Schaeffler India utilises its engineering expertise to drive change and deliver innovative motion technology solutions. With strong financial backing and a collaborative approach, we are investing in digitalization and enhancing our local presence. Our goal is to maximise stakeholder value, optimise processes and create growth opportunities, while also supporting technological advancements and promoting sustainable development within the community.
Schaeffler India draws its parentage from Schaeffler AG, a leader in motion technology driving forward groundbreaking inventions and developments for over 75 years. With a presence in 250 locations and 100 production facilities worldwide, the group earned revenue of €18,188 million in 2024. Leveraging the Group’s R&D resources, expansive technical expertise, and robust global network we continuously work towards fortifying Schaeffler India’s position as an industry leader.
Our operational performance, coupled with disciplined capital allocation, aids in maintaining a robust financial profile. In 2024, our revenue from operations stood at ` 80,763 million, a growth of 11.8% amidst modest market growth, as compared to 2023. Our EBITDA for the year stood at ` 14,969 million, an increase of 10.7% from the previous year and we recorded PAT of ` 9,777 million in 2024, representing a 7.6% growth from 2023.
For decades, we have delivered cutting edge products that drive efficiency and performance, emerging as a preferred partner for leading OEMs and channel partners in India. Our ability to offer quality solutions tailored to specific customer requirements, enhances customer satisfaction. Besides, the introduction of new products has helped us to move up the value chain significantly, enhancing our customer relationships and deepening the trust and collaboration we share.
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We remain committed to introduce innovative products and solutions to the market through consistent upgradation of our technological capacity and improvement of R&D efforts. It has also enabled us to continue our journey towards providing sustainable and energy-efficient solutions that cater to our customers’ future mobility needs, while consistently generating value.
Digital Transformation is a key driver to support our businesses. We are adopting a holistic approach where we are focusing on technology and data across areas of Enterprise and Operations. With multiple on-going digitalization projects our goal is to achieve seamless data transfers via automated workflows, facilitating for collaborative and effective data-driven decisions. By use of digital omni channels for data exchange, applications and platforms for receiving consistent information and service, we aim to enhance our customer experience.
Schaeffler India is transforming from a components manufacturer into a platform solutions provider. This evolution empowers us to forge deeper connections with customers and unlock greater value. By leveraging cross-platform technologies and expertise, we build solutions that not only drive innovation but also secure enduring competitive advantages, delivering profound impact and value to our partners and stakeholders.
