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Shanthi Gears Ltd

Q2 FY27Industrial Manufacturing

Shanthi Gears Q2 Results 2026 (FY27): Revenue ₹127.98 Cr, PAT ₹15.24 Cr

Q2 FY27 results statement: what the company reported on revenue, margins and order book.

Price₹476
Market cap₹3.7K Cr
P/E54.2
Updated27 Oct 2026
Read2 min read

Shanthi Gears Ltd Q2 FY27 key numbers

Revenue
Revenue recorded in Q2 FY27: ₹127.98 Crores.

As stated in Shanthi Gears Ltd's Q2 FY27 results statement · published 27 Oct 2026. Reported figures, not investment advice.

Based on Shanthi Gears Ltd's Q2 FY27 results statement. The company has not published an earnings-call transcript for this quarter, so figures here are what the results statement reports, not management guidance.

The short version

Revenue recorded in Q2 FY27: ₹127.98 Crores - Revenue recorded in Q2 FY26: ₹131.91 Crores - Year-on-year revenue change: Decrease of ₹3.93 Crores (approximately -3%) - Highest-ever order booking EBITDA for Q2 FY27: ₹28.03 Crores, down 11% YoY from ₹31.47 Crores in Q2 FY26.

From Shanthi Gears Ltd's Q2 FY27 earnings-call transcript · updated 27 Oct 2026.

Revenue & Sales Performance

  • Revenue recorded in Q2 FY27: ₹127.98 Crores
  • Revenue recorded in Q2 FY26: ₹131.91 Crores
  • Year-on-year revenue change: Decrease of ₹3.93 Crores (approximately -3%)
  • Highest-ever order booking in Q2 FY27: ₹192 Crores, representing 37% growth over Q2 FY26

2 more points from Shanthi Gears Ltd's call on revenue

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Profitability & Margins

- EBITDA for Q2 FY27: ₹28.03 Crores, down 11% YoY from ₹31.47 Crores in Q2 FY26. - Operating margin for Q2 FY27: 21.9%, down from 23.9% in Q2 FY26. - Profit after tax (PAT) for Q2 FY27: ₹15.24 Crores, down 32% YoY from ₹22.48 Crores in Q2 FY26. - No explicit margin outlook is stated in the presented slides or notes. All figures are as per the financial highlights on page 6 of the presentation.

Order Book & Pipeline

  • The company achieved its highest-ever order booking of ₹192 Crores in Q2 FY27.
  • This represents a 37% growth over Q2 FY26.
  • The unexecuted order book as on 30th September 2026 stood at ₹436 Crores.

Top-ranked in Industrial Manufacturing

Ranked on what management guided this quarter

Guidance-ranked
1ICE Make Refrig.
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2Taurian MPS
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3
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4
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5
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Shanthi Gears Ltd — Quarterly revenue & net profit

Revenue Net profit
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26
Jun 2026Q1 FY27
Sep 2026Q2 FY27

Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹128 Cr, net profit ₹16 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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  • Rajoo Engineers Ltd (Q2 FY27)

    Standalone revenue decreased by approximately 23.35% (7,043.54 vs 9,187.90). Key results statement takeaways from Rajoo Engineers Ltd's Q2 FY27 results statemen

  • LMW (Q2 FY27)

    Quarter ended 30th September 2026: ₹1,138.22 crores (Consolidated) . Key results statement takeaways from LMW's Q2 FY27 results statement — and how it ranks aga

  • TRF Ltd (Q2 FY27)

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Frequently Asked Questions

What were Shanthi Gears Ltd Q2 FY27 results?

Revenue recorded in Q2 FY27: ₹127.98 Crores - Revenue recorded in Q2 FY26: ₹131.91 Crores - Year-on-year revenue change: Decrease of ₹3.93 Crores (approximately -3%) - Highest-ever order booking EBITDA for Q2 FY27: ₹28.03 Crores, down 11% YoY from ₹31.47 Crores in Q2 FY26.

What is Shanthi Gears Ltd share price analysis?

Shanthi Gears Ltd currently shows a neutral. The stock trades at a P/E of 54.2 with a market cap of ₹3,651 Cr. Investors should review the full earnings analysis for detailed insights.

Is Shanthi Gears Ltd planning capital expenditure?

The provided pages of the results statement do not mention any capital expenditure (capex), capacity expansion, new plant, or project details, including amounts, status, or timelines.

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This analysis is AI-generated based on publicly available earnings data and the company's results statement. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.