Posted In: Ancillary, Automobile, Bearings

SCHAEFFLER – Schaeffler India Ltd

Schaeffler Technologies AG & Co. KG, also known as Schaeffler Group (Schaeffler Gruppe in German), is a German manufacturer of rolling element bearings for automotive, aerospace and industrial uses before October 9, 2015 IPO in Germany. It was founded in 1946 by brothers Dr. Wilhelm and Dr.-Ing. E. h. Georg Schaeffler. In August 2008 the firm agreed to a staggered €12 billion acquisition of larger rival Continental AG, whereby Schaeffler would defer taking a majority stake until at least 2012. However, in 2011 Schaeffler sold off €1.8 billion worth of shares of Continental, reducing its stake from 75.1% to 60.3%. Currently, the company owns 46% of Continental shares. Schaeffler Group also owns the brands INA, FAG and LuK. In Germany, the main brands of the Schaeffler Group – INA, FAG and LuK – are marketed by Schaeffler Technologies AG & Co. KG and LuK GmbH & Co. oHG.

Bearing

A bearing is a machine element that constrains relative motion to only the desired motion, and reduces friction between moving parts. The design of the bearing may, for example, provide for free linear movement of the moving part or for free rotation around a fixed axis; or, it may prevent a motion by controlling the vectors of normal forces that bear on the moving parts. Most bearings facilitate the desired motion by minimizing friction. Bearings are classified broadly according to the type of operation, the motions allowed, or to the directions of the loads (forces) applied to the parts.
Rotary bearings hold rotating components such as shafts or axles within mechanical systems, and transfer axial and radial loads from the source of the load to the structure supporting it. The simplest form of bearing, the plain bearing, consists of a shaft rotating in a hole. Lubrication is used to reduce friction. In the ball bearing and roller bearing, to reduce sliding friction, rolling elements such as rollers or balls with a circular cross-section are located between the races or journals of the bearing assembly. A wide variety of bearing designs exists to allow the demands of the application to be correctly met for maximum efficiency, reliability, durability and performance.

Products/Services

Automotive OEM
The main products include chassis components and systems, technologies for clutches and transmissions, as well as engine components and drives for hybrid and electric vehicles. Schaeffler precision products are key to reducing fuel consumption and emissions. At the same time, they extend the service life of engines and transmissions and increase driving comfort and dynamics.
Transmission systems
Hybrid and electric drive systems
Engine systems
Chassis systems

Automotive Aftermarket
The Automotive Aftermarket Division is responsible for our global spare parts business and delivers innovative repair solutions in original-equipment quality. Under the four brands LuK, INA, FAG, and Ruville we offer clutch and release systems, engine and transmission applications, as well as chassis applications. All components are tuned to work perfectly together and allow for replacing old parts fast and professionally. With our REPXPERT brand we put top priority on offering comprehensive services to garages by conducting practical-oriented training seminars, offering repair assistance via our hotline and our garage portal, and by developing special tools.
Clutch System
Flywheel
Release System
Transmission

Industrial
The product spectrum includes rolling and plain bearings, linear and direct drive technology, as well as service features such as maintenance products and monitoring systems. The Industrial division offers a wide portfolio of bearing solutions, ranging from high-speed and high-precision bearings with small diameters to large-size bearings several meters wide. Increasingly, the focus here is on smart products and on connecting components.
Rolling and plain bearings
Linear guidance system
Maintenance products
Maintenance services
Mechatronics
Digital services

Plants and Capacity

Schaeffler with four plants and 19 sales offices has significant presence in India with three major widely known product brands – FAG, INA and LuK.
The manufacturing plant in Vadodara, Gujarat was set up in 1964 and produces a vast range of ball bearings, cylindrical roller bearings, and spherical roller bearing and wheel bearings and sold under the brand name of FAG. The second plant in Vadodara at Savli produces next generation deep groove ball bearings and large size roller bearings also sold under the name of FAG.
Schaeffler’s third state-of-the-art plant is located at Talegaon near Pune, and manufactures engine and transmission components for front accessory drive system, chain drive systems, valve train, shift systems and a range of needle roller bearings and elements, under the brand INA.
The fourth manufacturing location is based out of Hosur, producing clutch systems and dual mass flywheels for passenger cars, light commercial vehicles, heavy commercial vehicles and tractors which are sold under the brand of LuK. In addition to this, Schaeffler also has dedicated engineering, research and development support based in India to augment the product teams. Schaeffler also has among the largest after-market networks serving the industrial and automotive markets.

Financials

(In Rupees Crores) Dec 2018 Dec 2017 Dec 2016 Dec 2015
Total Income 4,652.31 3,985.22 1,882.16 1,780.59
PBT 631.70 588.83 298.45 293.81
PAT 419.80 388.49 194.50 197.48
EPS 134.30 233.75 117.05 118.84
Tags: , , , , , , , , , , , , , , ,

by , created on June 23rd, 2019, last updated on June 23rd, 2019