Sigma Solve Limited share price

Sigma Solve Limited, together with its subsidiary, Sigma Solve Inc., engages in the enterprise software development business worldwide. The company offers IT and turnkey consultancy services to customers in their business domain. It also provides web and e-commerce development, mobile app and real-time application development, cloud solutions, business intelligence analytics, CRM development, digital marketing, UI and UX design, automation testing, and quality assurance services. Sigma Solve Limited was incorporated in 2010 and is based in Ahmedabad, India.Read more

Website NSE BSE

TechnologyInformation Technology ServicesNSE: SIGMAISIN INE0A0S01028

16 Oct 2026, 3:29 PM IST₹44.40▲ 0.02 (0.05%)

Market Cap₹ 456 Cr.
Current Price₹ 44.40
High / Low₹ 64 / 35
Stock P/E18.0
Book Value₹ 7
Dividend Yield1.13 %
ROCE38.5 %
ROE37.80 %
Face Value₹ 1.0

More figures (10)

EPS (TTM)₹ 2.46
Price / Book5.94
OPM33.2 %
Debt / Equity0.03
Sales growth (4Y)19.6 %
Profit growth (4Y)26.6 %
Promoter holding81.1 %
EV / EBITDA14.5
Beta0.36
All-time high₹ 570

Price chart

Price on NSE 50 DMA 200 DMA Volume

Returns	1M	3M	6M	YTD	1Y	3Y CAGR	5Y CAGR
SIGMA	-2.63%	+20.68%	-5.95%	-22.72%	-15.02%	-53.84%	-18.05%
Nifty 50	-0.31%	-3.85%	-4.34%	-11.42%	-9.53%	+5.46%	+4.76%

Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.

Quick take

Sigma Solve Limited is in the Information Technology Services industry (Technology), with a market value of ₹456 crore.
It trades at 18.0 times its last 12 months' earnings and 5.9 times book value.
Revenue grew 19.6% a year over the last 4 years, profit 26.6% a year.
Return on equity was 37.8% and return on capital employed 38.5% in the latest year.
Debt was 0.03 times shareholders' equity.
The share price is 30.8% below its 52-week high and down 15.0% over one year.
Promoters and insiders hold about 81.1%; institutions about 0.0%.

Pros

Strong return on equity: 44.7% on average over the last 3 years.
Company is almost debt-free (debt is 0.03 times equity).
Promoters hold a large stake of 73.22%.

Cons

No standout weaknesses in the reported figures.

Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.

AI analysis

Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.

About Sigma Solve Limited

Employees: 216
Head office: Ahmedabad

TechnologyInformation Technology Services

S.No.	Company	CMP ₹	P/E	Mar Cap ₹ Cr	Div Yld %	NP Qtr ₹ Cr	Qtr Profit Var %	Sales Qtr ₹ Cr	Qtr Sales Var %	ROCE %	ROE %	P/B	OPM %	Debt / Eq	Prom. Hold. %	Sales ₹ Cr	Sales Var 3Yrs %
1.	Sigma Solve	44.40	18.0	456	1.13	13	146.60	23	11.49	38.5	37.8	5.94	33.2	0.03	81.08	96	19.6
2.	Tata Consultancy Services	2,465.00	17.3	8,91,859	2.04	13,349	9.20	72,275	12.09	54.9	48.7	7.50	25.1	0.11	71.79	2,67,021	5.8
3.	Infosys	1,161.20	15.8	4,70,326	4.50	82	1.24	508	2.85	41.7	31.6	5.14	20.3	0.10	15.99	2,016	3.4
4.	HCL Technologies	1,380.00	20.4	3,73,396	3.53	4,624	20.32	34,579	13.94	27.2	23.0	4.94	31.4	0.07	62.78	1,30,144	8.7
5.	Wipro	184.40	14.5	1,82,435	4.60	3,352	0.65	24,479	10.59	17.8	15.4	2.30	16.1	0.23	72.69	92,624	0.8
6.	Tech Mahindra	1,790.00	28.8	1,58,580	3.09	1,465	25.58	15,712	17.39	19.8	16.9	5.34	13.0	0.07	37.09	56,815	2.2
7.	LTM	4,390.00	24.9	1,30,146	1.77	1,466	29.93	11,608	18.79	25.4	21.5	5.30	15.5	0.10	68.58	42,308	8.4
8.	Persistent Systems	5,741.00	50.2	90,063	0.62	483	22.05	4,303	32.73	29.4	26.3	10.48	16.4	0.06	33.13	14,748	20.9
9.	Coforge	1,951.90	40.0	86,477	0.83	519	98.55	5,528	61.52	18.6	19.5	6.87	14.2	0.08	21.34	16,391	26.9
10.	Mphasis	2,500.00	25.0	47,718	2.53	490	9.63	4,384	18.17	23.0	18.3	4.21	15.3	0.24	31.12	15,880	4.8
	Median: 24 Co.	1,870.95	22.6	18,753	1.65	992	21.19	8,568	15.67	26.3	18.5	4.69	14.7	0.09	49.94	29,349	8.8

Companies in the same industry; the median covers every company in it that we hold figures for. Tap a heading to sort. Sorting and comparing are ways to explore data, not recommendations.

Quarterly Results

Consolidated figures in ₹ crore /

₹ Cr	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	16	16	16	16	16	17	20	24	21	26	25	25	23
YOY Sales Growth %					-1.77%	4.59%	20.59%	45.09%	29.09%	50.04%	26.30%	4.70%	11.49%
	11	10	11	10	11	12	14	14	16	18	17	17	15
Material Cost %				9%	12%	15%	14%	10%	13%	11%	17%	20%	16%
Employee Cost %	47%	43%	46%	44%	46%	43%	40%	36%	50%	41%	35%	36%	41%
Other Expenses %	18%	22%	19%	10%	13%	11%	16%	13%	13%	18%	16%	13%	10%
Operating Profit	6	6	6	6	5	5	6	10	5	8	8	8	8
OPM %	35%	36%	35%	37%	30%	31%	31%	41%	24%	30%	32%	32%	34%
Other Income	1	1	1	0	1	1	0	-0	2	2	2	-1	9
Interest	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0
Profit before tax	7	7	6	6	5	5	6	9	7	9	9	7	16
	22%	39%	22%	9%	24%	25%	28%	26%	24%	24%	27%	21%	24%
Current tax	1	3	0	2	1	2	1	0	2	3	4	-2	4
Deferred tax	0	-0	1	-1	1	-0	1	2	-1	-1	-2	4	0
	5	4	5	5	4	4	5	7	5	7	7	5	13
Minority share	2	0			-0	-0		-0	0	0	0	-0	-0
Profit to shareholders	4	0	5	5	4	4	4	7	5	7	7	5	13
YOY Profit Growth %					-26.62%	0.97%	2.57%	28.26%	29.87%	61.93%	42.50%	-21.39%	146.60%
EPS in Rs	0.35	0.26	0.45	1.04	0.76	0.80	0.82	0.66	0.50	0.65	0.65	0.52	1.22
Raw filing

₹ Cr	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	6	7	7	8	8	8	8	8	9	11	10	9	8
YOY Sales Growth %					33.34%	15.96%	17.42%	0.85%	8.39%	40.17%	29.47%	6.24%	-1.94%
	5	6	6	6	6	6	6	6	7	8	7	7	6
Employee Cost %	73%	70%	71%	59%	63%	64%	65%	64%	76%	65%	59%	61%	63%
Other Expenses %	10%	16%	11%	9%	12%	10%	15%	9%	8%	9%	13%	17%	12%
Operating Profit	1	1	1	3	2	2	2	2	1	3	3	2	2
OPM %	17%	14%	17%	32%	26%	26%	21%	26%	16%	26%	28%	22%	24%
Other Income	0	0	0	0	0	0	0	-0	1	0	0	0	1
Interest	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0
Profit before tax	1	1	1	3	2	2	1	2	2	3	3	2	2
	22%	28%	27%	26%	24%	26%	27%	22%	26%	27%	35%	14%	24%
Current tax	0	0	0	1	0	0	0	0	0	1	1	0	1
Deferred tax	0	0	0	0	0	0	-0	-0	0	-0	0	-0	0
	1	1	1	2	2	1	1	1	1	2	2	2	2
YOY Profit Growth %					76.51%	158.76%	33.84%	-27.86%	-27.63%	32.63%	73.69%	32.97%	59.58%
EPS in Rs	0.09	0.06	0.08	0.19	0.16	0.28	0.21	0.14	0.12	0.19	0.18	0.18	0.18
Raw filing

Source: the company's results filed with NSE, as reported. EPS restated for bonus issues and splits. Tap a row marked + for its breakdown. Latest quarter on the right.

Profit & Loss

Consolidated figures in ₹ crore /

₹ Cr	Mar 2024	Mar 2025	Mar 2026	TTM
	65	76	96	98
YOY Sales Growth %		17.09%	25.53%
	42	50	67	67
Material Cost %	9%	12%	15%	16%
Employee Cost %	45%	41%	40%	38%
Other Expenses %	11%	13%	15%	14%
Operating Profit	23	26	28	31
OPM %	35%	34%	30%	32%
Other Income	4	1	5	11
Interest	0	0	0	0
Depreciation	1	1	1	1
Profit before tax	25	26	32	41
	23%	26%	24%	24%
Current tax	6	4	7
Deferred tax	-0	3	0
	19	19	24	31
Minority share	3	-0	0	0
Profit to shareholders	16	19	24	31
YOY Profit Growth %		-1.23%	25.22%
EPS in Rs	3.14	1.86	2.32	3.04
Dividend Payout %	3%	3%	2%

Compounded Sales Growth

TTM:: 21%

Compounded Profit Growth

TTM:: 51%

Stock Price CAGR

5 Years:: -18%
3 Years:: -54%
1 Year:: -15%

Return on Equity

4 Years:: 42%
Last Year:: 38%

₹ Cr	Mar 2024	Mar 2025	Mar 2026	TTM
	28	32	39	38
YOY Sales Growth %		15.46%	20.62%
	22	24	30	29
Employee Cost %	68%	64%	65%	62%
Other Expenses %	12%	11%	12%	13%
Operating Profit	6	8	9	10
OPM %	21%	25%	23%	25%
Other Income	1	1	2	2
Interest	0	0	0	0
Depreciation	1	1	1	1
Profit before tax	6	7	9	10
	25%	25%	26%	26%
Current tax	1	2	3
Deferred tax	0	-0	-0
	4	6	7	8
YOY Profit Growth %		32.45%	24.66%
EPS in Rs	0.41	0.54	0.68	0.73
Dividend Payout %	12%	9%	7%

Compounded Sales Growth

TTM:: 18%

Compounded Profit Growth

TTM:: 48%

Stock Price CAGR

5 Years:: -18%
3 Years:: -54%
1 Year:: -15%

Return on Equity

4 Years:: 42%
Last Year:: 38%

Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. EPS restated for bonus issues and splits. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.

Balance Sheet

Consolidated figures in ₹ crore, as at 31 March

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	10	10	10	10
Reserves	26	20	39	67
	4	5	4	2
Long term borrowings	3	3	2	1
Short term borrowings	1	2	2	1
	24	5	8	10
Trade payables	1	1	1	1
Minority interest	16		0	0
Current liabilities	8	6	6	6
Total Liabilities	64	40	62	89
	7	8	7	6
Gross block	8	9	9	9
Accumulated depreciation	0	1	2	3
Goodwill & intangibles	0	0	0	0
CWIP	7
	50	32	55	83
Trade receivables	5	15	21	18
Cash & equivalents	5	7	2	9
Current assets	12	23	35	33
Total Assets	64	40	62	89

Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.

Cash Flows

Consolidated figures in ₹ crore, financial years ending March

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	20	7	17	30
Profit for the year	12	16	19	24
Working capital changes	-2	-8	-6	3
Direct taxes paid	-3	-9	-4	-7
	-31	36	-20	-22
Fixed assets purchased	-7	-1	-0	-0
Fixed assets sold	0
Investments purchased			-9
Investments sold		40	0
	3	-41	-2	-3
Interest paid	-0	-0	-0	-0
Dividends paid	-0	-1	-1	-1
Net Cash Flow	-7	3	-5	6
Free Cash Flow	13	6	17	30

Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.

Ratios

Ratio	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
ROE	—	32.4%	48.5%	47.9%	37.8%
ROCE	—	42.3%	75.5%	47.2%	38.5%
Operating margin	—	41.8%	33.9%	35.6%	33.2%
Net margin	—	21.1%	24.8%	25.1%	25.0%
Debt / equity	—	0.11	0.16	0.07	0.03
Current ratio	—	1.55	3.74	5.56	5.24
Debtor days	—	35	82	100	70
Days payable	—	11	8	9	7
Working capital days	—	29	95	136	102

Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; cash conversion cycle = debtor + inventory − payable days; working capital days = (current assets − current liabilities) ÷ sales × 365.

Shareholding Pattern

Numbers in percentages · as filed with NSE each quarter

Promoters 73.22%
FIIs 0.02%
DIIs 0.02%
Public 26.74%

%	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	73.22%	73.22%	73.22%	73.22%	73.22%	73.22%	73.22%	73.22%	73.22%	73.22%	73.22%	73.22%
									0.03%			0.02%
Foreign portfolio investors (Cat. I)									0.03%
Foreign portfolio investors (Cat. II)												0.02%
											0.02%	0.02%
Alternative investment funds											0.02%	0.02%
	26.78%	26.78%	26.78%	26.78%	26.78%	26.78%	26.78%	26.78%	26.75%	26.78%	26.76%	26.74%
Retail (up to ₹2 lakh)	11.28%	12.26%	12.37%	12.23%	12.58%	12.68%	12.74%	12.40%	13.37%	13.63%	13.36%	13.37%
HNIs (above ₹2 lakh)	7.29%	6.70%	6.80%	6.94%	6.68%	6.67%	6.81%	8.98%	8.57%	8.32%	8.54%	8.75%
NRIs	6.46%	6.46%	6.50%	6.50%	6.49%	6.37%	6.34%	4.61%	4.26%	4.24%	4.26%	3.98%
Bodies corporate	0.43%	0.23%	0.23%	0.36%	0.28%	0.17%	0.14%	0.20%	0.10%	0.08%	0.11%	0.19%
No. of Shareholders	12,726	15,397	15,547	15,220	15,093	14,831	14,171	13,153	18,486	18,750	18,679	21,488

Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.

Documents

Announcements

All announcements on NSE →

Annual reports

Credit ratings

None filed recently.

Concalls & investor meets

Filings made by the company with NSE; documents open on NSE's website.

Key dates

Ex-dividend date: 16 Sep 2026
Latest quarter: 30 Jun 2026
Financial year end: 31 Mar 2026

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Latest news

In the news

From the company (NSE)

Headlines from news publishers (via Google News) and the filings of the company with NSE; they open on the source website. Headlines with price targets or buy/sell calls are left out. News is for information only and is not a recommendation.

Questions about Sigma Solve Limited

What is the share price of Sigma Solve Limited today?

Sigma Solve Limited (SIGMA) last traded at ₹44.40 on NSE (16 Oct 2026, 3:29 PM IST). Prices may be delayed.

What is the market cap of Sigma Solve Limited?

About ₹456 crore at the latest price.

What is the P/E ratio of Sigma Solve Limited?

About 18.0 times its earnings over the last 12 months.

Is Sigma Solve Limited a good investment?

We do not give views on individual shares. Whether any share suits you depends on your goals, time horizon and risk appetite; for long-term goals, a diversified mutual fund is often a simpler way to own shares. Investments in securities markets are subject to market risks.

How can I buy Sigma Solve Limited shares?

You need a trading and demat account with a SEBI-registered stock broker. We can help you open one through Parshvanath Investments, an Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539). We provide execution and account service only, not tips or research.

Important. Prices from NSE via Yahoo Finance. Quarterly and annual results, shareholding and documents are taken from the filings the company made with NSE; balance sheet, cash flow and valuation figures are compiled by Yahoo Finance; ratios are computed by us from them. Figures may be delayed or revised. This page is for information only: it is not research, a recommendation or an offer to buy or sell any security. Investments in securities markets are subject to market risks; read all related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934); share broking is offered through Parshvanath Investments, Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539).

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Sigma Solve Limited share price

Price chart

Quick take

Pros

Cons

AI analysis

About Sigma Solve Limited

Peer comparison

Quarterly Results

Profit & Loss

Projection — your assumptions

Related party transactions

Compounded Sales Growth

Compounded Profit Growth

Stock Price CAGR

Return on Equity

Compounded Sales Growth

Compounded Profit Growth

Stock Price CAGR

Return on Equity

Balance Sheet

Cash Flows

Ratios

Shareholding Pattern

Documents

Announcements

Annual reports

Credit ratings

Concalls & investor meets

Key dates

Trade with our broking desk

Latest news

In the news

From the company (NSE)

Questions about Sigma Solve Limited

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