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SKF India Ltd

₹ 1,8700.53%
16 Jan 3:31 p.m. – close price
🔗skfindia.com•BSE: 500472•NSE: SKFINDIA
Market Cap₹ 9,243 Cr.
Current Price₹ 1,870
High / Low₹ 2,396
Stock P/E23.1
Book Value₹ 558
Dividend Yield0.77 %
ROCE28.8 %
ROE21.4 %
Face Value₹ 10.0
Sales₹ 3,428 Cr.
OPM15.7 %
Mar Cap₹ 9,243 Cr.

ABOUT

SKF India Ltd is a leading supplier of products, solutions & services within rolling bearing, seals, mechatronics, and lubrication systems.[1]

KEY POINTS

Parent CompanyThe company is a subsidiary of AB SKF which holds ~53% stake through group companies.[1]AB SKF is a Swedish bearing and seal manufacturing company founded in 1907. It manufactures and supplies bearings, seals, lubrication and lubrication systems, maintenance products, mechatronics products, power transmission products, etc. It employs ~44,000 in ~110 manufacturing units around the world.[2]

Also present in buckets:
Aggressive Growth TriggersExcellent ResultsRevenue GuidanceAsset Base ExpansionCapacity Expansion And ProductsPreferential IssuanceOrder Book PositionRevenue Guidance Vs ActualsRevenue Guidance Vs ActualsRed Flags And Poor Performance

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.Timken India2992.4049.4922508.421.2089.47-0.53772.992.6720.933193.0318.70454.8389.478.1313.910.01
2.Grindwell Norton1583.0046.0617526.981.06107.4311.12774.7411.6520.902890.3218.04380.69106.887.7211.960.04
3.Carborundum Uni.814.9062.1215519.570.4974.26-35.691298.086.0416.124989.6712.04249.8974.514.168.490.08
4.SKF India Indus.2697.40–13335.410.00-0.56–0.00–––––-0.56–––
5.SKF India1869.6523.089243.190.77105.65-2.04495.9124.3528.823427.8815.68400.4641.303.3615.680.00
6.Wendt India7245.0052.521449.000.702.70-74.7456.581.6519.81237.7518.2327.592.705.8312.370.00
7.SKP Bearing165.5051.64274.730.673.35231.6839.9615.9611.9675.8316.885.323.355.393.180.68
–Median: 8 Co.1726.3349.4911289.30.6938.8-2.04276.256.0419.812890.3216.88249.8922.325.3911.960.04

Quarterly Results

Standalone figures in ₹ crores

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Sales
1,0551,0781,0771,0951,1501,1251,0921,2031,2063991,2561,213462496
Expenses
8718648939289471,0019209901,0133361,135929389438
Operating Profit
184215184167203124172213194631212857458
Other Income
910132023182435405948127774
Profit before tax
176208180170208122177229214109147275135116
Tax %
27%25%35%28%26%26%25%24%26%13%26%26%12%9%
Net Profit
1291561161231559013217515994110203119106
EPS in Rs
26.1531.5723.5824.8731.2818.2626.7635.3932.1919.1022.2041.0524.0121.39

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Dec 2013Dec 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
2,2752,4142,9972,6312,7503,0352,8422,6713,6664,3054,5704,9203,428
Expenses
2,0142,1322,6362,2952,3162,5492,4922,2513,1103,5563,8534,1742,890
Operating Profit
261281362336435486349420556749718745538
Other Income
417910187719210436355294101210
Interest
0000589222110
Depreciation
49546848464657585767758374
Profit before tax
253306394376455524387396531733736763674
Net Profit
167203256244296336289298395525552566537
EPS in Rs
31.6438.4848.5646.2857.6867.9758.5060.2779.99106.23111.69114.54108.65
Dividend Payout %
24%26%31%22%21%18%222%24%18%38%116%13%–

Compounded Sales Growth

10 Years:7%
5 Years:12%
3 Years:10%
TTM:-12%

Compounded Profit Growth

10 Years:11%
5 Years:17%
3 Years:13%
TTM:-21%

Stock Price CAGR

10 Years:13%
5 Years:17%
3 Years:-4%
1 Year:-6%

Return on Equity

10 Years:19%
5 Years:22%
3 Years:23%
Last Year:21%

Balance Sheet

Standalone figures in ₹ crores

Dec 2013Dec 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
53535353514949494949494949
Reserves
1,2231,3631,6121,7581,7861,6481,8561,5141,8362,2922,6332,5492,705
Borrowings
0065348590221816141272
Other Liabilities
4204954194595225105427217138229579591,116
Total Liabilities
1,6951,9112,1492,3042,4442,2972,4692,3032,6153,1783,6513,5643,873
Fixed Assets
376347298299293284352345402424472551408
Gross Block
–1,013.12377.66425.54461.90483.17595.11633.95754.39835.41954.981,115.17–
Accumulated Depreciation
–666.1779.76126.67168.93199.06243.46288.70351.90411.33482.61564.37–
CWIP
25181235376241655263895656
Investments
0201914915444197222999
Other Assets
1,2941,5261,8201,8211,9601,9061,8791,8902,1582,6883,0812,9483,400
Total Assets
1,6951,9112,1492,3042,4442,2972,4692,3032,6153,1783,6513,5643,873

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Dec 2013Dec 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
1222182611536718133032457690624203
Cash from Investing Activity
-165-3-174147-265306-154654-33-45-158-60
Cash from Financing Activity
-46-9349-126-225-477-178-652-78-79-204-650
Net Cash Flow
-89122-99136-12311-2326-53567262-507

Ratios

Standalone Figures in ₹ Crores / Yearly

Dec 2013Dec 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
535659716563568068586063
Inventory Days
657165949295921091109890106
Days Payable
6482576889728413583869480
Cash Conversion Cycle
544667976886645496695688
Working Capital Days
444456855671656087594769
ROCE %
23%23%25%21%24%28%19%23%31%34%29%29%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters
52.58%52.58%52.58%52.58%52.58%52.58%52.58%52.58%52.58%52.58%52.58%52.58%52.58%
FIIs
6.48%6.51%6.42%6.46%6.61%6.77%7.93%8.25%8.32%8.21%7.55%6.98%7.01%
DIIs
28.97%29.09%29.37%29.20%28.98%29.00%28.12%27.32%27.15%26.51%26.61%27.01%26.74%
Public
11.98%11.81%11.66%11.77%11.83%11.65%11.38%11.86%11.93%12.68%13.27%13.42%13.67%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

SKF India Files Compliance Certificate for Share Dematerialization for Q4 FY26

10th April 2026, 11:25 pm

SKF India: Senior Management Resignation - Head Automotive Business To Exit

1st April 2026, 10:29 pm

SKF India to Close Trading Window from April 1, 2026, for Q4/FY Results

23rd March 2026, 7:27 pm

SKF India Appoints Three New Non-Executive Directors Post Shareholder Approval

18th March 2026, 1:48 am

SKF India Members Approve Appointment of Three Directors via Postal Ballot

18th March 2026, 1:08 am

Published by Other Websites

External media mentions & references

SKF India Bets ₹653 Crore on Pune's Future Factory

16th February 2026, 7:29 pm

SKF India Pours ₹653 Cr into New Pune Manufacturing Hub

16th February 2026, 7:03 pm

Global Tech Rout, AI Race Overshadow Indian Earnings

6th February 2026, 7:18 am

SKF India Profit Crashes 43%, Revenue Halved Amidst Sharp Contraction

5th February 2026, 10:52 pm

Budget 2026 Sparks Sector Shift: Manufacturing & EVs Lead

2nd February 2026, 4:36 pm

News Articles

Editorial & research coverage

Global Tech Rout, AI Race Overshadow Indian Earnings
Global Tech Rout, AI Race Overshadow Indian Earnings

6th February 2026, 7:18 am

Budget 2026 Sparks Sector Shift: Manufacturing & EVs Lead
Budget 2026 Sparks Sector Shift: Manufacturing & EVs Lead

2nd February 2026, 4:36 pm

2025's Market Shockwave: Top 5 Nifty 500 Stocks CRASH, Wiping Out Investor Wealth!
2025's Market Shockwave: Top 5 Nifty 500 Stocks CRASH, Wiping Out Investor Wealth!

25th December 2025, 9:50 am

SKF India's Bold New Chapter: Industrial Arm Lists, Unveils ₹8,000 Cr+ Investment!
SKF India's Bold New Chapter: Industrial Arm Lists, Unveils ₹8,000 Cr+ Investment!

5th December 2025, 7:16 pm

SKF India's Bold Move: New Industrial Entity Lists at a Discount - What Investors Need to Know Now!
SKF India's Bold Move: New Industrial Entity Lists at a Discount - What Investors Need to Know Now!

5th December 2025, 11:12 am

Documents

Announcements

Announcement under Regulation 30 (LODR)-Code of Conduct under SEBI (PIT) Regulations, 2015

18h - Designated person executed 1-share contra-trade (bought 05-Dec-2025 Rs1,929.50; sold ~31-Dec-2025 Rs1,779.10).

Announcement under Regulation 30 (LODR)-Resignation of Director

12 Jan - Mukund Vasudevan resigns as Non-Executive, Non-Independent Director effective close of business 12 January 2026; reason: other commitments.

Announcement under Regulation 30 (LODR)-Resignation of Director

12 Jan - Karl Robin Joakim Landholm (DIN:09651911) resigned as Non-Executive, Non-Independent Director effective COB 12 Jan 2026.

Announcement under Regulation 30 (LODR)-Resignation of Director

12 Jan - Kerstin Enochsson resigns as Non-Executive, Non-Independent Director effective COB 12 Jan 2026.

Announcement under Regulation 30 (LODR)-Change in Directorate

10 Jan - Three additional directors appointed w.e.f. 13 Jan 2026; four resignations effective 12 Jan 2026.

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

(from bse)

Financial Year 2023

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Financial Year 2022

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Financial Year 2021

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Financial Year 2020

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Financial Year 2019

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Financial Year 2018

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Financial Year 2017

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Financial Year 2016

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Financial Year 2014

(from bse)

Financial Year 2013

(from nse)

Financial Year 2013

(from bse)

Financial Year 2012

(from bse)

Financial Year 2011

(from bse)

Credit Ratings

No credit ratings.

Concalls

Aug 2025

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Aug 2023

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Stock Analysis

Description

SKF India Ltd is a leading supplier of products, solutions & services within rolling bearing, seals, mechatronics, and lubrication systems. The company is a subsidiary of AB SKF, a Swedish manufacturer.

Key Growth Triggers

The company is progressing with its demerger into two focused entities, SKF Industrial and SKF Automotive. SKF Industrial plans significant investments by 2030, including a new Pune plant by 2028, targeting key segments like manufacturing, railways, and renewables. SKF Automotive will also receive investments for capacity expansion in mobility segments, aiming for enhanced agility and profitable growth.

Order Book

Currently no data available for Order Book.

Key Red Flags

A designated person violated the Code of Conduct for Prevention of Insider Trading by executing a contra-trade within six months (buy on December 5, 2025, sell on December 31, 2025). Necessary actions are being taken, with an update pending the Audit Committee meeting.

Key Dates To Watch

  1. December 5, 2025: Trade purchase date.
  2. December 31, 2025: Trade sale date.
  3. January 5, 2026: Advice letter sent to the designated person.
  4. January 8, 2026: Show cause notice issued.
  5. January 12, 2026: Reply received from the designated person.
  6. Ensuing Audit Committee Meeting: Matter to be placed for further action.

Corporate Announcements

10th Apr 26
Impact Rating: 3
For the quarter ended March 31, 2026, SKF India Limited received a certification from its RTA. This confirms compliance with SEBI rules on dematerialization and rematerialization of its securities.
1st Apr 26
Impact Rating: 5
Mr. Alagesan Thasari, a key Senior Management Personnel and Head of SKF India's Automotive Business, has resigned. The company has accepted his resignation, effective April 21, 2026, as he seeks career opportunities outside the firm.
23rd Mar 26
Impact Rating: 6
SKF India announces a trading window closure starting April 1, 2026, for its directors, promoters, and designated persons, which will last for 48 hours post-Q4 and FY results declaration.
17th Mar 26
Impact Rating: 6
SKF India announced that shareholders, via postal ballot concluded on March 17, 2026, approved the appointment of three new Non-Executive, Non-Independent Directors: Mr. Antonio Molle, Mr. Bastian Thomas, and Mr. Magnus Lennart Prick. Their appointments are effective from January 13, 2026.
17th Mar 26
Impact Rating: 8
Following a postal ballot, SKF India Limited's members have approved the appointment of Mr. Antonio Molle, Mr. Bastian Thomas, and Mr. Magnus Lennart Prick as Non-Executive, Non-Independent Directors.