Syrma SGS Technology Limited announced its financial results for the quarter and half-year ended September 30, 2026. The company reported a robust 73% Year-on-Year (YoY) growth in Total Revenue for Q2 FY27, reaching ₹19,995 Million. Profit After Tax (PAT) also saw a significant increase of 87% YoY to ₹1,242 Million. Half-yearly performance for H1 FY27 also demonstrated strong growth across key financial metrics.
Syrma SGS Technology Reports Strong Q2 FY27 Financials
Syrma SGS Technology Limited has disclosed its unaudited financial results for the second quarter and half-year ended September 30, 2026, marking a period of substantial growth across its key financial indicators. The company has posted its highest quarterly Revenue, EBITDA, PBT, and PAT.
Q2 FY27 Performance Highlights
For the quarter ended September 30, 2026 (Q2 FY27), Syrma SGS Technology reported a Total Revenue of ₹19,995 Million, reflecting an impressive 73% Year-on-Year (YoY) increase. Export revenue also saw a significant jump of 91% YoY, contributing 26% of the operational revenue. Profitability metrics showcased strong expansion, with EBITDA growing 64% YoY to ₹2,031 Million, PBT rising by 85% YoY to ₹1,652 Million, and Profit After Tax (PAT) surging by 87% YoY to ₹1,242 Million.
Industry Segment Performance in Q2 FY27
The company’s performance across various industry segments in Q2 FY27 was as follows:
- Auto: Revenue was ₹5,169 Million, a 91% YoY increase.
- Consumer: Revenue stood at ₹5,727 Million, a 57% YoY increase.
- Healthcare: Revenue was ₹1,340 Million, a 61% YoY increase.
- Industrials: Revenue reached ₹4,935 Million, an 86% YoY increase.
- IT and Railways: Revenue was ₹2,727 Million, a 69% YoY increase.
Financial Ratios
Key financial ratios for Q2 FY27 indicate a stable and improving financial health. EBITDA Margin (Ex Other Income) was 9.7%, EBITDA Margin was 10.2%, PBT Margin was 8.3%, and PAT Margin was 6.2%. The Net Debt to EBITDA ratio stood at -0.4, and Debt to Equity was 0.2. ROCE was recorded at 17.9%, and ROCE adjusted for goodwill was 21.4%.
Half-Yearly Performance (H1 FY27)
For the half-year ended September 30, 2027 (H1 FY27), Syrma SGS Technology reported Total Revenue of ₹36,032 Million, a remarkable 71% YoY growth. Export revenue increased by 80% YoY, constituting 25% of the total revenue. EBITDA grew by 68% YoY to ₹3,798 Million, PBT by 95% YoY to ₹3,060 Million, and PAT by 98% YoY to ₹2,299 Million.
Balance Sheet and Cash Flow Highlights
As of September 26, 2026, the company’s Total Assets stood at ₹70,741 Million, with Total Equity and Liabilities also at ₹70,741 Million. The company maintained a net cash position of (₹2,576 Million) as of September 30, 2026. The cash flow statement for H1 FY27 shows a Net Operating Cashflow of ₹1,197 Million and a Net Cashflow from Financing activities of ₹3,660 Million.
Source: BSE
