Sharescart Research Club logo ×
Screener Research Unlisted Startup Funding New IPO New

SKF India

₹4975 26.1 | 0.5%

Market Cap ₹24595 Cr.

Stock P/E 44.6

P/B 9.2

Current Price ₹4975

Book Value ₹ 542.6

Face Value 10

52W High ₹5528.9

Dividend Yield 2.61%

52W Low ₹ 4025

SKF India Research see more...

Overview Inc. Year: 1961Industry: Bearings

SKF India Ltd gives bearing and its additives. The Company is a dealer of merchandise, solutions and services inside rolling bearing, seals, mechatronics, and lubrication structures. The Company's products and services around the rotating shaft consist of bearings, seals, lubrication management, artificial intelligence and wireless circumstance monitoring. The Company's manufacturing facilities are positioned at Pune, Bangalore and Haridwar. The Company develops solutions for companies across automotive and industrial sectors. The Company developed its product portfolio by way of integrating digital generation and wireless sensors to offer machine fitness evaluation, engineering and remanufacturing services.

Read More..

SKF India Share Price

New

| |

Volume
Price

Quarterly Price

Show Value Show %

Peer Comparison

SKF India Quarterly Results

#(Fig in Cr.) Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Net Sales 967 1039 1055 1078 1077 1095 1150 1125 1092 1203
Other Income 16 2 9 10 13 20 23 20 24 35
Total Income 983 1041 1064 1088 1090 1114 1172 1145 1116 1238
Total Expenditure 844 880 871 864 893 928 947 1004 920 990
Operating Profit 139 162 193 225 197 187 225 142 196 248
Interest 16 1 0 0 0 0 0 0 0 0
Depreciation 0 15 16 17 17 17 18 19 19 19
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 123 146 176 208 180 170 208 122 177 229
Provision for Tax 34 36 47 52 63 47 53 32 45 54
Profit After Tax 89 109 129 156 116 123 155 90 132 175
Adjustments -0 0 -0 -0 0 0 -0 -0 -0 0
Profit After Adjustments 89 109 129 156 117 123 154 90 132 175
Adjusted Earnings Per Share 18 22.1 26.1 31.5 23.6 24.9 31.2 18.2 26.7 35.4

SKF India Profit & Loss

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 2671 3666 4305 4570
Other Income 36 35 52 102
Total Income 2707 3701 4357 4671
Total Expenditure 2251 3110 3556 3861
Operating Profit 456 590 801 811
Interest 2 2 2 0
Depreciation 58 57 67 75
Exceptional Income / Expenses 0 0 0 0
Profit Before Tax 396 531 733 736
Provision for Tax 99 136 208 184
Profit After Tax 298 395 525 552
Adjustments -0 0 0 0
Profit After Adjustments 298 395 525 551
Adjusted Earnings Per Share 60.2 79.9 106.2 111.5

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 17% 0% 0% 0%
Operating Profit CAGR 36% 0% 0% 0%
PAT CAGR 33% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 17% 30% 22% 20%
ROE Average 25% 22% 22% 22%
ROCE Average 35% 30% 30% 30%

SKF India Balance Sheet

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 1564 1886 2341
Minority's Interest 0 0 0
Borrowings 0 0 0
Other Non-Current Liabilities 1717 1853 2065
Total Current Liabilities 693 681 796
Total Liabilities 3973 4420 5203
Fixed Assets 330 380 401
Other Non-Current Assets 2012 2084 2353
Total Current Assets 1631 1955 2449
Total Assets 3973 4420 5203

SKF India Cash Flow

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 116 442 389
Cash Flow from Operating Activities 324 57 690
Cash Flow from Investing Activities 654 -33 -45
Cash Flow from Financing Activities -652 -78 -79
Net Cash Inflow / Outflow 326 -53 567
Closing Cash & Cash Equivalent 442 389 955

SKF India Ratios

# Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 60.21 79.89 106.17
CEPS(Rs) 71.94 91.44 119.68
DPS(Rs) 14.5 14.5 40
Book NAV/Share(Rs) 316.3 381.41 473.58
Core EBITDA Margin(%) 15.73 15.15 17.41
EBIT Margin(%) 14.92 14.54 17.06
Pre Tax Margin(%) 14.84 14.48 17.03
PAT Margin (%) 11.15 10.77 12.19
Cash Profit Margin (%) 13.32 12.33 13.75
ROA(%) 7.49 9.41 10.91
ROE(%) 19.04 22.9 24.83
ROCE(%) 25.48 30.9 34.75
Receivable days 79.74 63.18 57.84
Inventory Days 63.96 56.99 57.78
Payable days 134.87 88.22 79.41
PER(x) 37.37 44.29 40.09
Price/Book(x) 7.11 9.28 8.99
Dividend Yield(%) 0.64 0.41 0.94
EV/Net Sales(x) 3.98 4.66 4.67
EV/Core EBITDA(x) 23.28 28.96 25.07
Net Sales Growth(%) 0 37.26 17.43
EBIT Growth(%) 0 33.75 37.84
PAT Growth(%) 0 32.66 32.89
EPS Growth(%) 0 32.67 32.89
Debt/Equity(x) 0 0 0
Current Ratio(x) 2.35 2.87 3.08
Quick Ratio(x) 1.68 1.88 2.21
Interest Cover(x) 187.05 256.19 486.44
Total Debt/Mcap(x) 0 0 0

SKF India Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 52.58 52.58 52.58 52.58 52.58 52.58 52.58 52.58 52.58 52.58
FII 6.37 6.33 6.47 6.36 6.48 6.52 6.42 6.46 6.61 6.76
DII 28.54 28.25 28.56 29.02 28.98 29.1 29.36 29.19 28.98 29
Public 12.52 12.84 12.39 12.05 11.97 11.81 11.65 11.77 11.83 11.66
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 22%
  • Debtor days have improved from 88.22 to 79.41days.
  • Company is almost debt free.

Cons

  • Stock is trading at 9.2 times its book value.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

SKF India News

IPO

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....