SKF India Limited
SKF India Ltd is a leading supplier of products, solutions & services within rolling bearing, seals, mechatronics, and lubrication systems.
What SKF files
- Others97
- Investor Meet25
- Updates18
- Important15
- JV/Acquisition10
- Board Meeting7
SKF India delivered strong Q1 FY27 results: Revenue at 587.79 Cr, up 27.1% YoY, propelled by broad-based automotive demand. PBT stood at 83.78 Cr. The company recently underwent corporate restructuring, creating two focused entities for enhanced strategic alignment.
SKF India reported Q4 revenue up 20.7% to ₹594.54 Cr, and FY revenue up 15.4% to ₹2129.59 Cr, driven by strong automotive demand. Q4 Profit Before Tax (PBT) declined to ₹46.1 Cr. The company recently restructured into two independent entities for enhanced strategic focus.
SKF India's Head of Automotive Business, Alagesan Thasari, has resigned to pursue new career opportunities. His last day will be in April. The company has initiated the process to identify and appoint a successor for this key role.
SKF India reported Q3 standalone revenue of Rs 576.64 Cr, up 16.3% QoQ, with profit before exceptional items at Rs 96.44 Cr. This first post-demerger quarter showed steady demand. The company plans Rs 410-510 Cr investments by 2030 to expand EV and two-wheeler bearing capacities.
SKF India disclosed a Designated Person breached its internal trading code via a contra-trade. After review, the company issued a warning letter. This internal action shows robust compliance, with no material financial impact.