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Sangam (India) Ltd
| Quarterly Financial Results Q3 FY 2025–26
Summary : Sangam (India) Limited reported strong Q3 and 9M FY26 financial performance with significant profit growth, an unqualified audit opinion, and a preliminary negligible impact from new labor codes.
Quarterly Report Analysis & Insights
Financial Disclosures
- Consolidated Cost of materials consumed (Q3 FY26): 43,262 Lakhs.
- Consolidated Employees benefits expense (Q3 FY26): 7,411 Lakhs.
- Consolidated Finance costs (Q3 FY26): 2,739 Lakhs.
- Consolidated Power & Fuel (Q3 FY26): 8,460 Lakhs.
- Consolidated Other Expenses (Q3 FY26): 8,802 Lakhs.
- Consolidated Revenue from Operations (Q3 FY26): 77,466 Lakhs.
- Consolidated Revenue from Operations (9M FY26): 2,35,061 Lakhs.
- Consolidated Other Income (Q3 FY26): 33 Lakhs.
- Consolidated Other Income (9M FY26): 1,167 Lakhs.
- Consolidated results include Sangam Ventures Limited (wholly owned subsidiary).
- Consolidated Q3 FY26 Total Income: 77,499 Lakhs; Standalone Q3 FY26 Total Income: 76,283 Lakhs.
- Consolidated Q3 FY26 Profit after tax: 2,447 Lakhs; Standalone Q3 FY26 Profit after tax: 2,410 Lakhs.
Corporate Overview
- Registered office in Bhilwara, Rajasthan, India.
- Assessing the final financial impact of new labor codes.
- Primarily engaged in textile manufacturing business.
- Factual and compliant, reporting financial results.
- Textile manufacturing is the sole business segment.
Risk Factors
- Final impact of new labor codes.
- High cost of materials consumed.
- Exposure to textile manufacturing segment.
- Fluctuations in power and fuel costs.
Key Drivers
- Significant profit after tax growth.
- Robust revenue from operations increase.
- Unqualified limited review report.
- Minimal impact from new labor laws.
Auditor’s Report
- Unqualified conclusion on the unaudited financial results.
- Assessment of financial impact from new labor codes.
- Attention drawn to Note 4 regarding new labor codes.
Board Commentary
- Potential financial impact of newly enacted labor codes.
- New labor codes enacted by the Central Government.
Corporate Governance
- Audit Committee reviewed the financial results.
Management Discussion & Analysis
Performance Drivers
- Significant increase in profit after tax for the quarter and nine months.
- Growth in revenue from operations year-on-year.
Risk Control Measures
- Preliminary review indicates negligible impact from new labor codes.
Critical Risks
- Uncertainty regarding final financial impact of new labor codes.