Shanthi Gears

  • Market Cap: Small Cap
  • Industry: Industrial Manufacturing
  • ISIN: INE631A01022
  • NSEID: SHANTIGEAR
  • BSEID: 522034
INR
402.65
-5.75 (-1.41%)
BSENSE

Aug 07, 03:30 PM

BSE+NSE Vol: 21.3 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

21.3 k (22.75%) Volume

Shareholding (Jun 2026)

FII

3.13%

Held by 30 FIIs

DII

0.23%

Held by 1 DIIs

Promoter

70.47%

Why is Shanthi Gears Ltd. falling/rising?

07-Aug-2026

As of 07-Aug, Shanthi Gears Ltd. is facing a significant decline in its stock price, currently at Rs 402.65, due to poor financial performance and consistent underperformance against benchmarks. The stock has dropped 14.46% year-to-date and is perceived as overvalued, contributing to negative investor sentiment.

As of 07-Aug, Shanthi Gears Ltd. is experiencing a decline in its stock price, currently at Rs 402.65, which reflects a change of -5.75 (-1.41%). This downward movement can be attributed to several factors highlighted in the recent performance data. <BR><BR>Over the past week, the stock has fallen by 2.40%, while the benchmark Sensex has gained 0.52%. In the last month, the stock's performance has been even more concerning, with a decline of 9.17% compared to a slight increase of 0.41% in the Sensex. Year-to-date, the stock has dropped 14.46%, significantly underperforming the Sensex, which is down only 7.89%. Over the past year, the stock has plummeted by 25.63%, while the benchmark has only decreased by 2.63%. <BR><BR>The stock is currently trading close to its 52-week low, just 3.22% above Rs 391. It has underperformed its sector by 3.74% today and has seen a consecutive fall over the last two days, with a total decline of 2.85%. Additionally, the stock is trading below all key moving averages, indicating a bearish trend.<BR><BR>Financially, the company has reported very negative results, including a 14.52% fall in net sales and a significant drop in profit after tax (PAT) by 50.9% compared to the previous four-quarter average. The company has also declared negative results for the last four consecutive quarters, which raises concerns about its financial health. The return on capital employed (ROCE) is at a low of 24.42%, and the operating profit to net sales ratio is the lowest at 13.14%. <BR><BR>Moreover, the stock is perceived as overvalued, trading at a premium compared to its peers, with a price-to-book value of 7. Domestic mutual funds hold only a minimal stake of 0.03%, suggesting a lack of confidence in the stock's current valuation. <BR><BR>In summary, the combination of poor financial performance, consistent underperformance against benchmarks, and negative investor sentiment has contributed to the decline in Shanthi Gears Ltd.'s stock price.

View full answer

Are Shanthi Gears Ltd. latest results good or bad?

30-Jul-2026

Shanthi Gears Ltd.'s latest Q1 FY27 results are concerning, showing a 56.59% decline in net profit to ₹9.85 crore and a 14.38% drop in revenue to ₹115.49 crore, marking the lowest sales in over two years. The significant deterioration in operating and profit margins indicates operational challenges, making these results unfavorable for the company.

Shanthi Gears Ltd.'s latest results for Q1 FY27 indicate a concerning performance. The company reported a net profit of ₹9.85 crore, which represents a significant decline of 56.59% year-on-year. Revenue also fell to ₹115.49 crore, down 14.38% compared to the same quarter last year, marking the lowest quarterly sales figure in over two years.<BR><BR>The operating margin has deteriorated sharply to 13.14%, down from 22.62% in the previous year, reflecting severe operational challenges. Additionally, the profit after tax (PAT) margin has compressed to 8.53%, down from 16.82% year-on-year.<BR><BR>Overall, these results highlight a troubling trend for Shanthi Gears, characterized by declining revenues, shrinking margins, and a significant drop in profitability. The company is facing operational headwinds that have led to a negative market response, with the stock underperforming relative to its peers in the Industrial Manufacturing sector. Given these factors, the latest results can be considered bad for the company.

View full answer

Should I buy, sell or hold Shanthi Gears Ltd.?

30-Jul-2026

How big is Shanthi Gears?

11-Jun-2026

As of 10th June, Shanthi Gears Ltd. has a market capitalization of 3,388.00 Cr, with recent net sales of 518.72 Cr and a net profit of 76.66 Cr.

As of 10th June, Shanthi Gears Ltd. has a market capitalization of 3,388.00 Cr and is classified as a Small Cap company.<BR><BR>In the latest four quarters, Shanthi Gears reported Net Sales of 518.72 Cr and a Net Profit of 76.66 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 402.99 Cr and Total Assets of 499.06 Cr.

View full answer

Who are in the management team of Shanthi Gears?

11-Jun-2026

The management team of Shanthi Gears includes M Karunakaran (Whole Time Director & CEO), Arunachalam Murugappa (Chairman), Mukesh Ahuja, Arun Venkatachalam (Directors), and Walter Vasanth P J (Company Secretary). The board also features several Independent Directors, including J Balamurugan and SOUNDARA KUMAR.

The management team of Shanthi Gears includes the following members:<BR><BR>1. **M Karunakaran** - Whole Time Director & CEO<BR>2. **Arunachalam Murugappa Arunachalam Murugappan** - Chairman (Non-Executive)<BR>3. **Mukesh Ahuja** - Director<BR>4. **Arun Venkatachalam** - Director<BR>5. **Walter Vasanth P J** - Company Secretary & Compliance Officer<BR><BR>Additionally, the board features several Independent Directors:<BR>- **J Balamurugan**<BR>- **SOUNDARA KUMAR**<BR>- **S K Sundararaman**<BR>- **N Krishna Samaraj**<BR>- **L Ramkumar**<BR><BR>This diverse team brings a range of expertise to the company, contributing to its governance and strategic direction.

View full answer

Who are the peers of the Shanthi Gears?

11-Jun-2026

Peers of Shanthi Gears include The Anup Enginee, Pitti Engg., Cyient DLM, GMM Pfaudler, Standard Enginee, Concord Control, Windsor Machines, Jash Engineering, and JNK. Shanthi Gears has average management risk, a good growth rating, and a 1-year return of -14.00%.

Peers: The Anup Enginee, Pitti Engg., Cyient DLM, GMM Pfaudler, Shanthi Gears, Standard Enginee, Concord Control, Windsor Machines, Jash Engineering, JNK.<BR><BR>Quality Snapshot: Excellent management risk is observed at The Anup Enginee and JNK, while Good management risk is found at Pitti Engg., GMM Pfaudler, and the rest. Average management risk is seen at Cyient DLM, Shanthi Gears, Standard Enginee, Concord Control, Jash Engineering, and Windsor Machines. Below Average management risk is noted at Windsor Machines. Growth is Excellent at Concord Control, Good at Shanthi Gears and GMM Pfaudler, Average at Pitti Engg., and Below Average at The Anup Enginee, Cyient DLM, Standard Enginee, Jash Engineering, and the rest. Capital Structure is Excellent at The Anup Enginee, Shanthi Gears, Standard Enginee, Concord Control, Jash Engineering, and JNK, while Good is noted at Cyient DLM and Windsor Machines, and Average at Pitti Engg.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Concord Control at 161.85%, while the lowest is The Anup Enginee at -34.60%. Shanthi Gears has a 1-year return of -14.00%, which is better than The Anup Enginee but worse than Concord Control. Additionally, peers with a negative six-month return include GMM Pfaudler and Standard Enginee.

View full answer

What does Shanthi Gears do?

10-Jun-2026

Shanthi Gears Ltd. is a small-cap gear manufacturing company established in 1969, with recent quarterly net sales of ₹135 Cr and a net profit of ₹16 Cr as of March 2026. The company has a market cap of ₹3,388 Cr and key metrics include a P/E ratio of 42.00 and a dividend yield of 1.21%.

Overview: <BR>Shanthi Gears Ltd. is a gear manufacturing company operating in the Industrial Manufacturing sector and classified as a Small Cap entity.<BR><BR>History: <BR>Shanthi Gears Ltd. was promoted in 1969 as a partnership concern and was converted into a Private Limited Company in July 1972. It later became a Public Limited Company in March 1986. The latest reported quarterly results indicate net sales and profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 135 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 16 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 3,388 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 42.00 <BR>Industry P/E: 36 <BR>Dividend Yield: 1.21% <BR>Debt Equity: -0.32 <BR>Return on Equity: 18.23% <BR>Price to Book: 7.67<BR><BR>Contact Details: <BR>Address: 304-A Trichy Road, Singanallur Coimbatore Tamil Nadu : 641005 <BR>Tel: 91-0422-2273722-34 <BR>Email: cs@shanthigears.com <BR>Website: http://www.shanthigears.com

View full answer

Has Shanthi Gears Ltd. declared dividend?

23-Jan-2026

Yes, Shanthi Gears Ltd. has declared a dividend of 300%, with an ex-date of January 29, 2026. The company has shown varying total returns over different periods, with significant long-term growth.

Shanthi Gears Ltd. has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 300%<BR>- Ex-date: 29 Jan 26<BR><BR>Dividend Yield: 1.12%<BR><BR>Total Returns by Period:<BR>In the 3 Months period, the price return was -14.19%, the dividend return was 0.59%, resulting in a total return of -13.6%.<BR><BR>In the 6 Months period, the price return was -21.9%, the dividend return was 0.53%, leading to a total return of -21.37%.<BR><BR>In the 1 Year period, the price return was -1.92%, the dividend return was 1.93%, culminating in a total return of 0.01%.<BR><BR>In the 2 Years period, the price return was -19.48%, the dividend return was 2.44%, resulting in a total return of -17.04%.<BR><BR>In the 3 Years period, the price return was 30.43%, the dividend return was 4.46%, leading to a total return of 34.89%.<BR><BR>In the 4 Years period, the price return was 178.46%, the dividend return was 11.36%, culminating in a total return of 189.82%.<BR><BR>In the 5 Years period, the price return was 271.7%, the dividend return was 17.66%, resulting in a total return of 289.36%.<BR><BR>Overall, Shanthi Gears Ltd. has declared a significant dividend and has shown varying total returns across different periods, with a notable increase in returns over the longer term. The recent dividend declaration and the positive long-term performance may be encouraging for investors.

View full answer

When is the next results date for Shanthi Gears Ltd.?

13-Jan-2026

The next results date for Shanthi Gears Ltd. is January 22, 2026.

The next results date for Shanthi Gears Ltd. is scheduled for January 22, 2026.

View full answer

Is Shanthi Gears technically bullish or bearish?

03-Dec-2025

As of December 2, 2025, Shanthi Gears is in a bearish trend with moderate strength, indicated by bearish signals from the MACD, KST, Bollinger Bands, and moving averages, alongside a lack of momentum in the RSI and negative returns compared to the Sensex.

As of 2 December 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for Shanthi Gears is bearish with a moderate strength. Key indicators driving this stance include the weekly MACD and KST both showing bearish signals, along with bearish readings from the Bollinger Bands and daily moving averages. The RSI shows no signal on both weekly and monthly time frames, indicating a lack of momentum. Overall, the absence of a clear trend in Dow Theory and the negative stock returns compared to the Sensex further support the bearish outlook.

View full answer

How has been the historical performance of Shanthi Gears?

03-Nov-2025

Shanthi Gears has shown consistent growth, with net sales increasing from 215.53 Cr in Mar'21 to 604.62 Cr in Mar'25, and profit after tax rising from 20.17 Cr to 96.03 Cr in the same period, reflecting strong operational efficiency and enhanced shareholder value. Total assets grew from 278.90 Cr to 499.06 Cr, indicating balanced growth.

Answer:<BR>The historical performance of Shanthi Gears shows a consistent growth trajectory in net sales and profitability over the years.<BR><BR>Breakdown:<BR>Shanthi Gears has demonstrated significant growth in net sales, increasing from 215.53 Cr in Mar'21 to 604.62 Cr in Mar'25. This upward trend reflects a steady rise in total operating income, which also rose from 242.29 Cr in Mar'20 to 604.62 Cr in Mar'25. The company's total expenditure has similarly increased, from 188.88 Cr in Mar'21 to 475.89 Cr in Mar'25, yet the operating profit (PBDIT) has improved markedly, reaching 143.39 Cr in Mar'25 compared to 34.93 Cr in Mar'21. Profit before tax has also seen a substantial increase, from 26.07 Cr in Mar'21 to 130.09 Cr in Mar'25, leading to a profit after tax of 96.03 Cr in Mar'25, up from 20.17 Cr in Mar'21. The earnings per share have risen from 2.63 in Mar'21 to 12.52 in Mar'25, indicating enhanced shareholder value. On the balance sheet, total assets grew from 278.90 Cr in Mar'20 to 499.06 Cr in Mar'25, while total liabilities increased from 322.95 Cr to 499.06 Cr during the same period, reflecting a balanced growth in both assets and liabilities. Cash flow from operating activities has improved significantly, reaching 90.00 Cr in Mar'25, compared to 30.00 Cr in Mar'21, showcasing the company's strong operational efficiency.

View full answer

Who are the top shareholders of the Shanthi Gears?

17-Jul-2025

The top shareholder of Shanthi Gears is Tube Investments Of India Limited, holding 70.46%. Other significant shareholders include Pacific Assets Trust Plc at 2.9%, individual investors with 20.68%, and foreign institutional investors holding 3.26%.

The top shareholders of Shanthi Gears include the promoters, with Tube Investments Of India Limited holding the largest share at 70.46%. In terms of public shareholders, Pacific Assets Trust Plc is the highest with a holding of 2.9%. Additionally, individual investors collectively hold 20.68% of the company's shares. The company also has 6 mutual fund schemes holding a small portion of 0.2%, and 36 foreign institutional investors (FIIs) holding 3.26%.

View full answer

Is Shanthi Gears overvalued or undervalued?

09-Jun-2025

As of December 22, 2021, Shanthi Gears is considered very expensive and overvalued with a PE ratio of 40.34, significantly higher than its peers, indicating caution for potential investors despite a recent strong performance.

As of 22 December 2021, the valuation grade for Shanthi Gears has moved from expensive to very expensive, indicating a significant shift in its perceived value. The company is currently considered overvalued. Key ratios include a PE ratio of 40.34, an EV to EBITDA of 29.05, and a Price to Book Value of 9.61, all of which suggest that the stock is trading at a premium compared to its earnings and assets.<BR><BR>In comparison to its peers, Shanthi Gears' PE ratio is notably higher than Samvardhana Motherson, which has a PE of 29.14 and is rated as attractive. Additionally, Bosch, classified as expensive, has a PE of 46.21. The substantial difference in these ratios highlights Shanthi Gears' overvaluation in the current market context. Despite a strong recent performance, with a 1-week return of 5.68% compared to the Sensex's 1.40%, the overall valuation metrics suggest caution for potential investors.

View full answer
iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Dashboard

1

Poor long term growth as Net Sales has grown by an annual rate of 14.17% and Operating profit at 16.23% over the last 5 years

 
2

With a fall in Net Sales of -14.52%, the company declared Very Negative results in Jun 26

3

With ROE of 15.3, it has a Very Expensive valuation with a 7 Price to Book Value

4

Despite the size of the company, domestic mutual funds hold only 0.03% of the company

5

Consistent Underperformance against the benchmark over the last 3 years

stock-summaryMojo Parameters

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

stock-summary
Industry

Industrial Manufacturing

stock-summary
Market cap

INR 3,143 Cr (Small Cap)

stock-summary
P/E

46.00

stock-summary
Industry P/E

38

stock-summary
Dividend Yield

1.31%

stock-summary
Debt Equity

-0.32

stock-summary
Return on Equity

15.31%

stock-summary
Price to Book

7.10

Revenue and Profits:
Net Sales:
115 Cr
(Quarterly Results - Jun 2026)
Net Profit:
10 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (1.31%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-12.37%
0.44%
-11.93%
6 Months
-11.35%
0.44%
-10.91%
1 Year
-25.63%
0.91%
-24.72%
2 Years
-32.93%
1.71%
-31.22%
3 Years
-10.68%
3.29%
-7.39%
4 Years
66.14%
7.32%
73.46%
5 Years
114.86%
12.59%
127.45%

Latest dividend: 2 per share ex-dividend date: Jul-17-2026

Risk Adjusted Returns v/s stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions

News

Shanthi Gears Ltd. Declines 1.77% Amid Earnings Pressure and 52-Week Low

Announcements stock-summary

Shareholder Meeting / Postal Ballot-Scrutinizers Report

30-Jul-2026 | Source : BSE

Scrutinizer Report of the 53rd Annual General Meeting held on Wednesday 29th July 2026

Newspaper Advertisement Of Unaudited Financial Results Published On 30Th July 2026

30-Jul-2026 | Source : BSE

Newspaper Advertisement of Unaudited Financial Results Published on 30th July 2026

Shareholder Meeting / Postal Ballot-Outcome of AGM

29-Jul-2026 | Source : BSE

Proceedings of the 53rd Annual General Meeting held on Wednesday the 29th July 2026 at 04.30 PM

Corporate Actions stock-summary

stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

Shanthi Gears Ltd. has declared 200% dividend, ex-date: 17 Jul 26

stock-summary
SPLITS

No Splits history available

stock-summary
BONUS

No Bonus history available

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors

Quality key factors stock-summary

Factor
Value
Sales Growth (5y)
14.17%
EBIT Growth (5y)
16.23%
EBIT to Interest (avg)
84.24
Debt to EBITDA (avg)
Net Debt is too low
Net Debt to Equity (avg)
-0.32
Sales to Capital Employed (avg)
1.39
Tax Ratio
26.01%
Dividend Payout Ratio
39.94%
Pledged Shares
0
Institutional Holding
3.36%
ROCE (avg)
33.88%
ROE (avg)
20.88%

Valuation key factors

Factor
Value
P/E Ratio
46
Industry P/E
38
Price to Book Value
7.04
EV to EBIT
41.60
EV to EBITDA
33.40
EV to Capital Employed
9.88
EV to Sales
5.93
PEG Ratio
NA
Dividend Yield
1.32%
ROCE (Latest)
29.33%
ROE (Latest)
15.31%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
Bullish
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
No Trend
No Trend
OBV
No Trend
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Jun 2026stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 5 Schemes (0.01%)

FIIs

Held by 30 FIIs (3.13%)

Promoter with highest holding

Tube Investments Of India Limited (70.46%)

Highest Public shareholder

Pacific Assets Trust Plc (2.9%)

Individual Investors Holdings

21.11%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Jun'26 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Jun 2026 is -14.52% vs 15.65% in Mar 2026",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Jun 2026 is -39.46% vs 0.49% in Mar 2026",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Jun'26",
        "Mar'26",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "115.49",
          "val2": "135.10",
          "chgp": "-14.52%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "15.18",
          "val2": "23.89",
          "chgp": "-36.46%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.11",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "-3.22",
          "chgp": "100.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "9.85",
          "val2": "16.27",
          "chgp": "-39.46%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "13.14%",
          "val2": "17.68%",
          "chgp": "-4.54%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2025 is -9.22% vs 14.42% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2025 is -6.53% vs 20.82% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'25",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "266.80",
          "val2": "293.90",
          "chgp": "-9.22%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "57.03",
          "val2": "62.81",
          "chgp": "-9.20%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "44.20",
          "val2": "47.29",
          "chgp": "-6.53%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "21.38%",
          "val2": "21.37%",
          "chgp": "0.01%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2025 is -15.02% vs 18.04% in Dec 2024",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2025 is -17.91% vs 30.05% in Dec 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'25",
        "Dec'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "383.62",
          "val2": "451.41",
          "chgp": "-15.02%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "80.02",
          "val2": "97.76",
          "chgp": "-18.15%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "-1.56",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "60.39",
          "val2": "73.57",
          "chgp": "-17.91%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "20.86%",
          "val2": "21.66%",
          "chgp": "-0.80%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'26",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2026 is -14.21% vs 12.79% in Mar 2025",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2026 is -20.17% vs 16.75% in Mar 2025",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'26",
        "Mar'25",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "518.72",
          "val2": "604.62",
          "chgp": "-14.21%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "103.91",
          "val2": "128.73",
          "chgp": "-19.28%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "-4.78",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "76.66",
          "val2": "96.03",
          "chgp": "-20.17%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "20.03%",
          "val2": "21.29%",
          "chgp": "-1.26%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]

Quarterly Results Snapshot (Standalone) - Jun'26 - QoQstock-summary

Jun'26
Mar'26
Change(%)
Net Sales
115.49
135.10
-14.52%
Operating Profit (PBDIT) excl Other Income
15.18
23.89
-36.46%
Interest
0.11
0.00
Exceptional Items
0.00
-3.22
100.00%
Standalone Net Profit
9.85
16.27
-39.46%
Operating Profit Margin (Excl OI)
13.14%
17.68%
-4.54%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Jun 2026 is -14.52% vs 15.65% in Mar 2026

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Jun 2026 is -39.46% vs 0.49% in Mar 2026

Half Yearly Results Snapshot (Standalone) - Sep'25stock-summary

Sep'25
Sep'24
Change(%)
Net Sales
266.80
293.90
-9.22%
Operating Profit (PBDIT) excl Other Income
57.03
62.81
-9.20%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Standalone Net Profit
44.20
47.29
-6.53%
Operating Profit Margin (Excl OI)
21.38%
21.37%
0.01%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2025 is -9.22% vs 14.42% in Sep 2024

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2025 is -6.53% vs 20.82% in Sep 2024

Nine Monthly Results Snapshot (Standalone) - Dec'25stock-summary

Dec'25
Dec'24
Change(%)
Net Sales
383.62
451.41
-15.02%
Operating Profit (PBDIT) excl Other Income
80.02
97.76
-18.15%
Interest
0.00
0.00
Exceptional Items
-1.56
0.00
Standalone Net Profit
60.39
73.57
-17.91%
Operating Profit Margin (Excl OI)
20.86%
21.66%
-0.80%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2025 is -15.02% vs 18.04% in Dec 2024

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2025 is -17.91% vs 30.05% in Dec 2024

Annual Results Snapshot (Standalone) - Mar'26stock-summary

Mar'26
Mar'25
Change(%)
Net Sales
518.72
604.62
-14.21%
Operating Profit (PBDIT) excl Other Income
103.91
128.73
-19.28%
Interest
0.00
0.00
Exceptional Items
-4.78
0.00
Standalone Net Profit
76.66
96.03
-20.17%
Operating Profit Margin (Excl OI)
20.03%
21.29%
-1.26%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2026 is -14.21% vs 12.79% in Mar 2025

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2026 is -20.17% vs 16.75% in Mar 2025

stock-summaryCompany CV
About Shanthi Gears Ltd. stock-summary
stock-summary
Shanthi Gears Ltd.
Small Cap
Industrial Manufacturing
Shanthi Gears Ltd (SGL), the Coimbatore based gear manufacturing company was promoted by P Subramanian, an entrepreneurial engineer in 1969 as a partnership concern. In July 1972, the partnership firm was converted into a Private Limited Company and later in March 1986 it became a Public Limited Company. The Company is in the business of design, manufacture, supply and servicing of gears and gear boxes.
Company Coordinates stock-summary
Company Details
304-A Trichy Road, Singanallur Coimbatore Tamil Nadu : 641005
stock-summary
Tel: 91-0422-2273722-34
stock-summary
cs@shanthigears.com
Registrar Details
SKDC Consultants Ltd , Kanapathy Towers, 3rd Floor, Ganapathy, Coimbatore