| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 6/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
500472 Overview
SKF India Limited manufactures and supplies products, solutions, and services in the area of rolling bearings, seals, mechatronics, and lubrication systems primarily in India.
SKF India Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹3,179.45 |
| 52 Week High | ₹1,463.20 |
| 52 Week Low | ₹3,440.00 |
| Beta | 0.56 |
| 1 Month Change | 6.00% |
| 3 Month Change | 11.53% |
| 1 Year Change | 111.84% |
| 3 Year Change | 79.08% |
| 5 Year Change | 125.07% |
| Change since IPO | 981.45% |
Recent News & Updates
Shareholder Returns
| 500472 | IN Machinery | IN Market | |
|---|---|---|---|
| 7D | -0.1% | -5.3% | -4.6% |
| 1Y | 111.8% | 80.6% | 61.7% |
Return vs Industry: 500472 exceeded the Indian Machinery industry which returned 80.2% over the past year.
Return vs Market: 500472 exceeded the Indian Market which returned 61% over the past year.
Price Volatility
| 500472 volatility | |
|---|---|
| 500472 Beta | 0.56 |
| Industry Beta | 0.78 |
| Market Beta | 1 |
Stable Share Price: 500472 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 500472's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1923 | 1,762 | Manish Bhatnagar | https://www.skf.com/in |
SKF India Limited manufactures and supplies products, solutions, and services in the area of rolling bearings, seals, mechatronics, and lubrication systems primarily in India. It offers rolling bearings, bearings accessories, engineered products, and track rollers; and mounted bearings and housings, super-precision bearings, slewing bearings, plain bearings, and magnetic bearings and systems. The company also provides industrial seals, such as power transmission, hydraulic, fluid handling, and machined seals, as well as engineering services; automotive seals; and lubrication management products, such as lubricants, lubricators, and manual lubrication tools.
SKF India Fundamentals Summary
| 500472 fundamental statistics | |
|---|---|
| Market Cap | ₹153.53b |
| Earnings (TTM) | ₹3.77b |
| Revenue (TTM) | ₹30.63b |
41.7x
P/E Ratio5.1x
P/S RatioIs 500472 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 500472 income statement (TTM) | |
|---|---|
| Revenue | ₹30.63b |
| Cost of Revenue | ₹18.02b |
| Gross Profit | ₹12.61b |
| Expenses | ₹8.84b |
| Earnings | ₹3.77b |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 76.26 |
| Gross Margin | 41.18% |
| Net Profit Margin | 12.31% |
| Debt/Equity Ratio | 1.1% |
How did 500472 perform over the long term?
See historical performance and comparisonDividends
0.5%
Current Dividend Yield21%
Payout RatioValuation
Is SKF India undervalued compared to its fair value and its price relative to the market?
41.69x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 500472 (₹3105.6) is trading above our estimate of fair value (₹938.17)
Significantly Below Fair Value: 500472 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 500472 is poor value based on its PE Ratio (40.7x) compared to the Indian Machinery industry average (23.9x).
PE vs Market: 500472 is poor value based on its PE Ratio (40.7x) compared to the Indian market (21.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 500472's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 500472 is overvalued based on its PB Ratio (9.8x) compared to the IN Machinery industry average (1.8x).
Future Growth
How is SKF India forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
16.0%
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as SKF India has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has SKF India performed over the past 5 years?
4.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 500472 has high quality earnings.
Growing Profit Margin: 500472's current net profit margins (12.3%) are higher than last year (8.9%).
Past Earnings Growth Analysis
Earnings Trend: 500472's earnings have grown by 4% per year over the past 5 years.
Accelerating Growth: 500472's earnings growth over the past year (78.9%) exceeds its 5-year average (4% per year).
Earnings vs Industry: 500472 earnings growth over the past year (78.9%) exceeded the Machinery industry 77.1%.
Return on Equity
High ROE: 500472's Return on Equity (24.1%) is considered high.
Financial Health
How is SKF India's financial position?
Financial Position Analysis
Short Term Liabilities: 500472's short term assets (₹16.3B) exceed its short term liabilities (₹6.9B).
Long Term Liabilities: 500472's short term assets (₹16.3B) exceed its long term liabilities (₹457.3M).
Debt to Equity History and Analysis
Debt Level: 500472's debt to equity ratio (1.1%) is considered satisfactory.
Reducing Debt: 500472's debt to equity ratio has increased from 0.06% to 1.1% over the past 5 years.
Debt Coverage: 500472's debt is well covered by operating cash flow (1842.8%).
Interest Coverage: 500472 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is SKF India current dividend yield, its reliability and sustainability?
0.46%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 500472's dividend (0.47%) is higher than the bottom 25% of dividend payers in the Indian market (0.34%).
High Dividend: 500472's dividend (0.47%) is low compared to the top 25% of dividend payers in the Indian market (1.41%).
Stability and Growth of Payments
Stable Dividend: 500472's dividend payments have been volatile in the past 10 years.
Growing Dividend: 500472's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (21.4%), 500472's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.5yrs
Average management tenure
CEO
Manish Bhatnagar (52 yo)
3.17yrs
Tenure
₹29,658,919
Compensation
Mr. Manish Bhatnagar is Managing Director, Chief Executive Officer and Director at SKF India Limited since August 16, 2018. He has been Vice President and General Manager of Asia Water Section, Danaher Cor...
CEO Compensation Analysis
Compensation vs Market: Manish's total compensation ($USD395.27K) is about average for companies of similar size in the Indian market ($USD425.15K).
Compensation vs Earnings: Manish's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: 500472's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
Experienced Board: 500472's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
SKF India Limited's employee growth, exchange listings and data sources
Key Information
- Name: SKF India Limited
- Ticker: 500472
- Exchange: BSE
- Founded: 1923
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: ₹153.535b
- Shares outstanding: 49.44m
- Website: https://www.skf.com/in
Number of Employees
Location
- SKF India Limited
- Chinchwad
- Pune
- Maharashtra
- 411033
- India
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/26 12:01 |
| End of Day Share Price | 2021/10/26 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.