Schaeffler India Profile
Key Indicators
- Authorised Capital ₹ 125.50 Cr
- Paid Up Capital ₹ 31.26 Cr
- Company Age 62 Year, 10 Months
- Last Filing with ROC 31 Dec 2023
- Satisfied Charges ₹ 282.88 Cr
- Revenue Growth 23.30%
- Profit Growth 39.75%
- Ebitda 33.23%
- Net Worth 17.30%
- Total Assets 16.96%
About Schaeffler India
Schaeffler India Limited (SIL) was founded in India on 27 April 1962 and has a glorious history of 62 years and ten months. Its registered office is in Pune, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 505790 and on the National Stock Exchange(NSE) under SCHAEFFLER.
The Corporate was formerly known as Fag Bearings India Limited. The Company is engaged in the Machinery And Equipment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 December 2023. It's a company limited by shares with an authorized capital of Rs 125.50 Cr and a paid-up capital of Rs 31.26 Cr.
The company has closed loans amounting to ₹282.88 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Schaeffler India Limited India are Mr Tiwari as COMPANY SECRETARY and Hardevi Vazirani as Cfo. Amit Kalyani, Arvind Balaji, Narumanchi Sivakumar, and Six other members serve as directors at the Company.
Company Details
- Location
Pune, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L29130PN1962PLC204515
- Company No.
012340
- Stock Symbol
BSE : 505790 NSE : SCHAEFFLER
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
27 Apr 1962
- Date of AGM
26 Apr 2024
- Date of Balance Sheet
31 Dec 2023
- Listing Status
Listed
- ROC Code
Roc Pune
Industry
Machinery and Equipment
What products or services does Schaeffler India Limited offer?
Schaeffler India Limited offers a wide range of products and services, including Plain Bearings, Spherical Plain Bearings, Ball Bearings and Bearing Assemblies, Cylindrical Roller Bearing, Steering Parts & Components, Tie Rod Ends, Industrial Bearings, INA Bearings, Metal And Non Metal Bearing, Conveyor Systems & Components.
Who are the key members and board of directors at Schaeffler India?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kadam Gopal  | Managing Director | 01-Oct-2019 | Current |
| Mr Tiwari | Company Secretary | 29-Feb-2020 | Current |
| Hardevi Vazirani | CFO | 11-Mar-2024 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Dharmesh Arora | Director | 06-Mar-2017 | Current |
| Arvind Balaji | Director | 06-Nov-2019 | Current |
| Amit Kalyani | Director | 11-Feb-2020 | Current |
| Narumanchi Sivakumar | Additional Director | 06-Nov-2024 | Current |
| Eranti Sumithasri | Director | 15-Jul-2020 | Current |
Andreas Schick  | Director | 28-Oct-2021 | Current |
Financial Performance of Schaeffler India.
Schaeffler India Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 23.3% increase. The company also saw a substantial improvement in profitability, with a 39.75% increase in profit. The company's net worth Soared by an impressive increase of 17.3%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Schaeffler India?
In 2022, Schaeffler India had a promoter holding of 74.13% and a public holding of 25.87%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Kennametal India LimitedNarumanchi Sivakumar is a mutual person
Hikal LimitedAmit Kalyani is a mutual person
Blue Star Engineering & Electronics LimitedArvind Balaji is a mutual person
Ewellix India Private LimitedHardevi Vazirani is a mutual person
Krsv Innovative Auto Solutions Private LimitedKadam Gopal and Hardevi Vazirani are mutual person
Capital Foods Private LimitedNarumanchi Sivakumar is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹282.88 Cr
Charges Breakdown by Lending Institutions
- Union Bank Of India : 96.87 Cr
- Others : 65.00 Cr
- Icici Limited : 40.00 Cr
- Industrial Development Bank Of India : 26.33 Cr
- Union Bank India : 16.16 Cr
- Others : 38.53 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Jan 2017 | Others | ₹30.00 Cr | Satisfied |
| 20 Aug 2013 | Others | ₹35.00 Cr | Satisfied |
| 09 Apr 2003 | Deutsche Bank | ₹2.00 Cr | Satisfied |
| 27 Jun 2002 | Union Bank Of India | ₹1.00 Cr | Satisfied |
| 19 Jun 2002 | Union Bank Of India | ₹3.00 Cr | Satisfied |
How Many Employees Work at Schaeffler India?
Schaeffler India has a workforce of 1585 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Schaeffler India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Schaeffler India's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
