Sigma Advanced Systems Ltd

Sigma Advanced System Ltd share price inched up 4.99% to Rs 658.15 after the company's net profit plunged by 69.61% to Rs 38.16 crore, while revenue from operations gained 15.94% to Rs 374.28 crore in Q2FY26 over Q1FY26. The market capitalization of Aerospace & Defense industry group stocks on BSE stood at Rs 8.18 lakh crore, nosediving by 49.77%. It has marginally improved by 3.14% over last one week and rose by 10.40% in last one month while the market capitalization of Sigma Advanced System Ltd has eased by 3.09% and 113.22% in the same period respectively. Profit before tax (PBT) of Sigma Advanced System Ltd stood at Rs 49.22 crore in Q2 FY26, plunging by 70.74% year-on-year, and crashing by 61.36% quarter-on-quarter. EBITDA came in at Rs 56 crore, tanking 127.56% YoY and tumbling by 258.20% sequentially. Total expenses went up by 17.02% to Rs 320.87 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 140.83 crore, dropping by 16.19% YoY, while employee benefits expense was at Rs 87.55 crore, inching up 5.63% YoY. For the TTM ended FY26, revenue from operations remained flat to Rs 107.36 crore, while net profit soared by 232.94% to Rs 25.27 crore, compared to previous TTM. EBITDA tanked by 4564% to Rs 27.4 crore, and PBT soared 293.31% to Rs 32.33 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 19.38 crore in FY26, as against Rs 22.49 crore in FY25. Sigma Advanced System Ltd surged by 480.12% in last one year, significantly outperforming the benchmark BSE Sensex which has softened by 4.97% during the same period.

Sigma Advanced System Ltd share price declined by 2.64% to Rs 679.15 after the company's net profit witnessed a sharp fall of 69.61% to Rs 38.16 crore, while revenue from operations gained 15.94% to Rs 374.28 crore in Q2FY26 over Q1FY26. The market capitalization of Aerospace & Defense industry group stocks on BSE stood at Rs 8.16 lakh crore, tanking 48.12%. It has improved by 0.44% over last one week and ticked higher by 7.28% in last one month while the market capitalization of Sigma Advanced System Ltd has eased by 2.14% and 129.40% in the same period respectively. Profit before tax (PBT) of Sigma Advanced System Ltd stood at Rs 49.22 crore in Q2 FY26, nosediving by 70.57% year-on-year, and tumbling by 61.36% quarter-on-quarter. EBITDA came in at Rs 56 crore, plunging by 127.51% YoY and crashing by 258.20% sequentially. Total expenses rose by 17.02% to Rs 320.87 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 140.83 crore, falling by 16.19% YoY, while employee benefits expense was at Rs 87.55 crore, easing 5.63% YoY. For the TTM ended FY26, revenue from operations remained flat to Rs 107.36 crore, while net profit saw a strong growth of 232.94% to Rs 25.27 crore, compared to previous TTM. EBITDA saw a sharp decline of 4564% to Rs 27.4 crore, and PBT soared 293.31% to Rs 32.33 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 19.38 crore in FY26, as against Rs 22.49 crore in FY25. Sigma Advanced System Ltd surged by 466.19% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 2.83% during the same period.

Sigma Advanced Systems Limited, formerly Megasoft Limited, will hold a board meeting on Thursday, August 13, 2026, to consider and approve the standalone and consolidated unaudited financial results for the quarter ended June 30, 2026, according to a regulatory filing with the BSE Limited and National Stock Exchange of India Limited.

Sigma Advanced Systems Limited, formerly Megasoft Limited, announced that its Board of Directors approved the allotment of 4,32,777 equity shares of face value Rs 10 each at an issue price of Rs 347 per share on a preferential basis to allottees, as previously approved at the company’s June 28, 2026, Extraordinary General Meeting, resulting in a paid-up equity share capital of Rs 1,89,92,89,520.

Sigma Advanced System has secured a USD 104.9 million (roughly Rs 1,013 crore) export order from a North American customer for the manufacture and supply of 147,000 units of 155mm base bleed artillery shell bodies which are in massive demand worldwide. The order will be executed in the next 6 to 12 months. As Sigma continues to invest in R&D and further advance its technological capabilities, it is adapting to the latest global requirements. Having previously secured contracts for 155mm fuzes and M107 artillery shell bodies, the company is now manufacturing more technologically advanced blase bleed shells that integrate aerodynamics, energetics, propulsion-related technologies, and systems engineering into the projectile. The progression reflects Sigma's deliberate strategy to move up the value chain in artillery ammunition, building the engineering capability and programme credentials expected by global customers from their long-term strategic suppliers. The programme involves manufacturing of precision-engineered artillery projectile casings designed for integration into extended-range ammunition systems. Unlike conventional artillery shells, which experience aerodynamic drag and turbulence at the base of the projectile during flight, base bleed shells incorporate a gas-generating unit at the rear that reduces this drag, significantly extending the effective range of the system while maintaining full compatibility with existing 155mm artillery platforms in service worldwide.

Sigma Advanced Systems announced the acquisition of 100% of the equity share capital of Bromford Precision Solutions (Bromford), a leading UK-based specialist manufacturer of high-precision, complex aeroengine rings and other engine structures. The transaction, valued at approximately GBP 11.89 million (approximately Rs 153 crore), is expected to close by end July 2026, subject to customary closing conditions. The transaction represents an enterprise value to adjusted EBITDA (CY2026 estimate) multiple of approximately 4.6x, reflecting Sigma's disciplined approach towards value-accretive strategic acquisitions.

The contract will be executed over six months, with production and deliveries scheduled to be completed within the period. The order marks a strategic expansion for the company in the munitions space, transitioning from a fuze manufacturer to a full-scale artillery shell component producer. According to the company, the development strengthens its position as a comprehensive global defence manufacturing partner with end-to-end engineering and precision production capabilities. The project involves the production of 155 mm artillery shell bodies, a critical structural component of ammunition requiring advanced metallurgical expertise, precision machining, heat treatment, and stringent quality assurance processes. Sigma has obtained the necessary export authorisation from the Department of Defence Production (DDP), Ministry of Defence. The company said the scale of the order underscores its ability to execute high-volume, mission-critical defence manufacturing programmes for global clients. The 155 mm artillery calibre is widely used across NATO and allied defence systems and continues to see sustained global demand for ammunition and related components. The contract represents an important milestone in Sigma Advanced Systems' continued expansion into global defence markets. While the company has built long-standing relationships with leading global aerospace and defence OEMs, this engagement further strengthens its credentials as a trusted international manufacturing partner in the defence sector. The order also reflects a broader shift in global supply chains, with international customers increasingly seeking reliable, high-quality manufacturing partners capable of delivering critical defence products at scale. Sigma believes this engagement creates a strong foundation for future opportunities in ammunition manufacturing and related defence programmes. On its outlook, Sigma Advanced Systems said that with production anchored in India and participation in international defence programmes continuing to grow, the company remains focused on expanding its global footprint while contributing to India's emergence as a major defence manufacturing hub. The company continues to invest in advanced manufacturing technologies, engineering capabilities, and quality systems to meet the evolving requirements of global defence and aerospace customers. Commenting on the announcement, Sunil Kalidindi, CEO & Executive Director, Sigma Advanced Systems, said, This contract reflects the confidence international customers place in India's defence manufacturing ecosystem and in Sigma's ability to deliver complex, high-precision products at scale. Manufacturing artillery shell bodies requires deep expertise in metallurgy, precision engineering, process control, and quality assurance. This order strengthens our position within the global defence supply chain and demonstrates our ability to support international customers with world-class manufacturing capabilities from India. Sigma Microsystems is engaged in providing Embedded system solutions, with hardware and software, backed by its sound expertise in microprocessors, digital signal processors, VLSI designs and real-time systems. The company offers embedded modules and sub-stations, test benches and ATE, embedded boards, bus based boards and other related products. The company's consolidated net profit soared 1,400.7% to Rs 129.81 crore in Q4 FY26 as against Rs 8.65 crore in Q4 FY25. Revenue from operations surged 469% to Rs 322.82 crore in Q4 FY26 as against Rs 56.73 crore in Q4 FY25. The scrip fell 3.41% to Rs 421 on the BSE. Powered by Capital Market - Live

Sigma Advanced Systems has been awarded an export contract valued at US$21.97 Mn (nearly Rs 208 crore) for the manufacture and supply of 40,000 units of 155 mm M107 artillery shell bodies to a customer in North America. The contract will be executed over a six-month period, with production and deliveries scheduled for completion within this timeframe. This new order marks a strategic expansion in munitions capabilities for Sigma, moving from a fuze manufacturer to a complete artillery shell component production manufacturer. This dual capability highlights Sigma Advanced Systems' evolution into a comprehensive global defence munitions partner with end-to-end engineering and precision manufacturing expertise. Commenting on the announcement, Sunil Kalidindi, CEO & Executive Director, Sigma Advanced Systems, said, This contract reflects the confidence international customers place in India's defence manufacturing ecosystem and in Sigma's ability to deliver complex, high-precision products at scale. Manufacturing artillery shell bodies requires deep expertise in metallurgy, precision engineering, process control, and quality assurance. This order strengthens our position within the global defence supply chain and demonstrates our ability to support international customers with world-class manufacturing capabilities from India.

Sigma Advanced System announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 28 June 2026.

Net profit of Sigma Advanced System reported to Rs 128.45 crore in the quarter ended March 2026 as against net loss of Rs 4.76 crore during the previous quarter ended March 2025. Sales reported to Rs 322.82 crore in the quarter ended March 2026. There were no Sales reported during the previous quarter ended March 2025. For the full year,net profit reported to Rs 268.04 crore in the year ended March 2026 as against net loss of Rs 13.98 crore during the previous year ended March 2025. Sales rose 358.16% to Rs 491.88 crore in the year ended March 2026 as against Rs 107.36 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales322.820 0 491.88107.36 358 OPM %17.120 -9.7313.81 - PBDT135.394.65 2812 323.9637.20 771 PBT128.763.44 3643 309.4732.33 857 NP128.45-4.76 LP 268.04-13.98 LP Powered by Capital Market - Live