About
Basic Data Updated:
29 days agoBharat Gears Limited is a company that specializes in the production of a wide range of gears for various vehicles such as tractors, commercial vehicles, buses, and utility vehicles. The products offered by the company include hypoid and spiral gears, differential gears and shafts, complete automotive transmissions, gearbox sub-assemblies, and differential assemblies. The company's target markets include Europe, USA, Mexico, and Asia. With three plants located in Mumbra and Satara in Maharashtra, as well as Faridabad in Haryana, Bharat Gears Limited is able to efficiently cater to the needs of its customers. Additionally, the company also provides on-site construction services for batch and continuous heat-treating furnace systems. Its clientele consists of original equipment manufacturers in the agricultural machinery, commercial vehicle, and construction equipment industries. Some of its notable clients include TATA Motors Ltd, New Holland Tractors, VST Tractors (Mitsubishi), Carraro, John Deere Coffeyville Works, TMA, TDI, and Tier I companies like Dana Corporation in the USA, among others.
Industry
Company Details
- Location
Faridabad, Haryana, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
CIN/LLPIN/FCRN | L29130HR1971PLC034365 |
Company No. | 034365 |
Stock Symbol | BSE : 505688 NSE : BHARATGEAR |
Company Classification | Public Limited Indian Non-Government Company |
Incorporation Date | 23 Dec 1971 |
Date of AGM | 20 Sep 2023 |
Date of Balance Sheet | 31 Mar 2023 |
Listing Status | Listed |
ROC Code | Roc Delhi |
Products or Services related to Bharat Gears Limited
Financials of Bharat Gears Limited
Bharat Gears Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 45.32% increase. The company also saw a substantial improvement in profitability, with a 435.55% increase in profit. The company's net worth Soared by an impressive increase of 46.58%.
Corporate Structure
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People in Bharat Gears Limited
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Executive Team (5)
- Prashant Khattry Company Secretary
Appointment Date: 07-Jun-2010
Status: Current
HM
Hitendra Mishra CEOAppointment Date: 19-Feb-2024
Status: Current
SK
Surinder Kanwar Managing DirectorAppointment Date: 29-Sep-1982
Status: Current
SK
Sameer Kanwar Managing DirectorAppointment Date: 01-Feb-2002
Status: Current
MP
Milind Pujari CFOAppointment Date: 28-May-2014
Status: Current
Board Members(6)
Charges (Loans)
Lender | Amount | Status |
---|---|---|
Idbi Trusteeship Services Limited Creation Date: 27 Sep 2023 | ₹120.00 Cr | Open |
Idbi Trusteeship Services Limited Creation Date: 18 Oct 2022 | ₹80.00 Cr | Open |
Others Creation Date: 07 Jun 2022 | ₹40.00 Cr | Open |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
Ejot-Octaqon Fastening Systems Private Limited
Active 10 years 3 monthsSameer Kanwar is a mutual person
Recent activity within the organization
Charges
A charge registered on 26 Sep 1990 via Charge ID 90045704 with State Bank Of India was fully satisfied on 14 Mar 2024.
14 Mar 2024Director Appointment
Hitendra Narain Mishra was appointed as a Ceo was appointed as a Ceo on 19 Feb 2024 & has been associated with this company since 3 months 1 day .
19 Feb 2024Charges
A charge with Idbi Trusteeship Services Limited of Rs. 120.00 cr registered on 27 Sep 2023 with Charge ID 100795920 was modified on 10 Oct 2023.
10 Oct 2023Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 120.00 cr with Charge ID 100795920 was registered on 27 Sep 2023.
27 Sep 2023Annual General Meeting
Bharat Gears Limited last Annual general meeting of members was held on 20 Sep 2023 as per latest MCA records.
20 Sep 2023
Recent News, Updates & Announcement
- Bharat Gears Q3 FY24 results loss at 55Cr Revenue decreased by 2459 YoY Mint.
Bharat Gears Q3 FY24 results Revenue decreased by 2459 YoY loss at 55Cr.
mint 02 Feb 2024
- Indian manufacturer chooses NUM for CNC grinding machine retrofit.
Machinery-market 03 Feb 2023
- Bharat Gears planning to raise funds via various sources for capex.
Udaipurkiran 11 Oct 2018
- KKR set to enter term loan market with Rs125 crore to Bharat Gears Mint.
KKR and Co which has so far made private equity and structured credit deals in India is in talks to give Rs100125 crore to Bharat Gears as a term loan.
mint 08 May 2017
Frequently asked questions
What is the Incorporation or founding date of Bharat Gears Limited?