The Board of Directors of Shanthi Gears Limited (SGL), a subsidiary of Tube Investments of India Limited (TII), met today and approved the financial results for the quarter and year ended 31st March 2026.

The Company continues to focus on 4 key priorities of Revenue, Profitability, Return on Invested Capital (ROIC) and Free Cash Flow (FCF).

  • Revenue of ₹135.10 Crores was recorded in Q4 FY26 as against ₹153.21 Crores in                  Q4 FY25. Revenue of ₹518.72 Crores in this financial year with a 14% de-growth over previous year due to lower order inflow in H1 and schedule deferment by customers.
  • The Profit before tax (PBT) for the quarter was ₹21.81 Crores as against ₹31.41 Crores in              Q4 FY25. PBT of ₹102.70 Crores in this financial year with a 21% de-growth over previous year due to lower revenue.
  • Achieved Return on Invested Capital (ROIC) of 39% and Free Cash Flow of ₹29.83 Crores in this financial year.

The Company achieved its highest-ever order booking of ₹178 Crores in Q4 FY26 with 89% growth over Q4 FY25. The unexecuted order book as on 31 March 2026 stood at ₹349 Crores.

The Board of Directors have recommended a final dividend of ₹2 per share (200%) for the financial year 2025-26. The total dividend including the interim dividend (₹3 already paid) is ₹5 per share (500%) for FY 2025-26.