NSE: SANGHIIND | BSE: 526521

Expensive Performer

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68.87 0.68 (1.00%)

28.82% Fall from 52W High

199.6K NSE+BSE Volume

NSE 30 Jul, 2025 3:31 PM (IST)

1,779.1

Market Cap

Above industry Median

0.9

Beta 1Year

Low volatility

Sanghi Industries Ltd. share price target and research reports

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

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

Sanghi Industries Ltd.

14 Nov 2017

68.87

1.00%

Sanghi Industries Ltd. - Result Update Q2FY18

Buy: Sanghi Industries Ltd.

Target

Edelweiss

Sanghi Industries Limited (SNGI) reported a mixed set of numbers in its Q2FY18 financial results. Net revenue remained flat y-o-y to INR 206crs as against INR 207crs in Q2FY17 and our estimate...

Sanghi Industries Ltd. is trading above all available SMAs

Sanghi Industries Ltd.

13 Nov 2017

68.87

1.00%

Sanghi Industries (2QFY18): Off season blues. Maintain NEUTRAL

Neutral: Sanghi Industries Ltd.

Recommendation Target

HDFC Securities

Maintain NEUTRAL with a revised TP of Rs 112 (7.0x Sep-19 EV/EBITDA, USD105/t). Sanghi Industries (SNGI) delivered a weak quarter (EBITDA at Rs 467mn, (0.5)/(29.3)% YoY/QoQ), despite good headline profitability (EBITDA/t at Rs 975, 20.9/(1.9)% YoY/QoQ). This was largely driven by weak volumes (0.48 mT, (17.7)% YoY), weighed down by heavy rains in Gujarat, leading to a dispatch holiday of a week or so.

Sanghi Industries Ltd. is trading above all available SMAs

Sanghi Industries Ltd.

21 Sep 2017

68.87

1.00%

Cement Channel Check: At a Sand'-Still

Buy: Sanghi Industries Ltd.

HDFC Securities

We maintain our cautious stance on most large caps, given rich valuations. Remain constructive on Birla Corp and Sanghi Industries. Cement prices are largely flattish YoY, and declines are seasonal in nature. However, continued sand shortages in states which contribute ~20% of cement demand may weigh on the volumes of cement companies in 2QFY18. Any delay in restoration of pet-coke supplies from US Gulf Coast would weigh on cement stocks.

Sanghi Industries Ltd. is trading above all available SMAs

Sanghi Industries Ltd.

11 Aug 2017

68.87

1.00%

Sanghi Industries Limited - Result Update Q1FY18

Buy: Sanghi Industries Ltd.

Target

Edelweiss

Sanghi Industries Limited (SNGI) reported a mixed set of numbers in its Q1FY18 financial results. Net revenue increased 6% y-o-y and 17% q-o-q to INR 288crs as against INR 271crs in...

Promoters released all pledges in Jun 2025 qtr.

Sanghi Industries Ltd.

10 Aug 2017

68.87

1.00%

Sanghi Industries (1QFY18): Strong delivery. Maintain BUY

Buy: Sanghi Industries Ltd.

HDFC Securities

Maintain BUY (TP: Rs 98, 5.5x June-19 EV/EBITDA, USD 93/t). Sanghi Industries (SNGI) witnessed a strong jump in realisations (Rs 4,325/t, 15.0/37.5% YoY/QoQ), driving the beat on EBITDA (Rs 994/t, 10.5/84.0% YoY/QoQ, est 855/t). Pricing gains, however, were offset largely by hardening costs (16.4/27.8% YoY/QoQ). Even ex-freight costs were sharply higher (15.5/34.3% YoY/QoQ), driven by hardening P&F; costs and overheads.

Sanghi Industries Ltd. is trading above all available SMAs

Sanghi Industries Ltd.

29 May 2017

68.87

1.00%

Sanghi Industries Limited - Strengthening Geographical Presence To Boost Profitability; Result Update Q4FY17

Buy: Sanghi Industries Ltd.

Target

Edelweiss

Sanghi Industries Limited reported a mixed set of numbers in its Q4FY17 financial number. Net revenue decreased due to lower realisation and lower clinker sales volume while...

Promoters released all pledges in Jun 2025 qtr.

Sanghi Industries Ltd.

25 May 2017

68.87

1.00%

Sanghi Industries (4QFY17): Cost leadership to continue. Maintain BUY

Buy: Sanghi Industries Ltd.

Target

HDFC Securities

Sanghi Industries (SNGI) delivered EBITDA/t of Rs 540, ahead of estimates (Rs 486/t, -34.8% YoY, 7.1% QoQ). Lower clinker sales (34kT, -85% QoQ and YoY) and cement pricing (-17% QoQ and YoY) drove the decline in EBITDA/t.

Sanghi Industries Ltd. is trading above all available SMAs

Sanghi Industries Ltd.

25 May 2017

68.87

1.00%

Sanghi industries (SNGI) Q4 result was largely in-line with estimates on operating levels...

Buy: Sanghi Industries Ltd.

Emkay

Sanghi industries (SNGI) Q4 result was largely in-line with estimates on operating levels with EBITDA at Rs423mn against our estimate of Rs432mn and EBITDA/tn at Rs541 against our estimate of Rs577. Tax reversals and lower interest cost led to higher profits. Sales volume of Cement & Clinker was down 13.9% YoY to 0.78mt primarily due to 85% YoY decline in clinker sales. Domestic sales volume was up 10% YoY to 0.72mt. However,...

Sanghi Industries Ltd. is trading above all available SMAs

Sanghi Industries Ltd.

09 Mar 2017

68.87

1.00%

Sanghi Industries Limited - Strengthening Geographical Presence to Boost Profitability

Buy: Sanghi Industries Ltd.

Edelweiss

Sanghi Industries (SNGI) is a well integrated cement manufacturing player based in Gujarat with an installed grinding capacity of 4.1MTPA, clinker capacity of 3.6MTPA and a 60MW multi-fuel...

Promoters released all pledges in Jun 2025 qtr.

Sanghi Industries Ltd.

10 Nov 2016

68.87

1.00%

Sanghi Industries (2QFY17): Surprise in off-peak season. Maintain BUY

Buy: Sanghi Industries Ltd.

Target

HDFC Securities

Sanghi Industries (SNGI) delivered EBITDA/t of Rs 816, much ahead of estimates (Rs 577/t). This was on account of lower freight ((Rs 1,035/t, -22.0% YoY, -14.1% QoQ)), which helped overall costs lower (Rs 2,789, -18.7 YoY, -2.5% QoQ). Volume growth remained strong (0.56 mT, 5.5% YoY, nil clinker).

Sanghi Industries Ltd. is trading above all available SMAs

Is Sanghi Industries Ltd. worth buying?

139 Votes:

Buy 81.29%

Sell 12.23%

Hold 6.47%