SKFINDUSBSESKF India (Industrial) LtdHighPositive
Announced Wed, 13 May · 24:58 IST

The Board recommended final dividend of Rs. 10/- per Share for FY 2026-27.

Corporate Actions View source PDF

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's Board of Directors has recommended a final dividend of Rs. 10 per equity share (face value Rs. 10) for FY 2025-26, translating to a 100% payout ratio. The total dividend payout will be Rs. 494.4 million. This is subject to shareholder approval at the ensuing AGM, with a record date of July 3, 2026, and payment expected by September 11, 2026. For context, the company reported annual profit of Rs. 2,176.7 million and EPS of Rs. 44 for FY 2025-26. This is the first full year of operations for SKF India (Industrial) Limited following its demerger from SKF India Limited, with shares listed on BSE and NSE from December 5, 2025.

Likely market impact

The dividend recommendation signals strong financial performance in the first full year post-demerger. The 100% payout ratio demonstrates confidence in the company's cash flows and future prospects, which should be viewed positively by existing shareholders.