgroup.com
Kindly take the above on your record.
Yours faithfully For Sangam (India) Limited
Arjun Agal Company Secretary & Compliance Officer
ICSI Mem No. 74400
Registered Office : Sangam House, Atun, Chittorgarh Road, Bhilwara - 311001 (Raj.) INDIA
Sangam (India) Limited
Earnings Presentation
Q2 & H1FY26
Disclaimer
The presentation has been prepared by Sangam (India) Limited (the “Company”) solely for information purposes and does not constitute an offer to sell or recommendation or solicitation of an offer to subscribe for or purchase any securities and nothing contained herein shall form the basis of any contract or commitment whatsoever. By accessing this presentation, you are agreeing to be bound by the trading restrictions.
The information contained in this presentation should be considered in the context of the circumstances prevailing at the time and has not been, and will not be, updated to reflect material developments which may occur after the date of the presentation. The information set out herein may be subject to updating, completion, revision, verification and amendment and such information may change materially. This presentation is based on the economic, regulatory, market and other conditions as in effect on the date hereof. It should be understood that subsequent developments may affect the information contained in this presentation, which neither the Company nor its affiliates, advisors or representatives are under an obligation to update, revise or affirm.
Certain statements contained in this presentation may be statements of the Company’s beliefs, plans and expectations about the future and other forward- looking statements. The forward-looking statements are based on management’s current expectations or beliefs as well as a number of assumptions about the Company’s operations and factors beyond the Company’s control or third-party sources and involve known and unknown risks and uncertainties that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. Forward looking statements contained in this presentation regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. There is no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. You should not place undue reliance on forward looking statements, which speak only as of the date of this presentation.
The Company, as such, makes no representation or warranty, express or implied, as to, and does not accept any responsibility or liability with respect to, the fairness, accuracy, completeness or correctness of any information or opinions contained herein. You acknowledge and agree that the Company and/or its affiliated companies and/or their respective employees and/or agents have no responsibility or liability (express or implied) whatsoever and howsoever arising (including, without limitation for any claim, proceedings, action, suits, losses, expenses, damages or costs) which may be brought against or suffered by any person as a result of acting in reliance upon the whole or any part of the contents of this presentation and neither the Company, its affiliated companies nor their respective employees or agents accepts any liability for any error, omission or misstatement, negligent or otherwise, in this presentation and any liability in respect of the presentation or any inaccuracy therein or omission therefrom which might otherwise arise is hereby expressly disclaimed.
2
Table of Content
Q2 & H1FY26 Performance
Company Overview
Strategic Updates
Annexures
3
Q2 & H1FY26 Performance
4
Management Commentary
Q 2 F Y 2 6
H 1 F Y 2 6
Revenue
Rs. 785 Cr Up 16% YoY
Rs. 1,587 Cr Up 15.4% YoY
Gross Profit
Rs. 314 Cr 40% Margin Up 7% YoY
Rs. 613 Cr 39% Margin Up 3% YoY
EBITDA
Rs. 76 Cr 10% Margin Up 32% YoY
Rs. 146 Cr 9% Margin Up 13% YoY
PAT
Rs. 23 Cr
Rs. 25 Cr
Up 317% YoY
Up 27% YoY
Sangam India Limited delivered robust Q2FY26 results, with revenue rising 16% YoY to ₹785 crore, driven by strong domestic demand and operational efficiency.
While the Gross margin moderated to 40.0% versus last year, the company posted a sharp 32% YoY jump in EBITDA to ₹76 crore and expanded EBITDA margins by 120 basis points to 9.6%.
PAT rose over 300% YoY to ₹23 crore, further supported by well-managed expenses and lower depreciation.
Maintaining a focus on agility, cost control, and innovation, ensures we remain well positioned to capture emerging opportunities in both domestic and export textile markets while advancing the customer- centric, integrated growth strategy.
We remain committed to building an integrated textile business, with a sharp focus on innovation, agility, and sustainable margin improvement in the coming quarters.
5
MR. RAM PAL SONI Founder & Chairman
Navigating through the US Tariff
US Tariff Situation
YoY% Change in Export Value to the USA – A Macro Overview
Sangam’s Exposure to the USA Market
Cotton Yarn
Readymade Garments (RMG)
Man-made Yarn/Fabs./Made-ups
-15% -10% -5% 0% 5%
Sept'25
Apr'25-Aug'25
The tariff escalation has distorted trade flows and temporarily disrupted India’s textile export cycle. While US-bound shipments weakened, demand has gradually pivoted toward alternate destinations and domestic channels. • Export volumes to the US declined, leading to order diversion to Bangladesh, Vietnam, and the EU.
• Realization pressure persisted as exporters partially absorbed tariffs to retain clients. • Working capital tightened amid higher
inventories and extended receivable cycles.
3.6%
0.1%
0.0%
Q4 FY25
Q1 FY26
Q2 FY26
• Revenue concentration remains low, with the US contributing only a marginal share to overall exports, insulating earnings from tariff-led volatility.
• Geographic diversification is strong with
steady demand from non-US regions offsetting any regional weakness.
6
•
Indian textile exports, which earlier faced a modest 6–9% import duty in the US, came under sharp pressure after a 25% additional tariff was imposed in July 2025.
• Lifting effective rates to 31-34% and eroding
competitiveness across yarn, fabric, and garment categories.
• The situation worsened after 27 August 2025, when duties were raised to 50%, severely impacting India’s pricing advantage and export momentum.
Source: Ministry of Commerce, Media Sources
Working Capital Efficiency Strengthened
137
Working Capital Cycle
96
95
108
105
78
42
72
49
49
47
56
59
62
87
84
90
67
FY21
FY22
FY23
FY24
FY25
H1FY26
Inventory Days
Recievable Days
Payable Days
WC days improved to 61 in 1HFY26 from 80 in FY25, driven by faster inventory turnover (84 days vs. 105) and improved payable terms (90 days vs. 87). Receivables remained stable at 67 days (vs. 62), reflecting sustained collection discipline and stronger cash flow management.
7
Interest Subsidies – Supporting Strong Debt Servicing Capability
Interest Subsidy For FY26
Debt Repayment Schedule
(In Rs. Cr)
7.9
6.6
(In Rs. Cr)
109
123
125
124
3.7
4.2
59
Q1
Q2
Q3
Q4
FY 26
FY 27
FY 28
FY 29
FY30
Interest Coverage Ratio (x)
Net Debt/ Equity (x)
4.9
3.9
1.0
0.8
0.9
1.1
1.1
1.3
1.0
1.7
1.5
FY20
FY21
FY22
FY23
FY24
FY25
FY 21
FY 22
FY 23
FY 24
FY25
8
Strategic Backward Integration for a Sustainable Value Chain
PET Bottle Flakes
Backward Integration & Cost Leadership: Ensures stable recycled fibre supply, reducing input costs and strengthening competitiveness.
Sustainability as a Growth Driver: Aligns with global brands’ recycled mandates, unlocking stronger export potential.
Operational Efficiency: Co-location with yarn unit cuts logistics cost and speeds up turnaround.
ESG Leadership: Expands recycled material use, reinforcing ESG and circular economy focus.
9
Recycled Polyester Fibre
Installed Capacity: 45 TPD (16,020 MT per annum)
• • Output Coverage: Meets ~50% of daily Polyester
Fibre requirement
• Annual Savings Projection: Rs. 15 Cr at EBIT Level
Renewable Energy Boost
Existing renewable energy capacities: 23 MW (18 MW Solar + 5 MW Wind) is fully utilized
Agreement is with CGE II Hybrid Energy Private Limited
12 MW additional renewable energy capacity is proposed – Commencing by December, 2025.
Total investment required: ₹11.42 Crore with total annual savings projection of ₹10Cr
Helps mitigate rising financial strain from the additional ₹1/unit cess in Rajasthan from October 2025.
Investment supports sustainability via renewable energy sourcing
10
Production Quantity & Capacity Utilization %
Yarn (MT)
PV Fabric (Lakh Meter)
Denim Fabric (Lakh Meter)
Garment (Lakh pcs)
Q2FY26
91%
24470
Q2FY26
80%
Q1FY26
77%
Q4FY25
78%
Q3FY25
75%
Q2FY25
78%
21,226
21,876
20,531
21,177
Q1FY26
87%
Q4FY25
58%
Q3FY25
73%
Q2FY25
96%
101
110
108
73
82
Q2FY26
83%
Q1FY26
87%
Q4FY25
96%
Q3FY25
89%
Q2FY25
90%
Capacity Utilization
Production Quantity
Capacity Utilization
Production Quantity
Capacity Utilization
Production Quantity
Note: Certain historical figures have been reinstated
112
118
Q2FY26
35%
Q1FY26
25%
Q4FY25
30%
130
Q3FY25
36%
120
116
6
7
9
9
Q2FY25
46%
11
Capacity Utilization
Production Quantity
11
Historical Income Statement
Particulars (in Rs. Cr)
Q2 FY26
Q2 FY25
YoY
Q1 FY26
Revenue*
Gross Profit
785
314
677
295
15.9%
6.6%
803
298
QoQ
-2.2%
5.3%
H1FY26
H1FY25
YoY
1,587
613
1,375
598
15.4%
2.5%
Gross Margin (%)
40.0%
43.5%
(352) bps
37.2%
284 bps
38.6%
43.5%
(468) bps
EBITDA
EBITDA Margin %
Depreciation
Exceptional Items
Profit Before Interest & Tax
Interest
Profit Before Tax
Tax
Profit After Tax
Basic EPS (Rs)
Diluted EPS (Rs)
76
9.6%
57
32.4%
70
8.4%
120 bps
8.8%
10
2
63
29
34
11
23
28
2
28
25
3
(3)
6
4.60
4.60
1.10
1.10
(62.3)%
0.0%
129.5%
19.1%
1036.0%
529.4%
316.8%
316.8%
316.8%
36
2
33
30
3
0
2
0.42
0.42
7.3%
86 bps
(70.8)%
0.0%
93.2%
(3.2)%
1247.0%
2637.5%
985.9%
985.9%
985.9%
146
9.2%
129
9.4%
46
3
96
60
37
11
25
56
3
70
48
23
3
20
5.03
5.03
3.95
3.95
12.7%
(22) bps
(16.9)%
0.0%
36.8%
24.9%
62.1%
312.7%
27.4%
27.4%
27.4%
*Note: Revenue is inclusive of Other Incomes Note: The Company has revised its depreciation policy to reflect the enhanced asset longevity and upgraded technology base, extending the useful life of Plant & Machinery from 9.19 to 15 years and Solar Power Plants from 18 to 25 years, thereby aligning depreciation with true economic usage and industry benchmarks. Consequent to the revision in useful life, depreciation for H1 FY26 is lower by ₹2,528 lakh (₹1,318 lakh in Q1), resulting in higher PBT by ₹2,528 lakh, higher deferred tax by ₹627 lakh, and higher PAT by ₹1,901 lakh. Accordingly, as of 30 September 2025, Deferred Tax Liability, Other Equity, and Property, Plant & Equipment are higher by ₹627 lakh, ₹1,901 lakh, and ₹2,528 lakh respectively, compared to the earlier policy.
12
Sangam’s Alignment to Industry Tailwinds
SECTORAL TAILWINDS DRIVING GROWTH
SANGAM’S ALIGNMENT TO GROWTH DRIVERS
India’s exports expected to grow to $100 Billion by 2030 backed by FTAs and improved global competitiveness
Sportswear and athleisure market in India projected to grow at ~15-20%, supported by health consciousness and lifestyle-driven demand
Global Denim Apparel Market is expected to grow at 5% CAGR to $135 Billion by FY31
Sustainable Fashion gaining strong momentum globally, projected to reach ~$200 billion by 2030
Source: Investindia.gov.in, Media sources
Major Order from Gelmart (supplier to Walmart) reinforcing Sangam's export credibility, quality consistency, and mass-market scalability
C9 - Athleisure & Women’s Innerwear Brand with Over 2000+ retail touchpoints and growing e-commerce presence.
Strategic JV - Goldenseams Sangam Pvt. Ltd. - 50:50 JV with ₹50 Cr investment in a forward integration garmenting plant to boost denim value chain control
DaMensch MoU Signed - Focus on premium, design-led apparel and sustainable product development
13
Strategy and Outlook
Vertical Integration: Expanding share of VAP
Export Potential: Global Tailwinds
Operational Synergy
132Cr
1,369Cr
FY21
+14%
260Cr
228Cr
+9%
2,872Cr
2,641Cr
FY24
FY25
Indicators -
Revenue
EBITDA
14
Company Overview
15
Sangam: Fully-integrated Textiles Operations
Strong Expertise: 40+ years of leadership in the textile industry, built on integration, innovation, and quality
India’s largest, fastest growing and most trusted brand in Textile Sector
Diverse & End-to-End Portfolio: Leading manufacturer of PV Dyed Yarn and Denim, with offerings across grey yarn, cotton blends, knitted fabrics, and garments
Cutting-Edge Infrastructure & Workforce: 5 state-of-the-art plants in Rajasthan backed by 11,000+ employees, including 10,000+ skilled professionals
Global Reach & Marquee Clients: Presence in 50+ countries, catering to Walmart, Primark, Jockey, Decathlon, Mango, and many more
Flagship Brands: Sangam Suiting, Sangam Denim, and C9 Air Wear — trusted names in fashion and lifestyle
Rs. 2,872 Cr Revenue FY25
Rs. 260 Cr EBITDA FY25
Rs. 32 Cr PAT FY25
20% Revenue CAGR (FY21-25)
18% EBITDA CAGR (FY21-25)
66% PAT CAGR (FY21-25)
Location
Facilities
Capacities
ESG Commitment: 18 MW of capacity of solar at 5 locations and a 5 MW wind plant underscore a strong push toward sustainable energy
Atun, Bhilwara
Weaving, Processing & Garment Plant
Product Offerings
(% of Revenue) As of Q2FY26*
PV and Cotton Yarn: 52%
Woven Fabric: 17%
Denim Fabric: 28%
Garment: 3%
Seamless Garment (9.62 MMPA) + Weaving (56MMPA) + Fabric Processing (72MMPA)
60 MMPA
30,000 MTPA (Spinning + Textuaries)
71,820 MTPA (Spinning + Rotors + Knitting)
Biliya Kalan, Bhilwara
Biliya Kalan, Bhilwara
Denim Weaving & Processing Plant
Spinning Plant Unit-I
Sareri, Bhilwara
Spinning Plant Unit-II
Soniyana, Chittorgarh
Spinning Plant Unit-III
9000 MTPA
16
Business Model
Spinning
Knitting & Weaving
Garmenting
Overview
Produces cotton, PV, fancy, and indigo yarns - catering to varied fiber needs and fabric applications
Converts yarn into knitted and woven fabrics - denim, shirting, and performance knits - for fashion and utility use
Uses seamless tech for C9 activewear, innerwear, and shapewear enabling forward integration and value capture
Key Products
Capacities
•
• •
•
•
•
•
PV Yarn (Polyester/Viscose and blends) Cotton Yarn (Ring and open-end) Fancy Yarn (Blends with wool, linen, acrylic, etc.) Indigo Dyed Yarn
•
Knitted Fabric: Jersey, rib, interlock, pique, loop terry, indigo knits
• Woven Fabric:
- Suiting's/Shirting: Polyester blends, 100% PV Lycra, PV/cotton/viscose/spandex - Denim Fabric: Rigid and stretch denim using cotton, polyester blends, and modal
•
•
Seamless Garments: Leggings, sportswear, activewear, innerwear, and shapewear In-house C9 Airwear Brand: Women's lifestyle and performance wear
306,864 Spindles - capacity of 85,140 MTPA 4,584 Rotors - capacity of 19080 MTPA 1 Texturies Machine – capacity of 1200 MTPA
•
•
32 Knitting machines - 5,400 MTPA capacity 262 denim weaving looms and 333 weaving looms
•
114 seamless knitting machines with a 9.62 MMPA
17
Textile Sector – Overview
India’s Textile Market Size (US$ Bn)
Domestic Textile and Apparel Industry in India (US$ Bn)
Textiles and Apparels Exports from India (US$ Bn)
350
250
100
223
197
165
160
125
75
37
35
37
FY21
FY22
FY23
FY30 (F)
FY21
FY22
FY23
FY30 (F)
FY23
FY24
FY25
FY30 (F)
India’s textile market is set to grow, fueled by:
• Strong domestic demand driven by urban markets contributing ~65% of textile and apparel sales, while rural markets, accounting for ~35%, are expanding faster with a 17% YoY rise in spending versus 12% in urban areas.
• Government policy support, including schemes like PLI which has a ₹10,683Cr outlay.
• A growing shift toward sustainable,
premium, and design-led textiles with the sustainable fashion market growing to ~$200 Billion by FY30.
India’s domestic textile and apparel market is projected to grow, driven by: • An increasing fashion-conscious youth demographic- Fast Fashion industry is projected to grow at CAGR ~16.7%. • Rapid urbanization and lifestyle shifts
with middle class population projected to grow to 38% (vs current 31%) by FY31.
• A strong push for locally manufactured products under Make in India initiatives – to boost share of manufacturing in India’s GDP from 16% to 25%
Source: Ministry of Textiles; Media sources; NSSO data; Press Information Bureau
India’s textile and apparel exports are expected to grow, supported by: • Shifting global demand toward alternative
sourcing destinations - India’s apparel exports grew 11.3% YoY in May 2025, driven by Western buyers shifting away from China and Bangladesh to diversify supply chains.
• Free Trade Agreements (FTAs) unlocking new markets -The India–UK FTA is set to spur 13% CAGR in textile exports, granting 99% of products duty-free access. Broader FTA expansion is poised to drive multi-market export growth.
18
USPs/ Competitive Advantage
1
Balanced Portfolio. De-Risked Operations
2
Driving Margins Through Strategic Value Addition
3
High-Value Client Relationships
4
Globally Recognized Accreditations
5
Recognized Four Star Export House
19
Balanced Portfolio. De-Risked Operations.
Multi-Segment Presence (% of sales)
Strong Domestic & Export Mix
3%
17%
23%
Cotton Yarn
PV Yarn
28%
29%
3%
21%
22%
27%
27%
Denim Fabric
Woven Fabic with processing
Garment
PV Yarn
Cotton Yarn
Denim Fabric
Woven Fabic with processing
Garment
Exports 37%
Exports 35%
Domestic 63%
Domestic
Exports
Domestic
Exports
Domestic 65%
20
Driving Margins Through Strategic Value Addition
42%
1%
40%
42%
1%
43%
Value Added Products and Gross Margin %
44%
1%
45%
45%
3%
43%
41%
40%
39%
45%
45%
45%
50%
53%
50%
52%
59%
56%
54%
55%
52%
50%
47%
50%
48%
FY18
FY19
FY20
FY21
FY22
FY23
FY24
FY25
H1FY26
Yarn
Fabric and Garment
Others
Gross Profit Margin
From Volume to Value: Sangam enters its next growth chapter with a margin-first mindset.
21
High-Value Client Relationships
22
Globally Recognized Accreditations
QUALITY MANAGEMENT SYSTEMS CERTIFICATIONS
QUALITY MANAGEMENT SYSTEMS CERTIFICATIONS
SOCIAL ACCOUNTABILITY STANDARDS
GLOBAL RECYCLED STANDARD
ORGANIC CONTENT STANDARD
GLOBAL ORGANIC TEXTILE STANDARD
23
Recognized Four Star Export House
Sangam (India) Limited has been recognized as a four-star export house
Exports (in Rs. Crore)
1,109
921
867
757
470
423
FY 20
FY 21
FY 22
FY 23
FY 24
FY25
24
Strategic Updates
25
Yarn - Improving The Mix
Key Highlights
Performance & Features
Leader in PV dyed yarn in India
Export yarn to 33+ countries. Established Distribution Network
Yarn (as a % of Revenue)
42
39
34
34
Yarn Produced: Cotton & PV Dyed. Manufacturer of 100% cotton Yarn, Core Spun Yarn, Eli Twist Yarn & Slub Yarn
16
18
16
12
29
18
26
23
Latest technology for producing and exporting high quality cotton yarn with different fiber blends
FY20
FY21
FY22
FY23
FY24
FY25
PV Yarn
Cotton Yarn
Plant Capacity & Locations
Biliya Kalan
Soniyana
Sareri
96,864
1
26,736
1,83,264
4,584
32
Spindles
Textuaries
Spindles
Spindles
Rotors
Knitting Machines
No. of Customers (Q2FY26)
423
PV Yarn
153
110,820 MTPA
Cotton Yarn
Yarn Capacity
26
Denim Fabric – Revenue increased 2.1x in 6 years
Key Highlights
Performance & Features
One of the largest exporter with exports to 25+ countries and market leader of Denim Fabric in country
Producers of wide range of denim fabric ranging from 4Ozs to 15Ozs
Working with value added yarns taking advantage of in-house yarn capabilities
22
21
Denim Fabric (as a % of Revenue)
26
25
28
29
R&D driven, sustainable product range encompasses Basic, Twills, Broken, Satins, Denim Shirting, Fancy Dobby and Regular Dobby
Very strong domestic market position while working with leading brands internationally and domestically
Latest finishing technique such as Flat, Thermo, Mill Wash, Calendar, Over Dyed
FY20
FY21
FY22
FY23
FY24
FY25
as of Sept 2025 Capacity
60 Million meters/annum
Denim Fabric production capacity
5 Indigo processing lines
199
with 262 weaving machines and 1 Rope Dyeing for denim fabric weaving
No of Customers (Q2FY26)
27
Synthetic Fabric – Significant Market Share
Key Highlights
Performance & Features
One of the largest exporter and market leader of PV fabric in country
Significant market share in processing PV, PV Lycra, PVW, Polyester woolen & 100% wool
Synthetic Fabric with Processing (as a % of Revenue)
21
22
22
22
19
16
Export to 45 + countries
Very strong domestic market position while working with leading brands internationally and domestically.
FY20
FY21
FY22
FY23
FY24
FY25
as of Sept 2025 Capacity
Unique Features
333 Weaving Machines, 7 Stenters and 46 Chambers
Fabric Weaving
56 MMPA
72 MMPA
Fabric Weaving
Fabric Processing
State-of-the-art computerized designing and high-speed air jet Weaving Machines
No of customers (in Q2 FY26): 738
Manufacturer of finest fabrics in polyester, viscose and other blended fibers
Working with value added yarns taking advantage of in-house yarn capabilities
28
Garment – Revenue increased 2.4x in 6 years
Key Highlights
Performance & Features
India’s largest manufacturers of Seamless Garments- C9
Athleisure wear, Intimate wear and Casual Wear
Garment (as a % of Revenue)
3
3
3
3
2,000+ touch points.
2
2
Cutting edge machinery sourced from Santoni, Italy
Product range: encompasses variety of blends as well as natural fibers
FY20
FY21
FY22
FY23
FY24
FY25
Plant Capacity & Locations
251.94 crores seconds/annum
114
297
Garment manufacturing capacity
Seamless garment knitting machines
No of Customers (Q2 FY26)
29
Strategic Priorities
Value-Added Product Expansion
Operational Efficiency
Working Capital
Customer Centricity
Technology & Automation
Accelerate shift to fabrics, seamless wear & branded apparel for higher margins.
Deploy automation, digitization, and green energy to cut costs, boost uptime, and optimize resources.
Optimize working capital through integration and efficient cash flow across all business verticals.
Ensure quality, design agility, and timely delivery while using buyer feedback to refine products and services.
30
Significant Focus on Sustainability and CSR
Recycle
30,000MT p.a. of recycled fiber comes through recycling of 38,400MT plastic waste
Consuming 12,500MT p.a. cotton & other waste minimizing environmental footprint
Empowering Community
Established Institutes and University
Renewable Energy
Water Consumption
5 plant locations, generating 18 MW of solar power
3 effluent treatment plants
Established NABH- certified hospital
5 MW wind energy facility
4 sewage treatment plants
31
Annexures
32
Our Strong Leadership
MR. R. P. SONI Chairman
DR. S. N. MODANI Vice Chairman
➢ 40 years in textiles; built one of the world’s largest yarn manufacturing businesses
➢ Started with 8 weaving machines;
known for strong business acumen
➢ Holds a Ph.D. in Strategic
Management along with M.Sc. and MBA
➢ Chairs RTMA since 2018; active in
FICCI and HRD initiatives
➢ Leads PV Suiting and Furnishing
business
➢ Expanded from Home Furnishing to Overseas Marketing roles
MR. V. K. SODANI Executive Director & CEO (Fabrics and Garment business)
➢ Leads finance and operations at
Sangam India Ltd.; drives strategy and expansion
➢ Oversees treasury with focus on sustainability and competitive advantage
MR. ANURAG SONI Managing Director
➢ Leads Yarn & Denim business at Sangam India; drives global growth and ESG strategy
➢ Launched C9 Airwear; focuses on retail,
MR. PRANAL MODANI CEO (Yarn & Denim Business)
innovation, and sustainable expansion
➢ B.Sc. (Maths) from Rajasthan University;
Fellow Chartered Accountant
➢ Over 35 years of management
experience across diverse industries
CA S. R. DAKHERA CFO
33
Well-Structured Board
MR. SUDHIR MAHESHWARI Independent Director
MRS. IRINA GARG Independent Director
MR. DINESH CHANDER PATWARI Independent Director
MR. UPENDRA PRASAD SINGH Independent Director
➢ With over 34 years of experience, he is the Founding and Managing Partner of Synergy Capital Corp. LLP, specializing in strategic and financial advisory.
➢ Previously served on the
Group Management Board of ArcelorMittal, where he held key leadership roles in Corporate Finance, Tax, and Risk Management.
➢ Served 35 years in the
➢ Served 36 years in the
Indian Revenue Service, retiring as Principal Chief Commissioner of Income Tax, Rajasthan under the Ministry of Finance.
➢ Holds a postgraduate
degree in Psychology and a PhD in Revenue Administration; completed an Executive Program at Wharton University, Pennsylvania.
Indian Revenue Service with a diverse career in income tax administration, including handling key investigations like the 1992 securities scam.
➢ Holds an MBA from IIM
Ahmedabad and completed a specialization in Treasury & Forex Management from ICFAI.
➢ Served over 37 years in the IAS (Odisha Cadre), retiring as Secretary, Ministry of Textiles, Government of India.
➢ Also held the position of Secretary, Department of Water Resources, River Development & Ganga Rejuvenation, Ministry of Jal Shakti, for over three years.
34
Historical Income Statement
Particulars (in Rs. Cr)
Revenue from Operations
Total Expenditure
EBITDA
EBITDA Margin %
Depreciation
Exceptional Items
Profit Before Interest & Tax
Interest
Profit Before Tax
Tax
Profit After Tax
Basic EPS (Rs)
Diluted EPS (Rs)
FY 20
1,798
1,629
169
9.4%
81
-
89
69
19
7
12
3.4
3.4
FY 21
1,369
1,237
132
9.6%
81
-
51
49
2
-2
4
1.0
1.0
FY 22
2,445
2,130
315
12.9%
70
12
233
48
185
43
142
32.2
32.1
FY 23
2,729
2,411
318
11.7%
79
26
213
54
159
29
130
29.4
27.3
FY 24
2,641
2,413
228
8.6%
97
7
124
71
53
13
40
8.2
8.2
*Note: 1. Revenue is inclusive of Other Incomes 2. Total Expenditure excluding Depreciation and Finance Cost
FY25
2,872
2,612
260
9.1%
114
7
139
95
44
12
32
6.3
6.3
35
Historical Balance Sheet
Particulars (in Rs. Cr)
FY 20
FY 21
FY 22
FY 23
FY24
FY25
Particulars (in Rs. Cr)
FY 20
FY 21
FY 22
FY 23
FY24
FY25
(a) Equity Share Capital
(b) Share Warrant
(c) Other Equity
Total Equity
Non-current Liabilities
Financial Liabilities
39
0
488
527
43
0
509
552
43
26
647
716
45
23
815
883
50
0
934
984
50
0
957
1007
Non-Current Assets
Property, Plant and Equipment
615
586
Right of Use Assets
Capital Work in Progress
Other Intangible Assets
Intangible Assets under development
(a) Borrowing
242
204
181
340
619
722
Financial Assets
(b) Lease Liability Other Non-Current Liabilities & Provisions Deferred Tax Liabilities (Net)
Total Non-Current Liabilities
Current Liabilities
Financial Liabilities
(a) Borrowings
(b) Lease Liabilities
(c) Trade Payables
(d) Other Financial Liabilities
Provisions
Other current liabilities Current Tax Liabilities Total Current Liabilities
0
0
49
291
359
0
115
117
18
13 0 622
0
0
49
253
385
0
116
74
17
10 0 603
2
0
38
221
426
1
287
132
19
18 4 887
1
10
35
0
36
19
2
44
22
(a)
Investments
(b) Other Financial Assets
Other Non-Current Assets
385
675
789
Total Non-Current Asset
484
2
227
137
23
19 0 892
446
1
427
145
37
0 15 1070
413
1
603
113
17
0 13 1159
Current Assets
Inventories
Investments
Trade Receivables
Cash and Cash Equivalents
Other financial assets
Current Tax Assets
Other current assets Assets Held for Sale Total Current Assets
Total Equity and Liabilities
1,441
1,409
1,824
2,161
2,729
2,955
Total Assets
0
6
1
4
6
10
6
648
373
0
292
14
50
4
61 0
0
9
5
0
0
10
6
615
376
0
280
10
55
6
66 0
595
3
74
4
0
1
26
54
757
528
0
376
22
61
0
72 8
720
2
223
1,004
1,273
1
219
3
172
3
0
1
2
3
1
31
114
27
115
2
6
1
35
77
1094
1,372
1,570
513
7
353
28
56
7
102 0
669
10
448
28
68
9
124 0
576
79
518
52
35
5
122 0
793
794
1067
1067
1,441
1,409
1,824
2,161
1,357
2,729
1,386
2,955
36
Thank you
Sangam (India) Ltd
Name: Mr. Arjun Agal Tel: +91 9252145210 Email: arjunagal@sangamgroup.com
Investor Relations: Go India Advisors
Name: Ms. Garima Singla Tel: +91 9780042377 Email: garima@goindiaadvisors.com