Company Analysis

SS Innovations International Inc. (SSII)

Nasdaq: SSII · Surgical & Medical Instruments & Apparatus · filing with the SEC since 2016
Grade4.7
◀ Past 4.7● Present 4.2▶ Future 5.4
1 est.

The grade of SS Innovations International Inc.

Nine metrics read from its own filings, by tense
Headline grade
4.7/10
◀ Past4.730% of the headline
● Present4.240% of the headline
▶ Future5.430% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

4.7/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
1.5/10

Has it survived what it has been through?

9 warning events since 2017; the latest 2025-03-31.

weight 33% of this tense · 15th percentile among 121 sector filers · read for itself

From the record

SS Innovations International Inc.'s filings since 2017 show 9 warning events of 3 kinds: a warning not to rely on past financial statements (8-K item 4.02, the latest 2024-08-14); an auditor change (8-K item 4.01, 4 times, the latest 2024-05-31); a late-report notice (Form NT 10-K or NT 10-Q, 4 times, the latest 2025-03-31) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
7.3/10

What has it actually done, year after year?

+209.2% a year over 4 filed years; profitable in 0 of 4.

weight 45% of this tense · 73rd percentile among 105 sector filers · read for its customers

From the record

SS Innovations International Inc.'s 4 filed years say what it did: revenue went from $1 million in fiscal 2022 to $42 million in fiscal 2025, up 209.2% a year; it rose in 3 of 3 years; it never fell from a peak; net income was positive in 0 of 4 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span209.2%top 1% of its family
  • the share of years revenue rosetop 15% of its family
  • the share of filed years with a profitbottom 23% of its family
  • the deepest fall from a revenue peak0.0%top 16% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
4.0/10

How has it treated the people who own it?

SI estimate 4.0/10, confidence 35 of 100 (one part).

weight 22% of this tense · 40th percentile among 120 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 40% of 120 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 120 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: SS Innovations International Inc.'s shareholder treatment is put at 4.0 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 40% of 120 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

4.2/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
4.6/10

Is it financially healthy right now?

ROE -32%: lost 32¢ per shareholder dollar. Leverage 49%: owes 49¢ per asset dollar.

weight 45% of this tense · 46th percentile among 120 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, SS Innovations International Inc. lost about 32 cents for every dollar of shareholders' money, and gross profitability: its products earned about 26 cents per dollar of everything the company owns. Leverage: it owed about 49 cents per dollar of assets, and net share issuance: its share count grew 9.7% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 49% of its family
  • return on equitybottom 47% of its family
  • gross profit against assetsbottom 39% of its family
  • the share count against the year beforetop 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
6.0/10

How strong is its position in its industry?

top 40% of 109 in its family; net margin -28.5%.

weight 33% of this tense · 60th percentile among 109 sector filers · read for its customers

From the record

SS Innovations International Inc.'s standing among 109 graded names in its industry family: revenue of $42 million in fiscal 2025 ranks in the bottom 39% by size; a net margin of -28.5% ranks in the bottom 44%; revenue growth of 209.2% a year over the last 3 filed years ranks in the top 3% (its annual reports).

What it rests on

  • revenue against the family$42.5Mbottom 39% of its family
  • net margin-28.5%bottom 44% of its family
  • three-year revenue growth209.2%top 3% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
0.6/10

What are the people in charge doing?

bottom 6% of 91 in its family for leadership; chief executive since 2023.

weight 22% of this tense · 6th percentile among 91 sector filers · read for its shareholders

From the record

SS Innovations International Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Srivastava, Sudhir (Chairman and CEO, as filed), filing under that title since the record of its people begins (2023-11-09), so the years before are not on the record and this part is not read; the 8 officers and directors filing in the last fifteen months have been on the record a median of 2.2 years (bottom 7%); 13 officer or director changes were reported on Form 8-K since 2023-11-13, against the 8 people in charge now (bottom 4%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge13 in three years among 8 peoplebottom 4% of its family
  • the median years the people in charge have filed2.2 yearsbottom 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

5.4/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
3.3/10

How much room does it have to grow?

bottom 33% of 104 in its family for room to expand.

weight 45% of this tense · 33rd percentile among 104 sector filers · read for itself

From the record

SS Innovations International Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $3 million against no long-term debt tagged leaves 4.3% of its assets as net cash, bottom 38% of its family; cash from operations less capital spending is -52.3% of revenue (bottom 28%); a gross margin of 46% (bottom 27%); research spending of 8.7% of revenue (bottom 37%) (its annual report).

What it rests on

  • cash less debt against assets4.3%bottom 38% of its family
  • cash from operations less capital spending against revenue-52.3%bottom 28% of its family
  • gross margin46.0%bottom 27% of its family
  • research spending against revenue8.7%bottom 37% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
8.6/10

What could actually drive growth from here?

top 14% of 105 in its family for growth drivers.

weight 33% of this tense · 86th percentile among 105 sector filers · read for its customers

From the record

SS Innovations International Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 209.2% a year over the last three filed years against 209.2% over all 4, speeding up (top 43% of its family); the newest year grew 105.8% (top 7%); research spending grew 55.1% a year (top 5%); capital spending grew 155.1% a year (top 1%) (its annual reports). SS Innovations International Inc. reported 4 product lines in fiscal 2025: System Sales at $38 million (90%), Instruments Sale at $3 million (8%), Warranty Sale at $877 thousand (2%), and 1 more; 3 of 4 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+0.0 points a yeartop 43% of its family
  • the newest year's revenue growth105.8%top 7% of its family
  • three-year growth of research spending55.1%top 5% of its family
  • three-year growth of capital spending155.1%top 1% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
4.9/10

Did its newest year beat what its own record pointed to?

bottom 49% of 88 in its family for expectations against reality.

weight 22% of this tense · 49th percentile among 88 sector filers · read for its shareholders

From the record

SS Innovations International Inc.'s newest year against its own record: revenue of $42 million in fiscal 2025 came in 45.7% below the $78 million its prior three years' pace pointed to (bottom 6% of its family); net income of $12 million against a prior three-year average of $14 million (top 49%); a net margin of -28.5% against losses larger than its revenue before (top 10%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-45.7%bottom 6% of its family
  • net income against the prior three years' average+16%top 49% of its family
  • net margin against its prior averageup more than 100 pointstop 10% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton SSII · research, not advice