Sigma Solve Ltd
Incorporated in 2010, Sigma Solve Ltd is in the business of IT Services & Consulting[1]
Sigma Solve builds state of the art custom enterprise apps that generate & maximize revenues with unique mobile app development solutions
- Market Cap ₹ 483 Cr.
- Current Price ₹ 47.0
- High / Low ₹ 65.5 / 35.5
- Stock P/E 63.7
- Book Value ₹ 2.73
- Dividend Yield 1.06 %
- ROCE 35.5 %
- ROE 28.0 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 52.6% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 28.7%
Cons
- Stock is trading at 17.2 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Information Technology Information Technology IT - Services IT Enabled Services
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.71 | 1.82 | 2.04 | 2.50 | 3.37 | 5.54 | 7.49 | 10.78 | 17.76 | 27.66 | 31.94 | 38.52 | 38.35 | |
| 1.56 | 1.62 | 1.77 | 2.23 | 2.95 | 4.72 | 6.41 | 9.73 | 15.24 | 21.90 | 23.99 | 29.54 | 28.73 | |
| Operating Profit | 0.15 | 0.20 | 0.27 | 0.27 | 0.42 | 0.82 | 1.08 | 1.05 | 2.52 | 5.76 | 7.95 | 8.98 | 9.62 |
| OPM % | 8.77% | 10.99% | 13.24% | 10.80% | 12.46% | 14.80% | 14.42% | 9.74% | 14.19% | 20.82% | 24.89% | 23.31% | 25.08% |
| 0.02 | 0.01 | 0.00 | 0.08 | 0.12 | 0.15 | 0.30 | 0.60 | 0.50 | 1.01 | 0.78 | 1.68 | 1.79 | |
| Interest | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 | 0.03 | 0.04 | 0.03 | 0.01 | 0.33 | 0.42 | 0.36 | 0.33 |
| Depreciation | 0.04 | 0.06 | 0.10 | 0.07 | 0.07 | 0.07 | 0.06 | 0.07 | 0.18 | 0.80 | 0.92 | 0.87 | 0.85 |
| Profit before tax | 0.13 | 0.15 | 0.16 | 0.27 | 0.47 | 0.87 | 1.28 | 1.55 | 2.83 | 5.64 | 7.39 | 9.43 | 10.23 |
| Tax % | 23.08% | 26.67% | 25.00% | 14.81% | 27.66% | 25.29% | 25.78% | 20.65% | 31.80% | 25.53% | 24.49% | 26.30% | |
| 0.10 | 0.11 | 0.12 | 0.23 | 0.35 | 0.65 | 0.95 | 1.22 | 1.93 | 4.21 | 5.57 | 6.95 | 7.59 | |
| EPS in Rs | 3.33 | 3.67 | 4.00 | 7.67 | 11.67 | 0.09 | 0.09 | 0.12 | 0.19 | 0.41 | 0.54 | 0.68 | 0.73 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 21.63% | 16.84% | 26.63% | 12.21% | 9.23% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 36% |
| 5 Years: | 39% |
| 3 Years: | 29% |
| TTM: | 18% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 51% |
| 5 Years: | 53% |
| 3 Years: | 53% |
| TTM: | 47% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 32% |
| 3 Years: | 2% |
| 1 Year: | 2% |
| Return on Equity | |
|---|---|
| 10 Years: | 24% |
| 5 Years: | 25% |
| 3 Years: | 29% |
| Last Year: | 28% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 3.01 | 4.11 | 4.11 | 10.28 | 10.28 | 10.28 | 10.28 |
| Reserves | 0.15 | 0.27 | 0.39 | 0.54 | 0.89 | 0.65 | 5.46 | 6.47 | 2.45 | 6.14 | 11.22 | 17.82 |
| 0.16 | 0.00 | 0.06 | 0.23 | 0.77 | 0.34 | 0.18 | 0.41 | 3.86 | 4.82 | 3.63 | 1.99 | |
| 0.19 | 0.36 | 0.25 | 0.34 | 0.59 | 0.95 | 0.69 | 1.10 | 2.78 | 3.49 | 4.72 | 5.04 | |
| Total Liabilities | 0.51 | 0.64 | 0.71 | 1.12 | 2.26 | 4.95 | 10.44 | 12.09 | 19.37 | 24.73 | 29.85 | 35.13 |
| 0.05 | 0.23 | 0.23 | 0.17 | 0.19 | 0.15 | 0.14 | 0.19 | 0.44 | 7.66 | 6.97 | 6.33 | |
| CWIP | 0.13 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 | 6.58 | 0.00 | 0.00 | 0.00 |
| Investments | 0.23 | 0.24 | 0.20 | 0.57 | 1.31 | 2.98 | 7.87 | 8.32 | 4.62 | 5.31 | 5.56 | 5.59 |
| 0.10 | 0.17 | 0.28 | 0.38 | 0.76 | 1.81 | 2.42 | 3.58 | 7.73 | 11.76 | 17.32 | 23.21 | |
| Total Assets | 0.51 | 0.64 | 0.71 | 1.12 | 2.26 | 4.95 | 10.44 | 12.09 | 19.37 | 24.73 | 29.85 | 35.13 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00 | 0.00 | 0.26 | 0.30 | 0.29 | 0.07 | 0.35 | 1.20 | 1.66 | 13.26 | 11.07 | |
| 0.00 | 0.00 | 0.00 | -0.38 | -0.83 | -1.85 | -4.87 | -0.04 | -4.25 | -2.33 | -11.08 | -2.61 | |
| 0.00 | 0.00 | 0.00 | 0.10 | 0.55 | 1.57 | 4.81 | 0.02 | 3.23 | 0.14 | -2.11 | -2.56 | |
| Net Cash Flow | 0.00 | 0.00 | 0.00 | -0.02 | 0.01 | 0.00 | 0.01 | 0.33 | 0.18 | -0.54 | 0.07 | 5.90 |
| Free Cash Flow | 0.00 | 0.00 | 0.00 | 0.25 | 0.21 | 0.25 | 0.03 | 0.23 | -5.82 | 0.23 | 13.03 | 10.89 |
| CFO/OP | 0% | 0% | 0% | 119% | 93% | 61% | 39% | 70% | 67% | 49% | 182% | 148% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 4.27 | 18.05 | 32.21 | 45.26 | 73.65 | 96.19 | 89.67 | 104.62 | 101.73 | 111.24 | 32.23 | 0.28 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 4.27 | 18.05 | 32.21 | 45.26 | 73.65 | 96.19 | 89.67 | 104.62 | 101.73 | 111.24 | 32.23 | 0.28 |
| Working Capital Days | -57.63 | -46.13 | -7.16 | -17.52 | -57.40 | 16.47 | 51.66 | 62.30 | 41.72 | 53.31 | -15.54 | -8.81 |
| ROCE % | 42.11% | 50.00% | 45.95% | 33.87% | 34.29% | 28.92% | 17.02% | 13.21% | 20.59% | 31.56% | 33.69% | 35.46% |
Insights
In beta| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Total Employees No. |
|
|||||
| Project Pipeline (Total) No. |
||||||
Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
- Sigma solve Limited submit their newspaper Advertisement for 16th Annual general meeting and E-voting information for the same
- Sigma Solve Limited Submit Record Date For The Annual General Meeting 16Th September 2026
-
Corporate Action-Board to consider Dividend
- Final dividend of 50% (₹0.50/share) for FY2026, record date 16 September 2026.
- Sigma Solve Limited Submits Their Book Closure Dates For The 16Th Annual General Meeting
- Corporate Action-Board to consider Dividend
Annual reports
-
Annual Report 2026
from bse
-
Annual Report 2025
from bse
-
Annual Report 2024
from bse
-
Annual Report 2023
from bse
-
Annual Report 2022
from nse
-
Annual Report 2021
from nse
Concalls
-
Feb 2024Transcript PPT
-
Dec 2023Transcript PPT
-
Aug 2023PPT
-
May 2023PPT
-
Dec 2022PPT
Business Overview:[1][2]
SSL is an enterprise software solutions company. It is in the business of selling
plugins. These plugins are categorized
and sold by the company from its digital
store. Also, company offers turnkey
consultancy services. In association
with group entity Sigma Solve, co.
provide services related to Web &
E-commerce Development, Real
Time Application development,
Business Intelligence Analytics,
CRM Development, Digital Marketing,
UI & UX Design, Automation Testing
and Quality Assurance. The company
has its offices at Florida (USA), Atlanta
(Home Office), Australia (Home Office),
and Ahmedabad