SIGMANSE17 November 2023

Sigma Solve Limited has informed the Exchange about Investor Presentation

Sigma Solve Limited

Date:- 17th November, 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

Sub.:- Investor/Analyst Presentation For Q2/H1 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

H1&Q2FY24

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 2 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 2 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 W W W . S I G M A S O L V E . C O M

2

S I G M A S O L V E L T D Q 2 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. H1 & Q2FY24 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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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 2 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 2 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 2 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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H1&Q2FY24 B usine ss High lights

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'm pleased to share that we achieved a robust growth in H1FY24. During the quarter, we strategically invested $100k in a USA-based AI company focused on QA Automation. We also launched a paralegal outsourcing segment through a partnership with Para Legal Plug and established Sigma Accounting Pvt Ltd. for bookkeeping and taxation in the USA and the UK.

During the quarter, our proactive approach helped us in to securing significant deals within the Logistics and Supply Chain sector. We've also made strides in software development and developed AI-based Chat GPT software tailored for wineries, Chat Bot Solutions, and ecommerce platforms. In October, we successfully completed our group simplification, with Sigma Solve Inc. now standing as a 100% subsidiary of Sigma Solve Limited.

Our revenue from operations in H1FY24 witnessed a remarkable 18% YoY growth and our PAT Margins remained steady at 29%. Going forward, we maintain our unwavering commitment to innovation and diversification with the aim to achieve the status of a $30 million revenue company within the next 2-3 years.”

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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H1FY24 Business Highlights

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

S t r a t e g i c C o l l a b o r a t i o n s

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

• Total Income in H1FY24 increased by 30%

YoY

Invested $100k in a USA-based AI company specializing in QA Automation;

• EBITDA was up 32% year on year

• Launch a new segment dedicated to

• EBITDA margins stood at 29%

• PAT stood at Rs.94.2 million as a result of strategic collaborations, deal wins and prudent financial management

paralegal outsourcing and partnering with a USA-based company Para Legal Plug, which has extensive expertise in the Legal field.

• Establishing a new outsourcing segment

called Sigma Accounting Pvt Ltd. for undertaking bookkeeping and taxation work in the USA and the UK.

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

• Boosting employee morale by awarding

higher appraisals leading to low resignations

• Utilizing RPAs for process automation to

pursue upsell opportunities.

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

• Successfully completed Group

Simplification with Sigma Solve Inc. in October 2023

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

H1FY24 Financial Snapshot

14

276

38%

29%

326

43%

29%

140

106

80

94

H1FY23

H1FY24

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%

10%

20%

20%

Cloud Solutions

Design Ui-Ux

Mobile Application

10%

Automation

Ecommerce

Logistics Solutions

Digital Marketing

Full Stack

Development

5%

5%

5%

5%

US

Canada

UK

Australia

Middle East

80%

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Operational Metric

16

TOTAL EMPLOYEES (NOS.)

EMPLOYEES ATTRITION (%)

156

169

2%

3%

24

15

Q1FY24

Q2FY24

Sales & Support Team

Development Team

Q1FY24

Q2FY24

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Order Book

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Order Book

• Order Book in Q2FY24 stood at US $200k.

Pipeline

• Projects in pipeline stood at US $250k

Growth

• There was a growth of 25% YoY.

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Key Deal Wins In Q2FY24

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G e n e r a t i v e A I / C h a t G P T

In the process of developing AI-based chat GPT software designed for wineries, Chat bot solutions & eCommerce.

D e n t a l I n s u r a n c e S o f t w a r e Collaborated with a USA-based Dental Insurance company to create dental insurance software.

02

03

L o g i s t i c s C R M

Created its own ERP software solution tailored for transportation management companies. Secured two orders for the logistic software and have generated four more qualified leads.

01

H e a l t h c a r e S o f t w a r e

Working on AI-based chat GPT software for healthcare professionals, specifically doctors creating a complete database of the professionals

04

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Consolidated Financial Statement Highlights H1FY24 v/s H1FY23

Revenue from operations grew by 18% YoY from Rs. 276.2 million in H1FY23 to Rs. 325.9 million in H1FY24 mainly due to revenue diversification as well as increase in scale of operations

EBITDA grew by 32% YoY from Rs. 105.9 million in H1FY23 to Rs. 140.1 million in H1FY24

Particulars (₹ Mn)

Revenue from Operations

Other Income

Total Income

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

PBT in H1FY24 stood at Rs.134.6 million

Total Comprehensive Income

PAT stood at Rs.94.2 million in H1FY24

Diluted EPS (Restated)

H1 FY24

H1 FY23

YoY%

Q2 FY24

19

325.9

24.4

350.3

210.2

140.1

43%

4.4

1.2

134.6

---

134.6

40.4

94.2

29%

4.3

98.5

6.06

276.2

-6.8

269.4

163.5

105.9

38%

1.7

0.1

104.1

---

104.1

23.8

80.3

29%

20.1

100.4

5.11

18%

---

30%

29%

32%

---

155%

1172%

29%

---

29%

70%

17%

---

-78%

-2%

19%

163.0

12.4

175.4

104.9

70.5

43%

3.2

1.1

66.2

---

66.2

25.6

40.7

25%

3.5

44.2

2.59

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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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P R E V I O U S 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.

In October’23, management completed the financial restructuring at a $5.07 million valuation (significant discount to market cap of Rs.4,960 million) for a 40.19% stake, giving Sigma Solve Limited shareholders 100% ownership of Sigma Solve Inc. The deal is significantly EPS accretive for minority shareholders.

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

Steps

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

As a result, Sigma Solve Inc. (SSI) is now fully owned by Sigma Solve Limited (SSL), entailing 100% ownership of sales and profits by SSL.

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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

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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. Sigma Solve, Inc has got approval for 2 candidates on

H1B and 1 candidate on L1A to come and work for it

from the USA.

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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Deep Service Expertise

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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

27

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

28

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

30

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.

31

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

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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

34

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%

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

35

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

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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

36

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

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Sigma Solve Ltd Consolidated Balance Sheet

37

Balance Sheet (₹ Mn)

H1FY24

FY23

Balance Sheet (₹ Mn)

H1FY24

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

84.14

-

0.03

-

-

8.93

65.82

0.04

-

-

Equity

Equity Share Capital

Other Equity

Non Controlling Interest

Total Equity

Non Current Liabilities

-Borrowings

29.34

18.82

Deferred Tax Liabilities

-

-

-

-

Provisions

Total Non-Current Liabilities

113.51

93.61

Current Liabilities

475.88

110.98

28.59

-

17.23

632.68

746.19

440.04

54.25

45.65

0.14

6.41

546.48

640.10

-Borrowings

-Trade Payables

- O/S dues of micros & small enterprises

- O/S dues of creditors other than above

Other financial liabilities

Provisions

Liabilities for current tax

Other Current Liabilities

Total Current Liabilities

Total Equity & Liabilities

102.77

319.95

195.15

617.87

43.52

2.80

4.66

50.98

102.77

260.36

161.35

524.48

30.14

2.03

3.20

35.37

11.80

8.56

-

11.66

19.17

24.33

8.98

1.40

77.34

746.19

-

8.22

12.08

0.97

49.19

1.23

80.25

640.10

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

Shareholding Pattern As of 30 th September 2023

27%

73%

Public

Promoters

38

SYMBOL

543917

SIGMA

LISTED

BSE (Main)

NSE (Main)

MKT CAP (As on 16th November 2023)

Rs. 475 Crores

Rs. 473 Crores

52 WEEK HIGH/LOW

Rs. 579.25/297.50

Rs.570/297.25

CURRENT MARKET PRICE (as on 16th November 2023)

Rs. 462

Rs.460

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%

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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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