SKF India Limited — Investor Meet, 21-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates

SKF India delivered strong Q1 FY27 results with Revenue at ₹590 Cr (+27% YoY) and sales at ₹550 Cr (+22% YoY). EBITDA improved 540 bps QoQ, with PBT up 527 bps QoQ. Management now expects ~20% revenue growth, raising prior guidance, with normalized margins around 17%.

Key highlights include a new wheel-end business win for a large passenger vehicle manufacturer, commencing Q4 CY2028. The company is investing ₹170-180 Cr this FY (part of ₹500 Cr capex by FY28) for capacity expansion, particularly for 2-wheeler EV traction motors. All three plants boast over 98% renewable energy sourcing, and Bangalore/Haridwar sites are water positive. Management maintains a confident outlook on growth, efficiency, and future EV opportunities.