Schaeffler India Upgraded to Higher Quality Grade Amid Strong Financial Performance

Schaeffler India, a midcap player in the Auto Components & Equipments sector, has recently undergone an evaluation revision reflecting its current market standing. The company has demonstrated notable sales growth over the past five years, achieving a rate of 12.64%. Additionally, its EBIT growth during the same period stands at 8.21%, showcasing a solid operational performance.
Financial metrics indicate a robust position, with an average EBIT to interest ratio of 100.00 and a commendably low net debt to equity ratio of 0.00. The company's effective management is further highlighted by a tax ratio of 26.77% and a dividend payout ratio of 46.61%. Institutional holding is at 20.62%, suggesting a stable investor base.

In terms of returns, Schaeffler India has outperformed the Sensex across various time frames, including a year-to-date return of 24.57% compared to the Sensex's 7.47%. Over the past five years, the company has achieved an impressive return of 479.87%, significantly surpassing the Sensex's 108.58%.

When compared to its peers, Schaeffler India maintains a competitive edge, particularly in key financial metrics, underscoring its strong market position within the industry.