Schaeffler India Ltd

Schaeffler India Ltd

₹ 3,776 0.72%
03 May - close price
About

Schaeffler India Ltd is engaged in the development, manufacturing and distribution of high-precision roller and ball bearings, engine systems and transmission components, chassis applications, clutch systems and related machine building manufacturing activities.[1]

Key Points

Business Segments

  • Market Cap 59,022 Cr.
  • Current Price 3,776
  • High / Low 3,879 / 2,612
  • Stock P/E 65.4
  • Book Value 307
  • Dividend Yield 0.69 %
  • ROCE 26.5 %
  • ROE 19.8 %
  • Face Value 2.00

Pros

  • Company is almost debt free.

Cons

  • Stock is trading at 12.3 times its book value

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Bearings Industry: Bearings

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
1,756 1,795 1,694 1,829 1,854 1,875 1,873
1,437 1,449 1,379 1,487 1,513 1,550 1,543
Operating Profit 319 345 315 342 340 324 330
OPM % 18% 19% 19% 19% 18% 17% 18%
23 18 33 31 31 26 31
Interest 1 1 1 1 2 1 1
Depreciation 52 53 52 54 56 60 62
Profit before tax 290 310 294 318 313 288 298
Tax % 26% 25% 25% 25% 26% 27% 26%
215 231 219 237 233 210 220
EPS in Rs 13.78 14.78 14.03 15.18 14.89 13.41 14.06
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Dec 2022 Dec 2023 TTM
6,867 7,251 7,430
5,571 5,929 6,094
Operating Profit 1,296 1,322 1,336
OPM % 19% 18% 18%
92 120 118
Interest 5 5 4
Depreciation 206 223 233
Profit before tax 1,177 1,214 1,217
Tax % 25% 26%
879 899 899
EPS in Rs 56.25 57.52 57.54
Dividend Payout % 43% 45%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 6%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 4%
Stock Price CAGR
10 Years: 24%
5 Years: 30%
3 Years: 55%
1 Year: 34%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 20%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Dec 2022 Dec 2023
Equity Capital 31 31
Reserves 4,255 4,774
57 51
1,383 1,410
Total Liabilities 5,727 6,267
1,123 1,441
CWIP 249 491
Investments 0 0
4,355 4,335
Total Assets 5,727 6,267

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Dec 2022 Dec 2023
751 884
-535 -595
-257 -386
Net Cash Flow -41 -96

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Dec 2022 Dec 2023
Debtor Days 55 53
Inventory Days 107 107
Days Payable 95 86
Cash Conversion Cycle 66 74
Working Capital Days 55 57
ROCE % 27%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
74.13% 74.13% 74.13% 74.13% 74.13% 74.13% 74.13% 74.13% 74.13% 74.13% 74.13% 74.13%
4.78% 4.99% 5.16% 5.05% 4.94% 5.74% 4.81% 4.40% 4.04% 4.51% 4.36% 4.38%
15.79% 15.55% 15.19% 15.23% 15.34% 14.19% 15.04% 15.57% 15.87% 15.46% 15.68% 15.93%
0.00% 0.00% 0.00% 0.16% 0.17% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
5.31% 5.33% 5.53% 5.43% 5.42% 5.95% 6.02% 5.90% 5.95% 5.88% 5.83% 5.56%
No. of Shareholders 15,08717,60722,21432,54240,37565,73155,46257,45263,92968,18970,69569,109

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls