The Coimbatore-based firm, part of the diversified conglomerate Murugappa Group, had registered a profit after tax (PAT) at Rs 13.44 crore during the corresponding quarter of last year.

Shanthi Gears Ltd reports Q1 PAT up by 34.8%

Total revenue increased 24% to ₹124 crore

Shanthi Gears Q1 net rises 35% to ₹18 cr. on improved sales

Shanthi Gears Standalone June 2023 Net Sales at Rs 121.45 crore, up 22.86% Y-o-Y

Gear and allied products manufacturer Shanthi Gears Ltd has reported profit after tax for the quarter ending March 31, 2023 of Rs 19.47 crore, the company said on Wednesday.

Shanthi Gears reports Q4 profit after tax of Rs 19.47 crore in Q4FY23

Special and final dividend of ₹2 per share

Shanthi Gears Q4 net jumps 60% on increased sales volumes

Shanthi Gears Q3 net profit grows 29% to ₹18 cr.

Shanthi Gears standalone net profit rises 27.38% in the December 2022 quarter

Shanthi Gears buys plant and machinery in Sanand to expand gear manufacturing, service

Shanthi Gears Q2 net more than doubles to ₹16.60 cr.

Shanthi Gears standalone net profit rises 110.13% in the September 2022 quarter

PG Electroplast, Bharat Dynamics, Gujarat Fluorochemicals, Mazagon Dock Shipbuilders, Shoppers Stop, Speciality Restaurants, Deepak Fertilisers & Petrochemicals, Raymond, Shanthi Gears, Shree Renuka Sugars, DB Realty, Vadilal Industries, Mirza International, and Cressanda Solutions are among 50 smal…

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Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Shanthi Gears Limited is a company, which is engaged in the business of design, manufacture, supply and servicing of gears and gear boxes.