Syrma SGS Technology (NSE:SYRMA) EBIT: ₹4,936 Mil (TTM As of Mar. 2026)


NSE:SYRMA Syrma SGS Technology Ltd NSE:SYRMA
82 GF Score
Price ₹1,440.50
GF Value ₹923.12
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Syrma SGS Technology EBIT?

Syrma SGS Technology NSE:SYRMA +1.11% 82 EBIT is ₹4,936 Mil as of Mar. 2026. GuruFocus rates NSE:SYRMA with a GF Score™ of 82/100 and a GF Value™ of ₹923.12 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Syrma SGS Technology's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹1,634 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹4,936 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Syrma SGS Technology's annualized ROC % for the quarter that ended in Mar. 2026 was 17.38%. Syrma SGS Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 31.48%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Syrma SGS Technology's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1.81%.


Syrma SGS Technology  (NSE:SYRMA) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Syrma SGS Technology's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=6110.08 * ( 1 - 20.71% )/( (0 + 27868.76)/ 1 )
=4844.682432/27868.76
=17.38 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=57700.07 - 19737.63 - ( 10093.68 - max(0, 24408.57 - 41496.86+10093.68))
=27868.76

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Syrma SGS Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=6535.84/( ( (0 + max(0, 0)) + (10545.56 + max(10216.49, 0)) )/ 1 )
=6535.84/( ( 0 + 20762.05 )/ 1 )
=6535.84/20762.05
=31.48 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(18407.77 + 10616.02 + 2379.39) - (19737.63 + 0 + 1449.06)
=10216.49

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Syrma SGS Technology's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=4936.36/273009.817
=1.81 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Syrma SGS Technology EBIT Related Terms


Syrma SGS Technology EBIT Historical Data

* Premium members only.

The historical data trend for Syrma SGS Technology's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Syrma SGS Technology EBIT Chart

Syrma SGS Technology Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial 860.99 1,991.96 2,037.85 2,955.35 4,936.36

Syrma SGS Technology Quarterly Data
Mar20 Mar21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,090.19 820.79 1,021.31 1,460.30 1,633.96

NSE:SYRMA vs APH, GLW, TEL: EBIT Comparison

For the Electronic Components subindustry, Syrma SGS Technology's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Syrma SGS Technology EV-to-EBIT vs Hardware Industry

For the Hardware industry and Technology sector, Syrma SGS Technology's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Syrma SGS Technology's EV-to-EBIT falls into.


NSE:SYRMA
82GF Score
Syrma SGS Technology Ltd NSE:SYRMA
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Syrma SGS Technology EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹4,936 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₹4,936 Mil mean?
Syrma SGS Technology (NSE:SYRMA) has a EBIT of ₹4,936 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Syrma SGS Technology.
Is Syrma SGS Technology's EBIT too high?
Syrma SGS Technology's current EBIT is ₹4,936 Mil. Overall, Syrma SGS Technology has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Syrma SGS Technology's EBIT compare to APH and GLW?
Syrma SGS Technology's EBIT of ₹4,936 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Hardware company?
A good EBIT depends on the Hardware industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Syrma SGS Technology. Syrma SGS Technology's current EBIT is ₹4,936 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Syrma SGS Technology stock overvalued right now?
Based on GuruFocus' analysis, Syrma SGS Technology (NSE:SYRMA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹923.12, compared to a current price of ₹1,440.50 — trading 56% above its estimated fair value. The current EBIT is ₹4,936 Mil. Syrma SGS Technology's overall GF Score™ is 82/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Syrma SGS Technology (NSE:SYRMA), the current EBIT is ₹4,936 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Syrma SGS Technology (NSE:SYRMA) Overvalued in 2026?

Based on GuruFocus' analysis, Syrma SGS Technology stock appears to be overvalued. The current stock price of ₹1,440.50 is trading 56% above its estimated GF Value™ of ₹923.12. GuruFocus considers Syrma SGS Technology to be Significantly Overvalued.

Key valuation signals for NSE:SYRMA:

  • EBIT: ₹4,936 Mil
  • GF Value™: ₹923.12 vs. price of ₹1,440.50 (56% above fair value)
  • GF Score™: 82/100 with 9 warning signs

No single metric tells the full story. See the NSE:SYRMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Syrma SGS Technology Business Description

Other Exchanges 543573:India
Address MEPZ-SEZ, Plot B27, Phase II, Zone B, Tambaram, Chennai, TN, IND, 600045
Syrma SGS Technology Ltd provides Electronic Manufacturing Services. The company is engaged in the business of manufacturing various electronic sub-assemblies, assemblies, and box builds, disk drives, memory modules, power supplies, adapters, fiber optic assemblies, magnetic induction coils, and RFID products, and other electronic products. It serves national and international B2B customers in the industrial, consumer electronics, healthcare, automotive, computer, medical, and railway sectors. Geographically, the majority of the company's revenue is generated within India, followed by the United States of America, and the Rest of the world.
82GF Score

Get the complete analysis for NSE:SYRMA

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,440.50
Price
₹923.12
GF Value