SKP Bearing Industries Past Earnings Performance
Past criteria checks 2/6
SKP Bearing Industries has been growing earnings at an average annual rate of 11.3%, while the Machinery industry saw earnings growing at 22.6% annually. Revenues have been growing at an average rate of 12.4% per year. SKP Bearing Industries's return on equity is 28.1%, and it has net margins of 26.8%.
Key information
11.3%
Earnings growth rate
8.9%
EPS growth rate
| Machinery Industry Growth | 21.0% |
| Revenue growth rate | 12.4% |
| Return on equity | 28.1% |
| Net Margin | 26.8% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
SKP Bearing Industries' (NSE:SKP) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Nov 17
Does 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 BreakdownBeta
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 23 | 495 | 133 | 40 | 0 |
| 30 Jun 23 | 494 | 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 a high level of non-cash earnings.
Growing Profit Margin: SKP's current net profit margins (26.8%) are lower than last year (34.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SKP's earnings have grown by 11.3% 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 (-13.2%) over the past year, making it difficult to compare to the Machinery industry average (30.8%).
Return on Equity
High ROE: SKP's Return on Equity (28.1%) is considered high.