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Shigan Quantum Technologies (NSE:SHIGAN) Operating Margin % : 6.45% (As of Sep. 2023)


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What is Shigan Quantum Technologies Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Shigan Quantum Technologies's Operating Income for the six months ended in Sep. 2023 was ₹43 Mil. Shigan Quantum Technologies's Revenue for the six months ended in Sep. 2023 was ₹659 Mil. Therefore, Shigan Quantum Technologies's Operating Margin % for the quarter that ended in Sep. 2023 was 6.45%.

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

NSE:SHIGAN' s Operating Margin % Range Over the Past 10 Years
Min: 3.75   Med: 7.3   Max: 7.75
Current: 3.75


NSE:SHIGAN's Operating Margin % is ranked worse than
59.72% of 1286 companies
in the Vehicles & Parts industry
Industry Median: 5.01 vs NSE:SHIGAN: 3.75

Shigan Quantum Technologies's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Shigan Quantum Technologies's Operating Income for the six months ended in Sep. 2023 was ₹43 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2023 was ₹45 Mil.


Shigan Quantum Technologies Operating Margin % Historical Data

The historical data trend for Shigan Quantum Technologies's Operating 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.

* Premium members only.

Shigan Quantum Technologies Operating Margin % Chart

Shigan Quantum Technologies Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Operating Margin %
7.75 7.17 7.42 - 4.89

Shigan Quantum Technologies Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Operating Margin % Get a 7-Day Free Trial - - 7.06 0.42 6.45

Competitive Comparison of Shigan Quantum Technologies's Operating Margin %

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

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

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



Shigan Quantum Technologies Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Shigan Quantum Technologies's Operating Margin % for the fiscal year that ended in Mar. 2023 is calculated as

Operating Margin %=Operating Income (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=80.07 / 1637.371
=4.89 %

Shigan Quantum Technologies's Operating Margin % for the quarter that ended in Sep. 2023 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=42.525 / 658.89
=6.45 %

* 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) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Shigan Quantum Technologies Operating Margin % Related Terms

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Shigan Quantum Technologies (NSE:SHIGAN) Business Description

Traded in Other Exchanges
N/A
Address
Alier Bhangrola Road, Shyam Udyog Parisar, IMT Manesa, 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, Hydrogen Fuel Kit systems for original equipment manufacturer suppliers to auto industries The company manufactures Alternate Fuel Systems for heavy duty vehicles, light duty vehicles, and off- highway applications.

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