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 ₹ 22,791 Cr.
- Current Price ₹ 4,610
- High / Low ₹ 7,350 / 3,541
- Stock P/E 40.3
- Book Value ₹ 526
- Dividend Yield 2.85 %
- ROCE 28.8 %
- ROE 21.4 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Stock is trading at 8.70 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
Sector: Bearings Industry: 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 | |
---|---|---|---|---|---|
2,671 | 3,666 | 4,305 | 4,570 | 4,920 | |
2,251 | 3,111 | 3,556 | 3,853 | 4,197 | |
Operating Profit | 420 | 555 | 749 | 718 | 723 |
OPM % | 16% | 15% | 17% | 16% | 15% |
36 | 35 | 52 | 94 | 124 | |
Interest | 2 | 2 | 2 | 1 | 1 |
Depreciation | 58 | 57 | 67 | 75 | 83 |
Profit before tax | 396 | 531 | 733 | 736 | 763 |
Tax % | 25% | 26% | 28% | 25% | 26% |
298 | 395 | 525 | 552 | 566 | |
EPS in Rs | 60.21 | 79.89 | 106.17 | 111.61 | 114.47 |
Dividend Payout % | 24% | 18% | 38% | 116% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 10% |
TTM: | 8% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 13% |
TTM: | 3% |
Stock Price CAGR | |
---|---|
10 Years: | 13% |
5 Years: | 27% |
3 Years: | 13% |
1 Year: | -23% |
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 | 61 | 87 | 60 | 48 | 70 |
ROCE % | 31% | 34% | 29% | 29% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
1d - Audio link of SKF India's Q4 FY 2024-25 earnings call shared on 19 May 2025.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
1d - SKF India reports FY25 revenue Rs 49,199M (+8%), PBT Rs 7,632M (+4%); announces industrial business demerger.
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Announcement under Regulation 30 (LODR)-Investor Presentation
2d - Investor Presentation- May 19 2025- Investor Call
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Announcement under Regulation 30 (LODR)-Newspaper Publication
17 May - In compliance with Regulation 47 of SEBI LODR we are hereby enclosing Financial Results published in newspapers of Financial Express, Economic Times, MINT and Maharashtra …
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Compliances-Reg.24(A)-Annual Secretarial Compliance
16 May - SKF India files Annual Secretarial Compliance Report for FY 2024-25 with no deviations or penalties.
Annual reports
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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
from nse
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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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Financial Year 2011
from nse
Concalls
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May 2025TranscriptNotesPPT REC
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Apr 2025Transcript PPT
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Apr 2025TranscriptNotesPPT
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Feb 2025TranscriptPPT
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Aug 2024TranscriptPPT
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Aug 2024Transcript PPT
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Feb 2024TranscriptPPT
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Aug 2023TranscriptPPT
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Aug 2023Transcript PPT
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Mar 2023TranscriptPPT
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Aug 2022TranscriptPPT
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Aug 2022Transcript PPT
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Jun 2022TranscriptPPT
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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]