What we do Schaeffler India Ltd manufactures precision ball and rolling bearings, engine and transmission components for automotive and industrial sectors. |
Founded in 1,962 |
Market share A major Indian bearing manufacturer with strong market presence in automotive and industrial segments. |
Problem solved Solves needs for high-precision, durable components enabling efficient automotive and industrial machinery operations. |
Top clients or who we serve Serves automotive OEMs, industrial manufacturers, aftermarket customers; operates B2B and B2C sectors. |
Key management Harsha Kadam (MD & CEO), Hardevi Vazirani (Director-Finance & CFO) |
Our journey and innovations Founded 1962, ISO certifications since 1993, first Indian hub bearing producer, multiple expansions, merged INA and LuK India entities to strengthen business. |
Where we operate Primary operations in India with exports; expanded presence in Nepal, Bangladesh, Sri Lanka; global group connection. |
Top products or what we offer Automotive Technologies, Automotive Aftermarket, Industrial Bearings, Engine Systems, Transmission Components, Mechatronics solutions. |
Top brands FAG, INA, LuK; market leaders in automotive and industrial bearings with robust distribution and innovation. |
Raw materials needed Specialized steel and high-grade alloys for bearings and components. |
Raw materials supplier Global steel and alloy suppliers; procures from reputed international and domestic vendors. |
Recurring vs cyclical contribution Revenue mix includes recurring aftermarket sales and cyclical OEM orders influenced by automotive production cycles. |
Our industry position Leading in India’s bearing market with significant revenue and growing export share; part of global Schaeffler Group. |
Financial highlights 2024 revenue approx Rs 80.8 billion, PAT Rs 9.78 billion; witnessed around 11.8% revenue and 7.6% profit growth over prior year. |
Geographical revenue split Approximately Rs 71.8 billion from India, Rs 10.6 billion from outside India in 2024. |
Order book - |
Whats driving growth Demand for automotive components, industrial expansion, new product launches, localization, and technological innovation. |
Our future plans Capex investments to expand facilities in Talegaon & Savli, enhance engineering capabilities, and strengthen R&D. |
Our green promise Committed to sustainability and compliance with environmental standards including ISO 14001. |
Our people and values Focus on talent development, diversity, and corporate governance with a professional and ethical culture. |
Key challenges ahead Global economic uncertainties, raw material cost fluctuations, supply chain risks, and technology shifts in automotive sector. |
Interesting facts First Indian company to produce hub bearings; 2019 recipient of Indian Future of Mobility award; zero warranty supplier awards. |
Risks and strategy Mitigates risks through diversified portfolio, innovation, strong governance, and strategic mergers aligned with global trends. |
