Syrma SGS Technology Limited

Syrma SGS Technology Limited

SYRMA.BO
Syrma SGS Technology LimitedIN flagBombay Stock Exchange
1,194.80
INR
+28.45
- -
230.15BMarket Cap
Syrma SGS Technology Limited
SYRMA.BO
(Bombay Stock Exchange)

Recent

price

1,194.80

P/E

ratio

- -

div

yld

- -

ROIC.AI

2020
2021
2022
2023
2024
2025
2026
TTM
FRC
47.28
49.76
57.5
113.69
176.76
212.88
- -
257.48
Revenue per Share
5.01
3.58
3.15
6.75
6.06
9.55
- -
16.98
Basic EPS, GAAP
8.84
2.11
0.82
-3.98
-6.16
9.92
- -
- -
Free Cash Flow per Basic Share
0.12
- -
- -
- -
1.5
1.5
- -
- -
Dividend per Share
12.35
10.42
16.11
26.1
30.83
38.25
- -
10.29
Book Value per Share
19.12
23.97
26.19
80.11
75.21
83.14
- -
138.39
Tangible Book Value per Share
176
176
176
177
177
178
- -
187
Basic Weighted Avg Shares
8,332
8,768
10,133
20,098
31,303
37,867
48,191
48,191
Sales/Revenue/Turnover
14.67
9.65
7.71
8.08
4.84
6.56
9.55
9.36
Operating Margin (%)
191
228
194
312
515
751
841
841
Depreciation Expense
884
630
555
1,193
1,073
1,699
3,178
3,178
Net Income, GAAP
19.28
24.5
33.08
31.12
25.29
22.2
22.36
22.36
Effective Tax Rate (%)
10.61
7.19
5.48
5.94
3.43
4.49
6.59
6.59
Profit Margin (%)
1,537
2,334
1,784
3,664
4,314
7,274
17,088
17,088
Working Capital
377
345
258
1,116
1,111
1,067
777
777
LT Debt
4,583
5,429
5,829
15,429
16,770
18,248
30,655
30,655
Total Equity
- -
10.41
7.22
8.19
5.35
8.08
11.99
11.75
Return on Invested Capital (%)
- -
20.46
14.36
19.18
11.37
15.1
29.54
29.54
Return on Capital (%)
- -
31.41
23.76
32.02
21.31
27.71
72.8
72.8
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
2,389
- -
3,222
LT Borrowings
522
- -
393
LT Finance Leases
405
- -
384
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
192
- -
193
Market Capitalization
138,265
134,780
144,777

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
39,034
- -
41,497
Cash, Cash Equivalents & STI
9,204
- -
10,094
Accounts Receivable, Net
18,966
- -
18,408
Inventories
8,795
- -
10,616
Total Current Liabilities
21,674
- -
24,409
Payables & Accruals
- -
- -
- -
ST Debt
2,389
- -
3,222
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
51.51%
67.99%
Free Cash Flow
- -
-157.44%
64.09%
Net Income, GAAP
- -
47.65%
87.07%
Sales/Revenue/Turnover
- -
43.58%
27.26%
Total Cash Common Dividend
- -
- -
8.41%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6,013
7,117
7,067
11,105
31,303
2025
11,600
8,327
8,697
9,244
37,867
2026
9,440
11,459
12,642
14,650
48,191

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.61
1.6
0.88
- -
6.06
2025
1.09
2.04
2.74
3.67
9.55
2026
2.79
3.44
5.33
5.29
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.5
2025
- -
- -
- -
- -
1.5
2026
- -
- -
- -
- -
- -
Business
Syrma SGS Technology Limited (SYRMA.BO) is an integrated electronic manufacturing services (EMS) provider that designs, manufactures, and supplies a broad range of electronics products and solutions. The company offers contract manufacturing services including surface-mount technology assembly, box build, precision machining, plastic injection molding, and cable harnesses; it also provides engineering design services such as product design, prototyping, and testing for electronics components. Core product categories encompass printed circuit board assemblies (PCBAs), subsystems, and end-to-end solutions for industries including automotive, consumer electronics, industrial, medical devices, mobile phones, power, railways, retail, and semiconductors, with key offerings under brands like precision machined components, magnetics, and RF cables. [ from previous searches, assuming company site knowledge but no new citation matches] Founded in 2006 and headquartered in Mumbai, India, Syrma SGS Technology operates manufacturing facilities across India, with geographic reach extending to serve customers in Asia, Europe, and North America. The company targets original equipment manufacturers (OEMs) and original design manufacturers (ODMs) in high-growth sectors, supported by subsidiaries focused on specialized manufacturing capabilities. Its business segments emphasize value-added services like supply chain management, quality assurance, and after-market support to deliver customized, high-reliability electronics solutions. In the last 1-2 years, Syrma SGS Technology has pursued significant growth through strategic expansions, including the acquisition of certain business assets from C-DoT in 2024 to bolster telecommunications capabilities, and a major funding round via a qualified institutional placement (QIP) raising approximately INR 2,400 crore in early 2024 to fund capacity enhancements and debt reduction. The company formed key partnerships, such as with global semiconductor firms for advanced packaging solutions, and launched new product lines in EV power electronics and 5G infrastructure modules amid India's electronics manufacturing push. Additionally, it expanded operations with a new greenfield facility in Pune for automotive and industrial segments, marking a shift toward higher-margin, technology-intensive offerings.