Syrma SGS Technologies : 10X revenue potential
Syrma SGS Technology FY25 PAT: ₹1,845 Mn +48% YoY
PAT: ₹1,845 Mn +48% YoY, PAT margin at 4.8%
Total Revenue: ₹38,361 Mn +19% YoYEBITDA: ₹3,727 Mn +43% YoY, EBIDTA margin at 9.7%- ➢ 20+ New Customers onboarded during the Financial Year.
- ➢ New customer engagements in large format Box build business, in Industrial and Railway business verticals.
- ➢ Commissioned the Pune Mega Facility (26.5-acre campus) with 1.2 Mn sq. ft. potential manufacturing space
- ➢ Expanded global reach through a new design and prototype facility in Stuttgart, Germany
- ➢ Established a dedicated MedTech Design Centre in Pune to accelerate healthcare innovations.
- Attracting multinational customers by offering costeffective, reliable, and scalable manufacturing for global supply chains.
- Foraying into the telecom and networking products sector
- Streamlining the ecosystem of domestic manufacturing and sourcing
- Syrma SGS Technologies : 10X revenue potential
- Total Revenue ₹ 32,124 Mn up by 54% YoY.
- EBIDTA margin at 8.0%
- PAT ₹ 1,243 Mn up by 1% YoY; PAT margin at 3.9%
- Export Revenue at 26% of Revenue from Operations.
The global electrical and electronics market grew from $3454.94 billion in CY 2022 to $3739.37 billion in CY 2023, at a compound annual growth rate of 8.2 per cent. The advent of digital technologies such as the internet of things and advanced connectivity solutions like 5G is expected to drive the demand for innovative electronic devices. Consequently, the market for electronic equipment manufacturing is projected to witness substantial growth during 2023-2027, the company said on the business opportunities.
The company’s operations span diverse sectors, from automotive and industrial to healthcare and railways & IT, where the integration of advanced electronics is transforming conventional paradigms. Navigating trends such as the rise in Internet of Things devices, the global electric vehicle revolution and the explosion of telehealth. The company leverages these opportunities for growth and innovation.
- The government’s focus on promoting indigenous manufacturing, along with the ‘China +1’ strategy pursued by original equipment manufacturers looking to establish manufacturing operations in India, has further contributed to the growth. This shift to strengthen India’s position as an electronics manufacturing hub, shall extend beyond the mobile and consumer-focused sectors. Additionally, the rise in domestic consumption and OEMs’ inclination towards India for manufacturing operations have been significant driving factors.
- The company plans to implement several strategies for its sustained growth, including enhanced opportunities for technological innovation; establish a specialised facility to enhance design capabilities for emerging areas and new age technologies; invest in new infrastructure and maintain lower operating expenses while sustaining quality and make strategic acquisitions in order to pursue inorganic growth Increase scale, the annual report said.

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