Syngene International Ltd.
•₹ 407.252.97%
2026-08-21
PROS
- Company is almost debt free
- Company has consistently been profitable over the last 5 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 2.36x)
- Working capital cycle has improved - days down from 89 to 57
- Company comfortably covers its interest (9.4x coverage)
- Company generates healthy free cash flow
CONS
- Recent results are weak - TTM profit is down 59.1% versus prior year
- Promoter holding has decreased over last 2 years: -2.1pp
- Company has delivered a poor profit growth of -4.8% over past five years
- Operating margins have contracted to 24.3% from 31.5%
- Recurring exceptional / one-off items are inflating headline profit
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | PFOCUS | 279.00 | 187.99 | 21727.79 | 0.00 | -457.78 | -514.43 | 12668.15 | 1196.88 | 2.74 | 23.76 |
| 2. | SAGILITY | 42.46 | 20.02 | 19876.92 | 0.35 | 216.81 | 45.94 | 1963.48 | 27.59 | 13.82 | 22.32 |
| 3. | SYNGENE | 397.10 | 72.53 | 16029.70 | 0.31 | -9.00 | -110.38 | 736.00 | -15.84 | 9.48 | 12.34 |
| 4. | IGIL | 338.55 | 24.00 | 14630.77 | 1.48 | 165.74 | 30.98 | 370.78 | 23.22 | 77.00 | 60.35 |
| 5. | INDGN | 564.25 | 33.91 | 13592.86 | 0.40 | 1162.00 | 898.28 | 10631.00 | 1297.34 | 18.92 | 16.39 |
| 6. | NESCO | 1032.45 | 17.63 | 7274.64 | 0.68 | 93.05 | 5.00 | 251.62 | 31.05 | 19.23 | 46.86 |
| 7. | LEAPIND | 160.55 | 113.45 | 7072.81 | 0.00 | — | — | — | — | 9.32 | — |
| 8. | SPARC | 193.15 | 3.96 | 6268.13 | 0.00 | -20.78 | 59.94 | 39.92 | 314.11 | 163.94 | -85.17 |
| 9. | SMARTWORKS | 500.70 | 205.47 | 5727.06 | 0.00 | 13.15 | 413.27 | 546.25 | 44.05 | 52.26 | 63.33 |
| 10. | LATENTVIEW | 276.50 | 29.28 | 5721.48 | 0.00 | 47.10 | -6.84 | 286.88 | 21.55 | 16.69 | 19.76 |
| 11. | JUSTDIAL | 659.80 | 15.46 | 5611.54 | 0.00 | 115.74 | 38.44 | 270.27 | 16.23 | 12.88 | 26.17 |
| 12. | INDIQUBE | 191.25 | 0.00 | 4054.45 | 0.00 | -23.88 | 35.03 | 422.69 | 36.66 | 54.58 | 61.15 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 808 | 910 | 854 | 917 | 790 | 891 | 944 | 1,018 | 874 | 911 | 917 | 1,036 | 736 | |
| 596 | 656 | 622 | 600 | 620 | 650 | 662 | 674 | 668 | 711 | 708 | 733 | 767 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 24 | 22 | 29 | 16 | 18 | 21 | 20 | 19 | 18 | 15 | 15 | 22 | 25 |
| Interest | 10 | 13 | 11 | 13 | 12 | 13 | 12 | 16 | 12 | 13 | 12 | 12 | 10 |
| Depreciation | 102 | 105 | 108 | 111 | 107 | 111 | 109 | 106 | 111 | 116 | 114 | 112 | 112 |
| 123 | 151 | 138 | 209 | 101 | 137 | 181 | 240 | 101 | 85 | 28 | 196 | -19 | |
| Tax % | 24.00% | 22.69% | 19.32% | 9.76% | 25.27% | 22.72% | 27.49% | 23.78% | 14.41% | 21.24% | 47.18% | 24.54% | 53.12% |
| Net Profit | 0 | 0 | 0 | 0 | 76 | 106 | 131 | 183 | 87 | 67 | 15 | 148 | -9 |
| 2 | 3 | 3 | 5 | 2 | 3 | 3 | 5 | 2 | 2 | 0 | 4 | -0 | |
| Equity Capital | 402 | 402 | 402 | 402 | 402 | 402 | 402 | 402 | 403 | 403 | 403 | 403 | 404 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 402 | 402 | 402 | 402 | 402 | 402 | 402 | 402 | 403 | 403 | 403 | 403 | 404 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 808
- 596
- Operating Profit
- —
- OPM %
- —
- Other Income
- 24
- Interest
- 10
- Depreciation
- 102
- 123
- Tax %
- 24.00%
- Net Profit
- 0
- 2
- Equity Capital
- 402
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 402
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 910
- 656
- Operating Profit
- —
- OPM %
- —
- Other Income
- 22
- Interest
- 13
- Depreciation
- 105
- 151
- Tax %
- 22.69%
- Net Profit
- 0
- 3
- Equity Capital
- 402
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 402
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 854
- 622
- Operating Profit
- —
- OPM %
- —
- Other Income
- 29
- Interest
- 11
- Depreciation
- 108
- 138
- Tax %
- 19.32%
- Net Profit
- 0
- 3
- Equity Capital
- 402
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 402
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 917
- 600
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 13
- Depreciation
- 111
- 209
- Tax %
- 9.76%
- Net Profit
- 0
- 5
- Equity Capital
- 402
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 402
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 790
- 620
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 12
- Depreciation
- 107
- 101
- Tax %
- 25.27%
- Net Profit
- 76
- 2
- Equity Capital
- 402
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 402
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 891
- 650
- Operating Profit
- —
- OPM %
- —
- Other Income
- 21
- Interest
- 13
- Depreciation
- 111
- 137
- Tax %
- 22.72%
- Net Profit
- 106
- 3
- Equity Capital
- 402
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 402
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 944
- 662
- Operating Profit
- —
- OPM %
- —
- Other Income
- 20
- Interest
- 12
- Depreciation
- 109
- 181
- Tax %
- 27.49%
- Net Profit
- 131
- 3
- Equity Capital
- 402
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 402
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 1,018
- 674
- Operating Profit
- —
- OPM %
- —
- Other Income
- 19
- Interest
- 16
- Depreciation
- 106
- 240
- Tax %
- 23.78%
- Net Profit
- 183
- 5
- Equity Capital
- 402
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 402
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 874
- 668
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 12
- Depreciation
- 111
- 101
- Tax %
- 14.41%
- Net Profit
- 87
- 2
- Equity Capital
- 403
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 403
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 911
- 711
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 13
- Depreciation
- 116
- 85
- Tax %
- 21.24%
- Net Profit
- 67
- 2
- Equity Capital
- 403
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 403
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 917
- 708
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 12
- Depreciation
- 114
- 28
- Tax %
- 47.18%
- Net Profit
- 15
- 0
- Equity Capital
- 403
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 403
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 1,036
- 733
- Operating Profit
- —
- OPM %
- —
- Other Income
- 22
- Interest
- 12
- Depreciation
- 112
- 196
- Tax %
- 24.54%
- Net Profit
- 148
- 4
- Equity Capital
- 403
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 403
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 736
- 767
- Operating Profit
- —
- OPM %
- —
- Other Income
- 25
- Interest
- 10
- Depreciation
- 112
- -19
- Tax %
- 53.12%
- Net Profit
- -9
- -0
- Equity Capital
- 404
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 404
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1,423 | 1,826 | 2,012 | 2,184 | 2,604 | 3,193 | 3,489 | 3,642 | 3,739 | 3,600 | |
| 1,033 | 1,290 | 1,408 | 1,531 | 1,864 | 2,260 | 2,474 | 2,601 | 2,827 | 2,919 | |
| Operating Profit | 527 | 612 | 700 | 736 | 849 | 1,005 | 1,105 | 1,114 | 989 | — |
| OPM % | 37 | 34 | 35 | 34 | 33 | 31 | 32 | 31 | 26 | — |
| Other Income | 136 | 76 | 96 | 83 | 108 | 73 | 91 | 72 | 77 | 78 |
| Interest | 23 | 32 | 35 | 28 | 24 | 45 | 47 | 53 | 49 | 47 |
| Depreciation | 131 | 164 | 219 | 274 | 310 | 366 | 426 | 433 | 453 | 454 |
| 372 | 415 | 517 | 469 | 484 | 594 | 621 | 660 | 411 | 290 | |
| Tax % | 18 | 20 | 20 | 14 | 18 | 22 | 18 | 25 | 23 | 24 |
| Net Profit | 305 | 332 | 412 | 405 | 396 | 464 | 510 | 496 | 317 | 221 |
| EPS | 15 | 8 | 10 | 10 | 10 | 12 | 13 | 12 | 8 | — |
| Dividend Payout % | 7 | 3 | 0 | 0 | 10 | 11 | 10 | 10 | 16 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 8 | 8 | 10 | 10 | 10 | 12 | 13 | 12 | 8 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 8 | 8 | 10 | 10 | 10 | 12 | 13 | 12 | 8 | — |
Mar 2018
- 1,423
- 1,033
- Operating Profit
- 527
- OPM %
- 37
- Other Income
- 136
- Interest
- 23
- Depreciation
- 131
- 372
- Tax %
- 18
- Net Profit
- 305
- EPS
- 15
- Dividend Payout %
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
Mar 2019
- 1,826
- 1,290
- Operating Profit
- 612
- OPM %
- 34
- Other Income
- 76
- Interest
- 32
- Depreciation
- 164
- 415
- Tax %
- 20
- Net Profit
- 332
- EPS
- 8
- Dividend Payout %
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
Mar 2020
- 2,012
- 1,408
- Operating Profit
- 700
- OPM %
- 35
- Other Income
- 96
- Interest
- 35
- Depreciation
- 219
- 517
- Tax %
- 20
- Net Profit
- 412
- EPS
- 10
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
Mar 2021
- 2,184
- 1,531
- Operating Profit
- 736
- OPM %
- 34
- Other Income
- 83
- Interest
- 28
- Depreciation
- 274
- 469
- Tax %
- 14
- Net Profit
- 405
- EPS
- 10
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
Mar 2022
- 2,604
- 1,864
- Operating Profit
- 849
- OPM %
- 33
- Other Income
- 108
- Interest
- 24
- Depreciation
- 310
- 484
- Tax %
- 18
- Net Profit
- 396
- EPS
- 10
- Dividend Payout %
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
Mar 2023
- 3,193
- 2,260
- Operating Profit
- 1,005
- OPM %
- 31
- Other Income
- 73
- Interest
- 45
- Depreciation
- 366
- 594
- Tax %
- 22
- Net Profit
- 464
- EPS
- 12
- Dividend Payout %
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
Mar 2024
- 3,489
- 2,474
- Operating Profit
- 1,105
- OPM %
- 32
- Other Income
- 91
- Interest
- 47
- Depreciation
- 426
- 621
- Tax %
- 18
- Net Profit
- 510
- EPS
- 13
- Dividend Payout %
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 13
Mar 2025
- 3,642
- 2,601
- Operating Profit
- 1,114
- OPM %
- 31
- Other Income
- 72
- Interest
- 53
- Depreciation
- 433
- 660
- Tax %
- 25
- Net Profit
- 496
- EPS
- 12
- Dividend Payout %
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
Mar 2026
- 3,739
- 2,827
- Operating Profit
- 989
- OPM %
- 26
- Other Income
- 77
- Interest
- 49
- Depreciation
- 453
- 411
- Tax %
- 23
- Net Profit
- 317
- EPS
- 8
- Dividend Payout %
- 16
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
TTM
- 3,600
- 2,919
- Operating Profit
- —
- OPM %
- —
- Other Income
- 78
- Interest
- 47
- Depreciation
- 454
- 290
- Tax %
- 24
- Net Profit
- 221
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- 11%
- 3 Years:
- 5%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- -5%
- 3 Years:
- -12%
STOCK PRICE CAGR
- 10 Years:
- 6%
- 5 Years:
- -9%
- 3 Years:
- -21%
- 1 Year:
- -41%
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- 12%
- 3 Years:
- 10%
- Last Year:
- 7%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - |
| Equity Capital | 200 | 200 | 400 | 400 | 401 | 401 | 402 | 402 | 403 |
| 1,492 | 1,740 | 1,737 | 2,344 | 2,809 | 3,151 | 3,787 | 4,245 | 4,342 | |
| 202 | 451 | 686 | 260 | 258 | 86 | 42 | 120 | 9 | |
| Trade Payables | 204 | 224 | 222 | 242 | 233 | 258 | 256 | 352 | 348 |
| 1,019 | 997 | 996 | 1,548 | 1,797 | 1,864 | 1,625 | 1,647 | 1,852 | |
| Total Liabilities | 3,117 | 3,612 | 4,040 | 4,794 | 5,498 | 5,761 | 6,111 | 6,766 | 6,954 |
| ASSETS | - | - | - | - | - | - | - | - | - |
| 1,030 | 1,337 | 1,984 | 2,163 | 2,354 | 2,619 | 2,809 | 2,767 | 2,968 | |
| Capital Work in Progress | 155 | 274 | 234 | 237 | 346 | 177 | 837 | 1,261 | 1,040 |
| 158 | 716 | 776 | 702 | 1,034 | 918 | 548 | 647 | 741 | |
| 86 | 43 | 25 | 60 | 179 | 333 | 238 | 156 | 141 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 442 | 527 | 509 | |
| Cash & Bank | 967 | 437 | 282 | 643 | 518 | 532 | 564 | 787 | 833 |
| 720 | 805 | 739 | 989 | 1,066 | 1,183 | 674 | 622 | 721 | |
| Total Assets | 3,117 | 3,612 | 4,040 | 4,794 | 5,498 | 5,761 | 6,111 | 6,766 | 6,954 |
| Total Debt | 787 | 797 | 686 | 772 | 790 | 575 | 142 | 120 | 9 |
| Net Working Capital | 937 | 636 | 73 | 674 | 977 | 1,237 | 815 | 891 | 590 |
| Contingent Liabilities | 238 | 336 | 425 | 430 | 548 | 622 | 637 | 634 | 536 |
| Book Value per Share | 84.61 | 97.02 | 53.42 | 68.61 | 80.09 | 88.51 | 104.19 | 115.46 | 117.78 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 787 | 797 | 686 | 772 | 790 | 575 | 142 | 120 | 9 |
| Net Working Capital | 937 | 636 | 73 | 674 | 977 | 1,237 | 815 | 891 | 590 |
| Contingent Liabilities | 238 | 336 | 425 | 430 | 548 | 622 | 637 | 634 | 536 |
| Book Value per Share | 84.61 | 97.02 | 53.42 | 68.61 | 80.09 | 88.51 | 104.19 | 115.46 | 117.78 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2018
- Equity Capital
- 200
- 1,492
- 202
- Trade Payables
- 204
- 1,019
- Total Liabilities
- 3,117
- 1,030
- Capital Work in Progress
- 155
- 158
- 86
- 0
- Cash & Bank
- 967
- 720
- Total Assets
- 3,117
- Total Debt
- 787
- Net Working Capital
- 937
- Contingent Liabilities
- 238
- Book Value per Share
- 84.61
- Face Value
- 10.00
- Total Debt
- 787
- Net Working Capital
- 937
- Contingent Liabilities
- 238
- Book Value per Share
- 84.61
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 200
- 1,740
- 451
- Trade Payables
- 224
- 997
- Total Liabilities
- 3,612
- 1,337
- Capital Work in Progress
- 274
- 716
- 43
- 0
- Cash & Bank
- 437
- 805
- Total Assets
- 3,612
- Total Debt
- 797
- Net Working Capital
- 636
- Contingent Liabilities
- 336
- Book Value per Share
- 97.02
- Face Value
- 10.00
- Total Debt
- 797
- Net Working Capital
- 636
- Contingent Liabilities
- 336
- Book Value per Share
- 97.02
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 400
- 1,737
- 686
- Trade Payables
- 222
- 996
- Total Liabilities
- 4,040
- 1,984
- Capital Work in Progress
- 234
- 776
- 25
- 0
- Cash & Bank
- 282
- 739
- Total Assets
- 4,040
- Total Debt
- 686
- Net Working Capital
- 73
- Contingent Liabilities
- 425
- Book Value per Share
- 53.42
- Face Value
- 10.00
- Total Debt
- 686
- Net Working Capital
- 73
- Contingent Liabilities
- 425
- Book Value per Share
- 53.42
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 400
- 2,344
- 260
- Trade Payables
- 242
- 1,548
- Total Liabilities
- 4,794
- 2,163
- Capital Work in Progress
- 237
- 702
- 60
- 0
- Cash & Bank
- 643
- 989
- Total Assets
- 4,794
- Total Debt
- 772
- Net Working Capital
- 674
- Contingent Liabilities
- 430
- Book Value per Share
- 68.61
- Face Value
- 10.00
- Total Debt
- 772
- Net Working Capital
- 674
- Contingent Liabilities
- 430
- Book Value per Share
- 68.61
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 401
- 2,809
- 258
- Trade Payables
- 233
- 1,797
- Total Liabilities
- 5,498
- 2,354
- Capital Work in Progress
- 346
- 1,034
- 179
- 0
- Cash & Bank
- 518
- 1,066
- Total Assets
- 5,498
- Total Debt
- 790
- Net Working Capital
- 977
- Contingent Liabilities
- 548
- Book Value per Share
- 80.09
- Face Value
- 10.00
- Total Debt
- 790
- Net Working Capital
- 977
- Contingent Liabilities
- 548
- Book Value per Share
- 80.09
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 401
- 3,151
- 86
- Trade Payables
- 258
- 1,864
- Total Liabilities
- 5,761
- 2,619
- Capital Work in Progress
- 177
- 918
- 333
- 0
- Cash & Bank
- 532
- 1,183
- Total Assets
- 5,761
- Total Debt
- 575
- Net Working Capital
- 1,237
- Contingent Liabilities
- 622
- Book Value per Share
- 88.51
- Face Value
- 10.00
- Total Debt
- 575
- Net Working Capital
- 1,237
- Contingent Liabilities
- 622
- Book Value per Share
- 88.51
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 402
- 3,787
- 42
- Trade Payables
- 256
- 1,625
- Total Liabilities
- 6,111
- 2,809
- Capital Work in Progress
- 837
- 548
- 238
- 442
- Cash & Bank
- 564
- 674
- Total Assets
- 6,111
- Total Debt
- 142
- Net Working Capital
- 815
- Contingent Liabilities
- 637
- Book Value per Share
- 104.19
- Face Value
- 10.00
- Total Debt
- 142
- Net Working Capital
- 815
- Contingent Liabilities
- 637
- Book Value per Share
- 104.19
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 402
- 4,245
- 120
- Trade Payables
- 352
- 1,647
- Total Liabilities
- 6,766
- 2,767
- Capital Work in Progress
- 1,261
- 647
- 156
- 527
- Cash & Bank
- 787
- 622
- Total Assets
- 6,766
- Total Debt
- 120
- Net Working Capital
- 891
- Contingent Liabilities
- 634
- Book Value per Share
- 115.46
- Face Value
- 10.00
- Total Debt
- 120
- Net Working Capital
- 891
- Contingent Liabilities
- 634
- Book Value per Share
- 115.46
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 403
- 4,342
- 9
- Trade Payables
- 348
- 1,852
- Total Liabilities
- 6,954
- 2,968
- Capital Work in Progress
- 1,040
- 741
- 141
- 509
- Cash & Bank
- 833
- 721
- Total Assets
- 6,954
- Total Debt
- 9
- Net Working Capital
- 590
- Contingent Liabilities
- 536
- Book Value per Share
- 117.78
- Face Value
- 10.00
- Total Debt
- 9
- Net Working Capital
- 590
- Contingent Liabilities
- 536
- Book Value per Share
- 117.78
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 446 | 630 | 677 | 701 | 581 | 824 | 1,042 | 1,168 | 915 | |
| Cash from Investing | -349 | -646 | -428 | -628 | -612 | -656 | -496 | -745 | -860 |
| Cash from Financing | -79 | -72 | -226 | 58 | -31 | -342 | -551 | -142 | -215 |
| 18 | -88 | 23 | 131 | -62 | -175 | -5 | 281 | -160 | |
| Free Cash Flow | 446 | 52 | -130 | 261 | -7 | 394 | -82 | 459 | 545 |
| OCF / Net Profit | 1.46 | 1.90 | 1.64 | 1.73 | 1.47 | 1.77 | 2.04 | 2.35 | 2.89 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | 571 | 437 | 1,026 | 1,310 |
| OCF / Net Profit | 1.46 | 1.90 | 1.64 | 1.73 | 1.47 | 1.77 | 2.04 | 2.35 | 2.89 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | 571 | 437 | 1,026 | 1,310 |
Mar 2018
- 446
- Cash from Investing
- -349
- Cash from Financing
- -79
- 18
- Free Cash Flow
- 446
- OCF / Net Profit
- 1.46
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.46
- Cumulative 5-Year FCF
- 0
Mar 2019
- 630
- Cash from Investing
- -646
- Cash from Financing
- -72
- -88
- Free Cash Flow
- 52
- OCF / Net Profit
- 1.90
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.90
- Cumulative 5-Year FCF
- 0
Mar 2020
- 677
- Cash from Investing
- -428
- Cash from Financing
- -226
- 23
- Free Cash Flow
- -130
- OCF / Net Profit
- 1.64
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.64
- Cumulative 5-Year FCF
- 0
Mar 2021
- 701
- Cash from Investing
- -628
- Cash from Financing
- 58
- 131
- Free Cash Flow
- 261
- OCF / Net Profit
- 1.73
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.73
- Cumulative 5-Year FCF
- 0
Mar 2022
- 581
- Cash from Investing
- -612
- Cash from Financing
- -31
- -62
- Free Cash Flow
- -7
- OCF / Net Profit
- 1.47
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.47
- Cumulative 5-Year FCF
- 0
Mar 2023
- 824
- Cash from Investing
- -656
- Cash from Financing
- -342
- -175
- Free Cash Flow
- 394
- OCF / Net Profit
- 1.77
- Cumulative 5-Year FCF
- 571
- OCF / Net Profit
- 1.77
- Cumulative 5-Year FCF
- 571
Mar 2024
- 1,042
- Cash from Investing
- -496
- Cash from Financing
- -551
- -5
- Free Cash Flow
- -82
- OCF / Net Profit
- 2.04
- Cumulative 5-Year FCF
- 437
- OCF / Net Profit
- 2.04
- Cumulative 5-Year FCF
- 437
Mar 2025
- 1,168
- Cash from Investing
- -745
- Cash from Financing
- -142
- 281
- Free Cash Flow
- 459
- OCF / Net Profit
- 2.35
- Cumulative 5-Year FCF
- 1,026
- OCF / Net Profit
- 2.35
- Cumulative 5-Year FCF
- 1,026
Mar 2026
- 915
- Cash from Investing
- -860
- Cash from Financing
- -215
- -160
- Free Cash Flow
- 545
- OCF / Net Profit
- 2.89
- Cumulative 5-Year FCF
- 1,310
- OCF / Net Profit
- 2.89
- Cumulative 5-Year FCF
- 1,310
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 15.27 | 16.58 | 10.30 | 10.12 | 9.88 | 11.57 | 12.69 | 12.33 | 7.86 |
| Book Value (₹) | 84.61 | 97.02 | 53.42 | 68.61 | 80.09 | 88.51 | 104.19 | 115.46 | 117.78 |
| Dividend per Share (₹) | 1.00 | 0.50 | 0.00 | 0.00 | 1.00 | 1.25 | 1.25 | 1.25 | 1.25 |
| Cash EPS (₹) | 10.92 | 12.39 | 15.79 | 16.98 | 17.60 | 20.70 | 23.28 | 23.08 | 19.10 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 37.00% | 33.52% | 34.77% | 33.71% | 32.60% | 31.45% | 29.05% | 28.49% | 24.29% |
| Net Margin % | 21.46% | 18.16% | 20.48% | 18.54% | 15.20% | 14.53% | 14.60% | 13.57% | 8.43% |
| ROE % | 18.05% | 18.26% | 20.21% | 16.59% | 13.29% | 13.73% | 13.18% | 11.23% | 6.74% |
| ROCE % | 15.76% | 16.98% | 19.60% | 15.40% | 13.24% | 15.43% | 15.55% | 15.42% | 9.48% |
| 9.80% | 9.86% | 10.77% | 9.17% | 7.69% | 8.25% | 8.59% | 7.71% | 4.62% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - |
| Debtor Days | 68 | 61 | 67 | 73 | 69 | 59 | 51 | 48 | 50 |
| Inventory Days | 22 | 13 | 6 | 7 | 17 | 29 | 30 | 20 | 14 |
| Payable Days | -5502 | 2997 | 0 | -3357 | -4008 | -2133 | 1653 | 6484 | 0 |
| 5593 | -2924 | 73 | 3438 | 4094 | 2221 | -1572 | -6416 | 65 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.47x | 0.41x | 0.32x | 0.28x | 0.25x | 0.16x | 0.03x | 0.03x | 0.00x |
| Interest Coverage (x) | 17.41x | 13.86x | 15.94x | 17.94x | 21.10x | 14.13x | 14.15x | 13.43x | 9.42x |
| 2.20x | 1.56x | 1.05x | 1.59x | 1.80x | 2.04x | 1.71x | 1.64x | 1.38x | |
| GROWTH | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 0.00% | 28.28% | 10.20% | 8.57% | 19.22% | 22.61% | 9.26% | 4.41% | 2.64% |
| Operating Profit Growth % | 0.00% | 16.20% | 14.32% | 5.28% | 15.28% | 18.42% | 9.92% | 0.78% | -11.18% |
| Net Profit Growth % | 0.00% | 8.58% | 24.28% | -1.75% | -2.25% | 17.33% | 9.82% | -2.71% | -36.17% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 9.66% | -2.83% | -36.24% | |
| VALUATION | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 55.31x | 58.90x | 49.65x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 6.73x | 6.29x | 3.31x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.18% | 0.17% | 0.32% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 25.15x | 25.64x | 15.06x |
Mar 2018
- EPS (₹)
- 15.27
- Book Value (₹)
- 84.61
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 10.92
- Operating Margin %
- 37.00%
- Net Margin %
- 21.46%
- ROE %
- 18.05%
- ROCE %
- 15.76%
- 9.80%
- Debtor Days
- 68
- Inventory Days
- 22
- Payable Days
- -5502
- 5593
- Debt to Equity (x)
- 0.47x
- Interest Coverage (x)
- 17.41x
- 2.20x
- Revenue Growth %
- 0.00%
- Operating Profit Growth %
- 0.00%
- Net Profit Growth %
- 0.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 16.58
- Book Value (₹)
- 97.02
- Dividend per Share (₹)
- 0.50
- Cash EPS (₹)
- 12.39
- Operating Margin %
- 33.52%
- Net Margin %
- 18.16%
- ROE %
- 18.26%
- ROCE %
- 16.98%
- 9.86%
- Debtor Days
- 61
- Inventory Days
- 13
- Payable Days
- 2997
- -2924
- Debt to Equity (x)
- 0.41x
- Interest Coverage (x)
- 13.86x
- 1.56x
- Revenue Growth %
- 28.28%
- Operating Profit Growth %
- 16.20%
- Net Profit Growth %
- 8.58%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 10.30
- Book Value (₹)
- 53.42
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 15.79
- Operating Margin %
- 34.77%
- Net Margin %
- 20.48%
- ROE %
- 20.21%
- ROCE %
- 19.60%
- 10.77%
- Debtor Days
- 67
- Inventory Days
- 6
- Payable Days
- 0
- 73
- Debt to Equity (x)
- 0.32x
- Interest Coverage (x)
- 15.94x
- 1.05x
- Revenue Growth %
- 10.20%
- Operating Profit Growth %
- 14.32%
- Net Profit Growth %
- 24.28%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 10.12
- Book Value (₹)
- 68.61
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 16.98
- Operating Margin %
- 33.71%
- Net Margin %
- 18.54%
- ROE %
- 16.59%
- ROCE %
- 15.40%
- 9.17%
- Debtor Days
- 73
- Inventory Days
- 7
- Payable Days
- -3357
- 3438
- Debt to Equity (x)
- 0.28x
- Interest Coverage (x)
- 17.94x
- 1.59x
- Revenue Growth %
- 8.57%
- Operating Profit Growth %
- 5.28%
- Net Profit Growth %
- -1.75%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 9.88
- Book Value (₹)
- 80.09
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 17.60
- Operating Margin %
- 32.60%
- Net Margin %
- 15.20%
- ROE %
- 13.29%
- ROCE %
- 13.24%
- 7.69%
- Debtor Days
- 69
- Inventory Days
- 17
- Payable Days
- -4008
- 4094
- Debt to Equity (x)
- 0.25x
- Interest Coverage (x)
- 21.10x
- 1.80x
- Revenue Growth %
- 19.22%
- Operating Profit Growth %
- 15.28%
- Net Profit Growth %
- -2.25%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 11.57
- Book Value (₹)
- 88.51
- Dividend per Share (₹)
- 1.25
- Cash EPS (₹)
- 20.70
- Operating Margin %
- 31.45%
- Net Margin %
- 14.53%
- ROE %
- 13.73%
- ROCE %
- 15.43%
- 8.25%
- Debtor Days
- 59
- Inventory Days
- 29
- Payable Days
- -2133
- 2221
- Debt to Equity (x)
- 0.16x
- Interest Coverage (x)
- 14.13x
- 2.04x
- Revenue Growth %
- 22.61%
- Operating Profit Growth %
- 18.42%
- Net Profit Growth %
- 17.33%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 12.69
- Book Value (₹)
- 104.19
- Dividend per Share (₹)
- 1.25
- Cash EPS (₹)
- 23.28
- Operating Margin %
- 29.05%
- Net Margin %
- 14.60%
- ROE %
- 13.18%
- ROCE %
- 15.55%
- 8.59%
- Debtor Days
- 51
- Inventory Days
- 30
- Payable Days
- 1653
- -1572
- Debt to Equity (x)
- 0.03x
- Interest Coverage (x)
- 14.15x
- 1.71x
- Revenue Growth %
- 9.26%
- Operating Profit Growth %
- 9.92%
- Net Profit Growth %
- 9.82%
- 9.66%
- P/E (x)
- 55.31x
- P/B (x)
- 6.73x
- Dividend Yield %
- 0.18%
- 25.15x
Mar 2025
- EPS (₹)
- 12.33
- Book Value (₹)
- 115.46
- Dividend per Share (₹)
- 1.25
- Cash EPS (₹)
- 23.08
- Operating Margin %
- 28.49%
- Net Margin %
- 13.57%
- ROE %
- 11.23%
- ROCE %
- 15.42%
- 7.71%
- Debtor Days
- 48
- Inventory Days
- 20
- Payable Days
- 6484
- -6416
- Debt to Equity (x)
- 0.03x
- Interest Coverage (x)
- 13.43x
- 1.64x
- Revenue Growth %
- 4.41%
- Operating Profit Growth %
- 0.78%
- Net Profit Growth %
- -2.71%
- -2.83%
- P/E (x)
- 58.90x
- P/B (x)
- 6.29x
- Dividend Yield %
- 0.17%
- 25.64x
Mar 2026
- EPS (₹)
- 7.86
- Book Value (₹)
- 117.78
- Dividend per Share (₹)
- 1.25
- Cash EPS (₹)
- 19.10
- Operating Margin %
- 24.29%
- Net Margin %
- 8.43%
- ROE %
- 6.74%
- ROCE %
- 9.48%
- 4.62%
- Debtor Days
- 50
- Inventory Days
- 14
- Payable Days
- 0
- 65
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 9.42x
- 1.38x
- Revenue Growth %
- 2.64%
- Operating Profit Growth %
- -11.18%
- Net Profit Growth %
- -36.17%
- -36.24%
- P/E (x)
- 49.65x
- P/B (x)
- 3.31x
- Dividend Yield %
- 0.32%
- 15.06x
Documents
Announcements
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-10 - Syngene International Limited has informed the Exchange about Schedule of meet
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-06 - Syngene International Limited has informed the Exchange about Transcript
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Jul 2026
Apr 2026
Jan 2026

