Schaeffler India Ltd.
Snapshot View

6670.00 -183.00 ▼-2.7%

27 July 2021, 11:13:00 A.M.
Volume: 1,417

Overview View Details

Sector Automobile & Ancillaries Compare with Sector peers
Industry Bearings Compare with Industry peers
Website http://www.schaeffler.co.in
Financial Indicators
Market Cap 21,422.98 Cr.
Earnings per share (EPS) 167.23 Trailing Twelve Months Ending 2021-06
Price-Earning Ratio (PE) 40.98 Trailing Twelve Months Ending 2021-06
Industry PE 47.54 Trailing Twelve Months Ending 2021-06
Book Value / Share 1,054.44 Trailing Twelve Months Ending 2021-06
Price to Book Value 6.50 Calculated using Price: 6,853.00
Dividend Yield 0.55 Period Ending 2020-12
No. of Shares Subscribed 3.13 Cr. 31,260,734 Shares
FaceValue 10
Company Profile

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

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-2.67%
1 Week
+23.33%
1 Month
+19.05%
3 Month
+25.65%
6 Month
+53.05%
1 Year
+84.63%
2 Year
+65.16%
5 Year
+58.99%
9 years 2012-12 2013-12 2014-12 2015-12 2016-12 2017-12 2018-12 2019-12 2020-12
Return on Equity (%) 19.83 13.07 14.61 16.51 14.12 20.52 16.74 12.97 9.54
Return on Capital Employed (%) 29.31 20.01 22.35 24.78 21.83 31.03 24.79 18.82 13.21
Return on Assets (%) 14.87 9.84 11.05 12.78 11.12 15.49 12.17 9.99 7.52

Balance Sheet View Details

Particulars 9 years 2012-12 Rs. Cr. 2013-12 Rs. Cr. 2014-12 Rs. Cr. 2015-12 Rs. Cr. 2016-12 Rs. Cr. 2017-12 Rs. Cr. 2018-12 Rs. Cr. 2019-12 Rs. Cr. 2020-12 Rs. Cr.
Shh. Funds 880 990 1,107 1,289 1,475 2,325 2,706 2,962 3,140
Non Curr. Liab. 31 40 50 32 25 86 12 22 63
Curr. Liab. 233 304 277 334 351 753 1,017 638 912
Minority Int.
Equity & Liab. 1,144 1,333 1,434 1,655 1,851 3,164 3,735 3,622 4,115
Non Curr. Assets 473 594 495 526 552 913 1,071 1,357 1,401
Curr. Assets 671 740 940 1,129 1,299 2,251 2,664 2,265 2,714
Misc. Exp. not W/O
Total Assets 1,144 1,333 1,434 1,655 1,851 3,164 3,735 3,622 4,115

Profit Loss View Details

Particulars 9 years 2012-12 Rs. Cr. 2013-12 Rs. Cr. 2014-12 Rs. Cr. 2015-12 Rs. Cr. 2016-12 Rs. Cr. 2017-12 Rs. Cr. 2018-12 Rs. Cr. 2019-12 Rs. Cr. 2020-12 Rs. Cr.
Net Sales 1,447 1,402 1,632 1,724 1,796 3,933 4,562 4,361 3,762
Other Income 45 46 41 56 68 64 134 64 60
Total Income 1,491 1,448 1,673 1,781 1,865 3,997 4,696 4,424 3,822
Total Expenditure -1,226 -1,218 -1,390 -1,419 -1,499 -3,254 -3,865 -3,726 -3,225
PBIDT 266 230 283 362 366 743 831 698 597
Interest -2 -1 -2 -3 -2 -11 -8 -4 -6
Depreciation -30 -43 -49 -66 -64 -138 -149 -159 -194
Taxation -74 -64 -79 -96 -104 -200 -212 -167 -106
Exceptional Items -5 -43 0
PAT 159 122 153 197 195 388 420 368 291

Cash Flow View Details

Particulars 9 years 2012-12 Rs. Cr. 2013-12 Rs. Cr. 2014-12 Rs. Cr. 2015-12 Rs. Cr. 2016-12 Rs. Cr. 2017-12 Rs. Cr. 2018-12 Rs. Cr. 2019-12 Rs. Cr. 2020-12 Rs. Cr.
Cash Fr. Operatn. 137 162 117 182 193 401 238 510 649
Cash Fr. Inv. -172 -52 -195 -222 -139 -305 -184 -366 -432
Cash Fr. Finan. -21 -10 -13 -17 -22 -88 -52 -171 -122
Net Change -56 100 -91 -57 32 8 2 -27 95
Cash & Cash Eqvt 111 211 120 65 97 140 143 116 211

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 74.13 74.13 74.13 74.13 74.13 74.13 74.13 74.13 74.13
Public 25.87 25.87 25.87 25.87 25.87 25.87 25.87 25.87 25.87
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Thu, 22 Jul 2021
Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation
Wed, 21 Jul 2021
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Analyst Conference call
Wed, 21 Jul 2021
Financial Results For Q2 FY2021
The financial results for Q2 FY2021 are attached for your records.

Technical Scans View Details

Mon, 26 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Increasing Relative Strength - Benchmark index Increasing Relative Strength - Benchmark index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index

Related Stocks View Details

Stock Name Market Cap(Rs. Cr.) LTP Chg %
Maruti Suzuki India Ltd. 218,579.09 7,273.35 +0.5%
Bajaj Auto Ltd. 111,261.62 3,851.35 +0.4%
Tata Motors Ltd. 97,334.82 294.75 +0.6%
Mahindra & Mahindra Ltd. 93,774.01 752.25 -0.3%
Motherson Sumi Systems Ltd. 72,821.96 232.25 +0.7%
Eicher Motors Ltd. 70,028.44 2,581.00 +0.7%
Hero MotoCorp Ltd. 56,145.95 2,821.95 +0.4%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2021-03 49.80 7,273.35 +0.5%
Bajaj Auto Ltd. Consolidated 2021-06 19.76 3,851.35 +0.4%
Tata Motors Ltd. Consolidated 2021-03 0.00 294.75 +0.6%
Mahindra & Mahindra Ltd. Consolidated 2021-03 51.74 752.25 -0.3%
Motherson Sumi Systems Ltd. Consolidated 2021-03 70.08 232.25 +0.7%
Eicher Motors Ltd. Consolidated 2021-03 51.99 2,581.00 +0.7%
Hero MotoCorp Ltd. Consolidated 2021-03 19.24 2,821.95 +0.4%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2021-03 4.16 7,273.35 +0.5%
Bajaj Auto Ltd. Consolidated 2021-06 3.93 3,851.35 +0.4%
Tata Motors Ltd. Consolidated 2021-03 1.77 294.75 +0.6%
Mahindra & Mahindra Ltd. Consolidated 2021-03 2.27 752.25 -0.3%
Motherson Sumi Systems Ltd. Consolidated 2021-03 6.24 232.25 +0.7%
Eicher Motors Ltd. Consolidated 2021-03 6.12 2,581.00 +0.7%
Hero MotoCorp Ltd. Consolidated 2021-03 3.65 2,821.95 +0.4%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2020-03 0.00 7,273.35 +0.5%
Bajaj Auto Ltd. Consolidated 2021-03 0.00 3,851.35 +0.4%
Tata Motors Ltd. Consolidated 2021-03 2.46 294.75 +0.6%
Mahindra & Mahindra Ltd. Consolidated 2021-03 1.95 752.25 -0.3%
Motherson Sumi Systems Ltd. Consolidated 2020-03 1.13 232.25 +0.7%
Eicher Motors Ltd. Consolidated 2020-03 0.01 2,581.00 +0.7%
Hero MotoCorp Ltd. Consolidated 2021-03 0.02 2,821.95 +0.4%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2020-03 11.52 7,273.35 +0.5%
Bajaj Auto Ltd. Consolidated 2021-03 18.60 3,851.35 +0.4%
Tata Motors Ltd. Consolidated 2021-03 -22.17 294.75 +0.6%
Mahindra & Mahindra Ltd. Consolidated 2021-03 0.57 752.25 -0.3%
Motherson Sumi Systems Ltd. Consolidated 2020-03 11.98 232.25 +0.7%
Eicher Motors Ltd. Consolidated 2020-03 19.13 2,581.00 +0.7%
Hero MotoCorp Ltd. Consolidated 2021-03 20.03 2,821.95 +0.4%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2020-03 14.71 7,273.35 +0.5%
Bajaj Auto Ltd. Consolidated 2021-03 24.16 3,851.35 +0.4%
Tata Motors Ltd. Consolidated 2021-03 -1.27 294.75 +0.6%
Mahindra & Mahindra Ltd. Consolidated 2021-03 6.52 752.25 -0.3%
Motherson Sumi Systems Ltd. Consolidated 2020-03 12.08 232.25 +0.7%
Eicher Motors Ltd. Consolidated 2020-03 24.36 2,581.00 +0.7%
Hero MotoCorp Ltd. Consolidated 2021-03 25.96 2,821.95 +0.4%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2020-03 75,660.00 7,273.35 +0.5%
Bajaj Auto Ltd. Consolidated 2021-03 27,741.08 3,851.35 +0.4%
Tata Motors Ltd. Consolidated 2021-03 249,794.75 294.75 +0.6%
Mahindra & Mahindra Ltd. Consolidated 2021-03 89,026.76 752.25 -0.3%
Motherson Sumi Systems Ltd. Consolidated 2020-03 63,536.80 232.25 +0.7%
Eicher Motors Ltd. Consolidated 2020-03 9,153.58 2,581.00 +0.7%
Hero MotoCorp Ltd. Consolidated 2021-03 30,959.19 2,821.95 +0.4%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2020-03 5,559.20 7,273.35 +0.5%
Bajaj Auto Ltd. Consolidated 2021-03 4,550.70 3,851.35 +0.4%
Tata Motors Ltd. Consolidated 2021-03 -13,016.14 294.75 +0.6%
Mahindra & Mahindra Ltd. Consolidated 2021-03 230.44 752.25 -0.3%
Motherson Sumi Systems Ltd. Consolidated 2020-03 1,237.00 232.25 +0.7%
Eicher Motors Ltd. Consolidated 2020-03 1,795.73 2,581.00 +0.7%
Hero MotoCorp Ltd. Consolidated 2021-03 2,982.61 2,821.95 +0.4%