Sangam (india) Limited · NSE:SANGAMIND
Sangam (india) — Q3 FY26 Earnings Presentation
37 slides from Sangam (india)'s earnings presentation, Jan 21, 2026
Slide 1: Intimation to Stock Exchange – 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/2026 Date: 21st January, 2026 The Manager, The Manager, Department of Corporate Services, Department of Corporate Services, The National St
Slide 2: Sangam (India) Limited Earnings Presentation Q3 FY26
Sangam (India) Limited Earnings Presentation Q3 FY26
Slide 3: Disclaimer
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
Slide 4: Table of Content
Q3 & 9M FY26 Performance Table of Company Overview Content Strategic Updates Annexures 3
Slide 5: Q3 & 9M FY26 Performance
Value through values Q3 & 9M FY26 Performance
Slide 6: Management Commentary
Management Commentary Sangam (India) Ltd. delivered a strong Q3FY26 Q3FY26 9MFY26 performance, with revenue rising 3.2% YoY to Rs.775 crore, supported by resilient demand and disciplined execution. Revenue Rs. 775 Cr Rs. 2,362Cr Gross margin stood at Rs.331 crore, with margin percentage at 42.8% and
Slide 7: Historical Income Statement
Historical Income Statement Particulars (in Rs. Cr) Q3 FY26 Q3 FY25 YoY Q2 FY26 QoQ 9M FY26 9M FY25 YoY Revenue* 775 751 3.2% 785 -1.2% 2,362 2,126 11.1% Gross Margin 331 275 20.5% 314 5.5% 944 873 8.2% Gross Margin (%) 42.8% 36.6% 613 bps 40.0% 274 bps 40.0% 41.0% -108 bps EBITDA 85 61 39.3% 76
Slide 8: Interest Subsidies – Supporting Strong Debt Servicing Capability
Interest Subsidies – Supporting Strong Debt Servicing Capability Interest Subsidy For FY26 Debt Repayment Schedule (In Rs. Cr) 7.5 (In Rs. Cr) 123 125 124 6.6 109 4.2 74 3.7 Q1 Q2 Q3 Q4 FY 26 FY 27 FY 28 FY 29 FY30 Interest Coverage Ratio (x) Net Debt/ Equity (x) 1.2 4.9 1.1 1.0 1.1 3.9 0.9 0.8 1.7
Slide 9: Major Renewable Energy Boost
Major Renewable Energy Boost Agreement with CGE II Hybrid Energy Pvt. Ltd. EPC Contract with IB Vogt Solar India Pvt. Ltd. 12 MW additional hybrid Total annual savings projection 18 MW additional solar energy Total annual savings projection energy capacity is proposed – of ₹10 Crore capacity is prop
Slide 10: Key Triggers for the Textiles Industry
Key Triggers for the Textiles Industry Description Impact Mechanism Retail Inventory Retail inventories normalizing - US Shift from hand-to-mouth to seasonal ordering Normalisation inventory/sales ratio back to ~1.35x vs peak with capacity utilization improving and fixed cost bring ~1.7x in CY22 abs
Slide 11: Production Quantity & Capacity Utilization %
Production Quantity & Capacity Utilization % Green Fibre PV Fabric Denim Fabric Garment Yarn (MT) (MT) (Lakh Meter) (Lakh Meter) (Lakh pcs) 90% 93% 34% 91% 97% Q3FY26 Q3FY26 Q3FY26 Q3FY26 Q3FY26 144 132 14 23,636 3,787 94% 86% 18% 92% Q2FY26 Q2FY26 Q2FY26 Q2FY26 Q2FY26 145 112 9 24,470 82% 75% 92% 2
Slide 12: Consistent Growth Trajectory
Consistent Growth Trajectory Delivering Growth with EBITDA Expansion 39.3% YoY Growth 85 76 • EBITDA has improved 70 70 consistently over the last five 61 quarters, reflecting sustained operating discipline and margin- led execution. • This translates into a ~39% YoY EBITDA growth, reinforcing Sanga
Slide 13: Strategy and Outlook
Strategy and Outlook Vertical Integration: +14% Expanding share of VAP 260Cr 228Cr +9% Export Potential: Global Tailwinds 2,872Cr 132Cr 2,641Cr 1,369Cr Operational Synergy FY21 FY24 FY25 Indicators - Revenue EBITDA 12
Slide 14: Company Overview
Value through values Company Overview
Slide 15: Sangam: Fully-integrated Textiles Operations
Sangam: Fully-integrated Textiles Operations Strong Expertise: 40+ years of leadership in the textile industry, built India’s largest, fastest growing and most trusted brand in Textile Sector on integration, innovation, and quality Diverse & End-to-End Portfolio: Leading manufacturer of PV Dyed Yarn
Slide 16: Business Model
Business Model Knitting & Spinning Garmenting Weaving Produces cotton, PV, fancy, and Converts yarn into knitted and Uses seamless tech for C9 indigo yarns - catering to varied woven fabrics - denim, shirting, activewear, innerwear, and Overview fiber needs and fabric and performance knits - for sha
Slide 17: Textile Sector – Overview
Textile Sector – Overview Domestic Textile and Apparel Industry Textiles and Apparels Exports from India’s Textile Market Size (US$ Bn) in India (US$ Bn) India (US$ Bn) 350 250 100 223 160 197 125 165 37 35 75 37 FY21 FY22 FY23 FY30 (F) FY21 FY22 FY23 FY30 (F) FY23 FY24 FY25 FY30 (F) India’s textile
Slide 18: USPs/ Competitive Advantage
USPs/ Competitive Advantage Balanced Portfolio. Driving Margins High-Value Client 1 De-Risked 2 Through Strategic 3 Relationships Operations Value Addition Recognized Four Globally Recognized 4 5 Star Export Accreditations House 17
Slide 19: Balanced Portfolio. De-Risked Operations.
Balanced Portfolio. De-Risked Operations. Multi-Segment Presence (% of sales) Strong Domestic & Export Mix PV Yarn 2% 15% Cotton Yarn 26% Exports Denim Fabric 40% Domestic Domestic 28% Woven Fabic with 60% Exports processing 29% Garment PV Yarn 3% 20% 22% Cotton Yarn Exports 36% Domestic Denim Fabri
Slide 20: Driving Margins Through Strategic Value Addition
Driving Margins Through Strategic Value Addition Value Added Products and Gross Margin % 44% 45% 45% 43% 42% 42% 41% 40% 40% 1% 1% 1% 3% 40% 43% 45% 45% 45% 50% 53% 50% 50% 59% 56% 54% 55% 52% 50% 47% 50% 50% FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 9M FY26 Yarn Fabric and Garment Others Gross Profit
Slide 21: High-Value Client Relationships
High-Value Client Relationships 20
Slide 22: Globally Recognized Accreditations
Globally Recognized Accreditations QUALITY MANAGEMENT QUALITY MANAGEMENT SOCIAL ACCOUNTABILITY SYSTEMS CERTIFICATIONS SYSTEMS CERTIFICATIONS STANDARDS GLOBAL RECYCLED ORGANIC CONTENT GLOBAL ORGANIC TEXTILE STANDARD STANDARD STANDARD 21
Slide 23: Recognized Four Star Export House
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 22
Slide 24: Strategic Updates
Value through values Strategic Updates
Slide 25: Strategic Backward Integration for a Sustainable Value Chain
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, unlock
Slide 26: Yarn - Improving The Mix
Yarn - Improving The Mix Key Highlights Performance & Features Leader in PV dyed yarn in India Yarn (as a % of Revenue) 42 Export yarn to 33+ countries. Established Distribution Network 39 34 34 29 26 23 Yarn Produced: Cotton & PV Dyed. Manufacturer of 100% 16 18 16 18 cotton Yarn, Core Spun Yarn, E
Slide 27: Denim Fabric – Revenue increased 2.1x in 6 years
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 Denim Fabric (as a % of Revenue) Producers of wide range of denim fabric ranging from 4Ozs to 15Ozs 28 29 26 2
Slide 28: Synthetic Fabric – Significant Market Share
Synthetic Fabric – Significant Market Share Key Highlights Performance & Features One of the largest exporter and market leader of PV fabric in country Synthetic Fabric with Processing (as a % of Revenue) Significant market share in processing PV, PV Lycra, PVW, Polyester 21 22 22 22 woolen & 100% w
Slide 29: Garment – Revenue increased 2.4x in 6 years
Garment – Revenue increased 2.4x in 6 years Key Highlights Performance & Features India’s largest manufacturers of Seamless Garments- C9 Garment (as a % of Revenue) Athleisure wear, Intimate wear and Casual Wear 3 3 3 3 2,000+ touch points. 2 2 Cutting edge machinery sourced from Santoni, Italy Prod
Slide 30: Strategic Priorities
Strategic Priorities Value-Added Operational Technology & Working Capital Customer Centricity Product Expansion Efficiency Automation Accelerate shift to fabrics, Deploy automation, digitization, Optimize working capital Ensure quality, design agility, and seamless wear & branded and green energy to
Slide 31: Significant Focus on Sustainability and CSR
Significant Focus on Sustainability and CSR Recycle Empowering Renewable Energy Water Consumption Community 30,000MT p.a. of recycled fiber comes Established 5 plant locations, 3 effluent through recycling of Institutes and generating 18 MW of treatment 38,400MT plastic waste solar power plants Univ
Slide 32: Annexures
Value through values Annexures
Slide 33: Our Strong Leadership
Our Strong Leadership ➢ 40 years in textiles; built one of the ➢ Leads finance and operations at world’s largest yarn manufacturing Sangam India Ltd.; drives strategy businesses and expansion ➢ Started with 8 weaving machines; ➢ Oversees treasury with focus on sustainability and competitive MR. R. P
Slide 34: Well-Structured Board
Well-Structured Board MR. SUDHIR MAHESHWARI MRS. IRINA GARG MR. DINESH CHANDER PATWARI MR. UPENDRA PRASAD SINGH Independent Director Independent Director Independent Director Independent Director ➢ With over 34 years of ➢ Served 35 years in the ➢ Served 36 years in the ➢ Served over 37 years in the
Slide 35: Historical Income Statement
Historical Income Statement Particulars (in Rs. Cr) FY20 FY21 FY22 FY23 FY24 FY25 Revenue from Operations 1,798 1,369 2,445 2,729 2,641 2,872 Total Expenditure 1,629 1,237 2,130 2,411 2,413 2,612 EBITDA 169 132 315 318 228 260 EBITDA Margin % 9.4% 9.6% 12.9% 11.7% 8.6% 9.1% Depreciation 81 81 70 79
Slide 36: Historical Balance Sheet
Historical Balance Sheet Particulars (in Rs. Cr) FY20 FY21 FY22 FY23 FY24 FY25 Particulars (in Rs. Cr) FY20 FY21 FY22 FY23 FY24 FY25 (a) Equity Share Capital 39 43 43 45 50 50 Non-Current Assets (b) Share Warrant 0 0 26 23 0 0 Property, Plant and Equipment 615 586 595 720 1,004 1,273 (c) Other Equit
Slide 37: Thank you
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