olivLaw · US equity research
Sify Technologies Limited SIFY
Services-Computer Programming, Data Processing, Etc. · SIC 7370 · Vertical: Services-Computer Programming, Data Processing, Etc. (SIC 7370)
Sify Technologies is one of the largest integrated ICT solutions and services companies in India, offering network services, data center services and digital services to enterprise customers. Revenue grew 13% in fiscal 2026, but the loss before tax widened to 941 million rupees, driven by higher interest and depreciation costs.
The AI analysis may be outdated: new filings came after its sources (see the «AI analysis» section).
At the close of 04 Nov 2026, Sify Technologies Limited (SIFY) stock was 13.28 USD (+3.91% on the day), with market capitalisation 5.8 bn USD, dividend yield 0.00%, beta 1.33, 52-week range 10.37–17.24 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
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Technical reading
- RSI (14)
- 60.3
- strong (55–70)
- Bollinger (20, 2)
- 11.13 – 13.36
- in the upper half of the band · %B 0.96 · band width 18.2%
- SMA 50 / 200
- 13.20 / 14.54
- mixed trend
- MACD (12, 26, 9)
- -0.11 / -0.32
- MACD above signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | −0.4% | −1.1% | +0.7 pp | — |
| 3 months | −15.3% | −0.5% | −14.8 pp | — |
| 6 months | −13.0% | +4.4% | −17.4 pp | — |
| Year to date | +8.9% | +12.3% | −3.4 pp | — |
| 1 year | +22.7% | +13.5% | +9.2 pp | −12.9% |
| 3 years | +36.6% | +76.4% | −39.8 pp | −13.4% |
| 5 years | −37.5% | +63.7% | −101.2 pp | — |
Price returns, dividends excluded.
Quarterly results
ESEF annual reports carry no quarters: the results are annual (below).
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Fiscal years
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 318.0 m | 311.5 m | 304.5 m | 330.9 m | 356.5 m | 406.3 m | 427.4 m | 466.1 m |
| Revenue YoY | unavailable | −2.1% | −2.3% | +8.7% | +7.8% | +14.0% | +5.2% | +9.0% |
| Net income | 14.2 m | 15.5 m | 9.4 m | 20.8 m | 16.6 m | 8.2 m | 2.0 m | -9.2 m |
| Net income YoY | unavailable | +8.8% | −39.4% | +122.7% | −20.4% | −50.6% | −75.3% | −552.4% |
| Diluted EPS | 0.09 | 0.10 | 0.05 | 0.11 | 0.09 | 0.04 | 0.01 | -0.02 |
| Diluted EPS YoY | unavailable | +11.1% | −50.0% | +120.0% | −18.2% | −55.6% | −75.0% | −300.0% |
| net % | 4.5% | 5.0% | 3.1% | 6.3% | 4.7% | 2.0% | 0.5% | -2.0% |
| Free cash flow | 6.9 m | -34.0 m | 13.0 m | 58.7 m | -60.1 m | -39.9 m | -73.6 m | -28.6 m |
Reported results vs expectations
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Balance sheet & financial health
Fiscal year 2025 · 31 Mar 2025
- Cash
- 58.4 m USD
- Financial debt
- 413.3 m USD
- Net debt
- 354.9 m USD
- Equity
- 235.2 m USD
- Total assets
- 971.9 m USD
- Debt / equity
- 1.76x
- Current ratio
- 0.96x
- ROE
- -4.1%
- ROA
- -1.0%
- FCF margin
- -6.1%
Financial statements (source on every figure)
Revenue and net income (USD)
Margins
Income statement · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Revenue | 304.5 m | 330.9 m | 356.5 m | 406.3 m | 427.4 m | 466.1 m | SEC (XBRL)· 09 Jun 2025verified |
| Cost of revenue | 190.6 m | 200.0 m | 211.6 m | 260.0 m | 268.4 m | 291.2 m | SEC (XBRL)· 09 Jun 2025verified |
| Gross profit | 113.9 m ≈ | 130.8 m ≈ | 144.9 m ≈ | 146.3 m ≈ | 159.0 m ≈ | 174.9 m | SEC (XBRL)· 09 Jun 2025verified |
| Operating income | 24.9 m | 32.5 m | 37.9 m | 29.8 m | 26.0 m | 26.4 m | SEC (XBRL)· 09 Jun 2025verified |
| Depreciation & amortisation | 30.4 m | 38.6 m | 43.3 m | 48.3 m | 57.3 m | 65.8 m | SEC (XBRL)· 09 Jun 2025verified |
| EBITDA | 55.3 m ≈ | 71.1 m ≈ | 81.2 m ≈ | 78.1 m ≈ | 83.3 m ≈ | 92.2 m ≈ | SEC (XBRL)· 09 Jun 2025derived |
| Interest expense | 14.0 m | 13.1 m | 14.5 m | 20.1 m | 25.8 m | — | SEC (XBRL)· 13 Jan 2025verified |
| Pre-tax income | 13.5 m | 21.8 m | 24.4 m | 12.4 m | 4.2 m | -3.3 m | SEC (XBRL)· 09 Jun 2025verified |
| Income tax | 4.2 m | 931.0 k | 7.8 m | 4.2 m | 2.2 m | 5.8 m | SEC (XBRL)· 09 Jun 2025verified |
| Net income | 9.4 m | 20.8 m | 16.6 m | 8.2 m | 2.0 m | -9.2 m | SEC (XBRL)· 09 Jun 2025verified |
| Diluted EPS | 0.05 | 0.11 | 0.09 | 0.04 | 0.01 | -0.02 | SEC (XBRL)· 09 Jun 2025verified |
| Weighted average diluted shares | 180.6 m | 181.2 m | 187.0 m | 185.7 m | 185.2 m | 373.6 m | SEC (XBRL)· 09 Jun 2025verified |
| Dividend per share | 0.02 | 0.00 | 0.00 | — | — | — | SEC (XBRL)· 10 Jun 2022derived |
≈ computed by olivLaw from the reported lines of the same year: Revenue − Cost of revenue; Operating income + Depreciation & amortisation.
Balance sheet · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Cash | 30.8 m | 69.4 m | 49.9 m | 44.4 m | 49.2 m | 58.4 m | SEC (XBRL)· 09 Jun 2025verified |
| Receivables | 160.1 m | 132.3 m | 185.5 m | 177.8 m | 169.2 m | 173.4 m | SEC (XBRL)· 09 Jun 2025verified |
| Inventories | 17.3 m | 19.2 m | 31.8 m | 23.6 m | 40.7 m | 46.3 m | SEC (XBRL)· 09 Jun 2025verified |
| Current assets | 220.8 m | 234.1 m | 290.3 m | 271.5 m | 290.3 m | 310.3 m | SEC (XBRL)· 09 Jun 2025verified |
| Property, plant & equipment, net | 156.5 m | 170.0 m | 220.2 m | 271.3 m | 386.3 m | 454.7 m | SEC (XBRL)· 09 Jun 2025verified |
| Goodwill | 14.6 m | 14.6 m | 0 | 0 | 0 | — | SEC (XBRL)· 07 May 2024verified |
| Intangibles (excl. goodwill) | — | 2.4 bn | — | — | — | — | SEC (XBRL)· 28 Jun 2023verified |
| Total assets | 454.4 m | 498.8 m | 620.9 m | 698.2 m | 851.4 m | 971.9 m | SEC (XBRL)· 09 Jun 2025verified |
| Accounts payable | 120.4 m | 125.5 m | 149.5 m | 156.2 m | 168.1 m | 200.6 m | SEC (XBRL)· 09 Jun 2025verified |
| Short-term debt | 57.9 m | 78.5 m | 93.8 m | 69.5 m | 79.9 m | 83.5 m | SEC (XBRL)· 09 Jun 2025verified |
| Long-term debt | 49.6 m | 49.6 m | 102.5 m | 168.1 m | 280.1 m | 329.8 m | SEC (XBRL)· 09 Jun 2025verified |
| Current liabilities | 218.9 m | 230.2 m | 278.4 m | 268.4 m | 283.4 m | 323.2 m | SEC (XBRL)· 09 Jun 2025verified |
| Total liabilities | 303.8 m | 319.7 m | 429.9 m | 489.7 m | 634.6 m | 736.7 m | SEC (XBRL)· 09 Jun 2025verified |
| Equity | 150.6 m † | 179.1 m † | 191.0 m † | 208.5 m † | 216.8 m † | 235.2 m † | SEC (XBRL)· 09 Jun 2025verified |
| Shares outstanding at year end | 179.2 m | 182.2 m | 182.7 m | 182.8 m | 183.3 m | 434.1 m | SEC (XBRL)· 09 Jun 2025verified |
† equity attributable to the parent's shareholders: in these years the issuer no longer reports the total including non-controlling interests.
Cash flow · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Operating cash flow | 66.9 m | 94.8 m | 29.6 m | 101.4 m | 59.8 m | 101.0 m | SEC (XBRL)· 09 Jun 2025verified |
| Capex | 53.9 m | 36.1 m | 89.7 m | 141.3 m | 133.4 m | 129.6 m | SEC (XBRL)· 09 Jun 2025verified |
| Free cash flow | 13.0 m ≈ | 58.7 m ≈ | -60.1 m ≈ | -39.9 m ≈ | -73.6 m ≈ | -28.6 m ≈ | SEC (XBRL)· 09 Jun 2025derived |
| Investing cash flow | -57.4 m | -49.2 m | -100.2 m | -165.3 m | -147.1 m | -144.0 m | SEC (XBRL)· 09 Jun 2025verified |
| Financing cash flow | 52.0 k | 8.1 m | 55.0 m | 60.1 m | 89.3 m | 55.3 m | SEC (XBRL)· 09 Jun 2025verified |
| Dividends paid | 3.0 m | 0 | 0 | — | — | — | SEC (XBRL)· 10 Jun 2022verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
4 indicators that do not apply to the sector.
Valuation
olivLaw classification
Score: 21 / 100
A scoring methodology on indicators and valuation, not investment advice.
score < 40
Closing price
04 Nov 2026Source: olivLaw, closing series
Market cap: 5.8 bn USD
Key indicators
Coverage and freshness
The data is older than the freshness threshold.
Score by group
- Balance sheet24
- Quality19
- Valuation3
- Growth43
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 0.03 – 2.43 USD.
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (USD per share)
— — Mid · ▏ Price
Valuation methods
- DCF (discounted cash flow)unavailable · the base of the ratio is not positive
- Peers: EV/Sales0.03 – 1.98 (Mid 0.56)16 companies used · median multiple 1.3x · quartiles 0.8x – 2.6xBMBL, CDLX, FDS, FLUT, GMM, GOOGL, GRND, HCAT, MGNI, NIQ, PPLI, SABR, SANG, SNAP, WB, ZIP
- Peers: EV/EBITDA0.92 – 2.43 (Mid 2.10)8 companies used · median multiple 13.8x · quartiles 8.2x – 15.3xAPP, FDS, GMM, GRND, MGNI, NIQ, SABR, WB
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Unattractive profile · Score 21/100
| Factor | Value | Score | Weight used |
|---|---|---|---|
| Gross margin · Quality | 37.5% | 0 (on a fixed band) | 11% |
| EBIT margin · Quality | 5.7% | 61 (vs peers) | 9% |
| FCF margin · Quality | -6.1% | 0 (on a fixed band) | 9% |
| Revenue CAGR 3Y · Growth | 9.3% | 37 (on a fixed band) | 18% |
| Revenue growth (YoY) · Growth | 9.0% | 55 (vs peers) | 9% |
| Net debt / EBITDA · Balance sheet | 3.9x | 38 (vs peers) | 7% |
| Current ratio · Balance sheet | 1.0x | 9 (on a fixed band) | 7% |
| EV/Sales · Valuation | 13.1x | 6 (vs peers) | 18% |
| FCF yield · Valuation | -0.5% | 0 (on a fixed band) | 13% |
| Shareholder yield (distributions) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet24/100 · 2/2 factors with a value
- Growth43/100 · 2/2 factors with a value
- Quality19/100 · 3/3 factors with a value
- Returns· partialunavailable · 0/1 factors with a value
- Valuation3/100 · 2/2 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
SIFY TECHNOLOGIES LTD (SIFY). Latest full fiscal year: 2025; data up to 2025-03-31.
Figures computed from the financial statements: revenue 466.1 m USD in 2025; YoY growth 9.0%; net margin -2.0%; ROE -4.1%; net debt/EBITDA 3.9x.
The estimated value range is 0.48–2.21 USD per share (median of 2 methods, agreement: low); assumptions are illustrative. Against the central value of 1.33 USD, the price of 13.28 USD leaves a potential of -90.0% (value / price − 1) and a margin of safety of -896.8% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
olivLaw score 21/100, methodological classification: unattractive profile (score, margin of safety and method agreement together; not a judgement of the right price). Groups assessed only in part: returns. Not investment advice.
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
No signal among the computed factors. That is not an absence of risk: factors without data were not assessed, and business risks (margins, inventory, demand) are in the source-based analysis.
What contradicts it
- Gross margin: 37.5%
- FCF margin: -6.1%
- Current ratio: 1.0x
- EV/Sales: 13.1x
- FCF yield: -0.5%
- The price is above the estimated value range
- The valuation methods diverge
Not assessed (insufficient data or a ratio without meaning): Shareholder yield (distributions).
Versus the vertical median
Services-Computer Programming, Data Processing, Etc. (SIC 7370) · same industry (4-digit SIC) · compared with 39 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| GOOGLAlphabet Inc. | 3,552.1 bn | 15.1 | 44.3% | 50.0% | +15.1% | −10% / +118% |
| APPAppLovin Corporation | 90.0 bn | 18.3 | 210.1% | 65.9% | +70.0% | −55% / +625% |
| FLUTFlutter Entertainment plc | 14.2 bn | — | -14.3% | -7.1% | +16.6% | −61% / −48% |
| FDSFactset Research Systems Inc | 12.1 bn | 23.5 | 25.5% | 21.5% | +6.7% | +23% / −25% |
| SNAPSnap Inc | 10.2 bn | — | -15.6% | -4.9% | +10.6% | −23% / −57% |
| NIQNIQ Global Intelligence plc | 6.0 bn | — | -65.3% | -8.0% | +5.7% | +29% / unavailable |
| SIFYSify Technologies Ltd | 5.8 bn | — | -4.1% | -2.0% | +9.0% | +23% / +37% |
| WIXWix.com Ltd. | 4.4 bn | 91.5 | — | 2.5% | +13.2% | −16% / −21% |
| MGNIMagnite, Inc. | 3.3 bn | 19.9 | 20.4% | 23.6% | +6.9% | +55% / +182% |
| GRNDGrindr Inc. | 2.4 bn | 27.6 | 108.7% | 18.7% | +27.6% | +9% / +108% |
| DVDoubleVerify Holdings, Inc. | 2.1 bn | 34.0 | 5.8% | 8.2% | +13.9% | +29% / −59% |
| BZKanzhun Limited | 1.7 bn | 41.6 | 16.0% | 33.1% | +17.3% | −21% / +6% |
| WBWeibo Corporation | 1.6 bn | 3.8 | 12.1% | 25.6% | +0.1% | −35% / −36% |
| DJTTrump Media & Technology Group Corp. | 1.2 bn | — | -78.9% | -28,867.7% | +1.8% | −61% / −74% |
| HSTMHealthstream Inc | 949.7 m | 45.4 | 6.0% | 6.6% | +4.3% | +29% / +30% |
| NXDRNextdoor Holdings, Inc | 934.4 m | — | -7.2% | -11.1% | +4.2% | unavailable / unavailable |
| CEVACeva, Inc. | 788.9 m | — | -3.6% | -9.5% | +2.5% | +30% / +29% |
| BMBLBumble Inc. | 718.8 m | — | -85.9% | -61.8% | −9.9% | +69% / −57% |
| SABRSabre Corporation | 702.2 m | 1.1 | — | 25.1% | +1.0% | +8% / −51% |
| YALAYalla Group Limited | 413.9 m | 6.8 | 19.6% | 43.3% | +0.7% | −20% / −6% |
| ZIPZiprecruiter, Inc. | 321.9 m | 12.9 | — | 6.2% | −5.3% | −5% / −66% |
| MFMindForge Inc. | 172.5 m | — | -167.2% | -222.9% | −49.9% | −83% / unavailable |
| SANGSangoma Technologies Corp | 150.7 m | — | -1.9% | -2.1% | −4.3% | −13% / +55% |
| HCATHealth Catalyst, Inc. | 119.7 m | — | -118.1% | -90.6% | +1.5% | −47% / −78% |
| DOYUDouYu International Holdings Ltd | 111.1 m | — | -6.8% | -5.3% | −6.7% | −48% / −48% |
1- and 3-year price returns: for SIFY from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (USD)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
| 3 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
| 5 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 26 Jun 2026; since then the company filed 6-K (28 Oct 2026), 6-K (16 Jul 2026), 6-K (01 Jul 2026).
In brief
Sify Technologies is one of the largest integrated ICT solutions and services companies in India, offering network services, data center services and digital services to enterprise customers. Revenue grew 13% in fiscal 2026 1, but the loss before tax widened to 941 million rupees 1, driven by higher interest and depreciation costs.
SWOT
Strengths
Weaknesses
Opportunities
Risks
- Loss before taxhigh
The loss increased from the prior year because of interest and depreciation costs, which could limit self-funding capacity 1.
- Indebtedness and financing costshigh
The data center subsidiary has issued convertible and non-convertible debentures, and interest and coverage requirements could affect liquidity 1.
- NASDAQ compliancemedium
The company received notices about the ADS price and board composition, and any new non-compliance could affect its listing 1.
- Dependence on the Indian marketmedium
Most capital expenditure and revenue is tied to India, exposing the company to local economic and regulatory risks 1.
- Regulatory and licence obligationslow
An 8% licence fee on certain services may reduce margins, and regulatory changes could affect costs 1.
Investment thesis
What would need to be true (bull case)
- Revenue growth in fiscal 2026 and a broad data center network could support a recovery in profitability if demand continues 1.
- Combining network, data center and digital services gives the company a bundled offering for enterprise customers 1.
- A successful IPO of the data center subsidiary could ease financing pressure and speed up expansion 1.
What to watch
- Trend in loss before tax and interest costnext 10-K
- Timing and outcome of the possible IPO of Sify Infinit Spaces2026
- Continued compliance with NASDAQ listing requirementsnext 10-K
- Pace of capital expenditure and data center expansionfiscal 2027
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 26 Jun 2026; since then the company filed 6-K (28 Oct 2026), 6-K (16 Jul 2026), 6-K (01 Jul 2026).
The business
Sify Technologies Limited, formerly Satyam Infoway, was incorporated in Andhra Pradesh in 1995 and operates from its Chennai headquarters 1. Its network reaches more than 1700 cities and towns in India and connects 77 data centers, 14 of which are concurrently maintainable 1. The company positions itself as an end-to-end ICT provider with a focus on 'digital@core' and 'AI@core' 1.
Revenue comes from enterprise customers across three operating segments: Network Services, Data Center Services and Digital Services 1. Its primary markets are India and the rest of the world, and capital expenditure is concentrated in India, where data centers and the network are being expanded 1.
Financing includes its data center subsidiary Sify Infinit Spaces Limited, which operates the data centers and has raised funds through compulsorily convertible debentures and non-convertible debentures, and whose board approved a potential IPO in September 2025 1. The company has been listed on NASDAQ since 1999, moving to the NASDAQ Capital Market in 2017 1.
Segments
Network Services
Revenue comes from network infrastructure including NLD/ILD, IPVPN, internet and last mile connectivity, typically provided at fixed rates for a fixed period 1. The company also offers voice services in partnership with Skype, while costs include international bandwidth and licence fees 1.
Market context
The company operates mainly in India's enterprise ICT services market, where digital transformation and cloud migration continue to generate demand 1. The rest of the world is a secondary market for the company 1.
Demand for data center and connectivity capacity in India is described in the filing as growing, which supports the planned expansion of the network and data centers 1.
Trends
- Digital and cloud transformationtailwind
Customers are transforming their businesses through cloud, virtualization and analytics, and the company aims to keep them ahead with innovative products 1.
- Integration of artificial intelligencetailwind
The strategy has been extended to 'AI@core', as AI is reshaping the company's capabilities and how it delivers transformation solutions 1.
- Cost of financing and depreciationheadwind
The loss widened because of higher interest cost and depreciation, which could weigh on profitability if expansion continues 1.
- Regulatory and listing changesmixed
NASDAQ requirements on the ADS price and board composition led to a change in the ADS ratio and cure measures, which may affect investor perception 1.
Competitive position
The source does not explicitly name competitors, but the company implicitly competes with ICT services, data center and cloud providers operating in India 1. Its stated advantage lies in its network reach and in bundling several services under one provider 1.
Competitive pressure could come from investment in data centers and from cloud service pricing, and the ability to expand infrastructure quickly is a key factor 1.
- Indian ICT and data center service providers
The source does not name competitors. The company operates in the same Indian ICT and data center market.
- Global cloud and infrastructure providers
The source does not name competitors. Clients' cloud services may also be supplied by global operators.
- Telecommunications and connectivity operators
The source does not name competitors. NLD/ILD and internet services compete with telecom operators.
- Systems integrators and managed services firms
The source does not name competitors. Managed services and turnkey projects compete with integrators.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
- Sify Infinit Is Said to Put $391 Million India IPO on HoldBloomberg Markets · 16 Jun 2026 · EN
The latest news item in our archive is from 16 Jun 2026; the newest SEC filing is from 28 Oct 2026. The press archive comes from the RSS feeds we follow and does not necessarily cover the latest event — the filings alongside do.
SEC filings
- Current report (foreign issuer)28 Oct 2026
- Current report (foreign issuer)16 Jul 2026
- Current report (foreign issuer)01 Jul 2026
- Annual report (foreign issuer)26 Jun 2026
- Current report (foreign issuer)13 Apr 2026
- Current report (foreign issuer)13 Feb 2026
- Current report (foreign issuer)12 Jan 2026
- Current report (foreign issuer)04 Nov 2025
- Current report (foreign issuer)27 Oct 2025
- Current report (foreign issuer)17 Oct 2025
Sources
- [1] Form 20-F, fiscal year ended 2026-03-31 · SEC / Sify Technologies Limited · 26 Jun 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.