Syrma SGS Technology's Q2 FY 2025-26 Quarterly Results

Result Summary

• Syrma SGS Technology Ltd reported a 20.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 37.0%.
• Its expenses for the quarter were up by 19.3% QoQ and 34.5% YoY.
• The net profit increased 32.9% QoQ and increased 67.3% YoY.
• The earnings per share (EPS) of Syrma SGS Technology Ltd stood at 3.43 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Syrma SGS Technology Ltd is a prominent player in the electronics manufacturing services (EMS) sector, primarily focusing on providing a wide array of technology-driven solutions. The company is involved in the design and manufacturing of custom electronics for various industries, including consumer electronics, automotive, healthcare, and industrial applications. Syrma SGS Technology is known for producing products such as printed circuit boards (PCBs), radio frequency identification (RFID) products, and other precision-engineered electronic components. While specific recent developments are not available in this dataset, the company operates in a rapidly evolving industry characterized by technological advancements and increasing demand for sophisticated electronic products.

Revenue

In Q2FY26, Syrma SGS Technology Ltd reported a total income of ₹1154.63 crores, reflecting a robust quarter-over-quarter (QoQ) growth of 20.3% compared to ₹960.02 crores in Q1FY26. This also marks a significant year-over-year (YoY) increase of 37.0% from ₹842.78 crores in Q2FY25. The substantial increase in revenue is indicative of the company's strong performance over the quarters and the year. The upward trend in total income underscores the company's ability to generate higher sales and potentially capture a larger market share in its operating segments.

Profitability

For the quarter ending in Q2FY26, Syrma SGS Technology Ltd's profit before tax stood at ₹89.50 crores, which represents a QoQ increase of 33.3% from ₹67.15 crores in Q1FY26 and a YoY increase of 76.6% from ₹50.68 crores in Q2FY25. The tax expense for Q2FY26 was reported at ₹23.16 crores, a rise of 34.4% QoQ from ₹17.23 crores and 109.8% YoY from ₹11.04 crores. Consequently, the profit after tax for Q2FY26 was ₹66.34 crores, marking a 32.9% QoQ growth from ₹49.92 crores and a 67.3% YoY growth from ₹39.65 crores. These figures highlight the company's enhanced profitability over the periods reviewed, supported by an increase in net earnings.

Operating Metrics

The earnings per share (EPS) for Syrma SGS Technology Ltd in Q2FY26 was ₹3.43, showing a QoQ increase of 22.9% from ₹2.79 in Q1FY26 and a YoY rise of 69.0% from ₹2.03 in Q2FY25. The positive trajectory in EPS reflects the company’s improved earnings capacity per share over both the quarter and the year. This growth in EPS is aligned with the company's overall financial performance improvements. Total expenses for Q2FY26 were ₹1065.13 crores, which signifies a 19.3% increase from the previous quarter (₹892.87 crores) and a 34.5% increase from the corresponding quarter last year (₹792.09 crores). The increase in expenses can be indicative of the company's expansion activities or investments in scaling operations to meet growing demand.