Sanghi Industries share price

Sanghi Industries Ltd's share price was ₹49.88 at the close on 2 April 2026. It has been falling for 103 weeks. That is 19.8% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹50 and ₹68, and at that close it sat 1% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Sanghi Industries Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 11 weeks running.

Over the last 10 years the share price moved −5% while the NIFTY 500 moved +255%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 16 January 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: profit fell in the December 2025 quarter, revenue up on a year earlier for 5 quarters in a row and operating margin down 4 points on a year earlier.

1. Profit fell in the December 2025 quarter

   Profit was ₹-115 crore, -18.6% on a year earlier (₹-97 crore), after 2 quarters of growth.

   Why: The Sanghi plant was held back by equipment damage and low-voltage transmission problems, which hurt profit.

   Next results: check whether Sanghi's plant use recovers, since management said acquired assets were at 65% by December.

   From the earnings call on 30 Jan 2026.

2. Revenue up on a year earlier for 5 quarters in a row

   In the December 2025 quarter revenue was ₹275 crore, +6.2% on a year earlier.

3. Operating margin down 4 points on a year earlier

   8% in the December 2025 quarter, from 12%.

   Why: Margins fell because Sanghi's December quarter cost came at Rs 4,500 per ton, which management called an aberration due to one-time expenses.

   Next results: check whether cost per ton falls from Rs 4,500, since management said January was already below Rs 4,000.

   From the earnings call on 30 Jan 2026.

For October to December 2025 (the quarter ended 31 December 2025), Sanghi Industries reported revenue of ₹275 crore, up 6.2% from ₹259 crore a year earlier, and a loss of ₹115 crore.

Sanghi Industries results: October to December 2025 against a year earlier

The next results, for January to March 2026, are due by 30 May 2026: listed companies must publish quarterly results within 60 days of the quarter's end (the January to March quarter comes with the full-year accounts).

Sanghi Industries' management discussed these results on a call held on 30 January 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 31 December 2025). Revenue and profit in ₹ crore.

Sanghi Industries closed at ₹49.88 on 2 April 2026, down 14.9% from ₹58.60 a year earlier (4 April 2025) and up 13.8% over five years. Its highest weekly close since March 2016 was ₹142.90 on 12 January 2024.

Sanghi Industries share price: then and now

Weekly closing prices. Each change is the move from that price to the 2 Apr 2026 close. A day's intraday high or low can go beyond these weekly closes.

526 weekly closes from 11 March 2016 to 2 April 2026.

2 Apr 2026: Sanghi Industries closed at ₹49.88, up 0.5% on the week and down 10.6% on the month. 30 Jan 2026: Sanghi Industries held its results call for October to December 2025.

Earlier

• Results for October to December 2025: Revenue up 6.2% on a year earlier.

Sanghi Industries has paid no dividend on the NSE since 1 April 2021, the start of the period we checked.

No. Sanghi Industries Ltd paid out 0% of its profit as dividends in each of its last 12 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate.

From the NSE corporate-actions record, read 5 November 2026.

On the call for October to December 2025, held on 30 January 2026, Sanghi Industries' management spoke about the quarter; the main points are below.

“This marks the beginning of a unified 'one cement' platform that will accelerate our growth trajectory, support EBITDA expansion, strengthen operational excellence leverage, improve logistics density, and enhance capital efficiency. We see this driving long-term value creation over the next 24 to 36 months.”Vinod Vaidya, CEO, on the call for October to December 2025

Source: the call transcript.

From the call for October to December 2025, 30 January 2026.

Sanghi Industries is not on any of our India lists this week.

Sanghi Industries Ltd posted a net loss of ₹115 Cr in the Dec 2025 quarter. The full FY25 year was a loss of ₹498 Cr. That loss is 41.8% of the quarter's revenue. The same quarter a year earlier lost ₹97.0 Cr. 12 of the last 12 reported quarters were loss-making.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

Sanghi Industries Ltd reported ₹275 Cr of revenue in the Dec 2025 quarter, +6.2% on the same quarter a year earlier. That is the 5th quarter in a row with growth on the year before. Over 10 years it has grown 0.4% a year on average. The last full year, FY25, came in at ₹969 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹1,140 Cr.

FY25 revenue was ₹969 Cr, +17.0% on the year before.

Recent pace: the last four quarters grew +30.3% on average, against 0.4% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +24.0%, against +22.2% a year over the last 8 quarters (stabilising).

Sanghi Industries Ltd's operating margin was 8.0% in the Dec 2025 quarter, 4.0 percentage points lower than the same quarter a year ago. Across 12 years it has been between −9.0% and 26.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −3.4 percentage points on the year while gross margin changed −1.4 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

Over the last 3 years, 421% of Sanghi Industries Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 its operations used ₹249 Cr of cash, against −₹498 Cr of profit. After ₹268 Cr of spending on assets, free cash was −₹517 Cr: it spent more than its operations brought in.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

Sanghi Industries Ltd's customer, stock and supplier day counts come out in the thousands of days on sales this small (₹969 Cr in FY25), so no cash-cycle chart is drawn and this section looks at its spending on assets instead. It spent ₹452 Cr on assets over the last 3 years.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Averaged over those years that is 15.5% of FY25 revenue a year.

Spending on assets: ₹452 Cr over the last 3 years, against ₹418 Cr of depreciation (the yearly wear and tear on existing assets). So it is building a little beyond replacing what wears out. Work still in progress is ₹149 Cr (FY25): assets paid for that are not earning yet.

In short: most of the cash goes on covering the loss, not on new assets; spending on assets is small next to it.

Sanghi Industries Ltd's P/E is 25.2×, near the high end of its own history: higher than 70% of past readings. Its usual P/E (the middle reading) is 19.9×, over 6.4 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

Where the price move came from: over 5 years the price moved +2.6% a year; about −12.9% a year came from earnings growth and about +15.5 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple.

Sanghi Industries Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.