Shanthi Gears Ltd
₹ 490
-0.39%
06 Dec
- 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 ₹ 3,758 Cr.
- Current Price ₹ 490
- High / Low ₹ 545 / 292
- Stock P/E 49.3
- Book Value ₹ 42.6
- Dividend Yield 1.02 %
- ROCE 32.1 %
- ROE 23.8 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 19.0% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 53.1%
- Debtor days have improved from 71.4 to 55.8 days.
- Company's working capital requirements have reduced from 70.5 days to 55.9 days
Cons
- Stock is trading at 11.5 times its book value
* 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 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
172 | 146 | 155 | 155 | 164 | 183 | 214 | 242 | 242 | 216 | 337 | 446 | 495 | |
108 | 102 | 113 | 136 | 134 | 147 | 177 | 200 | 208 | 189 | 277 | 355 | 393 | |
Operating Profit | 65 | 44 | 42 | 18 | 31 | 36 | 37 | 41 | 35 | 27 | 60 | 90 | 102 |
OPM % | 38% | 30% | 27% | 12% | 19% | 20% | 17% | 17% | 14% | 12% | 18% | 20% | 21% |
5 | 8 | 10 | 12 | 9 | 11 | 12 | 12 | 7 | 8 | 9 | 11 | 14 | |
Interest | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 27 | 29 | 26 | 17 | 17 | 18 | 16 | 11 | 8 | 9 | 10 | 11 | 12 |
Profit before tax | 42 | 22 | 26 | 13 | 23 | 28 | 33 | 42 | 33 | 26 | 59 | 90 | 104 |
Tax % | 32% | 30% | 29% | 29% | 23% | 21% | 14% | 21% | 23% | 23% | 28% | 26% | |
28 | 15 | 18 | 9 | 18 | 23 | 29 | 33 | 25 | 20 | 42 | 67 | 76 | |
EPS in Rs | 3.44 | 1.89 | 2.25 | 1.14 | 2.17 | 2.75 | 3.50 | 4.08 | 3.28 | 2.63 | 5.54 | 8.74 | 9.93 |
Dividend Payout % | 29% | 32% | 44% | 44% | 23% | 27% | 29% | 147% | 61% | 57% | 45% | 57% |
Compounded Sales Growth | |
---|---|
10 Years: | 12% |
5 Years: | 16% |
3 Years: | 23% |
TTM: | 22% |
Compounded Profit Growth | |
---|---|
10 Years: | 16% |
5 Years: | 19% |
3 Years: | 39% |
TTM: | 36% |
Stock Price CAGR | |
---|---|
10 Years: | 22% |
5 Years: | 33% |
3 Years: | 60% |
1 Year: | 26% |
Return on Equity | |
---|---|
10 Years: | 10% |
5 Years: | 14% |
3 Years: | 17% |
Last Year: | 24% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 |
Reserves | 240 | 249 | 258 | 263 | 276 | 298 | 310 | 294 | 221 | 229 | 252 | 295 | 319 |
4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
37 | 31 | 31 | 36 | 34 | 41 | 42 | 51 | 54 | 88 | 81 | 76 | 103 | |
Total Liabilities | 289 | 288 | 298 | 306 | 318 | 348 | 360 | 353 | 283 | 325 | 341 | 378 | 430 |
138 | 116 | 95 | 82 | 66 | 65 | 57 | 59 | 60 | 74 | 66 | 70 | 69 | |
CWIP | 6 | 4 | 4 | 4 | 0 | 1 | 0 | 0 | 6 | 0 | 3 | 2 | 1 |
Investments | 0 | 38 | 50 | 16 | 63 | 70 | 114 | 124 | 79 | 47 | 50 | 57 | 77 |
145 | 131 | 149 | 205 | 189 | 212 | 189 | 170 | 138 | 205 | 221 | 248 | 283 | |
Total Assets | 289 | 288 | 298 | 306 | 318 | 348 | 360 | 353 | 283 | 325 | 341 | 378 | 430 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
28 | 49 | 29 | -6 | 46 | 14 | 42 | 27 | 56 | 31 | 35 | 63 | |
-4 | -67 | -12 | 10 | -43 | -13 | -26 | 40 | 24 | -18 | -16 | -26 | |
-16 | -14 | -15 | -5 | -5 | 0 | -17 | -49 | -98 | -12 | -19 | -23 | |
Net Cash Flow | 8 | -32 | 2 | -1 | -2 | 1 | -1 | 18 | -18 | 1 | -1 | 14 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 51 | 63 | 64 | 87 | 86 | 92 | 95 | 85 | 58 | 80 | 78 | 56 |
Inventory Days | 400 | 305 | 335 | 371 | 403 | 397 | 238 | 237 | 192 | 275 | 141 | 113 |
Days Payable | 11 | 24 | 132 | 134 | 129 | 132 | 96 | 105 | 95 | 193 | 97 | 74 |
Cash Conversion Cycle | 440 | 344 | 267 | 325 | 359 | 357 | 237 | 218 | 154 | 163 | 122 | 95 |
Working Capital Days | 120 | 131 | 135 | 180 | 308 | 317 | 230 | 135 | 104 | 87 | 69 | 56 |
ROCE % | 17% | 8% | 10% | 5% | 8% | 10% | 10% | 13% | 12% | 11% | 24% | 32% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 24 Nov
- Clarification On Increase In Volume 23 Nov
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Clarification sought from Shanthi Gears Ltd
23 Nov - Exchange has sought clarification from Shanthi Gears Ltd on November 23, 2023, with reference to Movement in Volume.
- Reclassification Of Promoters 10 Nov
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Termination Of Agreement
3 Nov - Termination of agreement entered for purchasing land and building
Annual reports
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Financial Year 2023
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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
from bse
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]