SKF India (Industrial) Limited Approves Rs 10 Dividend Per Share; Releases FY 2026 Financial Results
SKF India (Industrial) Limited announced that its Board of Directors approved the final dividend and took on record the annual and quarterly financial results for the financial year ended March 31, 2026. The Board meeting was held on May 12, 2026.The Company confirmed that the Statutory Auditors, M/s. Deloitte Haskins & Sellis LLP, issued a Limited Review Report and Audit Reports with unmodified opinion on the Unaudited Financial Results for the fourth quarter and the Financial Results for the financial year ended March 31, 2026.
Dividend Recommendation
The Board of Directors recommended a final dividend of Rs. 10/- per equity share for the financial year ending March 31, 2026. This dividend is subject to the approval of the shareholders at the ensuing Annual General Meeting.The record date for determining the list of shareholders entitled to receive the final dividend is set for Friday, July 3, 2026. If approved by the shareholders, the said dividend is scheduled to be paid on or before Friday, September 11, 2026.
Financial Overview
The Company presented comprehensive financial statements, including the Balance Sheet and Statement of Financial Results for the Quarter and Year ended March 31, 2026.The consolidated Statement of Assets and Liabilities as at March 31, 2026 (Audited) showed a Total Equity and Liabilities of 26,745.0 INR Million.
Statement of Assets and Liabilities (INR in Million)
| Particulars | As at March 31, 2026 (Audited) | As at March 31, 2025 (Unaudited) |
|---|---|---|
| ASSETS | ||
| Total non-current assets | 5,963.0 | 3,810.4 |
| Total current assets | 20,782.0 | 15,336.9 |
| Total Assets | 26,745.0 | 19,147.3 |
| EQUITY AND LIABILITIES | ||
| Total Equity | 14,768.5 | 13,1104 |
| Total non-current liabilities | 77.0 | 159.8 |
| Total current liabilities | 11,899.5 | 5,877.1 6,036.9 |
| Total Equity and Liabilities | 26,745.0 | 19,147.3 |
The Statement of Financial Results for the Quarter and Year ended March 31, 2026, highlighted the following total income figures:
Statement of Financial Results for the Quarter and Year ended March 31, 2026 (INR in Million)
| Metric | Q4 Ended March 31, 2026 (Unaudited) | Year Ended March 31, 2026 (Audited) |
|---|---|---|
| Total Income | 9,632.0 | 34,994.8 |
| Total Expenses | 8,732.3 | 30,821.1 |
| Profit/(Loss) for the period | 1,189.7 | 2,176.7 |
| Total comprehensive income/(loss) for the period | 1,180.9 | 2,214.8 |
Cash Flow Analysis
The Cashflow Statement revealed a Net cashflow from Operating Activities after exceptional items of 1,638.4 INR Million for the year ended March 31, 2026.Summary of Cashflow from Operating Activities (INR in Million)
| Metric | Year Ended March 31, 2026 (Audited) | Period from Dec 17, 2024 to Mar 31, 2025 (Unaudited) |
|---|---|---|
| Cash generated from operations before exceptional items | 4,658.2 | 248.3 |
| Net cashflow from Operating Activities after exceptional items | 1,638.4 | (177.5) |
SKFINDUS Stock Price Movement
On Tuesday, SKF India (Industrial) Limited shares shed 3.59%, slipping by ₹75.60 to settle at ₹2038.2. The stock experienced significant pressure on 17,438 shares traded, nearing its 52-week low in the process.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.