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 26.4
  • Book Value 26.6
  • Dividend Yield 0.00 %
  • ROCE 60.8 %
  • ROE 90.6 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 172% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 35.8%
  • Promoter holding has increased by 36.2% over last quarter.

Cons

  • Stock is trading at 15.7 times its book value
  • Earnings include an other income of Rs.285 Cr.
  • Company has high debtors of 270 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

Consolidated Figures in Rs. Crores / View Standalone

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 18 146 323
3 3 2 2 1 2 2 19 40 16 17 139 268
Operating Profit -3 -3 -2 -2 -1 -2 -2 -0 16 -16 1 7 55
OPM % -2% 29% 6% 5% 17%
11 11 11 8 8 8 9 13 13 187 4 5 89
Interest 4 4 4 4 5 4 4 5 5 3 0 5 11
Depreciation 1 1 1 1 1 1 1 1 1 1 1 6 7
Profit before tax 3 4 4 0 0 1 1 6 23 167 3 0 127
Tax % 0% 14% 2% 0% 0% 0% 0% 22% 22% 19% 0% 550% 1%
3 3 -3 -5 -8 -17 -14 7 9 136 4 -1 128
EPS in Rs 0.34 0.47 -0.44 -0.65 -1.10 -2.27 -1.93 0.99 1.17 18.47 0.57 -0.14 7.29
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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
98 63 67 66 62 57 59 52 2 0 0 492
73 47 62 57 60 51 55 71 20 9 10 444
Operating Profit 25 16 6 10 2 5 4 -18 -18 -9 -10 48
OPM % 25% 25% 8% 14% 3% 9% 7% -35% -898% 14% 10%
1 1 8 1 9 6 7 30 43 37 42 285
Interest 12 8 6 5 6 7 5 3 11 17 18 20
Depreciation 14 7 5 4 4 4 4 4 3 3 4 14
Profit before tax 0 2 2 1 1 1 2 5 11 8 8 299
Tax % -208% 26% -24% -55% 53% -6% 0% 12% 0% 8% 0% 11%
1 1 3 2 0 1 2 5 9 -13 -30 268
EPS in Rs 0.10 0.18 0.37 0.23 0.04 0.10 0.25 0.63 1.20 -1.73 -4.06 15.21
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 23%
5 Years: 53%
3 Years: 530%
TTM: %
Compounded Profit Growth
10 Years: 71%
5 Years: 172%
3 Years: 228%
TTM: 1026%
Stock Price CAGR
10 Years: 47%
5 Years: 109%
3 Years: 132%
1 Year: 405%
Return on Equity
10 Years: 14%
5 Years: 24%
3 Years: 36%
Last Year: 91%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 126 84 87 91 93 96 97 111 120 107 70 292
94 98 46 47 41 40 34 29 146 147 139 332
49 56 96 114 144 151 141 73 38 38 82 259
Total Liabilities 312 282 273 297 322 331 317 286 377 366 364 1,059
193 194 187 141 208 243 248 204 179 187 200 325
CWIP 0 0 0 58 31 0 0 0 0 0 0 9
Investments 12 0 0 0 0 0 0 0 133 112 67 10
108 88 86 98 83 89 69 82 65 66 97 714
Total Assets 312 282 273 297 322 331 317 286 377 366 364 1,059

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
-14 16 45 16 51 17 20 16 15 22 37 -225
-1 -12 9 -12 -38 -6 -3 -10 -133 10 -19 -6
9 -3 -58 -4 -11 -8 -16 22 85 -17 -26 242
Net Cash Flow -6 1 -4 0 2 3 1 28 -33 15 -8 11
Free Cash Flow -16 2 54 4 13 11 17 15 32 11 19 108
CFO/OP -59% 107% 809% 170% 2,622% 323% 483% -93% -106% -252% -352% -444%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 326 377 343 411 345 382 191 158 0 270
Inventory Days 382
Days Payable 381
Cash Conversion Cycle 326 377 343 411 345 382 191 158 0 271
Working Capital Days -138 -401 -259 -310 -555 -611 -581 -72 4,960 123
ROCE % 4% 4% 0% 3% 4% 4% 4% 2% 8% 8% 9% 61%

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. ・Standalone data

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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