Anuncio • Mar 13
Ambuja Cements Limited (BSE:500425) completed the acquisition of remaining 41.92% stake in Sanghi Industries Limited (NSEI:SANGHIIND). Ambuja Cements Limited (BSE:500425) agreed to acquire remaining 41.92% stake in Sanghi Industries Limited (NSEI:SANGHIIND) for INR 7.4 billion on December 17, 2024. The consideration consists of 12.99 million common equity of Ambuja Cements Limited at a ratio of 0.12 per common equity of Sanghi Industries Limited. Before completion, Ambuja Cements Limited owns 58.08% stake in Sanghi Industries Limited. Upon completion, Ambuja Cements Limited will own 100% stake in Sanghi Industries Limited.
The transaction is subject to board, shareholder, creditors and statutory approval and approval of National Company Law Tribunal. Board of Ambuja Cements Limited approved the acquisition. As on July 17, 2025, National Stock Exchange approved the transaction. As of July 18, 2025, Sanghi Industries has also received observation letter dated July 17, 2025 with ‘no adverse objection’ from BSE Limited. As per the announcement dated January 30, 2026 both companies conducted their respective shareholder meetings on November 20, 2025. The NCLT hearing completed on January 29, 2026. The outcome of the matter is awaited as on the time of approval of this financial results. The entire process is expected to be completed by March 2026. NCLT approved the transaction on February 09, 2026.
Vivro Financial Services Private Limited acted as fairness opinion provider to Sanghi Industries Limited. MUFG Intime India Private Limited acted as transfer agent and registrar for Ambuja Cements Limited.
Ambuja Cements Limited (BSE:500425) completed the acquisition of remaining 41.92% stake in Sanghi Industries Limited (NSEI:SANGHIIND) on March 12, 2026. Ambuja Cements Limited & Sanghi Industries Limited have filed the certified copy of the NCLT Order with the Registrar of Companies, Ahmedabad, Gujarat today. With this filing, the Company and theTransferor Company have now complied with all the conditions specified in Clause 3.3 of the Scheme. Accordingly, the Scheme has become effective on March 12, 2026 and consequently, Transferor Company stands amalgamated with the Company and dissolved without being wound up. In accordance with the Scheme, the Appointed Date of the Scheme is April 1, 2024. Further, in accordance with the Scheme and pursuant to its effectiveness, the equity shareholders of the Transferor Company whose name appears in the Register of Members of the Transferor Company as on April 6, 2026 will be entitled for allotment of equity shares of the Company. Reported Earnings • Jan 30
Third quarter 2026 earnings released: ₹4.47 loss per share (vs ₹3.75 loss in 3Q 2025) Third quarter 2026 results: ₹4.47 loss per share (further deteriorated from ₹3.75 loss in 3Q 2025). Revenue: ₹2.84b (up 9.5% from 3Q 2025). Net loss: ₹1.15b (loss widened 19% from 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Anuncio • Jan 29
Sanghi Industries Limited Appoints Mr. Rohit Soni as Additional Director (Non-Executive Non-Independent), Effective January 31, 2026 Sanghi Industries Limited has appointed Mr. Rohit Soni as Additional Director (Non-Executive Non-Independent) with effect from January 31, 2026. Mr. Rohit Soni is a distinguished finance leader and Chartered Accountant, as well as an alumnus of Harvard Business School’s General Management Program. Presently, he serves as Chief Financial Officer of Cement business. Previously, he served as Chief Financial Officer (CFO) at Adani New Industries Limited (ANIL) from March 2024 to November 2025, where he led financial strategy for green hydrogen and renewable energy initiatives. He also held the position of CFO at Adani Energy Solutions Limited (AESL) from September 2021 to March 2024, successfully raising equity funds and managing finances for over 60 subsidiaries supporting large-scale infrastructure projects. He has also held several leadership positions with the Vedanta Group, including serving as Chief Procurement Officer and also as a CFO for various Vedanta Companies. His leadership excellence has been recognized with the ET Great Manager (Senior Leader) award by Economic Times and TAPMI in November 2019. He is not related to any director of the Company. Mr. Rohit Soni is not debarred from holding the office of Director by virtue of any order passed by SEBI or any other such authority. Anuncio • Jan 10
Sanghi Industries Limited to Report Q3, 2026 Results on Jan 29, 2026 Sanghi Industries Limited announced that they will report Q3, 2026 results on Jan 29, 2026 Reported Earnings • Nov 03
Second quarter 2026 earnings released: ₹4.51 loss per share (vs ₹7.57 loss in 2Q 2025) Second quarter 2026 results: ₹4.51 loss per share (improved from ₹7.57 loss in 2Q 2025). Revenue: ₹2.89b (up 91% from 2Q 2025). Net loss: ₹1.17b (loss narrowed 40% from 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Anuncio • Oct 15
Sanghi Industries Limited to Report Q2, 2026 Results on Nov 01, 2025 Sanghi Industries Limited announced that they will report Q2, 2026 results at 4:00 PM, Indian Standard Time on Nov 01, 2025 Reported Earnings • Jul 29
First quarter 2026 earnings released: ₹2.92 loss per share (vs ₹3.44 loss in 1Q 2025) First quarter 2026 results: ₹2.92 loss per share (improved from ₹3.44 loss in 1Q 2025). Revenue: ₹2.48b (up 11% from 1Q 2025). Net loss: ₹754.0m (loss narrowed 15% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Anuncio • Jul 15
Sanghi Industries Limited to Report Q1, 2026 Results on Jul 28, 2025 Sanghi Industries Limited announced that they will report Q1, 2026 results on Jul 28, 2025 Reported Earnings • Apr 30
Full year 2025 earnings released: ₹19.29 loss per share (vs ₹17.37 loss in FY 2024) Full year 2025 results: ₹19.29 loss per share (further deteriorated from ₹17.37 loss in FY 2024). Revenue: ₹10.1b (up 23% from FY 2024). Net loss: ₹4.98b (loss widened 11% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Anuncio • Apr 28
Sanghi Industries Limited, Annual General Meeting, Jun 26, 2025 Sanghi Industries Limited, Annual General Meeting, Jun 26, 2025, at 16:30 Indian Standard Time. Reported Earnings • Jan 28
Third quarter 2025 earnings released: ₹3.75 loss per share (vs ₹7.80 loss in 3Q 2024) Third quarter 2025 results: ₹3.75 loss per share (improved from ₹7.80 loss in 3Q 2024). Revenue: ₹2.63b (up 39% from 3Q 2024). Net loss: ₹969.6m (loss narrowed 52% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Reported Earnings • Oct 27
Second quarter 2025 earnings released: ₹7.57 loss per share (vs ₹1.50 loss in 2Q 2024) Second quarter 2025 results: ₹7.57 loss per share (further deteriorated from ₹1.50 loss in 2Q 2024). Revenue: ₹1.64b (down 9.1% from 2Q 2024). Net loss: ₹1.96b (loss widened 404% from 2Q 2024). Revenue is forecast to grow 82% p.a. on average during the next 2 years, compared to a 4.2% decline forecast for the Basic Materials industry in India. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. Reported Earnings • Jul 30
First quarter 2025 earnings released: ₹3.44 loss per share (vs ₹7.33 loss in 1Q 2024) First quarter 2025 results: ₹3.44 loss per share (improved from ₹7.33 loss in 1Q 2024). Revenue: ₹2.31b (up 39% from 1Q 2024). Net loss: ₹888.2m (loss narrowed 53% from 1Q 2024). Revenue is forecast to grow 70% p.a. on average during the next 2 years, compared to a 6.2% decline forecast for the Basic Materials industry in India. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance. Anuncio • May 31
Sanghi Industries Limited, Annual General Meeting, Jun 26, 2024 Sanghi Industries Limited, Annual General Meeting, Jun 26, 2024, at 14:00 Indian Standard Time. Reported Earnings • Apr 28
Full year 2024 earnings released: ₹17.37 loss per share (vs ₹12.88 loss in FY 2023) Full year 2024 results: ₹17.37 loss per share (further deteriorated from ₹12.88 loss in FY 2023). Revenue: ₹8.34b (down 9.8% from FY 2023). Net loss: ₹4.49b (loss widened 38% from FY 2023). Revenue is forecast to grow 71% p.a. on average during the next 2 years, compared to a 3.9% decline forecast for the Basic Materials industry in India. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 135 percentage points per year, which is a significant difference in performance. Anuncio • Apr 21
Sanghi Industries Limited to Report Q4, 2024 Results on Apr 27, 2024 Sanghi Industries Limited announced that they will report Q4, 2024 results at 4:00 PM, Indian Standard Time on Apr 27, 2024 Anuncio • Mar 26
Sanghi Industries Limited Announces Change of Company Secretary and Compliance Officer Sanghi Industries Limited announced that Mr. Manish Mistry will relinquish his position as a Company Secretary and Compliance Officer (Key Managerial Personnel) of the Company with effect from March 31, 2024. Mr. Anil Agrawal, will assume the role of Company Secretary and Compliance Officer (Key Managerial Personnel) with effect from April 1, 2024. Reason for change: Pursuant to the ongoing Talent Development initiatives across Adani group, Mr. Manish Mistry will be assuming another role within the group effective from April 1, 2024. In view of this, he will relinquish his position as Company Secretary and Compliance Officer of the Company. Mr. Anil Agrawal is a qualified Company Secretary and LL.B. He possess a rich experience of more than 23 years in Secretarial and Legal field. He has played key roles in handling various assignments like Acquisitions and Takeover, QIP, Preferential Allotment, Issue of Non-Convertible Debentures etc. In his previous positions, he has worked with Enrich Industries Limited, Kanoria Dyechem Limited, Italia Ceramics Limited. He has served Sanghi Industries Limited as a Company Secretary and Compliance Officer for more than 11 years and presently working with Adani Group. Reported Earnings • Jan 28
Third quarter 2024 earnings released: ₹7.80 loss per share (vs ₹5.73 loss in 3Q 2023) Third quarter 2024 results: ₹7.80 loss per share (further deteriorated from ₹5.73 loss in 3Q 2023). Revenue: ₹1.90b (up 43% from 3Q 2023). Net loss: ₹2.02b (loss widened 40% from 3Q 2023). Revenue is forecast to grow 104% p.a. on average during the next 2 years, compared to a 2.5% decline forecast for the Basic Materials industry in India. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 169 percentage points per year, which is a significant difference in performance. Anuncio • Jan 18
Sanghi Industries Limited to Report Q3, 2024 Results on Jan 27, 2024 Sanghi Industries Limited announced that they will report Q3, 2024 results on Jan 27, 2024 Board Change • Jan 01
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Sudhir Nanavati is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Anuncio • Dec 09
Sanghi Industries Limited Announces Resignation of Ravi Sanghi as Managing Director Sanghi Industries Limited announced that Mr. Ravi Sanghi has tendered his resignation from the position of Chairman and Managing Director of the Company, which was accepted by the Board with effect from the closure of the Board meeting held 7th December, 2023. Anuncio • Dec 06
Ambuja Cements Ltd completed the acquisition of 54.51% stake in Sanghi Industries Limited (NSEI:SANGHIIND) from Ravi Sanghi, Anita Sanghi, Ekta Sanghi, Aditya Sanghi, Alok Sanghi, Sanghi Polymers Private Limited, Samruddhi Investors Services Private Limited, Flarezeal Solutions LLP and Thinkfar Tradelink Private Limited. Ambuja Cements Ltd entered into an agreement to acquire 56.74% stake in Sanghi Industries Limited (NSEI:SANGHIIND) from Ravi Sanghi, Anita Sanghi, Ekta Sanghi, Aditya Sanghi, Alok Sanghi, Sanghi Polymers Private Limited, Samruddhi Investors Services Private Limited, Flarezeal Solutions LLP and Thinkfar Tradelink Private Limited for INR 16.74 billion on August 3, 2023. The transaction will close 3-4 months. Ruetveij Pandya, Paridhi Adani, Jeeta Nayak, Avaantika Kakkar, Kirthi Srinivas and Vijay Pratap Singh Chauhan of Cyril Amarchand Mangaldas assisted Ambuja on this acquisition. Abhishek Dadoo, Gaurav Malhotra, Jayantika Khanna and Astha Tambi of Khaitan & Co as a legal advisor for Sanghi Industries Limited.
Ambuja Cements Ltd completed the acquisition of 54.51% stake in Sanghi Industries Limited (NSEI:SANGHIIND) from Ravi Sanghi, Anita Sanghi, Ekta Sanghi, Aditya Sanghi, Alok Sanghi, Sanghi Polymers Private Limited, Samruddhi Investors Services Private Limited, Flarezeal Solutions LLP and Thinkfar Tradelink Private Limited on December 5, 2023. Reported Earnings • Oct 26
Second quarter 2024 earnings released: ₹1.50 loss per share (vs ₹1.77 loss in 2Q 2023) Second quarter 2024 results: ₹1.50 loss per share (improved from ₹1.77 loss in 2Q 2023). Revenue: ₹1.80b (down 21% from 2Q 2023). Net loss: ₹388.1m (loss narrowed 12% from 2Q 2023). Revenue is forecast to grow 92% p.a. on average during the next 2 years, compared to a 6.2% decline forecast for the Basic Materials industry in India. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 177 percentage points per year, which is a significant difference in performance. Anuncio • Oct 14
Sanghi Industries Limited to Report Q2, 2024 Results on Oct 21, 2023 Sanghi Industries Limited announced that they will report Q2, 2024 results on Oct 21, 2023 Price Target Changed • Sep 28
Price target increased by 171% to ₹190 Up from ₹70.00, the current price target is provided by 1 analyst. New target price is 68% above last closing price of ₹113. The company is forecast to post a net loss per share of ₹6.90 next year compared to a net loss per share of ₹12.88 last year. Anuncio • Aug 24
Sanghi Industries Limited, Annual General Meeting, Sep 14, 2023 Sanghi Industries Limited, Annual General Meeting, Sep 14, 2023, at 11:00 Indian Standard Time. Agenda: To receive, consider and adopt financial statements of the Company including Audited Balance Sheet as at 31 March, 2023, Statement of Profit and Loss and Cash Flow for the year ended on that date together with the Directors' Report and also the Auditors' Report thereon; to appoint a Director in place of Smt. Bina Engineer, who retires by rotation and being eligible, offers herself for re-appointment; and to consider any other matters. Anuncio • Aug 08
Sanghi Industries Limited to Report Q1, 2024 Results on Aug 14, 2023 Sanghi Industries Limited announced that they will report Q1, 2024 results on Aug 14, 2023 Anuncio • Aug 05
Ambuja Cements Ltd entered into an agreement to acquire 56.74% stake in Sanghi Industries Limited (NSEI:SANGHIIND) from Ravi Sanghi, Anita Sanghi, Ekta Sanghi, Aditya Sanghi, Alok Sanghi, Sanghi Polymers Private Limited, Samruddhi Investors Services Private Limited, Flarezeal Solutions LLP and Thinkfar Tradelink Private Limited for INR 16.74 billion. Ambuja Cements Ltd entered into an agreement to acquire 56.74% stake in Sanghi Industries Limited (NSEI:SANGHIIND) from Ravi Sanghi, Anita Sanghi, Ekta Sanghi, Aditya Sanghi, Alok Sanghi, Sanghi Polymers Private Limited, Samruddhi Investors Services Private Limited, Flarezeal Solutions LLP and Thinkfar Tradelink Private Limited for INR 16.74 billion on August 3, 2023. The transaction will close 3-4 months. Ruetveij Pandya, Paridhi Adani, Jeeta Nayak, Avaantika Kakkar, Kirthi Srinivas and Vijay Pratap Singh Chauhan of Cyril Amarchand Mangaldas assisted Ambuja on this acquisition. Abhishek Dadoo of Khaitan & Co acted for Sanghi Industries in this deal. Anuncio • Aug 04
Ambuja Cements to Make INR 7,670 Million Open Offer to Acquire 26% in Sanghi Industries Ambuja Cements Limited, (BSE:500425) an Adani Group company, has made a INR 7,670 million open offer to acquire up to 67.1 million equity shares or 26% stake of Sanghi Industries Limited (NSEI:SANGHIIND) shares at INR 114.22 a piece. The offer follows Ambuja Cements acquiring 56.74% shares of SIL at an enterprise value of INR 50,000 million from its existing promoter group, Ravi Sanghi & family. Ambuja Cements has proposed to fund the deal through internal accruals. Ambuja Cements will also pump in INR 3,000 million as inter corporate deposit agreement to meet the general corporate purposes of Sanghi Industries. Gautam Adani, Chairman of the Adani Group, said the deal will help Ambuja expand its market presence, strengthen its product portfolio, and reinforce its position as a leader in the construction materials sector. With this acquisition, the Adani Group is on course to achieving its target of 140 MTPA of cement manufacturing capacity by 2028, ahead of time. The acquisition of SIL will enhance Ambuja Cements capacity to 73.6 MTPA from 67.5 MTPA. With a 14 MTPA capex and the commissioning of 5.5 MTPA capacity at Dahej and Ametha by Second Quarter of Fiscal 2024, the Adani Group’s capacity will be 101 MTPA by 2025. Anuncio • Jun 29
Sanghi Industries Limited Announces Resume of Operations At Cement Plant At Kutch District, Gujarat Sanghi Industries Limited announced that with pro-active Biperjoy emergency preparedness of the Central /State Government and local authorities and the company, while there was some damage at site, which is under restoration, the Company has resumed its operations at the Cement Plant of the Company located at Sanghipuram, Village Motiber, Taluka Abdasa, Kutch District, Gujarat. Price Target Changed • May 18
Price target increased by 15% to ₹70.00 Up from ₹61.00, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of ₹71.41. Stock is up 69% over the past year. The company posted a net loss per share of ₹12.88 last year. Reported Earnings • May 18
Full year 2023 earnings released: ₹12.88 loss per share (vs ₹1.62 profit in FY 2022) Full year 2023 results: ₹12.88 loss per share (down from ₹1.62 profit in FY 2022). Revenue: ₹9.48b (down 16% from FY 2022). Net loss: ₹3.26b (down ₹3.66b from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 166 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 16
Third quarter 2023 earnings released: ₹5.73 loss per share (vs ₹0.30 profit in 3Q 2022) Third quarter 2023 results: ₹5.73 loss per share (down from ₹0.30 profit in 3Q 2022). Revenue: ₹1.33b (down 52% from 3Q 2022). Net loss: ₹1.44b (down ₹1.51b from profit in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance. Anuncio • Feb 07
Sanghi Industries Limited to Report Q3, 2023 Results on Feb 14, 2023 Sanghi Industries Limited announced that they will report Q3, 2023 results on Feb 14, 2023 Anuncio • Dec 31
Sanghi Industries Limited announced that it has received INR 499.9995 million in funding from Thinkfar Tradelink Private Limited On December 30, 2022, Sanghi Industries Limited closed the transaction. The transaction has been approved by the board of directors of the company. Reported Earnings • Nov 16
Second quarter 2023 earnings released: ₹1.77 loss per share (vs ₹0.18 profit in 2Q 2022) Second quarter 2023 results: ₹1.77 loss per share (down from ₹0.18 profit in 2Q 2022). Revenue: ₹2.42b (up 14% from 2Q 2022). Net loss: ₹443.2m (down ₹487.7m from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Anuncio • Nov 06
Sanghi Industries Limited to Report Q2, 2023 Results on Nov 14, 2022 Sanghi Industries Limited announced that they will report Q2, 2023 results on Nov 14, 2022 Anuncio • Aug 24
Sanghi Industries Limited, Annual General Meeting, Sep 17, 2022 Sanghi Industries Limited, Annual General Meeting, Sep 17, 2022, at 11:00 Indian Standard Time. Agenda: To receive, consider and adopt financial statements of the Company including Audited Balance Sheet as at 31 March, 2022, Statement of Profit and Loss and Cash Flow for the year ended on that date together with the Directors' Report and also the Auditors' Report thereon; to appoint a Director in place of Shri Alok Sanghi, who retires by rotation and being eligible, offers himself for re-appointment; to re-appoint M/s. Chaturvedi & Shah LLP, Chartered Accountants & M/s. S. K. Mehta & Co., Chartered Accountants, as Joint Statutory Auditors and to fix their remuneration; and to consider other matters. Reported Earnings • Aug 11
First quarter 2023 earnings released: ₹1.31 loss per share (vs ₹0.89 profit in 1Q 2022) First quarter 2023 results: ₹1.31 loss per share (down from ₹0.89 profit in 1Q 2022). Revenue: ₹3.45b (up 22% from 1Q 2022). Net loss: ₹328.7m (down 247% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Reported Earnings • May 28
Full year 2022 earnings released: EPS: ₹1.62 (vs ₹3.12 in FY 2021) Full year 2022 results: EPS: ₹1.62 (down from ₹3.12 in FY 2021). Revenue: ₹11.2b (up 20% from FY 2021). Net income: ₹406.2m (down 48% from FY 2021). Profit margin: 3.6% (down from 8.4% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Anuncio • May 26
Sanghi Industries Limited Announces Board Changes, Effective June 23, 2022 Sanghi Industries Limited announced that Shri Sadashiv Sawrikar, Shri Devidas K. Kambale and Shri D.B: N. Rao will cease to be Independent Directors of the Company with effect from closure of business hours of June 23, 2022 on account of completion of their second consecutive term as Independent Directors of the Company. Shri G. M. Yadwadkar and Shri Sudhir Nanavati are appointed as Additional Directors in the category of non-executive independent directors of the company with effect from 23 June 2022. Anuncio • May 17
Sanghi Industries Limited to Report Q4, 2022 Results on May 24, 2022 Sanghi Industries Limited announced that they will report Q4, 2022 results on May 24, 2022 Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improved over the past week After last week's 19% share price gain to ₹50.95, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 16x in the Basic Materials industry in India. Total loss to shareholders of 18% over the past three years. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorated over the past week After last week's 22% share price decline to ₹41.80, the stock trades at a trailing P/E ratio of 17.4x. Average trailing P/E is 15x in the Basic Materials industry in India. Total loss to shareholders of 24% over the past three years. Reported Earnings • Feb 11
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.30 (down from ₹1.67 in 3Q 2021). Revenue: ₹2.79b (down 4.1% from 3Q 2021). Net income: ₹75.4m (down 82% from 3Q 2021). Profit margin: 2.7% (down from 14% in 3Q 2021). The decrease in margin was primarily driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Anuncio • Feb 02
Sanghi Industries Limited to Report Q3, 2022 Results on Feb 09, 2022 Sanghi Industries Limited announced that they will report Q3, 2022 results on Feb 09, 2022 Board Change • Sep 13
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Additional Independent Director Arvind Agarwal was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 11
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Additional Independent Director Arvind Agarwal was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 07
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Additional Independent Director Arvind Agarwal was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 04
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Additional Independent Director Arvind Agarwal was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Aug 23
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹61.00, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 17x in the Basic Materials industry in India. Total loss to shareholders of 27% over the past three years. Reported Earnings • Aug 13
First quarter 2022 earnings released: EPS ₹0.89 (vs ₹0.24 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹2.84b (up 91% from 1Q 2021). Net income: ₹223.2m (up 271% from 1Q 2021). Profit margin: 7.9% (up from 4.0% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 5% per year. Valuation Update With 7 Day Price Move • Jul 26
Investor sentiment improved over the past week After last week's 15% share price gain to ₹69.35, the stock trades at a trailing P/E ratio of 22.3x. Average trailing P/E is 20x in the Basic Materials industry in India. Total loss to shareholders of 26% over the past three years. Reported Earnings • Jun 12
Full year 2021 earnings released: EPS ₹3.11 (vs ₹2.60 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹9.39b (up 5.8% from FY 2020). Net income: ₹781.7m (up 20% from FY 2020). Profit margin: 8.3% (up from 7.4% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 13% per year. Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improved over the past week After last week's 21% share price gain to ₹57.30, the stock trades at a trailing P/E ratio of 21.1x. Average trailing P/E is 19x in the Basic Materials industry in India. Total loss to shareholders of 34% over the past three years. Is New 90 Day High Low • Feb 23
New 90-day high: ₹41.90 The company is up 28% from its price of ₹32.70 on 25 November 2020. The Indian market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 22% over the same period. Is New 90 Day High Low • Feb 02
New 90-day high: ₹40.70 The company is up 37% from its price of ₹29.70 on 04 November 2020. The Indian market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 20% over the same period. Reported Earnings • Feb 01
Third quarter 2021 earnings released: EPS ₹1.67 (vs ₹0.20 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹2.91b (up 55% from 3Q 2020). Net income: ₹420.3m (up ₹370.9m from 3Q 2020). Profit margin: 14% (up from 2.6% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year whereas the company’s share price has fallen by 31% per year. Anuncio • Jan 22
Sanghi Industries Limited to Report Q3, 2021 Results on Jan 29, 2021 Sanghi Industries Limited announced that they will report Q3, 2021 results on Jan 29, 2021 Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment improved over the past week After last week's 16% share price gain to ₹40.10, the stock is trading at a trailing P/E ratio of 32.8x, up from the previous P/E ratio of 28.2x. This compares to an average P/E of 19x in the Basic Materials industry in India. Total return to shareholders over the past three years is a loss of 69%. Is New 90 Day High Low • Jan 01
New 90-day high: ₹35.55 The company is up 34% from its price of ₹26.45 on 01 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 23% over the same period. Is New 90 Day High Low • Dec 15
New 90-day high: ₹35.20 The company is up 25% from its price of ₹28.25 on 16 September 2020. The Indian market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 23% over the same period. Price Target Changed • Nov 27
Price target raised to ₹42.00 Up from ₹31.00, the current price target is provided by 1 analyst. The new target price is 20% above the current share price of ₹35.00. As of last close, the stock is down 11% over the past year. Is New 90 Day High Low • Nov 17
New 90-day high: ₹33.10 The company is up 17% from its price of ₹28.30 on 19 August 2020. The Indian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Basic Materials industry, which is also up 17% over the same period. Reported Earnings • Nov 13
Second quarter 2021 earnings released: EPS ₹0.16 The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₹1.74b (down 15% from 2Q 2020). Net income: ₹41.3m (down 34% from 2Q 2020). Profit margin: 2.4% (down from 3.0% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has fallen by 36% per year, which means it is performing significantly worse than earnings. Anuncio • Nov 03
Sanghi Industries Limited to Report Q2, 2021 Results on Nov 10, 2020 Sanghi Industries Limited announced that they will report Q2, 2021 results on Nov 10, 2020 Is New 90 Day High Low • Oct 30
New 90-day high: ₹31.80 The company is up 36% from its price of ₹23.35 on 31 July 2020. The Indian market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 11% over the same period. Valuation Update With 7 Day Price Move • Oct 27
Market bids up stock over the past week After last week's 29% share price gain to ₹30.80, the stock is trading at a trailing P/E ratio of 23.4x, up from the previous P/E ratio of 18.1x. This compares to an average P/E of 19x in the Basic Materials industry in India. Total return to shareholders over the past three years is a loss of 77%. Valuation Update With 7 Day Price Move • Oct 23
Market bids up stock over the past week After last week's 24% share price gain to ₹29.10, the stock is trading at a trailing P/E ratio of 22.1x, up from the previous P/E ratio of 17.9x. This compares to an average P/E of 19x in the Basic Materials industry in India. Total return to shareholders over the past three years is a loss of 76%. Anuncio • Aug 02
Sanghi Industries Limited to Report Q1, 2021 Results on Aug 11, 2020 Sanghi Industries Limited announced that they will report Q1, 2021 results on Aug 11, 2020 Anuncio • Jun 17
Sanghi Industries Limited to Report Fiscal Year 2020 Results on Jun 24, 2020 Sanghi Industries Limited announced that they will report fiscal year 2020 results on Jun 24, 2020