Overall Fundamental outlook

Business Operations:

Sector: Technology
Industry: Electronic Components

Syrma SGS Technology Limited provides turnkey electronic manufacturing services in India, the United States, Germany, and internationally. The company offers product engineering services, that includes design and development, and verification and validation; phototype manufacturing and platform/ system integration; and original design and manufacturing services. Its product portfolio comprises printed circuit board assemblies; box build, electromechanical assembly, and full-systems integration services, that includes firmware, software loading, validation, testing, and commercial or custom packing, as well as offers products, such as scanning antenna, transceiver, transponder, disk drives, memory modules, power supplies / adapters, fiber optic assemblies, magnetic induction coils and RFID products, and other electronic products, as well as line tester development services. In addition, the company provides custom magnetic services, including brushless DC motor module for fan consists of brushless DC motor, driver circuit, and control system; electro-mechanicals; critical communication solutions; RFID tags and inlays; and magnetic products comprising custom magnetic chokes, magnetic inductors, and magnetic transformers. It serves automotive, consumer, industrial, healthcare, railways, and IT industries. Syrma SGS Technology Limited was founded in 1978 and is based in Chennai, India.

Revenue projections:

Revenue projections for SYRMA
Revenue projections for SYRMA

SYRMA is projected to see lower revenues than in the previous year, a trend that usually concerns investors. Declining revenues often harm a company's profitability, leading investors to exercise caution as they weigh the potential risks of continued financial downturns.

Financial Ratios:

currentRatio 1.801000
forwardPE 33.879257
debtToEquity 11.483000
earningsGrowth 0.690000
revenueGrowth 0.376000
grossMargins 0.242310
operatingMargins 0.081500
trailingEps 11.240000
forwardEps 19.638860

The current ratio for SYRMA is 1.801, indicating that the company can service its short-term debt using available cash and assets. This suggests SYRMA has strong liquidity, with more than enough resources to meet its immediate financial commitments.
SYRMA's low Debt-to-Equity ratio demonstrates that the company is not over-leveraged. This means it maintains a healthy balance between debt and equity, lowering financial risk and contributing to overall financial stability, which could attract risk-averse investors.
SYRMA's positive earnings and revenue growth signal the company's business is on track for further expansion. These strong financial trends suggest that SYRMA will continue to grow its operations, driven by increasing profits and revenue.
SYRMA's forward EPS exceeding its trailing EPS means the company is expected to be more profitable this year than last. This suggests an upward trend in earnings, with forecasts indicating that SYRMA's financial performance will improve in the current financial year.

Price projections:

Price projections for SYRMA
Price projections for SYRMA

Over time, SYRMA's price projections have been revised higher, signaling growing confidence in the company's future. This upward trend suggests analysts anticipate strong performance and increased market value for SYRMA.

Recommendation changes over time:

Recommendations trend for SYRMA
Recommendations trend for SYRMA


Analysts have shown a buy bias for SYRMA, signaling it as a strong investment choice. This positive outlook could motivate investors to allocate funds to SYRMA, seeing it as a reliable and potentially profitable option, especially in an environment where the stock market is highly scrutinized.