Sigma Advanced Systems Limited reported consolidated operational revenue of ₹417.07 crore for Q2 FY27, ended September 30, 2026, representing an 11.43% increase over ₹374.27 crore in Q1 FY27. Consolidated operational EBITDA rose 35.06% sequentially to ₹82.28 crore, with a margin of 19.73%. Profit after tax increased 37.24% to ₹48.60 crore from ₹35.41 crore in the preceding quarter.
For H1 FY27, the company recorded consolidated operational revenue of ₹791.34 crore, operational EBITDA of ₹143.20 crore and PAT of ₹84.01 crore. The company noted that the first-half performance is not directly comparable with H1 FY26, given the significant expansion in its operations and changes in business composition during FY26.
A key development during the quarter was the completion of Sigma’s acquisition of 100% of UK-based Bromford Precision Solutions Limited for an enterprise value of approximately GBP 11.89 million, equivalent to around ₹153 crore. Based in Leicester, Bromford specialises in high-precision, complex aero-engine rings and engine structures. Following the acquisition, Bromford secured a further long-term agreement with Rolls-Royce valued at nearly GBP 125 million (approximately ₹1,600 crore). Together with the GBP 300 million agreement signed in April 2026, Sigma’s two long-term Rolls-Royce agreements total approximately GBP 425 million, or ₹5,400 crore.
The company’s Sri City manufacturing facility has commenced operations following the transfer of work from its UK operations. It has produced and delivered its first batch of aerospace components to Nasmyth’s UK customers. Nasmyth also received the Innovation Award at the 2026 Global Boeing Supplier Summit in Seattle for its research and development work.
Since July 2026, Sigma has secured new orders and long-term agreements aggregating approximately ₹3,915 crore across its aerospace and defence businesses. These include export orders from North American and NATO customers for 155 mm artillery ammunition components and base bleed units, along with orders worth approximately ₹155 crore for the Indrajaal Ranger anti-drone patrol vehicle from the Government of India.
Sigma also signed an exclusive memorandum of understanding with Munitions India Limited for the integration, indigenous manufacturing and supply of 155 mm artillery course correction fuses. In August 2026, it completed a preferential allotment of ₹460 crore at ₹347 per share, with participation from mutual funds and other investors.
Commenting on the performance, Sunil Kalidindi, CEO and Executive Director, said the Bromford acquisition, the additional Rolls-Royce agreement and the commencement of operations at Sri City marked important milestones. He added that strong order wins and healthy margins position the company to pursue further growth in the second half of FY27.
Sigma Advanced Systems Limited is an Indian aerospace and defence precision engineering company listed on the BSE and NSE. It designs, develops and manufactures mission-critical systems across aerospace, avionics, naval systems, radars, communication systems and ammunition. Through its UK subsidiaries, Nasmyth and Bromford, the company serves global aerospace original equipment manufacturers with specialised precision engineering solutions.
