This small-cap auto ancillaries stock, engaged in manufacturing and supplying bearings, seals, mechatronics, lubrication systems, and maintenance services, jumped 9 percent after the company reported March quarterly results with an 85.64 percent QOQ increase in net profit and announced a dividend of Rs. 14.5 per equity share.
With a market capitalization of Rs. 22,489.33 crores, the share of SKF India Limited has reached an intraday high of Rs. 4685.90 per equity share, rising nearly 8.85 percent from its previous day’s close price of Rs. 4304.75. Since then, the stock has retreated and is currently trading at Rs. 4549 per equity share.
Q4 FY25 Result Walkthrough
Coming into the quarterly results of SKF India Limited, the company’s consolidated revenue from operations increased by 0.83 percent YOY, from Rs. 1,203.40 crore in Q4 FY24 to Rs. 1,213.37 crore in Q4 FY25, and decreased by 3.40 percent QoQ from Rs. 1,256.10 crore in Q3 FY25.
In Q4 FY25, SKF India Limited’s consolidated net profit increased by 16.01 percent YOY, reaching Rs. 203.28 crore compared to Rs. 175.23 crore during the same period last year. As compared to Q3 FY25, the net profit has increased by 85.64 percent, from Rs. 109.50 crore.
The basic earnings per share increased by 16.10 percent and stood at Rs. 41.1 as against Rs. 35.4 recorded in the same quarter in the previous year, 2024.
Dividend: The SKF India board of directors has recommended paying a final dividend at the rate of 145 percent on the face value of paid-up equity shares of Rs. 10 each for the financial year 2024-25, which is a dividend of Rs. 14.5 per equity share. The payment shall be made within 30 days from the date of the Annual General Meeting (AGM).
FY25 Result: SKF India Limited’s revenue has increased from Rs. 4570.13 crore in FY24 to Rs. 4919.92 crore in FY25, which is a growth of 7.65 percent. The net profit has also grown by 2.58 percent, from Rs. 551.80 crore in FY24 to Rs. 565.91 crore in FY25.
SKF India, a prominent supplier of innovative solutions for rotating equipment in the automotive and industrial sectors, began its journey in 1923 as a ball-bearing manufacturing company. Over the years, it has evolved into one of India’s leading technology and solutions providers for bearings, serving both industrial and automotive domains.
The company operates 3 state-of-the-art manufacturing facilities and has a network of 4 offices. With 570 distributors and a workforce of 1,701 employees, SKF India continues to deliver cutting-edge solutions to its clients.
Written By – Nikhil Naik
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