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Suyog Telematics Ltd

NSE: SUYOG BSE: 537259Infra

Incorporated in 1995, Suyog Telematics Limited is engaged primarily in the business of installing, commissioning and servicing of poles, towers and optical fibre cable (OFC ) systems, catering to the telecommunication industry with operators across 12 telecom circles in India. The company is registered as Infrastructure Provider Category-I (IP-I) with the Department of Telecommunications (DoT).

758
52W: ₹525 — ₹989
PE 25.8 · Book ₹371 · +104% vs book
Market Cap₹888 Cr
Stock P/E25.8Price to Earnings
ROCE13.7%Return on Capital
ROE11.6%Return on Equity
Div. Yield0.24%Face Value ₹10

Strengths

  • +Company's median sales growth is 16.1% of last 10 years

Shareholding Pattern

Promoters52.02%
FIIs0.64%
DIIs0.01%
Public47.34%
CategoryJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters47.32%47.3%0.047.3%49.53%2.249.78%0.349.77%0.052.02%2.352.02%
FIIs4.68%4.3%0.43.03%1.33.05%0.01.32%1.71.29%0.00.68%0.60.64%0.0
DIIs0.08%0.01%0.10.59%0.60.67%0.10.67%0.61%0.10.01%0.60.01%
Public47.9%48.38%0.549.09%0.746.75%2.348.24%1.548.33%0.147.28%1.047.34%0.1

Financial Statements

MetricSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales41424546484950525253
Expenses1381713131542121315
Operating Profit2834293335348394038
OPM %69%81%63%71%73%70%16%76%76%71%
Net Profit161916172017-14171715
EPS ₹15.4217.9214.7415.8418.7615.9-12.3815.214.8312.41

AI Insights

Revenue Trend

TTM revenue at ₹207Cr, up 7.3% YoY. OPM at 60%.

Debt Position

Borrowings at ₹235Cr. Debt-to-equity ratio: 0.56x. Moderate leverage.

Capex Cycle

CWIP at ₹66Cr (16% of fixed assets). Moderate ongoing capital expenditure.

Institutional Flow

DIIs: 0.01% (+0.01pp change). FIIs: 0.64% (+0.64pp change). Promoters hold 52.02%.

Margin & Efficiency

ROCE declining from 17% (Mar 2014) to 14% (Mar 2025). Working capital days: 47.

Valuation

PE 25.8x with 13.7% ROCE. Price is 104% above book value of ₹371. Dividend yield: 0.24%.

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