Shanthi Gears Ltd

Shanthi Gears Q3 FY26: Record Order Book 📈 But Revenue Dip

- Highest-ever order booking in Q3 FY26: ₹169 Cr (28% growth over Q3 FY25)

- Unexecuted order book as of Dec 31, 2025: ₹305 Cr

- Q3 FY26 revenue: ₹116.82 Cr (down from ₹157.51 Cr in Q3 FY25)

- Q3 FY26 profit before tax: ₹21.59 Cr (vs ₹35.43 Cr in Q3 FY25)

- Return on Invested Capital (ROIC): 31% in Q3 FY26

- Free Cash Flow: Negative ₹1.72 Cr in Q3 FY26 (due to capex)

- Interim dividend declared: ₹3 per share (300%) for FY 2025-26

- CFO Ranjan Kumar Pati to step down effective March 19, 2026