Profit before tax stood at Rs 21.81 crore in Q4 FY26, down 30.56% from Rs 31.41 crore in the year-ago quarter.

Total expenses declined 7.86% YoY to Rs 115.92 crore. Cost of materials consumed stood at Rs 71.82 crore (up 6.13% YoY), while other expenses fell 21.42% to Rs 24.21 crore.

The company reported return on invested capital (ROIC) of 39% and free cash flow of Rs 29.83 crore for FY26.

Order booking hit a record Rs 178 crore in Q4 FY26, up 89% YoY, with the unexecuted order book at Rs 349 crore as on March 31, 2026.

The board has recommended a final dividend of Rs 2 per share (200%) for FY26. Including the interim dividend of Rs 3 already paid, the total dividend stands at Rs 5 per share (500%).

Shanthi Gears is engaged in the design, manufacture, supply, and servicing of gears and gearboxes.