Shares of Syngene International declined by 2.02% to Rs 669.25 in Wednesday's session, emerging as one of the top losers on the Nifty Midcap 150. This movement reflects a shift in investor sentiment, with the stock experiencing selling pressure.
Financial Snapshot
Syngene International's financial performance reveals the following trends:
Consolidated Quarterly Results:
The company's consolidated quarterly revenue and net profit figures show fluctuations over the recent quarters. Revenue increased from Rs 789.70 Crore in June 2024 to Rs 1,018.00 Crore in March 2025, before decreasing to Rs 874.50 Crore in June 2025. Net profit followed a similar trend, starting at Rs 75.70 Crore in June 2024, peaking at Rs 183.30 Crore in March 2025, and then falling to Rs 86.70 Crore in June 2025.
Heading | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
---|---|---|---|---|---|
Revenue | Rs 789.70 Crore | Rs 891.00 Crore | Rs 943.70 Crore | Rs 1,018.00 Crore | Rs 874.50 Crore |
Net Profit | Rs 75.70 Crore | Rs 106.10 Crore | Rs 131.10 Crore | Rs 183.30 Crore | Rs 86.70 Crore |
EPS | 1.89 | 2.64 | 3.27 | 4.56 | 2.16 |
The annual financial performance indicates consistent growth in revenue from Rs 2,184.30 Crore in 2021 to Rs 3,642.40 Crore in 2025. However, net profit showed variability, with a decrease from Rs 510.00 Crore in 2024 to Rs 496.20 Crore in 2025. Earnings per share (EPS) also experienced fluctuations, peaking at Rs 12.71 in 2024 and slightly decreasing to Rs 12.35 in 2025.
Heading | 2021 | 2022 | 2023 | 2024 | 2025 |
---|---|---|---|---|---|
Revenue | Rs 2,184.30 Crore | Rs 2,604.20 Crore | Rs 3,192.90 Crore | Rs 3,488.60 Crore | Rs 3,642.40 Crore |
Net Profit | Rs 404.90 Crore | Rs 395.80 Crore | Rs 464.40 Crore | Rs 510.00 Crore | Rs 496.20 Crore |
EPS | 10.18 | 9.94 | 11.59 | 12.71 | 12.35 |
BVPS | 70.54 | 82.28 | 90.13 | 105.92 | 117.44 |
ROE | 14.35 | 12.00 | 12.83 | 11.97 | 10.49 |
Debt to Equity | 0.27 | 0.24 | 0.16 | 0.03 | 0.03 |
The consolidated annual income statement reveals that sales increased from Rs 2,184 Crore in March 2021 to Rs 3,642 Crore in March 2025. Total income also rose from Rs 2,248 Crore to Rs 3,714 Crore during the same period. Total expenditure increased from Rs 1,752 Crore in March 2021 to Rs 3,001 Crore in March 2025. Consequently, EBIT increased from Rs 496 Crore to Rs 713 Crore. Net profit showed a fluctuating trend, with Rs 404 Crore in March 2021, increasing to Rs 510 Crore in March 2024, and then decreasing to Rs 496 Crore in March 2025.
Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
---|---|---|---|---|---|
Sales | Rs 3,642 Crore | Rs 3,488 Crore | Rs 3,192 Crore | Rs 2,604 Crore | Rs 2,184 Crore |
Other Income | Rs 71 Crore | Rs 90 Crore | Rs 70 Crore | Rs 52 Crore | Rs 64 Crore |
Total Income | Rs 3,714 Crore | Rs 3,579 Crore | Rs 3,263 Crore | Rs 2,657 Crore | Rs 2,248 Crore |
Total Expenditure | Rs 3,001 Crore | Rs 2,911 Crore | Rs 2,625 Crore | Rs 2,148 Crore | Rs 1,752 Crore |
EBIT | Rs 713 Crore | Rs 668 Crore | Rs 638 Crore | Rs 508 Crore | Rs 496 Crore |
Interest | Rs 53 Crore | Rs 47 Crore | Rs 45 Crore | Rs 24 Crore | Rs 27 Crore |
Tax | Rs 163 Crore | Rs 110 Crore | Rs 129 Crore | Rs 88 Crore | Rs 64 Crore |
Net Profit | Rs 496 Crore | Rs 510 Crore | Rs 464 Crore | Rs 395 Crore | Rs 404 Crore |
The consolidated quarterly income statement indicates that sales increased from Rs 789 Crore in June 2024 to Rs 1,018 Crore in March 2025, before decreasing to Rs 874 Crore in June 2025. Total income followed a similar trend, increasing from Rs 807 Crore in June 2024 to Rs 1,036 Crore in March 2025, and then decreasing to Rs 892 Crore in June 2025. Net profit increased from Rs 75 Crore in June 2024 to Rs 183 Crore in March 2025, and then decreased to Rs 86 Crore in June 2025.
Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | |
---|---|---|---|---|---|
Sales | Rs 874 Crore | Rs 1,018 Crore | Rs 943 Crore | Rs 891 Crore | Rs 789 Crore |
Other Income | Rs 17 Crore | Rs 18 Crore | Rs 18 Crore | Rs 16 Crore | Rs 18 Crore |
Total Income | Rs 892 Crore | Rs 1,036 Crore | Rs 962 Crore | Rs 907 Crore | Rs 807 Crore |
Total Expenditure | Rs 779 Crore | Rs 780 Crore | Rs 768 Crore | Rs 757 Crore | Rs 694 Crore |
EBIT | Rs 112 Crore | Rs 256 Crore | Rs 193 Crore | Rs 150 Crore | Rs 113 Crore |
Interest | Rs 11 Crore | Rs 15 Crore | Rs 12 Crore | Rs 13 Crore | Rs 11 Crore |
Tax | Rs 14 Crore | Rs 57 Crore | Rs 49 Crore | Rs 31 Crore | Rs 25 Crore |
Net Profit | Rs 86 Crore | Rs 183 Crore | Rs 131 Crore | Rs 106 Crore | Rs 75 Crore |
The consolidated cash flow statement reveals that cash flow from operating activities has been consistently positive, with Rs 1,167 Crore in March 2025. Cash flow from investing activities has been negative, with -Rs 744 Crore in March 2025, indicating investments in assets. Cash flow from financing activities has also been negative, with -Rs 141 Crore in March 2025, suggesting debt repayments and dividend payouts. The net cash flow in March 2025 stood at Rs 281 Crore.
Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
---|---|---|---|---|---|
Operating Activities | Rs 1,167 Crore | Rs 1,042 Crore | Rs 823 Crore | Rs 580 Crore | Rs 701 Crore |
Investing Activities | Rs -744 Crore | Rs -495 Crore | Rs -656 Crore | Rs -611 Crore | Rs -628 Crore |
Financing Activities | Rs -141 Crore | Rs -551 Crore | Rs -342 Crore | Rs -31 Crore | Rs 58 Crore |
Others | Rs 0 Crore | Rs 1 Crore | Rs 3 Crore | Rs 0 Crore | Rs 0 Crore |
Net Cash Flow | Rs 281 Crore | Rs -3 Crore | Rs -172 Crore | Rs -61 Crore | Rs 130 Crore |
The consolidated balance sheet shows that total assets increased from Rs 4,883 Crore in March 2021 to Rs 6,795 Crore in March 2025. Fixed assets also increased from Rs 2,438 Crore to Rs 4,067 Crore during the same period. The company's share capital has remained relatively stable at around Rs 400 Crore. Reserves and surplus have increased from Rs 2,421 Crore in March 2021 to Rs 4,324 Crore in March 2025.
Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
---|---|---|---|---|---|
Share Capital | Rs 402 Crore | Rs 402 Crore | Rs 401 Crore | Rs 400 Crore | Rs 400 Crore |
Reserves & Surplus | Rs 4,324 Crore | Rs 3,855 Crore | Rs 3,216 Crore | Rs 2,896 Crore | Rs 2,421 Crore |
Current Liabilities | Rs 1,396 Crore | Rs 1,144 Crore | Rs 1,188 Crore | Rs 1,228 Crore | Rs 1,133 Crore |
Other Liabilities | Rs 672 Crore | Rs 749 Crore | Rs 1,024 Crore | Rs 1,037 Crore | Rs 928 Crore |
Total Liabilities | Rs 6,795 Crore | Rs 6,151 Crore | Rs 5,831 Crore | Rs 5,563 Crore | Rs 4,883 Crore |
Fixed Assets | Rs 4,067 Crore | Rs 3,688 Crore | Rs 2,843 Crore | Rs 2,739 Crore | Rs 2,438 Crore |
Current Assets | Rs 2,287 Crore | Rs 1,959 Crore | Rs 2,425 Crore | Rs 2,205 Crore | Rs 1,806 Crore |
Other Assets | Rs 440 Crore | Rs 504 Crore | Rs 561 Crore | Rs 618 Crore | Rs 638 Crore |
Total Assets | Rs 6,795 Crore | Rs 6,151 Crore | Rs 5,831 Crore | Rs 5,563 Crore | Rs 4,883 Crore |
Contingent Liabilities | Rs 804 Crore | Rs 837 Crore | Rs 805 Crore | Rs 664 Crore | Rs 595 Crore |
Key financial ratios for Syngene International indicate a P/E ratio of 58.80 and a P/B ratio of 6.18 as of March 2025. The company reported a debt-to-equity ratio of 0.03 as of the year-ending March 2025.
Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
---|---|---|---|---|---|
Basic EPS (Rs.) | 12.35 | 12.71 | 11.59 | 9.94 | 10.18 |
Diluted Eps (Rs.) | 12.34 | 12.69 | 11.51 | 9.82 | 10.11 |
Book Value [Excl. Reval Reserve]/Share (Rs.) | 117.44 | 105.92 | 90.13 | 82.28 | 70.54 |
Dividend/Share (Rs.) | 1.25 | 1.25 | 0.50 | 1.00 | 0.00 |
Face Value | 10 | 10 | 10 | 10 | 10 |
Gross Profit Margin (%) | 30.57 | 31.67 | 31.48 | 32.59 | 33.71 |
Operating Margin (%) | 18.69 | 19.46 | 20.00 | 20.70 | 21.14 |
Net Profit Margin (%) | 13.62 | 14.61 | 14.54 | 15.19 | 18.53 |
Return on Networth / Equity (%) | 10.49 | 11.97 | 12.83 | 12.00 | 14.35 |
ROCE (%) | 12.61 | 13.56 | 13.75 | 12.43 | 12.31 |
Return On Assets (%) | 7.30 | 8.29 | 7.96 | 7.11 | 8.29 |
Current Ratio (X) | 1.64 | 1.71 | 2.04 | 1.80 | 1.59 |
Quick Ratio (X) | 1.53 | 1.50 | 1.76 | 1.65 | 1.54 |
Debt to Equity (x) | 0.03 | 0.03 | 0.16 | 0.24 | 0.27 |
Interest Coverage Ratios (X) | 20.97 | 23.41 | 22.24 | 35.22 | 26.58 |
Asset Turnover Ratio (%) | 0.56 | 0.58 | 0.56 | 0.50 | 0.48 |
Inventory Turnover Ratio (X) | 4.70 | 3.06 | 3.52 | 6.45 | 13.01 |
3 Yr CAGR Sales (%) | 18.27 | 26.38 | 25.98 | 19.44 | 23.89 |
3 Yr CAGR Net Profit (%) | 11.97 | 12.23 | 6.16 | 9.25 | 15.14 |
P/E (x) | 58.80 | 55.28 | 51.29 | 60.12 | 53.38 |
P/B (x) | 6.18 | 6.63 | 6.60 | 7.25 | 7.70 |
EV/EBITDA (x) | 25.64 | 25.15 | 23.78 | 28.50 | 29.69 |
P/S (x) | 8.02 | 8.09 | 7.47 | 9.19 | 9.95 |
Syngene International announced several analyst/investor meetings in early August 2025, with one meeting being cancelled.
The company announced a final dividend of Rs 1.25 per share (12.5%) with an effective date of June 27, 2025.
Syngene International had a bonus issue with a ratio of 1:1, with exbonus date as June 11, 2019.
With the stock's last traded price at Rs 669.25, Syngene International experienced a notable decline in today's session, reflecting broader market dynamics and investor reactions to the company's financial health and corporate actions.
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