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Shanthi Gears share price

Shanthi Gears Ltd.

NSE: SHANTIGEAR BSE: 522034 SECTOR: Auto Ancillary  56k   138   14

512.00
-20.15 (-3.79%)
BSE: 13 Nov 04:01 PM

Price Summary

Today's High

₹ 549

Today's Low

₹ 503.45

52 Week High

₹ 703.55

52 Week Low

₹ 451.25

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

3927.85 Cr.

Enterprise Value

3919.94 Cr.

No. of Shares

7.67 Cr.

P/E

43.45

P/B

10.42

Face Value

₹ 1

Div. Yield

0.98 %

Book Value (TTM)

₹  49.13

CASH

7.91 Cr.

DEBT

0 Cr.

Promoter Holding

70.47 %

EPS (TTM)

₹  11.78

Sales Growth

20.29%

ROE

25.4 %

ROCE

34.02%

Profit Growth

22.67 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

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Ratios

Sales Growth

1 Year20.28%
3 Year35.49%
5 Year17.27%

Profit Growth

1 Year22.67%
3 Year59.76%
5 Year19.79%

ROE%

1 Year25.4%
3 Year22.11%
5 Year16.9%

ROCE %

1 Year34.02%
3 Year29.98%
5 Year22.73%

Debt/Equity

0

Price to Cash Flow

108.35

Interest Cover Ratio

211.8462

CFO/PAT (5 Yr. Avg.)

0.929911862691351

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 70.47 0.00
Jun 2024 70.47 0.00
Mar 2024 70.47 0.00
Dec 2023 70.47 0.00
Sep 2023 70.47 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 59.7631701129704% for the Past 3 years.
  • The company has shown a good revenue growth of 35.4870764024214% for the Past 3 years.
  • Company has been maintaining healthy ROE of 22.1115333333333% over the past 3 years.
  • Company has been maintaining healthy ROCE of 29.9846333333333% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 211.8462.
  • The company has an efficient Cash Conversion Cycle of 41.8733 days.
  • Company has a healthy liquidity position with current ratio of 2.8503.
  • The company has a high promoter holding of 70.47%.

 Limitations

  • The company is trading at a high PE of 43.45.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Net Sales 135.42 125.54 153.64 138.82 155.08
Total Expenditure 106.69 102.19 127.03 110.17 120.92
Operating Profit 28.73 23.35 26.61 28.65 34.16
Other Income 3.94 3.61 9.52 3.39 3.37
Interest 0 0 0 0 0
Depreciation 3.01 3.01 4.22 3.09 3.23
Exceptional Items 0 0 0 0 0
Profit Before Tax 29.66 23.95 31.91 28.95 34.3
Tax 8.64 6.52 6.23 7.29 8.67
Profit After Tax 21.02 17.43 25.68 21.66 25.63
Adjusted EPS (Rs) 2.74 2.27 3.35 2.82 3.34

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 242.29 215.53 337.07 445.65 536.05
Total Expenditure 207.57 189.46 276.78 355.45 433.74
Operating Profit 34.72 26.07 60.29 90.2 102.31
Other Income 6.55 9.1 9.05 11.24 21.06
Interest 0.19 0.24 0.24 0.37 0.52
Depreciation 8.39 8.86 10.37 10.88 13.21
Exceptional Items 0 0 0 0 0
Profit Before Tax 32.69 26.07 58.73 90.19 109.64
Tax 7.5 5.9 16.26 23.14 27.39
Net Profit 25.19 20.17 42.47 67.05 82.25
Adjusted EPS (Rs.) 3.28 2.63 5.54 8.74 10.72

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 7.67 7.67 7.67 7.67 7.67
Total Reserves 220.95 229.46 252.29 294.68 337.64
Borrowings 0 0 0 0 0
Other N/C liabilities -2.59 0.01 -0.76 -3.88 -4.89
Current liabilities 52.87 90.22 95.22 97.01 124.57
Total Liabilities 278.9 327.36 354.42 395.48 464.99
Assets
Net Block 52.51 66.51 58.71 63.11 64.61
Capital WIP 6.37 0.03 3.19 2.03 4.1
Intangible WIP 0 0 0 0 0
Investments 34.93 27.67 22.21 20.21 20.21
Loans & Advances 9.8 7.67 7.89 10.78 10.47
Other N/C Assets 0 8.54 8.28 7.23 10.54
Current Assets 175.29 216.94 254.14 292.12 355.06
Total Assets 278.9 327.36 354.42 395.48 464.99
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 32.69 26.07 58.73 90.19 109.64
Adjustment 4.37 2.27 4.55 5.96 -0.52
Changes in Assets & Liabilities 26.26 6.88 -13.34 -10.96 -46.77
Tax Paid -7.74 -4.5 -14.93 -22.24 -26.1
Operating Cash Flow 55.58 30.72 35.01 62.95 36.25
Investing Cash Flow 24.17 -18.3 -16.48 -26.17 -12.3
Financing Cash Flow -97.74 -11.51 -19.18 -23.01 -38.39
Net Cash Flow -17.99 0.91 -0.65 13.77 -14.44

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 70.47 70.47 70.47 70.47 70.47
ambadi investments limite... 0.01 0.01 0.01 0.01 0.01
tube investments of india... 70.46 70.46 70.46 70.46 70.46
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 29.53 29.53 29.53 29.53 29.53
dhanesh s shah 1.27 1.27 1.27 1.27 1.27
durgesh s shah 1.27 1.27 1.27 1.27 1.27
investor education and pr... 0.52 - 0.52 - 0.52
llp - - 0.01 0.01 0.01
nimesh sumatilal 1.27 1.27 1.27 1.27 1.27
pacific assets trust plc 2.90 2.90 2.90 2.90 2.90
investor education and pr... - 0.52 - 0.52 -

Ratings & Research Reports

Company Presentations

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Company News

Shanthi Gears informs about outcome of board meeting 22 Oct, 5:01 PM Shanthi Gears - Quaterly Results 22 Oct, 2:24 PM Shanthi Gears - Quaterly Results 22 Oct, 2:24 PM Shanthi Gears - Quaterly Results 22 Oct, 2:24 PM Shanthi Gears informs about board meeting 14 Oct, 11:04 AM Shanthi Gears - Quaterly Results 29 Jul, 2:20 PM Shanthi Gears - Quaterly Results 29 Jul, 2:20 PM Shanthi Gears - Quaterly Results 29 Jul, 2:20 PM Shanthi Gears informs about disclosure 27 Jun, 1:23 PM Shanthi Gears - Quaterly Results 9 May, 1:44 PM Shanthi Gears - Quaterly Results 9 May, 1:44 PM Shanthi Gears - Quaterly Results 9 May, 1:44 PM Shanthi Gears informs about loss of share certificate 30 Apr, 3:33 PM Shanthi Gears informs about certificate 6 Apr, 11:30 AM Shanthi Gears informs about updates 18 Mar, 2:55 PM Shanthi Gears informs about newspaper publication 15 Feb, 4:24 PM Shanthi Gears informs about loss of share certificate 6 Feb, 4:43 PM Shanthi Gears - Quaterly Results 30 Jan, 2:08 PM Shanthi Gears - Quaterly Results 30 Jan, 2:08 PM Shanthi Gears - Quaterly Results 30 Jan, 2:08 PM Shanthi Gears informs about loss of share certificate 23 Jan, 12:15 PM Shanthi Gears informs about loss of share certificate 15 Dec, 4:52 PM Shanthi Gears informs about clarification on rise in volume 23 Nov, 1:17 PM Shanthi Gears - Quaterly Results 25 Oct, 2:38 PM Shanthi Gears - Quaterly Results 25 Oct, 2:38 PM Shanthi Gears - Quaterly Results 25 Oct, 2:38 PM Shanthi Gears informs about board meeting 10 Oct, 2:23 PM Shanthi Gears - Quaterly Results 26 Jul, 2:27 PM Shanthi Gears - Quaterly Results 26 Jul, 2:27 PM Shanthi Gears - Quaterly Results 26 Jul, 2:27 PM Shanthi Gears informs about BRSR 4 Jul, 9:45 AM Shanthi Gears informs about AGM 27 Jun, 12:03 PM Shanthi Gears - Quaterly Results 9 May, 9:21 PM Shanthi Gears - Quaterly Results 9 May, 9:21 PM Shanthi Gears - Quaterly Results 25 Jan, 3:43 PM Shanthi Gears - Quaterly Results 25 Jan, 3:43 PM Shanthi Gears enters into agreement with Shreeji Metazine 19 Jan, 12:28 PM Shanthi Gears informs about closure of trading window 31 Dec, 2:32 PM Shanthi Gears informs about loss of share certificate 29 Oct, 12:15 PM Shanthi Gears informs about certificate 29 Oct, 12:10 PM Shanthi Gears - Quaterly Results 21 Oct, 2:43 PM Shanthi Gears - Quaterly Results 21 Oct, 2:43 PM Shanthi Gears - Quaterly Results 21 Oct, 2:43 PM Shanthi Gears - Quaterly Results 25 Jul, 3:36 PM Shanthi Gears - Quaterly Results 25 Jul, 3:36 PM Shanthi Gears - Quaterly Results 25 Jul, 3:36 PM Shanthi Gears informs about disclosure 7 Jun, 12:53 PM Shanthi Gears - Quaterly Results 7 May, 3:42 PM Shanthi Gears - Quaterly Results 7 May, 3:42 PM Shanthi Gears - Quaterly Results 7 May, 3:42 PM

Shanthi Gears Stock Price Analysis and Quick Research Report. Is Shanthi Gears an attractive stock to invest in?

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The Indian Auto Industry comes in the top 5 largest auto industries of the world. India is also a prominent auto exporter and has strong export growth expectations for the near future. The support from the government is providing the auto companies with a boost needed in their development. But will it sustain?
We can look into more details and dig a little deeper into the analysis of the stock of this sector. Let’s look at how Shanthi Gears is performing and if it is the right time to buy the stock of Shanthi Gears with detailed analysis.

  • The mainstream of revenue for Auto Sector is their sales, Shanthi Gears has reported outstanding sales growth of 20.285 % and in the latest quarter sales was Rs 155.08 Cr. To judge whether the company’s inventory is being sold or not and the sales picture is true, inventory turnover ratio plays a major role, which is 7.0612 times for Shanthi Gears . It is managing its inventory poorly .
     
  • Shanthi Gears reported Profit growth of 22.6696 % over the year, where the latest year profit is Rs 82.25 Cr compared to the previous year of Rs 67.05 Cr. The new permits by governments and increasing demand will lead to an increase in profits in the coming year.
     
  • The operating profit of Shanthi Gears in the latest quarter is Rs 34.16 Cr. It helps in measuring the company’s operating performance which is used to make financing decisions.
     
  • Shanthi Gears has a healthy ROE of 25.3991 %. The ROE is an important financial parameter because Auto companies work with high equity investments. Also, they have to take huge debt to incur the research and manufacturing work so their Debt to Equity ratio should be evaluated. Shanthi Gears has a low Debt to Equity ratio of 0.
     
  • Shanthi Gears pays a dividend of 5 Rs per share. It tells us that a company likes to share profits with its shareholders. The dividend yield is low at 0.9766 %.
     
  • The share of promoter in Shanthi Gears is high at 70.47 %, where the pledging is 0 %.
     
  • What the market is willing to pay for the company for its earnings can be determined by PE multiple. Current PE of Shanthi Gears is 42.8727818936327 compared to the 5 year average PE of 38.8821474235808 .
     
  • Share Price: - The current share price of Shanthi Gears is Rs 505.2. One can use valuation calculators of ticker to know if Shanthi Gears share price is undervalued or overvalued.
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Brief about Shanthi Gears

Shanthi Gears Ltd. Financials: Check Share Price, Balance Sheet, Annual Report, Quarterly Results, Shareholding, Company Profile and News for Company Analysis

Shanthi Gears Ltd. is a leading Indian company in the gear manufacturing industry. With a rich history spanning over several decades, the company has established a strong reputation in the market. Known for its commitment to quality and innovation, Shanthi Gears offers a wide range of gearboxes and power transmission solutions for various industries such as automotive, mining, cement, and more.

Shanthi Gears Ltd. - Share Price

The share price of Shanthi Gears Ltd. reflects the market's perception of the company's performance and prospects. Investors can track the share price on our website's stock analysis page, which provides real-time updates. By monitoring the share price, investors can stay informed about the company's value in the market and make informed decisions.

Shanthi Gears Ltd. - Balance Sheet

The balance sheet of Shanthi Gears Ltd. provides a snapshot of the company's financial health. It includes information about the company's assets, liabilities, and shareholders' equity. Investors can analyze the balance sheet to assess the company's capacity to meet its financial obligations and its overall financial stability. Our website offers a pre-built screening tool that allows investors to analyze the balance sheet and evaluate key financial ratios.

Shanthi Gears Ltd. - Annual Report

The annual report of Shanthi Gears Ltd. is a comprehensive document that provides a detailed overview of the company's performance and operations over the past year. It includes information about the company's financial results, business strategy, market outlook, and more. Investors can access the annual report on our website as a downloadable document. By studying the annual report, investors can gain valuable insights into the company's performance and make informed investment decisions.

Shanthi Gears Ltd. - Dividend

Dividends are an important aspect of stock analysis for long-term investors. Shanthi Gears Ltd. distributes dividends to its shareholders as a way to share its profits. Our website's stock analysis page provides information about the company's dividend history. Investors can track the dividend payments and analyze the company's dividend policy to assess its commitment to rewarding shareholders.

Shanthi Gears Ltd. - Quarterly Results

The quarterly results of Shanthi Gears Ltd. provide an insight into the company's performance during a specific quarter. Investors can find the quarterly results on our website's stock analysis page. Our premium features offer tools such as DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis to help investors calculate the fair value of the company based on its financial performance.

Shanthi Gears Ltd. - Stock Price

Tracking the stock price of Shanthi Gears Ltd. is essential for investors who are interested in analyzing the company's market performance. Our website's stock analysis page provides real-time updates on the stock price, allowing investors to keep track of any fluctuations. Investors can use the stock price chart to visualize the company's historical performance and identify potential trends.

Shanthi Gears Ltd. - Price Chart

The price chart of Shanthi Gears Ltd. provides a visual representation of the company's stock performance over time. By analyzing the price chart, investors can identify patterns and trends in the stock price, which can help with their stock analysis. Our website's stock analysis page offers an interactive price chart that allows investors to customize the date range and view different timeframes.

Shanthi Gears Ltd. - News

Staying updated with the latest news related to Shanthi Gears Ltd. is crucial for investors. Our website's stock analysis page provides news articles and updates about the company's activities, financial results, product launches, and other relevant information. By staying informed about the latest news, investors can make well-informed decisions based on the company's developments and market trends.

Shanthi Gears Ltd. - Concall Transcripts

Concall transcripts are an invaluable resource for investors as they provide a detailed record of the company's conference calls with analysts and investors. Our website offers con-call transcripts of Shanthi Gears Ltd., which can be downloaded and analyzed. By reading the transcripts, investors can gain insights into management's views, strategies, and future plans.

Shanthi Gears Ltd. - Investor Presentations

Investor presentations provide a comprehensive overview of the company's performance, strategy, and market outlook. Shanthi Gears Ltd. makes its investor presentations available on our website as downloadable documents. Investors can access these presentations to gain deeper insights into the company's business operations and investment potential.

Shanthi Gears Ltd. - Promoters

Promoters play a significant role in the success and growth of a company. Shanthi Gears Ltd. has a strong group of promoters who have been instrumental in shaping the company's growth trajectory. By understanding the promoter's background and their contributions to the company, investors can evaluate the company's governance and long-term prospects.

Shanthi Gears Ltd. - Shareholders

Understanding the shareholder base of Shanthi Gears Ltd. is important for investors. Our website provides information about the company's major shareholders and their ownership stakes. By analyzing the shareholder composition, investors can gauge the level of institutional interest and evaluate the company's investor base.

Remember, to access additional analysis tools and premium features like fair value calculation, investors can utilize our website's DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis tools. Additionally, downloadable resources such as annual reports, con-call transcripts, investor presentations, credit ratings, and research reports are provided to further support the stock analysis process.

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