Syrma SGS Technology Limited

Syrma SGS Technology Limited (SYRMA) is a mid-cap Capital Goods company valued at ₹30,873 crore operating in Industrial Products on the NSE and BSE.

Recent price move

Syrma SGS Technology Limited last traded at ₹1,604, down 4.94% on the day.

Recent developments

On 2026-07-30, the company reported a more than 100% increase in its first-quarter net profit to ₹105.7 crore, driven by its joint venture with Japan’s Kaga Electronics. On 2026-09-07, the company's shares reached a new high, fueled by a joint venture with Elemaster targeting $50-100 million in revenue over 3-5 years in high-reliability electronics.

Financial performance

The company's business is improving, with annual revenue rising 27.3% and annual net profit surging 87.5%. The latest quarter saw revenue jump 68.3% and net profit soar 111.4% compared to the same quarter a year earlier. Net profit margin expanded 2.3 percentage points to 7.2%, while return on equity and return on capital employed remained at 12.1% and 15.1%, respectively.

Valuation multiples

The stock trades at 94.7 times earnings, 10.77 times book value. It yields 0.1%.

Things to watch

The company's profit growth has slowed, with a 39.0% annual decline in profit over the past five years. The stock is 12.0% below its 52-week high, and domestic institutional holdings fell by 0.69 percentage points in the quarter.

Where it stands

The company has delivered strong revenue and profit growth in the latest quarter, with net profit margin expanding. However, profit growth has weakened over the past five years, and the stock is trading below its 52-week high. The most significant movement was the 111.4% rise in net profit in the latest quarter.

Summarised by DocStoX's model on 2026-10-17 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.