Sylph Technologies

Indore, India Founded: 1994 • Age: 32 yrs Listed
Software development services firm

About Sylph Technologies

Sylph Technologies is a publicly listed company based in Indore (India) founded in 1994. Software development services firm. Its Indian entity Sylph Industries Limited reported revenue of ₹120 Cr. Its focus areas include Business Services, IT Services, Application Development and Horizontal.

Company details

Sylph is a software technology company providing software development services solutions with services such as outsourcing software development, web development, product development, strategy consulting, offshore software development, e-commerce for web and mobile enablement. Solutions include e business, software development, mobile, BPOKPO services.

  • Headquarters Indore, India
  • Stage Public
  • Sectors
    Technology
  • Email
    ••••••••
  • Website sylphtechnologies.com
  • Legal Name Sylph Technologies Limited
Operational Areas
Key Metrics
  • Market Cap
    ₹27.13 Cr

    SYLPH · BSE

  • Share Price
    ₹0.22

    0.00% today

  • Revenue
    ₹118 Cr

    FY 2025-26

  • EBITDA
    ₹6.81 Cr

    Margin 5.8%

  • Net Profit
    ₹7.63 Cr

    FY 2025-26

  • P/E (TTM)
    3.9x

    P/B 0.2x

Board of directors of Sylph Industries Limited (Sylph Technologies)

Sylph Industries Limited is the primary company behind Sylph Technologies. The board of Sylph Industries Limited currently have 5 directors; the longest-serving is Hasmukh Nanalal Shah, appointed in 2025. 37 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Hasmukh Nanalal Shah
DIN 00398666
Managing Director10 Jun 20251 yr 5 moSylph Industries Limited
Gautam Chhaganbhai Mali
DIN 07831690
Additional Director04 Jul 20264 moSylph Industries Limited
Sunil Amarchand Kalal
DIN 08296976
Additional Director04 Jul 20264 moSylph Industries Limited
Sany Patel
DIN 11316038
Additional Director04 Jul 20264 moSylph Industries Limited
Shefaliben Mahek Gandhi
DIN 11806105
Additional Director04 Jul 20264 moSylph Industries Limited

IPO & Listings of Sylph Technologies

Sylph Technologies is a publicly listed company on the BSE with ticker symbol SYLPH in India, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date15 Feb 2002
  • Listed onBSE: 511447
  • Listed entitySylph Technologies Limited
  • Exchange sectorTechnology services
  • ISININE706F01021
  • Share price₹0.20 · 2026-10-14
  • Volume (last session)10,690,438

Financials of Sylph Technologies

Exchange-reported figures of Sylph Industries Limited, the listed company behind Sylph Technologies (BSE: SYLPH).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹118 Cr
+3858.5% YoY
EBITDA
₹6.81 Cr
+2622.2% YoY
Profit After Tax
₹7.63 Cr
- YoY
Net Worth
₹122 Cr
+852.2% YoY
Total Assets
₹135 Cr
+955.6% YoY
Total Debt
₹9.74 Cr

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2017-18FY 2016-17FY 2015-16FY 2014-15FY 2013-14
Income statement
Revenue1182.9911.054.640.470.82
Revenue growth--72.9%+138.2%+887.2%-42.7%-
EBITDA6.81(0.27)(0.32)(0.24)(0.11)(0.03)
EBITDA margin+5.8%-9.0%-2.9%-5.2%-23.4%-3.7%
Profit before tax7.94(0.04)(0.08)0.020.020.00
Net profit7.63(0.04)(0.08)0.020.010.00
Net profit margin+6.5%-1.3%-0.7%+0.4%+2.1%0.0%
EPS (₹)(0.03)0.000.000.010.010.00
Balance sheet
Total assets13512.8112.6913.5713.539.76
Net worth12212.8112.6913.5713.538.31
Total debt9.740.000.000.000.001.46
Cash & bank1.320.010.040.110.270.06
Net working capital1341.748.206.027.491.14
Cash flow
Cash from operations(79.08)1.49(0.79)(0.48)(5.12)0.07
Cash from investing30.12(1.52)0.720.290.10(4.88)
Cash from financing50.100.000.000.035.224.86
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue6.1224.8715.5742.9235.000.181.030.00
Revenue growth (YoY)-82.5%-+1411.7%-+4566.7%---
Other income0.060.910.430.130.000.470.000.00
EBITDA0.340.351.723.661.07(0.25)(1.72)(0.04)
EBITDA margin+5.6%+1.4%+11.0%+8.5%+3.1%-138.9%-167.0%-
Depreciation0.000.040.020.020.000.000.000.00
Interest0.000.240.010.020.000.090.000.00
Profit before tax0.400.982.123.751.070.13(1.72)(0.04)
Tax0.00(0.58)0.850.040.000.00(0.17)(0.01)
Net profit0.401.561.273.711.070.13(1.55)(0.03)
EPS (₹)0.000.010.010.340.300.03(0.74)(0.01)
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue1081.9615.754.540.230.200.20
Revenue growth+5399.5%-87.6%+246.9%+1873.9%+15.0%0.0%-
EBITDA6.49(1.31)(2.77)(0.10)(0.46)(0.09)(0.05)
EBITDA margin+6.0%-66.8%-17.6%-2.2%-200.0%-45.0%-25.0%
Profit before tax7.32(0.93)(2.36)0.780.400.01(0.06)
Net profit7.28(0.93)(2.51)1.140.33(0.06)(0.06)
Net profit margin+6.8%-47.5%-15.9%+25.1%+143.5%-30.0%-30.0%
EPS (₹)(0.03)(0.03)(0.11)0.510.220.01(0.04)
Balance sheet
Total assets12485.8780.4814.7814.9812.8412.87
Net worth12277.9377.9514.0413.4112.8412.84
Total debt1.867.942.530.731.580.000.03
Cash & bank0.330.181.300.102.124.800.03
Net working capital12057.6580.4614.7613.2612.6411.65
Cash flow
Cash from operations(66.29)17.12(63.01)(4.53)2.333.69(0.43)
Cash from investing24.23(27.76)(2.21)2.51(0.47)1.080.30
Cash from financing42.229.5166.420.000.000.000.00
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.2722.8811.1538.7535.000.181.030.00
Revenue growth (YoY)-99.2%-+982.5%-+4566.7%---
Other income0.000.440.350.040.000.470.000.00
Total expenses0.3619.3811.3436.6533.930.432.750.04
EBITDA(0.09)3.50(0.19)2.101.07(0.25)(1.72)(0.04)
EBITDA margin-33.3%+15.3%-1.7%+5.4%+3.1%-138.9%-167.0%-
Depreciation0.000.000.000.000.000.000.000.00
Interest0.000.000.000.000.000.090.000.00
Profit before tax(0.09)3.940.162.141.070.13(1.72)(0.04)
Tax0.000.000.000.040.000.000.00(0.01)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 13 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue6.1224.8715.5742.9235.000.181.030.00
Revenue growth (YoY)-82.5%-+1411.7%-+4566.7%---
Other income0.060.910.430.130.000.470.000.00
EBITDA0.340.351.723.661.07(0.25)(1.72)(0.04)
EBITDA margin+5.6%+1.4%+11.0%+8.5%+3.1%-138.9%-167.0%-
Depreciation0.000.040.020.020.000.000.000.00
Interest0.000.240.010.020.000.090.000.00
Profit before tax0.400.982.123.751.070.13(1.72)(0.04)
Tax0.00(0.58)0.850.040.000.00(0.17)(0.01)
Net profit0.401.561.273.711.070.13(1.55)(0.03)
EPS (₹)0.000.010.010.340.300.03(0.74)(0.01)
ParticularsFY 2025-26FY 2017-18FY 2016-17FY 2015-16FY 2014-15FY 2013-14
Revenue1182.9911.054.640.470.82
Revenue growth--72.9%+138.2%+887.2%-42.7%-
Other income1.460.270.280.300.170.04
Total expenses1123.2611.374.880.580.85
Employee cost0.000.110.090.090.240.09
EBITDA6.81(0.27)(0.32)(0.24)(0.11)(0.03)
EBITDA margin+5.8%-9.0%-2.9%-5.2%-23.4%-3.7%
Depreciation0.070.040.040.040.040.01
Interest0.260.000.000.000.000.00
Profit before tax7.94(0.04)(0.08)0.020.020.00
Tax0.310.000.000.000.010.00
Net profit7.63(0.04)(0.08)0.020.010.00
Net profit margin+6.5%-1.3%-0.7%+0.4%+2.1%0.0%
EPS (₹)(0.03)0.000.000.010.010.00
ParticularsFY 2025-26FY 2017-18FY 2016-17FY 2015-16FY 2014-15FY 2013-14
Equity & liabilities
Share capital12314.9014.9014.9014.907.95
Reserves & surplus(1.33)(2.09)(2.21)(1.33)(1.37)(1.40)
Shareholders' funds (net worth)12212.8112.6913.5713.538.31
Minority interest3.500.000.000.000.000.00
Secured loans0.000.000.000.000.000.00
Unsecured loans9.740.000.000.000.001.46
Total debt9.740.000.000.000.001.46
Total liabilities13512.8112.6913.5713.539.76
Assets
Gross block0.580.840.820.810.810.41
Net block0.440.680.700.720.760.40
Capital work in progress0.000.000.000.000.000.35
Investments0.764.963.033.903.903.90
Inventories12.910.000.000.030.050.00
Sundry debtors39.420.001.410.420.150.46
Cash & bank balances1.320.010.040.110.270.06
Loans & advances83.322.177.065.767.440.65
Total current assets1372.188.516.327.911.17
Total current liabilities2.980.440.310.300.420.03
Net working capital1341.748.206.027.491.14
Total assets13512.8112.6913.5713.539.76
ParticularsFY 2025-26FY 2017-18FY 2016-17FY 2015-16FY 2014-15FY 2013-14
Opening cash0.180.040.110.270.060.01
Net cash from operating activities(79.08)1.49(0.79)(0.48)(5.12)0.07
Net cash from investing activities30.12(1.52)0.720.290.10(4.88)
Net cash from financing activities50.100.000.000.035.224.86
Net change in cash1.14(0.03)(0.07)(0.15)0.200.05
Closing cash1.320.010.040.110.270.06
ParticularsFY 2025-26FY 2017-18FY 2016-17FY 2015-16FY 2014-15FY 2013-14
Growth
Sales growth--72.9%+138.2%+887.2%-42.7%-
EBITDA growth-+15.6%-33.3%-118.2%-266.7%-
PBT growth+9998.0%+50.0%-0.0%+9997.0%+9997.0%
Net income growth-+50.0%-500.0%+100.0%--
Revenue CAGR (3Y)+194.4%+85.3%+138.0%---
EBITDA CAGR (3Y)-+34.9%+120.1%---
Profitability & leverage
Net income margin+6.5%-1.3%-0.7%+0.4%+2.1%0.0%
Return on capital employed-0.0%0.0%+0.1%+0.2%0.0%
Return on net worth-0.0%0.0%+0.1%+0.1%0.0%
Debt / equity-0.000.000.000.070.18
Long-term debt / equity-0.000.000.000.000.00
Interest cover3.860.000.000.000.000.00
Efficiency & per share
Fixed asset turnover-3.6013.565.730.772.00
Inventory turnover-0.00736.67116.0018.800.00
Debtors turnover-4.2412.0816.281.541.78
EPS (₹)(0.03)0.000.000.010.010.00
Dividend per share (₹)0.000.000.000.000.000.00
Book value per share (₹)0.008.608.519.119.088.23
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.2722.8811.1538.7535.000.181.030.00
Revenue growth (YoY)-99.2%-+982.5%-+4566.7%---
Other income0.000.440.350.040.000.470.000.00
Total expenses0.3619.3811.3436.6533.930.432.750.04
EBITDA(0.09)3.50(0.19)2.101.07(0.25)(1.72)(0.04)
EBITDA margin-33.3%+15.3%-1.7%+5.4%+3.1%-138.9%-167.0%-
Depreciation0.000.000.000.000.000.000.000.00
Interest0.000.000.000.000.000.090.000.00
Profit before tax(0.09)3.940.162.141.070.13(1.72)(0.04)
Tax0.000.000.000.040.000.000.00(0.01)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue1081.9615.754.540.230.200.20
Revenue growth+5399.5%-87.6%+246.9%+1873.9%+15.0%0.0%-
Other income0.840.470.410.920.900.100.00
Total expenses1013.2718.524.640.690.290.25
Employee cost0.000.080.020.040.180.080.08
EBITDA6.49(1.31)(2.77)(0.10)(0.46)(0.09)(0.05)
EBITDA margin+6.0%-66.8%-17.6%-2.2%-200.0%-45.0%-25.0%
Depreciation0.010.000.000.000.000.000.01
Interest0.000.090.000.040.040.000.00
Profit before tax7.32(0.93)(2.36)0.780.400.01(0.06)
Tax0.040.000.150.000.060.000.00
Net profit7.28(0.93)(2.51)1.140.33(0.06)(0.06)
Net profit margin+6.8%-47.5%-15.9%+25.1%+143.5%-30.0%-30.0%
EPS (₹)(0.03)(0.03)(0.11)0.510.220.01(0.04)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital12335.8723.3114.9014.9014.9014.90
Reserves & surplus(0.81)42.0654.64(0.86)(1.49)(2.06)(2.06)
Shareholders' funds (net worth)12277.9377.9514.0413.4112.8412.84
Secured loans0.000.000.000.000.000.000.00
Unsecured loans1.867.942.530.731.580.000.03
Total debt1.867.942.530.731.580.000.03
Total liabilities12485.8780.4814.7814.9812.8412.87
Assets
Gross block0.130.010.010.000.000.000.17
Net block0.120.010.010.000.000.000.03
Capital work in progress0.000.000.000.000.000.000.00
Investments4.3228.210.000.001.730.201.19
Inventories6.580.000.000.000.000.000.00
Sundry debtors43.832.643.790.000.000.000.00
Cash & bank balances0.330.181.300.102.124.800.03
Loans & advances70.3955.4377.4217.7811.187.8511.63
Total current assets12158.2582.5117.8813.3012.6511.66
Total current liabilities1.210.602.053.120.040.010.01
Net working capital12057.6580.4614.7613.2612.6411.65
Total assets12485.8780.4814.7814.9812.8412.87
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.181.300.102.124.800.030.16
Net cash from operating activities(66.29)17.12(63.01)(4.53)2.333.69(0.43)
Net cash from investing activities24.23(27.76)(2.21)2.51(0.47)1.080.30
Net cash from financing activities42.229.5166.420.000.000.000.00
Net change in cash0.15(1.12)1.20(2.02)1.864.77(0.13)
Closing cash0.330.181.300.102.124.800.03
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+5399.5%-87.6%+246.9%+1873.9%+15.0%0.0%-
EBITDA growth+595.4%+52.7%-2670.0%+78.3%-411.1%-80.0%-
PBT growth+9998.0%+60.6%-+95.0%+3900.0%+9998.0%-
Net income growth+882.8%+63.0%-320.2%+245.5%+650.0%0.0%-
Revenue CAGR (3Y)+187.4%+104.3%+328.6%+183.1%+42.2%-59.4%-73.7%
EBITDA CAGR (3Y)-+41.7%+213.4%+26.0%+45.3%-23.4%-43.7%
Profitability & leverage
Net income margin+6.8%-47.5%-15.9%+17.2%+147.8%+5.0%-30.0%
Return on capital employed-0.0%0.0%+7.5%+2.9%-0.4%0.0%
Return on net worth-0.0%0.0%+7.8%+2.3%-0.4%0.0%
Debt / equity-0.070.040.080.060.000.00
Long-term debt / equity-0.000.000.000.000.000.00
Interest cover0.00-6.870.00-40.00-8.700.000.00
Efficiency & per share
Fixed asset turnover-196.003,150.000.000.002.351.18
Inventory turnover-0.000.000.000.000.000.00
Debtors turnover-0.618.310.000.000.008.00
EPS (₹)(0.03)(0.03)(0.11)0.510.220.01(0.04)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.002.173.349.429.008.628.62

Web traffic of Sylph Technologies

The website of Sylph Technologies (sylphtechnologies.com) receives about 1.5K visits a month.

  • Monthly visits
    1.5K

    ▲ 9.1% vs previous month

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Frequently Asked Questions about Sylph Technologies

Sylph Technologies was founded in 1994.

Sylph Technologies is headquartered in Indore, India. It is registered at Indore, Madhya Pradesh, India.

The primary company behind Sylph Technologies, Sylph Industries Limited, reported revenue of ₹120 Cr for FY 2026, up 3859% year on year.

Sylph is a software technology company providing software development services solutions with services such as outsourcing software development, web development, product development, strategy consulting, offshore software development, e-commerce for web and mobile enablement. Solutions include e business, software development, mobile, BPOKPO services.

Yes, Sylph Technologies is publicly traded on BSE under the ticker symbol SYLPH.

Sylph Technologies operates through Sylph Industries Limited.

The legal entities of Sylph Technologies currently have 6 directors, including Hasmukh Nanalal Shah, Nileema Mahanot, Gautam Chhaganbhai Mali and others.

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