SIFY Communication ServicesBeta data

Sify Technologies Limited

$12.78+0.00%

Price as of close on Nov 3, 2026 · Financials updated Oct 1, 2026

Basics

Sector: Communication Services
Industry: Telecom Services
Country: India
Market cap: 925.7M USD
Enterprise value: 1.4B USD
Full-time employees: 1,047

Overall health

Drawback: less profitable than most peersless profitable than peers
Drawback: higher risk than most peers: its share price swings more than most peers’ (beta 1.32 vs a peer median of 0.65) and more debt relative to equity (2.56× vs a peer median of 0.37×)higher risk: bigger price swings (beta 1.32 vs peers 0.65) and more debt vs equity (2.56× vs peers 0.37×)
Not enough data: valuation

Would rank #326 of 454 fully scored communication services companies (bottom 29%)

Partial overall score — 3/4 categories available.

See how it ranks against its peers

Worth knowing

Paying shareholders without free cash flow. Paid out INR 23M over the 3 fiscal years to FY Mar 2026 with -INR 12.4B of free cash flow.
Sify Technologies returned INR 23M in buybacks and dividends over three fiscal years while its free cash flow totalled -INR 12.4B. The money came from its cash pile or from borrowing.
Borrowing rising faster than profit. Since FY Mar 2023: debt +97%, operating profit +14%.
Sify Technologies's debt grew 97% since FY Mar 2023 while operating profit changed +14%.
Sales growing faster than profits. Since FY Mar 2023: revenue +34%, operating profit +14%.
Since FY Mar 2023, Sify Technologies's revenue changed +34% but operating profit only +14%: costs are rising faster than sales.
Annual revenue rose 5 years in a row. Fiscal-year revenue rose from INR 24.3B in FY Mar 2021 to INR 44.9B in FY Mar 2026.
Sify Technologies's fiscal-year revenue rose in each of the five years to FY Mar 2026, from INR 24.3B to INR 44.9B.

StockQuotient Score

39/ 100

Oct 5 38 → Nov 4 39 (+1)

Fundamentals: Yahoo Finance, not primary filings

Valuation

Is the price right?

Insufficient data

Insufficient data: 1 of 3 inputs reported (at least 2 needed). We leave it blank rather than fill the gap with a made-up middle value.

Growth

Is it growing?

75/100

Moderate

2/3 inputs reported · Partial data

Since last year: ▲ Stronger

12-month revenue up 12.5%

Why

Stronger than most peers on:

▲ Revenue growth
▲ 3-yr revenue

Compare with peers

Behind the score

Revenue and earnings-per-share growth over one year, and revenue growth over three years.

Earnings per share growthUnavailable

Missing · left out of the score · no sector data, so not countedNot counted · remaining weights rescaledSector median: 0.0878 · MAD: 0.3126

3-year revenue growth10.3%

SEC filings (IFRS mapped) · 3 years to Mar 2026Reported value33% base weight · Z-score 1.07Sector median: 0.0303 · MAD: 0.0683

Revenue growth12.5%

SEC filings (IFRS mapped) · 12 months to Mar 2026Reported value33% base weight · Z-score 1.32Sector median: 0.0299 · MAD: 0.0720

Profitability

Does it earn well?

31/100

Weak

3/3 inputs reported · High confidence

Since last year: No major change

Why

Weaker than most peers on:

▼ ROA

Compare with peers

Behind the score

Return on invested capital, operating margin, and return on assets.

Operating margin6.7%

SEC filings (IFRS mapped) · 12 months to Mar 2026Reported value33% base weight · Z-score -0.19Sector median: 0.0818 · MAD: 0.0789

Return on assets-1.5%

SEC filings (IFRS mapped) · 12 months to Mar 2026Reported value33% base weight · Z-score -1.33Sector median: 0.0272 · MAD: 0.0318

Return on invested capital4.2%

SEC filings (IFRS mapped) · 12 months to Mar 2026Reported value33% base weight · Z-score -0.26Sector median: 0.0598 · MAD: 0.0706

Other data (not scored)

Gross margin42.1%

Yahoo Finance · trailing 12 monthsReported valueInformational · 0% composite weightSector median: 0.4656 · MAD: 0.1827

Return on equityUnavailable

Missing · left out of the scoreInformational · 0% composite weightSector median: 0.0529 · MAD: 0.1007

Risk

Debt, liquidity, price swings

Higher

Higher relative risk

2/3 inputs reported · Partial data

Since last year: Changed: worth a look

Debt up 20%

Why

Weaker than most peers on:

▼ Beta
▼ Debt / equity

Compare with peers

Behind the score

Relative to sector peers: 0 = lower relative risk · 1 = moderate · 2 = higher. Based on leverage, beta and liquidity.

Beta1.32

Yahoo Finance · 5-year monthly beta vs the marketReported value33% base weight · Z-score -2.34Sector median: 0.6525 · MAD: 0.2880

Current ratioUnavailable

Missing · left out of the score · no sector data, so not countedNot counted · remaining weights rescaledSector median: 1.3848 · MAD: 0.6948

Debt / equity2.56×

Yahoo FinanceReported value33% base weight · Z-score -6.58Sector median: 0.3697 · MAD: 0.3335

Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.

Questions investors ask about Sify Technologies

Is Sify Technologies getting weaker?: Its latest SEC filing (Jun 26, 2026) showed no major changes: debt up 20%. Its overall score is unchanged at 39/100 since Oct 28, 2026.
How is Sify Technologies valued vs its peers?: Insufficient data: 1 of 3 inputs reported (at least 2 needed).
Is Sify Technologies growing?: Yes, faster than most of its peers. Growth scores 75/100 against 512 communication services peers. Revenue growth 12.5% vs a peer median of 3.0% (stronger than 77% of peers).Revenue growth 12.5% vs peers 3.0% (stronger than 77% of peers).
How profitable is Sify Technologies?: Less profitable than most of its peers. Profitability scores 31/100 against 512 communication services peers. Return on assets -1.5% vs a peer median of 2.7% (weaker than 81% of peers).Return on assets -1.5% vs peers 2.7% (weaker than 81% of peers).
How risky is Sify Technologies?: Higher risk relative to 512 communication services peers, judged on debt, liquidity and share-price swings. Beta 1.32 vs a peer median of 0.65 (weaker than 89% of peers).Beta 1.32 vs peers 0.65 (weaker than 89% of peers). A relative measure, not a bankruptcy probability.

Latest filing: what changed

Year ended Mar 31, 2026 · filed Jun 26, 2026 · compared with the year ended Mar 31, 2025

No major changes

Debt up 20%

	Previous year	Latest year	Change
Revenue (12 months)	39.9B INR	44.9B INR	+12.5%
Net income (12 months)	−785.0M INR	−1.4B INR	+74.0%
Operating margin	5.7%	6.7%	+1.1 pts
Free cash flow (12 months)	−2.4B INR	−4.8B INR	+95.4%
Debt	35.4B INR	42.5B INR	+20.2%
Cash	5.0B INR	4.1B INR	−18.0%

From the company’s own SEC filings, as filed. Twelve-month figures roll forward one year at a time.

Financials

Fiscal years from SEC annual filings · change vs the prior year · amounts in INR, as reported

Key ratios	FY Mar 2022	FY Mar 2023	FY Mar 2024	FY Mar 2025	FY Mar 2026	Change
Gross margin	—	36.0%	37.2%	37.5%	40.2%	▲ 2.7 pts
Operating margin	10.6%	7.9%	6.7%	5.7%	6.7%	▲ 1.1 pts
Net margin	4.7%	2.0%	0.5%	-2.0%	-3.0%	▼ 1.1 pts
Return on assets (ROA)	2.7%	1.2%	0.2%	-0.9%	-1.5%	▼ 0.6 pts
Return on equity (ROE)	8.7%	4.5%	0.9%	-3.9%	-7.2%	▼ 3.3 pts
Free cash flow margin	-16.9%	-10.5%	-14.6%	-6.1%	-10.7%	▼ 4.5 pts
Current ratio	1.04×	1.01×	1.02×	0.90×	0.74×	▼ 18%
Quick ratio	0.93×	0.92×	0.88×	0.76×	0.65×	▼ 14%
Debt to equity	1.03×	1.42×	1.66×	2.15×	2.25×	▲ 4.4%
Interest coverage	2.62×	1.58×	1.09×	0.82×	0.76×	▼ 7.6%

SIFY price history

Price history is added with the daily price update and will appear after the next one.

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Bringing the fundamentals into focus…

Overall health

Drawback: less profitable than most peersless profitable than peers

Drawback: higher risk than most peers: its share price swings more than most peers’ (beta 1.32 vs a peer median of 0.65) and more debt relative to equity (2.56× vs a peer median of 0.37×)higher risk: bigger price swings (beta 1.32 vs peers 0.65) and more debt vs equity (2.56× vs peers 0.37×)

Not enough data: valuation

Would rank #326 of 454 fully scored communication services companies (bottom 29%)

Partial overall score — 3/4 categories available.

See how it ranks against its peers

Worth knowing

Paying shareholders without free cash flow. Paid out INR 23M over the 3 fiscal years to FY Mar 2026 with -INR 12.4B of free cash flow.

Sify Technologies returned INR 23M in buybacks and dividends over three fiscal years while its free cash flow totalled -INR 12.4B. The money came from its cash pile or from borrowing.

Borrowing rising faster than profit. Since FY Mar 2023: debt +97%, operating profit +14%.

Sify Technologies's debt grew 97% since FY Mar 2023 while operating profit changed +14%.

Sales growing faster than profits. Since FY Mar 2023: revenue +34%, operating profit +14%.

Since FY Mar 2023, Sify Technologies's revenue changed +34% but operating profit only +14%: costs are rising faster than sales.

Annual revenue rose 5 years in a row. Fiscal-year revenue rose from INR 24.3B in FY Mar 2021 to INR 44.9B in FY Mar 2026.

Sify Technologies's fiscal-year revenue rose in each of the five years to FY Mar 2026, from INR 24.3B to INR 44.9B.

Questions investors ask about Sify Technologies

Is Sify Technologies getting weaker?

Its latest SEC filing (Jun 26, 2026) showed no major changes: debt up 20%. Its overall score is unchanged at 39/100 since Oct 28, 2026.

How is Sify Technologies valued vs its peers?

Insufficient data: 1 of 3 inputs reported (at least 2 needed).

Is Sify Technologies growing?

Yes, faster than most of its peers. Growth scores 75/100 against 512 communication services peers. Revenue growth 12.5% vs a peer median of 3.0% (stronger than 77% of peers).Revenue growth 12.5% vs peers 3.0% (stronger than 77% of peers).

How profitable is Sify Technologies?

Less profitable than most of its peers. Profitability scores 31/100 against 512 communication services peers. Return on assets -1.5% vs a peer median of 2.7% (weaker than 81% of peers).Return on assets -1.5% vs peers 2.7% (weaker than 81% of peers).

How risky is Sify Technologies?

Higher risk relative to 512 communication services peers, judged on debt, liquidity and share-price swings. Beta 1.32 vs a peer median of 0.65 (weaker than 89% of peers).Beta 1.32 vs peers 0.65 (weaker than 89% of peers). A relative measure, not a bankruptcy probability.

Previous year

Latest year

Change

Revenue (12 months)

39.9B INR

44.9B INR

+12.5%

Net income (12 months)

−785.0M INR

−1.4B INR

+74.0%

Operating margin

5.7%

6.7%

+1.1 pts

Free cash flow (12 months)

−2.4B INR

−4.8B INR

+95.4%

Debt

35.4B INR

42.5B INR

+20.2%

Cash

5.0B INR

4.1B INR

−18.0%

Key ratios

FY Mar 2022

FY Mar 2023

FY Mar 2024

FY Mar 2025

FY Mar 2026

Change

Gross margin

—

36.0%

37.2%

37.5%

40.2%

▲ 2.7 pts

Operating margin

10.6%

7.9%

6.7%

5.7%

6.7%

▲ 1.1 pts

Net margin

4.7%

2.0%

0.5%

-2.0%

-3.0%

▼ 1.1 pts

Return on assets (ROA)

2.7%

1.2%

0.2%

-0.9%

-1.5%

▼ 0.6 pts

Return on equity (ROE)

8.7%

4.5%

0.9%

-3.9%

-7.2%

▼ 3.3 pts

Free cash flow margin

-16.9%

-10.5%

-14.6%

-6.1%

-10.7%

▼ 4.5 pts

Current ratio

1.04×

1.01×

1.02×

0.90×

0.74×

▼ 18%

Quick ratio

0.93×

0.92×

0.88×

0.76×

0.65×

▼ 14%

Debt to equity

1.03×

1.42×

1.66×

2.15×

2.25×

▲ 4.4%

Interest coverage

2.62×

1.58×

1.09×

0.82×

0.76×

▼ 7.6%