SKF India Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
SKF India reported revenue growth of 27% year-over-year to INR 5.9 billion for Q1 FY27, with EBITDA improving 7 bps year-over-year and 540 bps quarter-on-quarter. Management discussed segmental mix, capacity expansion in Haridwar, and new business wins including a wheel-end order from a passenger vehicle manufacturer starting Q4 CY2028. Executives also addressed gross margin movement, commodity inflation pass-through, and the outlook for exports, vehicle aftermarket, and EV-related business.
SKF India reported Q4 FY26 sales growth of 3% quarter-on-quarter to about INR 5.6 billion, while profit before tax fell due to one-off gains in the prior quarter including forex gains, fixed deposit income and reversal of employee cost provisions. Full year FY26 sales grew 12.8% to INR 20.3 billion, while profit before tax margin declined due to mix, discounts and demerger-related comparability issues. Management discussed the ongoing trading arrangement with SKF Industrial, capital expenditure plans of about INR 500 crores between FY26 and FY28, and strategic priorities around electric vehicle bearings, premiumization and margin recovery.