Syngene International Ltd.
•₹ 407.252.97%
2026-08-21
PROS
- Company is almost debt free
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 2.31x)
- Working capital cycle has improved - days down from 76 to 49
- Company generates healthy free cash flow
- Company has a consistent dividend-paying track record
CONS
- Recent results are weak - TTM profit is down 54.8% versus prior year
- Company has a low return on equity of 9.8% over last 3 years
- Promoter holding has decreased over last 2 years: -2.1pp
- Company has delivered a poor profit growth of -5.5% over past five years
- Operating margins have contracted to 23.5% from 31.4%
- 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 | 282.55 | 190.38 | 22004.26 | 0.00 | -457.78 | -514.43 | 12668.15 | 1196.88 | 2.74 | 23.76 |
| 2. | SAGILITY | 42.62 | 20.09 | 19951.82 | 0.35 | 216.81 | 45.94 | 1963.48 | 27.59 | 13.82 | 22.32 |
| 3. | SYNGENE | 395.35 | 72.21 | 15959.06 | 0.32 | -9.00 | -110.38 | 736.00 | -15.84 | 9.48 | 12.34 |
| 4. | IGIL | 335.75 | 23.80 | 14509.76 | 1.49 | 165.74 | 30.98 | 370.78 | 23.22 | 77.00 | 60.35 |
| 5. | INDGN | 566.05 | 34.01 | 13636.22 | 0.40 | 1162.00 | 898.28 | 10631.00 | 1297.34 | 18.92 | 16.39 |
| 6. | LEAPIND | 166.65 | 117.76 | 7341.54 | 0.00 | — | — | — | — | 9.32 | — |
| 7. | NESCO | 1030.45 | 17.59 | 7260.55 | 0.68 | 93.05 | 5.00 | 251.62 | 31.05 | 19.23 | 46.86 |
| 8. | SPARC | 199.45 | 4.09 | 6472.58 | 0.00 | -20.78 | 59.94 | 39.92 | 314.11 | 163.94 | -85.17 |
| 9. | SMARTWORKS | 511.70 | 209.98 | 5852.88 | 0.00 | 13.15 | 413.27 | 546.25 | 44.05 | 52.26 | 63.33 |
| 10. | LATENTVIEW | 281.75 | 29.84 | 5830.11 | 0.00 | 47.10 | -6.84 | 286.88 | 21.55 | 16.69 | 19.76 |
| 11. | JUSTDIAL | 680.05 | 15.94 | 5783.76 | 0.00 | 115.74 | 38.44 | 270.27 | 16.23 | 12.88 | 26.17 |
| 12. | INDIQUBE | 189.15 | 0.00 | 4009.94 | 0.00 | -23.88 | 35.03 | 422.69 | 36.66 | 54.58 | 61.15 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 716 | 831 | 792 | 865 | 726 | 821 | 877 | 948 | 799 | 830 | 834 | 960 | 663 | |
| 552 | 614 | 592 | 565 | 578 | 613 | 627 | 638 | 631 | 653 | 650 | 676 | 684 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 23 | 21 | 29 | 15 | 18 | 16 | 19 | 18 | 17 | 14 | 14 | 22 | 25 |
| Interest | 6 | 9 | 6 | 8 | 7 | 7 | 7 | 10 | 6 | 7 | 6 | 6 | 4 |
| Depreciation | 89 | 91 | 94 | 96 | 92 | 94 | 92 | 90 | 95 | 100 | 97 | 95 | 96 |
| 92 | 131 | 125 | 210 | 99 | 124 | 170 | 229 | 84 | 84 | 30 | 197 | -10 | |
| Tax % | 17.70% | 22.26% | 19.97% | 9.79% | 25.20% | 22.28% | 27.50% | 23.74% | 12.11% | 21.38% | 45.18% | 24.66% | 79.00% |
| Net Profit | 75 | 102 | 100 | 190 | 74 | 97 | 123 | 174 | 74 | 66 | 16 | 148 | -2 |
| 2 | 3 | 2 | 5 | 2 | 2 | 3 | 4 | 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
- 716
- 552
- Operating Profit
- —
- OPM %
- —
- Other Income
- 23
- Interest
- 6
- Depreciation
- 89
- 92
- Tax %
- 17.70%
- Net Profit
- 75
- 2
- Equity Capital
- 402
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 402
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 831
- 614
- Operating Profit
- —
- OPM %
- —
- Other Income
- 21
- Interest
- 9
- Depreciation
- 91
- 131
- Tax %
- 22.26%
- Net Profit
- 102
- 3
- Equity Capital
- 402
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 402
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 792
- 592
- Operating Profit
- —
- OPM %
- —
- Other Income
- 29
- Interest
- 6
- Depreciation
- 94
- 125
- Tax %
- 19.97%
- Net Profit
- 100
- 2
- Equity Capital
- 402
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 402
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 865
- 565
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 8
- Depreciation
- 96
- 210
- Tax %
- 9.79%
- Net Profit
- 190
- 5
- Equity Capital
- 402
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 402
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 726
- 578
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 7
- Depreciation
- 92
- 99
- Tax %
- 25.20%
- Net Profit
- 74
- 2
- Equity Capital
- 402
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 402
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 821
- 613
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 7
- Depreciation
- 94
- 124
- Tax %
- 22.28%
- Net Profit
- 97
- 2
- Equity Capital
- 402
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 402
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 877
- 627
- Operating Profit
- —
- OPM %
- —
- Other Income
- 19
- Interest
- 7
- Depreciation
- 92
- 170
- Tax %
- 27.50%
- Net Profit
- 123
- 3
- Equity Capital
- 402
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 402
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 948
- 638
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 10
- Depreciation
- 90
- 229
- Tax %
- 23.74%
- Net Profit
- 174
- 4
- Equity Capital
- 402
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 402
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 799
- 631
- Operating Profit
- —
- OPM %
- —
- Other Income
- 17
- Interest
- 6
- Depreciation
- 95
- 84
- Tax %
- 12.11%
- Net Profit
- 74
- 2
- Equity Capital
- 403
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 403
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 830
- 653
- Operating Profit
- —
- OPM %
- —
- Other Income
- 14
- Interest
- 7
- Depreciation
- 100
- 84
- Tax %
- 21.38%
- Net Profit
- 66
- 2
- Equity Capital
- 403
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 403
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 834
- 650
- Operating Profit
- —
- OPM %
- —
- Other Income
- 14
- Interest
- 6
- Depreciation
- 97
- 30
- Tax %
- 45.18%
- Net Profit
- 16
- 0
- Equity Capital
- 403
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 403
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 960
- 676
- Operating Profit
- —
- OPM %
- —
- Other Income
- 22
- Interest
- 6
- Depreciation
- 95
- 197
- Tax %
- 24.66%
- Net Profit
- 148
- 4
- Equity Capital
- 403
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 403
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 663
- 684
- Operating Profit
- —
- OPM %
- —
- Other Income
- 25
- Interest
- 4
- Depreciation
- 96
- -10
- Tax %
- 79.00%
- Net Profit
- -2
- -0
- Equity Capital
- 404
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 404
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,201 | 1,423 | 1,826 | 2,012 | 2,179 | 2,601 | 3,194 | 3,203 | 3,373 | 3,424 | 3,288 | |
| 816 | 1,033 | 1,291 | 1,410 | 1,528 | 1,864 | 2,261 | 2,324 | 2,456 | 2,615 | 2,662 | |
| Operating Profit | 478 | 526 | 611 | 698 | 735 | 846 | 1,005 | 967 | 988 | 882 | — |
| OPM % | 40 | 37 | 33 | 35 | 34 | 33 | 31 | 30 | 29 | 26 | — |
| Other Income | 94 | 136 | 76 | 96 | 83 | 108 | 73 | 88 | 70 | 72 | 75 |
| Interest | 18 | 23 | 32 | 35 | 28 | 24 | 45 | 30 | 31 | 26 | 24 |
| Depreciation | 114 | 131 | 164 | 219 | 274 | 310 | 359 | 369 | 367 | 387 | 388 |
| 346 | 372 | 414 | 516 | 467 | 482 | 601 | 557 | 622 | 395 | 301 | |
| Tax % | 17 | 18 | 20 | 20 | 14 | 18 | 21 | 16 | 25 | 23 | 24 |
| Net Profit | 287 | 305 | 331 | 412 | 404 | 394 | 473 | 466 | 468 | 305 | 229 |
| EPS | 15 | 15 | 8 | 10 | 10 | 977 | 12 | 12 | 12 | 8 | — |
| Dividend Payout % | 7 | 7 | 3 | 0 | 0 | 10 | 11 | 11 | 11 | 17 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 7 | 8 | 8 | 10 | 10 | 10 | 12 | 12 | 12 | 8 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 7 | 8 | 8 | 10 | 10 | 10 | 12 | 12 | 12 | 8 | — |
Mar 2017
- 1,201
- 816
- Operating Profit
- 478
- OPM %
- 40
- Other Income
- 94
- Interest
- 18
- Depreciation
- 114
- 346
- Tax %
- 17
- Net Profit
- 287
- EPS
- 15
- Dividend Payout %
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
Mar 2018
- 1,423
- 1,033
- Operating Profit
- 526
- 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
- 1,291
- Operating Profit
- 611
- OPM %
- 33
- Other Income
- 76
- Interest
- 32
- Depreciation
- 164
- 414
- Tax %
- 20
- Net Profit
- 331
- 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
- 1,410
- Operating Profit
- 698
- OPM %
- 35
- Other Income
- 96
- Interest
- 35
- Depreciation
- 219
- 516
- 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
- 2,179
- 1,528
- Operating Profit
- 735
- OPM %
- 34
- Other Income
- 83
- Interest
- 28
- Depreciation
- 274
- 467
- Tax %
- 14
- Net Profit
- 404
- 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
- 2,601
- 1,864
- Operating Profit
- 846
- OPM %
- 33
- Other Income
- 108
- Interest
- 24
- Depreciation
- 310
- 482
- Tax %
- 18
- Net Profit
- 394
- EPS
- 977
- 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
- 3,194
- 2,261
- Operating Profit
- 1,005
- OPM %
- 31
- Other Income
- 73
- Interest
- 45
- Depreciation
- 359
- 601
- Tax %
- 21
- Net Profit
- 473
- 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
- 3,203
- 2,324
- Operating Profit
- 967
- OPM %
- 30
- Other Income
- 88
- Interest
- 30
- Depreciation
- 369
- 557
- Tax %
- 16
- Net Profit
- 466
- 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 2025
- 3,373
- 2,456
- Operating Profit
- 988
- OPM %
- 29
- Other Income
- 70
- Interest
- 31
- Depreciation
- 367
- 622
- Tax %
- 25
- Net Profit
- 468
- 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 2026
- 3,424
- 2,615
- Operating Profit
- 882
- OPM %
- 26
- Other Income
- 72
- Interest
- 26
- Depreciation
- 387
- 395
- Tax %
- 23
- Net Profit
- 305
- EPS
- 8
- Dividend Payout %
- 17
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
TTM
- 3,288
- 2,662
- Operating Profit
- —
- OPM %
- —
- Other Income
- 75
- Interest
- 24
- Depreciation
- 388
- 301
- Tax %
- 24
- Net Profit
- 229
- 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:
- 12%
- 5 Years:
- 9%
- 3 Years:
- 2%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 2%
- 5 Years:
- -5%
- 3 Years:
- -14%
STOCK PRICE CAGR
- 10 Years:
- 7%
- 5 Years:
- -8%
- 3 Years:
- -21%
- 1 Year:
- -39%
RETURN ON EQUITY
- 10 Years:
- 16%
- 5 Years:
- 11%
- 3 Years:
- 10%
- Last Year:
- 7%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 200 | 200 | 200 | 400 | 400 | 401 | 401 | 402 | 402 | 403 |
| 1,188 | 1,492 | 1,739 | 1,735 | 2,341 | 2,804 | 3,155 | 3,772 | 4,209 | 4,259 | |
| 117 | 202 | 451 | 686 | 260 | 258 | 86 | 42 | 102 | 0 | |
| Trade Payables | 102 | 203 | 224 | 223 | 239 | 235 | 260 | 254 | 346 | 310 |
| 1,104 | 1,019 | 997 | 996 | 1,548 | 1,797 | 1,866 | 1,314 | 1,317 | 1,507 | |
| Total Liabilities | 2,711 | 3,116 | 3,611 | 4,039 | 4,789 | 5,496 | 5,768 | 5,784 | 6,377 | 6,479 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 810 | 1,030 | 1,337 | 1,984 | 2,163 | 2,354 | 2,212 | 2,277 | 2,207 | 2,456 | |
| Capital Work in Progress | 175 | 155 | 274 | 234 | 237 | 346 | 126 | 758 | 875 | 536 |
| 540 | 158 | 716 | 777 | 702 | 1,034 | 941 | 928 | 1,468 | 1,564 | |
| 32 | 86 | 43 | 25 | 60 | 179 | 333 | 234 | 150 | 137 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 428 | 469 | 432 | |
| Cash & Bank | 527 | 966 | 435 | 280 | 638 | 515 | 509 | 528 | 652 | 724 |
| 626 | 720 | 805 | 739 | 988 | 1,066 | 1,647 | 632 | 554 | 630 | |
| Total Assets | 2,711 | 3,116 | 3,611 | 4,039 | 4,789 | 5,496 | 5,768 | 5,784 | 6,377 | 6,479 |
| Total Debt | 806 | 787 | 797 | 686 | 772 | 790 | 575 | 142 | 102 | 0 |
| Net Working Capital | 924 | 936 | 634 | 71 | 671 | 972 | 1,198 | 753 | 705 | 457 |
| Contingent Liabilities | 188 | 238 | 336 | 425 | 430 | 1,096 | 622 | 632 | 628 | 531 |
| Book Value per Share | 69.39 | 84.59 | 96.96 | 53.38 | 68.53 | 79.97 | 88.59 | 103.83 | 114.56 | 115.70 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 806 | 787 | 797 | 686 | 772 | 790 | 575 | 142 | 102 | 0 |
| Net Working Capital | 924 | 936 | 634 | 71 | 671 | 972 | 1,198 | 753 | 705 | 457 |
| Contingent Liabilities | 188 | 238 | 336 | 425 | 430 | 1,096 | 622 | 632 | 628 | 531 |
| Book Value per Share | 69.39 | 84.59 | 96.96 | 53.38 | 68.53 | 79.97 | 88.59 | 103.83 | 114.56 | 115.70 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2017
- Equity Capital
- 200
- 1,188
- 117
- Trade Payables
- 102
- 1,104
- Total Liabilities
- 2,711
- 810
- Capital Work in Progress
- 175
- 540
- 32
- 0
- Cash & Bank
- 527
- 626
- Total Assets
- 2,711
- Total Debt
- 806
- Net Working Capital
- 924
- Contingent Liabilities
- 188
- Book Value per Share
- 69.39
- Face Value
- 10.00
- Total Debt
- 806
- Net Working Capital
- 924
- Contingent Liabilities
- 188
- Book Value per Share
- 69.39
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 200
- 1,492
- 202
- Trade Payables
- 203
- 1,019
- Total Liabilities
- 3,116
- 1,030
- Capital Work in Progress
- 155
- 158
- 86
- 0
- Cash & Bank
- 966
- 720
- Total Assets
- 3,116
- Total Debt
- 787
- Net Working Capital
- 936
- Contingent Liabilities
- 238
- Book Value per Share
- 84.59
- Face Value
- 10.00
- Total Debt
- 787
- Net Working Capital
- 936
- Contingent Liabilities
- 238
- Book Value per Share
- 84.59
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 200
- 1,739
- 451
- Trade Payables
- 224
- 997
- Total Liabilities
- 3,611
- 1,337
- Capital Work in Progress
- 274
- 716
- 43
- 0
- Cash & Bank
- 435
- 805
- Total Assets
- 3,611
- Total Debt
- 797
- Net Working Capital
- 634
- Contingent Liabilities
- 336
- Book Value per Share
- 96.96
- Face Value
- 10.00
- Total Debt
- 797
- Net Working Capital
- 634
- Contingent Liabilities
- 336
- Book Value per Share
- 96.96
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 400
- 1,735
- 686
- Trade Payables
- 223
- 996
- Total Liabilities
- 4,039
- 1,984
- Capital Work in Progress
- 234
- 777
- 25
- 0
- Cash & Bank
- 280
- 739
- Total Assets
- 4,039
- Total Debt
- 686
- Net Working Capital
- 71
- Contingent Liabilities
- 425
- Book Value per Share
- 53.38
- Face Value
- 10.00
- Total Debt
- 686
- Net Working Capital
- 71
- Contingent Liabilities
- 425
- Book Value per Share
- 53.38
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 400
- 2,341
- 260
- Trade Payables
- 239
- 1,548
- Total Liabilities
- 4,789
- 2,163
- Capital Work in Progress
- 237
- 702
- 60
- 0
- Cash & Bank
- 638
- 988
- Total Assets
- 4,789
- Total Debt
- 772
- Net Working Capital
- 671
- Contingent Liabilities
- 430
- Book Value per Share
- 68.53
- Face Value
- 10.00
- Total Debt
- 772
- Net Working Capital
- 671
- Contingent Liabilities
- 430
- Book Value per Share
- 68.53
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 401
- 2,804
- 258
- Trade Payables
- 235
- 1,797
- Total Liabilities
- 5,496
- 2,354
- Capital Work in Progress
- 346
- 1,034
- 179
- 0
- Cash & Bank
- 515
- 1,066
- Total Assets
- 5,496
- Total Debt
- 790
- Net Working Capital
- 972
- Contingent Liabilities
- 1,096
- Book Value per Share
- 79.97
- Face Value
- 10.00
- Total Debt
- 790
- Net Working Capital
- 972
- Contingent Liabilities
- 1,096
- Book Value per Share
- 79.97
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 401
- 3,155
- 86
- Trade Payables
- 260
- 1,866
- Total Liabilities
- 5,768
- 2,212
- Capital Work in Progress
- 126
- 941
- 333
- 0
- Cash & Bank
- 509
- 1,647
- Total Assets
- 5,768
- Total Debt
- 575
- Net Working Capital
- 1,198
- Contingent Liabilities
- 622
- Book Value per Share
- 88.59
- Face Value
- 10.00
- Total Debt
- 575
- Net Working Capital
- 1,198
- Contingent Liabilities
- 622
- Book Value per Share
- 88.59
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 402
- 3,772
- 42
- Trade Payables
- 254
- 1,314
- Total Liabilities
- 5,784
- 2,277
- Capital Work in Progress
- 758
- 928
- 234
- 428
- Cash & Bank
- 528
- 632
- Total Assets
- 5,784
- Total Debt
- 142
- Net Working Capital
- 753
- Contingent Liabilities
- 632
- Book Value per Share
- 103.83
- Face Value
- 10.00
- Total Debt
- 142
- Net Working Capital
- 753
- Contingent Liabilities
- 632
- Book Value per Share
- 103.83
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 402
- 4,209
- 102
- Trade Payables
- 346
- 1,317
- Total Liabilities
- 6,377
- 2,207
- Capital Work in Progress
- 875
- 1,468
- 150
- 469
- Cash & Bank
- 652
- 554
- Total Assets
- 6,377
- Total Debt
- 102
- Net Working Capital
- 705
- Contingent Liabilities
- 628
- Book Value per Share
- 114.56
- Face Value
- 10.00
- Total Debt
- 102
- Net Working Capital
- 705
- Contingent Liabilities
- 628
- Book Value per Share
- 114.56
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 403
- 4,259
- 0
- Trade Payables
- 310
- 1,507
- Total Liabilities
- 6,479
- 2,456
- Capital Work in Progress
- 536
- 1,564
- 137
- 432
- Cash & Bank
- 724
- 630
- Total Assets
- 6,479
- Total Debt
- 0
- Net Working Capital
- 457
- Contingent Liabilities
- 531
- Book Value per Share
- 115.70
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 457
- Contingent Liabilities
- 531
- Book Value per Share
- 115.70
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 398 | 446 | 630 | 677 | 698 | 582 | 838 | 913 | 1,114 | 831 | |
| Cash from Investing | -469 | -350 | -646 | -428 | -628 | -612 | -688 | -384 | -810 | -784 |
| Cash from Financing | -81 | -79 | -72 | -226 | 58 | -31 | -340 | -536 | -136 | -178 |
| -152 | 17 | -89 | 24 | 128 | -61 | -190 | -6 | 167 | -131 | |
| Free Cash Flow | 239 | 136 | 51 | -129 | 258 | -5 | 838 | -19 | 807 | 598 |
| OCF / Net Profit | 1.39 | 1.46 | 1.90 | 1.65 | 1.73 | 1.48 | 1.77 | 1.96 | 2.38 | 2.73 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 556 | 311 | 1,013 | 943 | 1,880 | 2,219 |
| OCF / Net Profit | 1.39 | 1.46 | 1.90 | 1.65 | 1.73 | 1.48 | 1.77 | 1.96 | 2.38 | 2.73 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 556 | 311 | 1,013 | 943 | 1,880 | 2,219 |
Mar 2017
- 398
- Cash from Investing
- -469
- Cash from Financing
- -81
- -152
- Free Cash Flow
- 239
- OCF / Net Profit
- 1.39
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.39
- Cumulative 5-Year FCF
- 0
Mar 2018
- 446
- Cash from Investing
- -350
- Cash from Financing
- -79
- 17
- Free Cash Flow
- 136
- 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
- -89
- Free Cash Flow
- 51
- 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
- 24
- Free Cash Flow
- -129
- OCF / Net Profit
- 1.65
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.65
- Cumulative 5-Year FCF
- 0
Mar 2021
- 698
- Cash from Investing
- -628
- Cash from Financing
- 58
- 128
- Free Cash Flow
- 258
- OCF / Net Profit
- 1.73
- Cumulative 5-Year FCF
- 556
- OCF / Net Profit
- 1.73
- Cumulative 5-Year FCF
- 556
Mar 2022
- 582
- Cash from Investing
- -612
- Cash from Financing
- -31
- -61
- Free Cash Flow
- -5
- OCF / Net Profit
- 1.48
- Cumulative 5-Year FCF
- 311
- OCF / Net Profit
- 1.48
- Cumulative 5-Year FCF
- 311
Mar 2023
- 838
- Cash from Investing
- -688
- Cash from Financing
- -340
- -190
- Free Cash Flow
- 838
- OCF / Net Profit
- 1.77
- Cumulative 5-Year FCF
- 1,013
- OCF / Net Profit
- 1.77
- Cumulative 5-Year FCF
- 1,013
Mar 2024
- 913
- Cash from Investing
- -384
- Cash from Financing
- -536
- -6
- Free Cash Flow
- -19
- OCF / Net Profit
- 1.96
- Cumulative 5-Year FCF
- 943
- OCF / Net Profit
- 1.96
- Cumulative 5-Year FCF
- 943
Mar 2025
- 1,114
- Cash from Investing
- -810
- Cash from Financing
- -136
- 167
- Free Cash Flow
- 807
- OCF / Net Profit
- 2.38
- Cumulative 5-Year FCF
- 1,880
- OCF / Net Profit
- 2.38
- Cumulative 5-Year FCF
- 1,880
Mar 2026
- 831
- Cash from Investing
- -784
- Cash from Financing
- -178
- -131
- Free Cash Flow
- 598
- OCF / Net Profit
- 2.73
- Cumulative 5-Year FCF
- 2,219
- OCF / Net Profit
- 2.73
- Cumulative 5-Year FCF
- 2,219
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 14.37 | 15.26 | 16.54 | 10.29 | 10.09 | 9.83 | 11.78 | 11.60 | 11.63 | 7.57 |
| Book Value (₹) | 69.39 | 84.59 | 96.96 | 53.38 | 68.53 | 79.97 | 88.59 | 103.83 | 114.56 | 115.70 |
| Dividend per Share (₹) | 1.00 | 1.00 | 0.50 | 0.00 | 0.00 | 1.00 | 1.25 | 1.25 | 1.25 | 1.25 |
| Cash EPS (₹) | 10.04 | 10.91 | 12.37 | 15.77 | 16.95 | 17.55 | 20.73 | 20.78 | 20.75 | 17.18 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 39.83% | 36.98% | 33.45% | 34.71% | 33.71% | 32.53% | 31.44% | 27.40% | 27.09% | 23.52% |
| Net Margin % | 23.92% | 21.44% | 18.11% | 20.45% | 18.52% | 15.14% | 14.79% | 14.55% | 13.82% | 8.87% |
| ROE % | 24.00% | 19.81% | 18.21% | 20.20% | 16.56% | 13.24% | 13.99% | 12.07% | 10.65% | 6.58% |
| ROCE % | 17.60% | 16.70% | 16.94% | 19.57% | 15.35% | 13.19% | 15.61% | 13.76% | 14.39% | 8.92% |
| 11.50% | 10.47% | 9.83% | 10.76% | 9.15% | 7.66% | 8.40% | 8.08% | 7.70% | 4.74% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 58 | 60 | 61 | 67 | 73 | 69 | 57 | 52 | 48 | 48 |
| Inventory Days | 11 | 15 | 13 | 6 | 7 | 17 | 29 | 32 | 21 | 15 |
| Payable Days | 0 | -4135 | 2997 | 0 | -3345 | -4008 | -2154 | 1659 | 6409 | 0 |
| 69 | 4210 | -2923 | 73 | 3425 | 4094 | 2240 | -1574 | -6340 | 63 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.58x | 0.47x | 0.41x | 0.32x | 0.28x | 0.25x | 0.16x | 0.03x | 0.02x | 0.00x |
| Interest Coverage (x) | 20.80x | 17.39x | 13.82x | 15.90x | 17.87x | 20.99x | 14.29x | 19.89x | 20.92x | 16.20x |
| 2.54x | 2.19x | 1.56x | 1.05x | 1.59x | 1.79x | 2.04x | 1.69x | 1.53x | 1.32x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 8.48% | 18.50% | 28.28% | 10.20% | 8.33% | 19.36% | 22.76% | 0.30% | 5.31% | 1.50% |
| Operating Profit Growth % | 23.69% | 10.01% | 16.06% | 14.34% | 5.20% | 15.19% | 18.79% | -3.83% | 2.20% | -10.78% |
| Net Profit Growth % | 19.31% | 6.20% | 8.39% | 24.43% | -1.90% | -2.45% | 20.11% | -1.37% | 0.32% | -34.85% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -1.52% | 0.20% | -34.92% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 60.47x | 62.45x | 51.57x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 6.76x | 6.34x | 3.37x |
| Dividend Yield % | 0.00% | 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 | 0.00x | 28.78x | 29.02x | 17.02x |
Mar 2017
- EPS (₹)
- 14.37
- Book Value (₹)
- 69.39
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 10.04
- Operating Margin %
- 39.83%
- Net Margin %
- 23.92%
- ROE %
- 24.00%
- ROCE %
- 17.60%
- 11.50%
- Debtor Days
- 58
- Inventory Days
- 11
- Payable Days
- 0
- 69
- Debt to Equity (x)
- 0.58x
- Interest Coverage (x)
- 20.80x
- 2.54x
- Revenue Growth %
- 8.48%
- Operating Profit Growth %
- 23.69%
- Net Profit Growth %
- 19.31%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 15.26
- Book Value (₹)
- 84.59
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 10.91
- Operating Margin %
- 36.98%
- Net Margin %
- 21.44%
- ROE %
- 19.81%
- ROCE %
- 16.70%
- 10.47%
- Debtor Days
- 60
- Inventory Days
- 15
- Payable Days
- -4135
- 4210
- Debt to Equity (x)
- 0.47x
- Interest Coverage (x)
- 17.39x
- 2.19x
- Revenue Growth %
- 18.50%
- Operating Profit Growth %
- 10.01%
- Net Profit Growth %
- 6.20%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 16.54
- Book Value (₹)
- 96.96
- Dividend per Share (₹)
- 0.50
- Cash EPS (₹)
- 12.37
- Operating Margin %
- 33.45%
- Net Margin %
- 18.11%
- ROE %
- 18.21%
- ROCE %
- 16.94%
- 9.83%
- Debtor Days
- 61
- Inventory Days
- 13
- Payable Days
- 2997
- -2923
- Debt to Equity (x)
- 0.41x
- Interest Coverage (x)
- 13.82x
- 1.56x
- Revenue Growth %
- 28.28%
- Operating Profit Growth %
- 16.06%
- Net Profit Growth %
- 8.39%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 10.29
- Book Value (₹)
- 53.38
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 15.77
- Operating Margin %
- 34.71%
- Net Margin %
- 20.45%
- ROE %
- 20.20%
- ROCE %
- 19.57%
- 10.76%
- Debtor Days
- 67
- Inventory Days
- 6
- Payable Days
- 0
- 73
- Debt to Equity (x)
- 0.32x
- Interest Coverage (x)
- 15.90x
- 1.05x
- Revenue Growth %
- 10.20%
- Operating Profit Growth %
- 14.34%
- Net Profit Growth %
- 24.43%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 10.09
- Book Value (₹)
- 68.53
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 16.95
- Operating Margin %
- 33.71%
- Net Margin %
- 18.52%
- ROE %
- 16.56%
- ROCE %
- 15.35%
- 9.15%
- Debtor Days
- 73
- Inventory Days
- 7
- Payable Days
- -3345
- 3425
- Debt to Equity (x)
- 0.28x
- Interest Coverage (x)
- 17.87x
- 1.59x
- Revenue Growth %
- 8.33%
- Operating Profit Growth %
- 5.20%
- Net Profit Growth %
- -1.90%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 9.83
- Book Value (₹)
- 79.97
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 17.55
- Operating Margin %
- 32.53%
- Net Margin %
- 15.14%
- ROE %
- 13.24%
- ROCE %
- 13.19%
- 7.66%
- Debtor Days
- 69
- Inventory Days
- 17
- Payable Days
- -4008
- 4094
- Debt to Equity (x)
- 0.25x
- Interest Coverage (x)
- 20.99x
- 1.79x
- Revenue Growth %
- 19.36%
- Operating Profit Growth %
- 15.19%
- Net Profit Growth %
- -2.45%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 11.78
- Book Value (₹)
- 88.59
- Dividend per Share (₹)
- 1.25
- Cash EPS (₹)
- 20.73
- Operating Margin %
- 31.44%
- Net Margin %
- 14.79%
- ROE %
- 13.99%
- ROCE %
- 15.61%
- 8.40%
- Debtor Days
- 57
- Inventory Days
- 29
- Payable Days
- -2154
- 2240
- Debt to Equity (x)
- 0.16x
- Interest Coverage (x)
- 14.29x
- 2.04x
- Revenue Growth %
- 22.76%
- Operating Profit Growth %
- 18.79%
- Net Profit Growth %
- 20.11%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 11.60
- Book Value (₹)
- 103.83
- Dividend per Share (₹)
- 1.25
- Cash EPS (₹)
- 20.78
- Operating Margin %
- 27.40%
- Net Margin %
- 14.55%
- ROE %
- 12.07%
- ROCE %
- 13.76%
- 8.08%
- Debtor Days
- 52
- Inventory Days
- 32
- Payable Days
- 1659
- -1574
- Debt to Equity (x)
- 0.03x
- Interest Coverage (x)
- 19.89x
- 1.69x
- Revenue Growth %
- 0.30%
- Operating Profit Growth %
- -3.83%
- Net Profit Growth %
- -1.37%
- -1.52%
- P/E (x)
- 60.47x
- P/B (x)
- 6.76x
- Dividend Yield %
- 0.18%
- 28.78x
Mar 2025
- EPS (₹)
- 11.63
- Book Value (₹)
- 114.56
- Dividend per Share (₹)
- 1.25
- Cash EPS (₹)
- 20.75
- Operating Margin %
- 27.09%
- Net Margin %
- 13.82%
- ROE %
- 10.65%
- ROCE %
- 14.39%
- 7.70%
- Debtor Days
- 48
- Inventory Days
- 21
- Payable Days
- 6409
- -6340
- Debt to Equity (x)
- 0.02x
- Interest Coverage (x)
- 20.92x
- 1.53x
- Revenue Growth %
- 5.31%
- Operating Profit Growth %
- 2.20%
- Net Profit Growth %
- 0.32%
- 0.20%
- P/E (x)
- 62.45x
- P/B (x)
- 6.34x
- Dividend Yield %
- 0.17%
- 29.02x
Mar 2026
- EPS (₹)
- 7.57
- Book Value (₹)
- 115.70
- Dividend per Share (₹)
- 1.25
- Cash EPS (₹)
- 17.18
- Operating Margin %
- 23.52%
- Net Margin %
- 8.87%
- ROE %
- 6.58%
- ROCE %
- 8.92%
- 4.74%
- Debtor Days
- 48
- Inventory Days
- 15
- Payable Days
- 0
- 63
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 16.20x
- 1.32x
- Revenue Growth %
- 1.50%
- Operating Profit Growth %
- -10.78%
- Net Profit Growth %
- -34.85%
- -34.92%
- P/E (x)
- 51.57x
- P/B (x)
- 3.37x
- Dividend Yield %
- 0.32%
- 17.02x
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