Syrma SGS Technology quarterly results

Q2 FY27 · Jul–Sep 2026

₹ crore	Q2 FY27	Q2 FY26	Change
Revenue	1,990	1,146	+73.6%
EBITDA	193	115	+67.7%
EBITDA margin	9.7%	10.1%	−0.3 pts
Profit before tax	165	89.5	+84.6%
Net profit	124	66.3	+87.2%
EPS	₹6.08	₹3.44	+76.7%

Every quarter

₹ crore except per share

Tap a line for its trend	Q2 FY27Sep 2026	Q1 FY27Jun 2026	Q4 FY26Mar 2026	Q3 FY26Dec 2025	Q2 FY26Sep 2025	Q1 FY26Jun 2025	Q4 FY25Mar 2025	Q3 FY25Dec 2024	Q2 FY25Sep 2024	Q1 FY25Jun 2024	Q4 FY24Mar 2024	Q3 FY24Dec 2023	Earlier quartersAlpha Plus

Expenses
	1,990	1,589	1,465	1,264	1,146	944	924	869	833	1,160	1,134	707	Earlier quartersEvery year the company has filed comes with Alpha Plus.
	9.9	15.1	11.8	10.3	8.7	16.0	22.3	22.3	10.0	15.3	15.6	12.1
	2,000	1,604	1,477	1,274	1,155	960	947	891	843	1,175	1,150	719
	1,407	1,401	1,047	899	873	725	554	643	647	1,006	944	584
	87.1	2.3	18.2	51.8	1.7	2.1	16.1	1.6	−1.3	1.2	1.5	7.6
	76.2	−204	20.3	−33.7	−1.7	−16.8	103	−7.5	−16.6	−21.2	−6.5	−44.1
	81.6	75.3	60.5	55.6	51.5	50.4	52.2	45.2	45.9	45.4	40.3	38.1
	15.3	13.3	13.0	7.7	12.6	14.9	15.6	15.4	13.6	13.0	12.3	10.0
	22.7	22.5	21.4	20.3	21.8	20.6	20.8	20.2	16.7	17.4	15.8	13.9
	145	153	145	132	106	96.3	91.6	108	86.4	84.0	80.8	82.6
	1,834	1,463	1,325	1,133	1,065	893	853	826	792	1,146	1,089	692
	193	162	174	159	115	86.6	107	79.1	71.0	44.6	73.7	38.8
	171	139	153	139	93.4	66.0	86.7	58.8	54.2	27.2	57.8	24.9
Profit
	165	141	152	142	89.5	67.1	93.4	65.7	50.7	29.5	61.2	27.0
	0.0	0.0	−1.2	−3.4	0.0	0.0	0.0	−2.1	0.0	0.0	0.0	0.0
	165	141	150	138	89.5	67.1	93.4	63.5	50.7	29.5	61.2	27.0
	40.9	31.0	32.5	28.4	23.5	18.3	26.3	9.4	11.7	9.4	14.5	3.5
	0.1	4.1	−1.4	−0.4	−0.3	−1.1	−4.4	1.1	−0.7	−0.3	1.5	3.2
	41.0	35.1	31.2	28.0	23.2	17.2	21.9	10.5	11.0	9.1	16.0	6.7
	124	106	119	110	66.3	49.9	71.5	53.0	39.6	20.3	45.2	20.3
	124	106	119	110	66.3	49.9	71.5	53.0	39.6	20.3	45.2	20.3
	−0.4	−0.7	3.4	0.4	1.8	0.6	−0.3	−1.3	0.8	−1.6	−0.0	0.1
	124	105	123	111	68.2	50.6	71.2	51.8	40.5	18.8	45.2	20.4
	—	—	—	—	—	—	—	48.8	36.2	19.3	34.9	15.5
	—	—	—	—	—	—	—	4.2	3.4	1.0	10.3	4.8
Per share
	₹6.08	₹5.19	₹5.29	₹5.33	₹3.44	₹2.79	₹3.67	₹2.74	₹2.04	₹1.09	₹1.97	₹0.88
	₹6.08	₹5.19	₹5.28	₹5.33	₹3.43	₹2.79	₹3.67	₹2.74	₹2.03	₹1.08	₹1.96	₹0.87
Other comprehensive income — detail
	−0.4	−0.7	3.4	0.4	1.8	0.6	−0.3	—	—	—	—	—
	—	—	—	—	—	—	—	—	—	−1.4	−0.0	−0.5
	−1.0	0.9	−1.1	−0.2	−0.3	0.8	−1.1	—	—	—	—	—
	—	—	—	—	—	—	—	—	—	−0.1	−0.0	0.5
	1.5	−0.2	−2.3	−0.2	−1.5	−1.4	1.4	—	—	—	—	—
	—	—	—	—	—	—	—	47.5	37.1	17.7	34.9	15.6
	—	—	—	—	—	—	—	4.2	3.4	1.1	10.3	4.8
Per share — as-filed variants
	₹6.08	₹5.19	₹5.29	₹5.33	₹3.44	₹2.79	₹3.67	₹2.74	₹2.04	₹1.09	₹1.97	₹0.88
	₹6.08	₹5.19	₹5.28	₹5.33	₹3.43	₹2.79	₹3.67	₹2.74	₹2.03	₹1.08	₹1.96	₹0.87
Derived — gross profit (revenue − materials − purchases − Δ inventories)
	419	389	379	347	273	233	251	232	203	174	195	159
	21.1%	24.5%	25.9%	27.4%	23.8%	24.7%	27.2%	26.7%	24.4%	15.0%	17.2%	22.6%
Adjusted (ex-exceptional items) — derived
	165	141	152	142	89.5	67.1	93.4	65.7	50.7	29.5	61.2	27.0
	0.0	0.0	−1.2	−3.4	0.0	0.0	0.0	−2.1	0.0	0.0	0.0	0.0
	124	106	120	113	66.3	49.9	71.5	54.8	39.6	20.3	45.2	20.3
	₹6.08	₹5.19	₹5.33	₹5.46	₹3.44	₹2.79	₹3.67	₹2.83	₹2.04	₹1.09	₹1.97	₹0.88

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

SYRMA₹1,669.00

Syrma SGS Technology Ltd.

· Capital Goods & Defence

Annual Quarterly₹ CrorePeersDIXON KAYNES AMBER TARIL SHYAMMETL TEGA TIMKEN TITAGARHMcap ₹32,149 Cr

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In ₹ Crore except Per Share 3 Months Ending	Q3 FY24 31/12/2023	Q4 FY24 31/03/2024	Q1 FY25 30/06/2024	Q2 FY25 30/09/2024	Q3 FY25 31/12/2024	Q4 FY25 31/03/2025	Q1 FY26 30/06/2025	Q2 FY26 30/09/2025	Q3 FY26 31/12/2025	Q4 FY26 31/03/2026	Q1 FY27 30/06/2026	Q2 FY27 30/09/2026
Revenue from Operations	706.7	1,134.1	1,159.9	832.7	869.2	924.4	944.0	1,145.9	1,264.2	1,465.0	1,588.6	1,989.7
Other Income	12.1	15.6	15.3	10.0	22.3	22.3	16.0	8.7	10.3	11.8	15.1	9.9
Total Income	718.8	1,149.7	1,175.2	842.8	891.5	946.6	960.0	1,154.6	1,274.5	1,476.8	1,603.7	1,999.5
Expenses
+ Cost of Materials Consumed	583.8	944.2	1,005.9	647.3	643.2	554.3	725.4	873.0	899.2	1,047.0	1,400.9	1,407.0
+ Purchases of Stock-in-Trade	7.6	1.5	1.2	-1.3	1.6	16.1	2.1	1.7	51.8	18.2	2.3	87.1
+ Changes in Inventories	-44.1	-6.5	-21.2	-16.6	-7.5	102.8	-16.8	-1.7	-33.7	20.3	-203.9	76.2
+ Employee Benefit Expense	38.1	40.3	45.4	45.9	45.2	52.2	50.4	51.5	55.6	60.5	75.3	81.6
+ Finance Costs	10.0	12.3	13.0	13.6	15.4	15.6	14.9	12.6	7.7	13.0	13.3	15.3
+ Depreciation & Amortisation	13.9	15.8	17.4	16.7	20.2	20.8	20.6	21.8	20.3	21.4	22.5	22.7
+ Other Expenses	82.6	80.8	84.0	86.4	107.6	91.6	96.3	106.1	131.8	144.8	152.5	144.5
Total Expenses	691.9	1,088.5	1,145.7	792.1	825.8	853.3	892.9	1,065.1	1,132.7	1,325.3	1,462.9	1,834.3
EBITDA	38.8	73.7	44.6	71.0	79.1	107.5	86.6	115.2	159.4	174.1	161.6	193.3
EBIT	24.9	57.8	27.2	54.2	58.8	86.7	66.0	93.4	139.1	152.8	139.1	170.6
Profit
PBT before Exceptional Items	27.0	61.2	29.5	50.7	65.7	93.4	67.1	89.5	141.7	151.6	140.8	165.2
+ Exceptional Items	0.0	0.0	0.0	0.0	-2.1	0.0	0.0	0.0	-3.4	-1.2	0.0	0.0
Pretax Income	27.0	61.2	29.5	50.7	63.5	93.4	67.1	89.5	138.3	150.4	140.8	165.2
+ Current Tax	3.5	14.5	9.4	11.7	9.4	26.3	18.3	23.5	28.4	32.5	31.0	40.9
+ Deferred Tax	3.2	1.5	-0.3	-0.7	1.1	-4.4	-1.1	-0.3	-0.4	-1.4	4.1	0.1
Tax Expense	6.7	16.0	9.1	11.0	10.5	21.9	17.2	23.2	28.0	31.2	35.1	41.0
Net Income	20.3	45.2	20.3	39.6	53.0	71.5	49.9	66.3	110.3	119.2	105.7	124.2
+ Net Income — Continuing Ops	20.3	45.2	20.3	39.6	53.0	71.5	49.9	66.3	110.3	119.2	105.7	124.2
+ Other Comprehensive Income	0.1	-0.0	-1.6	0.8	-1.3	-0.3	0.6	1.8	0.4	3.4	-0.7	-0.4
Total Comprehensive Income	20.4	45.2	18.8	40.5	51.8	71.2	50.6	68.2	110.7	122.6	105.0	123.8
Net Income to Common	15.5	34.9	19.3	36.2	48.8	—	—	—	—	—	—	—
Minority Interest	4.8	10.3	1.0	3.4	4.2	—	—	—	—	—	—	—
Per Share
Basic EPS	0.88	1.97	1.09	2.04	2.74	3.67	2.79	3.44	5.33	5.29	5.19	6.08
Diluted EPS	0.87	1.96	1.08	2.03	2.74	3.67	2.79	3.43	5.33	5.28	5.19	6.08
Other Comprehensive Income — detail
+ Other Comprehensive Income	—	—	—	—	—	-0.3	0.6	1.8	0.4	3.4	-0.7	-0.4
+ Items NOT to be Reclassified to P&L	-0.5	-0.0	-1.4	—	—	—	—	—	—	—	—	—
+ Tax on Items NOT to be Reclassified	—	—	—	—	—	-1.1	0.8	-0.3	-0.2	-1.1	0.9	-1.0
+ Items to be Reclassified to P&L	0.5	-0.0	-0.1	—	—	—	—	—	—	—	—	—
+ Tax on Items to be Reclassified	—	—	—	—	—	1.4	-1.4	-1.5	-0.2	-2.3	-0.2	1.5
Comprehensive Income — Owners of Parent	15.6	34.9	17.7	37.1	47.5	—	—	—	—	—	—	—
Comprehensive Income — Non-controlling Interests	4.8	10.3	1.1	3.4	4.2	—	—	—	—	—	—	—
Per Share — as-filed variants
Basic EPS — Continuing Operations	0.88	1.97	1.09	2.04	2.74	3.67	2.79	3.44	5.33	5.29	5.19	6.08
Diluted EPS — Continuing Operations	0.87	1.96	1.08	2.03	2.74	3.67	2.79	3.43	5.33	5.28	5.19	6.08
Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories)
Gross Profit	159.4	194.8	174.0	203.3	231.9	251.2	233.3	272.8	346.8	379.5	389.4	419.4
Gross Margin %	22.56	17.18	15.00	24.41	26.68	27.18	24.72	23.81	27.44	25.90	24.51	21.08
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	27.0	61.2	29.5	50.7	65.7	93.4	67.1	89.5	141.7	151.6	140.8	165.2
− Exceptional Items (reconciliation)	0.0	0.0	0.0	0.0	-2.1	0.0	0.0	0.0	-3.4	-1.2	0.0	0.0
Net Income Adj (tax-effected)	20.3	45.2	20.3	39.6	54.8	71.5	49.9	66.3	113.0	120.2	105.7	124.2
EPS Adj	0.88	1.97	1.09	2.04	2.83	3.67	2.79	3.44	5.46	5.33	5.19	6.08
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00
Paid Up Equity Capital	177.6	177.4	177.4	177.4	178.0	178.0	178.0	192.3	192.6	192.6	192.6	192.6

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: Q2 FY27 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Syrma SGS Technology Q2 FY27 results (July–September 2026)

Syrma SGS Technology (NSE: SYRMA) reported its Q2 FY27 results (July–September 2026). Consolidated net profit was ₹124 crore, up 87.2% from ₹66.3 crore in Q2 FY26 and up 17.5% from ₹106 crore in Q1 FY27. Revenue from operations was ₹1,990 crore, up 73.6% year on year and up 25.2% from the previous quarter.

Q3 FY27 results due by: 14 February 2027

Q2 FY27 at a glance · consolidated

Net profit: ₹124 Cr+87.2% vs Q2 FY26+17.5% vs Q1 FY27
Revenue from operations: ₹1,990 Cr+73.6% vs Q2 FY26+25.2% vs Q1 FY27
Operating margin (EBIT): 8.6%+0.4 pts vs Q2 FY26−0.2 pts vs Q1 FY27EBIT ₹171 Cr
EBITDA: ₹193 Cr+67.7% vs Q2 FY26+19.6% vs Q1 FY27margin 9.7%
Earnings per share (basic): ₹6.08+76.7% vs Q2 FY26+17.1% vs Q1 FY27
Net profit margin: 6.2%+0.5 pts vs Q2 FY26−0.4 pts vs Q1 FY27

Questions

What was Syrma SGS Technology's net profit in Q2 FY27?

Consolidated net profit was ₹124 crore, up 87.2% from ₹66.3 crore in Q2 FY26 and up 17.5% from ₹106 crore in Q1 FY27.

What was Syrma SGS Technology's revenue in Q2 FY27?

Revenue from operations was ₹1,990 crore, up 73.6% year on year and up 25.2% from the previous quarter.

What was Syrma SGS Technology's operating margin in Q2 FY27?

Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹171 crore, a margin of 8.6%, against 8.8% in Q1 FY27 and 8.1% in Q2 FY26. EBITDA was ₹193 crore, 9.7% of revenue.

How were Syrma SGS Technology's Q2 FY27 results?

Both grew from a year earlier: net profit was up 87.2% at ₹124 crore and revenue was up 73.6% at ₹1,990 crore. The operating margin was 8.6%, up 0.4 percentage points from 8.1% a year earlier. Against Q1 FY27, net profit was up 17.5% and revenue up 25.2%.

What was Syrma SGS Technology's net profit in the first half of FY27?

Consolidated net profit for the first half of FY27 (April–September 2026) was ₹230 crore, up 97.7% from ₹116 crore in the same months a year earlier. Revenue from operations was ₹3,578 crore, up 71.2%.

What is Syrma SGS Technology's net profit margin?

Syrma SGS Technology's net profit margin was 6.2% in Q2 FY27 (net profit as a share of revenue from operations), against 5.8% in Q2 FY26 (up 0.5 percentage points). For FY26 as a whole it was 7.2%.

What was Syrma SGS Technology's EPS in Q2 FY27?

Basic earnings per share were ₹6.08, against ₹3.44 in Q2 FY26.

What was Syrma SGS Technology's net profit in FY26?

Consolidated net profit was ₹346 crore in FY26 (April 2025–March 2026), up 87.5% from ₹184 crore in FY25. It was ₹107 crore in FY24 and ₹119 crore in FY23: up 189.8% over three years, 42.6% a year on average.

What was Syrma SGS Technology's revenue in FY26?

Revenue from operations was ₹4,819 crore in FY26 (April 2025–March 2026), up 27.3% from ₹3,787 crore in FY25. It was ₹3,154 crore in FY24 and ₹2,048 crore in FY23: up 135.3% over three years, 33.0% a year on average.

How has Syrma SGS Technology's profit changed over the last four quarters?

Net profit by quarter: ₹110 crore in Q3 FY26, ₹119 crore in Q4 FY26, ₹106 crore in Q1 FY27 and ₹124 crore in Q2 FY27. That is ₹459 crore over the four quarters, up 94.3% from ₹237 crore in the four quarters before. Revenue from operations: ₹1,264 crore, ₹1,465 crore, ₹1,589 crore and ₹1,990 crore.

When will Syrma SGS Technology announce its Q3 FY27 results?

Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.

Where do these Syrma SGS Technology figures come from?

From Syrma SGS Technology's own consolidated results filings to NSE, in ₹ crore as filed. Growth compares the same consolidated figures a year and a quarter earlier.

Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.