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 SGS Technology Limited 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 43.558563
debtToEquity 11.483000
earningsGrowth 0.690000
revenueGrowth 0.376000
grossMargins 0.242310
operatingMargins 0.081500
trailingEps 11.260000
forwardEps 12.980000

Syrma SGS Technology Limited's current ratio of 1.801 highlights the company's solid liquidity, indicating that it can easily service its short-term debt. Syrma SGS Technology Limited's ample cash reserves and current assets ensure that the company is well-positioned to meet its immediate financial liabilities.
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 that the company is expected to expand its business. The company's increasing profits and sales reflect strong financial health, suggesting continued growth and success in the coming periods.
SYRMA's forward EPS is higher than its trailing EPS, suggesting the company is expected to see an increase in profitability this year. This points to positive growth, indicating that SYRMA is projected to improve its financial performance compared to the previous year.

Price projections:

Price projections for SYRMA
Price projections for SYRMA

The steady upward revision of SYRMA's price projections indicates growing confidence in the company's future. Analysts are increasingly optimistic about SYRMA's potential to deliver strong results and increased market value.

Recommendation changes over time:

Recommendations trend for SYRMA
Recommendations trend for SYRMA


Analysts are favoring SYRMA with a buy bias, highlighting the stock's potential as a solid investment. This recommendation might drive more investors to consider SYRMA as a secure and profitable option for their money, contributing to a broader positive sentiment in the market.