Is Sigma Solve a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Sigma Solve Ltd is a good quality company .

Is Sigma Solve undervalued or overvalued?

The key valuation ratios of Sigma Solve Ltd's currently when compared to its past seem to suggest it is in the Fair zone .

What is Sigma Solve share price return in the past 10 years?

Data is not available for this company

Is Sigma Solve a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Sigma Solve Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

Sigma Solve Ltd - Stock Valuation and Financial Performance

Name: Sigma Solve
Brand: Sigma Solve

BSE: 543917 | NSE: SIGMA | BPO/ITeS | Small Cap

Place order

Sigma Solve Share Price

₹408.20 -4.85 -1.17%
as on 26-Apr'24 16:01

10 Year X-Ray of Sigma Solve:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
ROCE % ⓘ	13.3%	37.1%	24%	20%	14.5%	11.6%	13.1%	-
Value Creation Index ⓘ	-0.1	1.7	0.7	0.4	0.0	-0.2	-0.1	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	2	2.5	3.4	5.5	7.5	10.8	17.8	18
Sales YoY Gr.	-	22.6%	34.8%	64.4%	35.2%	43.9%	64.8%	-
Adj EPS ⓘ	0.2	0.9	1.1	0.7	1	1.2	1.7	1.9
YoY Gr.	-	304.8%	31.8%	-34.8%	30.1%	22.1%	48.3%	-
BVPS (₹) ⓘ	1.3	2.1	3.4	4.7	9.3	10.3	12	14.1
Adj Net Profit ⓘ	0.1	0.2	0.3	0.6	1	1.2	1.8	2
Cash Flow from Ops. ⓘ	-0.1	0.3	0.3	0.4	0.1	0.4	1.2	-
Debt/CF from Ops. ⓘ	-2.6	0.9	2.6	0.9	2.5	1.2	3.2	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	NA	48%	47.5%	64.8%
Adj EPS ⓘ	NA	15.1%	33.1%	48.3%
BVPSⓘ	NA	42%	36.4%	16%
Share Price	-	-	107.2%	95.8%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
Return on Equity % ⓘ	17.1	51.3	41	25	14.9	11.9	15.4	14.3
Op. Profit Mgn % ⓘ	9.8	11.3	12.7	14.3	14.6	9.7	13.8	16.3
Net Profit Mgn % ⓘ	2.7	8.6	8.4	9.9	13	11.1	9.9	10.8
Debt to Equity ⓘ	0.4	0.4	0.9	0.1	0	0	0.3	-
Working Cap Days ⓘ	0	37	54	80	101	94	88	32
Cash Conv. Cycle ⓘ	0	29	40	46	63	78	74	16

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 14.30%

Sales growth is growing at healthy rate in last 3 years 47.45%

Net Profit is growing at healthy rate in last 3 years 33.07%

Sales growth is good in last 4 quarters at 39.57%

No data to display

Latest Financials - Sigma Solve Ltd.

	Standalone	Consolidated
TTM EPS (₹)	1.9	9.6
TTM Sales (₹ Cr.)	17.8	55.5
BVPS (₹.) ⓘ	14.1	45.6
Reserves (₹ Cr.) ⓘ	4	37
P/BV ⓘ	29.07	8.98
PE ⓘ	220.66	42.48

From the Market
52 Week Low / High (₹)	297.50 / 579.25
All Time Low / High (₹)	297.50 / 579.25
Market Cap (₹ Cr.)	421
Equity (₹ Cr.)	10.3
Face Value (₹)	10
Industry PE ⓘ	66.5

Management X-Ray of Sigma Solve:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Sigma Solve

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

This is a premium feature, Please click here to check our solutions.

Key Ratios of Sigma Solve

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Sales	2	2	3	6	7	11	18
Operating Expenses ⓘ	2	2	3	5	6	10	15
Manufacturing Costs	0	0	0	0	0	0	0
Material Costs	0	0	0	0	0	0	0
Employee Cost	1	2	2	3	5	8	12
Other Costs ⓘ	0	0	0	1	1	2	3
Operating Profit ⓘ	0	0	0	1	1	1	2
Operating Profit Margin (%)	8.8%	10.6%	12.7%	14.3%	14.0%	9.5%	13.8%
Other Income ⓘ	0	0	0	0	0	1	1
Interest ⓘ	0	0	0	0	0	0	0
Depreciation ⓘ	0	0	0	0	0	0	0
Exceptional Items ⓘ	0	0	0	0	0	0	0
Profit Before Tax ⓘ	0	0	0	1	1	2	3
Tax ⓘ	0	0	0	0	0	0	1
Profit After Tax	0	0	0	1	1	1	2
PAT Margin (%)	2.0%	8.3%	9.9%	11.7%	12.7%	11.3%	10.7%
Adjusted EPS (₹)	0.2	0.8	1.3	0.9	0.9	1.2	1.9
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	17%	54%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Equity and Liabilities
Shareholders Fund	0	1	1	4	10	11	12
Share Capital ⓘ	0	0	0	3	4	4	10
Reserves ⓘ	0	1	1	1	5	6	2
Minority Interest	0	0	0	0	0	0	0
Debt	0	0	1	0	0	0	3
Long Term Debt	0	0	0	0	0	0	3
Short Term Debt	0	0	1	0	0	0	0
Trade Payables	0	0	0	0	0	0	0
Others Liabilities ⓘ	0	0	0	1	1	1	3
Total Liabilities ⓘ	1	1	2	5	10	12	19
Fixed Assets
Gross Block	1	1	1	1	1	1	1
Accumulated Depreciation	0	0	0	1	1	1	1
Net Fixed Assetsⓘ	0	0	0	0	0	0	0
CWIP ⓘ	0	0	0	0	0	0	7
Investmentsⓘ	0	1	1	3	8	8	6
Inventories	0	0	0	0	0	0	0
Trade Receivables	0	0	1	1	2	3	5
Cash Equivalents	0	0	0	0	0	0	1
Others Assetsⓘ	0	0	0	0	1	0	0
Total Assets ⓘ	1	1	2	5	10	12	19

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Cash Flow From Operating Activity ⓘ	0	0	0	0	0	0	1
PBT ⓘ	0	0	0	1	1	2	3
Adjustment ⓘ	0	0	0	0	0	0	0
Changes in Working Capital ⓘ	-0	-0	-0	-0	-1	-1	-1
Tax Paid ⓘ	0	0	0	0	0	0	-1
Cash Flow From Investing Activity ⓘ	0	0	-1	0	-5	0	-4
Capex	0	0	0	0	0	0	0
Net Investments	0	0	-1	-2	-5	1	0
Others ⓘ	0	0	0	2	0	0	-4
Cash Flow From Financing Activityⓘ	0	0	1	0	5	0	3
Net Proceeds from Shares ⓘ	0	0	0	0	5	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	3
Interest Paid ⓘ	0	0	0	0	0	0	0
Dividend Paid ⓘ	0	0	0	0	0	0	0
Others ⓘ	0	0	1	0	0	0	0
Net Cash Flow ⓘ	0	0	0	0	0	0	0

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Ratios
ROE (%)	N/A	49.16	48.35	29.53	14.48	12.14	16.67
ROCE (%)	N/A	46.51	40.27	31.33	19.05	14.98	20.48
Asset Turnover Ratio	3.15	2.9	2.05	1.56	0.98	0.96	1.15
PAT to CFO Conversion(x)	N/A	N/A	N/A	0	0	0	0.5
Working Capital Days
Receivable Days	33	36	54	70	80	83	83
Inventory Days	0	0	0	0	0	0	0
Payable Days	0	0	0	0	0	0	0

Sigma Solve Ltd Stock News

Sigma Solve Ltd FAQs

What is the share price of Sigma Solve?

Company share prices are keep on changing according to the market conditions. The closing price of Sigma Solve on 26-Apr-2024 16:01 is ₹408.2.

What is the market cap of Sigma Solve?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 26-Apr-2024 16:01 the market cap of Sigma Solve stood at ₹420.7.

What is the P/E ratio of Sigma Solve?

The latest P/E ratio of Sigma Solve as of 26-Apr-2024 16:01 is 220.7.

What is the P/B ratio of Sigma Solve?

The latest P/B ratio of Sigma Solve as of 26-Apr-2024 16:01 is 29.07.

What is the 52-week high and low of Sigma Solve?

The 52-week high of Sigma Solve is ₹579.2 and the 52-week low is ₹297.5.

What is the TTM revenue of Sigma Solve?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Sigma Solve is ₹17.76 ( Cr.) .

About Sigma Solve Ltd

The company was incorporated as ‘Sigma Solve IT Tech Private Limited’ at Ahmedabad on April 29, 2010, under the provisions of the Companies Act, 1956 vide certificate of incorporation issued by the Assistant Registrar of Companies, Gujarat, Dadra and Nagar Haveli. Later on, the name of the company was changed from ‘Sigma Solve IT Tech Private Limited’ to ‘Presha Software Private Limited’ and certificate to that effect was issued by Assistant Registrar of Companies, Registrar of Companies, Ahmedabad on February 18, 2017. Subsequently, the name of the company was changed from ‘Presha Software Private Limited’ to ‘Sigma Solve Private Limited’ and certificate to that effect was issued by Registrar of Companies, Ahmedabad on March 7, 2019. Consequent up on the conversion of the company from Private Limited Company to Public Limited Company, the name of the company was changed to ‘Sigma Solve Limited’ and fresh Certificate of Incorporation consequent up on the conversion from Private Limited Company to Public Limited Company dated June 17, 2019 was issued by the Registrar of Companies, RoC – Ahmedabad.

The company Sigma and Sigma Solve Inc. (Erstwhile group concern and now subsidiary company with effect from October 23, 2019) having their offices at Florida (USA), Atlanta (Home Office), Australia (Home Office) jointly makes efforts for new business acquisitions. The operation of the company is controlled from its registered office situated at Ahmedabad, (Gujarat) India. The company’s 100% of the revenue is from export of services, and in order to provide hassle free payment facilities to its clients, it channelizes its payment through Sigma Solve Inc. The company does not have any identified customers being almost 100% of sales is booked by Sigma Solve Inc., and subsequently, the company Sigma is charging on monthly basis to Sigma Solve Inc. for providing the execution facilities on per man hour basis in conjunction with efficiency level achieved on monthly basis. Moreover, the company Sigma also occasionally serves directly to clients.

Business area of the company

The company and Sigma Solve Inc. are jointly offering enterprise software development. It offers turnkey consultancy services to its customers in their business domain. It also in association with group entity ‘Sigma Solve’ 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.

Major events and milestones:

2010: Incorporation of the company in the name of Sigma Solve IT Tech Private Limited.
2017: Name of the company changed to Presha Software Private Limited.
2018: Registered office of the company shifted from A/503, Indraprashth-7, Opp. Bodakdev Fire, Station, Bodakdev, Ahmedabad to 305-308, 3rd floor, Alpha Megacone House, Opp. Armieda, Sindhu bhavan Road, S G Highway, Ahmedabad.
2019: Name of the company changed to Sigma Solve Private Limited.
2019: The company converted to Public Limited from Private Limited Company.
2019: The company acquired 51.04% stake in Sigma Solve Inc. situated in Florida, USA.
2022: The company increased stake in Sigma Solve Inc. to around 60% from 51.04% by investing Rs 70 lakh.