MarketFriction

Suyog Telematics Ltd

NSE SUYOG · BSE 537259 · Telecom - Infrastructure
₹689.90 -0.75%
NSE close2026-10-01
52 week range526.50 - 921.15
Market cap₹817 Cr.
P/E13.8
Price band 20% Delivery 50.4%

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
Sales414245464849506452536565
Expenses13817131315422513152526
Operating Profit28342933353483940384039
OPM %69%81%63%71%73%70%16%61%76%71%61%60%
Other Income312251021112
Interest654344555567
Depreciation8810111112131414141516
Profit before tax172216212519-92122192019
Tax %6%11%4%19%18%12%52%20%24%25%28%26%
Net Profit161916172017-141717151414
EPS in Rs15.4217.9214.7415.8418.7615.90-12.3815.2014.8312.4112.0711.89
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales446185105122132126144167193209235
Expenses203251536766405149825379
Operating Profit2429345256668793117110157156
OPM %54%48%40%50%45%50%69%65%70%57%75%66%
Other Income032213698956
Interest3587610141620172123
Depreciation3346716222634475860
Profit before tax182424424342575971568280
Tax %34%28%23%31%24%42%27%22%11%28%24%
Net Profit121718293324414663416259
EPS in Rs11.8216.6918.2028.2032.5324.0339.4844.1859.3836.4353.1551.20
Dividend Payout %0%0%5%9%2%0%3%1%2%5%2%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth17%10%13%12%
Compounded Profit Growth18%21%10%46%
Stock Price CAGR8%11%1%-12%
Return on Equity20%18%16%14%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital8810101010101010111112
Reserves1527426087117133178224288389477
Borrowings13276161584493118158150213335
Other Liabilities82226294974775587516273
Total Liabilities4484138160204245314361480500676898
Fixed Assets20396886101126196256340366410539
CWIP246511141912374688
Investments11110000101413
Other Assets20396467921059892136127205258
Total Assets4484138160204245314361480500676898
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity42-1334059604767727162
Cash from Investing Activity-11-11-27-21-27-36-45-74-108-63-146-109
Cash from Financing Activity71328-12-12-18-182740-79627
Net Cash Flow-040-014-30-1121-20
Free Cash Flow-7-9-3310132414-28-348-59-31
CFO/OP59%13%7%113%87%119%101%66%84%73%76%52%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days4592785156807477103101119106
Inventory Days9151422132510396154150189
Days Payable685382189278299250742339321766
Cash Conversion Cycle453340-17-111-185-199-70-542-83-52-470
Working Capital Days2611658648-3715-71147143
ROCE %25%43%33%26%34%30%26%26%22%22%14%14%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters47.93%47.37%47.37%47.32%47.30%47.30%49.53%49.78%49.77%52.02%52.02%51.64%
FIIs0.00%0.00%4.70%4.68%4.30%3.03%3.05%1.32%1.29%0.68%0.64%0.67%
DIIs0.00%0.00%0.04%0.08%0.01%0.59%0.67%0.67%0.61%0.01%0.01%0.00%
Public52.07%52.63%47.90%47.90%48.38%49.09%46.75%48.24%48.33%47.28%47.34%47.70%
No. of Shareholders4,5995,3046,6158,06211,64015,80615,20414,73313,73813,10312,79612,196

Fundamentals

Market Cap₹ 817 Cr.
Current Price₹ 690
Stock P/E13.8
Book Value₹ 417
ROCE14.4 %
ROE14.0 %
Dividend Yield0.14 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)12%
Compounded Profit Growth (TTM)46%
Standalone figures.
Valuation
Market capRs 808 Cr
Enterprise valueRs 1,128 Cr
P/E (TTM)13.65x
Price to book1.65x
Price to sales3.43x
EV / EBITDA6.96x
EV / EBIT11.01x
EV / sales4.79x
Price to cash flow13.03x
Earnings yield7.32%
Dividend yield0.14%
P/E, 3-year average17.62x
P/B, 3-year average2.60x
P/E, 5-year average14.19x
P/B, 5-year average2.32x
Profitability
Operating margin (excl. other income)74.85%
Operating margin (incl. other income)77.36%
EBITDA margin68.84%
Pre-tax margin33.84%
Net profit margin25.15%
Net margin, latest quarter21.34%
ROE14.01%
ROCE14.42%
ROA7.92%
ROE, 3-year average16.46%
ROCE, 3-year average16.57%
ROA, 3-year average9.25%
ROE, 5-year average19.25%
ROCE, 5-year average19.44%
ROA, 5-year average10.21%
ROIC (approx.)9.59%
Tax rate24.27%
Other income / net worth1.08%
Growth
Sales growth (latest year)8.63%
Profit growth (latest year)53.59%
Sales CAGR, 3 years13.35%
Sales CAGR, 5 years9.68%
Profit CAGR, 3 years10.38%
Profit CAGR, 5 years20.61%
Sales growth QoQ0.02%
Profit growth QoQ-1.49%
Sales growth YoY (latest quarter)2.16%
Profit growth YoY (latest quarter)-18.11%
Per share
EPS (TTM)Rs 50.52
EPS (latest year)Rs 53.15
EPS (latest quarter)Rs 11.89
EPS, 3-year averageRs 49.65
EPS, 5-year averageRs 46.52
Book value per shareRs 417.19
Sales per shareRs 200.88
Cash flow per shareRs 52.95
Free cash flow per shareRs -26.46
Dividend per share (latest year)Rs 1.00
Dividend per share, 3-year averageRs 1.35
Dividend per share, 5-year averageRs 1.11
Dividends
Dividend payout1.88%
Dividend payout, 3-year average2.97%
Dividend payout, 5-year average2.51%
Efficiency
Asset turnover0.23x
Fixed asset turnover0.39x
Inventory turnover2.05x
Inventory days178 days
Debtor days107 days
Debtors turnover3.43x
Creditor days766 days
Cash conversion cycle-470 days
Working capital days143 days
Leverage
Total debtRs 335 Cr
Cash and bankRs 16 Cr
Net debtRs 320 Cr
Debt to equity0.69x
Net debt / EBITDA1.97x
Interest coverage4.50x
Current ratio (filing 2026-03-31)1.87x
Quick ratio (filing 2026-03-31)1.80x
Trade payables (filing 2026-03-31)Rs 31 Cr
Owners' fund to total sources54.46%
Debt to assets37.37%
Cash flow
Cash from Operating Activity (latest year)Rs 62 Cr
Cash from Investing Activity (latest year)Rs -109 Cr
Cash from Financing Activity (latest year)Rs 27 Cr
Net Cash Flow (latest year)Rs -20 Cr
Free cash flow (latest year)Rs -31 Cr
FCFE (approx.: FCF + change in debt)Rs 92 Cr
Cash from ops / profit, 5 years1.26x
Sales to cash flow3.37x
Statement figures
Net sales (TTM)Rs 235 Cr
Net sales (latest year)Rs 209 Cr
Sales (latest quarter)Rs 65 Cr
Operating profit excl. other income (latest year)Rs 157 Cr
Operating profit (latest quarter)Rs 39 Cr
Other income (TTM)Rs 6 Cr
EBITDA (TTM)Rs 162 Cr
PBDT (TTM)Rs 139 Cr
Profit before tax (TTM)Rs 80 Cr
Tax (latest year)Rs 20 Cr
Net profit (TTM)Rs 59 Cr
Net profit (latest year)Rs 62 Cr
Net profit (latest quarter)Rs 14 Cr
Depreciation (TTM)Rs 60 Cr
Depreciation (latest quarter)Rs 16 Cr
Interest (TTM)Rs 23 Cr
Cost of goods sold (latest year)Rs 16 Cr
Total expenditure (latest year)Rs 53 Cr
Total income (latest year)Rs 214 Cr
Share capitalRs 12 Cr
ReservesRs 477 Cr
Shareholders' fundsRs 489 Cr
Total assetsRs 898 Cr
Net blockRs 539 Cr
Capital work in progressRs 88 Cr
InvestmentsRs 13 Cr
ReceivablesRs 61 Cr
InventoryRs 8 Cr
Other liabilitiesRs 73 Cr
Shares outstanding (crore)1.17
Ownership
Promoter holding51.64% (+1.86 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 13.7 is at the 21th percentile of its own 9.4-year range (median 18.2, low 9.3, high 35.1).
P/B 1.65 is at the 1th percentile (median 3.59).
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.
PeriodSUYOGNifty 50Difference
1 week+4.5%-2.8% +7.3 pts
1 month-6.4%-6.8% +0.4 pts
3 months-21.3%-7.6% -13.7 pts
6 months+12.3%+0.4% +11.9 pts
1 year-16.1%-9.9% -6.2 pts
2 years-57.6%-13.6% -44.1 pts
3 years+2.6%+14.2% -11.6 pts
5 years+70.5%+27.9% +42.6 pts

Red flags

F-score 4 of 8
No red flags in the latest statements and filings.
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 ₹65 Cr +1.6% vs Jun 2025. Net profit ₹14 Cr -17.6%.

Activity

Compare
CompanyMcap (Cr)P/EROCE
Indus Towers Ltd96,96613.619.5 %
Altius Telecom Infrastructure Trust53,33042.28.60 %
HFCL Ltd33,09357.810.8 %
Pace Digitek Ltd3,50511.721.4 %
Bondada Engineering Ltd3,08314.139.4 %
GTL Infrastructure Ltd1,371%
Sar Televenture Ltd4616.428.84 %
Rama Telecom Ltd10435.611.9 %
Kore Digital Ltd631.7738.1 %
No bulk or block deals on record.
Ex-dateActionFactor
2026-09-11Dividend - Re 1 Per Share
2025-08-29Dividend - Rs 1.80 Per Share
2024-08-30Dividend - Rs 1.25 Per Share
No announcements in our files yet.
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.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Suyog Telematics Ltd?

Suyog Telematics Ltd (SUYOG) has a market capitalisation of Rs 817 Cr. at the 2026-10-01 close.

What is the P/E ratio of Suyog Telematics Ltd?

Suyog Telematics Ltd trades at a P/E of 13.8 on trailing twelve-month profit, at the 2026-10-01 close.

What were Suyog Telematics Ltd's latest quarterly results?

In the Jun 2026 quarter, Suyog Telematics Ltd sales was Rs 65 Cr (+1.6% vs Jun 2025) and net profit was Rs 14 Cr.

What is the 52-week high and low of Suyog Telematics Ltd?

The 52-week high is Rs 921.15 and the 52-week low is Rs 526.50.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03