SKP Bearing Industries Ltd.

SKP Bearing Industries Ltd.

NNSE:SKP
143.05
INR
-7.30
(-4.86%)
1.22EPS
114.59P/E
2.32BMarket Cap
SKP Bearing Industries Ltd.
NSE:SKP
(National Stock Exchange of India)

Recent

price

143.05

P/E

ratio

114.59

div

yld

- -

ROIC.AI

2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
26.65
21.26
24.19
6.45
29.44
31.11
42.37
61.88
33.57
Revenue per Share
6.62
5.42
4.97
2.43
8
6.43
1.79
0.53
1.22
Basic EPS, GAAP
3.19
5.64
2.2
-22.06
3.29
-3.13
-14.3
-5.32
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
1
1
1.1
1.11
- -
Dividend per Share
20.58
26.09
30.53
12.43
24.81
30.24
30.83
28.41
28.41
Book Value per Share
20.58
26.09
30.53
12.43
24.81
30.24
30.78
28.24
28.24
Tangible Book Value per Share
15
15
15
15
17
17
17
17
17
Basic Weighted Avg Shares
400
319
363
97
488
517
703
1,027
558
Sales/Revenue/Turnover
37.23
38.59
32.73
45.87
38.35
31.24
12.26
5.19
5.6
Operating Margin (%)
10
12
14
2
10
13
24
47
27
Depreciation Expense
99
81
75
36
133
107
30
9
20
Net Income, GAAP
27.48
26.22
28.89
22.34
26.26
30.13
59.49
86.43
62.03
Effective Tax Rate (%)
24.83
25.47
20.55
37.65
27.18
20.67
4.23
0.85
3.64
Profit Margin (%)
86
90
142
144
153
218
83
117
117
Working Capital
4
4
4
184
40
252
179
281
281
LT Debt
309
391
458
186
412
502
512
472
472
Total Equity
- -
19.65
16.74
7.77
30.91
18
4.47
0.84
1.39
Return on Invested Capital (%)
- -
26.96
20.97
9.24
33.41
19
4.65
1.53
3.09
Return on Capital (%)
- -
23.21
17.56
11.31
44.3
23.37
5.87
1.78
4.13
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
110
46
133
LT Borrowings
179
300
281
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
17
17
17
Market Capitalization
3,720
3,731
2,324

Working Capital

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
306
428
452
Cash, Cash Equivalents & STI
5
1
3
Accounts Receivable, Net
135
166
280
Inventories
124
170
103
Total Current Liabilities
223
228
335
Payables & Accruals
- -
- -
- -
ST Debt
110
46
133
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
15.52%
-7.86%
Free Cash Flow
- -
-224.59%
-62.83%
Net Income, GAAP
- -
10.08%
-70.55%
Sales/Revenue/Turnover
- -
83.74%
46.05%
Total Cash Common Dividend
- -
- -
0.91%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
517
2025
- -
- -
- -
- -
703
2026
- -
178
- -
380
1,027

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
6.43
2025
- -
- -
- -
- -
1.79
2026
- -
1.79
- -
-0.57
0.53

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1
2025
- -
- -
- -
- -
1.1
2026
- -
- -
- -
- -
1.11
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.