Syrma SGS Technology Limited (IN:SYRMA)
:SYRMA
Want to see IN:SYRMA full AI Analyst Report?
SYRMA Stock Chart & Stats
₹977.65
-₹4.45(-0.72%)
At close: 4:00 PM EST
₹977.65
-₹4.45(-0.72%)
Day’s Range― - ―
52-Week Range₹498.60 - ₹1,333.40
Previous CloseN/A
Volume763.75K
Average Volume (3M)86.41K
Market Cap
₹250.79B
Enterprise Value₹251.29B
Total Cash (Recent Filing)₹7.58B
Total Debt (Recent Filing)₹3.32B
Price to Earnings (P/E)78.2
Beta1.63
Next Earnings
Aug 04, 2026EPS Estimate
3.6Next Dividend Ex-DateN/A
Dividend Yield0.2%
Share Statistics
EPS (TTM)12.65
Shares Outstanding192,830,490
10 Day Avg. Volume85,012
30 Day Avg. Volume86,409
Financial Highlights & Ratios
PEG Ratio0.61
Price to Book (P/B)5.17
Price to Sales (P/S)3.07
P/FCF Ratio173.26
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹1,154.33Price Target Upside18.07% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)21.52
Revenue Forecast (FY)₹63.94B
Bulls Say, Bears Say
Bulls Say
Sustained Revenue GrowthSustained ~26% revenue growth demonstrates durable demand for Syrma's EMS services across industrial, automotive, healthcare and consumer segments. Strong top-line expansion supports better capacity utilization and long-term customer program scale, underpinning predictable manufacturing volumes and bargaining power with suppliers.
Improving Profitability And ReturnsRising operating and net margins alongside improving ROE indicate Syrma is extracting operating leverage as revenue scales and managing costs better. Higher profitability and incremental returns reflect stronger execution in higher value-add services, improving the firm's ability to reinvest and sustain growth without reliance on excessive leverage.
Strongly De-risked Balance SheetMaterial deleveraging to a ~0.11 debt/equity ratio materially improves financial flexibility. Lower leverage reduces refinancing and interest-rate risk, enabling Syrma to fund capex, pursue customer programs, and withstand cyclical EMS demand swings without compromising solvency or forcing dilutive capital raises.
Bears Say
Modest And Volatile Cash GenerationWhile FCF turned positive, it amounts to roughly one-third of net income and showed sharp year-over-year swings. That modest, volatile cash conversion signals working-capital sensitivity typical of EMS firms and may constrain free capacity to fund growth, dividends or buffer margin shocks without external financing.
Eroding Gross Margin TrendA declining gross margin trend suggests sustained mix shifts or pricing pressure in competitive EMS markets. With less gross-margin cushion, Syrma is more exposed to component cost inflation, supply-chain disruptions, or adverse pricing from large OEM customers, putting pressure on future operating margins and return profiles.
Dependence On OEM Programs And Procurement EfficiencySyrma's business model depends on continuity of OEM programs and tight procurement execution. Loss, downsizing or repricing of key programs, or weaker procurement terms, would quickly reduce utilization and margins. This structural customer/program concentration and supply-cost sensitivity amplifies operational risk over the medium term.
Syrma SGS Technology Limited News
SYRMA FAQ
What was Syrma SGS Technology Limited’s price range in the past 12 months?
Syrma SGS Technology Limited lowest stock price was ₹498.60 and its highest was ₹1333.40 in the past 12 months.
What is Syrma SGS Technology Limited’s market cap?
Syrma SGS Technology Limited’s market cap is ₹250.79B.
When is Syrma SGS Technology Limited’s upcoming earnings report date?
Syrma SGS Technology Limited’s upcoming earnings report date is Aug 04, 2026 which is in 48 days.
How were Syrma SGS Technology Limited’s earnings last quarter?
Syrma SGS Technology Limited released its earnings results on May 11, 2026. The company reported ₹5.3 earnings per share for the quarter, beating the consensus estimate of ₹4.38 by ₹0.92.
Is Syrma SGS Technology Limited overvalued?
According to Wall Street analysts Syrma SGS Technology Limited’s price is currently Undervalued.
Does Syrma SGS Technology Limited pay dividends?
Syrma SGS Technology Limited pays a Annually dividend of ₹1.5 which represents an annual dividend yield of 0.2%. See more information on Syrma SGS Technology Limited dividends here
What is Syrma SGS Technology Limited’s EPS estimate?
Syrma SGS Technology Limited’s EPS estimate is 3.6.
How many shares outstanding does Syrma SGS Technology Limited have?
Syrma SGS Technology Limited has 192,830,490 shares outstanding.
What happened to Syrma SGS Technology Limited’s price movement after its last earnings report?
Syrma SGS Technology Limited reported an EPS of ₹5.3 in its last earnings report, beating expectations of ₹4.38. Following the earnings report the stock price went up 1.328%.
Which hedge fund is a major shareholder of Syrma SGS Technology Limited?
Currently, no hedge funds are holding shares in IN:SYRMA
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Syrma SGS Technology Limited
Syrma SGS Technology Limited, established in Chennai, India, in 1978, offers comprehensive electronic manufacturing services both domestically and internationally. The company provides integrated, high-value design and production solutions specifically for Original Equipment Manufacturers (OEMs), encompassing value engineering, tool and mold development, and the conceptualization and creation of test setups. Their extensive product line features printed circuit board assemblies (PCBAs), radio-frequency identification (RFID) items, and diverse electromagnetic and electromechanical components such as chokes, inductors, magnetic filters, and transformers. They also produce various memory and storage products, including motherboards, DRAM modules, solid-state drives (SSDs), USB drives, and other memory solutions. Furthermore, Syrma SGS delivers electronic sub-assemblies, complete assemblies, box-build solutions, disk drives, power supply units/adapters, and fiber optic assemblies, alongside rapid prototyping and repair and rework services. The company serves a wide range of sectors, including automotive, healthcare, information technology, industrial appliances, energy management, water purification, power supply, and consumer goods.
SYRMA Stock 12 Month Forecast
Average Price Target
₹1,154.33
▲(18.07% Upside)
Technical Analysis
Avalon Technologies Limited
―
Centum Electronics Limited
―
Cyient DLM Limited
―
MIC Electronics Limited
―
PG Electroplast Limited
―