Syrma SGS Technology Receives Quality Grade Change Amid Strong Financial Performance

Syrma SGS Technology has recently undergone an evaluation revision, reflecting its current standing within the industrial manufacturing sector. The company has demonstrated robust sales growth over the past five years, achieving a rate of 40.92%. Additionally, its EBIT growth during the same period stands at 42.30%, indicating strong operational performance.
Financial metrics reveal a solid EBIT to interest ratio of 5.74, suggesting effective management of interest expenses relative to earnings. The company's debt metrics are also noteworthy, with a debt to EBITDA ratio of 2.49 and a net debt to equity ratio of 0.25, highlighting a conservative leverage position.

Syrma's tax ratio is recorded at 22.10%, and its dividend payout ratio is 15.72%, reflecting a balanced approach to shareholder returns. The company maintains a low level of pledged shares at 0.00%, which is a positive indicator of financial stability.

In comparison to its peers, Syrma SGS Technology's performance metrics reveal a competitive edge, particularly in sales growth and EBIT growth, positioning it favorably within the industrial manufacturing landscape. The company's institutional holding stands at 23.70%, further emphasizing its market presence.