SKFINDIANSESKF India Limited· BearingsLowNeutral
Announced Thu, 15 May · 22:53 IST

Pursuant to the Regulation 30 & 33 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI LODR"), and in continuation to our intimation dated 08th May 2025 to Stock Exchanges for the Board Meeting Scheduled to be held on 15th May 2025, we wish to inform you that Board of Directors of the Company at its meeting held today commenced at 17:30 Hrs and concluded at 22:15 Hrs

Board & Shareholder Meetings View source PDF

SKFINDIA · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

SKF India's board, at its meeting on May 15, 2025, approved the audited standalone and consolidated financial results for Q4 and full year ended March 31, 2025, with an unmodified opinion from auditors Deloitte Haskins & Sells LLP. For FY25, revenue from operations rose to Rs. 49,199.2 million from Rs. 45,701.3 million in FY24, while net profit grew modestly to Rs. 5,658.1 million (vs Rs. 5,517.7 million). Q4 FY25 saw stronger growth, with PAT at Rs. 2,027.7 million versus Rs. 1,748.1 million in Q4 FY24. The board recommended a final dividend of Rs. 14.5 per equity share, subject to shareholder approval at the 64th AGM scheduled for August 6, 2025 (record date July 4, 2025). Additionally, the board appointed new Cost Auditors, Secretarial Auditors (5-year term), and Tax/GST Auditors.

Likely market impact

Modest top-line growth of ~7.7% and marginal PAT growth for FY25 may limit upside, though Q4 showed stronger sequential and year-on-year improvement. The Rs. 14.5 final dividend is positive for income-seeking shareholders, and the clean audit opinion supports confidence in the numbers. Cash and equivalents dropped sharply to Rs. 7,107.6 million from Rs. 12,174.6 million, largely due to higher dividend payouts.