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

Revenues for Syrma SGS Technology Limited are expected to drop compared to the previous year, which could be a cause for concern for investors. A decline in earnings may negatively impact the company's profitability, leading cautious investors to reconsider their positions, as it often signals challenges in overall financial health.

Financial Ratios:

currentRatio 1.700000
forwardPE 50.297527
debtToEquity 13.045000
earningsGrowth 0.437000
revenueGrowth 0.584000
grossMargins 0.255750
operatingMargins 0.104270
trailingEps 16.950000
forwardEps 28.639580

SYRMA's current ratio of 1.7 means the company has enough liquidity to meet its short-term debt obligations. With sufficient cash reserves and current assets, SYRMA can comfortably cover its liabilities, reflecting a strong financial outlook.
SYRMA's forward PE being elevated could limit price appreciation and heighten the risk of a correction. Investors need to carefully assess this parameter in combination with other fundamentals to determine whether the stock is overvalued.
Syrma SGS Technology Limited's low Debt-to-Equity ratio reflects limited reliance on debt, signaling the company is not over-leveraged. This lower financial risk suggests that Syrma SGS Technology Limited has a strong capital structure, which can help sustain long-term stability and attract cautious investors.
Syrma SGS Technology Limited's positive growth in earnings and revenue suggests the company is on track to expand its business. These indicators highlight a healthy financial performance, with Syrma SGS Technology Limited expected to increase its market presence and profitability.
Syrma SGS Technology Limited's forward EPS is higher than its trailing EPS, which signals that the company is expected to achieve greater profitability this financial year. This suggests improved earnings performance, indicating a positive outlook for Syrma SGS Technology Limited's financial growth.

Price projections:

Price projections for SYRMA
Price projections for SYRMA

SYRMA's price projections have been revised higher over time, reflecting increased confidence in the company's future potential. This steady upward trend suggests analysts expect SYRMA to continue its positive trajectory.

SYRMA's stock has exceeded the higher end of expected projections, showcasing remarkable growth. However, with little room for further increases, the stock may face challenges in maintaining its elevated valuation.

Recommendation changes over time:

Recommendations trend for SYRMA
Recommendations trend for SYRMA


SYRMA has garnered a buy bias from analysts recently, suggesting the stock is a good investment opportunity. This may lead to increased investor interest, as SYRMA is seen as a reliable place to park money for those looking to benefit from potential market gains and company growth.