Sigma Advanced System Ltd

Sigma Advanced System Ltd

₹ 416 -2.42%
02 Jun - close price
About

Incorporated in 1999, Sigma Advanced Systems is a Hyderabad-based aerospace and defense manufacturing company[1]

Key Points

Business Overview:[1]
MSL is focused on Pharma, Aerospace and Defense Electronics areas, is in the process of acquiring a few companies, and intend to provide centralized corporate, technology, finance, leadership /management support services to such subsidiaries /associate companies

  • Market Cap 7,335 Cr.
  • Current Price 416
  • High / Low 446 / 79.5
  • Stock P/E 36.6
  • Book Value 26.9
  • Dividend Yield 0.00 %
  • ROCE 54.5 %
  • ROE 58.5 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company has delivered good profit growth of 170% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 28.9%
  • Promoter holding has increased by 36.2% over last quarter.

Cons

  • Stock is trading at 15.5 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Tax rate seems low
  • Earnings include an other income of Rs.229 Cr.
  • Company has high debtors of 330 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
0 0 0 0 0 0 0 19 57 0 18 29 106
3 3 2 2 1 2 2 19 40 16 17 24 77
Operating Profit -3 -3 -2 -2 -1 -2 -2 -0 17 -16 1 4 29
OPM % -2% 30% 6% 14% 27%
11 11 11 8 8 8 9 13 12 188 4 13 25
Interest 4 4 4 4 5 4 4 5 5 3 0 2 4
Depreciation 1 1 1 1 1 1 1 1 1 1 1 1 1
Profit before tax 3 4 4 0 0 1 1 6 23 167 4 14 48
Tax % 0% 15% 2% 0% 0% 0% 0% 22% 22% 19% 0% 4% 4%
3 3 3 0 0 1 1 5 18 136 4 13 47
EPS in Rs 0.44 0.44 0.46 0.06 0.06 0.07 0.12 0.68 2.40 18.50 0.48 1.76 2.65
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 15m Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
51 29 31 29 24 20 16 14 2 0 0 158
45 26 35 31 28 19 16 33 20 9 10 139
Operating Profit 6 3 -4 -3 -5 1 1 -18 -18 -9 -10 19
OPM % 11% 11% -14% -9% -20% 6% 4% -131% -898% 14% 12%
1 1 8 1 10 6 7 30 43 37 41 229
Interest 3 2 2 3 4 4 3 2 11 17 18 10
Depreciation 3 1 1 1 1 3 3 3 3 3 4 4
Profit before tax 0 1 1 -6 1 1 1 6 11 8 8 234
Tax % -425% 53% -84% -11% 46% -8% -1% 10% 0% 8% 0% 14%
1 0 1 -5 0 1 1 6 11 8 8 201
EPS in Rs 0.08 0.06 0.15 -0.67 0.06 0.08 0.19 0.76 1.56 1.02 1.15 11.38
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 18%
5 Years: 57%
3 Years: 331%
TTM: %
Compounded Profit Growth
10 Years: 84%
5 Years: 170%
3 Years: 168%
TTM: 2266%
Stock Price CAGR
10 Years: 47%
5 Years: 109%
3 Years: 132%
1 Year: 405%
Return on Equity
10 Years: 12%
5 Years: 21%
3 Years: 29%
Last Year: 58%

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 44 44 44 44 44 44 44 74 74 74 74 176
Reserves 130 101 102 97 103 104 105 111 122 130 138 298
17 17 16 17 12 9 6 29 146 147 139 71
18 20 66 94 127 133 123 43 38 38 82 81
Total Liabilities 210 182 228 253 287 291 278 256 380 389 433 626
47 61 55 13 105 135 138 185 179 187 200 28
CWIP 0 0 0 58 31 0 0 0 0 0 0 0
Investments 69 56 56 56 34 34 34 7 136 136 136 10
94 65 117 126 117 122 107 65 64 66 97 589
Total Assets 210 182 228 253 287 291 278 256 380 389 433 626

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
1 6 3 18 48 7 11 23 13 23 37 -135
-1 -3 -2 -16 -39 -1 -1 -42 -147 10 -19 227
-3 -2 -2 -2 -9 -7 -10 51 103 -17 -26 -90
Net Cash Flow -3 0 -2 -0 1 -1 0 32 -30 15 -8 2
Free Cash Flow -0 -8 0 2 10 7 10 23 17 11 20 219
CFO/OP 14% 197% -45% -670% -1,040% 621% 1,574% -128% -73% -253% -366% -664%

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 437 409 424 610 590 800 626 232 0 330
Inventory Days 57
Days Payable 185
Cash Conversion Cycle 437 409 424 610 590 800 626 232 0 202
Working Capital Days 416 347 511 -532 -1,179 -1,269 -1,487 138 4,964 291
ROCE % 2% 2% -3% -1% 3% 3% 3% 3% 8% 7% 8% 54%

Insights

In beta
Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Nov 2023 Mar 2025
Geographic Revenue Share - APAC/India/EMEA
%

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Geographic Revenue Share - LATAM
%
Geographic Revenue Share - USA & Canada
%
Patents Awarded
Number
Patents Filed
Number
Leasable Property Area (IT Park)
Million Sq. Ft.

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
43.77% 43.77% 43.77% 43.54% 42.77% 35.07% 35.07% 35.07% 35.07% 35.07% 35.07% 71.22%
0.00% 0.00% 0.00% 0.05% 0.07% 0.14% 0.14% 0.13% 0.19% 0.51% 0.23% 0.07%
0.00% 0.00% 0.12% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
56.24% 56.23% 56.11% 56.40% 57.16% 64.79% 64.79% 64.78% 64.73% 64.42% 64.69% 28.70%
No. of Shareholders 32,56233,29730,95033,63634,18036,03235,19934,56632,59132,80833,79833,623

* 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.

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