SKF India Limited Q2 FY27 Revenue Rises 20.1% to ₹595.8 Crore YoY

SKF India Limited reported Q2 FY27 revenue of ₹595.8 crore, up 20.1% year on year, while profit before tax increased 77.2% to ₹69.8 crore. The automotive-focused bearing company also approved ₹140.4 crore of capacity expansion at its Haridwar and Pune manufacturing plants.

What did SKF India report for Q2 FY27?

SKF India reported standalone revenue from operations of ₹595.81 crore for the quarter ended 30 September 2026, compared with ₹495.91 crore in Q2 FY26. Revenue was also 1.4% higher than ₹587.79 crore in Q1 FY27, indicating growth on both annual and sequential bases.

The company reported profit before tax of ₹69.80 crore, up 77.2% from the year-earlier quarter. EBITDA rose 34.5% year on year to ₹86.5 crore from ₹64.3 crore. Standalone net profit after tax from continuing operations was ₹51.70 crore, an increase of 80% from ₹28.72 crore in Q2 FY26. Consolidated net profit for the quarter stood at ₹51.81 crore.

For the half year ended 30 September 2026, revenue from operations grew 23.5% year on year to ₹1,183.6 crore. The results were submitted as unaudited standalone and consolidated financial statements, accompanied by a limited review report from Deloitte Haskins & Sells LLP.

What drove SKF India's quarterly performance?

SKF India attributed the revenue performance to broad-based demand across key automotive segments, according to the results summaries. The company also referred to the launch of the SKF Vertevo brand alongside its financial disclosures. The available filing information does not provide a detailed segment-wise revenue split or management guidance for future quarters.

Total expenditure was ₹555.09 crore during Q2 FY27. This was 7.5% higher than the ₹516.38 crore recorded in Q1 FY27. While revenue increased sequentially, standalone net profit was lower than the ₹61.84 crore recorded in the preceding quarter, showing that quarterly profitability did not move in line with the modest revenue increase.

The current results should be read in the context of SKF India's business restructuring. The Industrial business was demerged effective 1 October 2025, creating SKF India and SKF India (Industrial) Limited as separate entities. The ₹595.81 crore quarterly revenue discussed in this report relates to SKF India and should not be combined with financial data reported separately by SKF India (Industrial).

What capacity expansion has SKF India approved?

SKF India approved total capital expenditure of ₹140.40 crore to expand bearing manufacturing capacity at Haridwar and Pune. The projects are intended to address demand and, in the Pune project, reduce dependence on imported trading volumes.

The Haridwar plant will receive ₹62.60 crore for two deep groove ball bearing channels. Production is scheduled to begin in phases from December 2026 through March 2027. The Pune facility will receive ₹77.80 crore for two tapered roller bearing channels, with production expected to commence in phases between March 2027 and July 2027.

The disclosed schedule places the operational benefits of these investments beyond the reported September quarter. The company has not provided an investment return estimate, capacity volume, or quantified revenue contribution from the new channels in the information available.

How should investors read SKF India's results and upcoming call?

SKF India's results show a 20.1% increase in quarterly revenue and a faster 77.2% increase in profit before tax. The gap between these growth rates is relevant because it indicates a substantial improvement in pre-tax profit during the year-earlier comparison. However, net profit declined 16.4% sequentially, even as revenue rose 1.4% from Q1 FY27.

No share-price movement, dividend decision, or formal earnings outlook was disclosed in the supplied material. Investors therefore have a defined set of reported figures but limited visibility on management expectations beyond the announced manufacturing projects. The statutory auditor issued an unmodified limited-review conclusion on the unaudited results, as stated in the earnings summary.

SKF India has organised an earnings call for Q2 FY27 on 5 November 2026 at 10:00 AM IST. The company submitted the related investor presentation under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations. The call may provide further context on automotive demand, the new brand launch, capital spending and the timeline for the new production channels.

Conclusion

SKF India's Q2 FY27 disclosure records higher revenue, EBITDA and profit before tax compared with the corresponding quarter a year earlier. Revenue reached ₹595.81 crore, while the company approved ₹140.40 crore of manufacturing investment across Haridwar and Pune. The results also reflect the post-demerger structure, under which the Industrial business is separately reported.

The next disclosed event is SKF India's Q2 FY27 earnings call at 10:00 AM IST on 5 November 2026. Investors can watch for management commentary on automotive demand, the execution of the Haridwar and Pune projects, and any additional information on the expected effects of the SKF Vertevo brand launch.