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SKF India (500472) investor relations material
SKF India AGM 2026 presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Demerger and strategic focus
Completed demerger in October 2025, creating two independent entities focused on automotive and industrial sectors.
Automotive arm rebranded as SKF Vertevo, emphasizing transformation and evolution.
Demerger aimed to enable focused capital allocation, faster decision-making, and independent growth strategies.
Over a century of operations in India, with 933 employees and 330 distribution partners.
Business strategy and operations
Focus on advanced mobility solutions, including electrification and next-generation automotive technologies.
Strategy centers on innovation, portfolio rationalization, capacity building, and strengthening the aftermarket.
Manufacturing strategy emphasizes lean, green, and digital operations to reduce waste and environmental impact.
Solutions span powertrain, drive control, wheel-end, and electric mobility for various vehicle categories.
Financial and operational performance
FY 2025-26 revenue from operations reached INR 21,295 million, with profit after tax at INR 1,172 million.
EBITDA margin stood at 15%, with earnings per share of INR 23.7 and book value per share of INR 269.
Developed high-speed deep groove ball bearings for EVs, adopted by leading manufacturers.
- Quarterly profit rebounded to INR 619.2 million amid demerger and regulatory adjustments.500472
Q1 26/27 - Sales rose but margins and profit fell on one-offs; Rs. 40/share dividend proposed.500472
Q4 25/26 - Q3 FY26 delivered strong revenue and profit, with notable impacts from regulatory and demerger events.500472
Q3 25/26 - Demerger approved to create two specialized entities, targeting growth and higher profitability.500472
Status Update - Q1 FY25 saw higher revenue and profit, stable margins, and growth in heavy industries and auto.500472
Q1 24/25 - Q3 FY25 revenue rose 15% YoY to INR 12,561 million, with margin pressure and a pending demerger.500472
Q3 24/25 - Demerger to create two focused entities, unlocking growth and efficiency, on track for FY25 completion.500472
Status Update - Full-year sales rose 8%, margins improved, cash flow fell, and a demerger and dividend are underway.500472
Q4 24/25 - Revenue up 6.2% YoY, margins down 530 bps on demerger and FX costs, demerger progressing.500472
Q1 25/26
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