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Shanthi Gears Limited (SHANTIGEAR) Fair Value & Analysis

Industrials · IN · Market cap ₹34.4B

SG Shanthi Gears Limited SHANTIGEAR · NSE
Price₹444.35
Fair Value₹151.80
Upside-65.8%
Quality52/100
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Evidence: High Range ₹84.81 – ₹229.91

Fair value as of: Jul 3, 2026

From 26 valuation models · updated today

Share price +0.4% over the past month.

Price vs Fair Value (12 months)

₹598.99 ₹404.53 Fair Value ₹151.80 Jul 2025 Jul 2026

12‑month range ₹404.53 – ₹598.99 · fair‑value band ₹84.81 – ₹229.91 · the ₹444.35 price screens above the ₹151.80 fair value. As of Jul 3, 2026.

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Analysis

Shanthi Gears Limited (SHANTIGEAR) currently trades at ₹444.35, while our model-based Fair Value estimate is ₹151.80 — implying the stock looks roughly 65.8% overvalued today. We read business quality at 52/100 (solid quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Shanthi Gears Limited generated revenue of ₹5.2B at a net margin of 14.8%. Revenue declined 11.8% year over year. It earns a return on equity of 18.2%. The balance sheet holds a net cash position of ₹752M. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹5.2B
Revenue growth (YoY) -11.8%
Net margin 14.8%
Return on equity 18.2%
Free cash flow ₹254M FY2026
P/E ratio 44.7
More key figures
Operating margin 14.2%
EPS (TTM) ₹10.01
Dividend yield 1.1%
EPS growth (YoY) -27.6%
Net cash ₹752M FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Shanthi Gears Limited designs, manufactures, supplies, and services gears and gear boxes in India, the United States, Europe, and internationally. The company provides helical and bevel helical, worm, extruder, and cooling tower gear boxes, as well as geared motors. It also offers gears and pinions; special gearboxes; and iron, iron castings, phosphor bronze, aluminum bronze, leaded bronze, and copper alloy castings. In addition, the company provides installation support, refurbishment, and on-site services. Its products are used in steel, cement, sugar, crane and material handling, power, paper, rubber and plastics, off-highway and mining, process, compressor, railway, textile, and aerospace applications. The company was founded in 1960 and is based in Coimbatore, India. Shanthi Gears Limited operates as a subsidiary of Tube Investments of India Limited.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Shanthi Gears Limited reported revenue of ₹5.2B in FY2026 versus ₹3.3B in FY2022, a compound +12.0%/yr. Reported net income was ₹767M in FY2026, compounding +15.9%/yr from FY2022.

Revenue +12.0%/yr
FY22 ₹3.3B
FY23 ₹4.5B
FY24 ₹5.4B
FY25 ₹6.0B
FY26 ₹5.2B
Net income +15.9%/yr
FY22 ₹425M
FY23 ₹671M
FY24 ₹823M
FY25 ₹960M
FY26 ₹767M

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Frequently asked questions

Is Shanthi Gears Limited (SHANTIGEAR) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹151.80 versus a price of ₹444.35 — about −66% (overvalued). Model-based estimate, not financial advice.
What is the fair value of SHANTIGEAR?
Our model-based fair value for Shanthi Gears Limited is ₹151.80 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹444.35.
What is the quality score of SHANTIGEAR?
Shanthi Gears Limited has a Quality Score of 52/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Shanthi Gears Limited (SHANTIGEAR)?
Shanthi Gears Limited reported trailing-twelve-month revenue of about ₹5.2B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of SHANTIGEAR?
The net profit margin of Shanthi Gears Limited is about 14.8%, meaning it keeps roughly 14.8% of revenue as net income. Based on the latest reported figures.
Does Shanthi Gears Limited pay a dividend?
Shanthi Gears Limited currently shows a dividend yield of about 1.11% relative to its recent price (as of Jul 3, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.