Shanthi Gears Reports 28% Decline in Q4 Profit Amid Revenue Drop
Shanthi Gears slips as Q4 PAT declines 28% YoY to Rs 16 cr
Business Standard
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Shanthi Gears, a company specializing in gears and gearboxes, reported a 27.56% decline in net profit to ₹16.27 crore for Q4 FY26, alongside an 11.82% drop in revenue to ₹135.10 crore. Despite these setbacks, order bookings reached a record ₹178 crore, marking an 89% year-on-year increase.
- 01Net profit fell by 27.56% to ₹16.27 crore in Q4 FY26.
- 02Revenue from operations decreased by 11.82% to ₹135.10 crore.
- 03Profit before tax dropped 30.56% to ₹21.81 crore.
- 04Order bookings surged 89% year-on-year to a record ₹178 crore.
- 05The board recommended a total dividend of ₹5 per share for FY26.
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Shanthi Gears, a company engaged in designing and manufacturing gears and gearboxes, experienced a 27.56% decline in net profit, reporting ₹16.27 crore for the fourth quarter of FY26, compared to the previous year. Revenue from operations also fell by 11.82% to ₹135.10 crore. Profit before tax was reported at ₹21.81 crore, down 30.56% from ₹31.41 crore in Q4 FY25. Total expenses decreased by 7.86% to ₹115.92 crore, with the cost of materials consumed rising by 6.13% to ₹71.82 crore. However, the company achieved record order bookings of ₹178 crore, an 89% increase year-on-year, leaving an unexecuted order book of ₹349 crore as of March 31, 2026. The board has proposed a final dividend of ₹2 per share, bringing the total dividend for FY26 to ₹5 per share.
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The decline in profits may affect investor confidence and future funding for operations, but the record order bookings provide a positive outlook for growth.
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