Shanthi Gears Limited - Company Profile

It is a machinery and equipment public limited company based in Coimbatore, Tamil Nadu, India, established in 1972.

1972 Coimbatore, Tamil Nadu, India Active

Last Updated: January 06, 2026

About Shanthi Gears Limited

Shanthi Gears Limited, a active public limited company, was established on 01 July 1972 in Coimbatore, Tamil Nadu, India. Engaging in industrial machinery manufacturing within the manufacturing sector, it holds CIN: L29130TZ1972PLC000649. Registered under ROC Roc Coimbatore. it is listed on BSE: 522034 and NSE: SHANTIGEAR. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹7.67 Cr.

Formerly known as Shanthi Gears Private Limited, Shanthi Gear Products Ltd. It upholds a compliant status. In 2023, it reported revenue of ₹456.89 Cr and a net worth of ₹302.35 Cr. Employing 813 professional, Its leadership includes M A M Arunachalam (Director), Ramkumar Lakshminarayanan (Director), Muthusamy Karunakaran (Whole-Time Director). Past directors included Soundara Kumar, Murugappan Murugappan Muthiah, Coimbatore Gopal Kumar. It holds no open charges and ₹170.20 Cr settled loans. Its latest AGM occurred on 30 July 2025, with the balance sheet filed on 31 March 2025. It is based at 304A, Trichy Road, Singanallur, Coimbatore, Tamil Nadu, 641005.

Company Details

CIN/LLPIN
L29130TZ1972PLC000649
Registration Number
000649
Incorporation Date
01 July 1972
Authorized Capital
₹10.00 Cr
Paid-Up Capital
₹7.67 Cr
ROC Code
Roc Coimbatore
Listing Status
Listed (BSE: 522034, NSE: SHANTIGEAR)
Company Status
Active

Key Metrics

Authorised Capital ₹ 10.00 Cr as on 06-01-2026
Paid Up Capital ₹ 7.67 Cr as on 06-01-2026
Company Age 53 Year, 7 Months
Last Filing with ROC 31 Mar 2025
Satisfied Charges ₹ 170.20 Cr as on 06-01-2026
Revenue Growth **** 32.00% (FY 2023)
Profit Growth **** 57.88% (FY 2023)
Ebitda **** 49.59% (FY 2023)
Net Worth 16.31% (FY 2023)
Total Assets **** 10.90% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Shanthi Gears Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Shanthi Gears Limited?

Current Directors

Name	Designation	Appointment Date	Status
M A M Arunachalam	Director	10 Feb 2021	Current
Ramkumar Lakshminarayanan	Director	03 Sep 2012	Current
Muthusamy Karunakaran	Whole-Time Director	21 Jul 2021	Current
Venkataramani Anantharamakrishnan	Director	09 May 2024	Current
Mukesh Ahuja	Director	22 Oct 2021	Current
Arun Venkatachalam	Director	09 May 2023	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	30 Jul 2015	Past
Pramod Abcsdd	Additional Director	24 Jul 2013	Past
Pramod Abcsdd	Director	03 Sep 2012	Past
Pramod Abcsdd	Additional Director	21 Jul 2021	Past
Pramod Abcsdd	Director	03 Sep 2012	Past
Pramod Abcsdd	Director	07 May 2022	Past

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Financial Performance of Shanthi Gears.

Shanthi Gears Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32% increase. The company also saw a substantial improvement in profitability, with a 57.88% increase in profit. The company's net worth Soared by an impressive increase of 16.31%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

32.00%

*******

Revenue from Operations

*******

32.21%

*******

Total Assets

*******

10.90%

*******

Profit or Loss

*******

57.88%

*******

Net Worth

*******

16.31%

*******

EBITDA

*******

49.59%

*******

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What is the Ownership and Shareholding Structure of Shanthi Gears?

In 2023, Shanthi Gears had a promoter holding of 70.47% and a public holding of 29.53%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹1,702,000,000.00

Charges Breakdown by Lending Institutions

State Bank Of India : 35.00 Cr
The Honkong And Shanghai Bank Limited : 32.50 Cr
Icici Bank Limited : 25.00 Cr
The Bank Of Nova Scotia : 23.50 Cr
State Bank Of Hyderabad : 15.00 Cr
Others : 39.20 Cr

Latest Charge Details

Date	Lender	Amount	Status
20 Nov 2009	Idbi Bank Limited	₹10.00 Cr	Satisfied
29 Mar 2007	Icici Bank Limited	₹25.00 Cr	Satisfied
05 Oct 2006	State Bank Of Hyderabad	₹15.00 Cr	Satisfied
20 Jul 2006	Hdfc Bank Limited	₹10.00 Cr	Satisfied
10 Jul 2005	The Hongkong And Shanghai Banking Corporation Limited	₹1.00 M	Satisfied

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How Many Employees Work at Shanthi Gears?

Shanthi Gears has a workforce of 813 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Shanthi Gears, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Shanthi Gears's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Shanthi Gears

Recent Activity within the Organization

Annual General Meeting

Progress on Shanthi Gears Limited last Annual general meeting of members was held on 30 Jul 2025 as per latest MCA records. was documented.
30 Jul 2025
Director Appointment

The activity Thangaraj Aruna was appointed as a Director was appointed as a Director on 30 Jul 2025 & has been associated with this company since 6 months 17 days . was completed.
30 Jul 2025
Balance Sheet

Shanthi Gears Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore. was recorded as a recent event.
31 Mar 2025
Director Appointment

Progress on Venkataramani Anantharamakrishnan was appointed as a Director was appointed as a Director on 09 May 2024 & has been associated with this company since 1 year 9 months . was documented.
09 May 2024
Director Appointment

Progress on Arun Venkatachalam was appointed as a Director was appointed as a Director on 09 May 2023 & has been associated with this company since 2 years 9 months . was documented.
09 May 2023
Director Appointment

Progress on Joseph Deva Sagayam Pitchai Pillai Walter Vasanth was appointed as a Company Secretary was appointed as a Company Secretary on 05 Apr 2023 & has been associated with this company since 2 years 10 months . was documented.
05 Apr 2023

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