

Shanthi Gears Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 7.67 Cr
- Company Age 52 Year, 9 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 nine 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
- 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
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)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Walter Pillai ![]() | Company Secretary | 29-Mar-2023 | Current |
Muthusamy Karunakaran ![]() | CEO | 01-Feb-2019 | Current |
Ranjan Pati | CFO | 10-Feb-2021 | Current |
Board Members (8)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Mukesh Ahuja ![]() | Director | 22-Oct-2021 | Current |
Muthusamy Karunakaran ![]() | Whole-Time Director and Ceo | Current | |
M Arunachalam ![]() | Director | 10-Feb-2021 | Current |
Arun Venkatachalam ![]() | Director | 09-May-2023 | Current |
Sangampalayam Sundararaman ![]() | Director | 06-Feb-2018 | Current |
Ramkumar Lakshminarayanan ![]() | Director | 03-Sep-2012 | Current |
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%.


- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
---|---|---|---|---|---|---|---|
Total Revenue |
| ||||||
Revenue from Operations |
| ||||||
Total Assets |
| ||||||
Profit or Loss |
| ||||||
Net Worth |
| ||||||
EBITDA |
|
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.

Related Corporates (Common Directorship)
- Vedanayagam Hospital Private Limited
Sangampalayam Sundararaman is a mutual person
- Sundar Ram Enterprise Private Limited
Sangampalayam Sundararaman is a mutual person
- Shiva Texyarn Limited
Sangampalayam Sundararaman is a mutual person
- Parry Enterprises India Limited
Venkataramani Anantharamakrishnan is a mutual person
- Ti Medical Private Limited
M Arunachalam and Mukesh Ahuja are mutual person
- Ip Rings Limited
Venkataramani Anantharamakrishnan is a mutual person
Charges (Loans)
₹0
₹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
Date | Lender | Amount | Status |
---|---|---|---|
20 Nov 2009 | Idbi Bank Limited | ₹10.00 Cr | Satisfied |
29 Mar 2007 | Icici Bank Limited | ₹25.00 Cr | Satisfied |
05 Oct 2006 | State Bank Of Hyderabad | ₹15.00 Cr | Satisfied |
20 Jul 2006 | Hdfc Bank Limited | ₹10.00 Cr | Satisfied |
10 Jul 2005 | The Hongkong And Shanghai Banking Corporation Limited | ₹1.00 M | Satisfied |
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.

Deals i

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

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

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.
- 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 10 months 1 day .
- Balance Sheet
Shanthi Gears Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
- 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 5 months .
- 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 2 months .
- 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 2 months .
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Shanthi Gears Limited?
Shanthi Gears Limited was incorporated on 01 Jul 1972.
What is authorized share capital and paid-up capital of Shanthi Gears Limited?
The authorized share capital of Shanthi Gears Limited is ₹ 10.00 Cr and paid-up capital is ₹ 7.67 Cr.
Who are the current board members & directors of Shanthi Gears Limited?
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
What is the registered address of Shanthi Gears Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Shanthi Gears Limited is 304A Trichy Road, Singanallur India, Coimbatore, Tamil Nadu, 641005.
What is the corporate identification number (CIN) and company number of Shanthi Gears Limited?
The corporate identification number (CIN) of Shanthi Gears Limited is L29130TZ1972PLC000649 and the company number is 000649 as per Ministry of Corporate Affairs (MCA).
Is Shanthi Gears Limited registered with any stock exchange in India?
Yes, Shanthi Gears Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): SHANTIGEAR.
What is the official website of Shanthi Gears Limited?
The Official website of Shanthi Gears Limited is https://www.shanthigears.com
What has been the recent revenue trend for Shanthi Gears Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Shanthi Gears Limited has risen by 32.00%.
How many employees does Shanthi Gears Limited currently have?
As Per 2023 financial reports, 813 employees are currently employed by Shanthi Gears Limited.
What change has been observed in the net worth of Shanthi Gears Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Shanthi Gears Limited has experienced an upsurge of 16.31%.
When was the last Balance Sheet of Shanthi Gears Limited filed with the ROC?
The most recent Balance Sheet for Shanthi Gears Limited was filed with the ROC on 31 Mar 2024.
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
- Vellayan SubbiahDirector
- Subramaniam SamyDirector and Company Secretary
- Sreeram SrinivasanWholetime Director
- Coimbatore KumarDirector
CS
Cherukoori SwaminathanDirectorMV
Melapalayam VijayaraghavanDirectorJB
Janakarathnam BalamuruganDirectorSS
Sangeetha SubramanianWholetime Director
Similar Companies Based on Industrial Machinery Manufacturing
- Sona Blw Precision Forgings Limited Gurugram, Haryana, India
- Schaeffler India Limited Pune, Maharashtra, India
- Lm Wind Power Blades (India) Private Limited Bangaluru, Karnataka, India
- Linde India Limited Kolkata, West Bengal, India
- Zf Wind Power Coimbatore Private Limited Coimbatore, Tamil Nadu, India
- Caterpillar India Private Limited Chennai, Tamil Nadu, India