Shanthi Gears
Market Cap
₹6.9b
Last Updated
2019/08/19 12:49 UTC
Data Sources
Company Financials +
Executive Summary
Shanthi Gears Limited designs, manufactures, supplies, and services gears and gear boxes in India and internationally.
Snowflake
Fundamentals
Flawless balance sheet with acceptable track record.
Risks
- Shanthi Gears has significant price volatility in the past 3 months.
- Shanthi Gears is covered by less than 3 analysts.
Share Price & News
How has Shanthi Gears's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-7.5%
NSEI:SHANTIGEAR
-1.5%
IN Machinery
-0.7%
IN Market
1 Year Return
-31.9%
NSEI:SHANTIGEAR
-26.6%
IN Machinery
-12.8%
IN Market
SHANTIGEAR underperformed the Machinery industry which returned -26.4% over the past year.
SHANTIGEAR underperformed the Market in India which returned -12.1% over the past year.
Share holder returns
| SHANTIGEAR | Industry | Market | |
|---|---|---|---|
| 7 Day | -7.5% | -1.5% | -0.7% |
| 30 Day | -15.6% | -9.6% | -3.2% |
| 90 Day | -23.8% | -15.0% | -6.7% |
| 1 Year | -28.7%-31.9% | -25.4%-26.6% | -11.0%-12.8% |
| 3 Year | -23.5%-27.8% | -2.9%-6.6% | 19.2%13.0% |
| 5 Year | -8.8%-14.8% | 38.5%30.8% | 38.0%24.9% |
Price Volatility Vs. Market
How volatile is Shanthi Gears's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 hours ago | Simply Wall St
Should You Be Tempted To Sell Shanthi Gears Limited (NSE:SHANTIGEAR) Because Of Its P/E Ratio?3 weeks ago | Simply Wall St
How Many Shanthi Gears Limited (NSE:SHANTIGEAR) Shares Do Institutions Own?1 month ago | Simply Wall St
Shanthi Gears Limited’s (NSE:SHANTIGEAR) Investment Returns Are Lagging Its IndustryValuation
Is Shanthi Gears undervalued based on future cash flows and its price relative to the stock market?
20.95x
Price to Earnings (PE) ratio
Intrinsic Value Based on Future Cash Flows
Shanthi Gears's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
Shanthi Gears's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
Price Based on Earnings
Shanthi Gears is overvalued based on earnings compared to the IN Machinery industry average.
Shanthi Gears is overvalued based on earnings compared to the India market.
Price Based on Expected Growth
Unable to calculate PEG ratio for Shanthi Gears, we can't assess if its growth is good value.
Price Based on Value of Assets
Shanthi Gears is overvalued based on assets compared to the IN Machinery industry average.
Next Steps
Future Growth
How is Shanthi Gears expected to perform in the next 1 to 3 years based on estimates from 1 analyst?
6.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Shanthi Gears's revenue is expected to grow by 11.7% yearly, however this is not considered high growth (20% yearly).
Shanthi Gears's earnings are expected to grow by 6.8% yearly, however this is not considered high growth (20% yearly).
Shanthi Gears's revenue growth is expected to exceed the India market average.
Shanthi Gears's earnings growth is positive but not above the India market average.
Shanthi Gears's earnings growth is positive but not above the low risk savings rate of 7.6%.
Earnings per Share Growth Estimates
Future Return on Equity
Unable to establish if Shanthi Gears will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Next Steps
Past Performance
How has Shanthi Gears performed over the past 5 years?
23.8%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Shanthi Gears has delivered over 20% year on year earnings growth in the past 5 years.
Shanthi Gears's 1-year earnings growth is less than its 5-year average (7.1% vs 23.8%)
Shanthi Gears's earnings growth has not exceeded the IN Machinery industry average in the past year (7.1% vs 14.2%).
Return on Equity
Shanthi Gears has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
Shanthi Gears used its assets more efficiently than the IN Machinery industry average last year based on Return on Assets.
Return on Capital Employed
Shanthi Gears has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Next Steps
Financial Health
How is Shanthi Gears's financial position?
Financial Position Analysis
Shanthi Gears is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Shanthi Gears's cash and other short term assets cover its long term commitments.
Debt to Equity History and Analysis
Shanthi Gears has no debt.
Shanthi Gears has not taken on any debt in the past 5 years.
Shanthi Gears has no debt, it does not need to be covered by operating cash flow.
Shanthi Gears has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
High level of physical assets or inventory.
Shanthi Gears has no debt, it does not need to be covered by short term assets.
Next Steps
Dividend
What is Shanthi Gears's current dividend yield, its reliability and sustainability?
1.12%
Current Dividend Yield
Dividend Yield and Payments Analysis
Shanthi Gears's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.63%).
Shanthi Gears's dividend is below the markets top 25% of dividend payers in India (2.52%).
Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
Dividends per share have fallen over the past 10 years.
Current Payout to Shareholders
Dividends paid are well covered by earnings (4.3x coverage).
Future Payout to Shareholders
Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
Next Steps
Management
What is the CEO of Shanthi Gears's salary, the management and board of directors tenure and is there insider trading?
1.5yrs
Average board tenure
CEO
M. Karunakaran 0
0.5yrs
Tenure
₹7,104,000
Compensation
Mr. M. Karunakaran serves as a Chief Executive Officer at Shanthi Gears Limited since February 1, 2019 and serves as a Head of Operations & Technical since 2014. He has also completed Advanced Manufacturin ...
CEO Compensation Analysis
M.'s remuneration is higher than average for companies of similar size in India.
Insufficient data for M. to compare compensation growth.
Board Age and Tenure
1.5yrs
Average Tenure
60.5yo
Average Age
The average tenure for the Shanthi Gears board of directors is less than 3 years, this suggests a new board.
Insider Trading
No 3 month open market individual insider trading information.
Ownership Breakdown
Management Team
C. Subramaniam
Compliance Officer & Company Secretary
- Tenure: 0.0yrs
- Compensation: ₹1.68m
Debashis Chattopadhyay
Head of Marketing
- Tenure: 0.0yrs
M. Karunakaran
CEO and Head of Operations & Technical Function
- Tenure: 0.5yrs
- Compensation: ₹7.10m
M. Mahendran
Head of Engineering
- Tenure: 0.0yrs
P. Satishkumar
Head of Costing
- Tenure: 0.0yrs
R. Hariprakash
Head of Research & Development
- Tenure: 0.0yrs
B. Balamurugan
Chief Financial Officer
- Tenure: 2.3yrs
- Compensation: ₹3.31m
Board Members
Vellayan Subbiah (50yo)
Additional Non-Executive Director
- Tenure: 0.5yrs
Sangampalyam Sundararaman (45yo)
Independent Non-Executive Director
- Tenure: 1.5yrs
- Compensation: ₹635.00k
L. Ramkumar (63yo)
Chairman
- Tenure: 1.5yrs
- Compensation: ₹391.67k
N. Samaraj (64yo)
Additional Director
- Tenure: 0.4yrs
J. Balamurugan (58yo)
Independent Non-Executive Director
- Tenure: 6.9yrs
- Compensation: ₹710.00k
Soundara Kumar (65yo)
Independent Non Executive Director
- Tenure: 4.4yrs
- Compensation: ₹620.00k
Company Information
Shanthi Gears Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Shanthi Gears Limited
- Ticker: SHANTIGEAR
- Exchange: NSEI
- Founded: 1960
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: ₹6.885b
- Shares outstanding: 76.72m
- Website: https://www.shanthigears.com
Number of Employees
Location
- Shanthi Gears Limited
- 304-A, Trichy Road
- Singanallur
- Coimbatore
- Tamil Nadu
- 641005
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 522034 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Jan 1996 |
| SHANTIGEAR | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Jan 1996 |
Biography
Shanthi Gears Limited designs, manufactures, supplies, and services gears and gear boxes in India and internationally. The company offers standard products, such as helical and bevel helical, worm, extrude ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/08/19 12:49 |
| End of Day Share Price | 2019/08/19 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.