Sigma Solve LimitedQ1 FY27 Results & Financial Update
Sigma Solve Limited: Q1 FY27 consolidated results and company financials – revenue ₹23.03 Cr, PAT ₹12.58 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.
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Chart · Market context
Sigma Solve price & chart
Quarter overview
Quarterly earnings analysis
Sigma Solve Limited released its unaudited consolidated and standalone financial results for the quarter ended June 30, 2026, approved by the Board of Directors on July 31, 2026.
Consolidated revenue from operations for Q1 FY27 stood at INR 23.03 crore, while total income reached INR 32.00 crore, reflecting strong top-line contributions from other income components.
Profit after tax (PAT) for the quarter rose significantly to INR 12.58 crore, reflecting robust bottom-line growth on both a sequential and annual basis.
Earnings per share (EPS) for the quarter stood at INR 1.22, improving compared to earlier periods.
The company's statutory auditors, M/s. Mistry & Shah LLP, conducted a limited review and issued an unmodified review report on the financial results.
The Board proposed the re-appointment of M/s. Mistry & Shah LLP as statutory auditors for a second consecutive term of five years, subject to shareholder approval at the upcoming 16th Annual General Meeting.
During the quarter, consolidated revenue from operations stood at INR 23.03 crore, while total consolidated income reached INR 32.00 crore, boosted by other income streams.
01 · Business model
What does Sigma Solve do?
Sigma Solve Limited is an enterprise software solutions provider operating out of Ahmedabad, Gujarat, delivering custom software development and technology services.
The company generates its primary revenue streams from operations across software services, supported by other operating income.
The consolidated group structure includes subsidiary entities Sigma Solve Inc. and Rish Info Logistics Private Limited.
The enterprise model relies on consulting, technical solutions delivery, and enterprise support to serve a diversified international and domestic clientele.
02 · Historical context
What shaped the business before this quarter
The company raised public funds via an initial public issue on October 15, 2020, allocating capital toward acquisitions, investments in subsidiaries, and general corporate purposes.
The company completed its first five-year term with statutory auditors M/s. Mistry & Shah LLP, leading to a proposal for their re-appointment through the 21st AGM in 2031.
03 · Financial snapshot
Current quarter vs the two useful baselines
| Metric | Q1 FY27 | Year-ago | Previous quarter |
|---|---|---|---|
| Revenue from operations | ₹23.03 Cr | ₹20.66 Cr | ₹24.64 Cr |
| Total income | ₹32.00 Cr | ₹22.80 Cr | ₹23.86 Cr |
| Profit before tax | ₹16.48 Cr | ₹6.83 Cr | ₹6.76 Cr |
| Profit after tax | ₹12.58 Cr | ₹5.18 Cr | ₹5.36 Cr |
| EPS | ₹1.22 | ₹0.50 | ₹0.52 |
Financial interpretation
What the reported numbers mean
Profit after tax represented 54.6% of reported quarterly operating revenue. This is a calculated net-profit-to-sales ratio, not a company-reported operating margin. It measures the outcome after expenses and tax; it does not, by itself, establish how margins changed versus another period.
Profit before tax was equivalent to 71.5% of quarterly operating revenue. The distinction between pre-tax and post-tax profit matters when interpreting earnings; neither ratio identifies an underlying cost driver without a properly matched comparative period.
Total income exceeded operating revenue by ₹8.97 crore. This is the disclosed difference between the two lines, not incremental sales. The distinction matters when assessing how much of the quarter’s reported income came from the operating top line.
Ratios above are calculated from the reported quarterly figures. They are analytical descriptions, not company-reported margin guidance or an investment recommendation.
04 · Why it moved
Why the quarter looked the way it did
What drove revenue
Revenue from operations contributed INR 23.03 crore during the quarter.
Other income contributed significantly to the total consolidated income, bringing total income to INR 32.00 crore for Q1 FY27.
Reported at INR 23.03 crore for the quarter ended June 30, 2026.
Contributed significantly to total income, bringing consolidated total income to INR 32.00 crore.
What drove margins
Employee benefit expenses formed a major part of the cost structure at INR 9.34 crore on a consolidated basis.
Other operational expenses stood at INR 2.38 crore for the quarter.
Total consolidated expenses for the quarter were restricted to INR 15.53 crore, helping expand profitability margins.
Consolidated employee benefit expenses were reported at INR 9.34 crore for the quarter.
05 · Segments, products & geography
Which parts of the business are doing the work
Segments and products
The company operates in a single reportable business segment, and consequently, no separate segment-wise disclosures are required under Indian Accounting Standard 108.
06 · Reported developments
What changed operationally
Consolidated profit after tax expanded to INR 12.58 crore for the quarter ended June 30, 2026.
07 · Cash flow & balance sheet
Profit is one thing. Cash and funding tell another part of the story.
Out of original public issue proceeds, unutilized amounts of INR 75.45 lakh for general corporate purposes remained categorized under general corporate use as per the statement of deviation or variation.
Capital allocation & funding
Consolidated finance costs for the quarter were contained at INR 0.04 crore.
08 · Beyond the numbers
What changed beyond the numbers
Auditor Re-appointment
The Board of Directors approved the re-appointment of M/s. Mistry & Shah LLP as statutory auditors for a second 5-year term spanning from the 16th AGM to the 21st AGM in 2031.
AGM and Dividend Approvals
The Board approved the draft directors' report, notice calling the 16th AGM, and final dividend for the financial year ended March 31, 2026.
09 · Key Q&A
The quarter, answered directly
What does Sigma Solve do?
Sigma Solve Limited is an enterprise software solutions provider operating out of Ahmedabad, Gujarat, delivering custom software development and technology services.
What is the clearest takeaway from Q1 FY27?
Sigma Solve Limited released its unaudited consolidated and standalone financial results for the quarter ended June 30, 2026, approved by the Board of Directors on July 31, 2026.
What drove revenue or demand?
Revenue from operations contributed INR 23.03 crore during the quarter.
What mattered most for margins or profitability?
Employee benefit expenses formed a major part of the cost structure at INR 9.34 crore on a consolidated basis.
What changed operationally beyond the headline numbers?
The Board of Directors approved the re-appointment of M/s. Mistry & Shah LLP as statutory auditors for a second 5-year term spanning from the 16th AGM to the 21st AGM in 2031.
What should the next disclosure help confirm?
Upcoming AGM scheduled to approve statutory auditor re-appointment, financial statements, and other corporate matters.
10 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
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11 · Next filing checkpoints
What the next disclosure can confirm or change
- 01
16th Annual General Meeting: Upcoming AGM scheduled to approve statutory auditor re-appointment, financial statements, and other corporate matters.
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