Shanti Gears - Moving in top Gear.

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Emerging companies - Mid caps that can become large cap
The Equity Desk Forum :Investment Ideas - Creating winning portfolios! :Emerging companies - Mid caps that can become large cap

Topic: Shanti Gears - Moving in top Gear.

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Author	Message
basant Admin Group Joined: 01/Jan/2006 Location: India Online Status: Offline Posts: 18403	Posted: 25/Sep/2006 at 9:15am
	Yes. Now I have started to recognize these events. Not saying that this list would not help just tried sharing an experience as to what could happen even after a stock enters a hall of fame. Shanti Gears looks an excellent company to invest in.
	'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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basant Admin Group Joined: 01/Jan/2006 Location: India Online Status: Offline Posts: 18403	Posted: 18/Oct/2006 at 12:24pm
	For the September quarter Shanthi Gears reported a decent 32% growth in sales to Rs 47.05 crores from 35.67 crores in the relevant quarter of the previous year.The operating profit increased by 42%. Operating profit increasing at a rate greater then sales is always a good sign for any company. It means that the company is able to spread its fixed costs over a larger number of units. The Net profit for the same period grew by 44% to Rs 6.89 crores from Rs 4.80 crores.The EPS for the quarter was at Rs 0.85 per share. The company saw an ijncrease in operating margin to 37.58% from 34.90% y-o-y. The stock remains a good long term buy.
	'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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Chaman Newbie Joined: 16/Nov/2007 Online Status: Offline Posts: 20	Posted: 16/Nov/2007 at 4:56pm
	Basant ji and others, has anyone looked at Shanthi Gears recently? I had a look at its financials for the past 3 years: - Its sales have grown at more than 26% per annum. - Operating Profit margin has been around 33%. - Net Profit has grown at more than 30% per annum. - RoE has been 27-29%. Till recently, I have been very confident about Shanthi Gears. Basant ji's lack of confidence has made me look at it again. Also, it has suddenly jumped to touch Rs. 95 y'day. So wanted to get more opinion on this, incase I need to change my stance on this.
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basant Admin Group Joined: 01/Jan/2006 Location: India Online Status: Offline Posts: 18403	Posted: 16/Nov/2007 at 8:25pm
	i was talking from the stock performance point of view also they export so the overhhang remains. Otherwise co. has given decent results.
	'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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kumardiwesh Senior Member Joined: 26/May/2008 Location: India Online Status: Offline Posts: 721	Posted: 06/Sep/2008 at 11:10pm
	The net profit of Shanthi Gears rose 13.2% to Rs 11.17 crore on a 13.5% rise in sales to Rs 60.28 crore in Q1 June 2008 over Q1 June 2007. Belgium-based Hansen Transmissions International NV, owned by Pune-based Suzlon Energy, is planing to buy between 50% and 100% of Shanthi Gears at around a 40%-70% premium to the current market price of Rs 70.
	"History does not tell you the probability of future financial things happening" - Warren Buffett
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nikhil090 Senior Member Joined: 06/Nov/2006 Online Status: Offline Posts: 1344	Posted: 18/Jun/2009 at 12:02pm
	Saw the annual report of Shanthi gears today - Seems a reasonable bet. One point which I noticed was that on sales of around 250 cr, they deduct depreciation of 25 cr. Isn't it very high? 10% of sales? can this be conservative accounting and reduces profit quite a lot? Any views??
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hit2710 Senior Member Joined: 15/Jun/2009 Location: India Online Status: Offline Posts: 4013	Posted: 18/Jun/2009 at 12:20pm
	The company is a good solid company with sound management and manufactures industrial gears for non automotive industries. Company had to buy back some fccbs during the financial year. It is a 1 rupee face value share and a good long term bet because the company is a play on the economic upturn of the manufacturing sector. Rumours off and on come about suzlon and hansen picking up stake but without any take over also the company by itself is very good. It should be a fast growth company if the economy picks up as it is expected to do.
	Stockmarket is a weird place. For every person who buys a stock there is a person who sells it and both think they are very smart.
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BGKGURU Senior Member Joined: 28/Nov/2007 Location: India Online Status: Offline Posts: 635	Posted: 18/Jun/2009 at 11:53am
	I bough it at 45 after result announcement and will buy more below 40.
	Respect the Markets and do MAKE mistakes, but see to it that you can afford to stay in the markets even after the mistake-RJ
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