Small cap₹454 cr₹0.5 cr traded a dayThin: a ₹2 lakh order is 3.9% of a normal day
Close on 11 September 2026
44.19
−1.73%
52-week range29% of the way up
36.3363.62
Market cap
454 cr
P/E (TTM)
15.5×
EPS (TTM)
2.85
Revenue YoY
+43.9%
Q1 FY27
Profit YoY
+220.3%
Net margin
54.6%
+30.1pt vs a year ago
Growth trend
-8.0pt
vs last quarter’s YoY
1 month
-3.3%
Below 52w high
30.5%
RSI (14)
27
oversold
Daily swing
4.6%
average true range
Volume
0.4×
vs 20-day average
Traded
₹1 cr
median day
Close200-day averageMaterial filing
241 sessions · hover for the filing behind a move
Key metrics
each ranked against every stock scanned tonight
Above the 200-day average
Below the median
-1.9%
One-year return
n/a
Return on capital employed
Top of the universe
48.4%
Debt to equity
Above the median
0.03×
Profitable quarters, last four
of the last four reported
4 of 4
Cash conversion
cash from operations against reported profit
104%
Revenue growth, year on year
latest reported quarter
+43.9%
Below the 52-week high
distance from the highest close of the year
30.5%
How it has performed
price return over each window, beside the median NSE stock over the same days
The read
written from the numbers on this page
More of the measured facts point up than down5 supporting, 2 against, 2 worth knowing
Supporting
matches profit that turns into cash, which has beaten the market by +2.73 points over 20 sessions across 9,184 past signals
7 of the scans it matches have a positive measured record
3 independent kinds of evidence agree today, which is uncommon
revenue grew 44% year on year in the quarter ending 30 June 2026
net margin has widened from 24.0% to 54.6% across four quarters
Against
trading 2% below its 200-day average
1 of the scans it matches has historically underperformed the market
Worth knowing
the 50-day and 200-day averages disagree, which usually means a turn in progress rather than a trend to lean on
RSI at 27 is washed out — historically the better half of this site's measured edge comes from exactly this condition
The market itself is rangebound tonight. Each scan's record is measured separately for this regime; the figure beside each chip above is the one that applies, not the all-weather number.
What would change these counts: the close crossing its 200-day average, which is 45 tonight and moves every session.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.
What is working, what is not
from the filings and from the price, with the figure behind every line
Working3
Net profit +206.1% year on year, Rs 4 cr to Rs 13 cr.
+206.1%Rs 4 crRs 13 cr
Profit grew faster than revenue, +206.1% against +35.1%.
+206.1%+35.1%
Net margin moved from 24.1% to 54.6%.
24.1%54.6%
Needs watching4
Trading 1.9% below its 200-day simple average.
-1.9%
31% below its 52-week high.
-31%
A warning rule fires on it tonight: lost the 200-day line.
Lost the 200-day line
Only ₹0.5 crore changes hands on a median day. A large order moves this price by itself.
₹0.5 cr
Every figure here is computed — from the company’s own filings, or from its own closing prices. The wording is generated directly from the figures.
What the scans say today
10 of 57 matched on 11 Sep
SIGMA matches 10 of the 57 scans today, across 3 different kinds of evidence (not counting 1 that match most of the market tonight). Three or more independent families agreeing is uncommon — it is the same test the shortlist on every page uses. It is in the published portfolio of 2 of the 19 methods on the arena tonight.
Tonight SIGMA is in the published portfolio of 2 of the 19 methods the arena runs. Each is a rule set from a named book or paper, applied mechanically to every company we scan and published before the outcome is known. The record beside each is what that method’s earlier positions did against the market while held — the method’s history, not a forecast for this name.
Piotroski (2000), Value Investing: The Use of Historical Financial Statement Information
value
9 of 12
60 sessions
10 Sep
1 session, -1.55% vs market so far
-2.85%
vs market per position, 50% ahead, 2 closed
“Holds for” is the method’s stated window in sessions; a name leaves its book when the rules drop it or the window runs out. Every method, its rules and its full ledger are on the arena.
The business
from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.
Going for it
revenue grew 44% against the same quarter a year earlier
profit rose 220% year on year
net margin widened from 21.8% to 54.6%
Going against it
nothing clear in the filed numbers
Quarter-by-quarter numbers, as filed
Quarter
Revenue
Profit before tax
Net profit
EPS
Net margin
Q1 FY27
30 Jun · consolidated
23
16
13
1.22
54.6%
Q4 FY26
31 Mar · consolidated
25
7
5
0.52
21.8%
Q3 FY26
31 Dec · consolidated
25
9
7
0.65
27.1%
Q3 FY25
31 Dec · consolidated
20
6
5
8.22
24.0%
Q2 FY25
30 Sep · consolidated
17
5
4
8.00
24.1%
Q1 FY25
30 Jun · consolidated
16
5
4
7.64
24.5%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.
Quality of the business
balance sheet as at 31 March 2026
Return on equity
38.1%
trailing profit over shareholders’ funds
Return on capital
48.4%
pre-tax profit over equity plus borrowings
Debt to equity
0.03×
2 cr borrowed against 77 cr of equity
Net debt
7 cr
cash exceeds borrowings
Cash conversion
104%
operating cash flow as a share of profit
Receivable days
73
how long customers take to pay
Return on capital uses profit before tax over equity plus borrowings. The textbook version adds finance costs back; those are not tagged reliably in quarterly filings, so this understates the ratio for a heavily borrowed company rather than flattering it. Balance sheets are filed half-yearly, so these can be up to six months behind the profit figures above.
Valuation against its own history
241 sessions since 7 October 2025
16×
median 22×
33×
now 15×
SIGMA trades at 15× trailing earnings, below its median of 22× over this window — 30% less expensive than usual. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.
How it is priced against the universe
tonight’s multiples, ranked against every company we scan
Measure
Tonight
Where it ranks
Price to earnings
trailing four quarters of profit
15.5×
cheaper than 75% of scanned companies
Price to sales
trailing four quarters of revenue
4.94×
cheaper than 26% of scanned companies
Price to book
against shareholders’ funds at the last balance sheet
5.89×
cheaper than 29% of scanned companies
Earnings yield
6.5%
profit as a share of the market value — the P/E upside down
P/E to growth
0.07
the multiple divided by the year-on-year profit growth rate
Value composite
57
average percentile across the three multiples; 0 is the cheapest company scanned, 100 the dearest
Quality checklist
five of Piotroski’s nine tests, the ones Indian filings support
5 of 5
✓ profitable over four quarters✓ cash conversion above 100%✓ borrowings under half of equity✓ margin up on a year ago✓ revenue up on a year ago
A low multiple is a statement about expectations, not about quality: the market usually expects less from a cheap company, and is often right. These are rankings, not fair values.
AGM / EGM filings were typically +0.17pt vs the market over the next 5 sessions (n=8,423) · Dividend filings were typically +0.16pt vs the market over the next 5 sessions (n=940) · Other filing filings were typically +0.01pt vs the market over the next 5 sessions (n=17,202)
Where the price stands
the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average+0.2%
Versus 200-day average-1.9%
Below 52-week high30.5%
Above 52-week low+21.6%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)27.5
Higher closes in last 51 of 5
Six-month return+7.21%
Risk and liquidity
What a position costs to hold and to exit. Delivery is the share of the day’s volume taken into demat rather than squared off; trade size says whether the day’s tickets were large or small.
Typical daily swing (ATR)4.61%
What ₹1 lakh here moves on a normal dayabout ₹4,605
Volume versus 20-day0.4x
Median daily turnover₹0.5 cr
Recent sessions
what this stock has matched since the engine went live
This is the live record, not the backtest — the scans this stock actually appeared in on each stored session. A name that keeps reappearing is in a persistent condition; a one-day appearance usually is not.