SKFINDUSNSESKF India (Industrial) LimitedHighPositive
Announced Wed, 13 May · 24:46 IST

SKF India (Industrial) Limited has informed the Exchange that Record date for the purpose of Dividend is 03-Jul-2026.

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SKFINDUS · price

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Price reaction · full curve 14 horizons · vs prior close
+5.8%1-day move
₹2032.00
prior close
₹2099.00
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.9-2.0-2.3-3.4+5.8+1.0+1.9+3.6+1.4+2.5+18.7+22.0+35.8
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AI summary

SKF India (Industrial) Limited, a newly listed bearing manufacturer (spun out from SKF India Limited), reported annual revenue of Rs. 34,403.6 million and net profit of Rs. 2,176.7 million for FY ended March 2026. The Board recommended a final dividend of Rs. 10 per equity share (100% payout on Rs. 10 face value), totaling Rs. 494.4 million. The record date for shareholders to be eligible for dividend is July 3, 2026, with payment due by September 11, 2026. Earnings per share for the year stood at Rs. 44. The company's listing on BSE and NSE happened on December 5, 2025, following a demerger scheme approved by NCLT.

Likely market impact

The dividend declaration signals healthy cash generation and commitment to shareholder returns. The company posted strong full-year profits, indicating operational stability post-demerger. Investors on record by July 3, 2026 will receive the Rs. 10 per share dividend.