Image Courtesy- Bharat Gears Ltd
Bharat Gears Limited (BGL), one of India’s leading manufacturers of precision automotive gears, has reported a strong financial performance for the financial year 2025–26, underlining the company’s continued focus on operational excellence, manufacturing efficiency and sustainable growth.
According to the company’s Annual Report FY 2025–26, total income increased by 21.60% year-on-year to ₹79,050 lakhs, reflecting steady business expansion and strong customer demand. The company also witnessed significant improvement in profitability, with EBITDA rising 110.68% to ₹5,859 lakhs, while the EBITDA margin improved to 7.47%, representing a 74.53% year-on-year increase.
Bharat Gears posted an exceptional rise in bottom-line performance, with Profit After Tax (PAT) reaching ₹1,650 lakhs, marking a remarkable 417.24% year-on-year growth. The company’s PAT margin also doubled to 3.0%, recording a 200% increase over the previous fiscal year.
Commenting on the results, the company stated that the strong performance reflects the strength of its customer partnerships, engineering excellence and operational capabilities, while reaffirming its commitment to creating sustainable value for customers and stakeholders.
Surinder Paul Kanwar, the Chairman and Managing Director of Bharat Gears Limited
“The increasing demand for green mobility solutions led to a landmark 24.52 lakh EV units being sold in FY 2025-26, an impressive 24.6% y-o-y growth over the previous year
Dear Shareholders, It gives me great pleasure to present the 54th Annual Report of Bharat Gears Limited for the financial year 2025-26. The year was defined by smart growth, key advancements and our steadfast commitment to building a more sustainable future while creating lasting value for all our stakeholders. I am extremely delighted to share that, despite a challenging global environment, we delivered an exceptional performance, closing the year with a record-high Total Income of ` 79,050 Lakhs, a remarkable 21.60% y-o-y growth. Profit after Tax (PAT) rose to ` 1,650 Lakhs, an outstanding 417.24% increase over FY 2024-25, reflecting continued focus on profitability, product and tech innovation, operational excellence, cost leadership and market diversification,” said Mr Surinder Paul Kanwar, the Chairman and Managing Director of Bharat Gears Limited
Established in 1971, Bharat Gears Limited has evolved into a prominent global supplier of precision-engineered automotive gears and heat treatment furnaces. With exports spanning Europe, the United States, Mexico and Asia, the company has built a strong international presence supported by advanced manufacturing facilities, robust research and development capabilities, and strategic collaborations with leading global technology partners.
BGL continues to strengthen its position in the global automotive supply chain through its expertise in powertrain products, serving leading OEMs worldwide. The company is also expanding into emerging sectors such as electric vehicles (EVs) and clean mobility, supported by a strong Environmental, Social and Governance (ESG) framework embedded across its operations.
With more than five decades of expertise in gear technology, Bharat Gears aims to further accelerate its global growth by delivering innovative mobility solutions, enhancing operational excellence and building strategic partnerships that create long-term value for customers, communities and stakeholders.
Find the full report here
