lSCHAEFFLER tuout uuneo[Fonneny known as FAG Bearings India Limited]Clhl: l_2913tlMH1962FLCIJt2340Regcl.Otfice : Nariman Bhavan, Sth Floor, 22? Baekbay Reclamation. Neriman Point, Mumbai - 4t1t1 021Ph. +91 22 66814444; Fax; +91 22 220211122 Website: www.sehaetl1ar.oo.in Email; investorsupporLin@scheeffler.cnn'1

STATEMENT OF A1JD'|TED FINANCIAL RESULTQ FOR THE QUARTER AND YEAR ENDED DECEMBER 31, 21118(Amount in < martian except pershers data]

W sr. l Plrlleullrs ' rum mamas Endld L ‘rm Endedi *0» a1.2n11j sap 30,201: [Dee :1, 21111 0» as 21:10 foes a1, 201 T

1‘ l|tqggLl .u<a-_zLlAudlterliruhr unaudited‘ Audnaatmful Audited C Allditud

l 1 ‘income l __W_> ii if L

{b)Otnerincon'\e C D D ' F’ 2&5.-1 1r0.:1 160.1 ‘ sosc7 ital Revenue hum operations (refer Note 5] 11,882-.9 11,9143 10.22111 45.515-1 49.996-5 isass

l (g}1Japreciatiun and !.l‘I10l'\!SBllOl‘1 expanse 388.0 371.9 352.5 1,485.0‘ rm Other expenses , '1,aro.e lfi 1.érr.5 , 1,s?4.§ E-.30-11.6 i

Total Income l 12,1283 12,0851 | 10,3801 -1-5,523.1 | 41,592.11i ii Yji 7 l 7 l 7'2 Expensesl(a)CostcIn1alerlalseonsurnet1 i ' 4.aaa.0 4.4.15.0” 4212.6 1a.1r5.9' 15,426.21

the Purchases DfSl.Ofill‘8T tt C gfl 2216.917 -£350.?‘ Tfisr 12.555?’ into) Cllai1geame@ nffiniehed doodsfin-ptieiss andislecl-i~in~ttaT 1 1,oTrT' molt 4.7 tiff 1ssI4

*lu1'T1zY=TsTwt~,F:}etern0:e st?7' ' 7t "Ci-C7 - 1 -‘C*1 - i 1,567(9.1 Employees benefits expense 785.2 816.4 ?2B.G 3,173.8t?ifi1=n§1= C C D Bj" DEIFIFCR T11 110.9 C W‘ 101.s

2936.5

1.331 55,106.4

1'atalE:tpafiias " 10.59.01 10,a0a.u[ s.rsr.u as,rr4.1 ss.ss0.-1

Flemmammnmpmnu 1hr|1i.In|i1i‘_K(1-2]f ' 1.osa.sl 1,101.1 1.011.-1-l_ '_g,14e_.0, 51533.6

‘C4 E:<csptiunailtems[relerNute 3(e]] ' - ‘ 391.4 41.3‘ 402.045.3

_ s |Fmmarmiau-.41 _ 1,saa§" _ .1_,ss'o,.s 1,sr1."1_ §',a1r;u Sauss-l0

6 ‘Tax expanse l(i) Current tax l 452.2 , an r 546.0 2,251.5

ll lnioetemia 1.11 C C 14 C

2,fl2U.1

n21 0; <14 41 ' (132 sil Tar;3-3943-

.8 . . .

1 <'Proflt—ior1.l1'aparl’od[irG| " $011.5") y easel 1,m.5_f| 4,195.0 ,8

iA(i]1ierns thatwill ta be reclassified to profit nrloss 32.4 110.91 . , . 1

191 93 5 141 3] (8? 9)items that will be reclassified to profit or loss111?

C f in Ineurrie tit relating to items that wil hot be reclassified :6 profit Orilnss ' nu)‘ as w.4il* (5.0; a.T‘Bilil ' f I -51 - - r » , - r

1 in Income lax relating to ltems lhat wlll be reclassified to protit or loss l 57.0] (32.71 14.3 30.1 12.3.?)l i 1 l

l1

‘Other Comprehensive Income lD iv: T 13' Tfafi tau

"reel-cmpnuetum |t1e=m¢rar.uu-pprsaupmnfliinn Ptcflrsna.. . .. . . . . . l =9"=l‘i 9!“-.3 -"$9 41-15°!"l w'-mm1'#=i " ' ‘ "

3,951.:

7§ Paid-up equity share caprtal (face value of i 10 per share] [rater Nate 3[c)1 312.8 166 2 312 8 ‘

1343(al Basic [in xi 34.2 20.0 1** T T —‘ " 29 C 2.

1ae.2 . . .10 Other equity [refer use 51(8)] ' ' ' C“, - C - 26,143.? izsoss.-111 ‘trim-19, per equity share (oi i 10 each) (net annuallsedj [re!erilqo_teT3(d]1

4D 7 LB +7 L ”l"i_l 733.3 i H . L‘; *3

1652

124

in Diluted (in at 34.3 .0 l as 134.3 124.3l Dl*+ 4D 7 +7 ‘L i Di D ii 41

é<_\j,R IN94‘

oi?)*B6, 4?/its+5? Scgq can-\“

4000 A“

Q 31 CO,

vunoo "

ha. '7':/v?

ll

SCHAEFFLER INDIA LIMITED{Formeriy known as FAG Bearings India Limited]GIN: l2913Dh1H1962PLC0123-4-UFlsgd.0ffice L Nariman Bhavan, Bth F1oor, 22? Backbay Reciamation. Nariman Point, Mumbai — 400 021Ph. +91 22 66814444; Fax: +91 22 2202?D?_2 Website: \wvw.schaefi|er.|:0.in Email: 1nveslcrsupp0rl.in@schaeffIar.c0m

STATEMENT DF ASSETS 8 IJABILITIES

Sr. Paflicuinr: \ As at 1551

A] \AssErs7 1 Norrcurrnntasaets

a) Prcqasfly, giant a. equipmenl ‘ 1,303.5VKTJH7 . it ii ’-if-—Csp|1.aIw0rk~1n-progress1:} {Other Inta ible assets.. _"@_ __ -_ _\____.- .cl] Hnancsal assets

_ 1 _.i‘"L‘?““‘, __ .? _ _ F _ * __['u') Other financial assets 591.9

e} ‘ijeiarred lax assets (net; 324.9

DOGJ1 2018 D0631 2017.i Alltified ‘ Audlild 1

;_£"f’-2.6112 504.5

i ' _ 5.03.2

10.0BELT

i 100.? ‘?64.B

i _ Ail.

F} incomatax asiét {net} 7 7 7 893.9 _Q] Other non-current assets 301.5 296.9,

_ ITM:-1 Nun-ctlrrentilseti ’ 1-1.010;: : s.a0s.a1.

'[w}L6=r§% *7 W

1 = bi;-F;-1-=T i fi *‘ ‘ ' 0100?fa; inventunes . .

I1} Financiaiassats 7 7i 7 7_ W030-0.0.. TT

7 Cash and cash equwéhnls _ 1,426.07‘ {aij flank balances otherman up suave 1,001.0 3,534.3 ‘

*%é0?fiE§n=m| =§1= '* i i\_”#:T#0I§ s?s.aTc)@e|-'c\Irren1é*sseLs' i 7? ” 7iv fiififii T’

6,006.4

s.-101 .a’|‘1,403.4

30.0ii ' :as.a] __?53.B

'22.5lIl.U, _ _ ]TnmI.G_ur1'l1\t-antiTOTAL ISSEIS

a,m.-s_=,_. a1;m";.r - - 131-$3.!"

_BLEl:ll'l'Y E l5lAB|LFI1f.5 i __ _

1 E=@P'!>'_Q Elly share gapilal _ 165.2 .

2G,T48l 23.0051?bl Other equityT6"! Eflfllhr 2?,0Q_1.3 1 23,2515

,_ 2 fliabilinini i 77 i TG-aumrn liabilitiesFinancial liabilities21]‘_ (i}Burmvfirlgs_ _ _ 4a.?\ _ _sss.2

‘ iii] Other financial liabilities i “QB10.1

446.0Ft: |.urig§mm1_;im§|s1un§ _ 353.6. I ._ [Total ion-|_=ur;nn|iui1i0u; 442.1 1.025.: |’ cumnt liahllltles

‘$1.:-m§¢sa| iabuuies _“ {|}|7T$ayables +i i

7 Totai oumslanding dues 00 and small entarviifise-s 7 7 4 i 33.4_ ‘ Total outsjanding dues ofromar than mcnfina slai enlerpfises + 1,544.0 5,000.1

[ii] abrkmngs i ' ' ii i Q E555? i HIEi (am oifiér fiflai1T=|a| iahilities i

c} Short-hem provisinrlsbi Ctherwnem Iiébflitleai i

_ L _ 1,315.1“ 1.058;.’15-M - 2&1Z95-.0 141.5

TotaI".G|.||1'a_r_|!l|ahil‘l£i|c-Tnhlflahfllfios

10.-'m.:' ; _,-1-,s2u10.81%‘ i. ‘£5522

'ro1w.Eaurr~r'mn L "a7_.a1's.?"; 111,003.:

C

0103000

°’/,1 0? _‘\';-"./_"6'95 !\°°° ‘@000 09'“

Q3B6,?

‘@015+5

seq43.6

ca!-“ax+ [~EEI=13I':3§!

SCHAEFFLER INDIA LIMITED T{Formerly known as FAG Bearings indie Limited]CIN: L29130MH‘l962PLC012340Regdflfflce : Nariman Bhavan, 8th Floor, 22? Baclrbay Reciarnation, Nariman Point, Murnbai - 400 021Ph. +91 22 56514444; Fax; +91 22 220211122 Website: www.schaeffler.i:.o.in Email: investorsupport.ir'i@schaefilercom

‘l Iflovcncalromopnrlfinni _ 1.-i-.1ia2._a 11,91-r.s.| 1n,z2r1.1i -45,0-is.'1,| 40,000.:

i lOthers 152.3

Notes:1 The above financial results tor quarter and year ended December 31. 2010 were reviewed by the Audit Comrnittee at their meeting held on February 13. 2019 and

approved by the Board oi Directors at their meeting rield on February 13. 2019.2 The figures For the last quarter are the balancing figures between audited figures in respect of the lul financial year and the published year-to-dete figures up to t

third quarter of the respective financial year. Also the figures up to the and ol the it-iiro quartervvere only reviewed and not subjected to audit.Zita] 1110 Scheme cl Arrialgernatton of INA Bearn-igs India Private Limited (‘INM and LuK India Private Limited t‘l.uK'} tlelntiy referred to as trensleror oompanies'] with

Schaeliler lndra L'n'i|led ['tne Scherno'). has been approved by the National Company Law Tribunal. Chennai and Itilumbar Benches vlde their orders dated June 13.2015 and October 8. 2018 reepectlveiy. Accordlrgly impact of the Scheme has been given efioct from appointed detefi.e..1ani.rery 1. 2018} in above financial results.Being a common oonn-o1 business combination as per Appendix » G o1'il'Id AS 103 ~ Business Combinations‘, financta! results for quarter ended December 31, 2017and for year ended December 31. 201? as presented in above finanoiat results, have been restated and reconciiation with eartier reported financial results is givenbelow:Particular:

he

Three MonthsEnd“ Your Ended

DeI31.2ll1T DlG31.201T

Profit after taxes ropo_i'_t_od in nriior period: _ 679.0 2.3802Add:_ProIit olt@Scmme '7é T% 300.1 7504.]Profilriiar tax as per above mumgmdt ti #05? 3,584.0

Particular: Year EndedDoc 31. 20111_0,'ra?:0

6.298.-123.0851

Ott-1e_r7_equt1y_ai raprited in earlier porioLi ii.400; Effect orlccount of therscheme iOther equity as per above results [restated]

[ta] As oer the Scheme, all assets and liabilities oi INA and LuK as at appointed date (Le. January 1, 20151 have been recorded at their carrying vaiua determined inaccordance with the Companies [Indian Accounting Standards) Rules, 2015 [ind AS} presrzfoed under Section 133 of the Companies Act. 2013 and other recognisedaccounting practices and policies to the extent applicable. As per the Scheme, all assets and Trabillties of INA and Lott have been recorded at their carrying valuesand difference between not assets and equity after eliminating interoompany balances I0 credited to Capital Reserve. The transteror companies, have for the firsttime adopted ind AS with transition date of January 1, 201? and accordingly financial results for quarter end twelve months period ended December 31. 201?have been restated

{0} in tern-s of the Schema, the Company have alloted 5,214,891 equity shares of INR 10 each to existing shareholders of iNA and 6,428,573 equity shares of INR 1each to existing shareholders of LuK based on share entitlement ratio as per the Scheme.

0

[cl] Basic and diluted EPS for the quarters ended September 30. 2010 and December 31. 201? and for the year ended December 31, 201? has been calculated as per‘ind A5 33 ~ Eamings Per Share‘ after considering 14,643,464 equity shares alloted pursuant to the Scheme.

fie} Exceptional items pertain to provision for stamp duties, professionalioonsulling fees and other costs inr:i.irred pursuant to the Scherne.

-ll As per ‘ind AS 100 - Operating Segments‘. tho Company has reported segment iniormelton under two segments Le 1} Mobflity components and reialed solutions end2] Others.

Particulars ‘l'hr-no Month: Ended Year'l'o DabDoro 31, mg Sip 00.201010» :11, 2011 Doc s1.2rni| Der.131,2017Audited [refer Unludiled 40011-0 (rotor Audited ‘ Auitcd

"Oil 2] l NO“ 2] l i

ta] Segment Revlnue {Net revenue l‘ lnoomcj I 1 1‘miifiryaompunarrrs and related aeidiioi-is i I 9,520.1 l 9,005.? 0,002.1 sr.?:2.s 04041.5‘Others f j l £000.: 1.040 2 1,020.0 1002.2 0.000.?

7 (bl Segment Results (Profit before finance oust and tax}7 Mobility components and related wiufiF 7 7 1.1418 ‘

1,312.0 ‘ 1353.4 ‘ 5,131.0 4,109.0252.

| 1,024.01 *~.'.4aa._;-1 0.011.-1| raisinTotllproflt before finance cool: and tar l 1,380.1' 13.4 40.9 10.4 ‘ 101.0i Less ; l-‘inanoe cost l 27.0+_ . 4+ 4_ _ bi _ _,__lLeas : Uriailocable expenses ~ 391.4 -11.3 432 0 45.3lilac juriaiiaaaitia |rtC0l'1'l-B A l 200.4 71'i'0.3 761i‘ 000.0 ‘ 590.5

2-, i 1é.e.if— rr:=..a ref‘

l

lIi

ilrraaraaranm J 1;ssa_.0 5 _-1,000.0} 1.0.11.-1* 0.111-r.r_rJ -0,000.0l

1&1 §8fl11\IIliI5!EN J A - 7l - . . il .. Llr 0 ,' ml 5Mobility components and related BO|Lll!0l'l$ 22.713 9 21 B78. A_. _ _Z _ _ .is 4‘Others 2,024.0 ‘ 2,121. 2.02-1.0

Urlallocated _ T2Ts.0 12','010.1 11002.4 11.0024

10,0024 22,1109 | 10.0024D 2,1000 A— 2,100.0

‘$7,615.?’

ifiogmant |l3ht|i|.'!!5

F 11.111130,400.4 l 000.01.3 ?'B.5 1 1138.?

21:14.4 2,010.9

3"i rdiL Mobility oomponents and related solutions 6,499.4 L 6,519.2 4,890.6

‘ ‘ornara i _ ’— ; 1,010.0 —1.aa2.0 D 1.Fa.r' Unatlooated 2,1044 ' :t,:~.1iiF]' 2010.0 ‘

12.1000

lwour -03010.-1 . "0114-14% SLBIISJJ~ l

NF‘ifiramueaiimae ’ 10,0113; 11..-z2n_._r1__._L 0-,_sszi:f .1u,s1at-J 0-,asz_.2Ji .. _

(e)ltrletr:api‘tal employed 1 2r,iia1.1i_‘ 20,21-1.ol 20,2010‘ 21,0a1.:J 20,251.117 " Property. plant and equiiirrent (PPE) of the Company is predominantly used for Mobility solutions and rotated components‘ and hence has been disclosed as a

+B0 + SC

~46, 39“

e13 0'2’/ifs

Cl

segment asset under that reporlabie eagrrient.

Q & Co.

43

v40o0»\RP~ }i.~

SCHAEFFLER INDIA LIMITED[Formerly known as FAG Bearings Indra Limited]CIN: L29130|\lH1962PLCl]123-1-0Regdflffice I Nariman Bhavan, Bih Finer, 22? Baclcbay Raciamatiun, Nariman Point, Mumbai - 400 021Ph. +91 22 66814444; Fax; +91 22 2202?D22 Website: \mMw.schaemer.co.[n Email: investorsupport.in@sr:haaffier.c0m

r 5 Revenue for Ihe period upto June 30, 201? includes excise duty collected from customers. Revenue lrom July U1. 2017 onwards is exclusive of Gouda and Services

E The Board of Directors of the Company has recommended a regular dividend for the year ended Decerrber 31, 201 B at the rate of Q 20 per share (201?! 2 17.0 pershar9}anr1, in addifion, a special one lime dividend at the rate of Q 10 per share.

As per our report of even date attached8 S R E Co. LLP For and on behalf of the BoardC rte Accountants

R g. No. 10124-SW I W-100022

Nirav Patel Dharrnesh MorePartner Managing DirectnrMmrbership Nu. 11332? DIN: 05350121

'2.Mumbai R IND“February 13. 2019 "\

er“my"1nonr~?~"

&C0

VADOD

fer Ar.r»°“’'3*'B§*“e%>04?/115+89“

BSR&C0.LLPChartered Accountants

303, 3rd Floor Ocean Building, Telephone +91 l265l 619 4200Beside Center Square Mall,Opp. Vadodaia Central Mall.Dr. Vikrarn Sarabhai Marg,Vadociara 390023, India

Independent Auditor's Report on the Quarterly and Year-to-date financialresults of Schaeffler India Limited (formerly known as FAG Bearings IndiaLimited) pursuant to Regulation 33 of the Securities and Exchange Board ofIndia (Listing Obligations and Disclosure Requirements) Regulations, 2015

ToThe Board ofDirectors of Schaeffler India Limited (formerly known as FAG BearingsIndia Limited)

We have audited the annual financial results of Schaeffler lndia Limited (formerly known as FAGBearings India Limited) (‘the Company‘) for the quarter ended 31 December 2018 and year-to-datefinancial results for the period from l January 2018 to 31 December 2018 (‘the Statement‘), attachedherewith, being submitted by the Company pursuant to the requirement ofltegulatioti 33 ofthe Securitiesand Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 20l5(‘Listing Regulations’). Attention is drawn to the fact that the figures for the quarter ended 31 December2018 and the corresponding quarter ended in the previous year as reported in these financial results arethe balancing figures between audited figures in respect ofthe full financial year and the published year-to-date figures upto the end of the third quarter ofthe relevant financial year. Also the figures up to theend ofthe third quarter had only been reviewed and not subjected to audit.

These quarterly financial results as well as the year-to-date financial results have been prepared on thebasis of the annual financial statements and reviewed quarterly financial results upto the end of the thirdquarter which are the responsibility of the Company’s management. Our responsibility is to express anopinion on these financial results based on our audit of the annual financial statements which have beenprepared in accordance with the recognition and measurement principles laid down in the Companies(Indian Accounting Standards) Rules, 2015 as per Section 133 of the Companies Act, 2013 and otheraccounting principles generally accepted in India and in compliance with Regulation 33 of the ListingRegulations.

We conducted our audit in accordance with the auditing standards generally accepted in India. Thosestandards require that we plan and perform the audit to obtain reasonable assurance about whether thefinancial results are free of material misstatement(s). An audit includes examining, on a test basis,evidence supporting the amounts disclosed as financial results. An audit also includes assessing theaccounting principles used and significant estimates made by management. We believe that our auditprovide reasonable basis For our opinion.

B 5 Fl Si Co {a partnership firm with Registered Oi-Hoe;Flenislration No. BA61223l convened into 5th Ftonr. Last-in Exrrelmz

BSH&Co.LLP

Independent Auditor's Report on the Quarterly and Year-to-date financial results(Continued)Page2of2

Based on our audit conducted as above, in our opinion and to the best of our information and accordingto the explanations given to us, these quatterly financial results as well as the year-to-date results:

(i) are presented in accordance with the requirements of Regulation 33 of the Listing Regulations;and

(ii) give a true and fair view of the net profit and other comprehensive income and other financialinformation for the quarter ended 31 December 2018 as well as the year-to-date financial resultsfor the period from 01 April 20l 8 to 31 December 2018.

For B S R & Co. LLPChartered Accountants

Fi1'm’s Registration No: i0l248W/'W—lO0O22

.m"O\\%

‘ Nirav PatelMumbai Partner13 February 2019 Membership No: 113327

Press Release

RESTRICTED - Page 1

Schaeffler India Limited announces Q4 and full yearresults for the period ended December 31, 2018

Mumbai, February 13, 2019. Leading industrial and automotive supplier, Schaeffler IndiaLimited (BSE: 505790, NSE: SCHAEFFLER) today announced that the Board of Directorsapproved the results for the fourth quarter ended December 31, 2018.

October – December 2018 (Fourth quarter)· Total revenue from operations (net) for the quarter was INR 11,863 million, higher by

16.1% than the corresponding quarter of 2017.· PBT (before exceptional items) for the quarter was INR 1,569 million, in line with the

corresponding quarter of 2017.

January – December 2018 (Twelve months)· Total revenue from operations (net) for the period increased to INR 45,615 million, higher

by 16.0% than the corresponding period of 2017.· PBT (before exceptional items) for the period increased to INR 6,749 million, higher by

13.7% than the corresponding period of 2017.

Commenting on the results and financial performance of Schaeffler India Limited, Mr.Dharmesh Arora, Managing Director, said, “The Automotive sectors of two wheelers,passenger cars and commercial vehicles showed decline in the last quarter of 2018.Despite this development, Schaeffler delivered growth due to business presence acrossIndustrial sectors, which continued to show strong growth. While we maintained thegrowth momentum, an adverse mix impacted Q4 earnings quality. For the whole year, wewere largely able to manage increased steel prices and hikes in import duties to deliverPBT increase of 13.7%.”

About Schaeffler India Limited (formerly FAG Bearings India Limited)Schaeffler has been present in India for over 50 years. With 3 well known product brands LuK, INA and FAG, 4manufacturing plants and 19 sales offices, Schaeffler has a significant presence in India. Schaeffler is among thelargest Industrial and Automotive supplier with sales of INR 45.6 billion in 2018 and around 3,000 employees.The manufacturing plants in Maneja and Savli (Vadodara), produce a vast range of ball bearings, cylindrical rollerbearings, spherical roller bearings and wheel bearings that are sold under the brand name of FAG. The plant atTalegaon near Pune, manufactures engine and powertrain components for front accessory drive system, chaindrive systems, valve train, gear shift systems and a range of needle roller bearings and elements, under the brand

RESTRICTED - Page 2

INA. The fourth manufacturing location is based out of Hosur, producing a wide range of clutches and hydraulicclutch release systems for passenger cars, light commercial vehicles, heavy commercial vehicles and tractorssold under the brand of LuK. Schaeffler also has the largest after-market networks serving the industrial andautomotive customers. All of this is backed by dedicated engineering, research and development support basedin India in support of product teams.

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For further informationVijay Chaudhury, Head – Corporate Communicationsand Investor Relations,Schaeffler IndiaTel: +91 (20) 3061 4221 / +91 91686 84744Email: Vijay.Chaudhury@Schaeffler.com

PR ContactNabanita Mukherjee/Neha KoliKommune Brand Communications Private Ltd.Tel: +91 9823620226/ +91 9717621084Email: nabanita@kommune.in/neha@kommune.in