BSE:534618

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Sangam Renewables

Executive Summary

Sangam Renewables Limited generates power in India.


Snowflake Analysis

Weak fundamentals or lack of information.


Similar Companies

Share Price & News

How has Sangam Renewables's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 534618 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

15.4%

534618

5.9%

IN Renewable Energy

3.8%

IN Market


1 Year Return

-36.5%

534618

-12.9%

IN Renewable Energy

-20.9%

IN Market

Return vs Industry: 534618 underperformed the Indian Renewable Energy industry which returned -13.7% over the past year.

Return vs Market: 534618 underperformed the Indian Market which returned -22.6% over the past year.


Shareholder returns

534618IndustryMarket
7 Day15.4%5.9%3.8%
30 Day-6.0%8.1%0.5%
90 Day-13.8%-3.0%-14.8%
1 Year-36.5%-36.5%-10.0%-12.9%-19.3%-20.9%
3 Year-72.4%-72.4%-26.5%-33.5%-9.6%-14.4%
5 Year-33.0%-33.0%-13.7%-25.3%13.0%2.4%

Price Volatility Vs. Market

How volatile is Sangam Renewables's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Sangam Renewables undervalued compared to its fair value and its price relative to the market?

1.11x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 534618's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 534618's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 534618 is unprofitable, so we can't compare its PE Ratio to the Renewable Energy industry average.

PE vs Market: 534618 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 534618's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 534618 is overvalued based on its PB Ratio (1.1x) compared to the IN Renewable Energy industry average (0.4x).


Next Steps

Future Growth

How is Sangam Renewables forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.9%

Forecasted Utilities industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Sangam Renewables has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Sangam Renewables performed over the past 5 years?

-2183.8%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: 534618 is currently unprofitable.

Growing Profit Margin: 534618 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if 534618's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare 534618's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 534618 is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (27%).


Return on Equity

High ROE: 534618 has a negative Return on Equity (-4.82%), as it is currently unprofitable.


Next Steps

Financial Health

How is Sangam Renewables's financial position?


Financial Position Analysis

Short Term Liabilities: 534618's short term assets (₹125.8M) do not cover its short term liabilities (₹151.0M).

Long Term Liabilities: 534618's short term assets (₹125.8M) do not cover its long term liabilities (₹399.2M).


Debt to Equity History and Analysis

Debt Level: 534618's debt to equity ratio (93.1%) is considered high.

Reducing Debt: Insufficient data to determine if 534618's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if 534618 has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 534618 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Sangam Renewables's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 534618's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 534618's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 534618's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 534618's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 534618's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.8yrs

Average management tenure


CEO

Sharad Saxena (59yo)

1.08yrs

Tenure

Mr. Sharad Kumar Saxena is Whole-Time Director at Sangam Renewables Limited since April 08, 2019. He is graduate in Mechanical Engineering from NIT, Calicut and MBA (Marketing) from Punjab University. In p ...


Leadership Team

NamePositionTenureCompensationOwnership
Sharad Saxena
Whole-Time Director1.08yrsno datano data
Bhag Bhandari
Chief Financial Officer1.08yrsno datano data
Ruchi Sethi
Company Secretary & Compliance Officer3.17yrsno datano data
Sonu Bachhawat
Senior Executive8.42yrs₹80.00kno data
Pujan Doshi
Executive Director3.67yrsno data1.86% 5.1m
Varsha Nahar
Executive9.08yrs₹400.00kno data
Seema Munot
Executive9.08yrs₹550.00kno data

5.8yrs

Average Tenure

38yo

Average Age

Experienced Management: 534618's management team is seasoned and experienced (5.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Sharad Saxena
Whole-Time Director1.08yrsno datano data
Pujan Doshi
Executive Director3.67yrsno data1.86% 5.1m
Mitul Mehta
Non-Executive Independent Director3.67yrs₹170.00kno data
Nilesh Gandhi
Non-Executive Independent Chairman of the Boardno data₹205.00kno data
Anita Jaiswal
Non-Executive Independent Additional Director0.92yrno datano data

2.4yrs

Average Tenure

45yo

Average Age

Experienced Board: 534618's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 26%.


Top Shareholders

Company Information

Sangam Renewables Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sangam Renewables Limited
  • Ticker: 534618
  • Exchange: BSE
  • Founded: 1999
  • Industry: Renewable Electricity
  • Sector: Utilities
  • Market Cap: ₹272.504m
  • Shares outstanding: 26.23m
  • Website: https://www.sangamrenew.com

Number of Employees


Location

  • Sangam Renewables Limited
  • 501, Western Edge-I
  • Off: Western Express Highway
  • Mumbai
  • Maharashtra
  • 400066
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
534618BSE (Mumbai Stock Exchange)YesEquity SharesININRAug 2012

Biography

Sangam Renewables Limited generates power in India. It generates electricity from solar power plants. The company also provides solar business management consultancy services. It serves the industrial, institutional, and commercial sectors. The company was formerly known as Sangam Advisors Limited. Sangam Renewables Limited was incorporated in 1999 and is based in Mumbai, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/29 13:30
End of Day Share Price2020/05/28 00:00
Earnings2019/03/31
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.