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  3. SKF India Reports FY26 Results, Publishes Newspaper Ad Under Regulation 47
ipo services in India
India IPO
  • 16 May 2026
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 SKF India Reports FY26 Results, Publishes Newspaper Ad Under Regulation 47

SKF India announced its FY26 audited financial results with standalone Revenue from Operations of INR 21,295.9 million and net profit of INR 2,660.1 million. The Board recommended a final dividend of INR 40 per equity share (400%), subject to shareholder approval at the 65th AGM on August 14, 2026. The company also published its financial results in newspapers on May 15, 2026 under Regulation 47 of SEBI LODR, and appointed Mr. Mayank Holani as the new CFO effective May 14, 2026.

SKF India Reports FY26 Results, Publishes Newspaper Ad Under Regulation 47

SKF India has announced its audited financial results for the financial year ended March 31, 2026, alongside the recommendation of a final dividend. The Board of Directors, at its meeting held on May 13, 2026 (commencing at 16:00 hrs IST and concluding at 20:45 hrs IST), approved the Standalone and Consolidated Financial Results. The Statutory Auditors, M/s. Deloitte Haskins & Sells LLP, Chartered Accountants, issued unmodified opinions on both the Unaudited Financial Results for the fourth quarter and the Annual Audited Financial Results for the financial year ended March 31, 2026. In compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, SKF India published its financial results in Financial Express (all India Edition), Economic Times (Mumbai, Pune, Delhi & Bangalore Edition) in English, and Maharashtra Times (Pune Edition) in Marathi, with the advertisement dated May 15, 2026.

Financial Performance

For the financial year ended March 31, 2026, SKF India reported standalone Revenue from Operations of INR 21,295.9 million, reflecting a year-on-year growth of 15.4% and a quarter-on-quarter growth of 20.7%. The total standalone Net Profit for the period (after tax, for continuing and discontinued operations combined) stood at INR 2,660.1 million. On a consolidated basis, Revenue from Operations for the full year was INR 37,433.9 million. The following tables summarise the key standalone and consolidated financial metrics for the quarter and year ended March 31, 2026.

Consolidated Financial Results (INR in million)

Particulars: Q4 FY26 (Unaudited) Q3 FY26 (Unaudited) Q4 FY25 (Unaudited) FY26 (Audited) FY25 (Audited) Revenue from Operations: 5,945.4 5,766.4 12,133.7 37,433.9 49,199.2 Net Profit/(Loss) Before Tax (After Exceptional Items): 465.7 863.5 2,756.5 4,333.8 7,632.0 Net Profit/(Loss) After Tax (After Exceptional Items): (197.6) 620.0 2,032.8 2,659.4 5,659.1 Total Comprehensive Income: (227.8) 611.5 1,931.7 2,446.1 5,579.0 Equity Share Capital: 494.4 494.4 494.4 494.4 494.4 Basic EPS (₹): (4.0) 12.5 41.1 53.8 114.5 Diluted EPS (₹): (4.0) 12.5 41.1 53.8 114.5

Standalone Financial Results (INR in million)

Particulars: Q4 FY26 (Unaudited) Q3 FY26 (Unaudited) Q4 FY25 (Unaudited) FY26 (Audited) FY25 (Audited) Revenue from Operations: 5,945.4 5,766.4 4,926.5 21,295.9 18,453.4 Net Profit/(Loss) Before Exceptional Items & Tax (Continuing Operations): 533.5 964.5 1,107.4 2,621.0 3,551.5 Net Profit/(Loss) Before Exceptional Items & Tax (Discontinued Operations): 0.0 0.0 1,645.1 2,144.6 4,079.6 Net Profit/(Loss) After Tax (Continuing Operations): 461.0 619.9 813.8 1,172.2 2,633.2 Net Profit/(Loss) After Tax (Discontinued Operations): (202.3) 0.0 1,214.2 1,487.9 3,024.9 Net Profit/(Loss) After Tax (Total): (202.3) 619.9 2,028.0 2,660.1 5,658.1 Total Comprehensive Income: (232.5) 611.4 1,926.9 2,446.8 5,578.0

Standalone Key Metrics Summary

Parameter: Standalone FY26 (INR Million) Revenue from Operations: 21,295.9 Total Income: 22,066.4 Profit for the period (total): 2,660.1 Total Equity: 13,294.7

Dividend Declaration

The Board of Directors has recommended a final dividend of INR 40 per equity share (400% on equity shares of INR 10 each) for the financial year ended March 31, 2026, subject to approval of shareholders at the ensuing Annual General Meeting. When approved by the members, this will result in a cash outflow of INR 1,977.14 million. The dividend shall be paid or dispatched within 30 days from the date of the AGM, if declared and approved by the members.

Annual General Meeting & Key Dates

The 65th Annual General Meeting of the Company for FY 2025-26 will be held via Video Conferencing/Other Audio-Visual Means on Friday, August 14, 2026 at 1:00 p.m. IST. Mr. Jayavant B Bhave from M/s. J B Bhave & Co., Practicing Company Secretaries, Pune, has been appointed as the scrutinizer for the e-voting process. The key dates associated with the AGM and dividend are outlined below:

Event: Date Record Date (AGM & Dividend): Friday, July 3, 2026 E-Voting Cut-off Date: Friday, August 7, 2026 Remote E-Voting Period Commencement: Tuesday, August 11, 2026 at 9:00 a.m. IST Remote E-Voting Period End: Thursday, August 13, 2026 at 5:00 p.m. IST 65th Annual General Meeting: Friday, August 14, 2026 at 1:00 p.m. IST

National Securities Depository Limited (NSDL) has been appointed to provide e-voting, including remote e-voting, for the AGM.

Appointment of Cost Auditors

On the recommendation of the Audit Committee, the Board approved the appointment of M/s Joshi Apte and Associates (Firm Registration No. 000240), Cost Accountants, as Cost Auditors of the Company for the Financial Year 2025-26.

Key Management Appointments

In a significant leadership change, the Board approved the appointment of Mr. Mayank Holani as Chief Financial Officer (CFO) effective May 14, 2026. Mr. Holani succeeds Ms. Aashi Arora, who resigned as Interim CFO effective May 14, 2026, due to the conclusion of her interim assignment and a change in role. Mr. Holani brings over 23 years of experience, including six years as a CFO, having previously served at Indian Synthetic Rubber Private Limited and Schneider Electric Infrastructure Limited. Additionally, Mr. Prahlada GirishKumar was appointed as Head - Strategy and Special Projects and as a member of the Senior Management Team effective May 14, 2026.

Appointment: Details New CFO: Mr. Mayank Holani (effective May 14, 2026) Outgoing Interim CFO: Ms. Aashi Arora (resigned effective May 14, 2026) New Senior Management Member: Mr. Prahlada GirishKumar, Head - Strategy and Special Projects (effective May 14, 2026)

Source: None/Company/INE640A01023/0c290655-64c2-4d31-9c28-ca4464e0f393.pdf

SKF India has announced an earnings call for Q4 FY 2025-26, scheduled for Thursday, May 21, 2026, at 11:00 a.m. (IST). The call will be hosted by the company's senior leadership and is expected to run for 60 minutes. The intimation was filed pursuant to Clause 15(a)(i) of Schedule III, Part A, Para A read with Regulation 30(2) & 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026.

Earnings Call Details

The Q4 FY 2025-26 earnings call will be led by two key executives from SKF India. Participants are requested to dial in at least 5–10 minutes before the scheduled start time to ensure timely connectivity. The recorded session will be made available on the company's website after the call, and the link will also be submitted to the stock exchanges where the company is listed.

Parameter: Details Event: Q4 FY 2025-26 Earnings Call Date: Thursday, May 21, 2026 Time: 11:00 a.m. (IST) Duration: 60 minutes Hosted by: Mr. Shailesh Kumar Sharma, Managing Director; Mr. Mayank Holani, Chief Financial Officer Primary Dial-in: +91 22 6280 1218 Secondary Dial-in: +91 22 7115 8119

International Dial-in Numbers

International participants can join the call via toll-free numbers available across multiple countries. The details are as follows:

Country: Toll-Free Number Argentina 0080014243444 Australia 0080014243444 Belgium 0080014243444 Canada 01180014243444 China 4008428405 France 0800914745 Germany 0080014243444 Hong Kong 800964448 Italy 0080014243444 Japan 00531161110 Netherlands 08000229808 Poland 008001124248 Singapore 8001012045 South Korea 00180014243444 Sweden 0080014243444 Thailand 00180014243444 UK 08081011573 USA 18667462133

Compliance and Disclosure

The company has clarified that its officials will not be sharing any Unpublished Price Sensitive Information (UPSI) during the earnings call. In compliance with Regulation 46(2) of SEBI LODR, a copy of the intimation will be hosted on the company's official website. The company has also noted that changes to the schedule may occur due to unforeseen circumstances on the part of the organizers, participants, or the company.

Participation Details

Investors and analysts wishing to attend the call are requested to confirm their attendance in advance by emailing the company. Financial institutions are also requested to forward a copy of their reports to the company's designated email address for records and reference.

Key contact details for the earnings call are as follows:

Attendance confirmation and queries: cilvina.pereira@skf.com , investorIndia@skf.com

Company Secretary & Compliance Officer: Mayuri Kulkarni

Registered Office: Chinchwad, Pune 411033, Maharashtra, India

Investor Relations Website: https://www.skf.com/in/investors/skf-india-ltd

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