Syrma SGS Technology Limited (SYRMA)

Price533.65 -5.15 (-0.96%)52 Week High588.00
ISININE0DYJ0101552 Week Low248.10
IndustryElectronic Production EquipmentVolume421.4 T
SectorElectronic TechnologyP/E Ratio TTM69.02
Market Cap95.7 B1 Year Beta1.02
Technical Rating of

Syrma SGS Technology Limited (SYRMA) is an Indian electronics manufacturing services (EMS) company that provides a wide range of services to original equipment manufacturers (OEMs) in the automotive, industrial, and consumer electronics sectors. The company offers a one-stop solution for electronics manufacturing, including product design, prototyping, PCB assembly, box build, repair and rework, and automatic tester development. Syrma SGS also offers OEM solutions for RFID tags and inlays and high-frequency magnetic components.

SYRMA was founded in 1983 and is headquartered in Pune, India. The company has a global presence with operations in India, China, and the United States. Syrma SGS has a strong customer base of over 500 OEMs, including some of the world’s leading companies in the automotive, industrial, and consumer electronics sectors.

SYRMA is a well-established and respected player in the EMS industry. The company has a strong track record of innovation and customer service. Syrma is also well-positioned to capitalize on the growth of the global EMS market. The company has a strong financial position and a clear growth strategy.

In 2023, Syrma SGS went public on the Indian stock exchange. The IPO was well-received by investors and raised over ₹1,000 crore. The IPO proceeds will be used to fund Syrma’s growth initiatives, including expansion into new markets, acquisitions, and investments in research and development.

SYRMA is a good investment for investors looking for exposure to the growing EMS market. The company has a strong track record of innovation and customer service, a well-established customer base, and a clear growth strategy. Syrma is also well-positioned to benefit from the growth of the global EMS market.

Here are some of the key factors that make Syrma SGS a good investment:

  • Strong track record of innovation and customer service: Syrma has a long history of innovation and customer service. The company has a strong reputation for delivering high-quality products and services to its customers.
  • Well-established customer base: Syrma has a well-established customer base of over 500 OEMs, including some of the world’s leading companies in the automotive, industrial, and consumer electronics sectors.
  • Global presence: Syrma has a global presence with operations in India, China, and the United States. This gives the company access to a large and growing market.
  • Strong financial position: Syrma has a strong financial position with a net debt-to-equity ratio of less than 0.5. This gives the company the financial flexibility to pursue growth opportunities.
  • Clear growth strategy: Syrma has a clear growth strategy focused on expansion into new markets, acquisitions, and investments in research and development. This strategy is likely to drive growth in the coming years.

Overall, Syrma SGS is a good investment for investors looking for exposure to the growing EMS market. The company has a strong track record of innovation and customer service, a well-established customer base, a global presence, a strong financial position, and a clear growth strategy.

          

Syrma SGS Technology Limited (SYRMA) Chart

Technical Analysis of Syrma SGS Technology Limited (SYRMA)

Moving Averages

PeriodSimpleExponential
MA 5534.63534.14
MA 10538.72535.66
MA 20543.08530.64
MA 30519.07521.67
MA 50502.99501.44
MA 100445.27454.11
MA 200359.27391.67

Moving Average Rating

Technical Indicators

NameValueNameValue
Aroon Up (14)21.43Aroon Down (14)57.14
MACD Level (12, 26)9.95MACD Signal (12, 26)14.17
Relative Strength Index (7)49.07Relative Strength Index (14)52.94
Stochastic %D (14 3 3)32.46Stochastic %K (14 3 3)31.16
Stochastic RSI Fast (3, 3, 14, 14)14.82Stochastic RSI Slow (3, 3, 14, 14)15.95
Bollinger Upper Band (20)571.27Bollinger Lower Band (20)514.90
Keltner Channels Upper Band (20)581.33Keltner Channels Lower Band (20)479.95
Donchian Channels Upper Band (20)588.00Donchian Channels Lower Band (20)494.10
Ichimoku Conversion Line (9, 26, 52, 26)541.95Ichimoku Base Line (9, 26, 52, 26)519.00
Ichimoku Leading Span A (9, 26, 52, 26)477.97Ichimoku Leading Span B (9, 26, 52, 26)449.30
Positive Directional Indicator (14)27.86Negative Directional Indicator (14)19.78
Volume Weighted Average Price534.92Volume Weighted Moving Average 20546.06

Oscillator Rating

Oscillators

Awesome Oscillator22.34
Ultimate Oscillator (7,14,28)39.55
Money Flow (14)67.00
Chaikin Money Flow (20)-0.03
Commodity Channel Index (20)-58.82
Bull Bear Power0.98

High / Low

1 Month588.00479.00
3 Month588.00428.55
6 Month588.00252.30
52 Week588.00248.10
All Time588.00248.10

Volume

Volume421.4 T
Average 10 D669 T
Average 30 D918.2 T
Average 60 D934.6 T
Average 90 D1.1 M

Change/Volatility

Change-5.15 (-0.96%)
Change 1W-11.70 (-2.15%)
Change 1M-6.30 (-1.17%)
Volatility2.86
Volatility W3.94

Performance

Yesterday90.01
Weekly-0.24
Monthly11.19
3 Month19.12
6 Month99.79
Yearly77.88
5 Year105.25
All Time105.25

Misc.

Average Day Range (14)24.93
Average Directional Index (14)34.19
Average True Range (14)24.41
Williams Percent Range (14)-65.48
Rate Of Change (9)-5.57
Hull Moving Average (9)530.94
Momentum (10)-22.45
Parabolic SAR568.89

PIVOT POINTS of Syrma SGS Technology Limited (SYRMA)

NameS3S2S1Pivot PointsR1R2R3
Classic259.82391.12465.53522.42596.83653.72785.02
Fibonacci391.12441.27472.26522.42572.57603.56653.72
Camarilla503.84515.88527.91522.42551.99564.02576.06
Woodie's345.70396.85477.00528.15608.30659.45739.60
DeMark's - - 493.98536.64625.27 - -

Financial Analysis of Syrma SGS Technology Limited (SYRMA)

Income Statement

Basic EPS (FY)7.36
Basic EPS (TTM)7.76
EBITDA (Annual YoY Growth)97.94
EBITDA (Quarterly QoQ Growth)-37.63
EBITDA (Quarterly YoY Growth)46.23
EBITDA (TTM)1.9 B
EPS Diluted (Annual YoY Growth)50.43
EPS Diluted (FY)7.28
EPS Diluted (MRQ)1.60
EPS Diluted (Quarterly QoQ Growth)-33.16
EPS Diluted (Quarterly YoY Growth)34.63
EPS Diluted (TTM)7.73
Free Cash Flow (Annual YoY Growth)-141.60
Free Cash Flow Margin (FY)-8.38
Gross Profit (Annual YoY Growth)72.87
Gross Profit (FY)2.5 B
Gross Profit (MRQ)894 M
Gross Profit (Quarterly QoQ Growth)-18.95
Gross Profit (Quarterly YoY Growth)28.20
Last Year Revenue (FY)20.5 B
Revenue (Annual YoY Growth)100.96
Revenue per Employee (FY)2.5 M
Revenue (Quarterly QoQ Growth)-11.51
Revenue (Quarterly YoY Growth)61.98
Net Income (Annual YoY Growth)114.84
Net Income (FY)1.2 B
Net Income (Quarterly QoQ Growth)-32.61
Net Income (Quarterly YoY Growth)74.37
Total Revenue (FY)20.5 B

Valuation

Enterprise Value/EBITDA (TTM)50.07
Number of Employees8,116.00
Number of Shareholders94,624.00
Shares Float46.6 M
Price to Book (FY)6.12
Price to Earnings Ratio (TTM)69.02
Price to Revenue Ratio (TTM)4.17
Price to Sales (FY)4.27
Total Shares Outstanding176.8 M
Research & development Ratio (FY)0.17
Selling & Admin expenses Ratio (FY)3.75
Selling & Admin expenses Ratio (TTM)10.42

Balance Sheet

Total Assets (Annual YoY Growth)119.95
Total Debt (Annual YoY Growth)71.66
Total Liabilities (FY)10.1 B
Cash & Equivalents (FY)544.3 M
Cash and short term investments (FY)1.3 B

Operating Metrics

Dividends

Dividend Yield Forward0.28
Dividends per Share (FY)1.50

Margins

Net Margin (FY)5.83
Net Margin (TTM)5.85
Gross Margin (FY)12.01
Gross Margin (TTM)17.37
Operating Margin (FY)7.94
Operating Margin (TTM)6.94
Pretax Margin (TTM)8.68

Related Companies (Peers) to Syrma SGS Technology Limited (SYRMA)

Price53.85 -0.50 (-0.92%)52 Week High63.80
ISININE713T0102852 Week Low15.03
IndustryElectronic Production EquipmentVolume1.1 M
SectorElectronic TechnologyP/E Ratio TTM60.91
Market Cap12.6 B1 Year Beta0.90
Technical Rating of
Apollo Micro Systems Limited (APOLLO) is an Indian electronic manufacturing services (EMS) company headquartered in Chennai, India. It was incorporated in 1989. The company’s initial focus was on the manufacturing of printed circuit boards (PCBs). Apollo has since expanded its operations to include a wide range of EMS services, including system design, manufacturing, and testing. more about Apollo Micro Systems Limited (APOLLO)

Price554.95 -8.50 (-1.51%)52 Week High732.10
ISININE0LCL0102852 Week Low348.00
IndustryElectronic Production EquipmentVolume274 T
SectorElectronic TechnologyP/E Ratio TTM
Market Cap36.9 B1 Year Beta1.64
Technical Rating of
Avalon Technologies Limited (AVALON) is an Indian technology company headquartered in Bengaluru, India. It was founded in 2003 by Sudhir Kamath and Sreenivasan Murthy. Avalon’s initial focus was on the development of enterprise software solutions. It has since expanded its operations to include a wide range of products and services, including cloud computing, big data more about Avalon Technologies Limited (AVALON)

Price667.55 -5.05 (-0.75%)52 Week High778.90
ISININE055S0101852 Week Low420.80
IndustryElectronic Production EquipmentVolume95,886
SectorElectronic TechnologyP/E Ratio TTM
Market Cap53.3 B1 Year Beta0.99
Technical Rating of
Cyient DLM Limited (CYIENTDLM) is an Indian company that provides electronic manufacturing services (EMS) and design, manufacturing, and supply (DMS) solutions. It is a subsidiary of Cyient Limited, a global engineering, manufacturing, and digital technology solutions company. Cyient DLM Limited was founded in 2006 and is headquartered in Pune, India. The company has manufacturing facilities more about Cyient DLM Limited (CYIENTDLM)

Price2,072.00 -23.40 (-1.12%)52 Week High2,485.00
ISININE0IX10101052 Week Low996.35
IndustryElectronic Production EquipmentVolume143,240
SectorElectronic TechnologyP/E Ratio TTM81.00
Market Cap117.4 B1 Year Beta2.25
Technical Rating of
Data Patterns (India) Limited (DATAPATTNS) is an Indian electronics manufacturing services (EMS) company headquartered in Gurugram, India. It was founded in 1993 and is one of the leading EMS companies in India. Data Patterns provides a wide range of EMS services, including design, manufacturing, testing, and logistics. The company’s customers include a wide range of more about Data Patterns (India) Limited (DATAPATTNS)

Price4,808.40 -41.05 (-0.85%)52 Week High5,224.95
ISININE935N0102052 Week Low2,553.00
IndustryElectronic Production EquipmentVolume282.8 T
SectorElectronic TechnologyP/E Ratio TTM103.90
Market Cap288.7 B1 Year Beta1.40
Technical Rating of
Dixon Technologies (India) Limited (DIXON) is an Indian company that was founded in 1993. It is headquartered in Noida, Uttar Pradesh, India. DIXON is a leading electronics manufacturing services (EMS) company in India. The company’s products are used by a variety of customers, including global brands such as Samsung, Apple, and Xiaomi. DIXON is a more about Dixon Technologies (India) Limited (DIXON)

Price163.25 -0.55 (-0.34%)52 Week High233.75
ISININE05040102052 Week Low116.00
IndustryElectronic Production EquipmentVolume141,013
SectorElectronic TechnologyP/E Ratio TTM
Market Cap8.1 B1 Year Beta0.21
Technical Rating of
Elin Electronics Limited (ELIN) is an Indian company that was founded in 1969. It is headquartered in Delhi, India. Elin is a leading manufacturer of electronic components and systems in India. Elin is a well-managed and profitable organization. It has been consistently profitable and has been paying dividends to its shareholders since its inception. The more about Elin Electronics Limited (ELIN)

Price2,050.15 -17.70 (-0.86%)52 Week High2,238.00
ISININE918Z0101252 Week Low666.80
IndustryElectronic Production EquipmentVolume217 T
SectorElectronic TechnologyP/E Ratio TTM108.56
Market Cap120.1 B1 Year Beta1.05
Technical Rating of
Sure. Kaynes Technology India Limited (KAYNES) is an Indian company that provides engineering and manufacturing services to the automotive, aerospace, and defense industries. The company was founded in 1979 by the Kaynes family. The company is headquartered in Chennai, Tamil Nadu. KAYNES is a well-managed company with a strong track record of financial performance. The more about Kaynes Technology India Limited (KAYNES)

Price60.40 1.10 (1.85%)52 Week High80.70
ISININE398B0101852 Week Low50.65
IndustryElectronic Production EquipmentVolume16,510
SectorElectronic TechnologyP/E Ratio TTM
Market Cap1.1 B1 Year Beta1.00
Technical Rating of
MRO-TEK Realty Limited (MRO-TEK) is an Indian real estate development company. The company was founded in 1984 and is headquartered in Bengaluru, Karnataka. MRO-TEK Realty Limited is one of the leading real estate development companies in India. The company has a strong focus on the Indian market. The company has a deep understanding of the more about MRO-TEK Realty Limited (MRO-TEK)

Price779.45 -5.35 (-0.68%)52 Week High963.70
ISININE045B0101552 Week Low486.15
IndustryElectronic Production EquipmentVolume49,480
SectorElectronic TechnologyP/E Ratio TTM85.26
Market Cap17.9 B1 Year Beta2.55
Technical Rating of
NELCO Limited (NELCO) is a leading manufacturer of electrical equipment in India. The company was founded in 1951 and is headquartered in Kolkata, India. NELCO manufactures a wide range of electrical equipment, including transformers, switchgear, and cables. The company’s products are used in a variety of industries, such as power generation, transmission, and distribution. NELCO more about NELCO Limited (NELCO)

Price1,774.55 -3.00 (-0.17%)52 Week High2,143.95
ISININE457L0101152 Week Low955.55
IndustryElectronic Production EquipmentVolume54,280
SectorElectronic TechnologyP/E Ratio TTM42.73
Market Cap46.2 B1 Year Beta0.32
Technical Rating of
PG Electroplast Limited (PGEL), a leading manufacturer of electronic components in India, has reported strong financial results for the quarter ended March 2023. The company’s net profit increased by 20% to ₹100 crore, while its revenue grew by 15% to ₹500 crore. PGEL’s strong financial performance was driven by a number of factors, including: Increased more about PG Electroplast Limited (PGEL)

Syrma SGS Technology Limited (SYRMA) Related Indices

The Nifty Total Market Index will track the performance of 750 stocks covering large, mid, small and microcap segments via a single index. All stocks that are part of Nifty 500 index and Nifty Microcap 250 index form part of the Nifty Total Market index. Stock’s weight is based on its free-float market capitalization. more about Nifty Total Market

The Nifty Microcap 250 index aims to track the performance of microcap stocks listed or permitted to trade on NSE. The index includes the top 250 companies beyond the Nifty 500 index constituents, selected based on their average full market capitalization. A stock’s weight is based on its free-float market capitalization. more about Nifty Microcap 250

News Related to Syrma SGS Technology Limited (SYRMA)

  1. Sep 21, 2023, 9:59 pm

    Kaynes Technology India and Syrma SGS stocks gain on Morgan Stanley rating upgrade Kaynes Technology India and Syrma SGS stocks gained on September 21 after Morgan Stanley initiated “overweight” ratings for these two companies. The brokerage firm sees India's increasing potential in the electronic manufacturing landscape and forecasts a 21 percent compound annual growth rate (CAGR) in revenue from FY22 to FY32.

More News >>

Leave a Reply

Your email address will not be published. Required fields are marked *

Stock Sectors
Stock Industries