SKF India Ltd

SKF India Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

SKF India Ltd

₹ 4,446 -0.15%
24 Dec 11:07 a.m.
skfindia.com BSE: 500472 NSE: SKFINDIA
About

SKF India Ltd is a leading supplier of products, solutions & services within rolling bearing, seals, mechatronics, and lubrication systems.[1]

Key Points

Parent Company
The company is a subsidiary of AB SKF which holds ~53% stake through group companies. [1] AB SKF is a Swedish bearing and seal manufacturing company founded in 1907. It manufactures and supplies bearings, seals, lubrication and lubrication systems, maintenance products, mechatronics products, power transmission products, etc. It employs ~44,000 in ~110 manufacturing units around the world. [2]

Website BSE NSE
  • Market Cap ₹ 21,981 Cr.
  • Current Price ₹ 4,446
  • High / Low ₹ 7,350 / 4,024
  • Stock P/E 39.2
  • Book Value ₹ 464
  • Dividend Yield 2.92 %
  • ROCE 29.2 %
  • ROE 21.9 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 57.4%
  • Company's working capital requirements have reduced from 64.9 days to 47.8 days

Cons

  • Stock is trading at 9.60 times its book value

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Bearings Industry: Bearings

Part of Nifty 500 BSE 250 LargeMidCap Index BSE Industrials Nifty MNC BSE SmallCap

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
966 967 1,039 1,055 1,078 1,077 1,095 1,150 1,125 1,092 1,203 1,206 1,244
807 844 880 871 864 893 928 947 1,001 920 990 1,013 1,121
Operating Profit 160 123 159 184 214 184 167 203 124 172 213 194 124
OPM % 17% 13% 15% 17% 20% 17% 15% 18% 11% 16% 18% 16% 10%
9 16 2 9 10 13 20 23 18 24 35 40 23
Interest 1 0 1 0 0 0 0 0 0 0 0 0 0
Depreciation 12 16 15 16 17 17 17 18 19 19 19 20 20
Profit before tax 156 123 146 176 207 180 170 207 122 177 230 214 127
Tax % 25% 28% 25% 27% 25% 35% 28% 26% 26% 25% 24% 26% 26%
118 89 109 129 156 117 123 154 90 132 175 159 94
EPS in Rs 23.78 17.96 22.14 26.12 31.52 23.60 24.87 31.24 18.20 26.73 35.44 32.15 19.05
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Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
2,671 3,666 4,305 4,570 4,746
2,251 3,111 3,556 3,853 4,043
Operating Profit 420 555 749 718 703
OPM % 16% 15% 17% 16% 15%
36 35 52 94 123
Interest 2 2 2 1 1
Depreciation 58 57 67 75 78
Profit before tax 396 531 733 736 747
Tax % 25% 26% 28% 25%
298 395 525 552 560
EPS in Rs 60.21 79.89 106.17 111.61 113.37
Dividend Payout % 24% 18% 38% 116%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 20%
TTM: 7%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 23%
TTM: 16%
Stock Price CAGR
10 Years: 13%
5 Years: 16%
3 Years: 7%
1 Year: -5%
Return on Equity
10 Years: %
5 Years: %
3 Years: 23%
Last Year: 22%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 49 49 49 49 49
Reserves 1,514 1,836 2,292 2,633 2,244
18 16 14 12 10
721 713 822 957 1,206
Total Liabilities 2,303 2,615 3,178 3,651 3,509
345 402 424 472 502
CWIP 65 52 63 89 76
Investments 2 2 2 9 9
1,890 2,158 2,688 3,081 2,923
Total Assets 2,303 2,615 3,178 3,651 3,509

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024
324 57 690 624
654 -33 -45 -158
-652 -78 -79 -204
Net Cash Flow 326 -53 567 262

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 80 68 58 60
Inventory Days 109 110 98 90
Days Payable 135 83 86 94
Cash Conversion Cycle 54 96 69 56
Working Capital Days 61 87 60 48
ROCE % 31% 34% 29%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
52.58% 52.58% 52.58% 52.58% 52.58% 52.58% 52.58% 52.58% 52.58% 52.58% 52.58% 52.58%
6.37% 6.33% 6.47% 6.36% 6.48% 6.51% 6.42% 6.46% 6.61% 6.77% 7.93% 8.25%
28.54% 28.26% 28.56% 29.02% 28.97% 29.09% 29.37% 29.20% 28.98% 29.00% 28.12% 27.32%
12.52% 12.84% 12.39% 12.05% 11.98% 11.81% 11.66% 11.77% 11.83% 11.65% 11.38% 11.86%
No. of Shareholders 37,30241,00940,45644,61045,53443,09842,35942,37746,56245,97048,47758,535

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Concalls