SKP Bearing Industries Ltd
Incorporated in 1992, SKP Bearings Ltd manufactures & supplies Precision needle rollers, cylindrical rollers, pins and balls[1]
- Market Cap ₹ 378 Cr.
- Current Price ₹ 228
- High / Low ₹ 265 / 190
- Stock P/E 29.0
- Book Value ₹ 38.6
- Dividend Yield 0.48 %
- ROCE 22.6 %
- ROE 22.3 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 29.3%
Cons
- Company might be capitalizing the interest cost
* 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
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 10 | 49 | 50 | 53 | |
| 5 | 29 | 29 | 32 | |
| Operating Profit | 5 | 19 | 20 | 20 |
| OPM % | 48% | 40% | 41% | 39% |
| 1 | 1 | 0 | 1 | |
| Interest | 0 | 1 | 1 | 2 |
| Depreciation | 0 | 1 | 1 | 2 |
| Profit before tax | 5 | 18 | 18 | 17 |
| Tax % | 22% | 26% | 26% | 25% |
| 4 | 13 | 13 | 13 | |
| EPS in Rs | 2.43 | 7.98 | 8.08 | 7.85 |
| Dividend Payout % | 0% | 13% | 14% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 76% |
| TTM: | 6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 53% |
| TTM: | -3% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 2% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 29% |
| Last Year: | 22% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Equity Capital | 15 | 17 | 17 | 17 |
| Reserves | 4 | 25 | 36 | 48 |
| 19 | 4 | 25 | 29 | |
| 3 | 7 | 12 | 10 | |
| Total Liabilities | 41 | 53 | 90 | 103 |
| 19 | 22 | 32 | 58 | |
| CWIP | 2 | 8 | 19 | 0 |
| Investments | 2 | 0 | 1 | 1 |
| 19 | 23 | 39 | 44 | |
| Total Assets | 41 | 53 | 90 | 103 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| -11 | 15 | 13 | 13 | |
| -23 | -9 | -32 | -14 | |
| 34 | -7 | 19 | 0 | |
| Net Cash Flow | 0 | -0 | -0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 412 | 82 | 111 | 94 |
| Inventory Days | 1,108 | 140 | 228 | 236 |
| Days Payable | 225 | 49 | 131 | 43 |
| Cash Conversion Cycle | 1,294 | 173 | 207 | 287 |
| Working Capital Days | 569 | 114 | 137 | 158 |
| ROCE % | 45% | 31% | 23% |
Documents
Announcements
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Analysts/Institutional Investor Meet/Con. Call Updates
10 June 2025 - SKP details FY25 earnings, French acquisition, capacity expansion, and growth strategy for FY26 and beyond.
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Investor Presentation
4 June 2025 - Conference call recording on FY25 audited financial results uploaded on company website.
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Investor Presentation
3 June 2025 - Investor presentation on FY25 results; new Plant 3 commissioned with ₹14.94 Cr capex.
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Outcome of Board Meeting-XBRL
28 May 2025 - SKP BEARING INDUSTRIES LIMITED has informed regarding Outcome of Board Meeting held on 28-May-2025 for Dividend
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Analysts/Institutional Investor Meet/Con. Call Updates
28 May 2025 - Earnings call scheduled for June 3, 2025, to discuss FY25 audited financial results.
Annual reports
Concalls
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Jun 2025Transcript PPT
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Nov 2023TranscriptNotesPPT
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Nov 2023TranscriptNotesPPT
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Oct 2023TranscriptNotesPPT
Business Overview:[1][2]
SKP BIL is a IATF -16949 certified manufacturer of precision rolling elements and pins. These rollers reduce frictional forces between two elements to facilitate the desired relative motion. It also offers customized products as per customer specific requirements. Company has recently diversified into power generation business with wind and solar plants