---
title: "Synoptics Technologies Ltd (SYNOPTICS) — Share Price, Financials & Analysis"
symbol: "SYNOPTICS"
company: "Synoptics Technologies Ltd"
canonical: "https://tapetide.com/stocks/SYNOPTICS"
isin: "INE0BTR01012"
nse_symbol: "SYNOPTICS"
sector: "Information Technology"
industry: "IT - Services"
market_cap_cr: 41.85
generated_at: "2026-09-13T20:00:16.269Z"
---

# Synoptics Technologies Ltd (SYNOPTICS)

Canonical page: https://tapetide.com/stocks/SYNOPTICS

## Company

- **NSE Symbol:** SYNOPTICS
- **ISIN:** INE0BTR01012
- **Sector:** Information Technology
- **Industry:** IT - Services
- **Macro Sector:** Information Technology
- **Stock Type:** EQUITY
- **Listed Since:** 2023-07-13
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** synoptics.co.in

## About

Incorporated in 2008, Synoptics Technologies 
 Ltd does trade in IT products and provides information & Telecom Technology networking solutions[1]

## Latest Price

- **Price:** ₹49.35
- **Change:** 0 (0%)
- **Open:** ₹49.35
- **Day High:** ₹49.35
- **Day Low:** ₹49.35
- **Previous Close:** ₹49.35
- **Volume:** 0
- **As Of:** 2026-09-11T10:01:44+00:00

## Key Fundamentals

Observed at 2026-09-11T04:39:59.223348Z.

- **Market Cap:** ₹41.85 Cr
- **Classification:** SME
- **P/E (reported):** 10.2
- **Book Value:** ₹86.97
- **Price to Book:** 0.57
- **Dividend Yield:** 0%
- **ROE:** 5.79%
- **ROCE:** 10.19%
- **Debt to Equity:** 0.45
- **Revenue (yearly):** ₹57.05 Cr
- **Net Income:** ₹4.09 Cr
- **EBITDA:** ₹10.04 Cr
- **52-Week High:** ₹112.35
- **52-Week Low:** ₹39.65
- **RSI (14):** 28.6

## Tapetide Score

- **Score:** 56 / 100
- **Score date:** 2026-09-04
- **Archetype:** Out of Favour
- **What it means:** Financially sound, yet the market is not rewarding it. Cases like this usually need a specific reason the pessimism is misplaced, and patience for that reason to play out.
- **Pillar profile:** Quality: Good · Valuation: Cheap · Momentum: Falling
- **Percentile:** 74.1 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 29.37 | 9% |
| growth | 65.99 | 9% |
| momentum | 46.19 | 12% |
| ownership | 50 | 24% |
| quality | 75.95 | 22% |
| valuation | 75.58 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Stock is trading at 0.57 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 10.5% over past five years.
- Company has a low return on equity of 7.64% over last 3 years.
- Company might be capitalizing the interest cost

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 96.72% | -20.63% | -127.74% |
| ebitda margin growth | 7.9% | -33.64% | -45.69% | -20.2% |
| net income growth | 3.5% | 2.25% | -15% | 11% |
| revenue growth | 23.6% | 31.45% | 4% | 11% |
| roce | — | -28.49% | -66.85% | 21.5% |
| roe | — | -36.58% | 13.68% | -64.89% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2022 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 23.76 | 26.1 | 17.14 | 23.6 | 19.67 | 29.64 | 27.41 |
| Expenses | 16.28 | 19.43 | 10.12 | 15.68 | 16.35 | 22.24 | 24.78 |
| Operating Profit | 7.48 | 6.67 | 7.02 | 7.92 | 3.32 | 7.4 | 2.63 |
| OPM % | 31.48 | 25.56 | 40.96 | 33.56 | 16.88 | 24.97 | 9.6 |
| Other Income | 0.02 | 0.05 | 0.12 | 0 | 0.1 | 0.03 | 0.81 |
| Interest | 0.92 | 1.21 | 1.16 | 1.43 | 1.04 | 1.28 | 1.04 |
| Depreciation | 2.26 | 1.64 | 1.95 | 1.86 | 1.39 | 1.61 | 1.71 |
| Profit before tax | 4.32 | 3.87 | 4.03 | 4.63 | 0.99 | 4.54 | 0.69 |
| Tax % | 17.36 | 18.86 | 29.03 | 25.27 | 41.41 | 25.11 | 1.45 |
| Net Profit | 3.57 | 3.14 | 2.87 | 3.46 | 0.58 | 3.4 | 0.69 |
| EPS in Rs | 5.1 | 3.7 | 3.38 | 4.08 | 0.68 | 4.01 | 0.81 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 22.05 | 34.62 | 50.79 | 51 | 43.14 | 43.23 | 57.05 |
| Expenses | 15.69 | 26.76 | 39.74 | 35.53 | 29.45 | 31.8 | 47 |
| Operating Profit | 6.36 | 7.86 | 11.05 | 15.47 | 13.69 | 11.43 | 10.05 |
| OPM % | 28.84 | 22.7 | 21.76 | 30.33 | 31.73 | 26.44 | 17.62 |
| Other Income | 0.04 | 0.04 | 0.05 | 0.15 | 0.17 | 0.11 | 0.84 |
| Interest | 1.66 | 1.54 | 1.39 | 2.3 | 2.37 | 2.67 | 2.33 |
| Depreciation | 2.32 | 3.06 | 3.88 | 4.57 | 3.59 | 3.25 | 3.31 |
| Profit before tax | 2.42 | 3.3 | 5.83 | 8.75 | 7.9 | 5.62 | 5.25 |
| Tax % | 15.7 | 26.36 | 26.42 | 24.34 | 24.05 | 28.11 | 21.9 |
| Net Profit | 2.04 | 2.43 | 4.29 | 6.63 | 6.01 | 4.04 | 4.09 |
| EPS in Rs | 2.91 | 3.47 | 6.13 | 9.47 | 7.09 | 4.76 | 4.82 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 7 | 7 | 7 | 7 | 8.48 | 8.48 | 8.48 |
| Reserves | 5.3 | 7.73 | 12.02 | 18.4 | 57.27 | 61.36 | 65.27 |
| Borrowings | 12.9 | 11.95 | 14.1 | 21.77 | 20.29 | 33.58 | 32.92 |
| Other Liabilities | 8.06 | 10.92 | 9.68 | 8.33 | 5.94 | 10.37 | 14.32 |
| Total Liabilities | 33.26 | 37.6 | 42.8 | 55.5 | 91.98 | 113.79 | 120.99 |
| Fixed Assets | 11.97 | 11.63 | 12.64 | 8.98 | 11.11 | 16.78 | 26.19 |
| CWIP | 0.33 | 0.45 | 1.08 | 3.84 | 4.16 | 6.72 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 20.96 | 25.52 | 29.08 | 42.68 | 76.71 | 90.29 | 94.8 |
| Total Assets | 33.26 | 37.6 | 42.8 | 55.5 | 91.98 | 113.79 | 120.99 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 1.43 | 2.74 | 6 | -0.63 | -23.17 | -0.76 | 9.37 |
| Cash from Investing Activity | -2.04 | -2.81 | -5.35 | -3.67 | -6.05 | -11.48 | -6.01 |
| Cash from Financing Activity | 2.2 | -2.04 | -1.93 | 5.48 | 30.66 | 11.08 | -2.78 |
| Net Cash Flow | 1.59 | -2.11 | -1.29 | 1.18 | 1.45 | -1.16 | 0.58 |
| Free Cash Flow | -0.63 | 0.65 | 3.16 | -4.3 | -29.22 | -12.24 | 3.36 |
| CFO/OP | 29 | 49 | 64 | 13 | -154 | 6 | 106 |

### Ratios

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 222.81 | 101.95 | 77.69 | 148.5 | 138.17 | 160.42 | 148.82 |
| Inventory Days | 70.39 | 43.03 | 94.86 | 124.82 | 128.71 | 116.37 | 31.66 |
| Days Payable | 190.19 | 86.46 | 67.41 | 59.62 | 52.43 | 129.17 | 124.1 |
| Cash Conversion Cycle | 103.01 | 58.51 | 105.14 | 213.7 | 214.45 | 147.61 | 56.38 |
| Working Capital Days | 65.88 | 83.08 | 47.93 | 130.11 | 261.52 | 251.44 | 201.6 |
| ROCE % | — | 18.66 | 24.15 | 27.53 | 15.42 | 8.75 | 7.22 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Promoters | 73.11% | 73.11% | 73.11% | 73.11% | 73.11% | 73.11% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 24.62% | 24.71% | 24.54% | 24.33% | 23.72% | 23.79% |
| Others | 2.27% | 2.18% | 2.34% | 2.55% | 3.16% | 3.1% |
| No. of Shareholders | 2133 | 2041 | 2015 | 1749 | 1514 | 1439 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 6 / 1 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 53.33 | Sell |
| EMA (10) | 53.66 | Sell |
| SMA (20) | 62.52 | Sell |
| EMA (20) | 58.95 | Sell |
| SMA (50) | 64.31 | Sell |
| EMA (50) | 61.97 | Sell |
| SMA (100) | 58.17 | Sell |
| EMA (100) | 61.77 | Sell |
| SMA (200) | 63.73 | Sell |
| EMA (200) | 66.41 | Sell |

### Oscillators — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 28.6 | Buy |
| MACD (12,26,9) | -5.53 | Sell |
| Stochastic (14,3,3) | 17.84 | Buy |
| ADX (14) | 41.12 | Buy |
| Williams %R (14) | -82.16 | Buy |
| ATR (14) | 2.62 | High Volatility |
| ROC (12) | -26.83 | Sell |
| Stoch RSI (14) | 19.74 | Buy |
| UO (7,14,28) | 29.05 | Buy |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 Jun - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written … | [Price movement 9 Jun - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written …](https://www.nseindia.com/companies-listing/corporate-filings-announcements?symbol=SYNOPTICS&tabIndex=sme) |
| 8 Sep - Board approved FY26 annual report, AGM on 30 September 2026, and auditor appointments. | [Outcome of Board Meeting 8 Sep - Board approved FY26 annual report, AGM on 30 September 2026, and auditor appointments.](https://nsearchives.nseindia.com/corporate/SYNOPTICS_08092026160443_Outcome_of_BM_Signed_STL.pdf) |
| 8 January 2026 - Received ~Rs7.86 Crore BSNL order to deploy Wi‑Fi across 6,600 Gujarat Gram Panchayats. | [Bagging/Receiving of orders/contracts 8 January 2026 - Received ~Rs7.86 Crore BSNL order to deploy Wi‑Fi across 6,600 Gujarat Gram Panchayats.](https://nsearchives.nseindia.com/corporate/SYNOPTICS_08012026183144_New_STL_NSE_INTIMATION_ORDER_JAN2026.pdf) |
| 6 April 2026 - Synoptics Technologies Limited has informed regarding 'DECLARATION UNDER REGULATION 31(4) READ WITH REGULATION 31(5) OF SEBI (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011'. | [Updates 6 April 2026 - Synoptics Technologies Limited has informed regarding 'DECLARATION UNDER REGULATION 31(4) READ WITH REGULATION 31(5) OF SEBI (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011'.](https://nsearchives.nseindia.com/corporate/SYNOPTICS_06042026193420_STL_TAKEOVER_31_SAST.pdf) |
| 5 December 2025 - BSNL awarded approx ₹8.76 Crore, three-year managed Wi‑Fi contract for Jharkhand public healthcare facilities. | [Bagging/Receiving of orders/contracts 5 December 2025 - BSNL awarded approx ₹8.76 Crore, three-year managed Wi‑Fi contract for Jharkhand public healthcare facilities.](https://nsearchives.nseindia.com/corporate/SYNOPTICS_05122025220344_STL_NSE_INTIMATION_Signed.pdf) |
| 30 January 2026 - Investor Grievance Report for quarter ended Dec 31, 2025: zero complaints received, nil pending. | [Updates 30 January 2026 - Investor Grievance Report for quarter ended Dec 31, 2025: zero complaints received, nil pending.](https://nsearchives.nseindia.com/corporate/SYNOPTICS_30012026150318_STL_INV_GRV_Dec_25_SIGNED.pdf) |
| 30 April 2026 - Company states SEBI large corporate annual disclosure not applicable for FY 2025-26. | [Updates 30 April 2026 - Company states SEBI large corporate annual disclosure not applicable for FY 2025-26.](https://nsearchives.nseindia.com/corporate/SYNOPTICS_30042026153948_STL_NSE_LC_MARCH26_SIGNED.pdf) |
| 28 May 2026 - Board approved audited FY26 standalone and consolidated results; standalone revenue Rs 5,699.35 lakh, net profit Rs 408.54 lakh. | [Outcome of Board Meeting 28 May 2026 - Board approved audited FY26 standalone and consolidated results; standalone revenue Rs 5,699.35 lakh, net profit Rs 408.54 lakh.](https://nsearchives.nseindia.com/corporate/SYNOPTICS_28052026174812_STL_NSE_OUTCOME_STL_Signed.pdf) |
| 28 Jun - NSE reply on FY25 results; SEBI order restrains promoters/company from trading until further orders. | [Reply to Clarification- Financial results 28 Jun - NSE reply on FY25 results; SEBI order restrains promoters/company from trading until further orders.](https://nsearchives.nseindia.com/corporate/SYNOPTICS_19022026130043_STL_NSE_REPLY_FR_SEP25_Signed.pdf) |
| 27 May 2026 - Submitted SDD compliance certificate for FY ended March 31, 2026; company captured 2 required UPSI events. | [Structural Digital Database 27 May 2026 - Submitted SDD compliance certificate for FY ended March 31, 2026; company captured 2 required UPSI events.](https://nsearchives.nseindia.com/corporate/SYNOPTICS_27052026190609_STL_SDD_March_26_SIGNED.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_31870_SYNOPTICS_2025_2026_A_2630230_08092026162246.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28746_SYNOPTICS_2024_2025_A_1735320_06092025143823.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_26124_SYNOPTICS_2023_2024_07092024122745.pdf) |
| from nse | [Annual Report 2023 from nse](https://archives.nseindia.com/annual_reports/SME_AR_23537_SYNOPTICS_2022_2023_05092023181418_09052023190032.zip) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Jul 2023 | [Concall - Jul 2023](https://archives.nseindia.com/corporate/SYNOPTICS_31072023144956_STL_INVESTORPRESENTATION.PDF) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T20:00:16.269Z.