Sify Technologies (SIFY) AI Stock Analysis

• Market Cap: $932.60M
• Dividend Yield: N/A
• Average Volume (3M): 150.68K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.22
• Revenue Growth: 10.20%
• 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: 112,589
• 30 Day Avg. Volume: 150,682
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.79
• Enterprise Value/Revenue: 0.02
• Enterprise Value/Gross Profit: 0.05
• Enterprise Value/Ebitda: 0.12
• 1Y Price Target: $9.50
• Price Target Upside: -26.30% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 61 Neutral
• Price Target: $9.50 ▼(-26.30% Downside)

Sify Technologies' stock score is primarily influenced by its strong technical momentum and positive revenue growth. However, financial challenges such as increased leverage and net losses, combined with valuation uncertainties, temper the overall score. The earnings call provided mixed signals, with growth in some areas but ongoing challenges in others.

Sify Technologies Business Overview & Revenue Model

Company Description

Sify Technologies (SIFY) is a leading information and communications technology (ICT) service provider in India, offering a wide range of services including data center services, cloud computing, and enterprise network solutions. The company operates in the IT services sector and serves a diverse clientele across various industries. Its core products include managed services, IT infrastructure management, and digital services, catering to both enterprise and government sectors.

How the Company Makes Money

Sify Technologies generates revenue through multiple streams, primarily focusing on IT services, data center services, and telecommunications. Key revenue sources include managed services, which encompass cloud services and IT infrastructure management, and network services, which provide connectivity solutions to enterprises. The company also earns income from its robust data center operations, offering colocation and hosting services. Additionally, Sify has established significant partnerships with global technology companies, enhancing its service offerings and market reach. Factors contributing to its earnings include the growing demand for digital transformation among businesses in India, increased internet penetration, and the rising need for secure and scalable IT infrastructure.

Sify Technologies Financial Statement Overview

Summary

Sify Technologies has shown strong revenue growth and asset expansion. However, profitability is challenged by increased leverage and a net loss in 2025. The company needs to address its debt levels and improve net income to enhance 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	36.51B	39.89B	35.63B	33.40B	27.03B	24.32B
Gross Profit	13.54B	14.97B	13.26B	12.03B	10.98B	9.62B
EBITDA	6.00B	8.09B	5.75B	6.50B	6.18B	5.22B
Net Income	-66.00M	-784.96M	48.94M	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	5.39B	6.30B	5.39B	3.65B	3.78B	5.10B
Total Debt	0.00	39.51B	27.59B	22.93B	17.46B	11.74B
Total Liabilities	-24.03B	63.05B	46.95B	40.26B	32.59B	23.50B
Stockholders Equity	24.03B	20.13B	24.03B	17.15B	14.48B	13.17B
Cash Flow
Free Cash Flow	57.76M	-3.67B	-7.39B	-4.87B	-5.13B	3.21B
Operating Cash Flow	57.76M	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: 12.89
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Negative
• 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 12.89 is above the 20-day moving average (MA) of 11.57, above the 50-day MA of 9.13, and above the 200-day MA of 5.42, indicating a bullish trend. The MACD of 0.94 indicates Positive momentum. The RSI at 72.48 is Negative, neither overbought nor oversold. The STOCH value of 69.74 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
RDCM	76 Outperform	$229.94M	25.30	―	―	18.18%	89.73%
SIFY	61 Neutral	$932.60M	―	-5.17%	―	10.20%	―
OOMA	55 Neutral	$344.45M	-214.43	-1.71%	―	5.42%	69.88%
ATEX	52 Neutral	$405.34M	13.85	-7.26%	―	15.97%	―
SHEN	51 Neutral	$729.58M	-20.28	-3.25%	0.75%	16.73%	-237.78%
ATNI	48 Neutral	$237.86M	-4.63	-9.83%	6.38%	-5.33%	-334.05%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%

Sify Technologies Corporate Events

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.

Sify Technologies Reports Q1 2025-26 Financial Results Amidst Strategic Expansion

Sify Technologies announced its consolidated financial results for the quarter ending June 30, 2025, reporting a revenue of INR 10,723 million, marking a 14% increase compared to the same quarter last year. Despite this growth, the company recorded a loss of INR 389 million, attributed to factors such as depreciation and rising manpower expenses. Sify continues to expand its infrastructure, commissioning additional data center capacity and securing significant contracts across various sectors, reflecting its strategic focus on long-term value creation and its role in India’s digital transformation.

Sify Technologies Appoints JPMorgan as New Depositary for ADR Program

On July 16, 2025, Sify Technologies announced a change in the depositary for its American Depositary Receipt (ADR) program, appointing JPMorgan Chase Bank as the successor, effective July 23, 2025. This strategic move involves an amended deposit agreement and aims to enhance the company’s ADR program management. The transition is seamless for ADR holders, who need not take any action, as JPMorgan will communicate the change. This development underscores Sify’s commitment to optimizing its financial operations and maintaining strong partnerships with global financial leaders.

Sify Technologies Regains Nasdaq Compliance with New Board Appointment

On July 10, 2025, Sify Technologies announced it regained compliance with Nasdaq Listing Requirements following the appointment of Dr. Ram Sewak Sharma as an independent director and Audit Committee member. This move, following a period of non-compliance due to a board resignation, ensures Sify remains listed on the Nasdaq Capital Market, reinforcing its corporate governance and stability.