Syncom FY26 Net Profit Rises 55.5% to ₹764.38 Crore

2 min read     Updated on 23 May 2026, 02:59 PM
scanx
Reviewed by
Jubin VScanX News Team
AI Summary

Syncom Formulations (India) Limited has submitted the press clipping for its audited standalone and consolidated financial results for the year ended March 31, 2026. The company reported a 55.5% increase in consolidated net profit to ₹764.38 crore for FY26, while Q4 net profit rose to ₹25.17 crore. Total income for the year grew to ₹5,205.11 crore, driven primarily by the Pharmaceuticals segment.

powered bylight_fuzz_icon
41013047

*this image is generated using AI for illustrative purposes only.

Syncom Formulations (India) Limited has submitted the press clipping related to the extract of its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company's board of directors had previously approved the financial statements during a meeting held on May 22, 2026. The statutory auditors issued an unmodified opinion on the results, confirming compliance with Indian Accounting Standards (Ind AS) and SEBI regulations. The advertisement regarding the results was published in the Business Standard journal on May 23, 2026.

Q4 Performance

Syncom Formulations' Q4 consolidated net profit rose to ₹25.17 crore from ₹17.69 crore in the corresponding quarter of the previous year, reflecting a year-on-year improvement in profitability. However, Q4 revenue came in at ₹135.41 crore, compared to ₹148.88 crore in the same period last year, indicating a decline on the top line for the quarter. The quarterly results highlight a divergence between profit growth and revenue performance during the period.

Metric Q4 FY26 Q4 FY25
Consolidated Net Profit ₹25.17 Crore ₹17.69 Crore
Revenue ₹135.41 Crore ₹148.88 Crore

Consolidated Financial Performance

For the full financial year, the company reported a consolidated net profit of ₹764.38 crore, marking a 55.5% increase from the ₹494.35 crore recorded in the previous year. Total income for the period grew to ₹5,205.11 crore from ₹4,824.47 crore in FY25. Revenue from operations stood at ₹4,891.71 crore, while other income contributed ₹313.40 crore.

Standalone Results

On a standalone basis, the net profit for the year ended March 31, 2026, reached ₹760.08 crore, up from ₹488.72 crore in the corresponding period of the previous year. Total standalone income increased to ₹5,175.39 crore from ₹4,800.41 crore. Revenue from operations was reported at ₹4,865.73 crore. The company noted that it had restated its Earnings Per Share (EPS) calculations for prior periods to comply with Ind AS 33, using Profit After Tax instead of Total Comprehensive Income.

Segment Performance

The company operates across three primary segments: Pharmaceuticals Drugs & Formulations, Trading of Commodities, and Renting of Property. The Pharmaceuticals segment remained the primary revenue driver, contributing ₹5,157.34 crore to the total segment revenue for the year. The company also recognized an incremental cost of ₹87.81 lakh during the year related to the new Labour Codes notified by the Government of India.

Financial Position and Cash Flows

As of March 31, 2026, the company's consolidated total assets stood at ₹5,338.45 crore, compared to ₹4,132.81 crore in the previous year. Equity share capital remained constant at ₹940 crore. The net cash generated from operating activities for the year was ₹580.79 crore, while cash and cash equivalents at the end of the period totaled ₹51.48 crore. The following table summarizes the key full-year financial metrics:

Metric FY26 (₹ in Lacs) FY25 (₹ in Lacs) Change
Consolidated Net Profit 76,438.00 49,434.60 +55.5%
Consolidated Total Income 5,20,511.40 4,82,446.60 +7.9%
Standalone Net Profit 76,008.00 48,871.80 +55.5%
Standalone Total Income 5,17,539.10 4,800,405.00 +7.8%
Consolidated EPS (Basic) 0.81 0.53 +52.8%

Historical Stock Returns for Syncom Formulations

1 Day5 Days1 Month6 Months1 Year5 Years
+0.56%+3.84%+5.05%-9.64%-28.34%+77.04%

What strategic initiatives is Syncom Formulations planning to address the Q4 revenue decline while sustaining its strong profit growth trajectory into FY27?

How might Syncom Formulations deploy its significantly expanded asset base of ₹5,338 crore to drive future revenue growth, given the relatively low cash and cash equivalents of ₹51.48 crore?

Will the company's Trading of Commodities and Renting of Property segments play a larger role in diversifying revenue streams as the Pharmaceuticals segment faces top-line pressure?

Syncom Formulations (India) Limited Acquires Commercial Property from HDFC Bank Ltd for ₹57,26,00,000

1 min read     Updated on 05 May 2026, 05:29 AM
scanx
Reviewed by
Ashish TScanX News Team
AI Summary

Syncom Formulations (India) Limited disclosed on 4th May, 2026, the acquisition of the entire 7th Floor, Trade Star, Andheri-Kurla Road, Andheri (E), Mumbai-400059 from HDFC Bank Ltd. The total consideration paid for the property stands at ₹57,26,00,000 (Rupees Fifty-Seven Crore Twenty Six Lacs Only), representing full and final payment. The disclosure was made under Regulation 30 of SEBI (LODR) Regulations, 2015, and has been classified as a material development by the company.

powered bylight_fuzz_icon
39484746

*this image is generated using AI for illustrative purposes only.

Syncom Formulations (India) Limited has informed the stock exchanges of a material acquisition under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with the SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026. The disclosure was filed on 4th May, 2026 and pertains to the successful purchase of a commercial property from HDFC Bank Ltd.

Acquisition of Commercial Property

Syncom Formulations (India) Limited has completed the acquisition of the entire 7th Floor at Trade Star, Andheri-Kurla Road, Andheri (E), Mumbai-400059. The company's bid for this commercial property was accepted by HDFC Bank Ltd, and the transaction has been concluded with the payment of the full and final consideration.

The key details of the acquisition are summarised below:

Parameter: Details
Property Acquired: Entire 7th Floor, Trade Star
Location: Andheri-Kurla Road, Andheri (E), Mumbai - 400059
Seller: HDFC Bank Ltd
Total Consideration: ₹57,26,00,000 (Rupees Fifty-Seven Crore Twenty Six Lacs Only)
Disclosure Date: 4th May, 2026
Regulatory Framework: Regulation 30 of SEBI (LODR) Regulations, 2015

Regulatory Disclosure

The acquisition has been classified as material in nature by the company and has been disclosed to BSE Limited and the National Stock Exchange of India Limited in compliance with applicable SEBI regulations. The disclosure was signed by CS Vaishali Agrawal, Company Secretary and Compliance Officer of Syncom Formulations (India) Limited, on 4th May, 2026.

Syncom Formulations (India) Limited is a WHO-GMP and ISO 9001:2015 certified company with its registered office at 7, Niraj Industrial Estate, Off Mahakali Caves Road, Andheri (East), Mumbai - 400 093, and its corporate office at 207, Saket Nagar, Indore - 452 018.

Historical Stock Returns for Syncom Formulations

1 Day5 Days1 Month6 Months1 Year5 Years
+0.56%+3.84%+5.05%-9.64%-28.34%+77.04%

How will Syncom Formulations utilize the newly acquired Mumbai office space, and could this signal a strategic shift toward expanding its corporate presence in a major financial hub?

What impact will the ₹57.26 crore capital outlay have on Syncom Formulations' balance sheet, liquidity position, and future capital expenditure plans?

Could this property acquisition near Andheri-Kurla Road's business district indicate plans for partnerships, collaborations, or talent acquisition in Mumbai's pharmaceutical ecosystem?

More News on Syncom Formulations

1 Year Returns:-28.34%