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SKF India Ltd share Price Today

Company details

4,555.15
4,665.80
3,960.10
5,534.95
6M Return -7.17%
1Y Return -4.05%
Mkt Cap.(Cr) 22,587.98
Volume 18,717
Div Yield 0.88%
OI
-
OI Chg %
-
Volume 18,717

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Decent performance led by better margins…
About The Stock

    About the stock: SKF India is one of the leading bearing manufacturers known for its deep groove ball bearings and has a presence across the industrial & auto sector.  Auto & industrial have been contributing 50-50% to SKF’s topline over the years, with a slight tilt on either side depending on macros  SKF boasts a debt free balance sheet, coupled with consistent RoCE & RoICs upwards of 20%

Q4FY

    SKF reported decent Q4FY22 results.  Revenue for the quarter came in at ₹ 1039 crore (I-direct estimate of ₹ 1038.9 crore), up 22.6% YoY and 7.4% QoQ  EBIDTA margins came in at 15.3% vs. 12.7% in Q3FY22. Absolute EBIDTA came in at ₹ 159.4 crore (I-direct estimate of ₹ 139.1 crore), up 29.4% QoQ  Ensuing PAT came in at ₹ 109.5 crore (I-direct estimate of ₹ 102.6 crore) compared to ₹ 104.9 crore in Q4FY21 and ₹ 88.8 crore in Q3FY22

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Research view on more stocks

Industrial Goods company SKF India announced Q2FY24 results:

  • Revenue from operations of the Company for Q2FY24 was at Rs 11,252 million as compared to Rs 10,783 million in Q2FY23.
  • Profit Before Tax (PBT) for Q2FY24 was Rs 1,220 million compared to Rs 2,075 million during Q2FY23.

Manish Bhatnagar, Managing Director, SKF India, said, “As the external environment remained mixed this quarter, we have delivered moderate revenue growth, achieving a 4% increase in revenue with a 41% decrease in PBT year-over-year. The increase in import costs adversely impacted our margins in this quarter. However, a normalized supply chain continues to help improve our overall operational efficiency. Looking ahead, we will continue to maintain our focus on operational improvements and productivity enhancements to sustain through this dynamic period. We are confident of systematically advancing our intelligent and clean growth strategy to sustain the long-term growth momentum. Our strong business fundamentals, coupled with the right talent, and alignment with customers’ evolving needs, position us firmly to deliver improved margins and create value for all our shareholders.”

 

 

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OUR RESEARCH VIEW

Investment recommendation
Decent performance led by better margins…
Call Date
12 May 2022
Entry Price 3,100.00
Target Price 3,720.00
Duration
12-18 Month

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

SKF India Ltd Stocks COMPARISION

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 2,341.38 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 21,819.21 39,849.27
LAST 3M 59,182.99 17,912.96
LAST 6M 101,166.54 92,564.27
LAST 12M 166,925.45 138,096.90

SKF India Ltd Information

Stock PE (TTM)
46.61
Promoter Holding
52.58%
Book Value
483.0656
ROCE
33.95%
ROE
24.83%

No Data Found

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 500472
NSE Code : SKFINDIA
Book Closure Date (Month) :
BSE Group : A
ISIN : INE640A01023

FAQ’s on SKF India Ltd Shares

You can buy SKF India Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy SKF India Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Dec 08, 2023 03:53 PM the closing price of SKF India Ltd was ₹ 4,568.95.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Dec 08, 2023 03:53 PM, the market cap of SKF India Ltd stood at ₹ 22,587.98.

The latest PE ratio of SKF India Ltd as of Dec 08, 2023 03:53 PM is 46.61

The latest PB ratio of SKF India Ltd as of Dec 08, 2023 03:53 PM is 0.11

The 52-week high of SKF India Ltd is ₹ 5,534.95 while the 52-week low is ₹ 3,960.10

According to analyst recommendations, SKF India Ltd has a “Buy” rating for the long term.

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