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Shigan Quantum TechnologiesNSE:SHIGAN +2.44%62 Interest Coverage is 1.99 as of Mar. 2026, which is 48% below its 10-year median of 3.85. 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 1,069 Vehicles & Parts companies, Shigan Quantum Technologies ranks worse than 83.54% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Shigan Quantum Technologies's
Operating Income
for the
six
months ended in Mar. 2026 was ₹76 Mil. Shigan Quantum Technologies's Interest Expense for the
six
months ended in Mar. 2026 was ₹-38 Mil.
Shigan Quantum Technologies's interest coverage for the quarter that ended in Mar. 2026 was 1.99.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Shigan Quantum Technologies's Interest Coverage or its related term are showing as below:
NSE:SHIGAN'
s Interest Coverage Range Over the Past 10 Years
Min: 1.9 Med: 3.85 Max: 9.43
Current: 1.9
NSE:SHIGAN's Interest Coverage is ranked worse than 83.54% of 1069
companies
in the Vehicles & Parts industry
Industry Median: 8.36
vs NSE:SHIGAN: 1.90
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Shigan Quantum Technologies Interest Coverage Related Terms
Shigan Quantum Technologies Interest Coverage Historical Data
* 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
NSE:SHIGAN vs ORLY, AZO: Interest Coverage Comparison
For the Auto Parts subindustry, Shigan Quantum Technologies's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Shigan Quantum Technologies's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Shigan Quantum Technologies's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 (NSE:SHIGAN) has a Interest Coverage of 1.99 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Shigan Quantum Technologies and its competitors. This is 48% below median its historical median of 3.85. Over the past decade, Shigan Quantum Technologies' Interest Coverage has ranged from 1.90 to 9.43. According to the industry distribution chart, Shigan Quantum Technologies ranks #893 out of 1069 companies in the Vehicles & Parts industry, placing it in the top 83.5%.
Is Shigan Quantum Technologies' Interest Coverage too high?
Shigan Quantum Technologies' current Interest Coverage of 1.99 is 48% below median its 10-year median of 3.85. Over the past 10 years, this metric has ranged from a low of 1.90 to a high of 9.43. The Vehicles & Parts industry median Interest Coverage is 8.36. Shigan Quantum Technologies' value of 1.99 is 76.2% below this industry median. Based on the distribution chart, Shigan Quantum Technologies ranks #893 out of 1069 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. 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' Interest Coverage compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Shigan Quantum Technologies ranks #893 out of 1069 companies for Interest Coverage. This places Shigan Quantum Technologies in the lower half of its industry. The industry median Interest Coverage is 8.36. Shigan Quantum Technologies' value of 1.99 is 76.2% below this benchmark. Historically, Shigan Quantum Technologies' own Interest Coverage has ranged from 1.90 to 9.43 over the past decade. While the company's 10-year median is 3.85 vs. the industry median of 8.36, 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 Interest Coverage for a Vehicles & Parts company?
The median Interest Coverage among Vehicles & Parts companies is 8.36, based on 1,069 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shigan Quantum Technologies's current Interest Coverage of 1.99 is 76.2% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Shigan Quantum Technologies and its competitors. For the Vehicles & Parts industry, the median Interest Coverage is 8.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shigan Quantum Technologies's current Interest Coverage is 1.99, which is 48% below median its own 10-year median of 3.85. 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 Interest Coverage is 1.99, which is 48% below median its 10-year median of 3.85 and 76.2% below the Vehicles & Parts industry median of 8.36. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Shigan Quantum Technologies (NSE:SHIGAN), the current Interest Coverage is 1.99 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:
Interest Coverage: 1.99 (48% below median its 10-year median of 3.85)
GF Value™: ₹104.38 vs. price of ₹64.95 (37.8% below fair value)
Industry Position: 76.2% below the Vehicles & Parts median (#893 of 1069)
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 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
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