SIGMAADVSigma Advanced Systems Ltd.
Sigma Advanced Systems Q2 FY27 Results: Consolidated Net Profit ₹48.60 Crore on Total Income of ₹424 Crore
- Earnings
- Aerospace and defence
Reviewed byRachit TripathiBlacklitt Research
Sigma Advanced Systems said in a filing on 6 Nov 2026 that consolidated total income for the quarter ended 30 Sep 2026 was ₹424.47 crore and consolidated net profit was ₹48.60 crore. Standalone total income was ₹57.10 crore and standalone net profit was ₹14.88 crore.
Key highlights
Consolidated
Including its subsidiaries
- Total income: ₹424.47 crore, up 11.9% QoQ from ₹379.23 crore
- Net profit and EPS: ₹48.60 crore, up 37.2% QoQ; basic EPS ₹2.59 against ₹2.01
- Exceptional items: (₹1.15 crore) in the quarter, as printed in brackets
Standalone
The company on its own, without its subsidiaries
- Total income: ₹57.10 crore, up 20.1% QoQ from ₹47.55 crore
- Net profit and EPS: ₹14.88 crore, up 55.5% QoQ; basic EPS ₹0.79 against ₹0.54
- Other income: ₹10.58 crore, 18.5% of total income
Summary
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 424.47 | 21.66 | n/a | 379.23 | +11.9% | |
| Revenue from operations | 417.07 | 18.15 | n/a | 374.28 | +11.4% |
| Other income | 7.40 | 3.51 | +110.9% | 4.95 | +49.5% |
| 48.60 | 4.22 | n/a | 35.41 | +37.2% | |
| Finance costs | 7.23 | 0.21 | n/a | 7.57 | -4.5% |
| Depreciation | 14.69 | 1.03 | n/a | 7.51 | +95.6% |
| Tax expense | 18.02 | 0.00 | n/a | 11.06 | +62.9% |
| Net profit margin | 11.45% | 19.51% | -8.06 pp | 9.34% | +2.11 pp |
| Tax as share of profit before tax | 25.6% | 0.0% | +25.56 pp | 22.5% | +3.09 pp |
| EPS, basic (₹) | 2.59 | 0.57 | +354.4% | 2.01 | +28.9% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Consolidated net profit rose 37.2% quarter on quarter to ₹48.60 crore, faster than total income, which rose 11.9% to ₹424.47 crore. Profit before tax was ₹70.50 crore and tax expense was ₹18.02 crore. After tax, the statement shows the company's share of the loss of associates of ₹3.88 crore, and the profit for the period is stated after that share at ₹48.60 crore.
Other income was ₹7.40 crore, made up of rental income of ₹2.68 crore and other income of ₹4.72 crore. In the June quarter it was ₹4.95 crore, from rental income of ₹2.64 crore and other income of ₹2.31 crore.
The auditors did not review the interim financial results of 20 subsidiaries, which other auditors reviewed and whose reports were furnished to the auditors. The auditors' report on the consolidated results says it is not modified in respect of this matter. The company says it acquired a 100% stake in Bromford Precision Solutions Limited, United Kingdom, through Sigma Advanced Systems UK Limited, and consolidates its financial statements from the date of acquisition of control.
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 57.10 | 21.90 | +160.7% | 47.55 | +20.1% | |
| Revenue from operations | 46.52 | 18.15 | +156.3% | 41.33 | +12.6% |
| Other income | 10.58 | 3.76 | +181.7% | 6.22 | +70.1% |
| 14.88 | 3.56 | +317.5% | 9.57 | +55.5% | |
| Finance costs | 2.71 | 0.21 | n/a | 2.28 | +18.9% |
| Depreciation | 1.24 | 1.03 | +19.9% | 1.05 | +18.1% |
| Tax expense | 4.35 | 0.00 | n/a | 3.15 | +38.1% |
| Net profit margin | 26.06% | 16.27% | +9.79 pp | 20.13% | +5.93 pp |
| Tax as share of profit before tax | 22.6% | 0.0% | +22.62 pp | 24.8% | -2.14 pp |
| EPS, basic (₹) | 0.79 | 0.48 | +64.6% | 0.54 | +46.3% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Standalone total income rose 20.1% quarter on quarter to ₹57.10 crore, and net profit rose 55.5% to ₹14.88 crore, faster than total income. Other income was ₹10.58 crore, 18.5% of total income, against ₹6.22 crore in the June quarter.
During the quarter the company raised about ₹460 crore by allotting 1,32,56,470 equity shares of ₹10 each on a preferential basis. It also allotted 4,32,777 equity shares for consideration other than cash for acquiring a 25% stake in AS Strategic Private Limited.
Inference
The board approved raising funds of up to ₹3,000 crore in one or more tranches through equity shares and/or other eligible securities, subject to requisite approvals including shareholder approval through a postal ballot, and approved a notice of postal ballot.
At the same meeting the board approved the appointment of Galla Jayadev and Urkavalan Jeya Santhi as additional independent directors, designated Raju Somashekar Baggavalli as Chairman, and approved the change in designation of Kartheek Raju Chintalapati to Whole-Time Director and Vice Chairman. Sunil Kumar Kalidindi's designation changed from Whole-Time Director to Managing Director. Suryanarayana Raju Nandyala, Leona Ambuja and Uma Garimella resigned from the board.
The filing does not say what the consolidated exceptional items relate to, or how the proposed ₹3,000 crore fund-raise would be used.
Filed with BSE on . Reference: Original filing (PDF)
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