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SKP Bearing Industries (SKPBIL) reported strong standalone FY26 results: revenue surged 53% YoY to 80.70 Cr, and PAT climbed 15% YoY to 15.01 Cr (EPS 9.04 Rs). Consolidated revenue hit 102.71 Cr (up 46% YoY), but PAT dipped to 0.88 Cr, primarily due to initial costs at its new French operations. A dividend of 1.11 Rs was declared.
Growth is driven by new high-margin products and import substitution. Operational efficiency is boosted by automation and solar energy use, alongside active customer expansion, targeting global OEMs and shifts from Chinese suppliers. Recent highlights include commercial production at India's new Plant 3 (Balls) and securing a key French client with ~100 Cr revenue potential by FY30.
Management expects optimal plant utilization by FY27, further roller capacity expansion, and strong export growth. An India standalone revenue target of 100 Cr by FY29 signals future confidence as French operations stabilize.