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 ₹ 324 Cr.
- Current Price ₹ 316
- High / Low ₹ 516 / 302
- Stock P/E 18.1
- Book Value ₹ 36.8
- Dividend Yield 0.16 %
- ROCE 52.5 %
- ROE 46.8 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 42.7%
Cons
- Stock is trading at 8.57 times its book value
- Debtor days have increased from 48.8 to 81.9 days.
- Working capital days have increased from 21.9 days to 60.3 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 | TTM | |
---|---|---|---|---|---|---|
10 | 21 | 41 | 55 | 65 | 66 | |
9 | 14 | 26 | 33 | 42 | 44 | |
Operating Profit | 2 | 7 | 15 | 22 | 23 | 22 |
OPM % | 18% | 35% | 37% | 40% | 35% | 33% |
1 | 0 | 1 | 1 | 4 | 2 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 0 | 0 | 0 | 0 | 1 | 1 |
Profit before tax | 2 | 7 | 16 | 23 | 25 | 22 |
Tax % | 10% | 29% | 12% | 35% | 23% | |
2 | 5 | 14 | 15 | 19 | 18 | |
EPS in Rs | 1.96 | 3.03 | 8.70 | 9.63 | 15.70 | 17.47 |
Dividend Payout % | 0% | 7% | 2% | 5% | 3% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 45% |
TTM: | 8% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 71% |
TTM: | 41% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 27% |
1 Year: | -32% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 43% |
Last Year: | 47% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|
Equity Capital | 3 | 4 | 4 | 10 | 10 | 10 |
Reserves | 3 | 10 | 19 | 24 | 20 | 28 |
3 | 1 | 0 | 4 | 5 | 4 | |
5 | 7 | 13 | 25 | 5 | 6 | |
Total Liabilities | 14 | 22 | 37 | 63 | 40 | 48 |
0 | 1 | 1 | 1 | 8 | 7 | |
CWIP | 0 | 0 | 0 | 7 | 0 | 0 |
Investments | 1 | 6 | 21 | 45 | 7 | 16 |
12 | 15 | 15 | 11 | 25 | 24 | |
Total Assets | 14 | 22 | 37 | 63 | 40 | 48 |
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 | |||||
Days Payable | |||||
Cash Conversion Cycle | 142 | 62 | 29 | 36 | 82 |
Working Capital Days | 95 | 47 | 13 | -7 | 60 |
ROCE % | 53% | 64% | 52% | 53% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Nov - 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 …
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SIGMA SOLVE LIMITED SUBMITTED ITS STATEMENT OF DEVIATION FOR THE HALF YEAR ENDED SEPT 30 ,2024
14 Nov - Statement of deviation in IPO proceeds utilization.
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Sigma Solve Limited Submitted Its Financial Result For The Half Year Ended September 30, 2024.
14 Nov - Approval of unaudited financial results for Q2 2024.
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Board Meeting Outcome for SIGMA SOLVE LIMITED SUBMIT ITS OUTCOME OF BOARD MEETING AND PUBLISH THEIR HALF YEAR FINANCIAL RESULT FOR THE HALF YEAR ENDED 30TH SEPTEMBER, 2024
14 Nov - Board approved unaudited financial results for Q2 FY2024.
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Board Meeting Intimation for Sigma Solve Limited Intimate About Their Board Meeting Which Is Scheduled As On 14Th November 2024 At The Registered Office Of The Company.
8 Nov - Board meeting scheduled for financial results approval.
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