Auto Parts & Equipment firm Shanthi Gears declares Q4FY22 result: Shanthi Gears Net Profit up by 111% The Company continues to focus on 4 key priorities of Revenue growth, Profitability, Return on Invested Capital (ROIC) and Free Cash Flow (FCF). SGL delivered strong performance on all these 4 priorities: Revenue of Rs 337 Crores in the financial year with a 56% growth over previous year. The Profit Before Tax (PBT) of Rs 58.7 Crores in the financial year with a 125% growth over previous year. The Company registered a net profit of Rs.42.5 Crores (111% growth). The Return on Invested Capital (ROIC) improved to 36% in this financial year from 15% in previous year. The Company generated Free Cash Flow of Rs 34.1 Crores during the financial year and registered 61% growth over previous year. Free Cash Flow to PAT is 80%. During the year the Company had booked orders for Rs 386 Crores and registered 27% growth over previous year. Pending orderbook as on 31st March 2022 was Rs 280 Crores against Rs 225 Crores in the previous year. Result PDF
Auto Parts & Equipment company Shanthi Gears declares Q3FY22 result: Shanthi Gears Net Profit Up by 79% The Company continues to focus on 4 key priorities of Revenue growth, Profitability, ROIC and Free Cash Flow (FCF). Highest ever Revenue of Rs 94.7 Crores in the quarter with a 46 % growth over Q3 of previous year. The Profit before tax for the quarter up by 69 % at Rs 17.2 Crores as against Rs 10.2 Crores in Q3 of previous year. The Profit before tax % to Sales was 18 % for Q3. Focus on cost optimisation and lower capital employed enabled to sustain the Return on average Invested Capital (ROIC) to 41% during Q3. The Company generated free cash flow of Rs 13.9 Crores during Q3 and Free cash flow to PAT is 101% in Q3. During the quarter, the Company has registered an order booking of Rs 93 Crores and Pending order book as on 31 st December 2021 is Rs 272 Crores. The Board declared an interim dividend of Rs 2.5/- per share (Face Value Rs 1/- per share) for the financial year 2021-22. Result PDF
Highlights The Company continues to focus on 4 key priorities of Revenue growth, Profitability, ROIC and Free Cash Flow (FCF). Revenue of Rs 71.8 Crores in the quarter with a 34% growth over Q2 of previous year. The Profit before tax for the quarter was at Rs 11.3 Crores as against Rs 8.2 Crores in Q2 of previous year. Focus on cost optimisation and lower capital employed enabled to sustain the Return on Invested Capital (ROIC) to 25% during Q2. During the quarter the Company booked orders for Rs 89 Crores (against Rs 76 Crores for corresponding quarter of the previous year). Pending orderbook as on 30th September 2021 was Rs 260 Crores against Rs 187 Crores in the previous year. Result PDF