May 15, 2025
New Delhi, India
Q4
Shares of SKF India soared nearly 9% on Friday, May 16, after the company posted robust financial results for the March 2025 quarter (Q4FY25) and declared a generous final dividend, sparking renewed investor interest. The stock surged to an intraday high of ₹4,685.90, driven by healthy earnings and a sharp margin recovery.
Strong Quarterly Performance
The engineering and bearings solutions provider reported a net profit of ₹275.65 crore for Q4FY25, reflecting a 20% year-on-year (YoY) growth from ₹230 crore in the corresponding period last year. Revenue rose marginally to ₹1,213.4 crore from ₹1,203.4 crore.
Cost control played a major role in the company’s outperformance. Total expenses declined to ₹950.8 crore from ₹1,009.16 crore, helping lift EBITDA by a staggering 33% YoY to ₹284 crore. This also marked a more than twofold sequential jump from ₹121 crore in Q3FY25.
Gross margins improved sharply to 49%, up from 41% a year ago and 33% in the previous quarter, reflecting operational efficiency and a higher share of premium products in the mix.
Dividend Boost
The company’s board declared a final dividend of ₹14.5 per equity share for the financial year ending March 2025, reinforcing its commitment to shareholder value.
Share Price Trajectory
Despite the post-result rally, SKF India shares are still over 36% below their 52-week high of ₹7,349, touched in June 2024. However, they have rebounded 32% from the 52-week low of ₹3,544 in February 2025. After a prolonged five-month decline from October 2024 to February 2025, the stock began recovering—gaining 4.3% in March, 1% in April, and over 18% so far in May. Over the past 12 months, the stock is still down 19%.
Company Overview
Founded in 1923, SKF India has evolved from a ball-bearing manufacturer into a comprehensive engineering solutions provider. It operates in five core areas: bearings and units, seals, lubrication, condition monitoring, and maintenance services. With six factories, 12 offices, 450+ distributors, and over 1,700 employees, the company plays a vital role in India’s industrial and automotive ecosystems by supporting energy efficiency, reducing friction, and enhancing equipment longevity.
