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Shanthi Gears Ltd share Price Today

Company details

6M Return 12.97%
1Y Return 31.97%
Mkt Cap.(Cr) 3,822.76
Volume 35,802
Div Yield 1.00%
OI Chg %
Volume 35,802

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Auto Parts & Equipments company Shanthi Gears announced Q2FY24 results:

  • Revenue of Rs 135.4 crore in Q2FY24 with a 25% growth over Q2FY23.
  • The Profit before tax for Q2FY24 was up by 32% at Rs 29.7 crore as against Rs 22.5 crore in Q2FY23.
  • Focus on cost optimisation and lower Invested Capital enabled improvement in Return on Invested Capital (ROIC) to 72% during Q2FY24.
  • The Company generated Free Cash Flow (FCF) of Rs 19.1 crore during Q2FY24 as against Rs 11.2 crore during Q2FY23. FCF to PAT is 91% in Q2FY24.
  • During Q2FY24, the Company booked orders for Rs 149 crore with a 43% growth over Q2FY23.



Result PDF

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Operating Profit
Profit after Tax
Reserves and Surplus
Operating Profit
Profit after Tax

Shanthi Gears Ltd Stocks COMPARISION


Equity Capital: 302.35 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 16,520.16 27,959.84
LAST 3M 53,623.33 7,912.60
LAST 6M 94,188.00 82,000.34
LAST 12M 161,805.53 123,740.85

Shanthi Gears Ltd Information

Stock PE (TTM)
Promoter Holding
Book Value
  • 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.

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

SKDC Consultants Ltd

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

FAQ’s on Shanthi Gears Ltd Shares

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 Dec 04, 2023 03:53 PM the closing price of Shanthi Gears Ltd was ₹ 498.30.

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 Dec 04, 2023 03:53 PM, the market cap of Shanthi Gears Ltd stood at ₹ 3,822.76.

The latest PE ratio of Shanthi Gears Ltd as of Dec 04, 2023 03:53 PM is 50.22

The latest PB ratio of Shanthi Gears Ltd as of Dec 04, 2023 03:53 PM is 0.09

The 52-week high of Shanthi Gears Ltd is ₹ 544.80 while the 52-week low is ₹ 294.45

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