Bonfiglioli Transmissions IPO
Open Date
15 Oct 2026
Close Date
19 Oct 2026
Open Date
15 Oct 2026
Close Date
19 Oct 2026
Min Investment
Lot Size
Issue Size
Price Range
Subscribed

Founded In
1998
Director
Ravindra Pisharody
Financials of Bonfiglioli Transmissions IPO
| Key Performance Indicators | Jun 2025 | Dec 2025 | Jun 2026 |
|---|---|---|---|
| Operating Revenue | 960.35 | 2,013.52 | 1,131.86 |
| Other Income | 6.14 | 10.06 | 7.29 |
Total Income | 966.49 | 2,023.58 | 1,139.16 |
Total Expenses | 810.98 | 1,698.35 | 939.25 |
| Profit Before Tax | 155.51 | 325.23 | 199.91 |
Total Profit | 114.96 | 237.87 | 148.58 |
All figures are in crores (₹)

Utilisation of Proceeds
All figures are in crores (₹)
| Purpose | Amount |
|---|---|
| The company intends to carry out an Offer for Sale of up to millions of Equity Shares of face value of Rs. each by the Promoter Selling Shareholder, aggregating to a specified amount in millions. | - |
| The company aims to achieve the benefits of listing its Equity Shares on the Stock Exchanges to enhance visibility, brand image, and provide liquidity and a public market for the Equity Shares in India. | - |
| The company will not receive any proceeds from the Offer; all Offer Proceeds will be received by the Promoter Selling Shareholder after deduction of Offer-related expenses and relevant taxes. | - |
| The Offer expenses, estimated in millions, include listing fees, selling commission, brokerage, fees payable to BRLMs, legal counsel, Registrar, printing, advertising, and other incidental expenses for listing the Equity Shares. | - |

- End-to-end Technology-led Power Transmissions and Industrial Drive Solutions Provider: The company is recognized as the largest manufacturer of gearboxes and drives for OEMs and end-users in Industry & Automation, Off-Highway Mobility, and Wind sectors in India as of June 30, 2026 (Source: F&S Report), with capabilities spanning designing, manufacturing, and supplying products from motion control to power drives including gearboxes, gear motors, inverter controls, servo motors, and accessories.
- Highly Diversified Offerings Across Business Verticals and Customer Industries: The company has manufactured and supplied more than 11,800 SKUs as of December 31, 2025, and is recognized as the only major gearbox supplier with a comprehensive portfolio serving Industry & Automation, Off-Highway Mobility, and Wind end-markets (Source: F&S Report), with no single end-user industry contributing more than 10% of Industry & Automation revenue.
- Established Parentage and Trusted Brand Backed by Global and Local R&D Capabilities: The company benefits from the Bonfiglioli Group's global brand equity and R&D infrastructure, with the India R&D Centre in Chennai housing 119 engineers as of June 30, 2026, being the only test laboratory in India equipped to test yaw and pitch drives for wind turbines (Source: F&S Report); revenue from new products introduced in the preceding three years reached 29.72% in the six months period ended June 30, 2026.
- Deep Relationships with Marquee Customers Built Through Decades of Collaboration: The company served more than 930 OEM customers directly in the six months period ended June 30, 2026, with seven of its top 10 OEM customers engaged for more than 10 years; the top 10 OEM customers accounted for less than 31.72% of revenue from operations, reflecting a well-diversified and loyal customer base.
- Strong Sales Team, Dealer Network, and After-Sales Service Support: The company operates through a pan-India sales network of 13 sales offices and 64 sales employees, supported by 44 authorized dealers (36 exclusive) with 54 outlets as of June 30, 2026; 16 dealers have been associated for 20+ years, and after-sales services are provided through 15 in-house engineers and 13 third-party service facilities with an average next-working-day response time.
- State-of-the-Art Manufacturing Infrastructure with Embedded Industry 4.0 Principles: The company operates three manufacturing facilities across Tamil Nadu and Maharashtra with aggregate capacity utilization improving from 64.22% in Fiscal 2023 to 75.04% in the six months period ended June 30, 2026, supported by advanced automation, IoT connectivity, robotic painting, SAP-enabled MRP, and real-time data analytics (Source: F&S Report).
- Efficient and Localized Supply Chain Network: The company sources 68.32% of raw materials and components domestically as of the six months period ended June 30, 2026 (up from 64.12% in Fiscal 2023), supported by 285 suppliers with an average relationship tenure of approximately 12 years, with no single supplier exceeding 20% of total purchases.
- Stable and Experienced Management Team Delivering Strong Financial Performance: The company is led by a management team with tenures ranging from 6 to 24 years, and has delivered revenue from operations of ₹11,318.69 million, EBITDA (excluding other income) of ₹2,238.74 million (19.78% margin), and restated PAT of ₹1,485.81 million in the six months period ended June 30, 2026, with ROCE of 20.03% and ROE of 14.66%.

