Syrma SGS Technology Limited — Investor Meet, 15-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Syrma SGS reported robust financial results for the quarter and half-year, with Q2 revenue up 37% YoY to INR 1,146 Cr and operating EBITDA rising 56% to INR 116 Cr (10.1% margin). PAT for the quarter stood at INR 66.3 Cr. The company's order book reached INR 5,800 Cr. Strategic moves include acquiring 60% of defense firm Elcome, a JV with Italy's Elemaster, and the KSolare acquisition for solar inverters. The PCB project has ECMS approval, with groundbreaking in December and trial production by December 2026. Management is highly optimistic, expecting sustained growth, improved profitability, and significant export expansion, driven by these new ventures and long-term contracts.