SYRMA

What Syrma SGS Technology promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 18 tracked 6 delivered 2 missed 10 open
  • Greenfield Renewable Energy Project Plan Announcement went quiet said Q4 FY26 Promised: In the coming quarter or something Q1 FY27: Ghosted. The deadline of 'the coming quarter' has passed with no announcement of the new greenfield renewable energy project plans.
  • FY27 Revenue Growth revised up said Q3 FY26 Promised: 30% Q1 FY27: Guidance revised up. Based on strong Q1 performance (67% YoY growth), management is now confident they will 'exceed that guidance' of 30-35% growth for FY27.
  • FY26 EBITDA delivered said Q1 FY26 Promised: 8.5-9% Margin Q4 FY26: Achieved. FY26 Operating EBITDA was ₹545 crores on revenue of ₹4,857 crores, resulting in a margin of 11.2%, well above the original 8.5-9% target and the revised guidance of ₹500 crores+.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 18 tracked commitments for Syrma SGS Technology — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens