SKP Bearing Industries Ltd.
NNSE:SKP150.35
INR
-2.15
(-1.41%)
ISIN
INE0KZA01016
Return %
Stock
S&P 500
1Y
-34.06
14.20
3Y
-36.29
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
INR
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
INR
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in mil. unless spec.Company Description
- CEO
- Shrinand Kamlakar Palshikar
- Sector
- Producer manufacturing
- Industry
- Metal fabrication
- Address
- Survey No. 4, Near .K.V. Factory, Rajkot-Gondal Highway, Shapar Surendranagar GU India 360024
- IPO Date
- Jul 13, 2022
- Website
- skpbearings.com
- Similar Companies
- Business
- SKP Bearing Industries Ltd. (SKP.NS) manufactures and supplies precision rolling elements for bearings, including needle rollers, cylindrical rollers, pin rollers, shaft rollers, spherical rollers, steel balls, and precision pins. The company serves diverse industries such as automotive, textile, electronics, cosmetics, and renewable energy with customized products supplied to bearing manufacturers and original equipment manufacturers (OEMs). Founded in 1991 as a partnership firm and converted to a public limited company in 2022, SKP Bearing Industries maintains its headquarters in Wadhwan, Surendranagar, Gujarat, India, with manufacturing facilities in Gujarat including a newly commissioned Plant III in Surendranagar. The company operates three plants in India and exports to global markets including Brazil, Argentina, UAE, Mexico, China, Poland, Thailand, and France. In addition to its core bearing components business, SKP generates renewable energy through windmills in Gujarat and Madhya Pradesh (commissioned 2012-2015 with total capacity exceeding 2.9 MW) and a solar plant in Madhya Pradesh. It holds certifications including IATF-16949, ISO 45001, and ISO 14001, emphasizing quality and environmental standards. Recent developments include the February 2024 acquisition of Valette Et Gaurand Industries (VGI), a French company, for approximately EUR 81.1 million, enhancing technological capabilities, global supply chains, and market access in Europe. SKP commenced commercial production at Plant III in Surendranagar, Gujarat, in 2024-2025, focusing on steel ball manufacturing with advanced technology to boost capacity and target premium international customers. These expansions support projected revenue growth to around INR 100 crores in FY25 and potentially INR 200 crores thereafter, leveraging synergies from the France operations.