Sigma Advanced Systems Ltd.
•₹ 688.23.57%
2026-08-21
PROS
- Promoters have been increasing their shareholding - up 28.4pp over 2 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 2.63x)
- Company generates healthy free cash flow
CONS
- A large part of profit comes from other income (487.1% of PBT)
- Recent results are weak - TTM profit is down 48.0% versus prior year
- Company has a low return on equity of 5.4% over last 3 years
- Company has a low return on capital employed of 8.4%
- Interest coverage is weak at 1.5x - earnings barely cover interest
- Company's sales have been declining over the last five years
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | HAL | 4995.00 | 35.84 | 334053.11 | 0.90 | 1589.66 | 14.88 | 5515.17 | 14.45 | 31.99 | 27.89 |
| 2. | BEL | 408.70 | 48.61 | 298750.66 | 0.61 | 1054.53 | 8.82 | 5546.98 | 24.94 | 36.68 | 25.22 |
| 3. | BDL | 1311.30 | 0.00 | 48067.34 | 0.37 | 118.79 | 547.36 | 572.24 | 147.63 | 19.75 | 14.52 |
| 4. | DATAPATTNS | 4698.25 | 3419.80 | 26302.67 | 0.21 | 220.60 | 765.10 | 1160.30 | 1068.13 | 23.18 | 27.04 |
| 5. | AEQUS | 260.15 | 0.00 | 17447.37 | 0.00 | -532.28 | -6067.26 | 3955.45 | 1486.69 | 1.50 | 4.47 |
| 6. | ZENTEC | 1908.55 | 95.65 | 17232.86 | 0.05 | 31.85 | -39.99 | 141.64 | -10.48 | 16.83 | 27.13 |
| 7. | ASTRAMICRO | 1682.75 | 84.51 | 15976.87 | 0.14 | 12.35 | -24.12 | 176.66 | -11.55 | 19.18 | 20.40 |
| 8. | APOLLO | 386.70 | 118.44 | 14369.75 | 0.06 | 252.16 | 1325.84 | 2512.93 | 1781.17 | 14.05 | 21.38 |
| 9. | SIGMAADV | 665.20 | 83.18 | 12634.07 | 0.00 | 354.12 | 159.95 | 3742.77 | — | 9.66 | 15.54 |
| 10. | PARAS | 1502.60 | 128.21 | 12109.05 | 0.07 | 20.74 | 45.34 | 127.91 | 37.26 | 18.68 | 24.95 |
| 11. | UNIMECH | 1499.20 | 105.96 | 7631.23 | 0.00 | 27.86 | 45.70 | 107.62 | 70.85 | 12.10 | 36.35 |
| 12. | AXISCADES | 1600.65 | 187.36 | 6808.12 | 0.00 | -14.76 | -170.76 | 183.35 | -24.77 | 14.56 | 4.73 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0 | 0 | 19 | 57 | 0 | 0 | 29 | 106 | 413 | |
| 3 | 2 | 2 | 1 | 2 | 2 | 19 | 40 | 16 | 2 | 24 | 77 | 348 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 11 | 11 | 8 | 8 | 8 | 9 | 13 | 12 | 188 | 4 | 13 | 25 | 62 |
| Interest | 4 | 4 | 4 | 5 | 4 | 4 | 5 | 5 | 3 | 0 | 2 | 4 | 23 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 |
| 4 | 4 | 0 | 0 | 1 | 1 | 6 | 23 | 167 | 1 | 14 | 48 | 127 | |
| Tax % | 14.59% | 2.28% | 0.00% | 0.00% | 0.00% | 0.00% | 21.86% | 21.80% | 18.51% | 0.00% | 3.84% | 3.77% | 24.76% |
| Net Profit | 3 | 3 | 0 | 0 | 1 | 1 | 5 | 18 | 136 | 1 | 13 | 47 | 96 |
| 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 18 | 0 | 2 | 3 | 1 | |
| Equity Capital | 74 | 74 | 74 | 74 | 74 | 74 | 74 | 74 | 74 | 74 | 74 | 176 | 1,762 |
| Reserves | 98 | 101 | 102 | 102 | 103 | 103 | 0 | 0 | 275 | 276 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 74 | 74 | 74 | 74 | 74 | 74 | 74 | 74 | 74 | 74 | 74 | 176 | 1,762 |
| Reserves | 98 | 101 | 102 | 102 | 103 | 103 | 0 | 0 | 275 | 276 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 0
- 3
- Operating Profit
- —
- OPM %
- —
- Other Income
- 11
- Interest
- 4
- Depreciation
- 1
- 4
- Tax %
- 14.59%
- Net Profit
- 3
- 0
- Equity Capital
- 74
- Reserves
- 98
- Promoter Pledge %
- 0.00%
- Equity Capital
- 74
- Reserves
- 98
- Promoter Pledge %
- 0.00%
Sep 2023
- 0
- 2
- Operating Profit
- —
- OPM %
- —
- Other Income
- 11
- Interest
- 4
- Depreciation
- 1
- 4
- Tax %
- 2.28%
- Net Profit
- 3
- 0
- Equity Capital
- 74
- Reserves
- 101
- Promoter Pledge %
- 0.00%
- Equity Capital
- 74
- Reserves
- 101
- Promoter Pledge %
- 0.00%
Dec 2023
- 0
- 2
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 4
- Depreciation
- 1
- 0
- Tax %
- 0.00%
- Net Profit
- 0
- 0
- Equity Capital
- 74
- Reserves
- 102
- Promoter Pledge %
- 0.00%
- Equity Capital
- 74
- Reserves
- 102
- Promoter Pledge %
- 0.00%
Mar 2024
- 0
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 5
- Depreciation
- 1
- 0
- Tax %
- 0.00%
- Net Profit
- 0
- 0
- Equity Capital
- 74
- Reserves
- 102
- Promoter Pledge %
- 0.00%
- Equity Capital
- 74
- Reserves
- 102
- Promoter Pledge %
- 0.00%
Jun 2024
- 0
- 2
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 4
- Depreciation
- 1
- 1
- Tax %
- 0.00%
- Net Profit
- 1
- 0
- Equity Capital
- 74
- Reserves
- 103
- Promoter Pledge %
- 0.00%
- Equity Capital
- 74
- Reserves
- 103
- Promoter Pledge %
- 0.00%
Sep 2024
- 0
- 2
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 4
- Depreciation
- 1
- 1
- Tax %
- 0.00%
- Net Profit
- 1
- 0
- Equity Capital
- 74
- Reserves
- 103
- Promoter Pledge %
- 0.00%
- Equity Capital
- 74
- Reserves
- 103
- Promoter Pledge %
- 0.00%
Dec 2024
- 19
- 19
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 5
- Depreciation
- 1
- 6
- Tax %
- 21.86%
- Net Profit
- 5
- 1
- Equity Capital
- 74
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 74
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 57
- 40
- Operating Profit
- —
- OPM %
- —
- Other Income
- 12
- Interest
- 5
- Depreciation
- 1
- 23
- Tax %
- 21.80%
- Net Profit
- 18
- 1
- Equity Capital
- 74
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 74
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 0
- 16
- Operating Profit
- —
- OPM %
- —
- Other Income
- 188
- Interest
- 3
- Depreciation
- 1
- 167
- Tax %
- 18.51%
- Net Profit
- 136
- 18
- Equity Capital
- 74
- Reserves
- 275
- Promoter Pledge %
- 0.00%
- Equity Capital
- 74
- Reserves
- 275
- Promoter Pledge %
- 0.00%
Sep 2025
- 0
- 2
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 0
- Depreciation
- 1
- 1
- Tax %
- 0.00%
- Net Profit
- 1
- 0
- Equity Capital
- 74
- Reserves
- 276
- Promoter Pledge %
- 0.00%
- Equity Capital
- 74
- Reserves
- 276
- Promoter Pledge %
- 0.00%
Dec 2025
- 29
- 24
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 2
- Depreciation
- 1
- 14
- Tax %
- 3.84%
- Net Profit
- 13
- 2
- Equity Capital
- 74
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 74
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 106
- 77
- Operating Profit
- —
- OPM %
- —
- Other Income
- 25
- Interest
- 4
- Depreciation
- 1
- 48
- Tax %
- 3.77%
- Net Profit
- 47
- 3
- Equity Capital
- 176
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 176
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 413
- 348
- Operating Profit
- —
- OPM %
- —
- Other Income
- 62
- Interest
- 23
- Depreciation
- 10
- 127
- Tax %
- 24.76%
- Net Profit
- 96
- 1
- Equity Capital
- 1,762
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 1,762
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 30 | 31 | 29 | 24 | 20 | 16 | 14 | 2 | 0 | 0 | 548 | |
| 27 | 35 | 31 | 28 | 19 | 16 | 33 | 20 | 9 | 10 | 452 | |
| Operating Profit | 4 | 4 | -2 | 5 | 8 | 8 | 8 | 24 | 28 | 31 | — |
| OPM % | 13 | 12 | -6 | 23 | 38 | 46 | 58 | 1,226 | — | — | — |
| Other Income | 1 | 8 | 1 | 10 | 7 | 7 | 27 | 42 | 37 | 41 | 104 |
| Interest | 2 | 2 | 3 | 4 | 4 | 3 | 2 | 11 | 17 | 18 | 29 |
| Depreciation | 1 | 1 | 1 | 1 | 3 | 3 | 3 | 3 | 3 | 4 | 14 |
| 1 | 1 | -6 | 1 | 1 | 1 | 6 | 11 | 8 | 8 | 190 | |
| Tax % | 53 | -83 | 11 | 47 | -7 | -1 | 10 | 0 | 8 | 0 | 18 |
| Net Profit | 0 | 1 | -5 | 0 | 1 | 1 | 6 | 11 | 8 | 8 | 156 |
| EPS | 0 | 0 | -1 | 0 | 0 | 0 | 1 | 2 | 1 | 1 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 0 | 0 | -1 | 0 | 0 | 0 | 1 | 2 | 1 | 1 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 0 | 0 | -1 | 0 | 0 | 0 | 1 | 2 | 1 | 1 | — |
Mar 2016
- 30
- 27
- Operating Profit
- 4
- OPM %
- 13
- Other Income
- 1
- Interest
- 2
- Depreciation
- 1
- 1
- Tax %
- 53
- Net Profit
- 0
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2017
- 31
- 35
- Operating Profit
- 4
- OPM %
- 12
- Other Income
- 8
- Interest
- 2
- Depreciation
- 1
- 1
- Tax %
- -83
- Net Profit
- 1
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2018
- 29
- 31
- Operating Profit
- -2
- OPM %
- -6
- Other Income
- 1
- Interest
- 3
- Depreciation
- 1
- -6
- Tax %
- 11
- Net Profit
- -5
- EPS
- -1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
Mar 2019
- 24
- 28
- Operating Profit
- 5
- OPM %
- 23
- Other Income
- 10
- Interest
- 4
- Depreciation
- 1
- 1
- Tax %
- 47
- Net Profit
- 0
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2020
- 20
- 19
- Operating Profit
- 8
- OPM %
- 38
- Other Income
- 7
- Interest
- 4
- Depreciation
- 3
- 1
- Tax %
- -7
- Net Profit
- 1
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2021
- 16
- 16
- Operating Profit
- 8
- OPM %
- 46
- Other Income
- 7
- Interest
- 3
- Depreciation
- 3
- 1
- Tax %
- -1
- Net Profit
- 1
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2022
- 14
- 33
- Operating Profit
- 8
- OPM %
- 58
- Other Income
- 27
- Interest
- 2
- Depreciation
- 3
- 6
- Tax %
- 10
- Net Profit
- 6
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2023
- 2
- 20
- Operating Profit
- 24
- OPM %
- 1,226
- Other Income
- 42
- Interest
- 11
- Depreciation
- 3
- 11
- Tax %
- 0
- Net Profit
- 11
- EPS
- 2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2024
- 0
- 9
- Operating Profit
- 28
- OPM %
- —
- Other Income
- 37
- Interest
- 17
- Depreciation
- 3
- 8
- Tax %
- 8
- Net Profit
- 8
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2025
- 0
- 10
- Operating Profit
- 31
- OPM %
- —
- Other Income
- 41
- Interest
- 18
- Depreciation
- 4
- 8
- Tax %
- 0
- Net Profit
- 8
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
TTM
- 548
- 452
- Operating Profit
- —
- OPM %
- —
- Other Income
- 104
- Interest
- 29
- Depreciation
- 14
- 190
- Tax %
- 18
- Net Profit
- 156
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 30%
- 5 Years:
- 72%
- 3 Years:
- 15%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- —
RETURN ON EQUITY
- 10 Years:
- 2%
- 5 Years:
- 4%
- 3 Years:
- 5%
- Last Year:
- 5%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 44 | 44 | 44 | 44 | 44 | 44 | 74 | 74 | 74 | 74 |
| 101 | 102 | 97 | 103 | 104 | 105 | 111 | 122 | 130 | 138 | |
| 17 | 16 | 17 | 12 | 8 | 1 | 0 | 8 | 1 | 1 | |
| Trade Payables | 15 | 14 | 23 | 12 | 12 | 9 | 8 | 0 | 0 | 0 |
| 5 | 52 | 70 | 114 | 122 | 118 | 64 | 176 | 185 | 220 | |
| Total Liabilities | 182 | 228 | 252 | 286 | 290 | 278 | 256 | 380 | 389 | 433 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 61 | 55 | 13 | 105 | 135 | 138 | 185 | 179 | 187 | 200 | |
| Capital Work in Progress | 0 | 0 | 58 | 31 | 0 | 0 | 0 | 0 | 0 | 0 |
| 56 | 56 | 56 | 34 | 34 | 34 | 7 | 136 | 136 | 136 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cash & Bank | 3 | 1 | 0 | 1 | 0 | 1 | 34 | 3 | 18 | 9 |
| 63 | 116 | 125 | 115 | 121 | 105 | 31 | 61 | 48 | 88 | |
| Total Assets | 182 | 228 | 252 | 286 | 290 | 278 | 256 | 380 | 389 | 433 |
| Total Debt | 17 | 16 | 17 | 12 | 9 | 2 | 26 | 146 | 145 | 138 |
| Net Working Capital | 30 | 44 | -41 | -75 | -70 | -66 | 40 | 30 | 27 | -13 |
| Contingent Liabilities | 44 | 3 | 1 | 2 | 2 | 2 | 2 | 1 | 1 | 0 |
| Book Value per Share | 32.80 | 33.04 | 31.99 | 27.09 | 27.22 | 27.52 | 21.25 | 22.81 | 23.83 | 24.99 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 17 | 16 | 17 | 12 | 9 | 2 | 26 | 146 | 145 | 138 |
| Net Working Capital | 30 | 44 | -41 | -75 | -70 | -66 | 40 | 30 | 27 | -13 |
| Contingent Liabilities | 44 | 3 | 1 | 2 | 2 | 2 | 2 | 1 | 1 | 0 |
| Book Value per Share | 32.80 | 33.04 | 31.99 | 27.09 | 27.22 | 27.52 | 21.25 | 22.81 | 23.83 | 24.99 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2016
- Equity Capital
- 44
- 101
- 17
- Trade Payables
- 15
- 5
- Total Liabilities
- 182
- 61
- Capital Work in Progress
- 0
- 56
- 0
- Cash & Bank
- 3
- 63
- Total Assets
- 182
- Total Debt
- 17
- Net Working Capital
- 30
- Contingent Liabilities
- 44
- Book Value per Share
- 32.80
- Face Value
- 10.00
- Total Debt
- 17
- Net Working Capital
- 30
- Contingent Liabilities
- 44
- Book Value per Share
- 32.80
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 44
- 102
- 16
- Trade Payables
- 14
- 52
- Total Liabilities
- 228
- 55
- Capital Work in Progress
- 0
- 56
- 0
- Cash & Bank
- 1
- 116
- Total Assets
- 228
- Total Debt
- 16
- Net Working Capital
- 44
- Contingent Liabilities
- 3
- Book Value per Share
- 33.04
- Face Value
- 10.00
- Total Debt
- 16
- Net Working Capital
- 44
- Contingent Liabilities
- 3
- Book Value per Share
- 33.04
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 44
- 97
- 17
- Trade Payables
- 23
- 70
- Total Liabilities
- 252
- 13
- Capital Work in Progress
- 58
- 56
- 0
- Cash & Bank
- 0
- 125
- Total Assets
- 252
- Total Debt
- 17
- Net Working Capital
- -41
- Contingent Liabilities
- 1
- Book Value per Share
- 31.99
- Face Value
- 10.00
- Total Debt
- 17
- Net Working Capital
- -41
- Contingent Liabilities
- 1
- Book Value per Share
- 31.99
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 44
- 103
- 12
- Trade Payables
- 12
- 114
- Total Liabilities
- 286
- 105
- Capital Work in Progress
- 31
- 34
- 0
- Cash & Bank
- 1
- 115
- Total Assets
- 286
- Total Debt
- 12
- Net Working Capital
- -75
- Contingent Liabilities
- 2
- Book Value per Share
- 27.09
- Face Value
- 10.00
- Total Debt
- 12
- Net Working Capital
- -75
- Contingent Liabilities
- 2
- Book Value per Share
- 27.09
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 44
- 104
- 8
- Trade Payables
- 12
- 122
- Total Liabilities
- 290
- 135
- Capital Work in Progress
- 0
- 34
- 0
- Cash & Bank
- 0
- 121
- Total Assets
- 290
- Total Debt
- 9
- Net Working Capital
- -70
- Contingent Liabilities
- 2
- Book Value per Share
- 27.22
- Face Value
- 10.00
- Total Debt
- 9
- Net Working Capital
- -70
- Contingent Liabilities
- 2
- Book Value per Share
- 27.22
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 44
- 105
- 1
- Trade Payables
- 9
- 118
- Total Liabilities
- 278
- 138
- Capital Work in Progress
- 0
- 34
- 0
- Cash & Bank
- 1
- 105
- Total Assets
- 278
- Total Debt
- 2
- Net Working Capital
- -66
- Contingent Liabilities
- 2
- Book Value per Share
- 27.52
- Face Value
- 10.00
- Total Debt
- 2
- Net Working Capital
- -66
- Contingent Liabilities
- 2
- Book Value per Share
- 27.52
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 74
- 111
- 0
- Trade Payables
- 8
- 64
- Total Liabilities
- 256
- 185
- Capital Work in Progress
- 0
- 7
- 0
- Cash & Bank
- 34
- 31
- Total Assets
- 256
- Total Debt
- 26
- Net Working Capital
- 40
- Contingent Liabilities
- 2
- Book Value per Share
- 21.25
- Face Value
- 10.00
- Total Debt
- 26
- Net Working Capital
- 40
- Contingent Liabilities
- 2
- Book Value per Share
- 21.25
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 74
- 122
- 8
- Trade Payables
- 0
- 176
- Total Liabilities
- 380
- 179
- Capital Work in Progress
- 0
- 136
- 0
- Cash & Bank
- 3
- 61
- Total Assets
- 380
- Total Debt
- 146
- Net Working Capital
- 30
- Contingent Liabilities
- 1
- Book Value per Share
- 22.81
- Face Value
- 10.00
- Total Debt
- 146
- Net Working Capital
- 30
- Contingent Liabilities
- 1
- Book Value per Share
- 22.81
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 74
- 130
- 1
- Trade Payables
- 0
- 185
- Total Liabilities
- 389
- 187
- Capital Work in Progress
- 0
- 136
- 0
- Cash & Bank
- 18
- 48
- Total Assets
- 389
- Total Debt
- 145
- Net Working Capital
- 27
- Contingent Liabilities
- 1
- Book Value per Share
- 23.83
- Face Value
- 10.00
- Total Debt
- 145
- Net Working Capital
- 27
- Contingent Liabilities
- 1
- Book Value per Share
- 23.83
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 74
- 138
- 1
- Trade Payables
- 0
- 220
- Total Liabilities
- 433
- 200
- Capital Work in Progress
- 0
- 136
- 0
- Cash & Bank
- 9
- 88
- Total Assets
- 433
- Total Debt
- 138
- Net Working Capital
- -13
- Contingent Liabilities
- 0
- Book Value per Share
- 24.99
- Face Value
- 10.00
- Total Debt
- 138
- Net Working Capital
- -13
- Contingent Liabilities
- 0
- Book Value per Share
- 24.99
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 6 | 3 | 18 | 48 | 7 | 11 | 23 | 13 | 23 | 37 | |
| Cash from Investing | -3 | -2 | -16 | -39 | -1 | -1 | -42 | -147 | 10 | -19 |
| Cash from Financing | -2 | -2 | -2 | -9 | -7 | -10 | 51 | 103 | -17 | -26 |
| 0 | -2 | -0 | 1 | -1 | 0 | 32 | -30 | 15 | -8 | |
| Free Cash Flow | -7 | 3 | 2 | -18 | 5 | 5 | -13 | 13 | 11 | 20 |
| OCF / Net Profit | 13.82 | 2.20 | -3.70 | 116.60 | 12.78 | 7.83 | 4.12 | 1.12 | 2.98 | 4.38 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -16 | -5 | -20 | -9 | 21 | 36 |
| OCF / Net Profit | 13.82 | 2.20 | -3.70 | 116.60 | 12.78 | 7.83 | 4.12 | 1.12 | 2.98 | 4.38 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -16 | -5 | -20 | -9 | 21 | 36 |
Mar 2016
- 6
- Cash from Investing
- -3
- Cash from Financing
- -2
- 0
- Free Cash Flow
- -7
- OCF / Net Profit
- 13.82
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 13.82
- Cumulative 5-Year FCF
- 0
Mar 2017
- 3
- Cash from Investing
- -2
- Cash from Financing
- -2
- -2
- Free Cash Flow
- 3
- OCF / Net Profit
- 2.20
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.20
- Cumulative 5-Year FCF
- 0
Mar 2018
- 18
- Cash from Investing
- -16
- Cash from Financing
- -2
- -0
- Free Cash Flow
- 2
- OCF / Net Profit
- -3.70
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -3.70
- Cumulative 5-Year FCF
- 0
Mar 2019
- 48
- Cash from Investing
- -39
- Cash from Financing
- -9
- 1
- Free Cash Flow
- -18
- OCF / Net Profit
- 116.60
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 116.60
- Cumulative 5-Year FCF
- 0
Mar 2020
- 7
- Cash from Investing
- -1
- Cash from Financing
- -7
- -1
- Free Cash Flow
- 5
- OCF / Net Profit
- 12.78
- Cumulative 5-Year FCF
- -16
- OCF / Net Profit
- 12.78
- Cumulative 5-Year FCF
- -16
Mar 2021
- 11
- Cash from Investing
- -1
- Cash from Financing
- -10
- 0
- Free Cash Flow
- 5
- OCF / Net Profit
- 7.83
- Cumulative 5-Year FCF
- -5
- OCF / Net Profit
- 7.83
- Cumulative 5-Year FCF
- -5
Mar 2022
- 23
- Cash from Investing
- -42
- Cash from Financing
- 51
- 32
- Free Cash Flow
- -13
- OCF / Net Profit
- 4.12
- Cumulative 5-Year FCF
- -20
- OCF / Net Profit
- 4.12
- Cumulative 5-Year FCF
- -20
Mar 2023
- 13
- Cash from Investing
- -147
- Cash from Financing
- 103
- -30
- Free Cash Flow
- 13
- OCF / Net Profit
- 1.12
- Cumulative 5-Year FCF
- -9
- OCF / Net Profit
- 1.12
- Cumulative 5-Year FCF
- -9
Mar 2024
- 23
- Cash from Investing
- 10
- Cash from Financing
- -17
- 15
- Free Cash Flow
- 11
- OCF / Net Profit
- 2.98
- Cumulative 5-Year FCF
- 21
- OCF / Net Profit
- 2.98
- Cumulative 5-Year FCF
- 21
Mar 2025
- 37
- Cash from Investing
- -19
- Cash from Financing
- -26
- -8
- Free Cash Flow
- 20
- OCF / Net Profit
- 4.38
- Cumulative 5-Year FCF
- 36
- OCF / Net Profit
- 4.38
- Cumulative 5-Year FCF
- 36
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 0.10 | 0.26 | -1.12 | 0.09 | 0.13 | 0.31 | 0.76 | 1.56 | 1.02 | 1.15 |
| Book Value (₹) | 32.80 | 33.04 | 31.99 | 27.09 | 27.22 | 27.52 | 21.25 | 22.81 | 23.83 | 24.99 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 0.24 | 0.41 | -0.97 | 0.32 | 0.90 | 1.09 | 1.22 | 1.94 | 1.46 | 1.75 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 13.08% | 11.66% | -5.80% | 23.24% | 37.52% | 45.85% | 58.38% | 1226.03% | 0.00% | 0.00% |
| Net Margin % | 1.40% | 3.67% | -17.32% | 1.74% | 2.74% | 8.43% | 39.57% | 582.36% | 0.00% | 0.00% |
| ROE % | 0.26% | 0.78% | -3.43% | 0.31% | 0.46% | 1.15% | 4.01% | 7.06% | 4.39% | 4.71% |
| ROCE % | 1.87% | 1.82% | -1.44% | 3.10% | 3.20% | 3.25% | 5.39% | 9.01% | 7.95% | 8.30% |
| 0.22% | 0.56% | -2.06% | 0.15% | 0.19% | 0.49% | 2.09% | 3.61% | 1.97% | 2.06% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 568 | 405 | 536 | 663 | 743 | 807 | 481 | 0 | 0 | 0 |
| Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 568 | 405 | 536 | 663 | 743 | 807 | 481 | 0 | 0 | 0 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.12x | 0.11x | 0.12x | 0.10x | 0.07x | 0.02x | 0.17x | 0.87x | 0.83x | 0.75x |
| Interest Coverage (x) | 1.37x | 1.27x | -0.72x | 1.21x | 1.14x | 1.50x | 4.01x | 2.05x | 1.48x | 1.47x |
| 1.87x | 1.62x | 0.59x | 0.41x | 0.45x | 0.38x | 2.66x | 2.28x | 2.03x | 0.81x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -43.72% | 3.36% | -8.16% | -17.10% | -13.93% | -19.06% | -14.32% | -86.03% | -100.00% | 0.00% |
| Operating Profit Growth % | -37.82% | -7.88% | -145.71% | 431.93% | 38.97% | -1.09% | 9.09% | 193.38% | 17.73% | 9.52% |
| Net Profit Growth % | -31.49% | 170.09% | -533.80% | 108.33% | 35.43% | 149.20% | 301.95% | 105.62% | -34.13% | 12.10% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -34.13% | 12.10% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 87.17x | 44.29x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 3.75x | 2.04x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 27.65x | 16.18x |
Mar 2016
- EPS (₹)
- 0.10
- Book Value (₹)
- 32.80
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.24
- Operating Margin %
- 13.08%
- Net Margin %
- 1.40%
- ROE %
- 0.26%
- ROCE %
- 1.87%
- 0.22%
- Debtor Days
- 568
- Inventory Days
- 0
- Payable Days
- 0
- 568
- Debt to Equity (x)
- 0.12x
- Interest Coverage (x)
- 1.37x
- 1.87x
- Revenue Growth %
- -43.72%
- Operating Profit Growth %
- -37.82%
- Net Profit Growth %
- -31.49%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 0.26
- Book Value (₹)
- 33.04
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.41
- Operating Margin %
- 11.66%
- Net Margin %
- 3.67%
- ROE %
- 0.78%
- ROCE %
- 1.82%
- 0.56%
- Debtor Days
- 405
- Inventory Days
- 0
- Payable Days
- 0
- 405
- Debt to Equity (x)
- 0.11x
- Interest Coverage (x)
- 1.27x
- 1.62x
- Revenue Growth %
- 3.36%
- Operating Profit Growth %
- -7.88%
- Net Profit Growth %
- 170.09%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- -1.12
- Book Value (₹)
- 31.99
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.97
- Operating Margin %
- -5.80%
- Net Margin %
- -17.32%
- ROE %
- -3.43%
- ROCE %
- -1.44%
- -2.06%
- Debtor Days
- 536
- Inventory Days
- 0
- Payable Days
- 0
- 536
- Debt to Equity (x)
- 0.12x
- Interest Coverage (x)
- -0.72x
- 0.59x
- Revenue Growth %
- -8.16%
- Operating Profit Growth %
- -145.71%
- Net Profit Growth %
- -533.80%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 0.09
- Book Value (₹)
- 27.09
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.32
- Operating Margin %
- 23.24%
- Net Margin %
- 1.74%
- ROE %
- 0.31%
- ROCE %
- 3.10%
- 0.15%
- Debtor Days
- 663
- Inventory Days
- 0
- Payable Days
- 0
- 663
- Debt to Equity (x)
- 0.10x
- Interest Coverage (x)
- 1.21x
- 0.41x
- Revenue Growth %
- -17.10%
- Operating Profit Growth %
- 431.93%
- Net Profit Growth %
- 108.33%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 0.13
- Book Value (₹)
- 27.22
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.90
- Operating Margin %
- 37.52%
- Net Margin %
- 2.74%
- ROE %
- 0.46%
- ROCE %
- 3.20%
- 0.19%
- Debtor Days
- 743
- Inventory Days
- 0
- Payable Days
- 0
- 743
- Debt to Equity (x)
- 0.07x
- Interest Coverage (x)
- 1.14x
- 0.45x
- Revenue Growth %
- -13.93%
- Operating Profit Growth %
- 38.97%
- Net Profit Growth %
- 35.43%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 0.31
- Book Value (₹)
- 27.52
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.09
- Operating Margin %
- 45.85%
- Net Margin %
- 8.43%
- ROE %
- 1.15%
- ROCE %
- 3.25%
- 0.49%
- Debtor Days
- 807
- Inventory Days
- 0
- Payable Days
- 0
- 807
- Debt to Equity (x)
- 0.02x
- Interest Coverage (x)
- 1.50x
- 0.38x
- Revenue Growth %
- -19.06%
- Operating Profit Growth %
- -1.09%
- Net Profit Growth %
- 149.20%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 0.76
- Book Value (₹)
- 21.25
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.22
- Operating Margin %
- 58.38%
- Net Margin %
- 39.57%
- ROE %
- 4.01%
- ROCE %
- 5.39%
- 2.09%
- Debtor Days
- 481
- Inventory Days
- 0
- Payable Days
- 0
- 481
- Debt to Equity (x)
- 0.17x
- Interest Coverage (x)
- 4.01x
- 2.66x
- Revenue Growth %
- -14.32%
- Operating Profit Growth %
- 9.09%
- Net Profit Growth %
- 301.95%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 1.56
- Book Value (₹)
- 22.81
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.94
- Operating Margin %
- 1226.03%
- Net Margin %
- 582.36%
- ROE %
- 7.06%
- ROCE %
- 9.01%
- 3.61%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 0.87x
- Interest Coverage (x)
- 2.05x
- 2.28x
- Revenue Growth %
- -86.03%
- Operating Profit Growth %
- 193.38%
- Net Profit Growth %
- 105.62%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 1.02
- Book Value (₹)
- 23.83
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.46
- Operating Margin %
- 0.00%
- Net Margin %
- 0.00%
- ROE %
- 4.39%
- ROCE %
- 7.95%
- 1.97%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 0.83x
- Interest Coverage (x)
- 1.48x
- 2.03x
- Revenue Growth %
- -100.00%
- Operating Profit Growth %
- 17.73%
- Net Profit Growth %
- -34.13%
- -34.13%
- P/E (x)
- 87.17x
- P/B (x)
- 3.75x
- Dividend Yield %
- 0.00%
- 27.65x
Mar 2025
- EPS (₹)
- 1.15
- Book Value (₹)
- 24.99
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.75
- Operating Margin %
- 0.00%
- Net Margin %
- 0.00%
- ROE %
- 4.71%
- ROCE %
- 8.30%
- 2.06%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 0.75x
- Interest Coverage (x)
- 1.47x
- 0.81x
- Revenue Growth %
- 0.00%
- Operating Profit Growth %
- 9.52%
- Net Profit Growth %
- 12.10%
- 12.10%
- P/E (x)
- 44.29x
- P/B (x)
- 2.04x
- Dividend Yield %
- 0.00%
- 16.18x
Documents
Announcements
- Press Release
2026-08-17 - SIGMA ADVANCED SYSTEMS LIMITED has informed the Exchange regarding a press release dated August 17, 2026, titled "Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015 - Media Release - "India becomes the First Country to establish Anti-Drone Patrolling of Border and Urban areas. Indrajaal Ranger secures ₹155 Crore orders from Home Ministry, taking Counter-Drone Security Beyond Military Installations, to Border Villages, VVIP Routes and City Streets"".
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-17 - SIGMA ADVANCED SYSTEMS LIMITED has informed the Exchange about Schedule of meet - Intimation of Schedule of Analysts/Institutional Investors Meeting under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Annual Reports
Credit Ratings
Nothing filed yet.