Sigma Solve Ltd

Sigma Solve Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Sigma Solve Ltd

₹ 49.6 2.99%
01 Feb 11:00 a.m.
sigmasolve.in BSE: 543917 NSE: SIGMA
About

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

Key Points

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, company 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. Company has its offices at Florida (USA), Atlanta (Home Office), Australia (Home Office), and Ahmedabad

Website BSE NSE
  • Market Cap ₹ 510 Cr.
  • Current Price ₹ 49.6
  • High / Low ₹ 65.5 / 21.0
  • Stock P/E 20.1
  • Book Value ₹ 6.04
  • Dividend Yield 0.10 %
  • ROCE 58.8 %
  • ROE 47.6 %
  • Face Value ₹ 1.00
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Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 68.0% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 43.6%

Cons

  • Stock is trading at 7.97 times its book value
  • Debtor days have increased from 72.6 to 100 days.
  • Working capital days have increased from 38.1 days to 78.1 days

* 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
14.54 13.68 16.29 16.30 16.24 16.22 16.00 17.05 19.58 23.54 20.66 25.59 24.73
9.55 6.36 10.52 10.49 10.32 10.26 11.26 11.77 13.58 13.81 15.69 17.96 16.89
Operating Profit 4.99 7.32 5.77 5.81 5.92 5.96 4.74 5.28 6.00 9.73 4.97 7.63 7.84
OPM % 34.32% 53.51% 35.42% 35.64% 36.45% 36.74% 29.62% 30.97% 30.64% 41.33% 24.06% 29.82% 31.70%
0.53 0.65 1.20 1.24 0.41 0.31 0.75 0.59 0.19 -0.13 2.14 1.57 1.67
Interest 0.01 0.00 0.01 0.11 0.10 0.10 0.09 0.17 0.08 0.07 0.07 0.18 0.06
Depreciation -0.04 0.25 0.12 0.32 0.32 0.33 0.26 0.25 0.27 0.27 0.21 0.22 0.24
Profit before tax 5.55 7.72 6.84 6.62 5.91 5.84 5.14 5.45 5.84 9.26 6.83 8.80 9.21
Tax % 34.95% 12.69% 21.78% 38.52% 22.50% 9.08% 23.54% 24.59% 27.74% 26.35% 24.01% 24.43% 27.14%
3.62 6.73 5.35 4.07 4.59 5.32 3.93 4.11 4.23 6.82 5.19 6.66 6.71
EPS in Rs 0.24 0.40 0.35 0.26 0.45 0.52 0.38 0.40 0.41 0.66 0.50 0.65 0.65
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
10 21 41 55 65 76 95
9 14 26 33 42 50 64
Operating Profit 2 7 15 22 23 26 30
OPM % 18% 35% 37% 40% 35% 34% 32%
1 0 1 1 4 1 5
Interest 0 0 0 0 0 0 0
Depreciation 0 0 0 0 1 1 1
Profit before tax 2 7 16 23 25 26 34
Tax % 10% 29% 12% 35% 23% 26%
2 5 14 15 19 19 25
EPS in Rs 0.20 0.30 0.87 0.96 1.57 1.86 2.46
Dividend Payout % 0% 7% 2% 5% 3% 3%
Compounded Sales Growth
10 Years: %
5 Years: 49%
3 Years: 23%
TTM: 37%
Compounded Profit Growth
10 Years: %
5 Years: 68%
3 Years: 29%
TTM: 44%
Stock Price CAGR
10 Years: %
5 Years: 93%
3 Years: 30%
1 Year: 54%
Return on Equity
10 Years: %
5 Years: 42%
3 Years: 44%
Last Year: 48%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 3 4 4 10 10 10 10
Reserves 3 15 19 24 20 39 52
3 1 0 4 5 4 3
5 1 13 25 5 8 12
Total Liabilities 14 22 37 63 40 62 77
0 1 1 1 8 7 7
CWIP 0 0 0 7 0 0 0
Investments 1 6 21 45 7 17 39
12 15 15 11 25 38 32
Total Assets 14 22 37 63 40 62 77

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-0 5 16 20 7 18
4 -5 -15 -30 36 -21
4 3 -1 3 -41 -2
Net Cash Flow 8 3 1 -7 3 -5

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 142 62 29 36 82 100
Inventory Days
Days Payable
Cash Conversion Cycle 142 62 29 36 82 100
Working Capital Days 3 43 9 -13 49 78
ROCE % 44% 58% 52% 53% 59%

Shareholding Pattern

Numbers in percentages

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
73.22% 73.22% 73.22% 73.22% 73.22% 73.22% 73.22% 73.22% 73.22% 73.22% 73.22% 73.22%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.03%
26.78% 26.79% 26.78% 26.78% 26.78% 26.78% 26.78% 26.79% 26.79% 26.78% 26.78% 26.75%
No. of Shareholders 2876,5489,57412,72615,39715,54715,22015,09314,83114,17113,15318,486

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Concalls

  • Feb 2024
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  • Dec 2023
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  • Aug 2023
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    AI Summary
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  • May 2023
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    AI Summary
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  • Dec 2022
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    AI Summary
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