Skf India Limited

Founded in 1961 and headquartered in Maharashtra, India.

1961 | Pune, Maharashtra (India) | Active
Last Updated: November 26, 2024

Skf India Profile

Key Indicators

  • Authorised Capital ₹ 100.00 Cr
  • Paid Up Capital ₹ 49.44 Cr
  • Company Age 63 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 20.60 Cr
  • Revenue Growth 7.05%
  • Profit Growth 5.14%
  • Ebitda -4.25%
  • Net Worth 14.58%
  • Total Assets 14.90%

About Skf India

Skf India Limited (SIL) was founded in India on 12 April 1961 and has a glorious history of 63 years and nine months. Its registered office is in Pune, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500472 and on the National Stock Exchange(NSE) under SKFINDIA.

The Corporate was formerly known as Skf Bearings India Limited. The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 100.00 Cr and a paid-up capital of Rs 49.44 Cr.

The company has closed loans amounting to ₹20.60 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Skf India Limited India are Ranjan Kumar as COMPANY SECRETARY and Ashish Saraf as Cfo.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    L29130PN1961PLC213113

  • Company No.

    011980

  • Stock Symbol

    BSE : 500472 NSE : SKFINDIA

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Apr 1961

  • Date of AGM

    13 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Pune

Industry

Machinery and Equipment

What products or services does Skf India Limited offer?

Skf India Limited offers a wide range of products and services, including Clutch, Clutch Parts & Accessories, Commercial Vehicle Clutch Parts, Seals, Oil Seals & Industrial Seals, Shaft Seal, Heater, Thermostat & Heating Devices, Industrial Heaters, Seals, Industrial & Engineering Goods, Couplings, Oils, Grease & Lubricants.

Who are the key members and board of directors at Skf India?

Executive Team (3)

Name Designation Appointment Date Status
Mukund Vasudevan Country flag representing In Managing Director 21-Jun-2024 Current
Ranjan Kumar Country flag representing In Company Secretary 01-Aug-2019 Current
Ashish Saraf CFO 11-May-2022 Current

Board Members (5)

Name Designation Appointment Date Status
Subramanyam Gopal Country flag representing In Director 16-May-2019 Current
Anu Wakhlu Country flag representing In Director 16-May-2019 Current
Manish Bhatnagar Country flag representing In Director 16-Aug-2018 Current
Karl Landholm Country flag representing Se Director 28-Jun-2022 Current
Kerstin Enochsson Additional Director 17-Sep-2024 Current

Financial Performance of Skf India.

Skf India Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 7.05% increase. The company also saw a slight improvement in profitability, with a 5.14% increase in profit. The company's net worth Soared by an impressive increase of 14.58%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
7.05%
Revenue from Operations
6.16%
Total Assets
14.90%
Profit or Loss
5.14%
Net Worth
14.58%
EBITDA
-4.25%

What is the Ownership and Shareholding Structure of Skf India?

In 2024, Skf India had a promoter holding of 52.58% and a public holding of 47.42%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹20.60 Cr

Charges Breakdown by Lending Institutions

  • Hongkong And Shanghai Banking Corporation Limited : 20.00 Cr
  • Hdfc Bank Limited : 0.50 Cr
  • Others : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
23 Aug 2021 Others ₹1.00 M Satisfied
08 Aug 2020 Hdfc Bank Limited ₹5.00 M Satisfied
24 Jan 1998 Hongkong And Shanghai Banking Corporation Limited ₹20.00 Cr Satisfied

How Many Employees Work at Skf India?

Skf India has a workforce of 1848 employees as of Nov 26, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Skf India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Skf India's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Skf India

Recent activity within the organization

  • Charges

    A charge registered on 08 Aug 2020 via Charge ID 100362437 with Hdfc Bank Limited was fully satisfied on 18 Oct 2024.

    18 Oct 2024

  • Director Appointment

    Kerstin Enochsson was appointed as a Additional Director was appointed as a Additional Director on 17 Sep 2024 & has been associated with this company since 4 months 17 days .

    17 Sep 2024

  • Annual General Meeting

    Skf India Limited last Annual general meeting of members was held on 13 Aug 2024 as per latest MCA records.

    13 Aug 2024

  • Director Appointment

    Mukund Vasudevan was appointed as a Managing Director was appointed as a Managing Director on 21 Jun 2024 & has been associated with this company since 7 months 13 days .

    21 Jun 2024

  • Balance Sheet

    Skf India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 0.50 Cr registered on 08 Aug 2020 with Charge ID 100362437 was modified on 22 Feb 2024.

    22 Feb 2024

Frequently asked questions

  • Skf India Limited was incorporated on 12 Apr 1961.

  • The authorized share capital of Skf India Limited is ₹ 100.00 Cr and paid-up capital is ₹ 49.44 Cr.

  • Currently 8 directors are associated with Skf India Limited.

    • Anu Arun Wakhlu
    • Mukund Vasudevan
    • Subramanyam Gopal
    • Manish Bhatnagar
    • Karl Robin Joakim Landholm
    • Kerstin Enochsson
    • Ranjan Kumar
    • Ashish Saraf
  • As per Ministry of Corporate Affairs (Mca), the registered address of Skf India Limited is Chinchwad India, Pune, Maharashtra, 411033.

  • The corporate identification number (CIN) of Skf India Limited is L29130PN1961PLC213113 and the company number is 011980 as per Ministry of Corporate Affairs (MCA).

  • Yes, Skf India Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): SKFINDIA.

  • The Official website of Skf India Limited is https://www.skf.com

  • According to the financial reports for the fiscal year 2024, the revenue trend for Skf India Limited has risen by 7.05%.

  • As Per 2024 financial reports, 1848 employees are currently employed by Skf India Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Skf India Limited has experienced an upsurge of 14.58%.

  • The most recent Balance Sheet for Skf India Limited was filed with the ROC on 31 Mar 2024.

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