Sigma Solve Limited has Pursuant to Regulations 30 and other relevant regulations of SEBI (LODR) Regulations, 2015, enclosed herewith a copy of Investor Presentation that will be shared with the anal...
Z& SIGMA SOLVE
ENTERPRISE SOFTWARE SOLUTIONS
Date: 06% December, 2022
,
To, The Manager Listing Department National Stock Exchange of India Limited Exchange Plaza, Bandra-Kurla Complex Bandra (E), Mumbai- 400 051, Maharashtra, INDIA
Scrip Code: SIGMA
Subject: - Investor /Analyst Presentation December 2022
Dear Sir/ Ma’am,
Pursuant to Regulations 30 and other relevant regulations of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith a copy of Investor Presentation that will be shared with the analyst/investors.
The same shall be uploaded on our website www.sigmasolve.in.
Kindly take note of the same and update on record of the Company accordingly.
Thanking you. Yours faithfully, For, Sigma Solve Limited
é
AHMEDABAD]
S = o
Sy S S
howgcemageneee
Prakash R Parikh Managing Director DIN: 03019773
Encl: A/a
SIGMA SOLVE LIMITED 305-308 Alpha Megacone House, Opp. Armieda, Nr. GTPL Building, Sindhu Bhavan Road, S.G. Highway, Ahmedabad-380054 Ph. +91 9898095243, 079-29708387
CIN Number:- L72200GJ2010PLC060478
Prakash Ratilal ParikhDigitally signed by Prakash Ratilal Parikh Date: 2022.12.06 13:40:15 +05'30' SIGMA SOLVE LIMITED
Enterprise Software Solutions
Investor Presentation December 2022
SAFE HARBOR
risks
forward
and uncertainties
Certain statements in this document may looking statements. Such be forward-looking statements are subject to certain like local political or government actions, technological economic developments, risks, and many other factors that could cause our actual results to differ materially from those contemplated by the relevant forward-looking statements. Sigma Solve Ltd (SSL), will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update forward-looking these statements to reflect subsequent events or circumstances.
Investor Presentation December 2022
02
FROM THE MD'S DESK"
Commenting on the performance of SSL, the Mr. Prakash Parikh Managing Director said:
“I am delighted to be a part of this fantastic organization
with 10+ years of experience in providing steadfast and cutting edge solutions to our customers spread across the globe. At SSL, we believe cutting through complexity with simplicity. We continue to witness heavy demand for our services primarily led by our focus on providing several technology solutions backed by our experience in evolving technologies to provide our customers with the right set of solutions that creates a lasting impact on the end users. In view of same we continue to add more people, more capabilities and requisite infrastructure to continue to deliver beyond the ordinary. Our growing presence and expertise in cloud and app development space gives us an edge in capitalizing on the opportunities that lie ahead of us in the fastest growing sub segment of IT services ecosystem. Further, our client’s trust in us keeps growing and is reflective of our client retention rate crossing over 90% consistently. Our efforts are reflected in our financial performance which is witnessed in our H1 Earnings numbers where, the revenue from operations grew to ₹276.87 Mn, recording a robust growth of 42.44% owing to increase in demand of our key services. EBITDA Margins stood at 36.22% in H1
FY23, declining on a YoY basis, due to change in account- ing method for recording employee benefit expenses. During H1 FY22 the employee benefit expenses were recorded on cash basis of accounting which is changed to accrual basis of accounting from H2 FY22 itself to better reflect the financial performance. On sequential basis, the margins have improved significantly from 23.98% in H2 FY22 on back of steadfast execution, increase in scale of operations and efficient cost management, the strength- ening USD also improved our profitability. In the near term, we are seeing a slightly calibrated approach from the customers before committing to a high fixed capital expenditure due to various external factors creating economical and geo-political instability. However, we believe that we are firmly placed and moving in right direction to achieve our growth plans, owing to provision of services which are highly client centric and in sync with our client goals. I would like to reassure on behalf of the entire SSL team that we remain aligned with our overall growth strategy and thank all the stakeholders for their continued support and encouragement.
”
Investor Presentation December 2022
03
VISION, MISSION & VALUE PROPOSITION
Vision
Mission
Our Value Proposition
•
relentlessly
deliver To complete, creative, business cost-effective for our clients solutions information through technology services, while creating a global IT in footprint ecosystem.
the
(IT)
•
take
ownership
To of technology-driven projects by providing cost-effective solutions, through technical excellence & consultancy that help our clients and partners excel business
their
in
• Augmenting agile and
focused teams of experts to deliver as per client needs.
• Hybrid delivery model to reduce cost
of ownership.
‘On
– Time’ delivery • Focused approach coupled with quick response teams to enhance overall customer experience and reliability. • Continual investment in adapting to newer technologies to satisfy client needs.
Investor Presentation December 2022
04
SSL AT A GLANCE
Sigma Solve Limited is focused in providing enterprise software development. SSL combines creativity, deep knowledge and a sound business strategy to offer a host of services like Web & E-commerce Development, Real Time Application development, Business Intelligence Analytics, CRM Development, Digital Marketing, UI & UX Design, Automation Testing and Quality Assurance.
HUMAN CAPITAL & PEDIGREE
Visionary Promoters, Skilled Management Total Head Count 200+
FINANCIAL PROWESS
• Revenue from Operations FY22 (₹ Mn): ₹410.92
• CAGR
(FY20-FY22): 96.71%
• EBITDA (₹ Mn): ₹150.13 • EBITDA Margin:
36.53%
• PAT (₹ Mn): ₹
141.59
• PAT Margin:
34.45%
SERVICE OUT REACH & CLIENTELE
1,000+ Mobile App and
Websites Developed
450+ Happy Clients Relationships With
Kawasaki, Coca Cola & Costa Coffee Amongst Many Others.
Array Of Service Offerings Providing Long Runway For Sustainable Growth
• Cloud Consulting
Services
• Digital
E-commerce Strategy
• Mobile App
Development
• Customer
Relationship Management
CLIENT RETENTION
90% client retention backed by 15+ years of global industry expertise.
ACCOM- PLISHMENTS
#2077 ranked in “INC 5000 Americas Fastest growing Private Companies”
Investor Presentation December2022
05
MILESTONES
01
Incorporated as Sigma Solve Limited with 2 employees in USA & India
03 Microsoft.NET Silver
partnership - 150+ employees
05 Reached milestone of
200+ trained Software consultants
2010
2018
2022
2014
Initial partnerships with 3Dcard (now Shift4Shop) - Onshore Operations & HQ Sunrise Florida
2020
Listed on the National Stock Exchange – SME platform
02
04
Investor Presentation December 2022
06
GLOBAL PRESENCE
Head Office & Branches
USA - Atlanta
USA-Florida
Netherlands
India – Ahmedabad
Australia
Investor Presentation December 2022
07
GROUP STRUCTURE
SIGMA SOLVE LIMITED
~59% STAKE
SIGMA SOLVE INC
Sigma Solve Limited’s subsidiary based out of the USA. It acts as an ambassador to Sigma Solve Ltd in USA.
The company is using hybrid-model and the sales team is based in the USA while the operational team is in India.
The team is spearheaded by Biren Zaverchand and Prerak Parikh who have extensive knowledge
about emerging
technologies and
exceptional client management skills.
Investor Presentation November 2022
08
LEADERSHIP POOL
Prerak Parikh CTO & Co-Founder
Biren Zaverchand CEO & Co-Founder
Kent Nelson Vice President of Sales
•
•
•
leading
Perak holds a Bs. in Computer Science from FAU & an Advanced Machine Learning Degree from MIT. 10+ Additionally he holds technical years of strong an experience software enterprise development company and also has led and shaped a team of developers, and technologists. in At Sigma Solve, he charge of researching and implementing emerging technologies to use in order to provide clients with path technological breaking solutions.
is
•
•
Information
He graduated from Wayne State University with an MBA Systems in (Michigan). Biren has led a team in an enterprise software development company with in professionals engaged design, business analysis, quality development, assurance, project management, having more than 20 years of executive experience.
and
•
•
•
a
degree
leadership
Kent brings over 20 years of experience in the software and domain, management. His academic qualifications includes in Marketing and Technology the University of from Tennessee. He is an expert in CRM, cloud document migration, systems, management app workflows, development and manages sales of the company.
and
Gaurav Khungar Business Development Manager
•
•
•
He holds an engineering degree in IT and is a MBA in Marketing. He is skilled in domains like research, strategic planning, and pre-sales and account management. Gaurav has 7+ years of experience and a proven track record of delivering exceptional work in the IT and Service industry, with solid in foundational knowledge software development life cycle and a myriad of technologies.
Investor Presentation December 2022
09
OUR SERVICE MODEL & COMPETITVE EDGE
Go To Market Strategy
Identifing customers (joint efforts by sigma wih Sigma Solve Inc.)
Profiling of the target by using different tools like Social media, Email marketing, Promotion, Upwork etc.
Create prospect list and plan mailings
Establish list criteria : Strategic decision-maker, sector, size, etc. Identify list source. Manage the data, e.g. using MS Excel or CRM system. Planning the mailing, response and conversion rates, using the sales funnel process.
Understand the market needs
Understand the target requirments and its pain point so that wa pitch them accordingly.
Write Your Sector-specific Mailer
Use a mailer/email/fax to sell initial meeting. Write a intro letter that siggests one single strongest UPB Employ adverstising writing techniques to generate enquires. Set up a response mechanism (reply card, freefone, faxback)
Setting Our Value Proposition
Initial Mailing / Contact
FInd the most cost effective mailing/fax/email method. Use MS ord mail merge for small pilot mailing, or outsource to a relevant fulfilment agency. Compare and plan required cost per response statistics
Convert the Replies Into Meetings
Use the phone to qualify interest convert the enquiries into meetings using open questions to get more information about the respondent custoer’s eeds and situation. Make appointments with senior decision-makers.
Presentation Or Proposal
We can send the proposal and presentation to the client according to the needs shared
Deal Closure And Execution
Negotiate The Deal
Use negotiation techniques and rules. End with a win-win. Build trust, relationship and focus’ on delivering what the customer wants and needs.
Following Up, Confirming And Payment
Written confirmation and contracts. Maintain the relationship with the customers. Boking of sales by Sigma Solve Inc., and Sigma charges on monthly basis to Sigma Solve Inc., for providing the execution facilities
Investor Presentation December 2022
10
OUR DIVERSIFIED SERVICE OFFERINGS CONTD...
Custom Software Development SSL’s team hold advanced knowledge of web application development thereby enabling our clients to stand out in their industries through our web and app development solutions
eCommerce Development SSL’s offers one stop end to end solutions for implementing eCommerce strategy with ongoing business support
Mobile App Development SSL’s Ofers mobile application development services in a variety of interfaces and native coding
Enterprise, ERP & CRM Solutions Solutions span from eCommerce CRM, CMS, Mobility & custom application development thus enabling clients with enhanced data inputs growth and success
Cloud Solutions SSL provides managed Cloud for Azure capabilities allowing businesses to scale with power of the Azure Cloud platform.
Digital Marketing Services SSL provides end-to-end digitaal marketing services backed by decades of experience in Search Engine Optimizion (SEO), Social Media Marketing (SMM), Content Publishing, and Reputation Management
Investor Presentation December 2022
11
DEEP SERVICE EXPERTISE ACROSS PLATFORMS
SERVICE SUITE
PLATFORM CAPABILITIES
Custom Software Development
Microsoft .Net
C#
Vb.Net
Java Application
PhP Web Applications
Ruby on Rails Applications
eCommerce Development
nopCommerce Development
Liferay
Magento
Shopify
Shift4Shop
Mobile App Development
iOS Apps
Android Apps
React Native
Game Development
CMS Development
Wordpress
Drupal
Cloud & Amazon Web Services
AWS
Azure
Magento
Kubernetes
ERP & CRM Solutions
MS Dynamics for ERP
Salesforce CRM
CRM Consultant & Implementation
Digital Marketing Services
Salesforce .com
Power BI
Tableau
AI/ML & AR/VR
3rd Party Int. & API Integration
Social Media & Email Marketing
Analytics & Reporting
Investor Presentation December 2022
12
REVENUE BREAK-UP
Design, Automation, Testing & Quality Assurance
Enterprise Solutions
Application Development
17%
5.1%
19.9%
17%
17%
3.4% 3.4%
5.1%
19.9%
Revenue Breakup By Services - 2022
34.1%
17%
3.4%
3.4%
34.1%
Mobile Solutions
Digital Marketing Services
Cloud Solutions
eCommerce Development
Investor Presentation December 2022
13
DIVERSE CLIENTELE
INDUSTRIES CATERED
Real Estate
Manufacturing
Education eLearning
Oil/Gas & Public Sector
Healthcare
Fintech & Insurance
Travel & Hospiality
Media & Entertainment
Energy & Utilities
Retail & eCommerce
Logistics
Investor Presentation December 2022
14
MARQUEE CLIENTS
Investor Presentation December 2022
15
INDUSTRY OVERVIEW
OVERALL INDUSTRY
•
is
rapidly Technology changing the world. It has the way we changed communicate, travel, educate, play and work.
•
this
new is
world, In technology location agnostic, app driven, user focused and resides on devices or cloud.
•
GLOBAL IT SEVICES ACCELERATING
Enterprises are spending on technology to not only reduce costs, but also to stay their customers. Technology spends are now directly linked to drive higher revenues.
relevant
for
•
The above factors give a long growth term visibility as indicated alongside:
GLOBAL ENTERPRISE AND CONSUMER SPENDING ON TECHNOLOGY (ESTIMATED SHARE RELATIVE TO GDP)
ENTERPRISE TECH INTENSITY (ESTIMATED AVERAGE ENTERPRISE TECH SPEND SHARE OF REVENGE)
(USD Bn)
1800
1600
1400
1200
1000
800
600
400
200
>8%CAGR
5 8 1 , 1
6 3 6 , 1
7.5%
~200+ bps
5.5%
4.5%
5 4 8
1 1 Y C
2 1 Y C
3 1 Y C
4 1 Y C
5 1 Y C
6 1 Y C
7 1 Y C
8 1 Y C
9 1 Y C
0 2 Y C
1 2 Y C
E 2 2 Y C
E 3 2 Y C
E 4 2 Y C
E 5 2 Y C
Analysis based on G2000 companies as ranked by forbes, N-2000
2010 2020 2030E
Enterprise Tech Intensity
3%
5%
2020
2030E
Tech Natives
Digital Reinnventors
Incumbents
6%
4%
3%
8%
6%
3%
Source : Gartner, HSIE Research
Source : IDC, World Bank, Golbal Data 2019 Tech spend, Annual Reports, B&K Research
Investor Presentation December 2022
16
CONTD...
THE BIG OPPORTUNITY IN CLOUD TRANSFORMATION •
The global digital transformation market had a revenue holding of USD 400.34 billion in 2021. It is expected to reach USD 2,198 billion by 2030, growing at a CAGR of 23.72% during the forecast period 2022–2030 (Source : Straits Research)
•
The cloud transformation cycle is expected to be longer and stronger as enterprises are still in the early stages of cloud transformation with only 30% of workloads migrated to cloud.
• Growth in cloud is expected to be robust since cloud facilitates the adop- tion of emergent technologies such as Augmented Reality (AR) and Block-chain.
EQUALLY COMPELLING STORY IN MOBILE & APP DEVELOPMENT SPACE
•
•
•
The global mobile application market size is US$ 138.25 billion as of 2021 and is expected to become over US$ 725 billion by 2030, poised to grow at a noteworthy CAGR of 20.22% from 2022 to 2030 (Source : Precedence Research).
The market's growth is fueled by continued growth in enterprise applications, increased attention on apps designed for health and fitness, ecommerce and high downloads and in-app purchases for gaming apps.
Increasing consumer base for e-commerce industry along with rising adoption of smart phones are some of the major factors that drives the growth of mobile application market.
SSL IS RIGHTLY PLACED TO CAPTURE THE SAID OPPORTUNITIES.
n o i t a r t e n e P d u o C %
l
30
25
20
15
10
5
0
800
700
600
500
400
300
200
100
0
CLOUD PENETRATION IS STILL BELOW 30% IN KEY VERTICALS
28
28
25
25
25
23
20
20
20
19
20 20 20
20
20
25
23
22
20
8
8
5
16
5
SaaS(%)
PaaS(%)
iaaS(%)
Enterprise Pvt Cloud (%)
Dedicated Hosted Pvt Cloud (%)
On-Demand Hosted Pvt Cloud (%)
Banking
Retail
Transportation
Process Manufacturing
Source : IDC, B&K Research
MOBILE APPLICATION MARKET SIZE, 2021 to 2030 (USD BILLION)
.
8 0 3 0 6 $
6 6 . 1 0 5 $
.
0 3 7 1 4 $
2 1 . 7 4 3 $
.
5 7 8 8 2 $
9 1 . 0 4 2 $
.
5 2 6 6 1 $
.
8 9 9 1 $
.
5 2 8 3 1 $
5 2 7 $
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
Investor Presentation December 2022
17
CONTD...
THE INDIAN CONTRIBUTION TO THE EVER-GROWING OPPORTUNITY
•
•
India’s contribution to global IT spends has increased steadily from 2.5% to 19.2% over the past 20 years.
In FY21, India ranked third worldwide with 608,000 cloud experts across all verticals, including technology.
• Exports from the Indian IT industry stood at US$ 149 billion in FY21, up from US$ 146.3 billion in FY20.
•
Indian IT firms have delivery centers across the world. In November 2021, Mr. Piyush Goyal, Minister of Commerce and Industry, lauded the Indian IT sector for excelling its competitive strength with zero government interference. He further added that service exports from India had the potential to reach US$ 1 trillion by 2030.
Investor Presentation December 2022
SHARE IN GLOBAL IT SPEND
IT EXPORTS (US $ BILLION)
18.5% 19.2%
149
146
9.7%
8.4%
2.5%
136
126
117
FY2001 FY2008 FY2010 FY2020 FY2021
FY17
FY18
FY19
FY20
FY21
Source: www.ibef.org
18
OUR STORY IN NUMBERS
500
400
300
200
100
0
200
160
120
80
40
0
*Revenue from Operations
.
2 9 0 1 4
3 5 . 1 1 2
.
6 4 4 0 1
FY20
FY21
FY22
*Cash Flow from Operating Activities
.
9 4 4 6 1
4 2 4
.
2 6 2 5
.
200
160
120
80
40
0
50
40
30
20
10
0
*EBITDA
35.37%
3 1 . 0 5 1
EBITDA Margin
34.09%
9 2 3 7
.
19.92%
18.56
FY20
ROCE (%)
% 9 7 7 1
.
FY21
FY22
% 6 3 3 4
.
% 0 3 4 3
.
33.35%
3 5 . 1 4 1
*PAT
PAT Margin
24.20%
17.61%
19.32
.
1 0 2 5
FY20
FY21
FY22
ROE (%)
% 3 5 . 1 4
% 7 7 6 2
.
% 3 8 0 2
.
150
120
90
60
30
0
50
40
30
20
10
0
FY20
FY21
FY22
FY20
FY21
FY22
FY20
FY21
FY22
Investor Presentation December 2022
*in ₹Mn
19
FINANCIAL SNAPSHOT
350
300
250
200
150
100
50
0
53.90%
50.52%
.
8 3 4 9 1
.
1 2 8 9
.
8 7 4 0 1
.
5 5 6 1 2
23.98%
.
2 8 6 3
17.00%
2 9 . 1 5
.
7 8 6 7 2
36.22%
28.92%
.
8 2 0 0 1
6 0 0 8
.
70
60
50
40
30
20
10
0
H1 FY22
H2 FY22
H1 FY23
*All figures in Rs. Mn
#Margins can be seen impacted from H2 FY22 due to change in accounting method for recording employee benefit expenses, during H1 FY22 the employee benefit expenses were recorded on cash basis of accounting which is changed to accrual basis of accounting from H2 FY22 itself to better reflect the financial performance.
Revenue from Operations
EBITDA
PAT
EBITDA Margins
PAT Margin
Investor Presentation December2022
20
CONSOLIDATED FINANCIAL STATEMENT HIGHLIGHTS
Consolidated Financial Statement Highlights for H1 FY23 v/s H1 FY22
Particulars (₹ Mn)
Revenue from Operations
Other Income
Total Revenue
Total Expenses excluding Depreciation, Amortization & Finance Cost
EBITDA
EBITDA Margin (%)
Depreciation & Amortization
Finance Cost
PBT before Exceptional Item
Exceptional Items
PBT
Tax
PAT
Other comprehensive profit / loss
Net PAT
PAT Margin %
Diluted EPS
H1 FY23
H1 FY22
YoY%
H2 FY22
276.87
4.63
281.50
176.59
100.28
36.22%
1.72
0.04
103.14
-
103.14
23.09
80.06
-
80.06
28.92%
12.75
194.38
13.67
208.05
96.17
98.21
50.52%
0.29
0.02
111.57
-
111.57
6.8
42.44%
35.30%
2.11%
-7.56%
104.78
-23.59%
-
104.78
53.90%
13.58
-6.11%
216.55
(0.10)
216.45
164.63
51.92
23.98%
2.03
0.01
49.77
-
49.77
12.95
36.82
-
36.82
17.00%
8.22
Consolidated Financial Performance Comparison – H1 FY23 v/s H1 FY22:
• Revenue from operations increased exponentially by 42.44% from ₹194.38 Mn in H1 FY22 to ₹276.87 Mn in H1 FY23 owing to the robust demand of the SSL’s services and speedy execution of services.
• The EBITDA increased from ₹98.21 Mn in H1 FY22 to ₹100.28 in H1 FY23, however the EBITDA margins declined from 50.52%% in H1 FY22 to 36.22% in H1 FY23. The EBITDA margins are impacted due to change in accounting method for recording employee benefit expenses, during H1 FY22 the employee benefit expenses were recorded on cash basis of accounting which is changed to accrual basis of accounting from H2 FY22 itself to better reflect the financial performance.
• PAT stood at ₹80.06 Mn in H1 FY23, compared to ₹104.78 Mn in H1 FY22 and PAT Margins have declined from 53.90% in H1 FY22 to 28.92% in H1 FY23.
Investor Presentation December 2022
21
CONSOLIDATE FINANCIAL ANALYSIS
Consolidated Analysis FY22 v/s FY21
Particulars (₹ Mn)
Revenue from Operations
Other Income
Total Income
Employee Benefits Expenses
Other Expenses
EBITDA
EBITDA %
Finance Cost
Depreciation & amortization expenses
PBT
Current Tax Expense
Federal Tax
Deferred Tax Expense
Total Taxes
Profit/(Loss) for the year
Other Comprehensive Income/ (Loss)
Net Income
PAT %
EPS
• Revenue from operations grew by 94.26% from ₹211.53 Mn in FY21 to ₹410.92 Mn in FY22 mainly due to increase in scale of opera- tions and robust demand of the services provided by SSL.
•
EBITDA grew by 104.84% from ₹73.29 Mn in FY21 to ₹150.13 Mn in FY22 and EBITDA Margins increased from 34.65% in FY21 to 36.54% in FY22 mainly due to decrease in employees benefit expenses showing better utilization of resources.
• PAT stood at ₹141.56 Mn
in FY22 as compared to ₹52.01 Mn in FY21 and PAT Margins stood at 34.45% in FY22 and 24.59% in FY21 recording an extra-ordinary growth of ~172.18%.
FY20
104.46
5.25
109.71
65.56
20.34
18.56
17.77%
0.65
1.61
21.55
2.24
-
(0.01)
2.23
19.32
-
19.32
18.50%
5.57
FY21
211.53
3.43
214.96
69.65
68.59
73.29
34.65%
0.03
3.19
73.50
3.28
18.18
0.03
21.5
52.01
-
52.01
24.59%
8.87
FY22
410.92
13.57
424.49
152.43
108.36
150.13
36.54%
0.07
2.32
161.31
3.23
16.56
(0.04)
19.8
141.56
-
141.56
34.45%
21.80
Investor Presentation December 2022
22
CONSOLIDATED BALANCE SHEET
Cash flow from operating activities
Cash Flow Statement (₹Mn)
(4.24)
FY20
52.62
FY21
Cash flow from investing activities
Cash flow from financing activities
42.25
40.62
(54.36)
32.79
FY22
164.49
(145.87)
(10.02)
Balance Sheet (₹ Mn)
FY20
FY21
FY22
Balance Sheet (₹ Mn)
FY20
FY21
FY22
Assets
PP&E
Capital WIP
Intangible Assets
Financials assets
- Investments
- Loans
- Other Financial Assets
Deferred tax assets
Other Non-Current Assets
Non-Current Assets
Financials assets
-Investment
-Trade Receivables
-Cash & Cash Equivalents
-Loans & advances
Other Current Assets
Current Assets
Total Assets
3.90
0.06
0.16
0.09
0.13
0.25
2.16
6.75
8.78
40.58
78.81
0.80
128.97
135.72
6.88
0.06
0.10
5.68
0.06
0.07
Equity
Equity Share Capital
Reserves & Surplus
Minority Interest
47.92
43.32
Shareholders Fund
Money received against share warrants
0.23
4.45
59.64
9.86
36.11
109.86
0.01
0.87
156.71
216.35
0.26
0.54
49.93
164.60
32.39
118.45
0.01
0.62
316.07
366.00
Liabilities
Financial Liabilities
-Borrowings
-Other financial liabilities
Provisions
Deferred Tax Liabilities
Non-Current Liabilities
Financial Liabilities
-Borrowings
-Trade Payables
- O/S dues of micros & small enterprises
- O/S dues of creditors other than above
Other Current liabilities
Provisions
Liabilities for current tax
Current Liabilities
Total Equity & Liabilities
30.10
26.74
35.91
92.75
41.10
96.46
41.10
188.24
56.72
194.28
111.55
340.89
2.55
10.10
-
2.05
2.55
10.10
2.05
26.32
3.88
3.88
9.51
0.74
2.09
1.45
1.45
7.96
0.48
4.23
2.76
0.09
2.67
15.87
0.19
40.45
135.75
11.98
216.36
23.05
365.99
Investor Presentation December 2022
23
FINANCIAL INDICES
Symbol
ISIN
Listed
SIGMA
INE0A0S01010
NSE (SME )
Market Cap (As on 29/11/2022)
₹2,219.94 Mn
52 week High/Low
₹302.90/ 164.02
Current Market Price
₹216.00
73.22%
Public
Promoters
Total
26.78%
73.22%
100.00%
Shareholding Pattern (As on 30th September, 2022)
26.78%
Investor Presentation December 2022
24
MANAGEMENT OUTLOOK
• Our order book remains extremely healthy and is typically around US $ 550 - 600 k (Approx INR 48 Mn) for a month and going into each month and with visibility for the next 3-4 months.
•
This is driven by our steadfast client wins across various technologies such as Php, .NET, ReactJS, VueJS, Java & Python, eCommerce Implementation d a Integrations & Mobility Solutions.
n
• While concerns around
the economic outlook persist, our demand pipeline is strong as clients remain confident in our ability to deliver the value they seek, both on the growth and efficiency of their businesses
Thereby,
p r Currency
• Most of the revenues in FY23 are expected i c e with
to be derived from fixed contracts. deteriorating Rupee has been a good hedge. Further we are constantly optimizing our cost by right sizing our team, creating value by providing professionals training in key technologies which can yield higher revenue charge-out rates.
Investor Presentation December 2022
25
For further information on the Company, please visit: www.sigmasolve.com
Thank You
For further information contact: SIGMA SOLVE Limited Contact: 079-29708387 Email: compliance@sigmasolve.net
Krunal Shah/ Naman Maheshwari Captive IR Strategic Advisors Pvt. Ltd Contact: +91 93724 67194 Email: krunal@cap-ir.com / naman@cap-ir.com