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Schaeffler India Ltd Performance

Today's Low
3,183.80
arrowIcon
Today's High
3,317.60
52 Wk Low
2,612.20
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52 Wk High
3,726.05


Open

3254.9

Traded Value (Cr)

13.16 Cr

Prev. Close

3257.6

VWAP

3263.62

Volume

81,936

Face Value

2

Schaeffler India Ltd Fundamentals

Market Cap
₹ 50,131 Cr
P/E Ratio (TTM)
55.66
P/B Ratio
10.43
Debt to Equity
0.01
ROE
18.71 %
EPS (TTM)
57.62
Dividend Yield
0.81%
Book Value
307.44

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Schaeffler India Ltd Financials

Schaeffler India Ltd Financials

Schaeffler India Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 74.13 % 74.13 % 74.13 % 74.13 %
Mutual Funds 14.83 % 14.47 % 14.11 % 14.40 %
Retail 4.49 % 4.69 % 4.70 % 4.78 %
FII 4.38 % 4.35 % 4.52 % 4.04 %
Others 2.18 % 2.36 % 2.54 % 2.65 %

Promoters

74.13%

Mutual Funds

14.83%

Retail

4.49%

FII

4.38%

Others

2.18%

Promoters

74.13%

Mutual Funds

14.47%

Retail

4.69%

FII

4.35%

Others

2.36%

Promoters

74.13%

Mutual Funds

14.11%

Retail

4.70%

FII

4.52%

Others

2.54%

Promoters

74.13%

Mutual Funds

14.40%

Retail

4.78%

FII

4.04%

Others

2.65%

Resistance and Support

₹3,215.62

PIVOT

resistance-arrow
Resistance
First Resistance₹3,268.683
Second Resistance₹3,323.217
Third Resistance₹3,376.283
support-arrow
Support
First Resistance₹3,161.083
Second Resistance₹3,108.017
Third Resistance₹3,053.483
RSI74.301
MACD184.302
ADX29.642
CCI67.406

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day81,93617,64743.93
Week66,26245,88475.65
1 Month66,50340,66760.26
6 Months81,93667,84282.80

About Schaeffler India Ltd

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 Talegoan (Pune) and in Tamilnadu at Hosur. The Company offers a diverse range of products and services in three business segments: Automotive, Industrial and Automotive Aftermarket. In addition, it provide training to key garage influencer groups and hold fleet workshops for automotive aftermarket and industrial distribution markets. Its client-centric strategy, emphasis on innovation, and superior distribution network to maintain market leadership in these segments. Sales are evenly distributed across the automotive and industrial categories as well. FAG Bearings India Ltd was incorporated as Precision Bearings India Ltd in the year 1962. In the year 1986, the company changed their name to FAG Precision Bearings Ltd and in the year 1999, they got their present name FAG Bearings India Ltd. In the year 1993 and 1998, they became the first Indian Bearing company to achieve ISO 9001 and QS 9000 certification respectively and in the year 1999, they received ISO 14001 certification. In the year 2000, the company set up India's first production facilities to produce hub bearings. In the year 2001, the company entered a joint venture agreement with FAG Kugelfischer Georg Schaefer AG of Germany and formed FAG Roller Bearings Private Ltd for manufacture of taper roller bearings at Pune in Maharashtra. The Pune plant has the production capacity of 2 million tapered roller bearings of world class quality for automotive and industrial applications and in April 2002, they launched their product in the Indian Market. In 2002, at the global level FAG Kugelfischer Georg Sch fer KGaA became the part of Schaeffler Group. In 2003, FAG Bearings India established Validation Centre. In 2006, FAG Bearings India set up Special Machine Building unit. In 2007, FAG Bearings India commenced production of E1 spherical roller bearing. In 2009, FAG Bearings India achieved OHSAS 18001 Certification. In 2012, the company's new manufacturing unit at Savli near Vadodara was inaugurated. The company commenced production of Low-friction Ball Bearings and Large Size Bearings in October 2012. On 7 July 2017, FAG Bearings India Limited announced name change to Schaeffler India Limited. This change of name is an important step in the rollout of the new global strategy 'Mobility for tomorrow' of the company's parent group, Schaeffler AG. On 27 November 2017, Schaeffler India's INA Bearings Pvt Limited announced the expansion of its operations at Talegaon, Pune with an investment outlay of Rs 200 crore. The expansion will include a new manufacturing facility and a new R&D facility within the existing premises. The new production facility will manufacture engine and transmission components, serving the domestic and exports markets. The R&D facility will focus on enhancing product development and engineering capabilities driving innovation for customers. On 22 March 2018, Schaeffler India Limited announced that the requisite majority of the shareholders and creditors of the company have voted in favour of the scheme of amalgamation of the two unlisted entities, INA Bearings India Private Limited and LuK India Private Limited with Schaeffler India Limited at their respective meetings held on 20 March 2018, in line with the NCLT, Mumbai order and SEBI requirements. The company has also announced that requisite majority of shareholders and creditors of INA India, at their respective meetings, directed by NCLT, Mumbai, have also voted in favour of the merger. NCLT Chennai had dispensed with convening the meetings of creditors and shareholders of LuK India. The company has already obtained no objection clearance from SEBI. Under the scheme, after the sanction of NCLT and post completion of other legal formalities, Schaeffler India Limited shall issue 14.64 million new equity shares, in the ratio of 10 equity shares to shareholders of INA India, for every 65 equity shares held and 10 equity shares to shareholders of LuK India, for every 35 equity shares held. Shareholding of the Promoter group post the merger will be 74.13%. The merger is aimed at leveraging the synergies of the three companies. During the FY2018,the Company issued and allotted 14,643,464 fully paid up Equity Shares having face value of Rs 10/- each of the Company to the shareholders of INA and LuK in respect of Equity Shares held by them in INA and LuK, as per the share entitlement ratio provided under the Scheme. The synergies and economies of scale resulting from our recent unifying merger of three entities into one, and a commitment to sizeable capex into expanding our capabilities and capacity within India, makes Schaeffler a formidable force in the marketplace. During the year 2017-18, the company invested Rs 2,434 million, twice as much what we have done in the past years. These investments are for expanding plant buildings at Talegaon & Savli, and increasing the company's engineering capabilities. On 10 May 2018, Schaeffler India Ltd announced the launch of its new range of FAG SNV Housings with an aim to provide similar German quality products manufactured locally. SNV Housings' application includes agricultural machinery, paper processing industry, mining, materials processing and steel industry as well as power stations. During the FY2019, the company won the '2019 Indian Future of Mobility Product Line Strategy Leadership Award' at Frost & Sullivan's 2019 Intelligent Mobility Awards Banquet. The Hosur plant was awarded with Best Supplier Award by Tractors and Farm Equipment Limited (TAFE) India for achieving Zero PPM consistently in 2019. Schaeffler India, Pune, received the Best Supplier award for Zero Warranty and Zero PPM for 2018 from FCA India. The Company continues to make strategic investments and incurred capex of Rs 3200 million in 2019. During the FY2020, the company invested Rs 2,434 million towards CAPEX. These investments are for expanding plant buildings at Talegaon & Savli, and increasing the company's engineering capabilities. During the year, Schaeffler India won the CII's Supply Chain and Logistics Excellence (SCALE) Award'2020. The company started the Gurgaon Consolidation and Distribution Centre (GCDC) development project, Go-live is planned in February 2021. On account of the spread of COVID-19, the Government of India had imposed a complete nation-wide lockdown on March 24, 2020 leading to shut down of the Company's manufacturing facilities and logistics operations. Since then the Government of India had progressively relaxed lockdown conditions and allowed most of the industries and businesses to resume operations in a phased manner. The Company had resumed its manufacturing facilities post mandatory lockdown. In FY'21, large bearing refurbishment centre was inaugurated in Jamshedpur in partnership with Premier Bearings India Limited, a leading authorised distribution partner for Schaeffler India. It expanded distribution network in domestic market and ventured into the neighboring countries of Nepal, Bangladesh, and Sri Lanka to grow customer base. It expanded horizons and entered new growth sectors, including robotics, construction equipment, escalators, elevators, forklifts, food and beverages, defense, aerospace, and mineral processing. It launched OPTIME, SmartCheck and ProLink from the market. In 2021, the Company expanded product range in Automotive aftermarket segment to include radio coolant for sub-zero temperature markets, universal cross joint, push type clutch for CVs, among others. In addition, it launched shock absorbers that helped diversify the portfolio. During 2021-22, Company launched a new mechatronics centre in Pune, to provide smart solutions to the Indian market; launched wiper blades; increased the number of testing facilities for both local and global requirements; introduced 14 new BS-VI parts to help customers transition to the new norms. Thermal Management Module (TMM) for high-end cars was introduced which requires advanced engine/battery thermal management typically for conventional, fuel-cell, hybrid, and electric vehicles; the Company doubled warehousing capacity and modernised warehouse to service the customers better.

Managing Director

Harsha Kadam

Founded

1962

NSE Symbol

SCHAEFFLER

Schaeffler India Ltd Management

NameDesignation
Renu ChalluIndependent Director
Dharmesh AroraDirector
Satish Chunibhai PatelDirector (Finance) & CFO
Harsha KadamManaging Director & CEO
Arvind BalajiIndependent Director
Amit B KalyaniIndependent Director
Ashish TiwariCompany Sec. & Compli. Officer
E V SumithasriChairperson
Andreas SchickDirector
Corinna SchittenhelmDirector
Jens SchülerDirector

Schaeffler India Ltd News

Schaeffler India announces board meeting date
On 25 April 2024
Schaeffler India re-appoints Harsha Kadam as MD & CEO
Schaeffler India on Friday informed that its board has approved the re-appointment of Harsha Kadam, as the managing director (MD) and CEO of the company for a period of three years with effect from October 1, 2024.
Schaeffler India declines as Q4 PAT slides 6% YoY; declares dividend of Rs 26/share
Schaeffler India fell 1.97% to Rs 3,001.95 after the company reported 5.89% decline in standalone net profit to Rs 217.38 crore in Q4 CY23 as against Rs 230.98 crore posted in Q4 CY22.
Schaeffler India to hold board meeting
On 16 February 2024
Schaeffler India announces change in directorate
With effect from 01 January 2024
Schaeffler India standalone net profit rises 9.12% in the September 2023 quarter
Sales rise 5.23% to Rs 1848.30 crore
Schaeffler Q3 PAT rises 9% YoY in CY23
Schaeffler India said that its standalone net profit for Q3 CY2023 was Rs 235 crore, higher by 9.12% as compared with Rs 215.36 crore recorded in Q2 CY2022.
Schaeffler India announces board meeting date
On 27 October 2023
Schaeffler launches EPXPERT Technical Training Van dedicated to CV segment
Schaeffler India Ltd Spurts 2.85%
Schaeffler India Ltd has lost 13.31% over last one month compared to 0.95% gain in S&P BSE Capital Goods index and 1.03% drop in the SENSEX

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Schaeffler India Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Schaeffler India Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Schaeffler India Ltd's share price is ₹3,275.70 as of April 19, 2024

Schaeffler India Ltd's P/E ratio is 55.66 times as of April 19, 2024.

Schaeffler India Ltd's most recent financial reports indicate a price-to-book ratio of 10.43, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Schaeffler India Ltd's market is 50,131 Cr as on April 19, 2024.

The current financial records of Schaeffler India Ltd show a 18.71% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

The 52-week high/low price of a Schaeffler India Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Schaeffler India Ltd's 52-week high and low as of April 19, 2024 are ₹3317.6 and ₹3183.8 respectively.

As of the Mar 2024 quarter, the promoter shareholding in Schaeffler India Ltd stands at 74.13%. During the same period, Institutional Investors have shown a slight increase in their holdings, rising from 4.35% to 4.38%.