SIGMAADV

SIGMA ADVANCED SYSTEMS share price & financials

Price
₹557.8
Market cap
₹15.8k Cr

What SIGMA ADVANCED SYSTEMS LIMITED does

Sigma Advanced Systems Limited (formerly Megasoft) is a Tier-1 global aerospace and defense player that designs, develops and manufactures products, sub-systems and precision components across the value chain. Its Indian defense arm builds UAVs and counter-drone solutions, missile guidance/end-game packages, radar & electronic-warfare systems, and avionics & naval sub-systems for Indian defense PSUs and the armed forces. Its UK subsidiary Nasmyth is a Tier-1 supplier of aero-engine and airframe fabrications, sub-assemblies and precision-machined components to global commercial and defense aircraft OEMs, while its AS Strategic joint ventures (AbraWorks, Escrabano, Arquimea) give it direct workshare access to European and NATO defense programmes.

Segments

  • Products & IP
  • Sub-systems
  • Sub-Assembly & Components (Nasmyth)
  • Global Market Access (AS Strategic)
Manufacturing/R&D facilities
8 locations across UK and India (300K+ sq ft)
UK manufacturing sites (Nasmyth)
6 sites (Bulwell, GEB, Henton, Coventry, Ferndown, IEC) with 470+ FTEs, 200K+ sq ft
India R&D and manufacturing footprint
Hyderabad (HQ & defense R&D centre), Bangalore (precision machining), Sri City (greenfield manufacturing) — ~150K sq ft
Sri City greenfield facility
23 acres, 2.5 lakh sq ft master plan
Strategic global joint ventures
51% stakes in 3 European defense-OEM JVs (AbraWorks, Escrabano, Arquimea)
Active teaming agreements with global OEMs
8
Founded 1994Headquarters Hyderabad, Telangana, India

Quarterly results

Q1 FY27: net profit down 93.0% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue0 19 57 0 18 29 +51%106 +86%41
EBITDA-2 -0 17 -16 1 +150%4 +1107%29 +67%10 +162%
Net profit1 5 18 136 4 +291%13 +158%47 +163%10 −93%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance +417.7% 1Y

₹200₹400₹600₹800Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹160.8 on 10 Sept 2025 → ₹832.45. High ₹832.45 (11 Sept 2026), low ₹144.28 (16 Mar 2026).

Financials, as filed

Year endingFY24FY25FY26
Revenue₹0 Cr₹76 Cr₹152 Cr
Operating profit₹-9 Cr₹13 Cr₹18 Cr
Operating margin16.9%11.7%
Interest₹17 Cr₹19 Cr₹10 Cr
Depreciation₹3 Cr₹5 Cr₹4 Cr
Net profit₹8 Cr₹24 Cr₹200 Cr
Net margin32.0%131.0%
Cash from operations₹23 Cr₹37 Cr₹-135 Cr
Free cash flow₹11 Cr₹20 Cr₹219 Cr
ROCE7.0%8.0%54.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹44 Cr₹74 Cr₹74 Cr₹74 Cr₹74 Cr₹176 Cr
Reserves₹105 Cr₹111 Cr₹122 Cr₹130 Cr₹207 Cr₹298 Cr
Borrowings₹6 Cr₹29 Cr₹146 Cr₹147 Cr₹4 Cr₹71 Cr
Other liabilities₹123 Cr₹43 Cr₹38 Cr₹38 Cr₹20 Cr₹81 Cr
Total liabilities₹278 Cr₹256 Cr₹380 Cr₹389 Cr₹305 Cr₹626 Cr
Fixed assets₹138 Cr₹185 Cr₹179 Cr₹187 Cr₹26 Cr₹28 Cr
Capital work in progress₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Investments₹34 Cr₹7 Cr₹136 Cr₹136 Cr₹163 Cr₹10 Cr
Other assets₹107 Cr₹65 Cr₹64 Cr₹66 Cr₹115 Cr₹589 Cr
Total assets₹278 Cr₹256 Cr₹380 Cr₹389 Cr₹305 Cr₹626 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jul 2026

Since Jun 2025, promoters added +31.17 pp while the public trimmed −31.12 pp. The shareholder count grew 53% to 49,801.

Promoters
66.2%
FIIs
0.1%
DIIs
0.0%
Public
33.6%

Since Jun 2025

  • Promoters +31.17 pp
  • Public −31.12 pp
  • FIIs −0.06 pp

How it drifted, 12 quarters

Over this window the public fell from 56.1% to 33.6% — −22.5 pp.

Dec '23Mar '25Jul '26

Ownership split by quarter, oldest first. Dec '23: Promoters 43.8%, DIIs 0.1%, Public 56.1%.Mar '24: Promoters 43.5%, FIIs 0.1%, Public 56.4%.Jun '24: Promoters 42.8%, FIIs 0.1%, Public 57.2%.Sep '24: Promoters 35.1%, FIIs 0.1%, Public 64.8%.Dec '24: Promoters 35.1%, FIIs 0.1%, Public 64.8%.Mar '25: Promoters 35.1%, FIIs 0.1%, Public 64.8%.Jun '25: Promoters 35.1%, FIIs 0.2%, Public 64.7%.Sep '25: Promoters 35.1%, FIIs 0.5%, Public 64.4%.Dec '25: Promoters 35.1%, FIIs 0.2%, Public 64.7%.Mar '26: Promoters 71.2%, FIIs 0.1%, Public 28.7%.Jun '26: Promoters 71.2%, FIIs 0.2%, DIIs 0.0%, Public 28.5%.Jul '26: Promoters 66.2%, FIIs 0.1%, DIIs 0.0%, Public 33.6%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jul 2026 filing

Every holder of SIGMA ADVANCED SYSTEMS LIMITED above SEBI's 1% disclosure line, and what changed since Jun 2026.

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

What the price assumes

Attractive

To justify its price of ₹832, this stock must grow earnings at 71% every year for 7 years. Our analysis caps realistic growth at ~74%. At that growth it is worth ₹973 — upside of 17%.

Growth the price implies
70.5% a year
for 7 years, fading to 4%
It has actually compounded at
74.5% a year
net profit, FY24–FY26
The gap
-0.0 pp
17% downside if it only repeats history
Price today ₹832.45 Value at the reference growth ₹972.62

Change the assumptions yourself →