Sify Technologies (SIFY) AI Stock Analysis

• Market Cap: $858.72M
• Dividend Yield: N/A
• Average Volume (3M): 55.25K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.14
• 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: 50,990
• 30 Day Avg. Volume: 55,253
• 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: 28.50
• Enterprise Value/Revenue: 0.59
• Enterprise Value/Gross Profit: 1.77
• Enterprise Value/Ebitda: 3.13
• 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): $685.50M

• Rating: 57 Neutral
• Price Target: $12.00 ▲(10.19% Upside)

Sify Technologies' overall score is influenced by strong revenue growth and strategic investments, but profitability challenges and mixed technical indicators weigh down the score. The lack of valuation metrics further complicates the assessment.

Positive Factors

Revenue Growth

Sify's consistent revenue growth indicates a strong market position and effective business strategy, supporting long-term expansion.

EBITDA Increase

The significant rise in EBITDA reflects improved operational efficiency and cost management, enhancing financial health.

Network Expansion

Expanding network infrastructure strengthens Sify's competitive edge and capacity to meet growing digital demands.

Negative Factors

Net Loss

The net loss indicates challenges in profitability, which may affect future investments and financial stability.

Digital Services Decline

A decline in digital services suggests potential issues in adapting to market changes, impacting revenue diversification.

Rising Debt Levels

Increased leverage could strain cash flow and limit financial flexibility, posing risks to long-term growth.

Sify Technologies Business Overview & Revenue Model

Company Description

Sify Technologies Limited (SIFY) is a leading Information and Communications Technology (ICT) service provider in India, offering a diverse range of services including IT services, telecommunications, and data center services. The company operates across various sectors, such as enterprise solutions, cloud services, and digital services, catering to businesses of all sizes. SIFY is known for its robust network infrastructure and comprehensive service offerings that enable organizations to enhance their operational efficiency and productivity.

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 has shown 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: Positive
• 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 11.36, below the 50-day MA of 11.69, and above the 200-day MA of 8.05, indicating a bullish trend. The MACD of 0.04 indicates Negative momentum. The RSI at 55.94 is Neutral, neither overbought nor oversold. The STOCH value of 63.90 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	70 Outperform	$1.30B	16.00	27.94%	0.46%	2.52%	10.02%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
SIFY	57 Neutral	$858.72M	―	-8.89%	―	5.81%	―
GOGO	53 Neutral	$629.12M	-89.82	-6.63%	―	102.05%	-110.74%
LILA	53 Neutral	$1.55B	-2.06	-79.15%	―	-0.83%	-25.72%
CABO	52 Neutral	$697.13M	-1.43	-27.38%	10.11%	-4.94%	-335.70%
SHEN	50 Neutral	$620.90M	-15.58	-4.41%	0.97%	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.