Shanthi Gears Ltd (SHANTIGEAR)
₹469.10
Mkt cap
₹3,599 Cr
P/E ratio
58.50
P/B
8.01
Div yield
1.07%
ROE
19.00%
ROCE
25.60%
EPS (TTM)
₹8.02
Book value
₹59
52W range
384–743
Sector
Industrials
Price history
Previous close
Shanthi Gears Ltd is in the business of design, manufacture, supply and servicing of gears and gear boxes. [1]
NSE SHANTIGEARBSE 522034
Health check
Mixed
ValuationExpensive
ProfitabilityStrong
GrowthModerate
TechnicalsNeutral
52-week range
−36.86% from high₹469
₹384+22.16% from low₹743
Current
₹469.10
Prev close
₹491.20
Day
−4.50%
Price performance
1D
−4.94%
1W
−3.47%
1M
−22.39%
3M
+13.49%
6M
−2.11%
1Y
−11.37%
YTD
+0.03%
Financials
Revenue, profit & margin
P/E ratio
58.5×
SHANTIGEAR is 81% above the sector median of 32.4×
SHANTIGEAR58.5×
Sector median32.4×
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 135 | 126 | 154 | 139 | 155 | 158 | 153 | 135 | 132 | 117 | 135 | 115 | 128 | |
| Expenses | 107 | 102 | 127 | 110 | 121 | 123 | 122 | 104 | 105 | 94 | 111 | 100 | 105 | |
| Operating Profit | 29 | 23 | 27 | 29 | 34 | 35 | 31 | 31 | 27 | 23 | 24 | 15 | 23 | |
| OPM % | 21% | 19% | 17% | 21% | 22% | 22% | 20% | 23% | 20% | 20% | 18% | 13% | 18% | |
| Other Income | 4 | 4 | 10 | 3 | 3 | 4 | 4 | 4 | 6 | 3 | 3 | 4 | 3 | |
| Interest | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | 0 | 0 | |
| Depreciation | 3 | 3 | 4 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 5 | 5 | 5 | |
| Profit before tax | 30 | 24 | 32 | 29 | 34 | 35 | 31 | 31 | 29 | 22 | 22 | 14 | 20 | |
| Tax % | 29% | 27% | 20% | 25% | 25% | 26% | 28% | 26% | 25% | 25% | 25% | 30% | 22% | |
| Net Profit | 21 | 17 | 26 | 22 | 26 | 26 | 22 | 23 | 22 | 16 | 16 | 10 | 16 | |
| EPS in Rs | 2.74 | 2.27 | 3.35 | 2.82 | 3.34 | 3.43 | 2.93 | 2.96 | 2.80 | 2.11 | 2.12 | 1.28 | 2.05 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
as of Sep 202673.16%Promoter
Promoters73.16%2.69
FIIs0.18%2.95
DIIs0.24%
Public26.42%0.26
Ownership trend
Peers
8 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Indo-MIM | ₹1,171.60 | 89.74 | 57,933 | 0.00% | 240 | +31.64% | 1,219 | +9.39% | 24.98% |
| Aditya Infotech | ₹3,811.50 | 97.93 | 46,739 | 0.04% | 142 | +332.48% | 1,402 | +89.51% | 28.56% |
| Syrma SGS Tech. | ₹1,625.30 | 73.81 | 31,341 | 0.09% | 124 | +83.05% | 1,990 | +73.64% | 16.78% |
| Zetwerk Manufacturing | ₹163.04 | — | 27,623 | 0.00% | — | — | — | — | 4.05% |
| Honeywell Auto | ₹29,490.00 | 45.45 | 26,069 | 0.37% | 134 | +11.88% | 1,224 | +6.48% | 16.95% |
| Kaynes Tech | ₹3,131.00 | 60.60 | 21,047 | 0.00% | 56 | −24.37% | 946 | +40.47% | 12.69% |
| Jyoti CNC Auto. | ₹905.60 | 64.02 | 20,595 | 0.00% | 57 | −19.99% | 508 | +23.97% | 21.32% |
| Shanthi Gears | ₹469.10 | 58.49 | 3,599 | 1.07% | 16 | −26.92% | 128 | −2.97% | 25.55% |
| Median: 134 Co. | ₹323.57 | 32.37 | 672 | 0.00% | 7 | +38.81% | 82 | +23.92% | 16.78% |
Filings
Annual reports15
Concall transcripts1
Credit ratings6
Announcements5
Newspaper Advertisement Of Unaudited Financial Results For The Quarter And Half Year Ended 30Th September, 2026 Published On 27Th October, 2026 27 Oct - Extract of unaudited Q2 and half-year results published in Dinamani and Business Line on 27 October 2026.Board Meeting Outcome for Board Meeting Outcome For Unaudited Standalone Financial Results For The Quarter And Half Year Ended 30Th September, 2026 26 Oct - Board approved Q2 FY27 results; revenue ₹127.98 crore, PBT ₹20.20 crore, order book ₹436 crore.Board Meeting Intimation for Considering And Approving The Unaudited Financial Results Of The Company For The Half Yearly Ended September 2026 14 Oct - Board meeting on 26 Oct 2026 to approve Q2 and half-year unaudited standalone results.Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 OctAnnouncement under Regulation 30 (LODR)-Credit Rating 3 Oct - ICRA reaffirmed Shanthi Gears' [ICRA]AA(Stable) long-term and [ICRA]A1+ short-term ratings for ₹39 crore limits.





