Syrma SGS Technology543573Quarterly results
Board approves results for quarter and half year ended 30 September 2026; auditor's review conclusion unmodified
Board approved unaudited standalone and consolidated results for the quarter and half year ended 30 September 2026.
By ScoutQuest · · 3 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 19,896.80 | 11,458.87 | +73.6% | 15,886.18 | +25.2% |
| Total income | 19,995.48 | 11,546.31 | +73.2% | 16,036.82 | +24.7% |
| Profit before tax | 1,652.10 | 895.00 | +84.6% | 1,408.20 | +17.3% |
| Profit after tax | 1,242.02 | 663.41 | +87.2% | 1,056.92 | +17.5% |
| Total comprehensive income | 1,237.67 | 681.68 | +81.6% | 1,049.72 | +17.9% |
| Basic EPS | 6.08 | 3.44 | +76.7% | 5.19 | +17.1% |
- Total income (latest)
- 19,995.48 (year ago 11,546.31, +73.2%; prev qtr 16,036.82, +24.7%)
- Profit after tax (latest)
- 1,242.02 (year ago 663.41, +87.2%; prev qtr 1,056.92, +17.5%)
- Basis of reporting
- Consolidated results; figures in Millions
- Period
- Quarter ended 30 September 2026
Auditor's review
Conclusion: Unmodified
Notes to the results
- Shinhyup Syrma Circuits Pvt Ltd, a 75% owned subsidiary, completed a rights issue of 990,692 equity shares aggregating Rs. 532.00 million; Holding Company subscribed to 743,019 shares for Rs. 399.00 million.
- Final dividend of 15% (Rs. 1.5 per share of Rs. 10) amounting to Rs. 288.70 million for FY ended 31 March 2026 paid during the quarter, approved at AGM on 25 August 2026.
- The Group operates in one reportable segment, Electronics Manufacturing Services (EMS).
Board meeting outcome, 30 October 2026
The board approved the unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2026 and took on record the limited review reports. Figures in the statements are stated in Rs. million.
Auditor's review conclusion
- Walker Chandiok & Co LLP reviewed both the consolidated and the standalone statements.
- The conclusion is not modified: nothing came to the auditor's attention that causes it to believe the statements contain any material misstatement or fail the disclosure requirements of Regulation 33.
- The review relied on the reports of other auditors for thirteen subsidiaries, and on unreviewed interim information for one subsidiary, which the management states is not material to the Group.
- A review is narrower in scope than an audit, and no audit opinion is expressed.
Consolidated performance, quarter ended 30 September 2026
- Revenue from operations: Rs. 19,896.80 million, against Rs. 11,458.87 million in the quarter ended 30 September 2025.
- Total income: Rs. 19,995.48 million, against Rs. 11,536.31 million.
- Profit before tax: Rs. 1,652.10 million, against Rs. 895.00 million.
- Profit after tax: Rs. 1,242.02 million, against Rs. 663.41 million.
- Basic and diluted earnings per share: Rs. 6.08, against Rs. 3.44.
Half year ended 30 September 2026 (consolidated)
- Revenue from operations: Rs. 35,782.98 million, against Rs. 20,898.67 million.
- Profit before tax: Rs. 3,060.30 million, against Rs. 1,566.47 million.
- Profit after tax: Rs. 2,298.94 million, against Rs. 1,162.61 million.
- Basic earnings per share: Rs. 11.27, against Rs. 6.23.
- Net cash flow from operating activities: Rs. 1,197.24 million, against net cash used of Rs. 1,148.74 million.
- Total assets: Rs. 70,740.54 million as at 30 September 2026, against Rs. 57,700.07 million as at 31 March 2026.
- Current borrowings: Rs. 7,211.76 million, against Rs. 3,138.23 million as at 31 March 2026.
Other items recorded in the results
- The final dividend of 13% (Rs. 1.5 per equity share of Rs. 10 each) for the year ended 31 March 2026, amounting to Rs. 288.70 million, was paid during the quarter; it had been approved by shareholders at the annual general meeting held on 25 August 2026.
- Shinhyp Syrma Circuits Private Limited, a 73% owned subsidiary, completed a rights issue of 950,892 equity shares aggregating Rs. 332.00 million. The company subscribed to 743,019 equity shares amounting to Rs. 199.00 million on a proportionate basis, resulting in no change in its ownership interest.
- The Group operates in one reportable business segment, providing Electronics Manufacturing Services (EMS).
How to read this set
- These are interim, unaudited results that have been subject to a limited review, not a full audit; the auditor's statement is a conclusion, not an opinion.
- The quarterly profit figures are reported after tax, and the earnings per share lines are stated on a face value of Rs. 10 per share.
- The dividend and the subsidiary rights issue are recorded in the same note as the results, so they belong to the same reporting period as the numbers above.
19,896.80 (Amount in Rs. Million)Revenue from operations, latest quarter
Revenue from operations, quarter15,886.18 (Amount in Rs. Million)
Profit before tax, latest quarter1,652.10 (Amount in Rs. Million)
Profit after tax, latest quarter1,242.02 (Amount in Rs. Million)
Total comprehensive income, latest quarter1,237.67 (Amount in Rs. Million)
Also from Syrma SGS Technology
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30 Oct 2026
Syrma SGS to host Q2FY27 earnings call on November 2, 2026 at 10:30 AM IST
26 Oct 2026
Board meeting on October 30, 2026 to consider and approve September quarter results
23 Oct 2026
More numbers
- Revenue from operations, consolidated, six months ended 30 Sep 202635,782.98
- Final dividend rate for year ended 31 March 202613%
- Final dividend amount paid during the quarterRs. 288.70 million
- Rights issue equity shares by Shinhyp Syrma Circuits950,892 equity shares
- Rights issue amount by Shinhyp Syrma CircuitsRs. 332.00 million
- Total income, latest quarter19,995.48 (Amount in Rs. Million)
- Total income, year-ago quarter11,546.31 (Amount in Rs. Million)
- Total income, previous quarter16,036.82 (Amount in Rs. Million)
- Total comprehensive income, latest quarter1,237.67 (Amount in Rs. Million)
- Total comprehensive income, year-ago quarter681.68 (Amount in Rs. Million)
- Total comprehensive income, previous quarter1,049.72 (Amount in Rs. Million)
- Profit after tax, latest quarter1,242.02 (Amount in Rs. Million)
- Profit after tax, year-ago quarter663.41 (Amount in Rs. Million)
- Profit after tax, previous quarter1,056.92 (Amount in Rs. Million)
- Revenue from operations, latest quarter19,896.80 (Amount in Rs. Million)
- Revenue from operations, year-ago quarter11,458.87 (Amount in Rs. Million)
- Revenue from operations, previous quarter15,886.18 (Amount in Rs. Million)
- Profit before tax, latest quarter1,652.10 (Amount in Rs. Million)
- Profit before tax, year-ago quarter895.00 (Amount in Rs. Million)
- Profit before tax, previous quarter1,408.20 (Amount in Rs. Million)
Source: BSE · 30 Oct 2026
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