SUYOGTelecommunication

Suyog Telematics Limited

Telecom - Infrastructure · ISIN INE442P01014 · BSE 537259 · NSE EQ · FV ₹10
Last price
₹664
+1.05%today
What this company does

Suyog Telematics Limited operates in Telecom - Infrastructure, part of the Telecommunication sector. It booked ₹71 cr of revenue in its latest quarter (Q1 FY27) and kept 20.4% of sales as profit. It is the 5th largest of 5 Telecom - Infrastructure companies we track, by market value.

Company 30+ Suyog Telematics Limited is a leading provider of passive telecom Our Vision infrastructure solutions in India. Established to support the rapid Years of industry experience Pioneering next generation of telecom expansion of the nation’s telecommunications network, the infrastructure solutions for a smarter world.
In the report:
70out of 100
Equitytale Health Score
Solid

Healthier than 70% of companies in Telecommunication, on the 5 of 6 measures we could read for it. Each measure is ranked against the 14–24 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
oversold
RSI (14)
28

At close. Not part of the score.

Profitability & returns61

How much profit it earns on the money it employs

Balance sheet73

How much it owes, and whether earnings cover the interest

Cash quality56

Whether reported profit actually arrives as cash

Valuation72

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Strong 20% net margin
Sales up 30% vs last year
Promoters hold 52%
Turns profit into real cash
Watch-outs
! Profit down 16% vs last year
! 6.6% of promoter stake pledged

What if I invest in SUYOG?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 5% a year, it would become
₹15.50 lakh

The slider starts at 5%, taken from a generic assumption, not this company's history. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹664 +1.05%
latest close · 2026-09-17
52-wk low ₹63942 sessions so far52-wk high ₹896
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio13.4Low
LowAverageHigh
P/B ratio1.59Moderate
Below bookModerateHigh
EV / EBITDA5.1Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity11.8%Fair
WeakFairStrong ▸15%
Return on capital13.2%Fair
WeakFairStrong
Net margin20.4%Strong
ThinDecentStrong
EBITDA margin62.4%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.28Comfortable
LowModerateHigh ▸1
Interest cover3.6×Okay
RiskyOkayStrong ▸5×
Current ratio1.73Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹778 cr
Book value
₹418
EPS
₹12.37
latest quarter
Net debt
₹119 cr
owes more than its cash
Enterprise value
₹897 cr
EBITDA
₹177 cr
annualised
EBIT
₹108 cr
annualised
Operating margin
38.0%
Return on assets
6.2%
Earnings yield
7.45%
P/S
2.74
Sales / share
₹242.2
Tax rate
25.7%
Face value
₹10
Shares
1.2 cr
Working capital
₹90 cr
Current assets
₹212 cr
Current liabilities
₹122 cr
Delivery %
57.3%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 2 models ₹401 vs market price ₹664 — price is 66% above it
Safety cushion-65.7%(target ≥ +20%)
Models span ₹316₹486, midpoint ₹401
Model ₹401
Price ₹664
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹71 cr
Other Income₹2 cr
Total Income₹73 cr
Cost of Materials₹17 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹6 cr
Finance Costs₹7 cr
Depreciation & Amortisation₹17 cr
Other Expenses₹5 cr
Total Expenses₹54 cr
Profit before Tax₹20 cr
Tax Expense₹5 cr
Net Profit₹14 cr
Net margin on total income19.8%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹17 cr23.3%
Employee benefit expense₹6 cr8.7%
Finance costs₹7 cr10.2%
Depreciation & amortisation₹17 cr23.7%
Other expenses₹5 cr7.5%
Tax expense₹5 cr6.8%
Profit for the period₹14 cr19.8%
Total income ₹73 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue56 cr56 cr71 cr
Total income57 cr57 cr73 cr
Expenses38 cr37 cr54 cr
Profit before tax20 cr20 cr20 cr
Tax5 cr6 cr5 cr
Net profit (owners' share)15 cr15 cr14 cr
Net margin (owners' share, on revenue)26.2%26.0%20.4%
EPS (₹)12.5712.3512.37
YoY (latest quarter): total income +29.7% · net profit -16.3%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹943 cr
Shareholder equity
₹490 cr
parent shareholders
Total debt
₹136 cr
Cash
₹16 cr
Cash flow · H1 FY26
Operating
₹25 cr
Investing
₹-96 cr
Financing
₹49 cr
Peer comparison
Telecom - Infrastructure · by market value
CompanyPriceMarket capP/E
Indus Towers Limited₹381₹1.01 L cr14.4
HFCL Limited₹209₹32,052 cr35.1
Pace Digitek Limited₹153₹3,309 cr13.5
GTL Infrastructure Limited₹1₹1,460 cr5.7
Suyog Telematics Limitedthis company₹664₹778 cr13.4
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.15%
trailing 12 months
Dividend / share (TTM)
₹1
Last dividend
₹1
ex 11 Sep 2026
ActionDetailEx-date
Dividend₹1 / share11 Sep 2026
Dividend₹1.8 / share29 Aug 2025
Dividend₹1.25 / share30 Aug 2024
Dividend₹0.5 / share25 Aug 2023
Dividend₹1 / share20 Sep 2022
Dividend₹0.5 / share15 Jul 2020
Who owns it · 2026-06-30
6.6% pledged
Promoter
51.6%
FII / Foreign
0.7%
DII / Domestic
Retail / others
47.7%
Promoter stake up 4.3% over the last 11 quarters.
Smart-money activity
Insider trades
BoughtSarvatra Finance Private Limited · Promoter Group50,160 · ₹3.4 cr17 Feb 26
BoughtMRS SUCHITRA SHIVSHANKAR LATURE · Promoters5.28 L · ₹22.6 cr10 Oct 25
BoughtSHIVSHANKAR GURUSHANTAPPA LATURE · Promoters22,168 · ₹1.3 cr5 May 25
Bulk / block deals
BoughtHEMANT JAGDISH ASHAR · NSE61,000 @ ₹639.5616 Feb 26
BoughtNARANTAK DEALCOMM LIMITED · NSE2.00 L @ ₹88021 Jul 25
SoldFORTUNE SMART LIFESTYLE PRIVATE LIMITED · NSE3.00 L @ ₹88021 Jul 25
Stake changes
BoughtSuchitra Shivshankar Lature · promoter→ 4.55% · 5.28 L10 Oct 25
BoughtSuchitra Shivshankar Lature · promoter→ 4.55% · 5.28 L10 Oct 25
BoughtSuchitra Shivshankar Lature · promoter→ 4.55% · 5.28 L10 Oct 25
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 14 Mar 2026
See the official result
1
Appointment of Mr. Sanjeev Sunderji Thakker (DIN: 11377385) as an Independent Director
Backed by 100% of shareholders other than promotersneeded 75%
3.71 L votes for, 50 against · 0% of mutual funds and other big investors said no
2
Amendments to the Main Object Clause of Memorandum of Association
Backed by 100% of shareholders other than promotersneeded 75%
3.71 L votes for, 1 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 6 named members
owning 51.6% between them · as of 2026-06-30
SHIVSHANKAR LATURE45.80%
SUCHITRA SHIVSHANKAR LATURE4.55%
GURUSHANTAPPA LATURE0.43%
SAKSHI VIVEK LATURE0.43%
SARVATRA FINANCE PRIVATE LIMITED0.43%
ARVIND GURUSHANTAPPA LATUREno shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹14 cr raised in Mar 2025 by selling shares to selected investors

The company has not broken this money down into purposes in its filing for Mar 2025, so there is nothing to measure it against yet.

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.