SHANTIGEAR · NSE
Shanthi Gears Limited
₹700.05
+3.31% (+₹22.45)
Prev. close
₹677.6
Volume
90,105
Delivery %
37.6%
As of
18 Sept 2026
Price history
No analyst calls on this stock in the last 90 days yet.
Explore by date range →Analyst opinions
Fundamentals
About Shanthi Gears Limited
Shanthi Gears Limited designs, manufactures, supplies, and services gears and gear boxes in India, the United States, Europe, and internationally. The company provides helical and bevel helical, worm, extruder, and cooling tower gear boxes, planetary gear boxes, as well as geared motors. It also offers gears and pinions; special gearboxes; and iron, grey iron castings, phosphor bronze, aluminum bronze, leaded bronze, and copper alloy castings. In addition, the company provides installation support, refurbishment, and on-site services. Its products are used in steel, cement, sugar, crane and material handling, power, paper, rubber and plastics, off-highway and mining, process, compressor, railway, textile, and aerospace applications. The company was founded in 1960 and is based in Coimbatore, India. Shanthi Gears Limited operates as a subsidiary of Tube Investments of India Limited.
Details
Sector
Industrials
Industry
Specialty Industrial Machinery
CEO
Mr. Muthusamy Karunakaran
Headquarters
Coimbatore
Employees
479
Website
shanthigears.comExchange
View on NSE ↗Key stats
Market cap
₹5,174.22 Cr
P/E ratio (TTM)
82.9
Dividend yield
0.72%
EPS (TTM)
₹8.13
Beta (1Y · daily vs NIFTY 50)
0.41
Beta (5Y · monthly vs NIFTY 50)
0.87
Shares float
1.93 Cr
EPS · quarter ended Jun 2026
₹1.28
Financial Performance
01 · Financials
FY21 growth needs FY20 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
03 · Dividend Profile
Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹215.53 Cr | ₹3.37 Cr | ₹445.65 Cr | ₹536.05 Cr | ₹604.62 Cr | ₹518.72 Cr | |
| EBITDA | ₹34.93 Cr | ₹69.10 L | ₹90.81 Cr | ₹107.00 Cr | ₹130.55 Cr | ₹106.73 Cr |
| ₹20.17 Cr | ₹42.47 L | ₹67.05 Cr | ₹82.25 Cr | ₹96.03 Cr | ₹76.66 Cr | |
| Diluted EPS | ₹2.63 | ₹5.54 | ₹8.74 | ₹10.72 | ₹12.52 | ₹9.99 |
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| — | — | ₹377.90 Cr | ₹442.80 Cr | ₹504.32 Cr | ₹555.59 Cr | |
| Stockholders' equity | — | — | ₹302.35 Cr | ₹345.31 Cr | ₹402.99 Cr | ₹440.06 Cr |
Total assets, Current assets, Trade receivables, Cash & equivalents, Non-current assets, Fixed assets, CWIP, Others, Long-term debt, Current (short-term) debt, Stockholders' equity have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹32.77 Cr | ₹35.01 L | ₹62.95 Cr | ₹36.30 Cr | ₹90.79 Cr | ₹70.10 Cr | |
| Investing cash flow | ₹-20.35 Cr | ₹-16.48 L | ₹-26.17 Cr | ₹-12.35 Cr | ₹-38.00 Cr | ₹-45.30 Cr |
| ₹-11.51 Cr | ₹-19.18 L | ₹-23.01 Cr | ₹-38.39 Cr | ₹-38.44 Cr | ₹-38.47 Cr | |
| Capital expenditure | ₹-118.97 Cr | ₹-5.66 L | ₹-15.27 Cr | ₹-20.00 Cr | ₹-24.35 Cr | ₹-52.98 Cr |
| End cash position | — | — | ₹15.09 Cr | ₹65.00 L | ₹15.00 Cr | ₹1.33 Cr |
End cash position has filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Sep 21 | Dec 21–Jun 26(19Q) |
|---|---|---|
| Promoter | 70.47% | 70.47% |
| Public | 29.52% | 29.53% |
| Employee trusts | 0.00% | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Industrials
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| Larsen & Toubro Limited | ₹5.24 L Cr | ₹3,836.2 | 31.6 | 4.79 | 14.7% | 1.15 | +11.8% | +4.1% |
| Adani Ports and Special Economic Zone Limited | ₹4.00 L Cr | ₹1,824 | 29.4 | 4.17 | 13.3% | 0.66 | +27.1% | +29.1% |
| Hindustan Aeronautics Limited | ₹3.20 L Cr | ₹4,800.3 | 34.3 | 7.80 | 22.2% | 0.00 | +5.6% | -1.2% |
| Bharat Electronics Limited | ₹2.82 L Cr | ₹395.45 | 46.0 | 11.75 | 25.3% | 0.00 | +15.9% | -4.1% |
| InterGlobe Aviation Limited | ₹1.87 L Cr | ₹4,920 | — | 26.87 | -34.3% | 11.15 | +6.6% | -13.9% |
| ABB India Limited | ₹1.51 L Cr | ₹7,270.5 | 95.5 | 19.28 | 21.3% | 0.01 | +8.1% | +33.7% |
| Bharat Heavy Electricals Limited | ₹1.43 L Cr | ₹429.2 | 58.8 | 5.47 | 6.1% | 0.31 | +18.3% | +83.2% |
| Hitachi Energy India Limited | ₹1.39 L Cr | ₹32,700 | 121.7 | 26.89 | 19.1% | 0.02 | +27.2% | +68.7% |
| Cummins India Limited | ₹1.39 L Cr | ₹5,099.5 | 57.8 | 16.42 | 27.9% | 0.00 | +16.9% | +24.3% |
| CG Power and Industrial Solutions Limited | ₹1.39 L Cr | ₹892 | 107.6 | 17.39 | 15.1% | 0.01 | +25.1% | +13.7% |
| Siemens Limited | ₹1.33 L Cr | ₹3,763.5 | 78.8 | 10.07 | 15.9% | 0.01 | +16.2% | +13.3% |
| Shanthi Gears Limited | ₹5,174.22 Cr | ₹700.05 | 82.9 | 11.76 | 17.4% | — | -14.4% | +24.4% |
Ranked by market cap within Industrials, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Show all 30
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
4 indices
Weight is BSE’s own published index weight. Indices without weight data are listed without one, in alphabetical order after the weighted ones.
Shanthi Gears Share Surges Over 80% in the Last 2 Weeks; 3 Key Reasons Explained
Shanthi Gears shares surged over 80% in the last two weeks, reaching a 10% upper circuit. This rise follows Tube Investments of India Ltd increasing its stake to 73.16% and the appointment of a new CFO and Head of HR. The company designs and manufactures gears and gearboxes.
Shanthi Gears surges after appointing Sai Krishna Alluri as CFO
Business Standard · 15 days ago