Pursuant to Clause 15(b)(ii) of Schedule III, Part A, Para A read with Regulation 30 (2), Regulation 30(6) & Regulation 46(2)(oa) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended from time to time) ( SEBI LODR ) and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024, please find enclosed herewith transcript of 64th Annual General Meeting held on Wednesday, 06th August 2025 at 02:00 p.m. IST. The same will be available shortly on the website of the company for the convenience of the shareholders.
SKFINDIA · price
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SKF India reported FY25 revenue of INR 4,919.9 crore, up 7.65% year-on-year, with profit before tax of INR 763.1 crore (up 3.71%) and EPS of INR 111.4 (up 2.5%). The company announced a final dividend of INR 14.5 per share (145%). Management highlighted the ongoing demerger into two listed entities—one for automotive and one for industrial business—with NCLT filing completed and shareholder approval expected in Q3 CY2025, targeting listing by Q4 CY2025. Localisation crossed 80% of components, with automotive at 95% and industrial scaling from 40%. The company reduced Scope 1 and 2 emissions by 28% and uses over 95% renewable energy. Statutory and secretarial audit reports had no qualifications.
Shareholders got clarity on the demerger timeline and asset split between the two future entities, which could unlock value through sharper business focus. The lower growth in profit (3.71%) versus revenue (7.65%) suggests some margin pressure, though the healthy 145% dividend and 5-year EPS CAGR of 17.5% remain attractive for investors.