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Earnings Call Transcript

SKF India (Industrial) Earnings Call Transcript: Key Takeaways

SKF India (Industrial) reports Q1FY27 revenue of ₹9,708 million, reflecting 18.3% YoY growth. Strategy focuses on localization, innovation, and a new ₹900cr Pune plant to support long-term growth.

Guidance and delivery
Management target Revenue 100.0% 5 years
Highlights
Revenue growth18.3% YoY; 2.6% QoQ.
MarginsCurrent 9% PBT; long-term target 14-16% after demerger costs subside.
Order bookSignificant wins including ₹140cr gearbox and ₹35cr agri contracts.
Demand visibilityStrong macro indicators in steel, wind, and construction sectors.
Management confidenceHigh; aiming to double business in five years.

Growth

Revenue grew 18.3% YoY and 2.6% QoQ. PBT stood at ₹869 million with a 9% margin.

Outlook

Management aims to double the business in 5 years. Capex of ₹800-950cr for a new Pune plant starting 2028.

Risks

Margins impacted by FX losses (₹147m) and one-time demerger IT costs (₹150m); near-term margin pressure from localization.

Last quarter's promises, checked

Delivered

  • Guided 13% margin post-demerger -> delivered 12% underlying (= BEAT)
  • Guided 8% growth -> delivered 18.3% YoY (= BEAT)

Partly delivered

  • Guided ₹800cr capex -> delivered ₹800-950cr revised plan (= PARTIAL)
Source

Earnings Call Transcript filed with BSE, NSE: SKFINDUS. Summary written with AI assistance from the document.

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SKF India (Industrial) Ltd: key numbers

Share price
₹2,918.00
Market cap
₹14,426 Cr
Revenue (annual)
₹3,440 Cr
Net profit (annual)
₹217.7 Cr
P/E (TTM)
78.6×Sector 53.6×
Promoter holding
52.58%+0.00% QoQ
FII holding
5.08%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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SKF India (Industrial) Q4 FY26 Results: Net Profit ₹119 Cr, Down 1.9% YoY

SKF India (Industrial) Ltd reported revenue from operations of ₹945.7 Cr (+31.2% YoY) and net profit of ₹119 Cr (-1.9% YoY) for Q4 FY26.

Key figure
Net profit ₹119 Cr · -1.9% YoY