SHANTIGEARNSEShanthi Gears Limited· Auto AncillariesHighNeutral
Announced Fri, 8 May · 16:30 IST

Financials in Machine Readable Form

Revenue DeclinePat Growth 25pctExceptional ItemResults View source PDF

SHANTIGEAR · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-4.1%1-day move
₹461.00
prior close
₹465.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.8-1.4-1.1-1.8-4.1-4.4-4.1-4.3-4.5-4.2-4.6-4.2-3.9
Up moveDown movePending
AI summary

Shanthi Gears Limited reported audited financial results for FY26 ending March 2026. Revenue from operations declined to Rs 518.72 crore from Rs 604.62 crore in FY25, representing a 14.2% year-on-year decrease. However, profit after tax surged significantly to Rs 76.66 crore from just Rs 9.03 crore in the previous year, largely due to lower tax expense (Rs 26.04 crore vs Rs 34.06 crore). Profit before tax stood at Rs 102.70 crore compared to Rs 130.09 crore. The company declared an interim dividend of Rs 3 per share and recommended a final dividend of Rs 2 per share. An exceptional item of Rs 4.78 crore was recognized due to the statutory impact of new labour codes on defined benefit obligations. Operating cash flow for the year was Rs 70.10 crore. The auditors (MSKA & Associates LLP) issued an unqualified opinion.

Likely market impact

The stock may face pressure due to the 14% revenue decline, though the sharp jump in PAT (boosted by lower tax outgo) and maintained dividend payouts could provide support. The margin compression and exceptional labour code impact warrant monitoring.