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.

Troy, US
Size (employees)
17,538 (est)
Syntel was founded in 1980 and is headquartered in Troy, US
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Syntel Office Locations

Syntel has an office in Stuttgart, Troy, Buffalo, Miami and in 24 other locations
Troy, US (HQ)
300 525 E Big Beaver Rd
Boston, US
50 Milk St
Brentwood, US
300 105 Westpark Dr
Buffalo, US
1 Exchange St
Cary, US
212 1100 Crescent Grn
Irving, US
1150 433 E Las Colinas Blvd
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Syntel Financials and Metrics

Syntel Financials

Syntel's revenue was reported to be $966.55 m in FY, 2016 which is a 0.2% decrease from the previous period.

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 (5-Mar-2018)

2.1 b

Cash (6-Mar-2018)

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
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)
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
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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

136 120 122 141 118 123 126 128 137 118 123

New Projects

182 232 888 270 213 113 217 815 199 119
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