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SKF India Ltd (SKFINDIA)

₹56300.75%

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Overview
News
Financials
Q1 2024 Results
Technicals

Analyst Rating

based on 9 analysts

BUY

80.00%

Buy

20.00%

Hold

0.00%

Sell

Based on 9 analysts offering long term price targets for SKF India Ltd. An average target of ₹5429.11

Source: S&P Global Market Intelligence

SKF India Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    ₹5,627.2
    ₹5,630
  • 52 Week's Low

    52 Week's High

    ₹4,024.5
    ₹7,350
1 Month Return-16.38 %
3 Month Return+ 22.19 %
1 Year Return+ 6.7 %
Previous Close₹5,588.25
Open₹5,630.00
Volume38.48K
Upper Circuit-
Lower Circuit-
Market Cap₹27,627.17Cr

Key Statistics

P/E Ratio50.12
PEG Ratio9.28
Market Cap₹27,627.17 Cr
P/B Ratio7.67
EPS79.89

Mutual Fund Holdings

Funds HoldingsPrev. 6M
HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth OptionHDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option2.15%
Kotak Emerging Equity Scheme Direct GrowthKotak Emerging Equity Scheme Direct Growth2.28%
HDFC Small Cap Fund-Direct Growth OptionHDFC Small Cap Fund-Direct Growth Option2.15%
HDFC Hybrid Equity Fund Direct Growth OptionHDFC Hybrid Equity Fund Direct Growth Option2.66%
Mirae Asset Large & Midcap Fund Direct Plan GrowthMirae Asset Large & Midcap Fund Direct Plan Growth1.46%

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: ₹5630.00 per share as on 22 Jul, 2024 03:23 PM
Market Capitalisation: ₹27,627.17Cr as of today
Revenue: ₹1,203.40Cr as on March 2024 (Q1 24)
Net Profit: ₹175.23Cr as on March 2024 (Q1 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 Ltd's Dividend Payment Looks Precarious - 30 Jun, 2024

    SKF India Ltd is set to pay a dividend of ₹130.00 per share on September 12th, with a trailing yield of 2.0%. However, the company distributed an unsustainably high 116% of its profit as dividends last year and cash flow should be assessed for sustainability. SKF India's earnings per share have grown at 11% annually over the past five years, but we are not particularly enthused about the stock from a dividend perspective.

  • SKF India Declares Final Dividend of Rs. 130 per Share - 29 Jun, 2024

    SKF India has declared a final dividend of Rs. 130 per equity share with a face value of Rs. 10, representing a 1300% payout. The record date for determining eligible shareholders is July 4, 2024, and the dividend yield stands at 1.98 percent.

  • SKF India Launches Campaign to Support Commercial Vehicle Mechanics - 18 Jun, 2024

    SKF India has launched a nationwide campaign, Install Confidence, Install SKF, aimed at engaging commercial vehicle mechanics across more than 50 cities in 18 states. The initiative aims to reach approximately 5,000 mechanics over the coming months, offering them knowledge and tools necessary to excel in their profession while promoting sustainability within the automotive sector. Additionally, SKF India released a song titled Heroes of the Road as a tribute to these often-overlooked mechanics.

  • SKF India Focused on Demand from EVs, Railways and Metals Industry - 17 Jun, 2024

    SKF India is seeing increased demand for ball bearings from the industrial segment, automobiles, and railways. The company saw strong margin and volume expansion in Q4FY24. Listed stocks in the industry have seen a 10-15% rise in the last week due to new opportunities opening up.

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 2 quarters, 1.11K Cr → 1.23K Cr (in ₹), with an average increase of 9.9% per quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, 89.97 Cr → 175.23 Cr (in ₹), with an average increase of 28.3% 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 1 year, Thermax Ltd has given 103.2% return, outperforming this stock by 96.5%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Thermax Ltd has given 248.9% return, outperforming this stock by 143.8%

  • 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 1 month, SKFINDIA stock has moved down by -16.4%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

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

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹1,203.40Cr
↑10.21%
Net Income
₹175.23Cr
↑32.60%
Net Profit Margin
14.56%
↑20.33%
2024Y/Y Change
Revenue
₹4,570.13Cr
↑6.16%
Net Income
₹551.80Cr
↑5.13%
Net Profit Margin
12.07%
↓0.98%
Value in ₹ crore
2024Y/Y Change
Total Assets
₹3,651.49Cr
↑14.88%
Total Liabilities
₹968.65Cr
↑15.73%
Value in ₹ crore
2024Y/Y Change
Operating Cash Flow
₹624.09Cr
↓9.58%

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

SKF India Ltd Valuation

SKF India Ltd in the last 5 years

  • Overview

  • Trends

Lowest (35.57x)

September 30, 2021

Today (50.12x)

July 19, 2024

Industry (62.87x)

July 19, 2024

Highest (62.07x)

June 14, 2024

LowHigh

Earnings and Dividends

  • SKF India Ltd Earnings Results

    SKF India Ltd’s net profit jumped 42.54% since last year same period to ₹175.23Cr in the Q4 2023-2024. On a quarterly growth basis, SKF India Ltd has generated 32.6% jump 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 3.04%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bearish

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

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SKF India Ltd (SKFINDIA) share price today is ₹5630

SKF India Ltd is listed on NSE

SKF India Ltd is listed on BSE

  • Today’s highest price of SKF India Ltd is ₹5630.
  • Today’s lowest price of SKF India Ltd is ₹5627.2.

PE Ratio of SKF India Ltd is 50.12

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 38.48K.

Today’s market capitalisation of SKF India Ltd(SKFINDIA) is ₹27627.17Cr.

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

SKF India Ltd(SKFINDIA) share price is ₹5630. It is down -23.40% from its 52 Week High price of ₹7350

SKF India Ltd(SKFINDIA) share price is ₹5630. It is up 39.89% from its 52 Week Low price of ₹4024.5

SKF India Ltd(SKFINDIAReturns
1 Day Returns
41.75%
1 Month Returns
-16.38%
3 Month Returns
22.19%
1 Year Returns
6.7%