Syrma SGS Technology Limited
Syrma SGS Technology Limited provides turnkey electronic manufacturing services in India, the United States, Germany, and internationally. The company offers product engineering services, that includes design and development, and verification and validation; phototype manufacturing and platform/ system integration; and original design and manufacturing services. Its product portfolio comprises pr… Read more
Syrma SGS Technology Limited (SYRMA) - Net Assets
Latest net assets as of March 2025: ₹18.25 Billion INR
Based on the latest financial reports, Syrma SGS Technology Limited (SYRMA) has net assets worth ₹18.25 Billion INR as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹42.05 Billion) and total liabilities (₹23.80 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹18.25 Billion |
| % of Total Assets | 43.4% |
| Annual Growth Rate | 78.07% |
| 5-Year Change | 236.13% |
| 10-Year Change | N/A |
| Growth Volatility | 252.22 |
Syrma SGS Technology Limited - Net Assets Trend (2019–2025)
This chart illustrates how Syrma SGS Technology Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Syrma SGS Technology Limited (2019–2025)
The table below shows the annual net assets of Syrma SGS Technology Limited from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹18.25 Billion | +8.81% |
| 2024-03-31 | ₹16.77 Billion | +8.69% |
| 2023-03-31 | ₹15.43 Billion | +164.69% |
| 2022-03-31 | ₹5.83 Billion | +7.37% |
| 2021-03-31 | ₹5.43 Billion | +18.46% |
| 2020-03-31 | ₹4.58 Billion | +701.31% |
| 2019-03-31 | ₹571.93 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Syrma SGS Technology Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1330.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹5.02 Billion | 28.70% |
| Common Stock | ₹1.78 Billion | 10.17% |
| Other Comprehensive Income | ₹55.27 Million | 0.32% |
| Other Components | ₹10.64 Billion | 60.81% |
| Total Equity | ₹17.50 Billion | 100.00% |
Syrma SGS Technology Limited Competitors by Market Cap
The table below lists competitors of Syrma SGS Technology Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tilaknagar Industries Limited
NSE:TI
|
$650.17 Million |
|
SKAN Group AG
SW:SKAN
|
$650.24 Million |
|
Gerresheimer AG
PINK:GRRMY
|
$650.59 Million |
|
Plato Income Maximiser Ltd
AU:PL8
|
$650.64 Million |
|
Shenzhen Urban Transport Planning Center Co. Ltd.
SHE:301091
|
$649.95 Million |
|
Hnac Technology Co Ltd
SHE:300490
|
$649.92 Million |
|
Immatics NV
NASDAQ:IMTX
|
$649.88 Million |
|
Zhejiang Huatong Meat Products Co Ltd
SHE:002840
|
$649.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Syrma SGS Technology Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 16,126,080,000 to 17,499,640,000, a change of 1,373,560,000 (8.5%).
- Net income of 1,698,710,000 contributed positively to equity growth.
- Dividend payments of 266,140,000 reduced retained earnings.
- New share issuances of 10,420,000 increased equity.
- Other comprehensive income decreased equity by 22,290,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹1.70 Billion | +9.71% |
| Dividends Paid | ₹266.14 Million | -1.52% |
| Share Issuances | ₹10.42 Million | +0.06% |
| Other Comprehensive Income | ₹-22.29 Million | -0.13% |
| Other Changes | ₹-47.14 Million | -0.27% |
| Total Change | ₹- | 8.52% |
Book Value vs Market Value Analysis
This analysis compares Syrma SGS Technology Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 7.81x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 94.92x to 7.81x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-03-31 | ₹8.07 | ₹765.60 | x |
| 2020-03-31 | ₹64.05 | ₹765.60 | x |
| 2021-03-31 | ₹28.03 | ₹765.60 | x |
| 2022-03-31 | ₹49.81 | ₹765.60 | x |
| 2023-03-31 | ₹93.91 | ₹765.60 | x |
| 2024-03-31 | ₹90.41 | ₹765.60 | x |
| 2025-03-31 | ₹98.08 | ₹765.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Syrma SGS Technology Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.71%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.49%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 2.40x
- Recent ROE (9.71%) is below the historical average (14.74%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 36.66% | 5.92% | 1.21x | 5.11x | ₹152.48 Million |
| 2020 | 19.46% | 10.61% | 1.01x | 1.82x | ₹429.59 Million |
| 2021 | 13.25% | 7.30% | 0.48x | 3.75x | ₹78.59 Million |
| 2022 | 9.71% | 5.45% | 0.88x | 2.02x | ₹-16.68 Million |
| 2023 | 7.75% | 5.83% | 0.81x | 1.65x | ₹-347.08 Million |
| 2024 | 6.66% | 3.40% | 0.85x | 2.29x | ₹-539.33 Million |
| 2025 | 9.71% | 4.49% | 0.90x | 2.40x | ₹-51.25 Million |
Industry Comparison
This section compares Syrma SGS Technology Limited's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $550,145,180
- Average return on equity (ROE) among peers: 17.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Syrma SGS Technology Limited (SYRMA) | ₹18.25 Billion | 36.66% | 1.30x | $650.05 Million |
| Centum Electronics Limited (CENTUM) | $1.23 Billion | 7.51% | 1.14x | $224.10 Million |
| Cyient DLM Limited (CYIENTDLM) | $349.25 Million | -2.67% | 12.35x | $129.69 Million |
| IKIO Lighting Limited (IKIO) | $340.25 Million | 62.92% | 3.26x | $23.70 Million |
| Kaynes Technology India Limited (KAYNES) | $1.40 Billion | 6.97% | 2.00x | $1.27 Billion |
| KRN Heat Exchanger and Refrigeration (KRN) | $255.31 Million | 41.48% | 2.63x | $164.46 Million |
| MIC Electronics Limited (MICEL) | $167.79 Million | 1.93% | 0.97x | $39.42 Million |
| PG Electroplast Limited (PGEL) | $107.99 Million | 4.42% | 3.23x | $924.07 Million |