What is Shanthi Gears Ltd (SHANTIGEAR) share price return in the past 10 years?

Shanthi Gears Ltd share price has appreciated 15.6% annually (CAGR) over the past ten years.

What is the share price of Shanthi Gears Ltd (SHANTIGEAR)?

Company share prices are keep on changing according to the market conditions. The current trading price of Shanthi Gears Ltd (SHANTIGEAR) on 12-Jun-2026 12:23:00 at 12:23 is 442.90.

What is the P/E ratio of Shanthi Gears?

The latest standalone P/E ratio of Shanthi Gears as of 12-Jun-2026 is 44.07.

What is the P/B ratio of Shanthi Gears Ltd (SHANTIGEAR)?

The latest standalone P/B ratio of Shanthi Gears Ltd (SHANTIGEAR) as of 12-Jun-2026 is 7.68.

What is the 52-week high and low of Shanthi Gears Ltd (SHANTIGEAR)?

The 52-week high of Shanthi Gears Ltd (SHANTIGEAR) is Rs. 620.70 and the 52-week low is Rs. 396.00.

Shanthi Gears Ltd (SHANTIGEAR) Share Analysis – Cycle Position, Quality & Valuation Zone & DeciZen Rating

Name: Shanthi Gears Ltd (SHANTIGEAR)
Brand: Shanthi Gears

Shanthi Gears Ltd (SHANTIGEAR)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 522034 NSE: SHANTIGEAR Auto Ancillary | Small Cap | Shanthi Gears Share Price

Shanthi Gears Ltd (SHANTIGEAR)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 522034 NSE: SHANTIGEAR Auto Ancillary | Small Cap | Shanthi Gears Share Price

Key Metrics

Valuation Multiples

Market Cap

₹3,379 Cr.

Current Price

₹442.9

52-Week Low / High

₹396 / 621

TTM EPS

₹10

TTM Sales

₹519 Cr.

Book Value per Share

₹57.4

P/E Ratio

44.07

In line with its 5-year historical median

Industry PE

42.1

Price to Book (P/B)

7.68

Lower than its 5-year historical median

Price to Sales (P/S)

6.51

In line with its 5-year historical median

EV/EBITDA

26.74

In line with its 5-year historical median

Dividend Yield

1.06%

Profitability Efficiency

Return on Equity (ROE)

25.67%

Outperforms industry median

Return on Capital Employed (ROCE)

34.89%

Outperforms industry median

Return on Assets (ROA)

20.51%

Operating Profit Margin

21.4%

Net Profit Margin

15.88%

Gross Profit Margin

23.7%

Growth Momentum
1-yr vs 3-yr growth

Sales Growth (1 Year)

Slowing versus 3-year growth rate

12.79%

Operating Profit Growth (1 Year)

Slowing versus 3-year growth rate

26.25%

Net Profit Growth (1 Year)

Slowing versus 3-year growth rate

16.75%

Asset Quality

Promoter Holding

70.47%

Pledged shares (%) of Promoter's holding (%)

0.00%

Reserves

₹432 Cr.

Equity

₹7.7 Cr.

Face Value

₹1

All Time Low / High

₹1.85 / 703.55

Shanthi Gears stock performance

Key Ratios

Check Before You Invest

Quality

Locked

Valuation

Locked

Price Trend

Locked

Q.1 Is Shanthi Gears Ltd a good quality company?

Shanthi Gears Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

How does Shanthi Gears Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Shanthi Gears Ltd vs industry peers?

Shanthi Gears Ltd revenue CAGR is 20.07%, compared to the industry median CAGR of 11.89%, indicating faster growth and gaining its market share.

Q.1 Promoter shareholding and pledge status of Shanthi Gears Ltd?

Promoters hold 70.47% of the Shanthi Gears Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Stock return of Shanthi Gears Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 16.4% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	8.4%	9.7%	10.7%	13.7%	12.4%	11.3%	23.7%	32.2%	34%	34.9%	-
Value Creation Index ⓘ	-0.4	-0.3	-0.2	0.0	-0.1	-0.2	0.7	1.3	1.4	1.5	-
Growth Parameters ⓘ
Sales ⓘ	165	184	214	242	242	216	337	446	536	605	519
Sales YoY Gr.	-	11.6%	16.4%	12.9%	0.3%	-11%	56.4%	32.2%	20.3%	12.8%	-
Adj EPS ⓘ	2.2	2.7	3.4	4	3.2	2.6	5.5	8.7	10.6	12.4	10
YoY Gr.	-	26.3%	24.8%	17%	-19%	-19.8%	111.9%	57.7%	21.4%	17.9%	-
BVPS (₹) ⓘ	34.8	37.5	38.9	37	29.8	30.9	33.9	39.4	45	52.5	57.4
Adj Net Profit ⓘ	17.8	22.4	28	32.7	24.9	19.9	42.3	66.7	80.9	95.4	77
Cash Flow from Ops. ⓘ	46.1	13.8	42.3	27.2	55.6	30.7	35	63	36.4	90.8	-
Debt/CF from Ops. ⓘ	0	0	0	0	0	0	0	0	0	0	-

CAGR ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	15.5%	20.1%	21.5%	12.8%
Adj EPS ⓘ	21.4%	30.9%	31.2%	17.9%
BVPSⓘ	4.7%	12%	15.7%	16.7%
Share Price	15.6%	24.3%	0.9%	-15.6%

Key Financial Parameters ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	6.4	7.6	9	10.5	9.4	8.6	17	23.7	25	25.5	18.2
Op. Profit Mgn % ⓘ	18.7	19.4	17.3	17	14.3	12.1	17.9	20.2	19.1	21.4	20
Net Profit Mgn % ⓘ	10.8	12.2	13.1	13.5	10.3	9.2	12.5	15	15.1	15.8	14.8
Debt to Equity ⓘ	0	0	0	0	0	0	0	0	0	0	0
Working Cap Days ⓘ	358	374	322	247	208	238	172	141	165	172	133
Cash Conv. Cycle ⓘ	150	148	146	133	116	110	76	67	73	82	100

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	165	184	214	242	242	216	337	446	536	605
Operating Expenses ⓘ +	134	148	177	201	208	189	277	355	434	475
Manufacturing Costs	21	24	29	34	30	27	38	49	68	77
Material Costs	60	69	90	108	116	104	167	214	257	284
Employee Cost	36	39	42	45	48	46	57	71	77	82
Other Costs ⓘ	17	17	16	13	14	13	16	21	32	32
Operating Profit ⓘ	31	36	37	41	35	26	60	90	102	129
Operating Profit Margin (%)	18.6%	19.4%	17.3%	17.0%	14.3%	12.1%	17.9%	20.2%	19.1%	21.4%
Other Income ⓘ +	9	11	12	12	7	9	9	11	21	15
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Interest ⓘ	0	0	0	0	0	0	0	0	1	0
Depreciation ⓘ	17	18	16	11	8	9	10	11	13	13
Profit Before Tax ⓘ	23	29	33	42	33	26	59	90	110	130
Tax ⓘ	5	6	5	9	8	6	16	23	27	34
Profit After Tax	18	23	29	33	25	20	42	67	82	96
PAT Margin (%)	10.8%	12.2%	13.4%	13.8%	10.4%	9.4%	12.6%	15.1%	15.3%	15.9%
Adjusted EPS (₹)	2.2	2.8	3.5	4.1	3.3	2.6	5.5	8.7	10.7	12.5
Dividend Payout Ratio (%)	23%	27.20%	28.60%	147%	60.90%	57%	45.20%	57.20%	46.60%	39.90%

Valuation of Shanthi Gears - Standalone

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	284	306	318	302	229	237	260	302	345	403
Share Capital ⓘ	8	8	8	8	8	8	8	8	8	8
Reserves ⓘ	276	298	310	294	221	229	252	295	338	395
Debt +	0	0	0	0	0	0	0	0	0	0
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	21	25	24	31	30	55	44	43	55	63
Others Liabilities ⓘ	38	13	13	15	20	36	50	50	37	33
Total Liabilities ⓘ	344	344	354	348	279	327	354	395	437	499
Fixed Assets
Net Fixed Assets ⓘ +	66	58	50	52	53	67	59	63	65	72
Gross Block	83	91	94	106	113	134	135	148	149	168
Accumulated Depreciation	17	33	44	55	60	67	76	85	84	97
CWIP ⓘ	0	1	1	0	6	0	3	2	4	5
Investments ⓘ	56	70	114	124	79	47	50	57	45	88
Inventories	67	75	59	70	61	78	64	67	85	80
Trade Receivables	39	46	55	57	38	47	72	68	118	137
Cash Equivalents	2	2	1	20	2	56	67	90	8	65
Others Assets ⓘ	115	92	75	26	40	32	39	48	112	52
Total Assets ⓘ	344	344	354	348	279	327	354	395	437	499

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	46	14	42	27	56	31	35	63	36	91
PBT ⓘ	23	29	33	42	33	26	59	90	110	130
Adjustment ⓘ	10	8	5	-0	4	2	5	6	-2	2
Changes in Working Capital ⓘ	22	-17	10	-5	26	7	-13	-11	-45	-8
Tax Paid ⓘ	-9	-6	-6	-10	-8	-5	-15	-22	-26	-33
Cash Flow From Investing Activity ⓘ +	-43	-13	-26	40	24	-18	-16	-26	-12	-38
Capex	-11	-6	-6	-11	-17	-15	-5	-15	2	0
Net Investments	-40	-14	-30	38	38	-9	-15	-16	-1	-20
Others ⓘ	8	7	9	13	3	6	4	5	-13	-19
Cash Flow From Financing Activity ⓘ +	-5	0	-17	-49	-98	-12	-19	-23	-39	-38
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Dividend Paid ⓘ	-4	0	-14	-41	-23	-12	-19	-23	-39	-38
Others ⓘ	-1	0	-3	-8	-75	0	0	0	0	0
Net Cash Flow ⓘ	-2	1	-1	18	-18	1	-1	14	-14	14

Financial Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	6.39	7.63	9.16	10.76	9.49	8.66	17.09	23.85	25.4	25.67
ROCE (%)	8.38	9.7	10.68	13.74	12.39	11.3	23.73	32.21	34.02	34.89
Asset Turnover Ratio	0.54	0.59	0.63	0.69	0.77	0.71	0.99	1.19	1.29	1.29
PAT to CFO Conversion(x)	2.56	0.61	1.45	0.82	2.24	1.55	0.83	0.94	0.44	0.95
Working Capital Days
Receivable Days	75.80	75.70	84.30	84.60	71.30	72.40	64.80	57.50	63.40	77
Inventory Days	132.40	127	111.40	97.40	98.70	117.70	77	53.50	51.70	50
Payable Days	135.70	122.80	98.50	92.40	96.20	149.50	108.20	74.10	69.90	75.70

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Shanthi Gears Ltd FAQs

The current trading price of Shanthi Gears on 12-Jun-2026 12:23 is ₹442.9.

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 11-Jun-2026 the market cap of Shanthi Gears stood at ₹3,378.6 Cr

The latest P/E ratio of Shanthi Gears as of 11-Jun-2026 is 44.07.

The latest P/B ratio of Shanthi Gears as of 11-Jun-2026 is 7.68.

The 52-week high of Shanthi Gears is ₹620.7 and the 52-week low is ₹396.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Shanthi Gears is ₹519 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Shanthi Gears Ltd is a good quality company.

The key valuation ratios of Shanthi Gears Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Shanthi Gears Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Shanthi Gears Ltd

It all started in 1969, when â€˜Shanthi Engineering & Trading Co.â€™ 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 â€œquality gearsâ€. 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 Gearsâ€™ 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

Shanthi Gears Ltd (SHANTIGEAR)

Shanthi Gears Ltd (SHANTIGEAR)

Shanthi Gears stock performance

Check Before You Invest

Quality

Valuation

Price Trend

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Shanthi Gears - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Shanthi Gears Ltd FAQs

About Shanthi Gears Ltd

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Shanthi Gears Ltd (SHANTIGEAR)

Shanthi Gears Ltd (SHANTIGEAR)

Shanthi Gears stock performance

Check Before You Invest

Quality

Valuation

Price Trend

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Shanthi Gears - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Shanthi Gears Ltd FAQs

What is the share price of Shanthi Gears?

What is the market cap of Shanthi Gears?

What is the P/E ratio of Shanthi Gears?

What is the P/B ratio of Shanthi Gears?

What is the 52-week high and low of Shanthi Gears?

What is the TTM revenue of Shanthi Gears?

Is Shanthi Gears Ltd a good quality company?

Is Shanthi Gears Ltd undervalued or overvalued?

Is Shanthi Gears Ltd a good buy now?

About Shanthi Gears Ltd

About MoneyWorks4Me

Our Vision

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.