SKF India held its 65th Annual General Meeting on August 14, 2026, at 1:00 pm via Video Conferencing/Other Audio-Visual Means (OAVM). The company has subsequently published the video recording and the transcript of the meeting proceedings on its corporate website for shareholder reference.

The session was convened to address standard annual business matters, including the approval of financial statements and other statutory resolutions required under the Companies Act. Shareholders participated remotely in compliance with regulatory guidelines permitting virtual general meetings.

Meeting Details

The AGM took place on Friday, August 14, 2026. The proceedings were recorded and are accessible through the dedicated investor information portal.

Financial Performance and Dividend

During the meeting, management highlighted the company's performance for the financial year ended March 31, 2026 (FY26). Standalone revenue grew by approximately 15.4%, reaching ₹2,129 crore. Profit before tax stood at approximately ₹235 crore, representing a decline of around 34% compared with the previous year, primarily driven by one-off factors rather than operational deterioration. Profit after tax was reported at ₹117 crore, with an EBITDA margin of 15%.

The Board of Directors recommended a final dividend of ₹40 per equity share of face value ₹10 each, which equates to a 400% payout. This resolution was approved by shareholders during the AGM. Other key financial metrics disclosed included a book value per share of ₹269 and earnings per share of ₹23.7.

Strategic Focus Post De-merger

Gopal Subramanyam, Chairperson, noted that the AGM marked the first annual general meeting following the de-merger of the company's industrial business, effective October 1, 2025. SKF India is now a focused automotive company. Shailesh Sharma, Managing Director, outlined plans for capacity expansion across facilities in Pune, Haridwar, and Bangalore. The company plans a capital expenditure of around ₹500 crore up to 2028, with approximately ₹170–200 crore allocated for 2026 alone.

Management also announced a new brand identity, "SKF Vertevo," reflecting its focus on transformation and mobility. The company emphasized its commitment to electrification, highlighting the development of high-speed deep-groove ball bearings capable of operating at 20,000 RPM for EV and hybrid platforms.

Accessing the Recording and Transcript

Shareholders and stakeholders can view the complete recording and read the transcript of the AGM by visiting the investor relations section of the SKF India website. Mayuri Kulkarni, Company Secretary and Compliance Officer, signed the communication confirming the availability of these documents. The registered office of SKF India Limited remains in Chinchwad, Pune.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE640A01023/68a3bba2-5b02-4e5c-85aa-4e11db98515e.pdf

SKF India has published the audio recording of its first quarter fiscal year 2027 (Q1FY27) earnings call. The conference was held on Monday, August 17, 2026, at 1:00 p.m. IST. The company notified both the National Stock Exchange of India Limited and BSE Limited regarding the availability of the recording on August 18, 2026.

The disclosure was made by Mayuri Kulkarni, Company Secretary & Compliance Officer, pursuant to Clause 15(b)(i) of Schedule III, Part A, Para A, read with Regulation 30(2) and 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR). The filing also references SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026, dated January 30, 2026.

Regulatory Compliance

The submission aligns with the regulatory framework governing investor interactions. By releasing the audio recording, SKF India ensures that all market participants have equal access to the information shared during the live interaction. This step follows the initial intimation dated August 11, 2026, and the subsequent submission of the presentation on August 17, 2026.

Accessing the Recording

In accordance with Regulation 46(2)(oa) of SEBI LODR, the audio recording is hosted on the company’s website. Investors can access the file through the Shareholders Information section under the specific date entry for August 17, 2026. The recording covers the management discussion and analysis for Q1FY27, providing insights into the bearing manufacturer’s financial performance and operational updates for the period.