Syrma SGS Technology Limited has released the transcript of its Earnings Conference Call for the unaudited Financial Results (Consolidated and Standalone) for the quarter and nine months ended December 31, 2025. The call was held on Friday, January 30, 2026. During the call, the management reported robust performance across parameters. For Q3 FY26, sales grew by 45% year-on-year, with EBITDA showing a significant 101% growth from ₹79 crores to ₹159 crores. Profit Before Tax (PBT) and Profit After Tax (PAT) also saw substantial increases of approximately 108%. Exports demonstrated strong growth of 66%, rising from ₹202 crores to ₹335 crores. For the nine-month period ended December 31, 2025, revenue stood at approximately ₹3,350 crores with operating EBITDA at ₹370 crores, a significant jump from ₹208 crores in the previous year. PBT was ₹295 crores and PAT was ₹227 crores. Export growth for the nine months was 45%, reaching ₹837 crores. The company highlighted secular growth across all verticals, including auto (30% growth), med-tech (31% growth), industrial (29% growth), and IT/railways (70% growth). The management expressed confidence in achieving and exceeding guided figures, aiming for over ₹500 crores in EBITDA for the full year, representing a 55-57% growth. Key strategic initiatives include the ongoing PCB project, with construction expected to be completed by June-July and trial production commencing by December 2026. The acquisition of Elcome has been closed, and it is expected to contribute to the bottom line. The company also received a gold rating from EcoVadis for ESG compliance, positioning it among the top 5% globally. Future outlook remains positive, with expectations of continued healthy growth across verticals and an anticipated 30% growth rate in the coming year. The company is also leveraging the recently signed EU-FTA for potential long-term export growth. The order book visibility as of December end was approximately ₹6,400 crores.
