Sigma Advanced Systems posts Rs 417 crore Q2 revenue, profit up 37.24%

what happened

According to Moody's, Sigma Advanced Systems generated Rs 417.07 crore in consolidated operating revenue in the second quarter of FY27, up 11.43% from the previous quarter. The company credits acquisitions, aerospace and defence contracts and a larger manufacturing footprint for the increase. Profit after tax rose 37.24% to Rs 48.60 crore from Rs 35.41 crore in the first quarter, while operating EBITDA reached Rs 82.28 crore.

The EBITDA margin came in at 19.73% and the gross margin at 66.32%. For the first half of FY27, revenue totaled Rs 791.34 crore, operating EBITDA Rs 143.20 crore and profit after tax Rs 84.01 crore. The company warned that these half-year figures cannot be compared directly with last year, because its business mix changed and operations grew substantially during FY26.

During the quarter, Sigma completed the purchase of all shares in Bromford Precision Solutions, a UK maker of high-precision aero-engine rings based in Leicester. The enterprise value was about GBP 11.89 million, or roughly Rs 153 crore. Bromford then won a long-term Rolls-Royce agreement worth nearly GBP 125 million, following a GBP 300 million deal signed in April 2026. Since July, Sigma has secured new orders and long-term agreements worth about Rs 3,915 crore, including a USD 104.9 million export contract for 155 mm shell bodies.

Sigma also said its Sri City plant has started production, completed a preferential share issue of Rs 460 crore at Rs 347 per share in August, and signed an exclusive memorandum with Munitions India Limited on 14 October.

why it matters

For investors, the key point is growth in the aerospace and defence units, backed by long-term contracts that give visibility on revenue in the second half of FY27. The report suggests that the acquisitions and recent orders are already showing up in the numbers, not just in management plans.

market impact

Sigma Advanced Systems shares: strong results and defence orders support interest in the stock

• ▲Sigma Advanced Systems shares pressure up — strong quarterly profit and new defence orders

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