Shanthi Gears Approves FY 2026 Financial Results; Recommends Total Dividend of Rs. 5 Per Share
Shanthi Gears Limited (SGL) announced the approval of its audited financial results for the financial year ended March 31, 2026, following a Board of Directors meeting held on May 5, 2026.The Board also addressed key governance changes, including the retirement of an independent director and the appointment of a new non-executive independent director.
Financial Results for FY 2026
The Company reported comprehensive financial results for the year ended March 31, 2026. The reported data shows the following key figures for the financial year:| Metric | Full Year Ended 31 March 2026 | Full Year Ended 31 March 2025 |
|---|---|---|
| Revenue from Operations | 518.72 | 604.62 |
| Total Income | 538.35 | 619.28 |
| Profit before Tax (PBT) | 102.70 | 130.09 |
| Profit after Tax | 76.66 | 96.03 |
| Earnings Per Share (Basic) | 9.99 | 12.52 |
For the quarter ending March 31, 2026, the company reported a Revenue from Operations of 135.10, compared to 153.21 in the same quarter of the previous year. Profit before tax for the quarter stood at 21.81, down from 31.41 in Q4 FY25.
The company achieved a Return on Invested Capital (ROIC) of 39% and a Free Cash Flow of ₹ 29.83 Crores in the financial year. Furthermore, the company recorded its highest-ever order booking of ₹ 178 Crores in Q4 FY26, marking an 89% growth over Q4 FY25. The unexecuted order book as of March 31, 2026, remained at ₹ 349 Crores.
Dividend and Capital Structure
The Board of Directors recommended a final dividend of Rs. 2/- (Rupees Two only) per equity share of Rs. 1/- each for the financial year 2025-26. This is in addition to the interim dividend of Rs. 3/- per share, making the total recommended dividend for the financial year 2025-26 amount to Rs. 5/- (Rupees Five only) per share.Financially, the consolidated balance sheet as of March 31, 2026, showed Total Assets at 555.59 and Total Equity and Liabilities at 504.32.
Governance and Directorship Updates
The Board meeting also addressed several governance changes:Director Retirement and Appointment:
- Retirement: Mr. L Ramkumar, Independent Director, concluded his term by May 6, 2026.
- Appointment: Mr. K Ilango was appointed as an Additional Director and Independent Director for a term of five years, from May 5, 2026, to May 4, 2031. Mr. K Ilango is noted for his background, holding a Bachelor's degree in Engineering and having nearly three decades of experience in the manufacture of Auto Components.
Management Personnel:
* Mr. Suresh P L stepped down as Head - Technology of the Company, effective June 13, 2026.
Comprehensive Financial Statements
The company released the following statements detailing its financial standing:Statement of Assets and Liabilities (in ₹ Crores):
| Particulars | As at 31 March 2026 | As at 31 March 2025 |
|---|---|---|
| Total Assets | 555.59 | 504.32 |
| Total Equity | 440.06 | 402.99 |
| Total Current Liabilities | 107.62 | 100.46 |
| Total Equity and Liabilities | 555.59 | 504.32 |
Statement of Cash Flows (in ₹ Crores):
| Particulars | Year ended 31 March 2026 | Year ended 31 March 2025 |
|---|---|---|
| Net Cash Flow from operating activities (A) | 70.10 | 90.87 |
| Net Cash Used in Investing Activities (B) | (45.30) | (38.08) |
| Net Cash Used in Financing Activities (C) | (38.47) | (38.44) |
| Cash and Cash Equivalents as at End of the Year | 1.33 | 15.00 |
SHANTIGEAR Stock Price Movement
As of 1:00 PM, shares of Shanthi Gears Limited are slipping by 4.34% in live trading, currently trading at ₹463.1. The stock has seen high volume with 52,939 shares traded, and the equity price has ranged intraday between a high of ₹490 and a low of ₹458.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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