Syrma SGS Technologies Reports Strong Growth, Seeing 56% Revenue Jump in Q4FY26
Syrma SGS Technology Ltd., a major player in India’s electronics manufacturing and design ecosystem, announced its financial results for the quarter and full year ended March 31, 2026. The company reported impressive performance across key metrics, highlighting significant year-over-year growth in revenue and profitability.Financial Highlights for Q4FY26 and FY26
For the quarter ended March 31, 2026, Syrma SGS Technology recorded a consolidated total revenue of Rs 14,768 million, marking a 56% year-over-year increase. The company's EBITDA for the quarter stood at Rs 1,860 million, showing a 43% YoY jump. Profit after tax (PAT) for Q4FY26 surged by 67% YoY, reaching Rs 1,192 million.The full fiscal year (FY26) also saw robust growth. Total consolidated revenue reached Rs 48,569 million, representing a 27% increase year-over-year. EBITDA expanded significantly to Rs 5,823 million, up 56% YoY. PAT for FY26 was reported at Rs 3,458 million, reflecting an 87% year-over-year increase. Export revenue, which accounts for 25% of revenue from operations, saw a 41% YoY rise.
The company's financial performance for the quarter and full year ending March 31, 2026, is detailed below:
| Financial Metric (Rs Mn) | Q4FY26 | Q3FY26 | Q4FY25 | YoY Change (Q4) | FY26 | FY25 | YoY Change (FY) |
|---|---|---|---|---|---|---|---|
| Total Revenue | 14,768 | 12,745 | 9,466 | 56.0% | 48,569 | 38,361 | 26.6% |
| EBITDA | 1,860 | 1,697 | 1,298 | 43.3% | 5,823 | 3,727 | 56.2% |
| PAT | 1,192 | 1,103 | 715 | 66.9% | 3,458 | 1,845 | 87.5% |
Management Commentary and Strategic Progress
Commenting on the results, Mr. Jasbir Singh Gujral, Managing Director of Syrma SGS Technology Ltd, highlighted the strong execution year. He stated that the company achieved 27% revenue growth to ₹4,819 Cr in FY26, with operating EBITDA expanding to ₹545 Cr. He noted that this growth was supported by positive operating cash flow and a meaningful reduction in net working capital days, indicating stronger capital discipline.Gujral also emphasized the company’s strategic expansion. He noted that the year marked progress in reinforcing the presence in higher-quality verticals, including Automotive, Industrial, Healthcare, and Defence. Furthermore, he pointed out that exports grew 41%, surpassing ₹1,200 Cr, signaling growing global confidence in the firm's capabilities.
Looking ahead, the company is focused on building resilience through strategic verticals. Initiatives include the consolidation of Elcome in Defence, the Elemaster JV in high-reliability Industrial & Railways electronics, and a new foray into the component ecosystem through a PCB project.
About Syrma SGS Technology Limited
Syrma SGS Technology is a leading Indian Electronic Systems Design and Manufacturing company. With over 45 years of experience, the firm serves more than 270 customers across 20+ countries. It maintains a pan-India manufacturing footprint with facilities located in Chennai, Bangalore, Manesar, Gurgaon, Pune, and Baddi, complemented by R&D centers in Chennai, Pune, Bangalore, and Stuttgart, Germany.The company provides a comprehensive array of services, including Product Design, Assembly (PCBA & Box Build), Quick Prototyping, and Tester Development Services. In addition to EMS, Syrma SGS offers OEM solutions for RFID tags & inlays, high-frequency magnetic components, and electro-mechanicals.
SYRMA Stock Price Movement
Today, Syrma SGS Technology Limited shares edged higher, gaining 1.62% to close at ₹1112.6. The stock rallied on a volume of 1.68 million shares, importantly hitting its 52-week high during the trading session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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