It all started in 1969, when ‘Shanthi Engineering & Trading Co.’ was established. This company started manufacturing small gears by way of simple manufacturing process like milling. In 1972, it was converted to Shanthi Gear Products (P) Limited.  

Their guiding principle since then has been always “quality gears”. Slowly but steadily their business expanded. So also the quality, range, Customers and services. Soon, they became the No. 1 (loose) gear manufacturer in the country both in terms of quality and volume.

Propelled for growth, in 1980, Shanthi Gears decided to go in for the manufacture of Worm Reduction Gear Boxes. Braving competition from leading manufacturers including multinationals, Shanthi Gears’ Worm Reduction Gear Boxes gained quick market acceptance. Today, it is rated way above the competition.  

Simultaneously, production of Helical Gear Boxes also started in single, double, triple, and quadruple reductions and in various combinations. Hollow shaft Gear Boxes were also introduced. Solid shafts and Hollow shaft Bevel Helical Reduction Gear Boxes followed suit.   In 1986, Shanthi Gears became a joint stock Company and it is now being listed in the major Stock Exchanges.

The philosophy of Shanthi Gears  has been -- the quality of the finished product is always the sum total of the quality of the raw materials and the components put in. Consequently, facilities for manufacturing Patterns, Centrifugal Castings of phosphor bronze rings, Ferrous Castings, Aluminum Castings, Heat Treatment, Forgings, Fabrications and Cutter Manufacturing were also set up, in-house.  

Foolproof 'Quality Systems' developed over the years ensures products of superior quality and long lasting performance.

Product range of the company includes:

 * Worm Gear Box
 * Helical & Bevel Helical Gear Box
 * Geared Motor
 * Custom-Built Gear Box
 * Mill Gear Box
 * Open Gearing
 * Products for Textile Industries
 * CNC Machine Tools

Shanthi Gears Ltd.

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HDFC Bank Ltd.

ICICI Bank Ltd.

ITC Ltd.

Reliance Industries Ltd.

Tata Motors Ltd.

Market Cap	2,892 Cr		EPS	7.3		High	382
Stock P/E	51.6		Net Profit Margin	NA		Low	371.3

Market Cap	2,892 Cr	ROE	25.7%
P/E Ratio(TTM)	51.6	EPS(TTM)	NA
P/B Ratio	10.0	Dividend Yield	0.7%
Industry P/E	50.7	Book Value	37.8
		Face Value	1.0

SHANTIGEAR