Sangam (India) Peer Comparison

NSE: SANGAMIND | BSE: 514234

₹609.60

₹8.00 (1.33%)

As on 16-Oct-2026IST

Market cap

₹3,060 Cr

Revenue (TTM)

₹3,305 Cr

P/E Ratio

25.2

P/B Ratio

2.7

Div. Yield

0.3 %

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	Sangam (India)	Nitin Spinners	Ganesha Ecosphere	AYM Syntex	Raj Rayon
Market cap (₹ Cr)	3,060	3,678	2,754	1,606	1,252
Revenue (₹ Cr)	3,305	3,296	1,568	1,390	1,124
Net Profit (₹ Cr)	121.50	211.83	56.60	18.77	34.78
Net Margin (%)	3.67	6.42	3.57	1.34	3.08
RoE (%)	12.05	14.92	4.45	3.23	23.73
Price to Earnings	25.19	17.36	48.75	85.54	35.99
Price-To-Book	2.74	2.38	2.11	2.72	9.05

Income Statement (₹ Cr)

	Sangam (India)	Nitin Spinners	Ganesha Ecosphere	AYM Syntex	Raj Rayon
Operating Revenue	3,234.53	3,213.87	1,481.66	1,365.12	849.38
Total Income	3,259.72	3,218.88	1,499.08	1,375.63	854.13
Total Expenditure	2,930.93	2,761.12	1,339.95	1,272.30	819.85
EBITDA	303.60	452.75	141.71	92.82	29.53
Depreciation	95.36	148.13	64.81	61.69	12.44
EBIT	208.24	304.62	76.90	31.13	17.09
Interest	113.95	70.86	40.32	32.02	13.58
Other Income	25.19	5.01	17.42	10.51	4.75
Exceptional Items	-6.64	--	--	--	--
Profit before Tax	112.84	238.76	53.95	9.62	8.26
Provision for Tax	30.23	61.21	15.74	3.07	-5.54
Profit after Tax	82.61	177.55	38.21	6.55	13.81

	Sangam (India)	Nitin Spinners	Ganesha Ecosphere	AYM Syntex	Raj Rayon
Shareholder's Funds	1,076.27	1,470.73	1,275.67	588.54	122.47
Minority Interest	--	--	--	--	--
Non-Current Liabilities	802.67	693.63	414.15	104.30	160.14
Current Liabilities	1,447.01	750.25	313.56	415.72	217.68
Total Liabilities	3,325.95	2,914.61	2,003.38	1,123.92	500.29

	Sangam (India)	Nitin Spinners	Ganesha Ecosphere	AYM Syntex	Raj Rayon
Non-Current Assets	1,718.79	1,768.15	1,182.30	632.15	318.60
Current Assets	1,607.16	1,146.46	820.84	476.40	181.69
Total Assets	3,325.95	2,914.61	2,003.38	1,123.92	500.29
Total Debt*	1,275.94	1,124.50	495.61	177.99	237.43
Net Current Assets	160.15	396.21	507.28	60.69	-35.99
Contingent Liabilities	89.20	132.71	65.16	11.63	--

	Sangam (India)	Nitin Spinners	Ganesha Ecosphere	AYM Syntex	Raj Rayon
Cash From Operating Activities	268.71	410.52	170.70	151.17	36.82
Cash Flow from Investing Activities	-272.09	-286.70	-158.16	-119.46	-83.18
Cash from Financing Activities	17.23	-127.94	-8.91	-45.15	47.36
Net Cash Inflow / Outflow	13.85	-4.13	3.64	-13.44	1.00

	Sangam (India)	Nitin Spinners	Ganesha Ecosphere	AYM Syntex	Raj Rayon
ROCE (%)	10.09	12.21	5.42	5.45	6.78
ROE (%)	7.93	12.76	3.20	1.13	15.28
ROA (%)	2.63	6.29	1.94	0.60	3.00
EBIT Margin (%)	10.17	14.24	10.74	7.57	4.04
Net Margin (%)	2.53	5.52	2.55	0.48	1.62
Cash Profit Margin (%)	5.50	10.13	6.94	5.00	3.09

	Sangam (India)	Nitin Spinners	Ganesha Ecosphere	AYM Syntex	Raj Rayon
Revenue Growth (%)	13.22	-2.78	1.09	-8.32	13.98
EBIT Growth (%)	26.45	-3.63	-30.36	-16.77	5.58
Net Profit Growth (%)	159.78	1.21	-62.94	-43.74	241.48
EPS Growth (%)	159.75	1.21	-64.79	-43.84	241.54
Book Value Growth (%)	6.90	12.17	14.45	1.34	17.15

	Sangam (India)	Nitin Spinners	Ganesha Ecosphere	AYM Syntex	Raj Rayon
Price / Earnings	25.30	10.89	59.76	161.13	79.75
Price / Book Value	1.94	1.31	1.79	1.81	11.30
Dividend Yield (%)	0.48	0.87	0.41	0.00	0.00
EV/EBITDA	10.04	6.66	16.70	11.79	39.54
Market Cap (₹ Cr)	2,089.51	1,932.82	2,283.69	1,055.10	1,101.05

	Sangam (India)	Nitin Spinners	Ganesha Ecosphere	AYM Syntex	Raj Rayon
Debt to Equity	1.19	0.76	0.39	0.31	1.94
Short term debt to equity ratio	0.43	0.27	0.10	0.16	0.47
Current Ratio	1.11	1.53	2.62	1.15	0.83
Quick Ratio	0.71	0.72	1.67	0.58	0.34
Interest Coverage	1.99	4.37	2.34	1.30	1.61

	Sangam (India)	Nitin Spinners	Ganesha Ecosphere	AYM Syntex	Raj Rayon
Debtors to sales (%)	19.70	13.44	13.35	9.81	3.36
Asset Turnover	1.03	1.14	0.75	1.26	1.84
Receivable days	65.15	48.92	45.43	35.41	13.94
Inventory Days	65.59	69.00	80.32	65.22	45.36
Payable days	24.31	17.63	31.44	52.05	65.98
Cash Conversion Cycle	106.43	100.29	94.31	48.59	-6.67

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.