{"id":181791,"date":"2026-04-23T02:42:48","date_gmt":"2026-04-23T06:42:48","guid":{"rendered":"https:\/\/alphastreet.com\/india\/sangam-india-ltd-sangamind-q4-2026-earnings-call-transcript\/"},"modified":"2026-04-23T02:42:48","modified_gmt":"2026-04-23T06:42:48","slug":"sangam-india-ltd-sangamind-q4-2026-earnings-call-transcript","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/sangam-india-ltd-sangamind-q4-2026-earnings-call-transcript\/","title":{"rendered":"Sangam (India) Ltd (SANGAMIND) Q4 2026 Earnings Call Transcript"},"content":{"rendered":"<p><em><strong>Note:<\/strong> This is a preliminary transcript and may contain inaccuracies. It will be updated with a final, fully-reviewed version soon.<\/em><\/p>\n<p><strong>Sangam (India) Ltd (NSE: SANGAMIND) Q4 2026 Earnings Call dated <span id=\"date\">Apr. 23, 2026<\/span><\/strong><\/p>\n<h2>Corporate Participants:<\/h2>\n<p><strong>Ms. Mahal<\/strong> \u2014 <em>Investor Relations<\/em><\/p>\n<p><strong>Unidentified Speaker<\/strong><\/p>\n<p><strong>Unidentified Speaker<\/strong><\/p>\n<p><strong>Anandag Soni<\/strong> \u2014 <em>Managing Director<\/em><\/p>\n<h2>Presentation:<\/h2>\n<p><strong>Operator<\/strong><\/p>\n<p>Hello. Hello. So your name and your completing please. Hello.<\/p>\n<p><strong>Ms. Mahal<\/strong> \u2014 <em>Investor Relations<\/em><\/p>\n<p>The conference is now being recorded.<\/p>\n<p><strong>Unidentified Speaker<\/strong><\/p>\n<p>It. It. Sam.<\/p>\n<p><strong>Unidentified Speaker<\/strong><\/p>\n<p>Foreign. Ladies and gentlemen you have been connected For Sangam India Limited Q4NFY 26 only conference call. The call will start at 12:05 requested to please stay connected. Ladies and gentlemen you have connected for Sangam India Limited Q4NF526 on the conference call. The call will start at 12:05. I request you to please stay connected. Thank you. Ladies and gentlemen. Good day and welcome to Sangam India Limited Q4 and FY26 earning conference call hosted by Goindia Advisor. As a reminder, all participant line will be in the listen only mode and there will be an opportunity for you to ask questions after the presentation.<\/p>\n<p>Conclude should you need assistance during the conference call please signal an operator by pressing star then zero on your touched on phone. Please note that this conference is being recorded. I now hand the conference over to Ms. Mahal from Goinda Advisor. Thank you. And over to you Mahal.<\/p>\n<p><strong>Ms. Mahal<\/strong> \u2014 <em>Investor Relations<\/em><\/p>\n<p>Thank you. Good afternoon one and all. It&#8217;s my pleasure to welcome you on behalf of Sangam India Limited. Thank you for joining us today for the quarter four and financial year ended 2026 earnings con call. This call is being hosted by Goindia Advisors. Please note that today&#8217;s discussion may include certain forward looking statements. Therefore they must be viewed in conjunction with the risks that the company faces. Today on the call we are joined by Mr. Anandag Soni, Managing Director. I now invite Mr.<\/p>\n<p>Soni to present the company&#8217;s business and outlook. After which we will open the floor for Q and A. Thank you. And over to you sir.<\/p>\n<p><strong>Anandag Soni<\/strong> \u2014 <em>Managing Director<\/em><\/p>\n<p>Good afternoon and thank you for joining us today. FY26 has been a defining year for Sangam. We&#8217;ve crossed 3200 crore in revenue. We more than doubled our path to 83 crores. Our domestic business remains strong and our exports hit an all time high. And perhaps most importantly, every single quarter this year was better than the last. Q1 to Q2 to Q3 to Q4. Revenue, EBITDA and PAT all moved in one direction. To put that in perspective, in Q4 alone we delivered 880 crore in revenue and EBITDA of 98 crore and a PAT of 33 crores.<\/p>\n<p>A quarterly pat was nearly what we earned for the full year in FY25. That consistency is not accidental. It reflects disciplined execution, deeper operational efficiency and an organization that is generally getting better at what it does. These results reflect work that has been building for some time. The last two years were demanding for Sangam and for the industry, FY26 was the year we rebuilt. We stabilized our operations, sharpened our execution and earned back the momentum this business is capable of.<\/p>\n<p>What you are seeing in these numbers is a result of that work and we are just getting started. This year we have embraced a simple principle. Better than before. Every quarter, every process, every metric, one question. Are we better than last time? That is what you saw play out in FY26 and it is what I am confident you will see play out over the next four quarters as well. Our balance sheet is in good shape. We are carrying roughly 200 crore in treasury. Our working capital cycle improved dramatically from 80 days to 55 days in a single year.<\/p>\n<p>Interest coverage is improving. We are maintaining a net debt to equity ratio of about 1.1x ensuring a prudent and stable capital structure. On the energy front, we are doing significant work to secure our energy costs through renewable solutions. And this will remain a consistent theme for us going forward. This is a structural reduction in our cost base that will show up in our numbers in the coming quarters. Our backward integration into recycled polyester fiber is also a point of quiet pride.<\/p>\n<p>We are now meeting approximately 50% of our polyester fiber requirement through in house recycled production processing close to 40,000 metric ton of plastic waste annually. This is sustainability and cost leadership. Working together across all our segments, we have built a deep understanding. Each with its own customers, its own dynamics and its own room to grow. Our job is to keep making each of them better. That is what drives us. Last year we doubled our pack. We aspire to do that again in FY27.<\/p>\n<p>I use the word aspire deliberately and I mean it in that way. What I can say with confidence is that the journey from here has a clear direction. We are a manufacturing business and capacity is the foundation of growth. The investment cycle that we undertook to build capacity is now largely behind us and those assets are running at very high utilizations across all our segments. That&#8217;s a good problem to have and it tells you where we are in our journey. The next leg of growth will require investments and we are preparing for that.<\/p>\n<p>We will share more as plans mature. Sangam is at an inflection point. The global supply chain is reorienting. Buyers both domestic and international are looking for reliable, integrated and quality manufacturers with the scale and credentials.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Note: This is a preliminary transcript and may contain inaccuracies. It will be updated with a final, fully-reviewed version soon. Sangam (India) Ltd (NSE: SANGAMIND) Q4 2026 Earnings Call dated Apr. 23, 2026 Corporate Participants: Ms. Mahal \u2014 Investor Relations Unidentified Speaker Unidentified Speaker Anandag Soni \u2014 Managing Director Presentation: Operator Hello. Hello. So your [&hellip;]<\/p>\n","protected":false},"author":2377,"featured_media":147581,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[6349],"tags":[10169,9175,9104,9092,14492,10089],"class_list":["post-181791","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-transcripts","tag-earnings","tag-earnings-call","tag-earnings-conference","tag-earnings-transcripts","tag-financial-results","tag-quarterly-earnings"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":156397,"url":"https:\/\/alphastreet.com\/india\/sangam-india-ltd-q2fy24-63-fall-in-profits\/","url_meta":{"origin":181791,"position":0},"title":"Sangam (India) Ltd Q2FY24; 63% fall in Profits","author":"Chirag Gupta","date":"November 17, 2023","format":false,"excerpt":"Sangam (India) Limited is engaged in the business of manufacturing and selling of Synthetic Blended, Cotton & Texturised yarn, Fabrics, Denim Fabrics and readymade seamless garment. 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