Schaeffler India Ltd

Add to watch list to get report alerts
BSE Code: 505790       NSE Code: SCHAEFFLER

Business Profile
Business Profile
FAG bearings (FAGPREBE), incorporated in 1962 as Precision Bearings, manufactures and sells anti-friction ball bearings and cylindrical and spherical roller bearings. It has technical and financial collaboration with Fag Kugelfischer Gerog Schaefer AG, Germany. FAG Roller Bearings is its joint venture company which produces tapered roller bearings. The company has two manufacturing facilities in the country.

FAG manufactures ball bearings (deep groove, four point and self aligning), cylindrical roller and spherical roller bearings and tapered roller bearings. 65% of its revenues come from the ball bearings, while exports contribute about 13%. FAG has a market share of around 14%.

Its products find applications in various industries like construction machinery, material handling equipment, paper manufacturing, windmills, commercial vehicles, ..etc. The Indian Railways has been a major client for the company. It supplies bearings for traction motors and suspensions and roller bearing axle boxes for high speed locomotives.

Apart from bearings, the company also supplies mounting and dismounting devices and lubricants for maintenance activities. Important clients include automotive companies like Bajaj Auto, Maruti Udyog, Telco, Ford, GM, John Deere, ..etc. The company also supplies to the NTPC and BHEL thermal power plants.

Financials
FAG Bearings India registered a 39.64% growth in net profit to Rs 211.7 million for the quarter ended June 2007 from a profit of Rs 151.6 million for the quarter ended June 2006.

Net sales rose 14.59% to Rs 1550.6 million for the quarter ended June 2007 from Rs 1353.2 million for the quarter ended June 2006.

Total income rose 15.83% to Rs 1576.1 million for the quarter ended June 2007 from Rs 1360.7 million for the quarter ended June 2006.

The earnings per share (EPS) of the company stood at Rs 12.74 for the quarter ended June 2007.

Other Information
Annual Reports for Schaeffler India Ltd
Annual Report YearDownload Annual ReportDownload Report Preview
2020-21
2019-20
2018-19
2017-18
2016-17
2015-16
2014-15
2013-14
2012-13
2011-12
2010-11
2009-10
2008-09
2007-08
2006-07
2005-06
2004-05
2003-04
2002-03
2001-02
2000-01
1999-00
1998-99
1997-98
1996-97

Please Note: Clicking on the download link will add the report to your downloaded reports. You will be able to download it at any time during the subscription period.

Free reports will not be deducted from your subscription.


Request a Report
Close
Select Year   
Description