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SS Innovations International (SSII)

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SS Innovations International Inc. is a commercial-stage medical technology company focused on robotic-assisted surgery. The company develops, manufactures, and markets the SSi Mantra Surgical Robotic System, a platform designed to help surgeons perform minimally invasive procedures across a broad range of specialties. Its indicated areas include urology, general surgery, gynaecology, colorectal procedures, gastroenterology, head and neck surgery, thoracic surgery, and cardiac surgery.

The company operates in a market shaped by demand for smaller incisions, greater surgical precision, shorter hospital stays, and more consistent outcomes. Surgical robotics systems are used to translate a surgeon’s hand movements into controlled instrument motion inside the patient, often with enhanced visualisation and ergonomics compared with traditional laparoscopy. SS Innovations positions the SSi Mantra as a multi-specialty system for hospitals seeking to expand robotic surgery capabilities.

Alongside the main robotic platform, SS Innovations sells instruments and accessories under the SSi Mudra brand. This product family includes stapling, energy, and core instrumentation used with its surgical systems, giving the company a recurring revenue opportunity tied to procedures as well as initial system placements. Instruments, consumables, training, service, and support are important parts of the broader robotics business model.

As a listed stock, SS Innovations offers exposure to the specialised field of surgical robotics, an industry with high regulatory, clinical, manufacturing, and adoption barriers. Its performance depends on surgeon uptake, hospital purchasing decisions, procedure volumes, product reliability, regulatory clearances, and its ability to compete with established global medical device companies.

4.31 USD
4.18 USD
+0.30 (+7.48%)
After-hours

Last updated

Market Cap
802.53M
P/E
P/FCF
P/S
16.56
Enterprise Value
797.7M
Sector
Health Care
Industry
Surgical and Medical Instruments and Apparatus
Address
405, 3RD FLOOR, ILABS INFO TECH CENTRE, GURUGRAM, 122016
Market Cap
802.53M
Enterprise Value
797.7M
P/E
P/B
14.72
P/S
16.56
EV / EBITDA
-162.09
EV / Sales
16.46
EPS
-0.05
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
-17.59M
ROE
-18.39%
ROA
-11.08%
Debt / Equity
0.2
Current Ratio
2.25
Quick Ratio
1.6
Cash
0.61
Avg Volume
50.21K
Fundamentals Snapshot Price
4.01

Income Statement

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2
Revenue 11.1M 14.53M 12.83M 10M
Gross profit 5.33M 6.38M 6.16M 5.92M
Operating income -3.64M -735K -1.84M 97.01K
EBITDA -3.32M -425.51K -1.54M 357.38K
Net income -3.58M -2.47M -3.72M -256.69K
Basic EPS -0.02 -0.01 -0.02
Diluted EPS -0.02 -0.01 -0.02

Balance Sheet

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2
Total assets 90.55M 74.23M 69.58M 69.98M
Total liabilities 36.02M 36.01M 29.93M 27.95M
Total equity 54.52M 38.22M 39.65M 42.02M
Cash & equivalents 15.98M 3.21M 5.68M 11.38M
Current assets 58.63M 42.84M 42.4M 44.9M
Current liabilities 26.05M 26.24M 21.19M 19.61M

Cash Flow

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2
Operating cash flow -2.31M -1.52M -7.47M -3.45M
Investing cash flow -54.19K -1.71M -755.08K -316.65K
Financing cash flow 18.16M 1.37M 3.09M -702.1K
Change in cash 15.79M -1.86M -5.13M -4.47M
Kind Filing Date Link
edgar index 4 — SS Innovations International, Inc. View Filing
form 4 Form 4 — Cohen Barry F View Filing
edgar index 8-K — SS Innovations International, Inc. View Filing
eight k text 8-K — 8-K View Filing
edgar index 424B5 — SS Innovations International, Inc. View Filing
edgar index EFFECT — SS Innovations International, Inc. View Filing
edgar index 10-Q — SS Innovations International, Inc. View Filing
edgar index 8-K — SS Innovations International, Inc. View Filing
edgar index 4 — SS Innovations International, Inc. View Filing
eight k text 8-K — 8-K View Filing
form 4 Form 4 — Sudhir Srivastava View Filing
edgar index 8-K — SS Innovations International, Inc. View Filing
eight k text 8-K — 8-K View Filing
edgar index 8-K — SS Innovations International, Inc. View Filing
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edgar index SCHEDULE 13G/A — SS Innovations International, Inc. View Filing
edgar index S-3 — SS Innovations International, Inc. View Filing
edgar index 8-K — SS Innovations International, Inc. View Filing
eight k text 8-K — 8-K View Filing
edgar index RW — SS Innovations International, Inc. View Filing
edgar index 4 — SS Innovations International, Inc. View Filing
form 4 Form 4 — Sudhir Srivastava View Filing
edgar index 8-K — SS Innovations International, Inc. View Filing
eight k text 8-K — 8-K View Filing
edgar index 4 — SS Innovations International, Inc. View Filing
form 4 Form 4 — Cohen Barry F View Filing
edgar index 4 — SS Innovations International, Inc. View Filing
edgar index 4 — SS Innovations International, Inc. View Filing
form 4 Form 4 — Cohen Barry F View Filing
edgar index 8-K — SS Innovations International, Inc. View Filing
eight k text 8-K — 8-K View Filing
form 4 Form 4 — Sudhir Srivastava View Filing
edgar index 4 — SS Innovations International, Inc. View Filing
form 4 Form 4 — Sudhir Srivastava View Filing
edgar index D — SS Innovations International, Inc. View Filing
edgar index 8-K — SS Innovations International, Inc. View Filing
eight k text 8-K — 8-K View Filing
edgar index 10-K — SS Innovations International, Inc. View Filing
edgar index 8-K — SS Innovations International, Inc. View Filing
edgar index 4 — SS Innovations International, Inc. View Filing
edgar index 4 — SS Innovations International, Inc. View Filing
edgar index 4 — SS Innovations International, Inc. View Filing
eight k text 8-K — 8-K View Filing
ten k section 10-K — business View Filing
ten k section 10-K — mda View Filing
ten k section 10-K — risk_factors View Filing
edgar index 8-K — SS Innovations International, Inc. View Filing
eight k text 8-K — 8-K View Filing
form 4 Form 4 — Sudhir Srivastava View Filing
form 4 Form 4 — Adams Timothy P. View Filing
form 4 Form 4 — MOLL FREDERIC H View Filing
edgar index 4 — SS Innovations International, Inc. View Filing
form 4 Form 4 — Cohen Barry F View Filing
edgar index 4 — SS Innovations International, Inc. View Filing
edgar index 4 — SS Innovations International, Inc. View Filing
form 4 Form 4 — Sudhir Srivastava View Filing
form 4 Form 4 — Vishwajyoti Pascual Srivastava View Filing
edgar index S-1 — SS Innovations International, Inc. View Filing
edgar index 3 — SS Innovations International, Inc. View Filing
form 3 Form 3 — RAO MILAN View Filing
edgar index 4 — SS Innovations International, Inc. View Filing
edgar index 4/A — SS Innovations International, Inc. View Filing
edgar index 4 — SS Innovations International, Inc. View Filing
form 4 Form 4 — Sudhir Srivastava View Filing
form 4 Form 4 — Sudhir Srivastava View Filing
form 4 Form 4 — Sudhir Srivastava View Filing
edgar index 8-K — SS Innovations International, Inc. View Filing
edgar index 8-K — SS Innovations International, Inc. View Filing
edgar index 8-K — SS Innovations International, Inc. View Filing
edgar index 4 — SS Innovations International, Inc. View Filing
form 4 Form 4 — Cohen Barry F View Filing
form 4 Form 4 — Cohen Barry F View Filing
edgar index 8-K — SS Innovations International, Inc. View Filing
edgar index 8-K — SS Innovations International, Inc. View Filing
edgar index DRS — SS Innovations International, Inc. View Filing