Syrma SGS Technology Limited has reported a robust fiscal year 2026, with total revenue climbing to ₹48,569 million, a 27% year-on-year increase. Profitability saw significant improvement, with Profit Before Tax (PBT) rising by 88% to ₹4,454 million and Profit After Tax (PAT) increasing by 87% to ₹3,458 million. The company also improved its EBITDA margins to 12.0%, reflecting efficient operational growth across key industrial sectors.
Annual Financial Performance Highlights
For the fiscal year ended March 31, 2026, Syrma SGS demonstrated substantial growth and margin expansion. The company achieved a total revenue of ₹48,569 million, supported by a 41% year-on-year growth in export revenue, which now accounts for 25% of operating revenue. EBITDA for the year reached ₹5,823 million, representing a 56% year-on-year increase.
Quarterly Results: Q4 FY26 Overview
In the final quarter (January-March 2026), the company sustained its momentum, recording a total revenue of ₹14,768 million, a 56% year-on-year increase. Q4 profitability also showed strong gains, with PBT rising 61% and PAT increasing 67% compared to the same period in the previous year. The EBITDA margin for the quarter stood at 12.6%.
Segment-Wise Growth
Syrma SGS experienced broad-based growth across all its major industry segments during FY26. IT and Railways led the growth charts with a 74% increase, followed by Auto at 39%, Healthcare at 36%, and Industrials at 30%. Consumer electronics continued to be a significant contributor, accounting for 30% of the total mix.
Stronger Balance Sheet and Efficiency
The company significantly strengthened its financial position by the end of FY26. Net debt moved to a cash-positive position of (₹4,672 million), and the debt-to-equity ratio improved to 0.1. Additionally, operational efficiency was reflected in a reduction of Net Working Capital (NWC) days from 69 to 63, while Return on Capital Employed (ROCE) increased to 16.9%, demonstrating better capital utilization.
Source: BSE
