Bharat Gears Ltd.
Company Profile
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Business Overview
-A leading gear manufacturer in India.
-The Company's business comprises of the following three divisions:
- Gears: Bharat Gears is one of the largest gear manufacturers for OEMs in India, with a leading edge in gear technology in India. It is a major exporter to North American, European, and Asian countries. The Company manufactures a wide range of ring gears and pinions, transmission gears and shafts, differential gears, and gearboxes. The Company’s largest sales segment is agriculture machinery, followed by the automotive segment which includes light, medium, and heavy commercial vehicles, and Construction equipment and others.
- Auto Components: The company manufacture and supply a wide array of automotive parts including Automotive Clutches and Components, Turbo Chargers and Components, Driveline Products, Axle Shafts, Fly Wheel Assemblies and Rings, Propeller Shaft Components, U-J Cross, Steering Components, Differential Cages and Steel Wheel Rims.
- Furnaces: Manufactures heat treatment furnaces on site primarily for the automotive component industry.
-The Company has embarked on a long-term strategy in the last few years that focused on exports.
Shareholders
Listed on the Bombay Stock Exchange and the National Stock Exchange of India |
(As of Mar. 31, 2023) |
| Shareholding Category | Shareholding Ratio (%) |
| Promoters and Promoter Groups | 55.32 |
| Indian Public | 39.41 |
| Private Corporate Bodies | 1.43 |
| Non Resident Indians/Overseas | 1.35 |
| Others | 2.49 |
| Total | 100.0 |
Products
Ring and pinion gears
-Hypoid ring gears - face milling and face hobbing
-Spiral ring gears and pinions
Transmission gears and shafts
Differential gears
-Differential gears
-Differential crosses
Gearboxes
-Synchromesh gearboxes
*Gearboxes manufactured under license from ZF Friedrichshafen AG of Germany.
Automotive Components
-Crown wheel pinion
-Transmission gears
-Straight bevel parts
-Steering components
-Fly wheel assembly
-Fly wheel rings
-Axle shaft
-Ceramic button
-Cover assemblies
-Lever and spring kits
-Clutch components
-Differential cage
-Propeller shaft components
-Crankshaft
-Turbo charger kit
-Turbos charger core and rotor
-U-J Cross
-Steel Wheel Rims
History
| 1972 | Foundation stone laid at Mumbra Factory. |
| 1974 | Inauguration of the Hypoid Plant and commencement of production with Gleason Machines. |
| 1980 | First Oerlikon Spiromatic Generator installed. |
| 1981 | Memorandum of association signed with AFC-Holcroft, USA for construction of furnaces in India to AFC-Holcroft design. |
| 1985 | Collaboration agreement with ZF Friedrichshafen AG, Germany (until May, 2007) |
| 1987 | Delivery for ZF S6-36 Gears & Shafts to Ashok Leyland Ltd. and ZFAG, Germany. |
| 1987 | Start of Assembly of ZF S5-24 Gear Boxes for Ashok Leyland. |
| 1988 | Start of business with Dana Corporation of the USA. |
| 1994 | The Company received ISO 9002 certification. |
| 1996 | The Company reaches sales turnover of INR 1 billion. |
| 2000 | The Company received QS 9000 certification. Start of Commercial production at Faridabad |
| 2004 | BGL Faridabad starts supply to Toyota Kirloskar Auto Parts. |
| BGL Faridabad received ISO 14001 certification. | |
| 2005 | The Company received ISO/TS-16949 & ISO 14001:1996 certification. |
| 2008 | Introduction of Dry Cut Hobbing process. |
| 2009 | Introduction of Klinglenberg Close Loop CNC Gear Measuring system. |
| 2010 | Introduction of Bevel Gear dry cutting process with closed loop technology. |
| 2013 | Established a new plant in Lonand, Maharashtra, India. |
| Introduction of Klingelnberg CNC gear cutting machine (C50) and shaving cutter sharpening machine (SRS-410) |
