SYRMA SGS TO FOCUS ON HIGH-MARGIN EXPORT GOODS FOR GROWTH
Electronics manufacturing service (EMS) company
SYRMA
will continue to focus on high-margin export products, such as healthcare, railways, and defence, to achieve double-digit earnings. The company's EBIDTA has increased significantly from Rs 215 crore in 2023-24 to Rs 325 crore in 2024-25 and is expected to grow another 30% this year. In fact, exports of the company have also grown 19% over the last year.
SYRMA
is focussing on expanding production capacity, forging tech ties, and growing the client base in new markets. Recently, the company entered into a Joint Venture with Elemaser S.p.A Tecnologie Elettroniche via it's subsidiary Syrma SGS Design and Manufacturing Pvt. Ltd., which will now be renamed Syrma SGS Elemaster Pvt. Ltd.
Moreover in July 2025,
SYRMA
had entered into a JV agreement with South Korea's Shinhyup Electronics for the manufacturing of multi-layer Printed Circuit Boards (PCBs), including flexible PCBs and similar other products. The stock has gained 21% so far in 2025.