Shanthi Gears Stock Falls 3.32% After Q2 FY26 Profit Falls 16.1% to ₹21.51 Crore

Coimbatore, October 24: Shanthi Gears Limited share price is witnessing negative investor demand today, on October 24. As of 2:15 PM, the shares are down by 3.32%, or 17.50 points, and are currently trading at ₹509.35. Until now, the shares have traded within a range of ₹540.35 and ₹493.65. The current traded volume stands at 2.18 lakh shares, with the company’s market cap at ₹4,042 crore. The shares have their 52-week high at ₹619.80 and their 52-week low at ₹399.

Shanthi Gears Limited is an Indian company that manufactures gearboxes and industrial gears. The company was established in 1972, and is headquartered in Coimbatore, Tamil Nadu. The shares of the company are listed on NSE with the ticker symbol SHANTIGEAR and on BSE with the code 522034.

Key Trigger: Q2 FY26 Profit Falls 16.1% to ₹21.51 Crore

The fall in the share price comes after the company reported a negative financial performance for Q2FY26. Revenue from operations fell by 14.9% to ₹131.91 crore, and total income decreased by 13.0% to ₹137.85 crore. Profit after tax dropped by 16.1% to ₹21.51 crore. The Basic Earnings Per Share (EPS) decreased by 16.2% to ₹2.90. For the first half of the year ended September 2025, the company’s revenue stood at ₹266.80 crore (down from ₹299.90 crore last year), while the profit after tax was ₹44.20 crore (down from ₹47.29 crore).

However, on a positive note, the company’s order book increased 7% as it booked new orders worth ₹138 crore. With this, the company’s current unexecuted order book stands at ₹254 crore, as of September 30. As of September 30, 2025, total assets stood at ₹525.91 crore compared to ₹504.32 crore as of March 31, 2025. The company’s cash and cash equivalents also jumped to ₹17.94 crore from ₹15.00 crore at the end of FY25.

REF: https://nsearchives.nseindia.com/corporate/SHANTIGEAR_24102025134635_Outcome.pdf

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