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Syngene Key Financial Ratios

NSE:SYNGENE | MISCELLANEOUS

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Profitability Margins

2-year trend showing gross, operating, and net profit margins

FY 2025 - FY 2026

Syngene's net profit margin of 8.3% in FY2026 reflects thin profitability, with operating margin at 14.1% and gross margin at 75.9%.

Understanding Profitability Margins

In FY 2026, Syngene posted a gross margin of 75.9%, an operating margin of 14.1%, a net margin of 8.3%. Gross Margin = (Revenue - COGS) / Revenue; Operating Margin = EBIT / Revenue; Net Margin = Net Income / Revenue. Typical healthy ranges: Gross 20-40%, Operating 10-20%, Net 5-10%+. Consistent or improving margins indicate strong competitive positioning.

Company Performance

2-year trend showing revenue, gross profit, and net profit

FY 2025 - FY 2026

Syngene's revenue grew 2.6% to 38.09B in FY2026, but net profit declined 36.2% to 3.17B — indicating margin compression.

Understanding Company Performance

In FY 2026, Syngene's revenue grew by 2.6% year-over-year. Revenue is total income from operations. Gross Profit is revenue minus cost of goods. Net Profit is the bottom line after all expenses. Consistent growth across all three signals a healthy, expanding business.

Return on Equity (ROE)

2-year trend showing shareholder returns

FY 2025 - FY 2026

Syngene's ROE of 6.5% in FY2026 indicates below-average shareholder returns.

Understanding Return on Equity (ROE)

In FY 2026, Syngene reported an ROE of 6.5%. ROE = (Net Income / Shareholders' Equity) x 100. Measures how efficiently the company turns equity into profit. Above 15% is generally strong; above 25% is excellent. Very high ROE may signal high leverage — check alongside debt levels.

Net Income vs Free Cash Flow

2-year trend comparing profitability with cash generation

FY 2025 - FY 2026

Syngene's FCF/NI ratio of 1.80x in FY2026 indicates high-quality, cash-backed earnings.

Understanding Net Income vs Free Cash Flow

In FY 2026, Syngene's free cash flow exceeded net income. Free Cash Flow = Operating Cash Flow - Capital Expenditure. When FCF exceeds net income, it suggests high-quality, cash-backed earnings. Persistent gaps may indicate aggressive accounting or heavy capex needs.

Net Income vs Operating Cash Flow

2-year trend comparing profitability with cash from operations

FY 2025 - FY 2026

Syngene's OCF/NI ratio of 2.89x in FY2026 indicates strong cash collection and working capital efficiency.

Understanding Net Income vs Operating Cash Flow

In FY 2026, Syngene's operating cash flow exceeded net income. Operating Cash Flow is the actual cash from core operations. OCF exceeding net income signals strong cash collection. OCF trailing net income may indicate aggressive revenue recognition or working capital issues.

Leverage Ratios

Measure a company's financial leverage, liquidity, and ability to meet financial obligations.

Current Ratio Analysis

2-year trend showing short-term liquidity position

FY 2025 - FY 2026

Syngene's current ratio of 1.38x in FY2026 indicates healthy short-term liquidity.

Understanding Current Ratio

In FY 2026, Syngene reported a current ratio of 1.38. Current Ratio = Current Assets / Current Liabilities. Measures short-term liquidity. A ratio of 1.5-3.0 is generally healthy; below 1.0 signals liquidity risk; above 3.0 may indicate underutilized assets.

Interest Coverage Ratio Analysis

2-year trend showing ability to service debt

FY 2025 - FY 2026

Syngene's interest coverage ratio of 11.0x in FY2026 indicates comfortable debt servicing capacity.

Understanding Interest Coverage Ratio

In FY 2026, Syngene reported an interest coverage ratio of 11.0x. Interest Coverage = EBIT / Interest Expense. Shows how many times operating profit covers interest payments. Above 5x is comfortable; below 1.5x signals potential difficulty servicing debt.

Debt-to-Equity Ratio Analysis

2-year trend showing financial leverage and capital structure

FY 2025 - FY 2026

Syngene's debt-to-equity ratio of 0.09x in FY2026 reflects a conservative, low-leverage capital structure.

Understanding Debt-to-Equity Ratio

In FY 2026, Syngene reported a debt-to-equity ratio of 0.09. Debt-to-Equity = Total Debt / Total Equity. Below 1.0 is conservative; 1.0-2.0 is moderate; above 2.0 indicates higher financial risk. Capital-intensive industries naturally carry higher ratios.

Total Debt Analysis

2-year trend showing total debt with year-over-year changes

FY 2025 - FY 2026

Syngene's debt decreased 20.7% YoY in FY2026 — positive deleveraging improves financial flexibility.

Understanding Total Debt

In FY 2026, Syngene's total debt decreased by 20.7% year-over-year. Total Debt includes short-term debt, long-term loans, debentures, and capital leases. YoY changes (shown as percentages) reveal whether the company is leveraging up or deleveraging.

Shares Outstanding

Year-over-year change in diluted shares outstanding

Syngene's diluted shares remained virtually unchanged in FY2026.

Over 2 years (FY2025–FY2026), diluted shares remained essentially unchanged at 402.41M.

Understanding Shares Outstanding

In FY 2026, Syngene's diluted shares increased by 0.0% year-over-year. Diluted Shares accounts for stock options, warrants, and convertibles. Positive YoY change means dilution (red); negative means buybacks (green). Consistent dilution above 5% annually is a red flag.

Data from audited consolidated filings. For educational purposes only — not investment advice. Last update: FY 2026