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Sigma Solve Ltd (SIGMA)

₹408.10.13%

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Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹405.1
    ₹415
  • 52 Week's Low

    52 Week's High

    ₹341.1
    ₹570
1 Month Return-2.57 %
3 Month Return+ 0.2 %
1 Year Return+ 6.08 %
Previous Close₹407.55
Open₹409.90
Volume4,143.00
Upper Circuit-
Lower Circuit-
Market Cap₹418.86Cr

Key Statistics

P/E Ratio25.91
PEG Ratio3.71
Market Cap₹418.86 Cr
P/B Ratio15.83
EPS12.64

Company Information

Sigma Solve Private Limited was incorporated in April 2010 as an IT and IT enabled services company in Ahmedabad, Gujarat, India. It was founded by the Promoter, Mr. Prakash Parikh, to expand the business opportunities of Sigma Solve Inc., Florida, USA, owned by his son in law and son respectively. The company was later converted into a public limited company in June 2019 and now operates with the name Sigma Solve Limited. Its sole source of income is from the export of services, and the payments are channeled through Sigma Solve Inc., which has two offices in the USA (Florida and Atlanta) and Australia. The company provides a wide range of services, including enterprise software development, Web & Ecommerce Development, Business Intelligence Analytics, and UI & UX Design. Sigma Solve aims to achieve high efficiency levels and optimize resource utilization. They have invested substantially in equipping their technical team and analyze policies to identify and address avenues of improvement. As Smartphone/mobile devices become more widespread, the company is exploring new opportunities to develop applications and software for improved performance.

Share Price: ₹408.10 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹418.86Cr as of today
Revenue: ₹16.22Cr as on March 2024 (Q1 24)
Net Profit: ₹5.32Cr as on March 2024 (Q1 24)
Listing date: 19 Oct, 2020
Chairperson Name: Prakash Ratilal Parikh
OrganisationSigma Solve Ltd
HeadquartersAhmedabad
IndustryIT - Software
E-voting on sharesClick here to vote

Key events for Sigma Solve Ltd

  • Sigma Solve Ltd's Earnings Per Share Grows Impressive Rate - 06 Jun, 2024

    While Sigma Solve Limited's accrual ratio for the last twelve months signifies cash conversion is less than ideal, its earnings per share have grown at an extremely impressive rate over the last three years. It may be that Sigma Solve's statutory profits are better than its underlying earnings power.

  • Sigma Solve Ltd's ROE and Net Income Growth Look Promising - 04 Jun, 2024

    Despite a recent 12% drop in share price, Sigma Solve Ltd's high ROE of 36%, compared to the industry average of 15%, and net income growth over the past five years indicate promising financial performance. The company has also paid dividends for three years, showing its commitment to sharing profits with shareholders.

Insights on Sigma Solve Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, SIGMA has outperformed top 5 stocks with highest market-cap in IT Services & Consulting

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, 2.66 Cr → 5.32 Cr (in ₹), with an average increase of 27.9% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, HCL Technologies Ltd has given 43.6% return, outperforming this stock by 37.5%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 73.22% of holdings in Jun 2024 quarter

  • imgNO EFFECT

    Retail Holding Unchanged

    img

    Retail Investor holdings remained unchanged at 26.78% of holdings in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 6 months, SIGMA stock has moved down by -15.7%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 3 quarters, 17.54 Cr → 16.54 Cr (in ₹), with an average decrease of 2.9% per quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹16.22Cr
↓0.12%
Net Income
₹5.32Cr
↑15.90%
Net Profit Margin
32.80%
↑16.07%
2023Y/Y Change
Revenue
₹55.45Cr
↑34.95%
Net Income
₹15.28Cr
↑7.91%
Net Profit Margin
27.56%
↓20.02%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹18.88Cr
↑56.29%
Total Liabilities
₹6.59Cr
↑339.33%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹1.22Cr
↑248.57%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
73.22%
0.00
Foreign Institutions
0%
0.00
Mutual Funds
0%
0.00
Retail Investors
26.78%
0.00
Others
0%
0.00

Key Indicators

Sigma Solve Ltd Valuation

Sigma Solve Ltd in the last 5 years

  • Overview

  • Trends

Lowest (0.00x)

March 29, 2023

Today (25.91x)

July 23, 2024

Industry (38.04x)

July 23, 2024

Highest (44.79x)

October 19, 2023

LowHigh

Earnings and Dividends

  • Sigma Solve Ltd Earnings Results

    Sigma Solve Ltd’s net profit jumped 30.07% since last year same period to ₹5.32Cr in the Q4 2023-2024. On a quarterly growth basis, Sigma Solve Ltd has generated 15.9% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Sigma Solve Ltd Dividends August,2023

    In the quarter ending June 2023, Sigma Solve Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.12%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bearish

Sigma Solve Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Sigma Solve Ltd (SIGMA) share price today is ₹408.1

Sigma Solve Ltd is listed on NSE

Sigma Solve Ltd is listed on BSE

  • Today’s highest price of Sigma Solve Ltd is ₹415.
  • Today’s lowest price of Sigma Solve Ltd is ₹405.1.

PE Ratio of Sigma Solve Ltd is 25.91

PE ratio = Sigma Solve Ltd Market price per share / Sigma Solve Ltd Earnings per share

Today’s traded volume of Sigma Solve Ltd(SIGMA) is 4,143.00.

Today’s market capitalisation of Sigma Solve Ltd(SIGMA) is ₹418.86Cr.

Sigma Solve Ltd(SIGMAPrice
52 Week High
₹570
52 Week Low
₹341.1

Sigma Solve Ltd(SIGMA) share price is ₹408.1. It is down -28.40% from its 52 Week High price of ₹570

Sigma Solve Ltd(SIGMA) share price is ₹408.1. It is up 19.64% from its 52 Week Low price of ₹341.1

Sigma Solve Ltd(SIGMAReturns
1 Day Returns
0.55%
1 Month Returns
-2.57%
3 Month Returns
0.2%
1 Year Returns
6.08%