NSE: SANGHIIND | BSE: 526521

Weak Stock

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54.15 -0.16 (-0.29%)

51.92% Fall from 52W High

811.1K NSE+BSE Volume

NSE 13 Mar, 2025 3:31 PM (IST)

1,398.8

Market Cap

Below industry Median

1.2

Beta 1Year

Very High Volatility

Sanghi Industries Ltd. share price target and research reports

Name: Latest research reports of Sanghi Industries Ltd. authored by Anand Rathi and published by - Trendlyne research reports.
Item: Sanghi Industries Ltd.
Rating: 5
Author: Anand Rathi

Latest analyst research reports with target prices and PDF download for SANGHIIND, BSE:526521 Sanghi Industries Ltd.

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Sanghi Industries Ltd.

17 Aug 2020

54.15

-0.29%

Sanghi Ind

Buy: Sanghi Industries Ltd.

Anand Rathi

Outlook, Valuation. With ~98% of the Kutch expansion completed (3.3m tons for clinker, 2m tons for cement), management expects production to commence by Q3 FY21. The Surat GU expansion continues to be deferred. The company has applied for a moratorium on loan repayment. Clinker exports are expected to be poor in the near term. While demand in Maharashtra continues to be weak, pent-up demand and rural demand in Gujarat are expected to provide a boost. We expect volumes to dip 4% in FY21 and grow 39% in FY22 on greater demand and the Kutch GU...

Sanghi Industries Ltd. has lost -37.86% in the last 6 Months

Sanghi Industries Ltd.

27 Jun 2020

54.15

-0.29%

Sanghi Ind

Sell: Sanghi Industries Ltd.

Yes Securities

Operating performance: Slump in volumes was offset by robust pricing scenario in Gujarat during Q4FY20 (NSR +19%y/y)andsofterenergycosts.Accordingly,EBITDA/te ofSNGIstoodatRs1,069sturdygrowthof65%y/ywhile absoluteEBITDAgrewby~12%toRs514mn. Leverage position: Total Net debt/EBITDA of company...

Sanghi Industries Ltd. has lost -37.86% in the last 6 Months

Sanghi Industries Ltd.

14 Aug 2019, 12:00AM

54.15

-0.29%

Healthy realizations support margins amid volumes pressure

Buy: Sanghi Industries Ltd.

Target

Motilal Oswal

Volumes decline, but realizations healthy: Volumes declined 12% YoY to 0.6mt in 1QFY20 due to demand pressure in Gujarat (-11% YoY). However, realizations were up 13% YoY at INR4,562/t, resulting in revenue of INR2.7b (flat YoY; our estimate: INR2.6b). driving an improvement in margins: Unitary cost increased 2% YoY to INR3,469/t, as savings in freight and power & fuel cost were offset by higher other expenses. However, strong realizations led to a 71% YoY (+68% QoQ) increase in EBITDA/t to INR1,093, with EBITDA at INR657m (+51% YoY; our...

Sanghi Industries Ltd. has lost -37.86% in the last 6 Months

Sanghi Industries Ltd.

18 Feb 2019

54.15

-0.29%

Sanghi Industries Ltd - Result Update Q3FY19

Buy: Sanghi Industries Ltd.

Target

Edelweiss

Sanghi Industries' operating performance was lower than our estimates with EBITDA at INR 32.1 Cr against our estimate of INR 42.5 Cr.

Number of FII/FPI investors increased from 15 to 22 in Dec 2024 qtr.

Sanghi Industries Ltd.

20 Nov 2018

54.15

-0.29%

Sanghi Industries Limited - Result Update Q2FY19

Buy: Sanghi Industries Ltd.

Target

Edelweiss

Sanghi Industries' operating performance was above our estimates with adjusted EBITDA at INR 36.4 Cr against our estimate of INR 27 Cr.

Sanghi Industries Ltd. is trading below all available SMAs

Sanghi Industries Ltd.

19 Nov 2018

54.15

-0.29%

Outpaces industry on volumes front; lower than estimated costs fortify

Buy: Sanghi Industries Ltd.

Target

Motilal Oswal

Lower-than-estimated cost/t supports margins: Unitary cost declined 1% QoQ (+3% YoY) to INR3,415/t (our estimate: INR3,652), led by lower freight/cost. EBITDA/t declined 19% QoQ (-46% YoY) to INR523, with EBITDA at INR324m (-31% YoY/-25% QoQ) as against our estimate of INR236m. PAT declined 82% YoY to INR20m (our estimate: INR25m). Management commentary: (1) SNGI introduced slag cement in the quarter. Higher slag prices led to increased RM cost. (2) The company plans to continue growing higher than industry, with plans to reach volumes of ~2.83mt in FY19. (3) Power & fuel cost was higher YoY in 2QFY19, as the...

Sanghi Industries Ltd. has lost -31.69% in the last 3 Months

Sanghi Industries Ltd.

08 Aug 2018

54.15

-0.29%

Volumes impacted by unavailability of fleet

Buy: Sanghi Industries Ltd.

Target

Motilal Oswal

Realizations at INR4,114/t (-5% YoY, +1% QoQ) were lower than our estimate of INR 4,191/t higher prices in April-May were offset by lower prices in June. Revenue fell 4% YoY (but grew 8% QoQ) to INR2.7b, in line with our estimate. Unitary cost grew 4% YoY (and 1% QoQ) to INR3,465/t, led by higher power and fuel cost at INR1,232/t (+18% YoY, +13% QoQ). EBITDA/t stood at INR649 (-35% YoY, -2% QoQ). EBITDA declined 34% YoY (but grew 5% QoQ) to INR434m v/s our estimate of INR480m. Interest cost at INR123m declined 34% YoY and 29% QoQ due to re-pricing of high cost debt of INR3.3b with lower interest cost. (1) Strong growth in underlying markets of Gujarat at 15% YoY and Maharashtra at 9% YoY; (2) Freight cost/t declined QoQ due to reduction in lead distance; (3) Lower proportion of PPC sales at 33% v/s 38% in 1QFY18 due to unavailability of flyash.

Number of FII/FPI investors increased from 15 to 22 in Dec 2024 qtr.

Sanghi Industries Ltd.

21 May 2018

54.15

-0.29%

Sanghi Industries (SNGI) results got affected by plant shutdown, purchase of clinker, hig...

Hold: Sanghi Industries Ltd.

Emkay

higher freight costs and unavailability of lignite. It delivered EBITDA of Rs410mn against our estimate of Rs478mn and EBITDA/tonne of Rs670 v/s our estimate of Rs770. Sales volume declined by 21.3% yoy due to plant shutdown for 15 days. The company had to undertake some unscheduled repair & maintenance. Realization remained strong at 31% yoy, as cement prices were better in Gujarat. impact due to accounting changes for freight and (C) unavailability of lignite, leading to switch to imported coal. EBITDA/tn stood at Rs670 vs/ Rs541/Rs827 in Q4FY17/Q3FY18. Expansion plans of 4mt are on track and should get completed by Apr'20E. We prefer...

Sanghi Industries Ltd. has lost -31.69% in the last 3 Months

Sanghi Industries Ltd.

14 Feb 2018, 12:00AM

54.15

-0.29%

Sanghi Industries Limited. Result Update Q3FY18

Buy: Sanghi Industries Ltd.

Target

Edelweiss

Sanghi Industries Limited (SNGI) Q3FY18 results were broadly in-line with our estiamtes. Net revenue and cement sales volume remained in-line our estimaes while net profit exceeded our...

Number of FII/FPI investors increased from 15 to 22 in Dec 2024 qtr.

Sanghi Industries Ltd.

26 Dec 2017

54.15

-0.29%

Sanghi Industries: Ready for the next leap

Buy: Sanghi Industries Ltd.

Motilal Oswal

SIL's strength lies in its access to 1b tonne of quality marine limestone reserves, which should allow it to sustainably add capacity over the next 15 years. We expect SIL's margins to expand by 8.4pp over FY17-20, led by its three-pronged strategy: (i) commissioning of a waste heat recovery system (WHRS), (ii) focusing more on the coastal mode of transportation by way of acquisition of ships and (iii) achieving a favorable revenue mix with higher proportion of Portland Pozzolana Cement (PPC). In our view, SIL is a strong candidate for a re-rating, led by (i) expected increase in its capacity from 4.1mt now to 8.2mt over the next 30 months and (ii) anticipated scale benefits led by diversification into new higher-priced markets

Sanghi Industries Ltd. is trading below all available SMAs

Is Sanghi Industries Ltd. worth buying?

136 Votes:

Buy 82.35%

Sell 11.03%

Hold 6.62%