Schaeffler India Ltd

Overview

Schaeffler India Ltd (SIL), is a subsidiary of Schaeffler AG, is a manufacturer and producer of ball/roller bearings and its components. The company’s product portfolio includes linear rolling bearings and linear plain bearings, continuously variable transmission, plain bearings, x-life, and balance shaft dampers, among others. It also offers systems for automatic transmissions, clutch release systems, internal crankshaft damper, arc spring damper, and cylinders, among others. It markets its products under the INA, FAG and LuK brands. The company’s manufacturing facilities are located at Maneja, Talegaon, Savli, and Hosur, in Vadodara, Gujarat, India. SIL is headquartered in Mumbai, Maharashtra, India.
Key Stats
Address
8th Floor, Nariman Bhavan, 227 Backbay Reclamation, Nariman Point, Mumbai, Maharashtra
Headquarters

India

Contact

91 22 66814444

No of Employees

2,794

Industry

Industrial Goods and Machinery

Ticker Symbol & Exchange​

SCHAEFFLER [NSE]

Revenue (2020)

$509 m

-18% (2020 vs 2019)
Net Income (2020)

$39 m

-25.5% (2020 vs 2019)
Net Profit Margin

8 %

-8.3% (2020 vs 2019)
Market Cap *

$3,220 m

EPS *

$1.3

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Schaeffler India LtdTimken India LimitedJamna Auto Industries LtdNRB Bearings Limited
Key Information
Headquarters India India India India
Headquarter City Mumbai BANGALORE New Delhi MUMBAI
Headquarter State/Province Maharashtra - Delhi -
No. of Employees 2,794 1,287 1,112 1,456
Entity Type Public Public Public Public

Products & Services

SIL offers electronic components and parts. The company's key products and services include the following:

Products
  • Rolling Bearings and Plain Bearings
  • Linear Guidance Systems
  • Maintenance Products
  • Vitae Eget Libero
  • Vitae Eget Libero
Services
  • Maintenance Services
  • Digital Services
Brands
  • Schaeffler
  • LuK
  • INA
  • Rutrum Elit
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Harsha Kadam Chief Executive Officer; Managing Director Executive Board 2019 55 Mr. Harsha Kadam serves as the Chief Executive Officer and Managing Director of the company. Previously, he served as the...
Avinash Gandhi Chairman Executive Board - - Mr. Avinash Gandhi serves as the Chairman of the company. He is also a freelance consultant who advised on strategic...
Sameer Mathur Chief Operations Officer Senior Management - 52 Mr. Sameer Mathur serves as the Chief Operations Officer of the company. Previously, he served as the Vice President of...
Satish Patel Chief Financial Officer; Director - Finance Executive Board - 56 Mr. Satish Patel serves as the Chief Financial Officer and Director of Finance at the company. He has more than...
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History

Year Event Description
2019 Contracts/Agreements In September, the company opened its new corporate headquarter in Pune, Maharashtra, India.
2018 New Products/Services In May, the company launched its FAG SNV Housings range, that are quick to mount…
2018 Acquisitions/Mergers/Takeovers In October, the company completed the merger of INA Bearings India Private Limited and LuK…
2017 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
2015 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
2012 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target