SYRMA
Syrma SGS Technology Limited
Each stock's 10,000-path forecast, rendered as light.
Syrma SGS Technology Limited (SYRMA) Stock Analysis & Case Study
Is SYRMA a good buy? The data-driven verdict.
Syrma SGS Technology Limited (SYRMA) trades at ₹1,425,on the numbers it tread carefully, a Downstox Snapshot Score of 36/100.
On the numbers, Syrma SGS Technology Limited (SYRMA) tread carefully, a Downstox Snapshot Score of 36/100, weighing expensive at 74.0× earnings, ROE of 14.0%, a 50% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
SYRMA fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How SYRMA ranks against the 2,373 companies in our screener
- SYRMA's market cap of 27,473 Cr ranks in the 87th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- SYRMA's book value of ₹148 ranks in the 64th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- SYRMA's promoter holding of 42.3% ranks in the 19th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- SYRMA's 3-year profit (PAT) growth of 39.0% ranks in the 77th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- SYRMA's 3-year revenue growth of 33.0% ranks in the 88th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- SYRMA's debt-to-equity ratio of 0.14x is lower than 71% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
Is SYRMA overvalued? SYRMA P/E vs peers
SYRMA trades at 74.0× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.
SYRMA share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 3.9y of SYRMA history (39%/yr drift, 48%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| SYRMA 2027 | ₹776 | ₹1,434 | ₹2,648 | +1% |
| SYRMA 2028 | ₹601 | ₹1,443 | ₹3,467 | +1% |
| SYRMA 2029 | ₹497 | ₹1,453 | ₹4,249 | +2% |
| SYRMA 2030 | ₹419 | ₹1,462 | ₹5,104 | +3% |
| SYRMA 2031 | ₹366 | ₹1,471 | ₹5,923 | +3% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability SYRMA goes up, or doubles?
The bull case for SYRMA
- SYRMA's return on equity of 14.0% ranks in the 68th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹4,249.
The bear case & risks
- SYRMA's P/E of 74.0x is lower than 16% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- A steep 9.6× price-to-book means most of the value is intangible/expectations, not assets on the books.
- High historical volatility (48%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹497.
SYRMA volatility & expected range, how bumpy is the ride?
Over the last 3.9 years SYRMA compounded at 39%/year with annualized volatility of 48%. That volatility implies a 1-year 80% range of ₹776-₹2,648, the honest backbone behind any single price target.
SYRMA price forecast, the full 60-month probability fan
SYRMA price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds SYRMA hits common targets within the simulated horizon?
Full multi-horizon detail on the SYRMA price target & forecast page.
SYRMA Piotroski F-Score: 6/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. SYRMA scores 6/8, mixed financial health.
SYRMA MTF margin & leverage across 10 brokers
Margin Trading Facility lets you buy SYRMA with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Upstox | 35.92% | 2.8× |
| Zerodha | 35.88% | 2.8× |
| Groww | 36.01% | 2.8× |
| Dhan | 35.88% | 2.8× |
| Kotak NeoCHEAPEST | 35.84% | 2.8× |
| Paytm Money | 36.12% | 2.8× |
| Pocketful | 35.96% | 2.8× |
| Anand Rathi | 35.88% | 2.8× |
| Bajaj Broking | 40.00% | 2.5× |
| Share India | 35.94% | 2.8× |
Compare every broker on the SYRMA MTF page.
About Syrma SGS Technology Limited: sector, index & market-cap context
Syrma SGS Technology Limited (SYRMA) is a mid-cap NSE-listed company, and a constituent of the Nifty 500 index, with a market capitalisation of ₹27,473 Cr. See more stocks on our screener.
How the SYRMA Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Syrma SGS Technology Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
SYRMA analysis, FAQs
Is Syrma SGS Technology Limited (SYRMA) a good buy?
On the numbers, Syrma SGS Technology Limited (SYRMA) tread carefully, a Downstox Snapshot Score of 36/100, weighing expensive at 74.0× earnings, ROE of 14.0%, a 50% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is SYRMA overvalued or undervalued?
SYRMA trades at 74.0× earnings, expensive versus the ~22× long-run Nifty average.
What is the SYRMA share price target for 2031?
SYRMA's probability-weighted 2031 median target is ₹1,471, with an 80% range of ₹366-₹5,923 (10,000-path Monte-Carlo).
What is the probability SYRMA doubles in 5 years?
The modelled probability of SYRMA reaching ₹2,849 (2×) within 5 years is 27%.
What is the bull case for SYRMA?
SYRMA's return on equity of 14.0% ranks in the 68th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
What are the risks in SYRMA?
SYRMA's P/E of 74.0x is lower than 16% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. A steep 9.6× price-to-book means most of the value is intangible/expectations, not assets on the books. High historical volatility (48%/yr) means a wide, bumpy range of outcomes, size positions accordingly.