Shanthi Gears PBT up by 19% & Free Cash Flow up by 75% in FY 2024-25
The Board of Directors of Shanthi Gears Limited (SGL), a subsidiary of Tube Investments of India Limited (TII), met today and approved the financial results for the quarter and year ended 31st March 2025.
Highlights
The Company continues to focus on 4 key priorities of Revenue, Profitability, ROIC and Free Cash Flow (FCF).
· Revenue of ₹ 153.2 Crores in Q4 at the same level as compared to ₹ 153.6 Crores in Q4 of previous year. Revenue of ₹ 604.6 Crores in the financial year with a 13% growth over previous year.
· The Profit Before Tax (PBT) of ₹ 31.4 Crores in Q4 at the same level as compared to ₹ 31.9 Crores in Q4 of previous year. PBT of ₹ 130.1 Crores in the financial year with a 19% growth over previous year.
· The Return on Invested Capital (ROIC) is 55% in this financial year from 57% in previous year.
· The Company generated Free Cash Flow (FCF) of ₹ 75.5 Crores during the financial year and registered 75% growth over previous year.
Open order book as on 31st March 2025 was Rs.239 Crores.
The Board of Directors have recommended a final dividend of ₹ 2 per share (200%) for the financial year 2024-25. The total dividend including the interim dividend (₹ 3 already paid ) is ₹ 5 per share (500%) for FY 2024-25.
