Reported Earnings • Aug 03
First quarter 2027 earnings released: EPS: ₹1.22 (vs ₹0.50 in 1Q 2026) First quarter 2027 results: EPS: ₹1.22 (up from ₹0.50 in 1Q 2026). Revenue: ₹320.0m (up 55% from 1Q 2026). Net income: ₹125.8m (up 143% from 1Q 2026). Profit margin: 39% (up from 25% in 1Q 2026). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. New Risk • Jul 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (₹4.96b market cap, or US$51.9m). Valuation Update With 7 Day Price Move • Jul 29
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹44.86, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 23x in the IT industry in India. Total loss to shareholders of 8.9% over the past three years. Annonce • Jul 28
Sigma Solve Limited to Report Q1, 2027 Results on Jul 31, 2026 Sigma Solve Limited announced that they will report Q1, 2027 results on Jul 31, 2026 Reported Earnings • May 21
Full year 2026 earnings released: EPS: ₹2.32 (vs ₹1.86 in FY 2025) Full year 2026 results: EPS: ₹2.32 (up from ₹1.86 in FY 2025). Revenue: ₹1.00b (up 32% from FY 2025). Net income: ₹238.8m (up 25% from FY 2025). Profit margin: 24% (down from 25% in FY 2025). The decrease in margin was driven by higher expenses. Annonce • May 13
Sigma Solve Limited to Report Q4, 2026 Results on May 19, 2026 Sigma Solve Limited announced that they will report Q4, 2026 results on May 19, 2026 New Risk • Feb 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (₹4.02b market cap, or US$44.3m). Valuation Update With 7 Day Price Move • Feb 16
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹41.80, the stock trades at a trailing P/E ratio of 16.9x. Average trailing P/E is 23x in the IT industry in India. Total returns to shareholders of 48% over the past year. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹50.38, the stock trades at a trailing P/E ratio of 20.4x. Average trailing P/E is 24x in the IT industry in India. Total returns to shareholders of 56% over the past year. Annonce • Jan 08
Sigma Solve Limited to Report Q3, 2026 Results on Jan 13, 2026 Sigma Solve Limited announced that they will report Q3, 2026 results at 9:08 AM, Indian Standard Time on Jan 13, 2026 Buy Or Sell Opportunity • Jan 02
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 11% to ₹59.30. The fair value is estimated to be ₹49.01, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 28%. Buy Or Sell Opportunity • Nov 03
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 44% to ₹57.85. The fair value is estimated to be ₹46.72, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 28%. Reported Earnings • Nov 01
Second quarter 2026 earnings released: EPS: ₹0.65 (vs ₹0.40 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.65 (up from ₹0.40 in 2Q 2025). Revenue: ₹271.5m (up 59% from 2Q 2025). Net income: ₹66.5m (up 62% from 2Q 2025). Profit margin: 25% (in line with 2Q 2025). Annonce • Oct 28
Sigma Solve Limited to Report Q2, 2026 Results on Oct 31, 2025 Sigma Solve Limited announced that they will report Q2, 2026 results on Oct 31, 2025 New Risk • Oct 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Market cap is less than US$100m (₹6.39b market cap, or US$72.0m). New Risk • Oct 05
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹550.9m (US$6.21m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹550.9m market cap, or US$6.21m). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Valuation Update With 7 Day Price Move • Oct 01
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹577, the stock trades at a trailing P/E ratio of 29.3x. Average trailing P/E is 26x in the IT industry in India. Total returns to shareholders of 53% over the past year. Upcoming Dividend • Sep 03
Upcoming dividend of ₹0.50 per share Eligible shareholders must have bought the stock before 10 September 2025. Payment date: 17 October 2025. Payout ratio is a comfortable 2.7% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (3.1%). Annonce • Aug 26
Sigma Solve Limited announces Annual dividend, payable on October 17, 2025 Sigma Solve Limited announced Annual dividend of INR 0.5000 per share payable on October 17, 2025, ex-date on September 10, 2025 and record date on September 10, 2025. Annonce • Aug 25
Sigma Solve Limited, Annual General Meeting, Sep 17, 2025 Sigma Solve Limited, Annual General Meeting, Sep 17, 2025, at 11:30 Indian Standard Time. Reported Earnings • Aug 07
First quarter 2026 earnings released: EPS: ₹5.04 (vs ₹3.82 in 1Q 2025) First quarter 2026 results: EPS: ₹5.04 (up from ₹3.82 in 1Q 2025). Revenue: ₹206.6m (up 29% from 1Q 2025). Net income: ₹51.8m (up 32% from 1Q 2025). Profit margin: 25% (in line with 1Q 2025). Annonce • Aug 02
Sigma Solve Limited to Report Q1, 2026 Results on Aug 06, 2025 Sigma Solve Limited announced that they will report Q1, 2026 results on Aug 06, 2025 Board Change • Jul 04
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Additional Independent Director Archana Shah was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Jun 25
Sigma Solve Limited Announces Board Resignation Sigma Solve Limited announced that at the board meeting to be held on June, 2025, take note of resignation received from Mr. Raxitkumar Sureshbhai Patel as an independent director of the Company; Take note of resignation received from Mr. Jayesh Ramanlal Shah as an independent director of the Company. Reported Earnings • May 24
Full year 2025 earnings released: EPS: ₹18.57 (vs ₹15.70 in FY 2024) Full year 2025 results: EPS: ₹18.57 (up from ₹15.70 in FY 2024). Revenue: ₹775.7m (up 19% from FY 2024). Net income: ₹190.9m (up 18% from FY 2024). Profit margin: 25% (in line with FY 2024). Valuation Update With 7 Day Price Move • May 23
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹380, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 29x in the IT industry in India. Total loss to shareholders of 4.4% over the past year. Annonce • May 10
Sigma Solve Limited to Report Q4, 2025 Results on May 13, 2025 Sigma Solve Limited announced that they will report Q4, 2025 results on May 13, 2025 New Risk • Apr 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 9.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.0% average weekly change). Market cap is less than US$100m (₹3.41b market cap, or US$39.9m). Valuation Update With 7 Day Price Move • Apr 23
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹334, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 28x in the IT industry in India. Total loss to shareholders of 18% over the past year. Reported Earnings • Feb 15
Third quarter 2025 earnings released: EPS: ₹4.11 (vs ₹4.46 in 3Q 2024) Third quarter 2025 results: EPS: ₹4.11 (down from ₹4.46 in 3Q 2024). Revenue: ₹195.8m (up 21% from 3Q 2024). Net income: ₹42.3m (down 7.8% from 3Q 2024). Profit margin: 22% (down from 28% in 3Q 2024). The decrease in margin was driven by higher expenses. Annonce • Feb 06
Sigma Solve Limited to Report Q3, 2025 Results on Feb 13, 2025 Sigma Solve Limited announced that they will report Q3, 2025 results on Feb 13, 2025 New Risk • Jan 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (₹3.62b market cap, or US$42.2m). Valuation Update With 7 Day Price Move • Nov 25
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹362, the stock trades at a trailing P/E ratio of 20.9x. Average trailing P/E is 37x in the IT industry in India. Total loss to shareholders of 21% over the past year. Reported Earnings • Nov 15
Second quarter 2025 earnings released: EPS: ₹4.00 (vs ₹2.59 in 2Q 2024) Second quarter 2025 results: EPS: ₹4.00 (up from ₹2.59 in 2Q 2024). Revenue: ₹176.4m (up 8.2% from 2Q 2024). Net income: ₹41.1m (up 55% from 2Q 2024). Profit margin: 23% (up from 16% in 2Q 2024). Annonce • Nov 08
Sigma Solve Limited to Report Q2, 2025 Results on Nov 14, 2024 Sigma Solve Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Annonce • Aug 07
Sigma Solve Limited to Report Q1, 2025 Results on Aug 14, 2024 Sigma Solve Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Upcoming Dividend • Aug 06
Upcoming dividend of ₹0.50 per share Eligible shareholders must have bought the stock before 13 August 2024. Payment date: 19 September 2024. Payout ratio is a comfortable 3.2% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of Indian dividend payers (1.1%). Lower than average of industry peers (1.9%). Reported Earnings • Aug 02
Full year 2024 earnings released: EPS: ₹15.70 (vs ₹11.45 in FY 2023) Full year 2024 results: EPS: ₹15.70 (up from ₹11.45 in FY 2023). Revenue: ₹650.5m (up 17% from FY 2023). Net income: ₹161.4m (up 37% from FY 2023). Profit margin: 25% (up from 21% in FY 2023). The increase in margin was driven by higher revenue. Annonce • Jul 30
Sigma Solve Limited, Annual General Meeting, Aug 20, 2024 Sigma Solve Limited, Annual General Meeting, Aug 20, 2024, at 11:30 Indian Standard Time. Annonce • Jul 12
Sigma Solve Limited Recommends Final Dividend for the Financial Year Ended March 31, 2024 Sigma Solve Limited at its board meeting held on July 12, 2024, recommended Final Dividend at the rate of INR 0.50/- per share (5%) of face value of INR 10/- on equity shares for the financial year ended 31st March, 2024. New Risk • May 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Market cap is less than US$100m (₹4.46b market cap, or US$53.7m). Annonce • May 18
Sigma Solve Limited to Report Second Half, 2024 Results on May 27, 2024 Sigma Solve Limited announced that they will report second half, 2024 results on May 27, 2024 Valuation Update With 7 Day Price Move • Apr 02
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹434, the stock trades at a trailing P/E ratio of 34.2x. Average trailing P/E is 34x in the IT industry in India. Annonce • Mar 21
Sigma Solve Limited Appoints Dhwani Solanki as Company Secretary Sigma Solve Limited at the SBM held on March 19, 2024, the board has approved appointment of Mrs. Dhwani Solanki (ACS:-31424) as Company Secretary. Mrs. Dhwani Solanki is a Company Secretary having membership of Institute of Company Secretaries of India. She is having an experience of more than 12 years in the field of Corporate Compliances and Secretarial work. Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: ₹4.46 (vs ₹2.36 in 3Q 2023) Third quarter 2024 results: EPS: ₹4.46 (up from ₹2.36 in 3Q 2023). Revenue: ₹168.5m (up 12% from 3Q 2023). Net income: ₹45.9m (up 89% from 3Q 2023). Profit margin: 27% (up from 16% in 3Q 2023). The increase in margin was primarily driven by higher revenue. Annonce • Feb 02
Sigma Solve Limited to Report Q3, 2024 Results on Feb 09, 2024 Sigma Solve Limited announced that they will report Q3, 2024 results on Feb 09, 2024 Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹520, the stock trades at a trailing P/E ratio of 41.9x. Average trailing P/E is 38x in the IT industry in India. Valuation Update With 7 Day Price Move • Sep 14
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹454, the stock trades at a trailing P/E ratio of 37.1x. Average trailing P/E is 36x in the IT industry in India. Annonce • Sep 08
Sigma Solve Limited, Annual General Meeting, Sep 29, 2023 Sigma Solve Limited, Annual General Meeting, Sep 29, 2023, at 16:30 Indian Standard Time. Agenda: To consider and adopt Audited Standalone Financial Statements of the Company for the financial year ended on March 31, 2023 and the Reports of the Board of Directors and Auditors thereon; to consider audited Consolidated Financial Statements of the Company for the financial year ended on March 31, 2023, together with the Report of the Auditors thereon; to appoint a Director in place of Mr. Nitin Pramukhlal Patel who retires by rotation and being eligible, offers him-self for reappointment; and to consider other matters. Board Change • Aug 22
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. 2 independent directors (3 non-independent directors). Non-Executive Independent Director Jayesh Shah was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Aug 16
First quarter 2024 earnings released: EPS: ₹3.50 (vs ₹2.52 in 1Q 2023) First quarter 2024 results: EPS: ₹3.50 (up from ₹2.52 in 1Q 2023). Revenue: ₹174.9m (up 55% from 1Q 2023). Net income: ₹53.5m (up 112% from 1Q 2023). Profit margin: 31% (up from 22% in 1Q 2023). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Aug 09
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to ₹393, the stock trades at a trailing P/E ratio of 41.8x. Average trailing P/E is 37x in the IT industry in India. Annonce • Aug 08
Sigma Solve Limited to Report Q1, 2024 Results on Aug 14, 2023 Sigma Solve Limited announced that they will report Q1, 2024 results on Aug 14, 2023 
