Syrma SGS Technology Limited

About

Syrma SGS Technology Limited operates as an electronics system design and manufacturing company in India, the United States, Germany, and internationally. The company offers electronic manufacturing services, such as PCBAs for industries and end applications; assemblies, including PCBAs, enclosures, wire harnesses, testing, and custom packing; EOL and functional testers based on customer specifications; cables with cutting, stripping, tinning, crimping, over molding, and ultrasonic welding; and injection molding. It also provides engineering and technology services comprising product engineering, digital engineering, design studio, and prototyping; and medtech ODM services consisting of homogenization, electrotherapy, colorimetry, laser therapy, RF therapy, and spectrophotometry. In addition, the company offers standard and application-specific components, which include transformers, chokes, inductors, and induction elements for the test and instrumentation, telecommunications, consumer goods, industrial products, factory automation, and aerospace and defense industries. Syrma SGS Technology Limited was founded in 1978 and is based in Chennai, India.

Key Metrics

as of Sep 2026

Market Cap28,109 Cr

P/E75.70

Div Yield0.10 %

Book Value₹148.00

52w High₹1,543.00

52w Low₹634.00

Face Value₹10.00

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	1,443.00	1,221.00	1,151.00	1,087.00	917.00	864.00	829.00	796.00	816.00	727.00	404.00	393.00	308.00
Expenses	1,303.00	1,106.00	1,024.00	982.00	822.00	766.00	761.00	732.00	802.00	718.00	399.00	382.00	302.00
Operating Profit	140.00	115.00	127.00	105.00	95.00	98.00	69.00	64.00	14.00	9.00	6.00	11.00	6.00
OPM %	10.00	9.00	11.00	10.00	10.00	11.00	8.00	8.00	1.70	1.20	1.40	2.80	2.00
Other Income	13.00	10.00	10.00	10.00	7.00	12.00	20.00	8.00	12.00	13.00	12.00	7.00	20.00
Depreciation	17.00	16.00	16.00	17.00	17.00	17.00	16.00	15.00	11.00	10.00	9.00	7.00	6.00
Interest	11.00	9.00	6.00	12.00	14.00	15.00	14.00	13.00	11.00	10.00	8.00	6.00	5.00
Profit before tax	124.00	100.00	115.00	86.00	71.00	79.00	58.00	44.00	4.00	2.00	1.00	6.00	16.00
Tax %	24.00	19.00	19.00	24.00	25.00	23.00	14.00	19.00	29.00	32.00	12.00	-43.00	36.00
Net Profit	94.00	81.00	93.00	65.00	54.00	61.00	50.00	35.00	3.00	1.00	1.00	8.00	10.00
EPS in Rs	4.88	4.19	4.84	3.40	3.02	3.42	2.82	1.99	0.15	0.08	0.04	0.45	0.57

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019
Sales	4,367.00	3,616.00	1,833.00	1,136.00	646.00	438.00	397.00	354.00
Expenses	3,924.00	3,332.00	1,798.00	1,053.00	588.00	390.00	328.00	312.00
Operating Profit	444.00	284.00	35.00	83.00	58.00	48.00	69.00	42.00
OPM %	10.00	8.00	1.90	7.00	9.00	11.00	17.00	12.00
Other Income	37.00	45.00	51.00	37.00	8.00	6.00	2.00	3.00
Interest	41.00	55.00	30.00	16.00	5.00	6.00	10.00	8.00
Depreciation	68.00	63.00	32.00	17.00	13.00	12.00	10.00	10.00
Profit before tax	372.00	211.00	24.00	86.00	48.00	36.00	52.00	27.00
Tax %	21.00	20.00	16.00	36.00	36.00	21.00	16.00	23.00
Net Profit	293.00	169.00	20.00	55.00	31.00	29.00	44.00	21.00
EPS in Rs	15.21	9.47	1.13	3.11	2.22	382.62	615.26	298.68
Dividend Payout %	10.00	16.00	133.00	48.00	0.00	0.00	0.00	0.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019
Equity Capital	193.00	178.00	177.00	177.00	138.00	0.75	0.70	0.70
Reserves	2,769.00	1,548.00	1,264.00	1,278.00	406.00	236.00	101.00	56.00
Borrowings	272.00	610.00	502.00	256.00	138.00	62.00	90.00	101.00
Other Liabilities	2,001.00	1,681.00	1,151.00	460.00	233.00	160.00	155.00	128.00
Total Liabilities	5,235.00	4,017.00	3,095.00	2,172.00	915.00	460.00	347.00	286.00
Fixed Assets	874.00	796.00	474.00	248.00	114.00	81.00	86.00	86.00
CWIP	37.00	56.00	10.00	25.00	40.00	0.00	0.00	0.00
Investments	1,065.00	327.00	678.00	461.00	404.00	89.00	0.00	0.00
Other Assets	3,259.00	2,838.00	1,933.00	1,438.00	356.00	290.00	260.00	200.00
Total Assets	5,235.00	4,017.00	3,095.00	2,172.00	915.00	460.00	347.00	286.00

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019
Cash from Operating Activity	253.00	145.00	-186.00	-61.00	14.00	24.00	71.00	10.00
Cash from Investing Activity	-709.00	-61.00	14.00	-861.00	-387.00	-95.00	-26.00	-22.00
Cash from Financing Activity	553.00	-77.00	182.00	942.00	355.00	68.00	-21.00	13.00
Net Cash Flow	97.00	8.00	10.00	20.00	-19.00	-3.00	25.00	2.00
Free Cash Flow	119.00	25.00	-445.00	-156.00	-58.00	18.00	42.00	-12.00
CFO/OP %	72.00	67.00	-479.00	-50.00	46.00	70.00	112.00	43.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019
Debtor Days	133.00	142.00	140.00	74.00	97.00	106.00	107.00	102.00
Inventory Days	100.00	98.00	158.00	147.00	95.00	100.00	110.00	106.00
Days Payable	202.00	195.00	245.00	150.00	123.00	149.00	172.00	152.00
Cash Conversion Cycle	31.00	46.00	53.00	71.00	69.00	58.00	45.00	57.00
Working Capital Days	61.00	29.00	0.00	11.00	-17.00	38.00	-4.00	1.00
ROCE %	15.00	12.00	3.00	9.00	11.00	17.00	38.00	—

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	42.28	42.28	42.72	42.98	46.43	46.53	46.58	46.89	46.89	46.89	46.89	47.22
FIIs	7.51	6.60	6.47	7.02	6.34	6.20	8.49	10.32	10.44	12.95	11.13	10.14
DIIs	15.90	16.59	15.89	16.38	9.15	7.74	7.46	6.44	6.45	5.80	8.21	9.63
Public	34.17	34.41	34.80	33.53	38.04	39.49	37.38	36.35	36.22	34.36	33.78	33.02
No. of Shareholders	204,149	178,986	178,615	170,983	161,089	163,296	134,503	129,398	124,943	112,395	105,068	96,452

Corporate Actions

6 records

Action	Ex Date	Record Date	Ratio	Amount (₹)	Notes
Dividend	18 Aug 2026	18 Aug 2026	—	1.50
Dividend	19 Sep 2025	19 Sep 2025	—	1.50
Dividend	10 Sep 2024	10 Sep 2024	—	1.50
Other	10 Sep 2024	—	—	—	Annual General Meeting
Dividend	01 Sep 2023	01 Sep 2023	—	1.50
Other	01 Sep 2023	—	—	—	Annual General Meeting

Announcements

5 filings

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
03 Sep 2026 3 Sep - Management will attend Axis Capital non-deal roadshow in USA from 8–16 Sep 2026.
Announcement under Regulation 30 (LODR)-Press Release / Media Release
02 Sep 2026 2 Sep - Syrma SGS Elemaster inaugurated a 20,000 sq ft high-reliability electronics facility in Bengaluru on September 2, 2026.
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 26 Aug
26 Aug 2026
Announcement under Regulation 30 (LODR)-Change in Management
25 Aug 2026 25 Aug - Sandeep Tandon reappointed Executive Chairman from Oct 1, 2026; Jayesh Doshi appointed Whole-time Director for five years.
Shareholder Meeting / Postal Ballot-Outcome of AGM
25 Aug 2026 25 Aug - 22nd AGM held on August 25, 2026; shareholders considered dividend, director appointments, fundraising and asset charge approvals.