SKF India (500472) AGM 2026 presentation summary

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.