Syrma SGS Technology Ltd
SYRMASyrma SGS Technology Ltd's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it.
The sharpest disagreement: profits are rising, but only 55% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch.
The price is in a confirmed uptrend (62 weeks in) while the P/E sits at the 57th percentile of its own 4-year range. Underneath, the last four quarters read improving — profit +112.0% year on year, and 55% of the last 3 years' profit arrived as cash. What settles it: whether the cash starts following the profit.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
Syrma SGS Technology Ltd trades at ₹1,367, in a confirmed uptrend and 62 weeks into that stage. That is +36.4% against its own 200-day average. It sits at 89% of a 52-week range of ₹665 to ₹1,452. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 30 straight weeks.
Today the stock is in a confirmed uptrend — week 62 of stage 2, confirmed. At ₹1,367 it trades +36.4% versus its 200-day average and sits at 89% of its 52-week range (₹665–₹1,452).
Against the market, two honest reads. Cumulative: over the last 3.9 years the stock moved +340% while the NIFTY 500 moved +53% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 30 straight weeks — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.
Syrma SGS Technology Ltd trades at 71.0× P/E, mid-range by its own standards (57th percentile). Its long-run median P/E is 66.5×, measured across 3.9 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 71.0× is mid-range by its own standards (57th percentile), against a long-run median of 66.5× measured over 3.9 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
Why the multiple sits where it does: over the past year annual EPS moved +72.9% against a +82.7% price move — the price outran earnings, pushing the multiple UP its own range.
The price move, decomposed: over 3y, of the +42.8%/yr price move, ~+40.3%/yr came from earnings growth and ~+2.5 pp from the multiple (expanding). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is unremarkable against its own past, so the story rests on the earnings line underneath it, not the multiple.
The PEG ratio and its quarterly curve, which only the second data source carries, are not drawn on this page: its two data sources disagree by up to 21% on reported income across 14 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
Stage: Improving Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
Syrma SGS Technology Ltd reads as improving on its fundamental arc. Improving — profit growth bottomed 7 quarters ago at −8.1% and has held its recovery at +87.4%, ROCE holding at 17.0%. The read is built from 8 quarters across 4 curves, on partial evidence.
Why it matters: a sustained climb off the trough is the setup this page is built to catch — the question moves to what you pay for it.
Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.
A partial read: at least one curve is short, or the returns curve is not the computed quarterly series — hold the stage word a little more loosely.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +27.3% | +33.0% | +40.3% | — |
| Profit | +88.0% | +41.2% | +38.1% | — |
| EPS | +72.9% | +34.7% | −55.2% | — |
| Share price | +82.7% | +42.8% | — | — |
4-Factor Sector Score
69.2/100 — rank 2 of 9 in Consumer Electronics - EMS · 82% evidence confidence
Syrma SGS Technology Ltd scores 69.2 out of 100 against the 9 companies it is compared with in Consumer Electronics - EMS, ranking 2. Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence.
The four contributions add to the total exactly: 31.2 + 16.4 + 9.1 + 12.5 = 69.2. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
Revenue Revenue is the top line: everything the company billed its customers in the period.
Syrma SGS Technology Ltd reported ₹1,589 Cr of revenue in the Jun 26 quarter, +68.3% year on year. That is the 4th straight quarter of year-on-year growth. Over 7 years it has compounded at 45.2% a year. The last full year, FY26, came in at ₹4,819 Cr. The last four reported quarters add to ₹5,464 Cr.
FY26 revenue came in at ₹4,819 Cr (+27.3% on the year), capping 7 years at 45.2% compound. The latest quarter (Jun 26) printed ₹1,589 Cr, +68.3% year on year — the 4th consecutive quarter of year-over-year growth.
Pace check: the last four quarters averaged +52.4% growth against the decade's 45.2% — the current year is running faster than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew +53.0% over the last 4 quarters against +21.2%/yr over the last 8 — accelerating; TTM profit +87.4% vs +85.9%/yr — stabilising.
Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
Syrma SGS Technology Ltd's operating margin is 10.0% in the Jun 26 quarter, +1.0 percentage points against the same quarter a year ago. Across 8 fiscal years the operating margin has ranged 6.0% to 16.0%. The current quarter sits inside that band.
The latest quarter's operating margin is 10.0%, +1.0 pp against the same quarter a year ago. Across 8 fiscal years the operating margin has ranged 6.0%–16.0%.
Why the margin moved: operating margin went +1.0 pp year on year while gross margin went −0.2 pp — the gain came mostly below the gross line: operating leverage, with costs spread over a bigger revenue base.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Syrma SGS Technology Ltd earned ₹106 Cr of net profit in the Jun 26 quarter, +112.0% year on year. It is the 8th consecutive quarter of growth. Full-year FY26 profit was ₹346 Cr. The 7-year compound rate is 49.2%. That is 6.7% of the quarter's revenue. The same quarter a year earlier earned ₹50.0 Cr.
Jun 26 profit was ₹106 Cr, +112.0% year on year — the 8th consecutive quarter of growth. On the full year, FY26 printed ₹346 Cr (+88.0%), and the 7-year compound rate is 49.2%.
Why profit moved: revenue contributed +68.3% and the margin +1.0 pp — the quarter was revenue-led, with the margin roughly flat.
Pace comparison, last four quarters: profit +88.0% vs revenue +52.4%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years 55% of Syrma SGS Technology Ltd's reported profit arrived as operating cash — a gap worth watching. In FY26 that was ₹290 Cr of operating cash against ₹346 Cr of profit. After ₹405 Cr of capital spending, ₹−115 Cr was left as free cash.
FY26: operating cash of ₹290 Cr against reported profit of ₹346 Cr, leaving free cash of ₹−115 Cr after ₹405 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 55% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
🚨 Why conversion sits at 55%: the cash cycle tightened 35 days between FY21 and FY26 — cash that used to wait in the cycle now reaches the bank sooner. Less than 70% of profit arriving as cash is the thing to watch on this page.
Router verdict: the bigger cash user is investment — capital spending ran 5.6× depreciation over three years, so the next section's job is to check what that build-out is buying.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
Syrma SGS Technology Ltd's cash conversion cycle runs 48 days in FY26, down from 83 days in FY21. Capital spending ran ₹1,184 Cr over the last 3 years. At FY26 sales of ₹4,819 Cr each day of that cycle holds about ₹13.2 Cr, so roughly ₹634 Cr sits inside the business at any moment.
FY26: debtors at 139 days, inventory at 108 days — roughly 3.6 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 48 days, tighter than FY21's 83.
The full loop: cash goes out to suppliers and production on day 0; stock waits 108 days to sell; customers pay about 139 days after that; and suppliers themselves are paid at 199 days — netting out to the 48-day cycle.
In money terms: at FY26 sales of ₹4,819 Cr, each day of the cycle holds about ₹13.2 Cr — so the 48-day loop keeps roughly ₹634 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹1,184 Cr over the last 3 fiscal years against ₹210 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹68.0 Cr (FY26) — capacity paid for but not yet earning.
The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.
Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.
Syrma SGS Technology Ltd earns a ROCE of 17% in FY26. That is up from a trough of 10% in FY24. A return-on-invested-capital spread against the cost of capital is not computable from what is held here. The wiring behind it is 7.2% net margin on 0.84× asset turns.
FY26 ROCE is 17%, recovered from a FY24 trough of 10% — the full ladder below shows the fall and the climb, undoctored.
Why the return is what it is — the wiring (FY26): 7.2% net margin × 0.84× asset turns × 2.02× balance-sheet leverage ≈ 12.2% on equity. Margin does its share; leverage is a meaningful part of the equation.
The quarterly return curves and the return-on-invested-capital overlay, which only the second data source carries, are not drawn on this page: its two data sources disagree by up to 21% on reported income across 14 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
Debt Debt-to-equity says how much of the business is funded by borrowings; interest cover says how many times operating profit pays the interest bill. Low and high, respectively, is the safe corner.
Syrma SGS Technology Ltd carries ₹400 Cr of borrowings against ₹2,863 Cr of equity in FY26, a debt-to-equity of 0.14. Operating profit covers the interest bill 11×. Over 5 years borrowings went from ₹103 Cr to ₹400 Cr. Capital spending ran ₹1,184 Cr across the last 3 of those years.
FY26: borrowings of ₹400 Cr against equity of ₹2,863 Cr — a debt-to-equity of 0.14. Operating profit covers the interest bill 11×. Over 5 years borrowings went from ₹103 Cr to ₹400 Cr while capital spending ran ₹1,184 Cr in just the last 3 — part of the build-out is riding on borrowed money.
The total-debt and debt-to-equity series, which only the second data source carries, are not drawn on this page: its two data sources disagree by up to 21% on reported income across 14 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
Domestic institutions added 9.4 points of Syrma SGS Technology Ltd over 8 quarters, the biggest move on the register. That takes domestic institutions to 15.9% of the company. Promoters moved −4.6 points over the same window, to 42.3%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Domestic institutions: +9.4 points over 8 quarters to 15.9%; Promoters: −4.6 points over 8 quarters to 42.3%; Foreign institutions: −2.9 points over 8 quarters to 7.5%.
Why the register moved: rotation — foreign institutions −2.9 points against domestic institutions +9.4 points over 8 quarters, with promoters −4.6 points — one class of institutions handing the register to the other, not a verdict change by the people closest to the numbers.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
Syrma SGS Technology Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.
The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Avalon Technologies LtdAVALON | 71.3/100Favorable setup96% evidence | LEADER | 27.5/35 Revenue 46% · PAT 79.4% · OPM change 0 pp 88% evidence | 19.7/25 ROCE 19.5% · OPM 12% 100% evidence | 6.0/20 P/E 107× · PEG 2.67 100% evidence | 18.1/20 RS sector 30.9% · RS bench 55.8% · 1Y 119.6%12 of 12 weeks ahead 100% evidence |
| Exact sum: 27.5 + 19.7 + 6 + 18.1 = 71.3 · Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence. | ||||||
| 2Syrma SGS Technology Ltdthis pageSYRMA | 69.2/100Favorable setup82% evidence | LEADER | 31.2/35 Revenue 53% · PAT 87.4% · OPM change 1 pp 95% evidence | 16.4/25 ROCE 16.7% · OPM 10% 76% evidence | 9.1/20 P/E 71× · PEG — 50% evidence | 12.5/20 RS sector 23.1% · RS bench 47.1% · 1Y 87.7%12 of 12 weeks ahead 100% evidence |
| Exact sum: 31.2 + 16.4 + 9.1 + 12.5 = 69.2 · Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence. | ||||||
| 3Dixon Technologies (India) LtdDIXON | 65.0/100Favorable setup82% evidence | BREAKING OUT | 22.8/35 Revenue 14.3% · PAT 51.7% · OPM change -0.8 pp 95% evidence | 17.6/25 ROCE 42% · OPM 3% 76% evidence | 14.3/20 P/E 45.8× · PEG — 50% evidence | 10.3/20 RS sector -12.3% · RS bench 4.9% · 1Y -15.9%10 of 12 weeks ahead 100% evidence |
| Exact sum: 22.8 + 17.6 + 14.3 + 10.3 = 65 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 4Cyient DLM LtdCYIENTDLM | 55.8/100Mixed-positive evidence100% evidence | LEADER | 19.4/35 Revenue -11.8% · PAT 26.6% · OPM change 1 pp 100% evidence | 8.8/25 ROCE 9.9% · OPM 10% 100% evidence | 7.6/20 P/E 64.8× · PEG 6.44 100% evidence | 20.0/20 RS sector 31.4% · RS bench 56.9% · 1Y 45.9%12 of 12 weeks ahead 100% evidence |
| Exact sum: 19.4 + 8.8 + 7.6 + 20 = 55.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 5Kaynes Technology India LtdKAYNES | 51.5/100Mixed-positive evidence83% evidence | ASLEEP | 17.4/35 Revenue 33.3% · PAT 24.2% · OPM change -1 pp 88% evidence | 15.7/25 ROCE 13.2% · OPM 16% 100% evidence | 13.9/20 P/E 69.7× · PEG 1.33 65% evidence | 4.5/20 RS sector -17.3% · RS bench -18.8% · 1Y -33.2%0 of 10 weeks ahead 70% evidence |
| Exact sum: 17.4 + 15.7 + 13.9 + 4.5 = 51.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 6Virtuoso Optoelectronics LtdVOEPL | 43.9/100Thin evidence · provisional52% evidence | 18.0/35 Revenue — · PAT — · OPM change 1.3 pp 32% evidence | 7.3/25 ROCE 9.6% · OPM 9.2% 95% evidence | 9.6/20 P/E 104× · PEG — 15% evidence | 9.0/20 RS sector -15% · RS bench 12.3% · 1Y 2.4%0 of 3 weeks ahead 70% evidence | |
| Exact sum: 18 + 7.3 + 9.6 + 9 = 43.9 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 7PG Electroplast LtdPGEL | 36.8/100Mixed-negative evidence96% evidence | BREAKING OUT | 9.0/35 Revenue 8.6% · PAT -31.6% · OPM change -4 pp 88% evidence | 11.3/25 ROCE 10.3% · OPM 7% 100% evidence | 6.3/20 P/E 89.5× · PEG 2.29 100% evidence | 10.2/20 RS sector -9.8% · RS bench 9.2% · 1Y -23.4%4 of 12 weeks ahead 100% evidence |
| Exact sum: 9 + 11.3 + 6.3 + 10.2 = 36.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 8Amber Enterprises India LtdAMBER | 27.2/100Adverse evidence78% evidence | ASLEEP | 11.2/35 Revenue 22.2% · PAT -9.6% · OPM change -1 pp 83% evidence | 8.1/25 ROCE 10.2% · OPM 7% 76% evidence | 5.6/20 P/E 133× · PEG — 50% evidence | 2.3/20 RS sector -17.6% · RS bench -0.8% · 1Y 2.3%5 of 12 weeks ahead 100% evidence |
| Exact sum: 11.2 + 8.1 + 5.6 + 2.3 = 27.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 9Epack Durable LtdEPACK | 17.6/100Adverse evidence83% evidence | ASLEEP | 2.7/35 Revenue -12.7% · PAT -80% · OPM change -7 pp 88% evidence | 1.1/25 ROCE 4.5% · OPM 4% 100% evidence | 10.4/20 P/E 678× · PEG 1.41 65% evidence | 3.4/20 RS sector -19.1% · RS bench -18.6% · 1Y -35.4%0 of 10 weeks ahead 70% evidence |
| Exact sum: 2.7 + 1.1 + 10.4 + 3.4 = 17.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
Frequently asked questions
What is Syrma SGS Technology Ltd's share price today?
Syrma SGS Technology Ltd trades at ₹1,367, +82.7% over the past year. The company is valued at ₹26,356 Cr. The stock sits at 89% of its 52-week range of ₹665–₹1,452, +36.4% versus its 200-day average. On the tape, the price is in a confirmed uptrend, 62 weeks in. — as of 31 July 2026.
What were Syrma SGS Technology Ltd's latest quarterly results?
Syrma SGS Technology Ltd reported revenue of ₹1,589 Cr and net profit of ₹106 Cr for the Jun 26 quarter. Revenue rose 68.3% and profit rose 112.0% year on year. Earnings per share were ₹5.19. The operating margin was 10.0%, 1.0 pp higher than a year earlier. — as of 31 July 2026.
What is Syrma SGS Technology Ltd's revenue?
Syrma SGS Technology Ltd reported revenue of ₹1,589 Cr in the Jun 26 quarter, +68.3% year on year. For the full FY26 fiscal year, revenue was ₹4,819 Cr (+27.3%). Over the last 7 years revenue compounded at 45.2% a year. — as of 31 July 2026.
What is Syrma SGS Technology Ltd's profit?
Syrma SGS Technology Ltd earned ₹106 Cr of net profit in the Jun 26 quarter, +112.0% year on year — the 8th straight quarter of growth. Full-year FY26 profit was ₹346 Cr. The operating margin ran 10.0% in the latest quarter. — as of 31 July 2026.
What is Syrma SGS Technology Ltd's market cap?
Syrma SGS Technology Ltd's market capitalisation is ₹26,356 Cr at a share price of ₹1,367. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 31 July 2026.
What is Syrma SGS Technology Ltd's P/E ratio?
Syrma SGS Technology Ltd trades at a P/E of 71.0×, at the 57th percentile of its own 4-year range, against a long-run median of 66.5×. This is a comparison with the stock's own history, not a value call — as of 31 July 2026.
Does Syrma SGS Technology Ltd pay a dividend?
Yes — Syrma SGS Technology Ltd's dividend payout was 9% of profit in FY26, and it recorded a payout in 4 of its last 8 reported fiscal years. This page holds the payout ratio, not a per-share amount. — as of 31 July 2026.
Is Syrma SGS Technology Ltd overvalued?
On its own history, Syrma SGS Technology Ltd looks mid-range against its own history: its P/E of 71.0× sits at the 57th percentile of its 4-year range (long-run median 66.5×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 31 July 2026.
Is Syrma SGS Technology Ltd growing?
Yes — Syrma SGS Technology Ltd is growing: latest-quarter revenue +68.3% year on year, profit +112.0%, and the margin +1.0 pp at 10.0%. The 7-year compound rates are 45.2% (revenue) and 49.2% (profit). The earnings engine currently reads: improving — as of 31 July 2026.
How is Syrma SGS Technology Ltd performing?
Syrma SGS Technology Ltd is in a confirmed uptrend, 62 weeks in. Its latest quarter's revenue rose 68.3% and profit rose 112.0% year on year. Against the NIFTY 500 it has been ahead on a trailing-13-week view for 30 weeks. This describes what the data did, not a rating. — as of 31 July 2026.
What stage is Syrma SGS Technology Ltd in?
Improving — profit growth bottomed 7 quarters ago at −8.1% and has held its recovery at +87.4%, ROCE holding at 17.0%. The read comes from the last 12 quarters of growth (revenue growth +53.0% latest, profit growth +87.4% latest, eps growth +69.9% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 31 July 2026.
Is Syrma SGS Technology Ltd in an uptrend?
Yes — the price is in a confirmed uptrend (week 62 of stage 2), trading +36.4% versus its 200-day average and at 89% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 31 July 2026.
Is Syrma SGS Technology Ltd beating the market?
On recent form, yes — Syrma SGS Technology Ltd has been ahead of the NIFTY 500 on a trailing-13-week view for 30 straight weeks, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 3.9 years the stock moved +340% against the NIFTY 500's +53% — ahead of the index over the full window. — as of 31 July 2026.
Will Syrma SGS Technology Ltd's share price go up?
This page publishes no price forecast for Syrma SGS Technology Ltd. What it measures instead: the share price is ₹1,367, the price is in a confirmed uptrend 62 weeks in. Its P/E of 71.0× sits at the 57th percentile of its own 4-year range. — as of 31 July 2026.
Who owns Syrma SGS Technology Ltd?
Promoters hold 42.3% of Syrma SGS Technology Ltd, foreign institutions 7.5%, domestic institutions 15.9% and the public 34.2% (latest quarter). The biggest move on the register over the last two years: Domestic institutions added 9.4 points over 8 quarters. — as of 31 July 2026.
Does Syrma SGS Technology Ltd have too much debt?
No — Syrma SGS Technology Ltd's debt-to-equity is 0.14, and operating profit covers the interest bill 11×. FY26 borrowings were ₹400 Cr against equity of ₹2,863 Cr. The returns on this page are earned, not borrowed — as of 31 July 2026.
What is Syrma SGS Technology Ltd's capex?
Syrma SGS Technology Ltd spent ₹1,184 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹405 Cr, with ₹68.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 31 July 2026.
What is Syrma SGS Technology Ltd's cash flow?
Syrma SGS Technology Ltd generated ₹290 Cr of operating cash flow in FY26 and ₹−115 Cr of free cash flow after ₹405 Cr of capital spending. Reported profit that year was ₹346 Cr, so operating cash ran behind profit. Cash-flow resolution for India is annual. — as of 31 July 2026.
Is Syrma SGS Technology Ltd's profit real cash?
Not fully — over the last 3 fiscal years, 55% of Syrma SGS Technology Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹290 Cr against reported profit of ₹346 Cr. The cash then goes mostly into building capacity. Cash-flow resolution is annual — as of 31 July 2026.
Where is Syrma SGS Technology Ltd in its business cycle?
Syrma SGS Technology Ltd's FY26 operating margin was 11.0%, against a 8-year band of 6.0%–16.0%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 10.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 31 July 2026.
What could break the Syrma SGS Technology Ltd story?
The sharpest disagreement: profits are rising, but only 55% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 31 July 2026.
Is Syrma SGS Technology Ltd a stock worth studying right now?
This is not investment advice. The machine read: Syrma SGS Technology Ltd's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it. The sharpest open question: whether the cash starts following the profit. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 31 July 2026.