₹ 2,152.00 +7.10 (0.33%)
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Overview
- BSE Code 500472
- NSE Symbol SKFINDIA
- ISIN Demat INE640A01023
- Book Value (₹) 525.50
- Face Value (₹) 10.00
- Market Cap (₹ Cr.) 10,900.08
- P/E (TTM) 20.75
- EPS (TTM) 106.27
- Div Yield (%) 0.66
Performance
Corporate Actions
SKF India Limited - Record Date
Oct 02, 2025With reference to our intimation dated 30th September 2025 and 01st October 2025 informing the Stock Exchange(s) about the receipt of the certified copy of the Order ( Order ) of the National Company Law Tribunal, Mumbai Bench ( Hon ble NCLT ) sanctioning the Scheme and intimation of 01st October 2025 being the effective date of Scheme of Arrangement ( Scheme ) between SKF India Limited ( SKF India or Demerged Company or Company ) and SKF India (Industrial) Limited ( SKF Industrial or Resulting Company ) and their respective shareholders and creditors ( Scheme ), we wish to inform you that in terms of the Scheme and in consideration thereof, SKF Industrial shall issue and allot equity shares to the shareholders of the Company on a proportionate basis, as per the following ratio: Ratio: 1 (One) fully paid-up equity share of INR 10/- (Indian Rupees Ten only) each of the SKF Industrial for every 1 (One) fully paid-up equity share of INR 10/- (Indian Rupees Ten only) each held in the Company. Eligible Shareholders: Shareholders of the Company whose names appear in the register of members and/ or records of the depository as shareholders of the Company as on the Record Date. In this regard, we would like to inform you that in terms of the Scheme, the Boards of Directors of the Company and SKF Industrial have mutually agreed to fix 15th October 2025 as the Record Date for the purpose of determining the shareholders of the Company entitled to receive equity shares of SKF Industrial would be allotted.
SKF India Limited - Analysts/Institutional Investor Meet/Con. Call Updates
Apr 14, 2025Pursuant to Clause 15(b)(iii) of Schedule III, Part A, Para A read with Regulation 30 (2), Regulation 30(6)&Regulation 46(2)(oa)of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended from time to time) ( SEBI LODR ), please find enclosed herewith the transcript of Analyst / Institutional Investor Call for an update on demerger held on Wednesday, 09th April 2025 at 14:00 Hrs (IST). The same will soon be uploaded on the website of the company for convenience of the shareholders.
About SKF India Ltd
History
_x000D_ SKF India, a renowned manufacturer of ball bearings in India, is affiliated with AB SKF Germany, a global leader in supplying bearings, seals, mechatronics, lubrication systems, and related services. _x000D_ _x000D_ The company operates manufacturing facilities in Pune, Bangalore, and Haridwar, serving the automotive and industrial sectors in Northern and Peninsular India. SKF India's history dates back to 1963, when it was listed on the Bombay Stock Exchange. In 1965, it established its first manufacturing plant in Pune. Over the years, it expanded its operations, including the launch of a state-of-the-art factory in Bangalore in 1989._x000D_ _x000D_ In 1997, SKF India acquired CR Seals India Pvt. Ltd., which later became SKF Sealing Solutions India Pvt Ltd. In 2002, the company achieved a notable milestone of ISO/TS-16949 certification for its Automotive Business Unit. SKF India continued to grow and established the SKF Center for Learning in 2002, emphasising its commitment to knowledge and skill development._x000D_ _x000D_ The company's dedication to innovation led to the establishment of the SKF Application Development Center in 2004 and the acquisition of Vibration Engineer and Consultants Pvt Ltd. During this time, SKF India transitioned to a 'Direct Customer Delivery' model to expedite the delivery of imported SKF bearings._x000D_ _x000D_ In 2007, SKF India introduced power transmission products, such as timing belts and couplings, to the Indian market. The company also partnered with wind power firm Suzlon Energy in 2008, supplying bearings for wind turbines. This partnership was valued at €303 million._x000D_ _x000D_ In 2015, SKF India signed a strategic agreement with Regen Powertech, a leading Indian wind turbine manufacturer, to supply bearings for wind turbines. The company also ventured into renewable energy by launching a significant rooftop solar installation in Pune in 2016._x000D_ _x000D_ In 2020 and 2021, SKF India focused on green manufacturing initiatives and reduced its environmental impact through energy-saving projects and renewable energy investments. The company also contributed to sustainability by recycling steel and bearings, benefiting the environment and increasing profitability._x000D_ _x000D_ In FY 21-22, SKF India introduced innovative solutions, such as the SKF Unitised Solution - Wheel Unit and low-noise, low-vibration bearings for electrical motors. The company's commitment to energy conservation continued with energy-saving projects across its manufacturing facilities. These efforts included solar power initiatives and reducing energy consumption through various modifications and improvements._x000D_Business Segments
_x000D_ While SKF India doesn't operate in strictly defined business segments, it categorises its offerings into 5 different platforms:_x000D_- _x000D_
- Bearings and Units: This is the traditional core of SKF, encompassing a wide range of ball, roller, and other types of bearings, along with mounted bearing units, for various industrial and automotive applications. _x000D_
- Seals: SKF provides various types of seals, including lip seals, O-rings, and labyrinths, to prevent leakage of fluids and protect equipment from contaminants. _x000D_
- Mechatronics: This platform comprises intelligent bearing units with integrated sensors and actuators that enable condition monitoring, predictive maintenance, and autonomous lubrication. _x000D_
- Lubrication Solutions: SKF offers a range of lubrication systems, greases, and oils to optimise machinery performance, reduce friction, and extend equipment life. _x000D_
- Services: SKF provides various services like condition monitoring, asset management, maintenance, training, and engineering support to help customers optimise their machinery operations. _x000D_
Key Personnel
_x000D_ Manish Bhatnagar, Managing Director_x000D_ _x000D_ Manish has been the Managing Director of SKF India Limited since August 16, 2018, where he leads the strategic direction of the SKF group in India. With over 28 years of global experience across various industries, including consumer goods, materials, healthcare, and environmental solutions, he has held key leadership positions at companies like Danaher, General Electric, Underwriters Laboratories, and Lakme Lever._x000D_Corporate Actions
_x000D_ Buyback _x000D_- _x000D_
- In 2018, SKF India Limited conducted a buyback of up to 19 lakh shares at ₹2100 per share, totalling ₹399 crore, representing about 3.70% of its total paid-up equity share capital, with a record date of December 21, 2018. _x000D_
- In 2017, SKF India Limited's equity buyback plan involved repurchasing 13.94 lakh shares for a total of ₹2,09.18 crore, representing 2.65% of their total shares, with a record date of April 7, 2017. _x000D_
| Founded | : 1961 |
| Chairman | : Gopal Subramanyam |
| Managing Director | : Shailesh Sharma |
| Address | : Mahatma Gandhi Memorial Buildg, Netaji Subhash Road, Mumbai, Maharashtra, 400002, |
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