SIGMAADV
SIGMA ADVANCED SYSTEMS share price & financials
- Price
- ₹557.8
- Market cap
- ₹15.8k Cr
- Sector
- Capital Goods
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
Quarterly results
Q1 FY27: net profit down 93.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 19 | 57 | 0 | 18 | 29 +51% | 106 +86% | 41 |
| EBITDA | -2 | -0 | 17 | -16 | 1 +150% | 4 +1107% | 29 +67% | 10 +162% |
| Net profit | 1 | 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
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 ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹0 Cr | ₹76 Cr | ₹152 Cr |
| Operating profit | ₹-9 Cr | ₹13 Cr | ₹18 Cr |
| Operating margin | — | 16.9% | 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 margin | — | 32.0% | 131.0% |
| Cash from operations | ₹23 Cr | ₹37 Cr | ₹-135 Cr |
| Free cash flow | ₹11 Cr | ₹20 Cr | ₹219 Cr |
| ROCE | 7.0% | 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 ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| 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.
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 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.
| Holder | Stake | Change |
|---|---|---|
| Chintalapati Holdings Private Limited | 43.07% | −3.24 pp |
| Ramanagaram Enterprises Private Limited | 13.65% | −1.03 pp |
| Hillpark Event Management LLP | 5.41% | −0.40 pp |
| Cheemarla Damodar Reddy | 3.98% | −0.30 pp |
| Cheemarla Damodar Reddy (Trust) | 0.13% | unchanged |
| Jyothi Raju Chintalapati | 0.00% | unchanged |
| Srinivasa Raju Chintalapati | 0.00% | unchanged |
| Kartheek Raju Chintalapati | 0.00% | unchanged |
| Vaishnavi Raju Chintalapati | 0.00% | unchanged |
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
AttractiveTo 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
Learn to analyse SIGMA ADVANCED SYSTEMS LIMITED
Guides on how to read this kind of business and the numbers that matter.