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SKF India Ltd share Price Today

Company details

5,891.15
6,225.00
4,024.50
6,339.85
6M Return 30.64%
1Y Return 40.54%
Mkt Cap.(Cr) 30,369.27
Volume 48,670
Div Yield 2.11%
OI
-
OI Chg %
-
Volume 48,670

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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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Industrial Goods company SKF India announced Q4FY24 results:

Financial Highlights:

  • The Revenue from operations of the Company for the quarter was at Rs 12,034 as compared to Rs 10,947 in the previous year.
  • The Profit Before Tax (PBT) for the quarter was Rs 2,292 compared to Rs 1,696 during the previous year. 

Mukund Vasudevan - Managing Director, SKF India Limited, said, “Despite the challenging external environment, we succeeded in delivering an impressive revenue growth, achieving a 10% increase in revenue with a 35% increase in PBT year-over-year. Resilient supply chain along with our focus on operational improvements and productivity enhancements enabled us to meet the customer needs and deliver value for our shareholders. We continue to keep advancing our intelligent and clean growth strategy to focus on overall operational efficiency and investing for sustained and profitable growth, while enabling the transition to net zero. We remain committed to sustain long term growth momentum, consistent strategy execution across the business and create value for all our shareholders.”

Result PDF

View Other Company Results

SKF India Ltd shares SWOT Analysis

Strengths (12)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Strong QoQ EPS Growth in recent results
  • Growth in Net Profit with increasing Profit Margin (QoQ)

Weakness (2)

  • MFs decreased their shareholding last quarter
  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (0)

Data not found

Threats (3)

  • High PE (PE > 40)
  • Red Flag: Resignation of Top Management
  • Increasing Trend in Non-Core Income

Resistance and support

R1 6,281.6
R2 6,420.2
R3 6,615.4
Pivot

6,086.35

S1 5,947.7
S2 5,752.5
S3 5,613.9
EMA SMA
5,331.6
4,916.6
4,765.6
4,717.2
5,146.2
4,686.0
4,631.4
4,795.7
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
NORTHERN LIGHTS FUND TRUST III RONDURE NEW WORLD FUND Block Purchase 2023-10-20 5228.85 25683 BSE
RONDURE NEW WORLD FUND Block Sell 2023-10-20 5228.85 25683 BSE
ISHARES CORE MSCI EMERGING MARKETS ETF Block Purchase 2022-10-25 4512.1 31964 BSE
Name Category Shares
Ab Skf PROMOTER 45.85%
Skf U.K. Ltd. PROMOTER 6.33%

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 COMPARISON

Financials( in Cr) SKF India Ltd Schaeffler India Ltd Timken India Ltd NRB Bearings Ltd Menon Bearings Ltd
Price 6,142.90 4,600.35 3,854.35 348.05 126.00
% Change 2.74 2.24 -2.30 -0.11 -0.43
Mcap Cr 30,369.27 71,905.31 28,992.04 3,373.41 706.10
Revenue TTM Cr 4,304.92 7,250.91 2,806.61 1,057.16 219.36
Net Profit TTM Cr 524.88 899.02 390.75 96.15 32.60
PE TTM 55.16 79.63 74.05 31.19 28.92
1 Year Return 40.54 62.39 18.84 128.98 -9.03
ROCE 33.95 26.40 27.04 14.39 32.15
ROE 24.83 19.78 21.16 13.67 26.67
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 2,341.38 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 39,612.39 -26,051.38
LAST 3M 102,786.44 -35,737.56
LAST 6M 169,824.52 46,518.61
LAST 12M 263,183.06 125,165.94
SKF India Limited - Other General Purpose

May 23, 2024 l NSE Announcement

SKF India Limited - Copy of Newspaper Publication

May 22, 2024 l NSE Announcement

SKF India Limited - Copy of Newspaper Publication

May 21, 2024 l NSE Announcement

Date Action Type Ratio
Jun 28, 2023 Dividend 400
Jun 28, 2022 Dividend 145

SKF India Ltd Information

Stock PE (TTM)
55.16
Promoter Holding
52.58%
Book Value
542.6494
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 May 23, 2024 03:59 PM the closing price of SKF India Ltd was Rs.6,142.90.

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 May 23, 2024 03:59 PM, the market cap of SKF India Ltd stood at Rs. 30,369.27.

The latest PE ratio of SKF India Ltd as of May 23, 2024 03:59 PM is 55.16

The latest PB ratio of SKF India Ltd as of May 23, 2024 03:59 PM is 0.09

The 52-week high of SKF India Ltd share price is Rs. 6,339.85 while the 52-week low is Rs. 4,024.50

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

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