SKF India Ltd

SKF India Ltd

₹ 1,606 -0.34%
03 Jun - close price
About

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

Key Points

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]

  • Market Cap 7,935 Cr.
  • Current Price 1,606
  • High / Low 2,396 / 1,404
  • Stock P/E 27.2
  • Book Value 269
  • Dividend Yield 0.90 %
  • ROCE 24.2 %
  • ROE 14.8 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 67.8%

Cons

  • The company has delivered a poor sales growth of 7.10% over past five years.

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
1,095 1,150 1,125 1,092 1,203 1,206 1,244 1,256 1,213 1,283 1,309 577 595
928 947 1,001 920 990 1,013 1,121 1,135 929 1,116 1,143 494 561
Operating Profit 167 203 124 172 213 194 124 121 285 167 166 82 33
OPM % 15% 18% 11% 16% 18% 16% 10% 10% 23% 13% 13% 14% 6%
20 23 18 24 35 40 23 48 13 15 -2 20 29
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 17 18 19 19 19 20 20 21 22 23 23 16 16
Profit before tax 170 207 122 177 230 214 127 147 276 160 141 86 47
Tax % 28% 26% 26% 25% 24% 26% 26% 26% 26% 26% 25% 28% 142%
123 154 90 132 175 159 94 110 203 118 105 62 -20
EPS in Rs 24.88 31.26 18.21 26.75 35.47 32.17 19.07 22.17 41.15 23.93 21.35 12.55 -4.00
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
2,671 3,666 4,305 4,570 4,920 3,763
2,251 3,111 3,556 3,853 4,175 3,315
Operating Profit 420 555 749 718 745 449
OPM % 16% 15% 17% 16% 15% 12%
36 35 52 94 102 63
Interest 2 2 2 1 1 0
Depreciation 58 57 67 75 83 78
Profit before tax 396 531 733 736 763 433
Tax % 25% 26% 28% 25% 26% 39%
298 395 525 552 566 266
EPS in Rs 60.26 79.95 106.25 111.70 114.56 53.83
Dividend Payout % 24% 18% 38% 116% 13% 74%
Compounded Sales Growth
10 Years: %
5 Years: 7%
3 Years: -4%
TTM: -24%
Compounded Profit Growth
10 Years: %
5 Years: 0%
3 Years: -18%
TTM: -48%
Stock Price CAGR
10 Years: 11%
5 Years: 8%
3 Years: -8%
1 Year: -26%
Return on Equity
10 Years: %
5 Years: 21%
3 Years: 20%
Last Year: 15%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 49 49 49 49 49 49
Reserves 1,514 1,836 2,292 2,633 2,549 1,280
18 16 14 12 7 3
721 713 822 957 959 747
Total Liabilities 2,303 2,615 3,178 3,651 3,564 2,079
345 402 424 472 551 440
CWIP 65 52 63 89 56 28
Investments 2 2 2 9 9 9
1,890 2,158 2,688 3,081 2,948 1,602
Total Assets 2,303 2,615 3,178 3,651 3,564 2,079

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
324 57 690 624 203 363
654 -33 -45 -158 -60 -182
-652 -78 -79 -204 -650 -76
Net Cash Flow 326 -53 567 262 -507 105
Free Cash Flow 255 -34 585 496 72 134
CFO/OP 102% 37% 120% 115% 59% 106%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 80 68 58 60 63 70
Inventory Days 109 110 98 90 106 52
Days Payable 135 83 86 94 80 89
Cash Conversion Cycle 54 96 69 56 88 33
Working Capital Days 60 87 59 47 70 44
ROCE % 31% 34% 29% 29% 24%

Insights

In beta
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Jun 2025
Net Working Capital % of Net Sales
% ・Standalone data

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Number of Remanufacturing Centers
Centers ・Standalone data
Number of Manufacturing Lines - Bangalore Plant
Lines ・Standalone data
Sales Mix - Automotive
% ・Standalone data
Sales Mix - Industrial
% ・Standalone data
Number of Manufacturing Lines - Haridwar Plant
Lines ・Standalone data
Number of Manufacturing Lines - Pune Plant
Lines ・Standalone data

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
52.58% 52.58% 52.58% 52.58% 52.58% 52.58% 52.58% 52.58% 52.58% 52.58% 52.58% 52.58%
6.42% 6.46% 6.61% 6.77% 7.93% 8.25% 8.32% 8.21% 7.55% 6.98% 7.01% 7.10%
29.37% 29.20% 28.98% 29.00% 28.12% 27.32% 27.15% 26.51% 26.61% 27.01% 26.74% 27.00%
11.66% 11.77% 11.83% 11.65% 11.38% 11.86% 11.93% 12.68% 13.27% 13.42% 13.67% 13.31%
No. of Shareholders 42,35942,37746,56245,97048,47758,53560,29566,26466,53466,33772,26569,931

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

Concalls