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SKF India Limited SKFINDIA NSEINFRA

Industrials · Tools & Accessories · India
https://www.skf.com/in

SKF India Limited engages in the provision of bearings, engineering services, and rotating equipment solutions in India and internationally. The company offers rolling bearings including ball and roller bearing, bearing accessories, track rollers, and engineered products; mounted bearing and housing, such as ball and roller bearing units, and bearing housing; and super-precision bearing including angular contact ball, cylindrical roller, double direction angular contact thrust ball, and axial-radial cylindrical roller bearings, as well as angular contact thrust bearing for screw drives, and precision lock nuts, and gauges. It also provides slewing bearings; plain bearing, which includes spherical plain bearings and rod ends, and bushing, thrust washer, and strips; magnetic bearing systems; thin section bearing, such as reali-slim and ultra-slim thin section bearings, and customized thin section bearings; and industrial seals including power transmission, hydraulic, fluid handling, and machined seals. In addition, it offers automotive seals, such as bearing, body, driveline, engine, eDrive unit, suspension, and wheel seals, as well as two wheeler sealing solution; lubrication management comprising lubricants, manual lubricant tools, lubricators, automatic lubrication system, and lubrication system components; and maintenances products including hydraulic and mechanical tools, and heaters for mounting and dismounting, as well as alignment tools. Further, the company provides condition monitoring system, which includes portable condition monitoring and machine protection systems; power transmission solutions comprising belts, pulleys, chains, sprockets, bushing and hub, coupling, and bolts and tightening systems; and test and measuring equipment, such as waviness and roundness analyzer, noise and vibration tester, and grease test rigs. The company was founded in 1923 and is headquartered in Pune, India.

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₹1,639.80
-64.12% 1Y

Market & Price

Market Cap
₹8,106.84 Cr
Current Price
₹1,639.80
High / Low (52W)
₹5,008.40 / ₹1,413.70
Beta
0.35

Valuation

Stock P/E
30.49
Industry PE
27.78
Forward P/E
29.51
PEG Ratio
5.64
Book Value
₹556.08
Price to Book
2.95
P/S
2.15
EV/EBITDA
17.40
Dividend Yield
2.44%

Profitability & Returns

ROCE
31.64%
ROE
13.54%
ROA
8.21%
Profit Margin
7.07%
Op Margin
2.90%
EPS (Latest Qtr)
₹-4.00
EPS (TTM)
₹53.79

Balance Sheet & Liquidity

Debt/Equity
0.22
Quick Ratio
1.45
Current Ratio
2.06
Debt
₹2.91 Cr
Total Assets
₹2,079.03 Cr
Current Assets
₹1,460.19 Cr
Working Capital
₹751.79 Cr

Ownership

Promoter Holding
53.16%
Chg in Prom Hold
-
FII / Inst Holding
28.66%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
₹7,809.85 Cr
Total Revenue (TTM)
₹3,763.39 Cr
EBITDA
₹448.80 Cr
Free Cash Flow
₹581.67 Cr
Operating Cash Flow
₹362.84 Cr
Shares Outstanding
₹4.94 Cr
Gross Margin
40.03%
Payout Ratio
26.95%

Growth (CAGR)

Revenue 5Y
-3.85%
Profit 5Y
-20.28%
Revenue (YoY)
-51.00%
Earnings (YoY)
-

PROS

  • Healthy ROCE of 31.6%.
  • Generates positive free cash flow.

CONS

  • Revenue declined at -3.9% CAGR over 5 years.
  • Earnings shrank at -20.3% CAGR over 5 years.
  • Trading 67.3% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

NSE TradingView Screener.in

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Industrials).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 SKFINDIA SKF India Limited NSEINFRA 1,639.80 30.49 ₹8,106.84 Cr 2.44% 31.64% 13.54% -3.85% -20.28%
2 LT Larsen & Toubro Limited NIFTY50NSEAIINFRA 4,076.50 34.84 ₹5.61 L Cr 0.93% 14.55% 16.95% 16.09% 15.38%
3 ADANIPORTS Adani Ports and Special Economic Zone Limited NIFTY50NSEINFRA 1,804.60 30.96 ₹4.16 L Cr 0.42% 11.02% 15.59% 22.93% 34.11%
4 HAL Hindustan Aeronautics Limited NSEAIDEFENCEINFRAPSU 4,303.80 31.55 ₹2.88 L Cr 1.16% 13.80% 23.98% 7.87% 16.08%
5 POWERINDIA Hitachi Energy India Limited NIFTY_MIDNSEINFRA 38,445.00 172.41 ₹1.71 L Cr 0.02% 24.92% 21.04% 22.24% 119.12%
6 INDIGO InterGlobe Aviation Limited NSEINFRA 4,405.00 - ₹1.70 L Cr 0.24% 15.53% - 44.12% 72.60%
7 CUMMINSIND Cummins India Limited NSEINFRA 5,881.00 68.97 ₹1.63 L Cr 1.12% 34.95% 29.45% 16.07% 24.35%
8 CGPOWER CG Power and Industrial Solutions Limited NSEINFRA 917.45 118.99 ₹1.44 L Cr 0.14% 19.35% 19.56% 21.67% 7.81%
9 POLYCAB Polycab India Limited NIFTY_MIDNSEAIINFRA 9,477.50 53.48 ₹1.43 L Cr 0.37% 30.44% 24.58% 26.57% 28.11%
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Quarterly Results

Figures in INR.

Metric Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue --1,213.37 Cr1,283.15 Cr1,309.06 Cr576.64 Cr594.54 Cr
Cost of Revenue --618.99 Cr788.66 Cr823.40 Cr315.15 Cr329.73 Cr
Gross Profit --594.38 Cr494.49 Cr485.66 Cr261.49 Cr264.81 Cr
Operating Expenses --331.67 Cr349.75 Cr342.92 Cr195.38 Cr247.58 Cr
Operating Income --262.71 Cr144.74 Cr142.74 Cr66.11 Cr17.23 Cr
EBITDA --297.62 Cr182.54 Cr163.80 Cr102.73 Cr62.63 Cr
Interest Expense --14.00 L11.00 L14.00 L10.00 L0
Pretax Income --275.65 Cr159.84 Cr140.62 Cr86.34 Cr46.57 Cr
Tax Provision --72.37 Cr41.63 Cr35.13 Cr24.35 Cr66.33 Cr
Net Income --203.28 Cr118.21 Cr105.49 Cr62.00 Cr-19.76 Cr
Diluted EPS --41.1023.9021.3012.50-4.00

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue -4,233.92 Cr4,487.73 Cr4,919.92 Cr3,763.39 Cr
Cost of Revenue -2,772.36 Cr3,008.79 Cr3,016.54 Cr2,256.94 Cr
Gross Profit -1,461.56 Cr1,478.94 Cr1,903.38 Cr1,506.45 Cr
Operating Expenses -733.25 Cr835.03 Cr1,241.10 Cr1,135.63 Cr
Operating Income -728.31 Cr643.91 Cr662.28 Cr370.82 Cr
EBITDA -801.28 Cr811.63 Cr846.98 Cr511.71 Cr
Interest Expense -1.51 Cr1.21 Cr70.00 L35.00 L
Pretax Income -732.93 Cr735.82 Cr763.20 Cr433.38 Cr
Tax Provision -208.14 Cr184.02 Cr197.29 Cr167.44 Cr
Net Income -524.88 Cr551.80 Cr565.91 Cr265.94 Cr
Diluted EPS -106.20111.60114.5053.80

Compounded Sales Growth

5 Years:-3.85%
1 Year:-51.00%

Compounded Profit Growth

5 Years:-20.28%
1 Year:-

Stock Price Performance

1 Year:-64.12%
6 Months:-15.80%
3 Months:-13.64%
1 Month:-4.38%

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets -3,177.90 Cr3,651.40 Cr3,563.80 Cr2,079.03 Cr
Current Assets -2,448.56 Cr2,741.21 Cr2,568.50 Cr1,460.19 Cr
Cash & Equivalents -955.28 Cr1,217.46 Cr710.77 Cr292.29 Cr
Inventory -686.03 Cr683.88 Cr873.33 Cr323.44 Cr
Receivables -678.65 Cr772.41 Cr853.13 Cr716.77 Cr
Total Liabilities -836.52 Cr968.65 Cr965.84 Cr749.60 Cr
Current Liabilities -794.23 Cr927.96 Cr910.31 Cr708.40 Cr
Long Term Debt -----
Total Debt -14.44 Cr11.76 Cr6.92 Cr2.91 Cr
Total Equity -2,341.38 Cr2,682.75 Cr2,597.96 Cr1,329.43 Cr
Shares Outstanding -4.94 Cr4.94 Cr4.94 Cr4.94 Cr

Cash Flows (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow -690.23 Cr624.09 Cr203.07 Cr362.84 Cr
Investing Cash Flow --44.92 Cr-158.15 Cr-59.83 Cr-182.13 Cr
Financing Cash Flow --78.55 Cr-203.76 Cr-650.01 Cr-75.71 Cr
Capital Expenditure --106.72 Cr-130.39 Cr-131.34 Cr-229.19 Cr
Free Cash Flow -583.51 Cr493.70 Cr71.73 Cr133.65 Cr
Net Change in Cash -566.76 Cr262.18 Cr-506.77 Cr105.00 Cr

Ratios (Annual)

Figures in %.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % -34.5%33.0%38.7%40.0%
Operating Margin % -17.2%14.3%13.5%9.9%
Net Margin % -12.4%12.3%11.5%7.1%
ROE % -22.4%20.6%21.8%20.0%
ROCE % -30.6%23.6%25.0%27.1%

Shareholding Pattern

Insiders
53.16%
Institutions
28.66%
Public Float
61.19%

Analyst View

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