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

With SKF India Limited's revenue expected to be lower than the previous year, investors may become cautious. Declining revenues often negatively impact the bottom line, reducing profitability and raising concerns among investors about the company's ability to maintain strong financial performance moving forward.

Financial Ratios:

currentRatio 2.566000
forwardPE 32.816555
debtToEquity 0.122000
earningsGrowth 0.115000
revenueGrowth 0.052000
grossMargins 0.381590
operatingMargins 0.109040
trailingEps 108.490000
forwardEps 53.150000

With a current ratio 2.566, SKFINDIA demonstrates the ability to service its short-term debt without difficulty. The company's strong cash reserves and current assets ensure that it can meet its liabilities, reflecting financial stability and healthy liquidity.
SKFINDIA's forward EPS being lower than trailing EPS indicates reduced profitability in the upcoming year. This points to a potential decline in earnings, which could impact the company's financial strength.

Price projections:

Price projections for SKFINDIA
Price projections for SKFINDIA

SKFINDIA's price projections have gradually decreased, indicating a more conservative outlook from analysts. The repeated downward revisions suggest waning confidence in the company's ability to achieve its previous targets.

Recommendation changes over time:

Recommendations trend for SKFINDIA
Recommendations trend for SKFINDIA


The analysts' recent buy bias for SKFINDIA indicates strong confidence in the stock's future performance. This could encourage more investors to view SKFINDIA as a worthwhile investment, positioning the company as a top choice for those seeking financial security and long-term growth opportunities.