Sigma Solve (NSE:SIGMA) Interest Coverage: 165.82 (As of Mar. 2026) — 123% Above Median


NSE:SIGMA Sigma Solve Ltd NSE:SIGMA
91 GF Score
Price ₹38.31
GF Value ₹58.59
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Sigma Solve Interest Coverage?

Sigma Solve NSE:SIGMA -0.23% 91 Interest Coverage is 165.82 as of Mar. 2026, which is 123% above its 10-year median of 74.38. GuruFocus rates NSE:SIGMA with a GF Score™ of 91/100 and a GF Value™ of ₹58.59 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,703 Software companies, Sigma Solve ranks better than 64.36% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Sigma Solve's Operating Income for the three months ended in Mar. 2026 was ₹75.9 Mil. Sigma Solve's Interest Expense for the three months ended in Mar. 2026 was ₹-0.5 Mil. Sigma Solve's interest coverage for the quarter that ended in Mar. 2026 was 165.82. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Sigma Solve Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Sigma Solve's Interest Coverage or its related term are showing as below:

NSE:SIGMA' s Interest Coverage Range Over the Past 10 Years
Min: 21.64   Med: 74.38   Max: 4347.32
Current: 75.96


NSE:SIGMA's Interest Coverage is ranked better than
64.36% of 1703 companies
in the Software industry
Industry Median: 24.78 vs NSE:SIGMA: 75.96

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Sigma Solve  (NSE:SIGMA) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Sigma Solve Interest Coverage Related Terms


Sigma Solve Interest Coverage Historical Data

* Premium members only.

The historical data trend for Sigma Solve's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Sigma Solve Interest Coverage Chart

Sigma Solve Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 4,347.32 1,837.79 69.65 60.61 75.96

Sigma Solve Quarterly Data
Mar20 Mar21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 123.63 67.23 40.69 123.63 165.82

NSE:SIGMA vs IBM, ACN, FISV: Interest Coverage Comparison

For the Information Technology Services subindustry, Sigma Solve's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sigma Solve Interest Coverage vs Software Industry

For the Software industry and Technology sector, Sigma Solve's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Sigma Solve's Interest Coverage falls into.


NSE:SIGMA
91GF Score
Sigma Solve Ltd NSE:SIGMA
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sigma Solve Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Sigma Solve's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, Sigma Solve's Interest Expense was ₹-3.6 Mil. Its Operating Income was ₹273.7 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹8.9 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*273.697/-3.603
=75.96

Sigma Solve's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Sigma Solve's Interest Expense was ₹-0.5 Mil. Its Operating Income was ₹75.9 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹8.9 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*75.944/-0.458
=165.82

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 165.82 mean?
Sigma Solve (NSE:SIGMA) has a Interest Coverage of 165.82 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Sigma Solve and its competitors. This is 123% above median its historical median of 74.38. Over the past decade, Sigma Solve's Interest Coverage has ranged from 21.64 to 4,347.32. According to the industry distribution chart, Sigma Solve ranks #607 out of 1703 companies in the Software industry, placing it in the top 35.6%.
Is Sigma Solve's Interest Coverage too high?
Sigma Solve's current Interest Coverage of 165.82 is 123% above median its 10-year median of 74.38. Over the past 10 years, this metric has ranged from a low of 21.64 to a high of 4,347.32. The Software industry median Interest Coverage is 24.78. Sigma Solve's value of 165.82 is 569.2% above this industry median. Based on the distribution chart, Sigma Solve ranks #607 out of 1703 companies in the Software industry, which is above the industry midpoint. Overall, Sigma Solve has a GF Score™ of 91/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sigma Solve's Interest Coverage compare to IBM and ACN?
According to the Software industry distribution chart, Sigma Solve ranks #607 out of 1703 companies for Interest Coverage. This puts Sigma Solve in the upper half of its industry. The industry median Interest Coverage is 24.78. Sigma Solve's value of 165.82 is 569.2% above this benchmark. Historically, Sigma Solve's own Interest Coverage has ranged from 21.64 to 4,347.32 over the past decade. While the company's 10-year median is 74.38 vs. the industry median of 24.78, Sigma Solve has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Software company?
The median Interest Coverage among Software companies is 24.78, based on 1,703 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sigma Solve's current Interest Coverage of 165.82 is 569.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Sigma Solve and its competitors. For the Software industry, the median Interest Coverage is 24.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sigma Solve's current Interest Coverage is 165.82, which is 123% above median its own 10-year median of 74.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sigma Solve stock overvalued right now?
Based on GuruFocus' analysis, Sigma Solve (NSE:SIGMA) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹58.59, compared to a current price of ₹38.31 — trading 34.6% below its estimated fair value. The current Interest Coverage is 165.82, which is 123% above median its 10-year median of 74.38 and 569.2% above the Software industry median of 24.78. Sigma Solve's overall GF Score™ is 91/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Sigma Solve (NSE:SIGMA), the current Interest Coverage is 165.82 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sigma Solve (NSE:SIGMA) Overvalued in 2026?

Based on GuruFocus' analysis, Sigma Solve stock appears to be undervalued. The current stock price of ₹38.31 is trading 34.6% below its estimated GF Value™ of ₹58.59. GuruFocus considers Sigma Solve to be Significantly Undervalued.

Key valuation signals for NSE:SIGMA:

  • Interest Coverage: 165.82 (123% above median its 10-year median of 74.38)
  • GF Value™: ₹58.59 vs. price of ₹38.31 (34.6% below fair value)
  • GF Score™: 91/100 with 3 warning signs
  • Industry Position: 569.2% above the Software median (#607 of 1703)

No single metric tells the full story. See the NSE:SIGMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sigma Solve Business Description

Other Exchanges 543917:India
Address Sindhu Bhavan Road, S G Highway, 801-803, PV Enclave, ICICI Bank Lane Road, Bodakdev, Ahmedabad, GJ, IND, 380054
Sigma Solve Ltd is involved in providing enterprise software solutions. The company provides services related to Web and E-commerce development, Real-time application development, Business Intelligence Analytics, CRM development, Digital marketing, UI and UX design, Automation testing, and Quality assurance. The firm generates revenue from the export of services.
91GF Score

Get the complete analysis for NSE:SIGMA

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹38.31
Price
₹58.59
GF Value