Bharat Gears Ltd

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NSEBSE

128.85-2.90 (-2.20%)

03:53 PM,27th Feb 2024

128.15-4.85 (-3.65%)

04:01 PM,27th Feb 2024

BSE : 505688

NSE : BHARATGEAR

Sector : Auto

ISIN Code : INE561C01019

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Last Updated: Feb 27 2024 | 04:01 PM IST

Market Cap (₹ Cr)

197

Turnover (₹ Cr)

0.32

Volume (Shares)

244604

Face Value

10

52-WK High

136.35

52-WK High Date

10 Jul 2023

52-WK Low

98.10

52-WK Low Date

28 Mar 2023

All Time High

172.63

All Time High Date

16 Sep 2022

All Time Low

2.79

All Time Low Date

01 Jan 2002

Bharat Gears Ltd

Bharat Gears Ltd(BGL) promoted by Bharat Steel Tubes and Raunaq & Company in collaboration with ZF Friedrichshafen Germany was incorporated in 1971 to manufacture automotive gears. The foreign collaborator holds 25.99 % stake in the company.BGL is a major global supplier of automotive gears and heat treatment furnaces. The Company manufactures wide range of Ring Gears and Pinions Transmission Gears and Shafts Differential Gears Gear Boxes and Heat Treatment Furnaces; primarily catering to commercial vehicle agricultural machinery and construction equipment segments. The Company's manufacturing facilities located at Mumbra near Mumbai Faridabad near New Delhi and Lonand near Pune. The Company is also engaged in after-market distribution. There delivery expands to nations across Europe the USA Mexico Brazil and Asia.BGL has two division i.e Automotive gears division and Industrial Furnaces division with the former contributing around 92% of the turnover and the later the balance. The automotive gears division manufactures a wide range of gears - hypoid spiral gears and differential gears which go into axle assemblies and parallel axes gears and shafts which make up the gear box assemblies. This division supplies to OEMS in tractors trucks & Bus and Utility vehicle industries. The company also serves the replacement market and exports to overseas market.BGL's two gear manufacturing units were located at Mumbra(Thane Dt) Maharashtra and Faridabad Haryana. The Faridabad unite commenced commercial operation on May 1 2000. BGL entered into an collaboration with Holcroft US for specialised heat-treatment furnaces.In May 2012 the Company opened work on constructing its third plant at Lonand in Satara district of Maharashtra. The Commercial operations/production at this plant of the Company was started in March 2014.In 2022-23 the Company implemented multimachine layouts in the gear-cutting section and the grinding section. In the Mumbra Plant cycle time was reduced on hobbing machines by increasing hob RPM and in spline shaping operations by changing cutting parameters. In the Bevel segment the face grinding operation was removed for selected pinion parts. HT loading quantity was enhanced by introducing a new grid for selected parts. Loading quantity per tray is increased by loading an extra grid. In Lonand Plant productivity improvement was achieved by adopting cluster cycles reducing hobbing stock and using carbide fixtures resulting in better throughput in finishing operation. Gear grinding fixtures were replaced with collate type or hydraulic fixtures to achieve higher cutting speed and feed. The gear grinding capacity further boosted by increasing cutting velocity. A hydraulic-operated de-burring system was installed on shaping machines. This resulted in the elimination of manual deburring operations after shaping and improving throughput and reduced handling manpower and rejection. Further a rack system was introduced in Finish Goods store for effective use of vertical space in 2023. I n Faridabad Plant the Company eliminated pinion top face grinding process. Tooling coating modified which improved productivity in cutting and parts shifted from manual loading to autoloading. Further set-up time in the hobbing process was reduced by introducing multi-gear cutting (twin hobs) in 2023.

Bharat Gears Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

197

EPS - TTM (₹) [S]

0.00

P/E Ratio (X) [S]

1.68

Face Value (₹) 10
Latest Dividend (%)10.00
Latest Dividend Date 29 Jul 2019
Dividend Yield (%) -
Book Value Share (₹) [S]76.80
P/B Ratio (₹) [S]1.68
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

128.00

134.00

Week Low/High

121.15

134.00

Month Low/High

112.50

134.00

Year Low/High

98.10

136.00

All time Low/High

2.86

173.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week3.95%3.83%0.050.01%
1 Month8.28%8.10%3.393.96%
3 Month11.80%11.85%10.8012.14%
6 Month5.36%5.01%12.6515.22%
1 Year12.63%12.83%23.2927.63%
3 Year155.20%155.86%48.8752.78%

Company Info

Company Information

Chairman / Executive Director : Surinder P Kanwar

ED / Joint MD / Promoter : Sameer Kanwar

Independent Non Exe. Director : W R Schilha

Independent Non Exe. Director : V K Pargal

Non-Exec & Non-Independent Dir : N V Srinivasan

Independent Non Exe. Director : Rakesh Chopra

Independent Non Exe. Director : Hiroo S Advani

Independent Non Exe. Director : RAMAN NANDA

Company Sec. & Compli. Officer : Prashant Khattry

Registered Office: 22 Camac Street Block C, 3 rd Floo,Kolkata,West Bengal-700016 Ph: 91-129-4288600

Email:info@bgindia.com

URL:http://www.bharatgears.com