Q3 Mein Syrma SGS Ne Kaise Udaan Bhari?
Asal mein, company ki alag-alag segments mein jo performance rahi hai, usne kamaal kar diya. Sabse ahem hai IT aur Railways jahaan revenue 65% badh gaya. Iske alawa, Healthcare, Industrial, Auto, aur Consumer divisions ne bhi zabardast 47%, 45%, 44%, aur 43% ki growth show ki hai. Yeh diverse demand ke chalte business mix better hua aur EBITDA margins 350 basis points tak expand ho gaye. Company ne cash flow bhi positive rakha hai aur naye PCB facilities par bhi kaam chal raha hai jo FY27 tak ready ho jayengi.
Brokerage Kya Bol Rahe Hain?
Motilal Oswal toh Syrma SGS Technology ko lekar kaafi bullish hai. Unka kehna hai ki FY25 se FY28 tak revenue 30% CAGR se badhega aur EBITDA 45% CAGR se. Profit toh aur bhi tezi se, matlab 52% CAGR se badh sakta hai. Isliye, unhone stock par BUY rating maintain ki hai aur price target diya hai ₹1,000.
Valuation Aur Sector Ka Scene
Motilal Oswal yeh target 32x FY28 ke estimated earnings par de rahe hain. Company ki market cap abhi around ₹14,700 Crore hai aur TTM P/E ratio 49x se 77x ke aas-paas chal raha hai, jo ki future earnings growth ke liye justified hai. Indian EMS sector khud 27% CAGR se badh kar ₹27.7 lakh Crore tak pahunchne wala hai FY28 tak. Syrma SGS iss boom ka fayda utha rahi hai, khaas kar export mein aur high-margin segments mein, jiska asar stock par bhi dikha aur January 30, 2026 ko share 11% tak upar bhag gaya tha.