BSE: 532005
SAM INDUSTRIES LTD.
Operates a real estate business focused on residential and commercial projects, alongside an investment segment that holds and trades long-term securities. In FY26, revenue from operations stood at ₹12.9989 crore, with the Real Estate & Renting segment as the principal business line. A 7-year 3-month warehouse lease with Delhivery Limited, including a 2-year lock-in, was signed in May 2026, indicating property-leasing activity within the real estate segment. The Investment segment contributed an additional ₹516.22 lakh in FY26 through net gains on sale of long-term investments, recorded under other income. Quarterly revenue from the real estate segment varied across FY26 — Q1 ₹2.3374 crore, Q2 ₹4.3037 crore, Q3 ₹3.6223 crore and Q4 ₹3.0401 crore — while the investment segment swung between positive and negative EBIT across quarters. Total assets stood at ₹118.5118 crore with a debt-to-equity ratio of 0.42, and capex of ₹6.6026 crore (50.8% of operating revenue) was recorded in FY26. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Real Estate & Renting, Investments. Small, asset-heavy real estate business with a treasury and investment portfolio
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 9 | 26 | 10 | 14 | 13 |
| EBITDA (ex other income) | 4 | 7 | 2 | 5 | 5 |
| margin % | 45.3 | 27.6 | 21.8 | 37.0 | 37.2 |
| Owners' profit | 6 | 5 | 11 | 3 | 5 |
| EPS, as reported (₹) | 5.37 | 4.87 | 9.67 | 2.83 | 4.40 |
| ROE % · ROCE % | 11.5 · 13.6 | 9.5 · 12.6 | 15.8 · 14.1 | 4.4 · 5.9 | 6.4 · 7.9 |
| Debt / equity (x) | 0.04 | 0.00 | 0.39 | 0.46 | 0.42 |
| Cash from operations | 9 | 11 | 2 | 6 | 12 |
| Capex | 0 | (0) | (2) | (40) | (7) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3 | 3 | 2 | 5 | 2 | 4 | 4 | 3 |
| Profit before tax | 2 | 1 | (0) | 1 | 2 | 3 | 0 | 0 |
| Net profit | 2 | (0) | 1 | 0 | 2 | 2 | 0 | 1 |
| EPS (₹) | 1.38 | (0.02) | 1.27 | 0.20 | 1.46 | 1.99 | 0.38 | 0.58 |
Exhibit 3: Segment revenue, FY26
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Real Estate & Renting | 7 | 39.4 |
| Investment | 5 | 25.5 |
| REAL ESTATE | 4 | 19.4 |
| INVESTMENT | 1 | 3.2 |
| Real Estate | 2 | 12.5 |
| Total, before eliminations | 19 | 100.0 |
Exhibit 4: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| KESAR INDIA LIMITED | 3,089 | 82.0 | 12.40 | 67.0 | 12.0 | 15.2 | — | 26.9 |
| MEGHNA INFRACON INFRA L | 1,460 | 215.4 | 54.28 | 143.3 | 20.8 | 33.9 | — | 15.3 |
| India Homes Limited | 1,015 | — | 27.41 | — | (31.0) | (17.8) | — | — |
| B-RIGHT REALESTATE LIMITED | 954 | 26.6 | — | — | — | 19.2 | — | — |
| SHRADDHA PRIME PROJECTS L | 666 | 11.9 | 4.88 | 11.3 | 39.1 | 20.2 | — | 16.1 |
| YOGI LTD. | 656 | 31.5 | 4.61 | 25.6 | 14.9 | 15.6 | — | 5.1 |
| HAZOOR MULTI PROJECTS LTD | 409 | 5.5 | 0.66 | 3.1 | 6.8 | 5.8 | — | 86.5 |
| RDB INFRASTRUCTURE AND POWER L | 340 | 17.3 | 1.28 | 21.5 | 4.7 | 5.7 | 16.3 | 23.7 |
Exhibit 5: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 8.1 | 17.4 | 13 of 61 | 80% |
| P/B | 0.5 | 1.1 | 19 of 70 | 74% |
| ROCE | 5.4 | 1.9 | 25 of 88 | 72% |
| ROE | 6.4 | 1.6 | 20 of 73 | 74% |
| Debt / Equity | 0.4 | 0.3 | 46 of 73 | 38% |
| EBITDA margin | 44.0 | 15.3 | 17 of 59 | 72% |
| Revenue growth | (46.0) | (11.0) | 40 of 64 | 38% |
| Profit growth | 185.3 | (48.8) | 9 of 79 | 90% |
| Market cap | 40 | 30 | 40 of 88 | 55% |
Exhibit 6: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 12 Oct 2026 · Quarterly Compliance Certificate on Demat and Remat Activity | compliance | minimal | — | — |
| 1 Oct 2026 · 32nd AGM voting results: all 3 resolutions passed with 99.99% majority | board shareholder meetings | low | — | — |
| 30 Sept 2026 · Sam Industries 32nd AGM held on Sep 30, 2026 via video conferencing | board shareholder meetings | low | — | — |
| 21 Sept 2026 · Trading Window Closure from Oct 1, 2026 for Q2 Results | compliance | minimal | — | — |
| 25 Aug 2026 · Letter sent to shareholders without registered emails for 32nd AGM | compliance | minimal | — | — |
| 25 Aug 2026 · Letters sent to shareholders without registered emails for 32nd AGM | compliance | minimal | — | — |
| 25 Aug 2026 · Notice of 32nd AGM with remote e-voting and book closure details | compliance | minimal | — | — |
| 20 Aug 2026 · Sam Industries files FY26 annual report; 32nd AGM on Sept 30, 2026 | board shareholder meetings | medium | — | — |
| 20 Aug 2026 · Sam Industries 32nd AGM on Sep 30, 2026 via video conferencing | board shareholder meetings | medium | — | — |
| 14 Aug 2026 · Book closure and record date set for 32nd AGM on 30 Sep 2026 | board shareholder meetings | low | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.