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 ₹ 424 Cr.
- Current Price ₹ 413
- High / Low ₹ 579 / 200
- Stock P/E 25.9
- Book Value ₹ 41.1
- Dividend Yield 0.12 %
- ROCE 52.0 %
- ROE 34.6 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 38.4%
Cons
- Stock is trading at 10.0 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
Sector: IT - Software Industry: Computers - Software - Medium / Small
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|
| 10 | 21 | 41 | 55 | 62 | |
| 9 | 14 | 26 | 33 | 39 | |
| Operating Profit | 2 | 7 | 15 | 22 | 23 |
| OPM % | 18% | 35% | 37% | 40% | 38% |
| 1 | 0 | 1 | 1 | 5 | |
| Interest | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 1 |
| Profit before tax | 2 | 7 | 16 | 23 | 27 |
| Tax % | 10% | 29% | 12% | 35% | |
| 2 | 5 | 14 | 15 | 18 | |
| EPS in Rs | 1.96 | 3.03 | 8.70 | 9.63 | 15.92 |
| Dividend Payout % | 0% | 7% | 2% | 5% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 74% |
| TTM: | 35% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 91% |
| TTM: | 12% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 182% |
| 1 Year: | 96% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 38% |
| Last Year: | 35% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|
| Equity Capital | 3 | 4 | 4 | 10 | 10 |
| Reserves | 3 | 10 | 19 | 24 | 32 |
| 3 | 1 | 0 | 4 | 6 | |
| 5 | 7 | 13 | 25 | 27 | |
| Total Liabilities | 14 | 22 | 37 | 63 | 75 |
| 0 | 1 | 1 | 1 | 8 | |
| CWIP | 0 | 0 | 0 | 7 | 0 |
| Investments | 1 | 6 | 21 | 45 | 48 |
| 12 | 15 | 15 | 11 | 19 | |
| Total Assets | 14 | 22 | 37 | 63 | 75 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| -0 | 5 | 16 | 20 | |
| 4 | -5 | -15 | -30 | |
| 4 | 3 | -1 | 3 | |
| Net Cash Flow | 8 | 3 | 1 | -7 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| Debtor Days | 142 | 62 | 29 | 36 |
| Inventory Days | ||||
| Days Payable | ||||
| Cash Conversion Cycle | 142 | 62 | 29 | 36 |
| Working Capital Days | 95 | 47 | 13 | -7 |
| ROCE % | 53% | 64% | 52% |
Documents
Announcements
- Board Meeting Intimation for Sigma Solve Limited Announce Board Meeting As On 01St May, 2024 2d
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Sponsorship Of Golf Event
22 Apr - Wholly Owned Subsidiary i.e. Sigma Solve Inc. has become a Proud Sponsor of Post and Pray Golf Tournament at Broker Carrier Summit. Details are enclosed
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Intimation Of Incorporation Of Subsidiary Company
16 Apr - Company has incorporated a new subsidiary with the name Rish Info Logistics Private Limited on 16th April, 2024 with 70% stake in the said Company. …
- Compliances- Complaince Certificate Under Reg.7(3) Of SEBI(LODR)Reg.2015 For The Year Ended March 31, 2024 12 Apr
- Certificate Pursuant To Reg. 40(9) Of SEBI (LODR) Regulations, 2015 For The Year Ended 31St March, 2024 11 Apr
Annual reports
Concalls
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Feb 2024Transcript PPT
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Dec 2023Transcript PPT
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Aug 2023TranscriptNotesPPT
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