Auto Parts & Equipments company Shanthi Gears announced Q2FY24 results: Revenue of Rs 135.4 crore in Q2FY24 with a 25% growth over Q2FY23. The Profit before tax for Q2FY24 was up by 32% at Rs 29.7 crore as against Rs 22.5 crore in Q2FY23. Focus on cost optimisation and lower Invested Capital enabled improvement in Return on Invested Capital (ROIC) to 72% during Q2FY24. The Company generated Free Cash Flow (FCF) of Rs 19.1 crore during Q2FY24 as against Rs 11.2 crore during Q2FY23. FCF to PAT is 91% in Q2FY24. During Q2FY24, the Company booked orders for Rs 149 crore with a 43% growth over Q2FY23. Result PDF
Auto parts & equipment firm Shanthi Gears announced Q3FY23 results: Q3FY23: Revenue of Rs 114.7 crore with 21% growth over Q3FY22 Profit before tax of Rs 23.4 crore, with 36% growth over Q3FY22 Achieved return on invested capital (ROIC) of 58% during Q3 The company generated free cash flow of Rs 6.5 crore during Q3 During the quarter, the company registered an order booking of Rs 120 crore The board declared an interim dividend of Rs 3 per share (face value Rs 1 per share) for FY23 Result PDF
Auto parts company Shanthi Gears announced Q2FY23 results: Revenue of Rs 108.8 Crores in the quarter with a 52% growth over Q2 of previous year. The Profit before tax for the quarter up by 99% at Rs 22.5 crore as against Rs 11.3 crore in Q2 of previous year. The Profit before tax % to Revenue was 21% for Q2 Focus on cost optimisation and lower capital employed enabled improvement in Return on Invested Capital (ROIC) to 59% during Q2. The Company generated Free Cash Flow of Rs 11.2 crore during Q2. Free Cash Flow to PAT is 68% in Q2. During the quarter the company booked orders for Rs 104 Crores (against Rs 89 Crores for corresponding quarter of the previous year). Pending orderbook as on September 30, 2022 was Rs 270 Crores. Result PDF
Auto Parts & Equipment firm Shanthi Gears Announced Q1FY23 Result : Shanthi Gears Net Profit Up by 57% Revenue of Rs 99 Crs in the quarter with a growth of 48% over Q1 of previous year. The Profit before tax for the quarter up by 54% at Rs 17.7 Crores as against Rs 11.5 Crores in Q1 of previous year. The Profit before tax % to Sales was 18% for Q1. Focus on cost optimisation and lower capital employed enabled to sustain healthy Return on average Invested Capital (ROIC) to 45% during Q1 The Company generated Free Cash Flow of Rs 17.5 Crores during Q1. Free Cash Flow to PAT is 130% in Q1. During the quarterthe Company booked orders for Rs 105 Crores(against Rs 84 Crores for corresponding quarter of the previous year) and Pending order book as on 30th June 2022 was Rs 274 Crores (against Rs 235 Crores in corresponding quarter of the previous year). Result PDF