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Earnings Call

SKF India Earnings Call: Key Takeaways

SKF India reported Q4 FY26 sales of ₹5.55B (+14.8% YoY) and full-year revenue of ₹20.3B (+12.8%). The call focused on demerger impacts and automotive localization strategy.

Highlights
Revenue growthFY26 growth of 12.8%; Q4 growth of 14.8% YoY.
MarginsPBT expected to normalize around 11-12% in the near term.
Order bookStrong portfolio with order book extending to 2030.
Demand visibilityStrong demand in automotive; focus on EV and BS-VII shifts.
Management confidenceHigh confidence in returning to stable double-digit margins post-transition.

Growth

FY26 revenue grew 12.8% to ₹20.3B; Q4 sales rose 14.8% YoY driven by volumes in cars and 2-wheelers.

Outlook

Guided 6-8% revenue CAGR through 2028; sustainable PBT margins targeted at 11-12%; ₹500cr capex planned for FY26-FY28.

Risks

PBT margins dropped to ~9% in Q4 due to one-off gains in Q3 and demerger-related comparability issues.

Source

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

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SKF India Ltd: key numbers

Share price
₹1,539.80
Market cap
₹7,612 Cr
Revenue (annual)
₹3,763 Cr
Net profit (annual)
₹265.9 Cr
P/E (TTM)
36.3×Sector 53.6×
Promoter holding
52.58%+0.00% QoQ
FII holding
6.89%Current quarter

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

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