SCHAEFFLER

Schaeffler India share price & financials

Price
₹4,146.1
Market cap
₹64.8k Cr
Sector
Automobile and Auto Components
Calls analysed
6
Latest concall · Q1 FY27 · call held 23 Jul 2026

Schaeffler India Limited Q1 FY27

Revenue ₹2,681 cr +18%EBITDA ₹513 cr +19%EBITDA Margin 19.1% PAT ₹337 cr +13%

What went well

  • Q2 CY26 Revenue at INR 2,681 crores, up 17.5% YoY and 7% QoQ, demonstrating strong performance.
  • Q2 CY26 EBITDA at INR 513 crores, up 19% YoY, with a healthy margin of 19.1%.
  • Automotive Technologies segment showed robust growth of 33% YoY, contributing significantly to overall revenue.

What to watch

  • Q2 GDP estimates at 6.5-7%, indicating a slowdown compared to Q1's 7.8%.
  • Consumer Price Index (CPI) crept up to 3.9% in Q2, reflecting rising input and food costs.
Read the full call →

What Schaeffler India Limited does

Schaeffler India is the listed Indian subsidiary of Germany's Schaeffler Group, a global motion-technology company. It designs and manufactures precision bearings, powertrain and chassis components, e-mobility systems, and industrial motion solutions, supplying automotive OEMs (passenger vehicles, commercial vehicles, tractors, two-wheelers) as well as industrial customers in railways, renewable energy, raw materials and power transmission. It also runs a vehicle-lifetime aftermarket business, supplying clutch, engine, transmission and chassis repair parts to garages and fleet operators, including through its Koovers aftermarket platform. The company operates its own manufacturing plants, R&D centres and sales offices across India, complementing the parent group's global engineering base built on the INA, LuK, FAG and Vitesco technology lines.

Segments

  • Automotive Technologies
  • Vehicle Lifetime Solutions
  • Bearings & Industrial Solutions
Manufacturing plants (India)
5
Sales offices (India)
5
R&D centres (India)
3
Retail/aftermarket network
33,000+
Distribution and channel partners
330
Founded 1962Headquarters 15th Floor, (ASTP) Amar Sadanand Tech Park, Baner, Pune, Maharashtra, India – 411045Employees 3,826 (2025-12-31) Company website

Guidance record · Q1 FY27

what the last two calls moved 10 tracked 2 delivered 1 missed 7 open
  • Localization Rate delivered said Q1 FY26 Promised: Maintain 78%-79% Q1 FY27: While no new figure was provided, management confirmed continued focus on localization to improve cost competitiveness: 'Can we localize the products more is something else that we are looking at.'
  • Dividend Payout Ratio delivered said Q3 FY26 Promised: 30% to 50% of the net income. Q1 FY27: No mention of dividend payout policy, which is typical for an interim quarterly report as it is an annual policy.
  • KRSV (Koovers) Breakeven delayed said Q2 FY26 Promised: Breakeven likely in 2027. Q1 FY27: Management has revised the breakeven timeline for KRSV significantly, pushing it out to 2029. Q: 'And by when do you expect this to breakeven on EBITDA and cash flow level?' A: '2029.'

All 10 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q1 FY27: revenue up 17.5%, net profit up 13.9% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue2,073 2,082 2,110 2,282 2,360 +14%2,643 +27%2,507 +19%2,681 +17%
EBITDA375 378 401 431 467 +25%489 +29%468 +17%502 +16%
Net profit247 249 265 296 307 +24%328 +32%320 +21%337 +14%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −0.0% 1Y

₹3.6k₹3.8k₹4.0k₹4.2k₹4.4kSept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Q2 FY26 — 3 Nov 2025Q3 FY26 — 25 Feb 2026Q4 FY26 — 30 Apr 2026Q1 FY27 — 23 Jul 2026

1Y: ₹3,951.3 on 10 Sept 2025 → ₹3,950.5. High ₹4,357.2 (27 Feb 2026), low ₹3,563.3 (21 Jan 2026).

How the price took the results

close before → close after

Q1 FY27
−2.5%
23 Jul
Q4 FY26
−4.7%
30 Apr
Q3 FY26
+4.4%
25 Feb
Q2 FY26
+6.4%
3 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Financials, as filed

Revenue grew 14.0% a year over 2 years, FY23 to FY25. Operating margin widened to 19.0%.

Year endingFY23FY24FY25
Revenue₹7.2k Cr₹8.1k Cr₹9.4k Cr
Operating profit₹1.3k Cr₹1.5k Cr₹1.8k Cr
Operating margin18.4%18.2%19.0%
Interest₹5 Cr₹4 Cr₹4 Cr
Depreciation₹219 Cr₹269 Cr₹328 Cr
Net profit₹908 Cr₹978 Cr₹1.2k Cr
Net margin12.6%12.1%12.7%
ROCE27.0%26.0%28.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹31 Cr₹31 Cr₹31 Cr₹31 Cr₹31 Cr₹31 Cr
Reserves₹3.6k Cr₹4.3k Cr₹4.8k Cr₹5.4k Cr₹6.1k Cr₹6.2k Cr
Borrowings₹61 Cr₹57 Cr₹51 Cr₹42 Cr₹39 Cr₹34 Cr
Other liabilities₹1.2k Cr₹1.4k Cr₹1.4k Cr₹1.5k Cr₹2.1k Cr₹2.3k Cr
Total liabilities₹4.9k Cr₹5.7k Cr₹6.3k Cr₹6.9k Cr₹8.3k Cr₹8.6k Cr
Fixed assets₹1.1k Cr₹1.1k Cr₹1.3k Cr₹1.8k Cr₹2.0k Cr₹1.9k Cr
Capital work in progress₹89 Cr₹249 Cr₹491 Cr₹449 Cr₹334 Cr₹445 Cr
Investments₹0 Cr₹0 Cr₹142 Cr₹142 Cr₹122 Cr₹91 Cr
Other assets₹3.7k Cr₹4.4k Cr₹4.4k Cr₹4.5k Cr₹5.8k Cr₹6.1k Cr
Total assets₹4.9k Cr₹5.7k Cr₹6.3k Cr₹6.9k Cr₹8.3k Cr₹8.6k Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, DIIs added +0.24 pp while FIIs trimmed −0.21 pp. The shareholder count shrank 4% to 68,487.

Promoters
74.1%
FIIs
4.4%
DIIs
16.2%
Government
0.0%
Public
5.3%

Since Jun 2025

  • DIIs +0.24 pp
  • FIIs −0.21 pp
  • Public −0.02 pp

How it drifted, 12 quarters

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 74.1%, FIIs 4.5%, DIIs 15.5%, Public 5.9%.Dec '23: Promoters 74.1%, FIIs 4.4%, DIIs 15.7%, Public 5.8%.Mar '24: Promoters 74.1%, FIIs 4.4%, DIIs 15.9%, Public 5.6%.Jun '24: Promoters 74.1%, FIIs 5.7%, DIIs 14.7%, Public 5.4%.Sep '24: Promoters 74.1%, FIIs 5.1%, DIIs 15.2%, Public 5.5%.Dec '24: Promoters 74.1%, FIIs 4.7%, DIIs 15.6%, Government 0.0%, Public 5.5%.Mar '25: Promoters 74.1%, FIIs 4.5%, DIIs 16.0%, Government 0.0%, Public 5.3%.Jun '25: Promoters 74.1%, FIIs 4.6%, DIIs 16.0%, Government 0.0%, Public 5.3%.Sep '25: Promoters 74.1%, FIIs 4.5%, DIIs 16.1%, Government 0.0%, Public 5.2%.Dec '25: Promoters 74.1%, FIIs 4.5%, DIIs 16.1%, Government 0.0%, Public 5.3%.Mar '26: Promoters 74.1%, FIIs 4.3%, DIIs 16.3%, Government 0.0%, Public 5.3%.Jun '26: Promoters 74.1%, FIIs 4.4%, DIIs 16.2%, Government 0.0%, Public 5.3%.

Who was buying across the market this quarter →

Who bought this quarter

since Mar 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

The same filing shows 3 holders trimming and 0 off the list — both are in the register beside this.

Who is on the register

Named in the Jun 2026 filing

Every holder of Schaeffler India Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Schaeffler Schweinfurt Beteiligungs Gmbh 27.28%unchanged
Schaeffler Buhl Verwaltungs Gmbh 20.56%unchanged
Schaeffler Verwaltungsholding Sechs Gmbh 15.01%unchanged
Industriewerk Schaeffler Ina-Ingenieurdienst Gmbh 11.27%unchanged
Kotak Midcap Fund Mutual fund3.75%+0.48 pp
SBI Large Cap Fund Mutual fund2.20%−0.17 pp
Axis Mutual Fund Trustee Ltd A/C Axis Mutual Fund A/C Axis Flexi Cap Fund Mutual fund1.46%−0.32 pp
DSP Midcap Fund Mutual fund1.36%−0.14 pp
Nippon Life India Trustee Ltd- A/C Nippon India Growth Mid Cap Fund Mutual fund1.02%unchanged
Schaeffler Buhl Beteiligungs GmbH 0.00%unchanged
Schaeffler Beteiligungsgesellschaft mbH 0.00%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

Mutual funds in SCHAEFFLER

Filings to Aug 2026

0 new, 6 added, 2 trimmed, 0 sold out — net −0.11 L shares (−0.2%).

Held by funds
₹2.0k Cr
21 schemes
Biggest holder
SBI Large Cap Fund
₹528 Cr · 1.0% of that fund
SchemeHoldingLast month
SBI Large Cap Fund SBI Mutual Fund₹528 Crheld
Nippon India Growth Mid Cap Fund Nippon India Mutual Fund₹362 Crheld
SBI Midcap Fund SBI Mutual Fund₹361 Crheld
Nippon India Small Cap Fund Nippon India Mutual Fund₹194 Crheld
SBI Dividend Yield Fund SBI Mutual Fund₹181 Crheld
SBI Automotive Opportunities Fund SBI Mutual Fund₹96 Crheld
SBI ESG Exclusionary Strategy Fund SBI Mutual Fund₹74 Crheld
HDFC Manufacturing Fund HDFC Mutual Fund₹65 Cr−0.15 L

HDFC, Nippon India and SBI schemes, from their monthly disclosures. Changes are counted in shares, so a price move never looks like buying or selling.

Mutual funds Aug 2026

6 added, 2 trimmed — net −11,436 shares (−0.2%)

Funds are sitting on
+43%
vs est. average cost
Held by funds
₹2.0k Cr
21 schemes · ≈ 3.3% of the company
Biggest holder
SBI Large Cap Fund
₹528 Cr · 1.0% of that fund
Longest holder
Nippon India ETF Nifty Midcap 150
6y 9m · since Dec '19

Shares held by these funds −4%

Aug '23 50.92 L shares Jul '26

What the price assumes

Growth trap

To justify its price of ₹3950, this stock must grow earnings at 30% every year for 7 years. Our analysis caps realistic growth at ~12%. At that growth it is worth ₹1558 — downside of 61%.

Growth the price implies
30.1% a year
for 7 years, fading to 4%
It has actually compounded at
12.0% a year
net profit, FY23–FY26 · EPS 11.9%
The gap
0.2 pp
-61% downside if it only repeats history
Price today ₹3,950.5 Value at the reference growth ₹1,558.47

Change the assumptions yourself →

All earnings calls (5)

Read the Q1 FY27 call →

Learn to analyse Schaeffler India Limited

Guides on how to read this kind of business and the numbers that matter.