Sharescart Research Club logo

Sigma Solve Overview

Sigma Solve Ltd engages in the corporation software program improvement business in India. It offers turnkey consultancy services to clients in their commercial enterprise area. The corporation additionally offers services related to Web and e-commerce improvement, real time software development, commercial enterprise intelligence analytics, CRM improvement, virtual advertising and marketing, UI and UX design, and automation testing and great warranty. Sigma Solve Ltd was founded in 2010 and is based in Ahmedabad, India.

Want to Start Investing in Top Unlisted Stocks?

Our experts help you choose the right stocks based on performance, risk, and growth potential.

Sigma Solve Key Financials

Market Cap ₹479 Cr.

Stock P/E 25.1

P/B 7

Current Price ₹46.6

Book Value ₹ 6.7

Face Value 1

52W High ₹65.3

Dividend Yield 0.11%

52W Low ₹ 28.2

Sigma Solve Share Price

| |

Volume
Price

Sigma Solve Quarterly Price

Show Value Show %

Sigma Solve Peer Comparison

Sigma Solve Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 16 16 16 16 17 20 24 21 26 25
Other Income 1 1 0 1 1 0 -0 2 2 2
Total Income 18 17 17 17 18 20 23 23 27 26
Total Expenditure 10 11 10 11 12 14 14 16 18 17
Operating Profit 7 6 6 5 6 6 10 7 9 10
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 7 6 6 5 5 6 9 7 9 9
Provision for Tax 3 1 1 1 1 2 2 2 2 3
Profit After Tax 4 5 5 4 4 4 7 5 7 7
Adjustments -1 -0 0 0 0 0 -0 -0 -0 -0
Profit After Adjustments 3 5 5 4 4 4 7 5 7 7
Adjusted Earnings Per Share 0.3 0.4 0.5 0.4 0.4 0.4 0.7 0.5 0.1 0.7

Sigma Solve Profit & Loss

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 10 21 41 56 65 76 96
Other Income 1 0 1 1 4 1 6
Total Income 11 21 42 57 69 78 99
Total Expenditure 9 14 26 33 42 50 65
Operating Profit 2 8 16 24 27 27 36
Interest 0 0 0 0 0 0 0
Depreciation 0 0 0 0 1 1 0
Exceptional Income / Expenses 0 0 0 0 0 0 0
Profit Before Tax 2 7 16 24 25 26 34
Provision for Tax 0 2 2 5 6 7 9
Profit After Tax 2 5 14 18 19 19 26
Adjustments -0 -2 -5 -7 -3 0 0
Profit After Adjustments 2 3 9 12 16 19 26
Adjusted Earnings Per Share 0.2 0.3 0.9 1.1 1.6 1.9 2

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 17% 23% 50% 0%
Operating Profit CAGR 0% 19% 68% 0%
PAT CAGR 0% 11% 57% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 58% 24% 90% NA%
ROE Average 48% 56% 60% 56%
ROCE Average 59% 67% 65% 59%

Sigma Solve Balance Sheet

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 6 19 23 36 30 49
Minority's Interest 4 0 11 16 0 0
Borrowings 0 1 0 3 3 2
Other Non-Current Liabilities 0 -0 0 1 1 4
Total Current Liabilities 4 1 2 8 6 6
Total Liabilities 14 22 37 64 40 62
Fixed Assets 0 1 1 1 8 7
Other Non-Current Assets 0 5 21 51 9 20
Total Current Assets 13 16 15 12 23 35
Total Assets 14 22 37 64 40 62

Sigma Solve Cash Flow

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 8 11 12 5 7
Cash Flow from Operating Activities -0 5 16 20 7 18
Cash Flow from Investing Activities 4 -5 -15 -31 36 -21
Cash Flow from Financing Activities 4 3 -1 3 -41 -2
Net Cash Inflow / Outflow 8 3 1 -7 3 -5
Closing Cash & Cash Equivalent 8 11 12 5 7 2

Sigma Solve Ratios

# Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.2 0.3 0.87 1.14 1.57 1.86
CEPS(Rs) 0.28 0.54 1.4 1.83 1.99 1.96
DPS(Rs) 0 0 0.02 0.05 0.05 0.05
Book NAV/Share(Rs) 0.74 1.34 2.23 3.53 2.94 4.81
Core EBITDA Margin(%) 18.08 34.73 36.55 40.56 35.48 33.79
EBIT Margin(%) 21.2 34.84 39.29 42.43 39.24 34.26
Pre Tax Margin(%) 20.27 34.73 39.26 42.41 38.75 33.72
PAT Margin (%) 18.61 24.57 34.46 32.91 29.71 25.06
Cash Profit Margin (%) 20.46 26.08 35.02 33.59 31.39 26.44
ROA(%) 14.35 29.57 48.67 36.54 37.18 37.64
ROE(%) 34.92 53.8 77.18 62.03 58.09 47.93
ROCE(%) 26.15 50.63 73.38 74.58 67.85 59.21
Receivable days 141.81 66.17 30.42 28.31 56.16 85.14
Inventory Days 0 0 0 0 0 0
Payable days 0 0 0 0 0 0
PER(x) 0 5.8 26.15 16.52 22.65 12.98
Price/Book(x) 0 1.31 10.22 5.35 12.09 5.01
Dividend Yield(%) 0 0 0.09 0.26 0.14 0.21
EV/Net Sales(x) -0.19 0.39 5.42 3.47 5.58 3.16
EV/Core EBITDA(x) -0.82 1.08 13.61 8.05 13.64 8.87
Net Sales Growth(%) 0 102.51 94.26 35.89 16.5 17.09
EBIT Growth(%) 0 232.81 119.06 46.75 7.73 2.22
PAT Growth(%) 0 167.35 172.41 29.78 5.16 -1.23
EPS Growth(%) 0 51.1 187.38 31.3 37.16 18.29
Debt/Equity(x) 0.52 0.09 0.02 0.11 0.16 0.07
Current Ratio(x) 3.18 13.09 6.57 1.55 3.74 5.56
Quick Ratio(x) 3.18 13.09 6.57 1.55 3.74 5.56
Interest Cover(x) 22.81 300.84 1404.02 1742.21 80.73 64.05
Total Debt/Mcap(x) 0 0.07 0 0.02 0.01 0.01

Sigma Solve Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 73.22 73.22 73.22 73.22 73.22 73.22 73.22 73.22 73.22 73.22
FII 0 0 0 0 0 0 0 0 0.03 0
DII 0 0 0 0 0 0 0 0 0 0
Public 26.78 26.78 26.78 26.78 26.78 26.78 26.78 26.78 26.75 26.78
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Sigma Solve News

Sigma Solve Pros & Cons

Pros

  • Company has delivered good profit growth of 56% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 56%
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Stock is trading at 7 times its book value.
whatsapp