SKF India (Industrial) Limited has formally notified stock exchanges about the change in its Corporate Identification Number (CIN) and company status following its successful listing on major Indian bourses. The company communicated these updates to both BSE Limited and National Stock Exchange of India Limited on February 09, 2026.

CIN Update and Status Change

The company's CIN has been officially changed from U28140PN2024PLC236396 to L28140PN2024PLC236396 by the Registrar of Companies, Pune. This modification reflects the company's transition from unlisted to listed status on the Ministry of Corporate Affairs master data.

NCLT-Sanctioned Scheme Implementation

The changes stem from the implementation of a scheme of arrangement between skf india Limited (the demerged company) and SKF India (Industrial) Limited (the resulting company). The Hon'ble National Company Law Tribunal sanctioned this scheme through an order dated September 26, 2025.

Following NCLT compliance requirements, the company's equity shares were listed on the main boards of both BSE and NSE with effect from December 05, 2025. The company trades under NSE scrip code SKFINDUS and BSE scrip code 544572.

Corporate Structure and Capital Details

According to the Ministry of Corporate Affairs records, SKF India (Industrial) Limited maintains a robust capital structure with significant authorized and paid-up capital.

Company Registration and Compliance

The company operates as a public, non-government company limited by shares under the jurisdiction of ROC Pune and RD Western Region. Its registered office is located at Chinchwad Gaon, Chinchwad, Pune 411033, Maharashtra, India.

Key corporate details include:

• Registration Number: 236396
• Company Category: Public company limited by shares
• Current Status: Active
• Balance Sheet Date: 31/03/2025
• Email: industrialindia@skf.com

The company has requested both stock exchanges to update their records and corporate information sections to reflect these changes. This administrative update ensures compliance with regulatory requirements and maintains accurate corporate records across all platforms.

SKF India Limited announced its unaudited financial results for the third quarter and nine months ended December 31, 2025, marking a significant period following the completion of its industrial operations demerger. The Board of Directors approved the results at their meeting held on February 05, 2026.

Financial Performance Overview

The company's financial performance for Q3 FY26 reflects strong operational resilience post-demerger. During the quarter, the company reported standalone revenue from operations of ₹5,766.4 million with profit before exceptional items and tax at ₹964.4 million, demonstrating robust market demand despite challenging macro conditions.

For the nine months ended December 31, 2025, the company reported standalone revenue from operations of ₹15,350.5 million compared to ₹13,525.8 million in the corresponding period of the previous year, representing a growth of 13.50%.

Management Commentary and Strategic Focus

Speaking on the development, Shailesh Kumar Sharma, Managing Director of SKF India Limited, said, "Our performance this quarter, the first since the demerger, demonstrates steady demand across mobility segments and the strength of our operational fundamentals. We remain focused on supporting India's evolving automotive ecosystem, particularly in EV, two-wheelers, and safety-critical applications, through continued technology-led innovation and capacity expansion."

SKF Automotive remains focused on powering India's mobility transformation, with planned investments of ₹4,100–5,100 million by 2030 to expand manufacturing capacities across EV, two-wheeler, and wheel-end bearing segments at its facilities in Haridwar, Pune, and Bangalore.

EBITDA Performance Analysis

The company's EBITDA performance showed mixed results during Q3 FY26. While absolute EBITDA declined significantly to ₹824 million from ₹1.21 billion in the corresponding quarter of the previous year, the EBITDA margin improved substantially to 14.29% compared to 9.65% in Q3 FY25. This margin improvement indicates enhanced operational efficiency despite the overall decline in absolute profitability metrics.

Demerger Implementation

The company successfully completed the demerger of its Industrial Undertaking during the quarter. The National Company Law Tribunal (NCLT) Mumbai Bench approved the Scheme of Arrangement on September 26, 2025, with the effective date set as October 01, 2025.

Following the demerger, SKF India (Industrial) Limited ceased to be a subsidiary of the company. The resulting company's equity shares were listed on both BSE and NSE on December 05, 2025.

Exceptional Items and Regulatory Impact

The company reported exceptional items totaling ₹101.0 million for Q3 FY26, comprising two main components. The Government of India notified four Labour Codes on November 21, 2025, consolidating 29 existing labour laws. The company assessed the incremental impact of these changes, resulting in an exceptional charge of ₹24 million primarily related to gratuity due to changes in wage definition.

Additionally, the company incurred demerger-related expenses of ₹77 million during the quarter, including IT costs, professional services, and estimated transfer premium payable to statutory authorities for land transfer under the demerger scheme.

Discontinued Operations Impact

The financial results present the Industrial Undertaking as discontinued operations in accordance with Ind AS 105 requirements. For the nine months ended December 31, 2025, discontinued operations contributed ₹1,487.9 million to net profit, compared to ₹1,812.0 million in the corresponding period of the previous year.

The Board of Directors, based on the Audit Committee's recommendation, appointed M/s Samdani & Co. as Tax and GST Auditors for Financial Year 2025-26. The company continues to monitor developments related to the finalization of Central and State Rules under the new Labour Codes.