SKF India (Industrial) (SKFINDUS) Q4 25/26 earnings summary

Executive summary

• Achieved strong net sales growth of 9.8% quarter-over-quarter in 4QFY26, driven by OEM and inter-company sales.

• Margins improved sequentially, supported by lower one-time demerger expenses.

• Board approved unaudited Q4 and audited annual results for FY ending March 31, 2026, with auditors issuing an unmodified opinion.

• Final dividend of ₹10 per equity share recommended, subject to AGM approval, with a payout of ₹494.4 million.

• Equity shares listed on BSE and NSE on December 5, 2025, following NCLT-approved demerger from SKF India Limited.

Financial highlights

• Net sales reached 9.5 BINR in 4QFY26, up 9.8% QoQ.

• Annual revenue from operations reached ₹34,403.6 million for FY 2026.

• Net profit for FY 2026 was ₹2,176.7 million, with total comprehensive income at ₹2,214.8 million.

• Q4 FY 2026 revenue was ₹9,457.2 million, with net profit of ₹1,189.7 million.

• Net working capital as a percentage of sales declined to 18.7%, reflecting operational efficiency.

Outlook and guidance

• Strategic priorities to 2028 focus on localization, commercial excellence, and innovation for growth.

• Continued emphasis on high-performance teams and customer-centric solutions.

• Dividend payout of ₹10 per share proposed, reflecting confidence in future cash flows.

• Company continues to monitor regulatory changes, especially regarding new Labour Codes, for future financial impact.