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Shanthi Gears

  • Market Cap: Small Cap
  • Industry: Auto Ancillary
  • ISIN: INE631A01022
  • NSEID: SHANTIGEAR
  • BSEID: 522034
INR
467.20
17 (3.78%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 11.86 k

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationResults Declared: Shanthi Gears has declared results on 24 Apr 2025! Click here to unlock the latest financial performance
stock-summaryPrice Point
High/Low

1Day

443.00467.45

52 Week

386.00703.55
Valuation
Technical
Day's Volume

CASH

11.86 k (-24.50%) Volume

Shareholding (Dec 2024)

FII

3.25%

Held by 34 FIIs

DII

0.74%

Held by 3 DIIs

Promoter

70.47%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Stock is technically in a Mildly Bearish range

  • A key technical factor - Bollinger Band has been Bearish since 17 Mar 2025
2

With ROE of 26.3, it has a Very Expensive valuation with a 9.2 Price to Book Value

3

Despite the size of the company, domestic mutual funds hold only 1.61% of the company

4

Underperformed the market in the last 1 year

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Auto Ancillary

stock-summary
Market cap

INR 3,584 Cr (Small Cap)

stock-summary
P/E

35.00

stock-summary
Industry P/E

28

stock-summary
Dividend Yield

1.18%

stock-summary
Debt Equity

-0.17

stock-summary
Return on Equity

26.33%

stock-summary
Price to Book

9.16

Revenue and Profits (1 Year):
Net Sales:
158 Cr
(Quarterly Results - Dec 2024)
Net Profit:
26 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (1.18%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-23.73%
0.55%
-23.18%
1 Year
-19.51%
0.89%
-18.62%
2 Years
24.24%
2.73%
26.97%
3 Years
120.07%
6.22%
126.29%
4 Years
248.53%
10.65%
259.18%
5 Years
581.55%
21.28%
602.83%

Latest dividend: 3 per share ex-dividend date: Feb-07-2025

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
18.33%
EBIT Growth (5y)
27.67%
EBIT to Interest (avg)
64.34
Debt to EBITDA (avg)
Net Debt is too low
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.26
Tax Ratio
24.00%
Dividend Payout Ratio
46.63%
Pledged Shares
0
Institutional Holding
3.99%
ROCE (avg)
25.29%
ROE (avg)
16.88%
Valuation key factors
Factor
Value
P/E Ratio
35
Industry P/E
28
Price to Book Value
9.16
EV to EBIT
30.68
EV to EBITDA
27.24
EV to Capital Employed
10.88
EV to Sales
5.60
PEG Ratio
1.14
Dividend Yield
1.18%
ROCE (Latest)
31.86%
ROE (Latest)
26.33%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bullish
Mildly Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 5 Schemes (0.47%)

FIIs

Held by 34 FIIs (3.25%)

Promoter with highest holding

Tube Investments Of India Limited (70.46%)

Highest Public shareholder

Pacific Assets Trust Plc (2.9%)

Individual Investors Holdings

20.35%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 1.57% vs 11.71% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 2.54% vs 18.33% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "157.51",
          "val2": "155.08",
          "chgp": "1.57%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "34.95",
          "val2": "34.16",
          "chgp": "2.31%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "26.28",
          "val2": "25.63",
          "chgp": "2.54%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "22.19%",
          "val2": "22.03%",
          "chgp": "0.16%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 14.42% vs 23.73% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 20.82% vs 30.29% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "293.90",
          "val2": "256.87",
          "chgp": "14.42%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "62.81",
          "val2": "51.83",
          "chgp": "21.18%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "47.29",
          "val2": "39.14",
          "chgp": "20.82%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "21.37%",
          "val2": "20.18%",
          "chgp": "1.19%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 18.04% vs 18.67% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 30.05% vs 18.89% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "451.41",
          "val2": "382.41",
          "chgp": "18.04%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "97.76",
          "val2": "75.18",
          "chgp": "30.03%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "73.57",
          "val2": "56.57",
          "chgp": "30.05%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "21.66%",
          "val2": "19.66%",
          "chgp": "2.00%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 20.28% vs 32.21% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 22.67% vs 57.88% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
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          "field": "Net Sales",
          "val1": "536.05",
          "val2": "445.65",
          "chgp": "20.28%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "101.79",
          "val2": "89.83",
          "chgp": "13.31%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
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          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "82.25",
          "val2": "67.05",
          "chgp": "22.67%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "18.99%",
          "val2": "20.16%",
          "chgp": "-1.17%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
157.51
155.08
1.57%
Operating Profit (PBDIT) excl Other Income
34.95
34.16
2.31%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Standalone Net Profit
26.28
25.63
2.54%
Operating Profit Margin (Excl OI)
22.19%
22.03%
0.16%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 1.57% vs 11.71% in Sep 2024

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is 2.54% vs 18.33% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
293.90
256.87
14.42%
Operating Profit (PBDIT) excl Other Income
62.81
51.83
21.18%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Standalone Net Profit
47.29
39.14
20.82%
Operating Profit Margin (Excl OI)
21.37%
20.18%
1.19%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 14.42% vs 23.73% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is 20.82% vs 30.29% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
451.41
382.41
18.04%
Operating Profit (PBDIT) excl Other Income
97.76
75.18
30.03%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Standalone Net Profit
73.57
56.57
30.05%
Operating Profit Margin (Excl OI)
21.66%
19.66%
2.00%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 18.04% vs 18.67% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 30.05% vs 18.89% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
536.05
445.65
20.28%
Operating Profit (PBDIT) excl Other Income
101.79
89.83
13.31%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Standalone Net Profit
82.25
67.05
22.67%
Operating Profit Margin (Excl OI)
18.99%
20.16%
-1.17%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 20.28% vs 32.21% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is 22.67% vs 57.88% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Shanthi Gears Ltd. stock-summary
stock-summary
Shanthi Gears Ltd.
Small Cap
Auto Ancillary
Shanthi Gears Ltd (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. The Company is in the business of design, manufacture, supply and servicing of gears and gear boxes.
Company Coordinates stock-summary
Company Details
304-A Trichy Road, Singanallur Coimbatore Tamil Nadu : 641005
stock-summary
Tel: 91-0422-2273722-34
stock-summary
http://www.shanthigears.com
stock-summary
cs@shanthigears.com
Registrar Details
SKDC Consultants Ltd , Kanapathy Towers, 3rd Floor, Ganapathy, Coimbatore
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