Fin Cascade

Prices as of 8 Oct 2026 close · Not investment advice

Sigma Solve Limited

NSE: SIGMAIT Enabled Services

Share price

₹44.48

-2.69% close of 8 Oct 2026

Market cap ₹445 CrP/E 13.9

Business score

How strong the business is, in one number. The parts behind it are in Pro.

76

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹445 Cr

P/E ratio

13.9

P/B ratio

5.9

ROCE

47.7%

ROE

36.9%

Dividend yield

1.1%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹63.0252-week low ₹36.33

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 21.2% over the past year, and 17.4% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 42.4% to 31.7% over the last three years.

Whether it grew faster than its sector

It grew 17.4% a year against a sector median of 14.5% — 2.9 percentage points faster.

Room to re-rate, or risk of de-rating

For most of its recorded history its earnings were a fraction of today's, so its past price multiples are not a fair comparison.

Whether growth justifies the valuation

Priced at 0.5 times its growth rate, on earnings growth of 26%.

Profit growthPrice per ₹1 profitPer 1% growth
Sigma Solve Limited — this one26%/yr13.9×₹0.53
L&T Technology Services Limited6%/yr24.8×₹4.1
Inventurus Knowledge Solutions Limited30%/yr39.0×₹1.3
Tata Technologies Limited-1%/yr43.1×—
Netweb Technologies India Limited64%/yr99.7×₹1.6
SAGILITY LIMITED86%/yr19.7×₹0.23

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (IT Enabled Services), it ranks 1 of 58 on returns, 21 of 54 on growth, 5 of 58 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A wide advantage: it earns 47.7% on capital, ahead of 98% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹90 crore of cash from the business, spent ₹8 crore on plant and equipment, and returned ₹44 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 7 years, about 94 arrived as cash. Its cash comes back more slowly than it used to: it went from being waiting 9 days for its cash to waiting 63 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

8 of 8 checks clear · 100%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 31 Jul 2026 · Consolidated

Revenue

₹23 Cr

Revenue vs last year

+11.5%

Revenue vs last quarter

-6.5%

Net profit

₹13 Cr

Profit vs last year

+142.3%

Profit vs last quarter

+134.2%

Net margin

54.6%

EPS

₹1.22

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹445 Cr
Prev close
₹44.48
52w High
₹64.2
52w Low
₹35.5
Enterprise value
₹438 Cr
Beta
1.2
Price CAGR 1y
-14.0%
Price CAGR 3y
1.0%
Price CAGR 5y
31.0%
Price CAGR 10y
—

Ratios

Return on assets
27.0%
PEG ratio
0.6
P/E ratio
13.9
P/B ratio
5.9
EV / EBITDA
13.7
Industry P/E
26.3
ROCE
47.7%
ROCE 5y average
53.8%
ROE
36.9%
Debt / Equity
0.0
Interest coverage
—
Dividend yield
1.1%
ROE 3y average
42.0%
ROE last year
37.0%

Annual P&L

Annual revenue
₹96 Cr
Annual profit
₹24 Cr
Operating margin
30.0%
Net profit margin
25.0%
EBITDA margin
29.2%
Sales growth 3y
19.7%
Sales growth 5y
35.5%
Profit growth 3y
26.0%
Profit growth 5y
50.0%
EPS
₹2.3
Sales growth TTM
21.0%
Profit growth TTM
54.0%
Dividend payout
2.0%

Quarter P&L

Sales latest quarter
₹23 Cr
Profit latest quarter
₹13 Cr
YoY quarterly sales growth
11.5%
YoY quarterly profit growth
160.0%
OPM latest quarter
33.6%

Balance Sheet

Book Value
₹7.7
Face Value
₹1.0
Total debt
₹2 Cr
Total cash
₹9 Cr
Borrowings
₹2 Cr
Reserves / Equity
6.7

Cash Flow

Operating cash flow
₹30 Cr
Free cash flow
₹30 Cr
FCF yield
6.7%
Net cash flow
₹6 Cr

Shareholding

Promoter holding
73.2%
FII holding
0.0%
DII holding
0.0%
Public holding
26.8%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
L&T Technology3,210.2025.434,0561.78357.117.42,940.111.526.7
Inventurus Knowl1,772.6039.830,4290.00193.727.9893.620.731.5
Tata Technolog.702.0043.828,5051.19180.86.21,664.633.820.9
Netweb Technol.4,706.65107.327,9800.0685.3179.9819.7172.137.5
Sagility43.8819.920,5420.35216.853.01,963.527.613.4
Affle 3i1,411.8041.719,8940.00128.421.7747.220.416.8
ESDS Software1,424.00135.316,6910.0029.314.0133.77.330.2
Sigma Solve44.6814.74591.1012.6142.923.011.547.7
Median227.8026.98540.008.820.8110.920.716.4

Competes with: Affle 3i Limited, Amagi Media Labs Limited, Black Box Limited, Cyient Limited, ESDS Software Solution Limited, Inventurus Knowledge Solutions Limited, L&T Technology Services Limited, Netweb Technologies India Limited, SAGILITY LIMITED, Tata Technologies Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales16161616161720242126252523
Expenses11101010111214141618171715
Material Cost4.184.873.57
Change in Inventories000
Purchases of Stock-in-Trade000
Employee Cost8.778.899.34
Other Expenses3.943.092.38
Operating Profit66665561058888
OPM %35363637303131412430323234
Other Income1100110-0222-19
Exceptional items (within Other Income)000
Interest0000000000000
Depreciation0000000000000
Profit before tax77665569799716
Tax %2239229242528262424272124
Net Profit54554447577513
EPS in Rs0.350.260.450.520.380.400.410.660.500.650.650.521.22
Diluted EPS in Rs0.650.521.22

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1021415665769698
Expenses914263342506767
Material Cost14
Change in Inventories0
Purchases of Stock-in-Trade0
Employee Cost39
Other Expenses14
Operating Profit27152323262831
OPM %1835374135343032
Other Income101141411
Exceptional items (within Other Income)0
Interest000000.410.360
Depreciation00001.091.050.881
Profit before tax27162425263241
Tax %10291222232624
Net Profit25141819192431
EPS in Rs0.200.300.871.141.571.862.323.04
Diluted EPS in Rs2.32
Dividend Payout %0724332

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
—
5 years
36%
3 years
20%
TTM
21%

Compounded profit growth

10 years
—
5 years
50%
3 years
26%
TTM
54%

Stock price CAGR

10 years
—
5 years
31%
3 years
1%
1 year
-14%

Return on equity

10 years
—
5 years
41%
3 years
42%
Last year
37%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital34410101010
Reserves3151926203967
Borrowings3104542
Other Liabilities5113245810
Minority Interest0.03
Total Liabilities14223764406289
Fixed Assets0111876
CWIP0007000
Investments16214471739
Other Assets12151513253844
Total Assets14223764406289

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-05162071730
Cash from Investing Activity4-5-15-3136-20-22
Cash from Financing Activity43-13-41-2-3
Net Cash Flow831-73-56
Free Cash Flow05161361730

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days1426229358210070
Inventory Days0
Cash Conversion Cycle1426229358210070
Working Capital Days3439-13497863
ROCE %445852525948

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters737373737373737373737373
FIIs0000000000.0300
DIIs000000000000.02
Public272727272727272727272727
No. of Shareholders9,57412,72615,39715,54715,22015,09314,83114,17113,15318,48618,75018,679

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -14.5% (₹52.00 → ₹44.48)Brick size ₹2.38 (fixed)Bricks 30
₹40.00₹50.00₹60.00₹44.48Nov '25Feb '26May '26Aug '26
Price moved up one brickPrice moved down one brickLast close ₹44.48 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

-6.72inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

News

News and filings about Sigma Solve Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Information Technology
Industry
IT Enabled Services
Classification
Information Technology › IT Enabled Services
ISIN
INE0A0S01028

News impact

Big market events that reach Sigma Solve Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

16 Sep 2026unspecified₹0.5
6 Oct 2025split₹0
10 Sep 2025unspecified₹0.5
13 Aug 2024unspecified₹0.5
22 Sep 2023unspecified₹0.5

Splits, bonuses & buybacks

  • daily-prices repair: 47 rows from NSE's archive (replace 41, delete 1, insert 5), 2020-11-18..2026-02-01 (docs/flat_day_repair.md)1× · 18 Nov 2020

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.