Sangam (India) Limited has informed the Exchange that Board of Directors at its meeting held on April 22, 2026, recommended Final Dividend of Rs. 2 per equity share.
SANGAMIND · price
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On the reaction day the stock moved 1.5 pts less than Nifty Microcap 250 and 1.7 pts less than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Sangam (India) Limited's Board of Directors recommended a final dividend of Rs. 2 per equity share (20% on face value of Rs. 10) for FY2026, subject to shareholder approval at the ensuing AGM. The company reported strong financial performance with standalone revenue from operations growing 12.2% to Rs. 3,18,950 lakhs from Rs. 2,84,301 lakhs in FY2025. Profit after tax more than tripled to Rs. 8,570 lakhs from Rs. 2,747 lakhs in the previous year. Basic EPS after exceptional items improved significantly to Rs. 17.06 from Rs. 5.47. Consolidated revenue stood at Rs. 3,23,453 lakhs with PAT of Rs. 8,260 lakhs. The Board also re-appointed Protiviti India as Internal Auditors and K.G. Goyal & Co. as Cost Auditors for FY2026-27.
The company has delivered a 3x increase in profitability and is recommending a dividend payout. The strong earnings growth and dividend recommendation are positive signals for shareholders. However, without knowing the current stock price, the dividend yield cannot be assessed.