Dear Sir/Madam,In continuation to our intimation dated 05th May 2026 and pursuant to SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that Board of Directors of the Company at their meeting held today i.e. 12th May, 2026 commenced at 4:00 pm (IST) and concluded at 8:45 pm (IST), has, inter-alia, considered, discussed and approved the following :1) Financial Results: Unaudited Financial Results for the Fourth Quarter and Annual Audited Financial Results of the Company for the financial year ended 31st March 2026 of the Company together with Limited Review Report and Auditors' Reports of the Statutory Auditors, that were placed before the Board of Directors and was taken on record.We hereby declare that the Statutory Auditors M/s. Deloitte Haskins & Sells LLP, Chartered Accountants, have issued their Limited Review Report and Audit Reports with unmodified opinion on the Unaudited Financial Results for the fourth quarter and Financial Results for the financial year ended 31st March 2026.2) Dividend for the Financial Year ended 31st March 2026:Recommended final dividend of Rs. 10/- per equity share for the financial year ended 31st March 2026, subject to approval of the shareholder at the ensuing 2nd Annual General Meeting ( AGM ) of the Company. The record date for reckoning the list of shareholders entitled to receive the final dividend shall be Friday, 03rd July 2026. The said dividend, if approved by the shareholders will be paid on or before, Friday, 11th September 2026.
SKFINDUS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
SKF India (Industrial) Limited reported annual revenue from operations of Rs 34,403.6 million for FY2026 ending March 31, 2026. Profit after tax stood at Rs 2,176.7 million with EPS of Rs 44 per share. The company declared an unmodified audit opinion from Deloitte Haskins & Sells LLP. Notable exceptional items of Rs 1,961 million include Rs 1,639.2 million in demerger-related expenses (stamp duty, professional services, IT costs) and Rs 34.9 million from new Labour Codes implementation. The board recommended a final dividend of Rs 10 per equity share (100% payout), totaling Rs 494.4 million, payable by September 11, 2026. This is the company's first full-year results following its demerger from SKF India Limited, with shares listed on BSE and NSE since December 5, 2025.
Positive signals include strong PAT of Rs 2,176.7 million and clean audit opinion. However, prior period figures are not comparable as the company was incorporated in December 2024. Exceptional items totaling Rs 1,961 million are non-recurring demerger costs, which investors should factor into underlying profitability. The 100% dividend payout demonstrates management confidence.