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Earnings Call Transcript

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.

Guidance and delivery
Revenue guidance 35.0% → 36.0% Raised by 1.0 percentage points
Management target Revenue 35.0% FY27
Highlights
Revenue growth67% YoY growth, purely organic, driven by exports and ODM.
MarginsEBITDA margins 10.1%; aiming for 10.5-11% for full year.
Order book₹6,770 Cr order book; ₹5,400 Cr executable in 12 months.
Demand visibilityRobust across all verticals; medical and automotive show strong momentum.
Management confidenceHighly confident, explicitly stating they expect to exceed FY27 guidance.

Growth

Revenue grew 67% YoY; EBITDA and PAT doubled. Growth is structural, driven by volume-led automotive and export expansion.

Outlook

Management expects to exceed the guided 35% growth for FY27; internal target for long-term growth is 30-35%.

Risks

Supply chain constraints in semiconductors and specialty chemicals; rising inventory days impacting working capital.

Source

Earnings Call Transcript 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.

More from Syrma SGS Technology Ltd

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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.