Hyderabad-based aerospace and defence company making avionics, naval systems, radars, missile components and drones.
Hyderabad-based aerospace and defence company making avionics, naval systems, radars, missile components and drones.
In one line: A smaller Indian defence-electronics prime with a UK manufacturing footprint.
Moat: narrow (regulatory licence, IP / patents). Defence manufacturing licences and qualified export contracts, including a large North American order, support entry barriers.
Headquarters: Hyderabad, India · Founded: 1999 · Employees: 700
Size Sigma Advanced Systems (SIGMAADV.NS) is an India Information Technology company (Information Technology Services) with a market value of $1.83B, the 389th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹909.25 on 6 Nov 2026.
Performance Over six months the shares gained 195.7%, against -7.4% for the median peer and 0.0% for the India market (cap-weighted) — highest of 21 in its peer set.
Growth Revenue grew 358.2% over the last twelve months (peer median +6.0%); the operating margin is 11.9% (peer median 7.8%).
Valuation It trades at 20.5× enterprise value to sales against a peer median of 2.5× (3rd most expensive of 19).
Capital Return on invested capital runs 4.0 points below its cost of capital (20.0% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₹8.43B | ₹4.92B | ₹1.07B | ₹0 | ₹19.7M |
| Revenue growth | — | +358% | — | -100% | — |
| Gross profit | ₹2.77B | ₹988M | ₹219M | -₹53.1M | -₹56.4M |
| EBITDA | ₹1.21B | ₹418M | ₹156M | -₹88.1M | -₹177M |
| Net income | ₹1.52B | ₹2.68B | -₹140M | -₹127M | ₹88.3M |
| Free cash flow | n/a | -₹2.94B | -₹147M | -₹28.5M | ₹69.7M |
| Capital expenditure | n/a | ₹690M | ₹174M | ₹112M | ₹15.4M |
| Total debt | n/a | ₹3.32B | ₹1.48B | ₹1.47B | ₹1.46B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Sigma Advanced Systems SIGMAADV.NS | $1.83B | +196% | +358% | 12% | 20.5× | n/a |
| Zen Technologies ZENTEC.NS | $1.64B | +6% | +4% | 31% | 17.8× | 53.0% |
| Bharat Electronics BEL.NS | $30.6B | -10% | +20% | 26% | 9.2× | 38.2% |
| Data Patterns (India) DATAPATTNS.NS | $2.24B | -11% | +34% | 37% | 22.4× | 61.0% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | SIGMAADV.NS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -16.7% | -0.4% | 2nd lowest of 21 |
| 6-month return | +195.7% | -7.4% | highest of 21 |
| Distance from 52-week high | -21.9% | -32.2% | 9th highest of 21 |
| Revenue growth (TTM) | +358.2% | +6.0% | highest of 21 |
| Operating margin | 11.9% | 7.8% | 6th highest of 21 |
| EV / Sales | 20.5× | 2.5× | 3rd most expensive of 19 |
| ROIC minus cost of capital | -4.0 pp | -0.0 pp | 7th lowest of 18 |
| Net debt / EBITDA | 2.5× | -0.4× | 2nd most indebted of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Sigma Advanced Systems SIGMAADV.NS | India | $1.83B | +196% | +358% | 12% | 20.5× | n/a | n/a |
| Concentrix CNXC | United States | $1.85B | +25% | +3% | 8% | 0.7× | -11.9% | +15.8% |
| A10 Networks ATEN | United States | $1.80B | -11% | +12% | 17% | 5.4× | 16.7% | +5.2% |
| Computer Age Management Services CAMS.NS | India | $1.87B | -15% | +9% | 39% | n/a | n/a | n/a |
| CETC Cyberspace Security Technology 002268.SZ | China | $1.77B | -11% | -3% | 1% | 4.5× | n/a | n/a |
| Formula Systems (1985) Ltd. Sponsored ADR FORTY | United States | $1.75B | -26% | +1% | 8% | 0.7× | -3.4% | +6.3% |
| Kainos KNOS.L | United Kingdom | $1.92B | +57% | +17% | 11% | 3.1× | 21.7% | +12.9% |
| Transportation Telecommunication and Information Development Inc. Ltd. Zhejiang 300469.SZ | China | $1.72B | -18% | -15% | -102% | 51.2× | n/a | n/a |
| GMO Internet 9449.T | Japan | $1.94B | -4% | +6% | 21% | n/a | n/a | n/a |
| Shift 3697.T | Japan | $1.71B | +61% | +24% | 11% | 1.7× | -2.2% | +28.6% |
| Omnicell OMCL | United States | $1.70B | -15% | +6% | 5% | 1.2× | 11.7% | +5.8% |
| Atea ATEA.OL | Norway | $1.99B | +6% | +12% | 4% | 0.5× | -5.0% | -1.1% |
| Northking Information Technology 002987.SZ | China | $1.67B | -14% | +1% | 6% | 2.2× | 16.2% | +16.1% |
| PC Connection CNXN | United States | $2.00B | +19% | +10% | 4% | 0.5× | n/a | n/a |
| Simplex Holdings,Inc 4373.T | Japan | $1.66B | +25% | +20% | 23% | 4.2× | 12.4% | +16.3% |
| secunet Security Networks YSN.DE | Germany | $1.66B | +20% | +13% | 11% | 3.1× | n/a | n/a |
| Mega Fortune MGRT | United States | $1.65B | -14% | -8% | -37% | 2,072.0× | n/a | n/a |
| Zen Technologies ZENTEC.NS | India | $1.64B | +6% | +4% | 31% | 17.8× | 53.0% | +66.0% |
| Globant GLOB | United States | $2.05B | +21% | -1% | 10% | 1.0× | -1.2% | +24.7% |
| CETC Digital Technology 600850.SS | China | $1.62B | -18% | -1% | 2% | 1.2× | 19.1% | +5.8% |
| Beijing Teamsun Technology 600410.SS | China | $2.09B | -42% | +19% | -9% | 2.7× | 26.0% | +3.6% |