Shanthi Gears Limited - machinery and equipment in Coimbatore, Tamil Nadu, India. FY 2026 financials and compliance.
CIN L29130TZ1972PLC000649 Incorporated 01 July 1972 ROC Coimbatore HQ Coimbatore, Tamil Nadu, India
Active Listed - NSE: SHANTIGEAR · BSE: 522034 Public Limited Company machinery and equipment
Data last updated
Revenue · FY 2026
₹518.72 Cr
▼ 14.21% YoY
Computed EBITDA · FY 2026
₹123.54 Cr
▼ 13.84% YoY
Net profit · FY 2026
₹76.66 Cr
▼ 20.17% YoY
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹7.67 Cr
Issued & subscribed
Open charges
None
Satisfied ₹170.2 Cr
Company age
54 yrs
Est. 1972
Employees · EPFO
813
Latest available

About Shanthi Gears Limited

Data last updated: 14 July 2026

Shanthi Gears Limited is a public limited company based in Coimbatore, Tamil Nadu, India, a subsidiary of Tube Investments Of India Limited. It specialises in industrial machinery manufacturing, a part of the broader machinery and industrial equipment sector. Incorporated on 01 July 1972, the company has been in operation for over 54 years.

Registered with ROC Coimbatore under CIN L29130TZ1972PLC000649. Listed on BSE: 522034 and NSE: SHANTIGEAR.

Capital: an authorised share capital of ₹10 Cr and a paid-up capital of ₹7.67 Cr. Formerly known as Shanthi Gears Private Limited and Shanthi Gear Products Ltd. It is led by directors including M A M Arunachalam and Muthusamy Karunakaran.

Last AGM: 30 July 2025. Financial statements filed for year ended 31 March 2025. Office: 304A Trichy Road Singanallur, Coimbatore, Tamil Nadu, India – 641005.

As per NSE-filed standalone financials for FY 2026, the company reported a revenue of ₹518.72 Cr, a decline of 14.21% compared to the previous year. The net worth stands at ₹440.06 Cr (up 9.2% YoY). Total assets are valued at ₹555.59 Cr (up 10.17% YoY).

The company has a workforce of approximately 813 employees as per the latest available data. It operates as a subsidiary of Tube Investments Of India Limited.

The company is associated with 2 brands - Shanthi Social Services, Shanthi Gears. As per MCA filings, the company has satisfied charges of ₹170.2 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shanthigears.com.

Company Details of Shanthi Gears Limited
CIN L29130TZ1972PLC000649
Registration Number 000649
Incorporation Date 01 July 1972
ROC Coimbatore
Listing Status Listed (BSE: 522034, NSE: SHANTIGEAR)
Company Status Active
Date of Last AGM 30 July 2025
Date of Balance Sheet 31 March 2025
Parent Company Tube Investments Of India Limited
Compliance Status Active Compliant
Contact Details
  • Email
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  • Telephone
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  • Social Media
  • Registered Address
    304A Trichy Road Singanallur, Coimbatore, Tamil Nadu, India – 641005
  • Industry
    Machinery and Equipment, Industrial Machinery Manufacturing
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Financials, compliance, directors, charges, ownership and filings for Shanthi Gears Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Shanthi Gears Limited

Shanthi Gears Limited has undergone 3 name changes throughout its history. The company was previously known as Shanthi Gears Private Limited, Shanthi Gear Products Ltd, and Shanthi Gear Products Pvt Ltd. The current legal name is Shanthi Gears Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Shanthi Gears Limited Current
Shanthi Gears Private Limited Previous
Shanthi Gear Products Ltd Previous
Shanthi Gear Products Pvt Ltd Previous

Associated Brands with Shanthi Gears Limited

Shanthi Gears Limited operates two associated brands: Shanthi Social Services and Shanthi Gears. These brands represent Shanthi Gears Limited's diversified market presence and brand portfolio.

Brand Description Website
Foundation focused on educational, medical, and other day to day needs to poor people shanthisocialservices.org
Manufacturer and supplier of standard and customizable gearboxes and power transmission products shanthigears.com

Competitors & Alternatives of Shanthi Gears Limited

Brands and companies operating in the same space as Shanthi Gears Limited include Elecon, Klingelnberg, Premium Transmission and 4 more.

Competitor Description Location Founded
Elecon Elecon Industrial geared motors, material handling, and mining equipment are manufactured. Anand, India, India 1951
Klingelnberg Klingelnberg Gears and precision components are manufactured for industrial applications. Zurich, Switzerland, Switzerland 1863
Premium Transmission Premium Transmission Provider of power transmission solutions and products Pune, India, India 1961
Horsburgh & Scott Horsburgh & Scott Gearing and gearboxes are manufactured by Horsburgh & Scott. Cleveland, United States, United States 1886
Niebuhr Gears Niebuhr Gears Manufacturer of gear components for industrial machine builders Ikast, Denmark, Denmark 1972
Wikov Wikov Manufacturer & supplier of mechanical gearboxes and gear couplings for various industrial applications Prague, Czech Republic, Czechia 1884
SEW-EURODRIVE SEW-EURODRIVE Industrial motors, gearmotors, and inverters are manufactured for industrial use. Johannesburg, South Africa, South Africa 1931

Business Activity of Shanthi Gears Limited

Shanthi Gears Limited is engaged in the principal business activity of manufacturing, with detailed activities including electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C10 Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment Locked
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Business activity turnover details for Shanthi Gears Limited

Turnover contribution percentages and historical activity changes require an active report plan.

  • Turnover contribution
  • Historical classifications
  • Filing-level activity changes

Verified entity values are shown only after access is granted.

Auditor Details of Shanthi Gears Limited

Shanthi Gears Limited is audited by M S K A & Associates (ICAI peer reviewed, certificate valid till 2027-07-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
M S K A & Associates (ICAI peer reviewed, certificate valid till 2027-07-31) FY 2026 Declaration of unmodified opinion

Board of Directors of Shanthi Gears Limited

Shanthi Gears Limited is currently managed by 8 directors, with 31 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
M A M Arunachalam Director 10 Feb 2021 5 Years 6 Months Current
Muthusamy Karunakaran Whole-Time Director 21 Jul 2021 5 Years 1 Months Current
Venkataramani Anantharamakrishnan Director 09 May 2024 2 Years 3 Months Current
Mukesh Ahuja Director 22 Oct 2021 4 Years 10 Months Current
Arun Venkatachalam Director 09 May 2023 3 Years 3 Months Current
Sangampalayam Kandasami Sundararaman Director 06 Feb 2018 8 Years 6 Months Current
Showing 6 of 8 current directors. View all directors

Financials of Shanthi Gears Limited FY 2026 filings available

Shanthi Gears Limited reported revenue of ₹518.72 Cr (down 14.21% YoY) for FY 2026.

Revenue · FY 2026
₹518.72 Cr ▼ 14.21%
Profit · FY 2026
₹76.66 Cr ▼ 20.17%
Computed EBITDA · FY 2026
₹123.54 Cr ▼ 13.84%
Revenue₹ Cr · Standalone0250500750FY 2020: ₹242 Cr242FY 2020FY 2021: ₹216 Cr · -11% YoY216-11%FY 2021FY 2022: ₹3 Cr · -98.4% YoY3.4-98.4%FY 2022FY 2023: ₹446 Cr · +13121.3% YoY446+13121.3%FY 2023FY 2024: ₹536 Cr · +20.3% YoY536+20.3%FY 2024FY 2025: ₹605 Cr · +12.8% YoY605+12.8%FY 2025FY 2026: ₹519 Cr · -14.2% YoY519-14.2%FY 2026
Net Profit₹ Cr · Standalone050100FY 2020: ₹25 Cr25.2FY 2020FY 2021: ₹20 Cr · -19.9% YoY20.2-19.9%FY 2021FY 2022: ₹0 Cr · -97.9% YoY0.4-97.9%FY 2022FY 2023: ₹67 Cr · +15687.6% YoY67.1+15687.6%FY 2023FY 2024: ₹82 Cr · +22.7% YoY82.3+22.7%FY 2024FY 2025: ₹96 Cr · +16.8% YoY96+16.8%FY 2025FY 2026: ₹77 Cr · -20.2% YoY76.7-20.2%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year0100200Q1'25: ₹139 Cr · +14.3% YoY139+14.3%Q1'25Q2'25: ₹155 Cr · +14.5% YoY155+14.5%Q2'25Q3'25: ₹158 Cr · +25.5% YoY158+25.5%Q3'25Q4'25: ₹153 Cr · -0.3% YoY153-0.3%Q4'25Q1'26: ₹135 Cr · -2.8% YoY135-2.8%Q1'26Q2'26: ₹132 Cr · -14.9% YoY132-14.9%Q2'26Q3'26: ₹117 Cr · -25.8% YoY117-25.8%Q3'26Q4'26: ₹135 Cr · -11.8% YoY135-11.8%Q4'26
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹518.72 Cr ₹604.62 Cr ₹536.05 Cr ₹445.65 Cr ₹3.37 Cr ₹215.53 Cr ₹242.29 Cr
Other Income ₹19.63 Cr ₹14.66 Cr ₹21.06 Cr ₹11.24 Cr ₹9.05 Lakh ₹8.28 Cr ₹6.53 Cr
Total Income ₹538.35 Cr ₹619.28 Cr ₹557.11 Cr ₹456.89 Cr ₹3.46 Cr ₹223.81 Cr ₹248.82 Cr
Cost of Materials Consumed ₹255.12 Cr ₹281.97 Cr ₹262.26 Cr ₹214.18 Cr ₹1.62 Cr ₹107.65 Cr ₹111.98 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories -₹10.46 Cr ₹2.33 Cr -₹5.63 Cr ₹12 Lakh ₹4.42 Lakh -₹4.12 Cr ₹3.81 Cr
Employee Benefit Expense ₹78.68 Cr ₹81.69 Cr ₹76.83 Cr ₹71.15 Cr ₹56.91 Lakh ₹46.92 Cr ₹48.23 Cr
Finance Costs ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Depreciation & Amortisation ₹16.06 Cr ₹13.3 Cr ₹13.21 Cr ₹10.88 Cr ₹10.37 Lakh ₹8.86 Cr ₹8.39 Cr
Other Expenses ₹91.47 Cr ₹109.9 Cr ₹100.8 Cr ₹70.37 Cr ₹53.52 Lakh ₹38.43 Cr ₹43.72 Cr
Total Expenses ₹430.87 Cr ₹489.19 Cr ₹447.47 Cr ₹366.7 Cr ₹2.87 Cr ₹197.74 Cr ₹216.13 Cr
Profit Before Exceptional Items & Tax ₹107.48 Cr ₹130.09 Cr ₹109.64 Cr ₹90.19 Cr ₹58.73 Lakh ₹26.07 Cr ₹32.69 Cr
Exceptional Items -₹4.78 Cr ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹102.7 Cr ₹130.09 Cr ₹109.64 Cr ₹90.19 Cr ₹58.73 Lakh ₹26.07 Cr ₹32.69 Cr
Total Tax Expense ₹26.04 Cr ₹34.06 Cr ₹27.39 Cr ₹23.14 Cr ₹16.26 Lakh ₹5.9 Cr ₹7.5 Cr
Net Profit ₹76.66 Cr ₹96.03 Cr ₹82.25 Cr ₹67.05 Cr ₹42.47 Lakh ₹20.17 Cr ₹25.19 Cr
  attributable to Owners - - - - - - ₹0
Other Comprehensive Income -₹1.23 Cr ₹1 Lakh -₹90 Lakh -₹1.65 Cr -₹46,000 -₹16 Lakh -₹89 Lakh
Total Comprehensive Income ₹75.43 Cr ₹96.04 Cr ₹81.35 Cr ₹65.4 Cr ₹42.01 Lakh ₹20.01 Cr ₹24.3 Cr
EBITDA (computed) ₹123.54 Cr ₹143.39 Cr ₹122.85 Cr ₹101.07 Cr ₹69.1 Lakh ₹34.93 Cr ₹41.08 Cr
Basic EPS ₹9.99 ₹12.52 ₹10.72 ₹8.74 ₹5.54 ₹2.63 ₹3.28
Diluted EPS ₹9.99 ₹12.52 ₹10.72 ₹8.74 ₹5.54 ₹2.63 ₹3.28
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹555.59 Cr ₹504.32 Cr ₹442.8 Cr ₹377.9 Cr
Non-current Assets ₹155.95 Cr ₹122.41 Cr ₹115.31 Cr ₹107.44 Cr
Current Assets ₹399.64 Cr ₹381.91 Cr ₹327.49 Cr ₹270.46 Cr
Property, Plant & Equipment ₹97.99 Cr ₹71.28 Cr ₹63.92 Cr ₹62.96 Cr
Inventories ₹112.84 Cr ₹80.4 Cr ₹85.23 Cr ₹66.6 Cr
Trade Receivables ₹115.62 Cr ₹137.2 Cr ₹117.96 Cr ₹68.12 Cr
Cash & Equivalents ₹1.33 Cr ₹15 Cr ₹65 Lakh ₹15.09 Cr
Equity (Net Worth) ₹440.06 Cr ₹402.99 Cr ₹345.31 Cr ₹302.35 Cr
Equity Share Capital ₹7.67 Cr ₹7.67 Cr ₹7.67 Cr ₹7.67 Cr
Borrowings (Non-current) ₹0 ₹0 ₹0 ₹0
Borrowings (Current) ₹0 ₹0 ₹0 ₹0
Total Debt (computed) ₹0 ₹0 ₹0 ₹0
Current Liabilities ₹107.62 Cr ₹100.46 Cr ₹97 Cr ₹75.07 Cr
Total Liabilities ₹115.53 Cr ₹101.33 Cr ₹97.49 Cr ₹75.55 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹70.1 Cr ₹90.79 Cr ₹36.3 Cr ₹62.95 Cr ₹35.01 Lakh
Investing Cash Flow -₹45.3 Cr -₹38 Cr -₹12.35 Cr -₹26.17 Cr -₹16.48 Lakh
Financing Cash Flow -₹38.47 Cr -₹38.44 Cr -₹38.39 Cr -₹23.01 Cr -₹19.18 Lakh
Capital Expenditure ₹52.98 Cr ₹24.35 Cr ₹20 Cr ₹15.27 Cr ₹5.66 Lakh
Free Cash Flow (computed) ₹17.12 Cr ₹66.44 Cr ₹16.3 Cr ₹47.68 Cr ₹29.35 Lakh
Dividends Paid ₹38.47 Cr ₹38.44 Cr ₹38.39 Cr ₹23.01 Cr ₹19.18 Lakh
Net Change in Cash -₹13.67 Cr ₹14.35 Cr -₹14.44 Cr ₹13.77 Cr -₹65,000
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹135.1 Cr ₹116.82 Cr ₹131.91 Cr ₹134.89 Cr ₹153.21 Cr ₹157.51 Cr ₹155.08 Cr ₹138.82 Cr ₹153.64 Cr ₹125.54 Cr ₹135.42 Cr ₹121.45 Cr
Other Income ₹5.85 Cr ₹4.07 Cr ₹5.94 Cr ₹3.77 Cr ₹4.01 Cr ₹3.89 Cr ₹3.37 Cr ₹3.39 Cr ₹9.52 Cr ₹3.61 Cr ₹3.94 Cr ₹3.99 Cr
Total Income ₹140.95 Cr ₹120.89 Cr ₹137.85 Cr ₹138.66 Cr ₹157.22 Cr ₹161.4 Cr ₹158.45 Cr ₹142.21 Cr ₹163.16 Cr ₹129.15 Cr ₹139.36 Cr ₹125.44 Cr
Cost of Materials Consumed ₹71.82 Cr ₹59.3 Cr ₹61.5 Cr ₹62.5 Cr ₹67.67 Cr ₹61.05 Cr ₹75.12 Cr ₹78.13 Cr ₹74.21 Cr ₹66.57 Cr ₹66.99 Cr ₹54.49 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories -₹3.24 Cr -₹7.13 Cr ₹98 Lakh -₹1.07 Cr ₹4.05 Cr ₹13.43 Cr -₹1.38 Cr -₹13.77 Cr -₹38 Lakh -₹5.29 Cr -₹2.53 Cr ₹2.57 Cr
Employee Benefit Expense ₹18.42 Cr ₹20.36 Cr ₹20.55 Cr ₹19.35 Cr ₹19.71 Cr ₹21.1 Cr ₹21.28 Cr ₹19.6 Cr ₹17.56 Cr ₹17.75 Cr ₹18.86 Cr ₹22.66 Cr
Finance Costs ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Depreciation & Amortisation ₹4.71 Cr ₹3.91 Cr ₹3.78 Cr ₹3.66 Cr ₹3.57 Cr ₹3.41 Cr ₹3.23 Cr ₹3.09 Cr ₹4.22 Cr ₹3.01 Cr ₹3.01 Cr ₹2.97 Cr
Other Expenses ₹24.21 Cr ₹21.3 Cr ₹22.36 Cr ₹23.6 Cr ₹30.81 Cr ₹26.98 Cr ₹25.9 Cr ₹26.21 Cr ₹35.64 Cr ₹23.16 Cr ₹23.37 Cr ₹18.63 Cr
Total Expenses ₹115.92 Cr ₹97.74 Cr ₹109.17 Cr ₹108.04 Cr ₹125.81 Cr ₹125.97 Cr ₹124.15 Cr ₹113.26 Cr ₹131.25 Cr ₹105.2 Cr ₹109.7 Cr ₹101.32 Cr
Profit Before Exceptional Items & Tax ₹25.03 Cr ₹23.15 Cr ₹28.68 Cr ₹30.62 Cr ₹31.41 Cr ₹35.43 Cr ₹34.3 Cr ₹28.95 Cr ₹31.91 Cr ₹23.95 Cr ₹29.66 Cr ₹24.12 Cr
Exceptional Items -₹3.22 Cr -₹1.56 Cr ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹21.81 Cr ₹21.59 Cr ₹28.68 Cr ₹30.62 Cr ₹31.41 Cr ₹35.43 Cr ₹34.3 Cr ₹28.95 Cr ₹31.91 Cr ₹23.95 Cr ₹29.66 Cr ₹24.12 Cr
Total Tax Expense ₹5.54 Cr ₹5.4 Cr ₹7.17 Cr ₹7.93 Cr ₹8.95 Cr ₹9.15 Cr ₹8.67 Cr ₹7.29 Cr ₹6.23 Cr ₹6.52 Cr ₹8.64 Cr ₹6 Cr
Net Profit ₹16.27 Cr ₹16.19 Cr ₹21.51 Cr ₹22.69 Cr ₹22.46 Cr ₹26.28 Cr ₹25.63 Cr ₹21.66 Cr ₹25.68 Cr ₹17.43 Cr ₹21.02 Cr ₹18.12 Cr
Other Comprehensive Income -₹1.1 Cr ₹11 Lakh -₹24 Lakh ₹0 ₹51 Lakh -₹16 Lakh -₹25 Lakh -₹9 Lakh -₹1.84 Cr ₹32 Lakh ₹87 Lakh -₹25 Lakh
Total Comprehensive Income ₹15.17 Cr ₹16.3 Cr ₹21.27 Cr ₹22.69 Cr ₹22.97 Cr ₹26.12 Cr ₹25.38 Cr ₹21.57 Cr ₹23.84 Cr ₹17.75 Cr ₹21.89 Cr ₹17.87 Cr
EBITDA (computed) ₹29.74 Cr ₹27.06 Cr ₹32.46 Cr ₹34.28 Cr ₹34.98 Cr ₹38.84 Cr ₹37.53 Cr ₹32.04 Cr ₹36.13 Cr ₹26.96 Cr ₹32.67 Cr ₹27.09 Cr
Basic EPS ₹2.12 ₹2.11 ₹2.81 ₹2.96 ₹2.93 ₹3.43 ₹3.34 ₹2.82 ₹3.35 ₹2.27 ₹2.74 ₹2.36
Diluted EPS ₹2.12 ₹2.11 ₹2.81 ₹2.96 ₹2.93 ₹3.43 ₹3.34 ₹2.82 ₹3.35 ₹2.27 ₹2.74 ₹2.36
Latest 12 quarters shown of 25 on record.
Segment · Q4 FY26 (latest quarter) Revenue Result (PBIT) Assets Liabilities
India ₹114.67 Cr ₹0 ₹0 ₹0
America ₹16.19 Cr ₹0 ₹0 ₹0
Europe ₹1.7 Cr ₹0 ₹0 ₹0
Others ₹2.54 Cr ₹0 ₹0 ₹0
Segment · FY 2026 (annual) Revenue Result (PBIT) Assets Liabilities
India ₹449.11 Cr ₹0 - -
America ₹53.08 Cr ₹0 - -
Europe ₹5.4 Cr ₹0 - -
Others ₹11.13 Cr ₹0 - -
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Shareholding Pattern of Shanthi Gears Limited

As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 70.47%, foreign institutional investors hold 3.14%, domestic institutional investors hold 0.22%, retail and other public shareholders hold 26.17% of Shanthi Gears Limited. The company had 28,913 shareholders on record.

Promoters: 70.47%DII (Domestic Institutional): 0.22%FII (Foreign Institutional): 3.14%Retail & Others: 26.17%
Mar 2026
QUARTER
70.47% Promoters
0.22% DII (Domestic Institutional)
3.14% FII (Foreign Institutional)
26.17% Retail & Others
Promoter holding - history
Now 70.47% · Mar 2026High 70.47% · Apr 2019Low 70.12% · Dec 2015
69%69.8%70.5%71.3%72%Dec 2015Jun 2018Sep 2020Mar 2023Sep 2025Dec 2015: 70.12%Mar 2016: 70.12%Jun 2016: 70.12%Sep 2016: 70.12%Dec 2016: 70.12%Mar 2017: 70.12%Jun 2017: 70.12%Sep 2017: 70.12%Dec 2017: 70.12%Mar 2018: 70.12%Jun 2018: 70.12%Sep 2018: 70.12%Dec 2018: 70.12%Mar 2019: 70.12%Apr 2019: 70.47%Jun 2019: 70.47%Sep 2019: 70.47%Dec 2019: 70.47%Mar 2020: 70.47%Jun 2020: 70.47%Sep 2020: 70.47%Dec 2020: 70.47%Mar 2021: 70.47%Jun 2021: 70.47%Sep 2021: 70.47%Dec 2021: 70.47%Mar 2022: 70.47%Jun 2022: 70.47%Sep 2022: 70.47%Dec 2022: 70.47%Mar 2023: 70.47%Jun 2023: 70.47%Sep 2023: 70.47%Dec 2023: 70.47%Mar 2024: 70.47%Jun 2024: 70.47%Sep 2024: 70.47%Dec 2024: 70.47%Mar 2025: 70.47%Jun 2025: 70.47%Sep 2025: 70.47%Dec 2025: 70.47%Mar 2026: 70.47%70.47%70.12%70.47%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters70.47%70.47%70.47%70.47%70.47%70.47%
Public29.53%29.53%29.53%29.53%29.53%29.53%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Promoters70.47%70.47%70.47%70.47%70.47%70.47%70.47%70.12%70.12%70.12%70.12%
Public29.53%29.53%29.53%29.53%29.53%29.53%29.52%29.88%29.88%29.88%29.88%
Promoter change (YoY, %pts)+0.00+0.00+0.00+0.00+0.00+0.00+0.35+0.00+0.00+0.00-

Board & Governance of Shanthi Gears Limited

As per the corporate governance filing with NSE for the quarter ended 31-DEC-2025, the board of Shanthi Gears Limited has 8 directors - 4 independent and 1 executive. The board is chaired by MURUGAPPAN ARUNACHALAM MURUGAPPAN ARUN.

DirectorPositionOn board sinceListed boards
LAKSHMINARAYANAN RAMKUMAR Non-Executive - Independent Director 2012-09-03 3
SANGAMPALAYAM KANDASAMI SUNDARARAMAN Non-Executive - Independent Director 2018-02-06 5
MURUGAPPAN ARUNACHALAM MURUGAPPAN ARUN Non-Executive - Non Independent Director · Chairperson 2021-02-10 4
M KARUNAKARAN Executive Director · CEO 2021-02-10 1
MUKESH AHUJA Non-Executive - Non Independent Director 2021-10-22 2
ARUN VENKATACHALAM Non-Executive - Non Independent Director 2023-05-09 1
VENKATARAMANI ANATHARAMAKRISHNAN Non-Executive - Independent Director 2024-05-09 4
ARUNA THANGARAJ Non-Executive - Independent Director 2025-07-30 2
Board Committees
CommitteeMembers
Audit Committee LAKSHMINARAYANAN RAMKUMAR (Chairperson), VENKATARAMANI ANATHARAMAKRISHNAN, SANGAMPALAYAM KANDASAMI SUNDARARAMAN, ARUNA THANGARAJ
Nomination and remuneration committee VENKATARAMANI ANATHARAMAKRISHNAN (Chairperson), MURUGAPPAN ARUNACHALAM MURUGAPPAN ARUN, SANGAMPALAYAM KANDASAMI SUNDARARAMAN
Stakeholders Relationship Committee SANGAMPALAYAM KANDASAMI SUNDARARAMAN (Chairperson), ARUN VENKATACHALAM, M KARUNAKARAN
Risk Management Committee LAKSHMINARAYANAN RAMKUMAR (Chairperson), MUKESH AHUJA, M KARUNAKARAN, ARUN VENKATACHALAM
Corporate Social Responsibility Committee SANGAMPALAYAM KANDASAMI SUNDARARAMAN (Chairperson), MURUGAPPAN ARUNACHALAM MURUGAPPAN ARUN, M KARUNAKARAN, ARUNA THANGARAJ

Charges & Borrowings of Shanthi Gears Limited

Open charges
₹0
Satisfied charges
₹170.2 Cr
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
DateLenderAmountStatus
20 Nov 2009 Idbi Bank Limited ₹10 Cr Satisfied
29 Mar 2007 Icici Bank Limited ₹25 Cr Satisfied
05 Oct 2006 State Bank of Hyderabad ₹15 Cr Satisfied
20 Jul 2006 Hdfc Bank Limited ₹10 Cr Satisfied
10 Jul 2005 The Hongkong and Shanghai Banking Corporation Limited ₹10 Lakh Satisfied

Total charge records: 13 View all charges

Employees and EPFO Compliance at Shanthi Gears Limited

Shanthi Gears Limited has a workforce of 813 employees as of Apr 09, 2024.

Employee count
813
Active EPFO establishments
3
Employee growth
9.72%
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Employee and EPFO history for Shanthi Gears Limited

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GST Compliance of Shanthi Gears Limited

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GST registrations and filing compliance for Shanthi Gears Limited

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Credit Ratings, Litigation & Regulatory Alerts for Shanthi Gears Limited

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Credit ratings, litigation, and regulatory alerts for Shanthi Gears Limited

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MSME Payment Delays by Shanthi Gears Limited

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MSME payment history for Shanthi Gears Limited

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Subsidiaries & Group Companies of Shanthi Gears Limited

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Corporate group structure for Shanthi Gears Limited

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MCA Filings & Documents of Shanthi Gears Limited

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MCA filings and documents for Shanthi Gears Limited

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Recent Activity on Shanthi Gears Limited

Directors
05 May 2026
Kasthurirangaian Ilango was appointed as a Additional Director on 05 May 2026 & has been associated with this company since 3 months 18 days.
Activity
30 Jul 2025
Shanthi Gears Limited last Annual general meeting of members was held on 30 Jul 2025 as per latest MCA records.
Directors
30 Jul 2025
Thangaraj Aruna was appointed as a Director on 30 Jul 2025 & has been associated with this company since 1 year 22 days.
Activity
31 Mar 2025
Shanthi Gears Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore.
Directors
09 May 2024
Venkataramani Anantharamakrishnan was appointed as a Director on 09 May 2024 & has been associated with this company since 2 years 3 months.
Directors
09 May 2023
Arun Venkatachalam was appointed as a Director on 09 May 2023 & has been associated with this company since 3 years 3 months.

Frequently Asked Questions about Shanthi Gears Limited

Shanthi Gears Limited is an active public limited company in the machinery and equipment sector based in Coimbatore, Tamil Nadu, India. It was incorporated on 01 July 1972 (54+ years old) and is registered under CIN L29130TZ1972PLC000649. Listed on BSE: 522034 and NSE: SHANTIGEAR. The company has 813 employees.

Shanthi Gears Limited reported revenue of ₹518.72 Cr for FY 2026 (down 14.21% YoY) based on standalone NSE filings.

The current directors of Shanthi Gears Limited are:

The primary industry of Shanthi Gears Limited is machinery and equipment. The company specifically operates in industrial machinery manufacturing. The company is currently active in this sector.

Yes. Shanthi Gears Limited is listed on both BSE (code: 522034) and NSE (symbol: SHANTIGEAR).

Shanthi Gears Limited can be reached at the registered office: 304A Trichy Road Singanallur, Coimbatore, Tamil Nadu, India – 641005, or through the website shanthigears.com.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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