Schaeffler India Limited is a subsidiary of The Schaeffler Group. The company manufactures ball and roller bearings used in automotive and several other industries. The company has four plants and 11 sales offices in India, and its corporate office is in Pune, Maharashtra. It operates three widely known brands—INA, FAG, and LuK. The company also conducts research and development in India.
On 10 February 2023, the market capitalisation of the company was Rs 42,932.80 crore. It reported consolidated sales of Rs 5560 crore at the end of September 2022. The company is listed on the Bombay Stock Exchange with the code 505790 and the National Stock Exchange with the code SCHAEFFLER.
On 30 September 2022, the company’s shareholding pattern indicated a promoter stake of 74.13 %. The foreign institutional investor stake in the company was 4.81%. Domestic mutual funds and other domestic institutional investors held a stake of 15.04%. Retail investors and others hold a stake of 6.02% in the company. The shareholding pattern has remained largely consistent over the past year.
The company’s board of directors comprises Avinash Gandhi, Harsha Kadam, Satish Patel, Amit Kalyani, Andreas Schick, Arvind Balaji, Corinna Schittenhelm, Dharmesh Arora, Eranti V Sumithasri, and others. The auditors are Walker Chandiok & Co. LLP and BSR & Co. LLP. On 30 September 2022, the company had a total of 15.63 crore shares outstanding.
On 10 February 2023, Schaeffler India Limited’s share price on BSE was Rs 2,743.30 and Rs 2,743.60 on NSE. The share price touched a 52-week high of Rs 3,969.85 and a 52-week low of Rs 1,598.00. Its three-month return to investors was -9.12%, while its one-year return was 60.3%.
On November 2022, Kotak Emerging Equity Direct-G invested Rs 896.2 crore in the company, while Axis Midcap Direct-G and UTI Flexi Cap Direct-G invested Rs 370.24 and Rs 359.34 crore, respectively.
On November 2022, the company had a trailing-twelve-month (TTM) revenue of Rs 5,560.51 crore. The company also had a net profit of Rs 629.12 during the same period.
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Schaeffler India share price as on 20 Apr 2024 is Rs. 3275.7. Over the past 6 months, the Schaeffler India share price has increased by 5.81% and in the last one year, it has increased by 11.31%. The 52-week low for Schaeffler India share price was Rs. 2612.2 and 52-week high was Rs. 3726.05.
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