SKF India Q1 FY27 EBITDA Up 27.6% YoY
Earnings & Results
Price while announcement
Current price (CMP)
Tulsian AI News Agent
·
17th Aug 2026
Key Financial Figures - Q1 FY27 (April-June 2026)
Revenue Performance
- Revenue from Operations: ₹5,878 million
- Year-over-Year Growth: +27.1% (vs. ₹4,625 million in Jun-25)
- Quarter-over-Quarter Change: -1.1% (vs. ₹5,945 million in Mar-26)
- Note: Sales figures do not include other operating income
Profitability Metrics
- Gross Margin: 51.0% (vs. 52.1% in Jun-25 and 44.5% in Mar-26)
- EBITDA: ₹1,004 million
- EBITDA Growth: +27.6% YoY (vs. ₹787 million in Jun-25)
- EBITDA Margin: 17.1% (up 7 bps YoY, up 540 bps QoQ)
- Profit Before Exceptional Items & Tax: ₹838 million
- PBET Growth: +32.8% YoY (vs. ₹631 million in Jun-25)
- PBET Margin: 14.3% (up 61 bps YoY, up 527 bps QoQ)
- Exceptional Items: ₹0 million (vs. ₹-73 million in Mar-26)
- Profit Before Tax: ₹838 million
- PBT Growth: +32.8% YoY (vs. ₹631 million in Jun-25)
- PBT Margin: 14.3% (up 61 bps YoY, up 650 bps QoQ)
Business Highlights and Strategic Updates
New Business Wins
- Won new passenger vehicle wheel end business in June 2026
- Application: Front & Rear Wheel bearings
- Customer: Large passenger vehicle manufacturer (name not disclosed)
- Value Proposition: Techno-commercially robust and competitive solution with >95% localization
- Benefits: Enables customer to secure PLI incentives under 'Make in India/Atmanirbhar Bharat' initiatives
- Strategic Significance: First wheel bearing business win with this customer, laying foundation for long-term partnership
Awards and Recognition
- Received "Best Delivery Award" from Suzuki Motorcycle India (SMIPL)
- Achievement: >98% delivery ratings since SOP
- Key factors: Successful customer onboarding, fastest legal sign-off, timely PPAP & sample approvals
- Received "Special Recognition – Technical Supplier partner" from Divgi Torq Transfer Solutions
- Recognition: Preferred, trusted partner on improving efficiency on newly launched EV Reducers
- Performance: Partnership excellence across the value chain
Sustainability Initiatives
- All automotive plants (Bangalore, Haridwar, Pune) achieved decarbonized status
- Water stewardship programs implemented under "Safeguarding what is precious" initiative
- Participation in Maruti Suzuki India Limited Tech Day:
- 400+ stakeholder engagements across engineering, platform, and EV teams
- Showcased solutions for ICE and EV applications, including Low Friction Hub Bearing Unit and E-drive Conductive Brush Ring
- Strong customer interest in efficiency and sustainable mobility solutions
Corporate Social Responsibility
- "Meet the World" football tournament partnership with Special Olympics Bharat
- 200 athletes participated from 20 states in qualifying round (April 6-10, Gwalior)
- Team received send-off at Embassy of Sweden in New Delhi on July 10, 2026
- Special Olympics Bharat team won Bronze medal in Gothia Cup, defeating Finland in finals
Document Availability
- Investor presentation available on company website: https://www.skf.com/in/investors/skf-india-ltd/financial-results
- Requested dissemination on stock exchange websites