Sharescart Research Club logo

Syrma SGS Technology

₹841 32.4 | 4%

Market Cap ₹16186 Cr.

Stock P/E 87.8

P/B 5.8

Current Price ₹841

Book Value ₹ 145.2

Face Value 10

52W High ₹873.8

Dividend Yield 0.18%

52W Low ₹ 355.1

Syrma SGS Technology Research see more...

Overview Inc. Year: 2004Industry: Electronics - Components

Syrma SGS Technology Ltd is a leading electronics manufacturing services (EMS) company based in Chennai, India. The company offers a wide range of services such as PCB assembly, box build assembly, system integration, and testing services. With over 40 years of experience in the industry, Syrma SGS has a strong reputation for delivering high-quality products and services to its customers. Syrma SGS has a global customer base across various industries, including automotive, aerospace, medical, industrial, and consumer electronics. The company has a strong focus on innovation and is constantly investing in research and development to stay ahead of industry trends. Syrma SGS is committed to sustainability and has implemented several environmentally-friendly practices in its operations. Overall, Syrma SGS Technology Ltd is a trusted partner for companies looking for reliable and high-quality electronics manufacturing services.

Read More..

Syrma SGS Technology Share Price

New

| |

Volume
Price

Quarterly Price

Show Value Show %

Syrma SGS Technology Quarterly Results

#(Fig in Cr.) Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
Net Sales 601 712 707 1134 1160 833 869 924 944 1146
Other Income 22 9 12 16 15 10 22 22 16 9
Total Income 623 721 719 1150 1175 843 891 947 960 1155
Total Expenditure 564 662 667 1059 1115 762 790 817 857 1031
Operating Profit 59 59 52 90 61 81 101 130 103 124
Interest 8 9 11 13 14 14 15 16 15 13
Depreciation 10 12 14 16 17 17 20 21 21 22
Exceptional Income / Expenses 0 -1 0 0 0 0 -2 0 0 0
Profit Before Tax 41 37 27 61 29 51 64 93 67 90
Provision for Tax 13 6 7 16 9 11 11 22 17 23
Profit After Tax 28 31 20 45 20 40 53 71 50 66
Adjustments 0 -2 -5 -10 -1 -3 -4 -6 -0 -2
Profit After Adjustments 29 28 16 35 19 36 49 65 50 64
Adjusted Earnings Per Share 1.6 1.6 0.9 2 1.1 2 2.7 3.7 2.8 3.3

Syrma SGS Technology Profit & Loss

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 397 438 1020 2048 3154 3787 3883
Other Income 8 6 12 44 58 49 69
Total Income 405 444 1032 2093 3212 3836 3953
Total Expenditure 328 390 923 1857 2952 3463 3495
Operating Profit 77 54 109 236 261 373 458
Interest 10 6 9 26 41 58 59
Depreciation 10 12 19 31 51 75 84
Exceptional Income / Expenses -6 0 0 0 -1 -2 -2
Profit Before Tax 52 36 81 179 166 237 314
Provision for Tax 8 8 27 56 42 53 73
Profit After Tax 44 29 54 123 124 184 240
Adjustments 0 3 1 -4 -17 -15 -12
Profit After Adjustments 44 32 56 119 107 170 228
Adjusted Earnings Per Share 6.2 4.2 4 6.7 6 9.5 12.5

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 20% 55% 57% 0%
Operating Profit CAGR 43% 51% 37% 0%
PAT CAGR 48% 50% 33% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 53% 43% NA% NA%
ROE Average 11% 10% 12% 17%
ROCE Average 13% 13% 15% 18%

Syrma SGS Technology Balance Sheet

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 102 242 572 1540 1613 1750
Minority's Interest 0 0 11 3 64 75
Borrowings 24 24 4 87 64 62
Other Non-Current Liabilities 7 33 89 80 102 102
Total Current Liabilities 231 189 572 956 1845 2213
Total Liabilities 364 488 1247 2665 3688 4202
Fixed Assets 86 81 378 532 1075 1144
Other Non-Current Assets 16 142 120 811 337 117
Total Current Assets 262 265 750 1322 2276 2941
Total Assets 364 488 1247 2665 3688 4202

Syrma SGS Technology Cash Flow

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 6 31 28 33 46 78
Cash Flow from Operating Activities 71 24 15 -70 -109 176
Cash Flow from Investing Activities -29 -94 -394 -886 -28 -105
Cash Flow from Financing Activities -21 68 359 968 150 -71
Net Cash Inflow / Outflow 21 -3 -20 12 13 1
Closing Cash & Cash Equivalent 31 28 33 46 78 81

Syrma SGS Technology Ratios

# Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 6.19 4.24 4.04 6.75 6.05 9.54
CEPS(Rs) 7.56 5.39 5.35 8.73 9.91 14.58
DPS(Rs) 0 0 0 1.5 1.5 1.5
Book NAV/Share(Rs) 14.34 31.98 41.31 87.13 90.63 98.03
Core EBITDA Margin(%) 17.47 11.01 9.47 9.34 6.41 8.54
EBIT Margin(%) 15.58 9.66 8.78 9.98 6.59 7.8
Pre Tax Margin(%) 13.15 8.29 7.93 8.73 5.28 6.26
PAT Margin (%) 11.05 6.53 5.31 6.01 3.94 4.87
Cash Profit Margin (%) 13.49 9.28 7.21 7.53 5.57 6.85
ROA(%) 12.06 6.72 6.24 6.29 3.91 4.68
ROE(%) 43.14 16.67 13.37 11.68 7.9 11
ROCE(%) 33.35 17.52 16.82 15.41 10.19 12.99
Receivable days 106.96 101.69 71.61 60.09 77.09 116.03
Inventory Days 62.71 60.5 65.93 78.29 92.1 88.01
Payable days 171.52 143.4 90.24 86.47 124.66 174.16
PER(x) 0 0 0 38.91 76.85 48.17
Price/Book(x) 0 0 0 3.01 5.13 4.69
Dividend Yield(%) 0 0 0 0.57 0.32 0.33
EV/Net Sales(x) 0.12 0.06 0.29 2.41 2.77 2.24
EV/Core EBITDA(x) 0.64 0.49 2.71 20.94 33.53 22.8
Net Sales Growth(%) 0 10.38 132.65 100.88 53.98 20.06
EBIT Growth(%) 0 -31.55 111.35 128.47 1.61 42.26
PAT Growth(%) 0 -34.79 89.2 127.39 1 48.34
EPS Growth(%) 0 -31.52 -4.77 67.25 -10.38 57.72
Debt/Equity(x) 0.82 0.23 0.34 0.23 0.36 0.35
Current Ratio(x) 1.13 1.4 1.31 1.38 1.23 1.33
Quick Ratio(x) 0.84 0.99 0.8 0.77 0.69 0.96
Interest Cover(x) 6.43 7.05 10.42 7.95 5.03 5.06
Total Debt/Mcap(x) 0 0 0 0.07 0.07 0.07

Syrma SGS Technology Shareholding Pattern

# Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
Promoter 47.27 47.21 46.89 46.89 46.89 46.89 46.58 46.52 46.42 42.97
FII 9.27 10.14 11.12 12.95 10.44 10.31 8.48 6.2 6.34 7.02
DII 9.23 9.63 8.21 5.8 6.46 6.45 7.46 7.72 9.14 16.39
Public 34.23 33.02 33.78 34.36 36.22 36.35 37.48 39.55 38.1 33.62
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Company has delivered good profit growth of 33% CAGR over last 5 years
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 42.97%.
  • Company has a low return on equity of 10% over the last 3 years.
  • Debtor days have increased from 124.66 to 174.16days.
  • Stock is trading at 5.8 times its book value.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Syrma SGS Technology News

Top Unlisted Companies & InstaBuy Companies

Sell or Purchase Share (Tentative Price)

IPO

Companies Open Date Close Date Issue Price Cost of 1 Lot Listing Price Listing Gain(%) Current Price Return (%) Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot Listing Price Listing Gain(%) Current Price Return (%) Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot Listing Price Listing Gain(%) Current Price Return (%) Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot Listing Price Listing Gain(%) Current Price Return (%) Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot Listing Price Listing Gain(%) Current Price Return (%) Type Exchange

View more.....