SANPA
Sangal Papers financials
- Market cap
- ₹21 Cr
Quarterly results
Q1 FY27: revenue up 17.5%, net profit up 235.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 51 | 40 | 47 | 48 | 48 −6% | 47 +18% | 37 −22% | 56 +18% |
| EBITDA | 3 | 1 | 2 | 2 | 1 −65% | 1 +25% | 2 +44% | 5 +135% |
| Net profit | 2 | 0 | 0 | 1 | 0 −81% | 0 +106% | 1 +114% | 3 +235% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −24.4% 1Y
1Y: ₹250 on 9 Sept 2025 → ₹189. High ₹250 (9 Sept 2025), low ₹148.05 (21 Jul 2026).
Financials, as filed
Revenue fell 2.9% a year over 2 years, FY24 to FY26. Operating margin held at 3.7%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹190 Cr | ₹180 Cr | ₹179 Cr |
| Operating profit | ₹7 Cr | ₹8 Cr | ₹7 Cr |
| Operating margin | 3.5% | 4.3% | 3.7% |
| Interest | ₹3 Cr | ₹3 Cr | ₹2 Cr |
| Depreciation | ₹2 Cr | ₹2 Cr | ₹2 Cr |
| Net profit | ₹2 Cr | ₹3 Cr | ₹2 Cr |
| Net margin | 1.3% | 1.6% | 1.3% |
| Cash from operations | ₹4 Cr | ₹6 Cr | ₹11 Cr |
| Free cash flow | ₹1 Cr | ₹1 Cr | ₹-1 Cr |
| ROCE | 9.0% | 10.0% | 8.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Reserves | ₹33 Cr | ₹34 Cr | ₹38 Cr | ₹40 Cr | ₹44 Cr | ₹45 Cr |
| Borrowings | ₹19 Cr | ₹19 Cr | ₹25 Cr | ₹26 Cr | ₹27 Cr | ₹31 Cr |
| Other liabilities | ₹18 Cr | ₹19 Cr | ₹26 Cr | ₹22 Cr | ₹28 Cr | ₹21 Cr |
| Total liabilities | ₹71 Cr | ₹74 Cr | ₹90 Cr | ₹90 Cr | ₹100 Cr | ₹99 Cr |
| Fixed assets | ₹32 Cr | ₹30 Cr | ₹36 Cr | ₹35 Cr | ₹39 Cr | ₹49 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹3 Cr | ₹1 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹39 Cr | ₹44 Cr | ₹54 Cr | ₹52 Cr | ₹61 Cr | ₹50 Cr |
| Total assets | ₹71 Cr | ₹74 Cr | ₹90 Cr | ₹90 Cr | ₹100 Cr | ₹99 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count shrank 1% to 7,913.
- Promoters
- 39.5%
- Public
- 60.5%
Since Jun 2025
- Promoters 0.00 pp
- Public 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 39.5%, Public 60.5%.Dec '23: Promoters 39.5%, Public 60.5%.Mar '24: Promoters 39.5%, Public 60.5%.Jun '24: Promoters 39.5%, Public 60.5%.Sep '24: Promoters 39.5%, Public 60.5%.Dec '24: Promoters 39.5%, Public 60.5%.Mar '25: Promoters 39.5%, Public 60.5%.Jun '25: Promoters 39.5%, Public 60.5%.Sep '25: Promoters 39.5%, Public 60.5%.Dec '25: Promoters 39.5%, Public 60.5%.Mar '26: Promoters 39.5%, Public 60.5%.Jun '26: Promoters 39.5%, Public 60.5%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Mahendra Girdharilal Wadhwani newly disclosed 2.72% held
The same filing shows 1 holder trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Sangal Papers Ltd. above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Amit Sangal | 9.26% | unchanged |
| Renu Sangal | 8.61% | unchanged |
| Himanshu Sangal | 8.26% | unchanged |
| Charu Sangal | 7.15% | unchanged |
| Tanmay Sangal | 3.50% | unchanged |
| Mahendra Girdharilal Wadhwani | 2.72% | newly disclosed |
| Rathinasamy Narayanasamy Rubesh | 1.35% | unchanged |
| Rajendra Dhirajlal Gandhi | 1.30% | unchanged |
| Manju Gaggar | 1.15% | unchanged |
| Suresh Dindayal Khatri | 1.12% | unchanged |
| Vinayak Sangal | 1.11% | unchanged |
| Jyoti Santlani | 1.02% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Sangal Papers Ltd.
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