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SKF India Limited (500472) Fair Value & Analysis

Industrials · IN · Market cap ₹73.9B

SI SKF India Limited 500472 · BSE
Price₹1,480
Fair Value₹695.28
Upside-53.0%
Quality72/100
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Mixed Growth
Thin margins · 0.0% net margin
generates free cash flow
Wide moat 67/100
Evidence: High Range ₹457.17 – ₹1,073 Share as image

Fair value as of: Aug 2, 2026

From 23 valuation models · updated 8 days ago

Share price −9.6% over the past month.

A solid business, but screening 53% overvalued on our models.

What matters now

  • A high-quality business (quality 72/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
  • The price sits above even our optimistic bull case (₹1,073). The favourable scenario is already priced in.
  • A fairly wide model range (₹457.17 to ₹1,073) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

₹3,163 ₹957.96 Fair Value ₹695.28 Mar 2021 Jul 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 2, 2026.

How to read this chart

60‑month range ₹957.96 – ₹3,163 · fair‑value band ₹457.17 – ₹1,073 · the ₹1,480 price screens above the ₹695.28 fair value. Dashed = 300-day average. As of Aug 2, 2026.

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Analysis

SKF India Limited (500472) currently trades at ₹1,480, while our model-based Fair Value estimate is ₹695.28, implying the stock looks roughly 53.0% overvalued today. The Quality Score stands at 72/100 (solid quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

The stock trades on a trailing P/E of 35.0. Fundamentals as of Aug 2, 2026

Our scenario range runs from ₹457.17 (bear case) to ₹1,073 (bull case); at ₹1,480, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 38% below its 52-week high and 8% above its 52-week low. For context, the median of 10 Industrials peers we cover trades at -26% fair-value upside, at -53%, 500472 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Residual Income ₹347.63 ₹459.96 ₹1,799 76
Growth DCF ₹349.58 ₹461.96 ₹614.02 72
Growth-Adj P/E ₹624.16 ₹891.66 ₹1,159 68
All 23 models by family
DCF Models
FCF DCF ₹340.71 ₹460.39 ₹628.95 38
Owner Earnings ₹300.77 ₹403.51 ₹548.20 31
5Y Revenue Exit ₹584.91 ₹915.60 ₹1,325 39
5Y EBITDA Exit ₹669.26 ₹1,064 ₹1,505 41
5Y P/E Exit ₹626.41 ₹988.72 ₹1,348 38
10Y Revenue Exit ₹469.95 ₹747.59 ₹1,094 36
10Y EBITDA Exit ₹542.75 ₹847.55 ₹1,224 37
10Y P/E Exit ₹516.06 ₹796.77 ₹1,110 35
Earnings-Based
Graham-Dodd ₹362.39 ₹799.34 ₹1,020 54
PEG = 1.0 ₹127.58 ₹182.26 ₹236.94 46
EPV ₹648.44 ₹746.75 ₹832.77 59
Multiples
P/E Multiple ₹839.35 ₹1,119 ₹1,399 63
P/S Multiple ₹679.48 ₹905.97 ₹1,132 58
P/B Multiple ₹679.48 ₹905.97 ₹1,132 55
EV/EBIT ₹1,058 ₹1,391 ₹1,725 53
EV/EBITDA ₹975.33 ₹1,281 ₹1,587 54
EV/Revenue ₹772.01 ₹1,078 ₹1,384 43
Asset-Based
NCAV (Graham) ₹133.20 ₹178.49 ₹266.40 50
Growth DCF
Growth DCF ₹349.58 ₹461.96 ₹614.02 72
Rev-Margin DCF ₹584.91 ₹915.23 ₹1,260 67
Economic Profit
Residual Income ₹347.63 ₹459.96 ₹1,799 76
ROIC Compounder ₹668.58 ₹796.36 ₹927.31 67
Growth Earnings
Growth-Adj P/E ₹624.16 ₹891.66 ₹1,159 68

Widest divergence: Multiples (₹1,078) versus Asset-Based (₹178.49). Highest evidence: Residual Income (76).

Key figures & financial health

Free cash flow ₹1.3B FY2025
P/E ratio 35.0
EPS (TTM) ₹42.71

Figures from reported company fundamentals · as of Aug 2, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 72/100

Of which business quality 69 · Market factors (momentum, volatility) 32

Profitability 77
Margins and returns on capital today
Quality Growth 50
Are margins and returns improving?
Cashflow 33
Earnings quality: real cash, not paper profit
Fin. Strength 89
Balance sheet, leverage, solvency risk
Investment 92
Disciplined investing over empire-building
Low Volatility 72
Calm price path (market factor)
Momentum 20
Price trend over the last 3–12 months (market factor)
52W Momentum 6
Distance to the 52-week high (market factor)
Net Issuance 81
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

SKF India Limited manufactures and supplies products, solutions, and services in the area of bearings, seals, mechatronics, and lubrication systems primarily in India.

Full company description

SKF India Limited manufactures and supplies products, solutions, and services in the area of bearings, seals, mechatronics, and lubrication systems primarily in India. The company's products primarily include actuation systems; bearings, units, and housings; condition monitoring products; coupling systems; lubrication solutions; linear motion; magnetic systems; maintenance products; power transmission products; seals; test and measurement equipment; and vehicle aftermarket products. It also provides services, such as asset management, business consulting, customer training, engineering consultancy, logistics, mechanical maintenance, and remanufacturing and maintenance, as well as service contracts. SKF India Limited primarily serves automotive, aerospace, railway, renewable energy, medical, and food and beverage industries. The company was formerly known as SKF Bearings India Limited and changed its name to SKF India Limited in 2004. SKF India Limited was founded in 1907 and is based in Mumbai, India. SKF India Limited is a subsidiary of Aktiebolaget SKF.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

SKF India Limited reported revenue of ₹36.4B in FY2025 versus ₹36.7B in FY2021, a compound −0.2%/yr. Reported net income was ₹2.7B in FY2025, compounding −9.4%/yr from FY2021.

Growth Quality 52/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
₹36.4B
Latest YoY
−26.0%
Avg. growth/yr (3Y)
−5.4%
Avg. growth/yr (5Y)
+6.4%
Avg. growth/yr (10Y)
+1.2%
Revenue −0.2%/yr
FY21 ₹36.7B
FY22 ₹43.0B
FY23 ₹45.7B
FY24 ₹49.2B
FY25 ₹36.4B
Net income −9.4%/yr
FY21 ₹3.9B
FY22 ₹5.2B
FY23 ₹5.5B
FY24 ₹5.7B
FY25 ₹2.7B

500472 screens 53% overvalued. Compare with NIBE Industrier AB →

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Cite: Fair Value Calculator (2026). "SKF India Limited Fair Value". https://www.fairvalue-calculator.com/stock/500472

Peer Group

Machinery, Tools, Heavy Vehicles, Trains & Ships · 35 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 59 · Above median
Fair Value upside −53% · Bottom 25%
Return on assets 0% · Below median
Net margin (TTM) 0% · Bottom 25%
Operating margin (TTM) 0% · Below median
Revenue growth 0% · Below median

Valuation Multiples vs Machinery, Tools, Heavy Vehicles, Trains & Ships median · lower = cheaper

P/FCF 0.6× · Pricier than 75% of peers

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Machinery, Tools, Heavy Vehicles, Trains & Ships stocks, each showing price versus our Fair Value estimate (as of Aug 2, 2026).

Stock Price Fair Value vs Fair Value
NIBE Industrier AB NIBEB CHF 3.05 CHF 2.24 -26%
SPG Co 058610 74,000 KRW 9,187 KRW -88%
BHI Co 083650 48,350 KRW 35,822 KRW -26%
VITZROCELL Co 082920 28,900 KRW 23,575 KRW -18%
Sungho Electronics Corp 043260 17,830 KRW 10,608 KRW -41%
Hyulim ROBOT Co 090710 6,040 KRW 715.59 KRW -88%
Tae Kwang Corporation 023160 21,500 KRW 25,470 KRW +18%
522275 522275 ₹4,394 ₹3,006 -32%
Bosung Power Technology Co 006910 6,060 KRW 8,549 KRW +41%
Cape Industries Ltd 064820 9,260 KRW 32,726 KRW +253%

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Frequently asked questions

Is SKF India Limited (500472) overvalued or undervalued?
As of Aug 2, 2026, our model estimates a fair value of ₹695.28 versus a price of ₹1,480, about −53% (overvalued).
What is the fair value of 500472?
Our model-based fair value for SKF India Limited is ₹695.28 (as of Aug 2, 2026), built from audited fundamentals. The current price is ₹1,480.
What is the quality score of 500472?
SKF India Limited has a Quality Score of 72/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the net profit margin of 500472?
The net profit margin of SKF India Limited is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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