Bharat Forge Limited (BHARATFORG.BO)

1,274.65 +3.50 (+0.28%) At close: 03:29PM IST

Bharat Forge Limited

Pune Cantonment
Mundhwa
Pune 411036
India
91 20 6704 2777
https://www.bharatforge.com

Sector(s): Consumer Cyclical
Industry: Auto Parts
Full-time employees: 4,265

Key executives

Name	Title	Pay	Exercised	Year born
Dr. Babasaheb Neelkanth Kalyani M.S. (MIT)	Chairman & MD	200.45M	N/A	1949
Mr. Amit Babasaheb Kalyani B.E. (Mech.), B.E.(Mech.	Joint MD & Executive Director	47.14M	N/A	1975
Ms. Tejaswini Ramkrishna Chaudhari	Compliance Officer & Company Secretary	4.29M	N/A	N/A
Mr. B. P. Kalyani B.E.(P), M.B.A., M.S.	Executive Director	43.03M	N/A	1963
Mr. Subodh E. Tandale B.E.(Mech.)	Executive Director	47.4M	N/A	1969
Mr. Kedar Dixit	Chief Financial Officer	N/A	N/A	N/A
Dr. S. V. Bhave	Director of HR & IR	N/A	N/A	1954
Mr. V. M. Munje	President of Corporate & Group General Counsel	N/A	N/A	1970
Mr. Vijay Kumar Jain B.Tech.(Mech.)	Senior Vice President of Sales & Marketing	N/A	N/A	1947
Mr. H. K. N. Swamy B.E.(Mech.)	Senior Vice President of MTB	N/A	N/A	1948

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.

Description

Bharat Forge Limited manufactures and sells forged and machined components in India and internationally. It operates in two segments, Forgings and Others. The company offers automotive components, including crankshafts, connecting rods, emission/after treatment, fuel injection systems, chassis, and transmission and driveline components; and power generation components for thermal, hydro, and wind energy. It provides oil and gas forging products, such as subsea, surface, and drilling components; rail products comprising engine and bogie components, turbochargers, and power electronics; and marine products that include propellers, marine motor, stern tube, crankshaft, conrod, piston rod, and rubbers. In addition, the company offers various components for the aviation sector, such as fan blades, compressors, turbines, aero structures, and landing gear components; construction and mining products, including track links, front spindles, machined crankshafts, and injector bodies; and electric power-train products, such as full powertrain solutions, systems and sub systems, and parts for powertrain. Further, it designs engineering and product development solutions. The company was incorporated in 1961 and is headquartered in Pune, India.

Corporate governance

Bharat Forge Limited’s ISS governance QualityScore as of 1 May 2024 is 9. The pillar scores are Audit: 1; Board: 10; Shareholder rights: 1; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.