SKF India Ltd (SKF India), a subsidiary of AB SKF is an industrial products manufacturing company. It offers various products such as bearings, lubrication solutions, magnetic systems, power transmission products and coupling systems and seals. SKF India provides test and measurement equipment; maintenance products; vehicle aftermarket, condition monitoring and actuation systems. It also offers various services such as lubrication services, engineering services, asset management services and remanufacturing and maintenance services. The company serves across various industries such as aerospace, construction, general machinery, railways, oil and gas, energy, pulp and paper and others. SKF India is headquartered in Pune, Maharashtra, India.
Headquarters
India
Address
Chinchwad, Near Chapekar Chowk, Pune, Maharashtra, 411033
Telephone
91 180 0222007
No of Employees
1,662
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
SKFINDIA (NSE)
Revenue (2022)
$548.6M
17.4%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
32.9%
(2022 vs 2021)
Market Cap*
$2.7B
Net Profit Margin (2022)
XYZ
13.2%
(2022 vs 2021)
* As of and is in US$
SKF India Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Rolling Bearings | Application Engineering |
| Mounted Bearings and Housings | Asset Management Services |
| Lubrication | Mechanical Maintenance Services |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | New Products/Services | In January, the company launched a new freely available Auto CO2 calculator tool. |
| 2023 | Contracts/Agreements | In November, the company and ArcelorMittal signed a five-year contract to introduce new technologies in the continuous casting machines of their operations in Fos-sur-Mer, France. |
| 2023 | Contracts/Agreements | In October, the company in collaboration with IncubateHub launched Open Innovation initiative. |
Competitor Comparison
| Key Parameters | SKF India Ltd | AIA Engineering Ltd | Graphite India Ltd | Timken India Ltd | NRB Bearings Limited |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Pune | Ahmedabad | Kolkata | Bangalore | Mumbai |
| State/Province | Maharashtra | Gujarat | West Bengal | Karnataka | Maharashtra |
| No. of Employees | 1,662 | 1,326 | 1,695 | 1,345 | 1,332 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Shailesh Kumar Sharma | Director - Operations | Executive Board | - | 54 |
| Ashish Saraf | Chief Financial Officer | Senior Management | 2022 | - |
| Manish Bhatnagar | President - Industrial Region Americas; Managing Director | Senior Management | 2024 | 54 |
| Gautam Kumar | Chief Human Resources Officer; Director - People Experience | Senior Management | - | - |
| Gopal Subramanyam | Chairman | Non Executive Board | 2019 | 67 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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