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Schaeffler India Stock Fundamental Analysis - Financial Results & Equity Research | Invest Yadnya Stock-o-Meter

Schaeffler India

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About

Schaeffler India Limited, previously known as FAG Bearings India Ltd, is one of India's major ball and rolling bearing manufacturers, servicing the automotive and multiple core industrial segments. Schaeffler Group is a leading supplier of innovative solutions to automotive and industrial sectors. The Company is engaged in the development, manufacturing and distribution of high-precision roller and ball bearings, engine systems and transmission components, chassis applications, clutch systems and related machine building manufacturing activities. Its manufacturing units are located in Gujarat at Vadodara and Savli, in Maharashtra at Talegaon (Pune) and in Tamilnadu at Hosur.

Highlights

Performing rate for the company

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Relaince Group

Sector: Refineries

Market Price

2,529.50

Market Cap(₹Cr.)

2,529.50

-90.00

Quarterly Results ( Figures in Rs. Crores.)

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Profit & Loss ( Figures in Rs. Crores.)

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Balance Sheet ( Figures in Rs. Crores.)

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Cash Flows ( Figures in Rs. Crores.)

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Historical Growths

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Ratios ()

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Major Shareholders

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Shareholders more than 1%

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Fund houses invested in the stock (Figures in % Equity Capital )

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Corporate Action

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Documents

Presentation & Earning Calls

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Credit Rating

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Overview

Schaeffler India encompasses the Indian operations of Schaeffler Group. The post-merger combined entity offers a vast and diversified mix of products to its automotive and industrial customers. Schaeffler India manufactures these products across its four state-of-the-art facilities in India. The Company also has two dedicated R&D facilities in India that roll out innovative products for the Indian market. Through its thriving after-market network, the Company serves its customers across both the automotive and industrial segments. The company also provides best-in-class training services to important groups such as garages and fleet workshops under the automotive aftermarket and industrial distribution segments. The Company enjoys a prominent position in all its business segments. It has a balanced revenue mix between its automotive and industrial businesses.

Established in 1946, Schaeffler Group is a global automotive and industrial supplier. It manufactures high-precision components and systems for engine, transmission and chassis applications in the automotive segment. The Group also produces rolling and plain bearing solutions for a variety of industrial applications.

The Group owns majority stake in Schaeffler India. With effect from 2018, INA Bearings India Private Limited and LuK India Private Limited merged with Schaeffler India Limited (erstwhile FAG Bearings India Limited). The objective of the merger was to consolidate the Group’s India businesses and optimise the potential of the merged entity. Schaeffler AG, the Group’s flagship company, is a publicly listed stock corporation incorporated under the German law, with its registered office in Herzogenaurach.

Business area of the company

Schaeffler is actively engaged in innovating and shaping the global pace of change. With innovative technologies, products, and services for CO₂-efficient drives, electric mobility, Industry 4.0, digitalization, and renewable energies, the company is a reliable partner for making motion and mobility more efficient, intelligent, and sustainable.

Products & solutions

Automotive OEM:

  • Chassis components and systems
  • Clutches and transmission systems
  • Engine components and precision products
  • Drives for hybrid and Electric Vehicles (EVs)

Industrial:

  • Rolling and plain bearings
  • Linear guidance system
  • Maintenance products
  • Maintenance services
  • Mechatronics
  • Digital services

Automotive Aftermarket Replacement parts for:

  • Transmission
  • Engine components
  • Chassis components
  • Intelligent solutions for Repair and service points via platforms such as REPXPERT

Awards

  • 2017: Aisin: Quality Achivement Performe Certificate
  • 2017: Honda: Quality and Delivery Award
  • 2017: Inova - LUK Desempenho Empresarial 2017
  • 2018: Bosch - Certificate of Recognition
  • 2018: Clarus Technology: Destaque Sustentavel
  • 2018: CNH: Suppliers Excellence Awards
  • 2018: Inova - LUK Desempenho Empresarial 2018
  • 2018: Inova - LUK Embreagem 2018
  • 2018: NEI Magazine - NEI Top Five
  • 2018: Quality Achivement Performe Certificate
  • 2018: Sindirepa - FAG Best of the year
  • 2018: Sindirepa - INA Best of the year
  • 2018: Sindirepa - LUK Best of the year
  • 2019: GM: Supllier Quality Excellence Award
  • 2019: Makita: Performance Certificate
  • 2019: Bosch - Supplier Quality Excellence Award
  • 2019: Sindirepa - FAG Best of the year
  • 2019: Sindirepa - INA Best of the year
  • 2019: Sindirepa - LUK Best of the year
  • 2019: VW: Supllier Quality Excellence Award
  • 2020: Sindirepa: FAG Best of the Year 2020
  • 2020: Sindirepa: INA Best of the Year 2020
  • 2020: Sindirepa: LUK Best of the Year 2020

Milestones

  • 1962: Incorporation of Company
  • 1969: FAG Germany acquired shares from Norma Hoffman
  • 1975: Expansion: Railway Bearing plant was commissioned
  • 1986: Name of the company changed to FAG Bearings India Limited
  • 1992: Brand Name changed from NORMA to FAG
  • 1997: JV between LuK and Rane for clutch systems in India
  • 1997: Commissioned export oriented unit for Cylindrical Roller Bearings
  • 1999: Commissioned India's first Wheel Bearing Plant at Vadodara
  • 1999: Production of clutches for Tractors at LuK, Hosur
  • 2001: INA plant set up at Pirangut, Pune
  • 2001: FAG becomes part of Schaeffler Group
  • 2001: Acquisition of Rane LuK to become LuK India
  • 2007: Production of HLA/RFF started at INA, Talegaon
  • 2007: New INA plant inaugurated at Talegaon, Pune. Introduced E1 Spherical Roller Bearings
  • 2011: Commissioned 3rd Generation Wheel Bearing plant at Vadodara
  • 2012: FAG Savli plant inaugurated with advanced Gen C production
  • 2012: LuK : 2nd Plant extension
  • 2012: Production of Hydraulic CRS at LuK, Hosur
  • 2013: Production of OAP started at INA, Talegaon
  • 2015: Schaeffler India - Schaeffler Technology Center
  • 2017: FAG Bearings India Ltd renamed as Schaeffler India Ltd
  • 2017: Announcement of merger
  • 2017: Production of Heavy clutches (Dia 395 and 430) at LuK, Hosur
  • 2018: Closure of merger to form one strong Schaeffler entity in india
  • 2019: Established corporate HQ in Pune
  • 2020: Schaeffler steps up its involvement in Rear Wheel Steering
  • 2020: Schaeffler India signs MoU with Tata Institute of Social Sciences to impart skills training to youth for employability
  • 2020: Schaeffler India’s Automotive Aftermarket division launches wide range of automotive lubricant under the Schaeffler TruPower brand
  • 2020: Schaeffler India launches ‘OPTIME’ making condition monitoring cost-effective for all plant assets
Brands Of Schaeffler India

Brands Of Schaeffler India

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