# SYRMA (SYRMA) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/syrma

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹1,732.4
- Change: +7.09%
- As of: 2026-09-18
- 1D return: +6.87%
- 5D return: +8.14%
- 1M return: +19.75%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 17, 2026, SYRMA's technical stance is primarily bullish across multiple timeframes, with the current price of ₹1617.7 trading above key moving averages and the Supertrend indicator on daily, weekly, and monthly charts. This alignment suggests a strong uptrend. Daily momentum appears robust, indicated by a positive ADX value of 20.34 and the price trading above its 20-day, 50-day, and 200-day Simple Moving Averages (SMAs) and Exponential Moving Averages (EMAs). The weekly and monthly timeframes also show bullish Supertrend signals and prices above their respective moving averages, reinforcing the positive trend. However, recent anomalies include a high-participation, no-clear-direction event on the weekly chart on September 11, 2026, and significant volume-driven price moves on September 17 and September 7, 2026. The stock is currently positioned near its recent highs, with the nearest resistance at ₹1654.8, approximately 2.29% above the current price. Key support is identified at ₹1588.8, about 1.79% below the current price. The stock's annualized volatility stands at 48%, with a current drawdown of -1%.

- The stock is trading above its daily, weekly, and monthly Supertrend indicators, signaling a bullish trend across timeframes.
- Nearest resistance is observed at ₹1654.8, with support identified at ₹1588.8.
- Recent price action on September 17, 2026, showed a substantial upward move with high volume (volume ratio of 5.82).
- A 'Morning Star' pattern is active on the monthly timeframe as of September 17, 2026.
- Watch for a sustained move above ₹1654.8 to test higher resistance levels, while a break below ₹1588.8 could indicate weakening momentum.

- Morning Star
- Doji
- Harami
- Outside Bar
- Inside Bar

### News Context

Syrma SGS shares experienced a notable surge of 7% on September 17, 2026, a movement attributed by reporting to the SEMICON India 2026 event, which is focused on advancing India's semiconductor production and ecosystem development. This rise in Syrma SGS's stock price occurred within a broader market context where the Nifty 500 has seen a decline of 5.25% year-to-date, while Syrma SGS has achieved a year-to-date return of 124.65% as of September 17, 2026. The SEMICON India 2026 event, ongoing on September 18, 2026, highlights growing global confidence in India's semiconductor sector, with industry leaders discussing the shift towards commercial chip production and the development of a comprehensive supply chain.

- Syrma SGS shares surged 7% on September 17, 2026, linked to the SEMICON India 2026 event.
- As of September 17, 2026, Syrma SGS's year-to-date return was 124.65%.
- The Nifty 500 showed a decline of 5.25% year-to-date as of September 17, 2026.
- SEMICON India 2026, taking place on September 18, 2026, is fostering confidence in India's semiconductor industry, with discussions on commercial production and supply chain development.

- SEMICON India 2026 Day 2 live updates: India need not build entire chip supply chain domestically, says Vikram Misri | Mint
- Waaree, Netweb, Tata Power, Sterlite Tech among 42 stocks in Goldman Sachs’ India AI Enablers portfolio
- Tata group stocks rise after Chandrasekaran reappointment
- Syrma SGS shares surge 7% as SEMICON India 2026 lifts EMS stocks
- Nifty closes above 23,250 as selective buying offsets rate hike concerns

### What Changed

Syrma SGS Technology's stock experienced a notable surge of 7% on September 17, 2026, coinciding with positive sentiment around the SEMICON India 2026 event, which is seen as boosting Electronic Manufacturing Services (EMS) stocks. This recent price movement has contributed to a significant year-to-date return of 124.65% for Syrma SGS, a performance that substantially outpaces the Nifty 500's decline of 5.25% over the same period. The company's stock traded at ₹1617.7 on September 17, 2026, up from ₹1511.2 in the prior trading session. While the broader market showed resilience, closing above 23,250, concerns regarding potential US Federal Reserve rate hikes were also a factor. News reports also highlighted Syrma SGS Technology as a company of interest within the context of India's growing semiconductor ecosystem, with mentions in relation to AI enablers, although it was not explicitly listed in the Goldman Sachs portfolio mentioned.

- Syrma SGS shares surged 7% on September 17, 2026, attributed to positive sentiment from SEMICON India 2026 impacting EMS stocks.
- The stock's year-to-date return reached 124.65% as of September 17, 2026, significantly outperforming the Nifty 500's -5.25% return.
- The stock price increased to ₹1617.7 on September 17, 2026, from ₹1511.2 previously.
- The company is noted in discussions around India's semiconductor ecosystem development, with mentions related to AI enablers.

- SEMICON India 2026 Day 2 live updates: India need not build entire chip supply chain domestically, says Vikram Misri | Mint
- Waaree, Netweb, Tata Power, Sterlite Tech among 42 stocks in Goldman Sachs’ India AI Enablers portfolio
- Tata group stocks rise after Chandrasekaran reappointment
- Syrma SGS shares surge 7% as SEMICON India 2026 lifts EMS stocks
- Nifty closes above 23,250 as selective buying offsets rate hike concerns

### Official Filings

Syrma SGS Technology Limited has been active in expanding its operational footprint and engaging with the investment community. On September 2, 2026, the company, along with its joint venture partner Elemaster S.P.A, inaugurated a new 20,000 sq. ft. high-reliability electronics manufacturing facility in Bengaluru. This facility, operated by their subsidiary Syrma SGS Elemaster Private Limited, is designed to serve sectors including railways, industrial electronics, energy, and medical devices. The joint venture, where Syrma SGS holds a 60% stake and Elemaster holds 40%, was established following the completion of their transaction on April 14, 2026. Further reflecting its operational structure, the company announced on September 10, 2026, that its joint venture entity, Syrma SGS Design and Manufacturing Private Limited, officially changed its name to Syrma SGS Elemaster Private Limited, effective September 9, 2026. Concurrently, the company has been actively engaging with analysts and institutional investors. From September 8 to September 16, 2026, management participated in a non-deal roadshow across multiple US locations, including Boston, Washington, San Francisco, and Salt Lake City, as well as attending the Motilal Oswal 22nd Annual Global Investor Conference in Mumbai on August 19, 2026. These meetings focused on general business outlooks and publicly available information. On the governance front, the 22nd Annual General Meeting held on August 25, 2026, saw shareholders approve all nine resolutions, including the adoption of financial statements for the fiscal year ended March 31, 2026, the declaration of a dividend, and the re-appointment of directors Jayesh Nagindas Doshi and Sandeep Tandon. Shareholder approval was also granted for raising funds via preferential issue to Qualified Institutional Investors and for creating charges on assets.

- On September 2, 2026, Syrma SGS Technology Limited and Elemaster S.P.A inaugurated a new 20,000 sq. ft. high-reliability electronics manufacturing facility in Bengaluru through their joint venture subsidiary, Syrma SGS Elemaster Private Limited.
- The Ministry of Corporate Affairs approved the name change of Syrma SGS Design and Manufacturing Private Limited to Syrma SGS Elemaster Private Limited, effective September 9, 2026.
- Management participated in a non-deal roadshow in the USA from September 8 to September 16, 2026, and attended the Motilal Oswal 22nd Annual Global Investor Conference on August 19, 2026, in Mumbai.
- At the 22nd Annual General Meeting on August 25, 2026, shareholders approved all resolutions, including the adoption of FY26 financial statements, dividend declaration, director re-appointments, and proposals for fundraising and asset charges.

- Intimation under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( Listing Regulations ) - Update on change of name of Syrma SGS Design and Manufacturing Private Limited ( JVCo ) in terms of Joint Venture Agreement between Syrma SGS Technology Limited ( Company ), and Elemaster S.P.A Tecnologie Elettroniche ( Elemaster ). |SUBJECT: General Updates
- Syrma SGS Technology Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Syrma Sgs Technology Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Syrma Sgs Technology Limited has informed the Exchange regarding a press release dated September 02, 2026, titled "Syrma SGS Elemaster Inaugurates State-of-the-Art High-Reliability Electronics Manufacturing Facility in Bengaluru". |SUBJECT: Press Release
- Voting Results of the Remote e-voting of the 22nd Annual General Meeting of the Company held on Tuesday, August 25, 2026 |SUBJECT: Shareholders meeting
- Summary of Proceedings of the 22nd (Twenty-Second) Annual General Meeting of SyrmaSGS Technology Limited ( the Company ) held today i.e. on Tuesday, August 25, 2026, throughVideo Conferencing ( VC )/ Other Audio- Visual Means ( OAVM ) |SUBJECT: Shareholders meeting
- SYRMA SGS TECHNOLOGY LIMITED has informed the Exchange regarding Acquisition of to be incorporated companies |SUBJECT: Acquisition of 'to be incorporated companies'-XBRL
- Intimation under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the Listing Regulations ) - Incorporation of a Company ( Subsidiary Company ) jointly with Kaga Electronics India Private Limited ( Kaga ) |SUBJECT: General Updates
- Syrma SGS Technology Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Syrma Sgs Technology Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates

### Fundamentals

Syrma SGS Technology reported revenue from operations of ₹1,588.62 crore for Q1 FY2026-27. This follows a significant increase in revenue to ₹4,819.06 crore in Q4 FY2025-26 from ₹1,264.18 crore in Q3 FY2025-26. Profit Before Exceptional Items and Tax for Q1 FY2026-27 stood at ₹140.82 crore, compared to ₹449.95 crore in Q4 FY2025-26 and ₹141.73 crore in Q3 FY2025-26. The profit for the period (net profit) was ₹105.69 crore in Q1 FY2026-27, down from ₹345.81 crore in Q4 FY2025-26 and ₹110.31 crore in Q3 FY2025-26. Finance costs increased to ₹13.34 crore in Q1 FY2026-27 from ₹7.68 crore in Q3 FY2025-26, with a notable jump to ₹48.26 crore in Q4 FY2025-26. Tax expenses followed a similar trend, with ₹35.13 crore in Q1 FY2026-27, compared to ₹99.57 crore in Q4 FY2025-26 and ₹28.03 crore in Q3 FY2025-26. Investors may want to monitor the company's ability to translate revenue growth into consistent profitability and manage its finance costs.

- Revenue from operations was ₹1,588.62 crore in Q1 FY2026-27.
- Profit for the period was ₹105.69 crore in Q1 FY2026-27.
- Profit Before Exceptional Items and Tax was ₹140.82 crore in Q1 FY2026-27.
- Finance costs were ₹13.34 crore in Q1 FY2026-27.
- Tax expense was ₹35.13 crore in Q1 FY2026-27.

### Bull Case

Syrma SGS Technology's stock has demonstrated significant outperformance compared to the broader market, with a year-to-date return of 124.65% as of September 17, 2026, contrasting with a decline of 5.25% for the Nifty 500 over the same period. Technical indicators suggest a bullish trend across multiple timeframes, including daily, weekly, and monthly views, with the Supertrend indicator signaling bullish conditions. The stock's price is trading above its 20-day and 50-day Exponential Moving Averages (EMAs) and Simple Moving Averages (SMAs) on a daily basis, with positive slopes indicating upward momentum. This technical strength is complemented by recent market events, such as the SEMICON India 2026 conference, which has generally lifted Electronic Manufacturing Services (EMS) stocks.

- Syrma SGS stock's year-to-date return was 124.65% as of September 17, 2026, significantly outpacing the Nifty 500's decline of 5.25% over the same period.
- Technical indicators show a bullish trend on daily, weekly, and monthly timeframes, with the Supertrend indicator in a bullish direction.
- The stock price is trading above its 20-day and 50-day EMAs and SMAs on a daily basis, with positive slopes observed in these averages.
- The company's stock experienced a 7% surge, attributed in part to positive sentiment surrounding EMS stocks following the SEMICON India 2026 event.

- SEMICON India 2026 Day 2 live updates: India need not build entire chip supply chain domestically, says Vikram Misri | Mint
- Waaree, Netweb, Tata Power, Sterlite Tech among 42 stocks in Goldman Sachs’ India AI Enablers portfolio
- Tata group stocks rise after Chandrasekaran reappointment
- Syrma SGS shares surge 7% as SEMICON India 2026 lifts EMS stocks
- Nifty closes above 23,250 as selective buying offsets rate hike concerns

### Bear Case

While recent performance has shown significant gains, with a year-to-date return of 124.65% compared to the Nifty 500's decline of 5.25%, the company's technical indicators suggest potential volatility. The monthly trend analysis shows a high Average Directional Index (ADX) of 63.44, indicating strong momentum but also potential for sharp price movements. Furthermore, the company is trading near its nearest resistance levels, with the closest resistance identified at ₹1654.8, which is 2.29% above the current price. The maximum drawdown observed historically stands at -34%, and the annualized volatility is 48%, underscoring the inherent price fluctuations associated with the stock.

- The stock's year-to-date return as of 2026-09-17 was 124.65%, significantly outperforming the Nifty 500's -5.25% return over the same period.
- Monthly trend analysis shows a high ADX of 63.44, suggesting strong trending conditions but also potential for increased volatility.
- The nearest resistance level is observed at ₹1654.8, approximately 2.29% above the current trading price.
- The stock has experienced a maximum drawdown of -34% and exhibits an annualized volatility of 48%.

- SEMICON India 2026 Day 2 live updates: India need not build entire chip supply chain domestically, says Vikram Misri | Mint
- Waaree, Netweb, Tata Power, Sterlite Tech among 42 stocks in Goldman Sachs’ India AI Enablers portfolio
- Tata group stocks rise after Chandrasekaran reappointment
- Syrma SGS shares surge 7% as SEMICON India 2026 lifts EMS stocks
- Nifty closes above 23,250 as selective buying offsets rate hike concerns

### FAQs

**How has Syrma SGS Technology's stock performed recently, and how does this compare to the broader market?**

Syrma SGS Technology's stock has shown strong performance, with a year-to-date return of 124.65% as of the latest report. This significantly outpaces the Nifty 500, which has declined by 5.25% over the same period. The stock price was ₹1617.7 on 2026-09-17.

**What recent operational developments has Syrma SGS Technology announced?**

Syrma SGS Technology, along with its joint venture partner Elemaster S.P.A, inaugurated a new 20,000 sq. ft. high-reliability electronics manufacturing facility in Bengaluru's Bommasandra Industrial Area on September 2, 2026. This facility, operated by their subsidiary Syrma SGS Elemaster Private Limited, is designed for sectors including railways, industrial electronics, energy, and medical devices. Additionally, the name of the joint venture company, Syrma SGS Design and Manufacturing Private Limited, was officially changed to Syrma SGS Elemaster Private Limited, effective September 9, 2026.

**What is the current technical outlook for Syrma SGS Technology's stock?**

The stock is exhibiting a bullish trend on daily, weekly, and monthly timeframes, according to technical indicators. On the daily chart, the closing price of ₹1617.7 on 2026-09-17 is above the 20-day Exponential Moving Average (EMA) of ₹1523.57 and the 50-day EMA of ₹1447.55. The Supertrend indicator is also showing a bullish direction. Weekly and monthly trends also indicate bullish momentum, with the Supertrend direction being bullish on both timeframes.

**What investor engagement activities has Syrma SGS Technology undertaken recently?**

Syrma SGS Technology announced a schedule for analyst and institutional investor meetings to be held across multiple US locations from September 8, 2026, through September 16, 2026. The company also participated in a non-deal roadshow with Axis Capital in the USA during the same period, focusing on general business outlooks and publicly available information.

- SEMICON India 2026 Day 2 live updates: India need not build entire chip supply chain domestically, says Vikram Misri | Mint
- Waaree, Netweb, Tata Power, Sterlite Tech among 42 stocks in Goldman Sachs’ India AI Enablers portfolio
- Tata group stocks rise after Chandrasekaran reappointment
- Syrma SGS shares surge 7% as SEMICON India 2026 lifts EMS stocks
- Nifty closes above 23,250 as selective buying offsets rate hike concerns
- Intimation under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( Listing Regulations ) - Update on change of name of Syrma SGS Design and Manufacturing Private Limited ( JVCo ) in terms of Joint Venture Agreement between Syrma SGS Technology Limited ( Company ), and Elemaster S.P.A Tecnologie Elettroniche ( Elemaster ). |SUBJECT: General Updates
- Syrma SGS Technology Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Syrma Sgs Technology Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Syrma Sgs Technology Limited has informed the Exchange regarding a press release dated September 02, 2026, titled "Syrma SGS Elemaster Inaugurates State-of-the-Art High-Reliability Electronics Manufacturing Facility in Bengaluru". |SUBJECT: Press Release
- Voting Results of the Remote e-voting of the 22nd Annual General Meeting of the Company held on Tuesday, August 25, 2026 |SUBJECT: Shareholders meeting
## Technical analytics

- As of: 2026-09-18
- Daily trend: Strong Uptrend
- Weekly trend: Moderate Uptrend
- Pivot point: ₹1,596.4
- Risk regime: Higher Price Risk

### Support levels
- 1415.7
- 1341.6
- 1257

### Resistance levels
- 1740.8999999999999
- 1823.7999999999997

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +6.87% |
| return_10 | +19.00% |
| return_1m | +15.25% |
| return_1y | +112.96% |
| return_20 | +19.75% |
| return_3m | +28.37% |
| return_5 | +8.14% |
| return_6m | +120.40% |
| return_since_start | +176.62% |
| return_ytd | +140.33% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -34.07% |
| annualized_volatility | +48.62% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Sharp Year-over-Year Revenue and Profit Growth, with Sequential Decline from Prior Quarter Peak

Syrma SGS Technology Ltd. reported results for the first quarter of the fiscal year ending 30 June 2026. Revenue rose significantly compared to the same period last year, while profitability expanded at a faster rate. The current quarter's figures show a sharp sequential drop from the preceding quarter's peak, returning to levels consistent with earlier periods in the fiscal year.

## Revenue: Year-over-Year Expansion and Sequential Adjustment

Revenue from operations for the quarter ended 30 June 2026 reached ₹1,588.62 crore. This represents a 68.29% increase from ₹943.98 crore in the first quarter of the prior fiscal year. 

On a sequential basis, revenue declined by 67.03% from ₹4,819.06 crore in the quarter ended 31 March 2026. The current quarter's revenue remains well above the levels reported in the second and third quarters of the current fiscal year, but marks a clear step down from the prior quarter's peak.

## Profitability: Margin Expansion and Bottom-Line Growth

Profit before exceptional items and tax grew by 109.72% year-over-year to ₹140.82 crore, up from ₹67.15 crore in the prior year's first quarter. Net profit increased by 111.72% to ₹105.69 crore, compared to ₹49.92 crore previously. 

Because profit growth outpaced revenue growth, profit margins expanded. The net profit margin rose to 6.65% from 5.29%, and the pre-tax profit margin increased to 8.86% from 7.11%. Tax expense was ₹35.13 crore, maintaining an effective tax rate near 25%. There were no exceptional items in the current quarter, whereas the prior year's fourth quarter included a negative exceptional item of ₹4.57 crore.

## Operating Expenses and Finance Costs

Other expenses increased by 58.34% year-over-year to ₹152.50 crore, rising at a slower rate than revenue. Finance costs decreased by 10.68% year-over-year to ₹13.34 crore. Employee benefit expenses for the quarter totaled ₹75.29 crore.

## Equity Base and Earnings Per Share

Paid-up equity share capital increased by 8.18% year-over-year to ₹192.61 crore, up from ₹178.05 crore in the first quarter of the prior fiscal year. Basic earnings per share rose by 86.02% to ₹5.19, reflecting the higher net profit alongside the modestly larger share count.

## Key Takeaway

Syrma SGS Technology's first quarter results show a marked increase in revenue and profit compared to the prior year, accompanied by wider profit margins. The current quarter's sequential decline from a peak in the preceding quarter brings activity back to levels seen earlier in the fiscal year.

### Ratios

## Official filings

- 2026-09-10 — Generic Announcement: Syrma SGS Technology Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SYRMASGS_10092026202257_ElemasterJVNamechange.pdf)
- 2026-09-06 — Generic Announcement: Syrma SGS Technology Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_20274_WebXMLFile_20260906_121004527.xml)
- 2026-09-03 — Generic Announcement: Syrma SGS Technology Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SYRMASGS_03092026164758_InvestorMeetIntimation03092026.pdf)
- 2026-09-02 — Press Release: Syrma SGS Technology Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SYRMASGS_02092026141525_SEDisclElemaster.pdf)
- 2026-08-26 — Generic Announcement: Syrma SGS Technology Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SYRMASGS_26082026152101_SyrmaReg44Evotingdisclosure.pdf)
- 2026-08-25 — Generic Announcement: Syrma SGS Technology Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SYRMASGS_25082026184850_1outcomeAGM.pdf)
- 2026-08-18 — Generic Announcement: Syrma SGS Technology Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_20274_WebXMLFile_20260818_221044442.xml)
- 2026-08-18 — Generic Announcement: Syrma SGS Technology Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SYRMASGS_18082026221834_SyrmaReg30DisclIncorpofSKEPLSigned.pdf)
- 2026-08-14 — Generic Announcement: Syrma SGS Technology Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_20274_WebXMLFile_20260814_205954276.xml)
- 2026-08-14 — Generic Announcement: Syrma SGS Technology Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SYRMASGS_14082026210925_InvestorMeetIntimation14082026Signed.pdf)
- 2026-08-04 — Official Filing: Syrma SGS Technology Limited has disclosed the transcripts of its earnings call held on July 30, 2026. The transcripts were uploaded to the company's website on August 4, 2026, at 16:40:00. Prior intimation of this call was provided to the exchange on July 24, 2026.
- 2026-08-04 — Generic Announcement: Syrma SGS Technology Limited held an investor conference call on July 30, 2026, to discuss unaudited financial results for the quarter ended June 30, 2026. The company reported a consolidated total revenue of Rs. 1,604 crores, a 67% year-on-year growth, with operating EBITDA increasing by 69% to Rs. 162 crores and PAT growing by 112% to Rs. 106 crores. Key growth drivers included a 61% increase in exports and a 100% rise in ODM sales, reaching Rs. 270 crores. The company is strategically increasing inventory levels to mitigate supply chain constraints and has an order book visibility of Rs. 6,770 crores as of June end. A new JV with Japanese MNC Kaga is established to manufacture EMS requirements in India, with an initial investment of Rs. 24-25 crores. — [Official attachment](https://nsearchives.nseindia.com/corporate/SYRMASGS_04082026173046_EarningsCallTranscriptReg30June3026Signed.pdf)
- 2026-08-04 — Generic Announcement: Syrma SGS Technology Limited has published a newspaper advertisement on August 4, 2026, regarding the dispatch of the Notice for its 22nd Annual General Meeting. The AGM is scheduled for Tuesday, August 25, 2026, at 4:00 p.m. IST, to be held via Video Conference and Other Audio-Visual Means. The company is also providing details on its e-voting facility for shareholders. — [Official attachment](https://nsearchives.nseindia.com/corporate/SYRMASGS_04082026135700_Newspaperpublicnotice04082026Signed.pdf)
- 2026-08-03 — Generic Announcement: Syrma SGS Technology Limited will hold its 22nd Annual General Meeting on August 25, 2026, via Video Conferencing. The company has set August 18, 2026, as the record date for determining eligibility for a final dividend of ₹1.50 per equity share for FY 2026. The Annual Report for FY 2025-26 and the AGM Notice were sent electronically on August 03, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/SYRMASGS_03082026140659_Intimationof22ndAGMSyrmaSGS.pdf)
- 2026-08-03 — Generic Announcement: Syrma SGS Technology Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26 to the National Stock Exchange of India Limited and BSE Limited on August 3, 2026. This report, which is also part of the company's Annual Report 2025-26, details the company's performance and initiatives related to environmental, social, and governance (ESG) factors. The report covers areas such as business activities, operations, employee details, holding/subsidiary companies, CSR activities, and compliance with responsible business conduct principles. — [Official attachment](https://nsearchives.nseindia.com/corporate/SYRMASGS_03082026160937_BRSRSyrmacovering2026.pdf)
- 2026-08-03 — Generic Announcement: Syrma SGS Technology Limited will hold its 22nd Annual General Meeting on August 25, 2026, at 4:00 PM IST via Video Conference and Other Audio-Visual Means. Shareholders can participate and vote electronically. The company has set August 18, 2026, as the record date for determining eligibility for the final dividend recommended for the financial year ended March 31, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/SYRMASGS_03082026163505_04NewspaperpublicnoticeSigned.pdf)
- 2026-08-03 — Generic Announcement: Syrma SGS Technology Limited will hold its 22nd Annual General Meeting on August 25, 2026, via Video Conferencing. The company has set August 18, 2026, as the record date for determining eligibility for a final dividend of ₹1.50 per equity share for FY 2026. The Annual Report for FY 2025-26 and the AGM Notice were sent electronically on August 03, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/SYRMASGS_03082026153828_Intimationof22ndAGMSyrmaSGS.pdf)
- 2026-07-30 — Generic Announcement: Syrma SGS Technology Limited announced its unaudited financial results for the quarter ended June 30, 2026. Total income from operations was Rs. 14,555.05 million standalone and Rs. 16,036.82 million consolidated. Net profit after tax was Rs. 940.64 million standalone and Rs. 1,056.92 million consolidated. — [Official attachment](https://nsearchives.nseindia.com/corporate/SYRMASGS_30072026163919_Reg47NewspaperFinancialsresultSigned.pdf)
- 2026-07-30 — Generic Announcement: Syrma SGS Technology Limited has submitted the final monitoring agency report for the quarter ended June 30, 2026, prepared by Crisil Ratings Limited. The report confirms that the utilization of IPO proceeds was in line with the disclosed objects, with no deviation observed. The total net proceeds of Rs 7,257.22 million were allocated to capital expenditure for R&D and facility expansion (Rs 4,030.00 million), working capital requirements (Rs 1,315.13 million), and general corporate purposes (Rs 1,911.42 million). As of June 30, 2026, Rs 6,813.50 million had been utilized, with Rs 443.72 million remaining unutilized, which the company states is nil as the entire proceeds have been fully utilized. — [Official attachment](https://nsearchives.nseindia.com/corporate/SYRMASGS_30072026164329_MonitoringagencyreportIPOJune302026Signed.pdf)
- 2026-07-30 — Generic Announcement: Syrma SGS Technology Limited has uploaded the audio recording of a conference call held on July 30, 2026, to discuss the company's unaudited financial results for the quarter ended June 30, 2026. The recording is available on the company's website at syrmasgs.com/investor-relations/wp-content/uploads/2026/07/10045696.mp3. — [Official attachment](https://nsearchives.nseindia.com/corporate/SYRMASGS_30072026190057_InvestorCallOutcomeRecordingSigned.pdf)
- 2026-07-30 — Official Filing: Syrma SGS Technology Limited has disclosed an audio recording of an earnings call held on July 30, 2026. The call concluded at 11:54:00 on the same date. The audio recording was uploaded to the company's website on July 30, 2026, at 16:52:00 and is available via a provided weblink.
- 2026-07-29 — Earnings Presentation: Syrma SGS Technology Limited has released its unaudited financial results for the quarter ended June 30, 2026. The company reported an 110% year-over-year increase in Profit Before Tax (PBT) and a 112% year-over-year increase in Profit After Tax (PAT). Operating EBITDA grew by 69% year-over-year to ₹1,616 million, with a margin of 10.2%. Revenue from operations increased by 67% year-over-year to ₹16,037 million, with export revenue also growing by 67% and contributing 24% of operating revenue. — [Official attachment](https://nsearchives.nseindia.com/corporate/SYRMASGS_29072026161300_InvestorPresentationQ1FY27SyrmaSigned.pdf)
- 2026-07-29 — Press Release: Syrma SGS Technology Limited reported unaudited financial results for the quarter ended June 30, 2026, with total revenue of ₹16,037 million, up 67.1% year-on-year. EBITDA was ₹1,766 million, a 72.0% increase, and Profit After Tax (PAT) was ₹1,057 million, an 111.8% increase year-on-year. The company also announced a strategic joint venture with KAGA Electronics Co., Ltd. and the appointment of Jaidit Singh Brar as CEO, effective June 26, 2026. India Ratings & Research upgraded Syrma SGS's long-term credit rating to IND AA/Stable. — [Official attachment](https://nsearchives.nseindia.com/corporate/SYRMASGS_29072026164710_PressRelease29072026Signed.pdf)
- 2026-07-29 — Generic Announcement: The Board of Directors of Syrma SGS Technology Limited approved the unaudited financial results for the quarter ended June 30, 2026. They also approved the re-appointment of Mr. Sandeep Tandon as Executive Chairman for five years from October 1, 2026, and a fundraise of up to Rs. 1000 Crores via Qualified Institutional Placement or other modes. Additionally, M/s Umesh Sagta & Associates were appointed as Cost Auditors for FY 2026-27, and the 22nd Annual General Meeting is scheduled for August 25, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/SYRMASGS_29072026152519_OutcomeofBM29072026Signed.pdf)
- 2026-07-24 — Generic Announcement: Syrma SGS Technology Limited will host an investor earnings call on July 30, 2026, at 10:30 AM IST to discuss the unaudited financial results for the quarter ended June 30, 2026. The call will include a management discussion and a Q&A session with key executives including the Managing Director, CEO, and CFO. A transcript will be available on the company's investor relations website. — [Official attachment](https://nsearchives.nseindia.com/corporate/SYRMASGS_24072026182550_SyrmaSGSInvestorCallIntimationJune302026Signed.pdf)

## News and market events

- 2026-09-18 — Mint: **SEMICON India 2026 Day 2 live updates: India need not build entire chip supply chain domestically, says Vikram Misri | Mint** — SEMICON India 2026 Day 2 focuses on India’s shift from semiconductor policy announcements to commercial chip production and ecosystem development. ASML and industry leaders highlighted growing global confidence in India, with five semiconductor projects already in commercial production. — [Source](https://www.livemint.com/technology/semicon-india-2026-day-2-live-updates-india-shifts-focus-from-semiconductor-policy-to-commercial-production-11789709711171.html)
- 2026-09-18 — BUSINESSTODAY: **Waaree, Netweb, Tata Power, Sterlite Tech among 42 stocks in Goldman Sachs’ India AI Enablers portfolio** — Waaree Energies share price, Netweb share price, Tata Power share price, Sterlite Tech share price, Adani Enterprises share price, Kaynes Tech share price, Goldman Sachs, AI Enablers — [Source](https://www.businesstoday.in/markets/stocks/story/waaree-netweb-tata-power-sterlite-tech-among-42-stocks-in-goldman-sachs-india-ai-enablers-portfolio-556362-2026-09-18)
- 2026-09-17 — The Hindu: **Tata group stocks rise after Chandrasekaran reappointment** — Tata group shares rallied on Thursday as investors assessed the leadership decision, potential Tata Sons listing and an escalating legal dispute — [Source](https://www.thehindubusinessline.com/markets/tata-group-stocks-rise-after-chandrasekaran-reappointment/article71476588.ece)
- 2026-09-17 — The Hindu: **Syrma SGS shares surge 7% as SEMICON India 2026 lifts EMS stocks** — Syrma SGS stock’s year-to-date return stands at 124.65%, sharply outpacing the Nifty 500’s decline of 5.25% over the same period — [Source](https://www.thehindubusinessline.com/markets/stock-markets/syrma-sgs-shares-surge-7-as-semicon-india-2026-lifts-ems-stocks/article71476624.ece)
- 2026-09-17 — BUSINESS: **Nifty closes above 23,250 as selective buying offsets rate hike concerns** — The key equity benchmarks inched higher on Thursday, as investors assessed the US Federal Reserve's latest policy decision and its implications for global liquidity. The Fed raised its benchmark interest rate by 25 basis points to 3.75%-4%, its first hike since 2023. The central bank's projections also kept the possibility of another rate increase this year on the table, with the latest projections showing a range of views among policymakers. — [Source](https://www.business-standard.com/markets/capital-market-news/nifty-closes-above-23-250-as-selective-buying-offsets-rate-hike-concerns-126091700944_1.html)
- 2026-09-17 — BUSINESS: **Nifty settles above 23,250 mark;  broader mrkt outperforms** — The Feds indication of another rate hike in 2026 kept investors cautious, particularly across rate-sensitive and foreign-portfolio-investment-driven segments. However, selective buying in domestic sectors helped the Nifty settled above the 23,250 mark. Market participants are likely to track currency movements, US bond yields and foreign fund flows for further direction. — [Source](https://www.business-standard.com/markets/capital-market-news/nifty-settles-above-23-250-mark-broader-mrkt-outperforms-126091700802_1.html)
- 2026-09-17 — Mint: **Why Syrma SGS Technology share price is rising today? Explained** — Syrma SGS Technology share price opened at  ₹1,513.50 apiece on NSE today, as compared to previous close of  ₹1,511.20 on Wednesday and hit an intraday high of  ₹1,658 on 17 September. — [Source](https://www.livemint.com/market/stock-market-news/why-syrma-sgs-technology-share-price-is-rising-today-explained-11789635685953.html)
- 2026-09-17 — BUSINESS: **Sensex, Nifty trade in positive terrain; pharma shares snap 5-day losing streak** — The Feds indication of another rate hike in 2026 is likely to keep investors cautious, particularly in rate-sensitive and foreign-portfolio-investment-driven segments. However, buying interest in select domestic sectors provided some support, the Nifty hovered above the 23,250 mark. Market participants are likely to track currency movements, US bond yields and foreign fund flows for further direction. — [Source](https://www.business-standard.com/markets/capital-market-news/sensex-nifty-trade-in-positive-terrain-pharma-shares-snap-5-day-losing-streak-126091700646_1.html)
- 2026-09-17 — BUSINESS: **Chip stocks spark up as SEMICON India 2026 kicks off in New Delhi** — Semiconductor and electronics manufacturing stocks were in demand on Thursday, 17 September 2026, as SEMICON India 2026 got underway at Yashobhoomi in New Delhi. — [Source](https://www.business-standard.com/markets/capital-market-news/chip-stocks-spark-up-as-semicon-india-2026-kicks-off-in-new-delhi-126091700546_1.html)
- 2026-09-17 — BUSINESSTODAY: **SEMICON 2026: Syrma SGS, Dixon Tech, Kaynes Technology, Moschip Technologies shares rise up to 10%** — SEMICON 2026: Syrma SGS, Dixon Tech, Kaynes Technology, Moschip Technologies shares rise up to 10% — [Source](https://www.businesstoday.in/markets/stocks/story/semicon-2026-syrma-sgs-dixon-tech-kaynes-technology-moschip-technologies-shares-rise-556079-2026-09-17)
- 2026-09-17 — BUSINESS: **Syrma SGS Technology Ltd leads gainers in 'A' group** — Gujarat Narmada Valley Fertilizers & Chemicals Ltd, Yatharth Hospital & Trauma Care Services Ltd, Tega Industries Ltd and HBL Engineering Ltd are among the other gainers in the BSE's 'A' group today, 17 September 2026. — [Source](https://www.business-standard.com/markets/capital-market-news/syrma-sgs-technology-ltd-leads-gainers-in-a-group-126091700387_1.html)
- 2026-09-07 — CNBC-TV18: **Record High: Syrma SGS Technology shares extend gains for third-consecutive day, surge nearly 12% — Here's why** — Syrma SGS Technology shares gained nearly 12% to a new high. Its JV with Elemaster aims for $50-100M revenue in 3-5 years, focusing on high-reliability electronics. — [Source](https://www.cnbctv18.com/market/syrma-sgs-technology-share-price-record-high-2026-returns-elemaster-jv-returns-potential-implications-19985388.htm)
- 2026-09-04 — The Hindu: **Syrma SGS weighs semiconductor opportunity with caution** — Syrma SGS cautiously evaluates semiconductor opportunities, prioritizing credible partnerships and technology before capital investment, ensuring sustainable growth. — [Source](https://www.thehindubusinessline.com/companies/syrma-sgs-weighs-semiconductor-opportunity-with-caution/article71428703.ece)
- 2026-08-20 — BUSINESS: **Himadri Speciality Chemical Ltd leads losers in 'A' group** — Aster DM Quality Care Ltd, Syrma SGS Technology Ltd, V I P Industries Ltd and Chennai Petroleum Corporation Ltd are among the other losers in the BSE's 'A' group today, 20 August 2026. — [Source](https://www.business-standard.com/markets/capital-market-news/himadri-speciality-chemical-ltd-leads-losers-in-a-group-126082000691_1.html)
- 2026-08-10 — BUSINESSTODAY: **Syrma SGS, PG Electroplast and Dixon: ICICI Direct bets on three EMS stocks** — ICICI Direct EMS picks, Pankaj Pandey stocks, EMS stocks India, Sharma stock outlook, PG Electroplast outlook, Dixon Technologies outlook, electronic manufacturing services India, ODM space India, consumer durables stocks, festive season demand stocks, mobile manufacturing India, Vivo JV approval Dixon, ECMS scheme impact, midcap earnings India, smallcap earnings India, Q1 earnings winners, Indian manufacturing stocks, electronics sector stocks, Dalal Street stock picks, Business Today market news — [Source](https://www.businesstoday.in/markets/stocks/story/syrma-sgs-pg-electroplast-and-dixon-icici-direct-bets-on-three-ems-stocks-548335-2026-08-10)
- 2026-07-31 — Mint: **Raja Venkatraman recommends three stocks for 31 July** — Market expert Raja Venkatraman shares his top stock picks for 31 July. Here’s his technical outlook and trade strategy. — [Source](https://www.livemint.com/market/stock-market-news/raja-venkatraman-three-stocks-31-july-lt-foods-syrma-sgs-technology-rbl-bank-sensex-nifty-11785428363936.html)
- 2026-07-30 — MONEYCONTROL: **India's first telecom manufacturing zone in Gwalior to draw Rs 2,000-crore investment, generate 4,500 jobs: Scindia** — telecom, telecom manufacturing, VVDN, Dixon, Syrma SGS — [Source](https://www.moneycontrol.com/news/telecom/india-s-first-telecom-manufacturing-zone-in-gwalior-to-draw-rs-2-000-crore-investment-generate-4-500-jobs-scindia-13989246.html)
- 2026-07-30 — The Hindu: **Q1 Results Today Live: Gillette Q1 profit up 9.4% y-o-y, Bajaj Finance, M&M, Tata Steel, Vedanta, Torrent Pharma, Hyundai Motor, IRFC, Swiggy, NSDL to announce Q1 results** — Q1 Results Today, 30th July 2026 Live Updates: Stay tuned for more from businessline — [Source](https://www.thehindubusinessline.com/markets/q1-results-today-live-updates-bajaj-finance-mampm-tata-steel-swiggy-awl-agri-torrent-pharma-hyundai-motor-irfc-mankind-vedanta-gillette-mazagon-thermax-ajanta-nuvama-nsdl-niva-bupa-results-30-july-202/article71280963.ece)
- 2026-07-30 — CNBC-TV18: **Q1 Results LIVE Updates: Vardhman Textile profit grows by 50%; Gillette shares slip on earnings** — Q1 Results LIVE Updates: Bajaj Finance, M&M and Tata Steel are the three Nifty results for the day, along with broader market names like Hyundai Motor, Vedanta, Vedanta Aluminium, Swiggy, Mazagon Dock, Torrent Pharma, Thermax and many others. Eicher Motors, Dabur, three Vedanta demerged units, Bajaj Housing, Hexaware and many more also react to numbers. Watch this space for all the LIVE Q1 results updates. — [Source](https://www.cnbctv18.com/market/q1-results-live-updates-today-bajaj-finance-mm-tata-steel-eicher-dabur-mazagon-dock-swiggy-syngene-irfc-vedanta-aluminium-mtar-hyundai-lic-liveblog-19957385.htm)
- 2026-07-30 — CNBC-TV18: **Sensex Today | Stock Market LIVE Updates: Nifty back above 24,250; KPIT Tech shares decline over 7%** — Sensex Today | Stock Market LIVE Updates: Today is the monthly expiry of the Sensex contracts. 24,000 on the downside will be key for the Nifty, while the July 17 high of 24,367 will be the first hurdle to cross on the upside. The Nifty Bank has taken a backseat after the IT outperformance, but it remains to be seen whether IT could hold fort for another day today. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-today-expiry-infosys-it-eicher-dabur-vedanta-irfc-asian-paints-share-price-liveblog-19957305.htm)
- 2026-07-26 — Economic Times: **Ahead of Market: 10 things that will decide stock market action on Monday** — Indian equities extended losses for a fifth straight session, pressured by elevated oil prices and persistent FII outflows. Despite intraday recovery, sentiment remains weak amid rising US yields and global uncertainty. Analysts flag key technical levels for Nifty, while stock-specific action and broader market resilience remain in focus. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/ahead-of-market-10-things-that-will-decide-stock-market-action-on-monday/articleshow/132640467.cms)
- 2026-07-22 — Mint: **Stock market today: Gift Nifty hints a cautious start; eight day trading stocks to buy on Wednesday, 22 July** — The Indian stock market is expected to open cautiously on July 22, influenced by high crude oil prices and geopolitical tensions, despite positive global cues. Asian markets rise, but concerns over ongoing conflicts may keep domestic indices under pressure, following two consecutive lower sessions. — [Source](https://www.livemint.com/market/stock-market-today-gift-nifty-hints-a-cautious-start-eight-day-trading-stocks-to-buy-on-wednesday-22-july-11784684946505.html)
- 2026-07-16 — The Hindu: **Sensex today | Stock Market Live: Sensex gains 300 pts, Nifty trades above 24,100; geopolitical tensions cap gains** — Sensex, Nifty, Share Prices LIVE:  Indian benchmark indices opened higher on Thursday, supported by positive Wall Street cues, even as a sharp sell-off across Asian markets, elevated crude oil prices and escalating West Asia tensions kept investor sentiment cautious and limited gains. — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-16-july-2026/article71225304.ece)
- 2026-07-16 — Mint: **From Dixon Tech to Cyient DLM- why are electronics manufacturing services stocks rising? Explained** — Cyient DLM share price emerged as the top gainer, surged as much as 7.40% to  ₹578.35 per share. Dixon Technologies and PG Electroplast shares rose up to 5%. — [Source](https://www.livemint.com/market/stock-market-news/from-dixon-tech-to-cyient-dlm-why-are-electronics-manufacturing-services-stocks-rising-explained-11784181014782.html)

## Business profile

**Strategic vision:** Electronics design and manufacturing services provider for diverse industries.

### Business segments
- **PCBA Manufacturing:** Manufacturing infrastructure supporting up to 32-layer PCBAs for diverse industries and applications.
- **Box Build:** Supply of complete high-level assemblies, integrating PCBAs, enclosures, wire harnesses, testing, and custom packing.
- **Tester Development:** In-house design and fabrication of End-of-Line (EOL) and functional testers based on customer specifications.
- **Wire Harnesses:** Facilities capable of producing simple to complex cables with cutting, stripping, tinning, crimping, over-molding, and ultrasonic welding.
- **Injection Molding:** Capabilities with presses up to 450T for producing various plastic parts and enclosures.

### Competitive strengths
- Decades of electronics expertise
- Global network spanning more than 25 countries
- 12 state-of-the-art manufacturing facilities across India

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## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/syrma
Markdown representation: https://faxioms.com/stocks/syrma?render=md