Syrma SGS Technology has reported robust financial results for the quarter and fiscal year ended March 31, 2026. The company achieved Rs 14,768 million in revenue for Q4FY26, representing a 56% year-on-year growth. For the full fiscal year, total revenue reached Rs 48,569 million. Profitability also saw significant improvement, with quarterly PAT surging 67% year-on-year and annual PAT climbing by 87%, driven by strong execution and strategic focus on high-quality verticals.
Fiscal Year 2026 Financial Highlights
Syrma SGS Technology delivered a strong performance throughout the fiscal year ending March 31, 2026. The company reported a total annual revenue of Rs 48,569 million, a 27% increase compared to the previous year. Operating performance remained resilient, with EBITDA reaching Rs 5,823 million, reflecting a 56% growth YoY. Profit After Tax (PAT) for the year stood at Rs 3,458 million, marking a substantial 87% increase over the prior fiscal period.
Strong Quarter Results
The final quarter (Q4FY26) demonstrated accelerating momentum for the company. Revenue for the quarter rose to Rs 14,768 million, up 56% year-on-year and 15.9% sequentially. EBITDA for the quarter was reported at Rs 1,860 million (a 43% YoY increase), while PAT grew to Rs 1,192 million, achieving a 67% year-on-year surge.
Strategic Growth and Outlook
Management highlighted that the growth was supported by stronger operational execution and improved capital discipline, leading to positive operating cash flow and a reduction in net working capital days. The company successfully deepened its footprint in high-value sectors such as Automotive, Industrial, Healthcare, and Defence. Exports also showed significant traction, growing 41% to exceed Rs 1,200 crore.
Expanding Resilience for FY27
Looking ahead, the company is positioning itself as a more resilient manufacturing platform. Strategic initiatives include the consolidation of Elcome in the Defence sector, the Elemaster JV targeting high-reliability industrial and railway electronics, and a new foray into the component ecosystem through its PCB project. These developments are intended to broaden the company’s capabilities and drive sustained growth into FY27 and beyond.
Source: BSE