Sangam India Ltd

Sangam India’s Q2FY26 Results: Revenue Up 16% YoY, PAT Surges 317% 📈

- Q2FY26 revenue at ₹785 Cr (+16% YoY); H1 revenue at ₹1,587 Cr (+15.4% YoY).

- Q2 EBITDA up 32% YoY to ₹76 Cr (9.6% margin); PAT surged 317% to ₹23 Cr.

- H1FY26 EBITDA at ₹146 Cr (+13% YoY, 9% margin); PAT up 27% to ₹25 Cr.

- Revised depreciation policy boosted H1 PBT by ₹2,528 lakh.

- US tariff hikes (up to 50%) impacted textile exports, but low US revenue concentration mitigated risks.

- Working capital days improved to 61 (from 80 in FY25) due to faster inventory turnover & better payables.

- Interest coverage ratio strengthened to 4.9x in Q2, reflecting strong debt servicing.

- Investing ₹11.42 Cr in 12 MW solar/wind capacity to cut costs & enhance sustainability.

- Integrated textile player serving Walmart, Primark, Jockey; expanding value-added products & operational efficiency.