SIGMA SOLVE LIMITED · CashKonnect

About

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 customers' business domain. It also provides Web and E-commerce development, real-time application and web development, business intelligence analytics, CRM development, digital marketing, UI and UX design, automation testing, quality assurance, and cloud solutions. In addition, the company offers various plugins, including MAGNETO, nopCommerce, PRESTASHOP, and WORDPRESS. Sigma Solve Limited was incorporated in 2010 and is based in Ahmedabad, India.

Key Metrics

as of Sep 2026

Market Cap481 Cr

P/E15.40

Div Yield1.07 %

Book Value₹7.50

52w High₹65.50

52w Low₹35.50

Face Value₹1.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	8.41	9.00	10.31	10.63	8.58	8.48	7.96	7.58	7.91	8.40	6.78	6.54	5.93
Expenses	6.36	7.05	7.42	7.90	7.18	6.24	6.31	5.57	5.87	5.69	5.59	5.63	4.95
Operating Profit	2.05	1.95	2.89	2.73	1.40	2.24	1.65	2.01	2.04	2.71	1.19	0.91	0.98
OPM %	24.38	21.67	28.03	25.68	16.32	26.42	20.73	26.52	25.79	32.26	17.55	13.91	16.53
Other Income	0.68	0.47	0.35	0.29	0.57	-0.13	0.14	0.34	0.43	0.21	0.28	0.22	0.26
Depreciation	0.19	0.20	0.24	0.22	0.21	0.24	0.24	0.22	0.22	0.26	0.25	0.24	0.05
Interest	0.04	0.05	0.06	0.18	0.07	0.07	0.08	0.17	0.09	0.10	0.10	0.11	0.01
Profit before tax	2.50	2.17	2.94	2.62	1.69	1.80	1.47	1.96	2.16	2.56	1.12	0.78	1.18
Tax %	24.40	13.82	35.37	26.72	26.04	21.67	26.53	25.51	24.07	25.78	26.79	28.21	22.03
Net Profit	1.89	1.87	1.90	1.93	1.25	1.40	1.08	1.45	1.63	1.91	0.82	0.56	0.93
EPS in Rs	0.18	0.18	0.18	0.19	0.12	0.14	0.11	0.14	0.16	0.19	0.08	0.05	0.09

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Sales	38.52	31.94	27.66	17.76	10.78	7.49	5.54	3.37	2.50	2.04	1.82	1.71
Expenses	29.54	23.99	21.90	15.24	9.73	6.41	4.72	2.95	2.23	1.77	1.62	1.56
Operating Profit	8.98	7.95	5.76	2.52	1.05	1.08	0.82	0.42	0.27	0.27	0.20	0.15
OPM %	23.31	24.89	20.82	14.19	9.74	14.42	14.80	12.46	10.80	13.24	10.99	8.77
Other Income	1.68	0.78	1.01	0.50	0.60	0.30	0.15	0.12	0.08	0.00	0.01	0.02
Interest	0.36	0.42	0.33	0.01	0.03	0.04	0.03	0.00	0.01	0.01	0.00	0.00
Depreciation	0.87	0.92	0.80	0.18	0.07	0.06	0.07	0.07	0.07	0.10	0.06	0.04
Profit before tax	9.43	7.39	5.64	2.83	1.55	1.28	0.87	0.47	0.27	0.16	0.15	0.13
Tax %	26.30	24.49	25.53	31.80	20.65	25.78	25.29	27.66	14.81	25.00	26.67	23.08
Net Profit	6.95	5.57	4.21	1.93	1.22	0.95	0.65	0.35	0.23	0.12	0.11	0.10
EPS in Rs	0.68	0.54	0.41	0.19	0.12	0.09	0.09	11.67	7.67	4.00	3.67	3.33
Dividend Payout %	0.00	9.23	12.21	26.63	16.84	21.63	0.00	0.00	0.00	0.00	0.00	0.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Equity Capital	10.28	10.28	10.28	10.28	4.11	4.11	3.01	0.01	0.01	0.01	0.01	0.01
Reserves	17.82	11.22	6.14	2.45	6.47	5.46	0.65	0.89	0.54	0.39	0.27	0.15
Borrowings	1.99	3.63	4.82	3.86	0.41	0.18	0.34	0.77	0.23	0.06	0.00	0.16
Other Liabilities	5.04	4.72	3.49	2.78	1.10	0.69	0.95	0.59	0.34	0.25	0.36	0.19
Total Liabilities	35.13	29.85	24.73	19.37	12.09	10.44	4.95	2.26	1.12	0.71	0.64	0.51
Fixed Assets	6.33	6.97	7.66	0.44	0.19	0.14	0.15	0.19	0.17	0.23	0.23	0.05
CWIP	0.00	0.00	0.00	6.58	0.00	0.01	0.01	0.00	0.00	0.00	0.00	0.13
Investments	5.59	5.56	5.31	4.62	8.32	7.87	2.98	1.31	0.57	0.20	0.24	0.23
Other Assets	23.21	17.32	11.76	7.73	3.58	2.42	1.81	0.76	0.38	0.28	0.17	0.10
Total Assets	35.13	29.85	24.73	19.37	12.09	10.44	4.95	2.26	1.12	0.71	0.64	0.51

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018
Cash from Operating Activity	11.07	13.26	1.66	1.20	0.35	0.07	0.29	0.30	0.26
Cash from Investing Activity	-2.61	-11.08	-2.33	-4.25	-0.04	-4.87	-1.85	-0.83	-0.38
Cash from Financing Activity	-2.56	-2.11	0.14	3.23	0.02	4.81	1.57	0.55	0.10
Net Cash Flow	5.90	0.07	-0.54	0.18	0.33	0.01	0.00	0.01	-0.02
Free Cash Flow	10.89	13.03	0.23	-5.82	0.23	0.03	0.25	0.21	0.25
CFO/OP %	148.00	182.00	49.00	67.00	70.00	39.00	61.00	93.00	119.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Debtor Days	0.28	32.23	111.24	101.73	104.62	89.67	96.19	73.65	45.26	32.21	18.05	4.27
Cash Conversion Cycle	0.28	32.23	111.24	101.73	104.62	89.67	96.19	73.65	45.26	32.21	18.05	4.27
Working Capital Days	-8.81	-15.54	53.31	41.72	62.30	51.66	16.47	-57.40	-17.52	-7.16	-46.13	-57.63
ROCE %	35.46	33.69	31.56	20.59	13.21	17.02	28.92	34.29	33.87	45.95	50.00	42.11

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	73.21	73.21	73.22	73.22	73.22	73.22	73.22	73.22	73.22	73.22	73.22	73.22
FIIs	0.00	0.00	0.03	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
DIIs	0.02	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Public	26.75	26.78	26.75	26.78	26.78	26.79	26.79	26.78	26.78	26.78	26.78	26.78
No. of Shareholders	18,679	18,750	18,486	13,153	14,171	14,831	15,093	15,220	15,547	15,397	12,726	9,574

Corporate Actions

5 records

Action	Ex Date	Record Date	Ratio	Amount (₹)	Notes
Split	06 Oct 2025	06 Oct 2025	10:1	—
Dividend	10 Sep 2025	10 Sep 2025	—	0.50
Dividend	13 Aug 2024	13 Aug 2024	—	0.50
Dividend	22 Sep 2023	22 Sep 2023	—	0.50
Other	22 Sep 2023	—	—	—	Annual General Meeting