Syngene International Ltd
Syngene International Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
RESULTS
● No Immediate Change
MEDIUM RISK
📅 Filed on BSE: 29 Apr 2026, 06:42 PM IST · BSE ID: 7d8cbf4b-8e92-482b-9d9c-b8131b6e46ad
View Original BSE Filing (PDF)
💡
In Simple Terms
The company posted lower profits this year despite higher revenue, and will pay shareholders a dividend of Re. 1.25 per share.
🤖 AI Summary
- FY26 standalone profit Rs. 3,049 Million, down 34.9% from Rs. 4,680 Million in FY25
- Revenue from operations increased to Rs. 34,238 Million from Rs. 33,733 Million, up 1.5%
- Board recommended final dividend Re. 1.25 per equity share, record date June 26, 2026
- S. R. Batliboi & Associates LLP appointed as statutory auditor for 5-year term from AGM 2026
- 33rd Annual General Meeting scheduled for Wednesday, July 29, 2026
🔢 Key Numbers — exact figures from BSE filing, not rounded
Standalone Profit FY26
Rs. 3,049 Million
-34.9%
Consolidated Profit FY26
Rs. 3,167 Million
-36.1%
Revenue from Operations FY26 (Standalone)
Rs. 34,238 Million
1.5%
Revenue from Operations FY26 (Consolidated)
Rs. 37,387 Million
2.6%
Final Dividend Per Share
Re. 1.25
Consolidated Other Equity
Rs. 44,362 Million
2.6%
Foreign Exchange Loss FY26 (Standalone)
Rs. 643 Million
Employee Benefits Expense FY26 (Standalone)
Rs. 9,045 Million
7.5%
🏢 How This Affects the Company
Revenue from operations grew 1.5% to Rs. 34,238 Million, but profit declined 34.9% to Rs. 3,049 Million due to higher operating expenses and foreign exchange losses totaling Rs. 643 Million.
Consolidated other equity increased to Rs. 44,362 Million from Rs. 43,243 Million. Current borrowings declined to Rs. 94 Million from Rs. 1,196 Million. Cash and equivalents decreased to Rs. 2,286 Million from Rs. 3,671 Million.
Employee benefits expense increased 31.4% to Rs. 9,045 Million standalone (Rs. 11,049 Million consolidated), reflecting workforce expansion. Depreciation and amortisation remained significant at Rs. 3,871 Million.
Foreign exchange losses of Rs. 643 Million impacted profitability. Derivative liability positions increased significantly, indicating unhedged currency exposures. Exceptional items amounting to Rs. 320 Million gain recorded.
👥 What This Means For Shareholders
✅
Action Required
Shareholders must attend AGM on July 29, 2026 to approve final dividend and auditor appointment. Record date for dividend is June 26, 2026; ensure shares held in demat by that date.
👤
Who Is Affected
Equity shareholders holding shares as on record date June 26, 2026 will receive dividend of Re. 1.25 per equity share. All shareholders entitled to vote at AGM on auditor reappointment and other matters.
🔍
Management Signal
Appointment of S. R. Batliboi & Associates LLP for 5-year term indicates continuity in audit oversight. Dividend maintenance at Re. 1.25 despite lower profits signals confidence in liquidity position.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
AGM outcome on July 29, 2026 — shareholder approvals for dividend and auditor appointment confirmation
Q1 FY27 results — validate if revenue growth accelerates beyond 1.5% and profit margins recover
Dividend payment completion within 30 days post-AGM approval — track actual cash distribution to shareholders
MEDIUM RISK
Profit margin compression of 34.9% driven by forex headwinds Rs. 643 Million and rising employee costs. Revenue growth only 1.5% signals moderate business traction. Derivative liability positions indicate unhedged currency exposure risk.
💡 Investor Takeaway
FY26 profit declined 34.9% to Rs. 3,049 Million despite 1.5% revenue growth to Rs. 34,238 Million. Foreign exchange losses of Rs. 643 Million and higher employee costs pressured margins. Final dividend Re. 1.25 per share confirmed. Consolidated equity stands at Rs. 44,362 Million.
⚖️ Strengths & Concerns
✅ Positives
- Revenue growth of 1.5% to Rs. 34,238 Million demonstrates operational continuity despite market headwinds.
- Consolidated profit of Rs. 3,167 Million and equity position strengthened to Rs. 48,391 Million in FY26.
⚠️ Concerns
- Profit declined 34.9% from Rs. 4,680 Million to Rs. 3,049 Million; forex losses Rs. 643 Million eroded earnings.
- Current ratio and working capital management concern: current assets Rs. 18,762 Million against current liabilities Rs. 14,189 Million.