Business Description
Sify Technologies Limited, headquartered in Chennai, India, delivers a comprehensive array of information and communication technology (ICT) solutions and services to clients both in India and globally. The company's operations are structured into three distinct segments: Network Centric Services, Data Center Services, and Digital Services. The Network Centric Services division offers a variety of connectivity and managed network solutions. These include internet access, secure virtual private networks (VPNs) utilizing IP and MPLS technologies, SD-WAN, managed Wi-Fi, and Internet of Things (IoT) platforms. It also provides wholesale and retail voice services, diverse managed services, dedicated internet access, and proactive monitoring and management for network infrastructure and devices. Within the Data Center Services segment, Sify provides co-location facilities alongside a full suite of managed data center services. These encompass storage and backup management, performance and infrastructure monitoring, assurance of network availability, server load balancing, managed shared firewalls, web server log reporting, and both remote and on-site technical support, often referred to as 'smart hands' services. The Digital Services segment is extensive, covering managed network and EDGE services, as well as a broad spectrum of cloud and managed solutions. These include cloud and storage offerings, value-added services, and managed services for domestic and international clients. This segment also specializes in technology integration, delivering services such as system integration, data center construction, network and security solutions, remote and on-site infrastructure management, and managed security services, alongside the sale of relevant hardware and software. Furthermore, it offers applications integration, supporting talent and supply chain management, online assessments, web development, document and content management, digital signatures, and digital certificate-based authentication. This includes the sale of digital certificates, implementation and maintenance of industry-specific applications, development of supply chain software and eLearning software, and the operation of various web portals. Originally incorporated in 1995 as Sify Limited, the company was renamed Sify Technologies Limited in October 2007.
Business History
Price Overview
Last updated: Jun 27, 2026 9:01am (just now)Price History (1 Year)
Revenue & Net Income Trend
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
EPS (Diluted): -19.68
Total Equity: $20.13B
Shares: 72,435,000
Total Debt: $35.70B
Cash: $5.00B
EBITDA: $10.82B
Total Debt: $35.70B
Cash: $5.00B
Revenue: $47.22B
Shares: 72,435,000
Revenue: $47.22B
Revenue: $47.22B
Revenue: $47.22B
Total Equity: $20.13B
Tax Rate: -45.2%
Equity: $20.13B
Total Debt: $35.70B
Cash: $5.00B
Current Liabilities: $27.66B
Long-Term Debt: $28.22B
Total Debt: $35.70B
Total Equity: $20.13B
Shares: 72,435,000
Shares: 72,435,000
CapEx: -$12.32B
Shares: 72,435,000
Stock Price: $15.69
Net Income: -$1.43B
Industry Benchmarks
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
Income Statement (Annual)
Last updated: Jun 21, 2026 7:41pm (5d ago)| Metric | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Revenue | $27.5B | $33.4B | $35.6B | $39.9B | $47.2B |
| Cost of Revenue | $19.7B | $21.4B | $22.4B | $24.9B | $35.9B |
| Gross Profit | $7.8B | $12.0B | $13.3B | $15.0B | $11.3B |
| Operating Expenses | $5.0B | $9.4B | $10.9B | $12.7B | $8.5B |
| Operating Income | $2.8B | $2.6B | $2.4B | $2.3B | $2.8B |
| Net Income | $1.3B | $674.5M | $168.9M | -$785.0M | -$1.4B |
| EBITDA | $6.3B | $6.7B | $7.3B | $8.1B | $10.8B |
| EPS | $19.20 | $10.26 | $2.58 | $-10.86 | $-19.68 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 21, 2026 7:41pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $5.1B | $3.8B | $3.7B | $4.1B | $5.0B |
| Total Current Assets | $17.2B | $22.0B | $22.3B | $24.2B | $26.6B |
| Total Assets | $36.7B | $47.1B | $57.4B | $71.0B | $83.2B |
| Current Liabilities | $16.9B | $21.1B | $22.1B | $23.6B | $27.7B |
| Long-Term Debt | $3.6B | $7.8B | $13.8B | $23.3B | $28.2B |
| Total Liabilities | $23.5B | $32.6B | $40.3B | $52.9B | $63.0B |
| Total Equity | $13.2B | $14.5B | $17.1B | $18.1B | $20.1B |
| Retained Earnings | -$8.7B | -$7.5B | -$6.8B | -$6.6B | -$7.8B |
Cash Flow (Annual)
Last updated: Jun 21, 2026 7:41pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $7.0B | $2.2B | $8.3B | $5.0B | $8.6B |
| Capital Expenditure | -$3.8B | -$7.4B | -$13.2B | -$12.4B | -$12.3B |
| Free Cash Flow | $3.2B | -$5.1B | -$4.9B | -$7.4B | -$3.7B |
| Acquisitions (net) | $0 | $0 | $0 | $0 | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $4.0B | -$1.2B | -$308.3M | $165.3M | $1.1B |
Analyst Estimates (Annual)
Last updated: Jun 27, 2026 9:01am (just now)| Metric | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| Revenue |
$54.5B $54.5B – $54.5B
|
$63.1B $63.1B – $63.1B
|
$73.8B $73.8B – $73.8B
|
$85.5B $85.5B – $85.5B
|
| EBITDA |
$11.5B $11.5B – $11.5B
|
$13.4B $13.4B – $13.4B
|
$15.6B $15.6B – $15.6B
|
$18.1B $18.1B – $18.1B
|
| Net Income |
-$62.1M -$62.1M – -$62.1M
|
-$266.7M -$266.7M – -$266.7M
|
$135.0M $135.0M – $135.0M
|
$337.4M $337.4M – $337.4M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 21, 2026 7:41pm (5d ago)| Metric | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Revenue Growth | +21.5% | +6.7% | +11.9% | +18.4% |
| Gross Profit Growth | +53.5% | +10.2% | +12.9% | -24.4% |
| Operating Income Growth | -5.6% | -9.4% | -5.9% | +22.9% |
| Net Income Growth | -47.3% | -75.0% | -564.6% | -81.6% |
| EBITDA Growth | +5.3% | +9.9% | +10.4% | +33.7% |
Insider Trading (Recent)
All SEC Form 4 codes
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-03-18 | Seth Arun | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Bradicich Thomas Michael | 0.00 | $0.00 | $0 | |
| 2026-03-18 | VEGESNA ANANTA KOTIRAJU | 0.00 | $0.00 | $0 | |
| 2026-03-18 | VEGESNA ANANTA KOTIRAJU | 0.00 | $0.00 | $0 | |
| 2026-03-18 | VEGESNA ANANTA KOTIRAJU | 0.00 | $0.00 | $0 | |
| 2026-03-18 | VEGESNA ANANTA KOTIRAJU | 0.00 | $0.00 | $0 | |
| 2026-03-18 | VEGESNA BALA SARASWATHI | 0.00 | $0.00 | $0 | |
| 2026-03-18 | CHUNDURU PADMAJA | 0.00 | $0.00 | $0 | |
| 2026-03-18 | MUTHU RAJU PARAVASA RAJU VIJAY KUMAR | 0.00 | $0.00 | $0 | |
| 2026-03-18 | SHARMA RAM SEWAK | 0.00 | $0.00 | $0 | |
| 2026-03-18 | CHINTALURI VENKATA RAJESWARA RAO | 0.00 | $0.00 | $0 | |
| 2026-03-11 | VEGESNA ANANTA KOTIRAJU | 0.00 | $0.00 | $0 | |
| 2026-03-11 | VEGESNA ANANTA KOTIRAJU | 0.00 | $0.00 | $0 | |
| 2026-03-11 | VEGESNA ANANTA KOTIRAJU | 0.00 | $0.00 | $0 | |
| 2026-03-11 | VEGESNA ANANTA KOTIRAJU | 0.00 | $0.00 | $0 |
Dividend History (Last 20)
Last updated: Jun 21, 2026 7:41pm (5d ago)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2019-05-24 | $0.02 | 2019-05-15 | 2019-05-28 | 2019-07-16 |
| 2018-05-24 | $0.02 | 2018-05-14 | 2018-05-25 | 2018-07-16 |
| 2017-06-02 | $0.02 | 2017-05-23 | 2017-06-06 | 2017-07-14 |
| 2016-05-25 | $0.01 | 2016-05-17 | 2016-05-27 | 2016-07-12 |
| 2015-05-14 | $0.02 | 2015-05-18 | 2015-06-25 | |
| 2014-06-18 | $0.02 | 2014-06-11 | 2014-06-20 | 2014-08-04 |
Narrative Economics
market-narrative step).