Syrma SGS Elemaster Private Limited, its joint venture with Elemaster S.P.A. Tecnologie Elettroniche, inaugurated a new facility in Bengaluru
Syrma SGS Technology has recently announced a 71% year-on-year increase in total revenue for the first half of FY27. The profit after tax (PAT) nearly doubled, reflecting growth across its automotive, industrial and export businesses.
According to the data shared by Syrma in the quarter ended September 30, 2026, it created total revenue of ₹2,000 crore. It showcased a 73% year-on-year increase. The growth has showcased demand from the automotive and industrial sectors, along with an 80% rise in exports.
Commenting on the performance, Jasbir Singh Gujral, Managing Director of Syrma SGS Technology, said the company maintained customer commitments despite industry-wide component constraints. It also brought working capital down to 63 days and reported strongly positive operating cash flow for the first half of FY27.
The company is continuing to expand its manufacturing capabilities and strengthen its presence across high-growth sectors. As part of this strategy, Syrma SGS Elemaster Private Limited, its joint venture with Elemaster S.P.A. Tecnologie Elettroniche, inaugurated a new facility in Bengaluru. The facility is expected to strengthen the joint venture’s manufacturing capabilities and support its presence in high-growth sectors.
Additionally, Syrma Johari MedTech, a subsidiary of Syrma SGS Technology, inaugurated a new medical plastics and precision molding facility in Jodhpur. The facility will strengthen the company’s MedTech manufacturing capabilities and support global medical-device programmes.
Syrma SGS is also advancing its printed circuit board (PCB) project as a new growth pillar while focusing on expanding its global footprint and scaling its niche, technology-intensive business segments.
