Sangam (India) Ltd

Sangam (India) Ltd

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OVERVIEW
FINANCIALS

About

Sangam India Limited is an Indian textile conglomerate with an annual consolidated turnover of ₹2,400 cr. With 5 production units spread across the Bhilwara district in Rajasthan, Sangam India is among the largest producers of polyester viscose (PV) yarn at a single location. In addition to the PV yarn, the synthetic fibre division of the company produces polyester, cotton, polyester woollen, and polyester viscose lycra. Under the yarn business vertical, Sangam Spinners, its flagship division, is the largest polyester viscose dyed yarn producer in South Asia. It boasts a 77,000 metric tonne per annum production capacity of cotton, blended polyester, and viscose dyed yarn with over 236,000 spindles and 2300 rotors. Sangam India has diversified into producing denim fabrics and garments as well. The company exports to 58 countries across the globe, making it one of India’s largest textile exporters.

Incorporation Year: 1984
Headquarters: Bhilwara
Top Management: Ram Pal Soni
Industry: Textiles & Garments

Featured In Fortune India Ranking

Next 500 India
#86(2024)#34(2023)#146(2022)#18(2021)#58(2020)#65(2019)#43(2018)#45(2017)#60(2016)#80(2015)
#86(2024)#34(2023)#146(2022)#18(2021)#58(2020)#65(2019)#43(2018)#45(2017)#60(2016)#80(2015)
Ranking Trend Fortune Next 500 India

Financial Data 2024

Revenue
2,664
(INR Cr)
Net Operating Income
2,628
(INR Cr)
Assets
2,069
(INR Cr)
Profit
41
(INR Cr)
Net Worth
984
(INR Cr)

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Revenue
(INR Cr)
2664
-5.7%
2824
13.9%
2481
85.0%
1341
-25.9%
1810
-3.2%
1869
10.2%
1696
2.3%
1658
6.9%
1551
4.3%
1487
2.1%
1457
-3.4%
1508
6.6%
1414
15.7%
1223
42.1%
861
15.4%
746
-
Net Operating Income
(INR Cr)
2628
-3.11%
2712
11.26%
2438
79.38%
1359
-24.08%
1790
-4.45%
1874
14.43%
1637
2.88%
1591
0.00%
1504
2.43%
1469
2.52%
1433
-3.13%
1479
4.35%
1417
20.97%
1172
37.46%
852
13.90%
748
7.92%
Profit
(INR Cr)
41
-68.7%
131
-6.7%
140
3224.0%
4
-68.3%
13
0.4%
13
-53.8%
29
-45.9%
53
-31.3%
77
49.4%
52
27.3%
41
-21.1%
51
200.4%
17
-69.8%
57
230.0%
17
-
-16
-
Assets
(INR Cr)
2069
20.3%
1720
29.7%
1326
16.2%
1142
-2.8%
1175
-4.3%
1228
-5.5%
1299
8.2%
1200
10.3%
1088
10.1%
989
7.1%
923
-4.0%
962
-1.3%
974
1.7%
958
8.6%
882
1.4%
870
-
Net Worth
(INR Cr)
984
11.5%
883
23.4%
716
29.6%
552
4.8%
527
1.2%
521
1.8%
512
4.0%
492
0.0%
439
18.2%
372
12.2%
331
11.3%
298
18.2%
252
5.2%
240
26.2%
190
7.1%
177
-8.3%
Employee Cost
(INR Cr)
258
11.5%
231
15.1%
201
34.3%
150
-22.2%
192
1.2%
190
8.3%
176
9.8%
160
14.3%
140
17.9%
119
12.7%
105
11.7%
94
13.8%
83
22.6%
68
17.5%
58
17.9%
49
-
Interest Cost
(INR Cr)
71544849696763646467666967564851
Cash & Bank Balance
(INR Cr)
2828221014126443891078
Total Debt
(INR Cr)
1066826610590648707787708649617592664722719693693

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Profit As % Of Revenues 1.5%4.6%5.6%0.3%0.7%0.7%1.7%3.2%5.0%3.5%2.8%3.4%1.2%4.6%2.0%-
Profit As % Of Assets 2.0%7.6%10.6%0.4%1.1%1.1%2.2%4.4%7.1%5.2%4.4%5.3%1.8%5.9%1.9%-
Profit As % Of Networth 4.2%14.8%19.6%0.8%2.5%2.5%5.6%10.8%17.5%13.9%12.2%17.2%6.8%23.6%9.0%-
Interest Cost to EBITDA % 34.2%19.6%16.2%40.4%42.6%41.8%50.4%36.6%28.3%32.2%35.1%33.0%45.0%28.9%36.8%71.7%
Debt to Equity Ratio 1.080.940.851.071.231.361.541.441.481.661.792.232.873.003.653.91
RONW 4.4%18.1%22.2%1.5%2.5%2.6%5.6%10.8%19.0%14.7%12.9%18.7%8.9%26.4%9.3%-
ROCE 6.6%15.2%18.8%4.3%7.4%6.9%5.7%10.4%16.8%14.6%13.5%14.8%10.3%15.2%8.4%2.2%