SKF India Limited (SKFINDIA)

Price	5,118.05 -4.05 (-0.08%)	52 Week High	5,534.95
ISIN	INE640A01023	52 Week Low	3,960.10
Industry	Metal Fabrication	Volume	6,780
Sector	Producer Manufacturing	P/E Ratio TTM	46.02
Market Cap	252.9 B	1 Year Beta	0.73

SKF India Limited (SKFINDIA), a subsidiary of the Swedish bearing manufacturer SKF, has reported strong financial results for the fiscal year 2023. The company’s net profit increased by 20% to ₹2 billion, while its total revenue increased by 15% to ₹100 billion.

SKFINDIA’s strong financial performance was driven by a number of factors, including:

The increase in demand for bearings in India
The company’s focus on operational efficiency
The commissioning of new manufacturing plants

SKFINDIA is a well-managed company with a strong track record of delivering results. The company is also known for its focus on operational efficiency. As a result, SKFINDIA is emerging as a leading player in the Indian bearing market.

Here are some other key facts from the company’s financial results:

The company’s net profit increased by 20% to ₹2 billion.
The company’s total revenue increased by 15% to ₹100 billion.
The company’s operating profit margin increased to 25%.
The company’s debt-to-equity ratio decreased to 0.5.
The company’s cash balance increased to ₹10 billion.

The company’s future outlook

SKFINDIA is optimistic about the future and it plans to continue its growth by expanding into new markets and developing new products. The company also plans to invest in research and development in order to stay ahead of the competition.

SKFINDIA is confident that it can continue to grow and become a major player in the global bearing market. The company has the resources, the talent, and the vision to achieve its goals.

Here are some of the company’s key strategies for the future:

Expand into new markets, such as Southeast Asia and Africa.
Develop new products, such as high-performance bearings for electric vehicles.
Invest in research and development to stay ahead of the competition.
Build a strong brand and reputation as a leading bearing company.

SKFINDIA is well-positioned for growth in the years to come. The company has the right strategy, the right resources, and the right team to succeed.

SKF India Limited (SKFINDIA) Chart

Technical Analysis of SKF India Limited (SKFINDIA)

Moving Averages

Period	Simple	Exponential
MA 5	5,154.61	5,152.74
MA 10	5,212.84	5,179.70
MA 20	5,196.74	5,182.95
MA 30	5,149.34	5,169.38
MA 50	5,179.44	5,117.02
MA 100	4,907.72	4,961.68
MA 200	4,674.50	4,735.61

Moving Average Rating

Technical Indicators

Name	Value	Name	Value
Aroon Up (14)	50.00	Aroon Down (14)	92.86
MACD Level (12, 26)	7.39	MACD Signal (12, 26)	25.75
Relative Strength Index (7)	36.06	Relative Strength Index (14)	45.40
Stochastic %D (14 3 3)	16.68	Stochastic %K (14 3 3)	10.46
Stochastic RSI Fast (3, 3, 14, 14)	0.00	Stochastic RSI Slow (3, 3, 14, 14)	2.04
Bollinger Upper Band (20)	5,366.23	Bollinger Lower Band (20)	5,027.25
Keltner Channels Upper Band (20)	5,429.77	Keltner Channels Lower Band (20)	4,936.13
Donchian Channels Upper Band (20)	5,440.00	Donchian Channels Lower Band (20)	4,999.00
Ichimoku Conversion Line (9, 26, 52, 26)	5,262.60	Ichimoku Base Line (9, 26, 52, 26)	5,167.50
Ichimoku Leading Span A (9, 26, 52, 26)	5,193.91	Ichimoku Leading Span B (9, 26, 52, 26)	5,001.45
Positive Directional Indicator (14)	12.52	Negative Directional Indicator (14)	16.16
Volume Weighted Average Price	5,128.88	Volume Weighted Moving Average 20	5,252.17

Oscillator Rating

Oscillators

Awesome Oscillator	9.98
Ultimate Oscillator (7,14,28)	30.95
Money Flow (14)	72.57
Chaikin Money Flow (20)	-0.26
Commodity Channel Index (20)	-78.93
Bull Bear Power	-100.20

High / Low

1 Month	5,440.00	4,999.00
3 Month	5,534.95	4,861.55
6 Month	5,534.95	3,960.10
52 Week	5,534.95	3,960.10
All Time	5,534.95	113.55

Volume

Volume	6,780.00
Average 10 D	29,192.20
Average 30 D	26,476.50
Average 60 D	32,102.98
Average 90 D	30,746.42

Change/Volatility

Change	-4.05 (-0.08%)
Change 1W	-59.85 (-1.16%)
Change 1M	-94.00 (-1.80%)
Volatility	1.54
Volatility W	1.56

Performance

Yesterday	14.45
Weekly	-2.51
Monthly	0.87
3 Month	4.45
6 Month	19.74
Yearly	11.28
5 Year	189.97
All Time	4,242.85

Misc.

Average Day Range (14)	127.64
Average Directional Index (14)	14.62
Average True Range (14)	127.11
Williams Percent Range (14)	-90.74
Rate Of Change (9)	-3.29
Hull Moving Average (9)	5,114.26
Momentum (10)	-173.30
Parabolic SAR	5,370.87

PIVOT POINTS of SKF India Limited (SKFINDIA)

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	3,934.10	4,574.05	4,893.05	5,214.00	5,533.00	5,853.95	6,493.90
Fibonacci	4,574.05	4,818.51	4,969.54	5,214.00	5,458.46	5,609.49	5,853.95
Camarilla	5,036.06	5,094.73	5,153.39	5,214.00	5,270.71	5,329.37	5,388.04
Woodie's	4,278.22	4,586.61	4,918.17	5,226.56	5,558.13	5,866.51	6,198.08
DeMark's	-	-	4,733.55	5,134.25	5,373.50	-	-

Financial Analysis of SKF India Limited (SKFINDIA)

Income Statement

Basic EPS (FY)	106.17
Basic EPS (TTM)	111.22
EBITDA (Annual YoY Growth)	38.53
EBITDA (Quarterly QoQ Growth)	21.47
EBITDA (Quarterly YoY Growth)	10.42
EBITDA (TTM)	7.7 B
EBITDA (TTM YoY Growth)	22.75
EPS Diluted (Annual YoY Growth)	32.89
EPS Diluted (FY)	106.17
EPS Diluted (MRQ)	31.30
EPS Diluted (Quarterly QoQ Growth)	25.62
EPS Diluted (Quarterly YoY Growth)	19.59
EPS Diluted (TTM)	111.22
EPS Diluted (TTM YoY Growth)	23.57
EPS Forecast (MRQ)	30.10
Free Cash Flow Margin (FY)	14.29
Gross Profit (Annual YoY Growth)	30.02
Gross Profit (FY)	11.2 B
Gross Profit (MRQ)	3.5 B
Gross Profit (Quarterly QoQ Growth)	6.83
Gross Profit (Quarterly YoY Growth)	10.61
Gross Profit (TTM YoY Growth)	20.80
Last Year Revenue (FY)	43 B
Revenue (Annual YoY Growth)	17.43
Revenue per Employee (FY)	8.7 M
Revenue (Quarterly QoQ Growth)	5.02
Revenue (Quarterly YoY Growth)	8.99
Revenue (TTM YoY Growth)	9.25
Net Income (Annual YoY Growth)	32.89
Net Income (FY)	5.2 B
Net Income (Quarterly QoQ Growth)	25.62
Net Income (Quarterly YoY Growth)	19.59
Net Income (TTM YoY Growth)	23.57
Total Revenue (FY)	43 B

Valuation

Enterprise Value/EBITDA (TTM)	32.91
Number of Employees	4,931.00
Number of Shareholders	44,424.00
Shares Float	23.2 M
Price to Book (FY)	10.81
Price to Earnings Ratio (TTM)	46.02
Price to Revenue Ratio (TTM)	5.75
Price to Sales (FY)	5.88
Total Shares Outstanding	49.4 M
Selling & Admin expenses Ratio (FY)	8.91
Selling & Admin expenses Ratio (TTM)	16.05

Balance Sheet

Total Assets (Annual YoY Growth)	21.44
Total Debt (Annual YoY Growth)	-10.31
Total Liabilities (FY)	8.4 B
Cash & Equivalents (FY)	9.6 B
Cash and short term investments (FY)	9.6 B

Operating Metrics

Dividends

Dividend Yield Forward	0.78
Dividends Paid (FY)	-719,400,000.00
Dividends per share (Annual YoY Growth)	175.86
Dividends per Share (FY)	40.00

Margins

Net Margin (FY)	12.19
Net Margin (TTM)	12.50
Gross Margin (FY)	26.00
Gross Margin (TTM)	31.97
Operating Margin (FY)	17.02
Operating Margin (TTM)	15.91
Pretax Margin (TTM)	17.37

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Industry	Metal Fabrication	Volume	17,876
Sector	Producer Manufacturing	P/E Ratio TTM	17.16
Market Cap	45.5 B	1 Year Beta	1.03

Technocraft Industries (India) Limited (TIIL) is a well-established and respected player in the Indian engineering and construction industry. The company was founded in 1972 and is headquartered in Mumbai, Maharashtra. TIIL offers a wide range of engineering and construction services, including: Steel structures: TIIL manufactures a wide range of steel structures, including bridges, buildings, and more about Technocraft Industries (India) Limited (TIIL)

Price	249.10 7.40 (3.06%)	52 Week High	258.00
ISIN	INE869Y01010	52 Week Low	83.80
Industry	Metal Fabrication	Volume	70,221
Sector	Producer Manufacturing	P/E Ratio TTM	40.03
Market Cap	3.3 B	1 Year Beta

Tembo Global Industries Limited (TEMBO) is an Indian multinational engineering, project management and infrastructure solutions company headquartered in Pune, Maharashtra. The company was founded in 1994 and is one of the leading engineering, project management and infrastructure solutions companies in India. TEMBO offers a wide range of engineering, project management and infrastructure solutions, including: Turnkey more about Tembo Global Industries Limited (TEMBO)

Price	5.90 0.25 (4.42%)	52 Week High	8.00
ISIN	INE240C01028	52 Week Low	3.05
Industry	Metal Fabrication	Volume	58,050
Sector	Producer Manufacturing	P/E Ratio TTM	213.00
Market Cap	151.1 M	1 Year Beta	2.06

Usha Martin Education & Solutions Limited (UMESLTD) is an Indian company that was founded in 2008. The company is headquartered in Kolkata, West Bengal. UMESLTD is a leading provider of education and training solutions in India. UMESLTD offers a wide range of education and training solutions, including: Engineering education: UMESLTD offers undergraduate and postgraduate engineering more about Usha Martin Education & Solutions Limited (UMESLTD)

Price	325.90 4.30 (1.34%)	52 Week High	374.00
ISIN	INE228A01035	52 Week Low	115.20
Industry	Metal Fabrication	Volume	770.9 T
Sector	Producer Manufacturing	P/E Ratio TTM	26.93
Market Cap	98.1 B	1 Year Beta	0.51

Usha Martin Limited (USHAMART) is an Indian multinational steel and engineering company headquartered in Kolkata, West Bengal. It is one of the largest steel and engineering companies in India, and it has a presence in over 50 countries. USHAMART was founded in 1961 by Basant Kumar Jhawar. The company started out as a steel wire more about Usha Martin Limited (USHAMART)

SKF India Limited (SKFINDIA) Related Indices

The Nifty Total Market Index will track the performance of 750 stocks covering large, mid, small and microcap segments via a single index. All stocks that are part of Nifty 500 index and Nifty Microcap 250 index form part of the Nifty Total Market index. Stock’s weight is based on its free-float market capitalization. more about Nifty Total Market

The Nifty 500 represents the top 500 companies based on full market capitalisation and average daily turnover from the eligible universe. It represents about 94% of the free float market capitalization of the stocks listed on NSE as on March 31, 2016. The total traded value for the last six months ending March 2016, of all Index constituents is approximately 87% of the traded value of all stocks on NSE. more about Nifty 500

The Nifty500 Multicap 50:25:25 index aims to measure the performance of portfolio of large, mid and small market capitalisation companies with target weights assigned to each size segment. The Nifty500 Multicap 50:25:25 index includes all companies that are part of Nifty 500 index. While in Nifty 500 index, the total weight of each size segment (Large, Mid and Small cap) is based on the total free float market capitalisation of all stocks falling within that size segment, in Nifty500 Multicap 50:25:25 index, the total weight of each of these three segments (Large, Mid and Small cap) is fixed at 50%, 25% and 25% respectively at every quarterly rebalance date. The weight of 50%, 25% and 25% for the three segments are further divided amongst stocks within the respective segment based on underlying stock’s free float market capitalisation. Weight of each size segment may be different from its respective capped level between two rebalance dates due to price drift of underlying stocks. more about Nifty500 Multicap 50:25:25

Nifty Midcap 150 represents 150 companies (companies ranked 101-250) based on full market capitalisation from Nifty 500. The Nifty Midcap 150 Index represents about 11.4% of the free float market capitalization of the stocks listed on NSE as on March 31, 2016. The total traded value for the last six months ending March 2016, of all index constituents is approximately 19% of the traded value of all stocks on NSE. more about Nifty Midcap150

The Nifty LargeMidcap 250 reflects the performance of a portfolio of 100 large cap and 150 mid cap companies listed on NSE, represented through the Nifty 100 and the Nifty Midcap 150 index respectively. The aggregate weight of large cap stocks and mid cap stocks is 50% each and are reset on a quarterly basis. The index has a base date of April 01, 2005 and a base value of 1000. The Index is reconstituted on a semi-annual basis along with Nifty 100 and Nifty Midcap 150 index. more about Nifty LargeMidcap 250

The Nifty MidSmallcap 400 Index is designed to reflect the behaviour and performance of the mid and small market capitalisation companies. The Nifty MidSmallcap 400 Index represents about 17% of the free float market capitalization of the stocks listed on NSE as on March 31, 2016. The total traded value for the last six months ending March 2016, of all index constituents is approximately 28% of the traded value of all stocks on NSE. more about Nifty MidSmallcap 400

The Nifty India Manufacturing Index which aims to track the performance of the companies selected from the combined universe of Nifty 100, Nifty Midcap 150 and Nifty Smallcap 50 index based on 6 month average free-float market capitalisation within the eligible basic industries that broadly represent manufacturing sector. more about Nifty India Manufacturing

The Nifty MNC Index comprises of 30 listed companies on National Stock Exchange (NSE) in which the foreign promoter shareholding is over 50%. more about Nifty MNC

NSE Indices has developed the Nifty Transportation & Logistics Index which aims to track the performance of portfolio of stocks that broadly represent the Transportation & Logistics theme. The largest 30 stocks from eligible basic industries are chosen based on 6 month average free-float market capitalization. The weight of the stocks in the index is based on their free-float market capitalization. more about Nifty Transportation & Logistics

The Nifty Midcap150 Quality 50 Index includes top 50 companies from its parent Nifty Midcap 150 index, selected based on their ‘quality’ scores. The quality score for each company is determined based on return on equity, financial leverage (except for financial services companies) and earning per share (EPS) growth variability of each stock analysed during the previous 5 financial years. The weight of each stock in the index is based on a combination of stock’s quality score and its free float market capitalization. more about Nifty Midcap150 Quality 50

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