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

With SYRMA's revenues expected to fall below the previous year's, investors are likely to approach the stock with caution. Declining revenues can negatively affect profitability, which makes it harder for the company to maintain investor confidence and perform well in the market.

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

SYRMA's current ratio of 1.801 highlights the company's ability to easily cover its short-term debt using its available cash and assets. This indicates a strong liquidity position, ensuring SYRMA is unlikely to face difficulties in meeting immediate financial obligations.
SYRMA's low Debt-to-Equity ratio highlights its minimal reliance on debt, showing that the company is not over-leveraged. This contributes to lower financial risk and greater stability, giving SYRMA a stronger position in managing its financial obligations.
With both earnings and revenue growth showing positive trends, SYRMA is expected to expand its business. This signals a healthy financial trajectory, suggesting that the company is positioned for continued growth and increasing profitability.
SYRMA's forward EPS being higher than its trailing EPS signals anticipated growth in profitability for the current financial year. This suggests that SYRMA is on track to improve its earnings, outpacing the previous year's performance and reflecting positive market expectations.

Price projections:

Price projections for SYRMA
Price projections for SYRMA

SYRMA's price projections have been revised upward over time, suggesting that analysts are becoming more confident in the company's future. This trend points to increased optimism about SYRMA's ability to grow.

Recommendation changes over time:

Recommendations trend for SYRMA
Recommendations trend for SYRMA


Analysts' recent buy bias toward SYRMA suggests the stock is gaining favor as a strong investment choice. This optimism could drive more investors to see SYRMA as a smart place to invest, further bolstering confidence in the company's long-term growth and potential returns.