Dear Esteemed Shareholders,
It gives me immense pleasure, on behalf of the Board of Directors, to
present Shanthi Gears Limited (SGL) 52nd Annual Report for the Financial Year ended 31st
March 2025
(FY 2024-25). I trust this message finds you and your loved ones in
great health and high spirits Despite the challenges of global economic volatility,
geopolitical shifts, and evolving market dynamics, Shanthi Gears has displayed remarkable
resilience and continued its growth trajectory Our relentless dedication to operational
excellence, disciplined management, and proactive cost optimization initiatives enabled us
to achieve exceptional milestones This year, we proudly report revenues of 604.62 crores,
with growth of 13% year-on-year, alongside a solid Profit Before Tax of 130.09 crores,
with year-on-year growth of 19%.
Innovation remains central to our strategy Leveraging global best
practices, we've expanded our specialized product catering to high-growth sectors
such as Renewable Energy, Infrastructure, Mining, Aerospace defence and mobility Our
initiatives, notably Shanthi Rebuild and Value Analysis & Value Engineering (VAVE),
have consistently provided our customers with cost-effective, reliable solutions,
significantly reducing their downtime and strengthening enduring partnerships financial At
Shanthi Gears, our greatest asset is our people We continue to invest strategically in
capability enhancement and leadership development, fostering a culture of innovation,
agility, and teamwork These sustained investments have directly contributed to increased
productivity, customer satisfaction, and strengthened competitive positioning
Our unwavering commitment to sustainability remains integral to our
corporate identity By proactively embracing Environmental, Social, and Governance (ESG)
initiatives, we have embedded eco-friendly manufacturing practices, energy efficiency, and
responsible waste management deeply within our operations We recognize that our
sustainable future depends significantly on our ability to positively impact the
environment and communities around us Looking forward, we remain focused on identifying
and capturing strategic market opportunities Continued investments in advanced technology,
digital transformation, and smart manufacturing will further reinforce our competitive
advantage, positioning Shanthi Gears as a resilient leader well-prepared to navigate
future challenges True growth is not just about expanding faster but expanding smarter At
Shanthi Gears, we believe in ‘ Scaling with Systems and Strategy' where
every step forward is backed by process excellence, digital integration, and a clear
strategic roadmap This disciplined approach ensures that we not only grow in size but in
strength, resilience, and value creation for all our stakeholders I extend my sincere
gratitude to our talented and dedicated employees, whose relentless commitment continues
to drive our success My heartfelt appreciation also goes to our Board Members for their
invaluable guidance, our customers and partners for their continued trust, and you, our
esteemed shareholders, for your unwavering support
Together, let us stride forward with confidence, purpose, and
determination towards a future of sustained innovation, growth, and enduring success at
Shanthi Gears