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Sify Technologies

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Sify Technologies is an integrated information and communications technology (ICT) solutions and services company. It provides telecom services, data wholesale voice and network managed services, data centre services, co-location services, cloud and managed services, information technology (IT) infra services, IT transformation services, remote and onsite infrastructure managed services and delivery platforms, technology integration services, as well as data center build, network integration, information security, end-user computing, and collaborative tools and solutions, and applications integration services, application testing, mobility solutions, etc. The company has approximately six Tier III data centers across various geographical locations in India.
TypePublic
Founded1995
HQChennai, INMap
Websitesifytechnologies.com
View Jobs (8)

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Latest Updates

Employees (est.) (Mar 2019)2,655(+2%)
Job Openings8
Revenue (FY, 2019)₹21.5 B(+5%)
Share Price (Sep 2019)$1.3 (-3%)

Key People/Management at Sify Technologies

Raju Vegesna

Raju Vegesna

Chairman & Managing Director
Kamal Nath

Kamal Nath

CEO
M P Vijay Kumar

M P Vijay Kumar

CFO
Mark Ryder

Mark Ryder

Managing Director - Europe
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Sify Technologies Office Locations

Sify Technologies has offices in Chennai, Greater London, Santa Clara, Dubai and in 1 other location
Chennai, IN (HQ)
II Floor & III Floor, TIDEL Park, No.4, Canal Bank Rd, Tharamani
Singapore, SG
#19-08 Prudential Tower, 30 Cecil St
Dubai, AE
Office no. 1717, Shatha Towers
Greater London, GB
63 St Mary Axe
Santa Clara, US
5201 Great America Pkwy #132
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Sify Technologies Financials and Metrics

Sify Technologies Revenue

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Sify Technologies's revenue was reported to be ₹21.55 b in FY, 2019 which is a 4.2% increase from the previous period.
INR

Revenue (FY, 2019)

21.5b

Revenue growth (FY, 2018 - FY, 2019), %

4.2%

Gross profit (FY, 2019)

7.9b

Gross profit margin (FY, 2019), %

36.9%

Net income (FY, 2019)

1.1b

EBIT (FY, 2019)

1.8b

Market capitalization (24-Sep-2019)

239.2m

Closing stock price (24-Sep-2019)

1.3

Cash (31-Mar-2019)

1.9b

EV

(1.6b)
Sify Technologies's current market capitalization is $239.2 m.
Annual
INRFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

15.0b18.4b20.7b21.5b

Revenue growth, %

17%23%12%4%

Cost of goods sold

9.1b11.9b13.4b13.6b

Gross profit

5.9b6.6b7.3b7.9b
Half Year
INRH1, 2017H1, 2018H1, 2019

Revenue

8.6b9.4b10.2b

Cost of goods sold

5.5b5.9b6.3b

Gross profit

3.1b3.5b3.9b

Gross profit Margin, %

36%37%38%
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Annual
INRFY, 2016FY, 2017FY, 2018FY, 2019

Cash

1.4b1.6b2.0b1.9b

Accounts Receivable

7.4b8.8b10.7b12.6b

Prepaid Expenses

236.3m290.8m419.2m400.9m

Inventories

741.4m1.2b645.8m1.7b
Half Year
INRH1, 2017H1, 2018H1, 2019

Cash

1.6b2.1b1.2b

Accounts Receivable

7.8b9.1b12.4b

Prepaid Expenses

308.4m294.9m674.7m

Inventories

985.7m1.1b1.6b
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Annual
INRFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

438.5m642.4m923.4m1.1b

Depreciation and Amortization

1.6b1.8b1.8b1.5b

Inventories

(508.3m)(440.6m)536.1m(1.1b)

Accounts Payable

1.3b1.4b604.7m1.2b
Half Year
INRH1, 2017H1, 2018H1, 2019

Net Income

281.7m376.8m453.7m

Depreciation and Amortization

872.8m985.1m770.6m

Inventories

(244.3m)70.9m(959.5m)

Accounts Payable

198.7m(52.1m)1.5b
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INRY, 2019

EV/EBIT

-0.9 x

EV/CFO

-1.1 x

Revenue/Employee

8.1m

Financial Leverage

2.8 x
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Sify Technologies Operating Metrics

FY, 2015FY, 2016Apr, 2016FY, 2017Jul, 2017FY, 2018FY, 2019

Data Centers Connected

43 39 45 47

Links

70 k85 k90 k90 k120 k100 k100 k

Locations

1.30 k1.30 k1.30 k1.40 k1.50 k1.55 k1.60 k

Points of Presence

2.57 k2.60 k2.60 k2.80 k2.60 k3 k3 k
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Sify Technologies Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Sify Data and Managed Services Limited
Sify Infinit Spaces Limited
Sify Technologies North America Corporation
Sify Technologies (Singapore) Pte. Ltd

Sify Technologies Revenue Breakdown

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Sify Technologies revenue breakdown by business segment: 6.8% from Cloud and Managed Services, 53.8% from Telecom Services, 8.5% from Applications Integration Services, 16.2% from Technology Integration Services and 14.6% from Data Center Services

Sify Technologies Online and Social Media Presence

Sify Technologies's Trends

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Sify Technologies News and Updates

July 17, 2019

Sify Technologies to announce Financial Results for First Quarter FY 2019-20 on July 24, 2019

Santa Clara, California, July 17, 2019 (GLOBE NEWSWIRE) -- Sify Technologies Limited (NASDAQ: SIFY), headquartered in Chennai, India, India’s most comprehensive ICT solutions provider with global service capabilities spanning domestic and international Telecom Networks, Data Centers, Cloud, Applic…
April 16, 2019

Sify Technologies to announce Financial Results for FY 2018-19 on April 22, 2019

Santa Clara, California, April 16, 2019 (GLOBE NEWSWIRE) -- Sify Technologies Limited (NASDAQ: SIFY), headquartered at Chennai, India, India’s most comprehensive ICT solutions provider with global service capabilities spanning domestic and international Telecom Networks, Data Centers, Cloud, Appli…
January 24, 2019

Sify Technologies to Announce Financial Results for Third Quarter FY 2018-19 on January 31, 2019

Santa Clara, California, Jan. 24, 2019 (GLOBE NEWSWIRE) -- Sify Technologies Limited (NASDAQ: SIFY), headquartered at Chennai, India, the India’s most comprehensive ICT solutions provider with global service capabilities across domestic and international Telecom Networks, Data Center, Cloud, Appli…
November 19, 2018

Advantage and Sify Technologies Enter into New Partnership

Relationship strengthens Advantage's global reach across India ROSLYN HEIGHTS, N.Y., Nov. 19, 2018 /PRNewswire/ -- Advantage Communications Group, LLC ("Advantage"), a leading technology sourcing advisor for business customers worldwide, today announced that they have entered into a new...
October 29, 2018

Sify Technologies appoints Arun Seth as Independent Director

Santa Clara, California, Oct. 29, 2018 (GLOBE NEWSWIRE) -- Sify Technologies Limited (NASDAQ: SIFY), headquartered at Chennai, India, the largest Indian ICT service provider with delivery capabilities across domestic and international Telecom Networks, Data Center, Cloud, Applications & Manage…
October 22, 2018

Sify Technologies Q2 profit rises 25% to Rs 25 cr

IT and telecom services provider Sify Technologies said Monday its net profit increased by 25 per cent to Rs 25.3 crore in July-September 2018 compared to Rs 20.3 crore in the same quarter a year ago. Its revenue increased by around 14 per cent to Rs 551 crore during the reported quarter from Rs 484…
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 Sify Technologies Frequently Asked Questions

  • When was Sify Technologies founded?

    Sify Technologies was founded in 1995.

  • Who are Sify Technologies key executives?

    Sify Technologies's key executives are Raju Vegesna, Kamal Nath and M P Vijay Kumar.

  • How many employees does Sify Technologies have?

    Sify Technologies has 2,655 employees.

  • What is Sify Technologies revenue?

    Latest Sify Technologies annual revenue is ₹21.5 b.

  • What is Sify Technologies revenue per employee?

    Latest Sify Technologies revenue per employee is ₹8.1 m.

  • Who are Sify Technologies competitors?

    Competitors of Sify Technologies include Coriant, Iomart and Acronis.

  • Where is Sify Technologies headquarters?

    Sify Technologies headquarters is located at II Floor & III Floor, TIDEL Park, No.4, Canal Bank Rd, Tharamani, Chennai.

  • Where are Sify Technologies offices?

    Sify Technologies has offices in Chennai, Greater London, Santa Clara, Dubai and in 1 other location.

  • How many offices does Sify Technologies have?

    Sify Technologies has 5 offices.