SKF India Limited announced its unaudited financial results for the second quarter and half year ended 30th September 2026 (Q2 FY 2026-27) via a press release submitted to the National Stock Exchange of India Limited and BSE Limited in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance (Standalone)

Quarterly Results (Q2 FY27 vs Q2 FY26):

  • Revenue from Operations: ₹5,958 million, representing a 20.1% year-on-year increase from ₹4,959 million
  • EBITDA: ₹865 million, representing a 34.5% year-on-year increase from ₹643 million
  • EBITDA Margin: 14.5%, expanding by 155 basis points from 13.0%
  • Profit Before Tax (PBT): ₹698 million, representing a 77.2% year-on-year increase from ₹394 million
  • PBT Margin: 11.7%, expanding by 377 basis points from 7.9%

Half-Yearly Results (H1 FY27 vs H1 FY26):

  • Revenue from Operations: ₹11,836 million, representing a 23.5% year-on-year increase from ₹9,584 million
  • EBITDA: ₹1,869 million, representing a 30.7% year-on-year increase from ₹1,431 million
  • EBITDA Margin: 15.8%, expanding by 86 basis points from 14.9%
  • Profit Before Tax (PBT): ₹1,536 million, representing a 49.8% year-on-year increase from ₹1,026 million
  • PBT Margin: 13.0%, expanding by 228 basis points from 10.7%

Performance Drivers and Business Context

The growth was driven by broad-based demand across key automotive segments, including two and three-wheelers, passenger vehicles, and exports. The performance was further aided by sustained momentum in the Indian automotive sector, where customers are seeking higher efficiency, reliability, and performance.

The quarterly performance coincides with the official launch of the company's new brand identity, SKF Vertevo, on 3rd November 2026. This marks an important milestone in the company's evolution as a focused, stand-alone automotive business. The SKF Vertevo brand is inspired by the world of racing and is designed to maintain a connection to SKF's heritage while signaling its ambition to help accelerate the future of mobility.

Management Commentary

Shailesh Kumar Sharma, Managing Director, stated: "We delivered strong revenue growth of 20.1% year-on-year in Q2, reflecting healthy demand across key automotive segments and the strength of our customer-focused strategy. The launch of SKF Vertevo marks an important new chapter for our business, building on our strong engineering heritage while sharpening our focus on the future of mobility. As a focused automotive business, we will continue to strengthen customer partnerships, accelerate innovation and drive sustainable growth."

Mayank Holani, Chief Financial Officer, stated: "We continue to maintain a disciplined approach to financial performance. Our priorities remain clear: improving operational efficiency, managing costs effectively and maintaining a strong financial foundation to support profitable growth."

Additional Information

The press release was digitally signed by Mayuri Ishan Kulkarni, Company Secretary & Compliance Officer of SKF India Limited. A copy of the press release is available on the company's website at https://www.skf.com/in/investors/skf-india-ltd/shareholder-information.