SKFINDUSCapital Goods

SKF India (Industrial) Limited

Abrasives & Bearings · ISIN INE2J8701016 · BSE 544572 · NSE EQ · FV ₹10
Last price
₹2,940
-0.09%today
What this company does

SKF India (Industrial) Limited operates in Abrasives & Bearings, part of the Capital Goods sector. It booked ₹971 cr of revenue in its latest quarter (Q1 FY27) and kept 6.4% of sales as profit. It is the 4th largest of 6 Abrasives & Bearings companies we track, by market value.

‘Factory of the Future’ 1 manufacturing location To support long-term Industrial growth, we are investing in a next-generation supporting Industrial segment manufacturing facility in Pune. Designed as a ‘Factory of the Future’, this Pune serving as the primary facility integrates manufacturing, solutions, and supply chain capabilities into Industrial hub a single, scalable platform.
In the report:
64out of 100
Equitytale Health Score
Mixed

Healthier than 64% of companies in Capital Goods, on the 5 of 6 measures we could read for it. Each measure is ranked against the 109–113 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
54

At close. Not part of the score.

Profitability & returns57

How much profit it earns on the money it employs

Balance sheet87

How much it owes, and whether earnings cover the interest

Cash quality46

Whether reported profit actually arrives as cash

Valuation37

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Promoters hold 53%
No promoter shares pledged
Strong 17% return on equity
Virtually debt-free
Watch-outs
! Thin 6.4% net margin

What if I invest in SKFINDUS?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 5% a year, it would become
₹15.50 lakh

The slider starts at 5%, taken from a generic assumption, not this company's history. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹2,940 -0.09%
latest close · 2026-09-17
52-wk low ₹2,60542 sessions so far52-wk high ₹3,131
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio58.7High
LowAverageHigh
P/B ratio9.84High
Below bookModerateHigh
EV / EBITDA35.7High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity16.8%Strong
WeakFairStrong ▸15%
Return on capital23.6%Strong
WeakFairStrong
Net margin6.4%Decent
ThinDecentStrong
EBITDA margin10.1%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Interest cover156.2×Strong
RiskyOkayStrong ▸5×
Current ratio1.75Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹14,537 cr
Book value
₹299
EPS
₹12.52
latest quarter
Net debt
₹-569 cr
more cash than debt
Enterprise value
₹13,968 cr
EBITDA
₹391 cr
annualised
EBIT
₹350 cr
annualised
Operating margin
9.0%
Return on assets
9.3%
Earnings yield
1.70%
P/S
3.74
Sales / share
₹785.4
Tax rate
28.8%
Face value
₹10
Shares
4.9 cr
Working capital
₹888 cr
Current assets
₹2,078 cr
Current liabilities
₹1,190 cr
Delivery %
54.7%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹329₹401, midpoint ₹365

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹971 cr
Other Income₹10 cr
Total Income₹980 cr
Cost of Materials₹158 cr
Purchases of Stock-in-Trade₹627 cr
Inventory Change (±)₹-131 cr
Employee Benefit Expense₹60 cr
Finance Costs₹56 L
Depreciation & Amortisation₹10 cr
Other Expenses₹168 cr
Total Expenses₹893 cr
Profit before Tax₹87 cr
Tax Expense₹25 cr
Net Profit₹62 cr
Net margin on total income6.3%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹655 cr66.8%
Employee benefit expense₹60 cr6.2%
Finance costs₹56 L0.1%
Depreciation & amortisation₹10 cr1.0%
Other expenses₹168 cr17.1%
Tax expense₹25 cr2.6%
Profit for the period₹62 cr6.3%
Total income ₹980 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue861 cr946 cr971 cr
Total income875 cr963 cr980 cr
Expenses762 cr873 cr893 cr
Profit before tax-67 cr90 cr87 cr
Tax-17 cr-29 cr25 cr
Net profit (owners' share)-50 cr119 cr62 cr
Net margin (owners' share, on revenue)-5.8%12.6%6.4%
EPS (₹)-10.1024.1012.52
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹2,675 cr
Shareholder equity
₹1,477 cr
parent shareholders
Total debt
₹0 cr
Cash
₹569 cr
Peer comparison
Abrasives & Bearings · by market value
CompanyPriceMarket capP/E
Timken India Limited₹3,185₹23,958 cr50.0
Carborundum Universal Limited₹1,084₹20,643 cr67.1
Grindwell Norton Limited₹1,862₹20,618 cr44.6
SKF India (Industrial) Limitedthis company₹2,940₹14,537 cr58.7
Wendt (India) Limited₹8,765₹1,753 cr70.9
NRB Industrial Bearings Limited₹31₹74 cr
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
1.02%
trailing 12 months
Dividend / share (TTM)
₹30
Last dividend
₹20
ex 17 Aug 2026
ActionDetailEx-date
Dividend₹20 / share17 Aug 2026
Dividend₹10 / share3 Jul 2026
Who owns it · 2026-06-30
No pledge
Promoter
52.6%
FII / Foreign
5.1%
DII / Domestic
29.2%
Retail / others
13.2%
Smart-money activity
Stake changes
BoughtMirae Asset Mutual Fund→ 8.65% · 1.90 L17 Dec 25
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 13 Aug 2026
See the official result
1
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March 2026 together with Reports of the Board of Directors and the Auditors thereon; and
Backed by 100% of shareholders other than promotersneeded 50%
1.50 cr votes for, 802 against · 0% of mutual funds and other big investors said no
2
To approve and declare final dividend of Rs.10/- per equity share having face value of Rs. 10/- each fully paid up for the financial year ended 31st March 2026.
Backed by 100% of shareholders other than promotersneeded 50%
1.50 cr votes for, 797 against · 0% of mutual funds and other big investors said no
3
To appoint a Director in place of Mr. Sujeeth Pai (DIN: 07763929), who retires by rotation at this Annual General Meeting in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment.
Backed by 100% of shareholders other than promotersneeded 50%
1.49 cr votes for, 38,515 against · 0% of mutual funds and other big investors said no
4
To Consider and Approve the Appointment of M/s J. B. Bhave And Co., Practicing Company Secretary as the Secretarial Auditor of the Company for a Period of Five Years i.e. from the Financial Year 2026-27 to the Financial Year 2030-31.
Backed by 99% of shareholders other than promotersneeded 50%
1.48 cr votes for, 1.69 L against · 1% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 1 named members
owning 52.6% between them · as of 2026-06-30
Ab Skf52.58%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.