| Revenue growth | 27% YoY in FY26; 40% 5-year CAGR. |
|---|---|
| Margins | Significant improvement: PAT margin at 7.1% vs 4.8% YoY. |
| Demand visibility | Strong tailwinds from India-EU FTA and China+1 strategy. |
| Management confidence | High, citing 'Syrma edge' in certifications and export-led growth. |
Growth
Revenue grew 27% YoY to ₹48.6Bn; EBITDA surged 56% YoY to ₹5.8Bn with margins expanding to 12.0%.
Outlook
Targets 22-50% CAGR across verticals; ₹1,600 Cr phased capex for new PCB facility in Naidupeta by Mar 2027.
Risks
Competition in ESDM, wage inflation in India, and potential disruptions in the global electronics supply chain.
Last quarter's promises, checked
Delivered
- EBITDA margin 9% → delivered 12.6% (= BEAT)
- EBITDA ₹400 Cr → delivered ₹500 Cr+ (= BEAT)
- Revenue growth 30% → delivered 43% (= BEAT)
Partly delivered
- Net Working Capital reduction 5-6 days → delivered 5 days (= PARTIAL)
Missed
- Smart meter revenue ₹300 Cr → delivered ₹200 Cr (= MISS)
Earnings Call filed with BSE, NSE: SYRMA. Summary written with AI assistance from 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.
More from Syrma SGS Technology Ltd
All →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.
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.
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.
Syrma SGS Technology Earnings Call Transcript: Key Takeaways
Syrma delivered an exceptionally strong Q1 with 67% revenue growth, fueled by exports and automotive segments. Management is pivotting toward high-margin ODM and engineering-led manufacturing while strategically stockpiling inventory to mitigate global supply risks.
- Call
- Guides 35% growth
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.
Syrma SGS Technology Investor Presentation: Key Takeaways
Syrma SGS reported a robust Q1 FY27 with revenue of Rs. 1,604 crores, up 67% YoY. Strategy focuses on high-margin exports and ODM business expansion.
- Call
- Guides 35% growth