SKF India Limited
SKF India Ltd is a leading supplier of products, solutions & services within rolling bearing, seals, mechatronics, and lubrication systems.
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SKF India became a dedicated automotive company post de-merger. FY26 revenue reached ₹2,109.5 Cr with ₹117 Cr PAT and 15% EBITDA. Company plans ₹500 Cr CAPEX by 2028 for capacity expansion and e-mobility innovation, aiming for market leadership in advanced mobility solutions.
SKF India has published the video recording of its 65th Annual General Meeting on its website. This provides shareholders access to review insights and decisions discussed during the meeting.
SKF India successfully demerged, now a pure-play automotive company rebranding as SKF Vertevo. For FY26, it reported revenue of INR 2,129.5 Cr and PAT of INR 117.2 Cr, achieving a 15% EBITDA margin. The company is advancing EV mobility solutions with high-speed bearings, expanding capacity, and driving sustainability.
SKF India completed its Industrial arm demerger. Core business: bearings (98% turnover), 7% exports. Achieved zero Scope 2 GHG emissions via 100% renewable power, significantly cut Scope 1 emissions, and implemented Zero Liquid Discharge for enhanced sustainability.
SKF India approved Q4 & full-year financial results. Board proposed a Rs. 40/share final dividend. A new CFO, Mr. Mayank Holani, has been appointed, replacing the interim CFO.