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SYNGENE - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.6

Last Updated Time : 04 May 26, 11:42 am

Fundamental Rating: 3.6

Stock Code SYNGENE Market Cap 18,843 Cr. Current Price 468 ₹ High / Low 729 ₹
Stock P/E 52.1 Book Value 117 ₹ Dividend Yield 0.27 % ROCE 10.0 %
ROE 7.74 % Face Value 10.0 ₹ DMA 50 440 ₹ DMA 200 552 ₹
Chg in FII Hold -1.05 % Chg in DII Hold 0.61 % PAT Qtr 154 Cr. PAT Prev Qtr 68.7 Cr.
RSI 65.4 MACD 7.54 Volume 6,33,89,388 Avg Vol 1Wk 1,66,63,242
Low price 380 ₹ High price 729 ₹ PEG Ratio -6.19 Debt to equity 0.04
52w Index 25.1 % Qtr Profit Var -11.8 % EPS 7.57 ₹ Industry PE 39.6

📊 SYNGENE International Ltd. shows mixed fundamentals. While the company has negligible debt-to-equity (0.04), providing financial stability, its profitability metrics remain weak with ROE at 7.74% and ROCE at 10.0%. Valuations are stretched with a P/E of 52.1 compared to industry average of 39.6, and a negative PEG ratio (-6.19) indicates poor growth-adjusted valuation. EPS is modest at ₹7.57, and dividend yield is minimal (0.27%). Quarterly PAT declined (-11.8%), raising concerns about earnings consistency, though sequential PAT improvement (₹68.7 Cr → ₹154 Cr) shows some recovery. Technicals suggest short-term strength with RSI at 65.4 and MACD at 7.54, supported by high trading volumes.

💰 Ideal Entry Price Zone: ₹440 – ₹455 (near 50 DMA support).

📈 Exit / Holding Strategy: Hold for 2–3 years; consider profit booking near ₹500–₹520 resistance unless profitability improves significantly.


✅ Positive

  • Low debt-to-equity ratio (0.04) ensures financial stability.
  • Sequential PAT improvement shows earnings recovery momentum.
  • DII holdings increased (+0.61%), reflecting domestic investor confidence.
  • Technical indicators (RSI 65.4, MACD 7.54) show short-term bullish momentum.

⚠️ Limitation

  • High P/E (52.1) compared to industry average (39.6).
  • Negative PEG ratio (-6.19) indicates poor growth-adjusted valuation.
  • Weak ROE (7.74%) and ROCE (10.0%).
  • Dividend yield is minimal (0.27%), offering limited income support.
  • FII holdings decreased (-1.05%), showing reduced foreign interest.

📉 Company Negative News

  • Quarterly profit variation (-11.8%) highlights earnings volatility.
  • High valuation multiples relative to profitability.

📈 Company Positive News

  • Sequential PAT improvement (₹68.7 Cr → ₹154 Cr).
  • Domestic institutional investors increasing stake.
  • Technical momentum supported by strong trading volumes.

🏭 Industry

  • Biotech and pharma sector trading at PE 39.6, offering moderate valuation levels.
  • Industry supported by demand for contract research and specialty pharma services.

🔎 Conclusion

SYNGENE is a cautious candidate for long-term investment. Entry near ₹440–₹455 offers better risk-reward. Hold for 2–3 years with profit booking near ₹500–₹520 resistance. While low debt and institutional support are positives, high valuations, weak ROE/ROCE, and earnings volatility limit upside potential. Improvement in profitability is essential for sustained long-term performance.

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