# Sanghi Industries share price (Sanghi Industries Ltd, NSE: SANGHIIND)

> Sanghi Industries share price: ₹49.88 at the NSE close on 2 April 2026, the latest close in our records; down 14.9% in the year to that date. Sanghi Industries (NSE: SANGHIIND) is worth ₹1,289 crore, trades at a P/E of 25.2 and has closed between ₹49.65 and ₹68.31 over the past 52 weeks. > Sanghi Industries Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. SANGHIIND · Cement Products · data as of 2 April 2026. Page: https://www.sectoralpha.in/stocks/sanghi-industries-ltd

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## Key numbers

- Price: ₹49.88 (−14.9% in a year)
- P/E: 25.2× (higher than 70% of the last 6.4 years)
- Revenue (Dec 2025): ₹275 Cr (+6.2% on a year ago)
- Profit (Dec 2025): −₹115 Cr
- Operating margin: 8.0% (−4.0 points on a year ago)
- ROCE: −4%, FY25
- ROIC: −8.7%, against a 12.0% cost of capital: −20.7 points
- Profit that came in as cash: 421%, last 3 years

Biggest thing to watch: the P/E is higher than 70% of its own history, so the multiple has already done part of the work. ## What is the 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. 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. ## What changed at Sanghi Industries this quarter? 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. ## What are Sanghi Industries' latest quarterly results? 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

| Measure | October to December 2025 | October to December 2024 | Change |
| --- | --- | --- | --- |
| Revenue | ₹275 crore | ₹259 crore | +6.2% |
| Profit | loss of ₹115 crore | loss of ₹97.0 crore | n/a |
| Earnings per share | ₹−4.47 | ₹−3.75 | n/a |
| Operating margin | 8.0% | 12.0% | −4.0 points |

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.)

## What is the Sanghi Industries share price history? 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

| When | Close | Change to 2 Apr 2026 |
| --- | --- | --- |
| 1 week ago · 27 Mar 2026 | ₹49.65 | +0.5% |
| 1 month ago · 6 Mar 2026 | ₹55.77 | −10.6% |
| 6 months ago · 3 Oct 2025 | ₹65.22 | −23.5% |
| 1 year ago · 4 Apr 2025 | ₹58.60 | −14.9% |
| 3 years ago · 31 Mar 2023 | ₹65.75 | −24.1% |
| 5 years ago · 1 Apr 2021 | ₹43.85 | +13.8% |
| 10 years ago · 1 Apr 2016 | ₹63.65 | −21.6% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹52.50 | −5.0% |
| Highest weekly close since March 2016 · 12 Jan 2024 | ₹142.90 | −65.1% |
| Lowest weekly close since March 2016 · 8 May 2020 | ₹16.35 | +205.1% |
| 52-week high (weekly close) · 25 Jul 2025 | ₹68.31 | −27.0% |
| 52-week low (weekly close) · 27 Mar 2026 | ₹49.65 | +0.5% |

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.)

## What is the latest news on Sanghi Industries? 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. ## What dividend does Sanghi Industries pay? 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 4 November 2026.)

## What did Sanghi Industries management say on the latest results call? 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](https://files.tijoristack.ai/concall/transcript/2938-30-Jan-2026.pdf). (From the call for October to December 2025, 30 January 2026.)

## Which stock lists is Sanghi Industries on? Sanghi Industries is not on any of our India lists this week. ## Is Sanghi Industries profitable? 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. ## How much revenue does Sanghi Industries make, and is it growing? 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. 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). ## How much of every ₹100 of sales does Sanghi Industries keep? 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. 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. ## Is Sanghi Industries' profit turning into cash? 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. 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. ## Where does Sanghi Industries' cash go? 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. 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. ## What is Sanghi Industries' P/E ratio, and how does it compare with its own history? 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. 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. ## Is the Sanghi Industries business getting better or worse? 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. Why it matters: with too little history, we say so rather than guess a direction. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Sanghi Industries earn on its capital? Sanghi Industries Ltd earned a ROCE of −4% in FY25. That is up from a low of −5% in FY24. Its return on capital used (ROIC) is 20.7 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a −51.4% net margin and 0.26× asset turnover (sales divided by assets). Why the return is what it is (FY25): a −51.4% net margin × 0.26× asset turnover × 6.10× leverage (assets divided by equity) ≈ −81.5% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: −8.7% − 12.0% = −20.7 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The −8.7% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at −4.5%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Sanghi Industries have too much debt? Sanghi Industries Ltd has total debt of ₹2,494 Cr against shareholder equity of ₹421 Cr as of Dec 2025, so its debt is 5.92× its equity. Year by year, that ratio went from 0.79 in FY21 to 4.09 in FY25. Keep that borrowing in mind when reading the returns on this page. ## What is the Sanghi Industries shareholding pattern? Promoters raised their stake in Sanghi Industries Ltd by 2.4 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 75.0% of the company. Foreign institutions moved +0.3 points over the same period, to 1.4%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: +2.4 points over 8 quarters, to 75.0%; Foreign institutions: +0.3 points over 8 quarters, to 1.4%; Domestic institutions: +0.0 points over 8 quarters, to 0.7%. Why the owners changed: promoters drove it (+2.4 points). They raised their stake step by step. ## How far is Sanghi Industries from balance-sheet trouble? For Sanghi Industries Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Sanghi Industries rank in its industry? 39.2 out of 100, rank 6 of 6 in Cement Products, with 33% of the evidence available. It is provisional, so it is ranked below companies with full evidence. Sanghi Industries Ltd scores 39.2 out of 100 against the 6 companies it is compared with in Cement Products, ranking 6. Some evidence is missing, so the score is pulled toward the middle on purpose. The three scored parts add up to the total exactly: 19.9 + 6.8 + 12.5 = 39.2 (no relative-strength reading this week; its 20 points are shared across the other three). This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Sanghi Industries compared with? Sanghi Industries ranks 6 of 6 Cement Products companies on the 4-Factor Sector Score, with 39.2 out of 100. 1. [Visaka Industries Ltd](https://www.sectoralpha.in/stocks/visaka-industries-ltd) VISAKAIND · losing its lead · Most evidence points up · 80% evidence 71.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 30.3/35 · Revenue 10.8% · Profit 100% · Operating margin change 5 points · 100% evidence Capital efficiency 13.6/25 · ROCE 6.8% · Operating margin 15% · 100% evidence Valuation 10.0/20 · P/E 10.1× · PEG n/a · 0% evidence Relative strength 18.0/20 · Lead over its industry 13.1% · Lead over NIFTY 500 12.2% · 1 year -0.3% · 100% evidence · 11 of 12 weeks ahead Exact sum: 30.3 + 13.6 + 10 + 18 = 71.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Ramco Industries Ltd](https://www.sectoralpha.in/stocks/ramco-industries-ltd) RAMCOIND · quiet · Most evidence points up · 82% evidence 68.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.9/35 · Revenue 13.4% · Profit 57.7% · Operating margin change 4 points · 100% evidence Capital efficiency 12.8/25 · ROCE 4.6% · Operating margin 17% · 100% evidence Valuation 17.2/20 · P/E 7.8× · PEG 0.24 · 85% evidence Relative strength 9.6/20 · Lead over its industry n/a · Lead over NIFTY 500 -2.5% · 1 year -19.1% · 25% evidence · 5 of 12 weeks ahead Exact sum: 28.9 + 12.8 + 17.2 + 9.6 = 68.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [GPT Infraprojects Ltd](https://www.sectoralpha.in/stocks/gpt-infraprojects-ltd) GPTINFRA · turning · Most evidence points up · 79% evidence 66.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.3/35 · Revenue 1.6% · Profit 14.5% · Operating margin change 4 points · 95% evidence Capital efficiency 20.7/25 · ROCE 21.4% · Operating margin 16% · 76% evidence Valuation 9.9/20 · P/E 14.4× · PEG n/a · 35% evidence Relative strength 18.0/20 · Lead over its industry 4.1% · Lead over NIFTY 500 3.8% · 1 year 5.2% · 100% evidence · 2 of 12 weeks ahead Exact sum: 18.3 + 20.7 + 9.9 + 18 = 66.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Indian Hume Pipe Company Ltd](https://www.sectoralpha.in/stocks/indian-hume-pipe-company-ltd) INDIANHUME · quiet · Most evidence points down · 97% evidence 32.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 4.2/35 · Revenue -9.3% · Profit -73.7% · Operating margin change -1 points · 100% evidence Capital efficiency 15.0/25 · ROCE 9.5% · Operating margin 10% · 100% evidence Valuation 13.7/20 · P/E 16.7× · PEG 1.08 · 85% evidence Relative strength 0.0/20 · Lead over its industry -12.3% · Lead over NIFTY 500 -12.6% · 1 year -17.1% · 100% evidence · 8 of 12 weeks ahead Exact sum: 4.2 + 15 + 13.7 + 0 = 32.9 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 5. [BirlaNu Ltd](https://www.sectoralpha.in/stocks/birlanu-ltd) BIRLANU · losing its lead · Most evidence points down · 71% evidence 31.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.3/35 · Revenue 8.2% · Profit -80% · Operating margin change 2.4 points · 74% evidence Capital efficiency 1.4/25 · ROCE -4.3% · Operating margin 6.2% · 100% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 6.8/20 · Lead over its industry -11.4% · Lead over NIFTY 500 -11.5% · 1 year -35.1% · 100% evidence · 6 of 12 weeks ahead Exact sum: 13.3 + 1.4 + 10 + 6.8 = 31.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. Sanghi Industries Ltd this page SANGHIIND · Too little evidence to rank firmly · 33% evidence 39.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.9/43.75 · Revenue 24.1% · Profit -5.7% · Operating margin change -4 points · 42% evidence Capital efficiency 6.8/31.25 · ROCE -3.9% · Operating margin 8% · 75% evidence Valuation 12.5/25 · P/E n/a · PEG n/a · 0% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 19.9 + 6.8 + 12.5 = 39.2 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Jun 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Cement Products](https://www.sectoralpha.in/sectors/cement-products), all 6 compared on one page. ## Which companies are close to Sanghi Industries in size? Sanghi Industries is the 4th largest of 6 Cement Products companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Ramco Industries, Indian Hume Pipe Company and GPT Infraprojects. Just below it: BirlaNu and Visaka Industries. ### Cement Products companies close in size

1. [Ramco Industries Ltd](https://www.sectoralpha.in/stocks/ramco-industries-ltd) ₹2,464 crore
2. [Indian Hume Pipe Company Ltd](https://www.sectoralpha.in/stocks/indian-hume-pipe-company-ltd) ₹1,563 crore
3. [GPT Infraprojects Ltd](https://www.sectoralpha.in/stocks/gpt-infraprojects-ltd) ₹1,418 crore
4. Sanghi Industries Ltd ₹1,289 crore
5. [BirlaNu Ltd](https://www.sectoralpha.in/stocks/birlanu-ltd) ₹938 crore
6. [Visaka Industries Ltd](https://www.sectoralpha.in/stocks/visaka-industries-ltd) ₹687 crore

[All 6 Cement Products companies, largest first](https://www.sectoralpha.in/sectors/cement-products#all-companies)

### Companies close in size in other industries

1. [TAAL Tech Ltd](https://www.sectoralpha.in/stocks/taal-tech-ltd) ₹1,298 crore · IT - ER&D
2. [India Pesticides Ltd](https://www.sectoralpha.in/stocks/india-pesticides-ltd) ₹1,297 crore · Pesticides/Agrochemicals
3. Sanghi Industries Ltd ₹1,289 crore
4. [Gujarat Kidney & Super Speciality Ltd](https://www.sectoralpha.in/stocks/gujarat-kidney-super-speciality-ltd) ₹1,288 crore · Hospitals/Medical Services
5. [All Time Plastics Ltd](https://www.sectoralpha.in/stocks/all-time-plastics-ltd) ₹1,286 crore · Plastics - Others

## What else do people ask about Sanghi Industries? ### What were Sanghi Industries's latest quarterly results? Sanghi Industries Ltd reported revenue of ₹275 Cr and a net loss of ₹115 Cr for the Dec 2025 quarter. Earnings per share were −₹4.47. The operating margin was 8.0%, 4.0 percentage points lower than a year earlier (as of 2 April 2026). ### What is Sanghi Industries's market cap? Sanghi Industries Ltd's market capitalisation is ₹1,289 Cr at a share price of ₹49.88. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 2 April 2026). ### How is Sanghi Industries performing? Sanghi Industries Ltd's share price has been falling for 103 weeks. Over the past 13 weeks it has done worse than the NIFTY 500, for 11 weeks running. This describes what the data did, not a rating (as of 2 April 2026). ### Will Sanghi Industries's share price go up? This page does not forecast Sanghi Industries Ltd's share price. What it shows instead: the share price is ₹49.88, and it has been falling for 103 weeks. Its P/E of 25.2× is higher than 70% of its own last 6 years (as of 2 April 2026). ### Who owns Sanghi Industries? Promoters own 75.0% of Sanghi Industries Ltd, foreign institutions 1.4%, domestic institutions 0.7% and the public 23.0% (latest quarter). The biggest change over the last two years: Promoters raised their stake by 2.4 percentage points over 8 quarters (as of 2 April 2026). ### Does Sanghi Industries have too much debt? Yes, Sanghi Industries Ltd has a lot of debt: its debt is 4.09× its equity, and its operating profit is 0 times its interest bill. FY25 borrowings were ₹2,506 Cr against equity of ₹612 Cr. Keep that borrowing in mind when reading the returns on this page (as of 2 April 2026). ### Is Sanghi Industries's profit real cash? Yes, over the last 3 years, 421% of Sanghi Industries Ltd's reported profit came in as cash from operations. The latest year was lower at 50%, so the trend is worth watching. In FY25, operating cash was −₹249 Cr against reported profit of −₹498 Cr. Most of that cash then goes into building new capacity. These are yearly figures (as of 2 April 2026). ### Where is Sanghi Industries in its business cycle? Sanghi Industries Ltd's FY25 operating margin was 7.0%, against a 12-year range of −9.0% to 26.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 8.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 2 April 2026). ### What could break the Sanghi Industries story? Biggest thing to watch: the P/E is higher than 70% of its own history, so the multiple has already done part of the work. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 2 April 2026). ### Is Sanghi Industries a stock worth studying right now? What the numbers show: Sanghi Industries Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 2 April 2026). This is research, not advice. We’re not SEBI-registered.