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Shanthi Gears LimitedSHANTIGEARCorporate

Engineering Latest results: Jun 2026 14 quarters of data
Consolidated Standalone
₹542.05
MCap ₹4,160 Cr · P/E 65.5
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AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹115 Cr
Sales · Jun 2026
-14.4% YoY
₹15 Cr
Operating Profit · Jun 2026
-50.2% YoY
13.1%
OPM % · Jun 2026
-42.0% YoY
₹10 Cr
Net Profit · Jun 2026
-56.6% YoY
₹1.28
EPS · Jun 2026
-56.8% YoY

📝 Shanthi Gears Limited — results explained

Quarter ended June 2026 (Q1 FY27)

Shanthi Gears Limited reported revenue of ₹115 crore for the quarter ended June 2026 (Q1 FY27), down 14.4% from ₹135 crore in the same quarter last year, and down 14.5% sequentially over the March 2026 quarter.

Net profit fell 56.6% year-on-year to ₹10 crore, from ₹23 crore. Earnings per share (EPS) came in at ₹1.28.

Operating profit stood at ₹15 crore — an operating margin (OPM) of 13.1%, compared with 22.6% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Shanthi Gears Limited posted revenue of ₹519 crore, a decline of 14.3% over FY25, with a net profit of ₹76 crore (down 20.2% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹499 crore with a net profit of ₹64 crore.

Valuation snapshot

At the current price of ₹542.05, SHANTIGEAR has a market capitalisation of ₹4,160 crore and a trailing P/E of about 65.5.

Within the Engineering industry, it is the 13th-largest of the 57 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 73.16%, foreign institutional investors (FIIs) 0.18%, domestic institutional investors (DIIs) 0.23%, public shareholders 26.43% of Shanthi Gears Limited.

Promoter holding rose from 70.47% to 73.16% over the latest period.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹4,160 Cr
Current Price ?
₹542.0
P/E ?
65.46above ind
Industry P/E ?
35.10
P/B ?
9.45
P/S ?
8.33
P/FCF ?
244.69
Enterprise Value ?
₹4,160 Cr
EV/EBITDA ?
46.90
PEG ?
10.91
Earnings Yield ?
1.7%
Dividend Yield ?
0.93%
Profitability & Returns
Sales (TTM) ?
₹499 Cr
OPM ?
17.8%
Profit after tax (TTM) ?
₹64 Cr
EPS (TTM) ?
₹8.28
ROCE ?
26.0%
ROE ?
14.4%
ROA ?
11.4%
Growth
Sales — latest qtr ?
₹115 Cr
PAT — latest qtr ?
₹10 Cr
YoY qtr sales growth ?
-14.4%
YoY qtr profit growth ?
-56.6%
Sales growth (3y) ?
5%
Sales growth (5y) ?
19%
Profit growth (3y) ?
6%
Profit growth (5y) ?
32%
Financial Health
Debt ?
₹0 Cr
Debt to Equity ?
0.00
Interest Coverage ?
N/A
Current Ratio ?
N/A
Ownership
Promoter holding ?
73.16%
Change in promoter holding ?
2.69%
Pledged percentage ?
N/A
Market
Return 3 months ?
28.0%
Return 6 months ?
14.8%

🗓️ Quarterly results (14 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best
Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 YoY % QoQ %
Sales 123121135126154139155158153135132117135115 -14.4% -14.5%
Operating Profit 2723292327293435313127232415 -50.2% -36.8%
Other Income 344410334446434 +10.3% +38.7%
Interest 00000000000000 — —
Depreciation 33334333444455 +38.3% +1.2%
Profit Before Tax 2724302432293435313129222214 -53.7% -35.6%
Net Profit 1918211726222626222322161610 -56.6% -38.4%
EPS 2.542.362.742.273.352.823.343.432.932.962.802.112.121.28 -56.8% -39.6%
OPM % 22.0% 19.0% 21.5% 18.3% 17.5% 20.6% 22.0% 22.2% 20.2% 22.6% 20.1% 19.7% 17.8% 13.1% -42.0% -26.4%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹605 Cr ₹519 Cr ₹499 Cr -14.3%
Operating Profit ₹129 Cr ₹104 Cr ₹89 Cr -19.2%
OPM % 21.28% 20.06% 17.77% -5.7%
NPM % 15.82% 14.73% 12.73% -6.9%
Other Income ₹15 Cr ₹17 Cr ₹17 Cr +13.6%
Depreciation ₹13 Cr ₹16 Cr ₹18 Cr +26.8%
Interest ₹0 Cr ₹0 Cr ₹0 Cr —
EBIT ₹116 Cr ₹88 Cr ₹71 Cr -24.4%
PBT ₹130 Cr ₹103 Cr ₹86 Cr -20.6%
Tax ₹25 Cr ₹20 Cr ₹17 Cr -17.7%
Net Profit ₹96 Cr ₹76 Cr ₹64 Cr -20.2%
EPS ₹12.52 ₹9.99 ₹8.31 -20.2%
Material Cost ₹221 Cr ₹183 Cr ₹192 Cr -17.0%
Employee Cost ₹61 Cr ₹60 Cr ₹61 Cr -0.5%
Extraordinary Items — ₹2 Cr ₹2 Cr —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 8888 +0.0%
Reserves 295338395432 +9.4%
Borrowings 0000 —
Other Liabilities 7597101116 +14.9%
Total Liabilities 377443504556 +10.3%
Fixed Assets 707279106 +34.2%
CWIP 24526 +420.0%
Investments 57458875 -14.8%
Other Assets 248321332348 +4.8%
Total Assets 377443504556 +10.3%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 63369170 -23.1%
Cash from Investing Activity -26-12-38-45 -18.4%
Cash from Financing Activity -23-39-38-38 +0.0%
Net Cash Flow 14-1414-14 -200.0%
Free Cash Flow 48186717 -74.6%
CFO/OP 94%61%96%96% +0.0%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 56808381 -2.4%
Inventory Days 113121103168 +63.1%
Days Payable 737980108 +35.0%
Cash Conversion Cycle 96123106142 +34.0%
Working Capital Days 5613588153 +73.9%
ROCE % 32%33%35%26% -25.7%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Sep 2026 % Chg
Promoters 70.47%70.47%70.47%70.47%73.16% +3.8%
FIIs 3.26%3.22%3.16%3.13%0.18% -94.2%
DIIs 0.48%0.28%0.23%0.23%0.23% +0.0%
Public 25.78%26.03%26.14%26.16%26.43% +1.0%
No. of Shareholders 29,01029,46130,01328,91328,374 -1.9%

⚖️ Peer comparison

Industry: Engineering · top 25 of 57 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 MTARTECH Mtar Technologies ₹7,039.50 21,653 161.6 1,080 134 21.1% 12.4% 29.7% 77.1% 130.4% 364.5%
2 AZAD Azad Engineering ₹2,808.60 18,138 130.7 639 139 37.6% 21.8% 31.9% 54.2% 25.9% 19.5%
3 ACE Action Construction ₹1,131.00 13,462 30.8 3,414 437 15.5% 12.8% -1.4% 1.5% 20.5% 22.3%
4 LLOYDSENGG LLOYDS ENGINEERING ₹81.61 12,646 80.5 1,234 144 14.0% 11.7% 39.4% 18.7% 104.0% 146.6%
5 TITAGARH TITAGARH RAIL ₹837.75 11,282 58.9 3,271 192 11.1% 5.9% -17.6% -38.1% 12.6% 69.9%
6 KRN KRN Heat ₹1,414.00 9,256 91.2 737 97 19.5% 13.2% 39.7% 44.6% 118.9% 164.8%
7 ELECON Elecon Engineering ₹407.35 9,141 37.3 2,457 245 21.3% 10.0% 6.2% -17.8% 10.5% 9.8%
8 DYNAMATECH Dynamatic Technologies ₹12,004.00 8,152 187.5 1,675 43 11.9% 2.6% 15.6% -23.8% 14.5% 93.0%
9 SKIPPER Skipper ₹534.55 6,530 26.9 5,609 225 10.4% 4.0% 20.1% 42.7% 4.5% 25.5%
10 GMMPFAUDLR GMM Pfaudler ₹1,335.00 6,002 82.3 3,655 68 10.8% 1.8% 10.2% 4.5% 16.4% 117.7%
11 PRAJIND Praj Industries ₹309.00 5,680 188.4 3,244 31 4.8% 1.0% -1.8% -88.9% 11.8% 124.7%
12 TEXRAIL Texmaco Rail ₹109.88 4,471 20.7 4,223 214 8.7% 5.1% -10.9% -14.1% -16.9% 70.7%
13 SHANTIGEAR Shanthi Gears ₹552.20 4,238 66.5 499 64 17.8% 12.7% -14.3% -20.2% -14.4% -56.6%
14 PITTIENG Pitti Engineering ₹1,122.80 4,145 33.8 1,818 125 18.0% 6.9% 7.2% -3.9% 15.8% 28.3%
15 JASH Jash Engineering ₹586.00 3,686 39.2 708 94 17.2% 13.3% 0.3% -12.6% -23.0% 367.7%
16 UNIPARTS Uniparts India ₹776.85 3,505 19.4 1,244 180 22.3% 14.5% 21.5% 79.5% 26.9% 64.3%
17 ANUP Anup Engineering ₹1,641.20 3,288 39.5 739 83 18.7% 11.2% 11.6% -8.2% -30.4% -95.7%
18 HLEGLAS HLE Glascoat ₹469.20 3,259 59.1 1,370 41 9.0% 3.0% 31.7% -8.4% 5.9% -88.5%
19 WINDMACHIN Windsor Machines ₹296.90 3,072 375.8 606 7 4.9% 1.1% 54.7% 10.0% 31.4% 91.4%
20 KABRAEXTRU Kabra Extrusion ₹676.00 2,364 n/m 576 4 4.9% 0.7% -5.4% -116.7% 64.2% 1102.8%
21 THEJO Thejo Engineering ₹2,173.40 2,358 40.5 674 55 13.2% 8.1% 14.3% -5.8% 31.0% 56.1%
22 HMT HMT ₹64.38 2,289 — 147 -132 -76.8% -89.8% 0.3% 8.3% 16.0% -3.6%
23 JNKINDIA JNK India ₹407.00 2,277 34.8 818 65 11.2% 8.0% 71.6% 114.6% 77.0% 149.3%
24 TIL TIL ₹250.25 2,063 — 377 -30 4.8% -7.9% 2.5% -1175.9% 86.2% 12.4%
25 MACPOWER Macpower CNC ₹1,984.00 1,985 51.0 367 39 16.7% 10.6% 27.3% 32.8% 56.1% 110.3%
❓ Frequently asked questions
What was Shanthi Gears Limited's revenue in Q1 FY27?
Shanthi Gears Limited reported revenue of ₹115 crore for the quarter ended June 2026 (Q1 FY27), down 14.4% from ₹135 crore in the same quarter last year, and down 14.5% sequentially over the March 2026 quarter.
What was Shanthi Gears Limited's net profit in Q1 FY27?
Net profit fell 56.6% year-on-year to ₹10 crore, from ₹23 crore. Earnings per share (EPS) came in at ₹1.28.
What is SHANTIGEAR's market capitalisation and P/E ratio?
At the current price of ₹542.05, SHANTIGEAR has a market capitalisation of ₹4,160 crore and a trailing P/E of about 65.5.
Who owns Shanthi Gears Limited? (shareholding pattern)
As of Sep 2026, promoters held 73.16%, foreign institutional investors (FIIs) 0.18%, domestic institutional investors (DIIs) 0.23%, public shareholders 26.43% of Shanthi Gears Limited.
TTM ends 2026-06-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI