SKFINDUSSKF India (Industrial) Ltd.
SKF India (Industrial) Q2 FY27 Results: Standalone Net Profit ₹103 Crore on Total Income of ₹1,088 Crore
- Earnings
- bearings and industrial components
Reviewed byKeshav SehgalBlacklitt Research
SKF India (Industrial) (NSE: SKFINDUS) reported standalone total income of ₹1,087.94 crore and net profit of ₹103.48 crore for the quarter ended 30 Sep 2026, it said in a filing on 04 Nov 2026.
Key highlights
Standalone
The company on its own, without its subsidiaries
- Total income: ₹1,087.94 crore, up 31.0% YoY and 11.0% QoQ
- Net profit and EPS: ₹103.48 crore, up 34.5% YoY; basic EPS ₹20.80, not annualised
- Other income: ₹45.08 crore, up 160.0% YoY, against ₹17.34 crore a year earlier
- Dividend paid: ₹148.35 crore in the six months to 30 Sep 2026
Summary
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 1,087.94 | 830.40 | +31.0% | 980.32 | +11.0% | |
| Revenue from operations | 1,042.86 | 813.06 | +28.3% | 970.77 | +7.4% |
| Other income | 45.08 | 17.34 | +160.0% | 9.55 | +372.0% |
| 103.48 | 76.93 | +34.5% | 61.92 | +67.1% | |
| Profit before tax | 134.37 | 101.36 | +32.6% | 86.92 | +54.6% |
| Finance costs | 0.62 | 0.07 | +785.7% | 0.56 | +10.7% |
| Depreciation | 10.60 | 7.91 | +34.0% | 10.28 | +3.1% |
| Tax expense | 30.89 | 24.43 | +26.4% | 25.00 | +23.6% |
| Net profit margin | 9.51% | 9.26% | +0.25 pp | 6.32% | +3.20 pp |
| EPS, basic (₹) | 20.80 | 15.60 | +33.3% | 12.50 | +66.4% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Net profit grew faster than total income. Net profit rose 34.5% to ₹103.48 crore, while total income rose 31.0%, and profit before tax rose 32.6% to ₹134.37 crore. The gap sits in other income, which rose 160.0% to ₹45.08 crore and made up 4.1% of total income.
Revenue from operations rose 28.3% YoY to ₹1,042.86 crore, slower than other income. Finance costs remain small: ₹0.62 crore, or 0.1% of total income, against ₹0.07 crore a year earlier. Tax expense of ₹30.89 crore is 23.0% of profit before tax.
The year-ago quarter carried an exceptional item of ₹160.2 million, which the notes describe as demerger expenses for IT cost and professional services, so the year-ago profit before tax is stated after that charge. The year-ago comparatives are restated figures from the demerged industrial undertaking, which the auditors have not reviewed or audited.
Against the June 2026 quarter, total income rose 11.0% and net profit rose 67.1% to ₹103.48 crore.
Inference
Total equity stood at ₹1,493.87 crore on the same date.
The company was formed as the resulting company of a demerger from SKF India Limited, with 49,437,963 equity shares of ₹10 each allotted on a 1:1 ratio and listed on BSE and NSE on 5 Dec 2025. The filing does not say what the effect of further Labour Code rules on results will be, or what dividend was declared per share.
Filed with BSE on . Reference: Original filing (PDF)
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