Shigan Quantum Technologies (NSE:SHIGAN) Gross Margin %: 19.82% (As of Mar. 2026) — Near Median

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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
View Full Analysis

What is Shigan Quantum Technologies Gross Margin %?

Shigan Quantum Technologies NSE:SHIGAN +2.44% 62 Gross Margin % is 19.82% as of Mar. 2026, which is 5% above its 10-year median of 18.92. 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. Among 1,307 Vehicles & Parts companies, Shigan Quantum Technologies ranks worse than 51.26% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Shigan Quantum Technologies's Gross Profit for the six months ended in Mar. 2026 was ₹216 Mil. Shigan Quantum Technologies's Revenue for the six months ended in Mar. 2026 was ₹1,088 Mil. Therefore, Shigan Quantum Technologies's Gross Margin % for the quarter that ended in Mar. 2026 was 19.82%.


The historical rank and industry rank for Shigan Quantum Technologies's Gross Margin % or its related term are showing as below:

NSE:SHIGAN' s Gross Margin % Range Over the Past 10 Years
Min: 15.8   Med: 18.92   Max: 20.35
Current: 19.62


During the past 8 years, the highest Gross Margin % of Shigan Quantum Technologies was 20.35%. The lowest was 15.80%. And the median was 18.92%.

NSE:SHIGAN's Gross Margin % is ranked worse than
51.26% of 1307 companies
in the Vehicles & Parts industry
Industry Median: 19.89 vs NSE:SHIGAN: 19.62

Shigan Quantum Technologies had a gross margin of 19.82% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Shigan Quantum Technologies was 0.00% per year.


Shigan Quantum Technologies  (NSE:SHIGAN) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Shigan Quantum Technologies had a gross margin of 19.82% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Shigan Quantum Technologies Gross Margin % Related Terms


Shigan Quantum Technologies Gross Margin % Historical Data

* Premium members only.

The historical data trend for Shigan Quantum Technologies's Gross Margin % 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 Gross Margin % Chart

Shigan Quantum Technologies Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial 0.00 15.80 20.31 20.35 19.62

Shigan Quantum Technologies Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.01 20.38 20.33 19.42 19.82

NSE:SHIGAN vs ORLY, AZO: Gross Margin % Comparison

For the Auto Parts subindustry, Shigan Quantum Technologies's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shigan Quantum Technologies's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Shigan Quantum Technologies's Gross Margin % falls into.


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

Shigan Quantum Technologies Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Shigan Quantum Technologies's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=428.5 / 2184.255
=(Revenue - Cost of Goods Sold) / Revenue
=(2184.255 - 1755.738) / 2184.255
=19.62 %

Shigan Quantum Technologies's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=215.6 / 1088.048
=(Revenue - Cost of Goods Sold) / Revenue
=(1088.048 - 872.443) / 1088.048
=19.82 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 19.82% mean?
Shigan Quantum Technologies (NSE:SHIGAN) has a Gross Margin % of 19.82% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Shigan Quantum Technologies and its competitors. This is near median its historical median of 18.92. Over the past decade, Shigan Quantum Technologies' Gross Margin % has ranged from 15.80 to 20.35. According to the industry distribution chart, Shigan Quantum Technologies ranks #670 out of 1307 companies in the Vehicles & Parts industry, placing it in the top 51.3%.
Is Shigan Quantum Technologies' Gross Margin % too high?
Shigan Quantum Technologies' current Gross Margin % of 19.82% is near median its 10-year median of 18.92. Over the past 10 years, this metric has ranged from a low of 15.80 to a high of 20.35. The Vehicles & Parts industry median Gross Margin % is 19.89. Shigan Quantum Technologies' value of 19.82% is 0.4% below this industry median. Based on the distribution chart, Shigan Quantum Technologies ranks #670 out of 1307 companies in the Vehicles & Parts industry, which is below the industry midpoint. 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' Gross Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Shigan Quantum Technologies ranks #670 out of 1307 companies for Gross Margin %. This places Shigan Quantum Technologies in the lower half of its industry. The industry median Gross Margin % is 19.89. Shigan Quantum Technologies' value of 19.82% is 0.4% below this benchmark. Historically, Shigan Quantum Technologies' own Gross Margin % has ranged from 15.80 to 20.35 over the past decade. While the company's 10-year median is 18.92 vs. the industry median of 19.89, Shigan Quantum Technologies has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.89, based on 1,307 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shigan Quantum Technologies's current Gross Margin % of 19.82% is 0.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Shigan Quantum Technologies and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shigan Quantum Technologies's current Gross Margin % is 19.82%, which is near median its own 10-year median of 18.92. 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 Gross Margin % is 19.82%, which is near median its 10-year median of 18.92 and 0.4% below the Vehicles & Parts industry median of 19.89. 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 Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Shigan Quantum Technologies (NSE:SHIGAN), the current Gross Margin % is 19.82% 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:

  • Gross Margin %: 19.82% (near median its 10-year median of 18.92)
  • GF Value™: ₹104.38 vs. price of ₹64.95 (37.8% below fair value)
  • GF Score™: 62/100 with 5 warning signs
  • Industry Position: 0.4% below the Vehicles & Parts median (#670 of 1307)

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

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

₹64.95
Price
₹104.38
GF Value