MarketFriction

SKF India Ltd

NSE SKFINDIA · BSE 500472 · Abrasives & Bearings
₹1,450.20 -3.95%
NSE close2026-10-01
52 week range1,404.00 - 5,074.00
Market cap₹7,485 Cr.
P/E50.4
Price band 20% Delivery 54.8%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,1251,0921,2031,206399559493462496577595588
Expenses1,0019209901,013336452370389438494562500
Operating Profit124172213194631061237458823388
OPM %11%16%18%16%16%19%25%16%12%14%6%15%
Other Income1824354059451227774202912
Interest000000000000
Depreciation191919201314131615161617
Profit before tax122177229214109137232135116864684
Tax %26%25%24%26%13%20%13%12%9%28%144%26%
Net Profit901321751599411020311910662-2062
EPS in Rs18.2626.7635.3932.1919.1022.1941.0524.0121.3912.55-4.1012.52
Mar 2016 15mMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2,9972,6312,7503,0352,8422,6713,6664,3054,5701,8452,1302,255
Expenses2,6362,2952,3162,5492,4922,2513,1103,5563,8531,4681,8811,994
Operating Profit362336435486349420556749718377249261
OPM %12%13%16%16%12%16%15%17%16%20%12%12%
Other Income10187719210436355294333198136
Interest005892221000
Depreciation684846465758576775536364
Profit before tax394376455524387396531733736658384333
Tax %35%35%35%36%25%25%26%28%25%14%31%
Net Profit256244296336289298395525552566266209
EPS in Rs48.5646.2857.6867.9758.5060.2779.99106.23111.69114.5453.8542.36
Dividend Payout %31%22%21%18%222%24%18%38%116%13%74%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-3%-4%-21%18%
Compounded Profit Growth1%0%-17%-41%
Stock Price CAGR9%1%-14%-31%
Return on Equity19%21%20%15%
Dec 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital535353514949494949494949
Reserves1,3631,6121,7581,7861,6481,8561,5141,8362,2922,6332,5491,280
Borrowings065348590221816141273
Other Liabilities495419459522510542721713822957959747
Total Liabilities1,9112,1492,3042,4442,2972,4692,3032,6153,1783,6513,5642,079
Fixed Assets347298299293284352345402424472551440
CWIP181235376241655263895628
Investments201914915444197222999
Other Assets1,5261,8201,8211,9601,9061,8791,8902,1582,6883,0812,9481,602
Total Assets1,9112,1492,3042,4442,2972,4692,3032,6153,1783,6513,5642,079
Dec 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity2182611536718133032457690624203363
Cash from Investing Activity-3-174147-265306-154654-33-45-158-60-705
Cash from Financing Activity-9349-126-225-477-178-652-78-79-204-650-76
Net Cash Flow122-99136-12311-2326-53567262-507-418
Free Cash Flow184-474318140271255-3458549672134
CFO/OP117%47%76%124%81%129%102%37%120%115%116%190%
Dec 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days56597165635680685860168123
Inventory Days7165949295921091109890381103
Days Payable825768897284135838694289175
Cash Conversion Cycle4667976886645496695626051
Working Capital Days4456855671656087594718677
ROCE %23%25%21%24%28%19%23%31%34%29%13%13%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters52.58%52.58%52.58%52.58%52.58%52.58%52.58%52.58%52.58%52.58%52.58%52.58%
FIIs6.46%6.61%6.77%7.93%8.25%8.32%8.21%7.55%6.98%7.01%7.10%6.89%
DIIs29.20%28.98%29.00%28.12%27.32%27.15%26.51%26.61%27.01%26.74%27.00%27.17%
Public11.77%11.83%11.65%11.38%11.86%11.93%12.68%13.27%13.42%13.67%13.31%13.36%
No. of Shareholders42,37746,56245,97048,47758,53560,29566,26466,53466,33772,26569,93169,291

Fundamentals

Market Cap₹ 7,485 Cr.
Current Price₹ 1,514
Stock P/E50.4
Book Value₹ 269
ROCE13.3 %
ROE15.1 %
Dividend Yield2.64 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)18%
Compounded Profit Growth (TTM)-41%
Standalone figures.
Valuation
Market capRs 7,169 Cr
Enterprise valueRs 6,873 Cr
P/E (TTM)34.26x
Price to book5.39x
Price to sales3.18x
EV / EBITDA17.32x
EV / EBIT20.65x
EV / sales3.05x
Price to cash flow19.77x
Earnings yield2.92%
Dividend yield2.76%
P/E, 3-year average19.78x
P/B, 3-year average4.08x
P/E, 5-year average19.73x
P/B, 5-year average4.15x
Profitability
Operating margin (excl. other income)11.68%
Operating margin (incl. other income)20.99%
EBITDA margin17.60%
Pre-tax margin14.75%
Net profit margin9.28%
Net margin, latest quarter10.52%
ROE13.55%
ROCE19.50%
ROA9.43%
ROE, 3-year average18.98%
ROCE, 3-year average24.50%
ROA, 3-year average13.76%
ROE, 5-year average20.93%
ROCE, 5-year average27.72%
ROA, 5-year average15.09%
ROIC (approx.)22.34%
Tax rate30.69%
Other income / net worth14.92%
Growth
Sales growth (latest year)15.40%
Profit growth (latest year)-52.99%
Sales CAGR, 3 years-20.91%
Sales CAGR, 5 years-4.43%
Profit CAGR, 3 years-20.27%
Profit CAGR, 5 years-2.23%
Sales growth QoQ-1.14%
Sales growth YoY (latest quarter)27.09%
Profit growth YoY (latest quarter)-47.86%
Per share
EPS (TTM)Rs 42.33
EPS (latest year)Rs 53.81
EPS (latest quarter)Rs 12.51
EPS, 3-year averageRs 93.32
EPS, 5-year averageRs 93.23
Book value per shareRs 268.92
Sales per shareRs 456.10
Cash flow per shareRs 73.35
Free cash flow per shareRs 27.10
Dividend per share (latest year)Rs 40.00
Dividend per share, 3-year averageRs 61.54
Dividend per share, 5-year averageRs 47.83
Dividends
Dividend payout74.34%
Dividend payout, 3-year average67.83%
Dividend payout, 5-year average51.86%
Efficiency
Asset turnover1.02x
Fixed asset turnover4.84x
Inventory turnover4.13x
Inventory days88 days
Debtor days123 days
Debtors turnover2.97x
Creditor days175 days
Cash conversion cycle51 days
Working capital days77 days
Leverage
Total debtRs 3 Cr
Cash and bankRs 300 Cr
Net debtRs -297 Cr
Debt to equity0.00x
Net debt / EBITDA-0.75x
Interest coverage1957.24x
Current ratio (filing 2026-03-31)2.06x
Quick ratio (filing 2026-03-31)1.60x
Trade payables (filing 2026-03-31)Rs 548 Cr
Owners' fund to total sources63.95%
Debt to assets0.14%
Cash flow
Cash from Operating Activity (latest year)Rs 363 Cr
Cash from Investing Activity (latest year)Rs -705 Cr
Cash from Financing Activity (latest year)Rs -76 Cr
Net Cash Flow (latest year)Rs -418 Cr
Free cash flow (latest year)Rs 134 Cr
FCFE (approx.: FCF + change in debt)Rs 130 Cr
Cash from ops / profit, 5 years0.84x
Sales to cash flow5.87x
Statement figures
Net sales (TTM)Rs 2,255 Cr
Net sales (latest year)Rs 2,130 Cr
Sales (latest quarter)Rs 588 Cr
Operating profit excl. other income (latest year)Rs 249 Cr
Operating profit (latest quarter)Rs 88 Cr
Other income (TTM)Rs 136 Cr
EBITDA (TTM)Rs 397 Cr
PBDT (TTM)Rs 397 Cr
Profit before tax (TTM)Rs 333 Cr
Tax (latest year)Rs 118 Cr
Net profit (TTM)Rs 209 Cr
Net profit (latest year)Rs 266 Cr
Net profit (latest quarter)Rs 62 Cr
Depreciation (TTM)Rs 64 Cr
Depreciation (latest quarter)Rs 17 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 1,337 Cr
Total expenditure (latest year)Rs 1,881 Cr
Total income (latest year)Rs 2,328 Cr
Share capitalRs 49 Cr
ReservesRs 1,280 Cr
Shareholders' fundsRs 1,329 Cr
Total assetsRs 2,079 Cr
Net blockRs 440 Cr
Capital work in progressRs 28 Cr
InvestmentsRs 9 Cr
ReceivablesRs 717 Cr
InventoryRs 323 Cr
Other liabilitiesRs 747 Cr
Shares outstanding (crore)4.94
Ownership
Promoter holding52.58% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 34.3 is at the 43th percentile of its own 9.4-year range (median 36.2, low 14.3, high 64.4).
P/B 5.39 is at the 38th percentile (median 6.21).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodSKFINDIANifty 50Difference
1 week-6.0%-2.8% -3.2 pts
1 month-5.3%-6.8% +1.5 pts
3 months-11.2%-7.6% -3.5 pts
6 months+2.6%+0.4% +2.2 pts
1 year-69.6%-9.9% -59.7 pts
2 years-73.1%-13.6% -59.5 pts
3 years-71.6%+14.2% -85.8 pts
5 years-53.2%+27.9% -81.0 pts
42 mutual fund schemes hold about ₹1,757 Cr. Over three months 12 bought more and 13 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
HDFC Mid Cap Fund0.34%366 -3%
Mirae Asset Large & Midcap Fund0.68%313 +0%
Mirae Asset ELSS Tax Saver Fund0.93%245 +3%
HDFC Small Cap Fund0.41%172 +1%
HDFC Aggressive Hybrid Fund0.70%155 +5%
SBI Large Cap Fundd0.22%123 +5%
Mirae Asset Midcap Fund0.47%98 -2%
ICICI Pru Business Cycle Fund0.37%59 +6%
ICICI Pru Manufacturing Fund0.55%40 -0%
Mirae Asset Multicap Fund0.45%25 -43%
HDFC Transportation and Logistics Fund1.07%23 -11%
ICICI Pru Retirement Fund-Pure Equity Plan0.80%17 +100%
DSP India T.I.G.E.R Fund0.23%15 +1%
HDFC Dividend Yield Fund0.26%14 +6%
Tata Infrastructure Fund0.61%13 +9%
Tata Infrastructure Fund0.61%12 +9%
HDFC Retirement Fund-Hybrid-Equity Plan0.68%11 +5%
Motilal Oswal Nifty Microcap 250 Index Fund0.38%9 -2%
ICICI Pru MNC Fund0.50%9 +5%
UTI Transportation & Logistics Fund0.16%7 -5%
ICICI Pru Multi Cap Fund0.03%6 +100%
ICICI Pru Multi Cap Fund0.03%6 +100%
Sundaram Value Fund0.42%5 +6%
iSIF Equity Ex-Top 100 Long-Short Fund0.19%5 -19%
UTI Infrastructure Fund0.17%4 -17%

Red flags

F-score 6 of 8
lookProfit leans on other income Other income was 52% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹588 Cr +27.3% vs Jun 2025. Net profit ₹62 Cr -47.9%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-07-03Dividend - Rs 40 Per Share
2025-10-15Demerger
2025-07-04Annual General Meeting/Dividend - Rs 14.50 Per Share
2024-07-04Annual General Meeting/Dividend - Rs 130 Per Share
2023-06-28Dividend - Rs 40 Per Share
2022-06-28Annual General Meeting/Dividend - Rs 14.50 Per Share
2021-07-06 Annual General Meeting/Dividend - Rs 14.50 Per Share
2020-07-14 Annual General Meeting / Dividend - Rs 130 Per Share
2019-07-11 Annual General Meeting/ Dividend - Rs 12 Per Share
2018-12-20 Buyback
2018-07-13 Annual General Meeting/Dividend- Rs 12 Per Share
2017-07-18 Annual General Meeting/Dividend-Rs 10 Per Share
2017-04-06 Buy Back
2016-07-08 Annual General Meeting And Dividend Rs.15/- Per Share
2015-04-08Annual General Meeting/ Final Dividend - Rs 2.50/- Per Share
2014-09-23Interim Dividend Rs.7.50 Per Share (Purpose Revised)
2014-04-11Annual General Meeting / Dividend - Rs 7.50/- Per Share (Book Closure End Date Revised)
2013-04-18Annual General Meeting/Dividend Rs 7.50 Per Share
2012-04-04Annual General Meeting/Dividend Rs 7.50 Per Share
2011-04-25Annual General Meeting And Dividend Of Rs. 7 Per Share
2010-04-05Agm/Div-Rs.4/- Per Share
2009-04-02Agm/Dividend - 45%
2008-04-04Agm/Dividend - 60%
2007-04-05Final Dividend-45%
2006-04-07Agm/Final Dividend-35%
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2020-03-12NCLATAsmi Metal Products Pvt. Ltd. VS SKF India Ltd.
2019-05-01NCLATAsmi Metal Products Pvt. Ltd. VS SKF India Ltd. & Anr.
2019-03-12NCLATAsmi Metal Products Pvt. Ltd. VS SKF India Ltd. & Anr.
2019-03-11NCLTSKF India Ltd M/s. Tecpro Systems Ltd. Vs M/s. Tecpro System Ltd
2019-01-18NCLATAsmi Metal Products Pvt. Ltd. VS SKF India Ltd. & Anr.
2018-12-05NCLATAsmi Metal Products Pvt. Ltd. VS SKF India Ltd. & Anr.
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of SKF India Ltd?

SKF India Ltd (SKFINDIA) has a market capitalisation of Rs 7,485 Cr. at the 2026-10-01 close.

What is the P/E ratio of SKF India Ltd?

SKF India Ltd trades at a P/E of 50.4 on trailing twelve-month profit, at the 2026-10-01 close.

What were SKF India Ltd's latest quarterly results?

In the Jun 2026 quarter, SKF India Ltd sales was Rs 588 Cr (+27.3% vs Jun 2025) and net profit was Rs 62 Cr.

What is the 52-week high and low of SKF India Ltd?

The 52-week high is Rs 5,074.00 and the 52-week low is Rs 1,404.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03