AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 22 Sep - Intimation of Analyst / Investor meetings (One-on-One Meetings and Group Meeting) to be held on September 28, 2026
Source: Bse
Schaeffler India Limited (SCHAEFFLER)
Large CapAuto stocks · Large cap · NSE
Schaeffler India Limited manufactures high-precision components and systems for automotive and industrial applications. The company focuses on localizing production to enhance competitiveness and serves both domestic and export markets, with a strategic emphasis on technology differentiation and new product development across diverse mobility solutions.
Data qualityFresh enough for analysisQuote updated 21 Oct, 02:00 pm ISTDetails
Quote21 Oct, 02:00 pm IST
Base fundamentals15 Oct 2026 · screener
Latest result23 Jul, 01:19 am IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Auto P/E 25.7 (n=127)
Technical timing lens
Trend score and candlestick chart
28Bearishfull bear SMA stack · SMA20 -3.9% / mo · MACD − · near 52W low · sector -2.5pp vs Nifty 500 (3M)
Stock trend: 18
Sector RS: 42
Sector 3M: -8.6% vs Nifty 500 -6.1%
Auto FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
SCHAEFFLERD candles · FIT view-17.2%TODAY · PROVISIONALLatest price ₹3547.00 on 2026-10-21
Today's candle is provisional from the latest intraday quote; completed-candle scans remain unchanged.
Bar
-1.5%
RSI
26
MACD hist
-19.90
52W pos
3%
2026-10-21O ₹3600.00H ₹3628.50L ₹3535.20C ₹3547.00Vol 24,950 shIntraday candle
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
SCHAEFFLERNifty AutoNifty 500
- SCHAEFFLER
- -12.8%
- Nifty 500
- -5.6%
- Nifty Auto
- -5.4%
- Vs Nifty 500
- -7.2 pp
Chart stats
19 Oct 2026- From 52W high
- -18.9%
- 52W range position
- 11%
- ATR (14)
- 2.6%
- Volume vs 20D
- 0.96x
- Avg traded value
- ₹20.7 Cr
- 20D price channel
- ₹3,568 - ₹4,203
₹4,467.7
₹3,518.4 - ₹4,467.7
₹93.4
Latest completed session
20-session average
15.2% annualized volatility
Research snapshot
What the evidence says now
Mixed fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is consistent.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · FAIR VALUE50
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Average52
Revenue +17.3% · PAT +13.6% YoY
Technical
Bearish28
Price trend and sector-relative-strength timing.
Valuation
Legacy model-14.7%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence86
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Average · 52/100margin compression · Rev +17% YoY · PAT +14% YoY · +7% QoQ
Filed 22 Jul 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹2,761 Cr | +17.3% | +6.8% |
| EBITDA | ₹499 Cr | +16.0% | +4.4% |
| Operating margin | 18.0% | +0 bps | +0 bps |
| PAT | ₹326 Cr | +13.6% | +3.2% |
| PAT margin | 11.8% | -39 bps | -41 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 45.60
- P/B
- 9.30
- EV/EBITDA
- 26.87
- Market Cap
- 57115.00Cr
Profitability
- ROE
- 20.20%
- ROCE
- 27.30%
- ROA
- 14.72%
- Dividend Y
- 0.96%
Growth (CAGR)
- Revenue 5Y
- 19.00%
- EPS 5Y
- 19.00%
- Revenue 3Y
- 12.00%
- EPS 3Y
- 10.00%
Balance Sheet
- Debt/Equity
- 0.01
- Interest Coverage
- 353.20×
- Altman Z
- 9.18
- Book Value
- 393.00
Cash Flow
- FCF Yield
- 1.66%
- FCF Positive Y
- 4/5
- OCF
- 1290.00 Cr
- EPS TTM
- 80.19
Shareholding
- Promoter Hold
- 74.13%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 14%
Financial History
Updated 19/10/2026
Revenue
₹ CrLatest: 9,686+17.7% vs prev
Net Profit
₹ CrLatest: 1,150+22.5% vs prev
Return on Equity
%Latest: 19.0+8.0% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend down. RSI 26.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- Recent death cross (SMA50 crossed below SMA200).
- SMA20 falling (~5.0% over last month) — short-term momentum negative.
- RSI(14) at 26 — oversold zone; bounce conditions.
- MACD below signal but histogram contracting — bearish momentum easing.
- Within 5% of 52-week low — testing support.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
44
RS percentile
Stage 4 Downtrend
1M return
-14.1%
3M return
-12.8%
6M return
-15.5%
1Y return
-6.4%
RS 1D
+1
RS 20D
-5
Sector rank
#10
Industry rank
#14
Stage evidence
- Price is 10.3% below the 30-week proxy.
- The 50-DMA is below the 30-week proxy and its slope is falling -0.9%.
- Both 3-month and 6-month returns are negative.
50-DMA
price below
200-DMA
price below
Sector
neutral
Industry
weakening
Relative-strength line vs Nifty 500 (base 100)
261 observations
19 Oct 2026Value 90.27-0.22%
RS vs Nifty 50090
Valuation & peers
U-Score 50 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Valuation & peers
U-Score 50 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Financial Turnaround
Fundamental score breakdown
U band · FAIR VALUEValuation0/30
Growth12/25
Quality14/20
Balance Sheet11/15
Cash Flow7/10
Piotroski
8/9 (+5)
Penalties
1
Raw sum
50
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
50/100 · legacy band FAIR VALUE
Positive drivers
- Piotroski is strong at 8/9.
- Balance sheet contributes 11/15 to the score.
- Quality contributes 14/20 to the score.
Main drags
- Fair-value margin of safety is negative at -14.7%.
- Valuation is weaker at 0/30; verify the latest quarterly trend.
- Growth is weaker at 12/25; verify the latest quarterly trend.
Sector valuation model
Consumer valuation: PE/PEG and brand-quality premium
Consumer franchises can deserve higher multiples, but only when growth quality supports them.
Primary lens
PE and PEG relative to growth, ROE, margins, and brand strength.
Secondary checks
Volume growth, pricing power, distribution, same-store or category growth.
Main risk check
Premium valuation needs durable growth and margin resilience.
PE
45.6
PB
9.3
EV/EBITDA
26.9
ROE
20.2%
ROCE
27.3%
FCF Yield
1.7%
Debt/Equity
0.0
MoS
-14.7%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
50
Previous: 50
Legacy U-Score band
FAIR VALUE
Previous: FAIR VALUE
Margin of safety
-14.7%
Previous: -17.2%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
48
48
48
50
50
50
50
50
50
50
50
50
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹842.07
-321.2% MoS
Growth-justified P/E
38.5
Growth-justified Value
₹3,091.32
-14.7% MoS
PEG
2.96
Comparable companies
Peers
Business-comparable peers in Auto — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
BIMETAL
Small
Bimetal Bearings Limited
Auto Components
match 156
48
21.4
5.1%
+44%
FAIR VALUE
NRBBEARING
Small
NRB Bearing Limited
Auto Components
match 153
51
34.7
15.6%
+20%
FAIR VALUE
SKFINDIA
Micro
SKF India Limited
Auto Components
match 152
33
30.9
14.8%
-581%
WATCHLIST
UNOMINDA
Large
UNO Minda Limited
Auto Components
match 142
47
52.8
19.3%
-35%
FAIR VALUE
ENDURANCE
Large
Endurance Technologies Limited
Auto Components
match 140
47
34.5
14.9%
+24%
FAIR VALUE
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Where growth can come from, and what can break the case
Thesis intactReviewed 2026-10-19T07:45:40.756Z
Management commentary snapshot
Automotive Technologies (AT) segment shows strong growth, driven by IC engine demand and initial e-mobility traction. Industrial segment also growing, supported by infrastructure and railways, while localization efforts continue to deepen.
Schaeffler India's growth thesis remains intact, underpinned by robust automotive demand, strategic localization, and expansion into high-growth areas like e-mobility and railways. However, profitability in new EV segments is volume-dependent and faces initial margin pressure from import content and FX. Commodity cost pass-through remains a partial challenge.
Growth engines
Automotive Technologies (IC & EV)
Strong growth in IC engine parts due to GST 2.0 and BS-VI products. E-mobility (e-axles) shows a 300% jump in demand from a small base.
Localization Strategy
Increased local capacities (80% localization) make the company more competitive in the global market, driving exports as an outcome.
Railways Segment
Electrification, Vande Bharat, and increased freight load-carrying capacities are enabling new product portfolios and high growth. It continues to be 13%-14% of revenue.
Wind Segment
Consistent investment in increasing bearing sizes for higher capacity turbines (e.g., 1.6-meter bearing for 6-megawatt turbines).
Capacity and execution
Shoolagiri Expansion
Going ahead with the second hall building, spilling over to Phase 2, focused on passenger vehicle transmission side.
Savli Hall 3 Construction
Starting to build Hall 3 in Savli for the next phase of expansion, focused purely on the Wind segment.
ICE Engine/Transmission Lines
At least two production lines for ICE engine and transmission applications are on the way to India, with factory plant facility expansion.
Tailwinds
Government Infrastructure Focus
Government investment in infrastructure growth is driving strong traction in related industries like steel and cement.
GST 2.0 Impact on Auto
Government's decision to change GST in September led to a strong uptick in automotive demand, with first-time car buyers now overtaking repeat buyers.
Indian Railways Upgradation
100% electrification, Vande Bharat trains, and increased freight load-carrying are enabling new product opportunities.
Headwinds
Geopolitical Tensions (West Asia)
Impacts industrial side of export business (bearings) and increases input costs (fuel, LPG) for automotive.
INR Depreciation
Hurts import costs for child parts, making it difficult to get compensation from customers.
Market Fragmentation in Mobility
India's mixed policy with hybrids and blended fuels fragments the market, potentially delaying EV adoption and profitability.
Risk radar
Commodity Cost Recovery
Only about 70% of input cost increases are historically recovered, requiring internal operational efficiencies to absorb the rest.
New Technology Profitability (EV)
Profitability in emerging EV technology is volume-dependent and will take time to achieve economies of scale due to low adoption rates.
E-Axle Import Content & Localization
E-axles are initially 100% imported, leading to lower margins. Localization is a phased process, requiring supplier development for child parts.
Pure Export Strategy Risks
A pure export strategy is considered too risky in the current geopolitical environment without corresponding local demand for the product.
Management accountability
What management said, and what results must prove
Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.
Analyst reading lens
Compare BOTH
The document discusses long-term trends like 'last one year' for exports and 'last three years' for hybrid growth, making YoY relevant for strategic shifts. However, sequential momentum is also implied for project execution, demand shifts, and capacity ramp-ups, making QoQ also useful for monitoring.
Sector KPIs management disclosed
Automotive Technologies (AT) Growth
29%-30% growth in the automotive space, with a 300% jump in e-mobility demand from a small base.
Localization Percentage
Overall localization is hovering at about 80%, up from 60%-65% three to four years back. Automotive is at 90%, Industrial is close to 65%-70%.
Exports as % of Revenue
Exports are expected to continue to be between 15% and 20% of revenue, mainly bearings, with 13% going to China.
Book-to-Bill Ratio
A book-to-bill ratio above one indicates continued growth; below one suggests insufficient new business opportunities.
Management forward view
Localization as an Outcome
Localization is an outcome of customer strategy and market sector importance, not a fixed numerical target.
Vitesco Integration
Legal integration of Vitesco into Schaeffler India is 'work in progress' globally, with no specific timeline due to the group's shareholding structure.
Diversified Powertrain Bet
The company is betting on all three powertrain technologies: ICE, hybrid, and EV, and will channel investments based on market growth.
Humanoids in India
Global competence exists, but adoption in India depends on ecosystem, infrastructure, and social acceptance (job displacement concerns).
Thesis monitor
Numbers and claims to verify in the next filings
| Checkpoint | Current evidence | What to verify next |
|---|---|---|
| Book-to-bill ratio | Not explicitly stated, but 'above one' is the target. | Sustained book-to-bill ratio above one to ensure continued growth momentum. |
| E-axle localization progress | Currently in Phase 2 (assembling sub-components locally). | Progress to Phase 3, involving local sourcing of child parts and supplier development. |
| Industrial segment localization | Close to 65%-70%. | Continued increase in localization, especially for large diameter bearings in the wind segment, as volumes grow. |
| Commodity cost recovery rate | Historically 70% recovered. | Improvement in the recovery rate from customers, especially for non-steel input costs like fuel and FX. |
Verification checkpoints are IndiaPulse research interpretation, not investment advice.
Trust Score
86Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 99th percentile of the scored universe and 96th percentile within Auto. No major sub-score weakness stands out.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 21 Oct 2026
management-trust-v1
129 docs text-extracted · 45 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
99th percentile
overall median 67 · Auto: 96th pctile, median 74 · Large: 96th pctile, median 73
Evidence depth
Financial-only
129 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
96
strong · leverage and solvency
Discipline
82
strong · capital discipline
Results
95
strong · quarterly consistency
Trust positives
- ▸Promoter holding is 74.1%.
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 1.7%.
- ▸4 years of positive FCF.
Trust risks
- ▸No major Trust Lite risk flags.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Schaeffler India Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Press Release / Media Release 8 Sep - Schaeffler will unify FAG, INA and LuK under one brand from Q2 2027.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Press Release / Media Release 15 Sep - Schaeffler India to showcase motion technology at bauma CONEXPO INDIA 2026, September 15–18 in Greater Noida.
Source: Bse
AnnouncementAug 2026
Aug 2026 · Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 19 Aug - Schedule of Analysts / Investor meeting scheduled on August 24, 2026
Source: Bse
AnnouncementAug 2026
Aug 2026 · Announcement under Regulation 30 (LODR)-Press Release / Media Release 7 Aug - Schaeffler India appoints Amit Bhalerao as COO effective August 10, 2026.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 27 Aug
Source: Bse
Concall transcriptJul 2026
Jul 2026 · Transcript
Source: Bse
Investor presentationJul 2026
Jul 2026 · PPT
Source: Bse
AnnouncementJul 2026
Jul 2026 · Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 16 Jul - Intimation of Earnings Conference call scheduled on July 23, 2026, at 10.30 AM IST
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Press Release / Media Release 15 Jul - Schaeffler India launches 2026–27 Social Innovation Fellowship, offering grants, mentorship and support to 10 innovators.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 6 Jul - Newspaper Publication about intimation of Loss of Share Certificate
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Press Release / Media Release 3 Jul - Schaeffler India first secures BIS license for CRB; Maneja and Savli also get DGBB licenses.
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.