Is Shigan Quantum Technologies Ltd (SHIGAN) 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 Ltd (SHIGAN) 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 Undervalued zone .

What is Shigan Quantum Technologies Ltd (SHIGAN) share price return in the past 10 years?

Data is not available for this company

Is Shigan Quantum Technologies Ltd (SHIGAN) a good buy now?

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

What is the share price of Shigan Quantum Technologies Ltd (SHIGAN)?

Company share prices are keep on changing according to the market conditions. The current trading price of Shigan Quantum Technologies Ltd (SHIGAN) on 01-Jan-1970 05:30:00 at 05:30 is .

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 11.37.

What is the P/B ratio of Shigan Quantum Technologies Ltd (SHIGAN)?

The latest standalone P/B ratio of Shigan Quantum Technologies Ltd (SHIGAN) as of 01-Jan-1970 is 1.04.

What is the 52-week high and low of Shigan Quantum Technologies Ltd (SHIGAN)?

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

Shigan Quantum Technologies Ltd (SHIGAN) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Name: Shigan Quantum Technologies Ltd (SHIGAN)
Brand: Shigan Quantum Technologies

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

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Based on:

Data

M-Cap below 100cr DeciZen not available

Shigan Quantum Technologies stock performance -

Key Ratios

P/E Ratio (SA):

11.37

Market Cap:

96.6 Cr.

52-wk low:

52-wk high:

Is Shigan Quantum Technologies Ltd an attractive stock to invest in?

10 Year X-Ray of Shigan Quantum Tech.: Login to view analysis.

Analysis of Financial Track Record

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'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	-42.5%	74.6%	51.7%	37.5%	27.9%	27.1%	31.8%	10.6%	11.6%	13.6%	-
Value Creation Index ⓘ	-4.0	4.3	2.7	1.7	1.0	0.9	1.3	-0.2	-0.2	0.0	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	5.7	38.7	69	69.1	72.8	95.7	242	164	152	211	211
Sales YoY Gr.	-	581.3%	78.4%	0%	5.4%	31.4%	153%	-32.4%	-7.2%	38.6%	-
Adj EPS ⓘ	-1.2	2.3	2.9	3.2	2.4	3.3	6.1	3.1	2.9	4.4	4.2
YoY Gr.	-	NA	27.8%	7.1%	-23.2%	34.3%	86.5%	-49.3%	-5.5%	50.7%	-
BVPS (₹) ⓘ	0	0	0	0	0	13.5	28.9	31.1	36.6	45.7	45.7
Adj Net Profit ⓘ	-1.2	2.3	2.9	3.2	3.1	4.1	10.4	5.3	5.3	8.9	8
Cash Flow from Ops. ⓘ	0.1	0.8	2.2	1.8	3.5	2.2	-27.4	2.1	-12.3	-12.4	-
Debt/CF from Ops. ⓘ	11.9	4	3.1	4.1	2	4	-0.8	16.9	-3.6	-4.3	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	49.4%	23.7%	-4.5%	38.6%
Adj EPS ⓘ	NA	12.6%	-10.3%	50.7%
BVPSⓘ	NA	NA	16.5%	24.8%
Share Price	-	-	-17.6%	-56.9%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	-87.5	128.4	69.4	45.2	28.3	27	31.2	10.2	8.4	10.9	9.2
Op. Profit Mgn % ⓘ	-14.7	9.3	7.9	9.2	7.9	7.8	7.2	7.5	8.6	9.8	NAN
Net Profit Mgn % ⓘ	-21.6	5.9	4.3	4.6	4.2	4.3	4.3	3.2	3.5	4.2	4
Debt to Equity ⓘ	1.7	1.2	1.2	0.9	0.5	0.5	0.5	0.7	0.7	0.6	-
Working Cap Days ⓘ	251	51	69	105	100	107	108	233	266	217	0
Cash Conv. Cycle ⓘ	146	29	37	59	68	40	17	50	86	87	0

Recent Performance Summary

Latest Financials - Shigan Quantum Technologies Ltd.

	Standalone	Consolidated
TTM EPS (₹)	4.2	4.3
TTM Sales (₹ Cr.)	211	211
BVPS (₹.) ⓘ	45.7	45.7
Reserves (₹ Cr.) ⓘ	73	73
P/BV ⓘ	1.04	1.04
PE ⓘ	11.37	11.06

From the Market
52 Week Low / High (₹)	0.00 / 0.00
All Time Low / High (₹)	- / -
Market Cap (₹ Cr.)	96.6
Equity (₹ Cr.)	20.3
Face Value (₹)	10
Industry PE ⓘ	44.4

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. - Standalone Basis

Analyst's Notes

No data found!

Key Ratios of Shigan Quantum Tech.

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	5.68	38.70	69.04	69.07	72.78	95.66	242.05	163.74	151.94	210.61
Operating Expenses ⓘ	6.62	35.45	63.96	63.36	67.22	89	225.36	153.54	139.02	190.59
Manufacturing Costs	0.62	3.37	4.80	10.09	7.53	15.40	28.73	23.45	19.55	30.40
Material Costs	3.48	27.71	52.86	45.91	51.62	64.15	180.78	114.42	101.53	139.91
Employee Cost	1.45	2.15	2.54	2.51	3.52	3.05	6.34	7.23	9.49	10.30
Other Costs ⓘ	1.06	2.22	3.76	4.85	4.54	6.39	9.52	8.44	8.46	9.98
Operating Profit ⓘ	-0.94	3.25	5.08	5.71	5.56	6.66	16.69	10.20	12.92	20.02
Operating Profit Margin (%)	-16.5%	8.4%	7.4%	8.3%	7.6%	7.0%	6.9%	6.2%	8.5%	9.5%
Other Income ⓘ	0.04	0.03	0.11	0.01	0.01	0.28	0.34	0.31	2.17	1.22
Interest ⓘ	0.16	0.47	0.97	1.46	1.09	1.33	2.38	3.24	4.58	6.42
Depreciation ⓘ	0.30	0.26	0.44	0.48	0.55	0.68	1.48	2	3.23	3.38
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	-1.34	2.55	3.78	3.78	3.93	4.93	13.17	5.27	7.27	11.44
Tax ⓘ	-0.05	0.47	1.02	1.09	1.01	1.26	3.30	1.41	1.88	2.95
Profit After Tax	-1.30	2.08	2.76	2.70	2.92	3.67	9.87	3.86	5.38	8.49
PAT Margin (%)	-22.8%	5.4%	4.0%	3.9%	4.0%	3.8%	4.1%	2.4%	3.5%	4.0%
Adjusted EPS (₹)	-1.3	2.1	2.8	2.7	2.3	2.9	5.7	2.2	3.0	4.2
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	5%

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund	0.75	2.83	5.63	8.33	13.34	17.13	49.69	53.55	66.37	92.86
Share Capital ⓘ	2	2	2	2	2.54	2.54	17.21	17.21	18.13	20.33
Reserves ⓘ	-1.25	0.83	3.63	6.33	10.81	14.59	32.48	36.34	48.24	72.54
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	1.25	3.24	6.45	6.69	6.72	8.72	17.83	34.41	42.77	51.11
Long Term Debt	0.03	0.08	0.30	0.11	0.12	1.15	0.83	0.47	7.02	7.61
Short Term Debt	1.22	3.17	6.15	6.58	6.61	7.57	16.99	33.94	35.74	43.50
Trade Payables	0.73	1.86	5.44	5.33	2.68	14.98	42.91	28.26	28.76	24.75
Others Liabilities ⓘ	2.16	1.47	2.87	2.72	1.74	4.53	27.58	10.18	13.33	7.53
Total Liabilities ⓘ	4.90	9.41	20.40	23.07	24.49	45.36	138.02	126.41	151.22	176.25
Fixed Assets
Gross Block	2.29	2.67	3.83	4.13	5.22	7.54	12.68	23.28	28.42	30.64
Accumulated Depreciation	1.30	1.56	2.01	2.49	3.07	4.41	5.89	7.89	11.12	14.50
Net Fixed Assets ⓘ	0.99	1.11	1.82	1.65	2.14	3.13	6.79	15.39	17.30	16.14
CWIP ⓘ	0	0	0	0	3.44	2.75	0	0	0	0
Investmentsⓘ	0	0	0	0	0	0	0	5.17	5.42	6.42
Inventories	2	4.67	7.73	14.14	13.12	12.10	54.51	55.68	51.82	49.24
Trade Receivables	1.20	2.40	8.01	4.83	4.31	11.19	5.96	5.87	21.04	39.09
Cash Equivalents	0.07	0.05	0.07	0.15	0.22	2.17	25.88	2.59	10.01	21.41
Others Assetsⓘ	0.64	1.19	2.76	2.30	1.26	14.01	44.88	41.70	45.63	43.95
Total Assets ⓘ	4.90	9.41	20.40	23.07	24.49	45.36	138.02	126.41	151.22	176.25

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ	0.10	0.83	2.16	1.84	3.47	2.21	-27.36	2.08	-12.34	-12.37
PBT ⓘ	-1.34	2.55	3.78	3.78	3.93	4.93	13.17	5.27	7.27	11.44
Adjustment ⓘ	0.42	0.73	1.41	1.94	1.63	2.03	4.38	6.55	7.58	10.05
Changes in Working Capital ⓘ	1.03	-1.94	-2.01	-2.76	-1.16	-3.51	-41.18	-8.44	-25.29	-30.65
Tax Paid ⓘ	-0	-0.51	-1.02	-1.13	-0.93	-1.24	-3.73	-1.30	-1.90	-3.21
Cash Flow From Investing Activity ⓘ	0.03	-0.38	-1.16	-0.30	-4.51	-0.93	-2.30	-15.63	-5.18	-2.65
Capex	-0	-0.38	-1.16	-0.30	-4.53	-0.95	-2.38	-10.60	-5.14	-2.22
Net Investments	0	0	0	0	0	0	0	-5.17	-0.25	-1
Others ⓘ	0.03	0	0	0	0.01	0.02	0.08	0.15	0.21	0.57
Cash Flow From Financing Activityⓘ	-0.16	-0.47	-0.97	-1.46	1.12	0.67	33.79	9.55	17.12	15.78
Net Proceeds from Shares ⓘ	0	0	0	0	2.22	0	22.70	0	7.43	13.39
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	13.47	-0.37	6.55	0.58
Interest Paid ⓘ	-0.16	-0.47	-0.97	-1.46	-1.08	-1.33	-2.38	-3.24	-4.58	-6.42
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	0	0	0	0	-0.02	2	0	13.16	7.72	8.23
Net Cash Flow ⓘ	-0.03	-0.02	0.03	0.07	0.07	1.95	4.13	-4	-0.40	0.76

Finance Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	-92.37	116.05	65.18	38.64	26.95	24.1	29.54	7.48	8.98	10.66
ROCE (%)	-42.48	74.56	51.7	37.45	27.93	27.13	31.78	10.61	11.6	13.63
Asset Turnover Ratio	1.14	6.08	4.76	3.18	3.06	2.74	2.64	1.24	1.09	1.29
PAT to CFO Conversion(x)	N/A	0.4	0.78	0.68	1.19	0.6	-2.77	0.54	-2.29	-1.46
Working Capital Days
Receivable Days	94	15	27	34	23	30	13	13	32	52
Inventory Days	106	28	32	58	68	48	50	123	129	88
Payable Days	90	17	25	43	28	50	58	114	102	70

Shigan Quantum Technologies Ltd Stock News

Shigan Quantum Technologies Ltd FAQs

The current trading price of Shigan Quantum Tech. on 01-Jan-1970 05:30 is ₹0.00.

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 31-Dec-1969 the market cap of Shigan Quantum Tech. stood at ₹96.56.

The latest P/E ratio of Shigan Quantum Tech. as of 31-Dec-1969 is 11.37.

The latest P/B ratio of Shigan Quantum Tech. as of 31-Dec-1969 is 1.04.

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

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Shigan Quantum Tech. is ₹210.6 ( 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.

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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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SEBI Registration Number:	INA000013323 Validity - May 16, 2019 - Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
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Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
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Shigan Quantum Technologies Ltd (SHIGAN) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

DeciZen - make an informed investing decision on Shigan Quantum Tech. Share

M-Cap below 100cr DeciZen not available

Shigan Quantum Technologies stock performance -

Is Shigan Quantum Technologies Ltd an attractive stock to invest in?

10 Year X-Ray of Shigan Quantum Tech.: Login to view analysis. Share

Analysis of Financial Track Record

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Recent Performance Summary

Latest Financials - Shigan Quantum Technologies Ltd.

Management X-Ray of Shigan Quantum Tech.: Share

Shareholding Pattern

Promoter's Holding & Share Pledging

Valuation of Shigan Quantum Tech. - Standalone Basis Share

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Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

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Dividend History

Event Update Share

Analyst's Notes Share

Key Ratios of Shigan Quantum Tech. Share

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Finance Ratio Share

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Shigan Quantum Technologies Ltd FAQs

About Shigan Quantum Technologies Ltd Share

DeciZen - make an informed investing decision on Shigan Quantum Tech.

10 Year X-Ray of Shigan Quantum Tech.: Login to view analysis.

Management X-Ray of Shigan Quantum Tech.:

Valuation of Shigan Quantum Tech. - Standalone Basis

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