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Schaeffler India is currently trading at Rs. 4013.95, up by 10.50 points or 0.26% from its previous closing of Rs. 4003.45 on the BSE.The scrip opened at Rs. 4000.00 and has touched a high and low of Rs. 4013.95 and Rs. 4000.00 respectively. So far 43 shares were traded on the counter.The BSE group `A` stock of face value Rs. 10 has touched a 52 week high of Rs. 5836.30 on 14-Jan-2019 and a 52 week low of Rs. 3841.00 on 29-Jul-2019.Last one week high and low of the scrip stood at Rs. 4100.00 and Rs. 3969.00 respectively. The current market cap of the company is Rs. 12504.29 crore.The promoters holding in the company stood at 74.13%, while Institutions and Non-Institutions held 19.33% and 6.55% respectively.Schaeffler India has launched locally manufactured Current Insulated Bearings at the IREE 2019. This sets a new precedent for the industry as Schaeffler India became the first and only manufacturer in India to develop Current Insulated Bearing locally as the company introduced the product at the IREE 2019.Schaeffler India has its presence in automotive and across all core industrial segments.
The revenue for the March 2019 quarter is pegged at Rs. 11722.90 millions, about 8.20% up against Rs. 10834.70 millions recorded during the year-ago period.A slender decline of -3.94% was recorded to Rs. 1061.80 millions from Rs. 1105.40 millions in the corresponding previous quarter.A decline of 2016.10 millions was observed in the OP in the quarter ended March 2019 from 2060.60 millions on QoQ basis. (Rs. in Million) Quarter ended Year to Date Year ended 201903 201803 % Var 201903 201803 % Var 201812 201712 % Var Sales 11722.90 10834.70 8.20 11722.90 10834.70 8.20 45615.10 40996.50 11.27 Other Income 171.80 222.20 -22.68 171.80 222.20 -22.68 908.00 595.50 52.48 PBIDT 2016.10 2060.60 -2.16 2016.10 2060.60 -2.16 8304.40 7416.80 11.97 Interest 12.00 13.00 -7.69 12.00 13.00 -7.69 70.40 101.60 -30.71 PBDT 2000.70 2012.90 -0.61 2000.70 2012.90 -0.61 7802.00 7269.90 7.32 Depreciation 378.10 359.00 5.32 378.10 359.00 5.32 1485.00 1381.60 7.48 PBT 1622.60 1653.90 -1.89 1622.60 1653.90 -1.89 6317.00 5888.30 7.28 TAX 560.80 548.50 2.24 560.80 548.50 2.24 2119.00 2003.40 5.77 Deferred Tax 35.30 15.00 135.33 35.30 15.00 135.33 -132.50 -16.70 693.41 PAT 1061.80 1105.40 -3.94 1061.80 1105.40 -3.94 4198.00 3884.90 8.06 Equity 312.60 166.20 88.09 312.60 166.20 88.09 312.60 166.20 88.09 PBIDTM(%) 17.20 19.02 -9.57 17.20 19.02 -9.57 18.21 18.09 0.63
The revenue zoomed 18.67% to Rs. 11914.90 millions for the quarter ended September 2018 as compared to Rs. 10040.40 millions during the corresponding quarter last year.A slender decline of -5.05% was recorded to Rs. 906.60 millions from Rs. 954.80 millions in the corresponding previous quarter.OP of the company witnessed a marginal growth to 2167.00 millions from 1829.10 millions in the same quarter last year. (Rs. in Million) Quarter ended Year to Date Year ended 201809 201709 % Var 201809 201709 % Var 201712 201612 % Var Sales 11914.90 10040.40 18.67 22276.00 19968.50 11.56 19910.70 19451.60 2.36 Other Income 170.30 151.90 12.11 704.80 465.60 51.37 679.30 682.60 -0.48 PBIDT 2167.00 1829.10 18.47 4475.40 3889.00 15.08 4344.50 3651.90 18.97 Interest 13.40 6.40 109.38 15.40 14.40 6.94 10.20 17.60 -42.05 PBDT 1762.20 1818.70 -3.11 4068.60 3870.60 5.12 4334.30 3634.30 19.26 Depreciation 371.90 348.40 6.75 751.60 701.40 7.16 711.20 641.00 10.95 PBT 1390.30 1470.30 -5.44 3317.00 3169.20 4.66 3623.10 2993.30 21.04 TAX 483.70 515.50 -6.17 1137.60 1099.80 3.44 1242.90 1042.70 19.20 Deferred Tax -131.00 -24.90 426.10 -151.10 -25.30 497.23 -35.40 -66.60 -46.85 PAT 906.60 954.80 -5.05 2179.50 2069.40 5.32 2380.20 1950.60 22.02 Equity 166.20 166.20 0.00 166.20 166.20 0.00 166.20 166.20 0.00 PBIDTM(%) 18.19 18.22 -0.17 20.09 19.48 3.16 21.82 18.77 16.22
With no major difference for the quarter endedJune 2018 , the total revenue stood at Rs. 5149.20 millions.Profit saw a slight increase of 13.49%to Rs. 612.60 millions from Rs. 539.80 millions.OP of the company witnessed a marginal growth to 1137.80 millions from 1019.30 millions in the same quarter last year. (Rs. in Million) Quarter ended Year to Date Year ended 201806 201706 % Var 201806 201706 % Var 201712 201612 % Var Sales 5149.20 4953.50 3.95 10361.10 9928.10 4.36 19910.70 19451.60 2.36 Other Income 288.20 157.90 82.52 534.50 313.70 70.39 679.30 682.60 -0.48 PBIDT 1137.80 1019.30 11.63 2308.40 2059.90 12.06 4344.50 3651.90 18.97 Interest 1.00 4.50 -77.78 2.00 8.00 -75.00 10.20 17.60 -42.05 PBDT 1136.80 1014.80 12.02 2306.40 2051.90 12.40 4334.30 3634.30 19.26 Depreciation 191.30 177.40 7.84 379.70 353.00 7.56 711.20 641.00 10.95 PBT 945.50 837.40 12.91 1926.70 1698.90 13.41 3623.10 2993.30 21.04 TAX 333.00 297.60 11.90 653.90 584.30 11.91 1242.90 1042.70 19.20 Deferred Tax -18.00 -18.90 -4.76 -20.10 -0.40 4925.00 -35.40 -66.60 -46.85 PAT 612.60 539.80 13.49 1272.90 1114.60 14.20 2380.20 1950.60 22.02 Equity 166.20 166.20 0.00 166.20 166.20 0.00 166.20 166.20 0.00 PBIDTM(%) 22.10 20.58 7.38 22.28 20.75 7.38 21.82 18.77 16.22
The company`s total revenue for the quarter ended March 2018 saw a slight change in the total revenue, having registered a total revenue of Rs. 5211.90 millions.A humble growth in net profit of 14.87% reported in the quarter ended March 2018 to Rs. 660.30 millions from Rs. 574.80 millions.The company reported a good operating profit of 1170.60 millions compared to 1040.60 millions of corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201803 201703 % Var 201803 201703 % Var 201712 201612 % Var Sales 5211.90 4974.60 4.77 5211.90 4974.60 4.77 19910.70 19451.60 2.36 Other Income 246.30 155.80 58.09 246.30 155.80 58.09 679.30 682.60 -0.48 PBIDT 1170.60 1040.60 12.49 1170.60 1040.60 12.49 4344.50 3651.90 18.97 Interest 1.00 3.50 -71.43 1.00 3.50 -71.43 10.20 17.60 -42.05 PBDT 1169.60 1037.10 12.78 1169.60 1037.10 12.78 4334.30 3634.30 19.26 Depreciation 188.40 175.60 7.29 188.40 175.60 7.29 711.20 641.00 10.95 PBT 981.20 861.50 13.89 981.20 861.50 13.89 3623.10 2993.30 21.04 TAX 320.90 286.70 11.93 320.90 286.70 11.93 1242.90 1042.70 19.20 Deferred Tax -2.10 18.50 -111.35 -2.10 18.50 -111.35 -35.40 -66.60 -46.85 PAT 660.30 574.80 14.87 660.30 574.80 14.87 2380.20 1950.60 22.02 Equity 166.20 166.20 0.00 166.20 166.20 0.00 166.20 166.20 0.00 PBIDTM(%) 22.46 20.92 7.37 22.46 20.92 7.37 21.82 18.77 16.22
The quarter ended December 2017 witnessed marginal change in the total revenue. The figure for the mentioned quarter is pegged at Rs. 5060.80 millions.A slim rise of 24.11% was recorded in the Net profit for the quarter ended December 2017 to Rs. 679.40 millions From Rs. 547.40 millions.OP of the company witnessed a marginal growth to 1198.20 millions from 929.80 millions in the same quarter last year. (Rs. in Million) Quarter ended Year to Date Year ended 201712 201612 % Var 201712 201612 % Var 201612 201512 % Var Sales 5060.80 4996.80 1.28 19910.70 19451.60 2.36 18139.00 17244.30 5.19 Other Income 184.80 192.20 -3.85 679.30 682.60 -0.48 682.60 561.60 21.55 PBIDT 1198.20 929.80 28.87 4344.50 3652.00 18.96 3643.10 3614.40 0.79 Interest 0.70 4.90 -85.71 10.20 17.60 -42.05 17.60 21.20 -16.98 PBDT 1197.50 924.90 29.47 4334.30 3634.40 19.26 3625.50 3593.20 0.90 Depreciation 179.40 175.00 2.51 711.20 641.00 10.95 641.00 655.10 -2.15 PBT 1018.10 749.90 35.76 3623.10 2993.40 21.04 2984.50 2938.10 1.58 TAX 338.70 202.50 67.26 1242.90 1042.80 19.19 1039.50 963.30 7.91 Deferred Tax -18.40 -14.20 29.58 -35.40 -66.40 -46.69 0.00 0.00 0.00 PAT 679.40 547.40 24.11 2380.20 1950.60 22.02 1945.00 1974.80 -1.51 Equity 166.20 166.20 0.00 166.20 166.20 0.00 166.20 166.20 0.00 PBIDTM(%) 23.68 18.61 27.24 21.82 18.77 16.22 20.08 20.96 -4.18
Schaeffler India is currently trading at Rs. 5274.25, up by 18.85 points or 0.36% from its previous closing of Rs. 5255.40 on the BSE.The scrip opened at Rs. 5299.00 and has touched a high and low of Rs. 5311.65 and Rs. 5265.00 respectively. So far 71 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 5311.65 on 28-Nov-2017 and a 52 week low of Rs. 3780.00 on 29-Dec-2016.Last one week high and low of the scrip stood at Rs. 5311.65 and Rs. 5122.05 respectively. The current market cap of the company is Rs. 8773.92 crore.The promoters holding in the company stood at 51.33%, while institutions and non-institutions held 32.00% and 16.68% respectively.Schaeffler is planning to invest Rs 200 crore to set up a manufacturing unit at Talegaon, Pune, along with a new research and development unit. The new production facility of the company’s arm NA Bearings will manufacture engine and transmission components, serving domestic and exports markets.The R&D facility will focus on enhancing product development and engineering capabilities driving innovation for customers. This new facility will help the company add capacity and enhance product portfolio to serve our customer needs of future.Schaeffler India has its presence in automotive and across all core industrial segments.
Schaeffler India is currently trading at Rs. 4880.00, up by 617.15 points or 14.48% from its previous closing of Rs. 4262.85 on the BSE.The scrip opened at Rs. 4719.00 and has touched a high and low of Rs. 4998.85 and Rs. 4719.00 respectively. So far 3186 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 5149.00 on 05-Jul-2017 and a 52 week low of Rs. 3780.00 on 29-Dec-2016.Last one week high and low of the scrip stood at Rs. 4998.85 and Rs. 4136.05 respectively. The current market cap of the company is Rs. 7943.14 crore.The promoters holding in the company stood at 51.33%, while institutions and non-institutions held 32.30% and 16.39% respectively.Schaeffler India has received an approval for the scheme of amalgamation of INA Bearings India and LuK India with itself. The Board of Directors of the company in its meeting held on August 30, 2017 has approved the same.The Scheme provides for transfer and vesting of the entire undertaking of the Transferor Companies into the Company and the dissolution of the Transferor Companies without winding up.Schaeffler India has its presence in automotive and across all core industrial segments.
With no major difference for the quarter endedJune 2017 , the total revenue stood at Rs. 4953.50 millions.The Company has registered profit of Rs. 539.80 millions for the quarter ended June 2017, a growth of 16.49% over Rs. 463.40 millions millions achieved in the corresponding quarter of last year.Operating profit surged to 1019.30 millions from the corresponding previous quarter of 874.60 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201706 201606 % Var 201706 201606 % Var 201612 201512 % Var Sales 4953.50 4856.10 2.01 9928.10 9340.50 6.29 18139.00 17244.30 5.19 Other Income 157.90 163.40 -3.37 313.70 319.90 -1.94 682.60 561.60 21.55 PBIDT 1019.30 874.60 16.54 2059.90 1749.20 17.76 3643.10 3614.40 0.79 Interest 4.50 3.30 36.36 8.00 7.50 6.67 17.60 21.20 -16.98 PBDT 1014.80 871.30 16.47 2051.90 1741.70 17.81 3625.50 3593.20 0.90 Depreciation 177.40 156.60 13.28 353.00 308.60 14.39 641.00 655.10 -2.15 PBT 837.40 714.70 17.17 1698.90 1433.10 18.55 2984.50 2938.10 1.58 TAX 297.60 251.30 18.42 584.30 555.10 5.26 1039.50 963.30 7.91 Deferred Tax -18.90 -18.80 0.53 -0.40 -38.00 -98.95 0.00 0.00 0.00 PAT 539.80 463.40 16.49 1114.60 878.00 26.95 1945.00 1974.80 -1.51 Equity 166.20 166.20 0.00 166.20 166.20 0.00 166.20 166.20 0.00 PBIDTM(%) 20.58 18.01 14.25 20.75 18.73 10.79 20.08 20.96 -4.18
A fair growth of 10.93% in the revenue at Rs. 4974.60 millions was reported in the March 2017 quarter as compared to Rs. 4484.40 millions during year-ago period.An average growth of 38.64% was recorded for the quarter ended March 2017 to Rs. 574.80 millions from Rs. 414.60 millions.Operating profit surged to 1040.60 millions from the corresponding previous quarter of 874.60 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201703 201603 % Var 201703 201603 % Var 201612 201512 % Var Sales 4974.60 4484.40 10.93 4974.60 4484.40 10.93 18139.00 17244.30 5.19 Other Income 155.80 156.50 -0.45 155.80 156.50 -0.45 682.60 561.60 21.55 PBIDT 1040.60 874.60 18.98 1040.60 874.60 18.98 3643.10 3614.40 0.79 Interest 3.50 4.20 -16.67 3.50 4.20 -16.67 17.60 21.20 -16.98 PBDT 1037.10 870.40 19.15 1037.10 870.40 19.15 3625.50 3593.20 0.90 Depreciation 175.60 152.00 15.53 175.60 152.00 15.53 641.00 655.10 -2.15 PBT 861.50 718.40 19.92 861.50 718.40 19.92 2984.50 2938.10 1.58 TAX 286.70 303.80 -5.63 286.70 303.80 -5.63 1039.50 963.30 7.91 Deferred Tax 18.50 -19.20 -196.35 18.50 -19.20 -196.35 0.00 0.00 0.00 PAT 574.80 414.60 38.64 574.80 414.60 38.64 1945.00 1974.80 -1.51 Equity 166.20 166.20 0.00 166.20 166.20 0.00 166.20 166.20 0.00 PBIDTM(%) 20.92 19.50 7.26 20.92 19.50 7.26 20.08 20.96 -4.18
FAG Bearings India has informed that the meeting of the Board of Directors is scheduled to be held on July 28, 2016. Along with other agenda items, the Board will review and consider the Unaudited Financial Results for the quarter and half year ended June 30, 2016.The above information is a part of company’s filings submitted to BSE.
FAG Bearings India has informed that the upcoming Meeting of Board of Directors is scheduled on July 28, 2016 where along with other agenda items, Unaudited Financial Results would be considered. In view of the Code on Prohibition of Insider Trading adopted by the Company, Trading Window will remain closed from June 28, 2016 to July 30, 2016.The above information is a part of company’s filings submitted to BSE.