Skf India Limited · NSE:SKFINDIA
Skf India — Q4 FY26 Earnings Presentation
20 slides from Skf India's earnings presentation, May 21, 2026
Slide 1: Regulation 30 intimation to NSE and BSE
Date: 21st May 2026 National Stock Exchange of India BSE Limited, Limited, Phiroze Jeejeebhoy Towers, Dalal Exchange Plaza, 5th Floor, Plot No. C- Street, Fort 1, G Block, Bandra- Kurla Complex, Mumbai – 400001, Maharashtra, India Bandra (East), Mumbai – 400051, Maharashtra, India NSE Scrip Code – S
Slide 2: SKF India Limited – Investors Earnings Call Q4 FY26
SKF India Limited – Investors Earnings Call Q4 FY26: January – March 2026 Pune, 21st May 2026 Slide 1 1
Slide 3: Disclaimer
Disclaimer The purpose of this presentation is to share our Q4 FY2025-26 results. We would like to remind you, some of the remarks may contain forward-looking statements, which are subject to risk, and uncertainties and actual results may defer materially. Such statements are based on management bel
Slide 4: Agenda
Agenda 1. Executive Summary 2. Macro Key Indicators 3. Quarterly Highlights – Q4 FY26 4. Full Year Highlights – FY26 5. Strategy & Success Stories 6. Q&A Slide 3
Slide 5: Executive Summary
Executive Summary Slide 4 SKF First-quarter report 2026
Slide 6: Summary | Strong sales growth, lower PBT
Summary | Strong sales growth, lower PBT Q4 FY26: January to March 2026 ▲ 3% QoQ ▼ 770 bps QoQ ▲ 4.6% QoQ 5.6 BINR 9.0% 24.3% Sales PBT% * NWC % of Sales FY26: April 2025 to March 2026 ▲ 12.8% YoY ▼ 694 bps YoY ▼ 3.7% YoY 20.3 BINR 12.3% 24.3% Sales PBT% * NWC % of Sales • Excludes exceptional items
Slide 7: Key Indicators Update
Key Indicators Update Slide 6 SKF First-quarter report 2026
Slide 8: Macro Key Indicators | Automotive production improved compared to Q3 FY26
Macro Key Indicators | Automotive production improved compared to Q3 FY26 IIP-Industrial Production Growth (YoY) Manufacturing PMI Growth (YoY) 59.1 59.3 59.2 58.1 58.2 58.3 57.7 57.6 57.7 56.6 56.9 56.3 55 55.3 53.9 4.1% 4.3% 3.9% 4.1% 1.8% Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 IIP - General Automotiv
Slide 9: Quarterly Highlights – Q4 FY26
Quarterly Highlights – Q4 FY26 Slide 8 SKF First-quarter report 2026 1
Slide 10: Revenue | Up by 3% QoQ; 14.8% YoY driven by improved volumes
Revenue | Up by 3% QoQ; 14.8% YoY driven by improved volumes Net sales / PBT by Quarter Sales Growth % 8,000 Net sales (MINR) PBT% 50.0% 7,000 45.0% QoQ 40.0% 5,384 5,550 35.0% 6,000 4,861 5,384 185 5,550 4,833 30.0% 5,000 4,514 25.0% -19 22.5% 20.0% +3.4% -0.4% 4,000 15.0% 16.7% 13.7% 10.0% 3,000 9
Slide 11: Profitability | Impacted by one-off factors
Profitability | Impacted by one-off factors PBT* (MINR) & Margin % PBT (MINR) Walkthrough PBT Op Margin % QoQ % 964* 34 1,107 -19 534* 964 * -445 22.5% 632 Q3 FY26 Price Volume Cost Q4 FY26 16.7% 534* 13.7% 491 9.9% 9.0% YoY % 35 148 1,107 * 534 * -756 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 *Exclud
Slide 12: Full Year Highlights - FY 2025-26
Full Year Highlights - FY 2025-26 Slide 11 SKF First-quarter report 2026
Slide 13: Revenue | Up 12.7%, driven by volume growth in core segments
Revenue | Up 12.7%, driven by volume growth in core segments like 2W, Cars, Powertrain Net sales by Financial Year, MINR % Growth, Y-o-Y Exports SKF Industrial OEM Distribution 20,304 2,198 20,304 18,007 1,482 7% 737 4% 18,007 99 10% 1,957 - 0.6% +12.2% 13,393 66% 62% 11,078 28% 4,972 4,692 23% FY25
Slide 14: Profitability | Higher cost partially offset with volume growth
Profitability | Higher cost partially offset with volume growth 6000 90.0% Profit before tax* & Margin %, MINR 5700 5400 Profit before tax*,MINR PBT margin 5100 4800 4500 243 4200 3,552 * 3,552* 99 50.0% 3900 3600 3300 2,621* 2,621 * 3000 2700 2400 -1,273 2100 19.2% 10.0% 1800 12.3% 1500 1200 900 60
Slide 15: Cashflow | Moderate performance driven by high NWC development
Cashflow | Moderate performance driven by high NWC development Net cash flow from operations, MINR Cash Conversion Ratio = 85% 780 4,766 (82) 4,058 (1,110) (297) PBET* Non- NWC Tax Others** Operating Cash cash- items flow *PBET= Profit before exceptional items and tax and the figures includes profit
Slide 16: Strategy & Success Stories
Strategy & Success Stories Slide 15 SKF First-quarter report 2026
Slide 17: RACE Strategy
Strategic Priorities 2030 RACE Strategy R A C E Reduce CO2 with Innovative Products that Accelerate Growth Through Capability and Capacity Execute with Speed, Agility help Customers build Efficient Vehicles Commercial Excellence Building across Full Value Chain and Attentiveness Slide 16 16
Slide 18: Major Business Wins
Major Business Wins ∼656 MINR Two - Three Wheelers Passenger Vehicles Commercial Vehicles New Business Wins for – New Business wins for – New business wins for – • EV – eMotors Bearings (DGBB) • Manual and Automotive Transmission Bearings • Transmission Bearings – (DGBB and TRB) • Wheel Speed Sensor
Slide 19: Customer Awards
Customer Awards Q1 2026 Excellence in Clean Energy Best Delivery Environmental Champion Performance Initiatives TVS Motors Suzuki Motorcycles Honda Motorcycles Slide 18 18
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