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Added to YB: 2025-09-02

Pitch date: 2025-08-29

SUYOG.NS [neutral]

Suyog Telematics Limited

-18.69%

current return

Author Info

Zen Nivesh analyses India’s equity markets to help you discover high-conviction, research-backed stock ideas—long before they hit the mainstream. Our edge lies in identifying fundamentally strong, underfollowed companies with serious upside potential. Sign up for the newsletter.

Company Info

Suyog Telematics Limited provides passive telecommunication infrastructure services in India. Its portfolio includes ground-based towers, rooftop installations, smart poles, and optical fibre cable (OFC) networks to telecom operators and internet service providers.

Market Cap

INR 9.1B

Pitch Price

INR 783.25

Price Target

N/A

Dividend

0.22%

EV/EBITDA

8.90

P/E

25.88

EV/Sales

5.08

Sector

Construction and Engineering

Category

growth

Show full summary:
Suyog Telematics: A Deep Dive!

SUYOG.NS (overview): Telecom infra underdog; 5,800+ towers, 7,100+ tenancies, ₹193 Cr rev (FY25), 57% EBITDA margin. NSE listing 2024 after SME start. Gov't site moats (flyovers, slums), +5k tenancies guided FY25/26. BSNL expansion, Delhi entry via Lotus acquisition. Risks: customer concentration, receivables, ₹450-500 Cr annual capex.

Read full article (9 min)