Sigma Advanced Systems Limited (ticker: SIGMAADV) has disclosed the following key orders recently:

1. ~₹100 crore defence orders from Ministry of Defence (MoD) & defence PSUs

- Fresh orders of about ₹100 crore from the MoD and associated defence PSUs. (investmentguruindia.com)

- Scope: built‑to‑spec systems, control electronics and actuation solutions for:

- Surface‑to‑Air Missile (SAM) programmes (next‑gen air‑defence platforms)

- Anti‑tank missile programmes (critical electronics and flight‑control systems)

- New‑generation anti‑radiation missile programmes (precision guidance systems)

- Under‑water naval weapon platforms (actuation solutions)

- Rotary‑wing avionics (on‑board flight‑data acquisition for helicopters) (business-standard.com)

2. ~£300 million (~₹3,800 crore) long‑term aerospace deal with Rolls‑Royce

- A seven‑year long‑term agreement with Rolls‑Royce, worth nearly £300 million (≈₹3,800 crore). (indiastrategic.in)

- Sigma will supply a broad range of high‑precision, safety‑critical components and assemblies for Rolls‑Royce aerospace programmes. (indiastrategic.in)

3. Order‑book visibility via European defence programmes

- Through its acquired platform (AS Strategic), Sigma has indicated an order book of over ₹315 crore for 2026, largely tied to ongoing European defence programmes. (timesofindia.indiatimes.com)

How long these orders will take to execute

1. ₹100 crore MoD / defence PSU orders

- Neither the MoD press coverage nor Sigma’s own press note specifies an exact execution period (e.g., “X years” or a fixed end‑date). (business-standard.com)

- In practice, such strategic defence‑electronics contracts are usually executed over multiple years, aligned with:

- missile and platform development/production phases,

- qualification and testing cycles, and

- delivery schedules of BDL, HAL and DRDO programmes.

- As an investor, you should assume phased execution (and revenue recognition) over several years, not a single quarter, but the exact schedule is not publicly disclosed.

2. Rolls‑Royce aerospace agreement (~₹3,800 crore)

- The Rolls‑Royce contract is explicitly structured as a seven‑year long‑term agreement, so execution and revenue will be spread broadly over FY 2026–2033, depending on Rolls‑Royce’s production schedules. (indiastrategic.in)

3. Overall order book

- The combined Indian defence + European aerospace/defence pipeline (via Nasmyth and AS Strategic) gives Sigma multi‑year revenue visibility, but public documents do not break this down year‑by‑year for each specific order. You will need to track:

- quarterly results presentations, and

- management commentary in earnings calls / investor decks

for any guidance on year‑wise execution of the order book.

Bottom line:

- Public information confirms:

- ~₹100 crore MoD + defence PSU orders in missiles/naval/airborne systems, and

- a seven‑year, ~₹3,800 crore Rolls‑Royce aerospace contract.

- Exact execution timelines for the ₹100 crore MoD orders are not disclosed; they are typically multi‑year and milestone‑linked.

- The Rolls‑Royce contract explicitly runs for seven years, giving a clear execution window, but actual yearly revenue will depend on draw‑down and delivery schedules agreed with the OEM.

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