SSSyrma SGS Technology543573Electronics manufacturing services

Syrma SGS management said H1 FY27 performance gives confidence to upgrade FY27 revenue growth guidance to 40-45% from earlier 30-35%, implying ~7,000 crore revenue and eyeing $1 billion mark in FY28

By ScoutQuest · Mon 2 Nov 2026, 10:00 AM IST · 1 min read

Earlier FY27 revenue growth guidance

30-35 percent

Upgraded FY27 revenue growth guidance

40-45 percent

Implied FY27 revenue

7,000 crore rupees

FY28 revenue target

$1 billion

Margin profile this year

10 to 10.5 percent

Heard on business television between 10:00:11 - 10:03:11 IST.

• MD Jasbir Singh Gujral said H1 FY27 was super, giving confidence of growth higher than 35% guided earlier, possibly 40-45%.
• At 45% growth, revenue would be around 7,000 crore rupees this year, with confidence to cross $1 billion mark in FY28.
• Margins have dipped due to supply chain pressure and component/PCB shortages; customers reimburse cost push but without value add.
• Margins expected to stabilize between 10.5-11% long term, with 10-10.5% this year, though absolute guided numbers will be delivered.
• Margin recovery expected in 6-8 months as component shortages ease, helped by operating leverage and new PCB project starting commercial production in September next year.

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