Financials Sify Technologies Limited

Equities

SIFY

US82655M2061

Integrated Telecommunications Services

Market Closed - Nasdaq Other stock markets 21:00:00 13/05/2026 BST			5-day change	1st Jan Change
16.18 ^USD	+1.86%		+5.93%	+32.69%

05-08	Asian Equities Traded in the US as American Depositary Receipts Edge Higher Friday	MT
05-07	Asian Equities Traded in the US as American Depositary Receipts Track Lower in Thursday Trading	MT

Projected Income Statement: Sify Technologies Limited

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	332	354.1	407.1	427.3	466.9	482.5	792.3	918.2
Change	-	6.66%	14.97%	4.97%	9.25%	3.35%	64.2%	15.89%
EBITDA ¹	69.41	79.06	76.67	81.02	88.51	106.1	190.6	228.8
Change	-	13.89%	-3.02%	5.68%	9.25%	19.91%	79.58%	20.04%
EBIT ¹	30.7	35.85	28.26	23.78	22.58	27.92	64.7	87.7
Change	-	16.76%	-21.16%	-15.86%	-5.05%	23.67%	131.71%	35.55%
Interest Paid ¹	-10.8	-13.45	-17.45	-23.22	-32.09	-42.18	-59	-68.3
Earnings before Tax (EBT) ¹	-	24.19	12.44	2.782	-3.348	-10.12	6.9	20.6
Change	-	-	-48.55%	-77.64%	-220.33%	-202.24%	168.2%	198.55%
Net income ¹	-	17.73	8.214	0.5876	-9.188	-14.57	6.6	19.6
Change	-	-	-53.66%	-92.85%	-1,663.69%	-58.56%	145.3%	196.97%
Announcement Date	07/05/21	18/04/22	24/04/23	22/04/24	18/04/25	13/04/26	-	-

¹USD in Million

Estimates

Fiscal Period: March	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3	2027 Q4
Net sales ¹	86.28	93.64	86.77	93.42	91.27	89.16	96.53	96.02	109.1	108	104.2	105.8	104.1	115.6	112.5	122.2	121.2	113.5	124.6	119.9	128.5	180.2	186.6	190.5	200.6	214.7
Change	-	8.53%	-7.34%	7.67%	-2.31%	-2.31%	8.27%	-0.54%	13.64%	-1.03%	-3.53%	1.52%	-1.58%	11.02%	-2.62%	8.59%	-0.86%	-6.29%	9.79%	-3.76%	7.15%	40.21%	3.55%	2.09%	5.3%	7.03%
EBITDA ¹	17.68	19.83	19.56	19.75	21.18	20.11	19.1	18.25	19.86	19.95	21.01	18.28	20.3	21.87	21.31	23.35	22.1	22.25	24.54	26.89	27.37	40.1	43.1	45.2	48.8	53.4
Change	-	12.2%	-1.4%	1%	7.22%	-5.04%	-5.05%	-4.42%	8.79%	0.47%	5.33%	-13.03%	11.1%	7.72%	-2.57%	9.56%	-5.33%	0.67%	10.27%	9.58%	1.82%	46.48%	7.48%	4.87%	7.96%	9.43%
EBIT ¹	7.956	8.9	8.77	9.187	9.93	8.909	7.488	6.689	7.641	6.642	7.387	3.633	6.083	6.775	5.71	7.612	5.405	4.015	5.021	7.072	6.45	11.6	12.5	14.2	17.1	20.9
Change	-	11.87%	-1.47%	4.76%	8.09%	-10.28%	-15.95%	-10.67%	14.23%	-13.08%	11.21%	-50.81%	67.42%	11.38%	-15.73%	33.31%	-29%	-25.71%	25.07%	40.84%	-8.79%	79.84%	7.76%	13.6%	20.42%	22.22%
Charge d'intérêts ¹	-2.975	-2.676	-3.053	-3.361	-3.741	-3.514	-3.519	-4.379	-5.152	-4.479	-5.739	-3.692	-6.311	-6.572	-8.003	-8.266	-8.419	-8.919	-9.729	-10.41	-10.44	-14.1	-14.8	-14.8	-14.8	-14.8
Earnings before Tax (EBT) ¹	5.477	-	5.918	6.165	6.418	6.132	4.946	2.661	2.784	2.194	1.816	0.6256	-0.2404	1.631	-0.5495	1.035	-1.374	-3.687	-3.743	-2.209	-2.848	-2.2	-1.9	-0.3	2.7	6.4
Change	-	-	-	4.17%	4.11%	-4.46%	-19.33%	-46.2%	4.63%	-21.21%	-17.21%	-65.55%	-138.43%	778.3%	-133.69%	288.31%	-232.81%	-168.3%	-1.51%	40.97%	-28.93%	22.76%	13.64%	84.21%	1,000%	137.04%
Net income ¹	3.451	-	4.425	4.761	4.629	4.258	3.394	1.355	3.164	0.4144	1.158	0.1805	-0.1683	0.4557	-1.254	0.5828	-2.979	-6.765	-4.521	-3.132	-3.646	-1.5	-1.8	-0.3	2.5	6.1
Change	-	-	-	7.58%	-2.78%	-8.01%	-20.3%	-60.08%	133.58%	-86.91%	179.46%	-84.41%	-193.26%	370.75%	-375.24%	146.46%	-611.24%	-127.07%	33.17%	30.74%	-16.43%	58.86%	-20%	83.33%	933.33%	144%
Announcement Date	28/01/21	07/05/21	30/07/21	29/10/21	24/01/22	18/04/22	22/07/22	21/10/22	25/01/23	24/04/23	20/07/23	20/10/23	18/01/24	22/04/24	19/07/24	22/10/24	17/01/25	18/04/25	18/07/25	25/10/25	12/01/26	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Sify Technologies Limited

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Announcement Date	07/05/21	18/04/22	24/04/23	22/04/24	18/04/25	13/04/26	-	-

Estimates

Cash Flow Forecast: Sify Technologies Limited

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
CAPEX ¹	47.55	87.08	141.6	133.3	129.5	178.3	221.8	229.5
Change	-	83.14%	62.64%	-5.9%	-2.83%	37.68%	24.4%	3.47%
Free Cash Flow (FCF) ¹	58.06	-58.34	-39.96	-73.55	-28.56	-103.6	-123.6	-79.8
Change	-	-200.48%	31.5%	-84.05%	61.17%	-262.72%	-19.31%	35.44%
Announcement Date	07/05/21	18/04/22	24/04/23	22/04/24	18/04/25	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Sify Technologies Limited

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	20.91%	22.33%	18.83%	18.96%	18.96%	22%	24.06%	24.92%
EBIT Margin (%)	9.25%	10.12%	6.94%	5.56%	4.84%	5.79%	8.17%	9.55%
EBT Margin (%)	-	6.83%	3.06%	0.65%	-0.72%	-2.1%	0.87%	2.24%
Net margin (%)	-	5.01%	2.02%	0.14%	-1.97%	-3.02%	0.83%	2.13%
FCF margin (%)	17.49%	-16.48%	-9.82%	-17.21%	-6.12%	-15.11%	-15.6%	-8.69%
FCF / Net Income (%)	-	-329.1%	-486.54%	-12,517.59%	310.85%	616.67%	-1,872.73%	-407.14%
Profitability
ROA	-	-	-	-	-	-	-	-
ROE	12.5%	9.84%	4.55%	0.24%	-4.11%	-5.7%	2%	5.8%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	14.32%	24.59%	34.79%	31.19%	27.74%	26.01%	27.99%	24.99%
CAPEX / EBITDA (%)	68.5%	110.15%	184.73%	164.5%	146.3%	117.77%	116.37%	100.31%
CAPEX / FCF (%)	81.89%	-149.26%	-354.38%	-181.19%	-453.4%	-172.1%	-179.45%	-287.59%
Items per share
Cash flow per share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Dividend per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EPS ¹	0.6828	0.517	0.2656	0.0187	-0.0245	-0.04	0.02	0.05
Change	-	-24.29%	-48.63%	-92.95%	-230.93%	-63.2%	150%	150%
Nbr of stocks (in thousands)	29,871	30,373	30,457	30,473	72,222	72,350	72,350	72,350
Announcement Date	07/05/21	18/04/22	24/04/23	22/04/24	18/04/25	-	-	-