Is SIFY TECHNOLOGIES LTD (SIFY) Halal?

NASDAQ Communication Services India $933M
✗ NOT HALAL
Confidence: 90/100
SIFY TECHNOLOGIES LTD (SIFY) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 3856.6% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. SIFY TECHNOLOGIES LTD operates in the Communication Services sector.

Shariah Screening — 5 Standards

Based on financial data from March 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 3856.6%
/ 30%
615.3%
/ 30%
1210.2%
/ 30%
0.03%
/ 5%
✗ NOT HALAL
DJIM 3856.6%
/ 33%
615.3%
/ 33%
1210.2%
/ 33%
0.03%
/ 5%
✗ NOT HALAL
MSCI 47.5%
/ 33%
7.6%
/ 33%
14.9%
/ 33%
0.03%
/ 5%
✗ NOT HALAL
S&P 3856.6%
/ 33%
615.3%
/ 33%
1210.2%
/ 33%
0.03%
/ 5%
✗ NOT HALAL
FTSE 47.5%
/ 33%
7.6%
/ 33%
14.9%
/ 50%
0.03%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-0.24
P/B Ratio
4.5
EV/EBITDA
5.6
EV: $41.5B
Revenue
$39.9B
Growth: 10.5%
Beta
1.1
Average volatility

Profitability

Gross Margin 34.8%
Operating Margin 5.8%
Net Margin -3.7%

Cash Flow & Balance Sheet

Operating Cash Flow$8.6B
Free Cash Flow-$3.7B
Total Debt$39.5B
Debt-to-Equity197.0
Total Assets$83.2B

Price & Trading

Last Close$13.31
50-Day MA$14.61
200-Day MA$11.17
Avg Volume79K
Beta1.1
52-Week Range
$3.50
$17.85

About SIFY TECHNOLOGIES LTD (SIFY)

CEO
Mr. Raju Vegesna
Employees
4,406
Sector
Communication Services
Industry
Telecom Services
Country
India
Exchange
NASDAQ
Market Cap
$933M
Currency
USD

Sify Technologies Limited offers information and communication technology solutions and services in India and internationally. It operates through Network Services, Data Center Services, and Digital Services segments. The company offers internet, internet protocol/multi-protocol label switching virtual private network, SD WAN, cloud interconnect, internet based voice, Layer 1/Layer 2 networks, Data center/cloud interconnections, and wholesale and retail voice. It also provides co-location services; and managed data center services, such as storage and back-up management, performance monitoring, infrastructure monitoring and management, network availability, server load balancing, managed shared firewall, web server log reporting, and remote and smart hands services. In addition, it offers network managed services; enterprise cloud services which comprise of compute-as-a-service, storage-as-a-service, network-as-a-service, security-as-a-service, platform-as-a-service, backup-as-a-service, desktop-as-a-service, and DR-as-a-service, as well as advisory and migration services; cloud and managed services, including hyperscale partner cloud, multi-cloud management, CDN, and hybrid cloud management security services; and managed security services comprising digital signature services and turnkey solutions. Further, the company provides technology integration services; application services, which includes talent management, supply chain management, and eLearning; Enterprise Application services, such as SAP, Microsoft, Oracle services. The company was formerly known as Sify Limited and changed its name to Sify Technologies Limited in October 2007. Sify Technologies Limited was incorporated in 1995 and is headquartered in Chennai, India. Sify Tecmahnologies Limited is a subsidiary of Ramanand Core Investment Company Private Limited.

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Frequently Asked Questions

Is SIFY TECHNOLOGIES LTD (SIFY) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), SIFY TECHNOLOGIES LTD is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is SIFY TECHNOLOGIES LTD's debt ratio?

SIFY TECHNOLOGIES LTD's debt ratio is 3856.6% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 47.5%.

What are SIFY TECHNOLOGIES LTD's key financial metrics?

SIFY TECHNOLOGIES LTD has a market capitalization of $933M, and revenue of $39.9B. The company maintains a gross margin of 34.8% and a net margin of -3.7%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.