Shanthi Gears Ltd: Financial Statements & Historical Data

COMPANY FINANCIAL DATA

Reported figures at a glance

Stored figures, not live quotes. Price record: 9 October 2026, 9:30 pm +05:30. Financial reporting periods are shown in the tables below.

Stored share price562₹ per share

Reported P/E64.3Times

Book value per share57.4₹ per share

Reported ROCE25.6 %%

Data sources and reporting basis

Sources: Company data source. Check the company filings linked by the source for the reporting basis and exceptional items.

Different tables can have different reporting dates and accounting bases. Verify the company filings before comparing figures. Missing data is not treated as zero.

How Getaka handles sources, dates and corrections. Page revision dates describe the page, not the age of every financial figure.

Stored market and accounting figures

Price record: 9 October 2026, 9:30 pm +05:30. Not a live quote.

Measure	Stored figure
Market Cap	4,326 Cr.
Current Price	562
High / Low	743/384
Stock P/E	64.3
Book Value	57.4
Dividend Yield	0.89 %
ROCE	25.6 %
ROE	19.0 %
Face Value	1.00

Market cap is in ₹ crore; prices and per-share values are in ₹. P/E is a multiple; yield, ROCE and ROE are percentages. Book value is an accounting figure, not an estimate of the share's investment value.

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Shanthi Gears Ltd	4,326 Cr.	562	743/384	64.3	57.4	0.89 %	25.6 %	19.0 %	1.00
JTEKT India Ltd	3,104 Cr.	112	171/110	39.6	27.5	0.67 %	15.9 %	12.4 %	1.00
The Hi-Tech Gears Ltd	1,079 Cr.	573	897/516	54.6	278	0.70 %	6.90 %	4.13 %	10.0
Him Teknoforge Ltd	264 Cr.	256	300/177	19.0	236	0.31 %	9.45 %	5.55 %	2.00
Bharat Gears Ltd	159 Cr.	105	141/83.6	10.6	85.4	0.95 %	18.1 %	13.4 %	10.0
Industry Average	1,786.40 Cr	321.60		37.62	136.86	0.70%	15.19%	10.90%	4.80

All Competitor Stocks of Shanthi Gears Ltd

FINANCIALS

Quarterly performance

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Sales, expenses & profits

₹ crore

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Supporting financial tableAll reported figures · use a chart icon for peer comparison

Quarterly Chart Table

Metric	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	121.45	135.42	125.54	153.64	138.82	155.08	157.51	153.21	134.89	131.91	116.82	135.10	115.49
Expenses	98.35	106.69	102.19	127.03	110.17	120.92	122.56	122.24	104.38	105.39	93.83	111.21	100.31
Operating Profit	23.10	28.73	23.35	26.61	28.65	34.16	34.95	30.97	30.51	26.52	22.99	23.89	15.18
OPM %	19.02%	21.22%	18.60%	17.32%	20.64%	22.03%	22.19%	20.21%	22.62%	20.10%	19.68%	17.68%	13.14%
Other Income	3.99	3.94	3.61	9.52	3.39	3.37	3.89	4.01	3.77	5.94	2.51	2.63	4.16
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.11
Depreciation	2.97	3.01	3.01	4.22	3.09	3.23	3.41	3.57	3.66	3.78	3.91	4.71	5.06
Profit before tax	24.12	29.66	23.95	31.91	28.95	34.30	35.43	31.41	30.62	28.68	21.59	21.81	14.17
Tax %	24.88%	29.13%	27.22%	19.52%	25.18%	25.28%	25.83%	28.49%	25.90%	25.00%	25.01%	25.40%	30.49%
Net Profit	18.12	21.02	17.43	25.68	21.66	25.63	26.28	22.46	22.69	21.51	16.19	16.27	9.85
EPS in Rs	2.36	2.74	2.27	3.35	2.82	3.34	3.43	2.93	2.96	2.80	2.11	2.12	1.28

Last Updated: October 2, 2026, 9:27 pm

FINANCIALS

Annual performance

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Sales, expenses & profits

₹ crore

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Earnings per share

₹ per share

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Supporting financial tableAll reported figures · use a chart icon for peer comparison

Profit & Loss Chart Table

Last Updated: September 26, 2026, 9:14 pm

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	155	155	164	183	214	242	242	216	337	446	536	605	519	499
Expenses	113	136	134	147	177	200	208	189	277	355	434	475	414	411
Operating Profit	42	18	31	36	37	41	35	27	60	90	102	129	104	89
OPM %	27%	12%	19%	20%	17%	17%	14%	12%	18%	20%	19%	21%	20%	18%
Other Income	10	12	9	11	12	12	7	8	9	11	21	15	15	15
Interest	0	0	0	0	0	0	0	0	0	0	1	0	0	0
Depreciation	26	17	17	18	16	11	8	9	10	11	13	13	16	17
Profit before tax	26	13	23	28	33	42	33	26	59	90	110	130	103	86
Tax %	29%	29%	23%	21%	14%	21%	23%	23%	28%	26%	25%	26%	25%
Net Profit	18	9	18	23	29	33	25	20	42	67	82	96	77	64
EPS in Rs	2.25	1.14	2.17	2.75	3.50	4.08	3.28	2.63	5.54	8.74	10.72	12.52	9.99	8.31
Dividend Payout %	44%	44%	23%	27%	29%	147%	61%	57%	45%	57%	47%	40%	50%

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025	2025-2026
YoY Net Profit Growth (%)	-50.00%	100.00%	27.78%	26.09%	13.79%	-24.24%	-20.00%	110.00%	59.52%	22.39%	17.07%	-19.79%
Change in YoY Net Profit Growth (%)	0.00%	150.00%	-72.22%	-1.69%	-12.29%	-38.04%	4.24%	130.00%	-50.48%	-37.14%	-5.31%	-36.86%

Shanthi Gears Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 12 years from 2014-2015 to 2025-2026.

Growth

Compounded Sales Growth
10 Years:	15%
5 Years:	20%
3 Years:	22%
TTM:	9%

Compounded Profit Growth
10 Years:	27%
5 Years:	31%
3 Years:	31%
TTM:	13%

Stock Price CAGR
10 Years:	20%
5 Years:	39%
3 Years:	22%
1 Year:	-10%

Return on Equity
10 Years:	15%
5 Years:	21%
3 Years:	25%
Last Year:	26%

Last Updated: September 5, 2025, 1:26 pm

FINANCIALS

Balance sheet

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Reserves & borrowings

₹ crore

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Balance Sheet Data Table

Last Updated: October 2, 2026, 9:27 pm

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	8	8	8	8	8	8	8	8	8	8	8	8
Reserves	263	276	298	310	294	221	229	252	295	338	395	432
Borrowings	0	0	0	0	0	0	0	0	0	0	0	0
Other Liabilities	36	34	41	42	51	54	88	81	75	97	101	116
Total Liabilities	306	318	348	360	353	283	325	341	377	443	504	556
Fixed Assets	82	66	65	57	59	60	74	66	70	72	79	106
CWIP	4	0	1	0	0	6	0	3	2	4	5	26
Investments	16	63	70	114	124	79	47	50	57	45	88	75
Other Assets	205	189	212	189	170	138	205	221	248	321	332	348
Total Assets	306	318	348	360	353	283	325	341	377	443	504	556

FINANCIALS

Cash generation

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Operating & free cash flow

₹ crore

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Cash Flows

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	-6	46	14	42	27	56	31	35	63	36	91	70
Cash from Investing Activity +	10	-43	-13	-26	40	24	-18	-16	-26	-12	-38	-45
Cash from Financing Activity +	-5	-5	0	-17	-49	-98	-12	-19	-23	-39	-38	-38
Net Cash Flow	-1	-2	1	-1	18	-18	1	-1	14	-14	14	-14
Free Cash Flow	26	35	8	37	16	38	16	30	48	18	67	17
CFO/OP	7%	179%	55%	131%	90%	182%	131%	83%	94%	61%	96%	95%

Free cash flowAll reported figures · use a chart icon for peer comparison

Free Cash Flow Table

Free cash flow reported in the stored cash-flow statement (₹ Cr)
Period	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Free Cash Flow	26.00	35.00	8.00	37.00	16.00	38.00	16.00	30.00	48.00	18.00	67.00	17.00

This table and the chart use the Free Cash Flow row from the same stored cash-flow statement. Free cash flow generally measures operating cash flow after capital expenditure; check the source definition and reporting basis. It is not operating profit minus borrowings.

Financial efficiency feed. Source: www.screener.in. Check the source for the accounting basis. Values from separate feeds can differ, even for the same period; they are not interchangeable. Use each table’s period labels. Data methodology.

FINANCIALS

Financial & business efficiency

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Working capital

Days

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Returns on capital & equity

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Financial Efficiency Data Table

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	64	87	86	92	95	85	58	80	78	56	80	83
Inventory Days	335	371	403	397	238	237	192	275	141	113	121	103
Days Payable	132	134	129	132	96	105	95	193	97	73	79	80
Cash Conversion Cycle	267	325	359	357	237	218	154	163	122	96	123	106
Working Capital Days	135	180	308	317	230	135	104	87	69	56	135	88
ROCE %	10%	5%	8%	10%	10%	13%	12%	11%	24%	32%	33%	35%

FINANCIALS

Ownership trends

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Shareholding comparison

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Shareholder count

Shareholders

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Shareholding Pattern

Month	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	70.47%	70.47%	70.47%	70.47%	70.47%	70.47%	70.47%	70.47%	70.47%	70.47%	70.47%	70.47%
FIIs	3.61%	3.44%	3.49%	3.46%	3.29%	3.25%	3.23%	3.26%	3.22%	3.16%	3.13%	3.13%
DIIs	0.62%	0.58%	0.49%	0.51%	0.73%	0.73%	0.75%	0.48%	0.28%	0.23%	0.23%	0.23%
Public	25.30%	25.51%	25.54%	25.56%	25.50%	25.54%	25.55%	25.78%	26.03%	26.14%	26.16%	26.16%
No. of Shareholders	29,393	30,329	26,240	25,405	26,471	27,759	28,497	29,010	29,461	30,013	28,913	28,529

Mutual fund holdingsReported fund ownership · Expand table

Mutual Fund Holdings Data Table

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Bank of India Small Cap Fund	209,000	1.48	12.55	209,000	2025-04-22 15:56:53	0%
Motilal Oswal Nifty Microcap 250 Index Fund	25,068	0.24	1.51	25,068	2025-04-22 15:56:53	0%

Alternate ratio feed. Source: www.way2wealth.com. The accounting basis and ratio definitions require verification against the source. Values from separate feeds can differ, even for the same period; they are not interchangeable. Use each table’s period labels. Data methodology.

FINANCIALS

Ratios from the alternate data feed

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Profitability ratios

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Liquidity ratios

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Distributions & retention

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Valuation multiples

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Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	1.00	1.00	1.00	1.00	1.00
Basic EPS (Rs.)	12.52	10.72	8.74	5.54	2.63
Diluted EPS (Rs.)	12.52	10.72	8.74	5.54	2.63
Cash EPS (Rs.)	14.25	12.45	10.16	6.89	3.78
Book Value[Excl.RevalReserv]/Share (Rs.)	52.54	45.02	39.42	33.89	30.92
Book Value[Incl.RevalReserv]/Share (Rs.)	52.54	45.02	39.42	33.89	30.92
Dividend / Share (Rs.)	5.00	5.00	5.00	2.50	1.50
Revenue From Operations / Share (Rs.)	78.83	69.89	58.10	43.95	28.10
PBDIT / Share (Rs.)	18.69	16.02	13.18	9.01	4.55
PBIT / Share (Rs.)	16.96	14.29	11.76	7.66	3.40
PBT / Share (Rs.)	16.96	14.29	11.76	7.66	3.40
Net Profit / Share (Rs.)	12.52	10.72	8.74	5.54	2.63
PBDIT Margin (%)	23.71	22.91	22.67	20.50	16.20
PBIT Margin (%)	21.51	20.45	20.23	17.42	12.09
PBT Margin (%)	21.51	20.45	20.23	17.42	12.09
Net Profit Margin (%)	15.88	15.34	15.04	12.59	9.35
Return on Networth / Equity (%)	23.82	23.81	22.17	16.33	8.50
Return on Capital Employeed (%)	32.21	31.70	29.78	22.51	10.88
Return On Assets (%)	19.04	18.57	17.74	12.46	6.19
Asset Turnover Ratio (%)	1.28	1.31	1.24	1.01	0.70
Current Ratio (X)	3.80	3.38	3.60	2.99	2.48
Quick Ratio (X)	3.00	2.50	2.72	2.19	1.57
Inventory Turnover Ratio (X)	7.30	7.06	3.28	2.28	1.55
Dividend Payout Ratio (NP) (%)	39.94	46.67	34.31	45.16	57.06
Dividend Payout Ratio (CP) (%)	35.08	40.21	29.52	36.29	39.64
Earning Retention Ratio (%)	60.06	53.33	65.69	54.84	42.94
Cash Earning Retention Ratio (%)	64.92	59.79	70.48	63.71	60.36
Enterprise Value (Cr.)	3551.65	4241.65	2700.27	1315.92	917.83
EV / Net Operating Revenue (X)	5.87	7.91	6.06	3.90	4.26
EV / EBITDA (X)	24.77	34.53	26.72	19.04	26.28
MarketCap / Net Operating Revenue (X)	5.98	7.93	6.26	4.10	4.52
Retention Ratios (%)	60.05	53.32	65.68	54.83	42.93
Price / BV (X)	8.97	12.31	9.23	5.32	4.11
Price / Net Operating Revenue (X)	5.98	7.93	6.26	4.10	4.52
EarningsYield	0.02	0.01	0.02	0.03	0.02