1. Syrma SGS Technology
stock logo

83% Buy

Syrma SGS Technology Share Price

SYRMA

₹488.35+₹9.00 (1.88%) Past Year
₹475.30₹492.15
L
Show Current Price
H
  • News

  • Company overview

  • Fundamentals

  • Events

  • More

Company overview

About

arrow

Market cap

Market Cap Switch₹8,672 Cr

Open

₹476.00

Close

₹479.35

Circuit range

₹575.20 - ₹383.50

Day range

₹475.30 - ₹492.15

Year range

₹280.70 - ₹705.20

Volume

2,89,709

Avg. traded

₹486.24

Revenue (12m)

₹2,699 Cr

Syrma SGS Technology

Syrma SGS Technology Limited is a market leader in manufacturing customised end-to-end electronic solutions. With four decades of experience in precision electronics manufacturing, the company has excelled in providing prime electronics manufacturing services.

Syrma SGS Technology Limited was initially incorporated as Syrma Technology Private Limited in August 2004. The company was converted into a public limited company with effect from October 20, 2021, and was renamed Syrma SGS Technology Limited. It was listed on the stock exchanges in 2022. Syrma SGS Technology Limited is listed on both the National Stock Exchange and the BSE..

It has a market capitalisation of nearly ₹10,400 crore as of February 1, 2024. Syrma SGS share price has surged over 127% in the last one year.

Business operations

Syrma SGS Technology Limited's registered office is in Mumbai. The company has spread its footprint across numerous states in India and more than 20 international locations. The company has strategically set up its manufacturing facilities in Tamil Nadu, Karnataka and Haryana.

The company runs 12 state-of-the-art facilities, including three research facilities. The total plant area of Syrma SGS Technology Limited measures over 8.25,000 square feet.

Syrma SGS is a company that centres on technology-driven engineering and design, specialising in comprehensive electronics manufacturing services.

The company also offers PCB Assembly services across multiple facilities. It includes services like fine-pitch placement up to 12 mil, through-hole component assembly and a dedicated product assembly line for volume builds.

It delivers box-build solutions that include electromechanical assembly, firmware and software loading, validation, testing and packing services. Additionally, the company extends a product line of RFID tags and inlays. The designs are custom-made allowing RFID readers to be compatible with standard tags and mobile devices.

The in-house end-of-line tester development services of Syrma SGS provide customised Automatic Test Equipment (ATE), specializing in hardware, software and firmware development for various sectors. As an OEM manufacturer, it produces high-frequency transformers, chokes, coils and inductors.

Syrma SGS offers specialised sheet metal manufacturing services, including processes like precision-crafted components, high-precision machining, a variety of welding techniques and quality surface treatments.

The company provides electronic solutions like EV mobility, combustion and accessories for both combustion engines and the burgeoning electric vehicle segment. The product portfolio in this space includes automotive & EV light controllers, dashboard & infotainment, battery management systems, motor controller units and charging infrastructure.

The company provides services to its over 270 consumers with an array of smart solutions and products.

Financial highlights

– The company’s consolidated revenue more than doubled to ₹2,092.13 crore in FY23 as against ₹1,032 crore in FY22. – Its EBITDA (earnings before interest, taxes, depreciation, and amortization) stood at ₹231.5 crore in FY23 as against ₹143.7 crore in FY22. – Syrma SGS Technology’s consolidated profit after tax (PAT) surged 117.16% year-on-year in FY23 to ₹123 crore, compared to ₹56.67 crore in FY22. – The earnings per share (EPS) stood at ₹7.59 in FY23 as against ₹4.97 in FY22.

Read more

Syrma SGS Technology Key indicators

arrow

52 week high

₹705.20

52 week low

₹280.70

P/E ratio

78.63

P/B ratio

5.45

ROE

5.53%

ROCE

8.62%

Dividend yield

0.31%

Debt/Equity ratio

0.17

EPS

3.11

Learn more

Investment checklist: (3/6)

arrow
check status

Equity returns

check status

Dividend returns

check status

Safety factor

check status

Growth factor

check status

Debt vs Equity

check status

Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst ratings:

Buy

arrow

Buy

83%

Hold

17%

Sell

0%

This analysis is based on the reviews of 12 experts in the last 7 days

Fundamentals

Financial ratios

arrow
  • Profitability

  • Operational

  • Valuation

Operating profit margin

10.55%

Net profit margin

4.84%

ROE

5.53%

ROA

3.48%

ROCE

8.62%

Learn more

Syrma SGS Technology Shareholder returns

arrow

1 day

+1.19%

1 week

-3.09%

1 month

-8.79%

3 months

-21.47%

1 year

+70.77%

3 years

+54.38%

5 years

+54.38%

Revenue statement

All values are in ₹ Crores (Cr)
arrow
Empty state

No data available at the moment

Cash flow

All values are in ₹ Crores (Cr)
arrow
Empty state

No data available at the moment

Balance sheet

All values are in ₹ Crores (Cr)
arrow
Empty state

No data available at the moment

Syrma SGS Technology Share Price history

arrow
DayOpenCloseDay’s change
Fri, Apr 12 2024
₹476.00
₹488.35
+2.53%
Wed, Apr 10 2024
₹475.00
₹479.35
+0.91%
Tue, Apr 9 2024
₹489.80
₹473.70
-3.40%
Mon, Apr 8 2024
₹496.70
₹487.60
-1.87%
Fri, Apr 5 2024
₹499.85
₹493.10
-1.37%
Thu, Apr 4 2024
₹499.50
₹500.20
+0.14%
Wed, Apr 3 2024
₹489.95
₹494.65
+0.95%
Tue, Apr 2 2024
₹491.95
₹491.95
---%

Shareholding info

arrow

Promoters (46.89%)

Mutual Funds (5.17%)

Retail and other (33.78%)

Foreign institutions-FII (11.13%)

Other domestic institutions (3.03%)

Promoters

Learn more

Events

Corporate actions

arrow
  • Dividend • ₹1.5/share

    Ex date 01 Sep 2023

    expand tab

Learn more

More

Similar stocks

arrow
Empty state

No data available at the moment

People also bought

arrow
Empty state

No data available at the moment

Frequently asked questions