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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Sangam (India) Limited is an India-based textile manufacturing company. The Company is principally engaged in the business of manufacturing and selling of synthetic blended, cotton & texturized yarn, fabrics, denim fabrics and readymade seamless garments. Its yarn products…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, stagnant business, reasonably priced.
Sangam (India) is scored on the general / industrial framework. It keeps a thin 2.5% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 3.25× reported profit. Free cash flow is worth about -0.1% of its market value.
Over the last 3 years revenue compounded at 6%/yr and profit at -14%/yr. Book value has grown 7%/yr. Return on equity is a healthy 12.7%. In the latest quarter profit grew 25% versus the prior quarter.
At 35× earnings, the stock sits at the 38th percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price implies ~8%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 19.33 | 75.05 | better |
| P/B | 2.46 | 2.3 | worse |
| EV/EBITDA | 10.71 | 8.84 | worse |
| ROE | 12.74 | 10.86 | better |
| ROCE | 11.64 | 5.77 | better |
| ROA | 4.13 | — | — |
| Quick Ratio | 0.7 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Grasim Industries | 19.5 | 2.1 | 4.8% |
| Welspun India | 51.6 | 4.5 | 8.6% |
| Vardhman Textiles | 14.3 | 1.3 | 7.1% |
6% CAGR — growing but slowly.
Revenue is outpacing profit (6% vs -14%) — costs are rising faster than the top line. The latest year saw a +160% swing — check if it's a one-off or structural.
Operating margin has compressed from 6% to 3% — costs or competition are eating into profitability. Margins have declined for 2 consecutive years — watch for a structural cost problem.
ROE at 8% — modest; the capital isn't working hard. Capital efficiency declining — ROE down 7pp.
Profit grew faster than EPS (-14% vs -18%) — share dilution is eroding per-share value. -18% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 3.3× PAT — earnings are well-backed by cash; strong accrual quality. Investing outflows exceed operating cash — the company relies on external funding to finance expansion.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue broadly flat QoQ — stable but not accelerating. Run-rate stepping up — recent quarters average 12% above earlier ones.
Profit jumped 25% QoQ — check if this is operating leverage or a one-off item.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters hold 70.5% — heavily owner-operated with strong skin in the game.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.