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Company details

317.50
328.35
140.00
349.05
6M Return 70.21%
1Y Return 88.86%
Mkt Cap.(Cr) 2,439.19
Volume 15,199
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 15,199

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Rapid Results

Q1FY23 Quarterly Result Announced for Shanthi Gears Ltd.

Auto Parts & Equipment firm Shanthi Gears Announced Q1FY23 Result :

  • Shanthi Gears Net Profit Up by 57%
  • Revenue of Rs 99 Crs in the quarter with a growth of 48% over Q1 of previous year.
  • The Profit before tax for the quarter up by 54% at Rs 17.7 Crores as against Rs 11.5 Crores in Q1 of previous year. The Profit before tax % to Sales was 18% for Q1.
  • Focus on cost optimisation and lower capital employed enabled to sustain healthy Return on average Invested Capital (ROIC) to 45% during Q1
  • The Company generated Free Cash Flow of Rs 17.5 Crores during Q1. Free Cash Flow to PAT is 130% in Q1.
  • During the quarterthe Company booked orders for Rs 105 Crores(against Rs 84 Crores for corresponding quarter of the previous year) and Pending order book as on 30th June 2022 was Rs 274 Crores (against Rs 235 Crores in corresponding quarter of the previous year).

 

Result PDF

Financials

  • Profit and loss statement

  • Balance sheet

  • Quarterly Result

  • Ratio

Sales(Cr.)

Operating Profit(Cr.)

Profit after Tax(Cr.)

Equity

Reserves and Surplus

Debt

Sales

Operating Profit

Profit after tax

PE

Debt/Equity

P BV

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 259.96 Cr FV: 1.00
Period MF Net Purchase / (sold) FII Net
LAST 1M 7,209.51 3,450.07
LAST 3M 8,638.44 51,120.10
LAST 6M 84,196.20 -58,438.16
LAST 12M 204,915.33 -198,833.91
  • Announcement
  • Corporate action
  • No Data Found

Date Action Type Ratio
Feb 14, 2022 Dividend 250
Feb 22, 2021 Dividend 150
Mar 11, 2020 Dividend 200

Information

  • About Company
  • Company Info
  • Listing Info
52.2
70.47%
33.8863
23.57%
17.09%
Description
  • Shanthi Gears(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. Shanthi gears, which was just the maker of gears for textile machinery when it was started is now producing gears for industries as wide as process, power steel, cement, sugar and aviation. The product range extends from gears for simple applications such as hand-driven jacks to high-tech gears for supersonic jet aircraft. The company opened its first factory in 1972 and a decade later it expanded the product range by start manufacturing worm gearboxes. In the mid-80`s, SGL took the next step and began manufacturing helical and bevel helical gears. The company has also start producing geared motors simultaneously in this period. In 1986, it has completed the project of putting up its own foundry. The foundry caters to the needs of grey iron and spheroid graphite castings, as well as non-ferrous ones such as phosphor bronze, aluminium etc. As a part of backward integration, a forging plant was also commissioned simultaneously. The company is getting 50% of its business from executing special orders i.e custom made gears. In Mar.`92, SGL came out with a rights issue to part-finance the expansion-cum-modernisation of its plants. Apart from this, the company made a preferential issue of 3.4 lac equity shares (premium : Rs 160) to banks and mutual funds in Sep.`94. Shanthi gears has a wholly-owned subsidiary `Shanthi Sales`, which looks after its entire marketing. During the 2004-05, Shanthi Sales Ltd ceased to be the subsidiary company consequent to the divestment of entire shares held by the company. The group companies of Shanthi gears are Shanthi Clothsline, a woven and Knitted garment manufacturing company; Shanthi Constructions, a infrastructure construction company; Shanthi Precision Industries Ltd (SPL), (Formerly Loyal Engineering - takeover by Shanthi group in 1998) and SPL was merged with the company with effect from 1st July 2003 in the exchange ratio of 1:5. In August 2004 the company sub-divided its equity share face value from Rs.10/- to Re.1/-. Further the company has issued bonus equity shares for its shareholders in the ratio of 1:1. In 2006, The company have state-of-the-art production machines/quality Control Facilities worth Rs.44.19 Crores have been added during the FY 2005-2006 along with our existing battery of Machines. Further, orders for Machineries worth Rs.37.47 Crores are yet to be executed by the respective suppliers.

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Registered Address

304-A Trichy Road, Singanallur, Coimbatore, Tamil Nadu, 641005

Tel : 91-0422-2273722-34
Email : cs:shanthigears.com
Website : http://www.shanthigears.com

Registrar

SKDC Consultants Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 522034
NSE Code : SHANTIGEAR
Book Closure Date (Month) : Jul
BSE Group : B
ISIN : INE631A01022

ICICIdirect Shanthi Gears Ltd FAQ

You can buy Shanthi Gears Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Shanthi Gears Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Sep 28, 2022 02:02 PM the closing price of Shanthi Gears Ltd was ₹ 317.95.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Sep 28, 2022 02:02 PM, the market cap of Shanthi Gears Ltd stood at ₹ 2,439.19.
The latest PE ratio of Shanthi Gears Ltd as of Sep 28, 2022 02:02 PM is 52.2
The latest PB ratio of Shanthi Gears Ltd as of Sep 28, 2022 02:02 PM is 0.11
The 52-week high of Shanthi Gears Ltd is ₹ 349.05 while the 52-week low is ₹ 140.00 .

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