Schaeffler India Limited has announced the outcome of its 63rd Annual General Meeting held on April 30, 2026, through video conferencing. All five resolutions were passed with requisite majority, including adoption of audited financial statements for the year ended December 31, 2025, declaration of dividend, re-appointment of a director, appointment of statutory auditors for five years, and ratification of cost auditor remuneration. The voting results were submitted to BSE and NSE pursuant to Regulation 30 of SEBI Listing Regulations.

Voting Participation Overview

The e-voting facility was available from April 27, 2026, at 9:00 a.m. IST to April 29, 2026, at 5:00 p.m. IST. The record date for determining eligibility was April 23, 2026. A total of 69,534 shareholders were eligible to vote, with 57 shareholders attending through video conferencing, including 4 from promoters and promoter group and 53 from public.

Resolution Results Summary

All five ordinary resolutions received overwhelming approval from shareholders. The adoption of financial statements saw 145,717,698 votes in favour against 25 votes against. The dividend declaration resolution received 145,767,897 votes in favour with 25 votes against. Director re-appointment for Jens Schüler passed with 145,520,232 votes in favour and 202,327 votes against, representing 99.86% approval.

Financial Performance Highlights

The AGM presentation showcased strong financial performance for 2025. Revenue reached ₹93,953 mn with EBITDA margins of 19.6%. The company declared a dividend of ₹35 per share with a payout ratio of 46% and ROCE of 26.0%. Revenue has grown consistently from ₹55,605 mn in CY 21 to ₹93,953 mn in CY 25, while EBITDA margins improved from 17.9% to 19.6% over the same period.

Business Division Performance

All four business divisions demonstrated year-on-year growth. Bearings & Industrial Solutions led with ₹36,855 mn revenue and 39% business share, followed by Automotive Technologies at ₹31,372 mn with 24.6% growth. Vehicle Lifetime Solutions recorded ₹11,398 mn revenue with 12.2% growth, while Intercompany Exports & Others achieved the highest growth rate of 32.7% to reach ₹14,328 mn.

Strategic Initiatives and ESG Excellence

The company commissioned its fifth manufacturing facility at Shoolagiri, featuring 108,000 sqm total land plot with 16,500 sqm executed in phase 1. Schaeffler India achieved 100% renewable energy consumption with 2,046 MWh energy savings and 37,241 tCO2e emissions averted. The company ranked 1st in India under machinery and electrical equipment category and scored 76/100 in S&P Global Corporate Sustainability Assessment 2025, joining Dow Jones Sustainability Indices.

Schaeffler India announced its unaudited standalone and consolidated financial results for the quarter ended March 31, 2026. The Board of Directors approved the results at their meeting held on April 29, 2026. The company also released a comprehensive investor presentation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

Revenue from operations for the quarter stood at ₹25,070 million, representing an 18.8% increase compared to ₹21,100 million in the corresponding quarter of 2025. However, revenue was 5.1% lower than the preceding quarter ended December 31, 2025, which recorded ₹26,430.6 million.

The company demonstrated strong profitability metrics during the quarter. Profit before tax (PBT) before exceptional items reached ₹4,257.1 million, marking a 19.7% increase over ₹3,557.1 million in the corresponding quarter of 2025. The PBT margin stood at 17.0%, compared to 16.9% during the corresponding quarter of 2025 and 16.9% during the preceding quarter. Net profit for the quarter was ₹3,197.1 million, with a net profit margin of 12.8%. Basic and diluted earnings per share (EPS) for the quarter were ₹20.5.

Business Highlights and Awards

The company received multiple recognitions during the quarter, demonstrating its strong market position. Schaeffler India received the Partner Level Excellence Award from John Deere for the fifth consecutive time, along with the Strategic Partner Award from TVS Mobility. The company also won the Innovation in Underframe Components & Engineering award at the 7th Rail Analysis Innovation & Excellence Summit 2026.

Segment Performance

The company reported segment information under two segments: Mobility components and related solutions, and Others. Within Mobility components, Automotive Technologies generated ₹9,078.4 million, Vehicle Lifetime Solutions recorded ₹3,009.7 million, and Bearings & Industrial Solutions contributed ₹5,081.1 million. Intercompany Exports & Others stood at ₹2,686.2 million. The Others segment reported Bearings & Industrial Solutions at ₹3,767.4 million and Intercompany Exports & Others at ₹1,446.8 million.

The investor presentation highlighted significant business wins across all segments. Automotive Technologies secured new business wins in double clutches for tractors and continued momentum in heavy duty clutch applications. Vehicle Lifetime Solutions expanded its market coverage with business wins for FEAD timing kits, bearings, and lubricants. Bearings and Industrial Solutions achieved new business wins for Housing, SRBs, and Split SRBs, along with nominations for needle bearings in steering applications.

Consolidated Results

On a consolidated basis, revenue from operations stood at ₹25,856.4 million for the quarter ended March 31, 2026, compared to ₹21,744.1 million in the corresponding quarter of 2025. Profit before tax was ₹4,290.0 million, while net profit stood at ₹3,160.7 million. Basic and diluted EPS on a consolidated basis were ₹20.2. The consolidated results include the financial performance of Schaeffler India Limited and its subsidiary, KRSV Innovative Auto Solutions Private Limited.

Company Overview

Schaeffler India brings a 75-year global legacy of innovation in motion technology to the Indian market. The company operates five manufacturing plants located in Talegaon, Savli, Maneja, Hosur, and Shoolagiri, along with three R&D centers and five sales offices. With a dedicated workforce of over 3,800 employees and presence in India for over 60 years, Schaeffler India serves as a leading motion technology company in the country.