New Risk • Jul 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 8.2% 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: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). High level of non-cash earnings (111% accrual ratio). Shareholders have been substantially diluted in the past year (139% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (8.2% average weekly change). Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹483, the stock trades at a trailing P/E ratio of 31.7x. Average trailing P/E is 29x in the Software industry in India. Total returns to shareholders of 1,512% over the past three years. Announcement • Jun 05
Sigma Advanced Systems Limited announced that it expects to receive INR 4.59999509 billion in funding Sigma Advanced Systems Limited announced a private placement to issue 13,256,470 shares at an issue price of INR 347 per share for gross proceeds of INR 4,599,995,090 on June 4, 2026. The transaction will include participation from Bank of India Flexi Cap Fund for 734,870 shares, Bank of India Small Cap Fund for 680,115 shares, Bank of India Mid Cap Tax Fund Series for 17,291 shares and other investors. The transaction has been approved by shareholders and is subject to general shareholders to be held on June 28, 2026.