Sangam (India) Limited has delivered impressive financial results for Q3FY26, demonstrating strong operational performance and margin expansion across key metrics. The textile manufacturer reported significant growth in profitability while maintaining steady revenue momentum and advancing its sustainability initiatives through renewable energy investments.

Financial Performance Highlights

The company's Q3FY26 results showcase robust growth across profitability metrics. EBITDA reached ₹85 crores, marking a substantial 39.3% year-on-year increase from ₹61 crores in Q3FY25. The EBITDA margin expanded by 283 basis points to 10.9%, reflecting improved operational efficiency and cost management.

Margin Expansion and Operational Efficiency

Gross margin performance showed remarkable improvement, reaching 42.8% in Q3FY26 compared to 36.6% in the previous year, representing a 613 basis points expansion. This translated to gross margin of ₹331 crores, up 20.5% from ₹275 crores in Q3FY25. The company's profit before interest and tax surged 88.5% to ₹60 crores, demonstrating strong operational leverage.

Nine-Month Performance

For the nine-month period ending December 31, 2025, Sangam India maintained strong momentum with revenue of ₹2,362 crores, representing 11.1% growth over the corresponding period. Net profit for nine months reached ₹50 crores, marking a significant 123.2% increase from ₹22 crores in the previous year.

Renewable Energy Expansion

The company is significantly expanding its renewable energy footprint through two major initiatives. Sangam India has entered an agreement with CGE II Hybrid Energy Pvt. Ltd. for 12 MW additional hybrid energy capacity, scheduled to commence by March 2026, with projected annual savings of ₹10 crores. Additionally, an EPC contract with IB Vogt Solar India Pvt. Ltd. will add 18 MW solar energy capacity by Q2 FY27, targeting annual savings of ₹22 crores.

Business Operations and Market Position

Sangam India operates as a vertically integrated textile manufacturer with comprehensive capabilities across spinning, fabric production, and garments. The company maintains production facilities with 306,864 spindles for yarn capacity of 85,140 MTPA and 4,584 rotors with 19,080 MTPA capacity. The fabric division includes 262 denim weaving looms and 333 weaving looms, while the garment segment features 32 knitting machines with 5,400 MTPA capacity.

The company serves diverse markets with revenue distribution showing 60% domestic and 40% export sales. Product portfolio spans PV yarn (2%), cotton yarn (15%), denim fabric (26%), woven fabric with processing (28%), and garments (29%). Sangam India maintains a global presence across 50+ countries, serving marquee clients including Walmart, Primark, Jockey, Mango, and Decathlon.

Sangam (India) Limited has announced a Board of Directors meeting scheduled for January 21, 2026, to consider and approve the company's unaudited financial results for the third quarter of fiscal year 2026. The announcement was made through a regulatory filing dated January 14, 2026, in compliance with SEBI listing regulations.

Board Meeting Details

The meeting will be held on Wednesday, January 21, 2026, at Bhilwara. The board will deliberate on both standalone and consolidated unaudited financial results for the quarter and nine months ended December 31, 2025.

Trading Window Restrictions

In accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Conduct for Prevention of Insider Trading, Sangam (India) Limited has implemented trading restrictions for designated persons. The trading window for dealing in the company's equity shares was closed from January 1, 2026.

The restriction will remain in effect until 48 hours after the declaration of the unaudited financial results for the quarter and nine months ended December 31, 2025. This measure ensures compliance with insider trading prevention norms and maintains market integrity during the results announcement period.

Regulatory Compliance

The announcement has been made pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has informed both the National Stock Exchange of India Limited and the Bombay Stock Exchange Limited about the scheduled board meeting.

The detailed notice is available on the company's official website at www.sangamgroup.com for stakeholder reference. The filing was signed by Company Secretary Arjun Agal, ensuring proper corporate governance protocols are followed.