Overall Fundamental outlook

Business Operations:

Sector: Industrials
Industry: Tools & Accessories

SKF India Limited provides bearings technology and solutions to industrial and automotive sectors in India and internationally. It offers rolling bearings including ball and roller bearing, bearing accessories, track rollers, and engineered products; mounted bearing and housing, such as ball and roller bearing units, and bearing housing; and super-precision bearing including angular contact ball, cylindrical roller, double direction angular contact thrust ball, and axial-radial cylindrical roller bearings, as well as angular contact thrust bearing for screw drives, and precision lock nuts and gauges. The company also provides slewing bearings; plain bearing, which includes spherical plain bearings and rod ends, and bushing, thrust washer, and strips; magnetic bearing systems; thin section bearing, such as reali-slim and ultra-slim thin section bearings, and customized thin section bearings; and industrial seals including power transmission, hydraulic, fluid handling, and machined seals. In addition, it offers automotive seals, such as bearing, body, driveline, engine, eDrive unit, suspension, and wheel seals, as well as two wheeler sealing solution; lubrication management comprising lubricants, manual lubricant tools, lubricators, automatic lubrication system, and lubrication system components; and maintenances products including hydraulic and mechanical tools, and heaters for mounting and dismounting, as well as alignment tools. Further, the company provides condition monitoring system, which includes surveillance and machine protection systems, software, sensor, product support and training, and inactive or obsolete products; power transmission solutions comprising belts, pulleys, chains, sprockets, bushing and hub, coupling, bolts and tightening systems, and v-belts; and test and measuring equipment, such as waviness and roundness analyzer, noise and vibration tester, and grease test rigs. The company was founded in 1923 and is headquartered in Pune, India.

Revenue projections:

Revenue projections for SKFINDIA
Revenue projections for SKFINDIA

Revenues for SKFINDIA are forecasted to decline from last year's levels, prompting caution among investors. When revenues fall, it can have a significant negative impact on the company's bottom line, reducing profitability and making the stock less attractive to risk-averse investors.

Financial Ratios:

currentRatio 2.061000
forwardPE 30.384914
debtToEquity 0.219000
earningsGrowth 0.000000
revenueGrowth -0.510000
grossMargins 0.400290
operatingMargins 0.028980
trailingEps 53.720000
forwardEps 55.563760

SKFINDIA's current ratio is 2.061, signaling that the company has sufficient cash reserves and current assets to cover its short-term debt obligations. This suggests financial stability, as SKFINDIA should not face any issues meeting its short-term liabilities with available resources.
SKFINDIA's low growth in both earnings and revenue indicates potential profit shrinkage. This downward trend could be a sign of weakening financial health, signaling challenges for the company's future profitability.
SKFINDIA's forward EPS is higher than its trailing EPS, suggesting the company is expected to see an increase in profitability this year. This points to positive growth, indicating that SKFINDIA is projected to improve its financial performance compared to the previous year.

Price projections:

Price projections for SKFINDIA
Price projections for SKFINDIA

SKFINDIA's price projections have gradually decreased, reflecting a less optimistic view of the company's future performance. Analysts are adjusting their expectations, suggesting potential concerns about SKFINDIA's ability to meet previous growth targets.

Recommendation changes over time:

Recommendations trend for SKFINDIA
Recommendations trend for SKFINDIA


The analysts have presented a mixed picture of SKF India Limited, with no clear buy or sell ratings. This uncertainty indicates that investors may need to look beyond analyst opinions and explore other factors to make well-rounded decisions about investing in the stock.