Syrma SGS FY26 net profit rises 87% on strong revenue growth

2 min read     Updated on 07 Jun 2026, 10:44 AM
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Syrma SGS Technology Limited reported a robust financial performance for FY26, with net profit rising 87% to ₹3,458 million and revenue increasing 27% to ₹48,191 million. The EBITDA margin improved to 12.0%. Growth was driven by the Industrials, Automotive, and IT and Railways segments. The company announced strategic initiatives including a ₹1,600 crore phased capex for a PCB manufacturing JV with Shinhyup Korea and a high-reliability electronics JV with Elemaster. Q4 FY26 revenue grew 57% YoY to ₹14,650 million.

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Syrma SGS Technology Limited reported a strong financial performance for the year ended March 31, 2026, with profit after tax (PAT) rising 87% year-on-year to ₹3,458 million. Revenue from operations grew 27% to ₹48,191 million, driven by growth across automotive, industrial, and consumer verticals. The company’s EBITDA margin improved to 12.0% from 9.7% in the previous year, reflecting operational efficiency and scale benefits.

Financial Performance FY26

The company’s profitability expansion was marked by a profit before tax (PBT) increase of 88% to ₹4,454 million. Total revenue stood at ₹48,569 million. Key operational metrics included a gross profit margin of 25.6%, up from 22.6% in FY25. The balance sheet remained robust with total assets increasing to ₹57,700 million and cash and cash equivalents rising to ₹8,203 million.

Metric (₹ in Million) FY25 FY26 YoY Change
Revenue From Operations 37,872 48,191 27%
EBITDA 3,727 5,823 56%
Profit Before Tax 2,371 4,454 88%
Profit After Tax 1,845 3,458 87%

Segment Performance

Revenue growth was broad-based across all major business verticals. The Industrials segment reported revenue of ₹13,985 million, while the Automotive segment contributed ₹11,390 million. The IT and Railways segment showed the highest growth rate, with revenue increasing 74% to ₹4,336 million, supported by the production of laptop and motherboard assemblies.

Segment FY25 Revenue (₹ Mn) FY26 Revenue (₹ Mn) YoY Growth
Industrials 10,758 13,985 30%
Consumer 13,491 14,527 8%
Automotive 8,213 11,390 39%
IT and Railways 2,493 4,336 74%
Healthcare 2,912 3,952 36%

Strategic Initiatives And Expansion

Syrma SGS outlined significant capital expenditure plans aimed at import substitution and expanding its manufacturing capabilities. The company is establishing a 75:25 joint venture with Shinhyup Korea to manufacture printed circuit boards (PCBs) at a 24-acre facility in Naidupeta, Andhra Pradesh. The total phased capex for this project is estimated at ₹1,600 crore, with commercial operations expected to commence by March 2027. The facility will target the automotive, industrial, consumer, and defence markets.

Additionally, the company formed a joint venture with Italy-based Elemaster to create a high-reliability electronics manufacturing platform in Bengaluru. The facility, with an area of 20,000 sq. ft., saw its first SMT line become operational in Q2 FY2027. Syrma SGS also acquired a 60% stake in Elcome in December 2025 for ₹235 crore, entering the high-entry-barrier maritime electronics segment.

Q4 FY26 Performance

For the quarter ended March 31, 2026, revenue from operations increased 57% year-on-year to ₹14,650 million. PAT for the quarter rose 67% to ₹1,192 million. The company maintained its margin discipline with an EBITDA margin of 12.6% for the quarter.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE0DYJ01015/bb3824eb-ae0f-4e2b-84b6-27158b81e28a.pdf

Historical Stock Returns for Syrma SGS

1 Day5 Days1 Month6 Months1 Year5 Years
+0.43%+16.42%+20.45%+56.03%+129.09%+295.10%

How will the phased ₹1,600 crore capital expenditure impact Syrma SGS's free cash flow and leverage ratios over the next two years?

What are the projected revenue contributions from the new Shinhyup Korea and Elemaster joint ventures once they reach full operational capacity?

Can the IT and Railways segment sustain its 74% growth rate given the current demand for laptop and motherboard assemblies?

Syrma SGS schedules investor meets from May 28 to June 09

1 min read     Updated on 26 May 2026, 07:00 AM
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Syrma SGS Technology Limited has scheduled investor meetings from May 28 to June 09, 2026, in Mumbai and Chennai. The management will participate in conferences by 360 ONE Capital, Motilal Oswal, and ICICI Securities to discuss the business outlook based on public information.

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Syrma SGS Technology Limited has scheduled a series of investor meetings from May 28 to June 09, 2026, to engage with market participants. The company's management and representatives will participate in one-on-one and group interactions during the TRINITY INDIA 2026 by 360 ONE Capital (B&K), a Non-Deal Roadshow with Motilal Oswal, and the INDIA INVESTOR CONFERENCE by ICICI Securities. These events provide a platform to discuss the general business outlook based on publicly available information, with no unpublished price-sensitive information to be disclosed.

The intimation was submitted under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. Syrma SGS Technology Limited clarified that the dates of these meetings are subject to change due to exigencies on the part of the investors or the company. The information regarding these events will be hosted on the official website of Syrma SGS Technology Limited.

Schedule of Investor Meetings

The following table outlines the dates, times, and locations for the upcoming investor interactions:

Date Time Event Type of Interactions Locations
May 28, 2026 11:00 am to 5:00 pm IST TRINITY INDIA 2026 by 360 ONE Capital (B&K) One-on-one/Group Mumbai, India
June 08, 2026 10:00 am to 5:00 pm IST Non-Deal Roadshow with Motilal Oswal One-on-one/Group Chennai, India
June 09, 2026 10:00 am to 5:00 pm IST INDIA INVESTOR CONFERENCE by ICICI Securities One-on-one/Group Mumbai, India

Disclosure and Compliance

The company emphasized that all discussions during these meetings will strictly adhere to regulatory guidelines. The focus will remain on the general business outlook and information that is already in the public domain. Syrma SGS Technology Limited has requested the stock exchanges to take this information on record.

Historical Stock Returns for Syrma SGS

1 Day5 Days1 Month6 Months1 Year5 Years
+0.43%+16.42%+20.45%+56.03%+129.09%+295.10%

What key themes or strategic shifts is Syrma SGS Technology likely to emphasize regarding its business outlook for FY2027?

How might investor sentiment evolve following these non-deal roadshows given the current market conditions for the electronics manufacturing sector?

Will the management provide any updated guidance on capacity expansion or capital expenditure plans during these interactions?

More News on Syrma SGS

1 Year Returns:+129.09%