Shigan Quantum Technologies Ltd
Incorporated in 2008, Shigan Quantum Technologies Ltd is in the business of manufacturing and providing services
of Alternate Fuel System Components
for CNG and LPG, mainly used by OEM
suppliers to auto industries[1]
- Market Cap ₹ 203 Cr.
- Current Price ₹ 112
- High / Low ₹ 167 / 89.7
- Stock P/E 37.8
- Book Value ₹ 36.6
- Dividend Yield 0.00 %
- ROCE 11.9 %
- ROE 8.97 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -3.71%
- Company has a low return on equity of 13.2% over last 3 years.
- Debtor days have increased from 38.7 to 50.6 days.
- Working capital days have increased from 135 days to 200 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Auto Ancillaries Industry: Auto Ancillaries
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
69 | 69 | 73 | 96 | 242 | 164 | 152 | |
64 | 63 | 67 | 89 | 225 | 153 | 139 | |
Operating Profit | 5 | 6 | 6 | 7 | 17 | 10 | 13 |
OPM % | 7% | 8% | 8% | 7% | 7% | 6% | 8% |
0 | 0 | 0 | 0 | 0 | 0 | 2 | |
Interest | 1 | 1 | 1 | 1 | 2 | 3 | 5 |
Depreciation | 0 | 0 | 1 | 1 | 1 | 2 | 3 |
Profit before tax | 4 | 4 | 4 | 5 | 13 | 5 | 7 |
Tax % | 27% | 29% | 26% | 25% | 25% | 27% | 26% |
3 | 3 | 3 | 4 | 10 | 4 | 5 | |
EPS in Rs | 13.80 | 13.30 | 11.52 | 14.48 | 5.73 | 2.24 | 2.97 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 17% |
3 Years: | 17% |
TTM: | -7% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 15% |
3 Years: | 14% |
TTM: | 39% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -15% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 15% |
3 Years: | 13% |
Last Year: | 9% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
Equity Capital | 2 | 2 | 3 | 3 | 17 | 17 | 18 |
Reserves | 4 | 6 | 11 | 15 | 32 | 36 | 48 |
7 | 7 | 7 | 9 | 22 | 35 | 45 | |
8 | 7 | 5 | 20 | 67 | 38 | 41 | |
Total Liabilities | 21 | 22 | 25 | 46 | 138 | 127 | 152 |
2 | 2 | 2 | 3 | 7 | 15 | 17 | |
CWIP | 0 | 0 | 3 | 3 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 5 | 5 |
19 | 20 | 19 | 40 | 132 | 106 | 129 | |
Total Assets | 21 | 22 | 25 | 46 | 138 | 127 | 152 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
2 | 2 | 3 | 2 | -8 | 2 | -12 | |
-1 | -0 | -5 | -1 | -2 | -16 | -5 | |
-1 | -1 | 1 | 1 | 34 | 10 | 17 | |
Net Cash Flow | 0 | 0 | 0 | 2 | 24 | -4 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
Debtor Days | 42 | 26 | 22 | 43 | 52 | 13 | 51 |
Inventory Days | 53 | 112 | 93 | 69 | 110 | 178 | 186 |
Days Payable | 38 | 43 | 19 | 85 | 87 | 90 | 103 |
Cash Conversion Cycle | 58 | 95 | 95 | 26 | 76 | 101 | 133 |
Working Capital Days | 55 | 70 | 73 | 69 | 59 | 145 | 200 |
ROCE % | 38% | 28% | 27% | 32% | 11% | 12% |
Documents
Announcements
-
Acquisition-XBRL
24 August 2024 - Shigan Quantum Technologies Limited has informed regarding Acquisition
-
Acquisition
23 August 2024 - Shigan Quantum Technologies Limited has informed about acquisition of shares
-
Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
14 August 2024 - SHIGAN QUANTUM TECHNOLOGIES LIMITED has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
-
Notice Of Shareholders Meetings-XBRL
14 August 2024 - SHIGAN QUANTUM TECHNOLOGIES LIMITED has informed about Notice of Shareholders Meeting for Annual General Meeting to be held on 11-Sep-2024
-
Shareholders meeting
14 August 2024 - Shigan Quantum Technologies Limited has informed regarding Notice of Annual General Meeting to be held on September 11, 2024
Business Overview:[1]
SQTL is an alternative fuel system solution provider for automotive, locomotive and stationary engine applications. It is the only company in India which has completely indigenised BS-VI + OBD-II CNG fuel system to provide advanced technology, for Indian Automotive OE customers, through multipoint gas injection (MPGI) technology