SKF stock steadies as India unit hits new highs and March 2026 profits rise
Published on 09/02/2026 at 14:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
SKF (ISIN SE0000108227) stock is trading steadily on Nasdaq Stockholm as of September 1, 2026, while investors also watch the strong performance of SKF India (Industrial) Ltd, whose shares have recently reached fresh 52-week and all-time highs according to Indian market data.
SKF India earnings show sales jump and profit growth
For investors following SKF Group, the recent figures from SKF India (Industrial) Ltd provide a detailed view of operational momentum in the broader SKF ecosystem. According to data compiled by Tickertape for SKF India, sales for the quarter ended March 31, 2026 rose 31.24 percent to INR 945.72 crore compared with INR 720.61 crore in the quarter ended March 31, 2025. In the same March 2026 quarter, standalone net profit declined slightly by 1.93 percent to INR 118.97 crore versus INR 121.31 crore in the March 2025 quarter, indicating that higher sales did not fully translate into profit growth at the same pace.
On a full-year basis, SKF India (Industrial) reported net profit of INR 217.67 crore for the year ended March 31, 2026, an increase of 79.43 percent from INR 121.31 crore in the prior fiscal year ended March 31, 2025, according to the same Tickertape overview. These figures place the India business as a notable profit contributor within the SKF structure, even though currency and local market dynamics differ from the Swedish parent company.
India share price momentum and technical picture
The share price of SKF India (Industrial) Ltd has recently shown pronounced upward momentum. A detailed price snapshot from Univest on September 2, 2026 reports that the stock reached a latest 52-week high of INR 3,081.45, with the current price quoted at INR 3,037.10. That level represents a rise of 2.84 percent compared with the previous close of INR 2,953.25, highlighting a fresh leg higher in a broader upward trend.
Within the same trading session on September 2, 2026, the Univest snapshot notes that SKF India (Industrial) shares opened at INR 2,967.35 and moved between an intraday low of INR 2,937.95 and the high of INR 3,081.45. The analysis also cites valuation metrics such as a price to earnings multiple of 67.08 times and a price to book ratio of 9.49 times, alongside a return on equity of 15.9 percent. For investors looking at SKF Group holistically, this combination of strong price momentum and relatively high valuation for the India unit suggests that a significant portion of future growth expectations may already be reflected in the local share price.
More data and SKF background
Investors can explore additional figures and disclosures on SKF and its India unit via the SKF topic page and the company's investor relations site.
SKF expands global capabilities with new Pune center
Beyond pure financial metrics, SKF Group has also been active operationally. On September 2, 2026, specialist outlet Bearing News reported that SKF has inaugurated a new Global Capability Centre in Pune, India. The article describes the center as an important milestone in strengthening SKF's global capabilities from India, suggesting that the group is consolidating engineering, digital and shared services functions in a single hub.
For shareholders in SKF stock, the Pune Global Capability Centre represents a strategic investment aimed at improving efficiency, standardizing processes and tapping into India's skilled workforce. While the report does not attach specific revenue or cost saving figures to the new center, the move underlines SKF's plan to use India not only as a manufacturing base but also as a global operations and knowledge hub, which could support margins over time if executed effectively.
Representative SKF product: premium bearings
SKF's core business remains centered on bearings and rotating equipment solutions, and premium industrial bearings are a representative product for understanding its revenue drivers. These bearings are widely used in industrial machinery, automotive applications and energy infrastructure, providing lower friction and longer service life compared with commodity products. As SKF expands its engineering and digital support capabilities through centers such as the newly opened Pune Global Capability Centre, the company aims to complement its physical bearing products with predictive maintenance and condition monitoring services, potentially increasing the value per installed bearing for customers over the long term.
SKF stock and India unit price snapshot
As of September 1, 2026, the most recent detailed quote in the current search set for AB SKF on Nasdaq Stockholm shows the B share previously closing at SEK 256.00, down 1.23 percent, according to a historical snapshot on a major financial portal. This provides a reference level for investors monitoring SKF stock, even though intraday quotations for September 2, 2026 are not fully covered in the available sources.
In contrast, the Indian-listed SKF India (Industrial) Ltd has clear intraday data for September 2, 2026 from Univest, with the stock trading at INR 3,037.10 after touching an intraday high of INR 3,081.45 and a low of INR 2,937.95. For investors considering SKF exposure via the Indian unit, this price is also reported near the latest 52-week and all-time highs, underscoring how the India business currently trades at the upper end of its historical range.
SKF stock key data
- Company: SKF AB (publ)
- ISIN: SE0000108227
- Ticker: SKF-B
- Trading venue: Nasdaq Stockholm
- Price (as of July 29, 2026, 17:29): 256.00 SEK
- Sector / Industry: Industrials / Industrial machinery and equipment
- Index membership: OMX Stockholm index family
