NSEPress Release3d ago · 6 Nov 2026, 05:05 pm
Press Release
SIGMA ADVANCED SYSTEMS LIMITED · SIGMAADV
✦ AI Summary▲ PositiveResults
Sigma Advanced Systems Limited has announced its consolidated results for the second quarter of FY 2026-27, ended September 30, 2026, reflecting continued growth across its aerospace and defence businesses, supported by strategic acquisitions, new order wins and expansion of manufacturing operations.
Analysis Scores
Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk5/10
Liquidity Impact9/10
Market Sentiment8/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
SIGMA ADVANCED SYSTEMS LIMITED has informed the Exchange regarding a press release dated November 06, 2026, titled "Press Release on the Financial Results for the Quarter and Half Yearly ended September 30, 2026".
Attachments (1)
📄pdf
Download →
MEGASOFT_06112026170513_Press_release_intimation_06112026_Signed.pdf
View document text
To, Date: November 06, 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza,
Dalal Street, Fort, Bandra- Kurla Complex,
Mumbai-400001 Mumbai 400051
Scrip Code: 532408 Symbol: SIGMAADV
Sub.: Press Release on the Financial Results for the Quarter and Half Yearly ended September
30, 2026
Dear Sir/Madam,
With reference to above cited subject, pursuant to Regulation 30 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, please find enclosed the Press Release on the Financial
Results for the Quarter and Half Yearly ended September 30, 2026.
You are requested to kindly take the above information on record.
The above information will also be available on the website of the Company at
https://sigmaadvsys.com/investors-services/announcements/, in compliance with applicable law.
Thanking you,
For Sigma Advanced Systems Limited
(Formerly Megasoft Limited)
Krishna Chaitanya Sadhu
Company Secretary & Compliance Officer
Sigma Advanced Systems Delivers Rs. 417 Crore Q2 Revenue
and Rs. 48.60 Crore PAT, Adds Bromford Precision and Wins
About Rs. 3,915 Crore of New Orders Since July
Gross margin of 66.32% and EBITDA of Rs. 82.28 crore for Q2 FY27, with a second Rolls-Royce
agreement and the Sri City plant now operational
Hyderabad, 6 November 2026: Sigma Advanced Systems Limited today announced its consolidated
results for the second quarter of FY 2026-27, ended September 30, 2026, reflecting continued growth
across its aerospace and defence businesses, supported by strategic acquisitions, new order wins and
expansion of manufacturing operations.
Quarterly Financial Highlights- Q2 FY27
• Consolidated Operational Revenue: Rs. 417.07 Cr, up approximately 11.43% quarter-on-quarter
from Rs. 374.27 Cr in Q1 FY27
• Consolidated Operational EBITDA: Rs. 82.28 Cr, representing a margin of 19.73%, up 35.06%
quarter-on-quarter from Rs. 61 Cr in Q1 FY27.
• Profit After Tax: Rs. 48.60 crore, up approximately 37.24% quarter-on-quarter from Rs. 35.41 Cr in
Q1 FY27
Half-Yearly Financial Highlights
For the first half of FY27, Sigma reported consolidated operational revenue of Rs. 791.34 Cr,
consolidated operational EBITDA of Rs. 143.20 Cr, and profit after tax of Rs. 84.01 Cr.
Given the significant expansion in the Company's scale of operations and changes in its business
composition throughout FY26, the financial performance for H1 FY27 is not directly comparable with
the corresponding period of the previous financial year H1 FY26.
Business Highlights
● Bromford Precision Acquisition and Rolls-Royce Agreements: Sigma completed the acquisition of
100% of Bromford Precision Solutions Limited, announced on July 14, 2026, for an Enterprise Value
of about GBP 11.89 million (approximately Rs. 153 Cr). Bromford, based in Leicester in the UK, is a
specialist manufacturer of high-precision, complex aero-engine rings and other engine structures.
The acquisition strengthens Sigma’s position in the Rolls-Royce supply chain, and within weeks
Bromford secured a further long-term agreement with Rolls-Royce valued at nearly GBP 125 million
(approximately Rs. 1,600 Cr). Together with the GBP 300 million (approximately Rs. 3800 Cr)
agreement signed in April 2026, Sigma’s two Rolls-Royce long-term agreements now total nearly
GBP 425 million (approximately Rs. 5400 Cr).
● Sri City Facility Commences Operations: The Sri City Facility has commenced operations following
the successful transfer of work from its UK operations. The facility has produced and delivered its
first batch of aerospace components to Nasmyth’s UK customers, marking a significant milestone in
the Company's India-UK manufacturing integration strategy.
● Boeing Innovation Award: Nasmyth, Sigma’s UK subsidiary, received the Innovation Award at the
2026 Global Boeing Supplier Summit in Seattle for its R&D work.
● Major Aerospace and Defence Order Wins: Sigma has secured new orders and long-term
agreements aggregating approximately Rs. 3,915 Cr since July 2026, across its aerospace and
defence businesses, further strengthening its international order book and revenue visibility. Key
orders include:
(i) Ammunition Export Order (July 27, 2026): USD 104.9 million (approximately Rs. 1,013 Cr)
export order from a North American customer for the manufacture and supply of 155 mm
base bleed artillery shell bodies, to be executed over 6 to 12 months.
(ii) Artillery Ammunition Subsystems (October 21, 2026): USD 19.7 million (approximately Rs.
174 Cr) export order from a North American NATO customer for 155 mm artillery ammunition
subsystems, scheduled for execution by Q2 2027.
(iii) Base Bleed Units (October 26, 2026): USD 102.23 million (approximately Rs. 973.64 Cr) export
order from a NATO customer for Base Bleed Units, to be executed over 12 months.
(iv) Indrajaal Ranger Orders (August 17, 2026): Orders aggregating approximately Rs. 155 Cr
secured by Sigma and Indrajaal Autonomous Defense Systems from the Government of India
for the Indrajaal Ranger anti-drone patrol vehicle.
● Strategic Collaboration with Munitions India Limited: On October 14, Sigma also signed an
exclusive MoU with Munitions India Limited for the integration, indigenous manufacturing and
supply of its 155 mm artillery course correction fuses
● Successful Fundraising to Support Growth Plans: In August 2026, Sigma completed a preferential
allotment of Rs. 460 Cr at Rs. 347 per share, with participation from mutual funds and other
investors. The proceeds support the company’s growth initiatives, including strategic acquisitions.
Management Commentary
Sunil Kalidindi, CEO and Executive Director, Sigma Advanced Systems Limited, said: “This has been a
productive quarter for Sigma. The Bromford Precision acquisition gives us a stronger footing with global
aerospace OEMs, and the second Rolls-Royce agreement came within weeks of it closing. Our Sri City
facility is running and has already turned out its first batch of components and supplied to its aerospace
customers. Orders from our NATO customer adds to a growing ammunition business, and it shows that
customers come back to us because we deliver on what we commit to. Margins were healthy through
August and September, and we go into the second half with a strong order book and the capacity to
keep growing.”
About Sigma Advanced Systems Limited
Sigma Advanced Systems Limited (listed on the BSE and NSE) is an Indian aerospace and defence
precision engineering company with a growing international footprint. The company designs, develops
and manufactures mission-critical systems across aerospace, avionics, naval systems, radars,
communication systems and ammunition, built on its in-house Build-to-Spec engineering capability.
Through its UK subsidiaries, Nasmyth and Bromford, Sigma has established a strong presence in the
global aerospace supply chain, producing complex precision solutions for some of the most demanding
manufacturing programmes of its global OEM customers.
Media contact
Nirav Upadhyay | +91 99206 25163 | Nirav@jefferiesandbain.com