| Metric | Value (₹ Cr) | Q3 FY26 | Q4 FY25 |
|---|---|---|---|
| Revenue | 1.5K | 15.9% | 58.5% |
| Total Income | 1.5K | 15.9% | 56.0% |
| Expenditure | 1.3K | 17.0% | 55.3% |
| PBT | 150.38 | 8.7% | 61.1% |
| Net Profit | 119.23 | 8.1% | 66.9% |
| OPM | 11.81% | 0.53pp | 0.18pp |
| NPM | 8.07% | 0.59pp | 0.52pp |
| EPS | 5.29 | 0.8% | 44.1% |
Syrma SGS FY26 Revenue Up 27% to ₹4,819 Cr, PAT Surges 87%
11 May 2026 · 11 May, 6:42 pm
Summary
Syrma SGS Technology announced a robust financial performance for the quarter and full financial year ended March 31, 2026. Consolidated total revenue for Q4FY26 surged by 56.0% year-over-year to ₹14,768 million, contributing to a full-year FY26 revenue of ₹48,569 million, an increase of 26.6% from the previous year. Profitability metrics also showed strong growth, with full-year Profit After Tax climbing 87.5% to ₹3,458 million and EBITDA margin expanding by 230 basis points to 12.0%. Managing Director Mr. Jasbir Singh Gujral highlighted FY26 as a strong year of execution, marked by positive operating cash flow, reduced net working capital, and strategic strengthening in key high-quality verticals. The company is actively building new growth verticals through consolidations and projects, aiming for a broader and more resilient electronics manufacturing platform for FY27 and beyond.
Key Highlights
- 1
Syrma SGS Technology reported a significant 56.0% year-over-year growth in consolidated Total Revenue to ₹14,768 million for Q4FY26.
- 2
For the full financial year FY26, consolidated Total Revenue grew by 26.6% to ₹48,569 million.
- 3
EBITDA for Q4FY26 increased by 43.3% year-over-year, reaching ₹1,860 million, demonstrating strong operational performance.
- 4
Profit After Tax (PAT) for the full financial year FY26 surged by an impressive 87.5% year-over-year to ₹3,458 million.
- 5
The company successfully expanded its EBITDA margin for FY26 by 230 basis points, reaching 12.0% compared to 9.7% in FY25.
- 6
Export revenues showed robust growth of 41% in FY26, crossing the ₹1,200 crore mark, reflecting increased global confidence in the company's capabilities.
- 7
Strategic progress included strengthening presence in higher-quality verticals like Automotive, Industrial, Healthcare, and Defence, alongside new growth verticals from the consolidation of Elcome and the Elemaster JV.
Management Comments
Mr. Jasbir Singh Gujral
FY26 was a strong year of execution for Syrma SGS. We delivered 27% revenue growth to ₹4,819 Cr, with operating EBITDA expanding significantly to ₹545 Cr, ahead of what we had indicated at the start of the year. Importantly, this growth was delivered with positive operating cash flow and a meaningful reduction in net working capital days, reflecting stronger execution and capital discipline. The year also marked important progress on our strategic agenda. We strengthened our presence in higher- quality verticals such as Automotive, Industrial, Healthcare and Defence, while exports grew 41% and crossed ₹1,200 Cr, reflecting growing global confidence in our capabilities. With the consolidation of Elcome in Defence, the Elemaster JV in high-reliability Industrial & Railways electronics, and our foray into the component ecosystem through the PCB project, we are building new growth verticals that make Syrma SGS a broader and more resilient electronics manufacturing platform for FY27 and beyond.
Informational and educational content only. Not investment advice.