Is Shigan Quantum Technologies a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Shigan Quantum Technologies Ltd is a average quality company .

Is Shigan Quantum Technologies undervalued or overvalued?

The key valuation ratios of Shigan Quantum Technologies Ltd's currently when compared to its past seem to suggest it is in the Fair zone .

What is Shigan Quantum Technologies share price return in the past 10 years?

Data is not available for this company

Is Shigan Quantum Technologies a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Shigan Quantum Technologies Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

What is the P/E ratio of Shigan Quantum Technologies?

The latest standalone P/E ratio of Shigan Quantum Technologies as of 01-Jan-1970 is 62.16.

What is the P/B ratio of Shigan Quantum Technologies?

The latest standalone P/B ratio of Shigan Quantum Technologies as of 01-Jan-1970 is 3.02.

What is the 52-week high and low of Shigan Quantum Technologies?

The 52-week high of Shigan Quantum Technologies is Rs. 0.00 and the 52-week low is Rs. 0.00.

Shigan Quantum Technologies Ltd - Stock Valuation and Financial Performance

Name: Shigan Quantum Technologies
Brand: Shigan Quantum Technologies

BSE: 0 | NSE: SHIGAN | Auto Ancillary | Small Cap

Place order

BSE Share Price
Not Listed

10 Year X-Ray of Shigan Quantum Tech.:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
ROCE % ⓘ	8%	2.8%	-39.9%	65%	39.4%	29.8%	21.3%	21.9%	24.7%	9.4%	-
Value Creation Index ⓘ	-0.4	-0.8	-3.9	3.6	1.8	1.1	0.5	0.6	0.8	-0.3	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	15	8.3	5.7	38.7	69	69.1	72.8	95.7	242	164	164
Sales YoY Gr.	-	-44.5%	-31.7%	581.3%	78.4%	0%	5.4%	31.4%	153%	-32.4%	-
Adj EPS ⓘ	0.3	-0	-1.2	2.3	2.9	3.2	2.4	3.3	6.1	3.1	1.9
YoY Gr.	-	-111.5%	NA	NA	27.8%	7.1%	-23.2%	34.3%	86.5%	-49.3%	-
BVPS (₹) ⓘ	0	0	0	0	0	0	0	13.5	28.9	31.1	38.9
Adj Net Profit ⓘ	0.3	0	-1.2	2.3	2.9	3.2	3.1	4.1	10.4	5.3	4
Cash Flow from Ops. ⓘ	0	-0.1	0.1	0.8	2.2	1.8	3.5	2.2	-27.4	2.1	-
Debt/CF from Ops. ⓘ	0	-14.8	11.9	4	3.1	4.1	2	4	-0.8	16.9	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	30.4%	18.9%	31%	-32.4%
Adj EPS ⓘ	31.6%	0.9%	8.3%	-49.3%
BVPSⓘ	NA	NA	NA	7.8%
Share Price	-	-	-	49.4%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
Return on Equity % ⓘ	13.6	-1.3	-87.5	128.4	69.4	45.2	28.3	27	31.2	10.2	5.4
Op. Profit Mgn % ⓘ	5	3.7	-14.7	9.3	7.9	9.2	7.9	7.8	7.2	7.5	NAN
Net Profit Mgn % ⓘ	1.7	-0.3	-21.6	5.9	4.3	4.6	4.2	4.3	4.3	3.2	2.4
Debt to Equity ⓘ	0.2	0.8	1.7	1.2	1.2	0.9	0.5	0.5	0.5	0.7	-
Working Cap Days ⓘ	101	192	251	51	69	105	100	107	108	233	0
Cash Conv. Cycle ⓘ	-1,675	82	146	29	37	59	68	40	17	50	0

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 31.03%

Debt to equity has declined versus last 3 years average to 0.65

Return on Equity has declined versus last 3 years average to 5.40%

Net Profit has been subdued in last 3 years 8.25%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Shigan Quantum Technologies Ltd.

	Standalone	Consolidated
TTM EPS (₹)	1.9	1.8
TTM Sales (₹ Cr.)	164	164
BVPS (₹.) ⓘ	38.9	39.1
Reserves (₹ Cr.) ⓘ	59	59
P/BV ⓘ	3.02	3.01
PE ⓘ	62.16	65.43

From the Market
52 Week Low / High (₹)	0.00 / 0.00
All Time Low / High (₹)	- / -
Market Cap (₹ Cr.)	240
Equity (₹ Cr.)	20.4
Face Value (₹)	10
Industry PE ⓘ	47.5

Management X-Ray of Shigan Quantum Tech.:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Shigan Quantum Tech.

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

This is a premium feature, Please click here to check our solutions.

Key Ratios of Shigan Quantum Tech.

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Sales	15	8	6	39	69	69	73	96	242	164
Operating Expenses ⓘ	14	8	7	35	64	63	67	89	225	154
Manufacturing Costs	0	0	1	3	5	10	8	15	29	23
Material Costs	0	5	3	28	53	46	52	64	181	114
Employee Cost	0	2	1	2	3	3	4	3	6	7
Other Costs ⓘ	14	1	1	2	4	5	5	6	10	8
Operating Profit ⓘ	1	0	-1	3	5	6	6	7	17	10
Operating Profit Margin (%)	5.0%	3.7%	-16.5%	8.4%	7.4%	8.3%	7.6%	7.0%	6.9%	6.2%
Other Income ⓘ	0	0	0	0	0	0	0	0	0	0
Interest ⓘ	0	0	0	0	1	1	1	1	2	3
Depreciation ⓘ	0	0	0	0	0	0	1	1	1	2
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	1	0	-1	3	4	4	4	5	13	5
Tax ⓘ	0	0	0	0	1	1	1	1	3	1
Profit After Tax	0	0	-1	2	3	3	3	4	10	4
PAT Margin (%)	1.7%	0.6%	-22.8%	5.4%	4.0%	3.9%	4.0%	3.8%	4.1%	2.4%
Adjusted EPS (₹)	0.3	0.1	-1.3	2.1	2.8	2.7	2.3	2.9	5.7	2.2
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Equity and Liabilities
Shareholders Fund	2	2	1	3	6	8	13	17	50	54
Share Capital ⓘ	2	2	2	2	2	2	3	3	17	17
Reserves ⓘ	0	0	-1	1	4	6	11	15	32	36
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	0	2	1	3	6	7	7	9	18	34
Long Term Debt	0	0	0	0	0	0	0	1	1	0
Short Term Debt	0	1	1	3	6	7	7	8	17	34
Trade Payables	1	1	1	2	5	5	3	15	43	28
Others Liabilities ⓘ	3	2	2	1	3	3	2	5	28	10
Total Liabilities ⓘ	7	6	5	9	20	23	24	45	138	126
Fixed Assets
Gross Block	2	2	2	3	4	4	5	8	13	23
Accumulated Depreciation	1	1	1	2	2	2	3	4	6	8
Net Fixed Assetsⓘ	1	1	1	1	2	2	2	3	7	15
CWIP ⓘ	0	0	0	0	0	0	3	3	0	0
Investmentsⓘ	0	0	0	0	0	0	0	0	0	5
Inventories	1	2	2	5	8	14	13	12	55	56
Trade Receivables	2	2	1	2	8	5	4	11	6	6
Cash Equivalents	0	0	0	0	0	0	0	2	26	3
Others Assetsⓘ	1	1	1	1	3	2	1	14	45	42
Total Assets ⓘ	7	6	5	9	20	23	24	45	138	126

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Cash Flow From Operating Activity ⓘ	0	0	1	2	2	3	2	-27	2
PBT ⓘ	0	-1	3	4	4	4	5	13	5
Adjustment ⓘ	0	0	1	1	2	2	2	4	7
Changes in Working Capital ⓘ	-1	1	-2	-2	-3	-1	-4	-41	-8
Tax Paid ⓘ	0	0	-1	-1	-1	-1	-1	-4	-1
Cash Flow From Investing Activity ⓘ	0	0	0	-1	0	-5	-1	-2	-16
Capex	0	0	0	-1	0	-5	-1	-2	-11
Net Investments	0	0	0	0	0	0	0	0	-5
Others ⓘ	0	0	0	0	0	0	0	0	0
Cash Flow From Financing Activityⓘ	0	0	0	-1	-1	1	1	34	10
Net Proceeds from Shares ⓘ	0	0	0	0	0	2	0	23	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	13	13
Interest Paid ⓘ	0	0	0	-1	-1	-1	-1	-2	-3
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0
Others ⓘ	0	0	0	0	0	0	2	0	0
Net Cash Flow ⓘ	0	0	0	0	0	0	2	4	-4

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Ratios
ROE (%)	13.61	2.6	-92.37	116.05	65.18	38.64	26.95	24.1	29.54	7.48
ROCE (%)	16.17	7.28	-42.48	74.56	51.7	37.45	27.93	27.13	31.78	10.61
Asset Turnover Ratio	2.59	1.42	1.14	6.08	4.76	3.18	3.06	2.74	2.64	1.24
PAT to CFO Conversion(x)	N/A	N/A	N/A	0.5	0.67	0.67	1	0.5	-2.7	0.5
Working Capital Days
Receivable Days	48	82	94	15	27	34	23	30	13	13
Inventory Days	28	61	106	28	32	58	68	48	50	123
Payable Days	0	88	90	17	25	43	28	50	58	114

Shigan Quantum Technologies Ltd Stock News

Shigan Quantum Technologies Ltd FAQs

What is the share price of Shigan Quantum Tech.?

Company share prices are keep on changing according to the market conditions. The closing price of Shigan Quantum Tech. on 01-Jan-1970 05:30 is ₹0.00.

What is the market cap of Shigan Quantum Tech.?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Jan-1970 05:30 the market cap of Shigan Quantum Tech. stood at ₹240.1.

What is the P/E ratio of Shigan Quantum Tech.?

The latest P/E ratio of Shigan Quantum Tech. as of 01-Jan-1970 05:30 is 62.16.

What is the P/B ratio of Shigan Quantum Tech.?

The latest P/B ratio of Shigan Quantum Tech. as of 01-Jan-1970 05:30 is 3.02.

What is the 52-week high and low of Shigan Quantum Tech.?

The 52-week high of Shigan Quantum Tech. is ₹0.00 and the 52-week low is ₹0.00.

What is the TTM revenue of Shigan Quantum Tech.?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Shigan Quantum Tech. is ₹163.7 ( Cr.) .

About Shigan Quantum Technologies Ltd

Shigan Quantum Technologies is engaged in the business of designing, developing and manufacturing of varieties of Alternate Fuel Systems including CNG, LNG and Hydrogen Fuel Kit systems for OEMS and others. It manufactures Alternate Fuel Systems for heavy duty vehicles, light duty vehicles and off- highway applications.The company was incorporated in the year 2008 with an object to manufacture alternate fuel systems in India. Subsequently, it has gained expertise in various products in the alternate fuel systems, especially in CNG and LNG fuel kits within automotive industry through its in-house expertise and technical assistance. Since April 2020, the company has also ventured into manufacturing of Fire Detection & Alarm System and Fire Detection & Suppression System (FDAS &FDSS).

The company source its critical technologies from MNC companies with whom it has long term technology user agreement or manufacturing license. It has entered into technology agreements with companies for developing exclusive products customised to its requirements. It has got exclusive manufacturing rights in India for these products after their development. With change in technologies, it has plan to acquire the Foreign Suppliers’ expertise through Joint Venture or by outright purchase of their technologies and localise production of Gaseous Fuel Injection Technology systems. Such Gaseous Fuel Injection Technology systems will enable the Company to manufacture products that will meet the upcoming Emission norms thereby enhancing the performance of the vehicle. It is engaged in designing, optimizing, manufacturing, assembling, testing and kit integration of alternate fuel systems/kits for heavy/light duty commercial vehicles and buses, power generation equipment and industrial equipment viz. forklifts etc.

The company imports its raw materials from countries like Singapore, USA, Chicago, Mexico, Switzerland, China, Hong Kong, UAE, Italy, France, etc. It also procure its raw materials from domestic suppliers located in Pune, Gurugram, Ghaziabad, Bangalore and other domestic market in India. It export certain components of CNG Fuel Systems to countries like New Jersey, Australia, Italy, Sweden, Canada.

Business area of the company

Shigan Quantum Technologies is engaged in the business of designing, developing, manufacturing, and assembling Alternate Fuel Systems i.e. LNG, CNG, and Hydrogen Fuel Kit Systems. Since April 2020, the business has ventured into Fire Detection & Alarm systems. It manufactures Alternate Fuel Systems for high duty & light-duty vehicles power generation equipment, industrial equipment, and off-highway applications. It exports CNG fuel systems to countries such as New Jersey, Sweden, Canada, Australia, and Italy.

Products:

CNG Filters
Engine Control Unit (ECU)
Fuel Rail
High Pressure Regulator
Injectors
Fire Detection and Suppression System
CNG Tube and Fitting
Filler Valve
FMFD Module

Major events and milestones

2008: The company was Incorporated as ‘Shigan Quantum Technologies Private Limited’.
2019: Awarded Supplier of the year at the Vendor’s meet 2019.
2021: Conversion of the company from Private Limited to Public Limited Company.
2021: The company was awarded Certificate of Recognition for Best HR initiative of the Year-WFH Management at Energy HR summit, India.
2021: The company got shareholders’ approval to raise funds through Initial Public Offer (IPO) and to get Listed.