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Earnings Call

Syrma SGS Technology Earnings Call: Key Takeaways

Syrma SGS delivered a breakout year, crushing their EBITDA guidance of ₹400cr by achieving ₹545cr. Management balances record-breaking results with a conservative margin outlook citing global supply chain volatility.

Why this was an Alfa AlertMaterial EBITDA beat: Guided ₹400cr+, achieved ₹545cr (36% above guidance). Raised FY27 EBITDA target significantly.
Highlights
Revenue growth27% YoY FY26 revenue growth; 56% YoY for Q4.
MarginsOperating EBITDA margin improved 270bps YoY to 11.3%.
Order bookTotal order book plus visibility stands at ₹6,600cr.
Demand visibilityStrong across Automotive, MedTech, and Industrial sectors for FY27.
Management confidenceBalanced; highly satisfied with execution but cautiously guiding margins.

Growth

FY26 revenue surged 27% to ₹4,857cr; non-consumer business segments grew 38% showing high-quality mix shift.

Outlook

Targeting FY27 EBITDA of ₹700cr and sustained 35% revenue growth momentum.

Risks

Conservative margin guidance (10.5-11%) reflects potential pass-through lags and global geopolitical supply disruptions.

Source

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

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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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11:44 IST BSE
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.