SKF India Ltd

SKF India Ltd has announced the closure of its trading window for directors, promoters, key managerial personnel, and designated persons. The window will remain shut from October 1, 2026, until 48 hours after the declaration of financial results for the second quarter and half-year ending September 30, 2026. In line with SEBI regulations, the PANs of these individuals will be frozen during this period to prevent insider trading. This measure aims to ensure compliance with SEBI's Prohibition of Insider Trading Regulations.

SKF India Ltd has filed the transcript of its 65th Annual General Meeting (AGM) held on August 14, 2026. The meeting was conducted via video conferencing, with the Chairperson, Gopal Subramanyam, welcoming shareholders. Key management personnel and Board of Directors, including independent directors Anu Wakhlu and non-executive directors Antonio Molle, Bastian Thomas, and Magnus Prick, were present and introduced themselves. The Company Secretary confirmed the quorum and noted the presence of statutory, secretarial, and cost auditors. The transcript will be available on the company's website and submitted to the stock exchange.

SKF India Ltd has submitted the video recording link for its 65th Annual General Meeting (AGM) held on Friday, August 14, 2026, at 1:00 PM IST. The AGM was conducted via Video Conferencing. The link to the proceedings is available on the company's investor website. This filing is for information and record purposes, and stakeholders are requested to disseminate the information on their respective websites.

SKF India Ltd presented its business performance and strategy at its 65th Annual General Meeting held on August 14, 2026. The presentation highlighted the demerger of its 'Industrial' business effective October 1, 2025, creating two distinct entities: SKF India Limited (automotive focus) and SKF India (Industrial) Limited. The company detailed its automotive arm's evolution, its history in India since 1923, and its current operational footprint including offices, partners, manufacturing facilities, and employee count.

SKF India Limited announced its unaudited financial results for the first quarter ended June 30, 2026 (Q1 FY 2026-27). The company reported a significant 27.1% year-on-year growth in Revenue from Operations, reaching INR 5,877.9 Million. EBITDA stood at INR 1,003.9 Million, with a slight increase in margin to 17.1%. Profit Before Tax (PBT) grew to INR 837.8 Million from INR 631.5 Million in the same quarter last year. The growth was attributed to broad-based demand across automotive segments and strong market presence. The company also mentioned exceptional items related to demerger and new regulations. SKF India continues to focus on innovation, operational excellence, and sustainable technologies.

SKF India Ltd announced that its Board of Directors, in a meeting held on August 12, 2026, approved the Unaudited Financial Results (Standalone and Consolidated) for the first quarter ended June 30, 2026. The statutory auditors, M/s. Deloitte Haskins & Sells LLP, have issued an unmodified Limited Review Report on these results. The company has also uploaded the intimation and results on its website.

SKF India reported consolidated PAT of ₹61.92 Cr (standalone ₹61.84 Cr) on revenue from operations of ₹587.79 Cr for the quarter ended June 30, 2026, its first full quarter reporting as a standalone bearings business after demerging the larger Industrial Undertaking into SKF India (Industrial) Ltd effective October 1, 2025. Compared against our on-file year-ago figure (₹1,283.15 Cr revenue, ₹118.21 Cr PAT), the headline move looks like a roughly 54% revenue and 48% PAT decline — but that base includes the now-demerged Industrial segment and is not a like-for-like comparison. On the company's own restated continuing-operations comparative for the year-ago quarter (revenue ₹462.50 Cr, PAT ₹46.74 Cr), the underlying business grew revenue +27.1% YoY and PAT +32.5% YoY, with no exceptional items in either period. Sequentially, revenue was roughly flat (-1.1% QoQ vs ₹594.54 Cr), while PAT swung from a ₹19.76 Cr consolidated loss in Q4 FY26 to this quarter's ₹61.92 Cr profit — that loss was itself a one-off, driven by a ~₹61.5 Cr incremental tax charge tied to the company's Bilateral Advance Pricing Agreement (BAPA) with the CBDT plus a ₹7.28 Cr exceptional interest cost, neither of which recurred this quarter. Margins were mixed under the surface: net profit margin improved to ~10.54% from ~10.11% a year ago (like-for-like), but that was entirely an other-income effect — other income rose to 2.10% of revenue from 1.04% a year ago — while core operating margin (profit before tax excluding other income, over revenue) actually slipped to ~12.15% from ~12.62%, pointing to some cost pressure in materials, purchases or other operating expenses even as the topline grew. EPS came in at ₹12.5 (basic, not annualised) versus a like-for-like ₹9.5 a year ago. We have no management guidance or prior concall commentary on record for this company, and a web search turned up no specific brokerage consensus estimates for this quarter's revenue or PAT, so both vs-guidance and vs-street are marked unknown rather than guessed. No press release commentary from management was available to cross-check against the numbers. On the corporate-action side, the board has proposed a ₹40/share dividend ahead of the 65th AGM on August 14, 2026, and the results were signed by Mayank Holani as CFO, following Aashi Arora's resignation as interim CFO in May 2026 — a leadership change that coincides with this being the first full post-demerger quarterly print. Going forward, the comparability problem eases from Q2 FY27 as more restated continuing-operations quarters accumulate, making YoY reads cleaner. The near-term watch is whether the ~47bp core operating-margin compression (ex-other income) persists or reverses, since this quarter's net-margin gain was other-income-driven rather than operating-driven.

SKF India Ltd has announced that its Board of Directors will convene on August 12, 2026. The primary agenda item for this meeting is the consideration and approval of the Unaudited Financial Results for the first quarter ended June 30, 2026, on both standalone and consolidated bases. Concurrently, the company has implemented a trading window closure for its directors, promoters, and designated persons, effective from July 1, 2026, until 48 hours post the financial results announcement. This closure aims to prevent insider trading during the sensitive period leading up to the results declaration.

SKF India Ltd has announced its 65th Annual General Meeting (AGM) will be held on Friday, August 14, 2026, at 1:00 PM IST via Video Conferencing. The company will consider and adopt the Audited Standalone and Consolidated Financial Statements for the Financial Year 2025-26. A final dividend of ₹40 per equity share is proposed. The AGM will also see the appointment of a director and approval of material related party transactions. The Annual Report for FY 2025-26, along with the AGM notice, has been dispatched to shareholders and is available on the company's website. The record date for dividend entitlement is July 3, 2026, and the cut-off date for voting eligibility is August 7, 2026. Remote e-voting will be open from August 11 to August 13, 2026.

SKF India Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026. This report, filed as per SEBI regulations, is enclosed as Annexure-1 and also forms part of the company's Annual Report 2025-26 (Annexure - M). The BRSR details the company's performance and commitments in environmental, social, and governance aspects. The full Annual Report, including the BRSR, is available on the company's investor relations website. The filing also provides general disclosures including company details, stock exchange information, paid-up capital, and contact person for BRSR queries. The report is prepared on a standalone basis and includes an assurance from TÜV SÜD South Asia Pvt Ltd.