Syrma SGS Technology Limited, a leading player in India’s electronics manufacturing and design ecosystem, has announced its financial results for the quarter and financial year ended March 31, 2026, reporting strong growth in revenue, profitability, exports, and operational performance. For FY26, the company reported consolidated total revenue of ₹4,856.9 crore, registering a 27 percent year-on-year increase. EBITDA for the year rose 56 percent to ₹582.3 crore, while profit after tax surged 87 percent to ₹345.8 crore compared with the previous financial year.
During the fourth quarter of FY26, consolidated revenue stood at ₹1,476.8 crore, reflecting growth of 56 percent year-on-year and 16 percent sequentially. EBITDA for Q4FY26 increased 43 percent year-on-year to ₹186 crore, while profit after tax for the quarter rose 67 percent to ₹119.2 crore.
Commenting on the company’s performance, Jasbir Singh Gujral, Managing Director of Syrma SGS Technology Ltd, said FY26 marked a strong year of execution with sustained revenue growth, margin expansion, and improved operational efficiency.
He stated that the company delivered healthy growth while maintaining positive operating cash flow and significantly reducing net working capital days, reflecting stronger operational discipline and improved capital management.
According to the company, FY26 also witnessed progress across its long-term strategic priorities with increasing focus on higher-value business segments including automotive electronics, industrial systems, healthcare technologies, and defence electronics. Exports during the year grew 41 percent and crossed ₹1,200 crore, highlighting rising global demand for the company’s manufacturing and engineering capabilities.
The company also expanded its presence across emerging growth segments through consolidation of Elcome in the defence sector, the Elemaster joint venture focused on industrial and railway electronics, and expansion into the component ecosystem through its printed circuit board (PCB) manufacturing project.
Syrma SGS stated that these initiatives are expected to strengthen the company’s position as a diversified and resilient electronics manufacturing platform supporting future growth opportunities.
With over 45 years of industry expertise, Syrma SGS Technology serves more than 270 customers across over 20 countries. The company operates manufacturing facilities across Chennai, Bengaluru, Manesar, Gurgaon, Pune, and Baddi, along with research and development centres in Chennai, Pune, Bengaluru, and Stuttgart, Germany.
The company provides a comprehensive range of Electronic Systems Design and Manufacturing (ESDM) services including product design, PCB assembly, box build solutions, prototyping, and tester development services.
In addition to EMS operations, Syrma SGS manufactures RFID tags and inlays, high-frequency magnetic components, and electro-mechanical products catering to industries including automotive, industrial, healthcare, defence, consumer electronics, and infrastructure.
Industry analysts note that India’s electronics manufacturing sector continues to witness strong momentum supported by increasing localisation, government-led manufacturing initiatives, expanding exports, and rising demand for advanced electronics systems globally. Syrma SGS stated that it remains focused on strengthening technology capabilities, expanding manufacturing scale, and building deeper customer partnerships across global markets as part of its long-term growth strategy.
Syrma SGS is a prominent Indian Electronic Systems Design and Manufacturing (ESDM) company with over three decades of experience. The organisation serves more than 270 customers across 20+ global markets and operates manufacturing facilities in Chennai, Bengaluru, Manesar, Gurgaon, Pune, Jodhpur and Baddi, along with R&D centres in Chennai, Pune, Gurgaon and Stuttgart, Germany
