SKF India (Industrial) share price today

SKF India (Industrial) Ltd's share price was ₹2,438.80 at the close on 4 November 2026. It has been rising for 15 weeks. That is 6.7% below its average price over the last 200 trading days. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 3 weeks running.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today SKF India (Industrial) Ltd is in stage 2. The phase helps read everything below.

Since its first close in our records, on 5 December 2025, it has traded between ₹2,038 and ₹3,063, and at that close it sat 39% of the way up from that low.

Over the last 11 months the share price moved −9% while the NIFTY 500 moved −6%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 16 October 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

One change stood out: foreign funds (FIIs) raised their stake for 3 quarters in a row.

1. Foreign funds (FIIs) raised their stake for 3 quarters in a row

   From 4.7% to 7.4% of the company by the September 2026 quarter.

For April to June 2026 (the quarter ended 30 June 2026), SKF India (Industrial) reported revenue of ₹971 crore, up 18.3% from ₹821 crore a year earlier, and a profit of ₹62.0 crore, down 13.9% from ₹72.0 crore.

SKF India (Industrial) results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

SKF India (Industrial)'s management discussed these results on a call held on 14 August 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

SKF India (Industrial) closed at ₹2,438.80 on 4 November 2026, down 8.7% from ₹2,671.80 a year earlier (5 December 2025). Its highest weekly close since December 2025 was ₹3,002.50 on 4 September 2026.

SKF India (Industrial) share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

52 weekly closes from 5 December 2025 to 4 November 2026.

4 Nov 2026: SKF India (Industrial) closed at ₹2,438.80, up 3.0% on the week and down 10.8% on the month. 17 Aug 2026: ex-date for an interim dividend of ₹20 a share.

Earlier

• 14 Aug 2026: SKF India (Industrial) held its results call for April to June 2026. Management guided: Profit before tax margin path of 14-16% described as conservative; 17-19% aspiration beyond 2028, explicitly uncommitted.
• 3 Jul 2026: ex-date for a dividend of ₹10 a share.
• Results for April to June 2026: Revenue up 18.3% and profit down 13.9% on a year earlier.

SKF India (Industrial) paid ₹30 a share in regular dividends in the 12 months to 5 November 2026 (2 payments), a yield of 1.23% at the ₹2,438.80 close on 4 November 2026. The last was an interim dividend of ₹20 a share, ex-date 17 August 2026.

SKF India (Industrial) dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

Yes. SKF India (Industrial) Ltd paid out 23% of its profit as dividends in FY26, and it paid a dividend in 1 of its last 2 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 14 August 2026, SKF India (Industrial)'s management guided: Profit before tax margin path of 14-16% described as conservative; 17-19% aspiration beyond 2028, explicitly uncommitted.

“If you combine both the FX impact and this one-time cost that we are incurring on account of the demerger, that itself represents almost a 3% adverse impact on our margins. If you add that back, we pretty much come to 12%.”Ashish Saraf, on the call for April to June 2026

What management guided

• Demerger IT costs: significant charge in the current quarter, tapering by year-end and ending after global separation.
• One additional TRB channel by early 2027.
• Pune factory to begin production by end 2028; most new installations tied to completion.
• Wind gearbox supply spread over one year; agriculture contract longer-term; service and condition-monitoring contracts can run longer.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 14 August 2026.

When SKF India (Industrial) reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Profit before tax margin recovery as IT separation costs taper - check manufacturing efficiency, localization and foreign-exchange pass-through.

SKF India (Industrial) is not on any of our India lists this week.

SKF India (Industrial) Ltd earned ₹62.0 Cr of net profit in the Jun 2026 quarter, −13.9% on the same quarter a year earlier. Full-year FY26 profit was ₹218 Cr. Over 1 years profit has grown 80.2% a year on average. That is 6.4% of the quarter's revenue. The same quarter a year earlier earned ₹72.0 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

SKF India (Industrial) Ltd reported ₹971 Cr of revenue in the Jun 2026 quarter, +18.3% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 1 years it has grown 377.1% a year on average. The last full year, FY26, came in at ₹3,440 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹3,591 Cr.

Recent pace: the last four quarters grew +24.8% on average, against 377.1% a year over the longer run, so this year is growing slower than its own long-run rate.

SKF India (Industrial) Ltd's operating margin was 9.0% in the Jun 2026 quarter, 2.0 percentage points lower than the same quarter a year ago.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Across 2 years it has been between 11.0% and 22.0%.

Why the margin moved: operating margin changed −2.3 percentage points on the year while gross margin changed +1.7 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

Over the last 2 years, 43% of SKF India (Industrial) Ltd's reported profit came in as cash from its operations, a gap worth watching. In FY26 it brought in ₹164 Cr of operating cash against ₹218 Cr of profit. After ₹185 Cr of spending on assets, free cash was −₹21.0 Cr: it spent more than its operations brought in.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 43% of profit came in as cash: the cash cycle got 273 days shorter between FY25 and FY26, so cash that used to wait in the business now arrives sooner. When less than 70% of profit comes in as cash, it is the thing to watch on this page.

What to look at next: the bigger use of cash is spending on new assets, at 6.0× depreciation over three years. The next section checks what that spending is building.

SKF India (Industrial) Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 56 days in FY26, down from 329 days in FY25. It spent ₹185 Cr on assets over the last 1 years. Customers take 88 days to pay, and stock sits for 84 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹3,440 Cr, each day of that cycle ties up about ₹9.4 Cr, so roughly ₹528 Cr is tied up in the business at any time.

FY26: customers took 88 days to pay and stock sat for 84 days, about 2.8 months of sales sitting as stock, for a full cycle of 56 days, shorter than FY25's 329.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 84 days. Customers pay about 88 days after that. Suppliers are paid at 116 days. Together that makes the 56-day cycle.

Spending on assets: ₹185 Cr over the last 1 years, against ₹31.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹134 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

SKF India (Industrial) Ltd's P/E is 31.4×, in the middle of its own history: higher than 49% of past readings. Its usual P/E (the middle reading) is 31.6×, over 8 months of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

Why the multiple is where it is: over the past year earnings per share moved −100.0% while the price moved −8.7%. The price did better than earnings, which pushed the multiple up within its own range.

In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple.

SKF India (Industrial) Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: with too little history, we say so rather than guess a direction.

One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result.

The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone.

There are fewer than eight usable quarters, so this page does not guess a direction from so little history.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

SKF India (Industrial) Ltd earned a ROCE of 30% in FY26. Its return on capital used (ROIC) is 27.2 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 6.3% net margin and 1.29× asset turnover (sales divided by assets).

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

Why the return is what it is (FY26): a 6.3% net margin × 1.29× asset turnover × 1.81× leverage (assets divided by equity) ≈ 14.7% on equity. The margin does its share; borrowing is a big part of it.

The key test, return on capital used minus the cost of capital: 39.2% − 12.0% = +27.2 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. A gap this wide means each rupee put back into the business creates more than a rupee of value.

The 39.2% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 41.5%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

SKF India (Industrial) Ltd had ₹5.0 Cr of borrowings against ₹1,476 Cr of equity in FY26, so its debt is 0.00× its equity. Over 1 years borrowings went from ₹2.0 Cr to ₹5.0 Cr. Over the last 1 of those years it spent ₹185 Cr on assets.

Debt-to-equity shows how much of the business is paid for with borrowed money. Interest cover shows how many times operating profit pays the interest bill. Low debt and high cover are the safe combination.

Part of the spending on assets is being paid for with borrowed money.

No group of SKF India (Industrial) Ltd's owners changed its stake by a full percentage point over the last 4 quarters. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

For SKF India (Industrial) Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

42.7 out of 100, rank 8 of 8 in Bearings, with 42% of the evidence available. It is provisional, so it is ranked below companies with full evidence.

SKF India (Industrial) Ltd scores 42.7 out of 100 against the 8 companies it is compared with in Bearings, ranking 8. Some evidence is missing, so the score is pulled toward the middle on purpose.

The three scored parts add up to the total exactly: 13.9 + 16.6 + 12.2 = 42.7 (no relative-strength reading this week; its 20 points are shared across the other three). This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

SKF India (Industrial) ranks 8 of 8 Bearings companies on the 4-Factor Sector Score, with 42.7 out of 100.

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Bearings, all 8 compared on one page.

SKF India (Industrial) is the 3rd largest of 8 Bearings companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Schaeffler India and Timken India. Just below it: SKF India, Rolex Rings, NRB Bearings and Harsha Engineers International.

Bearings companies close in size

1. Schaeffler India Ltd ₹55,863 crore
2. Timken India Ltd ₹21,452 crore
3. SKF India (Industrial) Ltd ₹11,709 crore
4. SKF India Ltd ₹6,895 crore
5. Rolex Rings Ltd ₹5,403 crore
6. NRB Bearings Ltd ₹4,340 crore
7. Harsha Engineers International Ltd ₹4,271 crore

All 8 Bearings companies, largest first

Companies close in size in other industries

536. Vedanta Oil and Gas Ltd ₹11,821 crore
537. Five-Star Business Finance Ltd ₹11,715 crore · Finance & Investments - MSME Lending
538. SKF India (Industrial) Ltd ₹11,709 crore
539. Interise Trust ₹11,659 crore · Construction - Civil/Turnkey
540. Prudent Corporate Advisory Services Ltd ₹11,643 crore · Finance - Capital Markets

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

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