Syrma SGS Technology Ltd
Syrma SGS Technology Q4 FY26 earnings call: Revenue & Margins
Q4 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
Projected overall revenue growth of 30% to 35% supported by current orders and customer visibility. Syrma SGS projects revenue growth of 30%-35% annually backed by strong order book and customer visibility.
From Syrma SGS Technology Ltd's Q4 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Projected overall revenue growth of 30% to 35% supported by current orders and customer visibility.
- Automotive segment grew 39% last year; expected to continue strong growth domestically and increased automotive exports.
- Health care (MedTech) grew 36%; anticipated to cross INR 500 crores next year with sustained growth.
- Industrial segment, including Elcome, grew 30%; new customers in power management and UPS sectors to drive growth.
- Added 32 new customers last year, with 7 in the industrial segment across diverse applications like fuel injection, solar trackers, and FMCG liquid processing.
- Export growth of around 25% to 30% expected, targeting INR 1,500+ crores next year.
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 Business Capex: Total INR800 crores planned for flexible PCB and copper clad laminates, spread over FY '28 to FY '30.
- Phase 1: INR400 crores (INR50 crores spent till last year; INR250 crores expected this year; INR100 crores next year).
- Phase 2: Planned over next year and mid FY '29.
- Additional Organic Capex: INR100-150 crores expected annually.
- Greenfield Project in Renewable Energy: Evaluating technology partners for inverter business; no firm plans yet but focus on entry into renewable space.
- Funding: Capex partly funded through internal accruals, debt, and 25% contribution from JV partner for PCB.
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
- As of March-end FY '26, the total order book stands at approximately INR6,600 crores with a recent net addition of about INR200 crores after Q4 delivery.
- Order book growth has moderated to ~3% from a historical run rate of 7-10%, attributed to higher revenue execution rather than slowdown.
- Order book mix: Automotive ~29%, Consumer ~30%, Industrial ~24%, Health Care ~5%, IT and Railways ~11%.
- Elcome's order book is about 5% of total.
- Orders generally vary in tenure; many customers provide shorter-term orders (3-12 months).
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.
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What Syrma SGS Tech.'s management said in earlier quarters
- Q1 FY27 earnings call analysis →
- Q4 FY26 earnings call analysis →
- Q3 FY26 earnings call analysis →
- Q3 FY25 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 Q4 FY26 results?
Projected overall revenue growth of 30% to 35% supported by current orders and customer visibility. Syrma SGS projects revenue growth of 30%-35% annually backed by strong order book and customer visibility.
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 Business Capex: Total INR800 crores planned for flexible PCB and copper clad laminates, spread over FY '28 to FY '30.
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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.