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 ended 30th June 2026.

Highlights

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

  • Revenue of ₹115.49 Crores was recorded in Q1 FY27 as against ₹134.89 Crores in Q1 FY26.
  • The Profit before tax for the quarter was ₹14.17 Crores as against  ₹ 30.62 Crores in Q1 FY26.
  • Achieved Return on average Invested Capital (ROIC) of 17% in Q1 FY27.
  • The Company generated Free Cash Flow of ₹ 16.2 Crores during Q1 FY27.
  • The Unexecuted order book as on 30th June 2026 was ₹ 378 Crores.