Sangam (India) Limited — Q1 FY27 earnings call

L17118RJ 1984PLC 003173 E - mail : secretarial@sangamgroup.com

www.sangamgroup.com I Ph : +91-1482-245400-06

Sangam House, Atun, Chittorgarh Road, Bhilwara - 311001 (Raj.) INDIA Ref: SIL/SEC/2026 Date: 18th July, 2026 The Manager Department of Corporate Services The National Stock Exchange of India Ltd. Exchange Plaza, 5th Floor, Plot No. C/1, G Block Bandra Kurla Complex, Bandra (E) Mumbai – 400051 Scrip Code: SANGAMIND The Manager, Department of Corporate Services, BSE Ltd. Phiroze Jeejeebhoy Towers 25th Floor, Dalal Street, MUMBAI - 400 001 Scrip Code: 514234 Sub: Intimation to Stock Exchange – Investor Presentation in connection with Unaudited Financial Results for the quarter ended 30th June, 2026 Dear sir/madam, Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the copy of Investor Presentation in connection with the Unaudited Financial Results for the quarter ended 30th June, 2026. The same is also available on the website of the company at www.sangamgroup.com Kindly take the above on your record. Thanking you. Yours faithfully For Sangam (India) Limited (Arjun Agal) Company Secretary ACS 74400 ARJUN AGAL Digitally signed by ARJUN AGAL Date: 2026.07.18 21:58:43 +05'30' Earnings Presentation Sangam (India) Limited Q1 FY27 | July 2026 2 Disclaimer This presentation has been prepared by Sangam (India) Limited (the "Company") solely for information purposes and does not constitute an offer to sell or a recommendation or solicitation of an offer to subscribe for or purchase any securities, and nothing contained herein shall form the basis of any contract or commitment whatsoever. The information contained herein should be considered in the context of the circumstances prevailing at the time and will not be updated to reflect material developments that may occur after the date of the presentation. Certain statements in this presentation may be forward-looking in nature, based on management’s current expectations and assumptions, and involve known and unknown risks and uncertainties that could cause actual results to differ materially. No obligation is assumed to update or revise any forward-looking statement. Recipients should not place undue reliance on such statements. The Company makes no representation or warranty, express or implied, as to, and does not accept any responsibility or liability with respect to, the fairness, accuracy, completeness or correctness of any information or opinions contained herein. Neither the Company nor its affiliates, advisors or representatives accept any liability whatsoever for any loss howsoever arising from any use of this presentation or its contents. 3 Sangam at a Glance Rs. 3,243 Cr Revenue FY26 Rs. 329 Cr EBITDA FY26 Rs. 83 Cr PAT FY26 state-of-the-art manufacturing facilities in Rajasthan 40+ years of leadership in Indian textiles, built on integration, innovation and quality 6 plants 10,000+ employees directly employed across our operations 50+ countries export presence, serving leading global and domestic brands 4 Installed Capacity Division Key facilities Installed capacity (As of June 2026) Spinning (ring) 3,06,864 spindles 85,140 MT p.a. Spinning (open-end) 4,584 rotors 19,080 MT p.a. Knitting 32 knitting machines 5,400 MT p.a. Denim fabric 298 weaving looms, 5 indigo processing lines and 1 rope dyeing line 60 million meters p.a. PV fabric 304 weaving looms and 7 stenters 76 million meters p.a. Seamless garments 114 seamless knitting machines 10.74 million pieces p.a. Green fibre (recycled polyester) Fibre plant, Bhilwara 45 TPD (16,020 MT p.a.) Capacities expand further under the growth capital expenditure plan (see Capex Plan section). 5 Q1FY27 Performance MR. RAM PAL SONI Founder & Chairman Q1 FY27 revenue grew 8.1% year-on-year on healthy demand and steady execution across the business. Profitability improved on better realisations, a favourable product mix, operating leverage and disciplined cost management. Profit after tax was ₹41 crore against ₹2 crore in Q1 FY26, with EBITDA margin expanding 418 bps to 12.9%. Capacity utilisation remained high across businesses, with denim fabric at 98% and PV fabric at 97%. To serve this demand, the company is undertaking a capital expenditure plan of approximately ₹1,500 crore, to be completed by March 2029. The plan completes our integration from fibre to garment across both the cotton and synthetic value chains, including our entry into garmenting. The plan is fully funded through internal accruals and term debt, within a firm internal leverage discipline. Revenue Rs. 867 Cr +8.1% YoY EBITDA Rs. 112 Cr +59.6% YoY | 12.9% margin Profit After Tax Rs. 41 Cr vs ₹2 cr in Q1 FY26 Gross Margin 43.6% +640 bps YoY Q1 F Y27 6 Income Statement Particulars (in Rs. Cr) Q1 FY27​ Q1 FY26​ YoY​ Q4 FY26​ QoQ Revenue* 867 803 8.1% 880 (1.5)% Gross Margin 378 298 26.7% 357 5.8% Gross Margin (%) 43.6% 37.2% 640 bps 40.6% 299 bps EBITDA 112 70 59.6% 98 14.4% EBITDA Margin % 12.9% 8.8% 418 bps 11.2% 180 bps Depreciation 26 36 (28.5)% 25 4.7% Profit Before Interest & Tax 87 34 151.2% 74 17.6% Interest 30 30 (1.5)% 27 10.8% Exceptional Items 2 2 0.0% 2 0.0% Profit Before Tax 55 3 2079.9% 45 22.3% Tax 14 0 3432.4% 12 15.7% Profit After Tax 41 2 1825.9% 33 24.8% PAT Margin (%) 4.7% 0.3% 446 bps 3.7% 99 bps Basic EPS (Rs) 8.16 0.42 1825.9% 6.54 24.8% Diluted EPS (Rs) 8.16 0.42 1825.9% 6.54 24.8% *Note: Revenue is inclusive of Other Incomes 7 Yarn (MT) Garment (Lakh pcs) Denim Fabric (Lakh Meter) PV Fabric (Lakh Meter)

1. Capacity Utilization % has been calculated on the basis of machine run-time hours 2. Certain figures have been reinstated. Green Fibre (MT) 21,226 24,470 23,636 24,358 22,853 82% 92% 91% 95% 85% Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 129 162 168 175 194 75% 94% 90% 95% 97% Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 118 112 132 136 144 92% 86% 93% 98% 98% Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 6 9 14 15 14 25% 22% 42% 61% 50% Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 3,787 3,675 3,565 97% 97% 93% Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Capacity Utilization Production Quantity Production Quantity & Capacity Utilization Consistent Quarterly Progress 8 803 785 775 880 867 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Revenue (In Cr) 2 23 24 33 41 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 PAT (In Cr) 70 76 85 98 112 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 EBITDA (In Cr) 9 Five revenue segments and a two-thirds domestic base reduce dependence on any single product, market or customer. Exports across 50+ countries provide the complementary leg. Segment Mix (% of Revenue) Strong Domestic & Export Mix 20% 25% 31% 22% 2% PV Yarn Cotton Yarn Denim Fabric Woven Fabic with processing Garment Domestic 67% Exports 33% Domestic Exports Q1FY27 Q1FY27 Balanced Portfolio. De-Risked Operations. 10 Existing renewable capacity 36 MW 19 MW solar + 5 MW wind + 12 MW hybrid Under implementation 40.7 MW 18 MW solar (from Q2 FY27) + 2.7MW Solar (from August 2026) + 20 MW hybrid (from April 2027) Expected annual savings ₹48 crore ₹22 crore from solar + ₹26 crore from hybrid, at full operation On completion, 76.7 MW of renewable capacity will cover a substantial share of our power requirement at a fixed cost, structurally lowering our cost per unit while reducing our carbon footprint. Power is among our largest cost elements. Our renewable energy investments reduce it structurally, while advancing the sustainability commitments our customers increasingly expect.

Lower Cost, Lower Carbon Growth Capital Expenditure Plan Approx. ₹1,500 crore | To be completed by March 2029 Forward Integration into Garmenting 12 ANCHORED ON EXISTING RELATIONSHIPS Sangam has long-standing fabric relationships with leading domestic and international brands. Garmenting extends these relationships into garment supply under one roof. CAPACITY BEING BUILT • Denim garments: 10 lakh pieces/month • PV garments: 5 lakh pieces/month • Both units will be ramped up in phases, in step with customer commitments. COST POSITION With fabric produced in-house and yarn behind it, the garment units begin with an integrated cost base, positioning Sangam competitively for India’s growing domestic apparel demand. DESIGNED TO DE-RISK LABOUR Garmenting is the most labour- intensive stage of the textile chain. Both units are specified with a high degree of automation from the design stage, reducing dependence on scarce skilled labour. COMPLETION By March 2029 3 TOTAL INVESTMENT ~ Rs. 1,500 Crores Across yarn, fibre, fabric and garmenting All projects; phased commissioning from FY28 A calibrated entry into garment manufacturing — the natural next step for a company that already produces the fabric. COMPLETING TWO VALUE CHAINS COTTON CHAIN Cotton → Yarn → Denim Fabric → Denim Garments RECYCLED SYNTHETIC CHAIN Plastic Bottles / Waste → Recycled Fibre → Yarn → PV Fabric → PV Garments EARNINGS POTENTIAL ~ Rs. 300 Crores Annual EBITDA at full utilization (E) Garmenting is a new business for Sangam; capacity will be commissioned and scaled prudently, and progress will be reported as the units come on stream.

Division by Division 13 Focused investments to expand capacity, enhance efficiency and strengthen integration across the value chain. ❯ COTTON YARN spindles modernised ❯ OPEN-END YARN 2,700 new rotors High automation in-house supply ❯ DENIM FABRIC 2 new lines 48–65 lakh meters/month ❯ GREEN FIBRE 40 TPD recycled polyester fibre 50,000 MT plastic waste consumed annually ❯ PV YARN New generation, energy-efficient machinery Lower cost structure ❯ PV FABRICS 15 lakh meters/month (addition) 60–75 lakh meters/month (total capacity) 80,000 2 mills 14 High-Value Client Relationships Among India’s largest PV dyed yarn and denim fabric manufacturers, supplying leading global and domestic brands. 15 4.9 3.9 1.7 1.5 2.0 FY22 FY23 FY24 FY25 FY26 Debt Repayment Schedule 83 148 168 168 173 147 FY 27 FY 28 FY 29 FY30 FY31 FY32 (In Rs. Cr) Interest Coverage Ratio (x) Balance Sheet Discipline Cash conversion cycle (FY26) 55 days Improved from 80 days in FY25 Net debt / equity (FY26) 1.1x Held stable through the investment phase 16 Sustainability, Built Into the Business Model Empowering Community Established Institutes and University Established NABH- certified hospital serving the Bhilwara region Water Stewardship 4 effluent treatment plants 4 sewage treatment plants Recycled content and renewable sourcing are increasingly qualification criteria for global brand customers. Circular by Design Recycled polyester fibre capacity of 45 TPD today, rising to 85 TPD under the growth plan consuming close to 50,000 MT of plastic waste annually at full capacity. Renewable Energy 36 MW of solar, wind and hybrid capacity in operation A further 40.7 MW under implementation, lowering both emissions and power cost per unit. 17 Board & Leadership MR. R. P. SONI Chairman MR. ANURAG SONI Managing Director MR. PRANAL MODANI CEO (Yarn & Denim Business) ➢ Founded Sangam four decades ago and built it into one of India’s leading integrated textile companies. ➢ Sets the company’s direction and runs the business day to day, across operations, markets and capital allocation. ➢ Responsible for the yarn and denim businesses, from procurement and manufacturing through to domestic and export markets. MR. V. K. SODANI Executive Director & CEO (Fabrics and Garment business) DR. S. N. MODANI Vice Chairman CA S. R. DAKHERA CFO ➢ More than three decades with Sangam; PhD in Strategic Management; has led premier textile industry bodies and national forums. ➢ Over three decades in fabric manufacturing; responsible end to end for the fabrics and garments businesses. ➢ Chartered Accountant with nearly four decades in corporate finance, treasury and risk across manufacturing businesses. Independent Directors MRS. IRINA GARG Independent Director MR. DINESH CHANDER PATWARI Independent Director MR. UPENDRA PRASAD SINGH Independent Director ➢ Served over 37 years in the IAS, retiring as Secretary, Ministry of Textiles, Government of India. ➢ Served 35 years in the Indian Revenue Service, retiring as Principal Chief Commissioner of Income Tax, Rajasthan. ➢ Served 36 years in the Indian Revenue Service; MBA from IIM Ahmedabad. 18 Exports (in Rs. Crore) 470 423 921 757 867 1,109 1,167 FY 20 FY 21 FY 22 FY 23 FY 24 FY25 FY26 Sangam (India) Limited has been recognized as a four-star export house by the Directorate General of Foreign Trade, Government of India. QUALITY MANAGEMENT SYSTEMS RECYCLED CONTENT VERIFICATION ORGANIC MATERIAL VERIFICATION CONFIDENCE IN TEXTILES SOCIAL ACCOUNTABILITY STANDARDS ORGANIC TEXTILE STANDARD Globally Recognised Accreditations Recognized Export House & Credentials 19 Historical Income Statement *Note: 1. Revenue is inclusive of Other Incomes. Consolidated Figures. 2. Total Expenditure excluding Depreciation and Finance Cost Particulars (in Rs. Cr) FY21 FY22 FY23 FY24 FY25 FY26 Revenue* 1,369 2,445 2,729 2,641 2,872 3,243 Total Expenditure 1,237 2,130 2,411 2,413 2,612 2,914 EBITDA 132 315 318 228 260 329 EBITDA Margin % 9.6% 12.9% 11.7% 8.6% 9.1% 10.1% Depreciation 81 70 79 97 114 95 Exceptional Items - 12 26 7 7 7 Profit Before Interest & Tax 51 233 213 124 139 227 Interest 49 48 54 71 95 114 Profit Before Tax 2 185 159 53 44 113 Tax -2 43 29 13 12 30 Profit After Tax 4 142 130 40 32 83 Basic EPS (Rs) 1.0 32.2 29.4 8.2 6.3 16.4 Diluted EPS (Rs) 1.0 32.1 27.3 8.2 6.3 16.4 20 Historical Balance Sheet Particulars (in Rs. Cr) FY21 FY22 FY23 FY24 FY25 FY26 Particulars (in Rs. Cr) FY21 FY22 FY23 FY24 FY25 FY26 (a) Equity Share Capital 43 43 45 50 50 50 Non-Current Assets (b) Share Warrant 0 26 23 0 0 0 Property, Plant and Equipment 586 595 720 1,004 1,273 1,500 (c) Other Equity 509 647 815 934 957 1,026 Right of Use Assets 0 3 2 1 3 2 Total Equity 552 716 883 984 1,007 1,076 Capital Work in Progress 9 74 223 219 172 82 Non-current Liabilities Other Intangible Assets 5 4 3 2 2 7 Financial Liabilities Intangible Assets under development 0 0 0 3 6 2 (a) Borrowing 204 181 340 619 722 719 Financial Assets (b) Lease Liability 0 2 1 0 2 1 (a) Investments 0 1 1 1 1 25 Other Non-Current Liabilities & Provisions 0 0 10 36 0 1 (b) Other Financial Assets 10 26 31 27 35 37 Deferred Tax Liabilities (Net) 49 38 35 19 44 62 Other Non-Current Assets 6 54 114 115 77 65 Provisions 0 0 0 0 22 19 Total Non-Current Asset 615 757 1094 1,372 1,570 1,719 Total Non-Current Liabilities 253 221 385 675 789 803 Current Assets Current Liabilities Inventories 376 528 513 669 576 587 (a) Borrowings 385 426 484 446 413 557 Investments 0 0 7 10 79 129 (b) Lease Liabilities 0 1 2 1 1 1 Trade Receivables 280 376 353 448 518 637 (c) Trade Payables 116 287 227 427 603 698 Cash and Cash Equivalents 10 22 28 28 52 66 (d) Other Financial Liabilities 74 132 137 145 113 147 Other financial assets 55 61 56 68 35 64 Provisions 17 19 23 37 17 16 Current Tax Assets 6 0 7 9 5 4 Other current liabilities 10 18 19 0 0 16 Other current assets 66 72 102 124 122 109 Current Tax Liabilities 0 4 0 15 13 0 Assets Held for Sale 0 8 0 0 0 0 Total Current Liabilities 603 887 892 1,070 1,159 1,436 Total Current Assets 794 1,067 1,067 1,357 1,386 1,596 Total Equity and Liabilities 1,409 1,824 2,161 2,729 2,955 3,315 Total Assets 1,409 1,824 2,161 2,729 2,955 3,315 Sangam (India) Ltd

Mr. Arjun Agal

+91 9252145210

arjunagal@sangamgroup.com

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garima@goindiaadvisors.com Thank you

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