SKP Bearing Industries Past Earnings Performance
Past criteria checks 1/6
SKP Bearing Industries's earnings have been declining at an average annual rate of -1%, while the Machinery industry saw earnings growing at 27.8% annually. Revenues have been growing at an average rate of 21.7% per year. SKP Bearing Industries's return on equity is 8.2%, and it has net margins of 6.6%.
Key information
-1.0%
Earnings growth rate
-3.4%
EPS growth rate
| Machinery Industry Growth | 21.0% |
| Revenue growth rate | 21.7% |
| Return on equity | 8.2% |
| Net Margin | 6.6% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
SKP Bearing Industries' (NSE:SKP) Shareholders Have More To Worry About Than Only Soft Earnings
May 31
SKP Bearing Industries' (NSE:SKP) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Nov 17Recent updates
Investor Optimism Abounds SKP Bearing Industries Limited (NSE:SKP) But Growth Is Lacking
Aug 23SKP Bearing Industries' (NSE:SKP) Shareholders Have More To Worry About Than Only Soft Earnings
May 31SKP Bearing Industries' (NSE:SKP) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Nov 17Does SKP Bearing Industries (NSE:SKP) Deserve A Spot On Your Watchlist?
Jul 25More Unpleasant Surprises Could Be In Store For SKP Bearing Industries Limited's (NSE:SKP) Shares After Tumbling 36%
Dec 24Revenue & Expenses Breakdown
How SKP Bearing Industries makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 611 | 40 | 141 | 0 |
| 30 Jun 24 | 564 | 73 | 107 | 0 |
| 31 Mar 24 | 518 | 107 | 74 | 0 |
| 31 Dec 23 | 506 | 120 | 57 | 0 |
| 30 Sep 23 | 502 | 133 | 40 | 0 |
| 30 Jun 23 | 497 | 133 | 39 | 0 |
| 31 Mar 23 | 493 | 133 | 38 | 0 |
| 31 Dec 22 | 456 | 156 | 42 | 0 |
| 31 Mar 22 | 409 | 146 | 32 | 0 |
| 31 Mar 21 | 369 | 75 | 25 | 0 |
| 31 Mar 20 | 324 | 81 | 20 | 0 |
| 31 Mar 19 | 408 | 99 | 19 | 0 |
Quality Earnings: SKP has high quality earnings.
Growing Profit Margin: SKP's current net profit margins (6.6%) are lower than last year (26.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SKP's earnings have declined by 1% per year over the past 5 years.
Accelerating Growth: SKP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SKP had negative earnings growth (-69.8%) over the past year, making it difficult to compare to the Machinery industry average (26.6%).
Return on Equity
High ROE: SKP's Return on Equity (8.2%) is considered low.