NSE: SIGMAADV · BSE: 532408 · ISIN INE933B01012
SIGMA ADVANCED SYSTEMS LIMITED stock analysis
SIGMA ADVANCED SYSTEMS LIMITED ranks #1264 in the TickerSutra evidence-ranked universe with a score of 55/100 and 95% data confidence. The latest captured fundamentals show ROCE of 60.8%, quarterly sales growth of 7083.9% and quarterly profit growth of -81.9%.Monitor only
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- ROCE is 60.8%
- 526.6% three-year sales CAGR
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- Debt/equity is above 0.5×
- CFO/EBITDA is below 0.6×
- Extreme base-effect growth requires manual validation
- Valuation is above 40× earnings
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹52cr | ₹-18cr | ₹5cr | -35.0% |
| 2023 | ₹2cr | ₹-18cr | ₹9cr | -898.0% |
| 2024 | ₹0cr | ₹-9cr | ₹-13cr | Unavailable |
| 2025 | ₹0cr | ₹-10cr | ₹-30cr | 14.0% |
| 2026 | ₹492cr | ₹48cr | ₹268cr | 10.0% |
| TTM | ₹861cr | ₹124cr | ₹167cr | 14.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
SIGMA ADVANCED SYSTEMS LIMITED has informed the Exchange regarding Notice of Annual General Meeting to be held on September 30, 2026- Notice of the 26th Annual General Meeting ( AGM ) and Annual Report for the Financial Year 2025-26 pursuant to Regulation 30 and 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
RoutineSigma Advanced Systems Ltd - 532408 - Notice Of The 26Th Annual General Meeting ('AGM') And Annual Report For The Financial Year 2025-26 Pursuant To Regulation 30 And 34 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015BSE · 10 Sept 2026Notice of the 26th AGM and Annual Report for the FY 2025-26.
RoutinePress ReleaseNSE · 10 Sept 2026SIGMA ADVANCED SYSTEMS LIMITED has informed the Exchange regarding a press release dated September 10, 2026, titled "Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015 - Sigma Advanced Systems Begins Production at Sri City Aerospace Facility, Replicating UK Manufacturing Capability in India".
RoutineSigma Advanced Systems Ltd - 532408 - Media ReleaseBSE · 10 Sept 2026Pursuant to Regulation 30 of SEBI(LODR) Regulations, 2015 - Sigma Advanced Systems Begins Production at Sri CIty Aerospace Facility, Replicating UK Manufacturing Capability in India
RoutineCopy of Newspaper PublicationNSE · 9 Sept 2026SIGMA ADVANCED SYSTEMS LIMITED has informed the Exchange about Copy of Newspaper Publication- Newspaper Advertisement relating to the 26th Annual General Meeting ( AGM ) of Sigma Advanced Systems Limited ( the Company ).
MANAGEMENT COMMENTARY
Signals from filed documents
1,600 crore, taking the combined order book visibility to over Rs. Sigma's growth strategy combines core programme growth, targeted capability and geographic expansion, and margin improvement through an integrated India-UK operating model. The Company is pursuing larger work packages by combining proximity, customer alignment and specialised manufacturing capability in the UK with scalable, cost-competitive productio
38,424 crore, a 62.7% rise over the previous fiscal year, with the number of exporting firms growing to 145 from 128 and India now supplying to more than 80 countries. Notably, DPSU exports rose 151% year-on-year, reversing the usual pattern where private firms lead export growth, driven largely by increased orders for larger platforms such as helicopters and naval vessels. This dual scale-up in both domestic output
86 | Sigma Advanced Systems Shift from component supply to integrated sub- systems via JVs: Indian private players are increasingly forming joint ventures with global OEMs, moving up the value chain from parts supply to co-developed sub- systems and integrated products, deepening revenue per programme while opening access to NATO-aligned and European defence programmes previously closed to component-only vendors. Exe
1,600 crore, taking the combined order book visibility to over Rs. Sigma's growth strategy combines core programme growth, targeted capability and geographic expansion, and margin improvement through an integrated India-UK operating model. The Company is pursuing larger work packages by combining proximity, customer alignment and specialised manufacturing capability in the UK with scalable, cost-competitive productio
Sigma is also taking a phased approach to scaling its India, UK and European operations, supported by established management teams, programme oversight and process alignment. Customer concentration risk: Sigma serves large defence and aerospace customers, and its participation in critical programmes creates exposure to changes in customer procurement priorities, programme delays or cancellations. Mitigation: The Comp
This broad-based growth is reflected across the underlying product segments that make up the sector. On the aerospace side, the aircraft engine components market — covering fabrications, sub-assemblies, and hot-section parts — was valued at $92.7 billion in 2026 and is projected to reach $203.3 billion by 2034 at a 9.1% CAGR, underpinned by rising commercial production rates and sustained aftermarket demand across en
The Committee periodically reviews the risk matrix, assesses the adequacy and effectiveness of mitigation measures, and provides relevant updates and recommendations to the Board of Directors. The Company remains committed to fostering a strong risk-aware culture across the organisation by enhancing risk awareness, strengthening internal processes, and continuously improving its risk identification, assessment, monit
With respect to Scheme of Arrangement, we have undertaken audit procedures, which include the following: We Reviewed the terms and conditions of the Scheme of Amalgamation, the certified true copy of the NCL T sanction order dated December 16, 2025, and verified statutory filings with the Registrar of Companies (ROC). We Verified the requisite corporate and regulatory approvals, including the Valuation Report iss
Category Number of shareholders Number of shares % to total equity Demat mode NSDL 13,773 4,41,19,331 25.03 CDSL 19,972 13,06,39,023 74.13 Physical mode 800 14,81,351 0.84 Total 34,545 17 ,62,39,705 100 30000 20000 10000 0 NSE Nifty NSE Nifty and Share Price Share Price May-25 Jun-25 Sep-25 Month Nov-25 Jan-26 Mar-26 Annual Report 2025-26 | 79 Financial StatementsStatutory ReportsCompany Overview Categories of shareh
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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