Sify Technologies (SIFY) AI Stock Analysis

• Market Cap: $810.33M
• Dividend Yield: N/A
• Average Volume (3M): 122.43K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.13
• Revenue Growth: 5.81%
• EPS Growth: N/A
• Country: US
• Employees: 4,319
• Sector: Communication Services
• Sector Strength: 97
• Industry: Telecommunications Services
• EPS (TTM): >-0.01
• Shares Outstanding: 72,221,900
• 10 Day Avg. Volume: 57,997
• 30 Day Avg. Volume: 122,430
• PEG Ratio: 0.03
• Price to Book (P/B): 1.13
• Price to Sales (P/S): 0.57
• P/FCF Ratio: -6.21
• Enterprise Value/Market Cap: 1.75
• Enterprise Value/Revenue: 0.03
• Enterprise Value/Gross Profit: 0.10
• Enterprise Value/Ebitda: 0.18
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): -0.03
• Revenue Forecast (FY): $682.74M

• Rating: 53 Neutral
• Price Target: $10.50 ▼(-3.58% Downside)

Sify Technologies' overall score is driven by strong revenue growth and strategic investments in network and data center expansion. However, financial performance is hindered by increased leverage and net losses, while technical indicators show weak momentum. The absence of valuation metrics adds uncertainty.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong demand for Sify's services, supporting long-term business expansion and market position.

EBITDA Increase

A significant rise in EBITDA reflects improved operational efficiency and profitability, bolstering financial stability.

Network Expansion

Expanding network infrastructure enhances service delivery and positions Sify to capitalize on growing ICT demand.

Negative Factors

Increased Leverage

Higher leverage can strain financial resources, limiting flexibility and increasing risk during economic downturns.

Net Loss

Sustained net losses undermine profitability and may hinder reinvestment in growth initiatives, affecting long-term viability.

Digital Services Decline

A decline in digital services revenue signals challenges in maintaining competitive offerings in a key growth area.

Sify Technologies Business Overview & Revenue Model

Company Description

Sify Technologies Limited provides integrated ICT solutions and services in India and internationally. It operates through Network Centric Services, Data Center Services, and Digital Services segments. The Network Centric Services segment offers internet, internet protocol and multi-protocol label switching virtual private network, SDWAN, managed Wi-Fi, internet of things, wholesale and retail voice, managed services, dedicated internet access, and proactive monitoring and management of the network and devices. The Data Center Services segment provides co-location services; and managed data center services, such as storage and back-up management, performance monitoring, infrastructure monitoring and management, network availability, server load balancing, managed shared firewall, web server log reporting, and remote and smart hands services. The Digital Services segment offers managed network services; EDGE services; cloud and managed services including cloud and storage solutions, managed services, value added services, domestic and international managed services; and technology integration services include system integration, data centers build, network, security solutions, remote and onsite infrastructure management, managed security services, as well as sale of hardware and software. This segment also offers applications integration services, such as talent management, supply chain management, online assessment, web development, document management, content, digital signature, digital certificate-based authentication, supply chain solutions, content management, sale of digital certificates; and sale, implementation, and maintenance of industry specific applications; supply chain software, and eLearning software development services; and operates web portals. The company was formerly known as Sify Limited and changed its name to Sify Technologies Limited in October 2007. The company was incorporated in 1995 and is headquartered in Chennai, India.

How the Company Makes Money

Sify Technologies generates revenue through multiple streams, primarily from IT services, network services, and data center services. The IT services segment includes application development, cloud services, and managed services, which cater to the growing digital transformation needs of businesses. The network services division contributes significantly to revenues through offerings such as leased lines, internet connectivity, and MPLS services. Data center services, which encompass colocation, disaster recovery, and managed hosting, also form a crucial part of SIFY's revenue model. Additionally, SIFY has established strategic partnerships with global technology firms, enhancing its service capabilities and expanding its customer base. The company's focus on innovative solutions and customer-centric offerings continues to drive its financial growth.

Sify Technologies Financial Statement Overview

Summary

Sify Technologies shows robust revenue growth and asset expansion, but profitability is challenged by increasing leverage and a net loss in 2025. The company needs to address its debt levels and improve net income for better financial stability.

Income Statement

The company shows a consistent revenue growth with a notable increase of 11.9% from 2024 to 2025. However, net profit margin has declined, turning negative in 2025 due to a significant net loss. Gross profit margin remains stable, but the deterioration in net income impacts overall profitability.

Balance Sheet

The company's debt-to-equity ratio has risen, indicating increased leverage which could pose financial risk. However, the equity ratio remains stable, and return on equity has turned negative in 2025 due to the net loss. The balance sheet shows strong total asset growth, supporting the company's expansion.

Cash Flow

Operating cash flow is positive, reflecting solid cash generation, but free cash flow is negative due to high capital expenditures. The free cash flow to net income ratio is unfavorable, influenced by the net loss in 2025. The operating cash flow to net income ratio indicates good operational profitability despite challenges.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	41.19B	39.89B	35.63B	33.40B	27.03B	24.32B
Gross Profit	13.84B	14.97B	13.26B	12.02B	10.98B	9.62B
EBITDA	7.82B	8.09B	7.33B	6.67B	6.18B	5.22B
Net Income	-1.12B	-784.96M	168.94M	674.52M	1.26B	1.53B
Balance Sheet
Total Assets	0.00	83.18B	70.98B	57.40B	47.07B	36.66B
Cash, Cash Equivalents and Short-Term Investments	6.30B	6.30B	5.39B	3.65B	3.78B	5.10B
Total Debt	0.00	39.51B	33.54B	22.93B	17.46B	11.74B
Total Liabilities	-20.13B	63.05B	46.95B	40.26B	32.59B	23.50B
Stockholders Equity	20.13B	20.13B	24.03B	17.15B	14.48B	13.17B
Cash Flow
Free Cash Flow	0.00	-3.67B	-7.39B	-4.87B	-5.13B	3.21B
Operating Cash Flow	0.00	8.65B	4.98B	8.34B	2.24B	6.97B
Investing Cash Flow	0.00	-12.32B	-12.26B	-13.59B	-7.59B	-3.62B
Financing Cash Flow	0.00	4.73B	7.44B	4.94B	4.17B	618.37M

Sify Technologies Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 10.89
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SIFY, the sentiment is Positive. The current price of 10.89 is below the 20-day moving average (MA) of 11.12, below the 50-day MA of 12.47, and above the 200-day MA of 7.51, indicating a neutral trend. The MACD of -0.33 indicates Negative momentum. The RSI at 48.16 is Neutral, neither overbought nor oversold. The STOCH value of 44.91 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SIFY.

Sify Technologies Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IDT	68 Neutral	$1.25B	16.63	27.60%	0.46%	2.13%	18.44%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
SIFY	53 Neutral	$810.33M	―	-8.89%	―	5.81%	―
GOGO	52 Neutral	$923.59M	―	-6.63%	―	102.05%	-110.74%
LILA	52 Neutral	$1.69B	―	-79.15%	―	-0.83%	-25.72%
CABO	52 Neutral	$682.25M	―	-27.38%	9.75%	-4.94%	-335.70%
SHEN	48 Neutral	$591.25M	―	-4.41%	1.02%	11.59%	-106.83%

Sify Technologies Corporate Events

Sify Technologies Releases Half-Year Financial Results for 2025

Sify Technologies Limited has released its unaudited financial results for the half-year ended September 30, 2025. The report highlights the company’s financial position, profit or loss, and cash flows, prepared in accordance with the International Financial Reporting Standards. The financial statements are presented in Indian rupees with translations into U.S. dollars for convenience. The company emphasizes the use of EBITDA as a non-IFRS measure to assess financial performance. The report also contains forward-looking statements regarding future revenue, market risks, and growth management, cautioning stakeholders about potential risks and uncertainties.

Sify Technologies Reports Q2 2025-26 Financial Results Amid Strategic Expansions

On October 27, 2025, Sify Technologies Limited reported its financial results for the quarter ending September 30, 2025. The company achieved a revenue of INR 10,533 million, marking a 3% increase from the previous year, and an EBITDA of INR 2,361 million, a 20% rise. Despite these gains, Sify reported a loss of INR 275 million for the period. The company is investing in data center capacity and expanding its network services, aligning with India’s growing digital infrastructure needs. Sify’s strategic focus on data centers, network expansion, and AI-ready platforms is aimed at maintaining its competitive edge in the evolving technology landscape.

Sify Infinit Spaces Files for IPO to Raise ₹37,000 Million

On October 17, 2025, Sify Technologies Limited announced that its wholly owned subsidiary, Sify Infinit Spaces Limited (SISL), filed a draft red herring prospectus for an initial public offering (IPO) with the Securities and Exchange Board of India and Indian stock exchanges. The IPO aims to raise up to ₹25,000 million through fresh equity shares and ₹12,000 million from existing shareholders, subject to regulatory approvals and market conditions. This move is expected to enhance Sify’s market positioning and provide capital for growth, though it is contingent on various factors including market conditions.

Sify Technologies Amends Agreements Ahead of Proposed IPO

On September 25, 2025, Sify Technologies Limited and its subsidiary, Sify Infinit Spaces Limited, amended agreements with Kotak Special Situations Fund and Kotak Data Centre Fund to align with a proposed initial public offering (IPO) of Sify Infinit Spaces Limited. These amendments include waiving certain rights and obligations, allowing for a capital raise of up to INR 25 billion through the IPO. If the IPO proceeds as planned, it will result in the conversion of all compulsorily convertible debentures into equity shares, terminating existing agreements and potentially impacting the company’s financial structure and market positioning.

Sify Technologies’ Subsidiary SISL Plans IPO Following Board Approval

On September 25, 2025, Sify Technologies Limited announced that its subsidiary, Sify Infinit Spaces Limited (SISL), received board approval to pursue an initial public offering (IPO) of its equity shares. This move, disclosed to BSE Ltd., signifies a strategic step for Sify to potentially expand its market presence and financial capabilities. The IPO could have significant implications for Sify’s operations and positioning in the ICT industry, potentially attracting new investors and enhancing its capital structure.