Schaeffler India Ltd
About
Schaeffler India Limited is the country’s leading ball and roller bearing company, with a market capitalisation of ₹447 billion. As a subsidiary of the Schaeffler Group, the company specialises in bearings, engine components, and precision motion technology for the automotive, industrial and aerospace sectors in India. Schaeffler operates 4 manufacturing plants across India, with the most recent establishment being the Vadodara-Savli plant in 2012. These plants manufacture a variety of products, including rocker arms, cam rollers, drawn cup needle roller bearings, and clutch release bearings. They also provide services such as concentric slave and clutch master cylinder assembly, and high pressure pipe assembly. The company has been listed on the BSE since November 2000.
Featured In Fortune India Ranking
Financial Data 2023
Financial Data
| PARAMETERS | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 7450 6.2% | 7016 19.6% | 5866 55.6% | 3770 -14.5% | 4408 -9.7% | 4882 22.6% | 3984 107.3% | 1922 7.1% | 1794 7.1% | 1675 13.2% | 1480 1.0% | 1467 8.4% | 1354 25.6% | 1077 37.1% | 786 -4.4% | 822 - |
| Net Operating Income (INR Cr) | 7251 5.58% | 6867 0.00% | 5561 47.81% | 3762 -13.73% | 4361 -4.40% | 4562 15.76% | 3941 119.59% | 1795 4.07% | 1724 5.65% | 1632 16.38% | 1402 -3.06% | 1447 10.55% | 1309 25.81% | 1040 30.12% | 799 7.10% | 746 16.42% |
| Profit (INR Cr) | 899 2.3% | 879 39.8% | 629 116.2% | 291 -20.9% | 368 -12.4% | 420 8.1% | 388 99.2% | 195 -1.2% | 197 29.2% | 153 25.5% | 122 -23.5% | 159 -9.5% | 176 44.8% | 122 85.4% | 66 -31.5% | 96 - |
| Assets (INR Cr) | 4872 11.8% | 4359 17.2% | 3718 15.7% | 3214 6.9% | 3008 7.3% | 2803 14.9% | 2440 62.4% | 1502 14.4% | 1313 15.0% | 1142 12.9% | 1012 11.9% | 904 20.4% | 751 30.9% | 573 24.2% | 462 14.0% | 405 - |
| Net Worth (INR Cr) | 4805 12.1% | 4286 0.0% | 3654 16.4% | 3140 6.0% | 2962 9.5% | 2706 16.4% | 2325 57.6% | 1475 14.6% | 1287 16.5% | 1106 12.0% | 988 12.6% | 877 20.5% | 728 27.4% | 571 24.3% | 459 14.1% | 403 27.6% |
| Employee Cost (INR Cr) | 462 7.3% | 431 9.0% | 395 11.8% | 354 2.4% | 345 8.6% | 318 6.4% | 299 100.1% | 149 13.0% | 132 -4.2% | 138 15.8% | 119 5.5% | 113 11.6% | 101 27.7% | 79 25.7% | 63 -4.4% | 66 - |
| Interest Cost (INR Cr) | 5 | 5 | 5 | 6 | 4 | 8 | 11 | 2 | 3 | 2 | 1 | 2 | 2 | 1 | 1 | 0 |
| Cash & Bank Balance (INR Cr) | 1586 | 1555 | 1416 | 1246 | 835 | 848 | 894 | 641 | 470 | 329 | 238 | 195 | 233 | 288 | 173 | 64 |
| Total Debt (INR Cr) | 51 | 57 | 61 | 65 | 0 | 58 | 69 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Key Financial Ratios
| PARAMETERS | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 12.1% | 12.5% | 10.7% | 7.7% | 8.3% | 8.6% | 9.8% | 10.2% | 11.0% | 9.1% | 8.2% | 10.9% | 13.0% | 11.3% | 8.3% | 11.7% |
| Profit As % Of Assets | 18.5% | 20.2% | 16.9% | 9.1% | 12.2% | 15.0% | 15.9% | 13.0% | 15.0% | 13.4% | 12.0% | 17.6% | 23.4% | 21.2% | 14.2% | 23.6% |
| Profit As % Of Networth | 18.7% | 20.5% | 17.2% | 9.3% | 12.4% | 15.5% | 16.7% | 13.2% | 15.3% | 13.8% | 12.3% | 18.1% | 24.2% | 21.3% | 14.3% | 23.8% |
| Interest Cost to EBITDA % | 0.4% | 0.4% | 0.5% | 1.1% | 0.7% | 1.1% | 1.7% | 0.7% | 0.9% | 0.6% | 0.7% | 0.8% | 0.7% | 0.5% | 0.8% | 0.3% |
| Debt to Equity Ratio | 0.01 | 0.01 | 0.02 | 0.02 | - | 0.02 | 0.03 | - | - | - | - | - | - | - | - | - |
| RONW | 19.8% | 20.5% | 18.5% | 9.5% | 13.0% | 16.7% | 20.5% | 14.1% | 16.5% | 14.6% | 13.1% | 19.8% | 27.1% | 23.6% | 17.0% | 26.7% |
| ROCE | 26.4% | 27.1% | 24.5% | 13.0% | 18.5% | 24.4% | 30.5% | 21.4% | 24.2% | 21.8% | 19.5% | 28.5% | 39.8% | 35.5% | 26.0% | 41.2% |