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 ₹ 144 Cr.
- Current Price ₹ 71.0
- High / Low ₹ 139 / 61.5
- Stock P/E 16.5
- Book Value ₹ 45.7
- Dividend Yield 0.28 %
- 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: | -12% |
| 1 Year: | -47% |
| 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
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.
-
Agreements
27 August 2025 - EMPL signed exclusive 10-year+ license with V&T for EV controllers/inverters in India; royalty-based, phased localization.
-
Updates
26 August 2025 - Proposed increase to utilize Rs.1,200 lakhs (from Rs.563 lakhs) in subsidiary for automation and technology acquisition.
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Record Date
19 August 2025 - Final dividend Rs.0.20/share; record date 05 Sep 2025; payment within 30 days post-AGM.
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Updates
18 August 2025 - Proposes investing Rs.563 lakh of Rs.1,724 lakh unutilized preferential proceeds into wholly‑owned subsidiary; shareholder approval sought.
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