Shanthi Gears Ltd (SGL) is in the engineering sector. The current market capitalisation stands at Rs 1,193.05 crore (US$ 194.19 million). The company has reported a standalone sales of Rs 36.77 crore (US$ 5.98 million) and a Net Profit of Rs 2.27 crore (US$ 369,511.56) for the quarter ended September 2014.
Commencing business as a gear manufacturer for the textile industry in 1969, SGL diversified into the manufacture of standard (off-the-shelf) and customised (non-standard) gears over the years. SGL caters to various industries including steel, compressors, power, earthmoving equipment, cement and textiles. SGL’s product portfolio encompasses a range of customised gear boxes, loose gears, worm gear boxes and helical gear boxes. The Company has manufacturing facilities (including a foundry) located in and around Coimbatore, Tamil Nadu. SGL is listed in both the BSE and NSE.
Shanti Gears: Turning the wheels of industries
|2014||Market capitalization stands at US$ 194.19 million for the quarter ended September 2014.|
|2013||Long term ratings upgraded to [ICRA]AA and short term ratings re-affirmed at [ICRA]A1+ for the bank facilities of SGL.|
|1969||Commenced business as a gear manufacturer for the textile industry.|