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 ₹ 428 Cr.
- Current Price ₹ 417
- High / Low ₹ 579 / 330
- Stock P/E 26.5
- Book Value ₹ 29.4
- Dividend Yield 0.12 %
- ROCE 56.3 %
- ROE 50.1 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 44.1%
Cons
- Stock is trading at 14.2 times its book value
- Debtor days have increased from 48.8 to 81.9 days.
- Working capital days have increased from 23.6 days to 65.3 days
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
10 | 21 | 41 | 55 | 65 | |
9 | 14 | 26 | 33 | 42 | |
Operating Profit | 2 | 7 | 15 | 22 | 23 |
OPM % | 18% | 35% | 37% | 40% | 35% |
1 | 0 | 1 | 1 | 4 | |
Interest | 0 | 0 | 0 | 0 | 0 |
Depreciation | 0 | 0 | 0 | 0 | 1 |
Profit before tax | 2 | 7 | 16 | 23 | 25 |
Tax % | 10% | 29% | 12% | 35% | 23% |
2 | 5 | 14 | 15 | 19 | |
EPS in Rs | 1.96 | 3.03 | 8.70 | 9.63 | 15.70 |
Dividend Payout % | 0% | 7% | 2% | 5% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 45% |
TTM: | 17% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 75% |
TTM: | 63% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 91% |
1 Year: | 18% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 44% |
Last Year: | 50% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Equity Capital | 3 | 4 | 4 | 10 | 10 |
Reserves | 3 | 10 | 19 | 24 | 20 |
3 | 1 | 0 | 4 | 5 | |
5 | 7 | 13 | 25 | 5 | |
Total Liabilities | 14 | 22 | 37 | 63 | 40 |
0 | 1 | 1 | 1 | 8 | |
CWIP | 0 | 0 | 0 | 7 | 0 |
Investments | 1 | 6 | 21 | 45 | 7 |
12 | 15 | 15 | 11 | 25 | |
Total Assets | 14 | 22 | 37 | 63 | 40 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
-0 | 5 | 16 | 20 | 7 | |
4 | -5 | -15 | -30 | 37 | |
4 | 3 | -1 | 3 | -41 | |
Net Cash Flow | 8 | 3 | 1 | -7 | 3 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Debtor Days | 142 | 62 | 29 | 36 | 82 |
Inventory Days | 0 | ||||
Days Payable | |||||
Cash Conversion Cycle | 142 | 62 | 29 | 36 | 82 |
Working Capital Days | 95 | 47 | 13 | -7 | 65 |
ROCE % | 53% | 64% | 52% |
Documents
Announcements
- Sigma Solve Limited Disclosure Of Regulation 7(2) Read With Regulation 6(2) SEBI(Prohibition Of Insider Trading) Regulation, 2015 16h
- Closure of Trading Window 1d
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 19 Jun
- Disclosures Under Regulation 29(2) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011 19 Jun
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 18 Jun
Annual reports
Concalls
-
Feb 2024Transcript PPT
-
Dec 2023Transcript PPT
-
Aug 2023TranscriptNotesPPT
-
May 2023TranscriptNotesPPT
-
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