SKF India declares Rs. 20 interim dividend; Q1 profit dips, MD change

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SKFINDUS · price

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Price reactionminutes from the announcement price · days from the prior close

-2.5%Reaction day

₹2728.70

prior close

₹2640.10

announcement price

After-mkt

timing

Nifty Microcap 250market+0.4%-2.9% vs market

Abrasives & Bearings peers, median of 6sector+0.4%-3.0% vs sector

On the reaction day the stock moved 2.9 pts less than Nifty Microcap 250 and 3.0 pts less than its Abrasives & Bearings peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.5

10m

+0.8

15m

+0.7

30m

-0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.5+0.4-2.9+0.4-3.0

Next day

+0.4+0.5-0.1+0.5-0.1

-1.6+0.6-2.2+0.0-1.7

+0.4+0.7-0.3+0.1+0.3

-2.7+1.1-3.8-1.2-1.5

+3.0+0.5+2.5-1.8+4.8

+1.1+1.3-0.2-1.5+2.5

15d

+9.9+0.5+9.4-5.8+15.7

+3.3-0.8+4.2-4.5+7.8

-6.4-0.9-5.5-3.7-2.7

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UpDownMarket · Nifty Microcap 250Sector · Abrasives & Bearings peers, median of 6Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

SKF India (Industrial) Q1 FY27 revenue rose to Rs. 9,707.7M (from Rs. 8,206.3M YoY), but profit fell to Rs. 619.2M (from Rs. 718.7M). EPS Rs. 12.5 vs Rs. 14.5. Board declared Rs. 20 interim dividend per share (200% on face value), record date Aug 17, 2026. MD Mukund Vasudevan resigns Aug 31, moves to Non-Executive Director; Sujeeth Pai to be new MD from Sep 1.

Likely market impact

Positive dividend income for shareholders on record date Aug 17. Leadership change is internal within SKF Group. Q1 profit dip may concern investors.