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 ₹ 24,048 Cr.
- Current Price ₹ 4,864
- High / Low ₹ 5,489 / 3,541
- Stock P/E 45.8
- Book Value ₹ 526
- Dividend Yield 0.29 %
- 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
- Stock is trading at 9.31 times its book value
* 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 | |
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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 | 60.21 | 79.89 | 106.17 | 111.61 | 114.47 | 106.23 |
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: | 27% |
3 Years: | 2% |
1 Year: | -11% |
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
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 14h
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Disclosure Under Regulation 4(1) Of The SEBI (Prohibition Of Insider Trading) Regulations, 2015 ("Insider Trading Regulations') And Paragraph 13.2 (A) Of The Code Of Conduct For Prevention Of Insider Trading Of SKF India Limited (The 'Code'); And Disclosure Under Regulation 7(2) Of The Insider Trading Regulations.
6 Oct - AB SKF acquired 3,326,004 shares (6.73%) on Oct 1, 2025 via dividend-in-kind off-market transfer.
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Disclosure Under Regulation 4(1) Of The SEBI (Prohibition Of Insider Trading) Regulations, 2015 ("Insider Trading Regulations') And Paragraph 13.2 (A) Of The Code Of Conduct For Prevention Of Insider Trading Of SKF India Limited (The 'Code'); And Disclosure Under Regulation 7(2) Of The Insider Trading Regulations.
6 Oct - SKF Forvaltning AB distributed 196,423 shares (0.40%) to AB SKF on Oct 1, 2025 (dividend in kind)
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Disclosure Under Regulation 4(1) Of The SEBI (Prohibition Of Insider Trading) Regulations, 2015 ("Insider Trading Regulations') And Paragraph 13.2 (A) Of The Code Of Conduct For Prevention Of Insider Trading Of SKF India Limited (The 'Code'); And Disclosure Under Regulation 7(2) Of The Insider Trading Regulations.
6 Oct - SKF (U.K.) disposed 3,129,581 shares (6.33%) to Aktiebolaget SKF on Oct 1, 2025 (off-market, dividend in-kind).
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 6 Oct
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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May 2019TranscriptPPT
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Oct 2018TranscriptPPT
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Jul 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]