Shigan Quantum Technologies (NSE:SHIGAN) EBIT: ₹172 Mil (TTM As of Mar. 2026)

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NSE:SHIGAN Shigan Quantum Technologies Ltd NSE:SHIGAN
62 GF Score
Price ₹64.95
GF Value ₹104.38
Valuation Possible Value Trap
! 5 Warning Signs
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What is Shigan Quantum Technologies EBIT?

Shigan Quantum Technologies NSE:SHIGAN +2.44% 62 EBIT is ₹172 Mil as of Mar. 2026. GuruFocus rates NSE:SHIGAN with a GF Score™ of 62/100 and a GF Value™ of ₹104.38 (Possible Value Trap). The stock has 5 warning signs investors should review.

Shigan Quantum Technologies's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was ₹101 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹172 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shigan Quantum Technologies's annualized ROC % for the quarter that ended in Mar. 2026 was 6.91%. Shigan Quantum Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 21.79%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shigan Quantum Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.60%.


Shigan Quantum Technologies  (NSE:SHIGAN) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Shigan Quantum Technologies's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=152.152 * ( 1 - 30.87% )/( (1510.442 + 1535.745)/ 2 )
=105.1826776/1523.0935
=6.91 %

where

Invested Capital(Q: Sep. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1923.697 - 216.383 - ( 196.872 - max(0, 811.508 - 1589.351+196.872))
=1510.442

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2035.69 - 307.28 - ( 192.665 - max(0, 888.629 - 1666.347+192.665))
=1535.745

Note: The Operating Income data used here is two times the semi-annual (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Shigan Quantum Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=201.15/( ( (266.907 + max(629.044, 0)) + (309.797 + max(640.466, 0)) )/ 2 )
=201.15/( ( 895.951 + 950.263 )/ 2 )
=201.15/923.107
=21.79 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(388.854 + 473.153 + 39.772) - (216.383 + 0 + 56.352)
=629.044

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(468.991 + 492.977 + 42.113) - (307.28 + 0 + 56.335)
=640.466

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Shigan Quantum Technologies's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=171.752/1789.042
=9.60 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Shigan Quantum Technologies EBIT Related Terms


Shigan Quantum Technologies EBIT Historical Data

* Premium members only.

The historical data trend for Shigan Quantum Technologies's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Shigan Quantum Technologies EBIT Chart

Shigan Quantum Technologies Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial 0.00 75.88 103.89 183.52 171.75

Shigan Quantum Technologies Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 60.48 89.38 94.15 71.18 100.58

NSE:SHIGAN vs ORLY, AZO: EBIT Comparison

For the Auto Parts subindustry, Shigan Quantum Technologies's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Shigan Quantum Technologies EV-to-EBIT vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shigan Quantum Technologies's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shigan Quantum Technologies's EV-to-EBIT falls into.


NSE:SHIGAN
62GF Score
Shigan Quantum Technologies Ltd NSE:SHIGAN
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shigan Quantum Technologies EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹172 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₹172 Mil mean?
Shigan Quantum Technologies (NSE:SHIGAN) has a EBIT of ₹172 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Shigan Quantum Technologies.
Is Shigan Quantum Technologies' EBIT too high?
Shigan Quantum Technologies' current EBIT is ₹172 Mil. Overall, Shigan Quantum Technologies has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shigan Quantum Technologies' EBIT compare to ORLY and AZO?
Shigan Quantum Technologies' EBIT of ₹172 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Vehicles & Parts company?
A good EBIT depends on the Vehicles & Parts industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Shigan Quantum Technologies. Shigan Quantum Technologies's current EBIT is ₹172 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shigan Quantum Technologies stock overvalued right now?
Based on GuruFocus' analysis, Shigan Quantum Technologies (NSE:SHIGAN) is currently considered Possible Value Trap. The stock's GF Value™ is ₹104.38, compared to a current price of ₹64.95 — trading 37.8% below its estimated fair value. The current EBIT is ₹172 Mil. Shigan Quantum Technologies' overall GF Score™ is 62/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Shigan Quantum Technologies (NSE:SHIGAN), the current EBIT is ₹172 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Shigan Quantum Technologies (NSE:SHIGAN) Overvalued in 2026?

Based on GuruFocus' analysis, Shigan Quantum Technologies stock appears to be undervalued. The current stock price of ₹64.95 is trading 37.8% below its estimated GF Value™ of ₹104.38. GuruFocus considers Shigan Quantum Technologies to be Possible Value Trap.

Key valuation signals for NSE:SHIGAN:

  • EBIT: ₹172 Mil
  • GF Value™: ₹104.38 vs. price of ₹64.95 (37.8% below fair value)
  • GF Score™: 62/100 with 5 warning signs

No single metric tells the full story. See the NSE:SHIGAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shigan Quantum Technologies Business Description

Address Alier Bhangrola Road, Hall No. 2, 3, 6-8, Ground Floor and First floor, Shyam Udyog Parisar, Khasra No. 25/1, 15/3/2, IMT Manesar, Gurugram, HR, IND, 122052
Shigan Quantum Technologies Ltd is engaged in the business of designing, developing, and manufacturing a variety of alternate fuel systems components, including compressed natural gas, liquefied natural gas, and hydrogen fuel kit systems for original equipment manufacturer suppliers to the auto industry. The company manufactures alternate fuel systems for heavy-duty vehicles, light-duty vehicles, and off-highway applications. Its product portfolio includes CNG filters, engine control units, fuel rails, injectors, filler valves, and others.
62GF Score

Get the complete analysis for NSE:SHIGAN

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹64.95
Price
₹104.38
GF Value