Schaeffler India Limited: Business Has Tailwinds but Valuation Is Elevated

Schaeffler India Limited is part of the Schaeffler group, a global conglomerate supplying critical components to the automotive and industrial sectors. Schaeffler (erstwhile FAG Bearings) has presence through three famous product brands – FAG (Fischer’s Aktien Gesselshaft), INA, and LuK. It produces a vast range of ball bearings, cylindrical roller bearings, deep groove balls, spherical roller...

The Schaeffler Group is a global automotive and industrial supplier. The Schaeffler Group is making a decisive contribution to mobility with its high-precision components and systems in engine, transmission, and chassis applications, in addition to rolling and plain bearing solutions for a large number of industrial applications. Since its beginnings, the Schaeffler company has been characterized by groundbreaking innovations and global customer orientation.