Syrma SGS Technology shares soared 9% to ₹1,658.00 on Thursday's trading session, significantly outperforming the BSE Sensex which was up 0.19% at 74,479. According to latest market data, the stock hit a record high of ₹1,676.15 on September 8, 2026, marking a remarkable 125% surge in 2026 against a 12.7% decline in the BSE Sensex. The Electronics Manufacturing Services (EMS) company has demonstrated exceptional momentum with a 15% rally this month alone.
The company's latest Q1 FY27 results show robust growth across key financial metrics. Total revenue expanded to ₹1,588.62 crore, representing a 68.29% year-on-year growth from ₹1,159.89 crore in Q1 FY26. Operating profit surged to ₹139.09 crore with an 110.63% YoY increase, while profit after tax reached ₹100.07 crore, up 101.19% from the previous year. Operating margin improved to 8.76% compared to 25.16% in the same quarter last year. Diluted normalized EPS for the quarter stands at ₹5.19, showing an 86.02% increase from ₹1.08 in Q1 FY26.
As reported by Business Standard, Syrma maintains a robust order book visibility of approximately ₹6,770 crore as of June end, with diversified sector exposure. The automotive segment accounts for 29%, consumer products 30%, industrial segment 24%, healthcare including MedTech 7%, and IT and railways 9% of the total order book visibility. The company operates as a leading Indian Electronic Systems Design and Manufacturing firm, offering comprehensive services including Product Design, Assembly, Quick Prototyping, and Tester Development Services.
According to Syrma's FY26 annual report cited by Business Standard, the global EMS market was worth roughly $648 billion in calendar year 2025, up from $610 billion a year earlier, and is projected at $690 billion in CY2026. The market is advancing toward $1.19 trillion by 2034, representing a 7.1% compound annual growth rate (CAGR). This growth trajectory supports the company's strong order book visibility and market positioning.
Latest technical analysis shows Syrma SGS trading at ₹1,636.60 as of September 17, 2026, with the stock maintaining an uptrend momentum. The 52-week high stands at ₹1,660.00 and 52-week low at ₹634.50, indicating significant price appreciation. The stock's PE ratio stands at 72.50 and PB ratio at 10.18 as of September 17, 2026. 24 analysts maintain a 66.67% buy rating on the stock, reflecting strong institutional confidence in the company's growth prospects. The company's promoter holding remains stable at 42.28% as of June 2026, while DII holding stands at 15.90% and FII holding at 7.52%.
