Shanthi Gears Ltd
₹ 364
-1.29%
24 Mar
- close price
About
Shanthi Gears Ltd is in the business of design, manufacture, supply and servicing of gears and gear boxes.[1]
Key Points
- Market Cap ₹ 2,791 Cr.
- Current Price ₹ 364
- High / Low ₹ 400 / 177
- Stock P/E 46.7
- Book Value ₹ 37.8
- Dividend Yield 0.82 %
- ROCE 23.7 %
- ROE 17.0 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Company's working capital requirements have reduced from 86.5 days to 68.9 days
Cons
- Stock is trading at 9.63 times its book value
- Company has a low return on equity of 11.7% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Auto Ancillaries Industry: Auto Ancillaries
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
162 | 172 | 146 | 155 | 155 | 164 | 183 | 214 | 242 | 242 | 216 | 337 | 426 | |
93 | 108 | 102 | 113 | 136 | 134 | 147 | 177 | 200 | 208 | 189 | 277 | 344 | |
Operating Profit | 69 | 65 | 44 | 42 | 18 | 31 | 36 | 37 | 41 | 35 | 27 | 60 | 82 |
OPM % | 43% | 38% | 30% | 27% | 12% | 19% | 20% | 17% | 17% | 14% | 12% | 18% | 19% |
3 | 5 | 8 | 10 | 12 | 9 | 11 | 12 | 12 | 7 | 8 | 9 | 11 | |
Interest | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 27 | 27 | 29 | 26 | 17 | 17 | 18 | 16 | 11 | 8 | 9 | 10 | 11 |
Profit before tax | 44 | 42 | 22 | 26 | 13 | 23 | 28 | 33 | 42 | 33 | 26 | 59 | 82 |
Tax % | 36% | 32% | 30% | 29% | 29% | 23% | 21% | 14% | 21% | 23% | 23% | 28% | |
Net Profit | 28 | 28 | 15 | 18 | 9 | 18 | 23 | 29 | 33 | 25 | 20 | 42 | 60 |
EPS in Rs | 3.41 | 3.44 | 1.89 | 2.25 | 1.14 | 2.17 | 2.75 | 3.50 | 4.08 | 3.28 | 2.63 | 5.54 | 7.79 |
Dividend Payout % | 29% | 29% | 32% | 44% | 44% | 23% | 27% | 29% | 147% | 61% | 57% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 13% |
3 Years: | 12% |
TTM: | 39% |
Compounded Profit Growth | |
---|---|
10 Years: | 4% |
5 Years: | 14% |
3 Years: | 9% |
TTM: | 51% |
Stock Price CAGR | |
---|---|
10 Years: | 21% |
5 Years: | 23% |
3 Years: | 79% |
1 Year: | 95% |
Return on Equity | |
---|---|
10 Years: | 8% |
5 Years: | 11% |
3 Years: | 12% |
Last Year: | 17% |
Balance Sheet
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | |
Reserves | 221 | 240 | 249 | 258 | 263 | 276 | 298 | 310 | 294 | 221 | 229 | 252 | 282 |
4 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
56 | 37 | 31 | 31 | 36 | 34 | 41 | 42 | 51 | 54 | 88 | 81 | 93 | |
Total Liabilities | 289 | 289 | 288 | 298 | 306 | 318 | 348 | 360 | 353 | 283 | 325 | 341 | 383 |
158 | 138 | 116 | 95 | 82 | 66 | 65 | 57 | 59 | 60 | 74 | 66 | 66 | |
CWIP | 8 | 6 | 4 | 4 | 4 | 0 | 1 | 0 | 0 | 6 | 0 | 3 | 1 |
Investments | 0 | 0 | 38 | 50 | 16 | 63 | 70 | 114 | 124 | 79 | 47 | 50 | 60 |
123 | 145 | 131 | 149 | 205 | 189 | 212 | 189 | 170 | 138 | 205 | 221 | 255 | |
Total Assets | 289 | 289 | 288 | 298 | 306 | 318 | 348 | 360 | 353 | 283 | 325 | 341 | 383 |
Cash Flows
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
54 | 28 | 49 | 29 | -6 | 46 | 14 | 42 | 27 | 56 | 31 | 35 | |
-10 | -4 | -67 | -12 | 10 | -43 | -13 | -26 | 40 | 24 | -18 | -16 | |
-26 | -16 | -14 | -15 | -5 | -5 | 0 | -17 | -49 | -98 | -12 | -19 | |
Net Cash Flow | 19 | 8 | -32 | 2 | -1 | -2 | 1 | -1 | 18 | -18 | 1 | -1 |
Ratios
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 58 | 51 | 63 | 64 | 87 | 86 | 92 | 95 | 85 | 58 | 80 | 78 |
Inventory Days | 303 | 400 | 305 | 335 | 371 | 403 | 397 | 238 | 237 | 192 | 275 | 141 |
Days Payable | 28 | 11 | 24 | 132 | 134 | 129 | 132 | 96 | 105 | 95 | 193 | 97 |
Cash Conversion Cycle | 334 | 440 | 344 | 267 | 325 | 359 | 357 | 237 | 218 | 154 | 163 | 122 |
Working Capital Days | 78 | 120 | 131 | 135 | 180 | 308 | 317 | 230 | 135 | 104 | 87 | 69 |
ROCE % | 19% | 17% | 8% | 10% | 5% | 8% | 10% | 10% | 13% | 12% | 11% | 24% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 8 Mar
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
27 Jan - Newspaper Publication for the quarter ended 31st December, 2022
- Corporate Action-Board approves Dividend 25 Jan
- Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer 25 Jan
- Outcome Of Board Meeting 25 Jan
Annual reports
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Financial Year 2010
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Financial Year 2010
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Concalls
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Sep 2016TranscriptNotesPPT
Product Portfolio
The company's product portfolio encompasses a range of customized gearboxes, loose gears, worm gearboxes, and helical gearboxes. [1]