This Textile company’s stock is in focus after it reported about getting an order from the supplier of some of the world’s biggest retail giants, like Walmart, Amazon, Kohl’s, Primark, and Target.
With a market capitalization of Rs. 2,249 Crore, the stock of Sangam India opened at Rs. 423.20, around the same level as yesterday’s close, but after opening, it made a high of Rs. 458, up 8.98 percent. Additionally, the Yearly return for the stock is 13 percent, and the past 5-year return is an impressive 1,094 percent.
Update from the Company
The company has achieved a significant Milestone by onboarding Gelmart Industries Inc.—a supplier to major global retailers like Walmart, Amazon, Kohl’s, Primark, and Target—as a new customer in its garment division.
This partnership began with orders exceeding 750,000 pieces, signaling the start of a potentially larger demand pipeline. The collaboration highlights Sangam’s strong capabilities in delivering high-quality, value-added apparel and its commitment to innovation, consistency, and operational excellence to meet global retail standards.
Mr. Vinod Kumar Sodani, CEO – Fabric and Garments, stated that onboarding Gelmart Industries Inc. highlights Sangam’s product quality and reliability, reinforcing its goal to become a trusted partner for top global retailers and grow its garment segment.
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About the Company
Sangam (India) Limited is a leading Indian textile company known for its integrated operations across yarn, fabric, and garments. Headquartered in Rajasthan, it has built a strong reputation for quality, innovation, and sustainable practices. The company serves both domestic and international markets, with a growing focus on value-added apparel and long-term retail partnerships.
The company reported a 21.41 percent YoY increase in revenue from Rs. 621 Crore in Q3FY24 to Rs. 754 Crore in Q3FY25. On a QoQ basis, the company reported an increase of 11.53 percent in revenue from Rs. 676 Crore in the previous quarter.
Their Net profit saw a decrease of 35.69 percent YoY from Rs. 3.81 Crore to Rs. 2.45 Crore for the same period. On a QoQ basis, the company reported a decrease of 55.85 percent in Net profit from Rs. 5.55 Crore in the previous quarter.
Written By Abhishek Das
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