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Bhavya Gandhi

Bajaj Alternate Investment Management Limited
SYRMA

Syrma SGS Technology Limited

All company calls
Syrma SGS Technology Limited CC-May26.pdf
12 May 2026
Open call
  1. My first question is regarding the total order book. Between December and March, our order book has grown by almost 3% versus our historical run rate of 7% to 10%. If you can explain, is there any slowdown in terms of order intake or what is the reason for this? Better execution or any other factors, if you can provide?

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  2. Right. Basis the current order book and run rate, the overall revenue growth for the next year comes to 24%, whereas you are guiding for 35%. So are we seeing any order pipeline that we are expecting order intake in coming quarters?

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  3. Got it, sir. Got it. Wonderful. Sir, just in terms of cash, we are around INR470 crores of net cash at this point in time and basis your capex that you announced for the PCB, if I'm not wrong, we have to spend around INR1,400 crores. So after a year, we will be short of cash in terms of -- if we assume another INR200 crores, INR300 crores of operating cash flows also next year, still will be short of cash.

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