Sify Technologies Limited (SIFY) Balance Sheet

NASDAQ: SIFYAssets, liabilities, debt and equity over 10 years.

SIFY balance sheet, FY2026

March 31, 2026 · Indian rupees

₹88.88B assets = ₹73.66B liabilities + ₹15.22B equity

What it owns₹88.88BCash & ST investments: ₹4.97B (5.6%)Receivables: ₹15.06B (16.9%)Receivables₹15.06B · 17%Inventory: ₹2.84B (3.2%)Other current: ₹1.33B (1.5%)PP&E: ₹54.75B (61.6%)PP&E₹54.75B · 62%Goodwill & intangibles: ₹589.1M (0.7%)LT investments: ₹1.41B (1.6%)Other non-current: ₹7.95B (8.9%)Other non-current ₹7.95B=How it is financed₹88.88BCurrent liabilities: ₹33.07B (37.2%)Current liabilities₹33.07B · 37%Long-term debt: ₹29.27B (32.9%)Long-term debt₹29.27B · 33%Other LT liabilities: ₹11.32B (12.7%)Other LT liabilities₹11.32B · 13%Shareholders’ equity: ₹15.22B (17.1%)Shareholders’ equity₹15.22B · 17%

Both columns are drawn to the same scale: what SIFY owns equals what it owes plus shareholders’ equity. Hover a block for its value.

SIFY financial health

Current ratio0.73
Tight · current assets cover current liabilities 0.73×
Debt / equity3.40
High leverage · ₹3.40 of debt for each $1 of equity
Equity / assets17.1%
Thin equity · of assets funded by shareholders
Cash / debt9.6%
Low cash cover · cash & short-term investments vs total debt
Goodwill & intangibles0.7%
Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal FY2026.

SIFY balance sheet trends, FY2017–FY2026

MetricTrendThenLatestChange
Total assets₹21.53BFY2017₹88.88BFY2026+17.1%/yr
Total liabilities₹13.27BFY2017₹73.66BFY2026+21.0%/yr
Shareholders’ equity₹8.26BFY2017₹15.22BFY2026+7.0%/yr
Cash & short-term investments₹1.62BFY2017₹4.97BFY2026+13.3%/yr
Total debt₹4.92BFY2017₹51.70BFY2026+29.9%/yr
Net cash (debt)−₹3.30BFY2017−₹46.72BFY2026−₹43.4B
Working capital₹700.5MFY2017−₹8.88BFY2026−₹9.6B
Current ratio1.06FY20170.73FY2026−0.33
Debt / equity0.60FY20173.40FY2026+2.80
Shares outstanding48.2MFY201772.4MFY2026+4.6%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

SIFY assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

SIFY liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

SIFY debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

SIFY balance sheet in Indian rupees

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Assets
Cash & short-term investments₹4.97B₹6.30B₹5.39B₹3.65B₹3.78B₹5.10B₹2.32B₹1.93B₹1.99B₹1.62B
Cash & equivalents₹4.97B₹5.00B₹4.11B₹3.65B₹3.78B₹5.10B₹2.32B₹1.93B₹1.99B₹1.62B
Short-term investments₹0₹1.31B₹1.29B₹0———₹0₹0₹0
Receivables₹15.06B₹12.40B₹10.18B₹11.40B₹10.84B₹8.53B₹9.65B₹10.04B₹8.82B₹6.96B
Inventory₹2.84B₹3.96B₹3.39B₹1.94B₹2.41B₹1.41B₹1.30B₹1.72B₹645.8M₹1.18B
Other current assets₹1.33B₹3.89B₹5.24B₹5.33B₹4.98B₹2.17B₹3.37B₹3.42B₹2.61B₹2.37B
Total current assets₹24.19B₹26.56B₹24.21B₹22.32B₹22.01B₹17.21B₹16.64B₹17.11B₹14.07B₹12.14B
Property, plant & equipment (net)₹54.75B₹47.74B₹39.47B₹28.00B₹21.11B₹17.04B₹15.67B₹8.64B₹7.21B₹6.62B
Goodwill & intangible assets₹589.1M₹696.9M₹641.9M₹622.7M₹634.5M₹694.6M₹679.7M₹576.5M₹582.5M₹559.1M
Long-term investments₹1.41B₹1.23B₹1.20B₹1.04B₹476.1M₹212.2M₹212.0M₹194.6M₹145.7M₹74.7M
Other non-current assets₹7.95B₹6.96B₹5.46B₹5.42B₹2.84B₹1.51B₹1.05B₹3.42B₹2.45B₹2.14B
Total assets₹88.88B₹83.18B₹70.98B₹57.40B₹47.07B₹36.66B₹34.26B₹29.94B₹24.46B₹21.53B
Liabilities
Accounts payable₹7.31B₹12.16B₹10.34B₹9.23B₹4.97B₹3.61B₹3.89B₹2.97B₹2.87B₹2.74B
Short-term debt₹16.32B₹7.67B₹7.53B₹7.25B₹7.98B₹6.32B₹5.95B₹69.9M₹275.1M₹3.85B
Deferred revenue₹6.19B₹5.28B₹3.89B₹3.21B₹2.84B₹1.75B₹1.89B₹1.80B₹1.46B₹1.59B
Total current liabilities₹33.07B₹27.66B₹23.63B₹22.06B₹21.10B₹16.92B₹16.50B₹14.44B₹12.22B₹11.44B
Long-term debt₹29.27B₹28.22B₹17.61B₹13.82B₹7.77B₹3.64B₹3.74B₹3.36B₹2.11B₹1.07B
Lease obligations₹3.90B₹3.81B₹3.04B₹2.45B₹2.21B₹2.20B₹1.83B₹96.9M₹186.0M₹519.2M
Other long-term liabilities₹11.32B₹7.16B₹11.67B₹4.38B₹3.72B₹2.93B₹2.66B₹1.37B₹1.13B₹763.9M
Total liabilities₹73.66B₹63.05B₹52.91B₹40.26B₹32.59B₹23.50B₹22.90B₹19.16B₹15.46B₹13.27B
Shareholders' equity
Common stock & paid-in capital₹4.27B₹4.35B₹1.85B₹1.84B₹1.84B₹1.84B₹1.81B₹1.80B₹1.52B₹1.52B
Retained earnings (deficit)−₹8.98B−₹7.80B−₹6.63B−₹6.79B−₹7.47B−₹8.72B−₹10.26B−₹10.74B−₹11.55B−₹12.27B
Treasury stock———————₹0₹0₹0
Accumulated other comprehensive income₹520.5M₹3.80B₹4.8M₹2.41B₹77.3M₹90.4M₹93.6M₹54.6M₹33.6M₹26.8M
Minority interest——₹0₹0———₹0₹0₹0
Total shareholders' equity₹15.22B₹20.13B₹18.07B₹17.15B₹14.48B₹13.17B₹11.35B₹10.78B₹9.00B₹8.26B
Key figures
Total debt₹51.70B₹39.51B₹33.54B₹22.93B₹17.46B₹11.74B₹11.16B₹8.31B₹5.79B₹4.92B
Net cash (debt)−₹46.72B−₹33.21B−₹28.15B−₹19.28B−₹13.68B−₹6.63B−₹8.85B−₹6.37B−₹3.80B−₹3.30B
Working capital−₹8.88B−₹1.11B₹576.5M₹259.1M₹902.0M₹286.6M₹142.6M₹2.67B₹1.85B₹700.5M
Tangible book value₹14.63B₹19.43B₹17.43B₹16.52B₹13.84B₹12.47B₹10.67B₹10.20B₹8.42B₹7.71B
Shares outstanding72.4M72.4M65.8M65.6M65.6M65.4M60.2M51.9M50.4M48.2M
Current ratio0.730.961.021.011.041.021.011.191.151.06
Quick ratio0.610.680.660.680.690.810.730.830.890.75
Debt / equity3.401.961.861.341.210.890.980.770.640.60
Equity / assets17.1%24.2%25.5%29.9%30.8%35.9%33.1%36.0%36.8%38.4%

Quarterly columns are labeled by the month the quarter ended. Figures in Indian rupees as reported (latest annual report filed June 26, 2026); data from EODHD.

SIFY financial position

At the end of fiscal 2026 (March 31, 2026), Sify Technologies had total assets of ₹88.9 billion (up 6.9% from a year earlier), total liabilities of ₹73.7 billion and shareholders' equity of ₹15.2 billion. It held ₹5.0 billion in cash and short-term investments against ₹51.7 billion of debt, net debt of ₹46.7 billion. Its current ratio was 0.73.

Related: SIFY income statement, SIFY cash flow statement, SIFY key metrics. See the SIFY stock overview for the latest quote and news.

SIFY balance sheet FAQ

What are Sify Technologies's total assets?

Sify Technologies reported total assets of ₹88.9 billion at the end of fiscal 2026 (March 31, 2026), compared with ₹83.2 billion a year earlier.

How much debt does Sify Technologies have?

Sify Technologies had ₹51.7 billion of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 3.40.

How much cash does Sify Technologies have?

Sify Technologies held ₹5.0 billion in cash and short-term investments at the end of fiscal 2026; with ₹51.7 billion of debt that is net debt of ₹46.7 billion.

What is Sify Technologies's book value?

Sify Technologies's shareholders' equity (book value) was ₹15.2 billion at the end of fiscal 2026.

What is Sify Technologies's current ratio?

Sify Technologies had current assets of ₹24.2 billion and current liabilities of ₹33.1 billion, a current ratio of 0.73 (current liabilities exceed current assets).

How much goodwill does Sify Technologies have?

Sify Technologies carried ₹589.1 million of goodwill and intangible assets, 0.7% of total assets, at the end of fiscal 2026.

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