Syrma SGS Technology Stock Forecast

Stock Price Forecast

According to 24 analysts polled by S&P Global, Syrma SGS Technology stock has a consensus rating of "Buy" and an average price target of ₹1,185. The average 1-year stock price forecast is 11.19% lower than the current stock price, while the lowest is ₹940.00 (-29.54%) and the highest is ₹1,372 (+2.85%).

Price Target: ₹1,185 (-11.19%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	₹940.00	₹1,185	₹1,193	₹1,372
Change	-29.54%	-11.19%	-10.61%	+2.85%

* Price targets were last updated on May 15, 2026.

Analyst Ratings

The average analyst rating for Syrma SGS Technology stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	13	14	15	16	16	16
Buy	4	4	4	3	2	2
Hold	5	4	3	3	5	5
Sell	0	0	0	0	1	1
Strong Sell	0	0	0	0	0	0
Total	22	22	22	22	24	24

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Sonali Salgaonkar Jefferies	Jefferies	Buy Maintains ₹970.00 → ₹1,185	Buy	Maintains	₹970.00 → ₹1,185	-11.17%	May 15, 2026
Bhavik Mehta J.P. Morgan	J.P. Morgan	Hold Maintains ₹1,150	Hold	Maintains	₹1,150	-13.79%	May 13, 2026
Praveen Sahay Prabhudas Lilladher	Prabhudas Lilladher	Hold Downgrades ₹905.00 → ₹1,128	Hold	Downgrades	₹905.00 → ₹1,128	-15.44%	May 12, 2026

Financial Forecast

Revenue This Year

63.92B

from 48.19B

32.65%

from 48.19B

Revenue Next Year

83.05B

from 63.92B

29.91%

from 63.92B

EPS This Year

21.22

from 17.11

24.02%

from 17.11

EPS Next Year

28.64

from 21.22

34.97%

from 21.22

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	10.20B	20.48B	31.54B	37.87B	48.19B	63.92B
Revenue Growth	132.65%	100.88%	53.98%	20.06%	27.26%	32.65%
Gross Profit	2.94B	4.93B	6.29B	8.09B	12.32B	15.97B
Gross Margin	28.82%	24.06%	19.94%	21.36%	25.57%	24.98%
Operating Income	753.56M	1.57B	1.51B	2.25B	4.60B	5.74B
Net Income	555.38M	1.19B	1.07B	1.70B	3.18B	4.02B
EPS	-	-	-	-	17.11	21.22
EPS Growth	-	-	-	-	77.59%	24.02%
Forward PE	-	28.77	47.29	39.54	39.69	62.87
Dividend / Share	-	1.50	1.50	1.50	1.50	1.79
Dividend Growth	-	-	-	-	-	19.24%
Free Cash Flow	-2.38B	-2.00B	-5.43B	-2.97B	72.66M	-2.10B
No. Analysts	-	-	-	-	-	16

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue	2027	2028	2029
High	67.7B
Avg	63.9B
Low	61.9B

Revenue Growth

Revenue Growth	2027	2028	2029
High	40.4%
Avg	32.6%
Low	28.4%

EPS Forecast

EPS	2027	2028	2029
High	24.00
Avg	21.22
Low	19.20

EPS Growth

EPS Growth	2027	2028	2029
High	40.3%
Avg	24.0%
Low	12.2%