Shanthi Gears Limited has announced its audited financial results for the quarter and financial year ended March 31, 2026, following a Board Meeting held on May 05, 2026. The company reported a revenue from operations of 135.10 Crores for the current quarter, representing a 15.65% increase from the previous quarter’s 116.82 Crores, but an 11.82% decrease compared to the 153.21 Crores recorded in the corresponding quarter of the previous year. Profit after tax for the quarter stood at 16.27 Crores, showing a marginal growth of 0.49% over the previous quarter’s 16.19 Crores, while witnessing a significant decline of 27.56% from the 22.46 Crores earned in the same period last year. These results reflect a 14% de-growth in annual revenue and a 21% de-growth in annual profit before tax, primarily attributed to lower order inflow in the first half of the year and customer schedule deferments.

Shanthi Gears Limited, a subsidiary of Tube Investments of India Limited and part of the Murugappa Group, is a premier Indian manufacturer specializing in high-quality gearboxes and gear products. Based in Coimbatore, the company operates without separate reportable segments and remains focused on four key operational priorities: Revenue, Profitability, Return on Invested Capital (ROIC), and Free Cash Flow (FCF). Despite the annual revenue decline, the company achieved its highest-ever quarterly order booking of 178 Crores in Q4 FY26, marking an 89% growth over the previous year’s corresponding quarter and resulting in an unexecuted order book of 349 Crores as of March 31, 2026. For the financial year 2025-26, the Board has recommended a final dividend of 2 per share, bringing the total dividend for the year to 5 per share.