Shanthi Gears Ltd.
Snapshot View

152.90 +1.20 ▲0.8%

26 July 2021, 04:02:11 P.M.
Volume: 508,768

Overview View Details

Sector Automobile & Ancillaries Compare with Sector peers
Industry Auto Ancillary Compare with Industry peers
Website http://www.shanthigears.com
Financial Indicators
Market Cap 1,174.52 Cr.
Earnings per share (EPS) 4.21 Trailing Twelve Months Ending 2021-06
Price-Earning Ratio (PE) 36.33 Trailing Twelve Months Ending 2021-06
Industry PE 88.99 Trailing Twelve Months Ending 2021-06
Book Value / Share 32.03 Trailing Twelve Months Ending 2021-06
Price to Book Value 4.78 Calculated using Price: 153.10
Dividend Yield 1.31 Period Ending 2020-03
No. of Shares Subscribed 7.67 Cr. 76,715,853 Shares
FaceValue 1
Company Profile

It all started in 1969, when ‘Shanthi Engineering & Trading Co.’ was established. This company started manufacturing small gears by way of simple manufacturing process like milling. In 1972, it was converted to Shanthi Gear Products (P) Limited.  

Their guiding principle since then has been always “quality gears”. Slowly but steadily their business expanded. So also the quality, range, Customers and services. Soon, they became the No. 1 (loose) gear manufacturer in the country both in terms of quality and volume.

Propelled for growth, in 1980, Shanthi Gears decided to go in for the manufacture of Worm Reduction Gear Boxes. Braving competition from leading manufacturers including multinationals, Shanthi Gears’ Worm Reduction Gear Boxes gained quick market acceptance. Today, it is rated way above the competition.  

Simultaneously, production of Helical Gear Boxes also started in single, double, triple, and quadruple reductions and in various combinations. Hollow shaft Gear Boxes were also introduced. Solid shafts and Hollow shaft Bevel Helical Reduction Gear Boxes followed suit.   In 1986, Shanthi Gears became a joint stock Company and it is now being listed in the major Stock Exchanges.

The philosophy of Shanthi Gears  has been -- the quality of the finished product is always the sum total of the quality of the raw materials and the components put in. Consequently, facilities for manufacturing Patterns, Centrifugal Castings of phosphor bronze rings, Ferrous Castings, Aluminum Castings, Heat Treatment, Forgings, Fabrications and Cutter Manufacturing were also set up, in-house.  

Foolproof 'Quality Systems' developed over the years ensures products of superior quality and long lasting performance.

Product range of the company includes:

  • Worm Gear Box
  • Helical & Bevel Helical Gear Box
  • Geared Motor
  • Custom-Built Gear Box
  • Mill Gear Box
  • Open Gearing
  • Products for Textile Industries
  • CNC Machine Tools

Services offered by the company:

The company act as consultants in the field of engineering design, advisors and purveyors of technical know-how and applied technology, solution providers and business process outsourcers in the field of engineering design and drawing, software programming etc.

  • Engineering Design
  • Modeling  & Drafting.
  • Analysis & Simulation.
  • Assembly and Animations.
  • Reverse Engineering.
  • Tooling (Mould & Pattern) Design & Manufacturing.
  • Generation of NC Codes and simulation.
  • Calibration of machine tools.
  • Calibration of Co-ordinate Measuring Machines.
  • Performance Evaluation of machine tools and a wide variety of errors can be quantified.

Different manufacturing plants of the company

  • Shanthi Gears Limited, A - Unit, 304-A, Trichy Road, Singanallur, Coimbatore , Tamilnadu, India.
  • Shanthi Gears Limited, B - Unit, 304-F, Trichy Road, Singanallur, Coimbatore, Tamilnadu, India.
  • Shanthi Gears Limited, C - Unit, Avanashi Road, Muthugoundenputhur, Coimbatore, Tamilnadu, India.
  • Shanthi Gears Limited, D - Unit, K. Krishnapuram, Kamanaickenpalayam, Palladam,  Tamilnadu, India.
  • Shanthi Gears Limited, E - Unit, 1812, Trichy Road, Singanallur,  Coimbatore, Tamilnadu, India.
  • Shanthi Gears Limited, F - Unit, 26, Trichy Road, Kambanthottam, Kannampalayam,  Coimbatore, Tamilnadu, India.

Subsidiaries:

  • Shanti Engineering Solutions
  • Shanti Metrology Services

Awards & Achievements:

It is a 9100B Certified Company

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+0.79%
1 Week
+2.76%
1 Month
+6.59%
3 Month
+13.13%
6 Month
+25.84%
1 Year
+85.11%
2 Year
+52.59%
5 Year
+24.36%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 11.79 6.12 7.02 3.47 6.39 7.63 9.16 10.76 9.49
Return on Capital Employed (%) 17.36 8.90 10.09 4.92 8.38 9.70 10.68 13.74 12.39
Return on Assets (%) 9.73 5.35 5.70 2.70 5.23 6.55 8.19 9.50 8.04

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 248 258 266 271 284 306 318 302 229
Non Curr. Liab. 11 10 61 30 26 -3 -5 -5 -3
Curr. Liab. 30 22 29 35 34 40 41 50 53
Minority Int.
Equity & Liab. 289 290 356 335 344 344 354 348 279
Non Curr. Assets 146 124 160 120 120 85 75 79 104
Curr. Assets 143 166 196 215 224 259 279 269 175
Misc. Exp. not W/O
Total Assets 289 290 356 335 344 344 354 348 279

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 173 147 156 155 165 184 214 242 242
Other Income 5 8 10 12 9 11 12 12 7
Total Income 178 154 166 167 174 195 226 254 249
Total Expenditure -108 -103 -114 -137 -134 -148 -177 -201 -208
PBIDT 70 51 52 30 40 46 49 53 41
Interest -1 -1 -1 0 0 0 0 0 0
Depreciation -27 -29 -26 -17 -17 -18 -16 -11 -8
Taxation -13 -7 -8 -4 -5 -6 -5 -9 -8
Exceptional Items
PAT 28 15 18 9 18 23 29 33 25

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 28 49 29 -6 46 14 42 27 56
Cash Fr. Inv. -4 -67 -12 10 -43 -13 -26 40 24
Cash Fr. Finan. -16 -14 -15 -5 -5 -17 -49 -98
Net Change 8 -32 2 -1 -2 1 -1 18 -18
Cash & Cash Eqvt 56 2 4 3 1 2 1 20 2

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 70.47 70.47 70.47 70.47 70.47 70.47 70.47 70.47 70.47
Public 29.53 29.53 29.53 29.53 29.53 29.53 29.53 29.53 29.53
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Fri, 23 Jul 2021
Shareholders meeting
Shanthi Gears Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on July 21, 2021. Further, the company has submitted the Exchange a copy of Srutinizers report along with voting results.
Thu, 22 Jul 2021
Financial Result Updates
Shanthi Gears Limited has submitted to the Exchange, the financial results for the period ended June 30, 2021.
Thu, 22 Jul 2021
Outcome of Board Meeting
Shanthi Gears Limited has informed the Exchange regarding Board meeting held on July 21, 2021.

Technical Scans View Details

Mon, 26 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Decreasing Relative Strength - Benchmark index Decreasing Relative Strength - Benchmark index
Decreasing Relative Strength - Sectoral index Decreasing Relative Strength - Sectoral index
Close Within 2 Year High Zone Close Within 2 Year High Zone

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