Schaeffler India's Rs.28 Dividend Per Share: 400% 5 Year Gain, Record Date Tomorrow; Should You Invest?

Mid-cap stock Schaeffler India, which is a major player in the automotive components and equipment manufacturing sector, has announced a significant dividend payout for its shareholders. The record date for shareholders eligible for this dividend is set for April 23, 2025, which means this is the last chance for the investors to cash in on this dividend.

Schaeffler India Dividend Payout Details

Schaeffler India, in an official stock exchange filing on February 27, 2025, informed that the Board of Directors had recommended the dividend for the financial year ended December 31, 2024. If shareholders approve this dividend at the AGM on April 30, the company has committed to paying the dividend within 30 days from the AGM date.

Schaeffler India Share Price Movement

As of today, Schaeffler India's share price closed at Rs.3,340.90, rising by 50.80 points or 1.54%. Over the past five days, the stock has jumped 7.61%. However, on a broader timeline, the stock is down by 14.13% over the last six months. Despite this, Schaeffler India has seen an impressive 401.56% growth in its stock price over the last five years.

Schaeffler India Q3 Financial Results

Schaeffler India has posted impressive financial results for Q3 FY25, indicating strong growth across key metrics. The company reported a 13.20% year-on-year (YoY) increase in net profit for the quarter ending December 2024, which rose to ₹237.28 crore from ₹209.61 crore in the same period last year.
Additionally, the company's sales for Q3 Q3FY25 grew by 13.95%, reaching ₹2,136.06 crore compared to ₹1,874.55 crore in Q3 Q3FY24. The company's net profit for the year ending December 2024 showed a 13.54% increase, amounting to ₹8,232.38 crore compared to ₹7,244.74 crore in the previous year. Furthermore, Schaeffler India's EBITDA (earnings before interest, taxes, depreciation, and amortisation) rose by 14.2%, from ₹324.1 crore in Q3FY24 to ₹370.2 crore in Q3FY25. Despite the increase in EBITDA, the company's EBITDA margin remained stable at 17.3%.

About Schaeffler India

Schaeffler India, part of the global Schaeffler Group, is a leader in the design and manufacturing of automotive components and industrial equipment. The company offers a wide range of products, including bearings, clutches, and other high-precision components used in the automotive, industrial, and renewable energy sectors. Schaeffler India serves major Original Equipment Manufacturers (OEMs) and Tier 1 suppliers in the automotive industry, making it a key player in the market.