SIGMANSE17 August 2023

Sigma Solve Limited has informed the Exchange about Investor Presentation

Sigma Solve Limited

Date: 17th August, 2023

To,

National Stock Exchange of India Limited Exchange Plaza, Bandra-Kurla Complex Bandra (E), Mumbai- 400 051, Maharashtra, INDIA

BSE Limited Phiroze Jeejeebhoy Towers Dalal Streel Mumbai-400 001 Maharashtra, INDIA

Symbol: SIGMA

Scrip Code: 543917

Subject:- Investor/Analyst Presentation For Q1 FY 2023-24

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

Prakash R Parikh Managing Director DIN: 03019773

Encl.:- A/a

+91 9898095243 079 29708387

www.sigmasolve.in CIN: L72200GJ2010PLC060478

801-803, PV Enclave, ICICI Bank Lane Road Sindhubhavan Road, Ahmedabad - 380054

1

Q1FY24

I N V E S T O R P R E S E N T A T I O N

© S I G M A S O L V E L T D . A L L R I G H T S | Q 1 F Y 2 4 E A R N I N G S P R E S E N T A T I O N © S I G M A S O L V E L T D . A L L R I G H T S | Q 1 F Y 2 4 E A R N I N G S P R E S E N T A T I O N

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2

S I G M A S O L V E L T D Q 1 F Y 2 4

Disclaimer

This presentation and the accompanying

forward-looking statements that involve a

This Presentation has been prepared by the

slides

(the

“Presentation”),

have

been

number of risks and uncertainties that could

Company based on information and data

prepared by Sigma Solve Limited (the

cause actual results to differ materially from

which the Company considers reliable. This

“Company”) solely for information purposes

those in such forward-looking statements.

Presentation may not be all-inclusive and

and

do

not

constitute

any

offer,

The Risk and uncertainties relating to the

may not contain all of the information that

recommendation, or invitation to purchase or

statements include but are not limited to,

you may consider material. Any liability in

subscribe to any securities and shall not form

risks and uncertainties regarding fiscal policy,

respect of the contents of, or any omission

the basis or be relied on in connection with

competition,

inflationary

pressures,

and

from, this Presentation is expressly excluded.

any

contract

or

binding

commitment

general

economic

conditions

affecting

The Company does not make any promise to

whatsoever. No offering of securities of the

demand/supply and price conditions

in

update/provide such a presentation along

Company will be made except by means of a

domestic and international markets. The

with results to be declared in the coming

statutory

offering

document

containing

Company does not undertake to update any

quarters and years.

detailed information about the Company.

forward-looking statement that may be made

Certain statements

in this presentation

concerning our future growth prospects are

from time to time by or on behalf of the

Company.

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Table of Contents

01. Business Overview

02. Q1FY24 Highlights

03. Investment Thesis

04. Appendix

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B u s i n e s s O v e r v i e w

S I G M A S O L V E L T D

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5

Hello, Welcome to the future

Reinventing Businesses Through AI and Innovative Digital Solutions

Ranked # 2021 Inc 5000 America’s fastest growing 5000 companies

© S I G M A S O L V E L T D . A L L R I G H T S | Q 1 F Y 2 4 E A R N I N G S P R E S E N T A T I O N © S I G M A S O L V E L T D . A L L R I G H T S | Q 1 F Y 2 4 E A R N I N G S P R E S E N T A T I O N

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D I G I T A L I N N O V A T I O N

6

• Digital Transformation • AI, RPA & ML Services • Generative AI • Data Analytics Services • Cloud & DevOps • Custom Software Dev

200+ Developers

Enterprise Digital Solutions

1000+ Projects

450+ Clients

© S I G M A S O L V E L T D . A L L R I G H T S | Q 1 F Y 2 4 E A R N I N G S P R E S E N T A T I O N

Business Overview

Sigma Solve Inc stands at the forefront of AI and Digital

transformation companies, swiftly advancing in the

competitive landscape of America.

1 5 + y e a r s o f e x p e r i e n c e i n

d i g i t a l i n n o v a t i o n

I m p l e m e n t i n g t r e n d i n g

t e c h n o l o g i e s f o r t h e f u t u r e

C r e a t i v e e x p e r t i s e , r o b u s t

s t r a t e g y , c o m p r e h e n s i v e

s e r v i c e r a n g e

S t r o n g c l i e n t b o n d s ,

9 0 % r e t e n t i o n r a t e

T e c h n o l o g y D r i v e n ,

E n t r e p r e n e u r i a l C u l t u r e

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S I G M A S O L V E L T D

Our Vision

Delivering innovative, comprehensive, and budget-friendly

digital solutions to clients worldwide, harnessing the power of

technology to establish a global impact in the digital landscape.

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S I G M A S O L V E L T D

Our Mission

Our guiding philosophy revolves around assisting our clients in staying ahead of

the curve amidst the fast-paced world, ensuring their growth and success by

embracing forward-looking technologies and services.

M i s s i o n # 0 1

Our mission is to deliver on the potential of

technology and human creativity, helping our

clients be the best versions of themselves.

M i s s i o n # 0 2

To take ownership of technology-driven

projects by providing solutions, through

technical excellence and consultancy.

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Value Proposition

Reliable innovation, trusted growth partnerships. Delivering on promises for cutting-edge success.

9

We embody the spirit of reinvention, fueling

With a relentless pursuit of innovation, we provide

We are committed to upholding our credibility,

business transformation through our innovative

our clients with cutting-edge technologies and

delivering on our promises, and fostering trusted

solutions and exceptional brainpower.

services that propel their growth and success.

partnerships.

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Over a Decade of Experience

Prepared to join the industry's leaders, making a significant impact and embracing success on a grand scale.

2 0 1 0

2 0 1 4

2 0 1 8

2 0 2 0

2 0 2 2

2 0 2 3

Initial partnerships

Microsoft .NET

Listed on the

Reached milestone of

Got Listed on NSE &

Incorporated as

Sigma Solve Limited

with 2 employees

with 3Dcard

Silver Partnership

(now Shift4Shop) -

150+ employees

in USA & India

Onshore Operations &

HQ Sunrise Florida

National Stock

Exchange –

SME platform

200+ trained

BSE main board in the

Software consultants

month of June

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Q1FY24 Bus iness Highlight s

S I G M A S O L V E L T D

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S I G M A S O L V E L T D

Management Commentary

“I am delighted to share that we have delivered strong

YoY. PAT Margins for the quarter stood at 33%.

results in Q1FY24. During the quarter, we successfully

secured key deals and ventured into proprietary product

development, particularly within the Logistics and Supply

Chain sector, resulting in the addition of three new

clients. This has highlighted our ability in addressing

market opportunities as well as deliver

innovative

solutions. We also sold Robotic Process Automation

(RPA) as well as partnered with a few wine companies to

develop a product off of Chat GPT.

I am also thrilled to announce that we have achieved

#2021 ranking in the Inc 5000 Americas Fastest Growing

Private Companies, highlighting our dedication to growth

and innovation. Our ongoing group simplification

initiative

is

approaching

its

conclusion,

further

streamlining our operations for enhanced efficiency. As

we look ahead, we remain steadfast in our vision to

become about $30 million revenue company by next 2-3

years, driven by our unwavering commitment

to

Financially, our continued efforts towards

revenue

innovation, diversification, and exceptional stakeholder

diversification as well as scaling our operations has

value.”

resulted in the growth of our revenue in Q1FY24 by 36%

M r . P r a k a s h P a r i k h M a n a g i n g D i r e c t o r

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Q1FY24 Business Highlights

13

F i n a n c i a l P e r f o r m a n c e

E x p a n s i o n P l a n s

G r o w t h D r i v e r s

• Revenue from Operations increased by

36% over same period last year

• Established a new state-of-the-art office with 200+ capacity in Ahmedabad, India

• Engaging in talks with Oracle for

technological partnerships.

• EBITDA was up 111% year on year

• EBITDA margins stood at 43% for the

quarter

• Profit After Tax saw a rise of 111% as

compared to the previous year because of deal wins as well as diversification of revenue.

• Focusing on expanding in Atlanta and

Florida regions through lead generation

• Utilizing RPAs for process automation to

pursue upsell opportunities.

• Planning to set up a developer’s team in

Colombia and Brazil to take the time zone benefit for US based clients

• Recruited key marketing professionals to boost lead generation in different regions.

In last phase of Group Simplification with Sigma Solve Inc.

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S I G M A S O L V E L T D

Q1FY24 Financial Snapshot

180

160

140

120

100

80

60

40

20

0

120

28%

21%

33

25

57%

136

78

27%

38

163

43%

33%

70

54

60%

50%

40%

30%

20%

10%

0%

Q1FY23

Q4FY23

Q1FY24

Revenue from Operations

EBITDA

PAT

EBITDA Margins

PAT Margins

Consolidate Financials - ₹ in Millions

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Well Diversified Revenue Stream

S I G M A S O L V E L T D

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R E V E N U E A S P E R S E R V I C E S

R E V E N U E A S P E R G E O G R A P H I E S

5%

20%

10%

5%

5%

5%

30%

Cloud Solutions

Design Ui-Ux

Mobile Application

Automation

20%

Ecommerce

Logistics Solutions

Digital Marketing

Full Stack

Development

5%

5%

5%

5%

US

Canada

UK

Australia

Middle East

80%

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Operational Matrix

16

TOTAL EMPLOYEES (NOS.)

EMPLOYEES ATTRITION (%)

122

131

156

5%

2%

2%

34

37

24

Q1FY23

Q4FY23

Q1FY23-24

Sales & Support Team

Development Team

Q1FY23

Q4FY23

Q1FY23-24

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Key Deal Wins In Q1FY24

17

Logistics CRM

Robotic Process Automation

Generative AI /ChatGPT

Sigma Solve, Inc created their own product

Sigma Solve Inc provided Robotic Process

Sigma Solve Inc has collaborated with several

for the Logistics and Supply Chain companies

Automation services to 3 clients

wine companies to develop a ChatGPT-based

and enrolled 3 new clients.

product, enhancing the wine buying

experience for consumers.

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Consolidated Financial Statement Highlights Q1FY24 v/s Q1FY23

Revenue from operations grew by 36% YoY from Rs. 119.8 million in Q1FY23 to Rs. 162.9 million in Q1FY24 mainly due to revenue diversification as well as increase in scale of operations

EBITDA increased by 111% YoY to Rs. 69.7 million in Q1FY24

PBT for the quarter stood at Rs.68.3 million

PAT Margins for the quarter stood at 33% as compared to 21% in Q1FY23.

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

PAT Margin %

Other comprehensive profit / loss

Total Comprehensive Income

Diluted EPS (Restated)

Q1 FY24

Q1 FY23

YoY%

Q4 FY23

18

162.9

11.9

174.8

105.2

69.7

43%

1.2

0.1

68.3

---

68.3

14.8

53.5

33%

0.8

54.3

3.5

119.8

-6.8

113.0

79.9

33.1

28%

0.8

0.0

32.2

---

32.2

6.9

25.3

21%

16.2

41.5

2.5

36%

---

55%

32%

111%

1510 bps

49%

---

112%

---

112%

114%

111%

1173 bps

-95%

31%

39%

136.4

15.7

152.1

74.5

77.6

57%

2.6

0.1

74.9

---

74.9

37.4

37.5

27%

-12.7

24.8

1.5

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Investment Thesis

S I G M A S O L V E L T D

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01. Technocrat Leadership

02. Dedicated Workforce

03. Global Tie-ups & Marquee Clients

04. Simplification of Group Structure

05. Strong Financial Growth Trajectory

06. Deep Service Expertise

07. Customized Delivery Model

08. Well Diversified Revenue Streams

09. Well Established Global Footprints

S I G M A S O L V E L T D

Investment Thesis

10. Healthy Project Pipeline

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Leadership

21

P r e r a k P a r i k h C O - F O U N D E R

B i r e n Z a v e r c h a n d C O - F O U N D E R

K e n t N e l s o n V P S A L E S

C h i n m a y S h a h C F O

B h a v i n S a n g h a n i V P D E L I V E R Y

A l p e s h S a r v a i y a V P E N G I N E E R I N G

J o y C h a u h a n V P O P E R A T I O N S

A j a y S h u k l a V P M A R K E T I N G

N e h a l S h a h P r e - s a l e s M a n a g e r

C a v i n G a j j a r D B M a n a g e r

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S I G M A S O L V E L T D

Hybrid Model Delivery by Tech-Driven Employees

• The company excels with a dynamic team of

200+ professionals.

• It utilizes a hybrid model for effective communication and cost-efficiency • The onshore team resolves client issues

promptly

• The offshore team brings innovative problem-

solving ideas.

• Sales operate in the USA, operational team is

in India

No. of Employees (Approx) & Employee cost as % of Revenues

37%

36%

33%

148

155

200

FY21

FY22

FY23

250

200

150

100

50

0

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38%

37%

36%

35%

34%

33%

32%

31%

30%

Global Tie-ups & Diversified Client Base

S I G M A S O L V E L T D

T E C H N O L O G Y P A R T N E R S

M A R Q U E E C L I E N T S

S E R V I C I N G H I G H G R O W T H S E C T O R S

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• Real Estate • Healthcare • Energy & Utilities • Fintech & Insurance • Manufacturing • Retail & eCommerce • Travel & Hospitality • Logistics & Supply Chain • Education & E-Learning • Media & Entertainment • Oil & Gas • Taxation

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Simplification of Group Structure

S I G M A S O L V E L T D

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C U R R E N T G R O U P S T R U C T U R E

SIGMA SOLVE LIMITED

~ 59.81% STAKE

SIGMA SOLVE INC

Sigma Solve Inc. is a subsidiary of Sigma

Solve Limited which is based out of the

USA. It acts as an ambassador to

Sigma Solve Ltd in USA.

F U T U R E G R O U P S T R U C T U R E

Steps

In order to unlock the full potential, Management is focused to simplify the Group Structure of Sigma Solve Ltd by acquiring the remaining 40.19% stake.

S I G M A S O L V E L I M I T E D

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Deep Service Expertise

25

Custom Software Development Advanced knowledge of web application development

Mobile App Development Multi-interface mobile app development using native coding

Cloud Solutions Managed Cloud for Azure capabilities

eCommerce Development End to end solutions for implementing eCommerce strategy

Enterprise, ERP & CRM Solutions Solutions span from eCommerce CRM, CMS, Mobility & custom application

Digital Marketing Services end-to-end digital marketing services

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Technology Platforms Expertise

26

FRONTEND

MOBILE

BACKEND

React.js Angular.js

Vue.js Bootstrap

Kotlin

Swift

Flutter

React Native

.Net

Java

Python

PHP

Node

CLOUD COMPUTING/DEVOPS

ECOMMERCE

MARKETING 360 & ANALYTICS

AWS

Azure

Docker Kubernetes

Magento

Shopify Shift4shop

nopCommerce

Tableau

Salesforce Power Bi

AI/ ML & AR/ VR

API Integration

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Engagement Models

O n s i t e

Resource on-demand

Repetitive scope

27

H y b r i d & P a r t n e r s h i p

Global development centres

Hybrid / multi-shore resources

Agile team

O f f s h o r e

Fixed cost / hourly projects

Continues communication

Cost advantage

D e d i c a t e d T e a m

Long term project / product development

Extended development team

Scale up/down as needed

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T i m e & M a t e r i a l

Best for open & agile scope

Flexibility to modify requirement

Multi-phase projects

Well Established Global Footprints

S I G M A S O L V E L T D

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Florida USA

Atlanta USA

The Netherlands

India

Australia

1560 Sawgrass Corporate Parkway, Sunrise, Florida 33323

3350 Riverwood Parkway Atlanta GA, 30339

The Netherlands, Amsterdam, 1069 GA

801, PV Enclave, Sindhu Bhavan Road, Ahmedabad - 380054

Suite 3, 1330 Ferntree Gully Road, Scoresby Victoria, 3179

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Healthy Project Pipeline

Company is witnessing a very strong project pipeline and expects this trend to continue for years to come

29

Services (No. of Projects)

2022(A)

2023(A)

2025(E)

2027(E)

Mobile Solution

Digital Marketing Services

Cloud Solution

Web & E-Commerce Development

Application Development

Enterprise Solution

Design, Automation Testing & Quality Assurance

30

6

6

60

35

9

30

35

8

8

75

43

11

38

49

10

10

99

58

15

49

76

15

15

152

88

23

76

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Growth Plans For FY24 and Beyond

Strong order book, strategic acquisitions, successful

client partnerships, and operational efficiency.

30

Achieve operational efficiencies and higher revenue charge-out rates

Continue successful client acquisitions in various technologies,

Strategic acquisitions to drive growth and profitability through global partnerships

Maintain a strong order book averaging $550-600k providing healthy revenue visibility for the next 3-4 months

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Appendi x

S I G M A S O L V E L T D

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S I G M A S O L V E L T D

Industry Opportunities - Impetus for Growth

The Future is Cloud • Businesses across the globe have been migrating to Cloud Services • The growth in cloud adoption is anticipated to be robust due to its ability to facilitate the adoption of emerging technologies like Augmented Reality (AR) and Blockchain. • Cloud transformation is expected to have a longer and stronger cycle as enterprises are still in the early stages, with only 30% of workloads migrated to the cloud.

Mobile Apps bringing tremendous change to lifestyles • Mobile Applications are changing the way of doing business. • Factors such as the expanding consumer base in the e-commerce industry and the widespread adoption of smartphones contribute to the growth of the mobile

application market.

• The market's growth is driven by the continued expansion of enterprise applications,

increased focus on health and fitness apps, thriving e-commerce, and the high demand

for gaming apps with substantial downloads and in-app purchases.

SSL is poised for these growth opportunities

© S I G M A S O L V E L T D . A L L R I G H T S | Q 1 F Y 2 4 E A R N I N G S P R E S E N T A T I O N

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CLOUD PENETRATION REMAINS BELOW 30% IN CRUCIAL VERTICLES

25

20

20

8

28

28

20

19

20

20

20

20

20

25

25

23

25

23

22

20

5

8

16

5

SaaS(%)

PaaS(%)

IaaS(%)

Enterprise Pvt

Dedicated

On-Demand

Cloud (%)

Hosted Pvt

Hosted Pvt

Cloud (%)

Cloud (%)

Banking

Retail

Transportation

Process Manufacturing

MOBILE APPLICATION MARKET SIZE (US$ BN)

725

603.08

501.66

417.3

347.12

288.75

240.19

199.8

138.25

166.25

2021

2022

2023

2024

2025

2026

2027

2028

2029

2030

W W W . S I G M A S O L V E . C O M

S I G M A S O L V E L T D

Unfolding the Growth Story

Record High Performance; Approval to Migrate Equity to NSE & BSE

33

A p p r o v a l f r o m N S E & B S E

D e a l W i n s

• Received In-principal Approval from NSE and BSE

o 20% more deals won than in 2022

for migration of equity shares from NSE Emerge

platform to Mainboard of NSE and BSE

R e c o r d F Y 2 3 R e v e n u e P e r f o r m a n c e

S t r o n g C a s h P o s i t i o n

• Revenue at Rs. 555 Mn; up 35%

• Revenue 3 Year CAGR = 74%

• Cash & cash equivalents for FY23 = Rs. 225.87 Mn;

up 91% from FY22

S k y r o c k e t i n g F Y 2 3 P r o f i t s

• EBITDA & PAT = Rs. 224Mn & Rs. 153Mn resp.

• EBITDA 3 Year CAGR = 129% & PAT 3 Year CAGR = 99%

© S I G M A S O L V E L T D . A L L R I G H T S | Q 1 F Y 2 4 E A R N I N G S P R E S E N T A T I O N

W W W . S I G M A S O L V E . C O M

S I G M A S O L V E L T D

34

Note - All figures in Rs. Mn

Strong Financial Growth Trajectory

Revenue from Operations

EBITDA & EBITDA Margin (%)

PAT & PAT Margin (%)

3 Year CAGR = 74%

554

411

37%

224

40%

34%

25%

142

153

28%

212

104

20%

35%

150

73

19

18%

19

52

FY20

FY21

FY22

FY23

FY20

FY21

FY22

FY23

FY20

FY21

FY22

FY23

Net Cash from Operations

197

164

36%

ROCE (%)

47%

43%

ROE (%)

42%

27%

30%

53

4

FY20

FY21

FY22

FY23

FY21

FY22

FY23

FY21

FY22

FY23

© S I G M A S O L V E L T D . A L L R I G H T S | Q 1 F Y 2 4 E A R N I N G S P R E S E N T A T I O N

W W W . S I G M A S O L V E . C O M

S I G M A S O L V E L T D

Consolidated Income Statement

Revenue from operations grew by 35% from ₹410.92 Mn in FY22 to ₹554.46 Mn in FY23 mainly due to an increase in the scale of operations and robust demand for the services provided by SSL.

EBITDA grew by 49% from ₹150.13 Mn in FY22 to ₹223.85 Mn in FY23 and EBITDA Margins increased from 37% in FY22 to 40% in FY23

PBT for the year increased by 45% to ₹234.34Mn

PAT stood at ₹152.76 Mn in FY23 as compared to ₹141.56 Mn in FY22 showing a growth of 8% YoY. PAT Margins stood at 28% in FY23 and 34.5% in FY22

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 %

Diluted EPS (Restated)

FY21

211.53

3.43

214.96

69.65

68.59

73.29

34.65%

0.07

3.19

73.50

3.28

18.18

0.03

21.5

51.98

-

51.98

24.57%

3.03

FY22

410.92

13.57

424.49

152.43

108.36

150.13

36.54%

0.03

2.32

161.35

3.23

16.56

(0.04)

19.8

141.6

-

141.6

34.46%

8.72

35

FY23

554.46

14.41

568.88

202.22

128.39

223.85

40.37%

0.10

3.83

234.34

9.66

71.53

0.39

81.59

152.76

-

152.76

28%

9.64

© S I G M A S O L V E L T D . A L L R I G H T S | Q 1 F Y 2 4 E A R N I N G S P R E S E N T A T I O N

W W W . S I G M A S O L V E . C O M

Sigma Solve Ltd Consolidated Balance Sheet

36

Balance Sheet (₹ Mn)

FY21

FY22

FY23

Balance Sheet (₹ Mn)

FY21

FY22

FY23

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

6.88

0.06

0.10

5.74

0.06

0.07

6.25

65.82

0.04

Equity

Equity Share Capital

Reserves & Surplus

Minority Interest

Shareholders Fund

47.92

43.32

260.04

Liabilities

0.23

4.45

59.64

9.86

36.11

109.86

0.01

0.87

156.71

216.35

0.26

0.54

49.67

164.60

32.39

118.45

0.01

0.62

316.07

365.74

0.54

332.69

12.01

54.24

225.87

0.15

6.25

298.51

631.20

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

© S I G M A S O L V E L T D . A L L R I G H T S | Q 1 F Y 2 4 E A R N I N G S P R E S E N T A T I O N

41.11

96.46

56.72

194.28

41.11

188.24

111.55

340.9

102.78

238.98

175.65

517.41

10.10

-

30.14

-0.25

10.10

2.06

1.45

1.45

7.96

0.48

2.05

-0.26

1.78

4.23

2.76

2.76

15.87

0.19

3.20

0.19

33.54

8.56

5.91

5.91

47.95

17.85

11.97

216.35

23.05

365.74

80.26

631.20

W W W . S I G M A S O L V E . C O M

S I G M A S O L V E L T D

Shareholding Pattern As of 30th June'2023

27%

73%

Public

Promoters

37

SYMBOL

543917

SIGMA

LISTED

BSE (Main)

NSE (Main)

MKT CAP (As on 17th August 2023)

Rs. 483 Crores

Rs. 504 Crores

52 WEEK HIGH/LOW

Rs. 505.80/297.50

Rs.502.70/297.25

CURRENT MARKET PRICE (as on 17th August 2023)

Rs. 490

Rs.490

Shareholding Pattern

Particulars

No. of Shares

% of Holding

Public

Promoters

Total

27,52,500

75,24,998

1,02,77,498

26.78%

73.22%

100%

© S I G M A S O L V E L T D . A L L R I G H T S | Q 1 F Y 2 4 E A R N I N G S P R E S E N T A T I O N

W W W . S I G M A S O L V E . C O M

Thank you

Investor Relations Contact

Tanya Verma Go India Advisors Tanya@GoIndiaAdvisors.com M:+91 97270 30985

Sana Kapoor Go India Advisors sana@GoIndiaAdvisors.com M:+91 81465 50469

Sheetal Khanduja Go India Advisors sheetal@GoIndiaAdvisors.com M:+91 97693 64166

SIGMA SOLVE LTD

Company Contact

079-29708387

compliance@sigmasolve.net

801, PV Enclave, Sindhu Bhavan Road, Ahmedabad - 380054

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W W W . S I G M A S O L V E . C O M

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