Syrma SGS Technology logo

Syrma SGS Technology share price

NSE: SYRMABSE: 543573Industrial ManufacturingSmall Cap

Last close ₹1,433.10down ₹62.60 (4.19%)BSE ₹1,434.45

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,495.70.

52-week range of traded prices to 23 Oct 2026
₹634.50Low, 21 Jan 2026₹1,822.60High, 1 Oct 2026
Market cap
₹27,692 Cr370th largest listed
P/E
74.7
P/B
9.7
Dividend yield
0.10%
ROE
16.1%
ROCE
15.3%
Debt to equity
0.12
Volume, NSE
12,96,79140.0% delivered

Share price

Daily closes since Aug 2022, adjusted for splits and bonuses

+86.4%over a year

Results20-session average 12,53,122 shares a day, 34.4% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 29 Jul

Revenue
₹1,589 Crup 8.44%
Net profit
₹106 Crdown 11.36%
Net margin
6.7%

Revenue by year

Peak revenue ₹4,819 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Filed 28 OctDec 2024Filed 28 JanMar 2025Filed 25 JunJun 2025Filed 23 JulSep 2025Filed 10 NovDec 2025Filed 29 JanMar 2026Filed 23 MayJun 2026Filed 29 Jul
Revenue8338699249441,1461,2641,4651,589
Net profit4053715066110119106
Net margin4.8%6.1%7.7%5.3%5.8%8.7%8.1%6.7%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, Electronics Manufacturing Services, which carries all its revenue.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 52% of 672 trading days over the last 3 years.

LowestHighest
Its median74.2Industry median27.7
Price to book

At or below today's level on 94% of 916 trading days since Nov 2022.

LowestHighest
Its median5.5Industry median2.8
EV to EBITDA45.5

At or below today's level on 61% of 691 trading days over the last 3 years.

LowestHighest
Its median42.7Industry median18.0
Dividend yield

At or below today's level on 30% of 1,013 trading days since Sep 2022.

LowestHighest
Its median0.20%Industry median0.44%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+68.3%+77.4%−5.2%0.2%
3 years+43.6%––0.3%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E over 3 years are left empty: the earnings per share stated for one end does not match that year's profit and share count, and no share count is on record to work it out.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters41.63%
  • Foreign institutions9.51%
  • Indian institutions14.44%
  • Governments0.01%
  • Individuals and others34.30%
  • Employee trusts0.11%
Holder
Tancom Electronics Private LimitedPromoter32.77%
Jasbir Singh GujralPromoter6.31%
KRISHNA KUMAR PANTResident individuals, over ₹2 lakh at face value6.21%
RANJEET SINGH LONIALResident individuals, over ₹2 lakh at face value6.04%
SANJIV NARAYANResident individuals, over ₹2 lakh at face value4.40%
TATA AIA LIFE INSURANCE COMPANY LIMITED A/C EMERGING OPPORTUNITIES FUNDInsurance companies2.63%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

101 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 52 of the 66 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.Mutual fund holdings

Bought for the first time
3
Bought again
2
Added
22
Cut
44
Held unchanged
30
Sold out
2
Fund
Axis Mutual Fund logoAxis Small Cap FundAxis Mutual Fund24,88,4731.45%₹443.7 Cr
Franklin Templeton Mutual Fund logoFranklin India Opportunities FundFranklin Templeton Mutual Fund23,93,0734.45%₹426.7 Cr
Franklin Templeton Mutual Fund logoFranklin India Multi Cap FundFranklin Templeton Mutual Fund13,76,7314.80%₹245.5 Cr
Franklin Templeton Mutual Fund logoFranklin India Small Cap FundFranklin Templeton Mutual Fund12,54,8311.57%₹223.7 Cr
Helios Mutual Fund logoHelios Flexi Cap FundHelios Mutual Fund12,16,3912.47%₹216.9 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal Small Cap FundMotilal Oswal Mutual Fund11,70,7922.52%₹208.7 Cr
Canara Robeco Mutual Fund logoCanara Robeco Small Cap FundCanara Robeco Mutual Fund7,42,4750.95%₹132.4 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal Multi Cap FundMotilal Oswal Mutual Fund6,16,5752.39%₹109.9 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal Focused FundMotilal Oswal Mutual Fund3,80,0313.67%₹67.8 Cr
Canara Robeco Mutual Fund logoCanara Robeco Manufacturing FundCanara Robeco Mutual Fund3,68,8943.87%₹65.8 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Industrial Products, 191 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Syrma SGS Technology in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
INDO-MIMINDOMIM54,373–––––––0.00%
Aditya Infotech logoAditya InfotechCPPLUS46,57497.424.865.6––25.5%32.7%0.04%
Honeywell Automation India logoHoneywell Automation IndiaHONAUT27,82450.56.237.7+6.6%+7.7%13.0%13.1%0.35%
Kaynes Technology India logoKaynes Technology IndiaKAYNES21,43062.04.535.3+34.9%+8.7%9.1%8.5%0.00%
Jyoti CNC Automation logoJyoti CNC AutomationJYOTICNC20,25963.010.139.2+17.4%−4.4%17.4%16.9%0.00%
LMW logoLMWLMW17,03883.15.656.7+19.4%+71.6%7.0%5.1%0.22%
LLOYDS ENGINEERING WORKS logoLLOYDS ENGINEERING WORKSLLOYDSENGG13,123–7.955.8–––11.8%0.30%
Tega Industries logoTega IndustriesTEGA12,948612.83.848.2+84.9%−89.4%0.9%2.3%0.12%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹1.50 a share, in 4 years, the latest the year to Mar 2026.
Ex-dateTypePer share
18 Aug 2026Final₹1.50
19 Sep 2025Final₹1.50
10 Sep 2024Final₹1.50
1 Sep 2023Final₹1.50
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Syrma SGS Technology share price by year

Each calendar year to 2025.Syrma SGS Technology share price history

YearClose at year endChangeHighest closeLowest close
2025733.15+24.2%903.10413.75
2024590.15−12.0%664.05379.55
2023671.00+138.9%676.80252.15
2022280.85–326.25254.15
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2022 is from its first session, 26 Aug 2022.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 20261,496.801,502.101,399.901,433.101,424.7712,96,79140.0%
22 Oct 20261,465.101,532.001,454.001,495.701,499.6512,27,75526.1%
21 Oct 20261,547.601,553.701,459.901,473.101,490.1315,27,22148.1%
19 Oct 20261,604.001,614.001,540.301,547.601,567.498,38,86244.0%
16 Oct 20261,687.301,706.701,590.101,604.601,641.079,81,63243.5%
15 Oct 20261,690.001,713.201,669.001,687.301,697.6110,24,44842.2%
14 Oct 20261,687.001,698.801,655.001,692.201,682.157,40,38246.1%
13 Oct 20261,744.801,746.901,685.801,694.001,697.457,16,00638.2%
12 Oct 20261,754.401,754.401,693.801,737.201,721.108,44,35331.2%
9 Oct 20261,683.001,734.001,675.801,719.901,710.669,80,25231.8%
Prices in ₹ per share as traded, not adjusted.

About Syrma SGS Technology

Syrma SGS Technology Limited is an Electronics System Design and Manufacturing company. It designs and builds the electronics that go inside its customers' products, working with global original equipment manufacturers. It has more than 350 active customers across five end-industries and serves more than 35 countries.

Its work runs from printed circuit board assembly and box build to RFID solutions, magnetic components such as transformers and chokes, sheet metal fabrication and tester development. Its RFID business makes custom-designed low, high and ultra high frequency tags, and it makes wire harnesses and injection-moulded components in-house. Its engineering arm, SyrmaETS, has more than 195 engineers, and the company has four R&D centres.

The company has 17 manufacturing facilities. These are in Chennai, Bawal, Manesar, Pune, Baddi, Bengaluru, Gurgaon and Jodhpur, with an R&D centre in Stuttgart, Germany and a sales office in Texas, USA.

It was incorporated in 2004. The company was formed from two businesses: Syrma Technology, founded in 2004, and SGS Tekniks, incorporated in 1990. They consolidated in 2021 and subsequently merged, and the company listed on the BSE and NSE in August 2022.

It has since acquired Johari MedTech Ltd and a 60% stake in Elcome, a naval and maritime electronics business founded in 1978. It also has a joint venture with an Italian manufacturer, Elemaster, at Bengaluru for industrial and rail electronics, and another with South Korean partner Shinyup for printed circuit boards at Naidupeta, Andhra Pradesh.

Legal name
Syrma SGS Technology Limited
NSE symbol
SYRMA
BSE code
543573
ISIN
INE0DYJ01015
Industry
Industrial Manufacturing
Listed
Aug 2022
Face value
₹10
CIN
L30007MH2004PLC148165
Corporate identity number, the registrar of companies' code for it