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2026-07-14 12:48:40 pm | Source: Accord Fintech
Sigma Advanced Systems moves up on acquiring 100% stake in Bromford
Sigma Advanced Systems moves up on acquiring 100% stake in Bromford

Sigma Advanced Systems is currently trading at Rs. 584.10, up by 0.95 points or 0.16% from its previous closing of Rs. 583.15 on the BSE.

The scrip opened at Rs. 601.05 and has touched a high and low of Rs. 605.30 and Rs. 581.35 respectively. So far 24224 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 638.30 on 25-Jun-2026 and a 52 week low of Rs. 96.10 on 14-Jul-2025.

Last one week high and low of the scrip stood at Rs. 610.00 and Rs. 515.05 respectively. The current market cap of the company is Rs. 10,294.16 crore.

The promoters holding in the company stood at 71.22%, while Institutions and Non-Institutions held 0.07% and 28.71% respectively.

Sigma Advanced Systems (Sigma) has acquired 100% of the equity share capital of Bromford Precision Solutions (Bromford), a leading UK-based specialist manufacturer of high-precision, complex aeroengine rings and other engine structures. The transaction, valued at around 11.89 million pound sterling (GBP) (around Rs 153 crore), is expected to close by end July 2026, subject to customary closing conditions. The transaction represents an enterprise value to adjusted EBITDA (CY2026 estimate) multiple of approximately 4.6x, reflecting Sigma’s disciplined approach towards value-accretive strategic acquisitions.

The acquisition marks a significant step in Sigma's international growth strategy, strengthening its position within the Rolls-Royce supply chain while complimenting its UK division, Nasmyth Group. Bromford's capabilities directly complement Sigma’s expertise in manufacturing larger components for the same OEM customers, giving the combined platform a deeper full-range product offering for global aerospace and power generation customers. In addition, Bromford brings new product offerings through long term contracts to manufacture components such as engine lock plates which compliment the larger structural components manufactured by Sigma.

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