SIGMA ADVANCED SYSTEMS LIMITED

NSE: SIGMAADV · Capital Goods

₹909.25-2.25%06 Nov 2026

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Instant answers about SIGMA ADVANCED SYSTEMS LIMITED — computed from its filings, no language model

Market cap₹10,811 cr

Current price₹909.25

High / Low₹1,131 / ₹144

P/E71.4

P/B23.08

Book value₹39.4

ROE32.3%

ROCE26.1%

Debt / equity0.64

Dividend yield—

EPS (TTM)₹12.73

Face value₹10

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 9 periods

	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	66.3	61.9	56.7	59.4	52.4	2.0	0.0	0.0	491.9
EBITDA	9.6	2.0	5.4	4.1	-18.3	-17.7	-8.9	-10.4	47.9
Operating margin	14.5%	3.2%	9.5%	6.9%	-35.0%	-898.5%	—	—	9.7%
Interest	5.2	6.2	6.8	5.5	2.9	10.9	17.1	18.2	19.7
Depreciation	4.3	3.8	4.4	3.6	3.6	2.8	3.2	4.5	14.5
Profit before tax	1.1	0.7	0.7	1.9	5.2	11.4	8.2	8.4	299.0
Tax	-0.6	0.4	-0.0	0.0	0.6	0.0	0.6	0.0	33.4
Net profit	0.0	0.0	0.7	0.0	0.0	8.8	-12.8	0.0	268.0
EPS ₹	0.45	0.08	0.16	0.42	0.74	1.20	-1.73	-4.06	15.21
Operating cash flow	—	—	—	—	16.5	12.7	41.7	40.3	34.4
Capex	—	—	—	—	0.0	1.5	11.2	17.3	69.0
Dividend paid	—	—	—	—	0.0	0.0	0.0	0.0	0.0
Total assets	—	—	—	—	—	376.8	365.9	364.4	1,059.1
Equity	—	—	—	—	—	193.3	180.6	143.7	468.4

Quarterly performance

last 34 quarters · ₹ crore

showing latest 8 of 34 periods

	MAR '18	JUN '18	SEP '18	DEC '18	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26
Revenue	15.9	14.1	14.2	14.8	18.8	12.6	12.3	16.3	15.6	13.5	15.4	15.1	15.4	12.7	12.7	13.4	13.7	2.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	145.7	322.8	374.3
Operating profit	3.8	1.2	0.8	2.3	-3.2	2.8	1.4	2.6	-1.4	1.8	1.9	1.4	-1.0	-0.2	-3.2	-1.2	-13.7	-5.3	-6.0	-3.4	-3.0	-2.6	-2.5	-2.4	-1.4	-1.8	-2.1	-3.3	-3.1	-16.0	-2.0	6.7	55.2	60.9
Operating margin	24.0%	8.4%	5.4%	15.6%	-17.1%	22.5%	11.0%	16.1%	-9.1%	13.6%	12.6%	9.0%	-6.7%	-1.8%	-25.2%	-9.0%	-100.1%	-271.1%	—	—	—	—	—	—	—	—	—	—	—	—	—	4.6%	17.1%	16.3%
Other income	0.3	1.7	1.2	0.2	6.4	1.0	2.0	1.9	1.6	1.5	1.3	1.3	2.8	3.8	5.0	3.8	14.2	8.0	11.3	11.4	11.1	11.2	10.8	7.7	7.6	7.6	8.6	12.7	12.7	187.5	3.6	13.7	90.6	5.0
Interest	1.4	1.4	1.5	1.4	1.9	1.5	1.9	2.0	1.4	1.3	1.4	1.4	1.4	1.1	0.6	0.5	0.8	0.7	2.4	3.5	4.3	4.2	4.1	4.2	4.5	4.2	4.5	4.6	4.9	3.4	0.1	5.3	10.5	7.6
Depreciation	0.6	0.9	1.0	0.9	0.9	1.4	1.3	1.3	0.4	1.2	1.1	1.0	0.3	0.8	0.9	0.8	1.1	0.9	0.6	0.7	0.7	0.7	0.7	0.7	1.2	1.0	1.1	1.2	1.2	0.8	0.9	5.9	6.6	7.5
Profit before tax	2.1	0.5	-0.5	0.2	0.4	1.0	0.1	1.1	-1.6	0.8	0.7	0.2	0.1	1.6	0.3	1.3	2.1	2.0	2.3	3.9	3.2	3.8	3.5	0.5	0.5	0.5	0.9	3.6	3.4	167.2	0.6	0.1	127.4	49.2
Tax	0.0	0.0	0.0	0.0	0.4	0.0	0.0	0.0	-0.0	0.0	0.0	0.1	-0.1	0.0	0.0	0.0	0.6	0.0	0.0	0.0	0.0	0.6	0.1	0.0	0.0	0.0	0.0	0.0	0.0	31.0	0.0	0.6	1.8	11.1
Net profit	0.0	0.0	0.0	0.0	0.0	1.0	0.0	1.1	-1.6	0.0	0.0	0.0	0.0	1.6	0.0	0.0	0.0	0.0	2.3	2.1	2.5	3.5	0.0	0.0	-8.1	-16.8	-14.3	0.0	0.0	0.0	0.0	-1.0	128.4	23.9
EPS ₹	0.48	0.12	-0.10	0.05	0.01	0.23	0.03	0.26	-0.35	0.17	0.17	0.04	0.04	0.37	0.32	0.17	0.20	0.27	0.31	0.28	0.44	0.44	-0.44	-0.65	-1.10	-2.27	-1.93	0.79	-0.65	18.47	0.08	-0.14	7.29	2.01
Revenue YoY	—	—	—	—	18.4%	-10.9%	-13.1%	9.9%	-17.1%	7.5%	24.9%	-7.1%	-1.2%	-6.3%	-17.6%	-11.3%	-11.3%	-84.4%	-100.0%	-100.0%	-100.0%	-100.0%	—	—	—	—	—	—	—	—	—	—	—	—
Profit YoY	—	—	—	—	—	—	—	—	—	-100.0%	—	-100.0%	—	—	—	—	—	-100.0%	—	—	—	—	-100.0%	-100.0%	-424.3%	-585.0%	—	—	—	—	—	—	—	—

Earlier results (standalone, Sep '07 – Dec '17)

₹ crore · from BSE, before the NSE XBRL filings begin

SIGMA ADVANCED SYSTEMS LIMITED reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 9 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†
Revenue	146.0	86.0	60.2	49.2	45.2	53.4	39.2	30.0	31.1
Operating profit	—	46.2	18.9	9.2	6.5	9.5	3.9	3.1	-4.5
Operating margin	—	53.7%	31.4%	18.7%	14.3%	17.8%	10.0%	10.3%	-14.4%
Other income	—	-25.0	1.9	8.4	1.7	3.6	1.0	0.9	6.9
Interest	—	12.0	6.2	2.0	4.8	4.1	2.5	2.4	—
Depreciation	—	12.2	5.4	3.8	3.4	2.7	2.3	0.6	0.7
Profit before tax	13.5	-3.0	5.4	6.9	-0.2	3.1	-0.1	0.9	0.5
Tax	4.4	-4.0	0.2	0.6	0.4	0.3	-0.6	0.5	-0.5
Net profit	9.1	1.1	5.2	6.3	-0.6	2.8	0.5	0.4	1.0

Quarters

showing latest 8 of 42 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†
Revenue	21.2	43.8	32.5	36.7	32.2	53.8	23.3	25.1	26.0	19.4	15.5	14.4	13.5	18.9	13.3	13.1	11.4	12.2	12.4	12.2	10.2	11.3	11.4	9.6	12.1	17.5	14.2	10.8	10.2	7.6	10.5	7.6	7.5	6.7	8.3	6.5	8.1	12.7	3.7	4.6	2.9	14.6
Operating profit	10.7	10.2	—	—	12.6	-3.3	10.4	12.2	13.0	12.2	8.9	5.4	5.3	4.4	3.8	2.9	1.7	2.3	2.3	1.4	1.5	0.3	3.3	1.8	1.6	4.2	1.9	1.7	1.4	0.5	0.2	0.7	0.6	0.4	1.4	0.9	0.6	-1.4	-4.6	-1.8	-2.8	1.2
Operating margin	50.3%	23.3%	—	—	39.0%	-6.1%	44.6%	48.6%	49.9%	62.7%	57.3%	37.3%	39.6%	23.4%	28.3%	22.2%	14.9%	18.8%	18.3%	11.3%	14.5%	2.8%	28.7%	19.0%	13.2%	24.0%	13.2%	15.5%	14.1%	7.1%	2.3%	9.1%	8.2%	6.0%	16.8%	14.0%	7.1%	-10.7%	-123.3%	-39.7%	-95.6%	8.4%
Other income	-4.0	-4.1	2.8	6.7	0.1	0.0	—	-4.1	-3.9	-12.5	-4.5	0.6	0.6	0.8	-0.1	-0.1	0.4	6.9	1.1	1.2	-0.3	1.1	-0.3	0.6	0.7	2.7	-0.3	-0.1	-0.0	0.3	0.8	0.2	0.2	0.2	0.2	0.1	7.3	-0.0	-0.5	0.3	0.2	0.1
Interest	1.2	1.0	—	—	2.5	2.9	3.5	4.3	3.5	2.1	2.1	1.5	1.5	1.8	1.3	0.4	0.6	0.5	0.5	0.6	0.7	1.6	1.9	1.3	1.2	1.0	0.6	0.6	0.7	0.7	0.6	0.6	0.5	0.6	0.7	0.5	0.2	0.5	—	0.7	0.8	0.7
Depreciation	4.9	5.0	—	—	4.2	4.0	3.5	3.1	3.0	4.7	1.4	1.3	1.3	1.7	1.1	1.1	1.0	0.9	0.8	0.8	0.9	0.8	0.8	0.4	0.6	0.9	0.8	0.8	0.6	0.4	0.5	0.1	0.2	0.2	0.2	0.1	0.2	0.2	0.2	0.2	0.2	0.2
Profit before tax	0.7	0.1	7.8	14.1	6.1	-10.1	3.4	0.7	2.5	-7.1	0.9	3.2	3.1	-2.2	1.3	0.4	0.5	3.9	2.1	1.2	-0.4	-1.3	0.3	0.7	0.4	1.7	0.2	0.2	0.2	-0.3	-0.2	0.1	0.1	-0.1	0.8	0.3	7.6	-2.1	-5.3	-2.4	-3.6	0.4
Tax	-0.8	2.5	1.8	0.5	0.5	2.7	0.7	0.2	0.2	-4.0	-0.4	0.5	0.5	-0.8	0.1	0.1	0.1	0.2	0.0	0.1	-0.1	0.4	0.0	0.0	0.0	0.1	0.1	-0.1	-0.0	0.0	-0.5	-0.1	0.0	-0.1	0.8	0.1	0.0	0.0	-0.6	0.0	0.0	0.0
Net profit	1.4	-2.4	6.0	13.6	5.6	-12.8	2.7	0.5	2.3	-3.1	1.4	2.7	2.6	-1.4	1.2	0.2	0.4	3.7	2.0	1.1	-0.3	-1.7	0.3	0.6	0.4	1.6	0.1	0.3	0.2	-0.3	0.3	0.3	0.1	-0.0	0.0	0.2	7.6	-2.1	-4.7	-2.4	-3.6	0.4
EPS ₹	0.33	0.11	1.36	3.08	1.26	-2.62	0.61	0.12	0.52	-0.70	0.31	0.60	0.60	-0.31	0.28	0.06	0.09	0.83	0.46	0.25	-0.07	-0.38	0.06	0.14	0.10	0.36	0.03	0.06	0.04	-0.06	0.07	0.06	0.03	—	—	0.05	1.71	-0.47	-1.06	-0.55	-0.82	0.10
Revenue YoY	—	—	—	—	52.0%	22.8%	-28.4%	-31.7%	-19.4%	-64.0%	-33.3%	-42.5%	-48.1%	-2.3%	-14.1%	-9.1%	-15.3%	-35.6%	-6.9%	-7.2%	-10.5%	-7.0%	-7.9%	-21.3%	18.1%	54.4%	24.2%	13.2%	-15.3%	-56.9%	-25.8%	-30.1%	-27.1%	-11.9%	-20.8%	-14.0%	9.1%	90.1%	-55.2%	-29.2%	-64.0%	15.3%
Profit YoY	—	—	—	—	290.9%	—	-54.7%	-96.1%	-59.4%	—	-50.0%	403.8%	15.9%	—	-9.6%	-91.4%	-85.9%	—	65.9%	378.3%	-178.4%	-145.3%	-86.8%	-44.5%	—	—	-44.4%	-55.7%	-59.1%	-116.4%	93.3%	3.7%	-16.7%	—	-93.1%	-17.9%	4940.0%	—	-23600.0%	-1152.2%	-147.9%	—

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 31 periods

	DEC '18	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26
ROE	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	1.2%	2.3%	3.5%	5.3%	4.1%	3.1%	-2.6%	-13.8%	-26.2%	-26.2%	-21.6%	-9.9%	0.0%	-0.4%	27.2%	32.3%
ROCE	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	3.5%	5.2%	6.6%	8.1%	8.9%	8.1%	7.8%	6.8%	6.8%	8.0%	9.5%	68.6%	67.0%	66.0%	40.9%	26.1%
Net margin	0.0%	0.0%	1.7%	1.7%	3.6%	1.1%	-0.7%	-0.7%	-2.6%	0.0%	2.8%	2.9%	3.0%	3.1%	0.0%	7.9%	27.7%	347.7%	—	—	—	—	—	—	—	—	—	—	-0.7%	27.2%	18.0%
EBITDA margin	13.7%	1.7%	4.5%	5.6%	6.0%	9.5%	7.6%	8.2%	6.2%	6.9%	3.5%	-5.5%	-10.5%	-34.9%	-56.1%	-90.4%	-181.6%	-898.5%	—	—	—	—	—	—	—	—	—	—	-9.8%	9.4%	14.3%
Debt / equity	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0.79	0.79	0.75	0.75	0.76	0.76	0.80	0.80	0.95	0.95	0.95	0.95	0.00	0.00	0.64	0.64
Interest coverage	1.43	1.12	1.19	1.27	1.37	1.10	1.06	1.17	1.03	1.34	1.52	1.50	1.92	2.78	3.14	2.74	2.38	2.04	1.92	1.90	1.65	1.48	1.29	1.13	1.31	1.46	11.06	14.38	13.43	16.20	8.52
Asset turnover	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0.08	0.04	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.48	0.44	0.80

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 8 periods

	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26
Share capital	73.8	73.8	73.8	73.8	73.8	73.8	73.8	176.2
Other equity / reserves	115.0	119.6	119.8	106.8	75.8	69.9	206.7	292.2
Total equity	188.8	193.3	193.5	180.6	149.5	143.7	280.5	468.4
Borrowings	149.2	145.8	148.0	144.7	142.6	137.0	0.0	300.4
Current liabilities	23.8	23.2	24.2	25.9	69.5	68.3	19.9	455.0
Non-current liabilities	163.0	160.3	162.2	159.4	154.8	152.4	4.3	135.7
Total assets	375.5	376.8	379.9	365.9	373.8	364.4	304.7	1,059.1
Property, plant & equipment	179.0	179.2	178.0	187.2	196.7	200.0	25.8	258.8
Capital work-in-progress	—	—	—	—	—	—	—	9.2
Investments	44.1	132.8	126.3	112.5	80.0	67.1	163.4	10.5
Inventories	0.0	0.0	0.0	0.0	0.0	0.0	0.0	193.3
Receivables	0.0	0.0	0.0	0.0	0.0	0.0	0.0	363.4
Cash & equivalents	16.6	2.3	0.5	17.1	8.4	9.2	13.2	20.8

Cash flow

annual · ₹ crore · line = free cash flow

	FY22	FY23	FY24	FY25	FY26
Cash from operations	16.5	12.7	41.7	40.3	34.4
Cash from investing	-10.1	-130.8	-8.3	-22.3	-265.2
Cash from financing	22.1	85.2	-18.7	-25.9	241.6
Capex	0.0	1.5	11.2	17.3	69.0
Free cash flow	16.5	11.1	30.5	23.0	-34.6
Dividends paid	0.0	0.0	0.0	0.0	0.0

Where the assets sit

Mar '26 · ₹ crore

Fixed assets (PPE)

₹258.8 cr24%

CWIP

₹9.2 cr1%

Investments

₹10.5 cr1%

Inventories

₹193.3 cr18%

Receivables

₹363.4 cr34%

Cash & equivalents

₹20.8 cr2%

Other assets

₹203.1 cr19%

Peer comparison

largest in Capital Goods · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Hindustan Aeronautics Ltd.	3,33,052	4,980.00	35.7	8.12	22.7%
Bharat Electronics Ltd.	2,89,468	396.00	45.2	11.02	24.4%
Tata Motors Ltd.	1,56,797	425.50	24.8	10.26	41.3%
Bharat Heavy Electricals Ltd.	1,45,828	418.80	50.7	5.45	10.8%
ABB India Ltd.	1,43,541	6,774.00	55.7	15.37	27.6%
Siemens Ltd.	1,26,736	3,560.00	28.2	8.02	28.4%
Hitachi Energy India Ltd.	1,23,988	27,800.00	107.8	23.95	22.2%
CG Power and Industrial Solutions Ltd.	1,21,786	773.00	89.1	13.94	15.6%
Polycab India Ltd.	1,18,610	7,871.00	37.6	9.06	24.1%
Cummins India Ltd.	1,12,233	4,048.80	49.8	13.52	27.1%
SIGMA ADVANCED SYSTEMS LIMITED	10,811	909.25	71.4	23.08	32.3%

StoxGud checklist: Bullish setup · 8/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-16.7%

6 months+195.7%

1 year+344.8%

3Y CAGR+165.5%

5Y CAGR+115.1%

10Y CAGR+45.2%

50-day avg₹892.70

200-day avg₹491.60

RSI (14)44

FAQs

What is the share price of SIGMA ADVANCED SYSTEMS LIMITED?

SIGMA ADVANCED SYSTEMS LIMITED (SIGMAADV) closed at ₹909.25 on NSE on 06 Nov 2026.

What is the market cap of SIGMA ADVANCED SYSTEMS LIMITED?

₹10,811 crore at the latest close.

What is the P/E ratio of SIGMA ADVANCED SYSTEMS LIMITED?

71.4, on trailing-twelve-month earnings from its filings.

How fast is SIGMA ADVANCED SYSTEMS LIMITED growing?

SIGMA ADVANCED SYSTEMS LIMITED: revenue has compounded at 529.7% a year over three years; net profit at 211.9% a year.

How profitable is SIGMA ADVANCED SYSTEMS LIMITED?

On a trailing-twelve-month basis return on equity is 32.3%, return on capital employed 26.1%, operating margin 14.3%, net margin 18.0%.

How much debt does SIGMA ADVANCED SYSTEMS LIMITED have?

SIGMA ADVANCED SYSTEMS LIMITED is moderately geared: debt to equity is 0.64 with borrowings of ₹300 cr against cash of ₹21 cr (balance sheet of 2026-03-31). Operating profit covers interest 8.5 times.

Financials parsed from SIGMA ADVANCED SYSTEMS LIMITED's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from MAR '18, annual from FY18, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.