SIGMAInformation Technology

Sigma Solve Limited

IT Enabled Services · ISIN INE0A0S01028 · BSE 543917 · NSE EQ · FV ₹1
Last price
₹46
+1.40%today
What this company does

Sigma Solve Limited operates in IT Enabled Services, part of the Information Technology sector. It booked ₹23 cr of revenue in its latest quarter (Q1 FY27) and kept 54.6% of sales as profit.

The Company is primarily engaged in eCommerce development, web and mobile app developmen t and cloud solutions f or various c ustomers a cross USA.
In the report:
81out of 100
Equitytale Health Score
Fortress

Healthier than 81% of companies in Information Technology, on the 5 of 6 measures we could read for it. Each measure is ranked against the 42–123 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
54

At close. Not part of the score.

Profitability & returns99

How much profit it earns on the money it employs · highest in its sector on what we could measure

Balance sheet86

How much it owes, and whether earnings cover the interest

Cash quality72

Whether reported profit actually arrives as cash

Valuation44

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Strong 55% net margin
Sales up 18% vs last year
Profit up 197% vs last year
Promoters hold 73%
No promoter shares pledged
Strong 65% return on equity
Virtually debt-free
Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in SIGMA?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 5% a year, it would become
₹15.50 lakh

The slider starts at 5%, taken from a generic assumption, not this company's history. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹46 +1.40%
latest close · 2026-09-17
52-wk low ₹3742 sessions so far52-wk high ₹57
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio9.5Low
LowAverageHigh
P/B ratio6.17High
Below bookModerateHigh
EV / EBITDA7.0Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity65.3%Strong
WeakFairStrong ▸15%
Return on capital79.7%Strong
WeakFairStrong
Net margin54.6%Strong
ThinDecentStrong
EBITDA margin72.5%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.03Comfortable
LowModerateHigh ▸1
Interest cover391.5×Strong
RiskyOkayStrong ▸5×
Current ratio5.24Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹475 cr
Book value
₹7
EPS
₹1.22
latest quarter
Net debt
₹-7 cr
more cash than debt
Enterprise value
₹469 cr
EBITDA
₹67 cr
annualised
EBIT
₹66 cr
annualised
Operating margin
71.7%
Return on assets
56.4%
Earnings yield
10.55%
P/S
5.16
Sales / share
₹9.0
Tax rate
23.7%
Face value
₹1
Shares
10.3 cr
Working capital
₹27 cr
Current assets
₹33 cr
Current liabilities
₹6 cr
Delivery %
53.2%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 3 models ₹29 vs market price ₹46 — price is 62% above it
Safety cushion-62.0%(target ≥ +20%)
Models span ₹23₹44, midpoint ₹29
Model ₹29
Price ₹46
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹23 cr
Other Income₹9 cr
Total Income₹32 cr
Cost of Materials₹4 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹9 cr
Finance Costs₹4.2 L
Depreciation & Amortisation₹18.9 L
Other Expenses₹2 cr
Total Expenses₹16 cr
Profit before Tax₹16 cr
Tax Expense₹4 cr
Net Profit₹13 cr
Net margin on total income39.3%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹4 cr11.2%
Employee benefit expense₹9 cr29.2%
Finance costs₹4.2 L0.1%
Depreciation & amortisation₹18.9 L0.6%
Other expenses₹2 cr7.4%
Tax expense₹4 cr12.2%
Profit for the period₹13 cr39.3%
Total income ₹32 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue25 cr25 cr23 cr
Total income26 cr24 cr32 cr
Expenses17 cr17 cr16 cr
Profit before tax9 cr7 cr16 cr
Tax3 cr1 cr4 cr
Net profit (owners' share)7 cr5 cr13 cr
Net margin (owners' share, on revenue)27.0%21.8%54.6%
EPS (₹)0.650.521.22
YoY (latest quarter): total income +61.9% · net profit +197.4%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹89 cr
Shareholder equity
₹77 cr
parent shareholders
Total debt
₹2 cr
Cash
₹9 cr
Cash flow · H1 FY26
Operating
₹17 cr
Investing
₹-14 cr
Financing
₹-1 cr
Peer comparison
IT Enabled Services · by market value
CompanyPriceMarket capP/E
L&T Technology Services Limited₹3,324₹35,238 cr25.1
Tata Technologies Limited₹759₹30,809 cr42.6
Inventurus Knowledge Solutions Limited₹1,729₹29,538 cr37.4
Netweb Technologies India Limited₹4,579₹26,070 cr76.4
Affle 3i Limited₹1,546₹21,734 cr42.3
SAGILITY LIMITED₹45₹20,851 cr24.2
Black Box Limited₹766₹13,611 cr60.8
Amagi Media Labs Limited₹574₹12,425 cr96.4
E2E Networks Limited₹604₹12,424 cr70.6
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
1.08%
trailing 12 months
Dividend / share (TTM)
₹0.5
Last dividend
₹0.5
ex 16 Sep 2026
ActionDetailEx-date
Dividend₹0.5 / share16 Sep 2026
Stock splitStock Split From Rs.10/- to Rs.1/-6 Oct 2025
Dividend₹0.5 / share10 Sep 2025
Dividend₹0.5 / share13 Aug 2024
Dividend₹0.5 / share22 Sep 2023
Who owns it · 2026-06-30
No pledge
Promoter
73.2%
FII / Foreign
0.0%
DII / Domestic
0.0%
Retail / others
26.8%
Smart-money activity
Insider trades
SoldADITYA VIKRAMBHAI PATEL HUF · Other1,546 · ₹7.8 L12 Sep 25
SoldADITYA VIKRAMBHAI PATEL · Key Managerial Personnel300 · ₹1.5 L12 Sep 25
BoughtPUJAN ZAVERCHAND · -16.25 L · ₹1023 Aug 24
Bulk / block deals
BoughtALPESH FATEHSINGH PUROHIT · NSE1.31 L @ ₹556.413 Oct 25
SoldALPESH FATEHSINGH PUROHIT · NSE1.31 L @ ₹577.313 Oct 25
SoldCNM FINVEST PRIVATE LIMITED . · NSE62,479 @ ₹466.7910 Sep 25
Stake changes
SoldDipti Jayeshbhai Shah→ 0.10% · 1,98718 Jun 24
SoldDipti Jayeshbhai Shah→ 0.12% · 2,51314 Jun 24
SoldDipti Jayeshbhai Shah→ 0.14% · 1,50021 Feb 24
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 17 Sep 2025
See the official result
1
Adoption of Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended 31st March, 2025
Backed by 100% of shareholders other than promotersneeded 50%
4.67 L votes for, 4 against
2
To Appoint Mr.Nitin Pramukhlal Patel who retires by rotation and being eligible, offers him-self for reappointment
This filing does not break the votes down by shareholder group.
3
To Appoint Mr.Nitin Pramukhlal Patel who retires by rotation and being eligible, offers him-self for reappointment
This filing does not break the votes down by shareholder group.
4
To Regularization Of Appointment Of Mr. Prerak Parikh (DIN : 09575923) as a Director
Promoters had a personal stake in this
This filing does not break the votes down by shareholder group.

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

The named holders in this filing do not add up to the promoter total it states, so we are not presenting them as the promoter group.
Money it raised, and what it did with it
1 fundraise spent differently than promised

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹5 cr raised in Oct 2020 by selling shares to the public
⚑ company reported a change of plan

As of Jun 2026, the company says it has spent 92% of what it set aside, leaving ₹41 L still to be spent.

The Unutilized Amount of Public Issue Expense to be Utilized as an Amount Available for General Corporate Purposethe company’s own explanation, as filed · shareholders approved the change
Acquisitions And Other Strategic Initiatives
0%
₹0 cr of ₹2 cr
Investment in Subsidiary
100%
₹70 L of ₹70 L
General Corporate Purpose
100%
₹1 cr of ₹1 cr
Public Issue Expenses
now filed as: GENERAL CORPORATE PURPOSE
spent more than set aside
350%
₹3 cr of ₹75.5 L
Spent by quarter: 54%54%54%92% (to Jun 2026)

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.