S

Shanthi Gears Limited

SHANTIGEAR
Market snapshot · 2026-08-11 14:17 UTC

399.40

+₹0.05 (+0.01%)

MARKET CAP

₹3.07K Cr

STOCK P/E

48.1x

52W HIGH

₹598.90

52W LOW

₹388.45

BOOK VALUE

₹57.36

EPS

₹8.31

ROE

SECTOR

Consumer Discretionary

DEBT/EQUITY

VOLUME

23,689

P/B RATIO

6.96x

PEG RATIO

-0.84

Sector

Consumer Discretionary

Themes

Auto PartsManufacturingMurugappa Group
D
Dividend
₹563.99₹522.49₹481.00₹439.50₹398.00VolumeDDAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for SHANTIGEAR.

Coverage check

Price Forecast

Current
₹399.40
High Target
Median Target
Low Target
Now₹399.40Aug '25Now12M Target
Price history (1Y)
Analyst target range

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹308.23 - ₹432.0480%
6M₹262.59 - ₹423.3480%
12M₹198.57 - ₹390.1480%
Realized vol: +26.3% · Drift: -32.6%

Revenue Forecast

₹ Cr
Dec '25Current₹117.0
Sep 2026 ETrend estimate range
High₹121.8Base₹112.8Low₹103.8
Mar '25: ₹153.0 · Jun '25: ₹135.0 · Sep '25: ₹132.0 · Dec '25: ₹117.0 · Sep '26: ₹112.8 · Dec '26: ₹100.0
Mar '25Jun '25Sep '25Dec '25Sep '26 EDec '26 E153.0135.0132.0117.0112.8100.0
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Dec '25Current₹2.11
Sep 2026 ETrend estimate range
High₹2.62Base₹2.34Low₹2.06
Mar '25: ₹2.93 · Jun '25: ₹2.96 · Sep '25: ₹2.80 · Dec '25: ₹2.11 · Sep '26: ₹2.34 · Dec '26: ₹1.76
Mar '25Jun '25Sep '25Dec '25Sep '26 EDec '26 E2.932.962.802.112.341.76
PastCurrentTrend estimate: Low / Base / High
Analyst price target unavailable from FMP/yfinance. Analyst pillar unavailable from FMP/yfinance.
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Cautious
28%
Analyst Consensus
Unavailable

Analyst coverage unavailable

Mean upsideNot available

Fundamentals

Weakening

Fundamentals institutional score is 4 using growth durability 4.1.

Valuation

Fairly valued

Valuation institutional score is 53 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Unavailable

No usable analyst target or recommendation data was available.

Technical Structure

Weak Structure

Technicals institutional score is 32 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Unavailable

This data source has not been supplied for the decision payload.

Signal Summary

Market intelligence remains Cautious. Available evidence provides partial support, while fundamentals and valuation remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals WeakeningValuation Fairly valuedTechnical Structure Weak Structure

Key Data Points

Mean Target PriceUnavailable
Mean UpsideNot available
Technical Score32%
Fundamental Score4%
Data CoverageMedium

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 17.9% below historical median. Valuation is declining — currently in the strongly undervalued zone (z-score: -1.77). Confidence: 89%.

Live forward EPS implies next-12-month EPS of ₹3.86. Applying the stock's normalized valuation corridor produces a fair range of ₹208.40 to ₹250.55, with base value near ₹225.04 (-43.5% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Above normalized range

Forward EPS

₹3.86

Forward P/E

103.1x

Base Fair Value

₹225.04

Fair Range

₹208.40 - ₹250.55

Upside To Base

-43.5%

Estimate Source

Live forward EPS

Growth Estimate

-56.8%

P/E
Strongly Undervalued

5Y Average

49.38

Current

47.84

Overvalued

64.91

Undervalued

53.99

EV/EBITDA
Undervalued

5Y Average

33.64

Current

32.58

Overvalued

40.88

Undervalued

27.13

P/B
Strongly Undervalued

5Y Average

8.72

Current

6.94

Overvalued

10.03

Undervalued

7.41

Peers & Comparison

Sector: Consumer Discretionary · Theme: Auto Parts

Auto Parts Peers4 peers
Avg P/E: 43.6x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
JAMNA AUTO IND LTD
JAMNAAUTOAuto Parts
+6.7%8.8%
24.5x
Undervalued
-44% vs avg
+41.2%
SHARDA MOTOR INDS LTD
SHARDAMOTRAuto Parts
+29.6%10.2%
14.9x
Undervalued
-66% vs avg
-8.2%
SEDEMAC MECHATRONICS LTD
SEDEMACAuto Parts
+42.5%10.4%
113.6x
Premium
+161% vs avg
+100.4%
BANCO PRODUCTS (I) LTD
BANCOINDIAAuto Parts
+25.6%12.4%
21.6x
Undervalued
-50% vs avg
+16.2%
WHY THESE PEERS

SHANTHI GEARS LTD trades in line with peers (48.1x vs avg 43.6x), reflecting a fair valuation within the Auto Parts cohort. Peers include JAMNA AUTO IND LTD, SHARDA MOTOR INDS LTD, SEDEMAC MECHATRONICS LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹117 CrDec 2025

Latest net profit

₹18 CrDec 2025

Latest EPS

₹2.11Dec 2025

Net margin

16.3%Dec 2025

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q3 '25Q4 '25Q1 '26Q2 '26Q3 '260.0%6.0%12.0%18.0%24.0%0.00 Cr40 Cr80 Cr120 Cr160 Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q3 '25Q4 '25Q1 '26Q2 '26Q3 '260.00 Cr40 Cr80 Cr120 Cr160 Cr₹0₹1₹2₹3₹4
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOperatingprofitOther incomeProfitbefore taxTax & otherNet Profit0.00 Cr30 Cr60 Cr90 Cr120 Cr

Latest reported period: Dec 2025

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Debt free
202120222023202420250.00 Cr25 Cr50 Cr75 Cr100 Cr
  • Free cash flow
  • Cash & equivalents

Results

MetricMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales123121135126154139155158153135132117
Expenses96.7598.3510710212711012112312210410593.83
Operating Profit23.7720.1325.7220.3422.3925.5630.9331.5427.426.8522.7419.08
OPM %19.26%16.57%18.99%16.2%14.57%18.41%19.94%20.02%17.88%19.91%17.24%16.33%
Other Income2.783.993.943.619.523.393.373.894.013.775.944.07
Depreciation2.882.973.013.014.223.093.233.413.573.663.783.91
Profit before tax26.5524.1229.6623.9531.9128.9534.335.4331.4130.6228.6823.15
Tax %26.67%24.88%29.13%27.22%19.52%25.18%25.28%25.83%28.49%25.9%25%23.33%
Net Profit19.4718.1221.0217.4325.6821.6625.6326.2822.4622.6921.5117.75
EPS in Rs2.542.362.742.273.352.823.343.432.932.962.802.11

All values in Rs. Crore unless otherwise stated. Source: CMIE Prowess, Quarterly Interim Standalone.

Shareholding Pattern

HolderMar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters70.47%70.47%70.47%70.47%70.47%
FII3.23%3.26%3.22%3.16%3.13%
DII0.75%0.48%0.28%0.23%0.23%
Public20.43%20.68%20.87%21.02%21.10%
Others5.12%5.11%5.16%5.12%5.07%
Mar 2026
Promoters
FII
DII
Public
Others