MarketFriction

Synergy Green Industries Ltd

NSE SGIL · BSE 541929 · Castings & Forgings
₹613.85 -7.86%
NSE close2026-10-01
52 week range420.00 - 697.95
Market cap₹1,012 Cr.
Price band 20% Delivery 50.2%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales7288827989979784729211975
Expenses6278736876838372638410970
Operating Profit101010101314151198105
OPM %14%11%12%13%15%14%15%14%13%9%9%6%
Other Income001001022141
Interest333344455577
Depreciation333334334589
Profit before tax444467853-10-11
Tax %27%28%19%28%33%15%50%34%29%21%-29%-5%
Net Profit333346432-10-10
EPS in Rs2.071.682.101.902.683.832.472.171.52-0.960.26-6.50
Mar 2011Mar 2012Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales00103165208199284290326362366358
Expenses0086145185174260264287310327325
Operating Profit0016202224242639523933
OPM %16%12%11%12%8%9%12%14%11%9%
Other Income000111112198
Interest00791011121413162123
Depreciation006778111212132026
Profit before tax0035653116258-8
Tax %-60%12%47%39%53%-25%26%32%38%
Net Profit0055331112175-9
EPS in Rs0.004.092.942.152.050.920.567.4610.873.00-5.68
Dividend Payout %0%0%0%0%0%0%0%9%33%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%13%8%-2%
Compounded Profit Growth%10%86%-152%
Stock Price CAGR%36%39%24%
Return on Equity%12%15%5%
Mar 2011Mar 2012Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital0.015101414141414141616
Reserves22-121317192021339296
Borrowings03252615976828480156250
Other Liabilities035856576678637178111
Total Liabilities242108145146175194182198342473
Fixed Assets0233335863766979100250
CWIP037041371193447
Investments00000000000
Other Assets237510788109111102111208176
Total Assets242108145146175194182198342473
Mar 2011Mar 2012Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity0015112611282638-1619
Cash from Investing Activity-2-36-6-23-16-18-25-14-19-87-94
Cash from Financing Activity236-912-87-5-12-1510174
Net Cash Flow0-0-0020-204-2-2
Free Cash Flow-2-3610-2-2-731619-104-120
CFO/OP90%58%120%44%113%96%105%-20%53%
Mar 2011Mar 2012Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days646529534228385765
Inventory Days557314215278189186154141164
Days Payable736337226296202154147158186
Cash Conversion Cycle-1164218352961454143
Working Capital Days-215-4-3-8-6-22-51-43
ROCE %0%20%18%17%13%12%24%21%9%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters74.02%74.02%74.02%74.02%74.04%69.76%69.81%69.84%69.39%69.45%69.50%69.50%
FIIs4.57%3.23%2.60%2.86%0.20%0.27%0.21%0.60%0.42%0.25%0.22%0.23%
DIIs1.25%0.76%0.76%0.76%0.00%0.00%0.00%0.00%0.00%0.00%1.51%1.73%
Public20.17%21.99%22.61%22.35%25.75%29.96%29.96%29.57%30.20%30.29%28.72%28.47%
Others0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.05%0.05%
No. of Shareholders4,8756,5128,8679,33514,95614,58113,91612,92913,18012,03210,89710,203

Fundamentals

Market Cap₹ 1,012 Cr.
Current Price₹ 657
Book Value₹ 71.5
ROCE9.24 %
ROE4.55 %
Dividend Yield0.15 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-2%
Compounded Profit Growth (TTM)-152%
Standalone figures.
Valuation
Market capRs 954 Cr
Enterprise valueRs 1,192 Cr
Price to book8.58x
Price to sales2.66x
EV / EBITDA29.21x
EV / EBIT79.21x
EV / sales3.33x
Price to cash flow49.49x
Earnings yield-0.93%
Dividend yield0.16%
P/E, 3-year average78.92x
P/B, 3-year average7.52x
P/E, 5-year average119.90x
P/B, 5-year average6.90x
Profitability
Operating margin (excl. other income)10.75%
Operating margin (incl. other income)13.28%
EBITDA margin11.40%
Pre-tax margin-2.31%
Net profit margin-2.47%
Net margin, latest quarter-13.45%
ROE4.26%
ROCE9.07%
ROA1.14%
ROE, 3-year average18.14%
ROCE, 3-year average17.85%
ROA, 3-year average4.50%
ROE, 5-year average12.24%
ROCE, 5-year average15.81%
ROA, 5-year average2.94%
ROIC (approx.)2.65%
Tax rate38.41%
Other income / net worth8.36%
Growth
Sales growth (latest year)1.15%
Profit growth (latest year)-72.41%
Sales CAGR, 3 years8.14%
Sales CAGR, 5 years13.02%
Profit CAGR, 3 years74.97%
Profit CAGR, 5 years7.94%
Sales growth QoQ-36.87%
Profit growth QoQ-2565.85%
Sales growth YoY (latest quarter)-10.06%
Profit growth YoY (latest quarter)-399.11%
Per share
EPS (TTM)Rs -5.68
EPS (latest year)Rs 3.00
EPS (latest quarter)Rs -6.51
EPS, 3-year averageRs 7.35
EPS, 5-year averageRs 4.74
Book value per shareRs 71.51
Sales per shareRs 230.45
Cash flow per shareRs 12.40
Free cash flow per shareRs -77.24
Dividend per share (latest year)Rs 1.00
Dividend per share, 3-year averageRs 1.00
Dividend per share, 5-year averageRs 1.00
Dividends
Dividend payout33.26%
Dividend payout, 3-year average21.22%
Dividend payout, 5-year average21.22%
Efficiency
Asset turnover0.78x
Fixed asset turnover1.47x
Inventory turnover4.38x
Inventory days83 days
Debtor days65 days
Debtors turnover5.64x
Creditor days186 days
Cash conversion cycle43 days
Working capital days-43 days
Leverage
Total debtRs 250 Cr
Cash and bankRs 12 Cr
Net debtRs 238 Cr
Debt to equity2.25x
Net debt / EBITDA5.84x
Interest coverage0.65x
Current ratio (filing 2026-03-31)0.85x
Quick ratio (filing 2026-03-31)0.54x
Trade payables (filing 2026-03-31)Rs 71 Cr
Owners' fund to total sources23.50%
Debt to assets52.97%
Cash flow
Cash from Operating Activity (latest year)Rs 19 Cr
Cash from Investing Activity (latest year)Rs -94 Cr
Cash from Financing Activity (latest year)Rs 74 Cr
Net Cash Flow (latest year)Rs -2 Cr
Free cash flow (latest year)Rs -120 Cr
FCFE (approx.: FCF + change in debt)Rs -26 Cr
Cash from ops / profit, 5 years2.64x
Sales to cash flow19.02x
Statement figures
Net sales (TTM)Rs 358 Cr
Net sales (latest year)Rs 366 Cr
Sales (latest quarter)Rs 75 Cr
Operating profit excl. other income (latest year)Rs 39 Cr
Operating profit (latest quarter)Rs 5 Cr
Other income (TTM)Rs 8 Cr
EBITDA (TTM)Rs 41 Cr
PBDT (TTM)Rs 17 Cr
Profit before tax (TTM)Rs -8 Cr
Tax (latest year)Rs 3 Cr
Net profit (TTM)Rs -9 Cr
Net profit (latest year)Rs 5 Cr
Net profit (latest quarter)Rs -10 Cr
Depreciation (TTM)Rs 26 Cr
Depreciation (latest quarter)Rs 9 Cr
Interest (TTM)Rs 23 Cr
Cost of goods sold (latest year)Rs 275 Cr
Total expenditure (latest year)Rs 327 Cr
Total income (latest year)Rs 376 Cr
Share capitalRs 16 Cr
ReservesRs 96 Cr
Shareholders' fundsRs 111 Cr
Total assetsRs 473 Cr
Net blockRs 250 Cr
Capital work in progressRs 47 Cr
ReceivablesRs 65 Cr
InventoryRs 63 Cr
Other liabilitiesRs 111 Cr
Shares outstanding (crore)1.55
Ownership
Promoter holding69.50% (-0.34 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 8.58 is at the 68th percentile (median 7.56).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodSGILNifty 50Difference
1 week-5.1%-2.8% -2.3 pts
1 month+1.9%-6.8% +8.7 pts
3 months+9.5%-7.6% +17.2 pts
6 months+28.5%+0.4% +28.1 pts
1 year+11.6%-9.9% +21.5 pts
2 years+41.5%-13.6% +55.1 pts
3 years+142.3%+14.2% +128.2 pts
5 years+331.1%+27.9% +303.2 pts

Red flags

F-score 4 of 8
explainDebt up, profit down Borrowings up 60% while net profit fell in 2026
explainLow interest cover Interest cover 1.4x in 2026
lookProfit leans on other income Other income was 123% of pre-tax profit in 2026
lookAuditor change Auditor change 2026-05-19: Synergy Green Industries Limited has informed the Exchange regarding Change in Auditors of the company.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹75 Cr -10.7% vs Jun 2025. Net loss ₹10 Cr.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2025-09-17Dividend - Re 1 Per Share
2024-09-11Rights 1:10 @ Premium Rs 315/-
DateTypeWhat it says
2026-09-29ESOP grantOptions to purchase securities
2026-08-18Concall / analyst meetTranscript
2026-08-14Concall / analyst meetPresentation and Link of Recording
2026-08-13Credit RatingCredit Rating
2026-08-13Investor PresentationInvestor Presentation
2026-08-13General UpdatesGeneral Updates
2026-08-13Board meeting outcomeSynergy Green Industries Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-08-12Concall / analyst meetSchedule of meet
2026-07-25Shareholder meetingVoting results.
2026-07-23Shareholder meetingProceedings of Annual General Meeting held on July 23, 2026
2026-07-03CorrigendumCorrigendum to the 16th Annual Report of the Company.
2026-07-01Shareholder meetingNotice of Annual General Meeting to be held on July 23, 2026
2026-06-03Disclosure under SEBI TakeovSynergy Green Industries Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of Ind...
2026-05-22Concall / analyst meetTranscript
2026-05-20Concall / analyst meetLink of Recording
2026-05-19Change in AuditorsChange in Auditors of the company.
2026-05-19Investor PresentationInvestor Presentation
2026-05-19General UpdatesGeneral Updates Audited Financial Results for FY 2025 26
2026-05-19Record DateRecord date for the purpose of Dividend is 17-Jul-2026.
2026-05-19Board meeting outcomeSynergy Green Industries Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-05-13Concall / analyst meetSchedule of meet
2026-03-22Shareholder meetingVoting results.
2026-02-19Shareholder meetingNotice of Postal Ballot.
2026-02-12Concall / analyst meetTranscript
2026-02-12Concall / analyst meetLink of Recording
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Scrip PE is greater than 50 (4 trailing quarters)
Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.Updated 2026-10-03