About Orbit Bearings
Orbit Bearings is a company based in Rajkot (India) founded in 1990. It operates as a B2B. The company has 951 employees as of March 31, 2024. Orbit Bearings offers products and services including Taper Roller Bearings, Truck Hub Bearings, Cylindrical Roller Bearings, and Truck Axle Bearings. Orbit Bearings operates in a competitive market with competitors including NSK, Rolex Rings, Fersa Bearings, NRB Bearings and Ravi Technoforge, among others.
- Headquarter Rajkot, India
- Employees 951 as on 31 Mar, 2024
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Sectors
Transportation, Automotive & LogisticsIndustrial Goods & Manufacturing
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Email
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Phone
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Website
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- Legal Name Orbit Bearings (India) Pvt. Ltd.
- Date of Incorporation 16 Jan, 1990
- Jurisdiction Rajkot, Gujarat, India
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Annual Revenue
$85.49 M (USD)6.47as on Mar 31, 2024
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Net Profit
$12.95 M (USD)15.35as on Mar 31, 2024
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EBITDA
$15.86 M (USD)23.17as on Mar 31, 2024
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Latest Funding Round
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Investors
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Employee Count
951
as on Mar 31, 2024
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Products & Services of Orbit Bearings
Orbit Bearings offers a comprehensive portfolio of products and services, including Taper Roller Bearings, Truck Hub Bearings, Cylindrical Roller Bearings, and Truck Axle Bearings. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Bearings designed for high-load applications in machinery and vehicles.
Bearings for truck wheels ensuring durability and smooth operation.
Bearings optimized for rotational efficiency in engineering systems.
Bearings supporting axles for heavy-duty truck performance.
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Funding Insights of Orbit Bearings
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Orbit Bearings
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Orbit Bearings
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Orbit Bearings Comparisons
Competitors of Orbit Bearings
Orbit Bearings operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as NSK, Rolex Rings, Fersa Bearings, NRB Bearings and Ravi Technoforge, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Major auto components are manufactured and supplied globally.
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| domain | founded_year | HQ Location |
Forged and machined components are produced for industrial bearings.
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| domain | founded_year | HQ Location |
Bearings are manufactured and supplied to aftermarkets by Fersa.
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| domain | founded_year | HQ Location |
Manufactures and supplies roll bearings
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| domain | founded_year | HQ Location |
High precision forged products are manufactured for the automotive sector.
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| domain | founded_year | HQ Location |
Bearings and components are manufactured and supplied for multiple industries.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Orbit Bearings
When was Orbit Bearings founded?
Orbit Bearings was founded in 1990.
Where is Orbit Bearings located?
Orbit Bearings is headquartered in Rajkot, India. It is registered at Rajkot, Gujarat, India.
How many employees does Orbit Bearings have?
As of Mar 31, 2024, the latest employee count at Orbit Bearings is 951.
What is the annual revenue of Orbit Bearings?
Annual revenue of Orbit Bearings is $85.49M as on Mar 31, 2024.
What does Orbit Bearings do?
Orbit Bearings India Pvt. Ltd. specializes in manufacturing high-quality bearings such as taper roller and truck hub bearings. They focus on design optimization and advanced engineering solutions for customers. Based in Rajkot, India, the company serves automotive clients like Ashok Leyland and emphasizes innovation through testing systems and global partnerships. Their production involves quality assurance and research-oriented manufacturing to meet industry standards.
Who are the top competitors of Orbit Bearings?
Orbit Bearings's top competitors include NSK, Rolex Rings and NRB Bearings.
What products or services does Orbit Bearings offer?
Orbit Bearings offers Taper Roller Bearings, Truck Hub Bearings, Cylindrical Roller Bearings, and Truck Axle Bearings.