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 ₹ 134 Cr.
- Current Price ₹ 65.8
- High / Low ₹ 134 / 61.5
- Stock P/E 15.3
- Book Value ₹ 45.7
- Dividend Yield 0.30 %
- ROCE 13.9 %
- ROE 10.7 %
- Face Value ₹ 10.0
Pros
- Promoter holding has increased by 1.95% over last quarter.
Cons
- Debtor days have increased from 43.9 to 67.9 days.
- Promoter holding has decreased over last 3 years: -3.89%
* 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.
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 | Mar 2025 | |
|---|---|---|---|---|
| 0 | 164 | 152 | 211 | |
| 0 | 154 | 139 | 190 | |
| Operating Profit | 0 | 10 | 13 | 21 |
| OPM % | 6% | 8% | 10% | |
| 0 | 0 | 2 | 1 | |
| Interest | 0 | 3 | 5 | 7 |
| Depreciation | 0 | 2 | 4 | 4 |
| Profit before tax | 0 | 5 | 7 | 12 |
| Tax % | 28% | 29% | 26% | |
| 0 | 4 | 5 | 9 | |
| EPS in Rs | 0.00 | 2.13 | 2.63 | 4.29 |
| Dividend Payout % | 0% | 0% | 5% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 39% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 83% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -9% |
| 1 Year: | -49% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Equity Capital | 17 | 18 | 20 | |
| Reserves | 37 | 53 | 73 | |
| 35 | 45 | 56 | ||
| 38 | 36 | 40 | ||
| Total Liabilities | 127 | 152 | 188 | |
| 15 | 22 | 30 | ||
| CWIP | 0 | 0 | 0 | |
| Investments | 0 | 0 | 0 | |
| 112 | 129 | 158 | ||
| Total Assets | 127 | 152 | 188 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 0 | -3 | -7 | -6 | |
| 0 | -11 | -10 | -11 | |
| 0 | 10 | 17 | 18 | |
| Net Cash Flow | 0 | -4 | -0 | 1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 13 | 51 | 68 | |
| Inventory Days | 178 | 186 | 130 | |
| Days Payable | 91 | 104 | 66 | |
| Cash Conversion Cycle | 100 | 133 | 132 | |
| Working Capital Days | 79 | 110 | 84 | |
| ROCE % | 11% | 14% |
Documents
Announcements
-
Shareholders meeting
30 September 2025 - AGM held 26 Sep 2025; all eight resolutions passed unanimously; total votes 15,237,900
-
Shareholders meeting
30 September 2025 - 17th AGM (26 Sep 2025): All resolutions passed unanimously; audited FY2025, dividend, preferential-issue object change; 15,237,900 votes.
-
Trading Window
29 September 2025 - Trading window closed Oct 1, 2025 until 48 hours after unaudited results for period ending Sept 30, 2025.
-
Shareholders meeting
26 September 2025 - 17th AGM held 26 Sep 2025; adopted FY2024-25 financials, dividend approved, material RPT and director reappointment.
-
Shareholders meeting
3 September 2025 - AGM on 26 Sep 2025; final dividend ₹0.20; approve material RPTs up to ₹7,700L; alter preferential issue objects, ₹1,200L.
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