Syrma SGS Raises FY27 Growth Guidance To 45%; Eyes $1 Billion Revenue In FY28
NDTV Profit · 02 Nov 2026 · 10 min
Management interview of Syrma SGS Technology Ltd (SYRMA), with 9 key numbers discussed.
- Jasbir Singh Gujral, MD, Syrma SGS
Syrma SGS has upgraded its FY27 revenue growth guidance to 40-45%, targeting approximately Rs 7,000 cr, and expects to cross $1 billion in FY28. Management noted margin dilution due to material cost inflation pass-throughs without value-add markups, expecting supply chain pressures to ease in 6-8 months. Full-year FY27 margins are guided at 10-10.5%, stabilizing at 10.5-11% longer term as new PCB facilities come online. The company also anticipates strong export momentum and higher ODM contribution.