SKF India Ltd
SKF India Ltd is a leading supplier of products, solutions & services within rolling bearing, seals, mechatronics, and lubrication systems.[1]
- Market Cap ₹ 10,474 Cr.
- Current Price ₹ 2,119
- High / Low ₹ 2,472 / 1,652
- Stock P/E 19.9
- Book Value ₹ 526
- Dividend Yield 0.68 %
- ROCE 28.8 %
- ROE 21.4 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 55.6%
Cons
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Products Abrasives & Bearings
Part of BSE 500 BSE Capital Goods Nifty 500 BSE SmallCap Nifty MNC
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 2,671 | 3,666 | 4,305 | 4,570 | 4,920 | 4,997 | |
| 2,251 | 3,111 | 3,556 | 3,853 | 4,175 | 4,300 | |
| Operating Profit | 420 | 555 | 749 | 718 | 745 | 697 |
| OPM % | 16% | 15% | 17% | 16% | 15% | 14% |
| 36 | 35 | 52 | 94 | 102 | 99 | |
| Interest | 2 | 2 | 2 | 1 | 1 | 1 |
| Depreciation | 58 | 57 | 67 | 75 | 83 | 86 |
| Profit before tax | 396 | 531 | 733 | 736 | 763 | 709 |
| Tax % | 25% | 26% | 28% | 25% | 26% | |
| 298 | 395 | 525 | 552 | 566 | 525 | |
| EPS in Rs | 60.26 | 79.95 | 106.25 | 111.70 | 114.56 | 106.32 |
| Dividend Payout % | 24% | 18% | 38% | 116% | 13% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 10% |
| TTM: | 8% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 13% |
| TTM: | -6% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 25% |
| 3 Years: | 0% |
| 1 Year: | -10% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 23% |
| Last Year: | 21% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 49 | 49 | 49 | 49 | 49 |
| Reserves | 1,514 | 1,836 | 2,292 | 2,633 | 2,549 |
| 18 | 16 | 14 | 12 | 7 | |
| 721 | 713 | 822 | 957 | 959 | |
| Total Liabilities | 2,303 | 2,615 | 3,178 | 3,651 | 3,564 |
| 345 | 402 | 424 | 472 | 551 | |
| CWIP | 65 | 52 | 63 | 89 | 56 |
| Investments | 2 | 2 | 2 | 9 | 9 |
| 1,890 | 2,158 | 2,688 | 3,081 | 2,948 | |
| Total Assets | 2,303 | 2,615 | 3,178 | 3,651 | 3,564 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 324 | 57 | 690 | 624 | 203 | |
| 654 | -33 | -45 | -158 | -60 | |
| -652 | -78 | -79 | -204 | -650 | |
| Net Cash Flow | 326 | -53 | 567 | 262 | -507 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 80 | 68 | 58 | 60 | 63 |
| Inventory Days | 109 | 110 | 98 | 90 | 106 |
| Days Payable | 135 | 83 | 86 | 94 | 80 |
| Cash Conversion Cycle | 54 | 96 | 69 | 56 | 88 |
| Working Capital Days | 60 | 87 | 59 | 47 | 70 |
| ROCE % | 31% | 34% | 29% | 29% |
Documents
Announcements
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Report Under Regulation 10(7) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011.
31 Oct - Inter-se transfer of 3,326,004 shares to AB SKF; promoter holding unchanged (31 Oct 2025).
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
30 Oct - The company is organizing a plant visit for a few Analyst(s)/ Institutional Investor(s) on Friday 07th November 2025.
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Announcement under Regulation 30 (LODR)-Allotment
17 Oct - Allotment of 4,94,37,963 shares on 17 Oct 2025; listing applications to NSE/BSE.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
15 Oct - RTA certificate confirming demat/remat details for quarter ended 30 Sep 2025 filed on 15 Oct 2025.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Oct - In compliance with Regulation 47 of the SEBI (LODR) Regulations, 2015 (the "SEBI LODR"), we are enclosing the Postal Ballot Notice published in the newspapers …
Annual reports
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Financial Year 2025
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Financial Year 2024
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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
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Concalls
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Aug 2025TranscriptPPT
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Aug 2025Transcript PPT
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May 2025Transcript PPT REC
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Apr 2025TranscriptNotesPPT
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Aug 2024TranscriptPPT
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Aug 2024Transcript PPT
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Aug 2023TranscriptPPT
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May 2019TranscriptPPT
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Oct 2018TranscriptPPT
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Jul 2018TranscriptPPT
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May 2018TranscriptPPT
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Feb 2018TranscriptPPT
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Oct 2017TranscriptPPT
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Aug 2017TranscriptPPT
Parent Company
The 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]