Sigma Solve Limited

NSEI:SIGMA Stock Report

Market Cap: ₹4.0b

Sigma Solve Past Earnings Performance

Past criteria checks 4/6

Sigma Solve has been growing earnings at an average annual rate of 28.9%, while the IT industry saw earnings growing at 20.9% annually. Revenues have been growing at an average rate of 22.9% per year. Sigma Solve's return on equity is 31%, and it has net margins of 25%.

Key information

28.88%

Earnings growth rate

27.94%

EPS growth rate

IT Industry Growth24.33%
Revenue growth rate22.86%
Return on equity31.00%
Net Margin24.97%
Last Earnings Update31 Mar 2026

Recent past performance updates

Analysis Article May 27

We Like Sigma Solve's (NSE:SIGMA) Earnings For More Than Just Statutory Profit

The market seemed underwhelmed by last week's earnings announcement from Sigma Solve Limited ( NSE:SIGMA ) despite the...

Recent updates

Analysis Article May 27

We Like Sigma Solve's (NSE:SIGMA) Earnings For More Than Just Statutory Profit

The market seemed underwhelmed by last week's earnings announcement from Sigma Solve Limited ( NSE:SIGMA ) despite the...
Analysis Article Feb 17

If EPS Growth Is Important To You, Sigma Solve (NSE:SIGMA) Presents An Opportunity

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Jan 08

Market Participants Recognise Sigma Solve Limited's (NSE:SIGMA) Earnings Pushing Shares 25% Higher

Sigma Solve Limited ( NSE:SIGMA ) shareholders have had their patience rewarded with a 25% share price jump in the last...
Analysis Article Dec 25

A Look At The Fair Value Of Sigma Solve Limited (NSE:SIGMA)

Key Insights The projected fair value for Sigma Solve is ₹48.30 based on 2 Stage Free Cash Flow to Equity With ₹56.69...
Analysis Article Sep 16

Sigma Solve Limited (NSE:SIGMA) Stock Rockets 26% But Many Are Still Ignoring The Company

Sigma Solve Limited ( NSE:SIGMA ) shareholders have had their patience rewarded with a 26% share price jump in the last...
Analysis Article May 26

Market Might Still Lack Some Conviction On Sigma Solve Limited (NSE:SIGMA) Even After 25% Share Price Boost

Sigma Solve Limited ( NSE:SIGMA ) shares have continued their recent momentum with a 25% gain in the last month alone...
Analysis Article Mar 25

Sigma Solve Limited (NSE:SIGMA) Screens Well But There Might Be A Catch

With a price-to-earnings (or "P/E") ratio of 15.6x Sigma Solve Limited ( NSE:SIGMA ) may be sending bullish signals at...
Analysis Article Jan 08

Do Sigma Solve's (NSE:SIGMA) Earnings Warrant Your Attention?

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Jun 06

There May Be Underlying Issues With The Quality Of Sigma Solve's (NSE:SIGMA) Earnings

Despite posting some strong earnings, the market for Sigma Solve Limited's ( NSE:SIGMA ) stock hasn't moved much. Our...
Analysis Article Apr 02

What You Can Learn From Sigma Solve Limited's (NSE:SIGMA) P/E

Sigma Solve Limited's ( NSE:SIGMA ) price-to-earnings (or "P/E") ratio of 33.7x might make it look like a sell right...
Analysis Article Oct 27

Here's Why Sigma Solve (NSE:SIGMA) Has Caught The Eye Of Investors

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Jul 27

Here's Why Sigma Solve (NSE:SIGMA) Has Caught The Eye Of Investors

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Apr 20

Calculating The Fair Value Of Sigma Solve Limited (NSE:SIGMA)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Sigma Solve fair value estimate is ₹187 Current share price of...
Analysis Article Dec 22

Estimating The Fair Value Of Sigma Solve Limited (NSE:SIGMA)

Key Insights Sigma Solve's estimated fair value is ₹233 based on 2 Stage Free Cash Flow to Equity Current share price...
Analysis Article Oct 28

If EPS Growth Is Important To You, Sigma Solve (NSE:SIGMA) Presents An Opportunity

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Jun 07

We Think Sigma Solve's (NSE:SIGMA) Profit Is Only A Baseline For What They Can Achieve

The subdued stock price reaction suggests that Sigma Solve Limited's ( NSE:SIGMA ) strong earnings didn't offer any...
Analysis Article May 18

Does Sigma Solve (NSE:SIGMA) Deserve A Spot On Your Watchlist?

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Analysis Article Nov 01

Market Participants Recognise Sigma Solve Limited's (NSE:SIGMA) Earnings

When close to half the companies in India have price-to-earnings ratios (or "P/E's") below 20x, you may consider Sigma...

Revenue & Expenses Breakdown

How Sigma Solve makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:SIGMA Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2695623900
31 Dec 2594525340
30 Sep 2589422940
30 Jun 2580820300
31 Mar 2576219140
31 Dec 2468917660
30 Sep 2465517960
30 Jun 2464816560
31 Mar 2465116160
31 Dec 2362113010
30 Sep 2360410910
30 Jun 2359812700
31 Mar 2355811850
31 Dec 2253094-270
30 Sep 2249386-540
30 Jun 2243487-270
31 Mar 224119010
31 Dec 213618440
30 Sep 213117870
30 Jun 212615540
31 Mar 212123110
31 Mar 201041520
31 Mar 1934310
31 Mar 1825210
31 Mar 1720010

Quality Earnings: SIGMA has high quality earnings.

Growing Profit Margin: SIGMA's current net profit margins (25%) are lower than last year (25.1%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SIGMA's earnings have grown significantly by 28.9% per year over the past 5 years.

Accelerating Growth: SIGMA's earnings growth over the past year (25.1%) is below its 5-year average (28.9% per year).

Earnings vs Industry: SIGMA earnings growth over the past year (25.1%) exceeded the IT industry 14.8%.


Return on Equity

High ROE: SIGMA's Return on Equity (31%) is considered high.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/17 16:38
End of Day Share Price 2026/06/17 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Sigma Solve Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.