Sangam India Ltd

📈 Sangam India Hits Record ₹803 Cr Revenue in Q1 FY26, Expands Capacity Amid Global Demand Surge

- Record Q1 FY26 revenue: ₹803 crore (+15% YoY), though PAT fell 85% to ₹2 crore.

- Gross margin at 37.2% (₹298 crore), EBITDA margin at 8.8% (₹70 crore), pressured by raw material costs.

- ₹160 crore synthetic fabric expansion to boost weaving capacity to 52 MMPA by Q2 FY26.

- Major order from Gelmart (Walmart supplier); clients include Primark, Jockey, Decathlon.

- Exports to 50+ countries; India’s textile exports eye $100 billion by 2030.

- Growth drivers: Sportswear/athleisure demand, C9 brand expansion, denim JV for supply chain control.

- Sustainability: 17 MW solar + 5 MW wind plants align with eco-friendly fashion trends.

- Revenue grew from ₹1,798 crore (FY20) to ₹2,872 crore (FY25); EBITDA margins historically 8.6%-12.9%.

- Leadership: Founder Ram Pal Soni and MD Anurag Soni helm the integrated textile player.