Syrma Sgs Technology Limited has informed the Exchange that Board of Directors at its meeting held on May 13, 2025, recommended Final Dividend of 1.5 per equity share.
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Syrma SGS Technology's board approved audited FY25 results showing strong growth: standalone revenue rose 24% to Rs. 2,277.75 crore while profit after tax jumped nearly 4x to Rs. 79.73 crore. Consolidated revenue grew 20% to Rs. 3,786.69 crore with PAT up 48% to Rs. 184.45 crore and EPS at Rs. 9.55 (vs Rs. 6.06). The board recommended a final dividend of Rs. 1.5 per share (15%) and approved raising up to Rs. 1,000 crore via QIP or other routes. Two new wholly-owned subsidiaries will be set up to manufacture electronic components, PCBs, and interface cards. The company also appointed new secretarial, cost, and internal auditors, and disclosed a Rs. 20-21 million exceptional loss from a fire at its Noida plant in December 2024.
Strong FY25 performance with revenue and profit growth well above industry average is positive for shareholders, supported by a modest dividend and an ambitious expansion plan. However, the proposed Rs. 1,000 crore QIP could lead to equity dilution, which may weigh on the stock in the short term pending further details on pricing and timing.