SANGAMIND

SANGAM (INDIA) LIMITED CIN : L17118RJ 1984PLC 003173 E-mail :secretarial@sangamgroup.com Website :www.sangamgroup.comI Ph : +91-1482-245400-06 Ref: SIL/SEC/2023-24 Date:28thApril, 2023 The Manager The Manager, Department of Corporate Services Department of Corporate Services, The National Stock Exchange of India Ltd. Bombay Stock Exchange Ltd. Exchange Plaza, 5th Floor, Phiroze Jeejeebhoy Towers Plot No. C/1, G Block 25th Floor, Dalal Street, Bandra Kurla Complex, Bandra (E) MUMBAI-400 001 Mumbai–400051 Scrip Code: 514234 Scrip Code: 5251 Dear Sir/Madam, Subject: Intimation to Stock Exchange – Investor Presentation in connection with Audited FinancialResultsforquarter and year ended 31stMarch, 2023. 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 Audited Financial Results for quarter and year ended 31st March, 2023. Kindly take the above on your record. Thanking You. For Sangam (India) Limited A.K. Jain Company Secretary FCS–7842 Encl.:As above Registered Office:Sangam House, Atun, Chittorgarh Road, Bhilwara-311001 (Raj.) INDIA SANGAM (INDIA) LIMITED INVESTOR PRESENTATION April 28, 2023 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.” 2 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) : 96,150 MT • Fabric Production (Denim & PV fabric) : 80.4 MMPA • Fabric Processing : 72 MMPA • Knitted Fabric : 5,500 MTPA • Garments : 5.6 MPPA PV blended PV/denim fabric Fabric processing Garments dyed/grey/cotton yarn 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 PolyViscose DyedYarns in South EastAsia,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 IntimateWear, ActiveWear, YogaWear,ShapeWear and LeisureWear for women. 4 Sangam (India) Limited Vision & Mission Statement At Sangam, we strive to To maximise customer Commitment: We are committed to foster trusted client relationships and to enhance build enterprises driven value and expand stakeholders’ value. We enable others to trust us by delivering on our accountabilities and by excellence which customer base with stand by decisions when they are made. We maximises customer focus on consumer expect to follow ethical business practices with complete transparency and open satisfaction and create business segment while communication. : value for all : keeping pace with : Integrity: We carry our responsibilities in n n s honest and trustworthy manner. We expect to stakeholders. changes in external e o o uphold high standard of conduct and to have u i i environment. integrityin all ourthoughtsand actions. s s l i s a Professionalism: We expect to conduct V i V ourselves in professional manner even in the M mostchallenging circumstances. r Quality: Our endeavour is to provide high u quality products and adhere to world-class O On the back of our resilient business standards. model and operational efficiencies, we Adaptability: We remain steadfastly continued to drive value for our adaptabletochanging dynamicenvironment. stakeholders during the year.We remained steadfast on delivering the best quality and sustainable textile solutions, leading to a better tomorrow for everyone. R.P.Soni 5 Sangam (India) Limited Board of Directors Names of the Designation Brief Directors Shri R. P. Soni He is the Promoter and founder of Sangam group and has more than 50 years of rich experience in textile, civil and other Chairman 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 hasset upHospital,School,Universityundervarious trusts. Dr.S. N. Modani He is responsible for managing the Yarn and Denim Business of SIL. He holds a Masters in Science (M. Sc.), with Honours Managing Director & in Chemistry, as well as an MBA and is associated with the textile industry since 1989. He is presently Chairman of CEO Rajasthan Textile Mills Association & director in Confederation of textile industry “CITI”. He is awarded doctorate in strategic managementpractices forSustainableFutureby Sangam University. Shri Vinod Kumar Sodani He is responsible for managing the weaving of Poly Viscose Fabric, the Processing Division and manufacturing of Seamless Executive Director Garments.Heisa B.Com.graduate and has completedhisCharteredAccountancy. ShriAnurag Soni He is a commerce graduate and completed MS in Finance. He is entrusted with the responsibility overall finance & Whole Time Director & treasury management and streamliningoperationsfor sustainablebusinessgrowth. CFO Shri Achintya Karati Having more than 51 years of work exp, worked in ICICI Ltd/ICICI Bank Ltd. holding responsible business development Independent Director positions, head of Major Client Group - North and finally taking charge as Country Head of Government and Institutional SolutionsGroup. Shri Tapan Kumar Having more than 48 years of work exp and worked as Chief General Manager and Country Head (Administration & Independent Director Premises)in hisprevious assignment withfrom IDBI BANKand also heldon various SeniorExecutivePositions. Mukhopadhyay Smt. Jyoti Sharma She worked as Senior Vice President with Banking Codes and Standards Board of India since August 2015. Her forte is Independent Director Corporatefinance,resources mobilisationand monitoringofstressed assets. ShriYaduvendra Mathur He was Officer of the Indian Administrative Service and retired in the year 2019 from the rank of Secretary to Govt. of Independent Director 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,IRSand hewas also associated withAfrican DevelopmentBank. Shri Sudhir Maheshwari He is Founder and Managing partner at Synergy Capital, a Private Equity and strategic advisory firm. He is a B. Com. Independent Director graduate and has completedhisCharteredAccountancy &CompanySecretary . 6 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 Assets Production Capacity 271440 Spindles & 2,568 Spinning 96,150 MT PA Rotors Weaving 229 Weaving Machines 32.4 Million Meter Fabric PA Denim 5 Processing lines & 295 Looms 48 Million Meter Fabric PA Processing 7 Stenters-42 chambers 72 Million Meter PA Circular Knitting 26 Machines 5,500 MT PA Seamless Knitting 58 Machines 5.6 Million Pieces PA Thermal Power 2 Plants 16.0 MW Solar Power 4 Plants 13.0 MW Wind Power 4 windmills 5.0 MW 7 Sangam (India) Limited Major Milestones Converted to Public limited as Capacity expansion by 11,520 Capacity expansion by 26,592 ‘Sangam (India) Limited, raised fund spindles to spinning capacity and 3.8 spindles and 10 MW Coal based through first IPO of 3.2 Mn shares MW Captive power plant thermal power plant @ Rs15 each 1984 1995 2000 2006 1993 1998 2003 Incorporated as a Private Limited Capacity expansion by 8,640 Company by Mr R. P. Soni & started Backward integration into spinning spindles, 16 weaving machines and Amalgamation of SPBL Limited (A operations with 8 weaving machines. (Installed 17,280 spindles for PV 1.9 MW Captive power plant process house) with the Company dyed yarn) 8 Sangam (India) Limited Major Milestones (contd.) Expansion in weaving/ processing Installation of balancing Expansion by 26,736 spindles for Expansion by 32832 spindles for unit at village Atun machineries on its existing units manufacturing of PV dyed yarn at manufacturing of cotton yarn Soniyana , 74 weaving machines at sareri unit, 2009 2013 2015 2018 2011 2014 2016 2022 Major Expansion by 1.13 Lakhs Expansion of denim unit, process Garment Unit 36 Machines, 10,080 spindles, 130 weaving & 12 knitting unit, texturizing yarn, open end yarn, spindles and 56 weaving machines Installed one Rope dyeing unit (24 machines and captive thermal knitting unit Rope) and 78 looms at Denim power plant of 6 & 15 MW unit 9 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 Cotton open end Cotton spun yarn dyed/grey yarn yarn Synthetic blended Texturized yarn Denim fabric fabric Cotton knitted Fabric processing Garments fabric 10 Sangam (India) Limited Textile Value Chain Nature/ Weaving/ Ginning Spinning Processing Stitching Man Made Knitting Raw Processed Garment / Fiber Yarn Fabric Material Fabric Apparel Polyester, Viscos, Cotton, etc. Man Made PV & PC textiles Wool Woollen textiles Silk Silk textiles Jute Jute textiles Other Synthetic & Technical Material Technical textiles Fiber & Yarn Segment Fabric & Apparel Segment 11 Sangam (India) Limited Manufacturing Facilities Biliya Kalan, Atun, Bhilwara: Atun, Bhilwara : Bhilwara: Soniyana, Sareri, Bhilwara: Seamless Weaving, Spinning Plant Chittorgarh Spinning Plant Garment Unit Processing & Unit-I, Denim Spinning Plant Unit-II Garment Plant Weaving & Unit-III Processing Plant Company has five manufacturing facilities located at Bhilwara and Chittorgarh in Rajasthan. 12 Sangam (India) Limited Executive Summary: Quarterly Results Revenue Export Sales for Q4 FY23 is INR 200 cr & Domestic Sales for Q4 FY23 Company's revenue for Q4 FY23 is INR 688 cr against the is INR 488 cr and total Export sales for the year ended FY 22-23 is previous quarter revenue of INR 605 Q3 FY23 INR 756.1 cr against total export sales for the year FY 21-23 is INR Gross revenue for the FY 22 -23 is INR 2715 cr against the 921 cr. FY 21-22 is INR 2438 cr with a growth of 11% over the Total domestic sales for the year ended FY 22-23 is INR 1959.2 cr YoY, whereas Fabric division sees the revenue growth of against total export sales for the year FY 21-23 is INR 1516.5 cr. 25% of YOY. EBITDA Rating Company's EBITDA for Q4 FY23 is INR 76 cr and Total Company is rated A with Stable outlook in the current EBITDA for the year 22-23 is INR 319 cr against last year year from negative outlook in the current year by India total EBITDA is INR 315 cr, growth over 1% YoY rating for long term debt stable and A1 for short term lendingbased on FY22 dated 24.03.2022. 13 Sangam (India) Limited Quarterly Result Snap Shots INR Cr REVENUE (INR Cr) EBITDA (INR Cr) FY22,Q4 FY23,Q4 FY22,Q4 FY23,Q4 -8% YOY -29% YOY 746 688 107 76 CASH PROFIT (INR Cr) PAT (INR Cr) FY22,Q4 FY23,Q4 FY22,Q4 FY23,Q4 -28% YOY -39% YOY 93.1 66.6 54 33 14 Sangam (India) Limited Business Segments Quarterly Trend Yarn (MT) PV Fabric (Lakh Meter) Denim Fabric (Lakh Meter) Garment (Lac Pcs) N 111.5 13.3 O 18,293.5 19,507.4 20,108.2 20,906.6 79.2 76.3 106.0 91.7 12.0 11.0 16,489.6 71.1 9.5 I T 61.0 62.4 74.0 72.0 8.0 C U D O R P March-22 June-22 Sep-22 Dec-22 March-23 March-22 June-22 Sep-22 Dec-22 March-23 March-22 June-22 Sep-22 Dec-22 March-23 March-22 June-22 Sep-22 Dec-22 March-23 Qtr. Qtr. Qtr. Qtr. Qtr. Qtr. Qtr. Qtr. Qtr. Qtr. Qtr. Qtr. Qtr. Qtr. Qtr. Qtr. Qtr. Qtr. Qtr. Qtr. Yarn (MT) PV Fabric (Lakh Meter) PV Fabric Purchase(Lakh Prod/ Purchase Meter) Finished sale Trading 137.0 15,858.6 15,059.2 13.4 12,690.0 12,974.0 11.3 107.0 11,756.4 13.4 10.2 10.4 87.8 92.0 S E 10.2 68.2 L 5.9 11.3 5.9 A 123.6 10.4 96.9 S 81.9 80.7 57.8 March-22 June-22 Sep-22 Dec-22 March-23 March-22 June-22 Sep-22 Dec-22 March-23 March-22 June-22 Sep-22 Dec-22 March-23 March-22 June-22 Sep-22 Dec-22 March-23 Qtr. Qtr. Qtr. Qtr. Qtr. Qtr. Qtr. Qtr. Qtr. Qtr. Qtr. Qtr. Qtr. Qtr. Qtr. Qtr. Qtr. Qtr. Qtr. Qtr. * FY 2022-23 Total Yarn Production is 77011.8 MT in which total Captive consumption is 24387.6 MT i.e 31.67% 15 Sangam (India) Limited Financial Highlights INR Cr Revenue from operations EBITDA PAT 2,715.3 315.0 319.0 140.2 134.5 2,438.0 1,874.0 1,783.0 171.0 170.0 1,363.0 133.0 16.0 13.0 5.0 FY 2018-19 FY 2019-20 FY 2020-21 FY 2021-22 FY 2022-23 FY 2018-19 FY 2019-20 FY 2020-21 FY 2021-22 FY 2022-23 FY 2018-19 FY 2019-20 FY 2020-21 FY 2021-22 FY 2022-23 16 Sangam (India) Limited Historical Financial Highlights INR Cr Revenue from operations EBITDA PAT 2,715.3 315.0 319.0 140.2 134.5 2,438.0 1,874.0 1,783.0 171.0 170.0 1,363.0 133.0 16.0 13.0 5.0 FY 2018-19 FY 2019-20 FY 2020-21 FY 2021-22 FY 2022-23 FY 2018-19 FY 2019-20 FY 2020-21 FY 2021-22 FY 2022-23 FY 2018-19 FY 2019-20 FY 2020-21 FY 2021-22 FY 2022-23 ROCE ROE Net Worth 887.0 24.23% 19.69% 712.0 15.17% 17.20% 560.0 527.0 533.0 11.10% 11.74% 7.35% 3.04% 2.44% 0.89% FY 2018-19 FY 2019-20 FY 2020-21 FY 2021-22 FY 2022-23 FY 2018-19 FY 2019-20 FY 2020-21 FY 2021-22 FY 2022-23 FY 2018-19 FY 2019-20 FY 2020-21 FY 2021-22 FY 2022-23 17 Sangam (India) Limited Market Wise Sales Chart INR Cr Domestic Sales Exports Sales 600.0 538.4 494.7 487.4 500.0 434.4 438.7 428.1 420.3 400.0 356.4 312.0 300.0 233.7 214.6 218.1 218.6 200.3 200.0 176.7 170.9 166.3 139.1 100.0 - Mar-21 Qtr. June-21 Qtr. Sep-21 Qtr. Dec-21 Qtr. March-22 Qtr. June-22 Qtr. Sep-22 Qtr. Dec-22 Qtr. March-23 Qtr. 18 Sangam (India) Limited Market wise sales chart in % Geographical % Sales Distribution 100% 90% 24% 28% 31% 27% 29% 34% 34% 80% 43% 42% 70% 60% 50% 40% 76% 72% 69% 73% 71% 66% 66% 30% 57% 58% 20% 10% 0% Mar-21 Qtr. June-21 Qtr. Sep-21 Qtr. Dec-21 Qtr. March-22 Qtr. June-22 Qtr. Sep-22 Qtr. Dec-22 Qtr. March-23 Qtr. Domestic Sales Exports Sales 19 Sangam (India) Limited Market wise Yearly sales chart Domestic Sales Exports Sales Domestic Sales Exports Sales 74% 74% 72% 69% 1958 62% 1517 1379 1313 38% 31% 931 921 28% 26% 26% 757 495 470 423 FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23 FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23 20 Sangam (India) Limited Income Statement: Q4 FY 2023 (standalone) INR Lakhs 21 Sangam (India) Limited P In R E C O O O E E F C C D P T E P O C P E C a r t ic u la r s c o m e e v e n u e fr o m O p e r a x p e n s e s O G S p e r a t in g P r o f it p e r a t in g P r o f it M a th e r in c o m e B IT D A B IT D A M a r g in in a n c e c o s ts a s h P r o f it a s h P r o f it M a r g in e p r e c ia tio n a n d a m r o f it B e f o r e T a x a x e x p e n s e : x c e p tio n a l Ite m r o f it A f t e r T a x th e r C o m p r e h e n s iv o m p r e h e n s iv e In c a id - u p E q u ity S h a r e a r n in g p e r S h a r e a s h E P S tio n s r g in % o r tis a tio e In c o m o m e f o C a p ita n e x p e /( L o r t h e l e s p n s e s e ) r io d 3 1 .0 3 .2 3 6 8 ,7 7 5 4 ,6 0 1 4 ,1 7 2 0 .6 5 7 7 ,6 1 1 1 .1 9 5 6 ,6 6 9 .7 1 2 8 5 3 8 2 8 1 7 7 5 1 0 3 3 3 4 5 0 1 1 .4 1 4 .7 0 1 0 % 4 8 % 5 3 % 2 1 1 3 0 6 3 5 9 9 Q u a r t e r 3 1 .1 2 .2 2 6 0 ,5 0 0 4 9 ,6 7 9 1 0 ,8 2 1 1 7 .9 % 3 9 9 6 ,3 2 5 1 0 .5 % 1 ,3 3 3 4 ,9 9 2 8 .3 % 2 4 8 0 2 5 1 2 1 8 6 4 8 1 2 3 2 6 3 2 1 8 7 7 4 5 0 5 5 .3 1 1 .1 E n d e d 3 1 .0 3 .2 2 7 4 ,6 3 5 6 ,0 2 1 8 ,6 1 2 4 .9 - 7 1 0 ,6 9 1 4 .3 1 ,1 2 9 ,5 7 1 2 .8 1 4 9 8 0 7 1 4 2 1 2 2 6 6 5 ( 1 5 5 2 0 4 3 4 1 5 .1 2 2 .0 5 0 5 % 8 9 % 3 6 % 8 8 3 9 5 4 1 2 6 5 ) Y o Y Q t r - - - - - - - - - 2 2 3 3 2 2 3 8 3 4 9 0 3 3 4 3 % % % % % % % % % 3 1 .0 3 .2 3 2 ,7 1 ,5 3 0 2 ,1 4 ,7 9 7 5 6 ,7 3 4 2 0 .9 % 1 ,7 4 7 3 1 ,9 0 2 1 1 .7 % 5 ,3 6 1 2 6 ,5 4 1 9 .8 % 7 8 1 7 1 8 7 2 4 2 6 9 5 2 5 7 5 1 3 4 5 4 8 8 1 3 5 4 2 4 5 0 5 3 6 .1 5 8 .9 F o r Y e a r E n d e 3 1 .0 3 .2 2 2 ,4 3 ,7 7 6 1 ,8 6 ,0 6 0 5 7 ,7 1 6 2 3 .7 % 7 1 6 3 1 ,4 8 0 1 2 .9 % 4 ,7 8 0 2 6 ,7 0 0 1 1 .0 % 7 0 3 4 1 9 6 6 6 4 3 4 4 1 3 0 0 1 4 0 2 2 1 0 4 1 4 1 2 6 4 3 4 2 3 5 .1 6 1 .5 d Y o Y P e r io d 1 1 1 5 - 2 1 1 2 - 1 1 1 - 5 - 4 3 - 4 % % % % % % % % % % % Balance Sheet : Q4 FY 2023 (standalone) INR Lakhs For the Year Particulars 31.03.2023 31.03.2022 ASSETS Non-Current Assets Property, Plant and Equipment 65,013 59,475 Capital Work-in-Progress 21,672 7,098 Other Non-Current Assets 19,028 9,049 Total Non-Current Assets 1,05,713 75,622 Current Assets 1,05,532 1,06,604 Inventories 50,959 52,797 Investments 686 Trade Receivables 35,236 37,643 Cash & Bank Balance 2,793 2,126 Other Current Assets 15,858 14,038 Total Assets 2,11,245 1,82,226 EQUITY AND LIABILITIES Total Equity 88,740 71,621 Non-Current Liabilities 36,688 22,060 Borrowings 32,366 18,055 Lease Liability 57 219 Other Financial Liabilities 1,011 Deferred Tax Liabilities (Net) 3,254 3,786 Current Liabilities 85,817 88,545 Borrowings 48,420 57,984 Trade Payables 22,415 13,370 Other Current Liabilities 14,982 17,191 Total Equity and Liabilities 2,11,245 1,82,226 22 Sangam (India) Limited Cash Flow Statement : Q4 FY 2023 (standalone) INR Lakhs Particulars 31.03.2023 31.03.2022 Cash Flow from Operating Activities Net Profit Before Tax 1 6,149 1 8,436 Depreciation and Amortisation Expense 7 ,817 7 ,034 Finance Costs 5 ,361 4 ,780 Other Items 1,296 1,855 Operating Profit before working capital changes 30,623 32,105 Movements in Working Capital -6,935 -2,718 Cash Generated from Operations 23,688 29,387 Taxes Paid / (Refund) (Net) 4,342 4,540 Net Cash Inflow / (Out Flow) from Operating Activities 19,346 24,847 Cash Flow from Investing Activities Purchase of Fixed Assets -31,865 -20,104 Sale of Fixed Assets 1 ,823 8 65 Other Items -3,204 -431 Net Cash Inflow / (Outflow) from Investing Activities - 33,246 - 19,670 Cash Flow from Financing Activities Proceeds from issue of Share/ Warrant -225 2,000 Net/Repayment of Long Term Borrowings 14,311 -2,384 Increase / (Decrease) in Short- Term Borrowings 5 ,806 9 87 Finance Costs -5,331 -4,796 Dividend Paid (Including Tax on Dividend) -893 -433 Net Cash Inflow / (Out Flow) from Financing Activities 1 4,568 - 4,061 Net Increase/(Decrease) in Cash & Cash equivalents 6 67 1 ,116 Cash and Cash Equivalents at the Beginning 2126 1006 Add: Upon Amalgamation of Subsidiary Company 4 Cash and Cash Equivalents at the End 2793 2126 23 Sangam (India) Limited 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 Quarter 2 FY 23-24 . 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 is Oct 23 4. PV Fabric Expansion Project I : company has envisaged further expansion in weaving unit with project out lay of 108cr, putting 67 new advance technology looms and expected COD is Oct 23. 5. PV Fabric Expansion Project II : company has envisaged further expansion in weaving unit with project out lay of INR178 cr, and expected COD in Q3 2024. 6. Yarn Expansion Project : company has envisaged further expansion in Spinning unit with project out lay of 327cr, putting 9120 Spindles in cotton yarn & 2400 Open End Rotors and expected COD in Q2 2025. 24 Sangam (India) Limited Shareholding Pattern As on 31.03.2023 March-23 Dec-22 30% 30% 70% 70% Promoters FIIs DIIs Public Promoters FIIs DIIs Public Sep-22 Jun-22 30% 39% 61% 70% Promoters FIIs DIIs Public Promoters FIIs DIIs Public 25 Sangam (India) Limited SANGAM : External Credit Rating Rating Issued on 23.03.2022 Name of the Rating India Ratings and Research Pvt. Limited (A Fitch Group Company) Agency : 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 Date Long Term Facilities Short Term Facilities 03.02.21 Ø Affirmed at ‘IND A’ Outlook Stable Ø Affirmed at ‘IND A1’ 11.12.19 Ø Affirmed at ‘IND A’ Outlook Negative Ø Affirmed at ‘IND A1’ 29.11.18 Ø Downgraded to ‘IND A’ Ø Affirmed at ‘IND A1’ 13.10.17 Ø Affirmed at ‘IND A+’ Ø Downgraded to ‘IND A1’ 26.10.16 Ø Affirmed at ‘IND A+’ Ø Affirmed at ‘IND A1+’ 01.10.15 Ø Upgraded to ‘IND A+’ Ø Upgraded to ‘IND A1+’ 13.09.14 Ø Upgraded to ‘IND A-’ Ø Upgraded to ‘IND A1’ 04.12.13 Ø Upgraded to ‘CARE BBB+’ Ø Upgraded to ‘CARE A2’ 26 Sangam (India) Limited