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Synergy Green Industries Ltd.
(SGIL)
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Rating:56Neutral
Price Target:
₹621.00
▲(20.90% Upside)
Action:Reiterated
Date:09/23/26
The score is held back primarily by weaker financial fundamentals—profitability deterioration, materially higher leverage, and persistently deep negative free cash flow—despite clear technical strength from an established uptrend and positive momentum indicators. Valuation is mixed because the negative P/E signals unstable earnings, while the dividend yield provides little offset.
Positive Factors
Steady Revenue Growth
Several years of revenue growth indicate ongoing demand for the company’s products and an established ability to expand sales. Although the latest increase moderated, continued top-line progression can support scale benefits and provide a foundation for rebuilding profitability over the next several quarters.
Negative Factors
Profitability Deterioration
Sharp declines in net income and operating profit despite continued revenue growth show meaningful margin compression and earnings volatility. If this persists, weaker operating leverage could limit retained cash, reduce investment capacity, and make future growth less valuable to shareholders.
Read all positive and negative factors
Positive Factors
Negative Factors
Steady Revenue Growth
Several years of revenue growth indicate ongoing demand for the company’s products and an established ability to expand sales. Although the latest increase moderated, continued top-line progression can support scale benefits and provide a foundation for rebuilding profitability over the next several quarters.
Read all positive factors
Synergy Green Industries Ltd. (SGIL) vs. iShares MSCI India ETF (INDA)
Market Cap
₹9.37B
Dividend Yield0.17%
Average Volume (3M)733.00
Price to Earnings (P/E)―
Beta (1Y)0.64
Revenue Growth-2.47%
EPS Growth-148.84%
CountryIN
Employees252
SectorGeneral
Sector StrengthN/A
IndustryManufacturing - Metal Fabrication
Share Statistics
EPS (TTM)-5.69
Shares Outstanding15,543,000
10 Day Avg. Volume1,525
30 Day Avg. Volume733
Financial Highlights & Ratios
PEG Ratio-2.18
Price to Book (P/B)6.67
Price to Sales (P/S)2.02
P/FCF Ratio-5.52
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)11.4
Revenue Forecast (FY)₹4.60B
Synergy Green Industries Ltd. Business Overview & Revenue Model
Company Description
Synergy Green Industries Ltd. engages in manufactures and exports cast, pig iron, and pneumatic tools. It offers industrial castings, turbine castings, metal castings, steel castings, and windmill parts. It provides graded grey iron, spheroidal gr...
Synergy Green Industries Ltd. Financial Statement Overview
Summary
Income Statement
58
Neutral
Balance Sheet
42
Neutral
Cash Flow
25
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.58B | 3.66B | 3.60B | 3.26B | 2.90B | 2.84B |
| Gross Profit | 1.79B | 1.69B | 570.26M | 1.90B | 1.64B | 535.18M |
| EBITDA | 402.45M | 393.66M | 536.99M | 392.50M | 267.52M | 235.57M |
| Net Income | -88.30M | 46.56M | 168.88M | 115.62M | 8.67M | 14.28M |
Balance Sheet | ||||||
| Total Assets | 0.00 | 4.73B | 3.42B | 1.98B | 1.82B | 1.94B |
| Cash, Cash Equivalents and Short-Term Investments | 119.64M | 119.64M | 546.67M | 103.60M | 60.79M | 19.24M |
| Total Debt | 0.00 | 2.50B | 1.56B | 799.33M | 836.63M | 716.92M |
| Total Liabilities | -1.11B | 3.62B | 2.34B | 1.51B | 1.47B | 1.60B |
| Stockholders Equity | 1.11B | 1.11B | 1.08B | 466.93M | 351.12M | 341.64M |
Cash Flow | ||||||
| Free Cash Flow | -366.86M | -1.34B | -990.43M | 184.42M | 153.19M | 16.84M |
| Operating Cash Flow | 121.10M | 50.67M | -163.91M | 376.87M | 256.67M | 280.82M |
| Investing Cash Flow | -474.61M | -979.17M | -867.12M | -190.85M | -137.86M | -251.40M |
| Financing Cash Flow | 343.62M | 913.23M | 1.01B | -148.27M | -116.77M | -50.15M |
Synergy Green Industries Ltd. Technical Analysis
Positive
513.65
Price Trends
597.88
Positive
584.25
Positive
550.58
Positive
Market Momentum
9.17
Positive
48.39
Neutral
10.69
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SGIL, the sentiment is Positive. The current price of 513.65 is below the 20-day moving average (MA) of 615.41, below the 50-day MA of 597.88, and below the 200-day MA of 550.58, indicating a neutral trend. The MACD of 9.17 indicates Positive momentum. The RSI at 48.39 is Neutral, neither overbought nor oversold. The STOCH value of 10.69 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:SGIL.
Synergy Green Industries Ltd. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
82 Outperform | ₹49.76B | 4.56 | ― | ― | 1.82% | -12.22% | |
68 Neutral | ₹59.11B | 21.70 | ― | 0.03% | 30.79% | 22.38% | |
68 Neutral | ₹268.12B | 75.60 | ― | 0.09% | 23.49% | 52.08% | |
65 Neutral | ₹189.78B | 57.60 | ― | 0.20% | 15.53% | 21.46% | |
57 Neutral | ₹26.67B | 24.73 | ― | 0.69% | 9.58% | 2.00% | |
56 Neutral | ₹9.37B | -106.01 | ― | 0.17% | -2.47% | -148.84% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
IN:SGIL
Synergy Green Industries Ltd.
608.10
65.00
11.97%
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IN:ROLEXRINGS
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Synergy Green Industries Ltd. Corporate Events
Synergy Green Industries Wins Clean Audit Review on Q1 FY27 Results
Aug 13, 2026
Synergy Green Industries Ltd. announced that its board of directors has approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, following a board meeting held on August 13, 2026. The company also c...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.