India’s Prominent electronics manufacturing services (EMS) Stock is in Focus as it has partnered with a Japanese Brand, Dynabook, for the manufacturing of Dynabook’s range of laptops in India.
With a market capitalisation of Rs. 9,662 Crore, the stock of Syrma SGS Technology opened at Rs. 541.25, around the same level as yesterday’s close, but after opening, it made a high of Rs. 552.95, up 2.73 percent. Additionally, the Yearly return for the stock is 20 percent.
Contract Update
Syrma SGS Technology Ltd has entered into a strategic partnership with Dynabook Singapore Pte. Ltd. to manufacture Dynabook’s range of laptops in India. This collaboration supports the Indian government’s ‘Make in India’ initiative, aiming to boost local manufacturing through favourable policies and incentives
Mr. Satendra Singh, CEO of Syrma SGS Technology, expressed pride in partnering with Dynabook, emphasising that the collaboration will expand product choices for Indian customers under the ‘Make in India’ initiative. He highlighted that Dynabook’s advanced technology and high-quality manufacturing will lead to the delivery of top-tier products for both domestic and international markets.
Further, this partnership marks the second such order secured from a global grand by Syrma SGS in this Calendar year, which reinforces its position as a reliable partner for global IT Brands.
Also read: ₹9,000 Cr Order: Infra stock hits 10% upper circuit after receiving order exceeding market cap
About the Company
Headquartered in Chennai, Syrma SGS Technology Ltd is a prominent Indian electronics manufacturing services (EMS) company, specialising in comprehensive solutions across the electronics value chain. It has a strong 40 years of legacy, 35+ High speed SMT Lines, 15 Manufacturing Facilities, 3 R&D labs, 250+ Engineers and 1,100,000+ Sq. ft of Manufacturing Area
The company offers a diverse range of services, including product engineering, prototyping, PCB assembly, box builds, RFID solutions, and custom magnetics. Serving a broad spectrum of industries such as automotive, telecom, industrial, healthcare, IT, railways, and defence, Syrma SGS provides end-to-end services from initial product design to full-scale manufacturing.
It has a pan-India manufacturing footprint with facilities in Chennai, Bangalore, Manesar, Gurgaon, Pune, Noida, Jodhpur and Baddi, along with R&D centres in Chennai, Pune, Bangalore, and Stuttgart, Germany
The company reported an 18.46 percent YoY decrease in revenue from Rs. 1,143 Crore in Q4FY24 to Rs. 932 Crore in Q4FY25. On a QoQ basis, the company reported an increase of 7.12 percent in revenue from Rs. 870 Crore in the previous quarter.
Their Net profit saw an increase of 57.77 percent YoY from Rs. 45 Crore to Rs. 71 Crore for the same period. On a QoQ basis, the company reported an increase of 33.96 percent in Net profit from Rs. 53 Crore in the previous quarter.
Written By Abhishek Das
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