Price
Financials
Consolidated, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 16 | 16 | 16 | 16 | 17 | 20 | 24 | 21 | 26 | 25 | 25 | 23 |
| Expenses | 10 | 10 | 10 | 11 | 12 | 14 | 14 | 16 | 18 | 17 | 17 | 15 |
| Operating Profit | 6 | 6 | 6 | 5 | 5 | 6 | 10 | 5 | 8 | 8 | 8 | 8 |
| OPM % | 36% | 36% | 37% | 30% | 31% | 31% | 41% | 24% | 30% | 32% | 32% | 34% |
| Other Income | 1 | 0 | 0 | 1 | 1 | 0 | -0 | 2 | 2 | 2 | -1 | 9 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 7 | 6 | 6 | 5 | 5 | 6 | 9 | 7 | 9 | 9 | 7 | 16 |
| Tax % | 39% | 22% | 9% | 24% | 25% | 28% | 26% | 24% | 24% | 27% | 21% | 24% |
| Net Profit | 4 | 5 | 5 | 4 | 4 | 4 | 7 | 5 | 7 | 7 | 5 | 13 |
| EPS in Rs | 0.26 | 0.45 | 0.52 | 0.38 | 0.40 | 0.41 | 0.66 | 0.50 | 0.65 | 0.65 | 0.52 | 1.22 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales | 10 | 21 | 41 | 56 | 65 | 76 | 96 | 98 |
| Expenses | 9 | 14 | 26 | 33 | 42 | 50 | 67 | 67 |
| Operating Profit | 2 | 7 | 15 | 23 | 23 | 26 | 28 | 31 |
| OPM % | 18% | 35% | 37% | 41% | 35% | 34% | 30% | 32% |
| Other Income | 1 | 0 | 1 | 1 | 4 | 1 | 5 | 11 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 |
| Profit before tax | 2 | 7 | 16 | 24 | 25 | 26 | 32 | 41 |
| Tax % | 10% | 29% | 12% | 22% | 23% | 26% | 24% | |
| Net Profit | 2 | 5 | 14 | 18 | 19 | 19 | 24 | 31 |
| EPS in Rs | 0.20 | 0.30 | 0.87 | 1.14 | 1.57 | 1.86 | 2.32 | 3.04 |
| Dividend Payout % | 0% | 7% | 2% | 4% | 3% | 3% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 35% | 20% | 21% | ||
| Compounded Profit Growth | % | 51% | 27% | 54% | ||
| Stock Price CAGR | % | 28% | -2% | -12% | ||
| Return on Equity | % | 42% | 42% | 38% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 4 | 4 | 10 | 10 | 10 | 10 |
| Reserves | 3 | 15 | 19 | 26 | 20 | 39 | 67 |
| Borrowings | 3 | 1 | 0 | 4 | 5 | 4 | 2 |
| Other Liabilities | 5 | 1 | 13 | 24 | 5 | 8 | 10 |
| Total Liabilities | 14 | 22 | 37 | 64 | 40 | 62 | 89 |
| Fixed Assets | 0 | 1 | 1 | 1 | 8 | 7 | 6 |
| CWIP | 0 | 0 | 0 | 7 | 0 | 0 | 0 |
| Investments | 1 | 6 | 21 | 44 | 7 | 17 | 39 |
| Other Assets | 12 | 15 | 15 | 13 | 25 | 38 | 44 |
| Total Assets | 14 | 22 | 37 | 64 | 40 | 62 | 89 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -0 | 5 | 16 | 20 | 7 | 18 | 30 |
| Cash from Investing Activity | 4 | -5 | -15 | -31 | 36 | -21 | -22 |
| Cash from Financing Activity | 4 | 3 | -1 | 3 | -41 | -2 | -3 |
| Net Cash Flow | 8 | 3 | 1 | -7 | 3 | -5 | 6 |
| Free Cash Flow | 0 | 5 | 16 | 13 | 6 | 18 | 30 |
| CFO/OP | -11% | 101% | 123% | 105% | 73% | 84% | 131% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 142 | 62 | 29 | 35 | 82 | 100 | 70 |
| Inventory Days | 0 | ||||||
| Days Payable | |||||||
| Cash Conversion Cycle | 142 | 62 | 29 | 35 | 82 | 100 | 70 |
| Working Capital Days | 3 | 43 | 9 | -13 | 49 | 78 | 69 |
| ROCE % | 44% | 58% | 52% | 52% | 59% | 48% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 73.22% | 73.22% | 73.22% | 73.22% | 73.22% | 73.22% | 73.22% | 73.22% | 73.22% | 73.22% | 73.21% | 73.21% |
| FIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.00% | 0.00% |
| DIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% |
| Public | 26.78% | 26.78% | 26.78% | 26.78% | 26.78% | 26.79% | 26.79% | 26.78% | 26.78% | 26.75% | 26.78% | 26.75% |
| No. of Shareholders | 9,574 | 12,726 | 15,397 | 15,547 | 15,220 | 15,093 | 14,831 | 14,171 | 13,153 | 18,486 | 18,750 | 18,679 |
Fundamentals
Market Cap₹ 452 Cr.
Current Price₹ 43.9
Stock P/E14.4
Book Value₹ 7.50
ROCE48.3 %
ROE37.8 %
Dividend Yield1.14 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)21%
Compounded Profit Growth (TTM)54%
Consolidated figures.
Valuation
Market capRs 463 Cr
Enterprise valueRs 462 Cr
P/E (TTM)14.78x
Price to book12.74x
Price to sales4.72x
EV / EBITDA10.89x
EV / EBIT11.11x
EV / sales4.71x
Price to cash flow22.83x
Earnings yield6.76%
Dividend yield0.11%
P/E, 3-year average0.98x
P/B, 3-year average0.33x
Profitability
Operating margin (excl. other income)40.54%
Operating margin (incl. other income)43.11%
EBITDA margin43.30%
Pre-tax margin42.10%
Net profit margin31.93%
Net margin, latest quarter54.62%
ROE39.73%
ROCE74.57%
ROA23.40%
ROE, 3-year average35.63%
ROCE, 3-year average66.18%
ROA, 3-year average23.97%
ROIC (approx.)90.58%
Tax rate22.38%
Other income / net worth3.94%
Growth
Sales growth (latest year)35.90%
Profit growth (latest year)31.36%
Sales CAGR, 3 years74.83%
Profit CAGR, 3 years100.06%
Sales growth QoQ-6.53%
Profit growth QoQ134.26%
Sales growth YoY (latest quarter)11.47%
Profit growth YoY (latest quarter)142.86%
Per share
EPS (TTM)Rs 3.04
EPS (latest year)Rs 11.45
EPS (latest quarter)Rs 1.22
EPS, 3-year averageRs 13.61
Book value per shareRs 3.53
Sales per shareRs 9.51
Cash flow per shareRs 1.97
Free cash flow per shareRs 2.91
Dividend per share (latest year)Rs 0.50
Dividend per share, 3-year averageRs 0.51
Dividends
Dividend payout4.33%
Dividend payout, 3-year average4.47%
Efficiency
Asset turnover0.87x
Fixed asset turnover62.04x
Debtor days35 days
Debtors turnover10.30x
Cash conversion cycle70 days
Working capital days69 days
Leverage
Total debtRs 4 Cr
Cash and bankRs 5 Cr
Net debtRs -1 Cr
Debt to equity0.11x
Net debt / EBITDA-0.02x
Interest coverage126.00x
Owners' fund to total sources56.74%
Debt to assets6.05%
Cash flow
Cash from Operating Activity (latest year)Rs 20 Cr
Cash from Investing Activity (latest year)Rs -31 Cr
Cash from Financing Activity (latest year)Rs 3 Cr
Net Cash Flow (latest year)Rs -7 Cr
Free cash flow (latest year)Rs 30 Cr
FCFE (approx.: FCF + change in debt)Rs 33 Cr
Cash from ops / profit, 5 years0.97x
Sales to cash flow2.76x
Statement figures
Net sales (TTM)Rs 98 Cr
Net sales (latest year)Rs 56 Cr
Sales (latest quarter)Rs 23 Cr
Operating profit excl. other income (latest year)Rs 23 Cr
Operating profit (latest quarter)Rs 8 Cr
Other income (TTM)Rs 11 Cr
EBITDA (TTM)Rs 42 Cr
PBDT (TTM)Rs 42 Cr
Profit before tax (TTM)Rs 41 Cr
Tax (latest year)Rs 5 Cr
Net profit (TTM)Rs 31 Cr
Net profit (latest year)Rs 12 Cr
Net profit (latest quarter)Rs 13 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 8 Cr
Total expenditure (latest year)Rs 33 Cr
Total income (latest year)Rs 57 Cr
Share capitalRs 10 Cr
ReservesRs 26 Cr
Shareholders' fundsRs 36 Cr
Total assetsRs 64 Cr
Net blockRs 1 Cr
Capital work in progressRs 7 Cr
InvestmentsRs 44 Cr
ReceivablesRs 5 Cr
Other liabilitiesRs 24 Cr
Shares outstanding (crore)10.30
Ownership
Promoter holding73.21% (-0.01 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 14.8 is at the 7th percentile of its own 3.4-year range
(median 28.1, low 14.2, high 357.8).
P/B 12.74 is at the 5th percentile (median 20.25).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | SIGMA | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +0.9% | -2.8% | +3.6 pts |
| 1 month | -5.0% | -6.8% | +1.8 pts |
| 3 months | +17.2% | -7.6% | +24.8 pts |
| 6 months | +23.6% | +0.4% | +23.2 pts |
| 1 year | -6.0% | -9.9% | +3.9 pts |
| 2 years | +16.8% | -13.6% | +30.3 pts |
| 3 years | -4.8% | +14.2% | -18.9 pts |
| 5 years | +38.9% | +27.9% | +11.0 pts |
Red flags
F-score 5 of 8| explain | Share dilution Share count up 0% in a year, 37% in three |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹23 Cr +9.5% vs Jun 2025.
Net profit ₹13 Cr +160.0%.
Against our estimate for Jun 2026: sales -4.4%, profit +113.0% big beat. Our estimate for Sep 2026: sales Rs 28 Cr, profit Rs 8 Cr (how).
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| L&T Technology Services Ltd | 32,692 | 24.3 | 26.7 % |
| Inventurus Knowledge Solutions Ltd | 30,546 | 40.0 | 31.5 % |
| Tata Technologies Ltd | 27,886 | 42.8 | 20.9 % |
| Netweb Technologies India Ltd | 27,423 | 105 | 37.5 % |
| Affle 3i Ltd | 21,151 | 44.3 | 16.8 % |
| Sagility Ltd | 19,914 | 19.4 | 13.4 % |
| ESDS Software Solution Ltd | 18,624 | 151 | 30.2 % |
| Black Box Ltd | 14,435 | 50.5 | 21.6 % |
| E2E Networks Ltd | 13,399 | 430 | -0.51 % |
| Amagi Media Labs Ltd | 12,412 | 122 | 8.02 % |
| Cyient Ltd | 11,730 | 28.8 | 12.3 % |
| eMudhra Ltd | 5,189 | 45.1 | 15.7 % |
| Datamatics Global Services Ltd | 4,855 | 19.1 | 20.4 % |
| R Systems International Ltd | 3,509 | 16.7 | 19.5 % |
| BLS E-Services Ltd | 2,922 | 50.3 | 16.4 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2026-09-16 | Dividend - Re 0.50 Per Share | |
| 2025-10-06 | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share | 0.1000 |
| 2025-09-10 | Dividend - Re 0.50 Per Share | |
| 2024-08-13 | Annual General Meeting/Dividend - Re 0.50 Per Share | |
| 2023-09-22 | Dividend - Rs 0.50 Per Share | |
| 2023-09-22 | Annual General Meeting |
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Sigma Solve Ltd?
Sigma Solve Ltd (SIGMA) has a market capitalisation of Rs 452 Cr. at the 2026-10-01 close.
What is the P/E ratio of Sigma Solve Ltd?
Sigma Solve Ltd trades at a P/E of 14.4 on trailing twelve-month profit, at the 2026-10-01 close.
What were Sigma Solve Ltd's latest quarterly results?
In the Jun 2026 quarter, Sigma Solve Ltd sales was Rs 23 Cr (+9.5% vs Jun 2025) and net profit was Rs 13 Cr.
What is the 52-week high and low of Sigma Solve Ltd?
The 52-week high is Rs 65.50 and the 52-week low is Rs 35.46.