Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Syrma SGS Technology Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 680 | 601 | 712 | 707 | 1,143 | 1,160 | 833 | 870 | 924 | 944 | 1,146 | 1,264 | 1,465 |
| Expenses + | 623 | 564 | 663 | 667 | 1,059 | 1,115 | 762 | 790 | 817 | 857 | 1,031 | 1,105 | 1,291 |
| Operating Profit | 57 | 37 | 49 | 39 | 83 | 45 | 71 | 80 | 108 | 87 | 115 | 159 | 174 |
| OPM % | 8% | 6% | 7% | 6% | 7% | 4% | 9% | 9% | 12% | 9% | 10% | 13% | 12% |
| Other Income + | 24 | 22 | 8 | 12 | 7 | 15 | 10 | 20 | 22 | 16 | 9 | 7 | 11 |
| Interest | 4 | 8 | 8 | 11 | 13 | 14 | 14 | 15 | 16 | 15 | 13 | 8 | 13 |
| Depreciation | 9 | 10 | 12 | 14 | 16 | 17 | 17 | 20 | 21 | 21 | 22 | 20 | 21 |
| Profit before tax | 68 | 41 | 37 | 27 | 61 | 29 | 51 | 64 | 93 | 67 | 90 | 138 | 150 |
| Tax % | 37% | 31% | 17% | 25% | 26% | 31% | 22% | 17% | 23% | 26% | 26% | 20% | 21% |
| Net Profit + | 43 | 28 | 31 | 20 | 45 | 20 | 40 | 53 | 71 | 50 | 66 | 110 | 119 |
| EPS in Rs | 2.39 | 1.61 | 1.60 | 0.87 | 1.97 | 1.09 | 2.04 | 2.74 | 3.67 | 2.79 | 3.33 | 5.33 | 5.25 |
Financials of Syrma SGS Technology Ltd
Annual income statement trend
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales + | 862 | 886 | 1,267 | 2,048 | 3,154 | 3,787 | 4,819 |
| Expenses + | 727 | 784 | 1,138 | 1,856 | 2,951 | 3,463 | 4,275 |
| Operating Profit | 135 | 102 | 129 | 192 | 203 | 323 | 545 |
| OPM % | 16% | 11% | 10% | 9% | 6% | 9% | 11% |
| Other Income + | 13 | 18 | 18 | 44 | 56 | 47 | 33 |
| Interest | 15 | 10 | 11 | 26 | 41 | 58 | 48 |
| Depreciation | 19 | 23 | 25 | 31 | 51 | 75 | 84 |
| Profit before tax | 113 | 87 | 111 | 179 | 166 | 237 | 445 |
| Tax % | 19% | 24% | 31% | 31% | 25% | 22% | 22% |
| Net Profit + | 92 | 69 | 79 | 123 | 124 | 184 | 346 |
| EPS in Rs | 1,281.97 | 916.98 | 5.59 | 6.75 | 6.04 | 9.53 | 16.48 |
| Dividend Payout % | 0% | 0% | 0% | 22% | 25% | 16% | 9% |
Financials of Syrma SGS Technology Ltd
Capital structure and asset base
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 138 | 177 | 177 | 178 | 192 |
| Reserves | 418 | 595 | 434 | 1,364 | 1,435 | 1,572 | 2,617 |
| Borrowings + | 125 | 103 | 218 | 375 | 630 | 665 | 332 |
| Other Liabilities + | 238 | 258 | 364 | 628 | 1,446 | 1,788 | 2,069 |
| Total Liabilities | 786 | 960 | 1,154 | 2,543 | 3,688 | 4,202 | 5,210 |
| Fixed Assets + | 296 | 292 | 378 | 532 | 1,075 | 1,144 | 1,144 |
| CWIP | 1 | 0 | 41 | 25 | 17 | 66 | 77 |
| Investments | 30 | 132 | 41 | 84 | 42 | 59 | 144 |
| Other Assets + | 459 | 536 | 694 | 1,901 | 2,554 | 2,933 | 3,844 |
| Total Assets | 786 | 960 | 1,154 | 2,543 | 3,688 | 4,202 | 5,210 |
Financials of Syrma SGS Technology Ltd
Operating, investing and financing cash movement
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 156 | 37 | -13 | -70 | -114 | 176 | 290 |
| Cash from Investing Activity + | -46 | -113 | -373 | -885 | -9 | -103 | -742 |
| Cash from Financing Activity + | -59 | 72 | 382 | 968 | 155 | -71 | 558 |
| Net Cash Flow | 51 | -4 | -4 | 13 | 32 | 2 | 105 |
| Free Cash Flow | 108 | 18 | -103 | -188 | -451 | 4 | 114 |
| CFO/OP | 131% | 58% | 13% | -16% | -29% | 73% | 70% |
Financials of Syrma SGS Technology Ltd
Working capital efficiency and return ratios
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 76 | 86 | 78 | 72 | 108 | 142 | |
| Inventory Days | 93 | 109 | 119 | 139 | 146 | 102 | |
| Days Payable | 110 | 112 | 98 | 116 | 178 | 196 | |
| Cash Conversion Cycle | 60 | 83 | 99 | 95 | 76 | 49 | |
| Working Capital Days | 20 | 51 | 30 | 42 | 36 | 37 | |
| ROCE % | 15% | 16% | 15% | 10% | 12% |