Shanthi Gears (NSE:SHANTIGEAR) Inventories, Work In Process: ₹390 Mil (As of Mar. 2026)


NSE:SHANTIGEAR Shanthi Gears Ltd NSE:SHANTIGEAR
90 GF Score
Price ₹440.20
GF Value ₹502.04
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Shanthi Gears Inventories, Work In Process?

Shanthi Gears NSE:SHANTIGEAR -0.87% 90 Inventories, Work In Process is ₹390 Mil as of Mar. 2026. GuruFocus rates NSE:SHANTIGEAR with a GF Score™ of 90/100 and a GF Value™ of ₹502.04 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Work in process is the part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. Shanthi Gears's work in process for the quarter that ended in Mar. 2026 was ₹390 Mil.

Shanthi Gears Inventories, Work In Process Historical Data

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The historical data trend for Shanthi Gears's Inventories, Work In Process can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Shanthi Gears Inventories, Work In Process Chart

Shanthi Gears Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventories, Work In Process
Get a 7-Day Free Trial Premium Member Only Premium Member Only 364.00 309.30 398.60 279.00 389.80

Shanthi Gears Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Inventories, Work In Process Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 279.00 0.00 0.00 0.00 389.80
NSE:SHANTIGEAR
90GF Score
Shanthi Gears Ltd NSE:SHANTIGEAR
Inventories, Work In Process is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanthi Gears Inventories, Work In Process Calculation

That part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. This account contains the cost of the direct material, direct labor, and factory overhead placed into the products on the factory floor. A manufacturer must disclose in its financial statements the cost of its work-in-process as well as the cost of finished goods and materials on hand.

What does a Inventories, Work In Process of ₹390 Mil mean?
Shanthi Gears (NSE:SHANTIGEAR) has a Inventories, Work In Process of ₹390 Mil as of Mar. 2026. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Shanthi Gears and its competitors.
Is Shanthi Gears' Inventories, Work In Process too high?
Shanthi Gears' current Inventories, Work In Process is ₹390 Mil. Overall, Shanthi Gears has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanthi Gears' Inventories, Work In Process compare to GEV and ETN?
Shanthi Gears' Inventories, Work In Process of ₹390 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventories, Work In Process for an Industrial Products company?
A good Inventories, Work In Process depends on the Industrial Products industry context. However, Inventories, Work In Process should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventories, Work In Process mean?
A high Inventories, Work In Process can signal that a stock is expensive relative to its fundamentals. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Shanthi Gears and its competitors. Shanthi Gears's current Inventories, Work In Process is ₹390 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanthi Gears stock overvalued right now?
Based on GuruFocus' analysis, Shanthi Gears (NSE:SHANTIGEAR) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹502.04, compared to a current price of ₹440.20 — trading 12.3% below its estimated fair value. The current Inventories, Work In Process is ₹390 Mil. Shanthi Gears' overall GF Score™ is 90/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Work In Process calculated?
Inventories, Work In Process is calculated from a company's financial statements. For Shanthi Gears (NSE:SHANTIGEAR), the current Inventories, Work In Process is ₹390 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Shanthi Gears (NSE:SHANTIGEAR) Overvalued in 2026?

Based on GuruFocus' analysis, Shanthi Gears stock appears to be undervalued. The current stock price of ₹440.20 is trading 12.3% below its estimated GF Value™ of ₹502.04. GuruFocus considers Shanthi Gears to be Modestly Undervalued.

Key valuation signals for NSE:SHANTIGEAR:

  • Inventories, Work In Process: ₹390 Mil
  • GF Value™: ₹502.04 vs. price of ₹440.20 (12.3% below fair value)
  • GF Score™: 90/100 with 2 warning signs

No single metric tells the full story. See the NSE:SHANTIGEAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shanthi Gears Business Description

Other Exchanges 522034:India
Address 304-A, Trichy Road, Singanallur, Coimbatore, TN, IND, 641005
Shanthi Gears Ltd is an India-based company, that engages in the design, manufacture, supply, and servicing of gears and gearboxes. It offers standard worm gearboxes; helical and bevel helical gearboxes; geared motors; cooling tower, extruder, and rolling mill gearboxes; textile gears, and gear assemblies among others. Geographically the company generates maximum revenue within India and the rest from its customers in America, Europe, and other regions.
90GF Score

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Inventories, Work In Process is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹440.20
Price
₹502.04
GF Value