Syrma SGS Technology Ltd
Incorporated in 2004, Syrma SGS Technology Limited is a Chennai-based engineering and design company engaged in electronics manufacturing services (EMS). The company provides integrated services and solutions to original equipment manufacturers (OEMs) from the initial product concept stage to volume production through concept co-creation and product realization.[1]
- Market Cap ₹ 7,327 Cr.
- Current Price ₹ 413
- High / Low ₹ 705 / 323
- Stock P/E 67.7
- Book Value ₹ 90.8
- Dividend Yield 0.36 %
- ROCE 9.74 %
- ROE 6.86 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
- Stock is trading at 4.54 times its book value
- Company has a low return on equity of 8.73% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Electronics Industry: Electronics - Components
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
862 | 886 | 1,020 | 2,048 | 3,154 | |
727 | 784 | 923 | 1,856 | 2,955 | |
Operating Profit | 135 | 102 | 97 | 192 | 199 |
OPM % | 16% | 11% | 9% | 9% | 6% |
13 | 18 | 12 | 44 | 57 | |
Interest | 15 | 10 | 9 | 26 | 38 |
Depreciation | 19 | 23 | 19 | 31 | 51 |
Profit before tax | 113 | 87 | 81 | 179 | 166 |
Tax % | 19% | 24% | 33% | 31% | 25% |
92 | 69 | 57 | 123 | 124 | |
EPS in Rs | 1,281.97 | 916.98 | 4.04 | 6.75 | 6.04 |
Dividend Payout % | 0% | 0% | 0% | 22% | 25% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 53% |
TTM: | 54% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 20% |
TTM: | -8% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 26% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 9% |
Last Year: | 7% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Equity Capital | 5 | 5 | 138 | 177 | 177 |
Reserves | 418 | 595 | 434 | 1,364 | 1,435 |
Preference Capital | 5 | 0 | 0 | 0 | |
120 | 103 | 218 | 375 | 630 | |
243 | 258 | 364 | 626 | 1,447 | |
Total Liabilities | 786 | 960 | 1,154 | 2,541 | 3,689 |
296 | 292 | 378 | 532 | 1,082 | |
CWIP | 1 | 0 | 41 | 25 | 11 |
Investments | 30 | 132 | 41 | 84 | 42 |
459 | 536 | 694 | 1,899 | 2,555 | |
Total Assets | 786 | 960 | 1,154 | 2,541 | 3,689 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
156 | 37 | 15 | -70 | -114 | |
-46 | -113 | -368 | -913 | -28 | |
-59 | 72 | 359 | 997 | 155 | |
Net Cash Flow | 51 | -4 | 5 | 13 | 13 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Debtor Days | 76 | 86 | 97 | 72 | 108 |
Inventory Days | 93 | 109 | 148 | 139 | 146 |
Days Payable | 110 | 112 | 122 | 116 | 178 |
Cash Conversion Cycle | 60 | 83 | 123 | 95 | 76 |
Working Capital Days | 55 | 79 | 107 | 89 | 100 |
ROCE % | 14% | 12% | 15% |
Documents
Announcements
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Intimation Of Participation In Institutional Investor Meetings
2d - Letter dated May 17, 2024 and pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, please find enclosed the investor presentation which will be presented …
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Intimation For Participating In Institutional Investor Meetings
2d - Company''s Management / representatives will be participating in the Conferences, the details of which are enclosed.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
2d - Transcript in respect of the Earnings Conference Call on the financial and operational performance of the Company for the quarter and financial year ended March …
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
14 May - ICDR) Regulations, 2018 and SEBI (LODR), Regulations, 2015, we hereby enclose the monitoring agency report in respect of utilization of proceeds of the initial public …
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Compliance With Regulation 32(1) Of SEBI (LODR) Regulations, 2015.
14 May - Statement of Deviation or Variation for the quarter ended March 31, 2024
Concalls
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May 2024Transcript PPT
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May 2024TranscriptNotesPPT
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Feb 2024Transcript PPT REC
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Nov 2023Transcript PPT REC
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Aug 2023Transcript PPT REC
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May 2023Transcript PPT REC
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May 2023TranscriptNotesPPT
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Feb 2023Transcript PPT
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Nov 2022TranscriptPPT
About[1] Syrma is a technology-focused engineering and design company engaged in turnkey electronics manufacturing services (“EMS”), specializing in precision manufacturing for diverse end-use industries. They are leaders in high-mix volume product management and are present in most industrial verticals