Syrma SGS Technology Limited Earnings Summary — Q4 FY2026
Syrma SGS Achieves Record Quarterly Profit with 28% Revenue Growth and Margin Expansion
Key Takeaways
- Revenue reached an all-time quarterly high of ₹1,465 Cr in Q4 FY2026, up 28% Year-over-Year.
- Net Profit surged 67.6% YoY to ₹119 Cr, reflecting improved scale and cost control.
- Operating Profitability (OPM) stabilized at 12%, significantly higher than the 6-9% range seen in previous fiscal years.
- Balance sheet strength improved notably as total borrowings were reduced from ₹665 Cr in FY25 to ₹400 Cr in FY26.
- The TTM Compound Profit Growth stands at an impressive 102%, driven by the recovery in margins.
- The company demonstrated improved cash management, with Cash from Operating Activities reaching ₹290 Cr for the full year.
- Despite high growth, the company faces an increasing receivable cycle, with receivable days rising to 139 days.
- Equity capital expanded from ₹178 Cr to ₹193 Cr, indicating some equity-linked fundraising or exercise of options during the year.
Management Guidance
Management remains focused on scaling capacity to capture domestic EMS market share and diversifying the customer base across geographies through the 'China Plus One' strategy.
Sentiment Shift
Improving
Outlook
Syrma is positioned as an 'Emerging Compounder' in the EMS space, with projected FY26 revenues of ₹4,819 Cr. Future performance is contingent on managing the high working capital cycle while maintaining current margin levels.
← Back to Syrma SGS Technology Limited AI analysis
Unlock the full report
Deep-dive sections, financial charts, AI chat and PDF export are available with Premium.
This summary is AI-generated from Syrma SGS Technology Limited's latest annual report and public disclosures. It is for informational purposes only and is not investment advice.