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SKF India Ltd

(SKFINDIA)

₹5381.60.74%

as on 04:01PM, 18 Sep 2024

Overview
News
Financials
Q1 2024 Results
Technicals

Analyst Rating

based on 11 analysts

BUY

72.73%

Buy

27.27%

Hold

0.00%

Sell

Based on 11 analysts offering long term price targets for SKF India Ltd. An average target of ₹5675.73

Source: S&P Global Market Intelligence

SKF India Ltd Share analysis

SKF India Ltd price forecast by 11 analysts

Upside of4.69%

High

₹6363

Target

₹5675.73

Low

₹5111

SKF India Ltd target price ₹5675.73, a slight upside of 4.69% compared to current price of ₹5381.6. According to 11 analysts rating.

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹5,350
    ₹5,580
  • 52 Week's Low

    52 Week's High

    ₹4,024.5
    ₹7,350
1 Month Return+ 6.03 %
3 Month Return-20.07 %
1 Year Return+ 4.27 %
Previous Close₹5,421.60
Open₹5,580.00
Volume1.28L
Upper Circuit-
Lower Circuit-
Market Cap₹26,803.29Cr

Key Statistics

P/E Ratio48.23
PEG Ratio40.2
Market Cap₹26,803.29 Cr
P/B Ratio7.67
EPS111.61
Dividend Yield3.12
SectorBearings
ROE21.96

Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹26,803.29 Cr37.1%0.51₹551 Cr₹4,570 Cr
HOLD₹40,802.52 Cr32.45%0.53₹1,136 Cr₹4,853 Cr
HOLD₹1,06,609.73 Cr115.96%0.52₹1,720 Cr₹9,000 Cr
SELL₹92,222.45 Cr88.88%0.71₹282 Cr₹23,892 Cr
HOLD₹1,66,849.24 Cr112.4%0.51NANA

Company Information

SKF India Ltd. is an Indian subsidiary of the Swedish bearing manufacturer SKF AB. Incorporated in 1961, the company is headquartered in Mumbai and operates in multiple locations across India.

SKF India Ltd. is engaged in the manufacture and sale of bearings, seals, lubrication and mechatronics products, as well as services such as maintenance and repair. The company also offers a wide range of products and services for the automotive, industrial, and aerospace industries.

SKF India Ltd. is renowned for its top-quality products, including ball bearings, roller bearings, plain bearings, and bearing units. The company also manufactures and sells a range of bearing accessories, such as seals, lubricants, and tools. SKF India Ltd. also offers a range of services, such as maintenance and repair, as well as technical support. The company's popular brands include SKF, FAG, INA, and SNR. SKF India Ltd. is a leading provider of bearing solutions for a wide range of applications, from automotive and industrial to aerospace and medical.

Share Price: ₹5381.60 per share as on 18 Sep, 2024 04:01 PM
Market Capitalisation: ₹26,803.29Cr as of today
Revenue: ₹1,206.22Cr as on June 2024 (Q2 24)
Net Profit: ₹158.93Cr as on June 2024 (Q2 24)
Listing date: 03 Nov, 1994
Chairperson Name: Gopal Subramanyam
OrganisationSKF India Ltd
Headquarters
IndustryBearings
E-voting on sharesClick here to vote

Key events for SKF India Ltd

  • SKF India Plans Automotive Business Spin-Off - 18 Sep, 2024

    SKF India intends to spin off its automotive business, targeting a separate listing on Nasdaq Stockholm by mid-2026. This move aims to enhance operational agility and shareholder value.

  • SKF India Plans Separation of Automotive Business - 17 Sep, 2024

    SKF India’s promoter, AB SKF, announced plans to separate its global automotive business and list it on Nasdaq Stockholm by mid-2026. This strategic move aims to enhance customer value and allow for independent decision-making, ultimately unlocking long-term growth opportunities.

  • SKF India Reports Strong Q2 Performance - 23 Aug, 2024

    SKF India reported consolidated net sales of Rs 1,206.22 crore for June 2024, a 4.93% increase year-on-year. Net profit rose to Rs 158.93 crore, up 2.92%. EBITDA also improved by 3.69% to Rs 233.72 crore. The EPS increased to Rs 32.10. SKF India shares closed at Rs 5,288.25, reflecting a 17% return over the last six months.

  • SKF India Shifts Focus to Emerging Segments - 21 Aug, 2024

    SKF India aims to concentrate on electric vehicles and renewables following muted June quarter results, reporting a 4% revenue increase to Rs 1,206 crore. Despite a net profit rise of 3% to Rs 159 crore, margins narrowed. The company maintains a consistent 12% CAGR in top-line growth over four years, with notable 25% growth in heavy industry and metals sectors.

Insights on SKF India Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 6.76% to 7.92% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 1.11K Cr → 1.24K Cr (in ₹), with an average increase of 5.3% per quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 52.58% of holdings in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Thermax Ltd has given 257.3% return, outperforming this stock by 173.9%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Thermax Ltd has given 87.6% return, outperforming this stock by 83.3%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 25.60% to 24.51% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 11.66% to 11.38% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 months, SKFINDIA stock has moved down by -20.1%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 175.23 Cr → 158.93 Cr (in ₹), with an average decrease of 9.3% per quarter

Company Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹1,149.60Cr (-)₹1,125.21Cr (↓2.12%)₹1,091.90Cr (↓2.96%)₹1,203.40Cr (↑10.21%)₹1,206.22Cr (↑0.23%)
Net Income₹154.42Cr (-)₹89.97Cr (↓41.74%)₹132.15Cr (↑46.88%)₹175.23Cr (↑32.60%)₹158.93Cr (↓9.30%)
Net Profit Margin13.43% (-)8.00% (↓40.43%)12.10% (↑51.25%)14.56% (↑20.33%)13.18% (↓9.48%)
Value in ₹ crore
Details2021202220232024
Total Assets₹2,305.41Cr (-)₹2,617.43Cr (↑13.53%)₹3,178.48Cr (↑21.44%)₹3,651.49Cr (↑14.88%)
Total Liabilities₹741.60Cr (-)₹731.53Cr (↓1.36%)₹836.98Cr (↑14.41%)₹968.65Cr (↑15.73%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹329.79Cr (-)₹323.96Cr (↓1.77%)₹57.09Cr (↓82.38%)₹690.23Cr (↑1,109.02%)₹624.09Cr (↓9.58%)

Index Inclusions

S&P BSE 150 MidCap

₹16,861.43

-0.74 (-126.15%)

S&P BSE Indus.

₹15,767.26

-0.36 (-57.27%)

S&P BSE SmallCap Select

₹8,482.33

-0.8 (-68.38%)

Nifty LargeMidcap 250

₹16,673.25

-0.45 (-74.8%)

S&P BSE 400 MidSmallCap

₹12,848.57

-0.62 (-80.01%)

BSE 500

₹37,668.29

-0.37 (-138.15%)

BSE Small-Cap

₹56,915.93

-0.52 (-299.02%)

S&P BSE AllCap

₹11,026.27

-0.37 (-41.39%)

Nifty MNC

₹31,182.75

-0.72 (-226.3%)

S&P BSE Capital Goods

₹72,778.83

-0.2 (-142.29%)

Nifty Midcap 150

₹22,079.90

-0.7 (-155.45%)

Nifty MidSmallcap 400

₹20,837.05

-0.57 (-119.45%)

S&P BSE 250 LargeMidCap

₹11,133.40

-0.36 (-40.47%)

Nifty 500

₹23,898.65

-0.3 (-71.25%)

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
52.58%
0.00
Foreign Institutions
7.92%
17.20
Mutual Funds
24.51%
-4.25
Retail Investors
11.38%
-2.40
Others
3.61%
5.98

Key Indicators

Details202220232024
Earning Per Share (₹)79.89106.17111.61
Details20202021202220232024
Return On Equity %16.0517.1622.9124.8321.96
Details202220232024
Return On Assets %15.0916.5115.11
Details202220232024
Book Value Per Share (₹)381.41473.58542.63

SKF India Ltd Valuation

SKF India Ltd in the last 5 years

  • Overview

  • Trends

Lowest (35.57x)

September 30, 2021

Today (48.23x)

September 17, 2024

Industry (62.21x)

September 17, 2024

Highest (62.07x)

June 14, 2024

LowHigh

Earnings and Dividends

  • SKF India Ltd Earnings Results

    SKF India Ltd’s net profit jumped 2.92% since last year same period to ₹158.93Cr in the Q1 2024-2025. On a quarterly growth basis, SKF India Ltd has generated -9.3% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • SKF India Ltd Dividends May,2024

    In the quarter ending March 2024, SKF India Ltd has declared dividend of ₹130 - translating a dividend yield of 3.14%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

SKF India Ltd is currently in a Bullish trading position according to technical analysis indicators.

Frequently Asked Questions

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SKF India Ltd (SKFINDIA) share price today is ₹5381.6

SKF India Ltd is listed on NSE

SKF India Ltd is listed on BSE

  • Today’s highest price of SKF India Ltd is ₹5580.
  • Today’s lowest price of SKF India Ltd is ₹5350.

PE Ratio of SKF India Ltd is 48.23

PE ratio = SKF India Ltd Market price per share / SKF India Ltd Earnings per share

Today’s traded volume of SKF India Ltd(SKFINDIA) is 1.28L.

Today’s market capitalisation of SKF India Ltd(SKFINDIA) is ₹26803.29Cr.

SKF India Ltd(SKFINDIAPrice
52 Week High
₹7350
52 Week Low
₹4024.5

SKF India Ltd(SKFINDIA) share price is ₹5381.6. It is down -26.78% from its 52 Week High price of ₹7350

SKF India Ltd(SKFINDIA) share price is ₹5381.6. It is up 33.72% from its 52 Week Low price of ₹4024.5

SKF India Ltd(SKFINDIAReturns
1 Day Returns
-40%
1 Month Returns
6.03%
3 Month Returns
-20.07%
1 Year Returns
4.27%