Syrma SGS Technology Limited share price

Key numbers

Market cap

₹ 33,374 Cr

Current price

₹ 1,732.60

52-week high / low

₹ 1,804 / 635

Stock P/E

90.0

Book value

₹ 149.6

Dividend yield

0.09%

ROCE

17.2%

ROE

13.8%

Debt to equity

0.14

Sales growth (3 yrs)

32.8%

Profit growth (3 yrs)

38.6%

1-year return

101.8%

About Syrma SGS Technology Limited

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.

Quarterly results

Consolidated figures in ₹ crores

Concall summary (2026-08-04)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

• So, what we said was that , one, we are very confident of achieving the guidance, not only achieving the guidance , the numbers both on revenues and EBITDA, but based on the strong performance of the 1st Quarter, we should exceed that guidance.
• Going forward, we are very confident that at least for the next three to five years, five years is a very far away figure, but for FY27-28, FY28-29, and maybe thereafter, we are on track to achieve 30% to 35% growth rate.

Growth & demand

• This quarter, despite the turbulations of the geopolitical problems which we are having in the Middle East, which translated into supply chain constraints, we were able to register a robust growth on all parameters, whether it wa s the top line, EBITDA, PBT, PAT, which grew by more than 100%.
• So, going forward, I believe exports would continue to be one of the mainstays for our growth and profitability. • The second factor is that my ODM sales, which is our own design manufacture sales, have gone up by almost 100%.

Margins & costs

• But initially, when the capacity utilizations are lower, EBITDAs can also be lower, around 10% or maybe less than 10% also.
• On the margin front, I think what we have guided 10 .5% to 11%, we maintain that we will be delivering that margin profile for the full year.

Capex & expansion

• 50 crores during the quarter for this particular specific project, while overall CAPEX investment during the quarter is about Rs.
• 50% CAPEX incentive is available for this project.

Balance sheet & cash

• During the quarter, our net working capital days increased from 63 to 71 days, and mainly due to higher inventory days.
• This strategic decision resulted into higher working capital requirements for the quarter and an increase in the overall short -term borrowings by about Rs.

Peers in Electronic Components

• Kaynes Technology India Limited
• Avalon Technologies Limited
• PG Electroplast Limited
• KRN Heat Exchanger and Refrigeration Limited
• Centum Electronics Limited
• Modern Insulators Limited
• IKIO Technologies Limited
• Macfos Limited
• MIC Electronics Limited
• Merritronix Limited