SKF India Limited has released its Annual Report for FY 2025-26, detailing a year of focused growth and strategic clarity following its demerger. The company reported a standalone revenue of INR 21,295.9 Million, a year-on-year increase of ~15.4%. The report also highlights key initiatives in sustainability, manufacturing, and talent development, underscoring SKF India’s commitment to innovation and customer-centricity. The 65th Annual General Meeting is scheduled for August 14, 2026.
SKF India Limited has announced its Annual Report for the Financial Year 2025-26, marking a period of significant strategic evolution and focused growth. The report details the company’s performance, its commitment to sustainability, and its advancements in manufacturing and talent development. The 65th Annual General Meeting (AGM) is scheduled for Friday, 14th August 2026, at 1:00 PM IST, to be conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM).
Key Financial Highlights
For FY 2025-26, SKF India reported a standalone revenue of INR 21,295.9 Million, an increase of approximately 15.4% year-on-year. The profit before tax stood at INR 235 Crores, reflecting a drop of approximately 34%, partly impacted by one-off demerger-related expenses. The company maintained strong operating cash flows and healthy return ratios, while continuing to invest in digitalization and capacity enhancement.
Strategic Evolution Post-Demerger
The demerger, effective 1st October 2025, has established two independent entities: SKF India Limited (focused on automotive) and SKF India (Industrial) Limited. This strategic shift sharpens focus and enhances operational agility. SKF India Limited is now positioned to lead within the automotive ecosystem, concentrating on electrification, premiumisation, and advanced mobility solutions. Planned investments for the Automotive Business through 2030 are between INR 4,100 Million to INR 5,100 Million.
Commitment to Sustainability
SKF India has made significant strides in its sustainability initiatives. The Pune, Haridwar, and Bengaluru sites achieved 100% renewable electricity sourcing, transitioning directly through clean energy and efficiency improvements. The company has also achieved a continuous year-on-year energy efficiency improvement of approximately ~5%. Furthermore, the company is committed to reaching Net Zero GHG emissions across its value chain by 2050.
Manufacturing Excellence and Digital Integration
SKF India is advancing towards Industry 4.0 through IIoT-enabled systems for real-time machine performance monitoring. The company is implementing integrated Manufacturing Execution Systems (MES) to enhance production control and optimize process parameters. Lean manufacturing concepts are being utilized to improve shop floor efficiency and output consistency. Digitalization and sustainability are moving forward together, reinforcing each other across operations.
Employee Development and Safety
The company prioritizes building a workplace where diversity, inclusion, and equal opportunity support innovation and growth. Investments in learning and development have remained a key priority, with focused initiatives aimed at aligning employee capabilities with evolving technological, leadership, and business requirements. SKF India also maintained a strong safety foundation, with a focus on prevention and continuous improvement.
Investor Engagement
SKF India has conducted a series of structured investor and shareholder engagement initiatives. These include plant visits and discussions on strategic priorities and the innovation pipeline, fostering transparency and stakeholder confidence during its transformation phase. The company remains committed to maintaining open communication and stakeholder engagement in the post-demerger phase.
Annual General Meeting Details
The 65th Annual General Meeting will be held on Friday, 14th August 2026, at 1:00 PM IST via Video Conferencing / Other Audio-Visual Means (OAVM). The remote e-voting period commences on Tuesday, 11th August 2026, and concludes on Thursday, 13th August 2026.
Source: BSE
