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Sigma Solve Limited (SIGMA) Fair Value & Analysis

Technology · IN · Market cap ₹3.9B

SS Sigma Solve Limited SIGMA · NSE
Price₹38.31
Fair Value₹50.13
Upside+30.9%
Quality60/100
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Evidence: High Range ₹37.76 – ₹152.64

Fair value as of: Jul 3, 2026

From 26 valuation models · updated today

Share price −4.2% over the past month.

Price vs Fair Value (12 months)

₹63.02 ₹36.33 Fair Value ₹50.13 Jul 2025 Jul 2026

12‑month range ₹36.33 – ₹63.02 · fair‑value band ₹37.76 – ₹152.64 · the ₹38.31 price screens below the ₹50.13 fair value. As of Jul 3, 2026.

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Analysis

Sigma Solve Limited (SIGMA) currently trades at ₹38.31, while our model-based Fair Value estimate is ₹50.13 — implying the stock looks roughly 30.9% undervalued today. We read business quality at 60/100 (solid quality), in the Technology sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Sigma Solve Limited generated revenue of ₹956M at a net margin of 25.0%. Revenue grew 4.7% year over year. It earns a return on equity of 37.8%. The balance sheet holds a net cash position of ₹67.0M. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹956M
Revenue growth (YoY) +4.7%
Net margin 25.0%
Return on equity 37.8%
Free cash flow ₹312M FY2026
P/E ratio 16.5
More key figures
Operating margin 30.8%
EPS (TTM) ₹2.32
EPS growth (YoY) -21.7%
Net cash ₹67.0M FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Sigma Solve Limited, together with its subsidiary, Sigma Solve INC, engages in the enterprise software development business worldwide. The company offers IT and turnkey consultancy services to customers in customers' business domain. It also provides Web and E-commerce development, real-time application and web development, business intelligence analytics, CRM development, digital marketing, UI and UX design, automation testing, quality assurance, and cloud solutions. In addition, the company offers various plugins, including MAGNETO, nopCommerce, PRESTASHOP, and WORDPRESS. Sigma Solve Limited was incorporated in 2010 and is based in Ahmedabad, India.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Sigma Solve Limited reported revenue of ₹956M in FY2026 versus ₹411M in FY2022, a compound +23.5%/yr. Reported net income was ₹239M in FY2026, compounding +27.8%/yr from FY2022.

Revenue +23.5%/yr
FY22 ₹411M
FY23 ₹558M
FY24 ₹651M
FY25 ₹762M
FY26 ₹956M
Net income +27.8%/yr
FY22 ₹89.6M
FY23 ₹118M
FY24 ₹161M
FY25 ₹191M
FY26 ₹239M

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Frequently asked questions

Is Sigma Solve Limited (SIGMA) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹50.13 versus a price of ₹38.31 — about +31% (undervalued). Model-based estimate, not financial advice.
What is the fair value of SIGMA?
Our model-based fair value for Sigma Solve Limited is ₹50.13 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹38.31.
What is the quality score of SIGMA?
Sigma Solve Limited has a Quality Score of 60/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Sigma Solve Limited (SIGMA)?
Sigma Solve Limited reported trailing-twelve-month revenue of about ₹956M (latest available figure, as of Jul 3, 2026).
What is the net profit margin of SIGMA?
The net profit margin of Sigma Solve Limited is about 25.0%, meaning it keeps roughly 25.0% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.