Shanthi Gears Limited has submitted a regulatory disclosure intimating the publication of its unaudited financial results for the quarter and half year ended 30th September 2026. The extract of financial results was published in Dinamani (Tamil) and Business Line (English) newspapers on 27th October 2026.
Financial Performance Highlights
Quarter Ended 30th September 2026 (Standalone):
- Revenue from operations: ₹127.99 crore
- Other income: ₹3.10 crore
- Total income: ₹131.09 crore
- Cost of materials consumed: ₹61.61 crore
- Employee benefit expenses: ₹20.75 crore
- Depreciation and amortization: ₹5.48 crore
- Other expenses: ₹24.66 crore
- Total expenses: ₹110.88 crore
- Profit before tax: ₹20.21 crore
- Current tax: ₹3.91 crore
- Tax adjustments: ₹0.58 crore
- Total tax expense: ₹4.49 crore
- Net profit: ₹15.71 crore
Half Year Ended 30th September 2026 (Standalone):
- Revenue from operations: ₹243.48 crore
- Other income: ₹7.26 crore
- Total income: ₹250.74 crore
- Total expenses: ₹216.36 crore
- Profit before tax: ₹34.38 crore
- Total tax expense: ₹8.81 crore
- Net profit: ₹25.57 crore
Comparative Figures (Quarter):
- 30th June 2026: Revenue ₹115.49 crore, Net profit ₹9.85 crore
- 30th September 2025: Revenue ₹131.91 crore, Net profit ₹21.51 crore
Key Financial Metrics
- Earnings per share (face value ₹1): ₹2.05 for Q2 FY27 (basic and diluted)
- Paid-up equity share capital: ₹7.67 crore
- Reserves and surplus: ₹432.39 crore (as of 31st March 2026)
Significant Accounting Impact
The company has disclosed the impact of new labor codes announced by the Indian government on 21st November 2025. The statutory impact of the new labor codes has resulted in an additional provision of ₹4.78 crore for employee benefits, primarily due to changes in the definition of wages. This impact has been presented as 'Statutory impact of new labor code' under exceptional items.
Business Overview
The company's main business is manufacturing gears, gear boxes, and spare parts. There are no separately reportable segments as per Ind AS 108 - Operating Segments.
Additional Information
The full financial results are available on the company's website www.shanthigears.com and can be accessed by scanning the QR code provided in the disclosure.