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    Sigma Solve

    Information Technology
    Information Technology

    Overview

    Price

    Market Cap

    ₹391 Cr

    Sector

    Information Technology

    Information Technology

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital3441010101010
    Reserves315192620395267
    Borrowings31045432
    Other Liabilities511324581210
    Total Liabilities1422376440627789
    AssetsFixed Assets01118776
    CWIP00070000
    Investments1621447173939
    Other Assets1215151325383244
    Total Assets1422376440627789

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating05162071830
    Cash from Investing4-5-15-3136-21-22
    Cash from Financing43-13-41-2-3
    SummaryCapital Expenditure
    Free Cash Flow05161361830
    FCF Margin

    Valuation

    Assumptions

    Current — SIGMA
    Price
    ₹39
    EPS (TTM)
    ₹2.17
    PE (TTM)
    17.8
    Profit growth
    6.7%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (206.3×) and current (17.8×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹39
    vs
    Fair value · 15% return
    ₹23
    41%Overvalued

    At 6.7% growth and a 18× exit, ₹39 only delivers your return if you pay ₹23. The price is currently baking in 17% growth.

    EPS grows 6.7%/yr for 5 years, then fades to 6% over 2, exits at 18×.

    YearGrowthEPS (₹)
    FY276.7%2.32
    FY286.7%2.47
    FY296.7%2.64
    FY306.7%2.81
    FY316.7%3.00
    FY326.3% ·fade3.19
    FY336.0% ·fade3.38

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse Sigma Solve

    Guides on how to read this kind of business and the numbers that matter.