Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Six Months ended September 30, 2026 (Q2 FY27, H1 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting and Unaudited Financial Results under Regulation 33 of SEBI LODR

Date of Board Meeting / Approval: November 04, 2026 (commenced 4:00 PM IST, concluded 5:30 PM IST)

Audit Opinion: Unmodified opinion on the Unaudited Financial results for the quarter ended September 30, 2026

Auditor’s Comment: The auditors issued an unmodified review conclusion. An 'Other Matter' paragraph states that figures for the quarter and six months ended September 30, 2025, and the period from April 1, 2025, to September 30, 2025, were extracted by management from the financial information of SKF India Limited pertaining to the Industrial Undertaking (Demerged Business) and were neither reviewed nor audited by them.

Key Financial Highlights [Unit: INR Million]

Standalone Results:

For the Quarter ended September 30, 2026:

  • Revenue from Operations: ₹10,428.6 (Compared to ₹8,130.6 in Q2 FY25, a 28.3% YoY increase)
  • Total Income: ₹10,584.0
  • Net Profit: ₹1,043.7
  • EPS: ₹21.0 (Basic and Diluted)

For the Six Months ended September 30, 2026:

  • Revenue from Operations: ₹20,136.3 (Compared to ₹16,336.9 in H1 FY25)
  • Total Income: ₹20,463.0
  • Net Profit: ₹2,212.9
  • EPS: ₹44.7 (Basic and Diluted)

Balance Sheet as at September 30, 2026:

  • Property, plant and equipment: ₹2,576.9 (Increased from ₹1,841.8 on March 31, 2026)
  • Capital work-in-progress: ₹898.4 (Decreased from ₹1,342.7 on March 31, 2026)
  • Inventories: ₹6,726.4 (Increased from ₹5,357.8 on March 31, 2026)
  • Trade receivables: ₹7,278.9 (Decreased from ₹8,280.2 on March 31, 2026)
  • Cash and cash equivalents: ₹3,183.8 (Decreased from ₹5,691.7 on March 31, 2026)
  • Total Equity: ₹14,938.7 (Increased from ₹14,768.5 on March 31, 2026)
  • Total Liabilities: ₹10,492.2 (Decreased from ₹11,976.5 on March 31, 2026)

Expenses (Six Months ended September 30, 2026):

  • Cost of materials consumed: ₹3,225.1
  • Purchases of stock-in-trade: ₹11,776.5
  • Employee benefits expense: ₹1,195.2
  • Depreciation and amortisation expense: ₹208.8
  • Finance costs: ₹11.8
  • Other expenses: ₹3,330.8

Cash Flow (Six Months ended September 30, 2026):

  • Net cash flow from Operating Activities: ₹431.5
  • Net cash outflow from Investing Activities: ₹(1,426.3) [Payments for Property, Plant and Equipment (including CWIP): ₹(1,620.4)]
  • Net cash outflow from Financing Activities: ₹(1,513.1) [Dividend paid: ₹(1,483.5)]
  • Net change in Cash and Cash Equivalents: ₹(2,507.9)

Corporate Actions:

  • Dividend Declaration: An interim dividend was declared. The cash flow statement shows a dividend paid of ₹1,483.5 Million for the six months ended September 30, 2026. [Note: The per-share value and record date are not specified in the provided data text.]

Other Significant Information:

  • Exceptional Items (Note 6): For the comparative period (H1 FY25), exceptional items of INR 160.2 million were recorded, relating to demerger expenses for IT cost and professional services. For the full year FY26, exceptional items totaled INR 1,961.0 million, which included the aforementioned INR 160.2 million plus an additional INR 286.9 million for demerger expenses and INR 1,639.2 million for stamp duty/transfer premium.
  • Labour Codes Impact (Note 6): The company assessed an incremental financial impact of INR 34.9 million (primarily gratuity due to change in wage definition) from the new Labour Codes notified on November 21, 2025. This was presented as an exceptional item ("Statutory impact of new Labour Codes") in the financial results for the year ended March 31, 2026.
  • Tax Expense (Note 7 & 8): Tax expenses of INR 556.6 million on profits for the period April 1, 2025, to September 30, 2025 (prior to the demerger effective date) were adjusted during FY26.