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Suyog Telematics Limited

Suyog Telematics Limited

SUYOG.BO
Suyog Telematics LimitedIN flagBombay Stock Exchange
773.75
INR
+18.75
- -
9.07BMarket Cap
Suyog Telematics Limited
SUYOG.BO
(Bombay Stock Exchange)

Recent

price

773.75

P/E

ratio

- -

div

yld

- -

ROIC.AI

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
13.5
43.07
59.62
83.32
103.73
120.47
129.8
120.53
137.04
157.45
164.06
192.41
194.02
Revenue per Share
2.1
11.87
16.69
18.2
28.2
32.53
24.03
39.48
44.18
59.83
34.55
54.7
55.16
Basic EPS, GAAP
-4.15
-8.57
-32.89
8.72
12.77
23.59
14.18
-26.7
63.95
68
60.54
57.01
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
1.2
3.01
0.5
- -
1
0.5
1.15
1.75
- -
Dividend per Share
8.58
25.12
43.49
61.69
88.69
118.2
122.17
158.14
201.32
258.92
267.22
10.16
10.25
Book Value per Share
14.29
34.17
50.87
68.62
95.99
125.1
141.25
179.59
220.92
280.02
330.73
409.25
412.68
Tangible Book Value per Share
16
10
10
10
10
10
10
10
10
11
12
12
11
Basic Weighted Avg Shares
217
438
605
846
1,053
1,223
1,318
1,263
1,436
1,666
1,926
2,218
2,218
Sales/Revenue/Turnover
32.55
47.62
42.36
34.49
44.14
39.57
37.85
51.5
46.23
49.96
33.04
45.86
45.86
Operating Margin (%)
15
27
32
44
57
72
157
216
264
341
465
624
624
Depreciation Expense
34
121
170
185
286
330
244
414
463
633
406
631
631
Net Income, GAAP
37.44
33.99
28.22
22.77
31.47
23.95
42.22
27.05
21.51
11.33
27.58
24.28
24.28
Effective Tax Rate (%)
15.54
27.56
28
21.84
27.19
27
18.51
32.75
32.24
38
21.06
28.43
28.43
Profit Margin (%)
3
39
206
153
209
91
-105
86
-7
88
546
897
897
Working Capital
80
234
542
495
457
308
627
841
753
964
1,310
2,978
2,978
LT Debt
230
347
517
697
975
1,271
1,435
1,883
2,343
2,984
4,005
4,896
4,896
Total Equity
- -
29.01
21.21
18.35
21.64
21.51
13.41
16.74
15.55
18.49
8.69
10.43
10.43
Return on Invested Capital (%)
- -
35.53
24.94
21.09
24.42
23.89
15.69
20.32
18.96
21.08
11.05
17.9
17.9
Return on Capital (%)
- -
61.34
48.65
34.6
37.51
31.44
19.99
28.56
24.58
26.11
13.8
38.77
38.77
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
688
- -
734
LT Borrowings
905
- -
948
LT Finance Leases
1,116
- -
2,029
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
11
- -
12
Market Capitalization
8,694
7,012
7,027

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
1,948
- -
2,121
Cash, Cash Equivalents & STI
164
- -
181
Accounts Receivable, Net
541
- -
622
Inventories
72
- -
76
Total Current Liabilities
1,061
- -
1,224
Payables & Accruals
- -
- -
- -
ST Debt
688
- -
734
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
30.64%
27.89%
22.24%
Free Cash Flow
-38.72%
-127.06%
-7.5%
Net Income, GAAP
23.16%
27.56%
55.52%
Sales/Revenue/Turnover
18.28%
11.27%
15.2%
Total Cash Common Dividend
- -
- -
49.16%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
387
408
417
454
1,666
2025
460
477
488
501
1,926
2026
546
554
559
560
2,218

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
11.68
15.42
17.92
- -
59.83
2025
15.84
19.66
15.9
-11.74
34.55
2026
15.49
14.87
12.57
12.35
54.7

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.5
2025
- -
- -
- -
- -
1.15
2026
- -
- -
- -
- -
1.75
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Business
Suyog Telematics Limited provides passive telecommunication infrastructure services in India, specializing in the construction, operation, and maintenance of telecom towers, poles, and optical fiber cable systems; offers ground-based masts, rooftop towers, camouflage towers, cell-on-wheels, and high-power small cells; supplies related products including telecommunications cables, fiber optic cables, panels, diesel generators, earth strips, batteries, electric power cables, and galvanized poles; delivers fiber-to-the-home solutions, operations and maintenance services, tower erection, pole erection, and eco-friendly infrastructure provisioning across 26 telecom circles; and serves major operators such as Bharti Airtel, Vodafone Idea, Reliance Jio, and BSNL. Founded in 1995 and headquartered in Mumbai, Maharashtra, the company operates primarily in India with a pan-India presence enhanced by recent expansions into key circles like Delhi-NCR and a stated intent for global outreach in 2025. In recent developments, Suyog Telematics completed the acquisition of Lotus Tele Infra Private Limited in March 2025, integrating 120 telecom sites in Delhi-NCR to bolster its northern operations and service capabilities; entered a master service agreement with BSNL in 2024 for aggressive rollout of new and relocation sites on the IP-1 model across India, including Mumbai and Delhi circles, with a 10-year lock-in and 15-year tenure; raised funds through preferential issuance of convertible equity warrants totaling INR 270.75 crore from promoter and non-promoter categories to support expansion; and listed on the National Stock Exchange in 2024 following its earlier BSE listing.