About
Syncom Formulations (India) Limited manufactures, markets, and sells pharmaceutical formulation products in India and internationally. It operates through Manufacturing and Dealing in Pharmaceutical Drug and Formulations, Trading of Commodities, and Renting of Properties segments. The company offers antibiotics/antiinfectives, anthelmintics, antimalarial, cardiac, derma, gastro, dry syrups and suspensions, creams, gel, ORS, jelly, gynae, inhalers, opthal, ortho, and pediatrics formulations in dosage forms. It also provides life care, evolve, and the right nutrition products under the Cratus brand. In addition, the company offers its pharmaceutical formulation products in various dosage forms, such as tablets, capsules, ointments, injections, liquids orals, and effervescent. Syncom Formulations (India) Limited was incorporated in 1988 and is based in Indore, India.
Key Metrics
as of Sep 2026Market Cap1,940 Cr
P/E22.70
Div Yield0.49 %
Book Value₹4.41
52w High₹22.60
52w Low₹10.20
Face Value₹1.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 126.00 | 135.00 | 115.00 | 122.00 | 117.00 | 149.00 | 128.00 | 102.00 | 87.00 | 75.00 | 65.00 | 64.00 | 60.00 |
| Expenses | 99.00 | 113.00 | 94.00 | 103.00 | 101.00 | 131.00 | 113.00 | 90.00 | 77.00 | 65.00 | 58.00 | 57.00 | 53.00 |
| Operating Profit | 26.00 | 22.00 | 21.00 | 18.00 | 16.00 | 18.00 | 15.00 | 12.00 | 10.00 | 9.00 | 7.00 | 6.00 | 6.00 |
| OPM % | 21.00 | 16.00 | 18.00 | 15.00 | 14.00 | 12.00 | 12.00 | 12.00 | 12.00 | 13.00 | 11.00 | 10.00 | 11.00 |
| Other Income | 8.00 | 15.00 | 6.00 | 5.00 | 6.00 | 7.00 | 4.00 | 4.00 | 1.00 | 3.00 | 5.00 | 4.00 | 2.00 |
| Depreciation | 2.00 | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Profit before tax | 32.00 | 34.00 | 25.00 | 22.00 | 20.00 | 23.00 | 17.00 | 15.00 | 10.00 | 10.00 | 9.00 | 8.00 | 6.00 |
| Tax % | 23.00 | 25.00 | 25.00 | 25.00 | 22.00 | 24.00 | 25.00 | 25.00 | 24.00 | 26.00 | 25.00 | 23.00 | 28.00 |
| Net Profit | 25.00 | 25.00 | 19.00 | 17.00 | 16.00 | 18.00 | 13.00 | 11.00 | 8.00 | 7.00 | 7.00 | 7.00 | 4.00 |
| EPS in Rs | 0.26 | 0.27 | 0.20 | 0.18 | 0.17 | 0.19 | 0.14 | 0.12 | 0.08 | 0.08 | 0.07 | 0.07 | 0.05 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 489.00 | 463.00 | 262.00 | 222.00 | 216.00 | 185.00 | 184.00 | 173.00 | 151.00 | 115.00 |
| Expenses | 412.00 | 408.00 | 232.00 | 202.00 | 196.00 | 168.00 | 167.00 | 155.00 | 135.00 | 104.00 |
| Operating Profit | 77.00 | 54.00 | 30.00 | 20.00 | 20.00 | 17.00 | 17.00 | 18.00 | 16.00 | 11.00 |
| OPM % | 16.00 | 12.00 | 11.00 | 9.00 | 9.00 | 9.00 | 9.00 | 11.00 | 11.00 | 9.00 |
| Other Income | 31.00 | 17.00 | 14.00 | 15.00 | 12.00 | 3.00 | 3.00 | 1.00 | 1.00 | 1.00 |
| Interest | 1.00 | 1.00 | 5.00 | 3.00 | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 |
| Depreciation | 7.00 | 5.00 | 5.00 | 5.00 | 4.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 |
| Profit before tax | 101.00 | 66.00 | 34.00 | 27.00 | 26.00 | 16.00 | 16.00 | 16.00 | 14.00 | 8.00 |
| Tax % | 24.00 | 25.00 | 25.00 | 24.00 | 24.00 | 34.00 | 36.00 | 38.00 | 33.00 | 33.00 |
| Net Profit | 76.00 | 49.00 | 25.00 | 20.00 | 20.00 | 11.00 | 10.00 | 10.00 | 9.00 | 6.00 |
| EPS in Rs | 0.81 | 0.53 | 0.27 | 0.21 | 0.23 | 0.13 | 0.13 | 0.13 | 0.12 | 0.07 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 13.00 | 15.00 | 15.00 | 16.00 | 17.00 | 24.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 94.00 | 94.00 | 94.00 | 94.00 | 86.00 | 78.00 | 78.00 | 78.00 | 78.00 | 22.00 |
| Reserves | 321.00 | 248.00 | 194.00 | 162.00 | 136.00 | 39.00 | 31.00 | 22.00 | 17.00 | 65.00 |
| Borrowings | 1.00 | 5.00 | 72.00 | 83.00 | 58.00 | 12.00 | 6.00 | 6.00 | 3.00 | 2.00 |
| Other Liabilities | 117.00 | 67.00 | 44.00 | 39.00 | 28.00 | 50.00 | 61.00 | 31.00 | 42.00 | 33.00 |
| Total Liabilities | 534.00 | 413.00 | 405.00 | 378.00 | 308.00 | 180.00 | 175.00 | 138.00 | 140.00 | 123.00 |
| Fixed Assets | 184.00 | 125.00 | 120.00 | 91.00 | 94.00 | 55.00 | 46.00 | 46.00 | 50.00 | 50.00 |
| CWIP | 0.00 | 0.00 | 0.00 | 26.00 | 6.00 | 0.00 | 5.00 | 0.00 | 0.00 | 0.00 |
| Investments | 109.00 | 93.00 | 66.00 | 64.00 | 43.00 | 36.00 | 23.00 | 6.00 | 9.00 | 7.00 |
| Other Assets | 241.00 | 196.00 | 219.00 | 197.00 | 165.00 | 89.00 | 101.00 | 85.00 | 80.00 | 66.00 |
| Total Assets | 534.00 | 413.00 | 405.00 | 378.00 | 308.00 | 180.00 | 175.00 | 138.00 | 140.00 | 123.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 58.00 | 23.00 | -6.00 | 11.00 | 16.00 | 14.00 | 24.00 | 0.00 | 7.00 | 6.00 |
| Cash from Investing Activity | -51.00 | -18.00 | 83.00 | -45.00 | -27.00 | -18.00 | -23.00 | 1.00 | -4.00 | 0.00 |
| Cash from Financing Activity | -3.00 | -68.00 | -15.00 | 35.00 | 8.00 | 5.00 | -2.00 | 1.00 | -1.00 | -6.00 |
| Net Cash Flow | 4.00 | -63.00 | 62.00 | 1.00 | -2.00 | 1.00 | -1.00 | 2.00 | 2.00 | -1.00 |
| Free Cash Flow | 46.00 | 13.00 | -14.00 | -10.00 | 5.00 | 2.00 | 21.00 | -3.00 | 4.00 | 3.00 |
| CFO/OP % | 105.00 | 70.00 | 7.00 | 86.00 | 113.00 | 108.00 | 176.00 | 32.00 | 66.00 | 76.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 82.00 | 85.00 | 144.00 | 124.00 | 114.00 | 91.00 | 91.00 | 66.00 | 71.00 | 92.00 |
| Inventory Days | 81.00 | 49.00 | 49.00 | 55.00 | 51.00 | 29.00 | 43.00 | 34.00 | 36.00 | 29.00 |
| Days Payable | 96.00 | 51.00 | 56.00 | 53.00 | 36.00 | 92.00 | 130.00 | 63.00 | 105.00 | 91.00 |
| Cash Conversion Cycle | 68.00 | 83.00 | 137.00 | 126.00 | 129.00 | 27.00 | 4.00 | 37.00 | 1.00 | 29.00 |
| Working Capital Days | 164.00 | 95.00 | 51.00 | -4.00 | 33.00 | 42.00 | 40.00 | 85.00 | 75.00 | 94.00 |
| ROCE % | 27.00 | 19.00 | 11.00 | 10.00 | — | 13.00 | 15.00 | 16.00 | 15.00 | — |
Corporate Actions
18 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Other | 23 Sep 2024 | — | — | — | Annual General Meeting |
| Other | 18 Sep 2023 | — | — | — | Annual General Meeting |
| Dividend | 09 Sep 2022 | — | — | 0.03 | |
| Dividend | 21 Sep 2017 | — | — | 0.02 | |
| Dividend | 22 Sep 2016 | — | — | 0.02 | |
| Dividend | 16 Sep 2015 | — | — | 0.02 | |
| Dividend | 18 Sep 2014 | — | — | 0.02 | |
| Split | 19 Aug 2013 | 20 Aug 2013 | 10:1 | — | |
| Bonus | 19 Aug 2013 | 20 Aug 2013 | 5:2 | — | |
| Dividend | 10 Jul 2013 | — | — | 0.60 | |
| Dividend | 20 Sep 2012 | — | — | 0.60 | |
| Dividend | 22 Sep 2011 | — | — | 0.50 | |
| Dividend | 23 Sep 2010 | — | — | 0.50 | |
| Dividend | 24 Sep 2009 | — | — | 0.50 | |
| Other | 13 May 2009 | 20 May 2009 | — | — | Right Issue of Equity Shares with Warrants |
| Dividend | 23 Sep 2008 | — | — | 0.50 | |
| Dividend | 20 Sep 2007 | — | — | 1.00 | |
| Dividend | 13 Sep 2001 | — | — | 2.00 |