Schaeffler India Limited
BSE: 505790| NSE: SCHAEFFLER
Sector: Automobile | Industry: Auto Component
01
ABOUT COMPANY
Schaeffler India Limited (hereinafter as “Schaeffler“ or “The Company”) was incorporated on April 27, 1962. The company is part of the Schaeffler group, one of the Germany’s most innovative and one of the world’s largest family-owned companies.
Schaeffler is in the manufacturer of various motion technologies, used in automobiles. The company has three segments automotive technologies, bearing & industrial solutions and vehicle lifetime solution.
In automotive technologies, the company develops and manufactures automotive parts for engine, transmission and chassis applications for ICE (Internal Combustion Engine), hybrid and electric powertrains as well. In bearing & industrial solutions, it offers products such as ball and roller bearings, plain bearings, bearing housings and accessories, linear bearings and ultra precision drives, lubrication products such as grease and oils, maintenance products like mounting and dismounting tools and condition monitoring systems to various industrial sectors through direct sales channels and distributor network. In vehicle lifetime solutions, it offers spare parts and holistic repair solutions under the brands – LuK, INA, and FAG – and also offers garage service under the brand name of REPEXPERT. Schaeffler Group, in 2002, consolidated the renowned brands INA, LuK, FAG and most recently Vitesco.
In automotive technologies, it caters to customers in passenger vehicle, commercial vehicle, tractor and off-highway segments. The customers in bearing & industrial solutions segments operates in the segments such as Renewables, Machinery & Materials, Transportation & Mobility, and Industrial Automation. Lastly, vehicle lifetime solution caters to independent aftermarket customers, fleet operators and dealerships.
| Particulars | FY25 |
|---|---|
| Enterprise Value (₹ Crore) | 49,264 |
| EV/EBITDA | 28 |
| P/E | 44 |
| Revenue Growth % YoY | 17.7% |
| Gross Margin | 38.7% |
| EBITDA Margin | 18.2% |
| Net Margin | 11.9% |
Overview
| Location | Number of Plants | Number of Offices | Total |
| National | 51 | 52 | 103 |
| International | – | – | 0 |
| Grand Total | 51 | 52 | 103 |
Markets Served
|
| Metric | Value |
| Retail Network | 33,000+ |
| Employees | 3,826 |
| Distribution and Channel Partners | 330 |
| Plants | 5 |
| Sales Offices | 5 |
| R&D Centres | 3 |
| State | Location | Registered Office | Corporate Office | Production Plant | Sales Office | R&D Centre | Logistics Warehouse |
| Haryana | Gurugram | – | – | – | Yes | – | yes |
| Gujarat | Vadodara | – | – | Yes | – | Yes | yes |
| Maharashtra | Mumbai | – | – | – | Yes | – | yes |
| Pune | Yes | Yes | Yes | – | Yes | – | |
| Karnataka | Bengaluru | – | – | – | Yes | – | – |
| Tamil Nadu | Hosur | – | – | Yes | – | Yes | yes |
| Chennai | – | – | – | Yes | – | yes | |
| West Bengal | Kolkata | – | – | – | Yes | – | – |
02
Earning Calls Summary
Q2 CY 2026
Q2 Revenue Up 17.5%; Margins Sustain at 19.1% Amid Cost Pressures
Management opened by highlighting multiple customer awards received in the quarter, including zero PPM from Toyota Kirloskar. The quarter saw strong performance despite challenges from geopolitical volatility, rising input costs, and a drop in passenger vehicle production (down 8% sequentially), with the company gaining market share in automotive segments.
Q2 CY26 REVENUE GROWTH
17.5% YoY to ₹2,681 crores
Q2 CY26 EBITDA MARGIN
19.1% (₹513 crores)
GROSS MARGIN IMPROVEMENT CONTRIBUTION
₹147 crores to EBITDA
Key Takeaway: Q2 CY26 revenue grew 17.5% YoY to ₹2,681 crores with EBITDA of ₹513 crores (19.1% margin) and PAT of ₹337 crores (12.6% margin). Automotive Technologies grew 33% YoY, while exports grew 24% YoY. The company faced input cost pressures (fuel, LPG, freight) and wage code impacts, with working capital rising to ₹2,029 crores due to planned inventory buildup.
Concall Notes
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