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Sigma Solve Limited

Sigma Solve Limited

NSE: SIGMA
Information Technology ServicesTechnologySMALL CAPMCap ₹454.0 Cr
₹44.17₹-0.31 (-0.70%)

Market Closed • NSE

Market cap₹454.0 Cr
Enterprise value₹450.2 Cr
P/E TTM18.03
P/B5.91
EPS TTM₹2.45
ROCE48.30%
D/E2.61
Dividend yield0.01%
Face value₹1.00
52W high₹64.20
52W low₹35.46
Price chart(1Y)
1Y Return:+9.96% (+₹4.00)
H: ₹57.2L: ₹36.12
1W+0.78%
1M-1.78%
3M+17.22%
6M-4.04%
1Y-15.06%
Today at a glance

Day range

₹43.52₹46.00

52 week range

₹35.46₹64.20
Volume72.3K0.81x 20D avg
Free float50.00%-18.70% volume

Sigma Solve Limited closed at INR44.17 (-0.7%) on volume 0.81x its 20-day average, trading 31.2% below its 52-week high.

Technical analysis
RSI (14)44.5Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹2.34High
SMA 20₹45.14BEARISH
SMA 50₹46.49BEARISH
SMA 100₹42.87BULLISH
SMA 200₹44.72BEARISH
CPR bottom₹45.46
Pivot₹45.13
CPR top₹44.81
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved +160% QoQ

2026-09-16

DIVIDEND Announced

Dividend - Re 0.50 Per Share

2025-10-06

DIVIDEND Announced

Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹2.0 Cr₹454.0 Cr0.44%≤ 33%PASS
Non-halal income ratio–₹95.6 Cr0.00%≤ 5%PASS
Illiquid assets ratio₹80.6 Cr₹89.2 Cr90.29%≥ 20%PASS
Receivables ratio–₹89.2 Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E18.0322.80
Forward P/E——
P/B5.913.70
EV/EBITDA—18.00
PEG—2.10
Earnings yield5.504.40
Growth & profitability
RevenuePAT
FY24PAT margin 24.80%
FY25PAT margin 25.10%
FY26PAT margin 25.00%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+8.00%
Revenue CAGR 5Y+8.00%
PAT CAGR 3Y+7.90%
PAT CAGR 5Y+8.20%
Operating margin32.77%
Net margin31.92%
Financial health & cash flow
Net debt–Moderate
Interest coverage76.00xEBIT / interest
CFO / PAT1.16x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹30.5 Cr
Capital expenditure–
Free cash flow₹30.3 Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall58/100
Valuation60/100
Profitability80/100
Financial health35/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Strong Capital Efficiency: ROCE stands at 48.3%

High Cash Flow Conversion: CFO/PAT averaged 1.16x over last 3 years

Attractive Valuation: P/E of 18.0x trades below sector historical averages

Risks

Elevated Leverage Burden: Debt-to-Equity stands at 2.61x

Bull case

Market Leadership: Established operational scale in Information Technology Services.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

80%53%27%0%Sept 2024Dec 2024Dec 2025
0.03%Institutional holding
—Public holding
3Periods available
0.00%Promoter pledged
18.75KShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
16 Sept 2026Dividend₹0.50 / share—16 Sept 2026
06 Oct 2025Dividend₹10.00 / share—06 Oct 2025
10 Sept 2025Dividend₹0.50 / share—10 Sept 2025
—Dividend₹0.50 / share—13 Aug 2024
22 Sept 2023Dividend₹0.50 / share—22 Sept 2023
—Annual General MeetingAnnual General Meeting—22 Sept 2023
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)56.05%-6.14% latest vs average
Highest delivery76.23%on 21 Sept
Average volume (20D)94.6KTrading-session average
Conviction trendWeakening-6.14% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Tata Consultancy Services Limited
Tata Consultancy Services LimitedTCS
Open analysis
₹7.80L15.662.31%₹72,275.00₹13,420.00+13.93%+4.69%
Infosys Limited
Infosys LimitedINFY
Open analysis
₹4.15L13.945.02%₹48,211.00₹7,775.00+14.03%+12.29%
HCL Technologies Limited
HCL Technologies LimitedHCLTECH
Open analysis
₹3.29L18.935.10%₹34,579.00₹4,626.00+13.94%+20.34%
Wipro Limited
Wipro LimitedWIPRO
Open analysis
₹1.61L12.915.05%₹24,236.30₹3,501.80+7.70%-1.90%
Tech Mahindra Limited
Tech Mahindra LimitedTECHM
Open analysis
₹1.34L26.183.41%₹15,712.00₹1,486.00+17.68%+31.62%
LTM Limited
LTM LimitedLTM
Open analysis
₹1.21L23.091.92%₹11,608.00₹1,469.00+17.96%+17.05%
LG ELECTRONICS INDIA LTD
LG ELECTRONICS INDIA LTDLGEINDIA
Open analysis
₹1.19L65.340.00%₹7,233.35₹652.86——
One97 Communications Limited
One97 Communications LimitedPAYTM
Open analysis
₹1.05L163.440.00%₹2,264.00₹184.00+18.41%+134.07%
About Sigma Solve Limited
Sigma Solve Limited

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

IndiaTechnology

Questions investors ask
Is Sigma Solve Limited Shariah compliant?

Sigma Solve Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (0.44%) complies with AAOIFI threshold (≤ 33%).

What is Sigma Solve Limited's current valuation relative to peers?

Sigma Solve Limited trades at a P/E of 18.0x compared to the sector median of 22.8x, and a Price-to-Book of 5.9x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 2.61x. Interest coverage is 76x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 8% while net profit growth averaged 8.2%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-09. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.