SIFY (SIFY) financial statements
SIFY reported revenue of 39.9B INR in fiscal 2025, up 11.4% a year over 9 years.
Net income was -785M INR and the operating margin 5.7%, against 6.4% in 2016.
Free cash flow was -2.4B INR, and the company returned 22M INR in dividends.
The diluted share count rose 164% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions (INR).
Income statement
Fiscal years, in INR, from SIFY's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 15.0B INR | 18.4B INR | 20.7B INR | 21.5B INR | 23.0B INR | 24.3B INR | 27.0B INR | 33.4B INR | 35.6B INR | 39.9B INR |
| Cost of revenue | 9.1B INR | 11.9B INR | 13.4B INR | 13.6B INR | 14.4B INR | 14.7B INR | 16.0B INR | 21.4B INR | 22.4B INR | 24.9B INR |
| Gross profit | 5.9B INR | 6.6B INR | 7.3B INR | 7.9B INR | 8.6B INR | 9.6B INR | 11.0B INR | 12.0B INR | 13.3B INR | 15.0B INR |
| Selling, general and admin | 3.5B INR | 4.0B INR | 4.4B INR | 4.9B INR | 4.5B INR | 4.5B INR | 4.9B INR | 5.7B INR | 6.5B INR | 7.4B INR |
| Operating income | 959M INR | 958M INR | 1.3B INR | 1.8B INR | 1.9B INR | 2.4B INR | 2.9B INR | 2.6B INR | 2.4B INR | 2.3B INR |
| Interest expense | 566M INR | 437M INR | 497M INR | 728M INR | 1.1B INR | 963M INR | 1.1B INR | 1.7B INR | 2.2B INR | 2.7B INR |
| Pre-tax income | 438M INR | 643M INR | 924M INR | 1.1B INR | 1.0B INR | 1.6B INR | 1.8B INR | 1.0B INR | 352M INR | -286M INR |
| Income tax | -135,000 INR | 698,000 INR | 194,000 INR | 3M INR | 314M INR | 68M INR | 590M INR | 346M INR | 183M INR | 499M INR |
| Net income | 438M INR | 642M INR | 923M INR | 1.1B INR | 705M INR | 1.5B INR | 1.3B INR | 675M INR | 169M INR | -785M INR |
| EPS (diluted) | 3.10 INR | 4.45 INR | 6.11 INR | 6.86 INR | 3.90 INR | 8.45 INR | 6.73 INR | 3.64 INR | 0.91 INR | -2.10 INR |
| Diluted shares | 141M | 144M | 151M | 156M | 181M | 181M | 187M | 186M | 185M | 374M |
| Gross margin | 39.4% | 35.6% | 35.1% | 36.9% | 37.4% | 39.5% | 40.6% | 36.0% | 37.2% | 37.5% |
| Operating margin | 6.4% | 5.2% | 6.2% | 8.1% | 8.2% | 9.8% | 10.6% | 7.9% | 6.7% | 5.7% |
| Net margin | 2.9% | 3.5% | 4.5% | 5.0% | 3.1% | 6.3% | 4.7% | 2.0% | 0.5% | -2.0% |
Balance sheet
Fiscal years, in INR, from SIFY's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | 1.4B INR | 1.6B INR | 2.0B INR | 1.9B INR | 2.3B INR | 5.1B INR | 3.8B INR | 3.7B INR | 4.1B INR | 5.0B INR |
| Receivables | — | 8.8B INR | 10.7B INR | 12.6B INR | 12.1B INR | 9.7B INR | 14.1B INR | 14.6B INR | 14.1B INR | 14.8B INR |
| Inventory | — | 1.2B INR | 646M INR | 1.7B INR | 1.3B INR | 1.4B INR | 2.4B INR | 1.9B INR | 3.4B INR | 4.0B INR |
| Total current assets | — | 12.1B INR | 14.1B INR | 17.1B INR | 16.6B INR | 17.2B INR | 22.0B INR | 22.3B INR | 24.2B INR | 26.6B INR |
| Property, plant and equipment | 6.3B INR | 6.6B INR | 7.2B INR | 8.6B INR | 11.8B INR | 12.5B INR | 16.7B INR | 22.3B INR | 32.2B INR | 38.9B INR |
| Goodwill | 15M INR | 15M INR | 15M INR | 15M INR | 15M INR | 15M INR | 0 INR | 0 INR | 0 INR | — |
| Total assets | — | 21.5B INR | 24.5B INR | 29.9B INR | 34.3B INR | 36.7B INR | 47.1B INR | 57.4B INR | 71.0B INR | 83.2B INR |
| Total current liabilities | — | 11.4B INR | 12.2B INR | 14.4B INR | 16.5B INR | 16.9B INR | 21.1B INR | 22.1B INR | 23.6B INR | 27.7B INR |
| Long-term debt | — | 882M INR | 2.0B INR | 3.3B INR | 3.7B INR | 3.6B INR | 7.8B INR | 15.8B INR | 23.3B INR | 28.2B INR |
| Total liabilities | — | 13.3B INR | 15.5B INR | 19.2B INR | 22.9B INR | 23.5B INR | 32.6B INR | 42.3B INR | 52.9B INR | 63.0B INR |
| Shareholders' equity | 7.5B INR | 8.3B INR | 9.0B INR | 10.8B INR | 11.4B INR | 13.2B INR | 14.5B INR | 15.1B INR | 18.1B INR | 20.1B INR |
| Net debt | -1.4B INR | 1.8B INR | 1.5B INR | 4.7B INR | 5.8B INR | 4.3B INR | 11.1B INR | 17.9B INR | 25.9B INR | 30.4B INR |
Cash flow
Fiscal years, in INR, from SIFY's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 2.4B INR | 1.7B INR | 2.1B INR | 1.4B INR | 5.0B INR | 7.0B INR | 2.2B INR | 8.1B INR | 5.9B INR | 8.6B INR |
| Capital spending | 1.6B INR | 1.7B INR | 1.8B INR | 4.0B INR | 4.4B INR | 3.0B INR | 7.1B INR | 12.0B INR | 11.1B INR | 11.1B INR |
| Free cash flow | 830M INR | 80M INR | 288M INR | -2.5B INR | 640M INR | 4.0B INR | -4.9B INR | -3.9B INR | -5.2B INR | -2.4B INR |
| Stock-based compensation | 52M INR | 18M INR | 7M INR | 5M INR | 46M INR | 40M INR | 23M INR | 16M INR | 7M INR | 2M INR |
| Dividends paid | 170M INR | 170M INR | 209M INR | 218M INR | 224M INR | 0 INR | 0 INR | 0 INR | 0 INR | 22M INR |
| Free cash flow margin | 5.5% | 0.4% | 1.4% | -11.7% | 2.8% | 16.5% | -18.1% | -11.7% | -14.6% | -6.1% |
| Dividends per share | 1.20 INR | 1.17 INR | 1.38 INR | 1.40 INR | 1.24 INR | — | — | — | — | 0.06 INR |
Questions
What was SIFY's revenue in 2025?
39.9B INR in fiscal 2025, from its 10-K filing.
How much free cash flow does SIFY generate?
-2.4B INR in fiscal 2025 (operating cash flow minus capital spending).
From SIFY's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.