SIFYNasdaqServices-Computer Programming, Data Processing, Etc.Fiscal year ends March 31
SIFY TECHNOLOGIES LTD
Financials through fiscal 2025, year ended Mar 31, 2025Last filing: 20-F on Jun 26, 2026
$11.51+0.08 (+0.70%)
Close on Oct 19, 2026
Margins
Share of revenue, fiscal years 2016 to 2025
Gross margin
37.5%+0.1 pts over 5 years
Operating margin
5.7%−2.5 pts over 5 years
Net margin
-2.0%−5.0 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +11.9% | +13.9% | +11.7% | – | |
| Gross profit | +12.9% | +10.9% | +11.8% | – | |
| Operating income | -5.9% | -7.7% | +3.7% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | 6.4% | -4.1% | |
| Return on assets | – | 2.2% | -1.0% | |
| Current ratio | – | 1.01 | 0.96 | |
| Debt to equity | – | 0.71 | 1.76 | |
| Net debt to EBITDA | – | 1.39× | 3.85× | |
| Interest coverage | 1.7× | 1.8× | 0.8× | |
| Inventory turnover | – | 9.5× | 6.8× | |
| Capex to revenue | 9.9% | 17.7% | 27.8% | |
| Diluted shares | 141M | 181M | 374M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Sify Technologies generated ₹31.91B from operations and spent ₹43.29B on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
₹31.91B
Used
₹43.29B
Capital expenditure₹43.29B100%Dividends₹00%Share buybacks₹00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-2.0%
×Asset turnover0.52×
×Equity multiplier4.04×
=Return on equity, FY2025-4.1%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -2.0% | 0.52× | 4.04× | -4.1% |
| FY2024 | 0.5% | 0.56× | 3.86× | 1.0% |
| FY2023 | 2.0% | 0.64× | 3.53× | 4.6% |
| FY2022 | 4.7% | 0.65× | 3.03× | 9.1% |
| FY2021 | 6.3% | 0.69× | 2.89× | 12.5% |
| FY2020 | 3.1% | 0.72× | 2.90× | 6.4% |
| FY2019 | 5.0% | 0.79× | 2.75× | 10.8% |
| FY2018 | 4.5% | 0.90× | 2.66× | 10.7% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-₹784.96M
- Cash generatingOperating cash flow above zero₹8.65B
- Return on assets improvedROA up on the prior year0.3% → -1.1%
- Earnings backed by cashOperating cash flow above net income₹8.65B vs -₹784.96M
- Less leverageLong-term debt to assets fell32.9% → 33.9%
- Better liquidityCurrent ratio rose1.02 → 0.96
- No dilutionShare count did not rise185M → 374M
- Gross margin improvedGross margin up on the prior year37.20% → 37.53%
- More efficientAsset turnover rose0.62 → 0.56