Shanthi Gears Limited (NSE:SHANTIGEAR)

Shanthi Gears Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Assets

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Equivalents	688.4	13.3	150	6.5	150.9	13.2
Short-Term Investments	867.9	1,571	1,084	817.3	482.1	602.1
Trading Asset Securities	-	572.8	682.8	251	351.1	279.2
Cash & Short-Term Investments	1,556	2,157	1,917	1,075	984.1	894.5
Cash Growth	-16.41%	12.53%	78.38%	9.22%	10.02%	19.81%
Accounts Receivable	964	1,156	1,372	1,180	681.2	722.7
Other Receivables	-	23.2	26.5	41.2	31.6	21
Receivables	965.1	1,181	1,400	1,222	713.3	744.1
Inventory	1,284	530.6	429	852.3	666	641.3
Prepaid Expenses	-	17.6	25.6	15.3	12.6	13.6
Other Current Assets	96.9	110	46.9	113.3	317.6	95.2
Total Current Assets	3,903	3,996	3,819	3,278	2,694	2,389
Property, Plant & Equipment	1,321	1,238	761.8	680.2	649.9	616.8
Long-Term Investments	101.8	101.8	203.1	232.1	203.1	222.1
Other Intangible Assets	5.1	5.2	3.5	6.9	1.5	2.2
Long-Term Deferred Tax Assets	72	70.2	52.6	53.8	44.3	16.1
Other Long-Term Assets	241.5	144.5	203.1	177.5	179.1	161.7
Total Assets	5,644	5,556	5,043	4,428	3,772	3,408

Liabilities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Accounts Payable	639.6	724.5	627	552.5	429.7	440.7
Accrued Expenses	-	79.6	127	106.4	48.3	52.2
Current Income Taxes Payable	-	-	5.4	4.7	26.4	-
Other Current Liabilities	398.6	272.1	245.2	306.4	238.1	306.6
Total Current Liabilities	1,038	1,076	1,005	970	742.5	799.5
Long-Term Unearned Revenue	2.3	4.8	4.8	4.8	4.8	6.9
Pension & Post-Retirement Benefits	56.8	74.3	3.9	0.1	0.7	-
Other Long-Term Liabilities	-	-	-	-	-	1.6
Total Liabilities	1,148	1,155	1,013	974.9	748	808

Shareholders' Equity

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Common Stock	76.7	76.7	76.7	76.7	76.7	76.7
Retained Earnings	-	4,363	3,980	3,404	2,965	2,525
Comprehensive Income & Other	4,420	-39.5	-27.2	-27.3	-18.3	-1.8
Shareholders' Equity	4,497	4,401	4,030	3,453	3,024	2,600
Total Liabilities & Equity	5,644	5,556	5,043	4,428	3,772	3,408

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Net Cash (Debt)	1,506	2,157	1,917	1,075	984.1	894.5
Net Cash Growth	-19.13%	12.53%	78.38%	9.22%	10.02%	19.81%
Net Cash Per Share	19.62	28.12	24.99	14.01	12.83	11.66
Filing Date Shares Outstanding	76.63	76.72	76.72	76.72	76.72	76.72
Total Common Shares Outstanding	76.63	76.72	76.72	76.72	76.72	76.72
Working Capital	2,865	2,920	2,815	2,308	1,951	1,589
Book Value Per Share	58.67	57.36	52.53	45.01	39.41	33.89
Tangible Book Value	4,491	4,395	4,026	3,446	3,022	2,597
Tangible Book Value Per Share	58.61	57.29	52.48	44.92	39.39	33.86
Land	-	36.6	34.9	34.9	28.6	28.6
Buildings	-	324.3	272	254.5	241	234.1
Machinery	-	1,677	1,350	1,171	1,193	1,063
Construction In Progress	-	257.9	49	41	20.3	31.9

Data Source: S&P Global Market Intelligence Last updated: Oct 26, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 12, 2026

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