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 projections show a decrease from last year, which tends to make investors more cautious. This could have a negative impact on the company's bottom line, as lower revenues typically suggest reduced profitability and growth potential, prompting concern among investors.

Financial Ratios:

currentRatio 2.061000
forwardPE 29.839594
debtToEquity 0.219000
earningsGrowth 0.000000
revenueGrowth -0.510000
grossMargins 0.400290
operatingMargins 0.028980
trailingEps 53.730000
forwardEps 55.563760

SKFINDIA's current ratio of 2.061 reflects its strong liquidity position. The company has enough cash reserves and current assets to service its short-term debt obligations, signaling that SKFINDIA is financially well-prepared to meet its liabilities without difficulty.
SKFINDIA's Forward PE ratio is in a good range, reflecting a reasonable balance between stock price and earnings. The stock is not overpriced, leaving room for growth, which suggests potential for investors looking to capitalize on future value appreciation.
SKFINDIA's low earnings and revenue growth highlight a potential decline in profitability. This suggests that the company's financial health may be weakening, and profits could shrink as a result.
SKFINDIA's forward EPS is greater than its trailing EPS, indicating that the company is expected to deliver higher profitability this year. This suggests that SKFINDIA is projected to improve its earnings, reflecting positive growth compared to last year's financial performance.

Price projections:

Price projections for SKFINDIA
Price projections for SKFINDIA

The price of SKFINDIA has repeatedly been close to the lower limit of price projections. This trend suggests that the stock may be underperforming, raising concerns among investors about future performance.

Recommendation changes over time:

Recommendations trend for SKFINDIA
Recommendations trend for SKFINDIA


The analysts' outlook on SKF India Limited remains mixed, with no clear buy or sell ratings. This ambiguous stance could signal uncertainty for investors, suggesting the need for additional research and market analysis before making any firm decisions regarding the stock.