Sify Technologies Limited Sponsored ADR (SIFY) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	-$0.01	-$0.01	0.0%	—	$10.5B	—
Q2 24	—	$0.01	—	—	$8.8B	—
Q4 23	—	$0	—	—	$8.8B	—
Q3 23	—	$0.02	—	—	$8.9B	—
Q2 23	$0.12	$0.04	-66.7%	—	$7.9B	—
Q1 23	$0.06	$0.1	+66.7%	—	$7.7B	—
Q4 22	$0.24	$0.13	-45.8%	—	$6.8B	—
Q3 22	$0.18	$0.12	-33.3%	—	$6.8B	—
Q2 22	$0.12	$0.15	+25.0%	—	$7B	—
Q1 22	$0.06	$0.12	+100.0%	—	$7.7B	—
Q4 21	$0.02	$0.03	+50.0%	—	$6.9B	—
Q3 21	$0.12	$0.12	0.0%	—	$6.3B	—
Q2 21	$0.06	$0.12	+100.0%	—	$5.9B	—
Q1 21	$0.06	$0.06	0.0%	—	$5.3B	—
Q4 20	$0.06	$0.05	-16.7%	—	$5.7B	—
Q3 20	$0.12	$0.06	-50.0%	—	$5.9B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY26	—	-$18.7	—	—	$44.9B	—
FY25	—	-$10.8	—	—	$39.9B	—
FY24	—	$2.56	—	—	$35.6B	—
FY23	—	$10.3	—	—	$33.4B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	$18.4B	$20.7B	$21.5B	$23B	$24.3B	$27B	$33.4B	$35.6B	$39.9B	$44.9B
YoY change	+22.6%	+12.2%	+4.16%	+6.52%	+5.96%	+11.1%	+23.6%	+6.68%	+11.9%	+12.5%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	18.4B	20.7B	21.5B	23B	24.3B	27B	33.4B	35.6B	39.9B	44.9B
Cost of revenue	11.9B	13.4B	13.6B	14.4B	14.7B	16B	21.4B	22.4B	24.9B	26.8B
Gross profit	6.6B	7.3B	7.9B	8.6B	9.6B	11B	12B	13.3B	15B	18B
Gross margin	35.6%	35.1%	36.9%	37.4%	39.5%	40.6%	36%	37.2%	37.5%	40.2%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	4B	4.4B	4.9B	4.5B	4.5B	4.9B	5.7B	6.5B	5.2B	5.5B
Operating expenses	3.8B	4.2B	4.7B	4.4B	4.4B	4.8B	5.6B	6.3B	6.7B	7.3B
Operating income	957.6M	1.3B	1.8B	1.9B	2.4B	2.9B	2.4B	2.2B	2.3B	3B
Operating margin	5.2%	6.24%	8.14%	8.19%	9.82%	10.7%	7.3%	6.08%	5.66%	6.71%
Non-operating income, net	—	—	—	94M	1.4M	-9.8M	10.8M	—	187.8M	8M
Pretax income	643.1M	923.6M	1.1B	1B	1.6B	1.8B	1B	352M	-286.4M	-941M
Income tax	698K	194K	2.6M	314.3M	68.4M	590.3M	346.5M	183.1M	498.5M	425M
Net income	642.4M	923.4M	1.1B	705.4M	1.5B	1.3B	674.5M	168.9M	-785M	-1.4B
Net margin	3.49%	4.46%	4.96%	3.07%	6.3%	4.65%	2.02%	0.47%	-1.97%	-3.04%
EBITDA	2.7B	3.1B	3.2B	4.2B	5.3B	6.1B	6.5B	7.1B	7.9B	10.3B
EPS	10	14.4	16.6	11	24.2	20.6	10.3	2.56	-10.8	-18.7
Diluted EPS	10	14.4	16.6	11	24.2	20.6	10.1	2.53	-10.8	-18.7

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Revenue	8.8B	8.7B	9.6B	9.4B	115.9M	116.3M	9.7B	10.7B	10.5B	11.6B	12B	12.4B
Cost of revenue	5.5B	5.4B	6.1B	6B	71.8M	74.5M	5.9B	6.6B	6.3B	7B	7B	7.5B
Gross profit	3.3B	3.3B	3.5B	3.5B	44.1M	41.7M	3.8B	4.1B	4.2B	4.6B	5B	4.9B
Gross margin	37.3%	37.8%	36.6%	36.7%	38.1%	35.9%	39.5%	38.7%	40.2%	40%	41.6%	39.6%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	1.8B	1.6B	1.7B	1.7B	22M	20.4M	-258.4M	2B	1.2B	2.2B	763M	1.9B
Operating expenses	1.6B	1.6B	1.7B	1.6B	20.4M	19.7M	1.5B	1.9B	1.7B	2.1B	1.8B	1.9B
Operating income	479.8M	490M	682.9M	566M	8.8M	6M	372.6M	537M	709M	677M	1.1B	1.1B
Operating margin	5.46%	5.66%	7.09%	6.01%	7.58%	5.14%	3.84%	5.01%	6.73%	5.84%	9.06%	9.03%
Non-operating income, net	20.2M	101M	—	58M	24.3K	576.4K	75.9M	-22M	12M	7M	11M	70M
Pretax income	14.9M	32M	51M	-46M	1.6M	-1.3M	-314M	-322M	-194M	-257M	-168M	164M
Income tax	37.6M	-6M	97.9M	59M	425.4K	1.5M	262.6M	67M	81M	72M	205M	99M
Net income	-22.7M	38M	-46.9M	-105M	1.1M	-2.9M	-576.6M	-389M	-275M	-329M	-373M	65M
Net margin	-0.26%	0.44%	-0.49%	-1.11%	0.99%	-2.46%	-5.95%	-3.63%	-2.61%	-2.84%	-3.1%	0.53%
EBITDA	1.7B	1.7B	2B	1.9B	23.5M	22.2M	1.9B	2.2B	2.4B	2.6B	3.1B	3B
EPS	-0.12	0.58	0.21	-1.6	1.98	-3.57	-7.99	-5.38	-3.78	-4.55	-4.98	0.9
Diluted EPS	-0.12	0.58	0.21	-1.6	1.92	-3.57	-7.99	-5.38	-3.78	-4.55	-4.98	0.9

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Market cap	30B	68.7B	54.5B	25.1B	120.1B	102B	43B	—	—	926.4M	926.4M
Enterprise value	33.3B	72.5B	60.9B	33.9B	126.7B	115.7B	64.3B	—	—	46.2B	46.2B
Shares outstanding	5.6B	5.6B	5.6B	5.6B	5.7B	5.7B	5.7B	65.7M	72.4M	72.4M	72.4M

Valuation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
P/E	46.7	74.4	51	35.6	78.4	81.1	63.7	—	—	—	—
P/S	1.63	3.32	2.53	1.09	4.94	3.77	1.29	—	—	0.02	0.02
P/B	3.63	7.63	5.06	2.21	9.12	7.05	2.84	—	—	0.05	0.05
EV/EBITDA	12.1	23.5	18.8	7.99	23.8	18.8	9.91	—	—	4.49	4.49
EV/Sales	1.81	3.51	2.83	1.48	5.21	4.28	1.92	—	—	1.03	1.03
Earnings yield	2.14%	1.34%	1.96%	2.81%	1.28%	1.23%	1.57%	—	—	—	—
FCF yield	0.27%	0.42%	-4.64%	2.16%	2.67%	-5.03%	-11.3%	—	—	-616.8%	-616.8%

Profitability

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Gross margin	35.6%	35.1%	36.9%	37.4%	39.5%	40.6%	36%	37.2%	37.5%	40.2%	40.2%
Operating margin	5.2%	6.24%	8.14%	8.19%	9.82%	10.7%	7.3%	6.08%	5.66%	6.71%	6.71%
Net margin	3.49%	4.46%	4.96%	3.07%	6.3%	4.65%	2.02%	0.47%	-1.97%	-3.04%	-3.04%
ROE	7.77%	10.3%	9.91%	6.21%	11.6%	8.69%	4.45%	0.93%	-3.9%	-7.21%	-7.21%
ROA	2.98%	3.77%	3.57%	2.06%	4.18%	2.67%	1.18%	0.24%	-0.94%	-1.51%	-1.51%
ROIC	8.27%	10.1%	10.2%	6.44%	11.6%	6.97%	4.43%	2.25%	4.23%	4.7%	4.7%
Return on tangible assets	3.15%	3.96%	3.71%	2.14%	4.34%	2.75%	1.2%	0.24%	-0.96%	-1.53%	-1.53%

Financial health

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Current ratio	1.06	1.15	1.19	1.01	1.02	1.04	1.01	1.02	0.96	0.74	0.74
Quick ratio	0.96	1.1	1.07	0.93	0.93	0.93	0.92	0.88	0.82	0.65	0.65
Debt / equity	0.6	0.64	0.77	0.98	0.89	1.21	1.65	1.86	1.96	2.61	2.61
Debt / assets	0.23	0.24	0.28	0.33	0.32	0.37	0.43	0.47	0.48	0.54	0.54
Net debt / EBITDA	1.2	1.23	1.97	2.08	1.24	2.23	3.28	3.96	4.2	4.4	4.4
Interest coverage	2.87	3.28	2.7	2.09	2.78	2.87	1.68	1.18	0.9	0.76	0.76
Effective tax rate	0.11%	0.02%	0.24%	30.8%	4.28%	31.9%	33.9%	52%	0%	0%	0%

Per share

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Revenue per share	3.32	3.72	3.87	4.12	4.29	4.75	5.87	542.3	551.3	619.6	619.6
EPS (basic)	10	14.4	16.6	11	24.2	20.6	10.3	2.56	-10.8	-18.7	-18.7
EPS (diluted)	10	14.4	16.6	11	24.2	20.6	10.1	2.53	-10.8	-18.7	-18.7
Book value per share	1.49	1.62	1.93	2.04	2.32	2.55	2.66	275.1	278.2	261.4	261.4
FCF per share	0.01	0.05	-0.45	0.1	0.57	-0.9	-0.86	-112.5	-50.7	-78.9	-78.9
Cash per share	0.29	0.36	0.35	0.42	0.9	0.67	0.64	82.1	87.1	56.6	56.6
Capex per share	0.29	0.3	0.68	0.74	0.61	1.24	2.25	188.3	168.8	—	—

Capital allocation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Capex / revenue	8.65%	8.06%	17.6%	18.1%	14.2%	26%	38.3%	34.7%	30.6%	—	—
Capex / operating cash flow	3.4K%	139.3%	1.8K%	103.5%	56.6%	404.4%	195.5%	281.6%	190.6%	—	—
Payout ratio	26.4%	22.6%	20.4%	31.7%	0%	0%	0%	0%	-2.87%	0%	0%
Dividend yield	0.57%	0.3%	0.4%	0.89%	0%	0%	0%	—	—	0%	0%

Yield

—

trailing twelve months

Frequency

Annual

Last dividend

$0.0174

ex-dividend May 24, 2019

Payout ratio

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
May 24, 2019	$0.0174
May 24, 2018	$0.0175
Jun 2, 2017	$0.0185
May 25, 2016	$0.0148
May 14, 2015	$0.0157
Jun 18, 2014	$0.0166

Split history

Date	Ratio
Sep 24, 2002	1:4
Jan 10, 2000	4:1

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Revenue	$8.8B	$8.7B	$9.6B	$9.4B	$115.9M	$116.3M	$9.7B	$10.7B	$10.5B	$11.6B	$12B	$12.4B
YoY change	+10.8%	-2.66%	+9.11%	+10.2%	-98.7%	-98.7%	+0.65%	+13.8%	+9K%	+9.9K%	+24%	+15.2%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Cash & short-term investments	1.6B	2B	1.9B	2.3B	5.1B	3.8B	3.7B	5.4B	6.3B	4.1B
Receivables	7B	8.8B	10B	9.6B	8.5B	10.8B	11.3B	10.2B	10.9B	13.1B
Inventory	1.2B	645.8M	1.7B	1.3B	1.4B	2.4B	1.9B	3.4B	4B	2.9B
Total current assets	12.1B	14.1B	17.1B	16.6B	17.2B	22B	22.3B	24.2B	26.6B	24.9B
Property, plant & equipment	4.3B	4.9B	6.2B	9.6B	10.6B	14.6B	19.8B	23B	24.2B	29.5B
Goodwill & intangibles	1.1B	1.2B	1.2B	1.4B	1.4B	1.3B	1.2B	1.3B	1.4B	1.2B
Total assets	21.5B	24.5B	29.9B	34.3B	36.7B	47.1B	57.4B	71B	83.2B	90.7B
Accounts payable	2.7B	2.9B	3B	3.9B	3.6B	5B	9.2B	10.3B	12.2B	9.6B
Short-term debt	3.9B	3.7B	5B	6B	6.3B	8B	7.2B	7.5B	7.7B	16.6B
Total current liabilities	11.4B	12.2B	14.4B	16.5B	16.9B	21.1B	22.1B	23.6B	27.7B	33.7B
Long-term debt	1.1B	2.1B	3.4B	5.2B	5.4B	9.5B	17.7B	26B	31.8B	32.7B
Total liabilities	13.3B	15.5B	19.2B	22.9B	23.5B	32.6B	42.3B	52.9B	63B	71.7B
Shareholders' equity	8.3B	9B	10.8B	11.4B	13.2B	14.5B	15.1B	18.1B	20.1B	18.9B
Total debt	4.9B	5.8B	8.3B	11.2B	11.7B	17.5B	24.9B	33.5B	39.5B	49.3B
Net debt	3.3B	3.8B	6.4B	8.8B	6.6B	13.7B	21.3B	29.4B	34.5B	45.2B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q4 21	Q2 22	Q4 22	Q2 23	Q4 23	Q2 24	Q4 24	Q2 25	Q4 25	Q1 26	Q2 26	Q4 26
Cash & short-term investments	5.1B	2B	3.8B	1.4B	3.7B	3.9B	—	—	—	3.9B	2.6B	4.1B
Receivables	8.5B	11.5B	10.8B	11.9B	11.3B	12.4B	—	—	—	—	12B	13.1B
Inventory	1.4B	2.2B	2.4B	3.2B	1.9B	2.9B	—	—	—	—	4B	2.9B
Total current assets	17.2B	19.9B	22B	23.1B	22.3B	28.7B	—	—	—	—	25.8B	24.9B
Property, plant & equipment	10.6B	11.6B	14.6B	15.6B	19.8B	25.6B	29B	347.4M	37.1B	—	23.9B	29.5B
Goodwill & intangibles	1.4B	1.6B	1.3B	1.2B	1.2B	1.2B	—	—	—	—	1.2B	1.2B
Total assets	36.7B	41.3B	47.1B	51.7B	57.4B	68.5B	—	—	—	—	83.1B	90.7B
Accounts payable	3.6B	11.6B	5B	13.4B	9.2B	14.9B	—	—	—	—	17.2B	9.6B
Short-term debt	6.3B	7.1B	8B	8.1B	7.2B	7.9B	—	—	—	—	8.2B	16.6B
Total current liabilities	16.9B	20.6B	21.1B	23.6B	22.1B	26B	—	—	—	—	29.3B	33.7B
Long-term debt	5.4B	5.2B	9.5B	10.8B	17.7B	18.5B	—	—	—	—	30.2B	32.7B
Total liabilities	23.5B	27.5B	32.6B	36.9B	42.3B	46.5B	—	—	—	—	63.6B	71.7B
Shareholders' equity	13.2B	13.9B	14.5B	14.8B	15.1B	22B	—	—	—	16.3B	19.5B	18.9B
Total debt	11.7B	12.3B	17.5B	18.9B	24.9B	26.4B	—	—	—	—	38.5B	49.3B
Net debt	6.6B	10.4B	13.7B	17.4B	21.3B	22.5B	—	—	—	—	35.9B	45.2B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Net income	642.4M	923.4M	1.1B	705.4M	1.5B	1.3B	674.5M	168.9M	2.3B	3B
Depreciation & amortization	1.8B	1.8B	1.5B	2.3B	2.8B	3.3B	4B	4.8B	5.6B	7.3B
Stock-based compensation	17.6M	6.8M	4.8M	46.4M	40.1M	22.9M	16.5M	7.5M	1.9M	56M
Change in working capital	-2.7B	-1.9B	-3.1B	-250.8M	819.2M	-4.5B	102M	-2.6B	-1.5B	-3.4B
Operating cash flow	46.9M	1.2B	211.3M	4B	6.1B	1.7B	6.5B	4.4B	6.4B	7.2B
Capital expenditure	-1.6B	-1.7B	-3.8B	-4.1B	-3.4B	-7B	-12.8B	-12.4B	-12.2B	—
Investing cash flow	-1.5B	-1.6B	-3.8B	-4B	-3.3B	-7.3B	-13.3B	-12.5B	-12.5B	-42M
Dividends paid	-169.7M	-208.7M	-217.9M	-223.6M	0	0	0	0	-22.5M	0
Share repurchases	—	—	—	—	—	—	—	—	—	—
Financing cash flow	168.8M	-1B	3.1B	-1.4M	1.3B	5.2B	6.6B	10.3B	2.2B	8.9B
Net change in cash	-1.3B	-1.5B	-534.6M	23.4M	4.1B	-319.4M	-226.8M	2.1B	-3.9B	16B
Free cash flow	79.7M	288.1M	-2.5B	541.2M	3.2B	-5.1B	-4.9B	-7.4B	-3.7B	-5.7B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q1 08	Q2 08	Q3 08	Q4 08	Q1 09	Q2 09	Q3 09	Q4 09	Q1 10	Q2 10	Q3 10	Q4 10
Net income	-55.1M	-55.7M	25.9M	174.2M	-124.5M	-275.5M	-247M	-204.6M	-129.3M	-117.8M	414.8M	-140.9M
Depreciation & amortization	120.5M	125.8M	129.9M	18M	111.8M	121.6M	126.8M	131.9M	147.3M	149.9M	189M	174.6M
Stock-based compensation	—	—	—	—	17.5M	13.9M	16M	14M	7.9M	5.3M	14.8M	2.7M
Change in working capital	-399.6M	-135.9M	-437.6M	-545.3M	-540M	-168.6M	-100.1M	484.5M	-416M	-105M	-127.8M	76.3M
Operating cash flow	-238.1M	-61.1M	-308.9M	-238.1M	-511.6M	-263.4M	-103.7M	627.5M	-343.9M	-65.3M	732.9M	-35.6M
Capital expenditure	-270.7M	-161.8M	-240.4M	-200.4M	-346.1M	-236M	-296.2M	-290.2M	-150.9M	-308M	-202.3M	-92.3M
Investing cash flow	-457.5M	33.7M	74.9M	-403.2M	-279.5M	-171.6M	-280.7M	-277.1M	-67.3M	-303.4M	-201.3M	-104.3M
Dividends paid	—	—	—	—	—	—	—	—	—	—	—	—
Share repurchases	—	—	—	—	—	—	—	—	—	—	—	—
Financing cash flow	2M	2.6M	7.9K	112.1M	595.3M	-312.5M	114.5M	580.6M	-302.6M	138.2M	-181.8M	-16.8M
Net change in cash	-693.6M	-24.9M	-234M	-529.2M	-195.8M	-747.6M	-269.8M	931M	-713.8M	-230.5M	349.8M	-156.7M
Free cash flow	-358.3M	67.6M	-333M	-1.1B	-776.3M	-289.3M	-418.8M	-223.3M	-347.9M	-222.1M	420.8M	-70.7M

Sify Technologies Limited Sponsored ADR Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Split history

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement