Syrma SGS Technology Ltd
Syrma SGS Technology Q3 FY26 earnings call: Revenue & Margins
Q3 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
Targeting approximately 30% growth in top line (revenue) for the coming year (FY '26-'27). Syrma SGS aims for a 30% growth in EBITDA and 25-35% revenue growth for FY '26-'27.
From Syrma SGS Technology Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Targeting approximately 30% growth in top line (revenue) for the coming year (FY '26-'27).
- Expected revenue for current year around INR4,900–5,000 crores, with sequential revenue growth continuing into Q4.
- Export revenue expected to grow by 25-30%, potentially crossing INR1,000-1,100 crores next year.
- Smart meter revenue expected to grow 20-30% next year, with revised guidance around INR200 crores for this year.
- Overall volume growth across verticals seen as secular and steady, with some segments growing over 30%, and IT/railways at about 70% due to low base.
- Increasing focus on ODM growth and new PCB manufacturing capacity to support volume and revenue growth.
2 more points management made on revenue & sales performance
Profitability & Margins
See what Syrma SGS Technology Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- PCB project capex: INR 360-400 crores planned for completion by Dec 2026 or FY '26-'27, creating capacity for multilayer and single-layer PCBs. Civil infrastructure prepared for 3 multilayer and 1 single-layer line; additional multilayer lines may be added sooner than planned.
- Total PCB capex planned by FY '30 is around INR 1,500 crores, including CCL, HDI, and Flex lines pending government approvals.
- For FY '27 and '28, organic capex is INR 80-100 crores annually, with an additional INR 300-350 crores for special projects like the PCB business.
- Of the PCB capex, 50% is expected as subsidy from Andhra Pradesh government; equity portion partly funded (25%) by collaborator.
2 more points management made on capital expenditure plans
Top-ranked in Industrial Manufacturing
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Syrma SGS Technology Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- Total order book and visibility is approximately INR 6,400 crores.
- Order book composition:
- 31% from Automotive segment
- 25% from Consumer segment
- 27% from Industrial segment
2 more points management made on order book & pipeline
Syrma SGS Technology Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹1.5K Cr, net profit ₹119 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
Full financials →Continue your research
What Syrma SGS Tech.'s management said in earlier quarters
- Q1 FY27 earnings call analysis →
- Q4 FY26 earnings call analysis →
- Q3 FY25 earnings call analysis →
- Q4 FY26 earnings call analysis →
- Q2 FY26 earnings call →
- Q1 FY26 earnings call →
- Q4 FY25 earnings call →
- Q2 FY25 earnings call →
- Q1 FY25 earnings call →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q2 FY24 earnings call →
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Frequently Asked Questions
What were Syrma SGS Technology Ltd Q3 FY26 results?
Targeting approximately 30% growth in top line (revenue) for the coming year (FY '26-'27). Syrma SGS aims for a 30% growth in EBITDA and 25-35% revenue growth for FY '26-'27.
What is Syrma SGS Technology Ltd share price analysis?
Syrma SGS Technology Ltd currently shows a neutral. The stock trades at a P/E of 74.5 with a market cap of ₹27,654 Cr. Investors should review the full earnings analysis for detailed insights.
Is Syrma SGS Technology Ltd planning capital expenditure?
PCB project capex: INR 360-400 crores planned for completion by Dec 2026 or FY '26-'27, creating capacity for multilayer and single-layer PCBs.
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.