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 ₹ 196 Cr.
- Current Price ₹ 108
- High / Low ₹ 167 / 89.7
- Stock P/E 41.0
- Book Value ₹ 36.4
- Dividend Yield 0.00 %
- ROCE 12.6 %
- ROE 8.86 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 2.97 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -3.71%
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| 0 | 164 | 152 | |
| 0 | 154 | 139 | |
| Operating Profit | 0 | 10 | 13 |
| OPM % | 6% | 8% | |
| 0 | 0 | 2 | |
| Interest | 0 | 3 | 5 |
| Depreciation | 0 | 2 | 4 |
| Profit before tax | 0 | 5 | 7 |
| Tax % | 28% | 29% | |
| 0 | 4 | 5 | |
| EPS in Rs | 0.00 | 2.13 | 2.63 |
| Dividend Payout % | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 30% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -15% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | |
|---|---|---|
| Equity Capital | 17 | 18 |
| Reserves | 37 | 48 |
| 35 | 45 | |
| 38 | 41 | |
| Total Liabilities | 127 | 152 |
| 15 | 22 | |
| CWIP | 0 | 0 |
| Investments | 0 | 0 |
| 112 | 129 | |
| Total Assets | 127 | 152 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| 0 | -3 | -7 | |
| 0 | -10 | -10 | |
| 0 | 10 | 17 | |
| Net Cash Flow | 0 | -4 | -0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| Debtor Days | 13 | ||
| Inventory Days | 178 | ||
| Days Payable | 91 | ||
| Cash Conversion Cycle | 100 | ||
| Working Capital Days | 156 | ||
| ROCE % |
Documents
Announcements
-
Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
17 July 2024 - SHIGAN QUANTUM TECHNOLOGIES LIMITED has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
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Change in Company Secretary/Compliance Officer
17 July 2024 - Shigan Quantum Technologies Limited has informed about Change in Company Secretary/Compliance Officer
-
Resignation
11 July 2024 - Shigan Quantum Technologies Limited has informed regarding Resignation of Mrs Swati as Company Secretary & Compliance Officer of the company w.e.f. July 20, 2024.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
3 July 2024 - Shigan Quantum Technologies Limited has informed about Certificate under SEBI (Depositories and Participants) Regulations, 2018
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Analysts/Institutional Investor Meet/Con. Call Updates
21 June 2024 - Shigan Quantum Technologies Limited has informed about the Outcome of Analyst/Institutional Investor Meeting.
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