# Schaeffler India (SCHAEFFLER) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/schaeffler

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹3,518
- Change: -1.22%
- As of: 2026-11-06
- 1D return: -1.22%
- 5D return: -1.57%
- 1M return: -5.85%
- Latest complete quarter: fy27_q2

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

SCHAEFFLER (₹3,518) is in a confirmed downtrend across daily and monthly horizons, with price trading below all major moving averages and the Supertrend indicator. The trend is established, supported by an ADX of 28.69 on the daily chart and 33.78 on the monthly chart. Participation remains elevated but directionless, evidenced by extreme anomalies on October 27–28 involving wide intraday ranges and high volume ratios (2.45x) without clear directional follow-through. Price is positioned near the lower end of its 20-day (+29.2%) and 252-day (+9.4%) ranges, reflecting a significant drawdown from recent highs (-19.3%). While the weekly Supertrend remains bullish, the daily structure dominates short-term positioning. An active monthly Inside Bar pattern suggests consolidation, but immediate resistance at ₹3,528.33 (0.29% above) caps upside attempts. Risk remains high with annualized volatility at 29.8% and an ATR of 2.91%.

- Trend: Daily and monthly trends are bearish (ADX 28), with price below all key MAs and Supertrend; weekly Supertrend remains bullish but weak (ADX 14.29).
- Levels: Immediate resistance at ₹3,528.33 (0.29%); support at ₹3,495.27 (0.65% below). Break below ₹3,495 could expose ₹3,446.13.
- Momentum/Participation: Extreme volatility events on Oct 27–28 showed high participation (volume ratio 2.45) but no sustained directional move; returns are negative across 1m (-7.9%), 3m (-12.8%), and 6m (-16.1%).
- Risk: Current drawdown is -19.3% from available high; annualized volatility stands at 29.8%, indicating elevated price risk.

- Inside Bar
- Outside Bar
- Bearish Engulfing Reversal
- Harami

### News Context

On November 3, 2026, Schaeffler announced a significant restructuring plan to cut 3,460 jobs across Europe, with approximately 2,660 reductions located in Germany. The company cites weakened demand for combustion-engine vehicles and slower-than-expected electric vehicle adoption as primary drivers for this strategic shift. This move is projected to generate annual savings of €300 million by 2030, though it will incur one-time costs estimated at roughly €480 million. This development highlights the ongoing structural transition within the European automotive supply chain and Schaeffler's direct response to changing market dynamics.

- Schaeffler plans to eliminate 3,460 jobs in Europe (approx. 2,660 in Germany) due to reduced demand for combustion engines and slower EV adoption.
- The restructuring targets €300 million in annual savings by 2030, contingent on the successful execution of the workforce reduction.
- One-off implementation costs are estimated at €480 million, representing an immediate financial impact distinct from long-term operational savings.

- [Schaeffler to slash 3,460 jobs in Europe amid auto industry downturn](https://www.thehindubusinessline.com/companies/schaeffler-to-slash-3460-jobs-in-europe-amid-auto-industry-downturn/article71659788.ece)

### Official Filings

Schaeffler India Limited reported strong Q3 CY26 financials, with standalone revenue rising 27.4% year-over-year to ₹26,814 million and EBITDA margin expanding to 20.2%. Management highlighted operational progress, including the inauguration of a fifth plant in Shoolagiri and an e-axle line at Talegaon, while noting that earnings quality was marginally impacted by higher input costs and fuel prices. Concurrently, the Promoter Group, holding 74.13% of shares, disclosed an intent to monetize a small portion of its stake but reaffirmed its commitment to retaining at least two-thirds of the company’s shares. The Board also approved the appointment of Joshi Apte & Associates as Cost Auditors for FY2026.

- Q3 CY26 Standalone Revenue: ₹26,814 million (+27.4% YoY); EBITDA Margin: 20.2%; PAT: ₹3,367 million (12.3% margin).
- Promoter Intent: Current holding is 74.13%; group may monetize a small part but intends to retain ≥66.67% shareholding.
- Operational Updates: Fifth plant opened at Shoolagiri, Tamil Nadu; e-axle line inaugurated at Talegaon, Pune.
- Governance: Board appointed Joshi Apte & Associates as Cost Auditors for FY2026 on October 27, 2026.

- [Schaeffler India Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_04112026130242_Reg30_TranscriptofAnalystscall_Oct292026.pdf)
- [Schaeffler India Limited has informed the Exchange regarding 'Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( SEBI Listing Regulations ) ESG Rating'. |SUBJECT: Updates](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_04112026191704_Schaeffler_Reg30_Intimation_ESGRating.pdf)
- [Schaeffler India Limited has informed the Exchange regarding 'Update on Special Window for Transfer and Dematerialization of Physical Securities. '. |SUBJECT: Updates](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_03112026175414_Schaeffler_SpecialWindowupdate_Nov32026.pdf)
- [Schaeffler India Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_01112026212710_Schaeffler_Reg30_InvestorPresentation_Nov22026.pdf)
- [Schaeffler India Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_29102026101800_Schaeffler_Reg30_InvestorPresentation_Oct282026.pdf)
- [Schaeffler India Limited has informed the Exchange about Link of Recording |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_29102026200424_Reg30_RecordingofAnalystCall_Oct292026.pdf)
- [Schaeffler India Limited has informed the Exchange about Schedule of meet to be held from November 2, 2026 to November 5, 2026 |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_28102026215942_Schaeffler_Schedule_AnalystsMeet_Nov2026.pdf)
- [Schaeffler India Limited has informed the Exchange about Intimation under Regulation 30 of SEBI LODR - Information from Promoter Group |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_27102026140754_Schaeffler_Reg30_IntimationfromPromoters_Oct272026.pdf)
- [Schaeffler India Limited has informed the Exchange about General Updates - Appointment of the Cost Auditors |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_27102026200044_Schaeffler_Reg30_BMOutcome_Oct272026.pdf)
- [Schaeffler India Limited has submitted to the Exchange, the Unaudited financial results (Standalone and Consolidated) for the quarter ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_27102026195542_Schaeffler_Reg30_BMOutcome_Oct272026.pdf)

### Fundamentals

Schaeffler India demonstrates a robust operational trajectory, with revenue accelerating to ₹3,089 crore in Q2 FY2026-27, up from ₹2,761 crore in Q1. This sequential growth is accompanied by improved profitability; operating profit rose to ₹475 crore (from ₹443 crore), and net profit increased to ₹349 crore (from ₹326 crore). Earnings quality remains strong, evidenced by Cash from Operating Activity reaching ₹1,343 crore in FY2025, significantly higher than the ₹884 crore recorded in FY2024. The company’s balance sheet reflects prudent financial management, with borrowings declining steadily from ₹42 crore in Dec 2024 to ₹34 crore in Jun 2026. While Working Capital Days improved to 60 days in Dec 2025 from a peak of 63 days, Inventory Days widened to 113 days, suggesting potential inventory buildup that warrants monitoring. Shareholding patterns show stable promoter holding at 74.13%, while DIIs have slightly increased their stake to 16.35% as of Sep 2026.

- Revenue grew sequentially to ₹3,089 crore in Q2 FY2026-27, with net profit rising to ₹349 crore.
- Operating cash flow strengthened to ₹1,343 crore in FY2025, indicating high earnings conversion quality.
- Borrowings decreased to ₹34 crore in Jun 2026, reflecting a deleveraging trend.
- Inventory Days increased to 113 days in Dec 2025, contrasting with an improved overall Cash Conversion Cycle of 69 days.

### Bear Case

Schaeffler India faces near-term headwinds reflected in both its global operational restructuring and local market technicals. The parent company’s announcement to cut 3,460 jobs in Europe highlights a structural downturn in combustion-engine demand and slower electric vehicle adoption, signaling potential volatility in the broader automotive supply chain. Locally, the stock has underperformed across most timeframes, with a year-to-date decline of -9.1% and a one-year return of -14.7%. Technical indicators on the daily chart are bearish, with the Supertrend direction negative and moving averages sloping downward. The stock is currently trading at ₹3,518.00, sitting just below immediate resistance levels at ₹3,528.33 and ₹3,554.93. With an annualized volatility of +29.8% and a current drawdown of -19.3%, the equity exhibits significant price instability and downside risk as it tests support near ₹3,495.27.

- Global restructuring: Parent company plans to slash 3,460 jobs in Europe, citing weakened combustion-engine demand and slower EV adoption, with €480 million in one-off costs expected by 2030.
- Negative returns: Year-to-date performance is -9.1%, with a one-year return of -14.7% and a six-month decline of -16.1%.
- Bearish technical setup: Daily Supertrend is bearish; the stock closed at ₹3,518.00 on 2026-11-06, facing immediate resistance at ₹3,528.33 (0.29% above).
- Elevated volatility: Annualized volatility stands at +29.8% with a current drawdown of -19.3%, indicating heightened price sensitivity and downside risk.

- [Schaeffler to slash 3,460 jobs in Europe amid auto industry downturn](https://www.thehindubusinessline.com/companies/schaeffler-to-slash-3460-jobs-in-europe-amid-auto-industry-downturn/article71659788.ece)
- [Schaeffler India Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_04112026130242_Reg30_TranscriptofAnalystscall_Oct292026.pdf)
- [Schaeffler India Limited has informed the Exchange regarding 'Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( SEBI Listing Regulations ) ESG Rating'. |SUBJECT: Updates](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_04112026191704_Schaeffler_Reg30_Intimation_ESGRating.pdf)
- [Schaeffler India Limited has informed the Exchange regarding 'Update on Special Window for Transfer and Dematerialization of Physical Securities. '. |SUBJECT: Updates](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_03112026175414_Schaeffler_SpecialWindowupdate_Nov32026.pdf)
- [Schaeffler India Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_01112026212710_Schaeffler_Reg30_InvestorPresentation_Nov22026.pdf)
- [Schaeffler India Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_29102026101800_Schaeffler_Reg30_InvestorPresentation_Oct282026.pdf)
- [Schaeffler India Limited has informed the Exchange about Link of Recording |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_29102026200424_Reg30_RecordingofAnalystCall_Oct292026.pdf)
- [Schaeffler India Limited has informed the Exchange about Schedule of meet to be held from November 2, 2026 to November 5, 2026 |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_28102026215942_Schaeffler_Schedule_AnalystsMeet_Nov2026.pdf)
- [Schaeffler India Limited has informed the Exchange about Intimation under Regulation 30 of SEBI LODR - Information from Promoter Group |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_27102026140754_Schaeffler_Reg30_IntimationfromPromoters_Oct272026.pdf)
- [Schaeffler India Limited has informed the Exchange about General Updates - Appointment of the Cost Auditors |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_27102026200044_Schaeffler_Reg30_BMOutcome_Oct272026.pdf)

### FAQs

**What were Schaeffler India's key financial results for Q3 FY2026?**

For Q3 CY26, Schaeffler India reported standalone revenue of ₹26,814 million, up 27.4% year-over-year and 12.1% quarter-over-quarter. Standalone EBITDA before exceptional items was ₹5,132 million with a margin of 19.1–20.2%, while profit after tax (PAT) stood at ₹3,367 million (12.3% margin). Free cash flow was recorded at ₹965 million.

**Is there any update on the potential merger or monetization of Vitesco India?**

Management confirmed that no plans or discussions to merge Vitesco India with Schaeffler India Limited are underway. While the promoter has expressed an intent to monetize shares, no specific number or percentage has been disclosed, and this intent has not yet been implemented.

**How is the stock performing technically as of November 6, 2026?**

The stock closed at ₹3,518.00, down 1.2% from the previous close. Technical indicators show a bearish daily trend with the Supertrend direction negative. The stock is currently trading near resistance levels at ₹3,528.33 and ₹3,554.93, with support identified at ₹3,495.27 and ₹3,446.13.

**What recent ESG rating has Schaeffler India received?**

CRISIL ESG Ratings & Analytics assigned an independent ESG Score of 67 to Schaeffler India Limited. The company noted it did not engage or subscribe to CRISIL’s services for this rating; the score was issued based on company disclosures and other publicly available data.

- [Schaeffler to slash 3,460 jobs in Europe amid auto industry downturn](https://www.thehindubusinessline.com/companies/schaeffler-to-slash-3460-jobs-in-europe-amid-auto-industry-downturn/article71659788.ece)
- [Schaeffler India Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_04112026130242_Reg30_TranscriptofAnalystscall_Oct292026.pdf)
- [Schaeffler India Limited has informed the Exchange regarding 'Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( SEBI Listing Regulations ) ESG Rating'. |SUBJECT: Updates](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_04112026191704_Schaeffler_Reg30_Intimation_ESGRating.pdf)
- [Schaeffler India Limited has informed the Exchange regarding 'Update on Special Window for Transfer and Dematerialization of Physical Securities. '. |SUBJECT: Updates](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_03112026175414_Schaeffler_SpecialWindowupdate_Nov32026.pdf)
- [Schaeffler India Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_01112026212710_Schaeffler_Reg30_InvestorPresentation_Nov22026.pdf)
- [Schaeffler India Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_29102026101800_Schaeffler_Reg30_InvestorPresentation_Oct282026.pdf)
- [Schaeffler India Limited has informed the Exchange about Link of Recording |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_29102026200424_Reg30_RecordingofAnalystCall_Oct292026.pdf)
- [Schaeffler India Limited has informed the Exchange about Schedule of meet to be held from November 2, 2026 to November 5, 2026 |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_28102026215942_Schaeffler_Schedule_AnalystsMeet_Nov2026.pdf)
- [Schaeffler India Limited has informed the Exchange about Intimation under Regulation 30 of SEBI LODR - Information from Promoter Group |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_27102026140754_Schaeffler_Reg30_IntimationfromPromoters_Oct272026.pdf)
- [Schaeffler India Limited has informed the Exchange about General Updates - Appointment of the Cost Auditors |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_27102026200044_Schaeffler_Reg30_BMOutcome_Oct272026.pdf)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Strong Downtrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹3,577.47
- Risk regime: Price Risk Requires Attention

### Support levels
- 3169.696875
- 3005.85
- 2940

### Resistance levels
- 3554.925
- 3704.95126953125
- 4012.402734375

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -1.22% |
| return_10 | +1.29% |
| return_1m | -7.86% |
| return_1y | -14.65% |
| return_20 | -5.85% |
| return_3m | -12.84% |
| return_5 | -1.57% |
| return_6m | -16.11% |
| return_since_start | +1.74% |
| return_ytd | -9.12% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -20.29% |
| annualized_volatility | +29.84% |

## Quarterly financials

- Latest complete quarter: fy27_q2

# Schaeffler India Q2 FY2026-27: Revenue reaches ₹3,089 crore

Revenue from operations rose 11.9% quarter on quarter and 26.9% year on year to ₹3,089 crore, a five-quarter high. Profit for the period increased 7.1% sequentially to ₹349 crore, as expenses grew slightly faster than revenue; profit was up 20.7% year on year.

## Revenue reaches a five-quarter high

Revenue from operations increased by ₹329 crore from ₹2,761 crore in Q1 FY2026-27 to ₹3,089 crore in Q2. It was ₹2,435 crore in Q2 FY2025-26. After dipping to ₹2,586 crore in Q4 FY2025-26, revenue rose in each of the following two quarters.

Total income was ₹3,122 crore, compared with ₹2,797 crore in Q1 FY2026-27. Other income was ₹32.9 crore in Q2.

## Expenses grow faster than revenue sequentially

Total expenses increased 12.5% quarter on quarter to ₹2,648 crore from ₹2,354 crore in Q1 FY2026-27, slightly outpacing revenue growth. Expenses were up 28.1% year on year, compared with revenue growth of 26.9%.

Q2 expenses included ₹1,433 crore for materials consumed, ₹583 crore for purchases of stock in trade, ₹166 crore in employee benefit expense, ₹93.8 crore in depreciation and ₹433 crore in other expenses. Other expenses rose 5.0% sequentially from ₹413 crore.

## Profit and earnings per share increase

Profit before tax rose 7.1% sequentially to ₹475 crore from ₹443 crore in Q1 FY2026-27. Tax expense was ₹125.8 crore, up from ₹117.4 crore. Profit for the period increased to ₹349 crore from ₹326 crore, while basic and diluted EPS from continuing operations rose to ₹22.30 from ₹20.80.

Finance costs declined to ₹1.23 crore from ₹1.37 crore in Q1 FY2026-27.

## Segment assets and liabilities

At 30 September 2026, net segment assets stood at ₹8,895 crore, up from ₹8,512 crore at 30 June 2026. Net segment liabilities increased to ₹2,398 crore from ₹2,365 crore. Unallocable assets rose to ₹1,883 crore from ₹1,850 crore, while unallocable liabilities edged down to ₹230 crore from ₹232 crore.

## Key Takeaway

Q2 combined strong revenue growth with a more measured increase in profit: expenses grew faster than revenue sequentially, while profit rose 7.1%. Revenue reached a five-quarter high, and year-on-year profit growth was 20.7%; the sequential cost-growth gap is the key counterpoint to the stronger top line.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q1
- As of: 2026-06-30
- Promoter holding: +74.13%
- FII holding: +4.36%
- DII holding: +16.21%
- Mutual fund holding: +14.94%
- Retail holding: +3.77%
- Promoter pledged: +0.00%

### Major reported shareholders

- Schaeffler Schweinfurt Beteiligungs Gmbh — +27.28% (Bodies Corporate)
- Schaeffler Buhl Verwaltungs Gmbh — +20.56% (Bodies Corporate)
- Schaeffler Verwaltungsholding Sechs Gmbh — +15.01% (Bodies Corporate)
- Industriewerk Schaeffler Ina-Ingenieurdienst Gmbh — +11.27% (Bodies Corporate)
- Kotak Midcap Fund — +3.75%
- Sbi Large Cap Fund — +2.20%
- Axis Mutual Fund Trustee Limited A/C Axis Mutual Fund A/C Axis Midcap Fund — +1.46%
- Dsp Midcap Fund — +1.36%
- Nippon Life India Trustee Ltd- A/C Nippon India Growth Mid Cap Fund — +1.02%
- Body Corp-Ltd Liability Partnership — +0.02% (Others)

## Official filings

- 2026-11-04 — Generic Announcement: Schaeffler India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_04112026130242_Reg30_TranscriptofAnalystscall_Oct292026.pdf)
- 2026-11-04 — Generic Announcement: Schaeffler India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_04112026191704_Schaeffler_Reg30_Intimation_ESGRating.pdf)
- 2026-11-03 — Generic Announcement: Schaeffler India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_03112026175414_Schaeffler_SpecialWindowupdate_Nov32026.pdf)
- 2026-11-01 — Earnings Presentation: Schaeffler India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_01112026212710_Schaeffler_Reg30_InvestorPresentation_Nov22026.pdf)
- 2026-10-29 — Earnings Presentation: Schaeffler India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_29102026101800_Schaeffler_Reg30_InvestorPresentation_Oct282026.pdf)
- 2026-10-29 — Generic Announcement: Schaeffler India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_29102026200424_Reg30_RecordingofAnalystCall_Oct292026.pdf)
- 2026-10-28 — Generic Announcement: Schaeffler India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_28102026215942_Schaeffler_Schedule_AnalystsMeet_Nov2026.pdf)
- 2026-10-27 — Generic Announcement: Schaeffler India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_27102026140754_Schaeffler_Reg30_IntimationfromPromoters_Oct272026.pdf)
- 2026-10-27 — Management Change: Schaeffler India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_27102026200044_Schaeffler_Reg30_BMOutcome_Oct272026.pdf)
- 2026-10-27 — Generic Announcement: Schaeffler India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_27102026195542_Schaeffler_Reg30_BMOutcome_Oct272026.pdf)
- 2026-10-27 — Press Release: Schaeffler India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_27102026200434_Schaeffler_Reg30_PressRelease_Oct272026.pdf)
- 2026-10-27 — Financial Results Filing: Schaeffler India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1747238_27102026082314_WEB.xml)
- 2026-10-27 — Financial Results Filing: Schaeffler India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1747237_27102026082251_WEB.xml)
- 2026-10-27 — Generic Announcement: Schaeffler India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_27102026224312_Schaeffler_Reg30_IntimationofPenalty.pdf)
- 2026-10-23 — Generic Announcement: Schaeffler India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_1175_WebXMLFile_20261023_103031697.xml)
- 2026-10-23 — Board Meeting Notice: Schaeffler India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_1175_WebXMLFile_20261023_103031697.xml)
- 2026-10-23 — Generic Announcement: Schaeffler India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_23102026182503_Schaeffler_Reg30_Intimation.pdf)
- 2026-10-22 — Generic Announcement: Schaeffler India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_22102026155224_Earnings_Conference_Call_Invitation_Oct_2026_s.pdf)
- 2026-10-21 — Generic Announcement: Schaeffler India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_21102026233408_Earnings_Conference_Call_Invitation_Oct_26.pdf)
- 2026-10-20 — Generic Announcement: Schaeffler India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_20102026183024_Reg_30_Intimation.pdf)
- 2026-10-19 — Board Meeting Notice: Schaeffler India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_19102026125338_Schaeffler_PriorIntimation_BM_Oct272026.pdf)
- 2026-10-19 — Generic Announcement: Schaeffler India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CLOSURE_TRADING_WINDOW_1175_WebXMLFile_20261019_135722894.xml)
- 2026-10-15 — Generic Announcement: Schaeffler India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_15102026174208_Schaeffler_Reg74_5_Sept302026.pdf)
- 2026-10-08 — Generic Announcement: Schaeffler India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_08102026162749_Schaeffler_SEIntimation_ResignationofCostAuditor.pdf)
- 2026-10-05 — Generic Announcement: Schaeffler India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SCHAEFFLERUSER1_05102026182745_Reg30_TranscriptofAnalystscall_Sept282026.pdf)

## News and market events

- 2026-11-03 — The Hindu: **Schaeffler to slash 3,460 jobs in Europe amid auto industry downturn** — Schaeffler announced a plan to cut 3,460 jobs in Europe, including approximately 2,660 in Germany, citing weakened demand for combustion-engine cars and slower electric vehicle adoption. The restructuring is expected to deliver annual savings of €300 million by 2030 with one-off costs of roughly €480 million. — [Source](https://www.thehindubusinessline.com/companies/schaeffler-to-slash-3460-jobs-in-europe-amid-auto-industry-downturn/article71659788.ece)
- 2026-10-23 — Economic Times: **Bombay High Court questions arrest of Schaeffler India chief after fatal factory accident** — The Bombay High Court's ruling comes after an incident on June 9, 2026 left two workers dead from to a gas leak. Harsha Gopal Kadam's arrest followed on October 19, with fresh charges leveled against him. The court emphasised a lack of substantial evidence to warrant his continued custody. — [Source](https://economictimes.indiatimes.com/industry/auto/auto-components/bombay-high-court-questions-arrest-of-schaeffler-india-chief-after-fatal-factory-accident/articleshow/135151275.cms)
- 2026-10-22 — Times of India: **Talegaon plant CEO arrested in CO2 leak case; gets bail** — Schaeffler India CEO Harsha Kadam arrested in Talegaon plant CO2 leak case that killed 2, injured 4; later granted bail; chargesheet filed. — [Source](https://timesofindia.indiatimes.com/city/pune/talegaon-plant-ceo-arrested-in-co2-leak-case-gets-bail/articleshow/135126830.cms)
- 2026-10-21 — SCROLL.IN: **Pune: Schaeffler India CEO arrested months after carbon dioxide leak killed two workers** — Three workers were also affected after ‘sudden and intense’ toxic gas leak at the Talegaon factory in June. — [Source](https://scroll.in/latest/1096562/pune-schaeffler-india-ceo-arrested-after-carbon-dioxide-leak-killed-two-workers)
- 2026-10-21 — CNBC-TV18: **Maharashtra Police arrest Schaeffler India CEO in CO2 leak case** — Maharashtra police told CNBC-TV18 that Kadam was arrested based on the findings of the Directorate of Industrial Safety and Health, or DISH. — [Source](https://www.cnbctv18.com/business/companies/maharashtra-police-arrest-schaeffler-india-ceo-in-co2-leak-case-20016151.htm)
- 2026-10-21 — Economic Times: **Schaeffler India CEO & MD  taken into custody over June factory accident** — Harsha Gopal Kadam, CEO of Schaeffler India, was taken into custody on October 19 for investigation. This relates to a factory accident that occurred on June 9, resulting in two worker deaths. The deaths happened due to a sudden discharge of carbon dioxide during a cylinder replacement. Schaeffler India stated that it has cooperated with authorities throughout the investigation process. — [Source](https://cfo.economictimes.indiatimes.com/news/governance-risk-compliance/schaeffler-india-ceo-md-taken-into-custody-over-june-factory-accident/135080023)
- 2026-10-20 — FREEPRESSJOURNAL.IN: **Schaeffler India CEO Harsha Kadam Taken Into Custody Over Pune Factory Accident That Killed 2 Workers** — Schaeffler India CEO Harsha Kadam was taken into custody by Pune police over a June 9 factory accident in Talegaon MIDC that killed two workers after a sudden CO₂ gas discharge during cylinder replacement. The company said the investigation had been expanded to include Kadam and that it was cooperating with authorities. — [Source](https://www.freepressjournal.in/pune/schaeffler-india-ceo-harsha-kadam-taken-into-custody-over-pune-factory-accident-that-killed-2-workers)
- 2026-10-20 — Economic Times: **Schaeffler India MD taken into custody over investigation into a fatal factory accident** — Schaeffler India CEO Harsha Gopal Kadam was taken into custody following a factory accident that claimed two lives. The accident involved a hazardous discharge of carbon dioxide gas during cylinder replacement at the facility. Police have expanded their investigation to include Kadam, who is considered the occupier of the premises. The company affirmed its cooperation with ongoing investigations and adherence to applicable laws. — [Source](https://economictimes.indiatimes.com/news/india/schaeffler-india-md-taken-into-custody-over-investigation-into-a-fatal-factory-accident/articleshow/135074647.cms)
- 2026-10-20 — MONEYCONTROL: **Schaeffler India CEO Harsha Kadam taken into custody over June factory accident** — Schaeffler India, Harsha Kadam, Harsha Gopal Kadam, Schaeffler CEO detained, Schaeffler India factory accident, Talegaon factory accident, Pune police investigation, carbon dioxide gas leak, contract workers death, automotive industry news, Schaeffler India regulatory filing — [Source](https://www.moneycontrol.com/automobile/schaeffler-india-ceo-harsha-kadam-taken-into-custody-over-june-factory-accident-article-14056154.html)
- 2026-10-20 — The Hindu: **Schaeffler India CEO taken into police custody over two worker deaths at Pune factory** — Schaeffler India's MD/CEO Kadam detained as police widen probe into a June Talegaon factory accident killing two workers. — [Source](https://www.thehindubusinessline.com/companies/schaeffler-india-ceo-taken-into-police-custody-over-two-worker-deaths-at-pune-factory/article71605261.ece)
- 2026-10-20 — FEEDS: **Pune Police Detain Schaeffler India CEO Harsha Kadam Over Factory Accident Probe** — This was due to the Schaeffler executive being allegedly linked to an accident involving one of the company's factories on June 9. — [Source](https://www.ndtvprofit.com/business/pune-police-detain-schaeffler-india-ceo-harsha-kadam-over-factory-accident-probe-12211366)
- 2026-10-20 — Mint: **Schaeffler India CEO Harsha Gopal Kadam taken into custody over factory accident that killed 2 workers | Company Business News** — Kadam was taken into custody late Monday by the Talegaon MIDC Police Station for investigation into the incident at the company's factory premises in Talegaon, Pune, on June 9, 2026, the company said. — [Source](https://www.livemint.com/companies/people/schaeffler-india-ceo-harsha-gopal-kadam-taken-into-custody-over-factory-accident-that-killed-2-workers-11792503983919.html)
- 2026-10-20 — Economic Times: **Schaeffler India CEO & MD taken into custody over June factory accident** — Harsha Gopal Kadam, CEO of Schaeffler India, was taken into custody on October 19 for investigation. This relates to a factory accident that occurred on June 9, resulting in two worker deaths. The deaths happened due to a sudden discharge of carbon dioxide during a cylinder replacement. Schaeffler India stated that it has cooperated with authorities throughout the investigation process. — [Source](https://economictimes.indiatimes.com/industry/auto/auto-news/schaeffler-india-ceo-md-taken-into-custody-over-june-factory-accident/articleshow/135070960.cms)
- 2026-09-17 — MONEYCONTROL: **Schaeffler Ind Consolidated June 2026 Net Sales at Rs 2,760.55 crore, up 17.34% Y-o-Y** — Schaeffler Ind, Schaeffler India , Bearings, Results, Earnings First-Cut — [Source](https://www.moneycontrol.com/news/business/earnings/schaeffler-ind-consolidated-june-2026-net-sales-at-rs-2760-55-crore-up-17-34-y-o-y-14032432.html)
- 2026-08-18 — BUSINESS: **Volumes spurt at Billionbrains Garage Ventures Ltd counter** — Billionbrains Garage Ventures Ltd notched up volume of 819.05 lakh shares by 10:46 IST on BSE, a 44.78 fold spurt over two-week average daily volume of 18.29 lakh shares — [Source](https://www.business-standard.com/markets/capital-market-news/volumes-spurt-at-billionbrains-garage-ventures-ltd-counter-126081800352_1.html)
- 2026-07-22 — CNBC-TV18: **Schaeffler India Q1 profit rises 14% as revenue growth offsets margin pressure** — Schaeffler India reported double-digit growth in profit and revenue for the June quarter, although operating margins eased slightly as geopolitical cost pressures weighed on earnings despite strong business momentum. — [Source](https://www.cnbctv18.com/market/schaeffler-india-q1-profit-rises-14-pc-as-revenue-growth-offsets-margin-pressure-19951721.htm)

## Business profile

**Strategic vision:** Develops, manufactures, and distributes precision components for automotive and industrial sectors.

### Business segments
- **Automotive Systems:** Provides components for engine systems, transmission systems, chassis applications, and clutch systems for vehicle manufacturers.
- **Bearings:** Manufactures high-precision roller and ball bearings for various industrial and automotive applications.
- **Machine Building Activities:** Engages in related manufacturing activities that support their core product lines.

### Competitive strengths
- High-precision component manufacturing
- Solutions for automotive and industrial sectors

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## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/schaeffler
Markdown representation: https://faxioms.com/stocks/schaeffler?render=md