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Earnings Call

Syrma SGS Technology Earnings Call: Key Takeaways

Syrma SGS reported a landmark FY26 with 56% YoY Q4 revenue growth and significant margin expansion, driven by industrial and IT segments.

Why this was an Alfa AlertEBITDA beat: Guided ₹400-490cr operating EBITDA, achieved ₹545cr (11.2% above upper end), management confirmed exceeding guidance.
Highlights
Revenue growth56% YoY in Q4; 27% for full FY26.
MarginsOperating EBITDA margin expanded 270bps to 11.3% in FY26.
Order book₹6,600cr total visibility; 30% consumer, 29% auto, 24% industrial.
Demand visibilityStrong pipeline and customer additions for FY27.
Management confidenceHigh; confident in sustaining 35% growth in FY27.

Growth

FY26 revenue grew 27% to ₹4,857cr; PAT jumped 87% to ₹346cr; EBITDA margin improved to 11.3%.

Outlook

FY27 revenue growth target of 35% and EBITDA margin of 10.5-11%. Planned ₹800cr PCB capex over multiple phases.

Risks

Global supply chain disruptions, geopolitical tensions affecting shipping routes, and rising basic metal prices.

Source

Earnings Call filed with BSE, NSE: SYRMA. Summary written with AI assistance from the document.

Read the document ↗

Syrma SGS Technology Ltd: key numbers

Share price
₹1,732.60
Market cap
₹33,346 Cr
Revenue (annual)
₹4,819 Cr
Net profit (annual)
₹317.8 Cr
P/E (TTM)
90.6×Sector 45.9×
Promoter holding
42.28%+0.00% QoQ
FII holding
7.51%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Capacity Expansion

Syrma SGS Technology Capacity Expansion

Syrma Johari MedTech inaugurated a new Medical Plastics and Precision Molding Facility in Jodhpur. The 120,000+ sq. ft. plant expands the group's MedTech manufacturing capabilities.

plant floor area
120000 sq. ft.
18:38 IST NSE
Management Change

Syrma SGS Technology Management Change

Syrma SGS Technology Limited clarifies the appointment of Mr. Jayesh Nagindas Doshi as Whole-time Director, effective August 25, 2026.

20:12 IST BSE
Other Announcement

Syrma SGS Technology Other Announcement

Syrma SGS Technology reported the name change of its joint venture to 'Syrma SGS Elemaster Private Limited', effective September 09, 2026.

14:09 IST BSE
Production Started

Syrma SGS Technology Production Started

Syrma SGS Technology's joint venture with Elemaster inaugurated a 20,000 sq. ft. electronics manufacturing facility in Bengaluru. The unit focuses on high-reliability electronics for railways, industrial, and medical sectors.

manufacturing facility area
20000.0 sq. ft.