Case study

SHANTIGEAR

Shanthi Gears Limited

Mixed signals1y model +5.3%

Each stock's 10,000-path forecast, rendered as light.

52Score

Shanthi Gears Limited (SHANTIGEAR) Stock Analysis & Case Study

Is SHANTIGEAR a good buy? The data-driven verdict.

Shanthi Gears Limited (SHANTIGEAR) trades at ₹408,on the numbers it mixed signals, a Downstox Snapshot Score of 52/100.

On the numbers, Shanthi Gears Limited (SHANTIGEAR) mixed signals, a Downstox Snapshot Score of 52/100, weighing expensive at 46.8× earnings, ROE of 19.0%, a 56% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

SHANTIGEAR fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹3,152 Cr
Current price
₹408
P/E ratio
46.8×
P/B ratio
7.11×
Book value
₹57
Dividend yield
1.22%
ROCE
25.6%
ROE
19.0%
Piotroski F-Score
6/8

How SHANTIGEAR ranks against the 2,373 companies in our screener

We do not hold a debt-to-equity ratio figure for SHANTIGEAR, as of 9 Aug 2026, so it is not ranked here.

Is SHANTIGEAR overvalued? SHANTIGEAR P/E vs peers

SHANTIGEAR trades at 46.8× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

SHANTIGEAR share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of SHANTIGEAR history (12%/yr drift, 34%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
SHANTIGEAR 2027₹273₹423₹657+5%
SHANTIGEAR 2028₹238₹446₹834+11%
SHANTIGEAR 2029₹217₹469₹1,015+17%
SHANTIGEAR 2030₹205₹494₹1,192+23%
SHANTIGEAR 2031₹197₹521₹1,378+30%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability SHANTIGEAR goes up, or doubles?

56%
Higher in 1 year
Modelled chance the price is above today in 12 months
63%
Higher in 5 years
Modelled chance the price is above today in 5 years
29%
Doubles in 5 years
Modelled chance of reaching ₹804 within 5 years

The bull case for SHANTIGEAR

  • SHANTIGEAR's return on equity of 19.0% ranks in the 82nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • SHANTIGEAR's return on capital employed of 25.6% ranks in the 89th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹1,015.

The bear case & risks

  • SHANTIGEAR's P/E of 45.8x is lower than 29% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹217.

SHANTIGEAR volatility & expected range, how bumpy is the ride?

Over the last 9.8 years SHANTIGEAR compounded at 12%/year with annualized volatility of 34%. That volatility implies a 1-year 80% range of ₹273-₹657, the honest backbone behind any single price target.

SHANTIGEAR price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
5.3%
80% range₹273-₹657
P(price ↑)56%
P(price 2×)3%
3-Year Forecast
2029
₹0
Median (P50)
16.8%
80% range₹217-₹1,015
P(price ↑)60%
P(price 2×)19%
5-Year Forecast
2031
₹0
Median (P50)
29.5%
80% range₹197-₹1,378
P(price ↑)63%
P(price 2×)29%

SHANTIGEAR price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
SHANTIGEAR simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds SHANTIGEAR hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the SHANTIGEAR price target & forecast page.

SHANTIGEAR Piotroski F-Score: 6/8, how financially strong is it?

6/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. SHANTIGEAR scores 6/8, mixed financial health.

SHANTIGEAR MTF margin & leverage across 10 brokers

Margin Trading Facility lets you buy SHANTIGEAR with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox35.00%2.9×
Zerodha50.00%2.0×
Groww29.72%3.4×
Dhan30.00%3.3×
Kotak Neo100.00%1.0×
Pocketful50.00%2.0×
Fyers50.00%2.0×
Anand RathiCHEAPEST29.68%3.4×
Bajaj Broking35.00%2.9×
Share India29.69%3.4×

Compare every broker on the SHANTIGEAR MTF page.

About Shanthi Gears Limited: sector, index & market-cap context

Shanthi Gears Limited (SHANTIGEAR) is a small-cap NSE-listed company, with a market capitalisation of ₹3,152 Cr. See more stocks on our screener.

How the SHANTIGEAR Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Shanthi Gears Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

SHANTIGEAR analysis, FAQs

Is Shanthi Gears Limited (SHANTIGEAR) a good buy?

On the numbers, Shanthi Gears Limited (SHANTIGEAR) mixed signals, a Downstox Snapshot Score of 52/100, weighing expensive at 46.8× earnings, ROE of 19.0%, a 56% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is SHANTIGEAR overvalued or undervalued?

SHANTIGEAR trades at 46.8× earnings, expensive versus the ~22× long-run Nifty average.

What is the SHANTIGEAR share price target for 2031?

SHANTIGEAR's probability-weighted 2031 median target is ₹521, with an 80% range of ₹197-₹1,378 (10,000-path Monte-Carlo).

What is the probability SHANTIGEAR doubles in 5 years?

The modelled probability of SHANTIGEAR reaching ₹804 (2×) within 5 years is 29%.

What is the bull case for SHANTIGEAR?

SHANTIGEAR's return on equity of 19.0% ranks in the 82nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. SHANTIGEAR's return on capital employed of 25.6% ranks in the 89th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

What are the risks in SHANTIGEAR?

SHANTIGEAR's P/E of 45.8x is lower than 29% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

More on SHANTIGEAR