Syntel is a global provider of Digital Transformation, Information Technology and Knowledge Process Outsourcing solutions, spanning the entire lifecycle of business and information systems and processes. The Company is driven by its mission to create new opportunities for clients by harnessing the passion, talent and innovation of Syntel employees worldwide. Syntel partners with leading corporations across the banking & financial, insurance, healthcare, life sciences, retail, and logistics and manufacturing industries, leveraging dedicated Centers of Excellence and a flexible Global Delivery Model. Our collaborative client partnerships create sustainable business advantage through innovation, improved quality and reduced costs for Global 2000 clients. Syntel’s overall growth of 13% year-on-year is attributed to our “customer for life” commitment and ability to continually reinvent ourselves and expand our services to adapt to the shifts of the market and needs of our clients. Recognized by clients as “Small enough to listen, Big enough to deliver™” for its responsiveness and ability to build collaborative partnerships, Syntel is known for innovative solutions, beyond business benefits.

Company Growth (employees)
Troy, US
Size (employees)
17,538 (est)+5%
Syntel was founded in 1980 and is headquartered in Troy, US

Syntel Office Locations

Syntel has offices in Troy, Buffalo, Miami, Schaumburg and in 24 other locations
Troy, US (HQ)
300 525 E Big Beaver Rd
Boston, US
50 Milk St
Buffalo, US
1 Exchange St
Miami, US
3102 1001 Brickell Bay Dr
Schaumburg, US
905 1701 Woodfield Rd
Stuttgart, DE
Coloradoturm 4 Industriestraße
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Syntel Financials and Metrics

Syntel Financials

Syntel's revenue was reported to be $966.6 m in FY, 2016

Revenue (Q3, 2017)

231.3 m

Gross profit (Q3, 2017)

88.1 m

Gross profit margin (Q3, 2017), %


Net income (Q3, 2017)

48.8 m

EBIT (Q3, 2017)

61 m

Market capitalization (13-Dec-2017)

2.1 b

Cash (30-Sep-2017)

75.4 m
Syntel's current market capitalization is $2.1 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016


824.8 m911.4 m968.6 m966.6 m

Revenue growth, %


Cost of goods sold

460.6 m533.9 m584.6 m595.7 m

Gross profit

364.2 m377.6 m384 m370.8 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017


209.9 m219.5 m228.3 m228.3 m220.6 m239.8 m253.6 m241.4 m246 m241.3 m225.9 m226.8 m231.3 m

Cost of goods sold

112.2 m123.5 m138.7 m133.8 m141.8 m148.7 m146.1 m151.7 m155 m146.7 m143.4 m145.4 m143.2 m

Gross profit

97.7 m96 m89.5 m94.5 m78.8 m91.1 m107.6 m89.7 m91 m94.6 m82.4 m81.5 m88.1 m

Gross profit Margin, %

USDFY, 2013FY, 2014FY, 2015FY, 2016


178.8 m197.7 m500.5 m78.3 m

Current Assets

843.1 m1.1 b1.3 b279.6 m


109.6 m109.1 m105.8 m106.5 m


906 k906 k906 k906 k
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017


150.2 m221.8 m170.9 m221.5 m281.8 m489.9 m476.9 m658.5 m702.4 m65.2 m46.9 m57.4 m75.4 m

Current Assets

758.8 m916.7 m980.6 m1 b1.1 b1.1 b1.2 b1.3 b1.3 b1.5 b257.8 m247.7 m275.1 m


105.8 m111.7 m112.4 m110.8 m111.2 m110.8 m107.3 m106 m107.5 m109.9 m109.2 m107.2 m105.1 m


906 k906 k906 k906 k906 k906 k906 k906 k906 k906 k906 k906 k906 k
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

219.7 m249.7 m252.5 m(57.4 m)

Depreciation and Amortization

14.5 m16.1 m15.6 m14.9 m

Accounts Payable

16.3 m8.2 m(1.2 m)

Cash From Operating Activities

200 m233.4 m223.5 m(11.7 m)
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

59.4 m58.1 m59.3 m61.6 m40 m60.6 m77.7 m53.1 m58.8 m38.4 m

Depreciation and Amortization

11.1 m

Accounts Payable

11.5 m12.2 m13.9 m14.2 m50.8 m10.6 m

Cash From Operating Activities

(16.4 m)
USDY, 2017


13.2 k
Show all financial metrics

Syntel Operating Metrics

Syntel's Enterprise Customers was reported to be 123 in Q2, 2017
FY, 2014Q3, 2015Q4, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016FY, 2016Q1, 2017Q2, 2017

Enterprise Customers


New Projects

Show all operating metrics

Syntel Market Value History

Syntel Revenue Breakdown

Syntel Median Salaries

Source: 4.2 k public H-1B filings from Syntel

Syntel's Web-traffic and Trends

Syntel Online and Social Media Presence

Syntel Company Life and Culture

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