Sigma Solve Ltd
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
- Market Cap ₹ 339 Cr.
- Current Price ₹ 330
- High / Low ₹ 499 / 302
- Stock P/E 58.4
- Book Value ₹ 18.5
- Dividend Yield 0.15 %
- ROCE 31.5 %
- ROE 28.9 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 67.4% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 18.6%
Cons
- Stock is trading at 17.8 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: IT - Software Industry: Computers - Software - Medium / Small
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
0.68 | 1.38 | 1.71 | 1.82 | 2.04 | 2.50 | 3.37 | 5.54 | 7.49 | 10.78 | 17.76 | 27.66 | 30.67 | |
0.63 | 1.31 | 1.56 | 1.62 | 1.77 | 2.23 | 2.95 | 4.72 | 6.41 | 9.73 | 15.24 | 21.91 | 22.72 | |
Operating Profit | 0.05 | 0.07 | 0.15 | 0.20 | 0.27 | 0.27 | 0.42 | 0.82 | 1.08 | 1.05 | 2.52 | 5.75 | 7.95 |
OPM % | 7.35% | 5.07% | 8.77% | 10.99% | 13.24% | 10.80% | 12.46% | 14.80% | 14.42% | 9.74% | 14.19% | 20.79% | 25.92% |
0.00 | 0.01 | 0.02 | 0.01 | 0.00 | 0.08 | 0.12 | 0.15 | 0.30 | 0.60 | 0.50 | 1.01 | 1.26 | |
Interest | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 | 0.03 | 0.04 | 0.03 | 0.01 | 0.32 | 0.46 |
Depreciation | 0.03 | 0.03 | 0.04 | 0.06 | 0.10 | 0.07 | 0.07 | 0.07 | 0.06 | 0.07 | 0.18 | 0.80 | 0.95 |
Profit before tax | 0.01 | 0.05 | 0.13 | 0.15 | 0.16 | 0.27 | 0.47 | 0.87 | 1.28 | 1.55 | 2.83 | 5.64 | 7.80 |
Tax % | 0.00% | 40.00% | 23.08% | 26.67% | 25.00% | 14.81% | 27.66% | 25.29% | 25.78% | 20.65% | 31.80% | 25.53% | |
0.01 | 0.04 | 0.10 | 0.11 | 0.12 | 0.23 | 0.35 | 0.65 | 0.95 | 1.22 | 1.93 | 4.21 | 5.81 | |
EPS in Rs | 0.87 | 0.92 | 1.18 | 1.88 | 4.10 | 5.66 | |||||||
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 21.63% | 16.84% | 26.63% | 12.21% |
Compounded Sales Growth | |
---|---|
10 Years: | 35% |
5 Years: | 52% |
3 Years: | 55% |
TTM: | 37% |
Compounded Profit Growth | |
---|---|
10 Years: | 64% |
5 Years: | 67% |
3 Years: | 71% |
TTM: | 153% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 5% |
1 Year: | -31% |
Return on Equity | |
---|---|
10 Years: | 20% |
5 Years: | 19% |
3 Years: | 20% |
Last Year: | 29% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 3.01 | 4.11 | 4.11 | 10.28 | 10.28 | 10.28 |
Reserves | 0.01 | 0.06 | 0.15 | 0.27 | 0.39 | 0.54 | 0.89 | 0.65 | 5.46 | 6.47 | 2.45 | 6.14 | 8.72 |
0.21 | 0.18 | 0.16 | 0.00 | 0.06 | 0.23 | 0.77 | 0.34 | 0.18 | 0.41 | 3.86 | 4.82 | 4.05 | |
0.04 | 0.14 | 0.19 | 0.36 | 0.25 | 0.34 | 0.59 | 0.95 | 0.69 | 1.10 | 2.78 | 3.49 | 3.75 | |
Total Liabilities | 0.27 | 0.39 | 0.51 | 0.64 | 0.71 | 1.12 | 2.26 | 4.95 | 10.44 | 12.09 | 19.37 | 24.73 | 26.80 |
0.10 | 0.08 | 0.05 | 0.23 | 0.23 | 0.17 | 0.19 | 0.15 | 0.14 | 0.19 | 0.44 | 7.66 | 7.39 | |
CWIP | 0.00 | 0.00 | 0.13 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 | 6.58 | 0.00 | 0.00 |
Investments | 0.00 | 0.22 | 0.23 | 0.24 | 0.20 | 0.57 | 1.31 | 2.98 | 7.87 | 8.32 | 4.62 | 5.31 | 5.95 |
0.17 | 0.09 | 0.10 | 0.17 | 0.28 | 0.38 | 0.76 | 1.81 | 2.42 | 3.58 | 7.73 | 11.76 | 13.46 | |
Total Assets | 0.27 | 0.39 | 0.51 | 0.64 | 0.71 | 1.12 | 2.26 | 4.95 | 10.44 | 12.09 | 19.37 | 24.73 | 26.80 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.26 | 0.30 | 0.29 | 0.07 | 0.35 | 1.20 | 1.66 | |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.38 | -0.83 | -1.85 | -4.87 | -0.04 | -4.25 | -2.30 | |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.10 | 0.55 | 1.57 | 4.81 | 0.02 | 3.23 | 0.14 | |
Net Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.02 | 0.01 | 0.00 | 0.01 | 0.33 | 0.18 | -0.51 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 26.84 | 2.64 | 4.27 | 18.05 | 32.21 | 45.26 | 73.65 | 96.19 | 89.67 | 104.62 | 101.73 | 111.24 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 26.84 | 2.64 | 4.27 | 18.05 | 32.21 | 45.26 | 73.65 | 96.19 | 89.67 | 104.62 | 101.73 | 111.24 |
Working Capital Days | 0.00 | -31.74 | -53.36 | -46.13 | -3.58 | 8.76 | 22.74 | 37.55 | 60.43 | 76.18 | 58.98 | 79.04 |
ROCE % | 12.12% | 42.11% | 50.00% | 45.95% | 33.87% | 34.29% | 28.92% | 17.02% | 13.21% | 20.59% | 31.51% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Jan - Submission of Reconciliation of Share Capital Audit Report.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
6 Jan - Certificate under Regulation 74(5) for Q3 2024.
- Closure of Trading Window 31 Dec
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Board Meeting Outcome for Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2015_Sale/Disposal Of Shares Of The Associate Company
11 Dec 2024 - Sale of 33% stake in Sigma Accounting Private Limited.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Nov 2024 - Reg 47 OF SEBI (LODR), 2015 Please Find enclosed herewith the copy of newspaper publication of the Unaudited Standalone and Consolidated Financial Result for the …
Annual reports
Concalls
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Feb 2024Transcript PPT
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Dec 2023Transcript PPT
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Aug 2023TranscriptNotesPPT
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May 2023TranscriptNotesPPT
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Dec 2022TranscriptNotesPPT
Business Overview:[1][2]
SSL is an enterprise software solutions company. It is in the business of selling plugins. These plugins are categorized and sold by the company from its digital store. Also, company offers turnkey consultancy services. In association with group entity Sigma Solve, company provide services related to Web & E-
commerce Development, Real Time Application development, Business Intelligence Analytics, CRM Development, Digital Marketing, UI & UX Design, Automation Testing and Quality Assurance. Company has its offices at Florida (USA), Atlanta (Home Office), Australia (Home Office), and Ahmedabad