Shanthi Gears Limited

This company designs, manufactures, and services gears, gearboxes, and geared assemblies for various industries.

1972 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: October 24, 2024

Shanthi Gears Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 7.67 Cr
  • Company Age 52 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 170.20 Cr
  • Revenue Growth 32.00%
  • Profit Growth 57.88%
  • Ebitda 49.59%
  • Net Worth 16.31%
  • Total Assets 10.90%

About Shanthi Gears

Shanthi Gears Limited (SGL) was founded in India on 01 July 1972 and has a glorious history of 52 years and seven months. Its registered office is in Coimbatore, Tamil Nadu, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 522034 and on the National Stock Exchange(NSE) under SHANTIGEAR.

The Corporate was formerly known as Shanthi Gear Products Ltd. The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 7.67 Cr.

The company has closed loans amounting to ₹170.20 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Shanthi Gears Limited India are Walter Pillai as Company Secretary, Muthusamy Karunakaran as Ceo, and Ranjan Pati as Cfo. Sangampalayam Sundararaman, Ramkumar Lakshminarayanan, M Arunachalam, and Five other members serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    shanthigears.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L29130TZ1972PLC000649

  • Company No.

    000649

  • Stock Symbol

    BSE : 522034 NSE : SHANTIGEAR

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Jul 1972

  • Date of AGM

    29 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Coimbatore

Industry

Machinery and Equipment

What products or services does Shanthi Gears Limited offer?

Shanthi Gears Limited offers a wide range of products and services, including Gearbox, Axle, Sprocket & Gear Parts, Industrial Gearboxes, Worm Gearbox, Helical Gear Box, Bevel Helical Gearbox, Gearbox, Pinion Gearbox, Rolling Mill Gear Box.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Walter Pillai Country flag representing In Company Secretary29-Mar-2023Current
Muthusamy Karunakaran Country flag representing In CEO01-Feb-2019Current
Ranjan Pati CFO10-Feb-2021Current

Board Members (8)

NameDesignationAppointment DateStatus
Mukesh Ahuja Country flag representing In Director 22-Oct-2021Current
Muthusamy Karunakaran Country flag representing In Whole-Time Director and Ceo Current
M Arunachalam Country flag representing Gb Director 10-Feb-2021Current
Arun Venkatachalam Country flag representing In Director 09-May-2023Current
Sangampalayam Sundararaman Country flag representing In Director 06-Feb-2018Current
Ramkumar Lakshminarayanan Country flag representing In Director 03-Sep-2012Current

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%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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%

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 Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹170.20 Cr

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

DateLenderAmountStatus
20 Nov 2009Idbi Bank Limited₹10.00 CrSatisfied
29 Mar 2007Icici Bank Limited₹25.00 CrSatisfied
05 Oct 2006State Bank Of Hyderabad₹15.00 CrSatisfied
20 Jul 2006Hdfc Bank Limited₹10.00 CrSatisfied
10 Jul 2005The Hongkong And Shanghai Banking Corporation Limited₹1.00 MSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Shanthi Gears

Recent activity within the organization

  • Annual General Meeting

    Shanthi Gears Limited last Annual general meeting of members was held on 29 Jul 2024 as per latest MCA records.

    29 Jul 2024

  • Director Appointment

    Venkataramani Anantharamakrishnan was appointed as a Director was appointed as a Director on 12 Jun 2024 & has been associated with this company since 8 months 10 days .

    12 Jun 2024

  • Balance Sheet

    Shanthi Gears Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Director Appointment

    Mukesh Ahuja was appointed as a Director was appointed as a Director on 22 Oct 2021 & has been associated with this company since 3 years 4 months .

    22 Oct 2021

  • Director Appointment

    M A M Arunachalam was appointed as a Director was appointed as a Director on 10 Feb 2021 & has been associated with this company since 4 years 10 days .

    10 Feb 2021

  • Director Appointment

    Sangampalayam Kandasami Sundararaman was appointed as a Director was appointed as a Director on 06 Feb 2018 & has been associated with this company since 7 years 15 days .

    06 Feb 2018

Frequently asked questions

  • Shanthi Gears Limited was incorporated on 01 Jul 1972.

  • The authorized share capital of Shanthi Gears Limited is ₹ 10.00 Cr and paid-up capital is ₹ 7.67 Cr.

  • Currently 11 directors are associated with Shanthi Gears Limited.

    • Sangampalayam Kandasami Sundararaman
    • Ramkumar Lakshminarayanan
    • M A M Arunachalam
    • Venkataramani Anantharamakrishnan
    • Soundara Kumar
    • Muthusamy Karunakaran
    • Mukesh Ahuja
    • Arun Venkatachalam
    • Walter Vasanth Joseph Deva Sagayam Pitchai Pillai
    • Muthusamy Karunakaran
    • Ranjan Kumar Pati
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shanthi Gears Limited is 304A Trichy Road, Singanallur India, Coimbatore, Tamil Nadu, 641005.

  • The corporate identification number (CIN) of Shanthi Gears Limited is L29130TZ1972PLC000649 and the company number is 000649 as per Ministry of Corporate Affairs (MCA).

  • Yes, Shanthi Gears Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): SHANTIGEAR.

  • The Official website of Shanthi Gears Limited is https://www.shanthigears.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shanthi Gears Limited has risen by 32.00%.

  • As Per 2023 financial reports, 813 employees are currently employed by Shanthi Gears Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shanthi Gears Limited has experienced an upsurge of 16.31%.

  • The most recent Balance Sheet for Shanthi Gears Limited was filed with the ROC on 31 Mar 2024.

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