NSE: SUYOG · BSE: 537259 · ISIN INE442P01014
Suyog Telematics Limited stock analysis
Suyog Telematics Limited ranks #4113 in the TickerSutra evidence-ranked universe with a score of 36/100 and 95% data confidence. The latest captured fundamentals show ROCE of 14.4%, quarterly sales growth of 2.2% and quarterly profit growth of -18.1%.Avoid / exit review
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- CWIP indicates an active capacity pipeline
Risks and constraints
- Debt/equity is above 0.5×
- CFO/EBITDA is below 0.6×
- Promoter pledge is 6.6% of promoter holding
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹126cr | ₹87cr | ₹41cr | 69.0% |
| 2023 | ₹144cr | ₹93cr | ₹46cr | 65.0% |
| 2024 | ₹167cr | ₹117cr | ₹63cr | 70.0% |
| 2025 | ₹193cr | ₹110cr | ₹41cr | 57.0% |
| 2026 | ₹209cr | ₹157cr | ₹62cr | 75.0% |
| TTM | ₹235cr | ₹156cr | ₹59cr | 66.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
RoutineChange in Directors/KMP/SMP/Auditor/RTANSE · 23 Sept 2026 · Structured filingSuyog Telematics Limited has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA
Suyog Telematics Limited has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA
Open original XBRL sourceSuyog Telematics Limited has informed the Exchange regarding Proceedings of 31st Annual General Meeting held on September 22, 2026
RoutineSuyog Telematics Ltd - 537259 - Shareholder Meeting / Postal Ballot-Outcome of AGMBSE · 22 Sept 2026Proceedings of the 31st Annual General Meeting of the Company.
RoutineSuyog Telematics Ltd - 537259 - Reg. 34 (1) Annual Report.BSE · 21 Sept 2026Revised Annual Report of the Company for the F.Y 2025-26.
RoutineUpdatesNSE · 9 Sept 2026Suyog Telematics Limited has informed the Exchange regarding receipt of additional 819 site orders from Vodafone Idea Limited.
MANAGEMENT COMMENTARY
Signals from filed documents
78 79 Corporate Overview Suyog Telematics Limited | Annual Report 2025-26 MANAGEMENT DISCUSSION AND ANALYSIS REPORT INDIAN ECONOMIC OVERVIEW India continued to remain among the fastest- growing major economies during FY 2025-26, supported by resilient domestic demand, sustained public capital expenditure, improving investment activity and continued structural reforms. The Indian economy demonstrated resilience despit
The Company’s established presence in passive telecom infrastructure positions it to participate in these emerging opportunities. 5G Densification and ULS Site Upgrades India’s 5G rollout is increasingly transitioning from initial network coverage to network densification and capacity expansion, particularly across high- density urban and semi-urban markets. During Q2 FY 2025-26, Bharti Airtel commenced deployment of
The Company follows a structured approach to identify, assess and monitor material risks, supported by appropriate internal controls, management oversight and Board-level governance. Customer Concentration and Operator Dependence BSNL’s ongoing 4G rollout and Vodafone Idea’s network reinvestment programme are significant demand drivers for FY 2025-26 and FY 2026-27. Delays in equipment delivery, including supply- cha
INDUSTRY OVERVIEW - PASSIVE TELECOM INFRASTRUCTURE India’s telecommunications sector continued to strengthen its position as one of the world’s fastest- growing digital infrastructure markets during FY 2025-26, driven by rising data consumption, expanding broadband connectivity, rapid 5G deployment and sustained investments by telecom service providers. As per the Telecom Regulatory Authority of India (TRAI), India's
Lease payments / revenue under operating leases are recognised as an expense / income on accrual basis in accordance with the respective lease agreements.” 3.20 Earnings per share Basic and diluted earnings per share are computed by dividing the net profit attributable to equity shareholders for the year, by the weighted average number of equity shares outstanding during the year. 3.21 Dividend distribution Dividend
So, coming to the real point is that the order that we have in today's date is a complete order of VI. We are confident in the VI order because we are their preferred partner, we have an MSA and they are giving us a 10-year locking. So, as for the fundraising, till the time it is not a huge number or until maybe in the 2nd or 3rd quarter we don't want to go for fundraising because bank fund is also available because
The facility of participation at the AGM through VC/OAVM will be made available to atleast 1,000 Members on a first come first served basis as per the MCA Circulars. This will not include large Shareholders (Shareholders holding 2% or more shareholding), Promoters, Institutional Investors, Directors, Key Managerial Personnel, the Chairman of the Audit Committee, Nomination and Remuneration Committee and Stakeholders
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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