SKF India lifts FY27 growth guidance to 20%
after close1 source ↓machine-written, see hownot a recommendation
- SKFINDIA close
- ₹1,472
- On the day
- +1.20%
- 52-week high
- ₹2,245
- 52-week low
- ₹1,382
SKF India raised its FY27 revenue growth guidance to around 20% or more from the earlier 12%, while retaining its 17% margin target. The bearings maker said demand remained strong across automotive segments, with original equipment growth and exports supporting the outlook. The update gives the auto-components sector a stronger near-term demand signal 🚗.
Chief Financial Officer Mayank Holani said growth was healthy across two-wheelers, three-wheelers, passenger vehicles and commercial vehicles. Original equipment demand was described as the key driver, while exports recorded double-digit growth in each of the previous two quarters. The company’s July–September 2026 revenue was ₹596 cr, with a margin of 14.5%, below the retained FY27 target.
FY27 growth guidance 20% is the main price-sensitive change because it raises the expected pace of revenue expansion by 8 percentage points from the earlier forecast. The gap between the latest quarterly margin and the 17% target remains a factor for investors to track as volume growth improves. Stronger vehicle production and export demand can support bearings volumes, but the company’s ability to convert that growth into margins will determine the quality of the recovery ⚙️.
OI Charts data for 3 Nov 2026 showed the stock closing at ₹1,472, up 1.2%, on volume of 21,440. It had gained 4.5% over five sessions but remained down 2.5% over 20 sessions. The 52-week range stood at ₹1,382 to ₹2,245, placing the latest close close to the recent low and well below the 52-week high. The source article separately cited an intraday price of ₹1,392.50 on 4 Nov and a fall of more than 34% over the past year.
The next focus is the company’s second-half execution: whether original equipment demand and exports sustain the raised revenue trajectory, and whether margins move from 14.5% toward the 17% target. Investors will also watch the next quarterly disclosure for confirmation of demand across vehicle categories and continued export momentum 📈.
Source: CNBC TV18, 04 Nov 2026
Not investment advice. For informational purposes only.