Chennai, India – Syrma SGS Technology (BSE: SYRMA; 543573 | NSE: INE0DYJ01015), a leading player in India’s electronics manufacturing and design ecosystem, announced its financial results for the quarter ended on September 30th, 2026.
Commenting on the result and performance, Mr. Jasbir Singh Gujral, Managing Director of Syrma SGS Technology Ltd said: “The first half of FY27 reflects the continued strength of our execution, with Total Revenue up 71% and PAT nearly doubling. Further, the quarter just gone by marking a new milestone, where the Total Revenue reached ₹2,000 Cr, up 73% year-on-year, driven by Automotive, Industrials and strong 80% rise in exports. Through industry-wide component constraints, we met our customer commitments while bringing working capital back to 63 days and turning operating cash flow strongly positive for half year.
We continue to build on this momentum, backed by a strengthening customer pipeline: expanding our global footprint, scaling our niche, technology-intensive segments, and advancing our PCB project as the next pillar of growth for Syrma SGS.”
FINANCIAL PERFORMANCE FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2026
In ₹ Mn
| Consolidated | Q2 FY27 | Q1 FY27 | Q2 FY26 | YoY Change | H1 FY27 | H1 FY26 | YoY Change |
| Total Revenue | 19,995 | 16,037 | 11,546 | 73.2% | 36,032 | 21,087 | 70.9% |
| EBITDA | 2,031 | 1,766 | 1,240 | 63.9% | 3,798 | 2,266 | 67.6% |
| EBITDA Margin | 10.2% | 11.0% | 10.7% | -58 bps | 10.5% | 10.7% | -21 bps |
| PAT | 1,242 | 1,057 | 663 | 87.2% | 2,299 | 1,163 | 97.7% |
| PAT Margin | 6.2% | 6.6% | 5.7% | +47 bps | 6.4% | 5.5% | +87 bps |
Key Strategic & Corporate update:
- Inauguration of the new Bengaluru facility of Syrma SGS Elemaster Private Limited, the Company’s joint venture with Elemaster S.P.A. Tecnologie Elettroniche, marking an important milestone in expanding its manufacturing capabilities and strengthening its presence in high-growth sectors.
- Syrma SGS Technology’s subsidiary, Syrma Johari MedTech, inaugurated a new medical plastics and precision molding facility in Jodhpur to strengthen its MedTech manufacturing capabilities and support global medical-device programmes.
