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

SKF India Limited's revenues are expected to fall below last year's, and this forecast tends to raise concerns among investors. A revenue drop can negatively impact the company's profitability, making investors more cautious about their positions due to the risks of declining financial performance.

Financial Ratios:

currentRatio 2.566000
forwardPE 41.244656
debtToEquity 0.122000
earningsGrowth 0.115000
revenueGrowth 0.052000
grossMargins 0.381590
operatingMargins 0.109040
trailingEps 108.480000
forwardEps 0.000000

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.

Price projections:

Price projections for SKFINDIA
Price projections for SKFINDIA

SKFINDIA's price projections have been revised downward gradually, suggesting that expectations for the company's future performance are becoming more conservative. Analysts may be tempering their optimism based on current trends.

Recommendation changes over time:

Recommendations trend for SKFINDIA
Recommendations trend for SKFINDIA


Analysts' recent buy bias toward SKFINDIA suggests the stock is gaining favor as a strong investment choice. This optimism could drive more investors to see SKFINDIA as a smart place to invest, further bolstering confidence in the company's long-term growth and potential returns.