Schaeffler India Ltd
NSE: SCHAEFFLER BSE: 505790
₹3507.20
-17.50 (0.50%)
Sun, 08 Nov 2026, 01:46 am
Market Cap (in Cr)55018.89
PE Ratio41.74
Dividend0.99
Producer Manufacturing
Metal Fabrication
24.5KSchaeffler India Ltd Company History
1962
- The Company was incorporated on 27th April at Bombay.
1990
- The company received an endorsement from the Government on its manufacturing license.
1993
- The Company received ISO 9001 certification.
1996
- The company has a 100% Export Oriented Unit Project for manufacture of Cylindrical Roller Bearings.
1997
- FAG Precision Bearings Ltd. has commissioned a 100 per cent EOU to manufacture cylindrical roller bearings at Baroda.
1998
- The Company has decided to set up a production line for DRACBB.
1999
- The name of the Indian subsidiary is set to be changed from FAG Precision Bearings to FAG Bearings India Ltd.
- The Company became the first bearing manufacturing Company in India to be certified for QS 9000 Quality Standard.
2000
- The company had introduced a voluntary retirement scheme.
- FAG Kugelfischer George Schafer Aktiengesellschaft holds 51% of the issued share capital of the company.
2001
- Mr. J R Patel, Mr. B N Vidholia, and Mr. S V Joglekar have resigned from the Board of the Company.
- The company launched its e-commerce platform - www.fag.com.
2002
- Mr. H R Shukla has been appointed as 'Compliance Officer'.
- Mr. A P Gandhi has been appointed as Director and elected Chairman of the BoD.
- Dr. V Sagar ceased to be the Chairman of the BoD.
- Mr. M D Garde has been appointed as New Nominee of GIC.
- Mr. R Sampath Kumar has been appointed as Alternate Director to Mr. F Huber.
- Dr. M Kunzmann resigned from the Board.
- Templeton Mutual Fund purchases 873832 shares of the Company.
2003
- The company has proposed dividend at Rs. 4 per equity share.
2004
- FAG Bearings India declares 45% dividend.
2005
- FAG Bearings India declares 35% dividend.
2006
- FAG Bearings India declares 35% dividend.
2007
- The company has proposed dividend at Rs. 4 per equity share.
2008
- The company has proposed dividend at Rs. 4 per equity share.
2009
- FAG Bearings India declares 45% dividend.
2010
- FAG Bearings India declares 45% dividend.
2011
- FAG India receives Best Supplier Award from Rane NSK Steering Systems Ltd.
- FAG Bearings India declares 50% dividend.
2012
- FAG Bearings India Ltd recommended a dividend at the rate of Rs. 10.00 per share.
- Mr. Udo Bauer has been appointed as an Additional Director of the company.
2013
- Board recommended Dividend at the rate of Rs. 5.00 per share.
2014
- Board recommended Dividend of Rs. 6.00 per share.
2017
- Company name has changed to Schaeffler India Ltd. from Fag Bearings India Ltd..
2018
- Project NITARA was awarded for ÂSustainable and Impactful CSR project by Gujarat State CSR Awards 2018.
2019
- Changchun Yidong Clutch - Good performance in quality.
- Hubei Tri-Ring Clutch - Award of Excellent Quality.
2020
- Schaeffler India launches ÂOPTIMEÂ making condition monitoring cost-effective for all plant assets.
2021
- Schaeffler starts mass production of electric motors.
- Schaeffler receives Red Dot Design Award in two categories with OPTIME.
- Schaeffler joins STARTUP AUTOBAHN and establishes a partner network to develop market-ready innovations more rapidly.
- Schaeffler India inaugurates Large Size Bearings Refurbishing Center in Jamshedpur.
- Schaeffler India launches the Social Innovator Fellowship Program 2021.
2022
- Schaeffler inaugurates its largest warehouse in Asia Pacific region.
- Schaeffler India announces 11 winning ideas for its Social Innovator Fellowship Program.
- Schaeffler India to be the Associate Sponsor of Puneri Paltan for the 8th Season of Pro Kabaddi League.
- Schaeffler India Inaugurates Consolidation and Distribution Center in Hosur.
- Company has splits its face value from Rs. 10/- to Rs. 2/-.
2023
- Schaeffler India Limited Completed 100% Acquisition of KRSV Innovative Auto Solutions Private Limited.
