Syrma Sgs Technology Limited · NSE:SYRMA
Syrma Sgs Technology — Investor Presentation (June 2026)
42 slides from Syrma Sgs Technology's investor presentation, June 2026
Slide 1: Syrma SGS Investor Presentation
Slide 2: Disclaimer
Disclaimer Certain statements in this presentation are forward-looking statements, which involve a number of risks, uncertainties, assumptions and other factors that could cause actual results to differ materially from those in such forward-looking statements. All statements, other than statements o
Slide 3: Company Overview
COMPANY OVERVIEW
Slide 4: SYRMA SGS – At a Glance
SYRMA SGS – At a Glance An Electronics System Design and Manufacturing (ESDM) platform specializing in high-mix, high-complexity electronics for global OEMs across high-growth sectors PCBA Box Build RFID Electromechanical Assemblies PCB* Solutions *backward integration into India’s largest import ga
Slide 5: Our Journey: From IPO To Strategic Scale
Our Journey: From IPO To Strategic Scale ORGANIC EXPANSION 2022 2023 2024 2024–25 Added a unit in Added units in Pune Campus facility Expanded Stuttgart Facility: Chennai Bawal and (~1.2 Mn. sq. ft. potential) From Design to Prototyping Manesar LISTING STRATEGIC ACQUISITIONS 2021 2023 2025 IPO (Aug
Slide 6: Our Presence
Our Presence Texas, USA (Business office) Baddi 17 Operational Manufacturing Facilities Gurugram (Manufacturing & Design Centre) Jodhpur 1,267K sq. ft. Commissioned Manufacturing Plant area Bawal Manesar 4 Global R&D Centers Pune (Ranjangaon) ((Manufacturing & Design Centre) Bengaluru Naidupeta, And
Slide 7: Qualified Across Every Vertical
Qualified Across Every Vertical IATF TISAX 16949:2016 AS9100D:2018 MDSAP Automotive cybersecurity Aerospace & defence quality; Medical device quality management Automotive quality and information security unlocks global aerospace & standard; recognized by major standard; mandatory for Syrma ranks in
Slide 8: Our Business Verticals
Our Business Verticals Automotive and Electric Mobility (5 Year Revenue CAGR – 54%) Industrials (5 Year Revenue CAGR – 29%) 24% 30% Consumer (5 Year Revenue CAGR – 48%) Industries Catered (Revenue mix FY26) 9% Healthcare & Medical Devices (5 Year Revenue CAGR – 26%) 29% 8% Railways and IT (5 Year Re
Slide 9: Automotive And Electric Mobility
Automotive And Electric Mobility Sunroof Motor Controller Battery Management EPS system Dashboard Controller Unit System Beacon Body control Clusters Safety Infotainment Engine Module Airbags PCBA electronic On board chargers Light control Control Unit Driver monitoring Module system Wireless charge
Slide 10: Industrials
Industrials Smart Energy Meters Industrial Power Supplies, Industrial Cleaning Connectivity Communication and Display System Solar Controllers Industry Position Esteemed Clients Performance ₹ Million 13,985 • Rollout of ~250 Mn smart meters with ₹1 lakh Cr+ opportunity (FY25-30) • EU industrial supp
Slide 11: Consumer
Consumer PCB Assemblies Power RFID modules for FastTAG Smart consumer electronics, including BLDC Supplies, Modems, Hybrid & logistics applications motors & water purification systems STB, Wifi Routers Industry Position Esteemed Clients Performance ₹ Million • 25.1% CAGR (CY24-29) India consumer ele
Slide 12: Healthcare & Medtech
Healthcare & Medtech Personal Healthcare Power Supplies for High Precision Digital X-ray, Muscle Toning, Diagnostics and Devices Medical Devices Dispensers Smart Canes therapeutic devices Industry Position Esteemed Clients Performance ₹ Million • Global MedTech market at ~$810 Bn (2025), targeting ~
Slide 13: Railways And IT
Railways And IT Signalling Systems, Door Railway Cab Equipment & Memory Laptop, Motherboards Controllers, Braking Systems Interlocking Systems Modules & PCB Assemblies Industry Position Esteemed Clients Performance Snapshot ₹ Million • ₹2.62 lakh Cr capex (FY26) – Budget’s highest- ever railway allo
Slide 14: Our Financials
Our Financials Revenue from Operations Op. EBITDA Profit Before Tax Profit After-tax (₹ Million) (₹ Million) (₹ Million) (₹ Million) 5,445 4,454 3,458 48,191 999 869 655 8,874 FY21 FY26 FY21 FY26 FY21 FY26 FY21 FY26 Expanding Reach Number of Manufacturing Facilities Number of Employees Export Revenu
Slide 15: Recent Strategic Initiatives
RECENT STRATEGIC INITIATIVES
Slide 16: Our Recent Strategic Initiatives
Our Recent Strategic Initiatives M&A JV JV SYRMA X Shinhyup Korea JV SYRMA X ELCOME: Maritime Electronics SYRMA X ELEMÁSTER (Italy) JV 60% stake (Dec 2025); strategic partnership for 60:40 JV, access to high-reliability EMS and 75:25 JV; India’s first large-scale multilayer PCB maritime naval, elect
Slide 17: ELCOME JV – High Entry-Barrier Maritime Electronics Segment
ELCOME JV – High Entry-Barrier Maritime Electronics Segment Acquisition Navy/Coast Guard Sovereign-critical 60% stake Acquired Dec’2025 ₹235 Cr consideration ~47+ years trusted supplier 60% own IP products WHY ELCOME KEY PRODUCT CATEGORIES • Entry into maritime defence electronics (high-margin, high
Slide 18: ELEMASTER JV - High-Reliability Electronics with Global OEM Access
ELEMASTER JV - High-Reliability Electronics with Global OEM Access Syrma SGS (60%) + Bommasandra Industrial First SMT line operational High-reliability assembly 60:40 JV Elemaster (Italy) 40%) Bengaluru Area 20,000 sq.ft facility Q2 FY2027 2nd line in FY’27 PCBA + Box Rail · Industrial JV SCOPE JV S
Slide 19: Our PCB Foray - India's 80,000+Cr Import Gap
Our PCB Foray - India's 80,000+Cr Import Gap Partnering with Shinhyup, a proven Korean PCB manufacturer Syrma SGS (75%) + Naidupeta, AP Plant Ready for ~₹1,600 Cr* Total Phased Capex ~₹800-900- Cr For Multilayer PCB 75:25 JV Shinhyup Korea (25%) 24 Acres 13 Lakh sq.ft capacity ~Mar 2027 Commercial O
Slide 20: Market Outlook & Opportunities
MARKET OUTLOOK EXCLUSIVE & OPPORTUNITIES BUSINESS
Slide 21: The EMS Opportunity: Global Scale, India Advantage
The EMS Opportunity: Global Scale, India Advantage Global EMS Market Growth Drivers Global EMS Market Global Addition from 2024-29 In USD Bn + USD 319 Bn, 6% CAGR 1,357 India’s share Government Initiatives CAGR Others • Capitalizing on government incentives such as USD104 Bn 1,038 3% 25% PLI, MSIPS,
Slide 22: Future Market Opportunities
Future Market Opportunities Automotive & Healthcare & Defense & Industrials Consumer* Railways & IT Electric Mobility Medical Devices Maritime Segment CY24 -29P CAGR* 22.3% 14.3% 36.5% 25.1% 50.4% 33.5% PLI incentives Smart energy solutions Increasing penetration Premiumization PLI incenti
Slide 23: Our Board & Management Team
EXCLUSIVE OUR BOARD & BUSINESS MANAGEMENT TEAM
Slide 24: Board Of Directors
Board Of Directors • 19+ years of experience in electronics • 41+ years of leadership experience in electronics manufacturing sector design and manufacturing • Bachelor of science in electrical engineering; YPO • Founding member of SGS Tekniks Private Limited President’s Program from Harvard Busines
Slide 25: Management Team
Management Team • 18+ years of experience in electronics • 40+ years of leadership experience in manufacturing sector electronics design and manufacturing • Bachelor of science in electrical engineering; YPO President’s Program from Harvard Business School • Founding member of SGS Tekniks Private Li
Slide 26: Our ESG Initiatives
Our ESG Initiatives Awarded ‘India’s Most Valuable Corporate Women represent over 40% of the workforce, Governance Vanguard of the Year 2025’ reflecting a strong focus on diversity. Recognized among Asia’s Best Employers 2025. ESG subcommittee led by the Awarded EcoVadis Gold Medal, ranking Managing
Slide 27: Financial Performance for the year ended Mar'26
Financial Performance for the year ended Mar’26
Slide 28: FINANCIAL SUMMARY – FY26
FINANCIAL SUMMARY – FY26 Profitability expansion continues: PBT +88% YoY and PAT +87% YoY with significant margin improvement. Revenue and Export Mix Profitability expansion (YoY growth and Margins) Total Revenue Operating EBITDA EBITDA PBT ₹ 48,569 Mn ₹ 5,445 Mn ₹ 5,823 Mn ₹ 4,454 Mn ▲ 27% YoY ▲ 68
Slide 29: Financial Highlights - FY26
Financial Highlights - FY26 ₹ in million Total Revenue EBITDA ₹ 48,569 ₹ 5,823 ₹ 38,361 ₹ 3,727 FY25 FY26 FY25 FY26 29 Profit Before Tax Profit After Tax ₹ 4,454 ₹ 3,458 ₹ 2,371 ₹ 1,845 FY25 FY26 FY25 FY26 29
Slide 30: Brief Summary Of Consolidated Financials – FY26
Brief Summary Of Consolidated Financials – FY26 (₹ in Million) Particulars FY25 FY26 YoY Revenue From Operations 37,872 48,191 27.2% Other Income 489 378 (22.7)% Total Revenue 38,361 48,569 26.6% Cost of Materials Consumed 29,315 35,866 22.3% Gross Profit 8,557 12,325 44.0% Margin% 22.6% 25.6% 3.0%
Slide 31: Industry Segment - FY26
Industry Segment - FY26 (₹ in Million) Industry FY25 FY26 YoY FY25 Mix% FY26 Mix% Auto 8,213 11,390 39% 22% 24% Consumer 13,491 14,527 8% 36% 30% Healthcare 2,912 3,952 36% 8% 8% Industrials 10,758 13,985 30% 28% 29% IT and Railways 2,493 4,336 74% 7% 9% Total 37,867 48,191 27% 100% 100% 31
Slide 32: Financial Ratios
Financial Ratios Particulars FY25 FY26 EBITDA Margin (Ex Other Income,%) 8.6% 11.3% EBITDA Margin (%) 9.7% 12.0% PBT Margin (%) 6.2% 9.2% PAT Margin (%) 4.8% 7.1% Net Debt/(Net Cash) to EBITDA (LTM) 0.8 NM Debt to Equity 0.3 0.1 ROCE (%)* 12.4% 16.9% ROCE (% Adj. for Goodwill)* 16.0% 20.1% OCF/EBITD
Slide 33: Balance Sheet (FY26)
Balance Sheet (FY26) (₹ in Million) Particulars FY25 FY26 ASSETS Property, plant and equipment 7,281 9,276 Goodwill 3,221 4,547 Other non-current assets 2,136 2,257 Inventories 8,219 10,616 Trade receivables 14,775 18,408 Other current assets 2,944 4,393 Cash and cash equivalents 3,471 8,203 Total A
Slide 34: Cash Flow (FY26)
Cash Flow (FY26) (₹ in Million) Particulars FY25 FY26 PBT 2,371 4,454 Add: Depreciation, Finance cost and Others 935 1,222 OCF before WC changes 3,306 5,676 Total WC Changes + Tax (1,541) (2,781) Net Operating Cashflow 1,765 2,896 Capex & Investments (1,052) (7,420) Net Cashflow from Investing activ
Slide 35: Debt And Cash
Debt And Cash (₹ in Million) Particulars 31-Mar-25 31-Mar-26 Term Loan 898 393 Working Capital Loan 5,213 3,138 Total Debt 6,111 3,531 Investments 513 5,092 Cash and cash Equivalents 2,958 3,111 Total Cash & Equivalents 3,471 8,203 Net Debt/(Cash) 2,639 (4,672) 35
Slide 36: Financial Performance for the quarter ended Mar'26
Financial Performance for the quarter ended Mar’26
Slide 37: FINANCIAL SUMMARY – Q4 FY26
FINANCIAL SUMMARY – Q4 FY26 Profitability expansion continues: PBT +61% YoY and PAT +67% YoY with significant margin improvement. Revenue and Export Contribution Profitability expansion (YoY growth and margins) Total Revenue Operating EBITDA EBITDA PBT ₹ 14,768 Mn ₹ 1,741 Mn ₹ 1,860 Mn ₹ 1,504 Mn ▲
Slide 38: Brief Summary Of Consolidated Financials – Q4 FY26
Brief Summary Of Consolidated Financials – Q4 FY26 (₹ in Million) Particulars Q4 FY25 Q3 FY26 Q4 FY26 QoQ YoY Revenue From Operations 9,324 12,642 14,650 15.9% 57.1% Other Income 142 103 118 14.9% (16.9)% Total Revenue 9,466 12,745 14,768 15.9% 56.0% Cost of Materials Consumed 6,731 9,174 10,855 18.
Slide 39: Financial Highlights – Q4 FY26
Financial Highlights – Q4 FY26 ₹ in million Total Revenue EBITDA 43% YoY 56% YoY ₹ 1,860 ₹ 14,768 ₹ 1,697 ₹ 12,745 ₹ 1,298 ₹ 9,466 Q4FY25 Q3FY26 Q4FY26 Q4FY25 Q3FY26 Q4FY26 Profit Before Tax 61% YoY Profit After Tax 67% YoY ₹ 1,504 ₹ 1,383 ₹ 1,192 ₹ 1,103 ₹ 934 ₹ 715 Q4FY25 Q3FY26 Q4FY26 Q4FY25 Q3FY
Slide 40: Industry Segment Q4 FY26
Industry Segment Q4 FY26 (₹ in Million) Q4FY25 Q3FY26 Q4FY26 Industry Q4FY25 Q3FY26 Q4FY26 QoQ YoY Mix% Mix% Mix% Auto 2,146 2,990 3,476 16% 62% 23% 24% 24% Consumer 1,897 3,866 3,827 (1%) 102% 21% 31% 26% Healthcare 929 1,082 1,362 26% 47% 10% 9% 9% Industrials 3,775 3,879 4,585 18% 21% 41% 31% 31%
Slide 41: Financial Ratios
Financial Ratios Particulars Q4 FY25 Q3 FY26 Q4 FY26 EBITDA Margin (Ex Other Income,%) 12.4% 12.6% 11.9% EBITDA Margin (%) 13.7% 13.3% 12.6% PBT Margin (%) 9.9% 10.9% 10.2% PAT Margin (%) 7.5% 8.7% 8.1% Net Debt/(Net Cash) to EBITDA (LTM) 0.8 NM NM Debt to Equity 0.3 0.2 0.1 ROCE (%)* 12.4% 14.5% 16
Slide 42: Thank you
Investors Contact: Nikhil Gupta, CFA Head – Investor Relations +91 11 4700 2122 investor.relations@syrmasgs.com www.syrmasgs.com/investor-relations/ Thank you 42
Syrma SGS Technology — Investor Presentation (June 2026) on 6ix