SKF India Limited — Investor Meet, 23-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

SKF India delivered 1% sales growth in Q4 and a strong 8% rise for FY with INR 4,831 Cr revenue. Industrial and automotive segments grew 10% and 6%, while exports fell 13% due to global headwinds. Profit before tax margin surged to 23.3%, aided by transfer pricing and cost savings. Capex will double to ~INR260-270 Cr over 2-3 years, supporting new capacity and localization rising to 70%. Management is progressing with the demerger to enhance focus and agility. Outlook is positive with steady demand across automotive and industrial sectors; margin guidance for FY26 is 16%-19% PBT.