SKF India Ltd, a prominent subsidiary of the Swedish multinational SKF Group, stands as a leading provider of innovative technology and solutions in the domains of bearings, seals, lubrication systems, and related services. Since its establishment on April 12, 1961, the company has built a strong reputation for engineering and manufacturing excellence. Headquartered in Pune, Maharashtra, SKF India operates through five key technology-centric platforms: Bearings and Units, Seals, Lubrication Systems, Condition Monitoring, and Maintenance Services. These platforms enable the company to offer comprehensive solutions tailored to enhance machinery performance, reliability, and efficiency across diverse industries. SKF India is listed on both the Bombay Stock Exchange (BSE) under the ticker symbol 500472 and the National Stock Exchange (NSE) under SKFINDIA. With state-of-the-art manufacturing facilities in Pune, Bangalore, and Haridwar, the company consistently delivers high-quality products such as bearings, mechatronics, and lubrication systems. Despite reporting a 17.1% year-on-year decline in net profit for the third quarter ending December 2024, SKF India demonstrated resilience by achieving a 15% increase in revenue from operations. Recent leadership changes, including the appointment of Shailesh Kumar Sharma as an executive director, reflect the company’s strategic approach to growth. Committed to sustainability and innovation, SKF India heavily invests in research and development to address the evolving needs of its customers, solidifying its position as a trusted partner in enhancing industrial efficiency.
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | |
| Promoters + | 52.58% | 52.58% | 52.58% | 52.58% | 52.58% |
| FIIs + | 6.61% | 6.77% | 7.93% | 8.25% | 8.32% |
| DIIs + | 28.98% | 29.00% | 28.12% | 27.32% | 27.15% |
| Public + | 11.83% | 11.65% | 11.38% | 11.86% | 11.93% |
| No. of Shareholders | 46,562 | 45,970 | 48,477 | 58,535 | 60,295 |
The shareholding pattern of SKF India showcases a stable and well-distributed ownership structure across different investor categories. Promoters consistently held a majority stake of 52.58% throughout the year, reflecting strong ownership stability. Foreign Institutional Investors (FIIs) steadily increased their stake from 6.61% in December 2023 to 8.32% by December 2024, indicating growing confidence from global investors in SKF India’s performance.
Domestic Institutional Investors (DIIs), however, saw a slight decline in their holdings, moving from 28.98% in December 2023 to 27.15% by December 2024. Public shareholding remained relatively stable, showing a minor increase from 11.83% in December 2023 to 11.93% by the end of the year. Additionally, the number of shareholders grew significantly from 46,562 in December 2023 to 60,295 in December 2024, reflecting increasing investor interest and participation in SKF India’s growth trajectory.
Below are the trading platforms that you can use to purchase SKF India shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| March 2025 | 4,157.77 | 3,198.28 |
| April 2025 | 4,116.60 | 3,166.62 |
| May 2025 | 3,996.70 | 3,074.39 |
| June 2025 | 4,176.55 | 3,212.73 |
| July 2025 | 4,094.66 | 3,149.74 |
| August 2025 | 4,221.30 | 3,247.15 |
| September 2025 | 4,271.95 | 3,286.12 |
| October 2025 | 4,383.03 | 3,371.56 |
| November 2025 | 4,492.60 | 3,455.85 |
| December 2025 | 4,694.77 | 3,611.36 |
As we move through 2025, SKF India shares are expected to show steady growth. In March 2025, prices may range between ₹3,198.28 and ₹4,157.77. By mid-year, in June 2025, shares are likely to trade between ₹3,212.73 and ₹4,176.55. As we approach September, prices could reach ₹3,286.12 to ₹4,271.95. Finally, by December 2025, shares are projected to peak at ₹3,611.36 to ₹4,694.77.
| When | Maximum Price | Minimum Price |
| January 2026 | 4,835.61 | 3,719.70 |
| February 2026 | 4,714.72 | 3,626.71 |
| March 2026 | 4,809.02 | 3,699.24 |
| April 2026 | 4,907.16 | 3,774.74 |
| May 2026 | 4,858.57 | 3,737.36 |
| June 2026 | 4,980.04 | 3,830.80 |
| July 2026 | 4,882.39 | 3,755.68 |
| August 2026 | 5,033.39 | 3,871.84 |
| September 2026 | 5,134.06 | 3,949.28 |
| October 2026 | 5,267.54 | 4,051.96 |
| November 2026 | 5,399.23 | 4,153.26 |
| December 2026 | 5,534.21 | 4,257.09 |
As we step into 2026, SKF India shares are anticipated to display a progressive rise throughout the year. In January 2026, the shares are expected to range between ₹3,719.70 and ₹4,835.61. By March 2026, the prices may vary from ₹3,699.24 to ₹4,809.02, showing steady momentum. As we step further into the mid-year, in June 2026, the shares are projected to range from ₹3,830.80 to ₹4,980.04. Moving towards September 2026, prices could reach between ₹3,949.28 and ₹5,134.06. Finally, as we step into December 2026, SKF India shares are expected to peak at ₹4,257.09 to ₹5,534.21, indicating consistent growth across the year.
| When | Maximum Price | Minimum Price |
| January 2027 | 5,589.56 | 4,299.66 |
| February 2027 | 5,732.88 | 4,409.91 |
| March 2027 | 5,956.46 | 4,581.89 |
| April 2027 | 5,839.67 | 4,492.05 |
| May 2027 | 5,669.58 | 4,361.22 |
| June 2027 | 5,924.71 | 4,557.47 |
| July 2027 | 5,808.54 | 4,468.11 |
| August 2027 | 5,988.19 | 4,606.30 |
| September 2027 | 6,197.77 | 4,767.52 |
| October 2027 | 6,358.91 | 4,891.47 |
| November 2027 | 6,517.89 | 5,013.76 |
| December 2027 | 6,680.83 | 5,139.10 |
| When | Maximum Price | Minimum Price |
| January 2028 | 6,814.45 | 5,241.89 |
| February 2028 | 6,989.18 | 5,376.29 |
| March 2028 | 7,261.76 | 5,585.97 |
| April 2028 | 7,119.37 | 5,476.44 |
| May 2028 | 6,912.01 | 5,316.93 |
| June 2028 | 7,223.05 | 5,556.19 |
| July 2028 | 7,081.42 | 5,447.25 |
| August 2028 | 7,300.44 | 5,615.72 |
| September 2028 | 7,555.95 | 5,812.27 |
| October 2028 | 7,752.41 | 5,963.39 |
| November 2028 | 7,946.22 | 6,112.47 |
| December 2028 | 8,144.87 | 6,265.29 |
| When | Maximum Price | Minimum Price |
| January 2029 | 8,307.77 | 6,390.59 |
| February 2029 | 8,520.79 | 6,554.45 |
| March 2029 | 8,853.10 | 6,810.08 |
| April 2029 | 8,679.51 | 6,676.55 |
| May 2029 | 8,426.71 | 6,482.08 |
| June 2029 | 8,805.91 | 6,773.78 |
| July 2029 | 8,633.24 | 6,640.96 |
| August 2029 | 8,900.25 | 6,846.35 |
| September 2029 | 9,211.76 | 7,085.97 |
| October 2029 | 9,451.27 | 7,270.21 |
| November 2029 | 9,687.55 | 7,451.96 |
| December 2029 | 9,929.74 | 7,638.26 |
| When | Maximum Price | Minimum Price |
| January 2030 | 10,128.33 | 7,791.02 |
| February 2030 | 10,388.03 | 7,990.79 |
| March 2030 | 10,793.17 | 8,302.44 |
| April 2030 | 10,581.54 | 8,139.64 |
| May 2030 | 10,273.34 | 7,902.57 |
| June 2030 | 10,735.64 | 8,258.18 |
| July 2030 | 10,525.13 | 8,096.26 |
| August 2030 | 10,850.65 | 8,346.66 |
| September 2030 | 11,230.43 | 8,638.79 |
| October 2030 | 11,522.42 | 8,863.40 |
| November 2030 | 11,810.48 | 9,084.98 |
| December 2030 | 12,105.74 | 9,312.11 |
As we progress into 2030, SKF India shares are projected to experience significant growth throughout the year. In January 2030, the shares are expected to range between ₹7,791.02 and ₹10,128.33. By March 2030, prices may increase to a range of ₹8,302.44 to ₹10,793.17. As we progress further into mid-year, June 2030 may witness prices between ₹8,258.18 and ₹10,735.64. Moving towards September 2030, SKF India shares are anticipated to range from ₹8,638.79 to ₹11,230.43. Finally, as we progress into December 2030, the shares are expected to reach between ₹9,312.11 and ₹12,105.74, reflecting a strong upward trajectory throughout the year.
Financial Condition of SKF India
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
| Sales + | 2,842 | 2,671 | 3,666 | 4,305 | 4,570 | 4,910 |
| Expenses + | 2,492 | 2,251 | 3,110 | 3,556 | 3,853 | 4,258 |
| Operating Profit | 349 | 420 | 556 | 749 | 718 | 652 |
| OPM % | 12% | 16% | 15% | 17% | 16% | 13% |
| Other Income + | 104 | 36 | 35 | 52 | 94 | 146 |
| Interest | 9 | 2 | 2 | 2 | 1 | 1 |
| Depreciation | 57 | 58 | 57 | 67 | 75 | 80 |
| Profit before tax | 387 | 396 | 531 | 733 | 736 | 717 |
| Tax % | 25% | 25% | 26% | 28% | 25% | |
| Net Profit + | 289 | 298 | 395 | 525 | 552 | 538 |
| EPS in Rs | 58.46 | 60.22 | 79.92 | 106.15 | 111.61 | 108.79 |
| Dividend Payout % | 222% | 24% | 18% | 38% | 116% |
SKF India has demonstrated steady financial growth over the years, as reflected in its financial performance from March 2020 to the trailing twelve months (TTM). Sales have shown a consistent upward trajectory, increasing from ₹2,842 crore in March 2020 to ₹4,910 crore in TTM. Correspondingly, expenses have risen from ₹2,492 crore to ₹4,258 crore in TTM, reflecting SKF India’s expanding scale of operations.
Operating profit peaked at ₹749 crore in March 2023, with an operating profit margin (OPM%) of 17%, though it slightly declined to ₹652 crore with an OPM of 13% in TTM. Other income has seen a significant rise, reaching ₹146 crore in TTM compared to ₹94 crore in March 2024. Interest costs have remained negligible, demonstrating effective financial management.
Net profit has grown from ₹289 crore in March 2020 to ₹552 crore in March 2024, with a slight dip to ₹538 crore in TTM. EPS has consistently increased, reaching ₹108.79 in TTM from ₹58.46 in March 2020. Dividend payout percentages have varied, with a notable 116% in March 2024. Overall, SKF India has shown resilience and adaptability, maintained profitability and delivering value to its shareholders.
FAQS
As of February 26, 2025, the current share price of SKF India is ₹3,791.
The share price target for SKF India in 2025 is estimated to be between ₹3,074.39 and ₹4,694.77, according to financial analysts.
How has SKF India’s financial performance been in recent years?
SKF India’s financial performance has shown steady growth in terms of revenue and profits over the last five years, although there have been some fluctuations in operating costs and interest expenses.
What is the dividend payout ratio for SKF India?
The dividend payout ratio for SKF India has ranged from 18% to 222% over the last five years.
ALSO READ:
- Apollo Micro Systems Share Price Target 2025, 2026 to 2030
- Godawari Power & Ispat Share Price Target 2025, 2026 to 2030
- Jain Irrigation Systems Share Price Target 2025, 2026 to 2030
Conclusion
SKF India Ltd. has established itself as a trusted leader in industrial solutions with a strong history of innovation and excellence. Despite challenges such as a decline in net profit in the third quarter of 2024, the company has demonstrated resilience with consistent revenue growth and strategic leadership changes. The stable shareholding pattern, increasing FII interest, and growing investor participation underscore confidence in the company’s future.
Price projections from 2025 to 2030 indicate a steady upward trajectory, reflecting market optimism for SKF India’s sustained growth and innovation. Furthermore, the company’s strong financials, including steady sales growth and efficient cost management, highlight its operational efficiency and commitment to value creation. Overall, SKF India is well-positioned to capitalize on opportunities and deliver long-term value to its stakeholders.
Having said that, we are not a financial advisor. Please consult a SEBI-registered financial advisor before trading SKF India. This post on SKF India share price target from 2025 to 2030 is for educational purposes only.
What did we learn?
