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

SKFINDIA's revenue is projected to decrease from last year, a development that could lead investors to adopt a more cautious approach. A revenue decline can negatively affect profitability, signaling challenges for the company and making it less attractive for those seeking solid financial performance.

Financial Ratios:

currentRatio 2.822000
forwardPE 31.212122
debtToEquity 0.266000
earningsGrowth 0.164000
revenueGrowth 0.009000
grossMargins 0.374350
operatingMargins 0.239480
trailingEps 114.530000
forwardEps 0.000000

SKFINDIA's current ratio of 2.822 indicates strong liquidity, meaning the company can comfortably meet its short-term debt obligations. This financial position reflects SKFINDIA's ability to use its cash reserves and current assets to cover liabilities without facing any cash flow issues.
Positive gross and operating margins for SKFINDIA demonstrate the company's profitability. These margins reflect strong financial performance, with efficient operations contributing to the company's ability to generate consistent profits.

Price projections:

Price projections for SKFINDIA
Price projections for SKFINDIA

SKFINDIA's price has consistently hovered near the lower end of price projections. This trend suggests that the stock is underperforming relative to analyst expectations, indicating a potential lack of momentum for upward movement in the near future.

Recommendation changes over time:

Recommendations trend for SKFINDIA
Recommendations trend for SKFINDIA


With analysts showing a buy bias for SKF India Limited, investors may be more inclined to see the stock as an attractive investment. The favorable outlook could spur increased interest, positioning SKF India Limited as a safe and profitable place for investors to allocate their funds and seek growth.