Shanthi Gears Approves Q1 FY27 Results, Announces Management Changes
Shanthi Gears Limited (SGL) has announced the unaudited financial results for the quarter ended June 30, 2026. In addition to reviewing its performance in Quarter 1 of Fiscal Year 2027 (Q1 FY27), the Board meeting also addressed key changes in senior management personnel.The company, which is involved in the manufacture of Gearboxes and Gear Products, approved the financial results detailing its operational status.
Q1 FY27 Financial Performance
During the quarter ended June 30, 2026, Shanthi Gears recorded a revenue from operations of ₹1159 Cr, compared to ₹1350 Cr in the corresponding period of Q1 FY26. Profit before tax stood at ₹14.17 Cr, down from ₹30.62 Cr in Q1 FY26.The company maintained a strong operational outlook and generated Free Cash Flow (FCF) of ₹16.2 Crores during Q1 FY27. Furthermore, the unexecuted order book as of June 30, 2026, was recorded at ₹378 Crores.
A summary of key financial metrics for Q1 ended June 30, 2026, and the prior year’s quarter is presented below:
| Metric | Q1 FY27 (Unaudited) | Q1 FY26 (Audited) |
|---|---|---|
| Revenue from Operations | ₹1159 Cr | ₹1350 Cr |
| Profit Before Tax | ₹14.17 Cr | ₹30.62 Cr |
| Return on Invested Capital (ROIC) | 17% | N/A |
| Free Cash Flow (FCF) | ₹16.2 Crores | N/A |
Senior Management Change
The company also announced that Mr. Malliraj S will be stepping down from his role as Head - Strategic Sourcing, effective the closing hours of September 15, 2026, due to personal reasons.Mr. Malliraj S conveyed sincere thanks for the support and guidance received throughout his tenure at the company.
The Board meeting related to the operational review concluded on July 29, 2026.
SHANTIGEAR Stock Price Movement
Shares of Shanthi Gears Limited are shedding value as of 12:41 PM today, with the equity trading at ₹398.1 after slipping by 5.20% in live market action. The plunge places the stock among its lowest points for the year, amid a volume of 98,269 shares being traded.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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