Sigma Solve Limited has informed the Exchange about Investor Presentation
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
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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
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D I G I T A L I N N O V A T I O N
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• 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
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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
13
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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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
18
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
23
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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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
25
• 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
26
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
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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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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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