Financial Results (Q1 FY2027 ended 30 June 2026)
- Consolidated Operational Revenue: ₹374 crore, representing 16% quarter-on-quarter growth
- Consolidated Operational EBITDA: ₹61 crore, representing 11% quarter-on-quarter growth
- Profit After Tax (from continuing operations): ₹38 crore
Management Commentary
Sunil Kalidindi, Chief Executive Officer, stated: "Our first quarter results reflect the continued strength of Sigma Advanced Systems' execution across our aerospace and defense segments, both India and overseas. The acquisitions of Bromford Precision Solutions and AS Strategic mark important steps in our expansion strategy, adding new capabilities and scale to the business. Our strong orderbook and pipeline are expected to sustain this growth momentum, as we continue scaling our presence in the global aerospace and defence supply chain."
Recent Business Developments
Contract Wins & Order Book
- Rolls-Royce Long-Term Agreement: Signed key LTA valued at approximately GBP 300 million (approximately ₹3,800 crore)
- USD 104.9 Million Export Order: Secured on July 27, 2026, valued at approximately ₹1,013 crore for manufacture and supply of 155mm base bleed artillery shells. Execution timeframe: 6 to 12 months
- M107 Shells Order: Execution commenced with first consignment completed. Order value: approximately ₹208 crore. Deliveries to continue over next two quarters
- Nasmyth Pipeline: Multiple active bids across aerospace and defence sectors with contract durations up to 10 years with existing and potential new customers
Acquisitions & Strategic Expansion
- Bromford Precision Solutions Acquisition: Completed on July 14, 2026, acquiring 100% equity share capital of UK-based specialist manufacturer of high-precision, complex aeroengine rings and engine structures
- AS Strategic Acquisition: Completed strategic acquisition providing deep access to global OEMs through strategic partnerships, including joint ventures with multiple European defense majors
Operational Updates
- Sri City Facility: Commissioned and on track for full-scale production in third quarter, supporting longer-term margin expansion and growth
- UK Facilities Investments: Made targeted investments into Capex and working capital requirements for UK facilities, expected to unlock further efficiencies in medium-term
- Boeing Innovation Award: Nasmyth recognized with Innovation Award at 2026 Global Boeing Supplier Summit in Seattle for R&D efforts
Company Description
Sigma Advanced Systems Limited is a leading Indian aerospace and defence precision engineering company with growing international footprint. The company designs, develops, and manufactures mission-critical systems across aerospace, avionics, naval systems, radars, and communication systems. Through UK subsidiaries Nasmyth and Bromford, Sigma has established strong presence in global aerospace supply chain.