SKF India Reports FY26 Results, Publishes Newspaper Ad Under Regulation 47

5 min read     Updated on 16 May 2026, 09:12 AM
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SKF India announced its FY26 audited financial results with standalone Revenue from Operations of INR 21,295.9 million and net profit of INR 2,660.1 million. The Board recommended a final dividend of INR 40 per equity share (400%), subject to shareholder approval at the 65th AGM on August 14, 2026. The company also published its financial results in newspapers on May 15, 2026 under Regulation 47 of SEBI LODR, and appointed Mr. Mayank Holani as the new CFO effective May 14, 2026.

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SKF India has announced its audited financial results for the financial year ended March 31, 2026, alongside the recommendation of a final dividend. The Board of Directors, at its meeting held on May 13, 2026 (commencing at 16:00 hrs IST and concluding at 20:45 hrs IST), approved the Standalone and Consolidated Financial Results. The Statutory Auditors, M/s. Deloitte Haskins & Sells LLP, Chartered Accountants, issued unmodified opinions on both the Unaudited Financial Results for the fourth quarter and the Annual Audited Financial Results for the financial year ended March 31, 2026. In compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, SKF India published its financial results in Financial Express (all India Edition), Economic Times (Mumbai, Pune, Delhi & Bangalore Edition) in English, and Maharashtra Times (Pune Edition) in Marathi, with the advertisement dated May 15, 2026.

Financial Performance

For the financial year ended March 31, 2026, SKF India reported standalone Revenue from Operations of INR 21,295.9 million, reflecting a year-on-year growth of 15.4% and a quarter-on-quarter growth of 20.7%. The total standalone Net Profit for the period (after tax, for continuing and discontinued operations combined) stood at INR 2,660.1 million. On a consolidated basis, Revenue from Operations for the full year was INR 37,433.9 million. The following tables summarise the key standalone and consolidated financial metrics for the quarter and year ended March 31, 2026.

Consolidated Financial Results (INR in million)

Particulars: Q4 FY26 (Unaudited) Q3 FY26 (Unaudited) Q4 FY25 (Unaudited) FY26 (Audited) FY25 (Audited)
Revenue from Operations: 5,945.4 5,766.4 12,133.7 37,433.9 49,199.2
Net Profit/(Loss) Before Tax (After Exceptional Items): 465.7 863.5 2,756.5 4,333.8 7,632.0
Net Profit/(Loss) After Tax (After Exceptional Items): (197.6) 620.0 2,032.8 2,659.4 5,659.1
Total Comprehensive Income: (227.8) 611.5 1,931.7 2,446.1 5,579.0
Equity Share Capital: 494.4 494.4 494.4 494.4 494.4
Basic EPS (₹): (4.0) 12.5 41.1 53.8 114.5
Diluted EPS (₹): (4.0) 12.5 41.1 53.8 114.5

Standalone Financial Results (INR in million)

Particulars: Q4 FY26 (Unaudited) Q3 FY26 (Unaudited) Q4 FY25 (Unaudited) FY26 (Audited) FY25 (Audited)
Revenue from Operations: 5,945.4 5,766.4 4,926.5 21,295.9 18,453.4
Net Profit/(Loss) Before Exceptional Items & Tax (Continuing Operations): 533.5 964.5 1,107.4 2,621.0 3,551.5
Net Profit/(Loss) Before Exceptional Items & Tax (Discontinued Operations): 0.0 0.0 1,645.1 2,144.6 4,079.6
Net Profit/(Loss) After Tax (Continuing Operations): 461.0 619.9 813.8 1,172.2 2,633.2
Net Profit/(Loss) After Tax (Discontinued Operations): (202.3) 0.0 1,214.2 1,487.9 3,024.9
Net Profit/(Loss) After Tax (Total): (202.3) 619.9 2,028.0 2,660.1 5,658.1
Total Comprehensive Income: (232.5) 611.4 1,926.9 2,446.8 5,578.0

Standalone Key Metrics Summary

Parameter: Standalone FY26 (INR Million)
Revenue from Operations: 21,295.9
Total Income: 22,066.4
Profit for the period (total): 2,660.1
Total Equity: 13,294.7

Dividend Declaration

The Board of Directors has recommended a final dividend of INR 40 per equity share (400% on equity shares of INR 10 each) for the financial year ended March 31, 2026, subject to approval of shareholders at the ensuing Annual General Meeting. When approved by the members, this will result in a cash outflow of INR 1,977.14 million. The dividend shall be paid or dispatched within 30 days from the date of the AGM, if declared and approved by the members.

Annual General Meeting & Key Dates

The 65th Annual General Meeting of the Company for FY 2025-26 will be held via Video Conferencing/Other Audio-Visual Means on Friday, August 14, 2026 at 1:00 p.m. IST. Mr. Jayavant B Bhave from M/s. J B Bhave & Co., Practicing Company Secretaries, Pune, has been appointed as the scrutinizer for the e-voting process. The key dates associated with the AGM and dividend are outlined below:

Event: Date
Record Date (AGM & Dividend): Friday, July 3, 2026
E-Voting Cut-off Date: Friday, August 7, 2026
Remote E-Voting Period Commencement: Tuesday, August 11, 2026 at 9:00 a.m. IST
Remote E-Voting Period End: Thursday, August 13, 2026 at 5:00 p.m. IST
65th Annual General Meeting: Friday, August 14, 2026 at 1:00 p.m. IST

National Securities Depository Limited (NSDL) has been appointed to provide e-voting, including remote e-voting, for the AGM.

Appointment of Cost Auditors

On the recommendation of the Audit Committee, the Board approved the appointment of M/s Joshi Apte and Associates (Firm Registration No. 000240), Cost Accountants, as Cost Auditors of the Company for the Financial Year 2025-26.

Key Management Appointments

In a significant leadership change, the Board approved the appointment of Mr. Mayank Holani as Chief Financial Officer (CFO) effective May 14, 2026. Mr. Holani succeeds Ms. Aashi Arora, who resigned as Interim CFO effective May 14, 2026, due to the conclusion of her interim assignment and a change in role. Mr. Holani brings over 23 years of experience, including six years as a CFO, having previously served at Indian Synthetic Rubber Private Limited and Schneider Electric Infrastructure Limited. Additionally, Mr. Prahlada GirishKumar was appointed as Head - Strategy and Special Projects and as a member of the Senior Management Team effective May 14, 2026.

Appointment: Details
New CFO: Mr. Mayank Holani (effective May 14, 2026)
Outgoing Interim CFO: Ms. Aashi Arora (resigned effective May 14, 2026)
New Senior Management Member: Mr. Prahlada GirishKumar, Head - Strategy and Special Projects (effective May 14, 2026)

Source: None/Company/INE640A01023/0c290655-64c2-4d31-9c28-ca4464e0f393.pdf

Historical Stock Returns for SKF India

1 Day5 Days1 Month6 Months1 Year5 Years
-0.04%-2.25%+5.39%-17.31%-13.46%-27.02%

How will the divestiture of discontinued operations impact SKF India's standalone revenue trajectory and margin profile in FY27, given that discontinued operations contributed significantly to FY26 profits?

What strategic priorities is incoming CFO Mayank Holani likely to pursue, and how might his background at Schneider Electric and Indian Synthetic Rubber influence SKF India's capital allocation decisions?

Given the sharp decline in consolidated revenue from INR 49,199.2 million in FY25 to INR 37,433.9 million in FY26, what organic growth levers does SKF India plan to deploy to offset the revenue gap left by discontinued operations?

SKF India Schedules Q4 FY 2025-26 Earnings Call for May 21, 2026

2 min read     Updated on 15 May 2026, 07:31 AM
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SKF India has announced a Q4 FY 2025-26 earnings call on Thursday, May 21, 2026, at 11:00 a.m. IST, hosted by Managing Director Shailesh Kumar Sharma and CFO Mayank Holani. The 60-minute call will be accessible via primary dial-in +91 22 6280 1218 and secondary dial-in +91 22 7115 8119, along with international toll-free numbers across 18 countries. The company has confirmed that no Unpublished Price Sensitive Information will be shared during the call, in compliance with SEBI LODR regulations.

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SKF India has announced an earnings call for Q4 FY 2025-26, scheduled for Thursday, May 21, 2026, at 11:00 a.m. (IST). The call will be hosted by the company's senior leadership and is expected to run for 60 minutes. The intimation was filed pursuant to Clause 15(a)(i) of Schedule III, Part A, Para A read with Regulation 30(2) & 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026.

Earnings Call Details

The Q4 FY 2025-26 earnings call will be led by two key executives from SKF India. Participants are requested to dial in at least 5–10 minutes before the scheduled start time to ensure timely connectivity. The recorded session will be made available on the company's website after the call, and the link will also be submitted to the stock exchanges where the company is listed.

Parameter: Details
Event: Q4 FY 2025-26 Earnings Call
Date: Thursday, May 21, 2026
Time: 11:00 a.m. (IST)
Duration: 60 minutes
Hosted by: Mr. Shailesh Kumar Sharma, Managing Director; Mr. Mayank Holani, Chief Financial Officer
Primary Dial-in: +91 22 6280 1218
Secondary Dial-in: +91 22 7115 8119

International Dial-in Numbers

International participants can join the call via toll-free numbers available across multiple countries. The details are as follows:

Country: Toll-Free Number
Argentina 0080014243444
Australia 0080014243444
Belgium 0080014243444
Canada 01180014243444
China 4008428405
France 0800914745
Germany 0080014243444
Hong Kong 800964448
Italy 0080014243444
Japan 00531161110
Netherlands 08000229808
Poland 008001124248
Singapore 8001012045
South Korea 00180014243444
Sweden 0080014243444
Thailand 00180014243444
UK 08081011573
USA 18667462133

Compliance and Disclosure

The company has clarified that its officials will not be sharing any Unpublished Price Sensitive Information (UPSI) during the earnings call. In compliance with Regulation 46(2) of SEBI LODR, a copy of the intimation will be hosted on the company's official website. The company has also noted that changes to the schedule may occur due to unforeseen circumstances on the part of the organizers, participants, or the company.

Participation Details

Investors and analysts wishing to attend the call are requested to confirm their attendance in advance by emailing the company. Financial institutions are also requested to forward a copy of their reports to the company's designated email address for records and reference.

Key contact details for the earnings call are as follows:

Historical Stock Returns for SKF India

1 Day5 Days1 Month6 Months1 Year5 Years
-0.04%-2.25%+5.39%-17.31%-13.46%-27.02%

How might SKF India's Q4 FY 2025-26 results reflect the broader trends in India's manufacturing and industrial bearings sector amid evolving global supply chain dynamics?

Will SKF India's management provide guidance on capital expenditure plans or capacity expansion initiatives for FY 2026-27 during the earnings call?

How could potential shifts in the Indian automotive and renewable energy sectors impact SKF India's revenue growth trajectory in the coming fiscal year?

More News on SKF India

1 Year Returns:-13.46%