Syrma SGS Technology Ltd

Syrma SGS Tech. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Syrma SGS Technology Ltd

₹ 475 -1.81%
07 May - close price
syrmasgs.com BSE: 543573 NSE : SYRMA
About

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]

Key Points

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

Website BSE NSE
  • Market Cap ₹ 8,431 Cr.
  • Current Price ₹ 475
  • High / Low ₹ 705 / 286
  • Stock P/E 187
  • Book Value ₹ 81.4
  • Dividend Yield 0.32 %
  • ROCE 8.58 %
  • ROE 5.50 %
  • Face Value ₹ 10.0
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Pros

  • Company is expected to give good quarter

Cons

  • Stock is trading at 5.83 times its book value
  • Company has a low return on equity of 7.31% over last 3 years.
  • Earnings include an other income of Rs.61.2 Cr.

* 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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
185.42 149.19 178.46 186.12 243.09 276.47 429.91 308.29 393.49 404.23
167.20 127.14 173.93 176.04 223.94 260.51 399.47 302.03 382.34 398.92
Operating Profit 18.22 22.05 4.53 10.08 19.15 15.96 30.44 6.26 11.15 5.31
OPM % 9.83% 14.78% 2.54% 5.42% 7.88% 5.77% 7.08% 2.03% 2.83% 1.31%
1.22 1.25 4.91 0.95 6.54 12.97 21.32 20.33 7.44 12.08
Interest 0.79 1.00 0.81 3.56 3.81 3.77 2.77 4.88 5.96 7.93
Depreciation 2.81 4.04 3.44 3.64 3.58 4.36 5.56 6.19 7.09 8.69
Profit before tax 15.84 18.26 5.19 3.83 18.30 20.80 43.43 15.52 5.54 0.77
Tax % 36.43% 34.45% 41.62% 36.03% 35.57% 24.76% 42.18% 35.50% -43.32% 11.69%
10.06 11.96 3.03 2.45 11.79 15.65 25.12 10.01 7.93 0.68
EPS in Rs 80.43 0.87 0.22 0.17 0.67 0.89 1.42 0.57 0.45 0.04
Raw PDF
Upcoming result date: 10 May 2024

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
354 397 438 646 1,136 1,536
312 328 390 588 1,053 1,483
Operating Profit 42 69 48 58 83 53
OPM % 12% 17% 11% 9% 7% 3%
3 2 6 8 37 61
Interest 8 10 6 5 16 22
Depreciation 10 10 12 13 17 28
Profit before tax 27 52 36 48 86 65
Tax % 23% 16% 21% 36% 36%
21 44 29 31 55 44
EPS in Rs 298.68 615.26 382.62 2.22 3.11 2.48
Dividend Payout % 0% 0% 0% 0% 48%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 42%
TTM: 74%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 4%
TTM: 37%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 65%
Return on Equity
10 Years: %
5 Years: %
3 Years: 7%
Last Year: 6%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 1 1 1 138 177 177
Reserves 56 101 237 406 1,278 1,269
Preference Capital 9 5 0 0 0
92 85 61 138 256 357
137 160 160 233 459 605
Total Liabilities 286 347 460 915 2,170 2,408
86 86 81 114 248 335
CWIP 0 0 0 40 25 19
Investments 0 0 89 404 461 677
200 260 290 356 1,436 1,377
Total Assets 286 347 460 915 2,170 2,408

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
10 71 24 13 -61
-22 -26 -95 -387 -889
13 -21 68 355 970
Net Cash Flow 2 25 -3 -19 20

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 102 107 106 97 74
Inventory Days 106 110 100 95 147
Days Payable 152 172 149 123 149
Cash Conversion Cycle 57 45 58 69 72
Working Capital Days 59 52 65 57 65
ROCE % 38% 17% 11% 9%

Shareholding Pattern

Numbers in percentages

5 Recently
Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
47.42% 47.27% 47.27% 47.27% 47.22% 46.89% 46.89%
4.08% 4.93% 4.61% 9.27% 10.14% 11.13% 12.95%
7.46% 7.57% 8.58% 9.24% 9.63% 8.21% 5.80%
41.04% 40.21% 39.52% 34.24% 33.02% 33.78% 34.36%
No. of Shareholders 1,23,3331,01,36393,80081,72496,4521,05,0681,12,395

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

Announcements

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DRHP

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