SKFINDIA · SKF India Ltd · Misc. Fabricated Products
SKFINDIA · SKF India Ltd · Misc. Fabricated Products
As of 05 Nov close
52-week range
36.7% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 16 Oct 2026
Revenue (latest Q)
₹588 Cr
Revenue YoY
PAT YoY
-47.6%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
5.4
P/S (TTM)
2.3
Sector P/E
25.4
Dividend yield
+2.8%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| SKFINDIA (this stock) | 39.5 | 5.4 | +6.8% | +15.8% | 0 | +2.8% |
| Bharat Forge | 145.1 | 9.9 | +4.0% | +7.4% | 0.76 | +0.4% |
| Havells India | 44.5 | 8.6 | +6.9% | +17.3% | 0.03 | +0.9% |
| Schaeffler India | 52.3 | 10.2 | +11.9% | +20.4% | 0.01 | +0.9% |
Promoter
stable
FII
falling 1q
MF
24.25% (+0.19pp)
rising 2q
Insider trades
| Date | Insider | Type | Qty | Value |
|---|---|---|---|---|
| 22 Dec 2025 | Aktiebolaget SKF | SELL | 2,59,92,059 | — |
| 22 Dec 2025 | SKF Interim AB | BUY | 2,59,92,059 | — |
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
No related news.
Concalls & investor presentations
AI-generatedKey takeaway: In the Q1 FY2026-27 earnings call, SKF India Limited reported a 27% year-over-year revenue growth to INR 5.9 billion, though revenue was flat quarter-over-quarter. EBITDA improved by 7 basis points year-over-year and 540 basis points quarter-over-quarter, while profit before tax rose by 61 basis points year-over-year and 527 basis points quarter-over-quarter. The company noted stable IIP growth at 4.8% and a manufacturing PMI of 54.4. OEMs accounted for 62% of sales, with 2-wheelers contributing 54%, passenger vehicles 31%, and commercial vehicles 15%. The company highlighted success stories including winning a wheel-end business from a major passenger vehicle manufacturer, receiving awards from Suzuki and Degree Torque Transfer Solution, and achieving 98% renewable energy usage in all three plants. Management guided toward a 20% revenue growth for the year, with INR 170-180 crore capex expected in FY2026. The company also mentioned plans for portfolio rationalization to improve efficiency and focus on automotive growth, with EV-related projects expected to ramp up by late 2028. The gross margin was 51% in Q1, influenced by mix and inventory revaluation factors.
The summary presents factual results, strategic initiatives, and guidance without overtly positive or negative language.
Sourced from an exchange-filed transcript, dated 21 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: SKF India Limited submitted an investor presentation for the earnings call scheduled on August 17, 2026, to share results for Q1 FY 2026-27. The presentation highlighted key macroeconomic indicators, reporting a 27.1% year-over-year increase in revenue to 5.9 billion INR, although it showed a slight decline of 1.1% quarter-over-quarter. Profit Before Tax (PBT) margin improved to 14.3%, up 61 basis points year-over-year. The document detailed success stories, including a new business win in passenger vehicle wheel bearings, and recognized achievements in sustainability, with all three automotive plants achieving over 98% renewable energy sourcing. The presentation also noted awards received for delivery performance and technical partnerships. Management emphasized the importance of customer engagement and local production in enhancing competitiveness and securing incentives under government initiatives.
Management highlighted strong sales growth and successful sustainability initiatives.
Sourced from an exchange-filed presentation, dated 17 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: During the earnings call held on May 21, 2026, management reported a 3% sales growth in Q4, amounting to INR 5.6 billion, while profit before tax dropped by 9% due to one-off gains in the previous quarter. For the full fiscal year, sales grew by 12.8% to INR 20.3 billion, but profit before tax decreased by 694 basis points. Management highlighted stable macroeconomic indicators, including a 4.1% IIP growth and a 53.9 PMI for March 2026. The CFO noted that the highest quarterly sales were driven by original equipment manufacturers, which accounted for 66% of sales. Management discussed their RACE strategy focusing on energy efficiency and customer partnerships, and they acknowledged the impact of demerger-related costs on profitability. They set a goal for sustainable margins of 11-12% moving forward, emphasizing a commitment to operational excellence and shareholder returns.
Management reported both growth in sales and challenges in profitability.
Sourced from an exchange-filed transcript, dated 26 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: SKF India Limited submitted an investor presentation for the earnings call scheduled on May 21, 2026, detailing the Q4 FY 2025-26 results. The presentation highlighted a 3% quarter-on-quarter increase in sales, reaching 5.55 billion INR, and a 14.8% year-on-year growth. However, profit before tax (PBT) decreased by 770 basis points quarter-on-quarter to 9.0%. The document noted that the company's performance was impacted by one-off factors, despite a strong sales growth driven by improved volumes. For the full fiscal year, revenue increased by 12.7%, attributed to growth in core segments such as two-wheelers and passenger vehicles. The presentation also outlined strategic priorities for 2030, focusing on innovation and commercial excellence, and mentioned new business wins in electric vehicle components. The document concluded with a summary of customer awards received in Q1 2026.
The presentation reported both strong sales growth and challenges in profitability.
Sourced from an exchange-filed presentation, dated 21 May 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedSKF India Limited (SKFINDIA) completed its demerger in FY2025-26, splitting into two entities: SKF India (Industrial) Limited and SKF India Limited (Automotive Business). The company declared a final dividend of INR 40 per equity share, a significant increase from INR 14.5 in the prior year. The Board appointed new directors, including Mr. Shailesh Sharma as Managing Director. The company faced several contingent liabilities related to income tax, excise duties, GST, and customs disputes, with some pending in appellate tribunals. No statutory audit qualifications or insolvency proceedings were noted.
- Completed demerger into Industrial and Automotive businesses with separate governance structures.
- Declared a final dividend of INR 40 per share, up from INR 14.5, totaling INR 1,977.6 million.
- New directors appointed, including Mr. Shailesh Sharma as Managing Director.
- Contingent liabilities exist for income tax, excise duties, GST, and customs disputes, some pending in appellate tribunals.
- No statutory audit qualifications or insolvency proceedings reported.
Key takeaway: SKF India Limited completed a strategic demerger and declared a substantial dividend, but faces unresolved contingent liabilities related to tax and customs disputes.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Default / Covenant Breach (2 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Default / Covenant Breach
2 occurrencesRecent (last 12 months)
SKF India Limited has statutory dues in arrears for more than six months as of 31 March 2026, including excise duty, customs duty, service tax, sales tax, and income tax, with disputes pending before various tribunals and authorities.
Earlier (1-3 years ago)
The company has statutory dues in arrears for more than six months as of March 31, 2025, including various taxes and duties under dispute in multiple forums.
Routine disclosures
Contingent Liability
2 occurrencesRecent (last 12 months)
The company has contingent liabilities related to income tax adjustments under a Bilateral Advance Pricing Agreement (BAPA) with CBDT, including an incremental tax expense of INR 614.8 million and interest of INR 72.8 million for the year ended March 31, 2026.
Earlier (1-3 years ago)
SKF India Limited and SELIPL have provided a corporate guarantee for a loan secured by a first charge on all fixed assets of the borrower.
Related-Party Transaction
3 occurrencesRecent (last 12 months)
SKF India Limited has related party transactions involving sales to and purchases from SKF Industrial, with a noted markup required for such transactions.
The company conducted a postal ballot to approve Material Related Party Transactions with SKF India (Industrial) Limited for FY 2025-26.
Earlier (1-3 years ago)
The company's Board of Directors approved a loan of MINR 1,300 to SELIPL, which is part of a Material Related Party Transaction Limit of MINR 11,243.5, for FY 2025-26 with specific terms and conditions.
Management & Board Governance
1 occurrenceEarlier (1-3 years ago)
Mr. David Leif Henning Johansson, a Non-Executive, Non-Independent Director, resigned on 17th September, 2024. Mr. Manish Bhatnagar, a Non-Executive, Non-Independent Director, resigned on 13th February, 2025.