About the Company – Schaeffler India Limited
Schaeffler India, a subsidiary of the German Schaeffler Group, is a key player in the motion technology space. With over 75 years of global legacy, it specializes in automotive and industrial solutions through innovations in bearings, electrification, motion control, and more. The company operates 4 manufacturing plants and 3 R&D centers across India.
📢 Detailed Report:
Schaeffler India Limited has announced a corrigendum to its Integrated Annual Report 2024, aiming to correct and update key ESG-related disclosures. The updated details pertain to the membership of workers in unions and associations recognized by the company, and revised figures for Scope 3 emissions and its intensity. These updates are present on pages 140 and 163 of the Integrated Annual Report 2024.
The rest of the report remains unchanged, reaffirming the company’s commitment to transparent governance. This move reinforces Schaeffler’s proactive approach toward accurate ESG reporting, aligning with global sustainability frameworks. Such transparency strengthens investor trust and reflects the company’s dedication to stakeholder communication.
Schaeffler’s leadership continues to drive efforts in innovation, sustainability, and digital transformation, ensuring that the brand remains a trailblazer in motion technology. With over ₹80,000 million in revenue, a 45% dividend payout ratio, and robust growth across its divisions, Schaeffler is poised to play a crucial role in India’s e-mobility and industrial evolution.
🔹 Points:
☑️ Corrigendum Issued
➤ Schaeffler updated its Integrated Annual Report 2024.
➤ Correction on:
▪ Union memberships
▪ Scope 3 emissions and intensity (pg. 140, 163)
☑️ Transparency and Governance
➤ All other contents remain unchanged.
➤ Reaffirms Schaeffler’s ethical governance and ESG focus.
☑️ Why It Matters for Retail Traders
➤ Accurate ESG data = Better decision-making.
➤ Indicates long-term sustainability commitment.
☑️ Company Highlights
➤ Revenue: ₹80,763 million (↑11.8%)
➤ PAT: ₹9,777 million (↑7.6%)
➤ 4 plants, 3 R&D centers, 3,605 employees
➤ Presence in major Indian cities
📉 Effect on Share Market
📌 Short-term: Minimal to neutral as this is a compliance update.
📌 Long-term: Positively viewed by ESG-conscious investors. Improves institutional credibility and valuation.
🧩 How It Helps Retail Traders
🔍 Enhances confidence in corporate transparency.
📈 Highlights Schaeffler’s proactive ESG alignment.
📊 Useful for evaluating long-term sustainability and governance indicators in investment decisions.
💬 Phrase:
“Accuracy in reports, clarity in investments – See how Schaeffler leads the ESG way!”
📉 Stock Market Disclaimer
Disclaimer: This post is for informational and educational purposes only and does not constitute financial advice or a recommendation to buy/sell any stock or share. Investing in the stock market involves risk. Past performance is not indicative of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.
