Bharat Gears Ltd.
-A leading gear manufacturer in India.
-The Company's business comprises of the following three divisions:
- Gears: The Company manufactures a wide range of ring gears and pinions, transmission gears and shafts, differential gears, and gearboxes. In the fiscal year ended March 31, 2016, the Company’s largest sales segment was agriculture machinery, which contributed 59% of the Company’s sales, followed by the automotive segment which includes light, medium, and heavy commercial vehicles, which comprised 24% of the Company’s sales. Construction equipment and others contributed 8% and 9% of the Company’s sales, respectively.
- Auto Components: Develops and manufactures parts for the automotive aftermarket
- 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.
Listed on the Bombay Stock Exchange and the National Stock Exchange of India
|(As of Mar. 31, 2016)|
|Shareholding Category||Shareholding Ratio (%)|
|Promoters and Promoter Groups||52.98|
Ring and pinion gears
-Hypoid ring gears - face milling and face hobbing
-Spiral ring gears and pinions
Transmission gears and shafts
*Gearboxes manufactured under license from ZF Friedrichshafen AG of Germany.
|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 receives ISO 9002 certification.|
|1996||The Company reaches sales turnover of INR 1 billion.|
|2000||The Company receives QS 9000 certification. Start of Commercial production at Faridabad|
|2004||BGL Faridabad starts supply to Toyota Kirloskar Auto Parts.|
|BGL Faridabad receives ISO 14001 certification.|
|2005||The Company receives 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 close loop
|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
>>>Business Report up until FY ended Mar. 31, 2012
>>>Business Report up until FY ended Mar. 31, 2013 - Mar. 31, 2015
Note: A figure in brackets ( ) indicates a loss