Sify Technologies Limited share price today
Sify Technologies Limited · SIFY · Communication Services · Telecom Services · price as of the 4 November 2026 close, updated every trading day · results updated weekly · All US stock lists
Sify Technologies Limited share price: $13.28 at the close on 4 November 2026, +23.1% in a year.
Sify Technologies Limited's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer.
Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business.
The price has been between phases. Over the last four quarters, results have been improving, and 775% of the last 3 years' profit came in as cash. What will decide it: the next one or two quarters of results.
What is the Sify Technologies Limited share price today?
Sify Technologies Limited's share price was $13.28 at the close on 4 November 2026. That is 8.7% below its average price over the last 200 trading days. In the last 52 weeks it traded between $10 and $17, and at that close it sat 45% of the way up from that low.
A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). The phase helps read everything below.
Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 17 weeks running.
Nov 2026: $13.28, 8.7% below its 200-day average.
- Price $13.28
- 50-day avg $13.20
- 200-day avg $14.54
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 11 Jul 2025 | $4.79 | – | – |
| 18 Jul 2025 | $5.57 | – | – |
| 25 Jul 2025 | $5.55 | – | – |
| 1 Aug 2025 | $6.66 | – | – |
| 8 Aug 2025 | $8.20 | – | – |
| 15 Aug 2025 | $8.22 | – | – |
| 22 Aug 2025 | $8.48 | – | – |
| 29 Aug 2025 | $9.43 | – | – |
| 5 Sep 2025 | $11.17 | – | – |
| 12 Sep 2025 | $11.67 | – | – |
| 19 Sep 2025 | $11.90 | $8.42 | – |
| 26 Sep 2025 | $12.89 | $9.13 | – |
| 3 Oct 2025 | $13.23 | $9.88 | – |
| 10 Oct 2025 | $16.50 | $10.83 | – |
| 17 Oct 2025 | $13.19 | $11.57 | – |
| 24 Oct 2025 | $12.33 | $11.99 | – |
| 31 Oct 2025 | $11.63 | $12.35 | – |
| 7 Nov 2025 | $10.79 | $12.54 | – |
| 14 Nov 2025 | $10.66 | $12.64 | – |
| 21 Nov 2025 | $10.37 | $12.57 | – |
| 28 Nov 2025 | $11.07 | $12.49 | – |
| 5 Dec 2025 | $11.21 | $12.44 | – |
| 12 Dec 2025 | $11.29 | $12.23 | – |
| 19 Dec 2025 | $11.36 | $11.89 | – |
| 26 Dec 2025 | $12.50 | $11.56 | – |
| 2 Jan 2026 | $12.29 | $11.53 | – |
| 9 Jan 2026 | $14.99 | $11.67 | – |
| 16 Jan 2026 | $14.27 | $11.92 | – |
| 23 Jan 2026 | $14.85 | $12.22 | – |
| 30 Jan 2026 | $14.73 | $12.58 | – |
| 6 Feb 2026 | $14.53 | $12.93 | – |
| 13 Feb 2026 | $15.05 | $13.28 | – |
| 20 Feb 2026 | $15.66 | $13.59 | – |
| 27 Feb 2026 | $15.67 | $14.06 | – |
| 6 Mar 2026 | $14.16 | $14.35 | – |
| 13 Mar 2026 | $13.76 | $14.52 | – |
| 20 Mar 2026 | $13.89 | $14.67 | – |
| 27 Mar 2026 | $12.90 | $14.61 | – |
| 2 Apr 2026 | $13.74 | $14.50 | – |
| 10 Apr 2026 | $13.77 | $14.37 | – |
| 17 Apr 2026 | $13.42 | $14.20 | – |
| 24 Apr 2026 | $15.40 | $14.28 | $12.05 |
| 1 May 2026 | $15.64 | $14.31 | $12.31 |
| 8 May 2026 | $16.34 | $14.25 | $12.55 |
| 15 May 2026 | $15.73 | $14.39 | $12.80 |
| 22 May 2026 | $16.14 | $14.58 | $13.03 |
| 29 May 2026 | $16.82 | $14.80 | $13.20 |
| 5 Jun 2026 | $14.56 | $15.03 | $13.40 |
| 12 Jun 2026 | $16.05 | $15.32 | $13.58 |
| 18 Jun 2026 | $15.20 | $15.50 | $13.70 |
| 26 Jun 2026 | $15.69 | $15.71 | $13.81 |
| 2 Jul 2026 | $15.32 | $15.87 | $13.90 |
| 10 Jul 2026 | $15.77 | $15.86 | $13.97 |
| 17 Jul 2026 | $14.01 | $15.81 | $14.03 |
| 24 Jul 2026 | $14.11 | $15.65 | $14.05 |
| 31 Jul 2026 | $14.64 | $15.48 | $14.01 |
| 7 Aug 2026 | $15.80 | $15.42 | $14.05 |
| 14 Aug 2026 | $15.57 | $15.30 | $14.13 |
| 21 Aug 2026 | $14.66 | $15.21 | $14.21 |
| 28 Aug 2026 | $14.40 | $15.06 | $14.29 |
| 4 Sep 2026 | $14.35 | $14.97 | $14.38 |
| 11 Sep 2026 | $13.78 | $14.80 | $14.44 |
| 18 Sep 2026 | $13.66 | $14.65 | $14.50 |
| 25 Sep 2026 | $13.35 | $14.52 | $14.56 |
| 2 Oct 2026 | $13.31 | $14.42 | $14.61 |
| 9 Oct 2026 | $12.85 | $14.29 | $14.64 |
| 16 Oct 2026 | $11.43 | $13.97 | $14.64 |
| 23 Oct 2026 | $11.63 | $13.56 | $14.62 |
| 30 Oct 2026 | $12.44 | $13.29 | $14.57 |
| 4 Nov 2026 | $13.28 | $13.20 | $14.54 |
Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?
Ahead in 26 of 57 weeks
| Week | 13-week return vs S&P 500 |
|---|---|
| 11 Jul 2025 | no S&P 500 reading |
| 18 Jul 2025 | no S&P 500 reading |
| 25 Jul 2025 | no S&P 500 reading |
| 1 Aug 2025 | no S&P 500 reading |
| 8 Aug 2025 | no S&P 500 reading |
| 15 Aug 2025 | no S&P 500 reading |
| 22 Aug 2025 | no S&P 500 reading |
| 29 Aug 2025 | no S&P 500 reading |
| 5 Sep 2025 | no S&P 500 reading |
| 12 Sep 2025 | no S&P 500 reading |
| 19 Sep 2025 | no S&P 500 reading |
| 26 Sep 2025 | no S&P 500 reading |
| 3 Oct 2025 | no S&P 500 reading |
| 10 Oct 2025 | +239.8% |
| 17 Oct 2025 | +130.9% |
| 24 Oct 2025 | +115.9% |
| 31 Oct 2025 | +64.9% |
| 7 Nov 2025 | +26.3% |
| 14 Nov 2025 | +25.3% |
| 21 Nov 2025 | +20.2% |
| 28 Nov 2025 | +11.4% |
| 5 Dec 2025 | −5.6% |
| 12 Dec 2025 | −7.0% |
| 19 Dec 2025 | −7.1% |
| 26 Dec 2025 | −7.3% |
| 2 Jan 2026 | −9.2% |
| 9 Jan 2026 | −15.4% |
| 16 Jan 2026 | +4.1% |
| 23 Jan 2026 | +18.7% |
| 30 Jan 2026 | +25.2% |
| 6 Feb 2026 | +31.7% |
| 13 Feb 2026 | +39.7% |
| 20 Feb 2026 | +46.4% |
| 27 Feb 2026 | +41.2% |
| 6 Mar 2026 | +28.3% |
| 13 Mar 2026 | +24.7% |
| 20 Mar 2026 | +27.0% |
| 27 Mar 2026 | +11.3% |
| 2 Apr 2026 | +15.8% |
| 10 Apr 2026 | −6.0% |
| 17 Apr 2026 | −8.6% |
| 24 Apr 2026 | +0.1% |
| 1 May 2026 | +2.0% |
| 8 May 2026 | +5.7% |
| 15 May 2026 | −3.9% |
| 22 May 2026 | −5.1% |
| 29 May 2026 | −2.9% |
| 5 Jun 2026 | −6.9% |
| 12 Jun 2026 | +4.6% |
| 18 Jun 2026 | −5.7% |
| 26 Jun 2026 | +6.7% |
| 2 Jul 2026 | −2.1% |
| 10 Jul 2026 | +3.4% |
| 17 Jul 2026 | −0.3% |
| 24 Jul 2026 | −11.9% |
| 31 Jul 2026 | −10.1% |
| 7 Aug 2026 | −8.1% |
| 14 Aug 2026 | −6.0% |
| 21 Aug 2026 | −11.9% |
| 28 Aug 2026 | −16.1% |
| 4 Sep 2026 | −5.9% |
| 11 Sep 2026 | −17.2% |
| 18 Sep 2026 | −12.1% |
| 25 Sep 2026 | −20.7% |
| 2 Oct 2026 | −16.5% |
| 9 Oct 2026 | −21.6% |
| 16 Oct 2026 | −21.1% |
| 23 Oct 2026 | −20.4% |
| 30 Oct 2026 | −16.2% |
| 4 Nov 2026 | −15.1% |
Over the last 1 year the share price moved +177% while the S&P 500 moved +23%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 10 July 2026. The chart above shows the 13-week comparison for every week.
This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.
What dividend does Sify Technologies Limited pay?
Sify Technologies Limited pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes.
Which stock lists is Sify Technologies Limited on?
Sify Technologies Limited is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list.
Is Sify Technologies Limited profitable?
Sify Technologies Limited earned INR 65.0 M of net profit in the Jun 2026 quarter. The full FY26 year was a loss of INR 1.4 B. That is 0.5% of the quarter's revenue. The same quarter a year earlier lost INR 389 M. 9 of the last 12 reported quarters were loss-making.
Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.
FY26 profit −INR 1.4 B
- Growth on a year earlier −564.7%
| Quarter | Growth on a year earlier |
|---|---|
| FY22 | – |
| FY23 | −46.4% |
| FY24 | −75% |
| FY25 | −564.7% |
| FY26 | – |
Jun 2026: INR 65.0 M
- Growth on a year earlier −369.6%
| Quarter | Growth on a year earlier |
|---|---|
| Sep 2023 | −120.3% |
| Dec 2023 | −105.4% |
| Mar 2024 | 367.2% |
| Jun 2024 | −180.5% |
| Sep 2024 | – |
| Dec 2024 | – |
| Mar 2025 | −464.8% |
| Jun 2025 | – |
| Sep 2025 | −369.6% |
| Dec 2025 | – |
| Mar 2026 | – |
| Jun 2026 | – |
This company reports in Indian rupees, not US dollars, so the money charts are left out here. The figures in the text are in that currency (INR); nothing is converted.
How much revenue does Sify Technologies Limited make, and is it growing?
Sify Technologies Limited reported INR 12.4 B of revenue in the Jun 2026 quarter, +15.2% on the same quarter a year earlier. That is the 10th quarter in a row with growth on the year before. Over 4 years it has grown 13.5% a year on average. The last full year, FY26, came in at INR 44.9 B.
Revenue is everything the company billed its customers in the period.
The last four reported quarters add to INR 46.5 B.
FY26 revenue was INR 44.9 B, +12.5% on the year before.
FY26 revenue INR 44.9 B (+12.5% on the year before), 13.5% a year over 4 years
- Growth on a year earlier 12.5%
| Quarter | Growth on a year earlier |
|---|---|
| FY22 | – |
| FY23 | 23.6% |
| FY24 | 6.7% |
| FY25 | 11.9% |
| FY26 | 12.5% |
Jun 2026: INR 12.4 B (+15.2% on a year earlier), the 10th quarter in a row of growth
- Growth on a year earlier 15.2%
| Quarter | Growth on a year earlier |
|---|---|
| Sep 2023 | 10.8% |
| Dec 2023 | −2.7% |
| Mar 2024 | 9.1% |
| Jun 2024 | 10.2% |
| Sep 2024 | 16.9% |
| Dec 2024 | 21.2% |
| Mar 2025 | 0.6% |
| Jun 2025 | 13.8% |
| Sep 2025 | 2.5% |
| Dec 2025 | 10.5% |
| Mar 2026 | 24% |
| Jun 2026 | 15.2% |
Recent pace: the last four quarters grew +13.1% on average, against 13.5% a year over the longer run, so this year is growing at about the same pace as its own long-run rate.
Is growth speeding up? Revenue over the last 12 months grew +12.9%, against +12.9% a year over the last 8 quarters (stabilising).
This company reports in Indian rupees, not US dollars, so the money charts are left out here. The figures in the text are in that currency (INR); nothing is converted.
How much of its sales does Sify Technologies Limited keep?
Sify Technologies Limited's operating margin was 9.0% in the Jun 2026 quarter, 4.0 percentage points higher than the same quarter a year ago. Across 5 years it has been between 4.8% and 10.7%. The latest quarter is within that range.
Operating margin is what is left from every INR 100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.
Why the margin moved: operating margin changed +4.0 percentage points on the year while gross margin changed +0.9 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.
FY26: 5.8%, within a range of 4.8% to 10.7% over 5 years
- Operating margin 5.8%
| Quarter | Operating margin |
|---|---|
| FY22 | 10.7% |
| FY23 | 7.9% |
| FY24 | 6.7% |
| FY25 | 4.8% |
| FY26 | 5.8% |
Change on the year before (points)
- Change on the year before (points) +1.0 pts
| Quarter | Change on the year before (points) |
|---|---|
| FY22 | – |
| FY23 | −2.8 pts |
| FY24 | −1.2 pts |
| FY25 | −1.9 pts |
| FY26 | +1.0 pts |
Jun 2026: operating margin 9.0% (+4.0 points on a year earlier)
- Operating margin 9.0%
| Quarter | Operating margin |
|---|---|
| Sep 2023 | 5.5% |
| Dec 2023 | 5.8% |
| Mar 2024 | 9.5% |
| Jun 2024 | 6% |
| Sep 2024 | 7.6% |
| Dec 2024 | 5.1% |
| Mar 2025 | 0.5% |
| Jun 2025 | 5% |
| Sep 2025 | 6.7% |
| Dec 2025 | 5.8% |
| Mar 2026 | 5.6% |
| Jun 2026 | 9% |
Change on a year earlier (points)
- Change on a year earlier (points) +4.0 pts
| Quarter | Change on a year earlier (points) |
|---|---|
| Sep 2023 | −1.8 pts |
| Dec 2023 | −1.2 pts |
| Mar 2024 | +3.2 pts |
| Jun 2024 | −1.3 pts |
| Sep 2024 | +2.1 pts |
| Dec 2024 | −0.7 pts |
| Mar 2025 | −9.0 pts |
| Jun 2025 | −1.0 pts |
| Sep 2025 | −0.9 pts |
| Dec 2025 | +0.7 pts |
| Mar 2026 | +5.1 pts |
| Jun 2026 | +4.0 pts |
Is Sify Technologies Limited's profit turning into cash?
Over the last 3 years, 775% of Sify Technologies Limited's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in INR 7.0 B of operating cash against −INR 1.4 B of profit.
The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.
After INR 12.0 B of spending on assets, free cash was −INR 4.9 B: it spent more than its operations brought in.
Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.
FY26: operating cash was 3,513% of profit (775% over three years)
- Operating cash as % of profit 300%
- Break-even line 100%
| Quarter | Operating cash as % of profit | Break-even line |
|---|---|---|
| FY22 | 178% | 100% |
| FY23 | 300% | 100% |
| FY24 | 300% | 100% |
| FY25 | – | 100% |
| FY26 | – | 100% |
Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.
What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.
This company reports in Indian rupees, not US dollars, so the money charts are left out here. The figures in the text are in that currency (INR); nothing is converted.
Where does Sify Technologies Limited's cash go?
Sify Technologies Limited does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent INR 34.2 B on assets over the last 3 years. Averaged over those years that is 25.4% of FY26 revenue a year.
Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.
Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.
Spending on assets: INR 34.2 B over the last 3 years.
In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.
This company reports in Indian rupees, not US dollars, so the money charts are left out here. The figures in the text are in that currency (INR); nothing is converted.
What is Sify Technologies Limited's P/E ratio, and how does it compare with its own history?
Sify Technologies Limited has no P/E right now, because its earnings are negative. The revenue and margin sections are where a turn would show first. The P/E comes back here once profit turns positive.
P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.
PEG 41.52 at the Jun 2026 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate
- PEG 6.00×
- PEG = 1.0 1.00×
| Quarter | PEG | PEG = 1.0 |
|---|---|---|
| Sep 2021 | 1.54× | 1.00× |
| Dec 2021 | 1.24× | 1.00× |
| Mar 2022 | 1.07× | 1.00× |
| Jun 2022 | 1.08× | 1.00× |
| Sep 2022 | 0.85× | 1.00× |
| Dec 2022 | 0.64× | 1.00× |
| Mar 2023 | 0.63× | 1.00× |
| Jun 2023 | 2.35× | 1.00× |
| Sep 2023 | 4.58× | 1.00× |
| Dec 2023 | 4.66× | 1.00× |
| Mar 2024 | 2.59× | 1.00× |
| Jun 2024 | 2.20× | 1.00× |
| Sep 2024 | 0.90× | 1.00× |
| Dec 2024 | 0.79× | 1.00× |
| Mar 2025 | 0.60× | 1.00× |
| Jun 2025 | 0.60× | 1.00× |
| Sep 2025 | 0.60× | 1.00× |
| Dec 2025 | 6.00× | 1.00× |
| Mar 2026 | 6.00× | 1.00× |
| Jun 2026 | 6.00× | 1.00× |
Is the Sify Technologies Limited business getting better or worse?
Sify Technologies Limited's business is giving mixed signals. There is no clear direction across the growth lines, with ROCE steady at 5.6%; each line tells part of the story. This is based on 12 quarters of 3 measures, with some gaps.
Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.
Growth year by year: revenue +12.5% in FY26
- Revenue growth 12.5%
| Quarter | Revenue growth |
|---|---|
| FY22 | – |
| FY23 | 23.6% |
| FY24 | 6.7% |
| FY25 | 11.9% |
| FY26 | 12.5% |
Profit growth, EPS growth
- Profit growth −300%
| Quarter | Profit growth |
|---|---|
| FY22 | – |
| FY23 | −46.4% |
| FY24 | −75% |
| FY25 | −300% |
| FY26 | – |
Three growth lines over twelve quarters: revenue stabilising
- Revenue 12.9%
| Quarter | Revenue |
|---|---|
| Sep 2023 | 19.8% |
| Dec 2023 | 11% |
| Mar 2024 | 6.7% |
| Jun 2024 | 6.7% |
| Sep 2024 | 8.3% |
| Dec 2024 | 14.3% |
| Mar 2025 | 11.9% |
| Jun 2025 | 12.8% |
| Sep 2025 | 9.1% |
| Dec 2025 | 6.8% |
| Mar 2026 | 12.5% |
| Jun 2026 | 12.9% |
Profit
- Profit −300%
| Quarter | Profit |
|---|---|
| Sep 2023 | −65% |
| Dec 2023 | −92.9% |
| Mar 2024 | −72.4% |
| Jun 2024 | −85.2% |
| Sep 2024 | −42% |
| Dec 2024 | −180.9% |
| Mar 2025 | −300% |
| Jun 2025 | −300% |
| Sep 2025 | −300% |
| Dec 2025 | – |
| Mar 2026 | – |
| Jun 2026 | – |
ROCE: the return line, worked out each quarter
- ROCE 5.6%
| Quarter | ROCE |
|---|---|
| Sep 2023 | 6.5% |
| Dec 2023 | 6.1% |
| Mar 2024 | 6.1% |
| Jun 2024 | 6% |
| Sep 2024 | 5.7% |
| Dec 2024 | – |
| Mar 2025 | – |
| Jun 2025 | – |
| Sep 2025 | – |
| Dec 2025 | – |
| Mar 2026 | – |
| Jun 2026 | 5.6% |
Why it matters: when the lines disagree, each line above matters more than any single label.
This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution.
Compound annual growth rate (%)
Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.
| Measure | 1yr | 3yr | 5yr | 10yr |
|---|---|---|---|---|
| Revenue | +12.5% | +10.3% | — | — |
| Stock price | +23.1% | — | — | — |
How much does Sify Technologies Limited earn on its capital?
Sify Technologies Limited earned a ROE of −7% in FY26. Its return on capital used (ROIC) is 7.2 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a −3.0% net margin and 0.49× asset turnover (sales divided by assets).
Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.
Why the return is what it is (FY26): a −3.0% net margin × 0.49× asset turnover × 4.79× leverage (assets divided by equity) ≈ −7.0% on equity. The margin does its share; borrowing is a big part of it.
The key test, return on capital used minus the cost of capital: 4.4% − 11.6% = −7.2 percentage points. The 11.6% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.
FY26: ROE −7%, the full history
- ROE −7.2%
- ROIC (annual) 4.4%
- Cost of capital 11.6%
| Quarter | ROE | ROIC (annual) | Cost of capital |
|---|---|---|---|
| FY22 | 8.7% | 8.2% | 11.6% |
| FY23 | 3.9% | 5.4% | 11.6% |
| FY24 | 0.9% | 2.8% | 11.6% |
| FY25 | −3.9% | 3.9% | 11.6% |
| FY26 | −7.2% | 4.4% | 11.6% |
Jun 2026: ROIC 4.6% (last 12 months) against a 11.6% cost of capital
- ROIC (12 months) 4.6%
- ROE (12 months) −7.8%
- Cost of capital 11.6%
| Quarter | ROIC (12 months) | ROE (12 months) | Cost of capital |
|---|---|---|---|
| Sep 2023 | 4.1% | 1.5% | 11.6% |
| Dec 2023 | 1.3% | −0.5% | 11.6% |
| Mar 2024 | 0.5% | −0.3% | 11.6% |
| Jun 2024 | 1.4% | 3.2% | 11.6% |
| Sep 2024 | −8.7% | −0.9% | 11.6% |
| Dec 2024 | −5.7% | 1.8% | 11.6% |
| Mar 2025 | −5.7% | −5.1% | 11.6% |
| Jun 2025 | −6.8% | −11.4% | 11.6% |
| Sep 2025 | 3.4% | −7.7% | 11.6% |
| Dec 2025 | 3.5% | −5.5% | 11.6% |
| Mar 2026 | 3.6% | −6.7% | 11.6% |
| Jun 2026 | 4.6% | −7.8% | 11.6% |
Does Sify Technologies Limited have too much debt?
Sify Technologies Limited has total debt of INR 48.6 B against shareholder equity of INR 18.9 B as of Jun 2026, so its debt is 2.56× its equity. Year by year, that ratio went from 1.21 in FY22 to 2.56 in FY26. Keep that borrowing in mind when reading the returns on this page.
Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.
FY26: debt INR 48.6 B, 2.56× equity
- Debt-to-equity 2.56×
| Quarter | Debt-to-equity |
|---|---|
| FY22 | 1.21× |
| FY23 | 1.34× |
| FY24 | 1.86× |
| FY25 | 1.96× |
| FY26 | 2.56× |
Jun 2026: debt INR 48.6 B, debt-to-equity 2.56
- Debt-to-equity 2.56×
| Quarter | Debt-to-equity |
|---|---|
| Sep 2023 | 1.20× |
| Dec 2023 | 1.20× |
| Mar 2024 | 1.86× |
| Jun 2024 | 1.15× |
| Sep 2024 | 1.86× |
| Dec 2024 | 1.86× |
| Mar 2025 | 1.96× |
| Jun 2025 | 1.96× |
| Sep 2025 | 1.97× |
| Dec 2025 | 1.97× |
| Mar 2026 | 2.56× |
| Jun 2026 | 2.56× |
This company reports in Indian rupees, not US dollars, so the money charts are left out here. The figures in the text are in that currency (INR); nothing is converted.
What is the Sify Technologies Limited shareholding pattern?
We have no ownership or short-position figures for Sify Technologies Limited, so this section says so rather than fill the gap. At normal trading volumes, closing those positions would take about 10.5 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.
There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.
How far is Sify Technologies Limited from balance-sheet trouble?
For Sify Technologies Limited, the Z-score is 0.87. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the danger zone. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.
The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.
Why it matters: a Z-score of 0.87 is inside the danger zone, so the balance sheet is a real risk.
How does Sify Technologies Limited rank in its industry?
There is no score against its industry: Sify Technologies Limited is not among the largest members shown in this industry comparison for Telecom Services.
The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown.
Which companies is Sify Technologies Limited compared with?
No sector comparison is shown here, not among the largest members shown in this industry comparison.
Which companies are close to Sify Technologies Limited in size?
Sify Technologies Limited is the 36th largest of 44 Telecom Services companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: Liberty Latin America, Anterix Inc. and Grupo Televisa, S.A.B. Just below it: GCI Liberty, Inc., GCI Liberty, Inc. and Shenandoah Telecommunications Company.
Telecom Services companies close in size
- Liberty Latin America Ltd. $1.7 billion
- Anterix Inc. $1.5 billion
- Grupo Televisa, S.A.B. $1.2 billion
- Sify Technologies Limited $962 million
- GCI Liberty, Inc. $928 million
- GCI Liberty, Inc. $921 million
- Shenandoah Telecommunications Company $575 million
All 44 Telecom Services companies, largest first
Companies close in size in other industries
- GMR Solutions Inc. $963 million · Medical Care Facilities
- Bioventus Inc. $962 million · Medical Devices
- Sify Technologies Limited $962 million
- TrustCo Bank Corp NY $960 million · Banks - Regional
- Tortoise Energy Infrastructure Corporation $960 million · Asset Management
What else do people ask about Sify Technologies Limited?
What were Sify Technologies Limited Limited's latest quarterly results?
Sify Technologies Limited reported revenue of INR 12.4 B and net profit of INR 65.0 M for the Jun 2026 quarter. The operating margin was 9.0%, 4.0 percentage points higher than a year earlier (as of 4 November 2026).
What is Sify Technologies Limited Limited's market cap?
Sify Technologies Limited's market capitalisation is $962 M at a stock price of $13.28. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).
How is Sify Technologies Limited Limited performing?
Sify Technologies Limited's latest readings are below. Over the past 13 weeks it has done worse than the S&P 500, for 17 weeks running. This describes what the data did, not a rating (as of 4 November 2026).
Will Sify Technologies Limited Limited's stock price go up?
This page does not forecast Sify Technologies Limited's stock price. What it shows instead: the stock price is $13.28. Nobody can reliably say which way a price will move, and this site does not try (as of 4 November 2026).
Is Sify Technologies Limited Limited's profit real cash?
Yes, over the last 3 years, 775% of Sify Technologies Limited's reported profit came in as cash from operations. The latest year was lower at -514%, so the trend is worth watching. In FY26, operating cash was INR 7.0 B against reported profit of −INR 1.4 B.
Most of that cash then goes into building new capacity. These are yearly figures (as of 4 November 2026).
Where is Sify Technologies Limited Limited in its business cycle?
Sify Technologies Limited's FY26 operating margin was 5.8%, against a 5-year range of 4.8% to 10.7%: the low end of its own range, which is often where recoveries start. The latest quarter was 9.0%.
Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).
What could break the Sify Technologies Limited Limited story?
Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business.
On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).
Is Sify Technologies Limited Limited a stock worth studying right now?
What the numbers show: Sify Technologies Limited's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results.
Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).
Where do these numbers come from?
Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.
Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.
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