Bharat Gears Ltd.

Company Profile

■URL

http://www.bharatgears.com

■Address

Hoechst House, 14th Floor, Nariman Point, Mumbai 400 021, Maharashtra, India

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, 2019)
Shareholding Category Shareholding Ratio (%)
Promoters and Promoter Groups 54.9
Indian Public 37.2
Private Corporate Bodies 4.1
Non Resident Indians/Overseas 1.8
Others 2.1
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)

Supplemental Information 1