What we do Bharat Gears Ltd manufactures automotive gears and heat treatment furnaces mainly for commercial vehicles, agricultural machinery, and construction equipment sectors. |
Founded in 1,971 |
Market share Major global supplier with strong presence in India, Europe, USA, Mexico, Brazil, and Asia. |
Problem solved Provides reliable transmission and differential gears to enhance vehicle performance and durability in heavy machinery. |
Top clients or who we serve OEMs in tractor, truck, bus, utility vehicles; aftermarket and global exports; B2B focus. |
Key management - |
Our journey and innovations Started in 1971; expanded with plants in Maharashtra and Haryana; pioneered bevel gear grinding for EVs in 2024. |
Where we operate India, USA, Mexico, Spain, and other international markets. |
Top products or what we offer Ring and pinion gears, transmission shafts, differential gears, gearboxes, and industrial heat treatment furnaces. |
Top brands - |
Raw materials needed Steel and alloys for gear manufacturing. |
Raw materials supplier - |
Recurring vs cyclical contribution Automotive gears contribute ~92% of revenue, indicating relatively stable demand; industrial furnaces contribute balance. |
Our industry position Leading Indian manufacturer with significant exports and technology collaborations enhancing its competitive moat. |
Financial highlights Revenue ₹647.53 crores (FY 2024-25); Net profit ₹3.19 crores with marginal margin improvements despite global headwinds. |
Geographical revenue split India 68%, USA 15.5%, Mexico 2.4%, Spain 5.7%, Others 5.6%. |
Order book - |
Whats driving growth Operational efficiencies, EV gear capabilities, strategic cost-saving, and global market expansion. |
Our future plans Capex for advanced manufacturing and EV segment support; focus on productivity enhancements and debt reduction. |
Our green promise Active CSR engagements with emphasis on education, healthcare, environment, and welfare initiatives. |
Our people and values Committed leadership with a focus on governance, diversity through newly inducted independent directors. |
Key challenges ahead Global economic uncertainties, raw material price volatility, and export demand slowdown due to geopolitical factors. |
Interesting facts First Indian auto component maker to launch high-tech bevel and gear grinder for electric vehicle gears in 2024. |
Risks and strategy Mitigates risks via cost controls, diversified markets, compliance, and continuous innovation for product relevance. |
