Filter announcements
Loading...
Incorporated in 2004, Syrma SGS Technology Limited is a Chennai-based engineering and design company engaged in electronics manufacturing services (EMS). The company provides integrated services and solutions to original equipment manufacturers (OEMs) from the initial product concept stage to volume production through concept co-creation and product realization.
Syrma SGS's JV with Elemaster inaugurated a 20,000 sq. ft. high-reliability electronics manufacturing facility in Bengaluru. This expands capabilities for critical sectors like railways, industrial, and medical, strengthening support for global OEMs and "Make in India" initiatives.
Syrma SGS incorporated SYRMA KAGA ELECTRONICS, a new subsidiary. It's a 60:40 joint venture with Kaga Electronics to expand in electronics manufacturing, including PCBs and components, marking a strategic business development.
Syrma SGS submitted its FY25-26 Business Responsibility and Sustainability Report, achieving an EcoVadis Gold Medal (top 5% globally) and SBTi registration. It sourced 1.3 million green energy units, boasts 48% women in workforce, and reported 4,367.15 Cr turnover. No major fines or product recalls.
Syrma SGS reported strong Q1FY27 results: Revenue surged 67% YoY to ₹1604 Cr, EBITDA jumped 72% YoY to ₹177 Cr, and PAT more than doubled to ₹106 Cr. Key updates include a strategic JV with KAGA Electronics, a new CEO, and a credit rating upgrade.
Syrma SGS's Q1FY27 results show strong profitability expansion. Total Revenue reached ₹1603.7 Cr, up 67% YoY. PBT surged 110% to ₹140.8 Cr, and PAT jumped 112% to ₹105.7 Cr, driven by robust Consumer and Auto segments.