Syncom Formulations (India) Limited

NSEI:SYNCOMF Stock Report

Market Cap: ₹13.1b

Syncom Formulations (India) Balance Sheet Health

Financial Health criteria checks 6/6

Syncom Formulations (India) has a total shareholder equity of ₹4.1B and total debt of ₹14.7M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are ₹5.3B and ₹1.2B respectively. Syncom Formulations (India)'s EBIT is ₹709.0M making its interest coverage ratio 61.4. It has cash and short-term investments of ₹1.1B.

Key information

0.36%

Debt to equity ratio

₹14.74m

Debt

Interest coverage ratio61.4x
Cash₹1.13b
Equity₹4.15b
Total liabilities₹1.19b
Total assets₹5.34b

Recent financial health updates

Recent updates

Analysis Article May 26

Here's Why Syncom Formulations (India) (NSE:SYNCOMF) Has Caught The Eye Of Investors

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Feb 02

Here's Why We Think Syncom Formulations (India) (NSE:SYNCOMF) Is Well Worth Watching

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article May 19

Syncom Formulations (India) Limited's (NSE:SYNCOMF) Business Is Trailing The Market But Its Shares Aren't

When close to half the companies in India have price-to-earnings ratios (or "P/E's") below 27x, you may consider Syncom...
Analysis Article Mar 08

Should You Be Adding Syncom Formulations (India) (NSE:SYNCOMF) To Your Watchlist Today?

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Jan 11

Does Syncom Formulations (India) (NSE:SYNCOMF) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Dec 10

Getting In Cheap On Syncom Formulations (India) Limited (NSE:SYNCOMF) Is Unlikely

With a price-to-earnings (or "P/E") ratio of 67x Syncom Formulations (India) Limited ( NSE:SYNCOMF ) may be sending...
Analysis Article Aug 30

Syncom Formulations (India) Limited's (NSE:SYNCOMF) 27% Price Boost Is Out Of Tune With Earnings

Syncom Formulations (India) Limited ( NSE:SYNCOMF ) shares have continued their recent momentum with a 27% gain in the...
Analysis Article Jul 16

Syncom Formulations (India) Limited's (NSE:SYNCOMF) 27% Price Boost Is Out Of Tune With Earnings

Syncom Formulations (India) Limited ( NSE:SYNCOMF ) shareholders have had their patience rewarded with a 27% share...
Analysis Article Mar 21

Some Syncom Formulations (India) Limited (NSE:SYNCOMF) Shareholders Look For Exit As Shares Take 28% Pounding

Syncom Formulations (India) Limited ( NSE:SYNCOMF ) shares have had a horrible month, losing 28% after a relatively...
Analysis Article Dec 29

Syncom Formulations (India) Limited's (NSE:SYNCOMF) 27% Price Boost Is Out Of Tune With Earnings

Despite an already strong run, Syncom Formulations (India) Limited ( NSE:SYNCOMF ) shares have been powering on, with a...
Analysis Article Dec 27

Syncom Formulations (India) Limited's (NSE:SYNCOMF) Shares Climb 26% But Its Business Is Yet to Catch Up

Syncom Formulations (India) Limited ( NSE:SYNCOMF ) shareholders would be excited to see that the share price has had a...

Financial Position Analysis

Short Term Liabilities: SYNCOMF's short term assets (₹3.3B) exceed its short term liabilities (₹1.0B).

Long Term Liabilities: SYNCOMF's short term assets (₹3.3B) exceed its long term liabilities (₹151.3M).


Debt to Equity History and Analysis

Debt Level: SYNCOMF has more cash than its total debt.

Reducing Debt: SYNCOMF's debt to equity ratio has reduced from 33.1% to 0.4% over the past 5 years.

Debt Coverage: SYNCOMF's debt is well covered by operating cash flow (3939.7%).

Interest Coverage: SYNCOMF's interest payments on its debt are well covered by EBIT (61.4x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/29 13:02
End of Day Share Price 2026/06/29 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Syncom Formulations (India) Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.