Shanthi Gears Limited

Financial Results for Quarter Ended 30th June, 2026

Income Statement (₹ in Crores)

  • Revenue from operations: ₹115.49
  • Other income: ₹4.16
  • Total income: ₹119.65

Expenses Breakdown

  • Cost of materials consumed: ₹70.87
  • Changes in inventories of finished goods and work-in-progress: (₹10.98)
  • Employee benefits expense: ₹19.78
  • Depreciation and amortisation expense: ₹5.06
  • Finance Costs: ₹0.11
  • Other expenses: ₹20.64
  • Total expenses: ₹105.48

Profitability Metrics

  • Profit before exceptional items and tax: ₹14.17
  • Exceptional Items (Statutory Impact of new Labour Code): ₹3.22
  • Profit before tax: ₹14.17 (after exceptional items adjustment)
  • Tax expense: ₹4.32
  • Current tax: ₹4.87
  • Deferred tax benefit: (₹0.55)
  • Profit after tax: ₹9.85

Comprehensive Income

  • Other comprehensive income: Not specified
  • Total comprehensive income: ₹9.85

Per Share Data

  • Basic EPS: ₹1.28
  • Diluted EPS: ₹1.28
  • Paid up equity share capital (Face value of ₹1 each): ₹7.67 crores

Comparative Performance

Quarterly Comparison (₹ in Crores)

  • Revenue declined from ₹135.10 crore in Q1 FY26 to ₹115.49 crore in Q1 FY27
  • Net profit decreased from ₹16.27 crore in Q1 FY26 to ₹9.85 crore in Q1 FY27
  • Exceptional item of ₹3.22 crore recorded in current quarter due to new Labour Code impact

Key Notes and Explanations

1. Financial results prepared in accordance with Indian Accounting Standards (Ind AS 34) and SEBI LODR Regulations 2015

2. Company's main business is manufacture of Gearboxes and Gear Products

3. Figures include statutory impact of new Labour Code amounting to ₹3.22 crore for defined benefit obligation, primarily due to change in wage definition

4. The Labour Codes notified by Government of India on 21 November 2025 consolidate 29 existing labour laws

5. No separate reportable segments as per Ind AS 108 - Operating Segments

6. Company does not have any subsidiary/associate/joint venture, hence consolidated results not applicable

7. Previous period figures have been re-grouped/re-classified where necessary